Topic: Bitcoin or gold? - page 539. (Read 984547 times)

Quote from: RealBitcoin on June 30, 2015, 05:30:49 AM

Are you kidding? Gold has barely moved in the recent days (was sticking around 0.3-0.5% daily) as always, while bitcoin has been moving about an order stronger than that, that is 3-5% daily. Could you name a day in the recent years (I am not even speaking of months) when gold made even 3% daily?

Today Bitcoin has already made something around 8%

Gold stability has already reached it's climax, and its volatility wont move up or down alot in the long future.

I don't think so. Anything can happen, and, I'm afraid, is already happening. But in any case, Bitcoin volatility will by far surpass that of gold...

And you can't use Bitcoin charts starting from 2010, when it was pretty much in obscurity

Upward movement doesnt count, bitcoin is only a 1 way market, it goes up, so i usually dont even count the upward movement in the volatility figure, i only count the downward movement variance or the downward volatility.

Are you sure that you properly understand what volatility is? There is no such thing as downward volatility as well as upward volatility. Volatility is a measure of variance. Most often, standard deviation is used to numerically express the value of volatility. Do you know how it is calculated?

Quote from: RealBitcoin on June 30, 2015, 05:30:49 AM

Nobody is shorting bitcoin, c`mon Cheesy

I am, since it went over 250. I expect it to come close to 300 (if ever) and then back to 200, and probably even below that. Time will tell

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Quote from: Amph on June 30, 2015, 05:16:05 AM

still it is too much stable until now with this new pump, i was merely talking like how they look akin now with the bitcoin being stuck in the current range(remove the pump that is happening just recently, and that it started after my post) 230-250, for many months

The 230-250 range (which in fact should be something like 220-250) gives you +5% volatility, now compare that to gold daily highs and lows of being about 0.5-1% difference. If bitcoin became just less volatile, it doesn't mean that it became as stable as gold...

Personally, I think that even that is temporary

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Are you kidding? Gold has barely moved in the recent days (was sticking around 0.3-0.5% daily) as always, while bitcoin has been moving about an order stronger than that, that is 3-5% daily. Could you name a day in the recent years (I am not even speaking of months) when gold made even 3% daily?

Today Bitcoin has already made something around 8%

Gold stability has already reached it's climax, and its volatility wont move up or down alot in the long future.

But bitcoin`s volatility has been decreasing linearly since the day of it's inception, with a few "fat tail events" like mtgox or the silk road crap, which added unforseen volatility to it.

But generally speaking, on average, there is a decreasing trend in bitcoin volatility. This is a fact. So wait 5-6 more years and bitcoin will have that 0.3% volatility too.

You can't deny facts can you? Or you are just a gold shill, because as i saw your previous posts, you promote gold very hard even though bitcoin is the supreme instrument.

Today Bitcoin has already made something around 8%[/b][/color]

Upward movement doesnt count, bitcoin is only a 1 way market, it goes up, so i usually dont even count the upward movement in the volatility figure, i only count the downward movement variance or the downward volatility.

Nobody is shorting bitcoin, c`mon Cheesy

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Quote from: Amph on June 30, 2015, 02:37:42 AM

their chart are alike, so it is not fair to compare all the history of gold to 6 year of bitcoin, chart is telling us that they basically share the same pattern, so the same volatility, but bitcoin potentially are bigger, for a series of advantage that everyone know already

I remember you were telling quite the opposite the other day, that gold is dull and boring since its price scarcely moves, and that you can't profit much from it due to this regrettable fact. And now you blabber an entirely different story...

you did not understand apparently, what i was saying is actaully that, bitcoin has the same volatility of gold, which mean it is as stable as it and it is not so volatile at all like many think

O'really?

