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Author Topic: The Real Reason to Hold Gold And Bitcoin  (Read 674463 times)
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June 02, 2017, 08:41:05 AM
 #221

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.

I agree with you on silver but not because of more supporters but because it has a much wider industrial use supporting current prices than gold has. I think golds value is almost entirely speculative whereas silver is almost entirely supported even at current prices by its industrial use. I hold some gold but mostly silver also.

Similarly with bitcoin I find it has a speculative value whereas many altcoins have real world uses so I think of the alts like I do silver, they are supported by their real use cases whereas bitcoin is a speculative asset like gold. That's not to say I'm bear on bitcoin or gold just that I believe it has less economics supporting it than many altcoins do.

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June 02, 2017, 09:56:55 AM
 #222

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.

I agree with you on silver but not because of more supporters but because it has a much wider industrial use supporting current prices than gold has. I think golds value is almost entirely speculative whereas silver is almost entirely supported even at current prices by its industrial use. I hold some gold but mostly silver also.

Similarly with bitcoin I find it has a speculative value whereas many altcoins have real world uses so I think of the alts like I do silver, they are supported by their real use cases whereas bitcoin is a speculative asset like gold. That's not to say I'm bear on bitcoin or gold just that I believe it has less economics supporting it than many altcoins do.


True on let call all "silver" (I mean on silver and altcoins). It can be good trade for buying now and silver is wider used then gold like mentioned. Also there is prediction that gold might have increase in price for 15% for this year, also it may be that gold is trying to gain bitcoin value cuz last year gold was valued more then bitcoin. So silver values will try to follow then in price range if "gold" (gold and bitcoin) increase silver will increase to.



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June 02, 2017, 11:00:54 AM
 #223

Gold and bitcoin are as good as invested

The difference
Bitcoin invests at high risk
Gold invests a safe and stable value.

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June 04, 2017, 01:56:02 AM
 #224

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.
I think other reason the price of gold has not gone up is simply because the market cap of gold is enormous so it is very difficult for the price to move, while in comparison the market cap of bitcoin is still very small compared to the market cap of gold, this is why we must hold our bitcoin, if bitcoin ever reaches even the 1% of the gold market cap I think bitcoin will have a value of 50k.
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June 04, 2017, 02:42:46 AM
 #225

I think gold and bitcoin have a good function as investment, but it seems that bitcoin development is faster, while gold is experiencing slow price fluctuations in the market.
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June 04, 2017, 07:32:01 AM
 #226

Reason to hold bitcoin is limited supply, impossible to duplicate or counterfeit, can be transacted worldwide, transaction is irreversible meaning that once bitcoin is given to someone else's hand transaction can not be canceled also can be exchanged and traded with various currencies in the world. And my reason to hold gold is can be changed shape without affecting its value. Advantage or plus value of gold investment is gold that can be changed shape without affecting its value. So the gold you have and then changed in the form of jewelry such as bracelets, earrings and rings will not change its value. So for women who invest gold will be more fun because you can also come up with a more stylish and interesting.
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June 04, 2017, 08:50:07 AM
 #227

I think gold and bitcoin have a good function as investment, but it seems that bitcoin development is faster, while gold is experiencing slow price fluctuations in the market.
that is why we should buy as many bitcoin as we can because in the future we will have a big chance to become a rich person because we buy bitcoin in the past. Bitcoin > gold. GOld is only for the saving purpose

None of the above
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June 04, 2017, 09:51:53 AM
 #228

I think gold and bitcoin have a good function as investment, but it seems that bitcoin development is faster, while gold is experiencing slow price fluctuations in the market.
that is why we should buy as many bitcoin as we can because in the future we will have a big chance to become a rich person because we buy bitcoin in the past. Bitcoin > gold. GOld is only for the saving purpose

Gold is a lot more steady when it comes to the price so at this time, with btc's aggressive price movement, anyone would think it better to invest on btc. I don't have anything against that though i think the value of gold shouldn't be undermined at any time. Its safe to say the least.

 
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June 04, 2017, 12:57:24 PM
 #229

I think gold and bitcoin have a good function as investment, but it seems that bitcoin development is faster, while gold is experiencing slow price fluctuations in the market.
that is why we should buy as many bitcoin as we can because in the future we will have a big chance to become a rich person because we buy bitcoin in the past. Bitcoin > gold. GOld is only for the saving purpose

Gold is a lot more steady when it comes to the price so at this time, with btc's aggressive price movement, anyone would think it better to invest on btc. I don't have anything against that though i think the value of gold shouldn't be undermined at any time. Its safe to say the least.
Gold is stable so I think investing and go all in in bitcoin is not a bad Idea because I think bitcoin price will go pump again as the time pass by because the bitcoin will be more popular as time pass by and by that many user will have an interaction with it and invest with it so the price of it will pump. 

