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Topic: Bitcoin vs. Gold Prices - page 2. (Read 2319 times)

jr. member
Activity: 308
Merit: 3
The Premier Digital Asset Management Ecosystem
May 09, 2018, 11:58:30 PM
Gold is differnet than BTC, and also their prices and charts are differents as well. Gold is much older than Bitcoin and a lot more trusted by people, its price is more stable while BTC price is always volatile.
In the other side, Bitcoin price is going up actually faster than Gold's price.
Yes. The gold market is stable, so investing in them will be profitable. BTC high risk and high profit. Anything has its value. so dare to take risks you will soon rich.
newbie
Activity: 18
Merit: 0
May 09, 2018, 06:27:59 AM
Gold is a dead investment. We could not get good returns on Gold, while Bitcoin has given us highest return on investment. Better to invest in Bitcoin rather than Gold.
sr. member
Activity: 1484
Merit: 254
May 09, 2018, 06:22:18 AM
But the time has changed and bitcoins have became much more expensive than even gold and platinum
Can be said so, the same as 100 years ago when everyone rely on the post office to send letters or documents, the presence of emails has replaced the post office function and I'm sure that the presence of bitcoin soon replaces gold someday.
member
Activity: 420
Merit: 10
May 08, 2018, 03:55:55 PM
Gold is far better than volatile btcs. The former is physical portfolio that assures investment benefits but not like thos virtual cryptoz

Yes, you should be content with 10-155 annual return with your gold while we make that much in a day. It is funny to see people still sticking to gold or other traditional investments.
If you will buy more than this even then you won’t earn high with bitcoin so it is the good to buy bitcoin instead of gold, People are not really aware of it that gold investment is now an old fashioned investment which consumes more investment but gives small profit; it is good to buy bitcoin only and earn high profit than any other investment.
Bitcoin is at the stable path these days and the price is moving around 9k dollar which is a biggest achievement because the price was very low last month and from the start of the year but suddenly the price started the increase trend and now the value is stable at this stage. Gold is better but you will get less profit as compared to Bitcoin profit.
Gold will never give best profit as like bitcoin's profit because gold price is increase after many years but bitcoin price is increase very fast and its price also going to high, so that's why when you invest in bitcoin it will give you best profit and that's why you can everything in your life but if you invest in gold it will never huge profitable as like bitcoin and that's why you can never get benefits in gold's profit, so bitcoin is much better than gold.
sr. member
Activity: 462
Merit: 306
May 08, 2018, 03:43:15 PM
There is no need discussion for this comparison due to bitcoin advantages.. bitcoin goes up again and again..
hero member
Activity: 672
Merit: 500
May 08, 2018, 03:29:47 PM
Gold is far better than volatile btcs. The former is physical portfolio that assures investment benefits but not like thos virtual cryptoz

Yes, you should be content with 10-155 annual return with your gold while we make that much in a day. It is funny to see people still sticking to gold or other traditional investments.
If you will buy more than this even then you won’t earn high with bitcoin so it is the good to buy bitcoin instead of gold, People are not really aware of it that gold investment is now an old fashioned investment which consumes more investment but gives small profit; it is good to buy bitcoin only and earn high profit than any other investment.
Bitcoin is at the stable path these days and the price is moving around 9k dollar which is a biggest achievement because the price was very low last month and from the start of the year but suddenly the price started the increase trend and now the value is stable at this stage. Gold is better but you will get less profit as compared to Bitcoin profit.
full member
Activity: 350
Merit: 100
May 08, 2018, 02:15:47 PM
Gold is differnet than BTC, and also their prices and charts are differents as well. Gold is much older than Bitcoin and a lot more trusted by people, its price is more stable while BTC price is always volatile.
In the other side, Bitcoin price is going up actually faster than Gold's price.
member
Activity: 322
Merit: 10
May 08, 2018, 01:42:45 PM
The price of gold and bitcoin prices may be equally valuable and equally valued, even though both are worth more of the price of bitcoin fluctuating than the relatively stable gold price and even so the bitcoin price is very rich more than the price of gold today still relatively cheap.
full member
Activity: 546
Merit: 100
May 08, 2018, 01:36:19 PM
Although bitcoin price is more expensive than gold but gold in paired with bitcoin to make long-term investment, but now people prefer to measure because most people do not know full bitcoin and also about the price of more stable gold, so people choose gold
Bitcoin price can became more expensive over than the gold price, and i think a lot of people will surely choose to invest with bitcoin because even the the value of it is not stable, but the value of it can be very high in the future.
Bitcoin now days is going very stable between few dollars and that is why the market is normal and all the processes are going normal we are observing  only little jumps and nothing more. It made easy for people to take their decisions to buy at this time, in other sense the coin is giving some more time to people that for investment the time is still available but soon it is going to fly. On the other hand gold has remained stable and this stability gets out one factor but the profit is low as compared to that from Bitcoin.
No doubt in these. I have different opinions than other people about bitcoins and gold. We can’t just compare them. Bitcoins aren’t the kind before gold and so is the gold before bitcoins. These both are kings in their own world. But here, if your priority is a safe hand gaming where you may get low but less risky profit, then gold is best. And in other case, for big profits with her risk, bitcoins are amazing.