Quote from: Amph on June 30, 2015, 02:37:42 AM

gold is forever stuck in a limbo, it won't rise by any significant amount, so you can't play with it on the market, unless you deal with a great amount and take advatage of the tiny spread

I guess you either don't know what volatility is or just trying to find a way to weasel out. Otherwise it means that Bitcoin is as dull and boring as gold...

no you did not understand the context of my phrase as always, bitcoin it look stable as a gold right now, and so it will be more stable in the future like gold it is now

and yes bitcoin is boring to trade right now, i never said the contrary, you just made it up, to make look my post wrong as usual, stop with this shit please

Are you kidding? Gold has barely moved in the recent days (was sticking around 0.3-0.5% daily) as always, while bitcoin has been moving about an order stronger than that, that is 3-5% daily. Could you name a day in the recent years (I am not even speaking of months) when gold made even 3% daily?

Today Bitcoin has already made something around 8%

still it is too much stable until now with this new pump, i was merely talking like how they look akin now with the bitcoin being stuck in the current range(remove the pump that is happening just recently, and that it started after my post) 230-250, for many months

that's all, the difference is still negligeable, compared to the old days of bitcoin were volatility was much bigger, there is no comparison...

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their chart are alike, so it is not fair to compare all the history of gold to 6 year of bitcoin, chart is telling us that they basically share the same pattern, so the same volatility, but bitcoin potentially are bigger, for a series of advantage that everyone know already

I remember you were telling quite the opposite the other day, that gold is dull and boring since its price scarcely moves, and that you can't profit much from it due to this regrettable fact. And now you blabber an entirely different story...

you did not understand apparently, what i was saying is actaully that, bitcoin has the same volatility of gold, which mean it is as stable as it and it is not so volatile at all like many think

O'really?

Quote from: Amph on June 30, 2015, 02:37:42 AM

gold is forever stuck in a limbo, it won't rise by any significant amount, so you can't play with it on the market, unless you deal with a great amount and take advatage of the tiny spread

I guess you either don't know what volatility is or just trying to find a way to weasel out. Otherwise it means that Bitcoin is as dull and boring as gold...

no you did not understand the context of my phrase as always, bitcoin it look stable as a gold right now, and so it will be more stable in the future like gold it is now

and yes bitcoin is boring to trade right now, i never said the contrary, you just made it up, to make look my post wrong as usual, stop with this shit please

Are you kidding? Gold has barely moved in the recent days (was sticking around 0.3-0.5% daily) as always, while bitcoin has been moving about an order stronger than that, that is 3-5% daily. Could you name a day in the recent years (I am not even speaking of months) when gold made even 3% daily?

Today Bitcoin has already made something around 8%

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their chart are alike, so it is not fair to compare all the history of gold to 6 year of bitcoin, chart is telling us that they basically share the same pattern, so the same volatility, but bitcoin potentially are bigger, for a series of advantage that everyone know already

I remember you were telling quite the opposite the other day, that gold is dull and boring since its price scarcely moves, and that you can't profit much from it due to this regrettable fact. And now you blabber an entirely different story...

you did not understand apparently, what i was saying is actaully that, bitcoin has the same volatility of gold, which mean it is as stable as it and it is not so volatile at all like many think

O'really?

gold is forever stuck in a limbo, it won't rise by any significant amount, so you can't play with it on the market, unless you deal with a great amount and take advatage of the tiny spread

I guess you either don't know what volatility is or just trying to find a way to weasel out. Otherwise it means that Bitcoin is as dull and boring as gold...

no you did not understand the context of my phrase as always, bitcoin it look stable as a gold right now, and so it will be more stable in the future like gold it is now

and yes bitcoin is boring to trade right now, i never said the contrary, you just made it up, to make look my post wrong as usual, stop with this shit please

I think now is the right time bitcoin trading, especially with many issues evolving, it greatly affects the price of bitcoin .. maybe just some people who want to trade with bitcoin, but very profitable if it has been understood

Amph

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their chart are alike, so it is not fair to compare all the history of gold to 6 year of bitcoin, chart is telling us that they basically share the same pattern, so the same volatility, but bitcoin potentially are bigger, for a series of advantage that everyone know already

I remember you were telling quite the opposite the other day, that gold is dull and boring since its price scarcely moves, and that you can't profit much from it due to this regrettable fact. And now you blabber an entirely different story...

you did not understand apparently, what i was saying is actaully that, bitcoin has the same volatility of gold, which mean it is as stable as it and it is not so volatile at all like many think

O'really?

