Bitcoin Forum
May 06, 2024, 06:27:38 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 [52] 53 54 55 56 »
  Print  
Author Topic: The Real Reason to Hold Gold And Bitcoin  (Read 674463 times)
Ngewex Yuk
Sr. Member
****
Offline Offline

Activity: 1190
Merit: 250


View Profile
August 22, 2018, 11:35:41 AM
 #1021

For me to make bitcoin for investment because I believe that the future of bitcoin will improve and of course get big profits, now is a good opportunity because it can buy bitcoin at a low price of around $ 6400, and the main reason for holding gold is because it is a very safe investment.

TIME
TO
SLEEP
1714976858
Hero Member
*
Offline Offline

Posts: 1714976858

View Profile Personal Message (Offline)

Ignore
1714976858
Reply with quote  #2

1714976858
Report to moderator
Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714976858
Hero Member
*
Offline Offline

Posts: 1714976858

View Profile Personal Message (Offline)

Ignore
1714976858
Reply with quote  #2

1714976858
Report to moderator
1714976858
Hero Member
*
Offline Offline

Posts: 1714976858

View Profile Personal Message (Offline)

Ignore
1714976858
Reply with quote  #2

1714976858
Report to moderator
1714976858
Hero Member
*
Offline Offline

Posts: 1714976858

View Profile Personal Message (Offline)

Ignore
1714976858
Reply with quote  #2

1714976858
Report to moderator
Scoremaster
Member
**
Offline Offline

Activity: 91
Merit: 10

Hi I am back from a long period of away time :)


View Profile
August 22, 2018, 12:24:48 PM
 #1022

Love the concept of holding your eggs in a different baskets which means that in case of disaster you will not lose them all so if gold would be devaluated, I think bitcoin will be not and visa versa.

✦ ────────  SPOKKZ  ──────── ✦
A COMMUNITY-POWERED FILM & TV BLOCKCHAIN ECOSYSTEM
✦ ────────  Twitter ⬝  Telegram ⬝   Facebook ⬝  Linkedin ⬝  Medium   ──────── ✦ Join Pre-Sale
BabyBoss
Full Member
***
Offline Offline

Activity: 462
Merit: 100


View Profile
August 22, 2018, 12:27:30 PM
 #1023

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.
Because you have already assurance that after you buy it and store in in your wallet in 10-20 years the amount you buy it will double. Meaning they are both future treasure, the bitcoin and gold.
trako
Hero Member
*****
Offline Offline

Activity: 756
Merit: 505



View Profile
August 22, 2018, 12:42:24 PM
 #1024

because it makes money in a short time. sometimes the investors are in a difficult situation. because the markets are still alive. we have to ignore this situation. in the coming years, many people will follow this technology. supply-demand will increase. he will win the market act. it is lucrative to get coin and sell. today's most popular investment tool
Cotton Candy
Full Member
***
Offline Offline

Activity: 392
Merit: 100



View Profile
August 22, 2018, 02:07:21 PM
 #1025

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.

The reason to hold gold is of course they are a precious thing so it means if all gokd in the world will be consumed tha price of the gold will rice up since the gpld cannot be made mt men. Bitcoins on the other hand is an on demand investment today so it means it is much faster way to gain money in gere since they are veing used by a lot of people so make use of it as ling as they are popular.
wolffy0216
Jr. Member
*
Offline Offline

Activity: 120
Merit: 1

Staker.network - POS Smart Contract ETH Token


View Profile
August 22, 2018, 02:21:20 PM
 #1026

because it makes money in a short time. sometimes the investors are in a difficult situation. because the markets are still alive. we have to ignore this situation. in the coming years, many people will follow this technology. supply-demand will increase. he will win the market act. it is lucrative to get coin and sell. today's most popular investment tool

I think this will still depends on the current situation of bitcoin and if more good news will happen then holding bitcoin will surely give us good profit but if continues bad new happen then it might lose the high value of bitcoin.

