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Topic: Bitcoin or gold? - page 378. (Read 984448 times)

hero member
Activity: 616
Merit: 500
June 26, 2016, 08:39:52 PM
I honestly must come up and say that I love gold more its just that its looking nice, it has a great worth and is on a long term very profitable.
Of course I also like the bitcoin but its a lot more different.
legendary
Activity: 2940
Merit: 1083
June 26, 2016, 08:14:19 PM
Gold price is moving heavily now, if you are in trading business there are lots of profit from it too. It just hit a 100 dollars difference for months only almost the same with bitcoin if you are investing.
legendary
Activity: 938
Merit: 1000
June 26, 2016, 07:33:30 PM
I'm not quite sure but I think on this occasion(Brexit) should have gone up gold prices.
sr. member
Activity: 462
Merit: 250
June 26, 2016, 07:29:58 PM
I'm choosing for them both because its both very nice to have and also very profitable compared with other investments.
You should pick one for a long term and the other one (bitcoin) for a short term.

Choosing for it both is a good way to make profit, the gold is right now also staggering so that is pretty nice.
Its both got a good future so its indeed worth investing in it.
hero member
Activity: 490
Merit: 520
June 26, 2016, 07:10:59 PM
I buy both. Both will continue to grow in value over time so why settle on just one?
Yes, buying both of them and creating a good portfolio out of them seems a clever strategy. I think 30% bitcoin and 70% gold is good portfolio.
I think 50/50 is the best to do.. if you are making lots profit fast in bitcoin better to 50/50 or more in bitcoin than gold.. well they are still good investment but if you have this both its a long term and short term investment that you can make more profit in the future..
50/50 strategy is a bitcoin risky strategy and it is good if you really want to do some risk with your money since bitcoin is a risky investment.

To me there is no point to invest in gold, what does gold have a use for? absolutely nothing so i mean btc at least has a future in the business industry and companies are going to take btc to the moon and back.
But Gold is more secure investment and it has been rising for years. But it may have some small drops or do not increase much.
Gold is secure because it is a widely recognized as a secure investment, and it has been going up in value constantly because of it being a definite and respected safe haven that a lot of people invest in, and use it to pace against inflation. Gold will nearly always manage to keep pace with inflation, and any drops it has will keep moving like how it expected.
sr. member
Activity: 476
Merit: 250
June 26, 2016, 07:04:25 PM
I'm choosing for them both because its both very nice to have and also very profitable compared with other investments.
You should pick one for a long term and the other one (bitcoin) for a short term.
hero member
Activity: 826
Merit: 1000
The All-in-One Cryptocurrency Exchange
June 26, 2016, 06:37:55 PM
I buy both. Both will continue to grow in value over time so why settle on just one?
Yes, buying both of them and creating a good portfolio out of them seems a clever strategy. I think 30% bitcoin and 70% gold is good portfolio.
I think 50/50 is the best to do.. if you are making lots profit fast in bitcoin better to 50/50 or more in bitcoin than gold.. well they are still good investment but if you have this both its a long term and short term investment that you can make more profit in the future..
50/50 strategy is a bitcoin risky strategy and it is good if you really want to do some risk with your money since bitcoin is a risky investment.

To me there is no point to invest in gold, what does gold have a use for? absolutely nothing so i mean btc at least has a future in the business industry and companies are going to take btc to the moon and back.
But Gold is more secure investment and it has been rising for years. But it may have some small drops or do not increase much.
hero member
Activity: 759
Merit: 502
June 26, 2016, 06:20:19 PM
This term i choose bitcoin why because helving time almost come there are 13 days more and i think the price will go hight and i will make money with bitcoin if you ask it this question for today my choose is bitcoin.

If you want to gain profits in short term then I think bitcoin is the best choice as now we are very near to halving which can give us some fantastic returns in such a short duration.
full member
Activity: 182
Merit: 100
June 26, 2016, 06:06:37 PM
This term i choose bitcoin why because helving time almost come there are 13 days more and i think the price will go hight and i will make money with bitcoin if you ask it this question for today my choose is bitcoin.
sr. member
Activity: 294
Merit: 250
June 26, 2016, 05:59:35 PM
im always against gold, to be honest i have never invested into it because i believe that bitcoin will have much higher future as its easier to use than gold

It depends on an individual to choose that suits him the best, gold been in existence since long time holds the trust from the people and it can surely give you profits in long run.