Quote from: traderbit on June 28, 2015, 11:17:56 AM

gold is forever stuck in a limbo, it won't rise by any significant amount, so you can't play with it on the market, unless you deal with a great amount and take advatage of the tiny spread

I guess you either don't know what volatility is or just trying to find a way to weasel out. Otherwise it means that Bitcoin is as dull and boring as gold...

no you did not understand the context of my phrase as always, bitcoin it look stable as a gold right now, and so it will be more stable in the future like gold it is now

and yes bitcoin is boring to trade right now, i never said the contrary, you just made it up, to make look my post wrong as usual, stop with this shit please

GreenStox

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BTC likely has a better risk/reward ratio

But altcoins have even better RR.

I would personally use it like this:

Asset above 10.000 €/$/£ -> Gold
Assets between 2000 and 10.000 -> Bitcoin
Assets below 2000 -> Spread out between a baskett of altcoins with no or very low inflation

Perfect portfolio, so stop bickering about gold vs bitcoin, instead of fighting lets unite them.

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their chart are alike, so it is not fair to compare all the history of gold to 6 year of bitcoin, chart is telling us that they basically share the same pattern, so the same volatility, but bitcoin potentially are bigger, for a series of advantage that everyone know already

I remember you were telling quite the opposite the other day, that gold is dull and boring since its price scarcely moves, and that you can't profit much from it due to this regrettable fact. And now you blabber an entirely different story...

you did not understand apparently, what i was saying is actaully that, bitcoin has the same volatility of gold, which mean it is as stable as it and it is not so volatile at all like many think

O'really?

gold is forever stuck in a limbo, it won't rise by any significant amount, so you can't play with it on the market, unless you deal with a great amount and take advatage of the tiny spread

I guess you either don't know what volatility is or just trying to find a way to weasel out. Otherwise it means that Bitcoin is as dull and boring as gold...

Amph

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Quote from: bryant.coleman on June 29, 2015, 03:39:46 AM

Quote from: meganburke on June 29, 2015, 03:30:36 AM

Gold is more secure and more volatile.

Gold is more volatile than Bitcoin? I don't know from where did you got your information from. Gold has been one of the most stable forms of wealth during the last 10-15 years, compared to the Bitcoin, which has lost almost 80% of its value in the past 18 months. BTW... I'll agree that it is more secure.

their chart are alike, so it is not fair to compare all the history of gold to 6 year of bitcoin, chart is telling us that they basically share the same pattern, so the same volatility, but bitcoin potentially are bigger, for a series of advantage that everyone know already

I remember you were telling quite the opposite the other day, that gold is dull and boring since its price scarcely moves, and that you can't profit much from it due to this regrettable fact. And now you blabber an entirely different story...

you did not understand apparently, what i was saying is actaully that, bitcoin has the same volatility of gold, which mean it is as stable as it and it is not so volatile at all like many think

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Quote from: Erza on June 29, 2015, 11:50:13 AM

Yes gold is accepted in a whole world, but how are you going to trade with it?

Gold bullion coins and bars, especially those issued by reputable mints such as the Pamp Suisse, the United States Mint, Casa da Moeda do Brasil, Royal Canadian Mint, and the South African Mint can be used for trading around the world. But there will be only a few places which accept these coins, and they are not suitable for low-volume transactions. In addition to this, you should have the documents / certificates proving that you are legally owning these coins / bars.

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Quote from: meganburke on June 29, 2015, 03:30:36 AM

Gold is more secure and more volatile.
Gold is accepted in whole world.
So I think gold is the better choice.
Bitcoin is still in infant. How do you assume that after 10 years it ensure you huge return.
You also can make a portfolio of investing in both gold and bitcoin that reduce risk margin.

What do you think that gold is more volatile that every kind of investment? I guess gold is the stable one compare to other investment.

Yes gold is accepted in a whole world, but how are you going to trade with it?

With bitcoin you can trade it everywhere, although the price is volatile, that is what people wrong about bitcoin, the more vilatile bitcoin is the more profit we could get

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I'd do gold, it has a bigger market as of right now, bitcoin is just a little unpredictable right now. It's kind of scary to invest in large amounts.

deisik

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