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Topic: Bitcoin vs. Gold Prices - page 19. (Read 2347 times)

hero member
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January 08, 2018, 04:18:52 AM
#67
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January 08, 2018, 03:47:36 AM
#66
Gold? no more talking about gold. In this modern era, bitcoin is more needed by people. Bitcoin makes investors really sure it's safe to invest their money into it. Bitcoin price also increases fast for years and that's really good for investors too.
Gold has become old fashion of saving your wealth. The market of gold is going down gradually because of the immense popularity of crypto currencies.

Gold investors have withdrawn their much investments form the industry and investing them into bitcoin because of high returns bitcoin give them. Bitcoin is never ever going to lose its volatility which means investors are all the time going to have some profit.
legendary
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January 06, 2018, 10:59:00 AM
#65
Gold? no more talking about gold. In this modern era, bitcoin is more needed by people. Bitcoin makes investors really sure it's safe to invest their money into it. Bitcoin price also increases fast for years and that's really good for investors too.

Maybe you are right as a certain degree. Gold is very old school form of investment. LOL. And bitcoin already surpasses Gold's prices so many times now that its really hard to compare both of them, although they have some similarities. That's why you will hear people saying that Bitcoin is Gold 2.0, because it dawn a new era in terms of investment. But we all know that Gold will be here to stay because it can ask as hedge during crisis like World War. But bitcoin lately have shown it can do it as well, just like in the Venezuelan and Zimbabwe economic crisis. And as far as prices, Bitcoin has been the most valuable assets or investment platform right now overtaking Gold already by miles.
hero member
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January 06, 2018, 09:57:41 AM
#64
Bitcoin I think will overtake gold in many aspects, and will become a lot more valuable in society.

Gold? no more talking about gold. In this modern era, bitcoin is more needed by people. Bitcoin makes investors really sure it's safe to invest their money into it. Bitcoin price also increases fast for years and that's really good for investors too.

Haha, very much true. However, we don't want bitcoin to suddenly drop because of all the growth. Its got the future, I just don't know if this is healthy growth or not.



Gold has been a stable investment for many years, though for sure it will grow outdated in the years to come.
full member
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January 06, 2018, 09:44:43 AM
#63
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January 06, 2018, 08:25:37 AM
#62
newbie
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January 06, 2018, 08:09:07 AM
#61
Gold? no more talking about gold. In this modern era, bitcoin is more needed by people. Bitcoin makes investors really sure it's safe to invest their money into it. Bitcoin price also increases fast for years and that's really good for investors too.
sr. member
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January 02, 2018, 02:38:45 AM
#60
I am very optimistic that the sky is the limit for bitcoin and other cryptocurrencies especially the ten top most popular cryptocurrencies and if the Russian and Chinese will come to terms in driving cryptocurrencies as it is from the beginning then I think the western elite has no option than to embrace cryptocurrencies in other to reset their economic generally.
sr. member
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January 02, 2018, 01:37:21 AM
#59
The last time I did this analysis, gold was a thousand times more expensive than Bitcoin, if we compare the same proportions of total supply.  By now, Bitcoin has risen 30-fold, and so gold is only 30 times more expensive.

Of course, I was roundly dismissed for speculating Bitcoin could get anywhere near a six-figure price in dollars.  If I was criticized for being too bullish on Bitcoin, today I might be seen as too bullish on gold.

With gold, it is pretty easy to predict prices. Unlike Bitcoin, gold value doesn't change much over time. It is its dollar price that changes. So if dollar is going to hyperinflate in the next few years, gold will definitely surge in that currency, but in respect to the value of goods it will likely remain the same give or take a few hundred dollars. Whether dollar is going to crash would depend on the economic policies of the US government as well as the economic situation in countries which aim to replace the American dollar. I mostly refer to China here.
newbie
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January 02, 2018, 12:35:33 AM
#58
bitcoin versus gold?

now even bitcoin is hunted rather than gold. from the data google trends just bitcoin more sought than gold, and this is what makes the interest to buy gold down 30% and of course this bothered gold investors.
Bitcoin and Gold? I think is still more expensive than Bitcoin. Gold has been bought and invested in for years, but Bitcoin is just for a decade. I know Bitcoin is being hunted more seriously this time, but I’m n sure if there’s more Investment going into Bitcoin than Gold, cause I can’t really tell how many people are Investing in Gold and how many that are into Bitcoin.
There are tons of gold out there. And there is not much Bitcoin left for you to mining. The limited amount helps Bitcoin beat gold in price.
legendary
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January 02, 2018, 12:28:17 AM
#57
bitcoin versus gold?

now even bitcoin is hunted rather than gold. from the data google trends just bitcoin more sought than gold, and this is what makes the interest to buy gold down 30% and of course this bothered gold investors.
Bitcoin and Gold? I think is still more expensive than Bitcoin. Gold has been bought and invested in for years, but Bitcoin is just for a decade. I know Bitcoin is being hunted more seriously this time, but I’m n sure if there’s more Investment going into Bitcoin than Gold, cause I can’t really tell how many people are Investing in Gold and how many that are into Bitcoin.
full member
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December 30, 2017, 07:00:00 AM
#56
Gold's price is relatively high and also no chance to depreciate so it is safe to have golds as investment as per bitcoin

Bitcoin can still go up 3 times.  

