Bitcoin or gold? - page 157. | Bitcointalksearch.org

GoodLuck2

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Quote from: stevegreer on July 17, 2017, 06:46:32 AM

Quote from: Vishnu.Reang on July 16, 2017, 09:12:05 AM

I wouldn't trust Platinum and Silver. The platinum supply scenario can change a lot if new deposits are found anywhere in the world, as the total market cap is very low. And silver is mostly used for industrial purposes, with less than 25% of the mined metal being used for investment and jewelry.

Silver's use in industry as well as jewelry and investments in the form of coins and bars is exactly the reason why I buy silver. It has use. It will always have a demand in industrial use due to it's conductivity and reflective properties.

As in a past there were ages. Men were living in very dark ages therefore keeping people was keeping gold. As your dream is telling the reality that you are very old age. Now a days you are focusing on bitcoin learning some about bitcoin. Because as you know keeping bitcoin now a days to calling your wealth in your life.

CriptoSven

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To be honest, my choice of Bitcoin and another 1 Bitcoin is a small example of what happened during these last two weeks, it was when I needed money and I decided to change Bitcoin to well that I found another way to realize my goal. And the fact is that today this money is almost 2 times more than I can change or sell Bitcoin. It's good that I'm dealing with Bitcoin and do not waste it.

Farfenkugel

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Technology changes and so does currency's. Where currently in the technology fase and it's developing rapidly. All known government currency's don't tend to change much over the years. With a smart aprouch and the right investments/programs you can make much more money with bitcoin instead of gold.

Trading for example. That's why my ''gold'' is on bitcoin Cheesy

guoyu78

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Quote from: sriwahyuni on July 18, 2017, 10:37:32 AM

I will choose gold because the price is stable
While bitcoin is very unstable

Gold was enjoying attention a century ago but now things have been changed drastically. It’s a digital era. In some backward areas and third world countries, gold might be enjoying same position but in developed countries, it has become obsolete to make investment in gold or payment via gold. Bitcoins are the new rulers of the currency world. Even they have potential to reduce the practice of paper money.

densuj

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Quote from: t3ChNo on July 21, 2017, 11:47:15 PM

For long-term, i prefer gold rather than bitcoin. Who knows, doomsday might happen and trading will be back to metals Grin

Yes for long term investment the gold is best choice, actually i choose bitcoins and gold, price of gold is stable and will be increase in the future but to making money for buy the gold is from trading bitcoins and altcoins ( bitcoins and another altcoins be used for short term investment to getting income) because bitcoins and altcoins has good fluctuating of price.

Saichoukyushin

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Quote from: t3ChNo on July 21, 2017, 11:47:15 PM

For long-term, i prefer gold rather than bitcoin. Who knows, doomsday might happen and trading will be back to metals Grin

It will come but this time it is much profitable in bitcoins ,i am also thinking the way that you have to save some amoubt of gold through it is so possible that someday we will back to the old years of using some minerals and things so we need to save nore now.

stevegreer

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Quote from: deppil on July 22, 2017, 11:25:03 AM

Of course compared to having bitcoin, to have gold is not an easy thing. To buy 1 gram of gold can be quite expensive
and to get gold by mine takes a lot of expensive tools, while getting bitcoin you can with something very easy like a faucet?

Again, at current price, 1 gram of gold is about $40 USD. That is not generally something that is considered expensive. Some people spend more than that every week on fast food and crappy Starbucks coffee. And why would you even mention mining gold? That takes hundreds of thousands of dollars to start up any serious mining efforts. Who would do something like that when you can just go to a coin shop or buy directly from the US, Canadian, Australian, South African mints or any number of reputable places which sell gold and silver online? True, you can easily get BTC from faucets. But you would have to spend hours a day on multiple faucets just to make only a few cents. No one is going to ever get rich or even earn enough for any serious investment on free faucets. Serious investment in either gold or BTC is going to take time and money.

deppil

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Quote from: romeitaly on July 20, 2017, 05:03:04 AM

Bitcoin. I can't have gold easily, but in bitcoin, I am starting to have a little by little profit from this as a student.

Of course compared to having bitcoin, to have gold is not an easy thing. To buy 1 gram of gold can be quite expensive
and to get gold by mine takes a lot of expensive tools, while getting bitcoin you can with something very easy like a faucet?

deisik

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Quote from: metalbean on July 22, 2017, 05:40:56 AM

Quote from: deisik on July 22, 2017, 05:20:51 AM

In fact, I love gold charts

They are nice looking and they are good at showing what gold is and what it is not. If you also took the charts of the USDX (the US dollar index which basically shows the strength of the dollar against major fiat currencies), you would see tight correlation between the price of gold denominated in dollars and the value of the dollar itself. That essentially means that the value of gold doesn't change much over time. And this tells us that gold is a special type of investment, an investment which is not about earning profits and multiplying your capital but rather a tool for preserving the value of this capital in various financial as well as economic storms and tempests

I am a little dense. If "tight correlation between gold price denominated in dollars" doesn't it then be very flattish and grows slight ly uptrend according to USD money supply and inflation?

