The Real Reason to Hold Gold And Bitcoin

[HasHe]

The real reason is to make huge returns and at the same time,the investment should also be secure.Gold has been the choice of millions over centuries.No other commodity could attract their attention.But for the first time in history,many gold investors have decided to invest in bitcoins.The main reason is that it has given very huge returns to its customers unlike gold which has given low returns compared to bitcoin.Also they feel comfortable in investing in bitcoins as they think that their investment is secure since they only have its private keys and no other could have access to it.

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[jualidbitmixer]

Gold was already ancient, while bitcoin is not. But I will still go for the bitcoin rather than Gold, because of the volatility,  and unique advantage
of bitcoin such as the features of it like security, decentralization, assets/investment and many more.

It does not matter if gold is an old system to try to keep inflation at check, the most important thing is that it works, however we know government have cheated that system for a very long time, this is not possible with bitcoin, since everyone will know if someone attempted to change the code to eliminate the 21 million bitcoins cap, and no one will allow it.

Bitcoin is known as crypto currency which is increasing day by day.like take an example of Gold too it is also decreasing and increasing day by day.so people are holding bitcoins and Gold for future consumption. But I will not go for to hold gold because the fluctuations in gold is very lower than the fluctuations in bitcoin. Bitcoin give me a higher profit if I do trade in bitcoin.

Both bitcoin and gold are good, the different is gold already known by all people around the world but bitcoin is not much popular like gold. But holding both bitcoin and gold are same good imo. Holding bitcoin nowdays will bring much profit, because the price of bitcoin is on top right now. In the other hand, holding gold is good for long term investment.

[Mikellev]

It seems, that developers have to present also some incredible solutions for investing. So,yes, to hold a btc it's wonderful, but it's needed to understand that it's a standart for 50 percents per year income, but... any other assets, I mean, that's been approved as non-hyip's, can also be additional investment. Let's get closer define, what is (here in btctalk) still profitable ?

[Sled]

It seems, that developers have to present also some incredible solutions for investing. So,yes, to hold a btc it's wonderful, but it's needed to understand that it's a standart for 50 percents per year income, but... any other assets, I mean, that's been approved as non-hyip's, can also be additional investment. Let's get closer define, what is (here in btctalk) still profitable ?

It is still a profitable investment to get at least 50 percent per year income from our capital and that is still a big return from your investment rather than having stocks or any asset that is related to that because as far as i know, stocks or any asset only gives about 10 percent per year which is the standard percentage but a lot of people grab it so it is very obvious which is the profitable to have, of course bitcoin.

[xypos]

Bitcoin and gold are the best investments in the modern world. You need to use both options to avoid losing money and making more profit.

well if you are thinking for a long term investment this two assets are the best to hold as the value will possible to keep rising and rising from time to time, there's some fluctuations and downfall but for sure the value will survive and its bring big fortune in returned.

The gold is the asset that is acquired by the rich people from ages it has a history and it is a symbol of wealth. The bitcoin on the other hand is very much young compare to the gold but is considered as a digital asset and I am sure a time will come when the bitcoin will be a wealth symbol.

Even though bitcoin is still younger compare to gold, it has more potential than gold because just look at its price then you can see a huge price pump in bitcoin while in gold it is just stable on its price and just getting a fewer gains rather than bitcoin which is not that satisfied for me. Bitcoin is more on a good asset to hold for long term while gold is just for rich to preserve their money.

It is obvious that bitcoin holds a lot more potential than gold, gold has been mined for thousands of years and people have thought about all the possible things that we could do with it, so there is not much that can be done with gold that has not been tried already, bitcoin is different, its potential it is still unknown many other services are being developed above bitcoin and we do not know how much the value of bitcoin could go up due to that.

I agree with you here completely.

Gold is probably still going to be considered one of the best store of values for decades/centuries to come. Maybe even millenniums. And through all these years, its value is going to be essentially not fluctuating at all - it'll pretty much remain constant.

With bitcoin though, i'd expect in a few decades time when it really gets picked up by the world as a true alternative to dollars and pounds, trade volume will explode and so will the price. BTC basically's got everything that gold's got, except even more convenient and divisible.