Comparing Bitcoin price with the prices of gold, you can always visit the site that gives you the best information about it: https://goldprice.org/cryptocurrency-price/bitcoin-price
jr. member
Activity: 97
Merit: 1
May 07, 2018, 04:28:31 PM
But the time has changed and bitcoins have became much more expensive than even gold and platinum
member
Activity: 322
Merit: 10
May 06, 2018, 04:53:02 PM
Gold is far better than volatile btcs. The former is physical portfolio that assures investment benefits but not like thos virtual cryptoz

Yes, you should be content with 10-155 annual return with your gold while we make that much in a day. It is funny to see people still sticking to gold or other traditional investments.
If you will buy more than this even then you won’t earn high with bitcoin so it is the good to buy bitcoin instead of gold, People are not really aware of it that gold investment is now an old fashioned investment which consumes more investment but gives small profit; it is good to buy bitcoin only and earn high profit than any other investment.
sr. member
Activity: 462
Merit: 515
May 06, 2018, 09:51:56 AM
I am a bit confused about the whole idea. Why would bitcoin be a part of the monetary engineering thing for any of these countries when it was not even made or invented to do this tasks? Is this just an analysis of yours trying to connect things or you do really have proofs for that statement. Or is this just all coincidence. This is not even under the government control so how can one country benefit from it?

That is totally understandable.  A country's government can benefit from Bitcoin by holding a lot of it and using its holdings to ensure its own currency doesn't drop too much in value against Bitcoin.  (This is assuming Bitcoin has gained widespread trust as a good store of value.)

This could hypothetically work out for smaller countries or countries in a dire economic situation such as Venezuela, Zimbabwe and other countries where local monetary systems have already failed (Zimbabwe) or are in the process of failing (Venezuela). Bigger and more powerful countries don't need that since they have enough power and economic as well as administrative muscle to force the use of a national currency onto the masses as long as they themselves pursue sane economic and monetary policies with inflation rates bridled.

State issued currency is being inflated all the time, because of the incentives for the elites to issue more money and debt.  From the elites' point of view, it's better to have a non-state money be the support for their issued money, in this way.  This is the entire reason for having hundreds of years of modern history under gold or silver standards.  (A stable gold/silver standard was the 'best' environment for the elites to skim off the cream of the economy by issuing money and debt.)

This is not the real reason behind gold and silver being used as money back in the day. The true reason is that states were weak then, rulers were often overthrown as a result of warfare or intrigue, and thus nobody would use paper money when it was guaranteed to lose all purchasing power in a couple of years, not even the kings themselves. Paper money, and especially paper money not backed up by anything (aka fiat) is an attribute of a powerful state.

