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bitcoin core in pruned mode.
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Just neg'd the guy out of principle.
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maybe the powers at the top are concerned about that $18 trillion debt hanging over their heads.
Deflation = debt harder to service.
Inflation = debt shrinks
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for short term investment would pick bitcoin But Long Term investment pick Gold, Because Gold prices is stable
Does anyone even bother checking before posting opinions?  |
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All it takes is a 1 second check off the activity score and trust level.
A little due diligence goes a long way.
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Russia claim to have evidence that 911 was an inside job and are planning on releasing the info shortly.
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I think I will choose bitcoin over gold, as I have a strong feeling that bitcoin can be me some good returns of my investments in compare to gold, as gold is too stable and making profits would be time consuming.
Gold is up 17% in 12 weeks, not a bad profit  Yeah. I have also been looking at gold while looking at bitcoin fluctuating. It seems that gold have been a lot active these days. Maybe demands are coming and some buyers wants to invest too. I dont know if whales from gold are doing this, still havent tried to dig what is happening. The rise in gold price is currently driven by global economic uncertainty. The global financial system is currently on the edge of going tits up. Under these circumstances there is always a flight to safey - gold. |
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I think I will choose bitcoin over gold, as I have a strong feeling that bitcoin can be me some good returns of my investments in compare to gold, as gold is too stable and making profits would be time consuming.
Gold is up 17% in 12 weeks, not a bad profit |
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The first bit you need to word out is collateral.
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Governments and top bankers are desperate to outlaw cash. The reasons are simple - 1) Every transaction you make can be checked and audited. 2) When the next financial crisis hits there will be no more bank runs as there will be no cash to withdraw. 3) When negative interest rates hit you wont be able to stash cash under the mattress, your money will be locked in to a bank account becoming less and less daily. 4) When a bank folds they hold all your wealth and you know who will end up paying for their failure A cashless society = 100% bankers/government financial control over you. Not a "good" citizen, then they freeze your account leaving you penniless. Anyone who supports scrapping cash and moving fully to digital currency is an idiot that doesn't fully understand the implications. |
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lol, All sell orders are moving upward.
Are there any buy orders to match though? |
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I have been buying gold for quite a while now.
My advice is too avoid really small gold items as the premiums are silly.
Your best bet is to save a little longer and go for something like a 1/10 coin or a 1/2 sovereign as the premiums are far better.
Sovereigns can bought from 3-4% above spot and are extremely liquid, recognized world wide and are capital gains tax free in the UK.
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Bitcoin supply is unlimited because its infinitly divisible.
You could divide 1 bitcoin between everyone on the planet if you wanted too.
Yes. But that is still just one bitcoin. One bitcoin will be worth a lot if there is no way to make two bitcoin out of one bitcoin. My point is that bitcoin is not scarce, it is infinitely available. The only thing that changes is how much fiat value you apply to each digit. you can not impose an hard fork to add more divisible unit, so it's actually scarce, if you means that it's not scarce because the value of a single coins can increase then i can argue the same about gold I am just stating if bitcoin achieved a huge value per whole coin then additional digits can easily be added through the changing of a few lines of code. You cant create more gold with a magic wand. |
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Bitcoin supply is unlimited because its infinitly divisible.
You could divide 1 bitcoin between everyone on the planet if you wanted too.
Yes. But that is still just one bitcoin. One bitcoin will be worth a lot if there is no way to make two bitcoin out of one bitcoin. My point is that bitcoin is not scarce, it is infinitely available. The only thing that changes is how much fiat value you apply to each digit. |
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Bitcoin supply is unlimited because its infinitly divisible.
You could divide 1 bitcoin between everyone on the planet if you wanted too.
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people will always need oil and gold and the oil price drop is a blip and will not last too long.
Until a few years ago bitcoin did not even exist, so which is easiest to replace and forget.
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Offcourse I would go for gold. Bitcoin is very young and can't offer you any stability.
I am still afraid that the price just tanks to 1 dollar, which would make us very poor.
I'm reading this reply in disbelief. Truly, do you have any idea about how prices work? Gold could drop to 1 dollar as well, but that's beside the point. These items have value because there is perceived value behind it. If you're afraid that the price will drop to 1 dollar, you can still sell it right away, as the original post had stated you would walk away with it (and you don't have to keep it in that form). As well as this, it's way easier to sell bitcoins rather than gold (for a lower fee) and although gold seems like it's always valuable, you should realize that bitcoin also has a fairly large backing and community behind it. Gold has multiple phycial uses and unique chemical properties protecting its value. Bitcoin is just online currency that can easily be cloned and copied if governments wish to. |
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