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Author Topic: Bitcoin or gold?  (Read 984457 times)
deisik
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August 20, 2015, 07:34:58 AM
 #1201

I am sorry but I think you are mistaken, it is not racism being the reason why bank transfers are high. Don't think africa as a black country, africa is pretty big bro. The very reason why transaction costs are high is because the country itself charges that amount from its people, it then treats this transaction fees as a tax and uses the money they receive for whatever they do. The govt does that because they need more money as tax, not because they black Tongue

It is still a discrimination, black-on-black is also a discrimination, not necessarly a racist one ,but some other sort.

The point I was trying to make is that bitcoin doesn't discriminate you in any shape or form: no racial,no sexual, no religious, certainly no political, and no other type of discrimination is here, so it's the ultimate form of financial liberty in my opinion.

After all discrimination is a pretty big issue nowadays, yet nobody realizes that their own currency is their biggest enemy.

setting the drama apart, I think people don't want change, and they're rather scared of it. On the other hand, people who buy btc only buy it to make a good profit, very few want to nurture btc and help it grow to the potential beast it can be. The community needs to be stronger and people need to believe what they say, not just write because they are part of a sig camp Tongue

I don't think this is a good idea, given that even the lead developers of Bitcoin (those two) seem not to care too much for the future of it but more concerned with bolstering their egos. That simply wouldn't be wise...

Practice what you preach

The bitcoin XT project makes me wonder the future of bitcoin too, honestly and it won't be wise to see same currency split into two, because in long term, it would destroy the authenticity of bitcoin. I hope things settle down soon, I am more concerned about adoption and try my best to talk about it on the usual, and most of my work is related to crypto. I practice what I preach and achieve what I reach :*

Wtf, I didn't mean you

ralle14
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August 20, 2015, 07:55:18 AM
 #1202

i think other people don't want to change you know
but change is permanent in our world and it will never stop
so they need to embrace it whether they like it or not
gold for me is old i go for bitcoin

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tyrexs
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August 20, 2015, 08:06:33 AM
 #1203

price gold in this week very strong already reach up to 1138 and what happen with bitcoin crashing without issue or something dropping fast just in 2 hour

BTCevo
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August 20, 2015, 09:56:07 AM
 #1204

I am sorry but I think you are mistaken, it is not racism being the reason why bank transfers are high. Don't think africa as a black country, africa is pretty big bro. The very reason why transaction costs are high is because the country itself charges that amount from its people, it then treats this transaction fees as a tax and uses the money they receive for whatever they do. The govt does that because they need more money as tax, not because they black Tongue

It is still a discrimination, black-on-black is also a discrimination, not necessarly a racist one ,but some other sort.

The point I was trying to make is that bitcoin doesn't discriminate you in any shape or form: no racial,no sexual, no religious, certainly no political, and no other type of discrimination is here, so it's the ultimate form of financial liberty in my opinion.

After all discrimination is a pretty big issue nowadays, yet nobody realizes that their own currency is their biggest enemy.

setting the drama apart, I think people don't want change, and they're rather scared of it. On the other hand, people who buy btc only buy it to make a good profit, very few want to nurture btc and help it grow to the potential beast it can be. The community needs to be stronger and people need to believe what they say, not just write because they are part of a sig camp Tongue

Well i`m here to feed the beast Cheesy

But joke aside, profit is relative, some people want a quick 1% profit, some want a 100000000% profit, and since the latter takes longer time, they will hold it, and nurture it in the process,

I dont think that if BTC reaches 10,000$ everybody will just dump it. It's more likely that if it reaches 10,000$, people will be proven that this coin will be here to stay, and people will hoard it even faster than before, especially wallstreet whales will get very interested.

So with this fueling it can reach 1,000,000$ easily of course only time will tell, but I feel that after next year's halving we will see serious movements in the price.

