cafetools
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 12, 2020, 09:05:44 AM |
|
BTC, gold, and the stock market all crashed prettymuch equally due to the corona virus. Just look at all 3 graphs. Bitcoin is going to be the most profitable investment from here on out of course.
HODL for a year or 2 and we are going to see a 100k BTC. Wheras gold has only risen $600 over the last 5 years. current gold price $1600.
|
Hoddle long BTC (the mother) and a few others!
|
|
|
noormcs5
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 12, 2020, 09:27:44 AM |
|
Why not both? It's better than choose only one.
My suggestion if you want more safe investment, pick gold. Since gold is from long time ago, well known from everyone, and stable price. But gold doesn't have high return.
If you want more risky, pick bitcoin. Bitcoin price is very volatile and have potential high return or loss.
As a famous saying, "Never put your all eggs in the same basket", it is a good idea to keep your funds in both gold and bitcoins. Seeing the current economic crisis, the paper money will lose its value very quick and stocks are not safe. I will urge everyone to take out their saved money from the banks and invest in these two assets, Gold and Bitcoins.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
kryptqnick
Legendary
Offline
Activity: 3206
Merit: 1399
Join the world-leading crypto sportsbook NOW!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 12, 2020, 10:37:23 AM |
|
FACT: BitCoin grew up in an Economic Bubble, we are now in an ECONOMIC CRISIS that is just getting started and will last for MANY YEARS after the COVID-19 virus is cured. BitCoins 50 % CRASH at the start of the economic crisis should worry everyone as we now know how BitCoin reacted to its first real crisis. FACT: Gold has gone up in value in response to the crisis, and it is virtually IMPOSSIBLE to buy gold actual gold coins now, everyone wants gold, but no one is selling. This should clue in even the dumbest people as to where the real price is going. NO ONE here would have predicted these facts just a few months ago. If I had posted this in January, most people here would have been ridiculing and denying the above facts, and telling everyone to just ignore it as FUD. THE QUESTION IS: Is anyone here starting to figure things out yet ? Or has reality not hit you had enough yet ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Which will go up more from today: GOLD or BITCOIN Vote, and post your answer below. Months pass quickly, we will look back and prove who is a wise investor, and who is a fool. https://i.imgur.com/u6MUK2l.jpgOkay, I know that for some reason you like to hang out on this forum and spread anti-Bitcoin stuff, but I'll try mature communication here anyway. So the truth is, we don't know what'll happen with Bitcoin. It's too new, it's too volatile, the situation is quite unique for it. So counting on Bitcoin as a safe haven in this crisis is probably a bad idea. Gold, on the other hand, has been around for a while, so luckily, we can analyze it better. The best time for gold was in 2011 with $57.5k per kilo. During the previous economic crisis, it went up and down but eventually cost around 20% more than when it began and never went significantly down. So gold seems to be a safe option if one wants to preserve what one already has. However, if one's looking for profit rather than stability, gold when up about 6x over the last 20 years with the last 10 years being more about recovery than growth. Bitcoin, on the other hand, went from $100 in 2013 to $7k which is its current price. The risks are huge but the profit is also incomparably bigger. Now, since Bitcoin did not go through a global economic crisis before, we cannot know how it'll behave, so all of that being said, gold definitely seems like a safer bet right now (but I won't go for it anyway).
|
|
|
|
Lucius
Legendary
Offline
Activity: 3346
Merit: 5994
Crypto Swap Exchange🈺
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 12, 2020, 11:05:32 AM |
|
Vote, and post your answer below. Months pass quickly, we will look back and prove who is a wise investor, and who is a fool.
Comparing an asset that has existed for thousands of years (gold) with BTC that originated just over 10 years ago doesn't really make sense. Of course, gold is less volatile and people trust it more, so it will go much better in every crisis, including this present one and the one that is yet to come. Also, BTC price dump is something that was only temporary, the recovery quickly followed, and gold is also go down at that time around 6%. In last 20 years gold is up by some 500%, today it is down almost 3% - in last 10 years BTC is up from 0 to $20 000, with today price of almost $7000. Looking in the short term is always deceptive, the numbers don't lie.
|
|
|
|
mk4
Legendary
Offline
Activity: 2870
Merit: 3873
Paldo.io 🤖
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 12, 2020, 12:58:16 PM |
|
I would say gold would do better simply because it is less affected by the economy as a whole as gold will always be valuable. Such as in computer parts or astronaut suits or what not.
