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Topic: Re: Will people come back to gold (Read 1658 times)

copper member
Activity: 2940
Merit: 4101
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June 23, 2019, 10:39:32 AM
I'm locking the topic, I didn't want but you guys are just repeating what has been said 100 times already. You don't even know what you're talking about. Thanks Jesus, they are not all like this. Only a few posts are for a real discussion
Probably I will delete all the shit posts next week, so don't be surprised
sr. member
Activity: 1372
Merit: 275
June 23, 2019, 08:47:18 AM
Gold will always be king, because it has intrinsic value.
maybe I don't fully agree with you, even though we must admit that gold can be a very good investment, but those who already know about crypto will definitely say that for long-term and short-term investments and can be very profitable it is definitely crypto compared to gold of course.
if in my opinion it is likely later when the crypto currency is no longer crowded and abandoned by the devotees, the problem is that gold is one of the most popular and promising investments from the past until now. so it could be that the person returned to invest in gold
sr. member
Activity: 1246
Merit: 252
June 23, 2019, 08:15:07 AM
if there is a cycle in the world and everything ends with what began, then in any case gold will always have value.  but it’s very good that in the cryptocurrency market there are quite a lot of cryptocurrencies and different projects that offer different services and their possible uses.  If we compare Bitcoin with gold, because of their limited quantity, then we must first understand how to create a full-fledged infrastructure for its use, since gold is used only as a means for investment.

except its also used for jewellery, dental, electronics and industrial processes.



actually gold with bitcoin is quite different. although the price of gold is quite high, bitcoin can also increase. but if bitcoin is a digital coin and gold is an item that can be made for jewelry. so it's quite different from bitcoin. but for now bitcoin is still still in great demand by people, so of course it's very different. therefore everyone does not necessarily choose gold for investment or anything else.
legendary
Activity: 2254
Merit: 1043
June 22, 2019, 03:27:59 PM
if there is a cycle in the world and everything ends with what began, then in any case gold will always have value.  but it’s very good that in the cryptocurrency market there are quite a lot of cryptocurrencies and different projects that offer different services and their possible uses.  If we compare Bitcoin with gold, because of their limited quantity, then we must first understand how to create a full-fledged infrastructure for its use, since gold is used only as a means for investment.

except its also used for jewellery, dental, electronics and industrial processes.

member
Activity: 644
Merit: 10
June 22, 2019, 03:07:17 PM
if there is a cycle in the world and everything ends with what began, then in any case gold will always have value.  but it’s very good that in the cryptocurrency market there are quite a lot of cryptocurrencies and different projects that offer different services and their possible uses.  If we compare Bitcoin with gold, because of their limited quantity, then we must first understand how to create a full-fledged infrastructure for its use, since gold is used only as a means for investment.
member
Activity: 330
Merit: 10
June 22, 2019, 04:44:15 AM
Some people have suggested that bitcoin or crypto currencies in general will take the place of gold as a means of holding and transferring wealth outside of the conventional banking system and fiat money. However, whilst the current volatility in crypto currencies may attract investors as traders, it is that volatility that will likely deter its use for the foreseeable future as a substitute for gold.
copper member
Activity: 2940
Merit: 4101
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June 21, 2019, 03:20:46 PM
Gold will always be king, because it has intrinsic value.
maybe I don't fully agree with you, even though we must admit that gold can be a very good investment, but those who already know about crypto will definitely say that for long-term and short-term investments and can be very profitable it is definitely crypto compared to gold of course.
but if in my own opinion if the bitcoin like yesterday's price experienced a drastic decline in a long time it is likely that people will definitely return to gold because the level of gold risk with bitcoin is lower in gold which makes many people invest there
No it is not true  gold does not have good value in the market, people are getting profit from investing in crypto currency but gold has very low safety and increasing capacity, when you invest in bitcoin it gives certainty about profit and give you promising safety, but gold has only name in jewelry department, gold is not profitable investment.

Gold doesn't have a good value? How that come? If people are getting profits with cryptocurrencies you don't mention all the people who lost everything. Strange. You don't mention the hacked exchanges and so on but you talk to say gold isn't safe Cheesy.
Look like you still didn't understand Bitcoin, It doesn't give you the guarantee to make profits, It's just a fantasy in your head. Otherwise, everybody would have already invested in.
hero member
Activity: 1078
Merit: 501
June 21, 2019, 03:02:44 PM
Gold will always be king, because it has intrinsic value.
maybe I don't fully agree with you, even though we must admit that gold can be a very good investment, but those who already know about crypto will definitely say that for long-term and short-term investments and can be very profitable it is definitely crypto compared to gold of course.
but if in my own opinion if the bitcoin like yesterday's price experienced a drastic decline in a long time it is likely that people will definitely return to gold because the level of gold risk with bitcoin is lower in gold which makes many people invest there
No it is not true  gold does not have good value in the market, people are getting profit from investing in crypto currency but gold has very low safety and increasing capacity, when you invest in bitcoin it gives certainty about profit and give you promising safety, but gold has only name in jewelry department, gold is not profitable investment.
newbie
Activity: 23
Merit: 0
June 21, 2019, 09:52:39 AM
Currently it seems that Russia is buying and hoarding gold. Markets typically start buying gold when there is an imminent threat of destabilization. That being said different groups read signals differently. Nevertheless over a long enough period gold is incredibly stable and keeps its value. The purchasing power of gold seems to be very similar to what it was 1000 years ago. I find gold tokenization fascinating. The problem often comes in with the physical storage of the gold. Thats an added layer of trust or distrust unfortunately.

