Gold prices currently going down because of two main reasons. First thing USD becoming more stronger and when ever USD appreciates then gold will fall down. Another main reason is demand has gone down for gold from the worlds most consumable countries like India and Chain. All these factors are temporary once growth picks up then surely gold prices will go up but in short term gold may come down some more.
1. Yes. It is true that the value of the USD has gone up. This has resulted in the devaluation of other currencies and commodities. But the trend should reverse itself in 2-3 years time. 2. I am not seeing any long-term decline in the demand from India and China. The Chinese demand is stable, while that from India is down slightly due to the government introducing new taxes on gold import. China I'm really not sure how long the demand will be down but the Indian government has introduced few new schemes for people put their gold in banks and banks are giving them some interest for gold deposits. They have a plans to reduce import of gold for long term if they can tap this tons of gold are holding by Indian common people so we need to wait and see how this new scheme will impact on gold prices |
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Most people would dump their bitcoins 'cause they scared of losing money
but like most people said, they trade/dump them and buy them again
endless cycle if you ask me but good investment
That is true. New people who enter into the bitcoins will dump once prices slightly go down because of scare and thinking prices may fall more and this kind of people are more in the market bu the other category people are like traders. They will sell when they make some profits from the coins and they know again they can buy at lower level of the price. I also usually sell when I make some profits and buy it again at lower price. |
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there would surely be less people interested in bitcoins then as now gambling is available without any licences for casinos what makes the price grow as people want to play anonymously
Yes that is true. As of now bitcoins are used mostly in gambling and other gray businesses so if there was no gambling then by now bitcoins might have disappeared. Because of no tractability feature in bitcoin there are some many unlicensed gambling houses are running online. I feel if there was no gambling then world would have been more peaceful than now. |
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with gambling you can surely earn a lot of money you can even earn millions though you have to be extremely lucky
I do not think so.. If gambling really can earn a lot of money, why i keep see a lot people lost their money in gambling? well i said that you have to be really lucky for this to happen and it is nearly impossible im pretty sure that there are some people in the world who are millionaires from gambling Just 1 : 1,000,000 people who can get lucky and be millionaire from gambling. In percentage their probability is 0.0001% I don't think even that much percentage people can become millionaire from gambling but they may be lucky and might win some money from gambling. But if they continue playing like that then surely at the end they will lose all their money in gambling it self. So I don't think any one can earn and live with gambling. |
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Now it looking i will make nice profit Sri Lanka @1.86 before start of the match because it is brilliant from start current run rate over 10 now.
The t20 series started already ? How's it not being shown on directbet?What time are the matches anyway ?Is the match still going on? I would say sri lanka would win this match if the choose to ball first. Sri Lanka won by 30 runs. This match was a quite high scoring match between these two teams but again WI failed to chase down the SL 215 runs. SL batted first and just for the lose of three wicket they put up a very good score of 215 runs but WI managed to reach only 185 runs and all out in last over. It was a very good performance from SL team. sri lanka really preformed very well, all top batsman played well and then bowling also went good, and same west indies bowling was very poor, apart from pollard all bowlers are poor, and batting also did not performed well. Yes this match was very good and I watched it completely. I like these T20 games when they are high scored matches to watch. Who ever win but lot of six's and fours from both sides and match was quite interesting but since from the befogging SL was on top compared to WI. I didn't bet on this match but just enjoyed the game. |
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Buy low and sell high is the first rule of trading.
But you can buy high and sell higher, or sell low and buy lower also.
By selling highest you get the advantage of selling with a profit even when you have bought also high. By buying real low, you get the profit of not having to sell at a certain margin. You can wait till profit goes really really high.
Lets say a genie gave you the ability either to sell at the daily maximum or to buy at the daily minimum. What will you choose?
I don't think in this world any one can predict the low or high prices of either share prices or currency prices so it is better to buy in small quantities when ever you feel prices are ok for you and sell it when you get some profits but if you try to do a day trading then it is purely based on luck so either you may or may not make profit. But many day traders has lost all their money. |
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think that most of them are scared
that why they dump coin
they all rushed to buy and then try to sold on first dumping
It is not that most of the people who has sold are scared but they may be a smart people because who ever sold coins when prices are near 500$ now they can buy at cheaper price. That's why they can make more profit then people who just buy and keep coins for price appreciation. I also sold around 1 BTC about 470$. |
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Gold prices currently going down because of two main reasons. First thing USD becoming more stronger and when ever USD appreciates then gold will fall down. Another main reason is demand has gone down for gold from the worlds most consumable countries like India and Chain. All these factors are temporary once growth picks up then surely gold prices will go up but in short term gold may come down some more.
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bitgold is also available
What is the use of using bitgold? The prices are same as market price then you can directly buy from market because there are many complains about this bitgold company that they are sending your withdrawals on time instead some times they may even suspend your accounts. So I suggest if your planning for long term investment then buy gold directly and save it safely where you can access easily and always. |
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I think you should know in this forum only very reputed people get a loans without any collateral and every one else must provide a proper collateral for either small or big loan request.
what you can provide as a collateral? also your password has reset recently so you must tell about your collateral get this loan.
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Properties are good investment, its a hedge against inflation and you save rent too.
After some time, you can sell your properties as well and gain more than half of it especially if its located in the business area.
That is a good idea but to sell house one must buy another house to stay so if any one have only one house then they can save rents but can't sell because again either they need to stay in rental or need to buy another house. If one staying in very good area and ready to move out of the city then they can make a profit from selling house which is located in high price area and go out from the city area. |
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Probably, here you can buy about 20 apartments with that money.
