Topic: Bitcoin vs. Gold Prices - page 8. (Read 2319 times)
If we ae to compare the btcs and gold prices it would be no doubt that bitcs at the moment are far more expensive than btcs
Every higher building is more prone to be fell down by calamities. same as for bitcs who are far more higher than normal and may cause disaster of its own
But I don't deny that. For the record, I'm quite pro-gold myself. However, the point is gold has always been and still remains a safe haven into which people run when things like major wars and economic meltdowns happen. With that in mind, I'm almost 100% sure that most of gold price rise in the 20th century occurred within just a few years. I suspect these years would be around and after the two world wars, Great Depression, and most certainly after the dollar had been divorced from its gold backup in early 70's as well as during the years that followed the Nixon shock.
It's probably true that gold is going down or flat most of the time, but going up quickly during short periods. This would be consistent with the manipulation of gold prices by the elites, who want people to watch gold prices stay flat, or worse, most of the time. (And this theory is fundamentally not different from the known reality under an official gold standard -- the gold standard was just an elegant way of suppressing gold prices in currency terms.)
The rise of gold prices in dollar terms only happened during the official devaluation during the Great Depression, the default on gold under Nixon in 1971, the US 'malaise' period at the end of the 70s, and the last global financial crisis.
The two world wars actually helped 'stabilize' the currency price of gold, because the imperial elites won and were able to apply a greater degree of financial repression to prop up state-issued currency. Too bad, so many people died, but if it stabilized the elites' system, it's all worth it, right?
People didn't die because the elites wanted to suppress gold value. Yes, they died and yes, price may have been subdued as a side effect of that, but it is still kinda non sequitur here. Regarding manipulation of gold prices by the elites in other times, I think this theory doesn't stand up to scrutiny. Why would they need that if they can get there without doing anything at all? In other words, there is no particular interest in gold apart from speculative in "peaceful" times. To me, your assumption looks more like a conspiracy theory rather than reality. It makes no practical sense to suppress gold prices when you can just put people in debt slavery and then no one thinks about gold twice or at all.
The wider market for gold won't let the network fall in such a large margin. One of which is the fluctuations, with gold user gets a stability and trust. With bitcoin the fluctuation and functional platform seems advanced, but people haven't learned to accept the reality.
But I don't deny that. For the record, I'm quite pro-gold myself. However, the point is gold has always been and still remains a safe haven into which people run when things like major wars and economic meltdowns happen. With that in mind, I'm almost 100% sure that most of gold price rise in the 20th century occurred within just a few years. I suspect these years would be around and after the two world wars, Great Depression, and most certainly after the dollar had been divorced from its gold backup in early 70's as well as during the years that followed the Nixon shock.
It's probably true that gold is going down or flat most of the time, but going up quickly during short periods. This would be consistent with the manipulation of gold prices by the elites, who want people to watch gold prices stay flat, or worse, most of the time. (And this theory is fundamentally not different from the known reality under an official gold standard -- the gold standard was just an elegant way of suppressing gold prices in currency terms.)
The rise of gold prices in dollar terms only happened during the official devaluation during the Great Depression, the default on gold under Nixon in 1971, the US 'malaise' period at the end of the 70s, and the last global financial crisis.
The two world wars actually helped 'stabilize' the currency price of gold, because the imperial elites won and were able to apply a greater degree of financial repression to prop up state-issued currency. Too bad, so many people died, but if it stabilized the elites' system, it's all worth it, right?
gold is only for people who do not want to profit quickly but prefer the safest investment
but for me bitcoin is better with bitcoin able to grow money quickly and it does not take long to grow
but for me bitcoin is better with bitcoin able to grow money quickly and it does not take long to grow
As an investor I would choose bitcoin instead of gold although gold investment is stable and less risky. The value of a bitcoin is much larger than an ounce of gold and I also choose to invest in bitcoin because it gives me more profit despite the risk.
Gold has more stable price which will in future go slowly up in the same time bitcoin has ups and downs but in future its price should be like 10x bigger than now so investing in it should bring big profit.
I think gold have more stable price because market on commodity already mature. Gold already known as investment for centuries. Compare with bitcoin or cryptomarket, its far enough to compare. I am believe cryptomarket will stable and market cap on crypto will increasing more than highest
bitcoin more can get big results but of course, risks exist at large will also be bitcoin on gold. volatile remains a difficult issue for investors bypassed bitcoin.
Gold also poses great risks if you consider the people who have invested since 2013 into gold, probably never got any returns but in that same periods bitcoin must have produced some 1500% of returns. Now say, are you ready to take risk or want to go with traditional options ?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.
I personally do not think altcoins are threat, they are altcoins and that is what they are always going to be, bitcoin is not going to remain stagnant in development and I am sure would keep progressing. Altcoins on the other hand would be more useful for investments while some of them who are claiming to be stronger than bitcoin without any serious usage or product will only end up useless. Let's wait and see.
bitcoin more can get big results but of course, risks exist at large will also be bitcoin on gold. volatile remains a difficult issue for investors bypassed bitcoin.
