ScroodjMoney
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April 07, 2018, 06:34:39 PM |
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As an investor I would choose bitcoin instead of gold although gold investment is stable and less risky. The value of a bitcoin is much larger than an ounce of gold and I also choose to invest in bitcoin because it gives me more profit despite the risk.
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t3m4nc0k
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April 07, 2018, 06:43:16 PM |
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gold is only for people who do not want to profit quickly but prefer the safest investment but for me bitcoin is better with bitcoin able to grow money quickly and it does not take long to grow
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BobK71 (OP)
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April 07, 2018, 08:40:16 PM |
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But I don't deny that. For the record, I'm quite pro-gold myself. However, the point is gold has always been and still remains a safe haven into which people run when things like major wars and economic meltdowns happen. With that in mind, I'm almost 100% sure that most of gold price rise in the 20th century occurred within just a few years. I suspect these years would be around and after the two world wars, Great Depression, and most certainly after the dollar had been divorced from its gold backup in early 70's as well as during the years that followed the Nixon shock.
It's probably true that gold is going down or flat most of the time, but going up quickly during short periods. This would be consistent with the manipulation of gold prices by the elites, who want people to watch gold prices stay flat, or worse, most of the time. (And this theory is fundamentally not different from the known reality under an official gold standard -- the gold standard was just an elegant way of suppressing gold prices in currency terms.) The rise of gold prices in dollar terms only happened during the official devaluation during the Great Depression, the default on gold under Nixon in 1971, the US 'malaise' period at the end of the 70s, and the last global financial crisis. The two world wars actually helped 'stabilize' the currency price of gold, because the imperial elites won and were able to apply a greater degree of financial repression to prop up state-issued currency. Too bad, so many people died, but if it stabilized the elites' system, it's all worth it, right?
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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ASHLIUSZ
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April 07, 2018, 08:47:10 PM |
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The wider market for gold won't let the network fall in such a large margin. One of which is the fluctuations, with gold user gets a stability and trust. With bitcoin the fluctuation and functional platform seems advanced, but people haven't learned to accept the reality.
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Hell-raiser
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April 08, 2018, 08:16:48 AM |
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But I don't deny that. For the record, I'm quite pro-gold myself. However, the point is gold has always been and still remains a safe haven into which people run when things like major wars and economic meltdowns happen. With that in mind, I'm almost 100% sure that most of gold price rise in the 20th century occurred within just a few years. I suspect these years would be around and after the two world wars, Great Depression, and most certainly after the dollar had been divorced from its gold backup in early 70's as well as during the years that followed the Nixon shock.
It's probably true that gold is going down or flat most of the time, but going up quickly during short periods. This would be consistent with the manipulation of gold prices by the elites, who want people to watch gold prices stay flat, or worse, most of the time. (And this theory is fundamentally not different from the known reality under an official gold standard -- the gold standard was just an elegant way of suppressing gold prices in currency terms.) The rise of gold prices in dollar terms only happened during the official devaluation during the Great Depression, the default on gold under Nixon in 1971, the US 'malaise' period at the end of the 70s, and the last global financial crisis. The two world wars actually helped 'stabilize' the currency price of gold, because the imperial elites won and were able to apply a greater degree of financial repression to prop up state-issued currency. Too bad, so many people died, but if it stabilized the elites' system, it's all worth it, right? People didn't die because the elites wanted to suppress gold value. Yes, they died and yes, price may have been subdued as a side effect of that, but it is still kinda non sequitur here. Regarding manipulation of gold prices by the elites in other times, I think this theory doesn't stand up to scrutiny. Why would they need that if they can get there without doing anything at all? In other words, there is no particular interest in gold apart from speculative in "peaceful" times. To me, your assumption looks more like a conspiracy theory rather than reality. It makes no practical sense to suppress gold prices when you can just put people in debt slavery and then no one thinks about gold twice or at all.
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necktiearrival0
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April 09, 2018, 02:45:27 PM |
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Every higher building is more prone to be fell down by calamities. same as for bitcs who are far more higher than normal and may cause disaster of its own
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thyroidviral
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April 09, 2018, 05:59:14 PM |
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If we ae to compare the btcs and gold prices it would be no doubt that bitcs at the moment are far more expensive than btcs
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wxxyrqa
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April 09, 2018, 07:13:41 PM |
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If we ae to compare the btcs and gold prices it would be no doubt that bitcs at the moment are far more expensive than btcs
of course Bitcoin is more expensive than gold, but nevertheless in gold metal will be much more promising in the future. You just look into the past, the history of gold, and everything will become clear. Gold and jewelry were valued everywhere and always, unlike other values.
