OROBTC
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May 18, 2016, 10:06:20 PM |
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... (Cross-posted, but an important article for learning about a neglected but important role for gold): Gold's price has been rather slow in the past few days/weeks. There is a real case to be made for taking a longer term view. Dr. Antal Fekete (interviewed just below) is one of the world's top analysts re gold. Fekete joins others who see a HUGE increase in the price of gold. He also has very negative things to say about negative interest rates ("NIRP"), the below is a bit hard to churn through, but well worth it: http://www.silverdoctors.com/gold/gold-news/a-global-war-against-gold-prof-antal-fekete/(silverdoctors sells PMs, but is a handy aggregator of gold & silver news.) |
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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
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deisik
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May 18, 2016, 10:18:07 PM |
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(silverdoctors sells PMs, but is a handy aggregator of gold & silver news.)
It would be strange if a seller preached for lower prices. Why would anyone want to buy today if he could buy cheaper tomorrow? |
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trinaldao
Copper Member
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Merit: 1007
Post your ann & bounty just contact me
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May 19, 2016, 03:20:25 AM |
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(silverdoctors sells PMs, but is a handy aggregator of gold & silver news.)
It would be strange if a seller preached for lower prices. Why would anyone want to buy today if he could buy cheaper tomorrow? that's right, waiting right time to buying gold/bitcoin/silver is good way to make profit at investment. but where you know tomorrow the price will be fail ? |
INVALID BBCODE: close of unopened tag in table (1)
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Harpua
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Spastic dead-eyed hound.
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May 19, 2016, 05:43:28 AM |
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(silverdoctors sells PMs, but is a handy aggregator of gold & silver news.)
It would be strange if a seller preached for lower prices. Why would anyone want to buy today if he could buy cheaper tomorrow? that's right, waiting right time to buying gold/bitcoin/silver is good way to make profit at investment. but where you know tomorrow the price will be fail ? The way I see things, is that if you are going in on PM's in the first place, you are already setting yourself up for playing the "long" game. So if that's the case, why on earth would you be concerned about worrying what tomorrow looks like in terms of pricing? If you are dealing with things such as silver and gold then you are planning on holding for a long time, just primarily because of the fact that you can't liquidate it in an optimal fashion such as bitcoin, which can be done in seconds over exchanges. So to worry about what price you are buying into PM's day by day is ludicrous / |
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goldcoinminer
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May 19, 2016, 06:41:54 AM |
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Bitcoin is very useful nowadays, you can earn it even in a minute, if you are really good on trading you can exchange you money for bitcoins and start trading. This is good because it is very cheap where you can start even at a minimum amount unlike the requirements in trading suing FIAT.
While gold on the other hand, for me it is not that worth as it is designed with only sole purpose. This is just to flaunt to people about your status in life but not that really useful in the community.
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Amph
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May 19, 2016, 06:45:05 AM |
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(silverdoctors sells PMs, but is a handy aggregator of gold & silver news.)
It would be strange if a seller preached for lower prices. Why would anyone want to buy today if he could buy cheaper tomorrow? that's right, waiting right time to buying gold/bitcoin/silver is good way to make profit at investment. but where you know tomorrow the price will be fail ? talking about bitcoin the price has more chances to increase to be honest, at least the market is telling me this buy the lok of the recent events so not buying today because tomorrow may be cheaper is an horrible strategy in an clearly up trend... |
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Karartma1
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May 19, 2016, 06:54:40 AM |
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so not buying today because tomorrow may be cheaper is an horrible strategy in an clearly up trend...  What a hell of strategy: so it seems you have a crystal ball. Good advice. Maybe the wisest and easiest strategy (discussed many times here) to be applied today is the one that consider buying small amounts of gold and BTC every month no matter what the price is. Anyone can find out how much is a good investment to start with depeniding on someone's needs. |
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tabas
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May 19, 2016, 07:06:47 AM |
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Bitcoin is very useful nowadays, you can earn it even in a minute, if you are really good on trading you can exchange you money for bitcoins and start trading. This is good because it is very cheap where you can start even at a minimum amount unlike the requirements in trading suing FIAT.
While gold on the other hand, for me it is not that worth as it is designed with only sole purpose. This is just to flaunt to people about your status in life but not that really useful in the community.
I will disagree to your insight about gold, think about the mining companies that are giving profit to the people who are working with them, and to the country's tax that they are paying, gold isn't just about the status of life of people. It is also used for different things that can be useful. But for me, bitcoin and gold would have its own good characteristics and bad either. |
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deisik
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May 19, 2016, 07:08:39 AM |
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(silverdoctors sells PMs, but is a handy aggregator of gold & silver news.)
It would be strange if a seller preached for lower prices. Why would anyone want to buy today if he could buy cheaper tomorrow? that's right, waiting right time to buying gold/bitcoin/silver is good way to make profit at investment. but where you know tomorrow the price will be fail ? talking about bitcoin the price has more chances to increase to be honest, at least the market is telling me this buy the lok of the recent events so not buying today because tomorrow may be cheaper is an horrible strategy in an clearly up trend... You guys seem to have taken my question out of context. I meant to say that it wouldn't be surprising to hear from a seller the same tale about constantly rising prices again and again, that tomorrow will be more expensive than today and things like that... I'm sure you heard such stories yourself |
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Cyaren
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May 19, 2016, 08:26:47 AM |
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(silverdoctors sells PMs, but is a handy aggregator of gold & silver news.)
