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Author Topic: Bitcoin or gold?  (Read 984414 times)
Herbert2020
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May 08, 2016, 06:17:09 AM
 #3061

I would really go for the bitcoin because of the patience you need with gold, I do not want to wait for such a long time to make profit.

patience is obvious for both. if Gold need more patience it is also have more profit then bitcoin. you can sell gold also for less profit if you can't wait. and if you hold bitcoin for long time you also get more profit.  so I think both are equally important and have advantages.

Agree. And besides when taking profit for both gold and bitcoin we don't need to wait for that long. It's just a matter of take profits and don't be greedy when you sees profit because sometimes the output you like is not what exactly that will happened.

True the secound bitcoin gets a real value people will mass dump and maybe kill it.
But now it will not be that much easier for the people to dump it so easily and to kill it as now it is diversified to all over the world and it has a lot of owners and so if one will dump the others will not agree to dump.

he is comparing bitcoin market (a 7 billion dollars) market with a shitty thousand or even million dollar market. this is a wrong comparison because bitcoin is so much bigger and also it is more spread than anything else so the dump (if it happens) will never be big. even whales are not a couple of people, there are a lot of whales and a lot of smaller whales and a lot of other small investors.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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May 08, 2016, 06:22:49 AM
 #3062

I think investing in both is the best idea.

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May 08, 2016, 06:42:47 AM
 #3063

I think investing in both is the best idea.
how can you say that investing in them is a good thing? What have you tried?
and can we profit in bitcoin and gold simultaneously? of course it would be quite beneficial?

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May 08, 2016, 06:50:19 AM
 #3064

I think investing in both is the best idea.
how can you say that investing in them is a good thing? What have you tried?
and can we profit in bitcoin and gold simultaneously? of course it would be quite beneficial?

Gold can give you good returns in long run while bitcoin will take care of you in short term, it depends on you  how fast  you want to earn profits.
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May 08, 2016, 07:25:37 AM
 #3065

Gold can give you good returns in long run while bitcoin will take care of you in short term, it depends on you  how fast  you want to earn profits.

I will agree to your statement that Gold will give good returns in the long-term. If you want to profit from investment in gold, then you need to hold them for at least 10 years. 20 to 30 years is advisable. However Bitcoin is also more suited to the medium and long term. I have a feeling that if we hold our coins for 5-6 years, then we will be able to get good profit.
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May 08, 2016, 07:29:48 AM
 #3066

Gold can give you good returns in long run while bitcoin will take care of you in short term, it depends on you  how fast  you want to earn profits.

I will agree to your statement that Gold will give good returns in the long-term. If you want to profit from investment in gold, then you need to hold them for at least 10 years. 20 to 30 years is advisable. However Bitcoin is also more suited to the medium and long term. I have a feeling that if we hold our coins for 5-6 years, then we will be able to get good profit.

Yeah but the major issue is people are not willing to wait even for 5 years, they expect to earn profits on the spot which is never possible.
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May 08, 2016, 07:33:14 AM
 #3067

Yeah but the major issue is people are not willing to wait even for 5 years, they expect to earn profits on the spot which is never possible.

Patience is the key. If it was possible to double the investment in three months time, then everyone in this world would be a millionaire. If you don't have the patience to wait for a few years, then don't invest. This is applicable to all types of investment, such as bullion, real estate, Bitcoin, and equity. HYIPs can give you profits in the short term, but they are extremely risky and unreliable.
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May 08, 2016, 07:59:08 AM
 #3068

Yeah but the major issue is people are not willing to wait even for 5 years, they expect to earn profits on the spot which is never possible.

Patience is the key. If it was possible to double the investment in three months time, then everyone in this world would be a millionaire. If you don't have the patience to wait for a few years, then don't invest. This is applicable to all types of investment, such as bullion, real estate, Bitcoin, and equity. HYIPs can give you profits in the short term, but they are extremely risky and unreliable.

