The Real Reason to Hold Gold And Bitcoin - page 39.

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Quote from: ibuddy122505 on June 21, 2017, 02:58:12 AM

Quote from: bestluck on June 21, 2017, 02:43:36 AM

Quote from: AngelSky on June 18, 2017, 12:14:38 PM

Quote from: SaShiRaJaVu on June 18, 2017, 11:15:51 AM

Quote from: AK47- on June 18, 2017, 10:47:41 AM

Bitcoin and gold should not be compared. They are different in many aspects. Bitcoin like any other currency runs on faith. There is nothing wrong in that too. All the present currencies be it fiat or virtual have value only because people have faith in them. Regarding that UASF drama. We should wait to see the result.

It is really strange to hear that the price of bitcoin runs on faith. Cheesy

How do you establish this faith and how can a faith could increase the price of bitcoin or other currency,we have these scaling drama because it is a decentralized platform and no single entity could take the decision.

Bitcoin or Gold both are best stock in the world as much knowledge. Price is bump and dump will changes consistently, if bitcoin adopted in as technology or in finance wise. We will see bitcoin is like gold in some years as gold. Many banks will start bitcoin to sell for fiats.

Yes, you are very much true that people are still holding their bitcoin just because of its highly increasing prices. And still there is a huge possibility that some day bitcoin and gold will touch its most high price in today world. Gold is not so much popular for its price but bitcoin is no doubt has the largest price of its range and according to some thoughts they both bitcoin and gold are a good store value. Gold been protect its value for centuries and bitcoin now for being include to price appreciation because of deflationary feature and extra exponential adoption holding this two are secure your future.

That's true. As we can see that Bitcoin price is constantly on the rise. We can't the neglect the potential of Bitcoin any way. We recently have been hitting ATH’s (All Time Highs) regularly. If you can invest the amount that you can afford to lose, otherwise when considered for a long term Bitcoin price will surely rise.

But looks that the fud has come and that makes a lot of traders feeling panic to sell his bitcoin and driven the price down, and they are forget about the potentially of bitcoin itself then try to sell more and shaken their hand.
Long term is the best method to take opportunity in bitcoin

jualidbitmixer

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Quote from: voltesbit777 on June 20, 2017, 01:26:27 AM

Gold was already ancient, while bitcoin is not. But I will still go for the bitcoin rather than Gold, because of the volatility, and unique advantage
of bitcoin such as the features of it like security, decentralization, assets/investment and many more.

Being an ancient is not means that gold will become trash. Gold is become the main investment since old times, in the other hand bitcoin is still "new" but the price is prove us that bitcoin can be the next gold. Actually i really agree on OP said but it's an old system though.

BarbieCasino

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Quote from: yellow1 on June 23, 2017, 02:04:10 AM

The reason is bitcoin and gold has a profitable. And it has a chance the price is high and earn double. Both are the best and good in investment and have a future from bitcoin and gold. The price of gold is volatile in the short term it always maintain its value in long term. Bitcoin is most popular currency. Holding gold and bitcoin is a good choice to make investment. This both is trusted in an investment. You don't need to worry to invest and it s surely. I believe in bitcoin because of its value. Bitcoin is a good investment and it has a future and why we hold bitcoin.

totally agree with you both are good for investment if you invest money in bitcoin its good bitcoin give you double profit in short time bitcoin having volatile its value volarility is good for investor to gain more profit. If we say about investment in gold it will be also good because gold have not decrease thier value in short time its take long time in profit. There fore as you say don't worry for investment in gold or bitcoin they both are good for investment tou can gain good profit in both investment.

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Bitcoin and gold are the best investments in the modern world. You need to use both options to avoid losing money and making more profit.

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Quote from: Doms on June 20, 2017, 07:08:16 AM

Buying tracts of land is ok, but it is not as liquid as bitcoin and gold. It takes a lot of time to find a seller and eventually sell the land title. I think the same can be said of flipping houses, unless you are a very good broker. But no doubt about real estate being a good investment because it appreciates in value over time, although not in the same phase as the rise in price of bitcoin.

Keep in mind that most perfectly good residential land in the West is banned by law or regulation from real estate development. The purpose of these laws and regulations is to prop up the value of existing real estate. Real estate is a big part of the support for the dollar-based system.

What the law gives, it can take away. When the financial system comes crashing down, one of the options open to the elites will be to back their money with land. This happened in the 1920s when the Weimar Republic of Germany issued a land-backed 'Rentenmark' to stop the hyper-inflation of the old mark, successfully. It will greatly increase the value of the government's land holdings, used to back the dollar, if it deregulates at that point (the reason being a love of free markets!)

yellow1

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The reason is bitcoin and gold has a profitable. And it has a chance the price is high and earn double. Both are the best and good in investment and have a future from bitcoin and gold. The price of gold is volatile in the short term it always maintain its value in long term. Bitcoin is most popular currency. Holding gold and bitcoin is a good choice to make investment. This both is trusted in an investment. You don't need to worry to invest and it s surely. I believe in bitcoin because of its value. Bitcoin is a good investment and it has a future and why we hold bitcoin.

ibuddy122505

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Quote from: bestluck on June 21, 2017, 02:43:36 AM

Quote from: AngelSky on June 18, 2017, 12:14:38 PM

Quote from: SaShiRaJaVu on June 18, 2017, 11:15:51 AM

Quote from: AK47- on June 18, 2017, 10:47:41 AM

Bitcoin and gold should not be compared. They are different in many aspects. Bitcoin like any other currency runs on faith. There is nothing wrong in that too. All the present currencies be it fiat or virtual have value only because people have faith in them. Regarding that UASF drama. We should wait to see the result.

