Topic: BITCOIN / GOLD - page 2. (Read 803 times)
I mean by the system they're kinda similar pretty much, it's possible to mining and investing with both of them, but by they're look it so much different. Even the price was sometime unpredictable for both of them.
Bitcoins are like gold and bitcoins are kept by people for investment as gold because bitcoins have properties that are almost gold-like, for example they can be traded and they can be bought and sold.
If I see the profit that will gained from gold or bitcoin, well I will choose gold, a little risk and will definitely benefit. While bitcoin, many of the risks and profits obtained cannot be estimated. However, if you talk about the amount to be obtained from bitcoin and gold, I will choose bitcoin because the price of bitcoin is very volatile, you buy now and if the market is good you will get a large profit in accordance with the capital issued. While gold takes a long time to get the desired benefits.
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until now I am still confused about the benefits of bitcoin entering the ETF, will the price of bitcoin return as in early 2018? is the price determined by market demand, right?
until now I am still confused about the benefits of bitcoin entering the ETF, will the price of bitcoin return as in early 2018? is the price determined by market demand, right?
why not? bitcoin went from being worth near zero up to $20000 which was more than 2 million percent rise without silly things like ETF and it will continue to do so in the future without them too.
Andreas Antonopoulos has some stuff about ETFs which are worth looking into. https://www.youtube.com/watch?v=KSv0J4bfBCc&vl=en
https://news.bitcoin.com/bitcoin-etfs-are-a-terrible-idea-andreas-antonopoulos/
But admit it or not, most institutional investors are wanting the ETFs to get on board with bitcoin before they go full-on bitcoin bulls. They are just waiting for that extra layer of security coming from the ETFs before they invest. Though bitcoin reached enormous heights without these fancy things the investing world drools about, still we can't deny the fact that bitcoin can still reached higher highs once these ETFs are approved. Idk what's the fuss about the ETFs but then again, if it brings in more money to the economy, that would be great.
https://www.macrotrends.net/1333/historical-gold-prices-100-year-chart
I have seen different comments about ETF so far, and the truth remains that ETF is just a distraction and it is not like it is going to mean anything substantial in the long run. The market will still always behave in the way it wants to, with or without it.
in my opinion, all investments must have risks, the higher the risk, the higher the profit, gold and bitcoin have similarities in mine, but in my opinion, gold investment is less risk than bitcoin, so we can choose gold or bitcoin investment, choose the best and suits you
I agree that all the investments have their own risks but I do not buy it in terms of risk which is never proportional to profit or in simple words, they might vary and a business with a high risk is not necessarily a business with high profit. Of course investment in gold is much secured than that in Bitcoin because of the stability in the prices of gold unlike Bitcoin which has been very volatile and hence risky. 
bitcoin is a promising asset for the future of its users, gold is the same but price movements for bitcoin will be faster than gold and once there is a much greater profit increase obtained from bitcoin.
actually to invest both are good choices, if you can invest in both then you will have assets not only in the digital world but also in the real world and the risk is very small if you also invest in gold, because every year prices will also continue to increase.
Well, bitcoin is a promising asset, because so many people have succeeded in using bitcoin to increase profits. I also think like that, but I just think that bitcoin is a good parameter for producing gold. actually to invest both are good choices, if you can invest in both then you will have assets not only in the digital world but also in the real world and the risk is very small if you also invest in gold, because every year prices will also continue to increase.
Gold is a valuable precious metal, while Bitcoin is a digital coin. But the similarities between them are deep. Both are mined, one physically and the other digitally. But if we look closely at the history of gold, the Bitcoin follows the same pattern of behavior that we have seen in gold.
Prices rose in 1971, when President Richard Nixon announced that the US dollar would not be supported by gold when demand exceeded supply. A major development in March 2003 saw the first ever gold-traded gold trader from the Australian bourse, behind Deutsche Bank. This has caused gold to rise from about $ 20 to $ 30 an ounce to $ 600 an ounce, an increase of 300%.
Before the advent of the first gold trader, it was not easy to invest in gold. But it was easy to buy gold, but at that time, the cost of acquisition and storage was high. But with traded funds, this allowed gold to be owned without actually owning it. Similarly, if the bitcoin trading funds are approved, this may be an important news for developers. The acquisition may be approved by the ETFs as early as 16 August 2018, although nothing has been confirmed so far.