I think with the way bitcoin now it can still go up higher than 3 fold. Because there are still alot of improvement, investors coming this 2018 due to popularity of bitcoin is pumping. So We cant assume what will be the peak price of bitcoin.

for me i fully support bitcoin than gold.

legendary
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December 30, 2017, 06:41:24 AM
#55
now even bitcoin is hunted rather than gold. from the data google trends just bitcoin more sought than gold, and this is what makes the interest to buy gold down 30% and of course this bothered gold investors.
Gold has never really been a trending search option. We also have to take into consideration that the stock markets have been performing rather well this year, so there basically isn't a need to use it as hedge.

I think this entire year there hasn't been anything in the mainstream news that was gold related, or I have missed it accidentally. It shows that there is nothing to gain for them by covering that subject.

Bitcoin on the other hand was almost a daily guest in every news episode. It's just a matter of hype riding, and that's what the media is doing. Last year there was barely any Bitcoin coverage, which should say enough.
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December 30, 2017, 06:27:36 AM
#54
It has already ended all the bullish trend of the government securing the prices on gold and/or anything that is centralised really. This is because we have the option now, who crypto currencies!

One of the major points I want to bring across is, don't be fooled: key financial assets, including cryptos and other forms of money, are heavily controlled by the elites.  Bitcoin is doing well because it's in the elites' interest.  Has always been this way, and will always be.

That is, until the public truly wakes up.

For example, it's been circulating in the media that Bitcoin's rise is helped by conditions in Venezuela and Zimbabwe.  Their state money is so heavily abused by the government-bank system that the citizens look for a decentralized store of value -- hence the appeal of Bitcoin.  The trouble with this narrative is that, gold and silver are equally decentralized (and arguably much easier to use for poor people.)  Why aren't they going up?  Ah, you see, the elites want to promote Bitcoin, but not gold and silver, at this point.
i can understand this along with other points in this thread.
I think a lot of people are blind to the fact that like other aspects of wealth the elite are involved in crypto and have a certain degree of control.
i am also of the mindset that as we all benefit from the growth of crypto it would make sense to move some of the benefits to gold for instance.
legendary
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December 30, 2017, 05:56:23 AM
#53
This would be a case of 'risk premium.'  For example, stocks on average have to do better than government bonds over the long term, to compensate for the fact that their values are less stable than the bonds.

While this might be true, I still think there's more at play here than risk premium.  As I pointed out, Bitcoin is still cheaper than gold (and was much cheaper not long ago,) so it's more attractive.

But the factor that might be more important than all others is that the Western elites probably favor Bitcoin (and cryptos) over gold as a potential tool for a reset of the entire system, for a variety of reasons (one of which is that it would be very embarrassing to them if gold becomes a thousand times higher than the $35/ounce price that they last tried to defend.)
What kind of risk you are talking about mate there is not that much loss in bitcoin as compared to any other investment coming toward gold, gold has stable values and profit is also stabilized whereas bitcoin has volatile nature (as pf now) prices goes up and down to give people chance to buy and sell to make money and I think in coming year people will forget about gold because bitcoin will delist gold from the safe-heaven investment list.

Bitcoin also will join gold for stable prices at some point of time but we can be sure that time may arrive after 100+ years alone and definitely not in near future.
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December 30, 2017, 12:14:32 AM
#52
bitcoin versus gold?

now even bitcoin is hunted rather than gold. from the data google trends just bitcoin more sought than gold, and this is what makes the interest to buy gold down 30% and of course this bothered gold investors.
full member
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December 29, 2017, 06:33:13 PM
#51
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December 29, 2017, 01:05:43 PM
#50
Gold has lost its importance in the 2k17 and this year show the real power of bitcoin that how much it can go high and bitcoin has a lot to give to the investor as well not only gold investment is affected bitcoin has taken over all the investments like real estate and stocks as well people are withdrawing their money and are investing into bitcoin to earn huge as compared to before and this decision is quite right for everyone,

If the price rise of Bitcoin comes mainly from people who want to ride the wave but don't really understand Bitcoin, then it becomes a short-term speculative bubble.  The elites can easily deflate it, especially now with two Chicago exchanges open to trade Bitcoin futures...
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December 27, 2017, 03:00:30 PM
#49
Looking ahead, bitcoin prices will not be as high as the gold price.
Westerners certainly will not give the debt that they themselves know will be limited later in Bitcoin conditions.
What the russian and chinese want is inversely proportional, this can make inflation for small countries if Bitcoin becomes the official currency. The existence of Bitcoin is certainly a poignant hunting manpower.
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December 27, 2017, 09:40:02 AM
#48
for now bitcoin is gold in the digital world because of the increasingly high price and sought after by many people. so I agree that bitcoin is better than gold
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