[Mikellev]

You should hold gold because it's is accepted worldwide and exists from years .
While Bitcoin if accepted in your country you should hold because it has the decentralised feature where no one controls it .
 

[logicgate]

Gold was already ancient, while bitcoin is not. But I will still go for the bitcoin rather than Gold, because of the volatility,  and unique advantage
of bitcoin such as the features of it like security, decentralization, assets/investment and many more.

It does not matter if gold is an old system to try to keep inflation at check, the most important thing is that it works, however we know government have cheated that system for a very long time, this is not possible with bitcoin, since everyone will know if someone attempted to change the code to eliminate the 21 million bitcoins cap, and no one will allow it.

Bitcoin is known as crypto currency which is increasing day by day.like take an example of Gold too it is also decreasing and increasing day by day.so people are holding bitcoins and Gold for future consumption. But I will not go for to hold gold because the fluctuations in gold is very lower than the fluctuations in bitcoin. Bitcoin give me a higher profit if I do trade in bitcoin.

Both bitcoin and gold are good, the different is gold already known by all people around the world but bitcoin is not much popular like gold. But holding both bitcoin and gold are same good imo. Holding bitcoin nowdays will bring much profit, because the price of bitcoin is on top right now. In the other hand, holding gold is good for long term investment.

I am agree with you that gold and bitcoin both are good and holding for the purpose of investment ,and gold investors are many as compare to bitcoin, but I like bitcoin for investment is very good and high profit , its popularity is not high much more than gold but actually I seen and noted that bitcoin going faster to popularity like gold. So I think investment in bitcoin is very good and hold for long time ,gold is also good but I like bitcoin .

[Cazkys]

There are many reason to hold gold and Bitcoins, but the very obvious is because of the amount. If the transition or conversion will be higher in the future, they likely to hold it and grow it for the mean time. They are just harvesting from mining or other ways to earn bitcoin and then they will exchange it when the dollar amount is higher. In reality, I should invest and hold Bitcoin because I already have it now.

[Bakemat]

There are many reason to hold gold and Bitcoins, but the very obvious is because of the amount. If the transition or conversion will be higher in the future, they likely to hold it and grow it for the mean time. They are just harvesting from mining or other ways to earn bitcoin and then they will exchange it when the dollar amount is higher. In reality, I should invest and hold Bitcoin because I already have it now.

I think it is much more practical to hold gold rather than bitcoin as gold's value doesn't diminish and no matter how the world's economy will go. GOld will always be gold. Bitcoin meanwhile experience highs and lows on its prices and it would always depende on the day, week and month on when you would be selling it. Bitcoin varies while gold is a little more constant.

[minizi99]

There are many reason to hold gold and Bitcoins, but the very obvious is because of the amount. If the transition or conversion will be higher in the future, they likely to hold it and grow it for the mean time. They are just harvesting from mining or other ways to earn bitcoin and then they will exchange it when the dollar amount is higher. In reality, I should invest and hold Bitcoin because I already have it now.

I think it is much more practical to hold gold rather than bitcoin as gold's value doesn't diminish and no matter how the world's economy will go. GOld will always be gold. Bitcoin meanwhile experience highs and lows on its prices and it would always depende on the day, week and month on when you would be selling it. Bitcoin varies while gold is a little more constant.

The price of bitcoin is unstable, but it slowly and confidently goes up. The price of gold varies very slowly and it is very difficult to make money on such investments. I would invest some of my assets in bitcoin to get a high return on it

[Sled]

There are many reason to hold gold and Bitcoins, but the very obvious is because of the amount. If the transition or conversion will be higher in the future, they likely to hold it and grow it for the mean time. They are just harvesting from mining or other ways to earn bitcoin and then they will exchange it when the dollar amount is higher. In reality, I should invest and hold Bitcoin because I already have it now.

I think it is much more practical to hold gold rather than bitcoin as gold's value doesn't diminish and no matter how the world's economy will go. GOld will always be gold. Bitcoin meanwhile experience highs and lows on its prices and it would always depende on the day, week and month on when you would be selling it. Bitcoin varies while gold is a little more constant.