Gold will be less affected because gold is a non-correlated asset that actually has the liquidity to be an effective one; in contrast to bitcoin whereas the liquidity dwarfs gold's. Hence why bitcoin isn't that good of a hedge(in the short term) as of now.
|
Curated Crypto Airdrop Database
|
|
|
Ziskinberg
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 12, 2020, 01:01:40 PM |
|
What's the reason why I am here? of course I'll be investing with bitcoin that with gold. With bitcoin based on my experience, it's volatile but I believe its future is great, and in fact I have already made profit in the past, so I trust bitcoin.
|
|
|
|
Becky666
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 12, 2020, 01:12:48 PM |
|
Sheuu, to what I remember about the Gold and Bitcoin; they are all pegs to fiats, in this case I would rather choose Bitcoin during economic crisis over gold. Not because am a Bitcoiner but because I know how powerful a technology can help nations during crisis. The recent pronunciation by the WHO as Coronavirus be seen as a pandemic has been seen as either gold or Bitcoin could suit the situation at hand. In my own opinion, am comfortable with the technology(Bitcoin) than to see myself with gold.
|
|
|
|
Vishnu.Reang
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 12, 2020, 01:27:34 PM |
|
I am someone who has invested in both the assets. I invested in Bitcoin more than three years ago (January 2017) and BTC has given me returns of +700%. On the other hand, my investments in gold (December 2018) have given me returns of around +45%. I am happy with my investment outcome in both the cases, although in the recent times, Bitcoin has given a better return.
|
|
|
|
Betwrong
Legendary
Offline
Activity: 3388
Merit: 2211
I stand with Ukraine.
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 12, 2020, 01:37:05 PM |
|
~ FACT: Gold has gone up in value in response to the crisis, and it is virtually IMPOSSIBLE to buy gold actual gold coins now, everyone wants gold, but no one is selling. ~
That's far from being a fact today, and it has never been a fact, actually. Of course you can buy gold anytime, the only question is the price you are willing to pay. "Gold has gone up in value", you say, well, the price is still lower than it was at some points in 2011 and 2012, but I really doubt it will go much higher. Also, your "fact" that this crisis "will last for MANY YEARS after the COVID-19 virus is cured" isn't a fact either. I personally prefer Bitcoin over gold for several reasons, and the fact that the USD price of BTC is still much lower than its previous ATH is one of them. Let's be realistic, there is a lot of gold in the world, and it's been around for a while, so people who want to have it, have it already. Thus it's price can rise 100% max before a massive sell out will lower it again. Bitcoin, on the other hand, isn't owned by many. Most people are yet to discover that it's not a Ponzi scheme. So it has a potential, while gold's potential is almost depleted.
|
BITCOIN TO THE MOON ☾ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿
|
|
|
ballerin and giroud
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 868
Merit: 16
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 12, 2020, 02:02:39 PM |
|
Choosing both of them simultaneously is the right way than we just choose one. We can choose the strategy, hold bitcoin especially for trading stuff because its volatility. You can have an additional income beside your source income. And two choosing gold is the best part to store your money, gold is still considered by most people as safe heaven place. At least when there are situation which give a bad thing for economic situation we can still have a confident that our money can't be lost much, even our money can't decreased like other place beside it.
|
|
|
|
sunsilk
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 12, 2020, 02:10:05 PM |
|
A kind of situational question.
An investor of gold is likely to sell it for his needs if he doesn't have any other assets left but the challenge starts, how he's going to sell it if everyone's in lockdown? AFAIK, most of the gold investors have it as a backup asset so they're also like us, bitcoin holders.
While a bitcoin holder, if this crisis continues, the same situation as the gold investor but if things didn't go well you have the option to sell it on exchanges easily and quickly.
But having the mindset of an investor, we're mostly going to hold it because of the recent happenings of the stimulus packages from the US and other countries might do it as well.
As a bitcoin investor/holder, I'd say that it's bitcoin and on the other hand, gold investors will say it's gold.
|
|
|
|
coolcoinz
Legendary
Offline
Activity: 2730
Merit: 1174
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 12, 2020, 02:42:37 PM |
|
I would say gold would do better simply because it is less affected by the economy as a whole as gold will always be valuable. Such as in computer parts or astronaut suits or what not.
You're saying this because it used to be less affected. The history shouldn't be used to predict the future. It's like saying that your father is a great drivetr that will not have an accident because for the last 20 years he had none. You can never be sure! A seafe bet would be to have some BTC (because of the coming halving that used to have a very positive influence on the price) and some gold because it doesn't depend on electricity and the Internet.
|
|
|
|
HardFacts (OP)
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 434
Merit: 29
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 12, 2020, 02:48:58 PM |
|
Lol? Where the heck did you get this "fact"? You can still buy gold on various websites right now.
WRONG, WRONG, WRONG... Link me to the website of any established reputable dealer that one would trust to send a payment to ( not scam sites ), that has stock that can be delivered now, all delivery dates are well into the future because they have no gold. You obviously did not even bother to check this for yourself, but accuse me of FAKE NEWS ?? Everyone check for themselves, and never listen to someone that likes to talk without knowing anything... Hard Facts
|
|
|
|
HardFacts (OP)
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 434
Merit: 29
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 12, 2020, 02:52:01 PM |
|
Choosing both of them simultaneously is the right way than we just choose one. We can choose the strategy, hold bitcoin especially for trading stuff because its volatility. You can have an additional income beside your source income. And two choosing gold is the best part to store your money, gold is still considered by most people as safe heaven place. At least when there are situation which give a bad thing for economic situation we can still have a confident that our money can't be lost much, even our money can't decreased like other place beside it.
