BTC to GOLD | Bitcointalksearch.org

muarip

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Quote from: MancyZz on January 21, 2020, 11:28:40 AM

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Quote from: mamahdedeh on January 21, 2020, 08:00:07 AM

Quote from: Doell on January 20, 2020, 08:29:29 PM

Quote from: btcmurat on January 20, 2020, 04:37:19 PM

Gold is always a very valuable mineral. Buying gold is a correct and long-term investment. Bitcoin can generate huge revenue in less time. Also, bitcoin may be good for large investments. Carrying Bitcoin is easier than carrying gold.

you describe bitcoin as profitable in a less time an maybe short but you don't know bitcoin is also profitable in long terms ,gold continues to be mined and will not run out different from bitcoin has a limit and which will bring better prices in the future and short or long in terms bitcoin is more profitable than gold

but the problem is the legality and trust of people in bitcoin is not high, especially since only a small number of active bitcoiners, I think that's the fact at the moment, is different from gold which has a high level of trust, even though the amount is infinite, but all countries accept it

In ancient times all ancient people were familiar with bright yellow sparkling objects so it was very different from the Bitcoin that just grew up a few years ago. Gold is more convincing by many people every day than Bitcoin.

Absolutely, bitcoin is new thing for some people it make people not trust, do not want to use bitcoin and do not want put their money in bitcoin. moreover bitcoin price is fluctuation so people thinking its big risk. but no problem it resolvable by the time. and people preveoustly choice gold will choose bitcoin too

This will happen if you believe in things that you think are profitable even with a gradual time, but gold can never be matched with virtual currencies in my opinion.

kesmex

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Quote from: FanatMonet on January 26, 2020, 09:59:00 PM

Only you and no one else should think here. In the future, gold mining will decrease due to the exhaustion of the main gold-bearing regions of the planet such as the Witwatersrand in South Africa. But compared to Bitcoin, they will decrease very smoothly, and not 2 times every 4 years.

both of these assets are still very long to run out, Bitcoin will do halving where the prizes that will be obtained will be greatly reduced later miners will collapse one by one, as well as Gold

FanatMonet

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Only you and no one else should think here. In the future, gold mining will decrease due to the exhaustion of the main gold-bearing regions of the planet such as the Witwatersrand in South Africa. But compared to Bitcoin, they will decrease very smoothly, and not 2 times every 4 years.

Initscri

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Honestly, I'm kind of one of those people who try to hold as many asset classes available, and while I'm not holding any right now, I'm not opposed to the idea of holding physical gold as an investment. It's a good physical investment to maintain, especially when considering worst case scenarios.

Id be open to converting BTC to gold.

Best Dreams

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Quote from: Latviand on January 25, 2020, 12:28:26 AM

Quote from: NeuroticFish on December 12, 2019, 08:35:50 AM

Quote from: btcltcdigger on December 12, 2019, 07:34:00 AM

As the poll question states, in your opinion, is it a good idea to buy (stack) gold?

Feel free to elaborate your answer.

The poll is incorrect, the question doesn't have a good overall yes/no answer.
In periods like there was 2018, buying gold would have been better. In periods like now buying Bitcoin may be better.
And overall, diversifying by buying both could be even better.

Maybe, it is a matter of investor's mindset. If he is looking for long term investment without risking that much, investing to Gold, at this case, is a good idea but if he is wanting an investment which is a bit risky but would give him a bigger and faster profit, Cryptos would be also fine. Cryptos including Bitcoin, has a more active market value than gold which is a bit consistent. Its market value moves from time to time but its movement includes up and down motion not continuous uprise.

Yeah bitcoin (crypto) is the best option for all investors and thinking about any other investment is the worst choice for sure. For me Gold is nothing in front of bitcoin, selling gold always full of lose so we should take advantage of the time and invest our money only in bitcoin I hope with passage of time bitcoin will be the best asset and right now bitcoin market is under-recovery which is expected to be done till end of 2020.

Latviand

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Quote from: NeuroticFish on December 12, 2019, 08:35:50 AM

Quote from: btcltcdigger on December 12, 2019, 07:34:00 AM

As the poll question states, in your opinion, is it a good idea to buy (stack) gold?

Feel free to elaborate your answer.

The poll is incorrect, the question doesn't have a good overall yes/no answer.
In periods like there was 2018, buying gold would have been better. In periods like now buying Bitcoin may be better.
And overall, diversifying by buying both could be even better.

Maybe, it is a matter of investor's mindset. If he is looking for long term investment without risking that much, investing to Gold, at this case, is a good idea but if he is wanting an investment which is a bit risky but would give him a bigger and faster profit, Cryptos would be also fine. Cryptos including Bitcoin, has a more active market value than gold which is a bit consistent. Its market value moves from time to time but its movement includes up and down motion not continuous uprise.