The price of bitcoin is unstable, but it slowly and confidently goes up. The price of gold varies very slowly and it is very difficult to make money on such investments. I would invest some of my assets in bitcoin to get a high return on it

Yes, i would rather invest in bitcoin also than putting all my money in gold because i don't see any future in gold in long term because it is very slow in terms of movement of the price so i think it will get old but my investment will not grow well so if i will just buy bitcoin and hold it for long term then i will have a lot of money in the future because of the rapid growth of bitcoin.

[BobK71]

Well, FOFOA would say that money (in addition to its three main properties as Unit of Account, Store of Value and Mechanism of Payment) is a "shared thought" as to relative values of different things.

FIAT money, especially well-enforced, counts as "money" (in popular use), and is indeed POLITICAL.  So, "money" as I sort-of defined it above is a "concept"..., how much of that fiat a gallon of milk is worth in paper (or electronic) dollars.

And, yes, it's a GREAT SCHEME for the bankers who control money (in cahoots with .gov).

I like the Store of Value that gold (and silver, though I prefer Pt to Ag) have (and even Bitcoin though volatile and has other risks) have outside the FIAT system, which will likely fail at some point like almost every other -- although the UK Pound has a pretty good longevity so far.

Good to hear from you again.  Ultimately speaking, money is social capital (both money in general and any particular money.)

And social capital is built on trust.  It's socially beneficial, objectively, that people 'believe' in gold (or any other money) because indirect exchange through money is so much better than bartering.

IMO the abuse of trust comes in two basic types: qualitative and quantitative.  Qualitative abuse like cheating turns people off immediately, and so most people try not to do it.  Quantitative abuse 'cheats only a little' at a time, so people are more tolerant of it.

So the reasons the modern system survives (so far) are a combination of all of: it's only quantitative abuse of trust; state power legalizes and indeed supports the abuse; most voters are ignorant of it due to complicity by the media and the 'top' economists; the imperial system takes advantage of the fact that most populations can't vote, making it easy to work with the elites of those countries to support the imperial monetary system with the real value created by their people.

I probably don't have to call attention to the irony that most US military action to support the imperial system is 'to spread democracy!'

[Colt81]

Rarity is the real reason why to hold Gold.  And the deflationary feature why to hold Bitcoin.  Both of these feature gives each items an increasing value overtime.  This is enough reason to hold Bitcoin and gold specially to those who is not familiar with day trading.  This will serve as an investment that will give us profit in the long run.

Indeed. There are lot of reasons why people hold their bitcoin and gold. However, the main reasons is that there is a possibility that the price of bitcoin and gold will increase in the near future so that they could earn more profit when they sell their bitcoin and gold.Lastly,holding is one of the best strategy to make a good profit.

[OROBTC]

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BobK71

Abuse of trust is a way of looking at what our governments (and almost all others as well) that I have never thought about before.  Nice insight.

Any particular BLATANT abuse of trust (your "qualitative") that can be seen by almost everyone in its naked ugliness indeed will burn itself out pretty quickly, as people are cheated and word gets around.  Robbery, thumb-on-the-scale, writing bad checks to your friends, etc. would be examples for me.

Your "quantitative" abuse of trust is of more interest to me in this conversation.   Yep, inflation is perhaps the prime example, in that most times both governments and their Central Bankers both benefit quietly while most others pay the hidden "inflation tax".  Exchange rate manipulations, gold price manipulations and other similar tricks by TPTB also fall into this camp of trust abuse.  Manipulations of interest rates certainly count too (but that is a fiendishly difficult topic to write about for me), yet is largely ignored -- more quiet abuse.

I would also consider schemes to stop ObamaCare and stop the efforts to (presumably) positively change our bad tax system as other trust abuse.  Perhaps also including .gov (and MSM) crime cover-ups to be trust abuse too, subtle, but seems to fall into your "quantitative" category.  On the other hand these last two statements may reveal my own bias here...