I guess you are wrong on this part. Some of them are stack their bitcoin high enough and need to wait this time to dump so they will get much much profit. Although it is somehow prove this coin is ready to become mainstream but still people will try to sell high and buy low again and it will always continue like that forever so no matter how much is it worth if some them feel that this is time to dump they will always doing that
RealBitcoin
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August 20, 2015, 07:14:47 PM
 #1205

I am sorry but I think you are mistaken, it is not racism being the reason why bank transfers are high. Don't think africa as a black country, africa is pretty big bro. The very reason why transaction costs are high is because the country itself charges that amount from its people, it then treats this transaction fees as a tax and uses the money they receive for whatever they do. The govt does that because they need more money as tax, not because they black Tongue

It is still a discrimination, black-on-black is also a discrimination, not necessarly a racist one ,but some other sort.

The point I was trying to make is that bitcoin doesn't discriminate you in any shape or form: no racial,no sexual, no religious, certainly no political, and no other type of discrimination is here, so it's the ultimate form of financial liberty in my opinion.

After all discrimination is a pretty big issue nowadays, yet nobody realizes that their own currency is their biggest enemy.

setting the drama apart, I think people don't want change, and they're rather scared of it. On the other hand, people who buy btc only buy it to make a good profit, very few want to nurture btc and help it grow to the potential beast it can be. The community needs to be stronger and people need to believe what they say, not just write because they are part of a sig camp Tongue

Well i`m here to feed the beast Cheesy

But joke aside, profit is relative, some people want a quick 1% profit, some want a 100000000% profit, and since the latter takes longer time, they will hold it, and nurture it in the process,

I dont think that if BTC reaches 10,000$ everybody will just dump it. It's more likely that if it reaches 10,000$, people will be proven that this coin will be here to stay, and people will hoard it even faster than before, especially wallstreet whales will get very interested.

So with this fueling it can reach 1,000,000$ easily of course only time will tell, but I feel that after next year's halving we will see serious movements in the price.

I guess you are wrong on this part. Some of them are stack their bitcoin high enough and need to wait this time to dump so they will get much much profit. Although it is somehow prove this coin is ready to become mainstream but still people will try to sell high and buy low again and it will always continue like that forever so no matter how much is it worth if some them feel that this is time to dump they will always doing that

But you cant sell without somebody buying it, and the same amount of sellers will sell , as buy at 10000$, so its funny that you dont know how the market works.

A sell order is the exact mirror of the buy order and both need to be there in order to a transaction to get executed.

What matters is, the imbalance between supply/demand, so that either they bid the price up, or ask the price down. Cheesy

SimpleIn
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August 20, 2015, 08:01:46 PM
 #1206

Bitcoin, to the moon or bust.

I believe in bitcoin, and I believe in gold but ultimately there is only one which I would expect any sort of considerable growth upon.

Well, if you choose that? Bitcoin or gold? Smiley
MinerHQ
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August 22, 2015, 05:50:26 AM
 #1207

price gold in this week very strong already reach up to 1138 and what happen with bitcoin crashing without issue or something dropping fast just in 2 hour

Gold is limited item in the world so it will be always go in long term perspective. All these price lows are good time to buy more gold.
HarHarHar9965
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September 03, 2015, 04:29:51 PM
 #1208

price gold in this week very strong already reach up to 1138 and what happen with bitcoin crashing without issue or something dropping fast just in 2 hour

Gold is limited item in the world so it will be always go in long term perspective. All these price lows are good time to buy more gold.

you talk like you have explored and gone inside every land there is on planet earth. as long as you haven't done that, you never know for sure how much gold is left inside but yes it could be understood that there is not as much left as a noob would think. Comparing gold and bitcoin in terms of potential growth, its clear bitcoin is much more ahead but its the history and existence of gold from more than a century which really attracts people.
valiz
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September 04, 2015, 12:31:35 PM
 #1209

Gold is limited item in the world so it will be always go in long term perspective. All these price lows are good time to buy more gold.

you talk like you have explored and gone inside every land there is on planet earth. as long as you haven't done that, you never know for sure how much gold is left inside but yes it could be understood that there is not as much left as a noob would think. Comparing gold and bitcoin in terms of potential growth, its clear bitcoin is much more ahead but its the history and existence of gold from more than a century which really attracts people.

