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Author Topic: If you have some BTCs, why not have some Gold too?  (Read 3566 times)
valentin68
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September 08, 2017, 03:14:15 PM
 #81

Well I do have some gold also, good gold, like 100 grams or so. Let me see: my wedding rings (my wedding was in 1997, I divorced in 1998, now I do not know where in this world, literary, is my wife), my necklace, other two necklaces, a gold doxa watch,... I am haiving this gold before having bitcoin and you know what: I could garther in 1.5 years about 0.54 bitcoin (I sold it when its price was 3000 USD, 3 months ago) whose value became comparable with that of the gold that I have. So what is prefferable, have some gold (for which I worked about 10 years) or have some bitcoin of the same value for which I worked 1.5 years?!
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September 08, 2017, 03:19:09 PM
 #82

You can have them both, but bitcoin is easier to handle than gold. You can easily store, trade and spend bitcoin. But gold in the other hand is harder to purchase, store and spend. And bitcoin appreciates faster than gold, so if I have excess money, it will go to bitcoin than gold.
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September 08, 2017, 05:45:12 PM
 #83

Gold is physical and I do not want to own gold in my house. In my place, it is very dangerous and if you are not careful, you might lose all of your money into thief and robbery. That is why most of my property is bitcoin and altcoins. I know how to protect myself from hackers and therefore, while using bitcoin, I do not afraid of losing money





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September 08, 2017, 06:07:25 PM
 #84

In India, gold is rapidly losing its attractiveness as an investment asset. During the past 2-3 years, gold investments have given minimal returns, partly due to the fact that the national currency has risen by around 10% during the same period.
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September 08, 2017, 06:31:35 PM
 #85

They all beautiful.

Literally, Im not the type of person that will collect an asset just because it's beautiful. But for investment, Im eyeing to have at least a decent Oz of gold even back when bitcoin price was still below at $500 level. Unfortunately I don't have an idea how to enter the gold market or does it make sense for a small player to enter this kind of trading activity which unlike in bitcoin that we can play and hold a fraction of it.

Up to today, Im not closing my door for gold investment. It's just that there is a problem about accessing it and lack of knowledge on which I didn't bother to learn. But who knows someday.

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September 08, 2017, 07:23:46 PM
 #86

They all beautiful.

possibly reason is bitcoin price raises so fast & bitcoin gives us a chance to make a lot of profit from it but besides gold price raises so slowly & gives us low profit than bitcoin. furthermore bitcoin have some more facilities but gold haven't. i think that's people would like to investment with bitcoin than gold.

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September 08, 2017, 07:47:54 PM
Last edit: September 08, 2017, 08:34:10 PM by Bagaji
 #87

I see no reason for me not to buy gold, but not as a store of value but for me to make use of it. I only prefer to store my precious bitcoin as a store of value because its value appreciate more faster as compared to gold. And bitcoin can be easily use to purchase things online, send to someone and can be earn online through services rendered to companies.  
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September 08, 2017, 07:52:11 PM
 #88

They all beautiful.
Honestly, i like the idea. Gold is also one of my investment dreams. If i be earning much in bitcoin, will put some in gold also. It can be an inheritance to my children's children too.

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September 08, 2017, 07:59:43 PM
 #89

Gold is physical and I do not want to own gold in my house. In my place, it is very dangerous and if you are not careful, you might lose all of your money into thief and robbery. That is why most of my property is bitcoin and altcoins. I know how to protect myself from hackers and therefore, while using bitcoin, I do not afraid of losing money

This. Not that my area is bad, but if someone broke into your house how likely would they be to steal a chunk of gold or jewellery vs demanding you to hand over your private key Cheesy

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September 08, 2017, 10:55:13 PM
 #90

They all beautiful.

I think bitcoin and gold are a very promising investment in the future, so it would be nice if we had both investments. bitcoin as an investment of digital currency and gold as an investment in the real world. each of them has advantages and disadvantages, so there's nothing wrong if you have gold and bitcoin at once.
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September 08, 2017, 11:06:03 PM
 #91

I also invested in gold, but the percentage is not that big because gold's price rising is slow from year to year the rising is not too much, but if you see Bitcoin price chart you will see how fast the price rising, and then Bitcoin also can be used in gambling and for transactions


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September 08, 2017, 11:17:06 PM
 #92

Why not....
Because in this day and age it just seems dull in comparison to bitcoin
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September 08, 2017, 11:22:11 PM
 #93

I want to have some gold too but I find it more interesting just to stay with bitcoin and be with other investments but not with gold. When it comes to gold here in my country there are a lot of things that other people will think about you. That's why I'm trying to avoid to be on that situation and better rely with other investments including bitcoin.



 

 

 

 

 

 


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September 08, 2017, 11:25:38 PM
 #94

for me very different gold with bitcoin, from how to get it alone is different, especially when viewed from the price. And I prefer the bitcoin rather than gold, because the price is soaring so much higher than gold, well though a little difficult, but where there is effort, there is a way out.

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September 08, 2017, 11:27:42 PM
 #95

Bitcoin is more surprisible than gold.
And digital trade is better and faster.
You will earn much more money with bitcoin than gold.
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September 08, 2017, 11:39:38 PM
 #96

They all beautiful.

The number one factor on why I do not own any gold right now is due to its nature, not being digital and virtual. Investing into bitcoin is as easy as walking in the park due to being available in the internet. Also, earning bitcoin is very convenient compared to gold, with a lot of paper works and stuff due to being regulated by the government. Lastly, earning bitcoin is easier since it serves as an equalizer among the rich and the poor in terms of having the opportunity to have one.
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September 09, 2017, 12:10:22 AM
 #97

Bitcoin is more surprisible than gold.
And digital trade is better and faster.
You will earn much more money with bitcoin than gold.
Totally agree with you.
Also, I would like to invest in gold too, but I am capable of just buying some golden items, noting more, to be in possession of something that has that value. Dose are my possibilities at the moment. So I am in bitcoin world only.
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September 09, 2017, 12:22:39 AM
 #98

Golds price is not growing so quickly. Also, as far as gold is concerned, there is a high risk to be stolen or even accidenatally lost

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September 09, 2017, 12:24:18 AM
 #99

I have silver and Bitcoin and Bitcoin Cash  the new silver of crypto coins.

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September 09, 2017, 12:36:18 AM
 #100

Having both maybe one of the best things that will happen in my life. Gold is also an asset but since the existence of bitcoin, but the latter has been the choice of most people since it can be easily invested due to the fact that it's digital and can easily be used in certain transactions. More so, most of the people can easily earn btc rather than buy gold.

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