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Author Topic: The Real Reason to Hold Gold And Bitcoin  (Read 674463 times)
Vikingr
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May 07, 2017, 07:46:08 PM
 #201

gold is rare in your earth but some imaginary thoughts will be like we find a planet made up of gold anyway bitcoin is being found daily by miners and gold Is being mined by at extremely low rate than bitcoin. bitcoin has surpassed gold's price scale and now its at double higher that gold which makes it more harder to buy and a high risk of being crash, as with gold we are not actually being worried about any crash

Both Gold and bitcoin have their own advantages and strength and that is why their price is increasing. But if we compared the value of gold to bitcoin , bitcoins value is rising faster than gold due to the limited supply and the fast increase rate of the number of users. While gold has more supply and that is why the increase in value is not so fast but rather it is stable. But holding both bitcoin and gold is the best investment that we can do today.
yes that is right we cannot deny the importance of both bitcoin and Gold, i think both play important role in our live. Gold is good for saving as the price of Gold remain as stable while the price of bitcoin is changing from time to time therefore bitcoin is very good for investment, where you can really make good profit.
For me gold is only for ornament and jewelry nowadays and the traders are not earning much money nowadays while with holding the bitcoin for longer time make sense to make some profit in the future. Bitcoin is already proven as a best source of profit through the rise of its value.
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May 07, 2017, 11:13:00 PM
 #202

gold is rare in your earth but some imaginary thoughts will be like we find a planet made up of gold anyway bitcoin is being found daily by miners and gold Is being mined by at extremely low rate than bitcoin. bitcoin has surpassed gold's price scale and now its at double higher that gold which makes it more harder to buy and a high risk of being crash, as with gold we are not actually being worried about any crash

Both Gold and bitcoin have their own advantages and strength and that is why their price is increasing. But if we compared the value of gold to bitcoin , bitcoins value is rising faster than gold due to the limited supply and the fast increase rate of the number of users. While gold has more supply and that is why the increase in value is not so fast but rather it is stable. But holding both bitcoin and gold is the best investment that we can do today.
yes that is right we cannot deny the importance of both bitcoin and Gold, i think both play important role in our live. Gold is good for saving as the price of Gold remain as stable while the price of bitcoin is changing from time to time therefore bitcoin is very good for investment, where you can really make good profit.
For me gold is only for ornament and jewelry nowadays and the traders are not earning much money nowadays while with holding the bitcoin for longer time make sense to make some profit in the future. Bitcoin is already proven as a best source of profit through the rise of its value.
thes jewlery have the value which make them more precious otherwise they are just metals and elements just like iron and silver but they are in scare so people give more importance to it and thus the price start increasing.
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May 07, 2017, 11:39:21 PM
 #203

I think they are both good to invest with and good to hold for a long time,
Both have a good potential to increase in time being.
Agree I think gold and bitcoin is good investment and you can hold for a longtime. Each other have benefits like bitcoin the price is continously to increase and you can earn money in short time or maybe months and year. But bitcoin is risky because the price is dump and pump. While the gold the price is stable and monthly increase the price but little only but if you want to safe investment choose gold. Each other have advanatages and disadvantages.
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May 08, 2017, 03:19:37 AM
 #204

I think they are both good to invest with and good to hold for a long time,
Both have a good potential to increase in time being.
Agree I think gold and bitcoin is good investment and you can hold for a longtime. Each other have benefits like bitcoin the price is continously to increase and you can earn money in short time or maybe months and year. But bitcoin is risky because the price is dump and pump. While the gold the price is stable and monthly increase the price but little only but if you want to safe investment choose gold. Each other have advanatages and disadvantages.
Yes both of them have a advantages and disadvantages in terms of investment but i think they are both good because they are like balancing the kind of investment that we want, one for short term investment which can give us profit in a short time and that is bitcoin and also long term investment which can give us good profit in the long run and that is gold. I like to have these both so i can balanced my investment.
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May 08, 2017, 03:23:57 AM
 #205

I think they are both good to invest with and good to hold for a long time,
Both have a good potential to increase in time being.
Both have good potential to grow on time being, at the same growth of bitcoin and gold will never be the same. By the year starting invested around $900 into gold. If I have made the same into bitcoin right now itself I have profited the same what I get after years from gold.