STT

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Quote

BTC might get stolen, these encryption
are vulnerable by quantum computers.

BTC might be superseded in a number of ways. There is always a chance of FIAT currency somewhere actually turning reliable and engaging digitally with some reliance for the population that uses it. Seems like thats a dream and unlikely because modern politics is in control of currency standards not trade.
My take on quantum computers is same as developing free energy via developments in nuclear making it safe or similar possible avenues; we're talking possible giant alteration to the world that would change far more then BTC. It can happen but I dont see interest in BTC now as a negative for those reasons.
Some holding in gold is sensible for diversification, only a small amount is used as a hedge normally.

elisabetheva

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Quote from: radjie on January 23, 2020, 12:09:33 PM

of course it will look good if we can convert some of our bitcoin into gold, because gold is a low risk investment compared to bitcoin. the money we have can be converted into gold, of course it will be safer and can be said to be the same as saving into the form of objects that have high value

Your opinion is true that gold is a long-term investment that the risk that occurs is very small. When compared to bitcoin investments, although the same forms of investment, bitcoin investments have a high risk, but there is reciprocity can also get large profits. if you can refrain always analyzing well and not quickly panic, bitcoin investment is very tempting.
It must be kept in mind that investments will certainly run the risk of staying at different levels of risk.

radjie

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of course it will look good if we can convert some of our bitcoin into gold, because gold is a low risk investment compared to bitcoin. the money we have can be converted into gold, of course it will be safer and can be said to be the same as saving into the form of objects that have high value

MancyZz

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Quote from: mamahdedeh on January 21, 2020, 08:00:07 AM

Quote from: Doell on January 20, 2020, 08:29:29 PM

Quote from: btcmurat on January 20, 2020, 04:37:19 PM

Gold is always a very valuable mineral. Buying gold is a correct and long-term investment. Bitcoin can generate huge revenue in less time. Also, bitcoin may be good for large investments. Carrying Bitcoin is easier than carrying gold.

you describe bitcoin as profitable in a less time an maybe short but you don't know bitcoin is also profitable in long terms ,gold continues to be mined and will not run out different from bitcoin has a limit and which will bring better prices in the future and short or long in terms bitcoin is more profitable than gold

but the problem is the legality and trust of people in bitcoin is not high, especially since only a small number of active bitcoiners, I think that's the fact at the moment, is different from gold which has a high level of trust, even though the amount is infinite, but all countries accept it

In ancient times all ancient people were familiar with bright yellow sparkling objects so it was very different from the Bitcoin that just grew up a few years ago. Gold is more convincing by many people every day than Bitcoin.

Absolutely, bitcoin is new thing for some people it make people not trust, do not want to use bitcoin and do not want put their money in bitcoin. moreover bitcoin price is fluctuation so people thinking its big risk. but no problem it resolvable by the time. and people preveoustly choice gold will choose bitcoin too

mamahdedeh

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Quote from: Doell on January 20, 2020, 08:29:29 PM

Quote from: btcmurat on January 20, 2020, 04:37:19 PM

Gold is always a very valuable mineral. Buying gold is a correct and long-term investment. Bitcoin can generate huge revenue in less time. Also, bitcoin may be good for large investments. Carrying Bitcoin is easier than carrying gold.

you describe bitcoin as profitable in a less time an maybe short but you don't know bitcoin is also profitable in long terms ,gold continues to be mined and will not run out different from bitcoin has a limit and which will bring better prices in the future and short or long in terms bitcoin is more profitable than gold

but the problem is the legality and trust of people in bitcoin is not high, especially since only a small number of active bitcoiners, I think that's the fact at the moment, is different from gold which has a high level of trust, even though the amount is infinite, but all countries accept it

romero121

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Quote from: iamMhew on January 20, 2020, 11:05:58 PM

Quote from: Doell on January 20, 2020, 08:29:29 PM

Quote from: btcmurat on January 20, 2020, 04:37:19 PM

Gold is always a very valuable mineral. Buying gold is a correct and long-term investment. Bitcoin can generate huge revenue in less time. Also, bitcoin may be good for large investments. Carrying Bitcoin is easier than carrying gold.

you describe bitcoin as profitable in a less time an maybe short but you don't know bitcoin is also profitable in long terms ,gold continues to be mined and will not run out different from bitcoin has a limit and which will bring better prices in the future and short or long in terms bitcoin is more profitable than gold

Be aware of quantum supremacy on holding BTC for longer years it might end you up in the low end. BTC might get stolen, these encryption
are vulnerable by quantum computers.

Such scenario won't happen that easy. Even with quantum supremacy it is calculated for years to break the bitcoin network. With time there is continued development as the market need gets multiplied. The hack and other technical stuffs were the only factors that often make the cryptocurrency investors fear and move the funds to gold and other valuables.

