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Topic: Bitcoin vs. Gold Prices - page 10. (Read 2319 times)

hero member
Activity: 910
Merit: 501
March 25, 2018, 03:36:29 AM
Trump is pumping gold prices and this will help to bitcoin price soon.
we need btc-gold correction to pass 12000 usd for bitcoin
sr. member
Activity: 462
Merit: 515
March 25, 2018, 03:29:57 AM
None of us know what the future holds for anything, but investing in bitcoin so far is a risk worth taking than gold. Gold is not even that risky anyway considering it is an asset you can sleep and forget about, but still I prefer to go with a new technology that is changing a lot of things, which as a part of the early adopters, I stand to gain much.

It has been explained multiple times already but it is always worth repeating. People investing in Bitcoin and people investing in gold are two different groups of people, two very separate cohorts of investors. Folks investing in Bitcoin are looking for high profits and they are ready to accept the high risks inseparable from such investments. On the other hand, gold investors (so-called gold bugs) are not looking so much for profits as for saving their wealth and capital from depreciation and devaluation over time.
Bitcoin is now the most popular coin in all over the world because of the big profit returns . Gold is considered a good investment transaction that takes less risks but slight in value. Bitcoin is much better because we can earn good moneys without investing any value ,people are usually has an advantages on bitcoin because of the opprtunities they developed like signature campaign. Bitcoin is high in risk but eventually useful in everything. So far for now bitcoin has a good investment method than  gold.

You can't say that Bitcoin is much better in itself. If anything, it had been better during the last two years, but these days (years) may already be over by now. But it is not even only that. You can't possibly say that some asset is better than another judging only by its profitability. You should also take into account the risks connected with it. Some people may be more risk-averse than others, while some other people may not even be looking for profits at all. They may just want to preserve the value of their wealth via risk-free assets such as gold.
sr. member
Activity: 588
Merit: 256
March 25, 2018, 02:23:03 AM
bitcoin and gold have their respective weaknesses, I think bitcoin is faster to gain profit in investing,but bitcoin prices are also very difficult in the guess,compared to a more stable gold price..
bitcoin price is very difficult to predict, but many people who feel the benefits of this type of investment. if we can compare the two types of investment of bitcoin and gold, they are both at risk of their respective advantages and disadvantages. gold has more stable value and the risk is not too high, but can be easily falsified. while bitcoin is obviously very profitable but has a very big risk and can not be falsified.
member
Activity: 280
Merit: 12
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March 25, 2018, 02:02:32 AM
If this we prove that all this is almost the same only gold raw goods and bitcoin is digital money.

Between gold and bitcoin we can use to increase our income, bitcoin is also easy to invest digital gold money is also easy to invest the world.

Jaf price comparison of gold and bitcoin almost the same no 0.5 kg difference in the price of gold equivalent to 1 bitcoin so there is no effect of changes to gold in the development of cripto money.

So far I am also wrong to know the difference in the price of gold and bitcoin turns out these two places of investment are the same no different in the price of the exchange rate.

Although bitcoin prices are now down and have not gone up anyway, the bitcoin price is equivalent to gold, and so if bitcoin rises again it will not change the exchange rate of gold and bitcoin.

But there is one thing we must know that if we invest with bitcoin we can get a big advantage if we are lucky but could also we suffered huge losses if we do not see the statistical details of cripto money market price changes, this is the way we need to pay attention to invest money cripto not just indiscriminately medeposit then make withdrawal without seeing the value of cripto money exchange price in cripto money market.