I don't think China and Russia are going to stop hoarding gold anytime soon.
sr. member
Activity: 1162
Merit: 258
1xbit.com
June 21, 2019, 09:37:14 AM
Gold will always be king, because it has intrinsic value.
maybe I don't fully agree with you, even though we must admit that gold can be a very good investment, but those who already know about crypto will definitely say that for long-term and short-term investments and can be very profitable it is definitely crypto compared to gold of course.
but if in my own opinion if the bitcoin like yesterday's price experienced a drastic decline in a long time it is likely that people will definitely return to gold because the level of gold risk with bitcoin is lower in gold which makes many people invest there
sr. member
Activity: 938
Merit: 250
June 21, 2019, 09:07:36 AM
Still, people have very strong faith towards Gold compared to Bitcoin because only a few percentages of people entered into the crypto market. So Gold is a physical entity where people will invest more percentage into Gold compared to cryptocurrency.
until now, gold is still the target to be obtained. it's just that, because of the difficulty of producing gold, people shift their focus to other things like work, and other businesses. if there is an opportunity, of course people will refocus on looking for gold. for now, I think many people are still looking for that.

until now the community was still focused on gold. because gold has a high enough value. but getting it is sometimes difficult, and it's not easy. same as bitcoin. of course to get bitcoin is also quite difficult. although it is equally difficult to obtain but gold is in great demand.
full member
Activity: 334
Merit: 100
June 21, 2019, 02:44:42 AM
LOL, funny you op what makes you think that the shit posters are still not going to mess this one up, unless you're out to be moderating this topic all the time. As for Gold coming back, that is for sure. Interest for gold has been growing more and more as of recent. But if you don't mind, what do you mean by what you said - Iran and its crypto will be backed by Gold? If Iran has a cryptocurrency, then I know nothing about it. You mind explaining that? If they do have cryptocurrency of their own, what's the name of the crypto and for how long now has it been around and is it centralized?
hero member
Activity: 1624
Merit: 500
June 21, 2019, 02:12:44 AM
Still, people have very strong faith towards Gold compared to Bitcoin because only a few percentages of people entered into the crypto market. So Gold is a physical entity where people will invest more percentage into Gold compared to cryptocurrency.
until now, gold is still the target to be obtained. it's just that, because of the difficulty of producing gold, people shift their focus to other things like work, and other businesses. if there is an opportunity, of course people will refocus on looking for gold. for now, I think many people are still looking for that.
full member
Activity: 1134
Merit: 102
June 21, 2019, 12:20:48 AM
Still, people have very strong faith towards Gold compared to Bitcoin because only a few percentages of people entered into the crypto market. So Gold is a physical entity where people will invest more percentage into Gold compared to cryptocurrency.
member
Activity: 653
Merit: 10
June 20, 2019, 11:48:52 PM
How come many investor will come back to the gold investment where bitcoin always giving higher price just short period, will they want take less profit with gold or higher profit with bitcoin investment.
full member
Activity: 899
Merit: 101
June 20, 2019, 10:28:23 PM
There is nothing as coming back to gold, already each and every user of cryptocurrency consider bitcoin as an added opportunity to make profiting as the market value is volatile. As the market is regulated as well have got years of history people give importance as an asset that can secure of funds under an market condition. This way gold gets priority even among the professional traders of bitcoin.
Exactly.Gold has existed already a hundred years ago and up to the present,people are still holding gold for investment.Bitcoin is just another way to make huge profits so for sure people are also seizing this opportunity to make them more profitable more than what gold can offer to them.They did not leave gold,they only add bitcoin as their source of profits.
as good investment portofolio, we should not leave gold.moreover in few days ago gold price rising.as safe heaven in finance market , gold price has good opportunity to keep rising in hit new all time high again,it have similarity with bitcoin.
sr. member
Activity: 1092
Merit: 256
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June 20, 2019, 06:37:45 PM
There is nothing as coming back to gold, already each and every user of cryptocurrency consider bitcoin as an added opportunity to make profiting as the market value is volatile. As the market is regulated as well have got years of history people give importance as an asset that can secure of funds under an market condition. This way gold gets priority even among the professional traders of bitcoin.
Exactly.Gold has existed already a hundred years ago and up to the present,people are still holding gold for investment.Bitcoin is just another way to make huge profits so for sure people are also seizing this opportunity to make them more profitable more than what gold can offer to them.They did not leave gold,they only add bitcoin as their source of profits.
This is the reality with the market, gold with its years of history and varied usage around the globe gained importance as an investment. Further what we experience with bitcoin is entirely new from that of gold which is completely physical asset backed. As said people won't get back to gold, they have bitcoin added to the list of investment asset for profiting and gold will be kept as safety reserve.
member
Activity: 280
Merit: 12
June 20, 2019, 06:18:19 PM
not if we start interstellar mining. People do not realize that gold exists outside of just our planet
hero member
Activity: 3052
Merit: 606
June 20, 2019, 06:01:18 PM
There is nothing as coming back to gold, already each and every user of cryptocurrency consider bitcoin as an added opportunity to make profiting as the market value is volatile. As the market is regulated as well have got years of history people give importance as an asset that can secure of funds under an market condition. This way gold gets priority even among the professional traders of bitcoin.
Exactly.Gold has existed already a hundred years ago and up to the present,people are still holding gold for investment.Bitcoin is just another way to make huge profits so for sure people are also seizing this opportunity to make them more profitable more than what gold can offer to them.They did not leave gold,they only add bitcoin as their source of profits.
sr. member
Activity: 2422
Merit: 267
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June 20, 2019, 05:57:46 PM
Gold will always be king, because it has intrinsic value.
maybe I don't fully agree with you, even though we must admit that gold can be a very good investment, but those who already know about crypto will definitely say that for long-term and short-term investments and can be very profitable it is definitely crypto compared to gold of course.
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