Where do you live? In America that will barely buy you a single house, and only half of one in an expensive area like San Francisco. Yes it actually depends on the place people live like in Singapore hardly one good house people can by with that money. But any way it is a good idea of renting out houses for continuous earnings every month but surely one need a huge investments on this idea to implement. Try to find a ways to increase your earnings to become rich. |
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I actually think it's a good sign if we return to normal BTC volumes that we would regularly see but maintain this price level of around $380-390. Keeping a stable price level around this area with a normal volume would be a good sign that this price level is here to stay in my opinion - it's been relatively stable the past couple days.
It gives more confidence isnt it. Merchants and shoppers like stable prices, instead of huge volatility. I would also like it bitcoin would have a stable growth, but only after it reaches more than 10,000$  Perhaps.  I do think that if we do drop down to a lower volume but maintain this price level we can be sure that it has stabilised for now and is unlikely to drop back down to the $200s, so I'm actually quite looking forward to the volume dropping more as long as the price remains the same! It has so far  If price stays at this level for long time may another few weeks then most likely prices will not go back to 200+ range. But without stabilizing at this level again prices move up then more likely prices will fall back because their is no strong foundation for prices to go up so much at shot. But last few days prices around 380 range not going either down or up from that level. |
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Gold, it's clearly more valuable to the masses. Bitcoin has yet to prove its long term financial stability and therefore we all know that Gold is the better option. Admittedly you can't gamble with Gold, so 90% of this site will never pick gold for that reason  Yes that is true. Gold is surely good for long term investments and its prices are quite stable and moves very slowly. Bitcoin is good for short term profits like few months to year you can make either more profits or you may lose your money also because bitcoins prices move in both direction very fast. I chose both of them to take advantages. |
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What a massive victory for Indian team won this test match by 108 runs South Africa all out on 109 runs that was too easy for Indian team as expected and happy to make some profit by betting on it.
Finally indian team got a pitch which they were waiting for long time to take a revenge against travelers SA. This is the strength of sub continent teams so they should use this kind of pitches when outsiders visit here because they also will do same when these team visit their they will come up with pitches with supports fast bowlers. Any way it was a very good start for indian team. Yes that is true Indian team succeed to take South African team into this trap where they totally failed to perform and let Indian team to make it one sided match with spinners magical show. That is historical performance of Indian team to defend this low total 217 runs and won by 108runs that is great spin bowling performance on this slow track so now South African have to learn how to play on this kind of pitches. That is true because indian cricket management comes up with complete spin pitch and lucky India won the toss and batted first. Any way finally Indian team started this series with good note and they can play next test with some good confidence. They shouldn't allow SA to with this test series. |
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India has scored 170 runs and lost seven wickets, they are not in a good position. One big partnership of 70-80 runs required, only then india will go beyond 250 runs or else they will not even touch 200 marks. Good start for South Africa, first two sessions are clearly dominated by SA.
Not only first two session.SA has dominated the whole tour.India is now a crap team. Stuart is out.I don't think England have a chance now. That is very true. Now it looks India become a worst team in the world. They can't win in home grounds then forget about outside the India. It looks like they need to restructure complete team including team management. This is worst performance ever seen by any Indian team so for in home grounds. It is big shame for indian cricket fans. |
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As topic said, anyone can suggest me way to convert BitGold Currency to Bitcoin?
I think couple of guys buying on this forum your bitgold and they will give you bitcoins but their prices are quite less around 50% or less. If you want to get a good rate then you need to withdraw to your bank account then you can buy bitcoins from your fiat currency. Now gold is down trend and bitcoin is up trend. |
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I think it's gold!
Gold is good option but for now I think we need to wait for some time reason chian demand has decreased and US thinking to increase the interest rates so all these thinks will impact on gold prices for short term so if you want to buy gold then you should buy in small quantities for next few months time. But for long term gold is always an good alternative option. |
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I guess i was right, this is just a temporary crash, the price on preev is back on 430 while xapo touches 434 Should be back at 450 soon if no more dump happening Yes even though price is back to around 440 range but I still feel there will be some more correction because this bull run is without any proper reason. Also now we are almost 100% jump from last month price. I don't think this prices will survive in this range for long time but if the price stabilize at this level for next few days or a week then this is real run up. |
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India Vs South Africa : First test between India and South Africa will starts tomorrow, as per the latest report the pitch has been made to help the spinners which is the huge advantage for India. India will include Ashwin, Amit Mishra and Ravindra Jadeja to their playing elevan to dominate the match. It seems that this match will be very interesting.
in every match it is the same report of spinners advantage for india, now south africa are very familiar and good in batting against spinners and even southafrica team has a good spinners . so the match will be interesting to see and that too it is test match , so lot of twist and turns we can see in this coming 5 days. Mohali wicket mostly batsmen friendly noth teams have some good spinners now time for Indian batsmen they need to do some good job for team if they want to win this match I agree with @aakashsangwan that now South Africa is now playing good against spinners As for now Indian team confidence level is down so they must do some thing in this first test to win the match and get back the confidence again. If they lose this match then surely they will lose this test test series also the SA will create a history by will all series in this trip. I hope Indian players will do some better job in this test series. A big series for both teams. SA rightly earned the reputation of being good tourists and will be eager to sustain that run. But the indian team management has already hinted at wanting surfaces that should blunt SA's pace attack and India have already lost the T20 as well as the ODI series. This test series will be big challenge for indian players then SA. |
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