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paka
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November 14, 2015, 10:41:00 PM |
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Sometimes the dollar is strong, and obviously gold goes down. In the long term I believe though gold will always outperform the fiat scam.
it can also who investment in gold look bitcoin price increase and dump their gold and buy bitcoin. Yeah in long term Gold always win, but could someday there is a new material that exceeds the gold on earth.  gold always win? i dont think so, you know this year price gold decrease 30% an potential decrease more. i think bitcoin is still won as a good investment Good Investment? yeah, if you were the first to buy btc like $1-5 then its a good investment |
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futurebit640
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November 14, 2015, 11:56:00 PM |
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Sometimes the dollar is strong, and obviously gold goes down. In the long term I believe though gold will always outperform the fiat scam.
it can also who investment in gold look bitcoin price increase and dump their gold and buy bitcoin. Yeah in long term Gold always win, but could someday there is a new material that exceeds the gold on earth. gold always win? i dont think so, you know this year price gold decrease 30% an potential decrease more. i think bitcoin is still won as a good investment Are you sure what your talking? Bitcoin prices came down couple of years ago from 1000+ to until 200 level. Can you think of the situation of people who has brought these btc at that high price? Since last few weeks btc prices went up that doesn't mean that btc is good but one should think long term perspective. Gold has a solid reason to go down because of USD appreciation but surely gold will again go up once all those economy issues resolved. But btc price movement no reasons just traders are controlling the prices. |
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raaajlucky
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November 15, 2015, 02:18:07 AM |
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Sometimes the dollar is strong, and obviously gold goes down. In the long term I believe though gold will always outperform the fiat scam.
it can also who investment in gold look bitcoin price increase and dump their gold and buy bitcoin. Yeah in long term Gold always win, but could someday there is a new material that exceeds the gold on earth. gold always win? i dont think so, you know this year price gold decrease 30% an potential decrease more. i think bitcoin is still won as a good investment Are you sure what your talking? Bitcoin prices came down couple of years ago from 1000+ to until 200 level. Can you think of the situation of people who has brought these btc at that high price? Since last few weeks btc prices went up that doesn't mean that btc is good but one should think long term perspective. Gold has a solid reason to go down because of USD appreciation but surely gold will again go up once all those economy issues resolved. But btc price movement no reasons just traders are controlling the prices. Yes currently gold prices are going down because USD is going up and next month USA thinking to increase interest rate so currently gold prices are going down. |
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Amph
Legendary
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Activity: 3248
Merit: 1070
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November 15, 2015, 08:55:25 AM |
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Sometimes the dollar is strong, and obviously gold goes down. In the long term I believe though gold will always outperform the fiat scam.
it can also who investment in gold look bitcoin price increase and dump their gold and buy bitcoin. Yeah in long term Gold always win, but could someday there is a new material that exceeds the gold on earth. gold always win? i dont think so, you know this year price gold decrease 30% an potential decrease more. i think bitcoin is still won as a good investment Are you sure what your talking? Bitcoin prices came down couple of years ago from 1000+ to until 200 level. Can you think of the situation of people who has brought these btc at that high price? Since last few weeks btc prices went up that doesn't mean that btc is good but one should think long term perspective. Gold has a solid reason to go down because of USD appreciation but surely gold will again go up once all those economy issues resolved. But btc price movement no reasons just traders are controlling the prices. it was the same for gold back then, it was at 19xx? what about those people that bought gold at that price and now they have the shitty 1xxx value? lost 50% |
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Linuld
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November 15, 2015, 09:59:09 AM |
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Sometimes the dollar is strong, and obviously gold goes down. In the long term I believe though gold will always outperform the fiat scam.
it can also who investment in gold look bitcoin price increase and dump their gold and buy bitcoin. Yeah in long term Gold always win, but could someday there is a new material that exceeds the gold on earth. gold always win? i dont think so, you know this year price gold decrease 30% an potential decrease more. i think bitcoin is still won as a good investment Are you sure what your talking? Bitcoin prices came down couple of years ago from 1000+ to until 200 level. Can you think of the situation of people who has brought these btc at that high price? Since last few weeks btc prices went up that doesn't mean that btc is good but one should think long term perspective. Gold has a solid reason to go down because of USD appreciation but surely gold will again go up once all those economy issues resolved. But btc price movement no reasons just traders are controlling the prices. it was the same for gold back then, it was at 19xx? what about those people that bought gold at that price and now they have the shitty 1xxx value? lost 50% Could you please tell us in which year gold prices was 19xx? As for as I know the gold prices in 2012 was around 1500+ and now 1100 range due to USD appreciation and once the economy issue and USD price settle down then gold prices again will start going up. But BTC prices no one knows why it is moving up or down, do you know? So some what I'm convinced with futurebit640 explanation and I vote for gold higher than bitcoin for long term investments. |
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Amph
Legendary
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Activity: 3248
Merit: 1070
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November 15, 2015, 12:30:06 PM |
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Sometimes the dollar is strong, and obviously gold goes down. In the long term I believe though gold will always outperform the fiat scam.