VERY SMART !!! Even though I would not hold any BitCoin, your thinking is rational and you have a plan that works no matter which is correct. People here could learn something from you. Hard Facts
|
|
|
|
HardFacts (OP)
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 434
Merit: 29
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 12, 2020, 02:55:16 PM |
|
Also, your "fact" that this crisis "will last for MANY YEARS after the COVID-19 virus is cured" isn't a fact either.
Your forum name is PERFECT for you, because you are absolutely wrong ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) In about a year when we are in the worst economic crisis that you can imagine, Come back, and read this and tell yourself what a complete fool you were ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) But realistically, fools rarely are smart enough to admit they were wrong... You will probably find a way to rationalize to yourself that you were right, and that no one could have seen it coming... Hard Facts
|
|
|
|
mk4
Legendary
Offline
Activity: 2870
Merit: 3873
Paldo.io 🤖
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 12, 2020, 02:58:11 PM |
|
WRONG, WRONG, WRONG...
Link me to the website of any established reputable dealer that one would trust to send a payment to ( not scam sites ), that has stock that can be delivered now, all delivery dates are well into the future because they have no gold.
You obviously did not even bother to check this for yourself, but accuse me of FAKE NEWS ?? Everyone check for themselves, and never listen to someone that likes to talk without knowing anything...
Hard Facts
Jeebus. You can surely buy gold right now, but chances are, you can't get them delivered any time soon because most places are on lock-down due to the pandemic, and due to high delivery volumes(from schiffgold). It's not because no one is selling gold. Like wtf. You think zero people are selling gold? Listen to yourself. Gold is a highly liquid asset.
|
Curated Crypto Airdrop Database
|
|
|
HardFacts (OP)
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 434
Merit: 29
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 12, 2020, 02:59:33 PM |
|
I invested in Bitcoin more than three years ago (January 2017) and BTC has given me returns of +700%.
You can get VERY RICH by investing into a Bubble, or a pyramid scheme if you get in early... But those days are OVER ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) Anything thinking they are going to do this now is in for a very big disappointment... Hard Facts
|
|
|
|
HardFacts (OP)
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 434
Merit: 29
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 12, 2020, 03:03:32 PM |
|
Jeebus. You can surely buy gold right now, but chances are, you can't get them delivered any time soon because most places are on lock-down due to the pandemic. It's not because no one is selling gold. Like wtf. You think zero people are selling gold? Listen to yourself. Gold is a highly liquid asset.
UTTERLY STUPID: Even after I just explained it, you are still to dumb to figure it out. The gold dealers are OPEN, and shipping some items ( yes they have some other items ), but they have NO STOCK of gold, and will not for weeks or months. I did not say " zero people ", I said reputable dealers that one would be comfortable sending a large amount of money to... All you have to do is perform at a grade school level and read the website and what I post. You just can not fix STUPID... Hard Facts
|
|
|
|
Twentyonepaylots
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 12, 2020, 03:09:21 PM |
|
I don't think there is a need to Buy 1 when we can have them Both?I mean Buy Bitcoin and some part buy gold so we have two investing.
It's been a long way since this discussion has started, Gold or Bitcoin, but why? These two are good investments but the thing is, it has differences most mentioned is the volatility. Then the right answer will be on your investment style, if you want your money to be safe at a very long time and ready anytime for emergency situation like this then you should buy the Gold but if you wants to risk your money then put it in more volatile asset like bitcoin. But i personally advice Put the Bigger part in Bitcoin because the chance of growing is more faster than Gold since Gold is a sure investment because of Physical but risky also for if we are being robbed or any criminals Get into it.
Bitcoin is growing faster but gold is older, you would not satisfy investors with faster growing asset coz it will look like just a bubble, really. I would still root for gold but still have a bitcoin in my wallet. Buy both!
|
|
|
|
mk4
Legendary
Offline
Activity: 2870
Merit: 3873
Paldo.io 🤖
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 12, 2020, 03:19:29 PM |
|
Jeebus. You can surely buy gold right now, but chances are, you can't get them delivered any time soon because most places are on lock-down due to the pandemic. It's not because no one is selling gold. Like wtf. You think zero people are selling gold? Listen to yourself. Gold is a highly liquid asset.
UTTERLY STUPID: Even after I just explained it, you are still to dumb to figure it out. The gold dealers are OPEN, and shipping some items ( yes they have some other items ), but they have NO STOCK of gold, and will not for weeks or months. I did not say " zero people ", I said reputable dealers that one would be comfortable sending a large amount of money to... All you have to do is perform at a grade school level and read the website and what I post. You just can not fix STUPID... Hard Facts Aaaaayyyy apparently schiffgold is in stock. Enjoy your gold! Tell Peter Schiff I sent you! You're welcome! ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2FZLBMb5v%2FScreenshot-2020-04-12-23-12-53-747-com-android-browser.jpg&t=665&c=7fuX6oTxlks_nA)
|
Curated Crypto Airdrop Database
|
|
|
|