so before investing cripto money, gold and cash we should see the first price before investing.
sr. member
Activity: 714
Merit: 261
March 25, 2018, 01:34:19 AM
Both the things are different. I'm not sure why this comparison even exist. I mean bitcoin is product of blockchain that exist as decentralised entity and thus works mostly based on public ledger and investor base. It's value comes from there and it also doesn't carry any sort of taxes to change its value at the end user point. While gold is differently mamaged.. it's value comes from the cost of investment that is done on the extraction process, it includes different government charges and taxes and thus it gets the value that we see for it. You guys really think they are comparable with the value they have got. It will be versatile always.
full member
Activity: 180
Merit: 100
Token That Will Transform The Venture Capital Mark
March 25, 2018, 12:44:32 AM
bitcoin and gold have their respective weaknesses, I think bitcoin is faster to gain profit in investing,but bitcoin prices are also very difficult in the guess,compared to a more stable gold price..
legendary
Activity: 1442
Merit: 1025
March 25, 2018, 12:31:14 AM
For me I am gonna support the investment in btcs because btcs can make us rich in a moment Wink and that's exactly what I want
If we make a comparison in between the market prices of bitcoin and that of gold only, then we will get to know that it is the market prices of bitcoin which are far more than that of gold and that they are also increasing at a very rapid rate. The price of gold is very much stable since long and that it is not helping its investors in making of any significant amount of money as well. You need to think well and make a smart decision.
Even in just few years, we all know the impact bitcoin has created for investors and which I am sure gold has not even been able to beat that at all since all the years it has been in existence. I would rather prefer putting my bet more on bitcoin than gold, not like I have any gold anyway.

Although, for security and for safety reasons or not bothering about having a problem with your investment, gold is more of an established asset, but early adopters in a great future, I would not miss that for anything.
member
Activity: 420
Merit: 50
March 24, 2018, 09:12:13 AM
None of us know what the future holds for anything, but investing in bitcoin so far is a risk worth taking than gold. Gold is not even that risky anyway considering it is an asset you can sleep and forget about, but still I prefer to go with a new technology that is changing a lot of things, which as a part of the early adopters, I stand to gain much.

It has been explained multiple times already but it is always worth repeating. People investing in Bitcoin and people investing in gold are two different groups of people, two very separate cohorts of investors. Folks investing in Bitcoin are looking for high profits and they are ready to accept the high risks inseparable from such investments. On the other hand, gold investors (so-called gold bugs) are not looking so much for profits as for saving their wealth and capital from depreciation and devaluation over time.
Bitcoin is now the most popular coin in all over the world because of the big profit returns . Gold is considered a good investment transaction that takes less risks but slight in value. Bitcoin is much better because we can earn good moneys without investing any value ,people are usually has an advantages on bitcoin because of the opprtunities they developed like signature campaign. Bitcoin is high in risk but eventually useful in everything. So far for now bitcoin has a good investment method than  gold.
sr. member
Activity: 462
Merit: 515
March 24, 2018, 08:46:15 AM
None of us know what the future holds for anything, but investing in bitcoin so far is a risk worth taking than gold. Gold is not even that risky anyway considering it is an asset you can sleep and forget about, but still I prefer to go with a new technology that is changing a lot of things, which as a part of the early adopters, I stand to gain much.

It has been explained multiple times already but it is always worth repeating. People investing in Bitcoin and people investing in gold are two different groups of people, two very separate cohorts of investors. Folks investing in Bitcoin are looking for high profits and they are ready to accept the high risks inseparable from such investments. On the other hand, gold investors (so-called gold bugs) are not looking so much for profits as for saving their wealth and capital from depreciation and devaluation over time.
legendary
Activity: 1554
Merit: 1054
March 24, 2018, 07:57:45 AM
For me I am gonna support the investment in btcs because btcs can make us rich in a moment Wink and that's exactly what I want
If we make a comparison in between the market prices of bitcoin and that of gold only, then we will get to know that it is the market prices of bitcoin which are far more than that of gold and that they are also increasing at a very rapid rate. The price of gold is very much stable since long and that it is not helping its investors in making of any significant amount of money as well. You need to think well and make a smart decision.
may take advantage in terms of buying and selling, bitcoin still has a much better advantage than gold, because you can do it instantly and quickly. while gold, so much to think about before serving. but, in terms of price, gold might be better.
Far more than gold. So far, I am sure a lot of us have seen how bitcoin has really ushered in a lot of opportunity over the years and despite all attack from different angles, bitcoin has been doing pretty good.