Bitcoin to Gold is good when bitcoin reaches its ath, because at a lower price if you buy gold you aren't gonna get anything out of the investment same as that you get out of bitcoin or other cryptocurrencies investment.

iamMhew

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Quote from: Doell on January 20, 2020, 08:29:29 PM

Quote from: btcmurat on January 20, 2020, 04:37:19 PM

Gold is always a very valuable mineral. Buying gold is a correct and long-term investment. Bitcoin can generate huge revenue in less time. Also, bitcoin may be good for large investments. Carrying Bitcoin is easier than carrying gold.

you describe bitcoin as profitable in a less time an maybe short but you don't know bitcoin is also profitable in long terms ,gold continues to be mined and will not run out different from bitcoin has a limit and which will bring better prices in the future and short or long in terms bitcoin is more profitable than gold

Be aware of quantum supremacy on holding BTC for longer years it might end you up in the low end. BTC might get stolen, these encryption
are vulnerable by quantum computers.

Doell

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Activity: 2156

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Quote from: btcmurat on January 20, 2020, 04:37:19 PM

Gold is always a very valuable mineral. Buying gold is a correct and long-term investment. Bitcoin can generate huge revenue in less time. Also, bitcoin may be good for large investments. Carrying Bitcoin is easier than carrying gold.

you describe bitcoin as profitable in a less time an maybe short but you don't know bitcoin is also profitable in long terms ,gold continues to be mined and will not run out different from bitcoin has a limit and which will bring better prices in the future and short or long in terms bitcoin is more profitable than gold

kapalmabur

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Quote from: bettercrypto on January 20, 2020, 08:46:10 AM

Quote from: nydiacaskey01 on January 16, 2020, 05:10:56 PM

Its a never ending debate on where to invest, in Gold or in BTC. My answer would still be both but I will invest heavily in Gold rather than BTC. If I have a $100,000 I will invest $60,000 in Gold and $40,000 in BTC but I will not hold on to the BTC for a long time, if it generates profits, I will buy additional Gold and keep my BTC in $40,000. If shit hits the fan, I can easily liquidate Gold and turn to fiat.

Yes, i dont know why it is still the issue. Many people have already give their opinion about where they want to invest. Its either gold or bitcoin. It depends on your capacity and capital of where you can buy bitcoin. As long as you are happy with your investment then do what you want.

before that you have to analyze it, the gold price increase is different from bitcoin, you can regret it when the price of bitcoin goes up to 2x and you sell it when it hasn't happened, therefore do it carefully and confidently

btcmurat

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Gold is always a very valuable mineral. Buying gold is a correct and long-term investment. Bitcoin can generate huge revenue in less time. Also, bitcoin may be good for large investments. Carrying Bitcoin is easier than carrying gold.

bettercrypto

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Quote from: nydiacaskey01 on January 16, 2020, 05:10:56 PM

Its a never ending debate on where to invest, in Gold or in BTC. My answer would still be both but I will invest heavily in Gold rather than BTC. If I have a $100,000 I will invest $60,000 in Gold and $40,000 in BTC but I will not hold on to the BTC for a long time, if it generates profits, I will buy additional Gold and keep my BTC in $40,000. If shit hits the fan, I can easily liquidate Gold and turn to fiat.

Yes, i dont know why it is still the issue. Many people have already give their opinion about where they want to invest. Its either gold or bitcoin. It depends on your capacity and capital of where you can buy bitcoin. As long as you are happy with your investment then do what you want.

Yatsan

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Dividing your funds into different kind of asset is a basic move for any investor. Yes! Invest in bitcoin and gold, going all in, in one asset is risky and not professional at all. What will look like a dumb way for investment, buy some bitcoin and alts or bitcoin and gold.

BTW, There's a new project that you can buy a digital gold so buying and selling gold will be easier considering that, it is a online platform and the fee will be lower than buying a physical gold and selling it to the store.

You can read about that project here: https://bitcointalksearch.org/topic/ann-gold-first-100-liquid-stablecoin-backed-by-gold-5161544

deisik

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Quote from: Wexlike on January 19, 2020, 05:37:26 PM

In terms of function of money, Bitcoin is equal or superior to Gold, however in terms of age, Bitcoin is one of the newest types of money while Gold is the oldest

It doesn't really matter

Even if Bitcoin is ways better than gold as money, this doesn't make it a superior means of payment or exchange on its own. All in all, it means that we should forget about the currency aspect of it (even if we still call it a cryptocurrency) and focus more on its store of value side or function. And the bitter irony is that gold makes a whole lot better store of value than Bitcoin in the strictest sense of this term (i.e. when all you need is to preserve your wealth and not multiply it)

iamMhew

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The voting results as of this writing are not surprising, we have a lot of good investors in here, that knows how to diversify. Happy investing everyone!

Topic: BTC to GOLD (Read 2582 times)