STAKER.network ] ━━ [ The Next Proof-of-Stake Smart Contract Token
] ⚁ 100% 1st Year Interest [ ━━ ] ⚀ Free Airdrops [
patarfweefwee
Member
**
Offline Offline

Activity: 420
Merit: 14


View Profile
August 22, 2018, 02:47:18 PM
 #1027

Well, people have been saying that we should invest in gold for the longest time and it became almost a fact. I even have friends that own ingots and bars if gold and stashed it in a safe in their bedrooms. But the revolution happened when Bitcoin was included in this list and I'd say it is as true as gold. I've been buying Bitcoin gradually for the past months.

Farhan786
Member
**
Offline Offline

Activity: 308
Merit: 10


View Profile
August 22, 2018, 03:17:29 PM
 #1028

Gold will be good for a long period, and with bitcoin, you can quickly make a profit. Bitcoin is going to be a good addition to his portfolio and that will bring him profit. I think the price of bitcoin and gold will rapidly increasing day by day in the near future.
SkustaClee
Full Member
***
Offline Offline

Activity: 476
Merit: 100


View Profile
August 22, 2018, 03:51:27 PM
 #1029

Bitcoin and Gold have limited supply, it is the reason why we should it because its value is continuing to rise up as time passing by. The demand for the gold and bitcoin is rapidly increasing.
7Dyoknga5
Jr. Member
*
Offline Offline

Activity: 210
Merit: 1

dApps Development Automation Platform


View Profile
August 22, 2018, 04:08:47 PM
 #1030

If there's an abundant amount of gold, its price wouldn't be that high, it requires huge amount labor and resources which also why its costly.

Gold's value was established centuries ago and upto now supply is still limited that's why the value of a gold has not lowered upto this day.

▬▬▬▬▬▬▬⬢          Buddy          ⬢▬▬▬▬▬▬▬
Decentralized Development Automation Platform
▬▬▬▬▬▬▬⬢ token.buddy.works ⬢▬▬▬▬▬▬▬
Gravityle
Newbie
*
Offline Offline

Activity: 53
Merit: 0


View Profile
August 22, 2018, 04:35:50 PM
 #1031

Bitcoin and gold are one of those assets that will definately grow in value during the financial crysis. They are resistant to inflation and are overall a great store of value.
pumbum
Full Member
***
Offline Offline

Activity: 434
Merit: 100



View Profile
August 23, 2018, 06:51:00 AM
 #1032

the main essence of gold and bitcoin is that they do not have the property to increase indefinitely, quickly and easily. that's why it's great advice
rickyNmorty
Member
**
Offline Offline

Activity: 451
Merit: 15

Investor


View Profile
August 23, 2018, 07:04:13 AM
Last edit: August 23, 2018, 12:49:56 PM by rickyNmorty
 #1033

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.

This is so true. The thing is, if it is limited the price will rise. Just like in economy, if the demand will rise but the supply is out of stock then probably the demand that is there will have a high price. Gold is a solid asset yes its true, but the volatility we are talking and possibility of a great price hike does not belong to Gold.
Dr.Osh
Legendary
*
Offline Offline

Activity: 2688
Merit: 1004


Sugars.zone | DatingFi - Earn for Posting


View Profile
August 23, 2018, 07:11:46 AM
 #1034

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.

This is so true. The thing is, if it is limited the pice will rise. Just like in economy, if the demand will rise but the supply is out of stock then probably the demand that isthere will have a high price. And that is what's going on in the market of cryto and also in gold.
of course the main reason for getting profit. but I think gold is the best investment to save for a long time. well, whereas bitcoin is in a long time, but not as long as gold. both of these are used as a support for future profits.

