Bepesand
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September 20, 2016, 06:52:24 AM |
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Why is gold price falling now, even when bitcoin price going up?
I want to know that.
The gold is there are different types of low quality and so high quality. The gold market if suply is small the gold price is increase but if the suply is plenty now the gold price is going down. The bitcoin has nothing to do with the gold because they differ bitcoin is up and down the price increases if the price of bitcoin due to traders and miners . So if the price increases of bitcoin will not affect the gold even the price of bitcoin drop. Both gold and bitcoin are storage of value. But the bitcoin will rise fast as it is under constant development.
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ivan.daineko23
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October 01, 2016, 06:13:28 PM |
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Why is gold price falling now, even when bitcoin price going up?
I want to know that.
The gold is there are different types of low quality and so high quality. The gold market if suply is small the gold price is increase but if the suply is plenty now the gold price is going down. The bitcoin has nothing to do with the gold because they differ bitcoin is up and down the price increases if the price of bitcoin due to traders and miners . So if the price increases of bitcoin will not affect the gold even the price of bitcoin drop. Both gold and bitcoin are storage of value. But the bitcoin will rise fast as it is under constant development. I believe that the fall in gold prices is a temporary phenomenon. The vibrations that typically occur. A bitcoints more dynamic and more visible growth
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Dudeperfect
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October 02, 2016, 04:22:34 AM |
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The law of demand and supply says that ‘when demand increases the price also increases and when the demand falls, price decreases’ so there must be low demand for gold and since the price of gold is going down, it indicates that demand for gold is diminishing. We can safely assume that people are preferring other investment options for their investments which is a good sign for us because bitcoin is one of the next generation alternative investment.
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KingdomHearts
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October 02, 2016, 10:41:06 AM |
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i do not think that gold price going , gold price is very stable and gold increasing its price too much slow but sometime i think that gold is much more safer and i think that gold is not risky .
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saiha
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October 02, 2016, 11:31:05 AM |
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i do not think that gold price going , gold price is very stable and gold increasing its price too much slow but sometime i think that gold is much more safer and i think that gold is not risky .
Me too I don't believe that there is going to be a time that gold is going to price down. Because whatever is going to be the economic status of a country. Gold will remain to the top of the most precious stone in the world with high value, even there is going to have an inflation still their value remains. And not just remains but as long as there is gold and they are going to increase its value as the time goes by.
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Vires in Numeris
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Noctis Connor
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October 02, 2016, 01:29:51 PM |
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Why is gold price falling now, even when bitcoin price going up?
I want to know that.
Because people don't need gold anymore it almost done and mosto f people are in demand of bitcoin and then bitcoin price is increase because of the power of USD dollar where you will see the increasing of bitcoin range of 611 dollars and up.
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Bepesand
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October 16, 2016, 06:29:03 PM |
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Why is gold price falling now, even when bitcoin price going up?
I want to know that.
Because people don't need gold anymore it almost done and mosto f people are in demand of bitcoin and then bitcoin price is increase because of the power of USD dollar where you will see the increasing of bitcoin range of 611 dollars and up. I think the power of the US dollar has negative effect on the bitcoin price. There are inversely related.
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Bitcoinsummoner
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October 16, 2016, 06:44:01 PM |
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Why is gold price falling now, even when bitcoin price going up?
I want to know that.
Because people don't need gold anymore it almost done and mosto f people are in demand of bitcoin and then bitcoin price is increase because of the power of USD dollar where you will see the increasing of bitcoin range of 611 dollars and up. Or maybe this is not a good time for gold and i think they are saving more money to buy gold on december to gift for their love ones. Honestly we can not know why but it just my opinion..
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vero
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October 16, 2016, 07:13:34 PM |
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Why is gold price falling now, even when bitcoin price going up?
I want to know that.
Because people don't need gold anymore it almost done and mosto f people are in demand of bitcoin and then bitcoin price is increase because of the power of USD dollar where you will see the increasing of bitcoin range of 611 dollars and up. perhaps the gold investor's has switched to Bitcoin because after the price of gold began to fall in other sides the price of bitcoin rising.
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BitAlien16
Newbie
Offline
Activity: 40
Merit: 0
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October 16, 2016, 07:45:07 PM |
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Why is gold price falling now, even when bitcoin price going up?
I want to know that.
Because people don't need gold anymore it almost done and mosto f people are in demand of bitcoin and then bitcoin price is increase because of the power of USD dollar where you will see the increasing of bitcoin range of 611 dollars and up. perhaps the gold investor's has switched to Bitcoin because after the price of gold began to fall in other sides the price of bitcoin rising. And it seems to me that this is due to the general economic decline in many countries. People began to invest in something else. Demand fell, the price is also
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KingdomHearts
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October 16, 2016, 08:18:54 PM |
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i do not think that gold price going to down and we can say that gold price is too much stable and too much slow increasing its price and other side bitcoin increasing its price too much faster and its price depend on adoption .
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mindrust
Legendary
Offline
Activity: 3304
Merit: 2456
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October 16, 2016, 08:23:47 PM |
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If FED raises the rates, gold will go down a lot more. When it reaches 1000-1100$ buy gold with everything you have. You can't lose with this trade. You will be rich in 5 years at most. FIAT money soon will be no more.
If they don't raise rates, Gold will see 1400$ in a flash. You should buy gold from this price too. But don't go all in. Maybe %10.
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martinacar
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October 16, 2016, 09:10:53 PM |
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The price of gold has been quite stable the last time. Especially after brexit the price take a good increase. Which is logic offcourse since gold has been the favorite stable investment for traders in centuries and yes it probably will stay that way for centuries to come.
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calkob
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October 16, 2016, 09:21:29 PM |
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probably becuse the gold and silver markets are being manipulated by those with everything to lose, another reason why bitcoin is great.
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adi33
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October 17, 2016, 12:01:28 AM |
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I think the gold price is not down. the average gold price did not go down or stabilized. that was down the gold price will creep up again, although the price of gold rose. the increase was not significant
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serjent05
Legendary
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Activity: 2898
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October 17, 2016, 01:43:08 AM |
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I think the gold price is not down. the average gold price did not go down or stabilized. that was down the gold price will creep up again, although the price of gold rose. the increase was not significant
I agree that gold is starting to recover its price now, it was in an uptrend previous week ago though it wasnt significant despite of the increase in price several press predicts that gold will go down but gold held it grounds. And many are still predicting that gold will rise in value in the next weeks.
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Sithara007
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October 17, 2016, 10:47:52 AM |
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I have seen predictions by market experts, claiming that the gold price will reach $5,000 per oz. by 2020. They have given solid reasons to support their claim. Therefore, I believe that the current price decline is a temporary phenomenon.
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Bepesand
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November 20, 2016, 02:10:55 PM |
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I have seen predictions by market experts, claiming that the gold price will reach $5,000 per oz. by 2020. They have given solid reasons to support their claim. Therefore, I believe that the current price decline is a temporary phenomenon.
It is not possilble for the bitcoin to reach $5000 by by 2020. The inflation will not be that in the time frame.
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