Agreed if you don't have patience then you can never earn profits on your investments, as every investment needs patience and if you have it then you can earn good profits in future.
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May 08, 2016, 09:18:16 AM
Last edit: May 08, 2016, 01:39:03 PM by deisik
 #3069

Yeah but the major issue is people are not willing to wait even for 5 years, they expect to earn profits on the spot which is never possible.

Patience is the key. If it was possible to double the investment in three months time, then everyone in this world would be a millionaire. If you don't have the patience to wait for a few years, then don't invest. This is applicable to all types of investment, such as bullion, real estate, Bitcoin, and equity. HYIPs can give you profits in the short term, but they are extremely risky and unreliable.

Agreed if you don't have patience then you can never earn profits on your investments, as every investment needs patience and if you have it then you can earn good profits in future

If you have nothing else but patience to rely on (in respect to profits in some distant future), you are most likely bitching your investment (let alone time). It is natural to expect earning profits right from the start (this is where risk management kicks in, just in case) unless you are dead certain about what you are doing. But in the latter case you don't need patience in the sense you meant it...

In short, if you feel lack of patience, you might be doing it wrong

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May 08, 2016, 09:25:08 AM
Last edit: May 08, 2016, 11:32:29 AM by Amph
 #3070

Gold in my opinion would be much more safe. However, Bitcoin will give the bigger return.

Bitcoin will not give the bigger return, bitcoin just return your money faster and also bitcoin is much simpler to buy or sell but need to avoid a scammers.

bitcoin has a high chance of growing bigger and faster so yes it will give you a higher return then gold, good luck waiting for gold to increase even near 100%, bitcoin already proven that it can increase ten fold easily

How long should we wait? I remember you telling that for quite a long time now, wtf

this year, be patient, after the halving, a big hype will push the price up, all i care is the new bottom that will see the light, not the ath not the dump after it not anything else
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May 08, 2016, 09:34:28 AM
 #3071

Gold in my opinion would be much more safe. However, Bitcoin will give the bigger return.

Bitcoin will not give the bigger return, bitcoin just return your money faster and also bitcoin is much simpler to buy or sell but need to avoid a scammers.

bitcoin has a high chance of growing bigger and faster so yes it will give you a higher return then gold, good luck waiting for gold to increase even near 100%, bitcoin already proven that it can increase ten fold easily

How long should we wait? I remember you telling that for quite a long time now, wtf

this year, be patient, after the halving, a big hype will push the price up, all i care is the enw bottom that will see the light not the ath not the dump after it not anything else

Didn't it get canceled after all, wtf?

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May 08, 2016, 09:37:13 AM
 #3072


this year, be patient, after the halving, a big hype will push the price up, all i care is the enw bottom that will see the light not the ath not the dump after it not anything else

And what happens after the halving hype dies down, price crash?

Is everyone going to dump on the halving, what if the halving is allready priced in and no significant price increase is seen (which I think is better long term)
bryant.coleman
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May 08, 2016, 11:14:20 AM
 #3073

Didn't it get canceled after all, wtf?

OMG... From where did you got that news? And how can the halving be cancelled? It is not possible to do that, right? By some way if they cancel the halving, then Bitcoin can crash from the current rate of $450 per coin to $4.50 per coin. The main attractiveness of Bitcoin is that it is protected from inflation. If that factor is gone, who will collect the coins?
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May 08, 2016, 11:32:06 AM
 #3074


this year, be patient, after the halving, a big hype will push the price up, all i care is the enw bottom that will see the light not the ath not the dump after it not anything else

And what happens after the halving hype dies down, price crash?

