Topic: BITCOIN / GOLD - page 3. (Read 792 times)
For me both are equally important but if you talk about the advancement in technology cryptocurrency is emerging so fast and so is the craze regarding BTC or other currencies among people.No doubt gold is very important assert but nowdays bitcoin is emerging as a king of all investment and it has a good future and has the potential to satisfy his investors.
of course I will choose gold for now. well, my goal to collect bitcoin is for offline investment, and gold is one of my targets. well, but after getting gold, I won't stop looking for bitcoin. basically I am more interested in choosing both.
I agree with you now that gold is because the market is down so we are on guard if the market is down we still have gold to invest or sell
I choose both because they have the same advantages and disadvantages of each
bitcoin is good for a number of years while gold always has a small risk
bitcoin is good for a number of years while gold always has a small risk
Bitcoin and gold at the same time have good value. Bitcoin has greater profits than mas, but bitcoin has a greater risk of gold. Determine your own choice, I prefer crypto
Both bitcoin and gold are valuable assets but bitcoin is more valuable than gold. Because the value of gold is increasing slowly when compared to bitcoin.
Bitcoin more valuable than Gold? Let's have a look at their market caps;
Bitcoin $112 billion.
Gold $7.35 trillion.
The reason that Gold is difficult to move, comes from the fact that it has one of the most liquid markets in the world. You can literally dump a few billion worth of Gold on the market without leaving a dent. Now try that with Bitcoin. If you dump a few billion worth of Bitcoin on the market, you'll cripple the entire crypto industry.
I prefer Bitcoin over Gold in each and every way, but there is no doubt about the fact that Bitcoin's market is nothing more than a joke compared to what Gold represents today.
We can't deny the fact that gold is a real life investment with highly establish market and bitcoin is always see as a bubble.
Some people didn't understand the real advantage of bitcoin and they're afraid that one day it will just crash, but I believe being volatile is what made bitcoin more lucrative and by holding it can be definitely a good catch.
If we are going to compare this two things, there is one question that is very applicable when we are talking about this two. Bitcoin vs gold, the best question would be "Which is more accessible?" If we are talking about gold we will be digging more knowledge about the term "Mining". How can we people get gold? By digging right? It is a natural resources coming from our earth, thats why we will be needing large and heavy equipmnent to do so. Unlike if you are in bitcoin youll just need cellphone, and internet and ofcourse knowledge as about
If there is money you invest in gold or bitcoin if I would choose to invest in bitcoin because bitcoin can help me get quick profits so that I can buy gold
Both bitcoin and gold are valuable assets but bitcoin is more valuable than gold. Because the value of gold is increasing slowly when compared to bitcoin.
Bitcoin more valuable than Gold? Let's have a look at their market caps;
Bitcoin $112 billion.
Gold $7.35 trillion.
The reason that Gold is difficult to move, comes from the fact that it has one of the most liquid markets in the world. You can literally dump a few billion worth of Gold on the market without leaving a dent. Now try that with Bitcoin. If you dump a few billion worth of Bitcoin on the market, you'll cripple the entire crypto industry.
I prefer Bitcoin over Gold in each and every way, but there is no doubt about the fact that Bitcoin's market is nothing more than a joke compared to what Gold represents today.
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.
These two sentences do not compute IMO. Bitcoin really isn't that hard to buy, and it certainly isn't hard to store. For some people, it'd be even harder to buy shares in the btc ETF than it would to acquire actual bitcoin.gold is a physical thing and the buying and storing it is hard, and the more of it you have the harder it will be to buy and store.
I don't think either buying or storing gold is hard. You can pretty much buy it at any coin shop, eBay, or on precious metals websites like providentmetals. As far as storing it, there's risk of it getting stolen but unless you own a massive amount (which most people do not), you can just keep it anywhere. A safe would be ideal but even that isn't necessary. I don't get the part of your post that I bolded. Buying gold doesn't make subsequent purchases more difficult by any means.Anyway, do we really need another bitcoin vs. gold thread? It's kind of been done to death by now. And by the way, gold is currently under $1200 ($1193 to be precise) and doesn't look like it's going to recover anytime soon. In fact it's been either dropping or flatlined since 2011, and that doesn't strike me as a great investment or even a good hedge against inflation. Silver is doing even worse.
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
Both bitcoin and gold are valuable assets but bitcoin is more valuable than gold. Because the value of gold is increasing slowly when compared to bitcoin. When we invest in bitcoin it will be good for both short and long term investments. When you buy bitcoin at low price and hold it for long time. Once the price increase you can sell and earn good profits than you invest.
I think bitcoin is will profit than gold, bitcoin give profit more 100% every year.but gold only not more 50% every years
I would choose both of them, but I will prioritize to have bitcoin right now as I know that bitcoin is so much profitable and I know that in the future it will really grow up and no one can ever stop it, so I would choose to invest the thing that can give me higher profit at the end.
actually gold and bitcoin are just as profitable but as you can, I am also more happy with choosing to invest bitcoin because even though the price is hard to guess but bitcoin always appears better and can be profitable in the long run
of course I will choose gold for now. well, my goal to collect bitcoin is for offline investment, and gold is one of my targets. well, but after getting gold, I won't stop looking for bitcoin. basically I am more interested in choosing both.
Choose a struggle bro as you keep contradicting yourself in a way. You will choose gold for now; you are more interested in choosing both, etc. It is a world we cannot know what the future holds for anything and as far as I am concerned, that was the essence of diversification in the first place. They both have their own values they create and we should remember that Rome was not built in a day.Hence, if anyone feels that at some point, we might not end up having a matured market for bitcoin and things getting a lot faster and better in development than this, with some huge adoption which who knows, may even be more than gold (just saying, not like I mean that)... then that is what they want to believe. As for me, there is no harm in having both. There is only harm in missing out.
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.
The value of gold every year tends to be valuable, choosing investment with gold is to maintain the value of assets, especially when facing inflation, while Bitcoin was initially viewed for payment technology, but nowadays many people who use bitcoin as an investment instrument can also be a combination of investment instruments between gold and shares
of course I will choose gold for now. well, my goal to collect bitcoin is for offline investment, and gold is one of my targets. well, but after getting gold, I won't stop looking for bitcoin. basically I am more interested in choosing both.
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.
I slightly disagree with the point of view that bitcoin can grow because of the possibility to have bitcoin but not physically.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.
At the moment, there is a big problem with storing bitcoin from hackers. I read the news in which Citibank in America offers such storage of bitcoin, under 100% protection. That is precisely what is now a priority. and not speculation to 60,000. In General, physical gold and digital gold are very similar.
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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.
I would choose both of them, but I will prioritize to have bitcoin right now as I know that bitcoin is so much profitable and I know that in the future it will really grow up and no one can ever stop it, so I would choose to invest the thing that can give me higher profit at the end.
Some $40,000,000,000,000 is invested in Gold worldwide. That is trust and store of value Gold shows.
As they say "money is a measure of success". Have a look at this
As they say "money is a measure of success". Have a look at this
Dude you keep spreading your poison all over the forum. why the hell do not you create your own forum? You could give the name of Goldtalk, so we would not see your comments.
will the price of bitcoin return as in early 2018?
of course the price will recover and we will see more than $20,000. more demand that we will have in the future will cause the price to be very high
I always believe bitcoin can give me more profits than gold
I agree, in my country it is not easy to buy gold bars, so the best option for me is to buy bitcoin and altcoins or even look for some ICO that is useful
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.
I do not like to make comparisons between gold or bitcoin, but I will be happy if the price of bitcoin increase and be used as a means of payments.
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