None of us know what the future holds for anything, but investing in bitcoin so far is a risk worth taking than gold. Gold is not even that risky anyway considering it is an asset you can sleep and forget about, but still I prefer to go with a new technology that is changing a lot of things, which as a part of the early adopters, I stand to gain much.
full member
Activity: 392
Merit: 100
March 23, 2018, 12:41:22 PM
gold is better than gold by holding for too long i think 5000 yers lol but in if you want in short time or 5 or 10 years go for bitcoin or do short trading because bitcoin is more good than goood if we talk about profit you can get more profit here by investing in bitcoin or some altcoins that gives to all a agood amount of btc or you can convert it into real money.
hero member
Activity: 980
Merit: 502
March 23, 2018, 12:29:12 PM
sr. member
Activity: 462
Merit: 515
March 23, 2018, 06:27:59 AM
bitcoin compared to the current price of gold is really very different, bitcoin price reached nearly $ 13k times more than the current price.
Yeah its true in terms of price makes me think that bitcoin was more in demand that gold.And yes bitcoin and gold was precoius but on how bitcoin can change us was so amazed of me.
Well for me they are not same at all, as bitcoin is much more better than GOLD now, people trust BITCOIN more than gold they want to invest in bitcoin as it is new technology and people know that BITCOIN will increase in future so they are investing happily on the other hand investing in GOLD is useless as it is now an old fashioned investment that only spoil your money, once you invest in gold you will realize what huge mistake you have done, so I am totally in favor of bitcoin for investment.

Do you really believe in that? People invest in gold specifically to save their money. How on Earth can investing in gold spoil it? So far it was Bitcoin that not only "spoiled" the money of him who invested at the top, but likely ruined their lives too. What are you going to tell all these people who lost thousands of dollars? That they should trust Bitcoin more than anything else? But trust is not built through words, so imagine how ludicrous and injuring your words would be to them.
sr. member
Activity: 1236
Merit: 252
March 23, 2018, 04:53:18 AM
bitcoin compared to the current price of gold is really very different, bitcoin price reached nearly $ 13k times more than the current price.
Yeah its true in terms of price makes me think that bitcoin was more in demand that gold.And yes bitcoin and gold was precoius but on how bitcoin can change us was so amazed of me.
Well for me they are not same at all, as bitcoin is much more better than GOLD now, people trust BITCOIN more than gold they want to invest in bitcoin as it is new technology and people know that BITCOIN will increase in future so they are investing happily on the other hand investing in GOLD is useless as it is now an old fashioned investment that only spoil your money, once you invest in gold you will realize what huge mistake you have done, so I am totally in favor of bitcoin for investment.
member
Activity: 336
Merit: 10
March 23, 2018, 04:43:49 AM
no matter how I will still support bitcoin and will always play bitcoin because I believe the bitcoin price will be more expensive than gold.
sr. member
Activity: 462
Merit: 515
March 23, 2018, 04:30:38 AM
I think that bitcoin is more reliable than gold - you can transfer it from one country to another without any customs problems. Bitcoin, the heavyweight of the cryptocurrency world, has billed itself as digital gold. Bitcoin is, after all, far more volatile than gold, and still relatively unknown compared to other investment assets. Gold, on the other hand, is well established with institutional investors and has quite a bit of liquidity.

Yes, Bitcoin is by far more volatile than gold, and, to tell the truth, it is more volatile than any commodity out there. So I don't really think it, or any other cryptocurrency for that matter, can be billed as gold. In fact, it is anything but gold or digital gold because gold is the standard of value, a point of reference if you please. Bitcoin is at the other end of the range. It is amusing to see and hear when people male some analogies. I expected that after Bitcoin had lost half of its value within a month, there will be no more such nonsense, but to no avail.
newbie
Activity: 79
Merit: 0
March 23, 2018, 03:27:38 AM
I think that bitcoin is more reliable than gold - you can transfer it from one country to another without any customs problems. Bitcoin, the heavyweight of the cryptocurrency world, has billed itself as digital gold. Bitcoin is, after all, far more volatile than gold, and still relatively unknown compared to other investment assets. Gold, on the other hand, is well established with institutional investors and has quite a bit of liquidity.
sr. member
Activity: 462
Merit: 515
March 22, 2018, 12:28:22 PM
Personally, I don't see any real links between gold and fiat these days. You say that fiat is a rolling devaluation against gold but I don't see how gold is particularly different from anything else, for example, crude oil. What about petrodollar after all, huh? Fiat is depreciating against everything which is anything in terms of value. Apart from that, I don't really feel you can so easily equal gold and crypto. The latter is more like fiat because they share the same trait or fault, lack of inherent value. The recent magnitude 10.0 cryptoquakes that shook the market unequivocally proved that thing, end of story.

