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Topic: The Real Reason to Hold Gold And Bitcoin - page 17. (Read 674532 times)

member
Activity: 364
Merit: 10
BitSong is a decentralized music streaming platfor
Gold is already age old currency and price wont increase whereas bitcoin is limited supply with high demand and decentralised in nature
Yes, but gold is not only a currency, it is still widely used in the electrical industry (gold conducts electric very well, much better than copper or silver). Bitcoin is only an electronic currency. But I agree - as a means of payment this is the best option. Cool
member
Activity: 392
Merit: 10
Gold and BTC are good investment tools!

Gold has a long history of being a special commodity with monetary properties, and bitcoin is a remarkable experiment in exploring the future of money.

Investing in gold is less risky than investing in bitcoin.
newbie
Activity: 177
Merit: 0
The world is run by the state-bank alliance.  The top politicians and bankers jointly profit from inflating the values of money and debt with state power -- this system couldn't survive without either side.

See Dissecting the Parasitocracy.

The interesting thing is, if you buy and hold gold and Bitcoin for the long term, you can benefit.  (Just make sure you don't buy when the global empire is rising, like the 1950s or early 1990s.)  The reason is also due to the nature of the state-bank alliance.

Note that, in this alliance, the top politicians contribute state power, while the top bankers contribute financial know-how.  The politicians, being totally ignorant in this high-stakes and specialized game, are basically led around like children.  They just go along because they benefit from issuing huge amounts of public debt without being punished by the 'markets.'

So here's the problem with this alliance.  When financial asset values collapse (and this day will come, due to the incentives faced by the elites) and everyday people suffer, the politicians will put all the blame on the bankers.  The reasons are obvious (and there is no loyalty in that game,) and the politicians are going to win that argument.  The biggest such events in history include the Spanish Inquisition and the Nazi Holocaust.  In our day, politicians like Bernie Sanders and Elizabeth Warren have already gone after the bankers.

Knowing that, the bankers and central bankers must prepare a last-ditch rescue for a worst-case scenario, when all trust in the system is gone.  That rescue will be some non-state-issued asset, like gold, silver, and Bitcoin, that the elites can peg their money to (at a high price for the non-state asset,) stabilize their system, and ease the suffering.  Even if the bankers think there's only a small chance for such an occurrence, it will be so devastating to the bankers that they must prepare for it.

So, the elites will try to suppress non-state assets, but won't kill them, even when given a chance.  In the long run, this presents something like a one-way bet for these assets, at current prices.

I think It depends on what you like. Both is good investment. Gold is more stable than bitcoin. But, Bitcoin ia more profitable when the price is high in last year.

For me it's because they are both proven and tested in terms of our market value. Makes our future secure and brighter. Being an investor that is the best  for us.
newbie
Activity: 88
Merit: 0
The world is run by the state-bank alliance.  The top politicians and bankers jointly profit from inflating the values of money and debt with state power -- this system couldn't survive without either side.

See Dissecting the Parasitocracy.

The interesting thing is, if you buy and hold gold and Bitcoin for the long term, you can benefit.  (Just make sure you don't buy when the global empire is rising, like the 1950s or early 1990s.)  The reason is also due to the nature of the state-bank alliance.

Note that, in this alliance, the top politicians contribute state power, while the top bankers contribute financial know-how.  The politicians, being totally ignorant in this high-stakes and specialized game, are basically led around like children.  They just go along because they benefit from issuing huge amounts of public debt without being punished by the 'markets.'

So here's the problem with this alliance.  When financial asset values collapse (and this day will come, due to the incentives faced by the elites) and everyday people suffer, the politicians will put all the blame on the bankers.  The reasons are obvious (and there is no loyalty in that game,) and the politicians are going to win that argument.  The biggest such events in history include the Spanish Inquisition and the Nazi Holocaust.  In our day, politicians like Bernie Sanders and Elizabeth Warren have already gone after the bankers.

Knowing that, the bankers and central bankers must prepare a last-ditch rescue for a worst-case scenario, when all trust in the system is gone.  That rescue will be some non-state-issued asset, like gold, silver, and Bitcoin, that the elites can peg their money to (at a high price for the non-state asset,) stabilize their system, and ease the suffering.  Even if the bankers think there's only a small chance for such an occurrence, it will be so devastating to the bankers that they must prepare for it.