It would be strange if a seller preached for lower prices. Why would anyone want to buy today if he could buy cheaper tomorrow? that's right, waiting right time to buying gold/bitcoin/silver is good way to make profit at investment. but where you know tomorrow the price will be fail ? talking about bitcoin the price has more chances to increase to be honest, at least the market is telling me this buy the lok of the recent events so not buying today because tomorrow may be cheaper is an horrible strategy in an clearly up trend... Yeah, I think so too. Bitcoin definitely has more room to rise, while gold will still be a good store of value in the long term, but just without much of a room to rise in terms of price. So that's why it's a good opportunity to buy bitcoin today  |
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Altcoinsupporter
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May 19, 2016, 08:40:02 AM |
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Gold itself is a strong currency so that is nice for the Bitcoin itself but as you want to talk about the future you can see that Bitcoin is getting more popular and used.
And that is because the world is also becoming more digital so that is perfect for the Bitcoin.
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saiha
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May 19, 2016, 08:55:00 AM |
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Bitcoin and gold have their good quality and also bad. But I can say maybe bitcoin is the new gold of our generation. Just like gold, it can be mined, not by mining it to the mountains or other mining sites. But you can mine it virtually.
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Vires in Numeris
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deisik
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May 19, 2016, 08:58:45 AM |
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(silverdoctors sells PMs, but is a handy aggregator of gold & silver news.)
It would be strange if a seller preached for lower prices. Why would anyone want to buy today if he could buy cheaper tomorrow? that's right, waiting right time to buying gold/bitcoin/silver is good way to make profit at investment. but where you know tomorrow the price will be fail ? talking about bitcoin the price has more chances to increase to be honest, at least the market is telling me this buy the lok of the recent events so not buying today because tomorrow may be cheaper is an horrible strategy in an clearly up trend... Yeah, I think so too. Bitcoin definitely has more room to rise, while gold will still be a good store of value in the long term, but just without much of a room to rise in terms of price. So that's why it's a good opportunity to buy bitcoin today Yeah-yeah, statistically it can't fall below 0 but can grow indefinitely high, so it has much "more room to rise", at least theoretically, lol... Nothing is more practical than a good theory |
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expert4knowledge
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May 19, 2016, 02:25:16 PM |
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Bitcoin is very useful nowadays, you can earn it even in a minute, if you are really good on trading you can exchange you money for bitcoins and start trading. This is good because it is very cheap where you can start even at a minimum amount unlike the requirements in trading suing FIAT.
While gold on the other hand, for me it is not that worth as it is designed with only sole purpose. This is just to flaunt to people about your status in life but not that really useful in the community.
Each of Gold and bitcoin have their pros and cons, for example gold is more useful for more conservative investors because of its stability. |
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overcoin
Newbie
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Activity: 53
Merit: 0
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May 19, 2016, 05:28:31 PM |
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Bitcoin or gold? Both. Definitely. |
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tampazeus
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May 19, 2016, 05:53:04 PM |
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Bitcoin is very useful nowadays, you can earn it even in a minute, if you are really good on trading you can exchange you money for bitcoins and start trading. This is good because it is very cheap where you can start even at a minimum amount unlike the requirements in trading suing FIAT.
While gold on the other hand, for me it is not that worth as it is designed with only sole purpose. This is just to flaunt to people about your status in life but not that really useful in the community.
Each of Gold and bitcoin have their pros and cons, for example gold is more useful for more conservative investors because of its stability. Yeah and gold holds more number of satisfied customers in compare to bitcoin, and they know that gold can give them assured returns over a period of time. |
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Crazygreek
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May 19, 2016, 06:03:28 PM |
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I am gonna choose gold now, but i am sure that i will change my mind after halving but if price will not increase high nothing will change.
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agustina2
Legendary
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Activity: 2436
Merit: 1008
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May 19, 2016, 06:09:23 PM |
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Bitcoin is very useful nowadays, you can earn it even in a minute, if you are really good on trading you can exchange you money for bitcoins and start trading. This is good because it is very cheap where you can start even at a minimum amount unlike the requirements in trading suing FIAT.
While gold on the other hand, for me it is not that worth as it is designed with only sole purpose. This is just to flaunt to people about your status in life but not that really useful in the community.
Each of Gold and bitcoin have their pros and cons, for example gold is more useful for more conservative investors because of its stability. You know others didn't know well the real score of bitcoin and gold. They will choose what gives them more benefits and no wrong about that. The wrong one is their reasoning why they choose that kind of financial system, saying bad things to other sides or something like that. |
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MaritiJames3
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May 19, 2016, 06:12:00 PM |
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I like gold because its physical but I must say that the bitcoin is way more profitable due to the lack of patience I have with gold.
So I myself prefer bitcoin above the gold.
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agustina2
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May 19, 2016, 06:55:01 PM |
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I like gold because its physical but I must say that the bitcoin is way more profitable due to the lack of patience I have with gold.
So I myself prefer bitcoin above the gold.
Why not preferred both? If only I have access of getting some gold, I will put some money here on this investment rather than relying alone on a single source of sure earnings. Price of both bitcoin and gold always move so it's really a must investment for a traders. |
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