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Topic: Bitcoin or gold? - page 531. (Read 984460 times)

prodigy8
hero member
Activity: 532
Merit: 500
Re: Bitcoin or gold?
July 21, 2015, 02:36:25 PM
#980
Quote from: deisik on June 30, 2015, 02:09:03 PM
Quote from: prodigy8 on June 30, 2015, 01:29:10 PM
eurozone troubles are causing fear in markets all over the world that is why wall st lost ground today and I believe gold and silver are rising

Gold and silver are actually falling, -0.75% and -0.70% at the moment, correspondingly. I think it is not good time to enter precious metals right now, gold could go down a few percentages still, probably even below 1,140$ an ounce (first November, then March, and now July)...

I dont prefer none of them, but just that bitgold has digitalized that gold itself, it is something new in this industry
bit1
legendary
Activity: 938
Merit: 1000
Re: Bitcoin or gold?
July 21, 2015, 11:40:26 AM
#979
Quote from: bitcoinmar on July 21, 2015, 11:30:15 AM
Quote from: bit1 on July 21, 2015, 10:22:39 AM
Gold on minimum levels of lasts 5 years.       http://www.nasdaq.com/markets/gold.aspx?timeframe=5y
Now Gold is also going down badly we have minimum prize in last 10 years and its going down more on other hand bitcoin is now staying on 270 to 280

This proves that gold was in a bubble, And really its going down even more, Definitely isn´t a good time to buy.
bitcoinmar
hero member
Activity: 812
Merit: 500
Re: Bitcoin or gold?
July 21, 2015, 11:30:15 AM
#978
Quote from: bit1 on July 21, 2015, 10:22:39 AM
Gold on minimum levels of lasts 5 years.       http://www.nasdaq.com/markets/gold.aspx?timeframe=5y
Now Gold is also going down badly we have minimum prize in last 10 years and its going down more on other hand bitcoin is now staying on 270 to 280
bit1
legendary
Activity: 938
Merit: 1000
Re: Bitcoin or gold?
July 21, 2015, 10:22:39 AM
#977
Gold on minimum levels of lasts 5 years.       http://www.nasdaq.com/markets/gold.aspx?timeframe=5y
acquafredda
legendary
Activity: 1316
Merit: 1481
Re: Bitcoin or gold?
July 21, 2015, 05:19:33 AM
#976
Seeing what is happening to the gold price at the moment I really started believing in these words

Quote
In the long run we are all dead

Better start doing something right now but, for now!

That's why I'm holding BTC while using them and rebuying them whenever I use them
deisik
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
Re: Bitcoin or gold?
July 21, 2015, 05:06:00 AM
#975
Quote from: yayayo on July 19, 2015, 07:33:00 PM
Frankly, I do not understand the current decline in the price of gold. Despite the Greece crisis and the China stock market crash, gold traded weaker, while one would have expected at capital flight into this safe haven asset at least to some degree. I don't know if the gold price is subject to manipulation, but it's clear, that it's not real physical gold which is traded at the Comex.

The writing was on the wall. Gold fell not despite the Greek crisis and the China stock market crash as of recent, but just because of that (actually, more because of the latter). Physical or paper is irrelevant here...

In fact, I told that before
Somekindabitcoin
hero member
Activity: 518
Merit: 500
Re: Bitcoin or gold?
July 21, 2015, 05:05:38 AM
#974
But why are you comparing Bitcoin and gold? You should compare Bitcoin and Litecoin or any good altcoin that can compete with Bitcoin in a future. And about gold: You should compare gold and for example silver, but if you check the post above me silver is not very good investment so I wouldn't recommend to invest in silver. I see no point in saying "Bitcoin or gold?" It's like "Car or tree?".. can someone explain it to me? Only connection I see between Bitcoin and gold is that you can invest in both of them, but you can't gamble your gold, you can't do giveaways with your gold ( you basically can, but.. ), you can't claim gold from faucets and you can't earn it as easy as Bitcoin.
deisik
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
Re: Bitcoin or gold?
July 21, 2015, 05:02:43 AM
#973
Quote from: bryant.coleman on July 21, 2015, 04:50:55 AM
Quote from: BitTlatoani on July 21, 2015, 03:46:57 AM
Mhhhh, Bitcoin or Gold?.....No!  Bitcoin, Silver and Bitcoin!!!  I will take all three and run like thieve

You prefer silver over gold? Silver is a very volatile currency. Check this:



Silver has lost more than 2/3rd of its value from the peak (which was reached in 2011). And the price is still going down steadily.