it can also who investment in gold look bitcoin price increase and dump their gold and buy bitcoin. Yeah in long term Gold always win, but could someday there is a new material that exceeds the gold on earth. gold always win? i dont think so, you know this year price gold decrease 30% an potential decrease more. i think bitcoin is still won as a good investment Are you sure what your talking? Bitcoin prices came down couple of years ago from 1000+ to until 200 level. Can you think of the situation of people who has brought these btc at that high price? Since last few weeks btc prices went up that doesn't mean that btc is good but one should think long term perspective. Gold has a solid reason to go down because of USD appreciation but surely gold will again go up once all those economy issues resolved. But btc price movement no reasons just traders are controlling the prices. it was the same for gold back then, it was at 19xx? what about those people that bought gold at that price and now they have the shitty 1xxx value? lost 50% Could you please tell us in which year gold prices was 19xx? As for as I know the gold prices in 2012 was around 1500+ and now 1100 range due to USD appreciation and once the economy issue and USD price settle down then gold prices again will start going up. But BTC prices no one knows why it is moving up or down, do you know? So some what I'm convinced with futurebit640 explanation and I vote for gold higher than bitcoin for long term investments. all time chart  it was above 2k |
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faridkifly
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November 17, 2015, 09:28:14 AM |
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Why is gold price falling now, even when bitcoin price going up?
I want to know that.
unfortunately, until now I do not know what makes the price of gold up and down |
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raaajlucky
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November 17, 2015, 11:45:26 AM |
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Why is gold price falling now, even when bitcoin price going up?
I want to know that.
unfortunately, until now I do not know what makes the price of gold up and down In simple words Gold prices will go up when share market and global economy is down. Because it's a safe heaven during economical crisis |
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Lituation
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November 17, 2015, 01:12:31 PM |
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Where did you get that conclusion? Because gold is going up, not down. It's more than %20 up in last 365 days.
If you are short-term trader in gold, I'm afraid to say but you'll watch melting your initial investment.
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Xeelee
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November 17, 2015, 01:16:56 PM |
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Gold was under pressure because of intervention of the big banks and central banks.
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NXT-Wallet: NXT-UBDL-3XU4-NQBZ-FT33G
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gkv9
Legendary
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Activity: 1246
Merit: 1000
!!! RiSe aBovE ThE StoRm !!!
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November 17, 2015, 02:54:34 PM |
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Gold was under pressure because of intervention of the big banks and central banks.
But it will recover for sure once the demand increases... Here at my place, I see it increasing everytime we have some festival, and especially we see an increase in price of Gold during New Year... Gold ain't a bad investment, but not better than Bitcoins though...  |
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ultimatesky
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November 17, 2015, 03:19:10 PM
Last edit: November 27, 2015, 10:36:02 AM by ultimatesky |
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For something like Gold to keep raising in value, there has to be demand
And if there's demand it needs to be mined by gold miners
It takes a lot of work and effort to mine for gold, it's not as easy as it is in Minecraft
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shamati (OP)
Member
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Activity: 115
Merit: 10
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November 17, 2015, 08:16:18 PM |
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Gold again fall today.
Because of bitcoin? Whats happening guys?
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smith coins
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November 17, 2015, 08:21:13 PM |
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I think that the end of the year makes people to spend more than ever at the year.
Many holidays are in the end of the year and people may not be interested much in bitcoin.
And if the interest of people decreases then the price will basically stay or drop a bit.
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raaajlucky
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November 18, 2015, 03:19:41 AM |
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Gold again fall today.
Because of bitcoin? Whats happening guys?
Not because of bitcoin. It is because of USD appreciating by thinking FED will increase interest rates next month. Until that it will go down. |
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sukjaidee
Newbie
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Activity: 1
Merit: 0
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November 18, 2015, 04:51:19 AM |
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The number tell story
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Linuld
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November 18, 2015, 07:03:33 AM |
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Gold again fall today.
Because of bitcoin? Whats happening guys?
Not because of bitcoin. It is because of USD appreciating by thinking FED will increase interest rates next month. Until that it will go down. Yes that is very correct there is no link between bitcoin prices and gold prices. These two are completely different segments. Bitcoins prices depends only on demand and supply of btc but gold prices are linked to countries economy. As of now USD is appreciating almost every day so gold prices are going down. |
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zenitzz
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November 18, 2015, 07:10:07 AM |
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Because it is very speculative and is used by investors to dump short term money waiting for a turbulent market to calm down. When the market calms down, investors sell off gold to purchase stocks driving gold down. If the market stays calm for the long term, it is likely to drive gold further down as more investors pull money out.
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RealPhotoshoper
Legendary
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Activity: 1050
Merit: 1001
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November 18, 2015, 11:22:30 AM |
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some reason it that gold has breached key support levels as the dollar gained after Federal Reserve Chair Janet Yellen told Congress last week that the Fed is on course to raise interest rates if the US economy expands as expected.
A rise in US interest rates will attract investors to the dollar for higher returns, driving up its value.
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raaajlucky
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November 18, 2015, 02:34:16 PM |
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some reason it that gold has breached key support levels as the dollar gained after Federal Reserve Chair Janet Yellen told Congress last week that the Fed is on course to raise interest rates if the US economy expands as expected.
A rise in US interest rates will attract investors to the dollar for higher returns, driving up its value.
I think still gold price will go down further until next month end for sure. After FED decision then it may or may not go up. |
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