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June 05, 2017, 03:19:01 AM
 #230

in my simple opinion, i want to hold gold is because gold still good to be an investment for me beside that gold have physical stuff and we can see directly, the price of gold is not changing in every time, people still using gold as the main investment. but for bitcoin, in what i am read, it shows that bitcoin is for long term and the price is always volatile, its different with gold, but gold and bitcoin is the best investment that we can do. but unfortunately, when we want to buy gold, i think gold have minimum weight that we should buy and its really expensive for ordinary people like me so i only have bitcoin for now.
agree with you sir maydna , bitcoin and gold is good investment . This two gives you profit. The gold the price is stable and evrymonth the price increase so if you invest millions of dollars in bitcoin you can earn more money . Gold is for longterm investment for me. Bitcoin price is very high so if you can buy bitcoin price and you sell it now your money become double or triple .

Gold and investment both indeed bitcoin same same profitable. the gold price also stable if any a little down but nicer made gold a long-term investment. compared with bitcoin if we are investing at a price now and want to sell it after a few months then you will be able to price so high that your money will be so berkali fold dollar. both are equally advantageous for you.
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June 05, 2017, 06:22:35 AM
 #231

Gold and bitcoin are as good as invested

The difference
Bitcoin invests at high risk
Gold invests a safe and stable value.

Bitcoin is never a high risk investment if you set the right parameters for it(i.e. Stop loss or SL) and it's also a high gaining investment than gold and some other commodities listed on the stock exchanges.
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June 05, 2017, 06:48:06 AM
 #232

Both are good sources of investment, bitcoin is still in its early stages and unstable but has the potential to grow bigger than gold.
All have their respective advantages that must be maintained, keep good gold for long-term investments, gold will always be valuable and will never be banned, investing in bitcoin gets more.
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June 05, 2017, 08:12:57 AM
 #233

Both Bitcoin and Gold have speculations but gold has an authority like world gold council to control its price but bitcoin is a decentralized currency and has no authority to control hence has more speculation in price when compared to gold.Bitcoin price increases or decreases directly in proportion to increase or decrease in demand for bitcoins.But holding bitcoin would yield more profits in even small span of time.

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June 05, 2017, 09:00:54 AM
 #234

My reason still hold bitcoin and gold:

Gold: traditional and proven as best investment, all people like and accept gold, can sell anytime, anywhere and anyone.

Bitcoin: The best and profitable investment, for short time can make profit more than 100%, long term can make profit more than 500%
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June 05, 2017, 05:02:46 PM
 #235

I dont like too much gold, but i do understand why people does hold gold and invest over it, bitcoin has becamed the online gold, and its potencial is huge, and we all know its value will keep raising due to halving, soo today you invest 2400 dollars into 5/10 years the bitcoin can be worthing 4000-10000 dollars, there isnt any other investment with such potencial.
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June 05, 2017, 05:11:30 PM
 #236

My reason still hold bitcoin and gold:

Gold: traditional and proven as best investment, all people like and accept gold, can sell anytime, anywhere and anyone.

Bitcoin: The best and profitable investment, for short time can make profit more than 100%, long term can make profit more than 500%
This strategy reminds me of the dice game. You can raise the bids, but at some point you have to lower and lose the minimum to wait to go a series of wins and can earn. Need to keep the gold and periodically to buy and sell bitcoins. Yes, you will not earn 100-500%, but you are guaranteed to get 10-30% and will always remain in the win.
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June 05, 2017, 07:57:23 PM
 #237

Real reasons to buy gold and Bitcoin is that these commodities never loose their value. There value keep on increasing day by day and your capital is completely safe. They offer growth with safety of capital.
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June 05, 2017, 08:10:54 PM
 #238

I think gold and bitcoin have a good function as investment, but it seems that bitcoin development is faster, while gold is experiencing slow price fluctuations in the market.
in fact gold is too much stable as compare to bitcoin. the price of bitcoin is changing from time to time and therefore there are more chances to make money from bitcoin investment, gold is good  but saving purposes, where you can put your money without any doubt and without any fear, because there are very little chances that the price of bitcoin will fell down any more.
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June 05, 2017, 08:38:43 PM
 #239

Real reasons to buy gold and Bitcoin is that these commodities never loose their value. There value keep on increasing day by day and your capital is completely safe. They offer growth with safety of capital.

Both have very good value and in the long run their price keeps on appreciating. And if you are a wise investor, you don't have to choose only one but instead you will take the time to invest to these two real things. Because it will bring you a nice profit after seeing the value of them pumped like there's no tomorrow.

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lionheart78
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June 05, 2017, 08:48:41 PM
 #240

Both have very good value and in the long run their price keeps on appreciating. And if you are a wise investor, you don't have to choose only one but instead you will take the time to invest to these two real things. Because it will bring you a nice profit after seeing the value of them pumped like there's no tomorrow.

I agree, both gold and bitcoin are known as very good in terms of store of value.  They even increase in time adding more value to your hodings.  This is one of the real reason why it is good to hold gold and especially bitcoin.  Aside from that, the market saturation level is still low for Bitcoin that can make its value to grow exponentially.

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Peach
BTC bitcoin
Buy and Sell
Bitcoin P2P
.
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