ilovefeetsmell
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July 21, 2017, 02:16:03 PM |
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I am holding some gold jewellery ,does that counts. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) to be frank i hold more gold in jewellery than i hold bitcoin, i have a diversed portfolio when it comes to crypto currency,the topic should be the reason to hold gold and crypto currency. ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) With everything said and done i do invest in all the alts just to convert it to bitcoin at a later time. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Is it safe to hold gold now? I think it is not safe of holding gold nowadays, you know why? because of the people around you. People now have the crab mentality, if they'd know that a person above their level, they will find ways to get them down. So, if I were you, I will shut my mouth on holding gold or even Bitcoin. You must trust no one, just yourself. If you are planning to invest all your money into alts, make it sure it's trusted and legit to avoid regrets in your life. It was a good idea, I'm planning it before but I changed my mind then I stick to earn money through campaigns then I will save it into my wallet.
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kpcian
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July 21, 2017, 02:44:44 PM |
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I think it is very clear that the investment purpose is the main reason to collect gold and Bitcoin. this two platform is considered as a safe and profitable sector for making more money, it can be considered also a future asset. it may be used in the emergency case. from my point of view that, an investment would be the first reason for gathering gold and Bitcoin.
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BobK71 (OP)
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July 23, 2017, 12:14:18 AM |
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Because gold is limited supply and durable but not easily transactable and highly divisible, bitcoin has all these features.
Gold, silver and Bitcoin are natural, non-state monies that satisfy all of those features. The question is, which one(s) the elites will promote.
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altgamerf4
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July 23, 2017, 09:21:27 AM |
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Gold has already been tested for years, an investment that causes many more confidence, but bitcoin is a new opportunity for quick earnings. I agree that you need to keep money in these areas.
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CarnagexD
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July 23, 2017, 11:05:06 AM |
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I think both are good investments. Both have huge whales, but so does everything else to be honest. At least with bitcoin whales have no control over total supply and it is fixed.
With gold... what if huge mines are found? or some asteroid once we have advanced technology? that makes me a bit worried for the long term.
I would also rather have people that just bought BTC cheaply because they liked the idea rather than some warlords that stacked tons of gold through centuries.
There are different reason for both variable on investing with it. Gold as a natural resources its stock in the world is as it is so its value changes as its stock have movement on the market and its value always depend on the karat of a specific gold or so what we called the value of called. And bitcoin as a counter part is a crypto-currency meaning to say that it is a web base currency which its stock have movement through transactions so meaning to say that the value of bitcoin and its development is continuous for it to have a good investment in the future.
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HardCrack
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July 23, 2017, 11:41:33 AM |
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theres a lot of reason to hold gold and bitcoin, in the past years the value of gold is very low and the times past so fast the value of gold increase it depends on the karat that you have it can be double or triple it depends on the value like bitcoin the value of bitcoin before is very low isnt it? and nowadays the value of bitcoin is increase so both of this can use for an investment.
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BobK71 (OP)
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July 26, 2017, 12:33:25 PM |
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Bottom line is, hold both physical gold and Bitcoin. Both have advantages and disadvantages, but the main reason to diversify is that we never know which one the elites will promote.
The advantage of both is that they are cheap compared to the price they will reach when the elites are forced to devalue state-issued currencies against them. And devaluation is inevitable in the long run, due to the incentives for members of the elites to destabilize their own money and finance.
The advantage of Bitcoin over gold is its much cheaper price, and the fact that it will be less embarrassing for the elites to promote Bitcoin than gold.
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warrior333
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July 26, 2017, 12:42:42 PM |
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To invest in gold is difficult because you are tied to the minimum size of the ingot. It is not less than one gram. Bitcoin allows you to buy any amount of coins and gradually accumulate. For this reason, investing in bitcoin is more attractive and thus its price is increasing faster.
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Farma
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July 26, 2017, 12:48:53 PM |
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To invest in gold is difficult because you are tied to the minimum size of the ingot. It is not less than one gram. Bitcoin allows you to buy any amount of coins and gradually accumulate. For this reason, investing in bitcoin is more attractive and thus its price is increasing faster.
The main reason in holding bitcoin and gold only at its price. Because the longer hold the bitcoin and gold, the price will rise. That's what a person who holds gold and bitcoin hold, especially if it is in a large amount.
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azguard
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July 27, 2017, 12:33:58 PM |
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To invest in gold is difficult because you are tied to the minimum size of the ingot. It is not less than one gram. Bitcoin allows you to buy any amount of coins and gradually accumulate. For this reason, investing in bitcoin is more attractive and thus its price is increasing faster.
The main reason in holding bitcoin and gold only at its price. Because the longer hold the bitcoin and gold, the price will rise. That's what a person who holds gold and bitcoin hold, especially if it is in a large amount. Technically yes. But now better investment is bitcoin, ho one didnt expect that it will suppress gold in price. My primary is bitcoin dont like gold at all i mean the yellow one at least (even my weeding ring in not from that yellow gold its from white one). Really this is only my opinion and every one has to have his own. For me i will stick to bitcoin.
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Ewinsane
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July 31, 2017, 04:09:48 AM |
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To invest in gold is difficult because you are tied to the minimum size of the ingot. It is not less than one gram. Bitcoin allows you to buy any amount of coins and gradually accumulate. For this reason, investing in bitcoin is more attractive and thus its price is increasing faster.