So, the elites will try to suppress non-state assets, but won't kill them, even when given a chance.  In the long run, this presents something like a one-way bet for these assets, at current prices.

I think It depends on what you like. Both is good investment. Gold is more stable than bitcoin. But, Bitcoin ia more profitable when the price is high in last year.
hero member
Activity: 2128
Merit: 520
hold gold for the long term, we know that the price of gold will not go down and will always rise even if it does not rise rapidly. while the reason for hold bitcoin, bitcoin prices is fluctuating and prices can change in a fast time.
Bitcoin still unknown to assess the real value, while gold already has, from the generations gold serve as an assets of those rich countries all over the world, they can count how big or success the country was in terms of their holdings, while bitcoin still have a questionable progress, but it is indeed that
those who hold bitcoin from the time it was introduce and still holding it right now is more wealthier than those who  holds gold in the same time, it still
good judgement that we needed in order to analyze if which is more profitable but for me having both assets can be much better,.
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Activity: 714
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hold gold for the long term, we know that the price of gold will not go down and will always rise even if it does not rise rapidly. while the reason for hold bitcoin, bitcoin prices is fluctuating and prices can change in a fast time.
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Activity: 1232
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The reason for hold bitcoin because I was hoping to get a big profit and in a short tempo, while the main reason for the hold gold because I'm sure that the gold price will continue to rise although very small.
jr. member
Activity: 124
Merit: 1
I think they are both good to invest with and good to hold for a long time. And I think the real reason we hold gold and bitcoins just because we want to make a profit and have a better life in the future.
jr. member
Activity: 124
Merit: 1
Gold's investment value is to hedge against inflation, not growth.

Some of the value of bitcoin is reflected in the asset characteristics, which are also valuable for investment.
member
Activity: 265
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Gold has been around since millenniums and it has always been one of the safest and greatest investment for individuals as well as the countries themselves as it can be used for many reasons. In the states theory it would be logical to store gold as a last exit but if btc will be on top it would be wiser to get btc as there is not any burden of transport and such things.
full member
Activity: 1130
Merit: 133
The only reason I see is that they are both a good store of value. Bitcoin is best in trading and investment, while gold is useful. Bitcoin and gold is a good savings and most trusted and has a profit.
we know that bitcoin and gold have their own advantages.but both of them actually have same thing about supply.gold supply that time by time will empty make its price exspensive.same thing with bitcoin with supply only 21million and circulate more 17 million.when all supply in market no more stocks and it make bitcoin price very exspensive.
member
Activity: 210
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The only reason I see is that they are both a good store of value. Bitcoin is best in trading and investment, while gold is useful. Bitcoin and gold is a good savings and most trusted and has a profit.
jr. member
Activity: 238
Merit: 3
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is something value that very good as investment, sometimes people want to make their money to being some valuable to save their money if they have any crisis financial in the future
hero member
Activity: 868
Merit: 500
As you know Bitcoin has long been called digital gold. And not in vain. Bitcoin has long been not just a means of payment, a highly liquid and profitable asset. Therefore, it is not surprising that 1 Bitcoin costs more than 1 ounce of gold. But gold is real asset, which can provide you to balance your portfolio. That's why it is better to diversify investments among several such assets.
jr. member
Activity: 196
Merit: 1
The Experience Layer of the Decentralized Internet
I agree, gold and Bitcoin are both good investment assets since they are both very valuable, and has a lot of purposes too. Their value are increasing over time so they are best to be on HOLD for long term investments, surely you will be able to get good returns from them.
full member
Activity: 309
Merit: 100
Bitcoin today holds almost near positions and can benefit us. However bitcoin is on brighter side it can really profit you if you invest step by step. I will add that bitcoin is an incredible investment asset. I have been investing in bitcoin since little over a year and I am already on a huge profit.

In the old years, there were wars in the world and people used to buy gold to take their money under security. This was a valid reson for them. Now, people are buying bitcoins to keep their money in secure. Holding reasons depend this.
full member
Activity: 434
Merit: 168
The world is run by the state-bank alliance.  The top politicians and bankers jointly profit from inflating the values of money and debt with state power -- this system couldn't survive without either side.