You seem to be overwhelmed (bordering on obsessed) with conspiracy theories.
newbie
Activity: 64
Merit: 0
May 06, 2018, 06:58:09 AM
Bitcoin is the medium of modern trading. It's price increases and decreases. Investing at a lower price increased up to a few times.
Gold is more used used in decoration. It's price decreases, leads to if the price increases. It does not grow too much. I think, bitcoin investment can be of much benefit to gold.
hero member
Activity: 728
Merit: 501
CryptoTalk.Org - Get Paid for every Post!
May 06, 2018, 06:28:14 AM
If we compare the price of course I prefer bitcoin, bitcoin price can rise hundreds or even thousands of percent per year while the gold price only rose not more than 20% per year, but for security reasons then I will share my money for gold and bitcoin.
By comparing it they have both own unique properties that we don't considered. In prices, bitcoins can make huge difference in inflation and it has a higher rate of risk of manipulation and prone in dumping so the volatility of price can chanhe from time to time. Gold was still on growing with a stable price rise movement that we can noticeably see the the big difference in both prices.
member
Activity: 322
Merit: 10
May 06, 2018, 06:25:40 AM
Yes, Bitcoin is supposed to be big money with many well-known investors, many of whom are involved in Bitcoin waiting for the price to rise in the bull market. At present, investment in the gold market is not as volatile as Bitcoin. Many people choose the gold investment.
sr. member
Activity: 1190
Merit: 250
May 06, 2018, 06:16:30 AM
If we compare the price of course I prefer bitcoin, bitcoin price can rise hundreds or even thousands of percent per year while the gold price only rose not more than 20% per year, but for security reasons then I will share my money for gold and bitcoin.
sr. member
Activity: 462
Merit: 515
May 06, 2018, 06:04:43 AM
Bitcoin and Gold prices are very different. We can not equate between Bitcoin and Gold. Maybe everyone can believe in Gold but not everyone can believe in Bitcoin. Bitcoin still sounds very foreign while Gold is already very well known throughout the country. But if for me the most profitable is Bitcoin. This has been very proven.

It is not about beliefs and personal preferences as such. Bitcoin is more like stock, any way you look at it. And it's not like blue chips where the stocks of IBM, Apple, Microsoft, and their likes truly belong to, but more like second-tier stocks where not so firmly established companies fit into. In this aspect, altcoins (well, most part of them) are just trash or junk stocks which are here today but gone tomorrow. Gold is a completely different animal which is entirely alien to these beasts, which lives in a completely different environment.

People should understand that most if not all comparisons between gold and crypto are meaningless because they are based on inconsistent criteria, for example, profitability and reliability.
newbie
Activity: 70
Merit: 0
May 06, 2018, 04:52:53 AM
Bitcoin is believed to be the new gold of today. But the only difference between the prices of these two entities is that gold's prices are stable compared to bitcoin's volatile that rises and falls drastically any time of the day.

Two objects are equally implied because both are obtained by way of mining or mining. As we know, gold mining has been done for centuries and is derived from crops. While bitcoin mining is done digitally that is through solving a series of mathematical problems (puzzle) based on certain difficulty level.
But you need to know that gold trading and bitcoin trading is very different in terms of price transactions. Gold and bitcoin can both be traded online. Determining bitcoin prices tends to rely on speculation. While gold, there are fundamental factors that affect the movement of gold prices. But physical ownership, like physical gold, becomes one of the advantages for gold. This is what makes gold a valuable asset for centuries and its ever-growing value.
jr. member
Activity: 180
Merit: 9
May 04, 2018, 07:22:02 PM
bitcoin compared to the current price of gold is really very different, bitcoin price reached nearly $ 13k times more than the current price.


Bitcoin won’t replace gold. They have a different purpose. Gold is used for ornamentation due to the inherent properties,  and it provides such as malleability and shine. While bitcoin does not offer ornamental advantage. However it might be true that the price of BTC is predicted to hit less than $100 in five year because  thebhigh volatility of bitcoin price. Bitcoin investments is more volatile than gold investments and the risks involved with gold investments are way less than those involved with bitcoin investments which is why gold appeals to people more. They know that even if the percentage of ROI is much smaller compared to that of bitcoin, their money are more safe because bitcoin price is obviously more volatile.
full member
Activity: 518
Merit: 100
May 04, 2018, 07:17:03 PM
Bitcoin and gold differs in one another just because Bitcoin as an investment is done through internet access and when you invest in it it is a risk because you don't know what will happen to your money while gold as an investment is a material you can see it and hold it and you had no fear if loosing it .
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