Nah, gold existed longer but what's the value in having gold? There is no way that the stock is going to go up majorly in price unless someone magically finds something that gold is actually useful for other than making people look rich and feel rich.

I recommend bitcoins over gold anyday.
sr. member
Activity: 271
Merit: 250
June 26, 2016, 05:44:06 PM
im always against gold, to be honest i have never invested into it because i believe that bitcoin will have much higher future as its easier to use than gold

I like that reasoning, but you are wrong about usability you would be surprised how easy it is to trade gold. In my city there are over a 100 shops.
But still you are right about bitcoin, it's my favorite one when I compare it to gold.
hero member
Activity: 952
Merit: 1000
June 26, 2016, 03:58:09 PM
im always against gold, to be honest i have never invested into it because i believe that bitcoin will have much higher future as its easier to use than gold

It depends on an individual to choose that suits him the best, gold been in existence since long time holds the trust from the people and it can surely give you profits in long run.
sr. member
Activity: 296
Merit: 250
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June 26, 2016, 03:54:41 PM
im always against gold, to be honest i have never invested into it because i believe that bitcoin will have much higher future as its easier to use than gold
sr. member
Activity: 504
Merit: 250
June 26, 2016, 03:41:37 PM
For me personally gold is much better, I don't know why but I feel like it is still more stable than bitcoin is, thus making it more attractive for me. Also, it is not like gold can disappear, unlike BTC.

Though however, BTC has much more value when it comes to trading, the price spikes up a lot, and yet it is a better investment now, in a long run it is very unpredictable though.
legendary
Activity: 3052
Merit: 1273
June 26, 2016, 03:38:25 PM
Its better to buy bitcoins not gold. Gold price is increasing slowly but bitcoin increases so fast, its possible to get a large profit in bitcoins so i am recommending bitcoins
That is the thing compared to gold, I think the main reason why it’s price doesn’t increase that much is because of the scar resources that’s being gained. Unlike in bitcoins, every single second there’s an increase of demand as the growth of it is happening everyday.

the increase demand on bitcoin only work on the long term, and with the halving, without the halving this current hype would not be there i think, i hope this increase is not just pure hype and there is something else under it, that will make it a stable value

I don't think that stable value of bitcoin will attract people towards it, but at this stage I would prefer to invest in bitcoin, only because of halving, as profits are expected to be achieved very soon.

Stable values won't attract people of lower levels, but bigger institutions will surely get in taking into consideration the stability of the markets.
They will only invest because they want to use it for their transactions, and anyone would need a stability in a currency they are taking in order to pay their employees, and invest in other resources.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
June 26, 2016, 03:04:29 PM
if you have a marketcap of $5k any ass-hole can manipulate it, pretty much like a insecure network, any retard with a single asic can attack it

No, this is flat-out wrong. I'm really tired to repeat it again, market cap is irrelevant, even if it is equal to mere $5,000. If every trader has no more than $0.01 at his disposal and all $5,000 are traded, how can such a market be manipulated? And still less can it be manipulated if the trading volume by far exceeds the market cap. On the other hand, if someone (or a group of someones, lol) controls a significant part of trading volume (not even the whole market cap), no matter how large the market cap itself is, they can still manipulate the market. What matters is wealth distribution and the amount of coins actually traded (specifically trading volume, because one coin can change many hands) relative to the total amount of coins (since the lesser this ratio the lesser amount of coins would be required to corner the market)...

So even if the Bitcoin market cap grows a million times, this won't change a thing
sr. member
Activity: 394
Merit: 250
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June 26, 2016, 02:47:10 PM
Its better to buy bitcoins not gold. Gold price is increasing slowly but bitcoin increases so fast, its possible to get a large profit in bitcoins so i am recommending bitcoins
That is the thing compared to gold, I think the main reason why it’s price doesn’t increase that much is because of the scar resources that’s being gained. Unlike in bitcoins, every single second there’s an increase of demand as the growth of it is happening everyday.

the increase demand on bitcoin only work on the long term, and with the halving, without the halving this current hype would not be there i think, i hope this increase is not just pure hype and there is something else under it, that will make it a stable value

I don't think that stable value of bitcoin will attract people towards it, but at this stage I would prefer to invest in bitcoin, only because of halving, as profits are expected to be achieved very soon.
thats true, for me stable price is really boring to be honest, i always choose bitcoin instead for gold to be honest
legendary
Activity: 3248
Merit: 1070
June 26, 2016, 01:48:07 PM
it does not make sense because those coin in hold mode can at any time enter in play and destroy your daily trading like nothing, so one must take into account the whole marketcap and not the daily trading done with the coins in action

What doesn't make sense exactly? Those old new coins would just add up to the volume traded without affecting the market cap unless they change the price. The trading volume affects the price (and even more volatility, in an opposite way), and through it the market cap (not the other way round). Strictly speaking, volume could fall even if there were more coins in the market (e.g. the same coin changes less hands over the same period), and it could rise even with less coins in the market (the same coin changes more hands). You are essentially putting the cart before the horse...

