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Author Topic: Bitcoin investors now moving to gold  (Read 19938 times)
markj113
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February 01, 2019, 12:06:55 PM
 #61

Some people call this news a fud.

it is not FUD, it is bullshit. there is a difference.

bitcoin investors don't go for gold, they either already have gold as their other investment for diversification purposes or they don't. what they never do is to sell bitcoin to buy gold instead! not to mention that at this point, everyone is either sucking their greed up and are accumulating bitcoin before the big rise begins or are greedy and are waiting for their dream price to buy bitcoin.

I dumper over 100BTC and put it into gold and others have too
imstillthebest
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February 01, 2019, 12:27:48 PM
 #62

Some people call this news a fud.

it is not FUD, it is bullshit. there is a difference.

bitcoin investors don't go for gold, they either already have gold as their other investment for diversification purposes or they don't. what they never do is to sell bitcoin to buy gold instead! not to mention that at this point, everyone is either sucking their greed up and are accumulating bitcoin before the big rise begins or are greedy and are waiting for their dream price to buy bitcoin.

I dumper over 100BTC and put it into gold and others have too

Oh really ? When was the time you've done that ?  100 btc is too much and you could move the price downwards all by yourself but your decision was bad because you didnt know that bitcoin is the only one asset that can give you a 4 to 6 times return and gold or other investment options cannot obviously do that . poor little guy :|
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February 01, 2019, 01:19:28 PM
Last edit: February 01, 2019, 01:32:30 PM by markj113
 #63

Some people call this news a fud.

it is not FUD, it is bullshit. there is a difference.

bitcoin investors don't go for gold, they either already have gold as their other investment for diversification purposes or they don't. what they never do is to sell bitcoin to buy gold instead! not to mention that at this point, everyone is either sucking their greed up and are accumulating bitcoin before the big rise begins or are greedy and are waiting for their dream price to buy bitcoin.

I dumper over 100BTC and put it into gold and others have too

Oh really ? When was the time you've done that ?  100 btc is too much and you could move the price downwards all by yourself but your decision was bad because you didnt know that bitcoin is the only one asset that can give you a 4 to 6 times return and gold or other investment options cannot obviously do that . poor little guy :|

I sold an element for cash and purchased gold locally.

The majority of gold I purchased directly with BTC on silvergoldbull (shipped from Canada)

I did it when the price was significantly higher than it is now, bitcoin can possibly make you 4X - 6X profit but it can also wipe out 80% of wealth like it has currently.

Gold is currently at an all time high in 72 currencies, I am happy with my decission and sleep easy at night.

p.s also purchased a Lamborghi Gallardo LP560-4 Spyder with my profits too Wink
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February 01, 2019, 01:39:02 PM
 #64

Some people call this news a fud.

it is not FUD, it is bullshit. there is a difference.

.

Love this one lol 😆

Gold is always been a investment in the real world and people even the crypto investors don't wanna lose the chance of having some gold on their volts so literally those people on the news only adding some part of their money from crypto to gold but the totality is still waiting to re invest in this community
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February 01, 2019, 02:39:03 PM
 #65

This is a generalized version, and in fact only a few can do this. True crypt liters remain in it, buying each time something new from the market, those who are a little afraid for their money, buy gold, but still do not completely leave the market.
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February 01, 2019, 02:47:30 PM
 #66

Bitcoin investors are now moving to gold citing the cryptocurrency’s issues with liquidity and store of value.


Read more here: https://www.unblock.news/news/bitcoin-investors-now-moving-to-gold

There is a strong possibility that some people who ae into cryptocurrency like Bitocin are moving to gold and this can be for many reasons they know and feel compleed to decide. Well, this can never be alarming as movement from one investment vehicle to another is just a natural occurence...there is no fixed strategy when you are an investor. In my opinion, maybe there are those who think that the bearish market is getting to be risky and they are looking for a less volatile investment tool like gold. However, when things are good again (and I hope that happen soon) then these people can easily go back to cryptocurrency almost in an instant.
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February 01, 2019, 02:50:33 PM
 #67

I do not appreciate the choice of investors who invest in gold. Gold is one of the precious metals, but it cannot be as volatile as Bitcoin. Investors are looking for profits so choose risky options because this is more profitable than investing in gold.

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February 01, 2019, 02:50:36 PM
 #68

Wait for a moment. We don't know if they are really moving to gold because that is news which we cannot know if it's true or not. Maybe that news wants to make people in cryptocurrency fear for seeing the market cannot recover so far. But I don't think that cryptocurrency will end this day because it's still beginning the era of the digital technologies and I am sure that if people were moving to gold, then they will regret it in someday because, in that time, cryptocurrency will be on the high price.

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February 01, 2019, 02:55:01 PM
 #69

This is a fud, those investors already have investment in gold not that they're just moving from bitcoin to gold. Even at that more and more sectors are now accepting cryptocurrency mostly bitcoin and i don't think this should  be a reason to worry about.

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February 01, 2019, 03:04:42 PM
 #70

LOL  Grin Comparing bitcoin to gold is like the worst thing to do. I can't think of migrating from bitcoin to gold as there is a huge difference in both.
The volatility is a huge difference in both. It would be hard for people to gain big profits in a short time if they invest in Gold.
Besides that they will also have to carefully keep the Gold in a safe place and safeguard it from thieves. It sure is a burden.

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February 01, 2019, 03:10:01 PM
 #71

Bullshit.

