umaOuma
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December 31, 2015, 01:23:26 PM |
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A little bit of both, just in case one chrashes. At current time, bitoin price fluctuates more, but gold can also drop or rise very hard in a short period.
both are the same to have fluctuations the difference is gold is more stable but I heard the price of gold will go decline, I would choose withstand bitcoin Both are not same because when gold's value goes down it doesn't go down with a huge margin and neither it increase with huge margin it's more stable when compared with Bitcoin but BTC can shoot up real quick and with huge margin just like how we doubled our value this year. But I appreciate your choice to withstand with BTC even I will do the same Yeah btc is more volatile as compared to gold or forex and if you want to make quick profits by trading then btc is the right choice, as the volatility rate of bitcoins is too high and it can give you great profits, so I would choose btc over gold.
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Slark
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Activity: 1862
Merit: 1004
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December 31, 2015, 01:31:02 PM |
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Bitcoin is not here to fight gold. Bitcoin is here to compete with FIAT. Actually Bitcoin and gold are very similar as many view bitcoin as digital gold.
But for now bitcoin reserves vs. gold reserves are like 0.01% to 100% which is understandable as gold is with us for thousands of years and bitcoin is not even 10 years old.
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Etoiliste
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Activity: 98
Merit: 10
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December 31, 2015, 01:38:26 PM |
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it's better to hold bitcoin then trade it again for gold then trade it again for bitcoin when prices are going up or down you just trade gold to bitcoin and bitcoin to gold
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NETFix
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December 31, 2015, 04:27:23 PM |
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Gold is a solid but barely profitable investment, The price of gold has been falling for a while now and I think allot of the investors don't prefer it like before.
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ivanst776
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Merit: 1003
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December 31, 2015, 04:34:25 PM |
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Does anyone have any idea how many people are using gold as a store of value vs btc? And how long do you think until we have the same user Base as holders of gold?
Holding gold is not the same as holding bitcoins because gold is physical and bitcoin is virtual, Even though they can be stored in hardware wallets which are physical not virtual, but bitcoin has a potential to grow faster than gold.
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wikenpp
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December 31, 2015, 04:42:28 PM |
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Today i prefer Gold over bitcoin. Simply because more people know the value of gold. It's way more stable and it's also a fashion item.
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OrangeII
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December 31, 2015, 04:55:23 PM |
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BTC seems better to be arrested than gold, as we all know the price of BTC may be increased rapidly in 2016, but I prefer both, if necessary
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ivanst776
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December 31, 2015, 05:36:29 PM |
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Today i prefer Gold over bitcoin. Simply because more people know the value of gold. It's way more stable and it's also a fashion item.
It is true that it is more stable and the value doesn't change very often. But bitcoin has a potential that its value can be increased pretty good within one day (by pumping)
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defaultking
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December 31, 2015, 05:37:19 PM |
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I'll always prefer to hold gold. Unless someone dumbs a bunch of radioactive material in your gold reserve, gold will always be of some value. No matter if the economy crashes and we all go back to the caveman days I think you'll always be able to find someone willing to sell you something for your gold.
Bitcoin could be here today and gone tomorrow. While I think bitcoin is a good part of my investment portfolio just like gold. I'd dump bitcoin overnight if I thought it was the right thing to do.
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lumeire
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Next-Gen Trade Racing Metaverse
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December 31, 2015, 06:36:57 PM |
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Bitcoin is not here to fight gold. Bitcoin is here to compete with FIAT. Actually Bitcoin and gold are very similar as many view bitcoin as digital gold.
But for now bitcoin reserves vs. gold reserves are like 0.01% to 100% which is understandable as gold is with us for thousands of years and bitcoin is not even 10 years old.
Good point. IMO bitcoin is not to be viewed as a store of value, i'd rather see it as a means to transfer value. We wouldn't want everyone to be bag-holding forever do we? It's not healthy.
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xuan87
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January 01, 2016, 02:53:47 PM |
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Holding gold for long term maybe is going to be better because gold's price is more stable than bitcoin, but if you like to invest and do trading holding bitcoin i think is a good idea
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smith coins
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January 01, 2016, 04:00:46 PM |
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Holding gold for long term maybe is going to be better because gold's price is more stable than bitcoin, but if you like to invest and do trading holding bitcoin i think is a good idea
If gold price does not change often then what do you like gold then! I prefer more bitcoin because it is a higher risk but it can be a higher profit (more than double sometimes)
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Amph
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January 01, 2016, 04:20:52 PM |
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Holding gold for long term maybe is going to be better because gold's price is more stable than bitcoin, but if you like to invest and do trading holding bitcoin i think is a good idea
holding gold for long term is not even that good, gold is only good to hold for something securing maybe your funds, if you don't want to put them udner your pillow bitcoin has a higher chance to grow in the future, so if you ant to hold something to increase your money for the future that should be bitcoin
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markj113
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January 01, 2016, 05:03:53 PM |
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Gold will never go to zero value. Bitcoin could.
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hawkins
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January 01, 2016, 05:13:43 PM |
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Today i prefer Gold over bitcoin. Simply because more people know the value of gold. It's way more stable and it's also a fashion item.
if the price of gold is more stable than bitcoin,, I also prefer to hold gold, why? it is because we can save money we have from emang, and if the price of gold continues to rise, then it will make us profit
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jayce
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jayceDESIGNS
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January 01, 2016, 05:43:40 PM |
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holding gold for long term is not even that good, gold is only good to hold for something securing maybe your funds, if you don't want to put them udner your pillow
The reason most people buy gold right now is because gold is stable and is a good way to safe money because people dont want their money to be getting reduced by the inflation. Even if you save your money under pillow, it will always be affected by the inflation rate but with gold its different
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stromma44
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January 02, 2016, 03:30:26 PM |
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holding gold for long term is not even that good, gold is only good to hold for something securing maybe your funds, if you don't want to put them udner your pillow
The reason most people buy gold right now is because gold is stable and is a good way to safe money because people dont want their money to be getting reduced by the inflation. Even if you save your money under pillow, it will always be affected by the inflation rate but with gold its different Yeah gold is great as a long term investment and would be more profitable as compared to bitcoins, but for short term bitcoin is far better then gold, so we need to invest our money in both the products as gold cannot give you quick profits like bitcoins, so diversifying the investment would be a right choice to make.
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praprata
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January 02, 2016, 06:32:14 PM |
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With the gold price going up steadily i prefer gold for now. Maybe the price of gold will go down but never this big as with bitcoin.
Gold is a lot more stable then bitcoin, and got my attention at the moment.
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makingwin1
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February 09, 2016, 05:42:03 PM |
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i suggest holding btc becouse its price will be bigger than gold
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Mr.grin
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Merit: 1000
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February 09, 2016, 07:00:44 PM |
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I actually prefer to hold bitcoin, because I believe bitcoin prices will rise and be very high this time, but it saves bitcoin is not cumbersome like storing gold
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