I don't quite understand what you mean to say

Tight correlation doesn't in the least imply that the charts of correlated assets should match. There is a strong negative correlation between the dollar value of gold and the value of the dollar itself. It basically means that if the dollar declines, the price of gold surges, and exactly that happened in real life during the bouts of quantitative easing that the Fed had been running in 2009-2012. In other words, strong negative correlation between two assets means that the charts of them mirror each other vertically

Like in this image

justmint

newbie

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Bitcoin or gold ?
How about, both ?

metalbean

full member

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Quote from: deisik on July 22, 2017, 05:20:51 AM

Quote from: metalbean on July 22, 2017, 03:51:13 AM

five year yield and three year yield of gold has been quite bad. Why would gold still be a good investment?

In fact, I love gold charts

They are nice looking and they are good at showing what gold is and what it is not. If you also took the charts of the USDX (the US dollar index which basically shows the strength of the dollar against major fiat currencies), you would see tight correlation between the price of gold denominated in dollars and the value of the dollar itself. That essentially means that the value of gold doesn't change much over time. And this tells us that gold is a special type of investment, an investment which is not about earning profits and multiplying your capital but rather a tool for preserving the value of this capital in various financial as well as economic storms and tempests

I am a little dense. If "tight correlation between gold price denominated in dollars" doesn't it then be very flattish and grows slight ly uptrend according to USD money supply and inflation?

deisik

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Quote from: metalbean on July 22, 2017, 03:51:13 AM

five year yield and three year yield of gold has been quite bad. Why would gold still be a good investment?

In fact, I love gold charts

They are nice looking and they are good at showing what gold is and what it is not. If you also took the charts of the USDX (the US dollar index which basically shows the strength of the dollar against major fiat currencies), you would see tight correlation between the price of gold denominated in dollars and the value of the dollar itself. That essentially means that the value of gold doesn't change much over time. And this tells us that gold is a special type of investment, an investment which is not about earning profits and multiplying your capital but rather a tool for preserving the value of this capital in various financial as well as economic storms and tempests

metalbean

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five year yield and three year yield of gold has been quite bad. Why would gold still be a good investment?

t3ChNo

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For long-term, i prefer gold rather than bitcoin. Who knows, doomsday might happen and trading will be back to metals Grin

Sir Legend

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No doubt that bitcoin prices continue to skyrocket to become the best choice for investment, gold is good but its movement is too slow so I prefer bitcoin.

The_Dark_Knight

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Quote from: Unikol on July 16, 2017, 03:11:52 AM

Quote from: Japinat on July 15, 2017, 10:17:27 PM

Quote from: hidden2209 on July 15, 2017, 09:22:10 PM

Bitcoin or gold. We can not choose either of them because they have their own advantages. Bitcoin fluctuating nature makes the price can rise and fall drastically. As opposed to rising gold but not as fast as bitcoin

At this moment that the price of bitcoin is dumping I think it's good to invest with gold for awhile to secure your money, that if you have a decent amount for investment but if not then just relax and wait after this segwit drama that people are feeling. I could already see wise people that are going to be happy after the August 1 because nothing bad will happen, it's the FUD that cause this market status right now.

I think the price is low at the moment for the bitcoin. We shall convert gold into bitcoin.

A diversified portfolio is needed too, bitcoin gives the greatest earnings but not everything is about earnings, gold gives you security that your savings are not only going to have some value today or tomorrow, your savings will have value hundreds of years in the future.

gendang_cinta

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Since I'm new to bitcoin I still choose gold, I feel it is safer if my assets are managed by legal institutions, in my opinion, bitcoin is a risky business but that is what makes my interest increase, I want to have experience in bitcoin.

pressureonme

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Quote from: albertvert on July 21, 2017, 01:59:36 AM

Quote from: Taskford on July 20, 2017, 10:55:31 PM

I would like to invest both because i don't want to waste any kind of opportunity and yes you read it right. Gold is also an opportunity because its price is slowly moving up and that is when i will make profits by just investing regularly and holding my share of gold for a lot of years and i will treat them as my retirement fund.

Do as you like.But my opinion is go for bitcoin instead of gold. Why because bitcoin price increase day by day. You can lively see this today. Yesterday prices is 2600$ ,Today is 2750.Now you can decide on which you want to inverse.

Bitcoin/gold parity was around 0.5 one year ago and now it's more than 2.0 thus bitcoin is gaining momentum as the time goes by. Gold does not gain momentum.

Kisanaq

sr. member

Activity: 700

Merit: 277

I think bitcoin and gold are hard to compare, even though bitcoin users continue to rise but marketcap is still far under gold, all people accept gold even when war gold becomes the only reliable transaction, bitcoin until now still much debate so I prefer gold than bitcoin .

albertvert

sr. member

Activity: 322

Merit: 250

Quote from: Taskford on July 20, 2017, 10:55:31 PM

I would like to invest both because i don't want to waste any kind of opportunity and yes you read it right. Gold is also an opportunity because its price is slowly moving up and that is when i will make profits by just investing regularly and holding my share of gold for a lot of years and i will treat them as my retirement fund.

Do as you like.But my opinion is go for bitcoin instead of gold. Why because bitcoin price increase day by day. You can lively see this today. Yesterday prices is 2600$ ,Today is 2750.Now you can decide on which you want to inverse.

Topic: Bitcoin or gold? - page 157. (Read 984448 times)