Needless to say that this has nothing to do with my daily trading since there is none (just in case)

besides that only a stupid call other stupid, you random insulting as usual don't bring nothing to the discussion, keep them for yourself

So you chose to be stupid, okay then (but don't blame me since it is your choice, just deal with it)

that's my point, they WOULD AFFECT the price, if they enter in play, so you must consider the whole marketcap and not only the current coins that are used

And so what? How knowing the market cap is going to help you exactly? You know the price, you know the total number of coins mined, okay, but you don't know how many coins are actually traded and how many are just stashed away. Thereby it is useless for anything practical that I can think of...

Further, if the price changes (for whatever reason), the market cap being a function of the price changes too

i'm just saying that the marketcap it's directly correlated with the possibility of more action in the market and more volume that can lead to more stability

if there are more money invovled it will be harder for manipulator to manipulate the price, but this is true only with a big marketcap, because in this case people need more money to enter in play and they can buy fewer coins so less prone to manipulation

if you have a marketcap of $5k any ass-hole can manipulate it, pretty much like a insecure network, any retard with a single asic can attack it
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
June 26, 2016, 10:54:57 AM
it does not make sense because those coin in hold mode can at any time enter in play and destroy your daily trading like nothing, so one must take into account the whole marketcap and not the daily trading done with the coins in action

What doesn't make sense exactly? Those old new coins would just add up to the volume traded without affecting the market cap unless they change the price. The trading volume affects the price (and even more volatility, in an opposite way), and through it the market cap (not the other way round). Strictly speaking, volume could fall even if there were more coins in the market (e.g. the same coin changes less hands over the same period), and it could rise even with less coins in the market (the same coin changes more hands). You are essentially putting the cart before the horse...

Needless to say that this has nothing to do with my daily trading since there is none (just in case)

besides that only a stupid call other stupid, you random insulting as usual don't bring nothing to the discussion, keep them for yourself

So you chose to be stupid, okay then (but don't blame me since it is your choice, just deal with it)

that's my point, they WOULD AFFECT the price, if they enter in play, so you must consider the whole marketcap and not only the current coins that are used

And so what? How knowing the market cap is going to help you exactly? You know the price, you know the total number of coins mined, okay, but you don't know how many coins are actually traded and how many are just stashed away. Thereby it is useless for anything practical that I can think of...

Further, if the price changes (for whatever reason), the market cap being a function of the price changes too
legendary
Activity: 3248
Merit: 1070
June 26, 2016, 10:42:33 AM
Exactly this "tiny % of coins" determines the price (read volatility, i.e. what we started with), not the market cap, which itself is just a product of multiplication of two numbers, one of which is price. And exactly because of this the +7T dollar gold market cap is irrelevant while the volume actually traded is. Ttrading volume may actually be times the market cap if, for example, the same coin changes many hands in the given time span...

I'm really fascinated how stubborn or stupid you are (you choose which)

it does not make sense because those coin in hold mode can at any time enter in play and destroy your daily trading like nothing, so one must take into account the whole marketcap and not the daily trading done with the coins in action

What doesn't make sense exactly? Those old new coins would just add up to the volume traded without affecting the market cap unless they change the price. The trading volume affects the price (and even more volatility, in an opposite way), and through it the market cap (not the other way round). Strictly speaking, volume could fall even if there were more coins in the market (e.g. the same coin changes less hands over the same period), and it could rise even with less coins in the market (the same coin changes more hands). You are essentially putting the cart before the horse...

Needless to say that this has nothing to do with my daily trading since there is none (just in case)

besides that only a stupid call other stupid, you random insulting as usual don't bring nothing to the discussion, keep them for yourself

So you chose to be stupid, okay then (but don't blame me since it is your choice, just deal with it)

that's my point, they WOULD AFFECT the price, if they enter in play, so you must consider the whole marketcap and not only the current coins that are used

agin you are not making sense on purpose, and again no i didn't choose anything, you are actually making shit up
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