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Author Topic: Re: Will people come back to gold  (Read 1530 times)
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trickyriky
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June 20, 2019, 09:00:20 PM
 #181

With the advent of cryptocurrency, one should hardly assume that the attitude of people to gold has changed dramatically. Few priorities have shifted investment of their funds, some of them began to invest in cryptocurrency. However, in general, gold. has not ceased to be a reliable repository of our savings. Therefore, far-sighted people never departed from gold and generally traditional means of storing their savings. You can earn in a cryptocurrency, but you should definitely keep your profits at least partially in traditional means, including gold.

Nothing has changed here. Still, peoply are sure if they have gold, they have confidence in their future. With cryptocurrencies, we have a chance to earn well, but we do not have this confidence. Crypto is too volatile.

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June 20, 2019, 10:57:46 PM
 #182

Gold will always be king, because it has intrinsic value.
maybe I don't fully agree with you, even though we must admit that gold can be a very good investment, but those who already know about crypto will definitely say that for long-term and short-term investments and can be very profitable it is definitely crypto compared to gold of course.

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June 20, 2019, 11:01:18 PM
 #183

There is nothing as coming back to gold, already each and every user of cryptocurrency consider bitcoin as an added opportunity to make profiting as the market value is volatile. As the market is regulated as well have got years of history people give importance as an asset that can secure of funds under an market condition. This way gold gets priority even among the professional traders of bitcoin.
Exactly.Gold has existed already a hundred years ago and up to the present,people are still holding gold for investment.Bitcoin is just another way to make huge profits so for sure people are also seizing this opportunity to make them more profitable more than what gold can offer to them.They did not leave gold,they only add bitcoin as their source of profits.

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June 20, 2019, 11:18:19 PM
 #184

not if we start interstellar mining. People do not realize that gold exists outside of just our planet
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June 20, 2019, 11:37:45 PM
 #185

There is nothing as coming back to gold, already each and every user of cryptocurrency consider bitcoin as an added opportunity to make profiting as the market value is volatile. As the market is regulated as well have got years of history people give importance as an asset that can secure of funds under an market condition. This way gold gets priority even among the professional traders of bitcoin.
Exactly.Gold has existed already a hundred years ago and up to the present,people are still holding gold for investment.Bitcoin is just another way to make huge profits so for sure people are also seizing this opportunity to make them more profitable more than what gold can offer to them.They did not leave gold,they only add bitcoin as their source of profits.
This is the reality with the market, gold with its years of history and varied usage around the globe gained importance as an investment. Further what we experience with bitcoin is entirely new from that of gold which is completely physical asset backed. As said people won't get back to gold, they have bitcoin added to the list of investment asset for profiting and gold will be kept as safety reserve.

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June 21, 2019, 03:28:23 AM
 #186

There is nothing as coming back to gold, already each and every user of cryptocurrency consider bitcoin as an added opportunity to make profiting as the market value is volatile. As the market is regulated as well have got years of history people give importance as an asset that can secure of funds under an market condition. This way gold gets priority even among the professional traders of bitcoin.
Exactly.Gold has existed already a hundred years ago and up to the present,people are still holding gold for investment.Bitcoin is just another way to make huge profits so for sure people are also seizing this opportunity to make them more profitable more than what gold can offer to them.They did not leave gold,they only add bitcoin as their source of profits.
as good investment portofolio, we should not leave gold.moreover in few days ago gold price rising.as safe heaven in finance market , gold price has good opportunity to keep rising in hit new all time high again,it have similarity with bitcoin.

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June 21, 2019, 04:48:52 AM
 #187

How come many investor will come back to the gold investment where bitcoin always giving higher price just short period, will they want take less profit with gold or higher profit with bitcoin investment.

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June 21, 2019, 05:20:48 AM
 #188

Still, people have very strong faith towards Gold compared to Bitcoin because only a few percentages of people entered into the crypto market. So Gold is a physical entity where people will invest more percentage into Gold compared to cryptocurrency.

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June 21, 2019, 07:12:44 AM
 #189

Still, people have very strong faith towards Gold compared to Bitcoin because only a few percentages of people entered into the crypto market. So Gold is a physical entity where people will invest more percentage into Gold compared to cryptocurrency.
until now, gold is still the target to be obtained. it's just that, because of the difficulty of producing gold, people shift their focus to other things like work, and other businesses. if there is an opportunity, of course people will refocus on looking for gold. for now, I think many people are still looking for that.

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June 21, 2019, 07:44:42 AM
 #190

LOL, funny you op what makes you think that the shit posters are still not going to mess this one up, unless you're out to be moderating this topic all the time. As for Gold coming back, that is for sure. Interest for gold has been growing more and more as of recent. But if you don't mind, what do you mean by what you said - Iran and its crypto will be backed by Gold? If Iran has a cryptocurrency, then I know nothing about it. You mind explaining that? If they do have cryptocurrency of their own, what's the name of the crypto and for how long now has it been around and is it centralized?
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June 21, 2019, 02:07:36 PM
 #191

Still, people have very strong faith towards Gold compared to Bitcoin because only a few percentages of people entered into the crypto market. So Gold is a physical entity where people will invest more percentage into Gold compared to cryptocurrency.
until now, gold is still the target to be obtained. it's just that, because of the difficulty of producing gold, people shift their focus to other things like work, and other businesses. if there is an opportunity, of course people will refocus on looking for gold. for now, I think many people are still looking for that.

until now the community was still focused on gold. because gold has a high enough value. but getting it is sometimes difficult, and it's not easy. same as bitcoin. of course to get bitcoin is also quite difficult. although it is equally difficult to obtain but gold is in great demand.
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June 21, 2019, 02:37:14 PM
 #192