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May 08, 2017, 04:55:58 AM
 #206

I think they are both good to invest with and good to hold for a long time,
Both have a good potential to increase in time being.
Agree I think gold and bitcoin is good investment and you can hold for a longtime. Each other have benefits like bitcoin the price is continously to increase and you can earn money in short time or maybe months and year. But bitcoin is risky because the price is dump and pump. While the gold the price is stable and monthly increase the price but little only but if you want to safe investment choose gold. Each other have advanatages and disadvantages.
Yes both of them have a advantages and disadvantages in terms of investment but i think they are both good because they are like balancing the kind of investment that we want, one for short term investment which can give us profit in a short time and that is bitcoin and also long term investment which can give us good profit in the long run and that is gold. I like to have these both so i can balanced my investment.
i do not think that there is any disadvantage of bitcoin. if you consider the lost in bitcoin as disadvantage so gain and lost is the part of every  trading and investment, but we cannot consider it as the disadvantage to bitcoin. i think those people who know the importance of bitcoin they will always try to invest their assets in bitcoin. because bitcoin can really give them good profit in a very very shot period of time.
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May 08, 2017, 06:04:32 AM
 #207

The real reason surely is both is mutually beneficial, gold we can use because everyone likes and we can rent to everyone, whereas the bitcoin is the rising profit.



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May 08, 2017, 07:12:51 AM
 #208

The real reason surely is both is mutually beneficial, gold we can use because everyone likes and we can rent to everyone, whereas the bitcoin is the rising profit.
Holding will give us profit depending on how much we can invest, but for now I am more very focus with holding
bitcoin because it can give me good value in the future and this year alone gives us an awesome increase of value.

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May 08, 2017, 08:47:45 AM
 #209

The real reason to hold gold and bitcoin is for the coming future. Future is so important to each people. Saving money is one of the most important thing we do for us to be ready for the future. Investing is also good to increase bitcoin or money.
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May 08, 2017, 10:13:43 AM
 #210

The real reason to hold gold and bitcoin is for the coming future. Future is so important to each people. Saving money is one of the most important thing we do for us to be ready for the future. Investing is also good to increase bitcoin or money.

Bitcoin has limited suppy. One day it will spread out, and that means the price will be close to stable and projecting to have fantastic value in the future. And gold is the investment instrument of every country's mainstays and forward-thinking people since the past.
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May 29, 2017, 07:29:38 PM
 #211


Holding bitcoin too long can be risky as we cannot have the same level of confidence that we can have by holding gold as gold exist since long time and in long run its price will be surely go higher but the price of bitcoin can even crash in coming years.

Silver is an even better money than gold, arguably.  In the 1860s and 70s the British elites got most major economies to use the gold standard alone, and to 'demonetize' silver.  (This caused a lot of pain in the US, BTW, but the British got their way.)  The reason was that the Bank of England happened to have gold but not silver, and the needs of the global empire (which was British at the time) trumps everything else.

So, over the last 150 years silver has been in the shadow of gold.  It might eventually do well, but many lifetimes have passed with silver down and out.

What if something like that happens this time?  What if the global elites decide to abandon both gold and silver but promote Bitcoin?  (There are good reasons for them to do that, BTW.)

Buying Bitcoin in addition to gold is thus good insurance policy, especially when the price of Bitcoin is still a tiny fraction of gold, for the same proportion of total supply.

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May 29, 2017, 10:00:32 PM
 #212


Holding bitcoin too long can be risky as we cannot have the same level of confidence that we can have by holding gold as gold exist since long time and in long run its price will be surely go higher but the price of bitcoin can even crash in coming years.

