Topic: Bitcoin or gold? - page 504. (Read 984547 times)

Gold is more stable but it is correct that bitcoin has more decreasing and more increasing, it has more risk and the more you do the risk, the more you get income!

When i say that gold is old it means that the price can't drop dramatically,
Like the bitcoin is, the price increases very fast or it drops very fast.
Gold has more reputation and it is used almost in every familiy.

because you think that bitcoin isn't manipulated right? that the up and down are all natural, i think the one who have no clue what is talking about is not me

and aside from this, those pump and dump are real no matter what caused them

interesting when we talk about manipulation of bitcoin like the famous 1200 ath, everyone still remember it, when we talk about gold manipulation everybody dismiss it...

I think old people is more prone to stay with gold, and younger people are more prone to stay on Bitcoin. Why' its simple, old people have a lot more to lose, and less time left to enjoy more money, they may rather risk less.
Young people is screwed in a collapsing economy, so they benefit more from the increased risk of Bitcoin, which may made them millionaires in a couple of years.

Yes gold is old but it give more stable profits but takes long time and moves slowly and less risky compare to bitcoins. So it suitable of less risky investors

Want to put your money where your mouth is?

I would happily place a bet with funds held in Escrow that gold will not fall below $400, that is significantly below production costs.

If they are overleveraged and if they will default soon, then you could see a massive sellof of the ponzi cerfificates, which can further put down pressure on gold.

If the ponzi cerficiate holders start selling their instruments (not necessarly cashout, because they cant), and the Russian CB or Chines CB buys up them extra cheap, then thats 1 thing.

But the gold price can still go significantly lower than what it is now. I expect even to go below 400$, before it rallies again.


On the other hand, bitcoin is pretty much at a bottom, and it will likely rise at next halving.

Comex actually leveraged gold 250:1

Silver may have more upside potential than gold but unfortunately in the UK have 20% tax on it.  I know you can buy from Germany with lower taxes but premiums are still high.

Sticking with britannias and sovereigns at 4% over spot.

I don't know what you are talking about. The Russian central bank alone has hoarded more than 200 tonnes of gold so far this year. China is not far behind. Only the slow economic growth in India and China is preventing the demand for gold spiraling out of control. On the other hand, the Bitpay CEO gave an interview a few months back, in which he said that the daily volumes are steeply declining.

Do you really have any clue what you are talking about? Gold and silver are manipulated like crazy.

The price of gold raise when they seperated it from the usd.

80% of all tradeable gold is paper gold. People who think they own gold when in fact there is just 1/8 physical avialable. This means the real price of gold should by 7/8 times higher then it is.

Same thing for silver, the best part about silver is that the demand rises but there will be no new silver left in about 10-15 years (with this demand). Because silver is used so much in almost every elec product for its unique specs it must remain cheap otherwhise alot of products will be much more expensive then it is now, untill now they have not found anything that could come in place for silver in products.

I woud suggest buying silver and not gold. Many believe the price of silver will go x10 in the next comming years, some even say 2015 is the year the financial markets fail and the price of precious metal will go skyhigh.

I everytime think that it is better to invest in gold.
Because it is much more older than bitcoin.
But as bitcoin is something virtual and it is easy to sell/buy i think bitcoin is better.

you're not seeing the whole picture, i've already said this, but gold is actually falling not rising, and it's not stable like many think

look at the all time chart for gold and you will see the whole picture, from a peak of 1900+ to today price, same shit as bitcoin

there were two peak in 1980 and 2011

What are you talking about, gold demand has surged with Russia an China hoarding the stuff




See how the withdrawal rate has caught up with production rate, can only mean 1 thing for the price sooner or later-

What are you talking about, gold adoption has stagnated (there is however demand for silver).

But bitcoin adoption hasnt, there are many people from Europe nowadays that are joining bitcoin: Slovenia, Czech Republic,Estonia, Hong Kong, etc.

https://www.google.com/trends/explore#q=Bitcoin

Gold has lost some 30% of its value in the last 5 years, and on the other hand Bitcoin has lost 85% of its value in less than 24 months time. You can't compare a 6% per year decline with a 45% per year decline. And also, the prices might be stable but the trade volume is still declining steeply. The adoption has stagnated as well.

Man, the gold price is obviously distorded with the ponzi gold certificate system.

Even the chinese megabanks join the gold manipulation movement:

http://www.cnbc.com/2015/02/02/chinese-banks-to-join-new-gold-fix-from-march.html

That being said, gold can be manipulated, but bitcoin can be too. I still think the bitcoin price is harder to manipulate because its already at low point, but who knows.

Yet the bitcoin price has more upward space, so it could be a better ROI investment.

Gold is slow moving and quite stable product so it is only suitable for less risk takers but bitcoin moves either way quite fast so it is good for risk takers

I probably can wait forever besides I don't have gold to keep.  I would have to keep my 9-5 job and do something else. But I doubt it will be useless in the future. While its a possibility, I don't put all my eggs in one basket. I have two hanging everywhere i go.

Gold, just as bitcoin, is sound money and could rise spectacularly if people start wanting to save in gold.

Both of this option is good. But i personally choose BTC than gold.
Maybe because i still make investment in small money.

Very good. These data are very known by everyone which follow bitcoin. No one can deny that bitcoin is volatile.

But with my charts and with my words i wanted to tell that this year bitcoin was almost stable (new thing for it) while the price of gold (not only for the last year but for about four year and half) is decreasing. Those are the LAST data for both the subjects. And are the ANSWER of the post quoted by me. The author of post has very different (wrong) knowledge abut those (LAST) data. My intention was to show (with data) that he has erroneous knowledges. So my answer have as principal aim to give the ANSWER to the quoted post.

Then, as for the volatility (which is shown during the years 2013-2015) and the tendency of decrease of price during these years of bitcoin these are very known things for everyone which follow bitcoin. Maybe these data had in mind even the author the post quoted by me. But let make a little interpretation.

We have in one hand the price of gold which decreased in the last 4 years and half (so no change of tendency during all this period) and on the other hand the price of bitcoin which is volatile with tendency decreasing (we all know the reason of the decrease - MtGox has pumping artificially the price during its activity) during 2013-2015 and as a new thing the almost stability of this price during all the 2015. Which is the thing which must be underlined according to you? Maybe all this, can told you. I thought not because the first period of bitcoin is well known and don't offer nothing new. Even for the poster. With to much probability it was this period which made possible his thoughts about the volatility of bitcoin. While the almost stability of the bitcoin price it could (must) be new for him. This is needed to give. And that I gave.