"Rolling devaluation" is different from simple inflation in the price of everything else, in that the price of gold is suppressed by the elites through derivative trading most of the time, but must be allowed to rise dramatically during times of financial stress.  This is in effect no different from the gold standard, but with frequent devaluations.  (Suppressing gold appreciation against state money was the real purpose of the gold standard.)  The visible difference between devaluation and inflation is that devaluations were always denied strongly beforehand and implemented overnight, and that the gold price would stay the same for a long time afterwards.

This is an old story about gold being negatively affected by paper gold. There are enough perfectly viable arguments that support the view that paper gold actually props up the value of the real one. If anything, gold derivatives add to speculation, but speculation attracts people looking for easy money. Obviously, gold prices are set to rise under these circumstances. Just like it happens with Bitcoin and other cryptocurrencies.

'Inherent value' is highly misleading, because even gold doesn't have enough 'real' use to justify its current value.  The monetary value of anything is always subject to convention and crowd psychology.  (Because money is ultimately just a protocol.)  The elites have a lot of power because of this, BTW, but that power has been spent by issuing money and debt to benefit previous elites.

This is another point which has already been beaten to death many times. Obviously, nothing has intrinsic or inherent value since all value is subjective. The problem is gold is valued by people through generations, and this value is not susceptible to overnight devaluation, the thing which we have all learned too well with Bitcoin.
member
Activity: 264
Merit: 10
March 22, 2018, 10:25:10 AM
bitcoin compared to the current price of gold is really very different, bitcoin price reached nearly $ 13k times more than the current price.
Yeah its true in terms of price makes me think that bitcoin was more in demand that gold.And yes bitcoin and gold was precoius but on how bitcoin can change us was so amazed of me.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
March 22, 2018, 10:08:48 AM
Well it depends upon the situation , for my own opinion, bitcoin is now most expensive than gold, because bitcoin is very expensive and very securr unlike gold, it can be easily stole.

besides that, we don't have to worry how to safe bitcoin, as long as we can keep our private keys then we are safe. and now, bitcoin price increases higher although it is not as much higher in the last December, but it still more expensive than the gold. we have two type investment today which is bitcoin and gold and we can invest our money in both bitcoin and gold.

Yes, even Goldman Sachs agrees that Bitcoin holds advantages over gold for moving and storing.  But the same report puts gold at an advantage on basically everything else.

To me the biggest threat to Bitcoin is altcoins, since there can be an unlimited number of coins, among all altcoins.  Gold is secured by physics, not by code and data as cryptos are.
Altcoins are indeed a threat for bitcoin because that is where the replacement for bitcoin will come in the future. Altcoins are having more and more better features and specifications and if the people really find an altcoin that is literally better than bitcoin then it will be just easy as pie for that altcoin to replace bitcoin.
Altcoins are no doubt doing very well and that most of the traders are trading in these coins but still you can’t deny the importance of the bitcoin and the name which bitcoin has in the world of crypto currencies.

I don’t really think so that bitcoin can be beaten by any of the crypto currency in the future as well because the way it is performing is too good and above all, it is also helping its investors in making of more money as well.
Just think about the other altcoins that have a better project and target for their coin in the future and for me, that is enough to speculate if bitcoin will have a good future in the long term or it will get replace by another altcoin which can be better than bitcoin because people wants the best and they will not settle with bitcoin if there is better.
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