See Dissecting the Parasitocracy.

The interesting thing is, if you buy and hold gold and Bitcoin for the long term, you can benefit.  (Just make sure you don't buy when the global empire is rising, like the 1950s or early 1990s.)  The reason is also due to the nature of the state-bank alliance.

Note that, in this alliance, the top politicians contribute state power, while the top bankers contribute financial know-how.  The politicians, being totally ignorant in this high-stakes and specialized game, are basically led around like children.  They just go along because they benefit from issuing huge amounts of public debt without being punished by the 'markets.'

So here's the problem with this alliance.  When financial asset values collapse (and this day will come, due to the incentives faced by the elites) and everyday people suffer, the politicians will put all the blame on the bankers.  The reasons are obvious (and there is no loyalty in that game,) and the politicians are going to win that argument.  The biggest such events in history include the Spanish Inquisition and the Nazi Holocaust.  In our day, politicians like Bernie Sanders and Elizabeth Warren have already gone after the bankers.

Knowing that, the bankers and central bankers must prepare a last-ditch rescue for a worst-case scenario, when all trust in the system is gone.  That rescue will be some non-state-issued asset, like gold, silver, and Bitcoin, that the elites can peg their money to (at a high price for the non-state asset,) stabilize their system, and ease the suffering.  Even if the bankers think there's only a small chance for such an occurrence, it will be so devastating to the bankers that they must prepare for it.

So, the elites will try to suppress non-state assets, but won't kill them, even when given a chance.  In the long run, this presents something like a one-way bet for these assets, at current prices.
There is one similarity for both gold and bitcoin. Both these assets are protected against inflation. There is a limited amount of gold available on the earth, and most of the mines have already been exhausted. Similarly, the supply of Bitcoin is dictated by the principle of controlled supply.
newbie
Activity: 86
Merit: 0
The world is run by the state-bank alliance.  The top politicians and bankers jointly profit from inflating the values of money and debt with state power -- this system couldn't survive without either side.

See Dissecting the Parasitocracy.

The interesting thing is, if you buy and hold gold and Bitcoin for the long term, you can benefit.  (Just make sure you don't buy when the global empire is rising, like the 1950s or early 1990s.)  The reason is also due to the nature of the state-bank alliance.

Note that, in this alliance, the top politicians contribute state power, while the top bankers contribute financial know-how.  The politicians, being totally ignorant in this high-stakes and specialized game, are basically led around like children.  They just go along because they benefit from issuing huge amounts of public debt without being punished by the 'markets.'

So here's the problem with this alliance.  When financial asset values collapse (and this day will come, due to the incentives faced by the elites) and everyday people suffer, the politicians will put all the blame on the bankers.  The reasons are obvious (and there is no loyalty in that game,) and the politicians are going to win that argument.  The biggest such events in history include the Spanish Inquisition and the Nazi Holocaust.  In our day, politicians like Bernie Sanders and Elizabeth Warren have already gone after the bankers.

Knowing that, the bankers and central bankers must prepare a last-ditch rescue for a worst-case scenario, when all trust in the system is gone.  That rescue will be some non-state-issued asset, like gold, silver, and Bitcoin, that the elites can peg their money to (at a high price for the non-state asset,) stabilize their system, and ease the suffering.  Even if the bankers think there's only a small chance for such an occurrence, it will be so devastating to the bankers that they must prepare for it.

So, the elites will try to suppress non-state assets, but won't kill them, even when given a chance.  In the long run, this presents something like a one-way bet for these assets, at current prices.

I think , the state bank alliance cannot manipulate cryptocurrency, that's why they're making some propaganda. So once they lost their business, bitcoin will rise it's a price. That's why we have to invest in bitcoin and gold, for it is true that bitcoin will we our future currency.
member
Activity: 287
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Gold is already age old currency and price wont increase whereas bitcoin is limited supply with high demand and decentralised in nature
sr. member
Activity: 896
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yes, people will hold both if he has these two assets. gold and bitcoin are two great assets so if anyone has these two assets I think they are very lucky people in the field of investment.

Yes it is indeed both a great asset. One of the main reasons to hold gold and bitcoin is because their value increases as time goes by. Nobody could ever fail in holding either one of this two assets.
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