Correct title is, Bitcoin investors own gold too.  I am a bitcoin investor and I am abandoning neither. The only thing I'm abandoning is FIAT. (slowly) If I had to choose between Gold and Bitcoin, I would choose Bitcoin because you can't buy your groceries with gold coins. Gold's use as a currency is non-existent and it is not coming back. It is over for gold.
Why do you think Crypto investors also invest in gold?
Cryptocurrency created because it wanted to replace FIAT so why are they still trying to spend on FIAT, they fear that Crypto will fail in this battle or they think Crypto cannot replace FIAT?

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February 01, 2019, 03:43:58 PM
 #72

It could be but I don't think there are many of them shifting their loyalty from bitcoin to gold. This is clearly a fud. It is more reliable if the article says that the investors of gold also investing bitcoin. Aside from this I don't think their is another way of statement to beautify the statement.

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February 01, 2019, 04:15:37 PM
 #73

It could be but I don't think there are many of them shifting their loyalty from bitcoin to gold. This is clearly a fud. It is more reliable if the article says that the investors of gold also investing bitcoin. Aside from this I don't think their is another way of statement to beautify the statement.

That's where you are going wrong.

It's an investment, loyalty doesn't come into it.
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February 01, 2019, 05:14:24 PM
 #74

Bitcoin investors are now moving to gold citing the cryptocurrency’s issues with liquidity and store of value.


Read more here: https://www.unblock.news/news/bitcoin-investors-now-moving-to-gold

I won't believe this entirely and neither should you and what we should understand is nothing on the internet specially news regarding bitcoin and cryptocurrencies should believe at once because governments, Media, Other central organizations and Individuals who are among us spread nonsense regarding bitcoin and crypto without any solid proof so at the end many loose there money and time due taking wrong decisions in a hurry  by panicking

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February 01, 2019, 05:39:21 PM
 #75

Bitcoin investors are now moving to gold citing the cryptocurrency’s issues with liquidity and store of value.

We should not be astounded by this news, we have seen bitcoin reach $20,000 and fall to $3000 and it would be natural for people to think that bitcoin will never reach $20,000 again. Then people will look for other investments that are safer and more profitable. We can not force people to keep their bitcoins

I won't believe this entirely and neither should you...

this may be true, look at the current price and the price of 2017, it's clear that people are coming out of bitcoin and cryptos in general

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February 01, 2019, 09:07:57 PM
 #76

Lol, can you please stop spreading those absurd news? What are you gaining by doing this. At least read and try to understand whats written on the article is legitimate or some sort of FUD to keep new investors away and send fill the current investors mind with confusion. Trust me, just stick with bitcoin and you won't be regretting.

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February 01, 2019, 10:11:59 PM
 #77

I don't think people did remove gold from their vocabulary totally because of bitcoin by the way. I believe that though many crypto holders have full trust in bitcoin and have not really given attention on gold, it doesnt mean gold became lesser in value. gold is tested and proven even from the beginning of times and still until now valuable, so if bitcoin investors have shifted to gold now that bitcoin price is down, their decisions are justified. they can't be blamed.

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February 01, 2019, 11:17:27 PM
 #78

I don't think investors are switching to gold. After all, any thinking person understands that bitcoin is also a very profitable investment and now it would be foolish to sell it in order to invest in gold. It's better to keep both.

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February 02, 2019, 02:05:09 AM
 #79

I don't think people did remove gold from their vocabulary totally because of bitcoin by the way. I believe that though many crypto holders have full trust in bitcoin and have not really given attention on gold, it doesnt mean gold became lesser in value. gold is tested and proven even from the beginning of times and still until now valuable, so if bitcoin investors have shifted to gold now that bitcoin price is down, their decisions are justified. they can't be blamed.
Agreee I think just because of bitcoin, someone won't get rid of sight or get away from gold. of course we know the capacity and potential of gold, Im sure that not all users leave gold for bitcoin right ? some even combine it? and that doesn't matter, even get more profit
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February 02, 2019, 03:39:19 AM
 #80

Some people call this news a fud.

it is not FUD, it is bullshit. there is a difference.

bitcoin investors don't go for gold, they either already have gold as their other investment for diversification purposes or they don't. what they never do is to sell bitcoin to buy gold instead! not to mention that at this point, everyone is either sucking their greed up and are accumulating bitcoin before the big rise begins or are greedy and are waiting for their dream price to buy bitcoin.

I dumper over 100BTC and put it into gold and others have too

Oh really ? When was the time you've done that ?  100 btc is too much and you could move the price downwards all by yourself but your decision was bad because you didnt know that bitcoin is the only one asset that can give you a 4 to 6 times return and gold or other investment options cannot obviously do that . poor little guy :|

I sold an element for cash and purchased gold locally.

The majority of gold I purchased directly with BTC on silvergoldbull (shipped from Canada)

I did it when the price was significantly higher than it is now, bitcoin can possibly make you 4X - 6X profit but it can also wipe out 80% of wealth like it has currently.

Gold is currently at an all time high in 72 currencies, I am happy with my decission and sleep easy at night.

p.s also purchased a Lamborghi Gallardo LP560-4 Spyder with my profits too Wink

i stand on what i said and you may not know it but you just agreed with me. i suggest you read the bold part of your own comment and then go on the bullshit website of OP and read the first line there. here let me help you with that:
"Bitcoin investors are now moving to gold". and it is published on January 2019 not when we were near ATH.

in short OP is trying to convince us that NOW that the drop has practically ended and it is near the bottom or in other words 85% below the ATH, the bitcoin investors are selling their bitcoins to go into gold!

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