The main reason in holding bitcoin and gold only at its price. Because the longer hold the bitcoin and gold, the price will rise. That's what a person who holds gold and bitcoin hold, especially if it is in a large amount. Strongly agreed! That’s the main reason behind holding bitcoins and gold. But the rise in gold value is very slow and little as compared to bitcoins. I will personally suggest buying bitcoins for gold. Bitcoins can earn you more profit in shorter time than gold. It’s highly wise to hold bitcoins for longer time than wasting them in useless things.
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Pejoh Asu
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July 31, 2017, 09:27:59 AM |
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Because gold is limited supply and durable but not easily transactable and highly divisible, bitcoin has all these features.
Yes it is true, and gold has been used for thousands of years and its nature does not change, everyone likes gold, hearing the name of gold has made people know the latest price.
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fanbeila
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August 03, 2017, 11:27:59 AM |
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Both gold and bitcoin are hold as an investment to get good returns in future.Even though,gold has been used as an investment by people for centuries,still it has failed to give huge returns like bitcoin.Thats why more gold investors have started to save bitcoins instead of gold.Both investments are secure.
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Karmakid
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August 03, 2017, 11:57:44 AM |
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The world is run by the state-bank alliance. The top politicians and bankers jointly profit from inflating the values of money and debt with state power -- this system couldn't survive without either side. See Dissecting the Parasitocracy. The interesting thing is, if you buy and hold gold and Bitcoin for the long term, you can benefit. (Just make sure you don't buy when the global empire is rising, like the 1950s or early 1990s.) The reason is also due to the nature of the state-bank alliance. Note that, in this alliance, the top politicians contribute state power, while the top bankers contribute financial know-how. The politicians, being totally ignorant in this high-stakes and specialized game, are basically led around like children. They just go along because they benefit from issuing huge amounts of public debt without being punished by the 'markets.' So here's the problem with this alliance. When financial asset values collapse (and this day will come, due to the incentives faced by the elites) and everyday people suffer, the politicians will put all the blame on the bankers. The reasons are obvious (and there is no loyalty in that game,) and the politicians are going to win that argument. The biggest such events in history include the Spanish Inquisition and the Nazi Holocaust. In our day, politicians like Bernie Sanders and Elizabeth Warren have already gone after the bankers. Knowing that, the bankers and central bankers must prepare a last-ditch rescue for a worst-case scenario, when all trust in the system is gone. That rescue will be some non-state-issued asset, like gold, silver, and Bitcoin, that the elites can peg their money to (at a high price for the non-state asset,) stabilize their system, and ease the suffering. Even if the bankers think there's only a small chance for such an occurrence, it will be so devastating to the bankers that they must prepare for it. So, the elites will try to suppress non-state assets, but won't kill them, even when given a chance. In the long run, this presents something like a one-way bet for these assets, at current prices. Both of them are good investments, they have good value and it will still rise in the future. Gold is really valuable ever since, it's value is almost like bitcoin. It's really unpredictable. Who knows how much it will grow in the future. It's exciting to see their value 10 years from now.
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Cazkys
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August 04, 2017, 03:16:34 PM |
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I’m not an expert on what’s the real reason to hold onto bitcoin but I sure do have opinions about it. I think we should continue holding onto these as store values because of durability and popularity. Gold for durability because it has endured thousands of years as a currency and that is enough testament that will continue to endure more years and will not fail. It’s elemental, I know, and that is Gold’s number one disadvantage. It will run out faster than we can mine it but until then it will remain. Popularity for bitcoin because it is gaining massive following all over the world and will continue to do so these following months and years. Not only it is popular it also features everything modern tech can offer. It has better security and has anonymity to offer. Demand for bitcoin will go higher and so will its value.
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radjie
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August 04, 2017, 04:57:21 PM |
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Both are very good if used as an investment tool. If I had to choose from both I prefer investing in bitcoin, because bitcoin investment has a plus value plus this type of investment is practically modern because it uses computerized systems and internet networks in the form of virtual money.
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lukmandog
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August 04, 2017, 06:21:40 PM |
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Real reason invest in bitcoin beacause bitcoin more practical to use or sell, also bitcoin more volatile so i can make profit in trading shorter than gold.
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hangar18
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August 04, 2017, 06:48:55 PM |
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Both are very good if used as an investment tool. If I had to choose from both I prefer investing in bitcoin, because bitcoin investment has a plus value plus this type of investment is practically modern because it uses computerized systems and internet networks in the form of virtual money.
No, your define about bitcoin is wrong, Bitcoin not virtual money, you just can say it virtual value, but virtual money you will identified Bitcoin as other gems, credit, gold in Games. So, this is reason it have a name cryptocurrency ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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tar101
Newbie
Offline
Activity: 3
Merit: 0
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August 25, 2017, 07:10:07 PM |
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Actually, the real value backing the bitcoin is the same as one for a gold. Its a scarecity of it. If it would no difficulties to mine everywhere some amount of gold, its value would be equal regular sand... Only scarecity of asset makes its value
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dmamigo
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August 25, 2017, 07:32:27 PM |
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Both are very good if used as an investment tool. If I had to choose from both I prefer investing in bitcoin, because bitcoin investment has a plus value plus this type of investment is practically modern because it uses computerized systems and internet networks in the form of virtual money.
No, your define about bitcoin is wrong, Bitcoin not virtual money, you just can say it virtual value, but virtual money you will identified Bitcoin as other gems, credit, gold in Games. So, this is reason it have a name cryptocurrency ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Bitcoin is a kind of virtual currency, but with real time and real world value. Now its been used in various shops, so we cannot state it as virtual currency. And holding both of them is fruitful, but their results are different at the moment. Bitcoin for high profit margin in generally short period, whereas Gold for slow but stable profit. If one can, he/she should go for both of them.
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