In the past when this happened to gold, we saw a huge increase in the price of gold by 300%. If this happens for developers, this will raise the price tag to $ 60,000, which is expected by some well-known investors. If the price of this form is raised to this level, this will give us a market value of $ 1.26 trillion. So we're looking at 940% returns based on the current price of $ 7,000. As for the yellow metal, it has an estimated market value of $ 8.7 trillion with all the gold extracted.
In the end, investment is not without risk, but if regulation becomes clearer, it may help protect its owners.
Prices rose in 1971, when President Richard Nixon announced that the US dollar would not be supported by gold when demand exceeded supply. A major development in March 2003 saw the first ever gold-traded gold trader from the Australian bourse, behind Deutsche Bank. This has caused gold to rise from about $ 20 to $ 30 an ounce to $ 600 an ounce, an increase of 300%.
Before the advent of the first gold trader, it was not easy to invest in gold. But it was easy to buy gold, but at that time, the cost of acquisition and storage was high. But with traded funds, this allowed gold to be owned without actually owning it. Similarly, if the bitcoin trading funds are approved, this may be an important news for developers. The acquisition may be approved by the ETFs as early as 16 August 2018, although nothing has been confirmed so far.
In the past when this happened to gold, we saw a huge increase in the price of gold by 300%. If this happens for developers, this will raise the price tag to $ 60,000, which is expected by some well-known investors. If the price of this form is raised to this level, this will give us a market value of $ 1.26 trillion. So we're looking at 940% returns based on the current price of $ 7,000. As for the yellow metal, it has an estimated market value of $ 8.7 trillion with all the gold extracted.
In the end, investment is not without risk, but if regulation becomes clearer, it may help protect its owners.
but for current regulation and how all this is going on, it's like that regulation is just another cover for manipulating bitcoin prices. besides that I also did not see signs that the regulatory team intended to legalize bitcoin. and whatever the legal impact this regulation will not guarantee success in the future.
Bitcoin will be the digital gold, Just like gold it will be good in storing value in the near future. But in terms of transferring of ownership bitcoin is much simpler and less cost of transactions. Gold is a precious metal and a good conductor of electricity maybe its time for us to simply use it and dont hoard it like we do because of its value. People believe that gold has good value in it and it go up in price overtime just like bitcoin in its 9 years of existing. If only the demand for gold switch to bitcoin the price of bitcoin will skyrocket.
bitcoin is a promising asset for the future of its users, gold is the same but price movements for bitcoin will be faster than gold and once there is a much greater profit increase obtained from bitcoin.
actually to invest both are good choices, if you can invest in both then you will have assets not only in the digital world but also in the real world and the risk is very small if you also invest in gold, because every year prices will also continue to increase.
actually to invest both are good choices, if you can invest in both then you will have assets not only in the digital world but also in the real world and the risk is very small if you also invest in gold, because every year prices will also continue to increase.
If I tell you to choose one of the two maybe I will still choose bitcoin because bitcoin has a very good price and I am very familiar with the changes in bitcoin prices but the price of gold is cheaper than bitcoin and the price is not true
Its more convenient for me to own bitcoin because I can buy this thing anywhere I go. Gold is still a precious investment but since we all have different strategies in terms of investing people will not depend on anyone. Whether you buy bitcoin or gold as long as you believe on that investment, you will still be good. If I tell you to choose one of the two maybe I will still choose bitcoin because bitcoin has a very good price and I am very familiar with the changes in bitcoin prices but the price of gold is cheaper than bitcoin and the price is not true
bitcoin has a very good price
but you must remember that gold market cap $7.8 trillion
but bitcoin market cap $108,525,371,705 USD
If I tell you to choose one of the two maybe I will still choose bitcoin because bitcoin has a very good price and I am very familiar with the changes in bitcoin prices but the price of gold is cheaper than bitcoin and the price is not true
Gold is a valuable precious metal, while Bitcoin is a digital coin. But the similarities between them are deep. Both are mined, one physically and the other digitally. But if we look closely at the history of gold, the Bitcoin follows the same pattern of behavior that we have seen in gold.