Quote
There is enough gold at the core of the earth to cover the surface of the planet in 12’ to 13’ depth. Unfortunately, it’s 1,800 miles below our feet and at many thousands of degrees.
http://thegoldlab.com/2013/12/gold-facts-much-gold-earths-core

Go get it! Grin

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bryant.coleman
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September 04, 2015, 06:40:05 PM
 #1210

Gold is limited item in the world so it will be always go in long term perspective. All these price lows are good time to buy more gold.

Gold price will increase exponentially in the long term. Right now, a large number of countries (including Russia and China) are dumping their United States treasury bonds, and are buying gold bullion bars instead. The demand is multiplying steeply. The only reason why the price is not rising is because of organized action by some of the banking cartels.
Hugroll
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September 04, 2015, 07:36:27 PM
 #1211

i would personally choose bitcoin because i believe it has a lot of potential. however i know all of my friends would choose gold because they'd see it as a more tangible item.
deisik
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September 04, 2015, 07:52:32 PM
 #1212

Gold is limited item in the world so it will be always go in long term perspective. All these price lows are good time to buy more gold.

Gold price will increase exponentially in the long term. Right now, a large number of countries (including Russia and China) are dumping their United States treasury bonds, and are buying gold bullion bars instead. The demand is multiplying steeply. The only reason why the price is not rising is because of organized action by some of the banking cartels.

I remember you saying less than a month ago that gold was heading to $900-800 an ounce. Wtf?

MinerHQ
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September 05, 2015, 09:51:38 AM
 #1213

price gold in this week very strong already reach up to 1138 and what happen with bitcoin crashing without issue or something dropping fast just in 2 hour

Gold is limited item in the world so it will be always go in long term perspective. All these price lows are good time to buy more gold.

you talk like you have explored and gone inside every land there is on planet earth. as long as you haven't done that, you never know for sure how much gold is left inside but yes it could be understood that there is not as much left as a noob would think. Comparing gold and bitcoin in terms of potential growth, its clear bitcoin is much more ahead but its the history and existence of gold from more than a century which really attracts people.

I think you need to learn some basic thing in your life because to understand how long gold is still available no need to go to each every mine but you need to have a some common sense of how to get the information in the web. If you do not know just google it or look in to wiki pages.
futurebit640
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September 05, 2015, 10:06:42 AM
 #1214

Gold is limited item in the world so it will be always go in long term perspective. All these price lows are good time to buy more gold.

Gold price will increase exponentially in the long term. Right now, a large number of countries (including Russia and China) are dumping their United States treasury bonds, and are buying gold bullion bars instead. The demand is multiplying steeply. The only reason why the price is not rising is because of organized action by some of the banking cartels.

I remember you saying less than a month ago that gold was heading to $900-800 an ounce. Wtf?

Bitcoins are a bubble that will pop. Gold is a hedge against inflation not an investment that will show consistent long term returns. Invest in traditional securities like stocks or bonds. They will give you real returns. Do your research before buying anything though. Just like you would do research before buying a computer or a dish washer, do research before investing.
HarHarHar9965
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September 05, 2015, 10:22:51 AM
 #1215

price gold in this week very strong already reach up to 1138 and what happen with bitcoin crashing without issue or something dropping fast just in 2 hour

Gold is limited item in the world so it will be always go in long term perspective. All these price lows are good time to buy more gold.

you talk like you have explored and gone inside every land there is on planet earth. as long as you haven't done that, you never know for sure how much gold is left inside but yes it could be understood that there is not as much left as a noob would think. Comparing gold and bitcoin in terms of potential growth, its clear bitcoin is much more ahead but its the history and existence of gold from more than a century which really attracts people.

I think you need to learn some basic thing in your life because to understand how long gold is still available no need to go to each every mine but you need to have a some common sense of how to get the information in the web. If you do not know just google it or look in to wiki pages.