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BobK71 (OP)
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April 10, 2018, 01:41:38 PM |
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People didn't die because the elites wanted to suppress gold value. Yes, they died and yes, price may have been subdued as a side effect of that, but it is still kinda non sequitur here. Regarding manipulation of gold prices by the elites in other times, I think this theory doesn't stand up to scrutiny. Why would they need that if they can get there without doing anything at all? In other words, there is no particular interest in gold apart from speculative in "peaceful" times. To me, your assumption looks more like a conspiracy theory rather than reality. It makes no practical sense to suppress gold prices when you can just put people in debt slavery and then no one thinks about gold twice or at all.
It is a conspiracy theory, but I have no doubt it's correct. Just on the physical evidence of today's gold suppression, read a book like 'The Gold Cartel' and 'Gold Wars.' What this proves is that today is really not different from the gold standard days, just that the public narrative has changed and gold prices are more flexible. (The more things change, the more they stay the same!) Certainly, you can't deny that the gold and silver standards were just a way to suppress precious metal prices. The low prices of gold reflect not just this suppression, but the average investor's attitude that it's usually a losing battle to fight the elites, and/or that gold just seems to be dropping most of the time, so there's some truth to your suggestion as well. There's a saying that no one has enough power to fight the entire market, so a combination of physical and psychological manipulation usually works best, in modern times. That is why, a ban of gold, for example, would be in poor taste in today's world. Much better to portray yourself as market-friendly and that markets don't want gold. But a true marketplace? That would be suicidal. Just before WWI, if the British elites didn't vehemently declare their readiness to redeem gold for paper sterling at the fixed rate, when Britain had only 3% of the gold required to redeem all their issued paper, do you think the average saver would have trusted the paper?
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BobK71 (OP)
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April 10, 2018, 01:54:21 PM |
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People didn't die because the elites wanted to suppress gold value. Yes, they died and yes, price may have been subdued as a side effect of that, but it is still kinda non sequitur here.
We will have to give the elites the benefit of the doubt, as we're unable to overhear someone say, let them die for this money system. But the link between the money system and death is only slightly more indirect, and surely an intelligent member of the top elites should have seen the connection. (See my post Death Is the Price of Imperial Money.) The entire system is based on forcing governments around the world toe the party line that helps prop up state issued money at the center of the empire. If this causes debt slavery, conflict, economic pain, and the rise of figures like Hitler, then so be it. The central problem of the world is that the money system is deceptive, and it's deceptive because members of the elites want to continue to receive unearned power and wealth. This is an infinitely powerful incubator of discontent of all kinds, and war is only the most extreme form.
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Hell-raiser
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 10, 2018, 02:32:23 PM |
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People didn't die because the elites wanted to suppress gold value. Yes, they died and yes, price may have been subdued as a side effect of that, but it is still kinda non sequitur here. Regarding manipulation of gold prices by the elites in other times, I think this theory doesn't stand up to scrutiny. Why would they need that if they can get there without doing anything at all? In other words, there is no particular interest in gold apart from speculative in "peaceful" times. To me, your assumption looks more like a conspiracy theory rather than reality. It makes no practical sense to suppress gold prices when you can just put people in debt slavery and then no one thinks about gold twice or at all.
It is a conspiracy theory, but I have no doubt it's correct. Just on the physical evidence of today's gold suppression, read a book like 'The Gold Cartel' and 'Gold Wars.' What this proves is that today is really not different from the gold standard days, just that the public narrative has changed and gold prices are more flexible. (The more things change, the more they stay the same!) Certainly, you can't deny that the gold and silver standards were just a way to suppress precious metal prices. The low prices of gold reflect not just this suppression, but the average investor's attitude that it's usually a losing battle to fight the elites, and/or that gold just seems to be dropping most of the time, so there's some truth to your suggestion as well. There's a saying that no one has enough power to fight the entire market, so a combination of physical and psychological manipulation usually works best, in modern times. That is why, a ban of gold, for example, would be in poor taste in today's world. Much better to portray yourself as market-friendly and that markets don't want gold. But a true marketplace? That would be suicidal. Just before WWI, if the British elites didn't vehemently declare their readiness to redeem gold for paper sterling at the fixed rate, when Britain had only 3% of the gold required to redeem all their issued paper, do you think the average saver would have trusted the paper? Conspiracy or not, I can't really accept this idea. Ultimately, what's in gold really? It is just a shiny metal but that's pretty much all there's to it. Even in cases of severe disasters, in a Mad Max scenario of sorts, it is weapons, food, and shelter that will be valued most. Gold stands somewhere in between, I mean, in between the cases where paper money is still valued and when nothing is valued apart from real things like those I mentioned. Besides, power has the ultimate value in society, not gold or some other tangible asset, and it is the thing which most conspiracy theories fail to consider and put into its proper place, that is at the top of the list.