Prices rose in 1971, when President Richard Nixon announced that the US dollar would not be supported by gold when demand exceeded supply. A major development in March 2003 saw the first ever gold-traded gold trader from the Australian bourse, behind Deutsche Bank. This has caused gold to rise from about $ 20 to $ 30 an ounce to $ 600 an ounce, an increase of 300%.
Before the advent of the first gold trader, it was not easy to invest in gold. But it was easy to buy gold, but at that time, the cost of acquisition and storage was high. But with traded funds, this allowed gold to be owned without actually owning it. Similarly, if the bitcoin trading funds are approved, this may be an important news for developers. The acquisition may be approved by the ETFs as early as 16 August 2018, although nothing has been confirmed so far.
In the past when this happened to gold, we saw a huge increase in the price of gold by 300%. If this happens for developers, this will raise the price tag to $ 60,000, which is expected by some well-known investors. If the price of this form is raised to this level, this will give us a market value of $ 1.26 trillion. So we're looking at 940% returns based on the current price of $ 7,000. As for the yellow metal, it has an estimated market value of $ 8.7 trillion with all the gold extracted.
In the end, investment is not without risk, but if regulation becomes clearer, it may help protect its owners.
Yes you are right. Those are different but valuable things and also most acceptable to people in the current world. By the way, Bitcoin is a currency. On the other hand, Gold is a most precious metal. Those are valuable in their own way. Prices rose in 1971, when President Richard Nixon announced that the US dollar would not be supported by gold when demand exceeded supply. A major development in March 2003 saw the first ever gold-traded gold trader from the Australian bourse, behind Deutsche Bank. This has caused gold to rise from about $ 20 to $ 30 an ounce to $ 600 an ounce, an increase of 300%.
Before the advent of the first gold trader, it was not easy to invest in gold. But it was easy to buy gold, but at that time, the cost of acquisition and storage was high. But with traded funds, this allowed gold to be owned without actually owning it. Similarly, if the bitcoin trading funds are approved, this may be an important news for developers. The acquisition may be approved by the ETFs as early as 16 August 2018, although nothing has been confirmed so far.
In the past when this happened to gold, we saw a huge increase in the price of gold by 300%. If this happens for developers, this will raise the price tag to $ 60,000, which is expected by some well-known investors. If the price of this form is raised to this level, this will give us a market value of $ 1.26 trillion. So we're looking at 940% returns based on the current price of $ 7,000. As for the yellow metal, it has an estimated market value of $ 8.7 trillion with all the gold extracted.
In the end, investment is not without risk, but if regulation becomes clearer, it may help protect its owners.
Bitcoin and gold both are valuable assets but when compare to gold bitcoin will gives you more profit. Gold os stable the price not increase too much and not decrease too low. Bitcoin is not stable more fluctuations can occur. Once the price is low buy more bitcoins and hold it for future. When the price have tremendous growth at that time you can sell and earn good income.
I think bitcoin is will profit than gold, bitcoin give profit more 100% every year.but gold only not more 50% every years
Same as you I think bitcoin is more easy to hold and it surely has more profit than any other investment like gold or something else, in old ages people has been using gold to invest their money but now they are using bitcoin because for us bitcoin is safer and it has a lot of profit more than all other kind of investments, it give us more than double profit if we hold it for months after investing.
I am believe if ETF approved by regulator, many investor will coming to cryptomarket and start make investment. ETF will bring billion or trillion dollar and it make market move more faster. Regulation for cryptocurrency needed if we want mass adoption because many merchant afraid to accept bitcoin for payment without regulation
In a sense, Yes, bitcoin and gold have common similarities.
It's active. Gold is a physical asset and bitcoin is a digital asset.
Extraction. Gold is mined machine method, likewise, the mined bitcoin, computers, the same machine.
It's active. Gold is a physical asset and bitcoin is a digital asset.
Extraction. Gold is mined machine method, likewise, the mined bitcoin, computers, the same machine.
Gold is much more stable and stronger in terms of investments and everyone understands this.
They have differences, but they still refer to a currency that can be paid.
I use my assets divided into 3 parts, namely digital, gold and land or cattle assets, for digital assets to date I believe in bitcoin because of the system and its price
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