MinerHQ, you little piece of shit, you probably believe everything you read on the internet, right? How could any person who has written such an article know exactly how much gold there is? Where'd you get your information? BBC talking about if I was a supervillain and wanted to melt gold and make a cube, how much would its size be? Yeah, I read that shit and Warren Buffet talking about it too. I wouldn't really know how much gold exists in this world because not every piece of land on earth has been dug and explored yeah? If you know so much, enlighten me about how much gold really exists?
deisik
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September 05, 2015, 10:33:23 AM
 #1216

you talk like you have explored and gone inside every land there is on planet earth. as long as you haven't done that, you never know for sure how much gold is left inside but yes it could be understood that there is not as much left as a noob would think. Comparing gold and bitcoin in terms of potential growth, its clear bitcoin is much more ahead but its the history and existence of gold from more than a century which really attracts people.

I think you need to learn some basic thing in your life because to understand how long gold is still available no need to go to each every mine but you need to have a some common sense of how to get the information in the web. If you do not know just google it or look in to wiki pages.

MinerHQ, you little piece of shit, you probably believe everything you read on the internet, right? How could any person who has written such an article know exactly how much gold there is? Where'd you get your information? BBC talking about if I was a supervillain and wanted to melt gold and make a cube, how much would its size be? Yeah, I read that shit and Warren Buffet talking about it too. I wouldn't really know how much gold exists in this world because not every piece of land on earth has been dug and explored yeah? If you know so much, enlighten me about how much gold really exists?

To both of you, gold is actually abundant in nature. There are from 8 to 20 million tons of gold dissolved in the ocean waters. But given its concentration (somewhere between 0.1 and 2.0 mg per ton, depending on location), it is uneconomical to extract it using any current technology...

HarHarHar9965
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September 05, 2015, 10:41:12 AM
 #1217

you talk like you have explored and gone inside every land there is on planet earth. as long as you haven't done that, you never know for sure how much gold is left inside but yes it could be understood that there is not as much left as a noob would think. Comparing gold and bitcoin in terms of potential growth, its clear bitcoin is much more ahead but its the history and existence of gold from more than a century which really attracts people.

I think you need to learn some basic thing in your life because to understand how long gold is still available no need to go to each every mine but you need to have a some common sense of how to get the information in the web. If you do not know just google it or look in to wiki pages.

MinerHQ, you little piece of shit, you probably believe everything you read on the internet, right? How could any person who has written such an article know exactly how much gold there is? Where'd you get your information? BBC talking about if I was a supervillain and wanted to melt gold and make a cube, how much would its size be? Yeah, I read that shit and Warren Buffet talking about it too. I wouldn't really know how much gold exists in this world because not every piece of land on earth has been dug and explored yeah? If you know so much, enlighten me about how much gold really exists?

To both of you, gold is actually abundant in nature. There are from 8 to 20 million tons of gold dissolved in the ocean waters. But given its concentration (somewhere between 0.1 and 2.0 mg per ton, depending on location), it is uneconomical to extract it using any current technology...

that was the next argument I was going to post after his response Tongue Technology always has room to evolve and there will be a stage where extracting this gold is feasible, the only question which would remain unanswered is if gold would still be relevant enough to carry on further? The future of no asset could be determined for a prolonged period, only speculated.
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September 09, 2015, 12:51:42 PM
 #1218

yes bitcoin its is real gold
because bitcoin is a digital money to send anywhere anytime
it is easy to mining
afriezalie
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September 09, 2015, 01:04:07 PM
 #1219

I can't choose between bitcoin and gold. They have their own advantages. For bitcoin, it's easy to buy, sell, and send to others but it's price fluctuation is a horrible things. In other side, gold has more stabilize price than bitcoin, but you needs official license to sell it with high price and it's harder to send gold to your family.
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September 09, 2015, 01:15:02 PM
 #1220

gold you can keep and its a 90% certain that the pruduct will grow into 200% just into 10 years its more then relable and bitcoin its good to mesure and grow buy work soo you can have both no but btc its more usable to buy things especialy the small amounts and gamble and trade and use into sites to grow

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