Silver is an even better money than gold, arguably.  In the 1860s and 70s the British elites got most major economies to use the gold standard alone, and to 'demonetize' silver.  (This caused a lot of pain in the US, BTW, but the British got their way.)  The reason was that the Bank of England happened to have gold but not silver, and the needs of the global empire (which was British at the time) trumps everything else.

So, over the last 150 years silver has been in the shadow of gold.  It might eventually do well, but many lifetimes have passed with silver down and out.

What if something like that happens this time?  What if the global elites decide to abandon both gold and silver but promote Bitcoin?  (There are good reasons for them to do that, BTW.)

Buying Bitcoin in addition to gold is thus good insurance policy, especially when the price of Bitcoin is still a tiny fraction of gold, for the same proportion of total supply.

I agree, and it is always good to diversify our investment.  We should not rely in a single investment because if that investment crashed, there goes all our money.  So investing both in gold, silver, and other stocks plus bitcoin is better than just investing in Bitcoin or in gold alone.
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May 30, 2017, 04:27:59 AM
 #213

The real reason is that they have limited supply, and people want them. (people may not want bitcoin in the future btw) People always want gold and they want to gather as much as possible in their lifetime. It is the only solid asset which holds its true value through the centuries.
But you are omitting the reason why they want them, gold was and is wanted because gold was the perfect form of money, gold does not corrode, it is durable, and when it is put in the form of coins, then gold is fungible and it is a medium of exchange, bitcoin is wanted because bitcoin is even better than gold at fulfilling the role of money and as long as that is true bitcoin is going to be wanted.
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May 30, 2017, 04:38:40 AM
 #214

gold is rare in your earth but some imaginary thoughts will be like we find a planet made up of gold anyway bitcoin is being found daily by miners and gold Is being mined by at extremely low rate than bitcoin. bitcoin has surpassed gold's price scale and now its at double higher that gold which makes it more harder to buy and a high risk of being crash, as with gold we are not actually being worried about any crash

Both Gold and bitcoin have their own advantages and strength and that is why their price is increasing. But if we compared the value of gold to bitcoin , bitcoins value is rising faster than gold due to the limited supply and the fast increase rate of the number of users. While gold has more supply and that is why the increase in value is not so fast but rather it is stable. But holding both bitcoin and gold is the best investment that we can do today.
yes that is right we cannot deny the importance of both bitcoin and Gold, i think both play important role in our live. Gold is good for saving as the price of Gold remain as stable while the price of bitcoin is changing from time to time therefore bitcoin is very good for investment, where you can really make good profit.
For me gold is only for ornament and jewelry nowadays and the traders are not earning much money nowadays while with holding the bitcoin for longer time make sense to make some profit in the future. Bitcoin is already proven as a best source of profit through the rise of its value.
I could agree, But the gold will be worth to be your stable investment. It's not comparable with bitcoin itself.
That's why there are the gold craftsmen.They take the beautiful value of gold and make ornament or jewelery to make the price increases. Bitcoin already had his valuable advantage.

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May 30, 2017, 09:30:01 AM
 #215

This gold and bitcoin are the two forces in the economic hull, so the gold or bitcoin is just as good, but in its degree, bitcoin still dominates above, considering its value that can reach twice that of gold

 
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May 30, 2017, 09:39:26 AM
 #216

Well, even if there are certain advantages of holding gold, I would still prefer to hold bitcoins. I look at it as a payment option, however, since it is still in a beta stage, there is a huge opportunity for the bitcoin to grow in terms of not only the price but also user base. Considering the crucial factors like flexibility, growth performance and future scope, I put my weight in favor of the bitcoin.
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May 30, 2017, 10:03:52 AM
 #217

This gold and bitcoin are the two forces in the economic hull, so the gold or bitcoin is just as good, but in its degree, bitcoin still dominates above, considering its value that can reach twice that of gold
Yes the value of bitcoin will be much larger than gold in the future, can be double, triple or multiple times, this is a sure thing to happen. However, investing in Bitcoin also has certain risks, so we can not say it dominates more than gold. Gold or bitcoin have different advantages and disadvantages, we should not compare with each other and say which is better. Most of the main reason we keep gold and bitcoin is because potential value and profit can bring in the future.