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LindsayWWW
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April 12, 2018, 01:13:12 PM |
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Gold mining requires lesser advanced technology and comaparatively cheaper than btcs mining and so gold is also chaeper than btcs. Simply EQUAL
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redshiftexpensive
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April 18, 2018, 01:21:42 PM |
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I would concentrate on btcs because its a resources based on algorithm patch and will be supplied constantly till eternity than gold
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BobK71 (OP)
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April 19, 2018, 11:23:47 AM |
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Conspiracy or not, I can't really accept this idea. Ultimately, what's in gold really? It is just a shiny metal but that's pretty much all there's to it. Even in cases of severe disasters, in a Mad Max scenario of sorts, it is weapons, food, and shelter that will be valued most. Gold stands somewhere in between, I mean, in between the cases where paper money is still valued and when nothing is valued apart from real things like those I mentioned. Besides, power has the ultimate value in society, not gold or some other tangible asset, and it is the thing which most conspiracy theories fail to consider and put into its proper place, that is at the top of the list.
Why not? You seem to sail pretty close to the fiat central bank line for your self description of being 'pro-gold.' Power is not the ultimate value. Not in today's world. See The Real Reason for Holding Gold and Bitcoin.
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polaman
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Token That Will Transform The Venture Capital Mark
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April 19, 2018, 11:46:39 AM |
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bitcoin compared to the current price of gold is really very different, bitcoin price reached nearly $ 13k times more than the current price.
obviously different, bitcoin and gold investment are also different, bitcoin prices are very volatile compared to gold is quite stable, but bitcoin is more advantageous when compared with gold ..
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iliev41
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April 19, 2018, 12:07:23 PM |
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bitcoin compared to the current price of gold is really very different, bitcoin price reached nearly $ 13k times more than the current price.
obviously different, bitcoin and gold investment are also different, bitcoin prices are very volatile compared to gold is quite stable, but bitcoin is more advantageous when compared with gold .. Bitcoin investors and holders might find it interesting to know that major precious metal retailers have started accepting Bitcoin payments for gold, silver, platinum and other products from various mints.
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kalebb
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April 19, 2018, 12:38:32 PM |
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Bitcoin price goes up and down while gold values goes up. But still, i need bitcoin than golds.
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Firdausiii
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April 19, 2018, 12:40:05 PM |
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At present bitcoin prices are much higher than gold. I think this is reasonable because gold is under state management and bitcoin is not. Bitcoin is a target for high profit investors. I am also investing in bitcoin.
The value of bitcoin is much larger than some gold pieces and I also choose to invest in bitcoin because it gives me more profit despite the risks, but I accept this, because risk is the most exciting thing in business. As an investor I will choose bitcoin rather than gold even though gold investment is stable and less risky
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DonateBB
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April 19, 2018, 01:16:04 PM |
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BTC prices are much higher than gold. But it can not be said so, the calculation of the comparison between the price of BTC and gold has not had a standard for comparison. But in general BTC is more unstable than gold, despite the high price but contains many risks. Gold is a measure of the world economy. They are more stable.
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Hell-raiser
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April 19, 2018, 03:13:12 PM Last edit: April 19, 2018, 03:38:55 PM by Hell-raiser |
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Conspiracy or not, I can't really accept this idea. Ultimately, what's in gold really? It is just a shiny metal but that's pretty much all there's to it. Even in cases of severe disasters, in a Mad Max scenario of sorts, it is weapons, food, and shelter that will be valued most. Gold stands somewhere in between, I mean, in between the cases where paper money is still valued and when nothing is valued apart from real things like those I mentioned. Besides, power has the ultimate value in society, not gold or some other tangible asset, and it is the thing which most conspiracy theories fail to consider and put into its proper place, that is at the top of the list.
Why not? You seem to sail pretty close to the fiat central bank line for your self description of being 'pro-gold.' Power is not the ultimate value. Not in today's world. See The Real Reason for Holding Gold and Bitcoin. I'm pro-gold really, but I'm certainly not obsessed with it. It is a time-proven and well-tried asset for storing wealth even if its real value goes down somewhat over decades, primarily because there was no major economic wreck in the last 40 years (2008 doesn't count as a complete economic shutdown). But if there will be none in the future or it will be a little bit too hard for gold to keep up with, it is useless (apart from jewelry). Also, could you explain in a few words why power is not the ultimate value as far as society is concerned?
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