Yes, silver is volatile overall, but now it seems that it hit bottom (unlike gold). Look at the current dynamics, gold is crashing down (and is likely to continue to do so till September), but silver persists...
bryant.coleman
legendary
Activity: 3766
Merit: 1217
Re: Bitcoin or gold?
July 21, 2015, 04:50:55 AM
#972
Quote from: BitTlatoani on July 21, 2015, 03:46:57 AM
Mhhhh, Bitcoin or Gold?.....No!  Bitcoin, Silver and Bitcoin!!!  I will take all three and run like thieve

You prefer silver over gold? Silver is a very volatile currency. Check this:



Silver has lost more than 2/3rd of its value from the peak (which was reached in 2011). And the price is still going down steadily.
BitTlatoani
newbie
Activity: 10
Merit: 0
Re: Bitcoin or gold?
July 21, 2015, 03:46:57 AM
#971
Mhhhh, Bitcoin or Gold?.....No!  Bitcoin, Silver and Bitcoin!!!  I will take all three and run like thieve
notlist3d
legendary
Activity: 1456
Merit: 1000
Re: Bitcoin or gold?
July 20, 2015, 09:08:09 PM
#970
I think either way both will forever have value.   How much on BTC in 10 years... i don't know I hope a lot.

But gold if you are more short term you could go almost to any country and spend it.  Even remote no internet can chances are find someone to buy gold.

BTC you need to be in a country that has technology with internet, etc.  So I see it really depending on your plan on where you will be going or retiring.
gentlemand
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
Re: Bitcoin or gold?
July 20, 2015, 06:33:40 PM
#969
Quote from: Somekindabitcoin on July 20, 2015, 06:28:47 PM

I'm not that kind of a person.. I don't even want any kids, duh Sad Gold is not for me tho


You can spend it on a statue of yourself instead. Much cooler than kids and a statue won't paint its room black and tell you it wished it had never been born. 
Somekindabitcoin
hero member
Activity: 518
Merit: 500
Re: Bitcoin or gold?
July 20, 2015, 06:28:47 PM
#968
Quote from: ridery99 on July 20, 2015, 02:16:51 PM
Quote from: Somekindabitcoin on July 20, 2015, 02:02:39 PM
Quote from: bitsum on July 18, 2015, 03:23:14 AM
ofcourse i chose gold

why ?
because bitcoin will bankrupt / smthing

and gold u can keep it until u die xD

Why would you buy gold just to keep it until you die?

So my kids can have it

I'm not that kind of a person.. I don't even want any kids, duh Sad Gold is not for me tho
lorylore
legendary
Activity: 1470
Merit: 1002
Re: Bitcoin or gold?
July 20, 2015, 04:37:32 PM
#967
Quote from: BTCevo on July 18, 2015, 12:55:18 AM
Quote from: mearylll on July 16, 2015, 01:24:09 PM
Quote from: pigzone on July 16, 2015, 11:26:25 AM
Gold is shiny and looks pretty if your that type of character where you fund happiness and comfort from physical stuff lke gold then it is better for you

Gold is always better if you compare it with bitcoin. As people have more faith in gold and it is more popular as compared to the bitcoins. So people would prefer more to invest in gold especially the older generation as they don't know anything about the bitcoins.

Gold is just win only thing from bitcoin. That is its stable price, others than that bitcoin win it for sure. Bitcoin is just the same as gold if you compared it by the price, gold has a stable price which is good for a long investment besides bitcoin has a volatile price and you can get profit from it everyday if you know how to manage it. Both if them are sure profitable




Quote from: madonnino on July 17, 2015, 05:17:40 AM
Quote from: mearylll on July 16, 2015, 01:24:09 PM
Quote from: pigzone on July 16, 2015, 11:26:25 AM
Gold is shiny and looks pretty if your that type of character where you fund happiness and comfort from physical stuff lke gold then it is better for you

Gold is always better if you compare it with bitcoin. As people have more faith in gold and it is more popular as compared to the bitcoins. So people would prefer more to invest in gold especially the older generation as they don't know anything about the bitcoins.

What about invest in gold whit bitcoin? I have a 20% on gold and 80% on bitcoin

Invest gold using bitcoin? That is a pointless thing to do

As far as i know buying bitcoins it cost a bit more that the real value of it, then buying (investing in) gold i see a bit absurd.
Buy direct gold with fiat money.
ridery99
hero member
Activity: 616
Merit: 500
Re: Bitcoin or gold?
July 20, 2015, 02:16:51 PM
#966
Quote from: Somekindabitcoin on July 20, 2015, 02:02:39 PM
Quote from: bitsum on July 18, 2015, 03:23:14 AM
ofcourse i chose gold

why ?
because bitcoin will bankrupt / smthing

and gold u can keep it until u die xD

Why would you buy gold just to keep it until you die?