[radjie]

Both are very promising to be used as an investment, but the price movement of gold is slower than bitcoin because the demand for bitcoin market prices often change compared to gold can even be calculated every minute while the price of the market is very slow as fast as bitcoin. But by holding gold and bitcoin for a long time it will become more precious that is most importantly patient until waiting for a high price increase.

[hurain]

Both are very promising to be used as an investment, but the price movement of gold is slower than bitcoin because the demand for bitcoin market prices often change compared to gold can even be calculated every minute while the price of the market is very slow as fast as bitcoin. But by holding gold and bitcoin for a long time it will become more precious that is most importantly patient until waiting for a high price increase.

with security reason, gold is no rally too much secure, as its price is very much stable. so those people who are welling to save their money they should save their money in form of gold. but those people who want some investment, they should invest their money in bitcoin, although investment in bitcoin is a little risky but you have good opportunity to make money from investing in bitcoin. you can make good profit form investing in bitcoin.

[wahb]

Both are very promising to be used as an investment, but the price movement of gold is slower than bitcoin because the demand for bitcoin market prices often change compared to gold can even be calculated every minute while the price of the market is very slow as fast as bitcoin. But by holding gold and bitcoin for a long time it will become more precious that is most importantly patient until waiting for a high price increase.

but I thnk we cannot hold gold in a big amount because there will be always the security problem, we will need to take care of the hold we have because it will be more easy for a person to steal the gold if you are keeping it in your home. because you cannot give full security to your house for all time, wile investment in bitcoin can be more secure and if you want to keep it for a long time even then your bitcoin will be more secure in your wallet, if you will not give the security key to anyone.

[batang_bitcoin]

Both are very promising to be used as an investment, but the price movement of gold is slower than bitcoin because the demand for bitcoin market prices often change compared to gold can even be calculated every minute while the price of the market is very slow as fast as bitcoin. But by holding gold and bitcoin for a long time it will become more precious that is most importantly patient until waiting for a high price increase.

but I thnk we cannot hold gold in a big amount because there will be always the security problem, we will need to take care of the hold we have because it will be more easy for a person to steal the gold if you are keeping it in your home. because you cannot give full security to your house for all time, wile investment in bitcoin can be more secure and if you want to keep it for a long time even then your bitcoin will be more secure in your wallet, if you will not give the security key to anyone.

Its hard to hide or store gold but you can hide it first by simply shutting your mouth. Dont tell others that you are into gold investment. Next is buy your own vault for the storage of your gold and dont put it on a place where it is expose or it is visible to the eyes of your visitors and other people in your house.

[uchiha]

Both are very profitable in terms of investing. Gold or bitcoin have the same good chance to get huge profit. Because bitcoin and gold are in great demand by all walks of life. Let alone bitcoin prices today is very high. Maybe all that bitcoin investing already feel it. And make a huge profit

[BobK71]

...
Your "quantitative" abuse of trust is of more interest to me in this conversation.   Yep, inflation is perhaps the prime example, in that most times both governments and their Central Bankers both benefit quietly while most others pay the hidden "inflation tax".  Exchange rate manipulations, gold price manipulations and other similar tricks by TPTB also fall into this camp of trust abuse.  Manipulations of interest rates certainly count too (but that is a fiendishly difficult topic to write about for me), yet is largely ignored -- more quiet abuse.
...

Yeah, that's pretty much true.  Although at this stage of the asset inflation cycle, inflation, while still a confiscation of wealth, is not enough to sustain the charade.  Almost no serious (mainstream or otherwise) commentator is saying we have enough growth and inflation to support the system on a long-term basis, since the 2008 crisis.

Rather, savers are content to lose a little to inflation but keep their wealth stashed in safety, rather than invest or spend enough.  This is running against the system's basic design, and asset values, prices, demand and (God forbid) employment are always threatening to implode.

So the elites can still play around the edges, but quantitative abuse of trust has basically run its course for this cycle.  'True salvation' at this point can only come from war or conflict.  We're waiting for a new Hitler-type problem to allow America to save the world, while getting by in our own 1930s.  For example, I have multiple credible sources for narratives like http://www.zerohedge.com/news/2017-06-27/how-america-armed-terrorists-syria

My thinking is that, from here on, the major developments will be political.