I have no idea but there were 3,000 posts here saying btc is better than or is the new gold
They are two different things.
Like apples and oranges.
Topic: Now u see why I got annoyed by the "btc will replace gold"posts (Read 168 times)
They are two different things.
Like apples and oranges.
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January 17, 2018, 02:43:27 PM
Ok so gold is over 1,300 an ounce and having a good year. Yes if the fed raises interest rates gold will probably fall a bit but I was so annoyed by all those btc better than gold posts. Don't fall in love with inanimate objects they don't love you back. I'm sticking with btc but I'm glad I hedged with gold, silver and stocks.
That’s diversification. I’ve always recommend it, although now I’ve got stocks, bonds, and bitcoin but not metals, but I plan to have them in the future. However, the truth is that bitcoin is the one that can bring us the highest returns. Diversification is protection but in exchange for lower returns.
January 17, 2018, 02:39:55 PM
I'll buy a daytona made out of bitcoins when they release one.
January 17, 2018, 02:37:53 PM
yes bitcoin is better than gold and its a trading material too.
bitcoin is best.
bitcoin is best.
a blockchain is not a physical chain.. meaning
you cannot make a physical necklace out of a bitcoin
you cannot make some ones denture/filling out of bitcoin
you cannot melt a bitcoin and create circuit boards out of it
bitcoin is NOT a commodity. its an asset. they are different markets and many people do not understand the difference
bitcoins UTILITY was never as a commodity. it was a asset currency. and because its losing its utility as a means of payment of goods. its not really fit to sit beside fiat or fight against fiat. its now left in the realm of the speculative asset market, not the monetary market
bitcoin is closer to the real estate market than the gold market. the owner holds the key but never sleeps in the property they own, they just want to pass it on and make profit
if the only positive reply is directly or subtly hyping the 'price' potential. then it shows people need to think deeper about what they are investing in
p.s i have been involved for years and have a nice hoard of bitcoin, but even i can see passed the personal greed to see the reality
January 17, 2018, 02:23:53 PM
yes bitcoin is better than gold and its a trading material too.
bitcoin is best.
bitcoin is best.
January 17, 2018, 02:16:30 PM
In my point of view both of them have advantages and disadvatages. For example Bitcoin more easy to trade and send to each other, but have high fee slow transaction time and have unstable price. Gold its more stable in price and can be good investment cause of it.
January 17, 2018, 02:04:58 PM
I have no idea but there were 3,000 posts here saying btc is better than or is the new gold
January 17, 2018, 02:03:24 PM
How can it? Makes no sense.
January 17, 2018, 02:02:35 PM
Ok so gold is over 1,300 an ounce and having a good year. Yes if the fed raises interest rates gold will probably fall a bit but I was so annoyed by all those btc better than gold posts. Don't fall in love with inanimate objects they don't love you back. I'm sticking with btc but I'm glad I hedged with gold, silver and stocks.
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