Is everyone going to dump on the halving, what if the halving is allready priced in and no significant price increase is seen (which I think is better long term)

yes price crash, but a new bottom will be there increasing the average value of bitcoin, the same as the last pump and dump, when it went to 1200 and then down to 200, 200 was still higher than 60, before the rally to 1200

Didn't it get canceled after all, wtf?

are you making this up, it was never mentioned that it will ever be cancelled, also it need an hard fork, and it go against the fundamentals rules of bitcoin...aka it will never happen
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May 08, 2016, 01:01:21 PM
 #3075

I think investing in both is the best idea.
how can you say that investing in them is a good thing? What have you tried?
and can we profit in bitcoin and gold simultaneously? of course it would be quite beneficial?

Gold can give you good returns in long run while bitcoin will take care of you in short term, it depends on you  how fast  you want to earn profits.

and bitcoin give you multiple return Roll Eyes
if you first player in bitcoin, if you old player and buying bitcoin at first time , now you are richman Roll Eyes

for me buying bitcoin now is not late, we will see 2nd skyline in future ( $1000 )

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May 08, 2016, 01:31:30 PM
 #3076

Didn't it get canceled after all, wtf?

OMG... From where did you got that news? And how can the halving be cancelled? It is not possible to do that, right? By some way if they cancel the halving, then Bitcoin can crash from the current rate of $450 per coin to $4.50 per coin. The main attractiveness of Bitcoin is that it is protected from inflation. If that factor is gone, who will collect the coins?

Rumors have been circulating, questions have been asked. The theory is that, to keep miners busy, mining profitable and Bitcoin infrastructure ticking, Bitcoin price needs constant bid up (well, most of the time). As you might have seen, the recent surge from $200 up to and over $400 seems to have exhausted itself...

So is time really running out for Bitcoin?

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May 08, 2016, 01:35:20 PM
 #3077

Didn't it get canceled after all, wtf?

are you making this up, it was never mentioned that it will ever be cancelled, also it need an hard fork, and it go against the fundamentals rules of bitcoin...aka it will never happen

I just asked. But never mind, there were a few threads as of recent questioning whether the coming halving should be canceled, so no smoke without fire?

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May 08, 2016, 02:05:04 PM
 #3078

Didn't it get canceled after all, wtf?

are you making this up, it was never mentioned that it will ever be cancelled, also it need an hard fork, and it go against the fundamentals rules of bitcoin...aka it will never happen

I just asked. But never mind, there were a few threads as of recent questioning whether the coming halving should be canceled, so no smoke without fire?

No it will not cancel and it will make the price of bitcoins increase. But the supply of bitcoins will be limited into 21 million soon. Don't believe that rumors that bitcoin halving will be cancelled.



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May 08, 2016, 02:16:03 PM
 #3079

Didn't it get canceled after all, wtf?

are you making this up, it was never mentioned that it will ever be cancelled, also it need an hard fork, and it go against the fundamentals rules of bitcoin...aka it will never happen

I just asked. But never mind, there were a few threads as of recent questioning whether the coming halving should be canceled, so no smoke without fire?

No it will not cancel and it will make the price of bitcoins increase. But the supply of bitcoins will be limited into 21 million soon. Don't believe that rumors that bitcoin halving will be cancelled.


Bitcoin halving will be surely done in the month of July and its not gonna canceled, so investing in bitcoin at a moment is the best thing to do.
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May 08, 2016, 02:39:36 PM
 #3080

Didn't it get canceled after all, wtf?

are you making this up, it was never mentioned that it will ever be cancelled, also it need an hard fork, and it go against the fundamentals rules of bitcoin...aka it will never happen

I just asked. But never mind, there were a few threads as of recent questioning whether the coming halving should be canceled, so no smoke without fire?

No it will not cancel and it will make the price of bitcoins increase. But the supply of bitcoins will be limited into 21 million soon. Don't believe that rumors that bitcoin halving will be cancelled.


Bitcoin halving will be surely done in the month of July and its not gonna canceled, so investing in bitcoin at a moment is the best thing to do.

But No people can give guarantee bitcoin will be rise after/before blockhalving done  Undecided
so better sell some of your bitcoin now and save some for future too.
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