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June 02, 2017, 08:11:17 AM
 #218

This gold and bitcoin are the two forces in the economic hull, so the gold or bitcoin is just as good, but in its degree, bitcoin still dominates above, considering its value that can reach twice that of gold
Yes the value of bitcoin will be much larger than gold in the future, can be double, triple or multiple times, this is a sure thing to happen. However, investing in Bitcoin also has certain risks, so we can not say it dominates more than gold. Gold or bitcoin have different advantages and disadvantages, we should not compare with each other and say which is better. Most of the main reason we keep gold and bitcoin is because potential value and profit can bring in the future.

Both are now equally good for keeping and investing. But for investment i will prefer more bitcoin, cuz in this you can gain much especially if we see last month who bought on 1400 got 2500 at the end nice investment. But both are good for keeping and storing the as much as possible for future, it can be possible that they will main in paying.



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June 02, 2017, 08:16:11 AM
 #219

This gold and bitcoin are the two forces in the economic hull, so the gold or bitcoin is just as good, but in its degree, bitcoin still dominates above, considering its value that can reach twice that of gold
Yes the value of bitcoin will be much larger than gold in the future, can be double, triple or multiple times, this is a sure thing to happen. However, investing in Bitcoin also has certain risks, so we can not say it dominates more than gold. Gold or bitcoin have different advantages and disadvantages, we should not compare with each other and say which is better. Most of the main reason we keep gold and bitcoin is because potential value and profit can bring in the future.

Both are now equally good for keeping and investing. But for investment i will prefer more bitcoin, cuz in this you can gain much especially if we see last month who bought on 1400 got 2500 at the end nice investment. But both are good for keeping and storing the as much as possible for future, it can be possible that they will main in paying.

I have around 20% in gold, 5% in fiats to cover daily expenses and rent, and the rest is a long term bet in silver and bitcoin. In my opinion silver is much better than gold as it is more divisible, more affordable and it has a lot more supporters than gold even though it has been seen as the little brother of gold for a long time.

Bitcoin is just self explanatory. I don't think I need to elaborate on why bitcoin is a good long term wager at all. It's basically an online precious metal that can build a trust and legacy more than any precious metal.
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June 02, 2017, 08:21:34 AM
 #220

This gold and bitcoin are the two forces in the economic hull, so the gold or bitcoin is just as good, but in its degree, bitcoin still dominates above, considering its value that can reach twice that of gold
Yes the value of bitcoin will be much larger than gold in the future, can be double, triple or multiple times, this is a sure thing to happen. However, investing in Bitcoin also has certain risks, so we can not say it dominates more than gold. Gold or bitcoin have different advantages and disadvantages, we should not compare with each other and say which is better. Most of the main reason we keep gold and bitcoin is because potential value and profit can bring in the future.

Both are now equally good for keeping and investing. But for investment i will prefer more bitcoin, cuz in this you can gain much especially if we see last month who bought on 1400 got 2500 at the end nice investment. But both are good for keeping and storing the as much as possible for future, it can be possible that they will main in paying.

I have around 20% in gold, 5% in fiats to cover daily expenses and rent, and the rest is a long term bet in silver and bitcoin. In my opinion silver is much better than gold as it is more divisible, more affordable and it has a lot more supporters than gold even though it has been seen as the little brother of gold for a long time.

Bitcoin is just self explanatory. I don't think I need to elaborate on why bitcoin is a good long term wager at all. It's basically an online precious metal that can build a trust and legacy more than any precious metal.

Same with me. Although the part with silver I do not have.
Gold is so cool in the eye and many loves to invest in it. Going with its flow secures my future specially when money is needed.
I only invested in physical gold and bitcoin it is almost the same for me. The difference is just the other one is online which makes it harder for others to believe because they are not holding something.

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