Gold will always be king, because it has intrinsic value.
maybe I don't fully agree with you, even though we must admit that gold can be a very good investment, but those who already know about crypto will definitely say that for long-term and short-term investments and can be very profitable it is definitely crypto compared to gold of course.
but if in my own opinion if the bitcoin like yesterday's price experienced a drastic decline in a long time it is likely that people will definitely return to gold because the level of gold risk with bitcoin is lower in gold which makes many people invest there


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fauxLes
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June 21, 2019, 02:52:39 PM
 #193

Currently it seems that Russia is buying and hoarding gold. Markets typically start buying gold when there is an imminent threat of destabilization. That being said different groups read signals differently. Nevertheless over a long enough period gold is incredibly stable and keeps its value. The purchasing power of gold seems to be very similar to what it was 1000 years ago. I find gold tokenization fascinating. The problem often comes in with the physical storage of the gold. Thats an added layer of trust or distrust unfortunately.

I don't think China and Russia are going to stop hoarding gold anytime soon.
syamster
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June 21, 2019, 08:02:44 PM
 #194

Gold will always be king, because it has intrinsic value.
maybe I don't fully agree with you, even though we must admit that gold can be a very good investment, but those who already know about crypto will definitely say that for long-term and short-term investments and can be very profitable it is definitely crypto compared to gold of course.
but if in my own opinion if the bitcoin like yesterday's price experienced a drastic decline in a long time it is likely that people will definitely return to gold because the level of gold risk with bitcoin is lower in gold which makes many people invest there
No it is not true  gold does not have good value in the market, people are getting profit from investing in crypto currency but gold has very low safety and increasing capacity, when you invest in bitcoin it gives certainty about profit and give you promising safety, but gold has only name in jewelry department, gold is not profitable investment.

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LeGaulois
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June 21, 2019, 08:20:46 PM
 #195

Gold will always be king, because it has intrinsic value.
maybe I don't fully agree with you, even though we must admit that gold can be a very good investment, but those who already know about crypto will definitely say that for long-term and short-term investments and can be very profitable it is definitely crypto compared to gold of course.
but if in my own opinion if the bitcoin like yesterday's price experienced a drastic decline in a long time it is likely that people will definitely return to gold because the level of gold risk with bitcoin is lower in gold which makes many people invest there
No it is not true  gold does not have good value in the market, people are getting profit from investing in crypto currency but gold has very low safety and increasing capacity, when you invest in bitcoin it gives certainty about profit and give you promising safety, but gold has only name in jewelry department, gold is not profitable investment.

Gold doesn't have a good value? How that come? If people are getting profits with cryptocurrencies you don't mention all the people who lost everything. Strange. You don't mention the hacked exchanges and so on but you talk to say gold isn't safe Cheesy.
Look like you still didn't understand Bitcoin, It doesn't give you the guarantee to make profits, It's just a fantasy in your head. Otherwise, everybody would have already invested in.

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June 22, 2019, 09:44:15 AM
 #196

Some people have suggested that bitcoin or crypto currencies in general will take the place of gold as a means of holding and transferring wealth outside of the conventional banking system and fiat money. However, whilst the current volatility in crypto currencies may attract investors as traders, it is that volatility that will likely deter its use for the foreseeable future as a substitute for gold.
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June 22, 2019, 08:07:17 PM
 #197

if there is a cycle in the world and everything ends with what began, then in any case gold will always have value.  but it’s very good that in the cryptocurrency market there are quite a lot of cryptocurrencies and different projects that offer different services and their possible uses.  If we compare Bitcoin with gold, because of their limited quantity, then we must first understand how to create a full-fledged infrastructure for its use, since gold is used only as a means for investment.

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June 22, 2019, 08:27:59 PM
 #198

if there is a cycle in the world and everything ends with what began, then in any case gold will always have value.  but it’s very good that in the cryptocurrency market there are quite a lot of cryptocurrencies and different projects that offer different services and their possible uses.  If we compare Bitcoin with gold, because of their limited quantity, then we must first understand how to create a full-fledged infrastructure for its use, since gold is used only as a means for investment.

except its also used for jewellery, dental, electronics and industrial processes.

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June 23, 2019, 01:15:07 PM
 #199

if there is a cycle in the world and everything ends with what began, then in any case gold will always have value.  but it’s very good that in the cryptocurrency market there are quite a lot of cryptocurrencies and different projects that offer different services and their possible uses.  If we compare Bitcoin with gold, because of their limited quantity, then we must first understand how to create a full-fledged infrastructure for its use, since gold is used only as a means for investment.

except its also used for jewellery, dental, electronics and industrial processes.



actually gold with bitcoin is quite different. although the price of gold is quite high, bitcoin can also increase. but if bitcoin is a digital coin and gold is an item that can be made for jewelry. so it's quite different from bitcoin. but for now bitcoin is still still in great demand by people, so of course it's very different. therefore everyone does not necessarily choose gold for investment or anything else.



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June 23, 2019, 01:47:18 PM
 #200

Gold will always be king, because it has intrinsic value.
maybe I don't fully agree with you, even though we must admit that gold can be a very good investment, but those who already know about crypto will definitely say that for long-term and short-term investments and can be very profitable it is definitely crypto compared to gold of course.
if in my opinion it is likely later when the crypto currency is no longer crowded and abandoned by the devotees, the problem is that gold is one of the most popular and promising investments from the past until now. so it could be that the person returned to invest in gold



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