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Author Topic: If you have some BTCs, why not have some Gold too?  (Read 3621 times)
visionfar (OP)
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September 07, 2017, 02:42:26 PM
Last edit: September 07, 2017, 02:56:18 PM by visionfar
 #1

They all beautiful.
w5pn73
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September 07, 2017, 02:44:24 PM
 #2

Because we cannot trade it digitally like btc,  we can't send parts of it to our friends  Cool
Ewox
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September 07, 2017, 02:46:47 PM
 #3

Bitcoin is much easier to trade compared to gold. Yes both are good investments but Bitcoin is easily accessible and can be traded digitally compared to gold which is only tradable in actual.
edynolan
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September 07, 2017, 02:50:02 PM
 #4

having both bitcoin and gold is naturally a must-have but in terms of sight for bitcoin seekers not too concerned with gold, because the biggest and promising asset for now is bitcoin
visionfar (OP)
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September 07, 2017, 02:53:29 PM
 #5

having both bitcoin and gold is naturally a must-have but in terms of sight for bitcoin seekers not too concerned with gold, because the biggest and promising asset for now is bitcoin
Hmmm, I agree.
The bitcoin gives us +8~+9% per month growth,
And the gold only gives us +21% per year growth.
Kprawn
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September 07, 2017, 02:55:37 PM
 #6

Well, the reason why I do not hold any gold is very easy.... "Executive Order 6102" ---  Executive Order 6102 is a

United States presidential executive order signed on April 5, 1933, by President Franklin D. Roosevelt "forbidding the

Hoarding of gold coin, gold bullion, and gold certificates within the continental United States". The effect of the order, in

conjunction with the statute under which it was issued, was to criminalize the possession of monetary gold by any individual,

partnership, association or corporation.

*Why would you want to hoard Gold if the government can simply issue a executive order to confiscate it? That makes no

sense.  Roll Eyes

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smauni
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September 07, 2017, 03:01:36 PM
 #7

I have bitcoin but I don't have gold because I feel free to use bitcoin instead of gold. Also bitcoin is more profitable to me than gold. I can trade with bitcoin easily but not with gold. So why I don't have gold.
bitcub
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September 07, 2017, 03:02:31 PM
 #8

Gold's value is so slow. Slow as stockmarket price. One more thing, gold can be stole and Bitcoin is not. You need to hack the entire blockchain in order to hack the Bitcoin. Yes Bitcoin can be stolen, but If you have a clean PC, and hardware crypto wallet. Hack is impossible.

visionfar (OP)
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September 07, 2017, 03:05:50 PM
 #9

Well, the reason why I do not hold any gold is very easy.... "Executive Order 6102" ---  Executive Order 6102 is a

United States presidential executive order signed on April 5, 1933, by President Franklin D. Roosevelt "forbidding the

Hoarding of gold coin, gold bullion, and gold certificates within the continental United States". The effect of the order, in

conjunction with the statute under which it was issued, was to criminalize the possession of monetary gold by any individual,

partnership, association or corporation.

*Why would you want to hoard Gold if the government can simply issue a executive order to confiscate it? That makes no

sense.  Roll Eyes

Very impressive! You are a veteran.
Salute!

But I don't think that scandal will yesterday once more.
visionfar (OP)
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September 07, 2017, 03:08:22 PM
 #10

Gold's value is so slow. Slow as stockmarket price. One more thing, gold can be stole and Bitcoin is not. You need to hack the entire blockchain in order to hack the Bitcoin. Yes Bitcoin can be stolen, but If you have a clean PC, and hardware crypto wallet. Hack is impossible.
Yes you are exactly right!
The bitcoin is safe than Gold for keeping.
nrvasquez
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September 07, 2017, 03:09:25 PM
 #11

They all beautiful.

I think efficiency will say here. because bitcoin is definitely superior in this regard. bitcoin has bintuk more liquid and easy to make in cash, while gold is not that easy. I also want to invest long-term with gold.

minthit
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September 07, 2017, 03:11:08 PM
 #12

They all beautiful.
Because BitCoin is the future gold. Maybe better. Smiley
visionfar (OP)
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September 07, 2017, 03:11:57 PM
 #13

I have bitcoin but I don't have gold because I feel free to use bitcoin instead of gold. Also bitcoin is more profitable to me than gold. I can trade with bitcoin easily but not with gold. So why I don't have gold.
Yes! We can not identify the fake Gold. But we can easily identify the fake Bitcoin.
They are just-on-the-chain. Simply have a click, and go to see and that it is.  
Chikitita2004
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September 07, 2017, 03:15:57 PM
 #14

FOr sure. Gold is also is a very good investment proven by time. Though not as valuable as in few years ago but still worth acquiring and holding for a long time.

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September 07, 2017, 03:18:50 PM
 #15

BTC ultimately aims to replace cash but gold doesn't. A cashless society is a society (but of course the world is not ready for it yet) advanced. It does come with its' own drawback though but I believe it's still an advance all in all. The only way we trade in Gold again (for all expenses) in future means we will be going backward to the stone age Grin

kunabit
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September 07, 2017, 03:26:36 PM
 #16

I have both. Diversification Cool I have much more BTC for reasons stated above--the volatility is what provides me with profit, more so than gold, but I have been accumulating gold in small amounts the past several months for the sole purpose of diversifying.
visionfar (OP)
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September 07, 2017, 03:34:03 PM
 #17

I have both. Diversification Cool I have much more BTC for reasons stated above--the volatility is what provides me with profit, more so than gold, but I have been accumulating gold in small amounts the past several months for the sole purpose of diversifying.
I am too. Let me hug you well.
I think in the future the Gold will climb onto the 9000USD/ounces.
And Bitcoin at last will flying higher much much more.
ewonardo
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September 07, 2017, 03:35:46 PM
 #18

I have gold, every month i always set aside from profits bitcoin trading to buy gold. because before plunging into the world crypto, i always set aside from salary to buy bitcoin. Then, now it's time for me to save gold. I have all three: work, bitcoin and gold.
goldade
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September 07, 2017, 03:38:47 PM
 #19

I don't have gold and I don't think I will be interested in having one not because of any particular reason but because I don't just see it as something flexible as bitcoin. I could be wrong but that is my opinion and that is the same reason why I don't have some coins as well and its very much ok since I cant have everything even though I wanted to.

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September 07, 2017, 03:39:19 PM
 #20

They all beautiful.
Compared to gold, Bitcoin easily translates the value and uses it as a payment method. In gold, we have to convert it into cash to use. In addition, you can use Bitcoin as a gift or send it to anyone you want without transshipment

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