Gold has more stable price which will in future go slowly up in the same time bitcoin has ups and downs but in future its price should be like 10x bigger than now so investing in it should bring big profit.
I think gold have more stable price because market on commodity already mature. Gold already known as investment for centuries. Compare with bitcoin or cryptomarket, its far enough to compare. I am believe cryptomarket will stable and market cap on crypto will increasing more than highest
Gold has got good support from common people around the globe. This is all because of the increased usage of gold on different needs. Bitcoin as a technology has gained a different reputation from people around the world. This has lead to the growth and increased popularity of bitcoin.
Everything has its own charm and charismatic traits that can’t be compared with something else. Like in this case, both bitcoins and gold have enormous characteristics that need to be observed carefully and only then you can find out what best hidden profits are hidden within these two elements. So this comparison is just waste because this will be ending with nothing. Gold has got good support from common people around the globe. This is all because of the increased usage of gold on different needs. Bitcoin as a technology has gained a different reputation from people around the world. This has lead to the growth and increased popularity of bitcoin.
That is right, that is why we should keep bitcoin rather than gold, I don't condemn gold as it is also profitable but it will take a lot of time unlike in bitcoin wherein you have the potential to gain even within the day depends on the value of bitcoin which is a good thing. Gold investments, averaged out, weren't much better than all the common investment instruments you enumerated, not for the last +30 years. In fact, they were performing worse than, for example, so-called TIPS (treasury inflation-protected securities). Indeed, if you were speculating with gold in a smart way, you would fare much better, but absolutely the same can be said in respect to such assets as stocks and bonds (not sure about deposits, though). And I'm not the only one pointing this out, that gold has been underperforming for the last few decades. In simple terms, its real value has been slowly deteriorating.
The most major paradigm shift in, say the US, was arguably the founding of the Federal Reserve. So I suggest taking the period 1913 to 2018. Gold has gone up on the order of 50 times (from ~$22 to ~$1300 per oz.) The Dow Jones Ind. Average went from very approximately 1000 to today's, say, 25000, so 25 times.
But I don't deny that. For the record, I'm quite pro-gold myself. However, the point is gold has always been and still remains a safe haven into which people run when things like major wars and economic meltdowns happen. With that in mind, I'm almost 100% sure that most of gold price rise in the 20th century occurred within just a few years. I suspect these years would be around and after the two world wars, Great Depression, and most certainly after the dollar had been divorced from its gold backup in early 70's as well as during the years that followed the Nixon shock.
Gold has got good support from common people around the globe. This is all because of the increased usage of gold on different needs. Bitcoin as a technology has gained a different reputation from people around the world. This has lead to the growth and increased popularity of bitcoin.
Gold investments, averaged out, weren't much better than all the common investment instruments you enumerated, not for the last +30 years. In fact, they were performing worse than, for example, so-called TIPS (treasury inflation-protected securities). Indeed, if you were speculating with gold in a smart way, you would fare much better, but absolutely the same can be said in respect to such assets as stocks and bonds (not sure about deposits, though). And I'm not the only one pointing this out, that gold has been underperforming for the last few decades. In simple terms, its real value has been slowly deteriorating.
The most major paradigm shift in, say the US, was arguably the founding of the Federal Reserve. So I suggest taking the period 1913 to 2018. Gold has gone up on the order of 50 times (from ~$22 to ~$1300 per oz.) The Dow Jones Ind. Average went from very approximately 1000 to today's, say, 25000, so 25 times.
we shouldn't forget about the huge gold derivatives market like gold futures, options, ETF's and whatnot, while Bitcoin's derivatives market is outright pathetic and unlikely to become very popular in the future.
I would never buy paper gold.
The entire investment thesis for gold is that your government may (effectively) devalue currency against gold in a financial crisis by trying to inflate away the debt.
Unless you're a multi-decade holder, the probability of this coming true is low, on a day to day basis, especially in the developed world. But when it does pay off, your gains are likely much better than standard investments like stocks, bonds, and deposits.
Gold investments, averaged out, weren't much better than all the common investment instruments you enumerated, not for the last +30 years. In fact, they were performing worse than, for example, so-called TIPS (treasury inflation-protected securities). Indeed, if you were speculating with gold in a smart way, you would fare much better, but absolutely the same can be said in respect to such assets as stocks and bonds (not sure about deposits, though). And I'm not the only one pointing this out, that gold has been underperforming for the last few decades. In simple terms, its real value has been slowly deteriorating.
For me I am gonna support the investment in btcs because btcs can make us rich in a moment 
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. and that's exactly what I wantAlthough, 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.
Gold ! What's that ? This is what is going to happen soon when people will actually stop talking about gold and will just talk about Bitcoin. Even newspapers will stop printing prices of gold and start printing the daily prices of Bitcoin. This day is not far as I can see Bitcoin is growing alot . Infact alot more than what was expected this year.
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