So my kids can have it
Somekindabitcoin
hero member
Activity: 518
Merit: 500
Re: Bitcoin or gold?
July 20, 2015, 02:02:39 PM
#965
Quote from: bitsum on July 18, 2015, 03:23:14 AM
ofcourse i chose gold

why ?
because bitcoin will bankrupt / smthing

and gold u can keep it until u die xD

Why would you buy gold just to keep it until you die?
lexuz
hero member
Activity: 714
Merit: 500
Me, myself and I
Re: Bitcoin or gold?
July 20, 2015, 01:42:48 PM
#964
Quote from: bitsum on July 18, 2015, 03:23:14 AM
ofcourse i chose gold

why ?
because bitcoin will bankrupt / smthing

and gold u can keep it until u die xD
no one investment is safe, not gold,bitcoin,property or etc. every investment have a risk and gold in this year drop -40%
Amph
legendary
Activity: 3248
Merit: 1070
Re: Bitcoin or gold?
July 20, 2015, 01:39:26 PM
#963
Quote from: BTCevo on July 20, 2015, 12:48:04 PM
Quote from: Amph on July 18, 2015, 03:22:40 AM
Quote from: BTCevo on July 18, 2015, 12:55:18 AM
Quote from: mearylll on July 16, 2015, 01:24:09 PM
Quote from: pigzone on July 16, 2015, 11:26:25 AM
Gold is shiny and looks pretty if your that type of character where you fund happiness and comfort from physical stuff lke gold then it is better for you

Gold is always better if you compare it with bitcoin. As people have more faith in gold and it is more popular as compared to the bitcoins. So people would prefer more to invest in gold especially the older generation as they don't know anything about the bitcoins.

Gold is just win only thing from bitcoin. That is its stable price, others than that bitcoin win it for sure. Bitcoin is just the same as gold if you compared it by the price, gold has a stable price which is good for a long investment besides bitcoin has a volatile price and you can get profit from it everyday if you know how to manage it. Both if them are sure profitable

you call this a stable price? http://www.macrotrends.net/1333/historical-gold-prices-100-year-chart

look from 2000 to 2015 basically gold returned to its primarely value, after an ath of more than 2k, a loss of almost 85%

from 350 to 1600 to today price in 15 years only, not very different than what bitcoin is doing right now...

the stability of gold is overrated

But with this price lately gold is more stable if you compared it to bitcoin, bitcoin just in a few minutes it will up and down like crazy. That is why people are more likely saving gold. But thanks you for giving a great information

i agree that bitcoin is more unstable in the short term, there are more small swings, because of the many shorters, but on the long term both share the same instability
BTCevo
legendary
Activity: 1834
Merit: 1008
Re: Bitcoin or gold?
July 20, 2015, 12:48:04 PM
#962
Quote from: Amph on July 18, 2015, 03:22:40 AM
Quote from: BTCevo on July 18, 2015, 12:55:18 AM
Quote from: mearylll on July 16, 2015, 01:24:09 PM
Quote from: pigzone on July 16, 2015, 11:26:25 AM
Gold is shiny and looks pretty if your that type of character where you fund happiness and comfort from physical stuff lke gold then it is better for you

Gold is always better if you compare it with bitcoin. As people have more faith in gold and it is more popular as compared to the bitcoins. So people would prefer more to invest in gold especially the older generation as they don't know anything about the bitcoins.

Gold is just win only thing from bitcoin. That is its stable price, others than that bitcoin win it for sure. Bitcoin is just the same as gold if you compared it by the price, gold has a stable price which is good for a long investment besides bitcoin has a volatile price and you can get profit from it everyday if you know how to manage it. Both if them are sure profitable

you call this a stable price? http://www.macrotrends.net/1333/historical-gold-prices-100-year-chart

look from 2000 to 2015 basically gold returned to its primarely value, after an ath of more than 2k, a loss of almost 85%

from 350 to 1600 to today price in 15 years only, not very different than what bitcoin is doing right now...

the stability of gold is overrated

But with this price lately gold is more stable if you compared it to bitcoin, bitcoin just in a few minutes it will up and down like crazy. That is why people are more likely saving gold. But thanks you for giving a great information
I E
member
Activity: 62
Merit: 10
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Re: Bitcoin or gold?
July 20, 2015, 11:03:32 AM
#961
Bitcoin is much more interesting.
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