.SUGAR.
██   ██

██   ██

██   ██

██   ██

██   ██

██   ██
▄▄████████████████████▄▄
▄████████████████████████▄
███████▀▀▀██████▀▀▀███████
█████▀██████▀▀██████▀█████
██████████████████████████
██████████████████████████
█████████████████████▄████
██████████████████████████
████████▄████████▄████████
██████████████████████████
▀████████████████████████▀
▀▀████████████████████▀▀

██   ██

██   ██

██   ██

██   ██

██   ██

██   ██
███████████████████████████
███████████████████████████
██████               ██████
██████   ▄████▀      ██████
██████▄▄▄███▀   ▄█   ██████
██████████▀   ▄███   ██████
████████▀   ▄█████▄▄▄██████
██████▀   ▄███████▀▀▀██████
██████   ▀▀▀▀▀▀▀▀▀   ██████
██████               ██████
███████████████████████████
███████████████████████████
.
Backed By
ZetaChain

██   ██

██   ██

██   ██

██   ██

██   ██

██   ██

██   ██

██   ██

██   ██

██   ██

██   ██

██   ██
▄▄████████████████████▄▄
██████████████████████████
████████████████████████████
█████████████████▀▀  ███████
█████████████▀▀      ███████
█████████▀▀   ▄▄     ███████
█████▀▀    ▄█▀▀     ████████
█████████ █▀        ████████
█████████ █ ▄███▄   ████████
██████████████████▄▄████████
██████████████████████████
▀▀████████████████████▀▀
▄▄████████████████████▄▄
██████████████████████████
██████ ▄▀██████████  ███████
███████▄▀▄▀██████  █████████
█████████▄▀▄▀██  ███████████
███████████▄▀▄ █████████████
███████████  ▄▀▄▀███████████
█████████  ████▄▀▄▀█████████
███████  ████████▄▀ ████████
████████████████████████████
██████████████████████████
▀▀████████████████████▀▀
Burogh
Member
**
Offline Offline

Activity: 644
Merit: 10

COVIR.IO


View Profile
August 23, 2018, 07:26:52 AM
 #1035

In my opinion, Gold and Bitcoin both have similar characteristics in terms of price increases, we can expect prices to soar because of public demand in bitcoin and altcoin. Bitcoin increases or reduces costs bluntly as far as to increase or decreasepopular for bitcoin.but holding bitcoin will return more benefits even in less time.

I am agree. Bitcoin is like digital gold and both are store of value. The advatages of bitcoin is we can spend it instantly and make transaction with more faster than banks and we can use it like currency. Most peoples reason holding bitcoin and gold is both are safe haven investment

Dofotonomo
Newbie
*
Offline Offline

Activity: 42
Merit: 0


View Profile
September 13, 2018, 09:55:22 AM
 #1036

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.
NevejElad
Newbie
*
Offline Offline

Activity: 126
Merit: 0


View Profile
September 13, 2018, 10:43:11 AM
 #1037

The real reason in holding bitcoin and gold is that they are precious thing ,even though bitcoin is digital form ,compare to gold but they have both have value and they are considered assets of yours ,that is why we are holding this assets for future keeping in the coming days.
ganlianshifu1
Member
**
Offline Offline

Activity: 392
Merit: 10


View Profile
September 13, 2018, 11:44:17 AM
 #1038

The biggest role of gold is to hedge against risks!
Bitcoin's current value is seriously underestimated, and it is believed that Bitcoin and gold have similar stored value functions.
wahyu wida
Full Member
***
Offline Offline

Activity: 826
Merit: 100



View Profile
September 13, 2018, 12:04:07 PM
 #1039

The biggest role of gold is to hedge against risks!
Bitcoin's current value is seriously underestimated, and it is believed that Bitcoin and gold have similar stored value functions.
i think bitcoin has a future, so many people hold it. whereas gold has been recognized by many as an undoubted investment tool. with a bright future analysis of bitcoin, many make it an investment tool like gold
Helpme_please
Member
**
Offline Offline

Activity: 633
Merit: 10


View Profile
September 13, 2018, 12:20:52 PM
 #1040

The biggest role of gold is to hedge against risks!
Bitcoin's current value is seriously underestimated, and it is believed that Bitcoin and gold have similar stored value functions.
i think bitcoin has a future, so many people hold it. whereas gold has been recognized by many as an undoubted investment tool. with a bright future analysis of bitcoin, many make it an investment tool like gold
bitcoin and gold has own advantages.both of them has good feature and potential profit if we buy it now.but unfortunately bitcoin could not used as hedging tools like gold did.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 [52] 53 54 55 56 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!