It is really strange to hear that the price of bitcoin runs on faith. Cheesy

How do you establish this faith and how can a faith could increase the price of bitcoin or other currency,we have these scaling drama because it is a decentralized platform and no single entity could take the decision.

Bitcoin or Gold both are best stock in the world as much knowledge. Price is bump and dump will changes consistently, if bitcoin adopted in as technology or in finance wise. We will see bitcoin is like gold in some years as gold. Many banks will start bitcoin to sell for fiats.

Yes, you are very much true that people are still holding their bitcoin just because of its highly increasing prices. And still there is a huge possibility that some day bitcoin and gold will touch its most high price in today world. Gold is not so much popular for its price but bitcoin is no doubt has the largest price of its range and according to some thoughts they both bitcoin and gold are a good store value. Gold been protect its value for centuries and bitcoin now for being include to price appreciation because of deflationary feature and extra exponential adoption holding this two are secure your future.

That's true. As we can see that Bitcoin price is constantly on the rise. We can't the neglect the potential of Bitcoin any way. We recently have been hitting ATH’s (All Time Highs) regularly. If you can invest the amount that you can afford to lose, otherwise when considered for a long term Bitcoin price will surely rise.

bestluck

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Quote from: AngelSky on June 18, 2017, 12:14:38 PM

Quote from: SaShiRaJaVu on June 18, 2017, 11:15:51 AM

Quote from: AK47- on June 18, 2017, 10:47:41 AM

Bitcoin and gold should not be compared. They are different in many aspects. Bitcoin like any other currency runs on faith. There is nothing wrong in that too. All the present currencies be it fiat or virtual have value only because people have faith in them. Regarding that UASF drama. We should wait to see the result.

It is really strange to hear that the price of bitcoin runs on faith. Cheesy

How do you establish this faith and how can a faith could increase the price of bitcoin or other currency,we have these scaling drama because it is a decentralized platform and no single entity could take the decision.

Bitcoin or Gold both are best stock in the world as much knowledge. Price is bump and dump will changes consistently, if bitcoin adopted in as technology or in finance wise. We will see bitcoin is like gold in some years as gold. Many banks will start bitcoin to sell for fiats.

Yes, you are very much true that people are still holding their bitcoin just because of its highly increasing prices. And still there is a huge possibility that some day bitcoin and gold will touch its most high price in today world. Gold is not so much popular for its price but bitcoin is no doubt has the largest price of its range and according to some thoughts they both bitcoin and gold are a good store value. Gold been protect its value for centuries and bitcoin now for being include to price appreciation because of deflationary feature and extra exponential adoption holding this two are secure your future.

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Quote from: Doms on June 20, 2017, 07:08:16 AM

Quote from: Pemburu1 on June 20, 2017, 01:08:58 AM

Real reason to hold bitcoin and gold.
I am not very interested in holding it.
I am more interested in holding ground or building houses.
Where the price continues to rise and certainly will not experience losses such as bitcoin or gold.

Buying tracts of land is ok, but it is not as liquid as bitcoin and gold. It takes a lot of time to find a seller and eventually sell the land title. I think the same can be said of flipping houses, unless you are a very good broker. But no doubt about real estate being a good investment because it appreciates in value over time, although not in the same phase as the rise in price of bitcoin.

Real estate investment is only good for long term because you can't sell it anytime you want so we should just buy real estate if we want to have an asset for long term and we should save first before investing in something. Bitcoin and gold is good for either short term or long term because they are easy to sell and they are very good in price movement and they are most moving up so it is good for people who wants price appreciation even faster.

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Quote from: Pemburu1 on June 20, 2017, 01:08:58 AM

Real reason to hold bitcoin and gold.
I am not very interested in holding it.
I am more interested in holding ground or building houses.
Where the price continues to rise and certainly will not experience losses such as bitcoin or gold.

Buying tracts of land is ok, but it is not as liquid as bitcoin and gold. It takes a lot of time to find a seller and eventually sell the land title. I think the same can be said of flipping houses, unless you are a very good broker. But no doubt about real estate being a good investment because it appreciates in value over time, although not in the same phase as the rise in price of bitcoin.

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Quote from: HasHe on June 20, 2017, 06:58:33 AM

People all over the world have been saving gold for its high value.Also,it could be used as an ornament,a symbol of status.It could be sold out for cash in desperate need for money.It has been saved for centuries.But now people have found another asset,digital gold,which is bitcoin.It has given huge returns to its investors.Since it works on a safe block chain system,investments are safe.Also,it could be immediately sold for cash.

That's assuming had right buyer, right now even localbitcoins has huge problems in dealing with disputes

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Quote from: ?? on ??

I would rather invest my money to buy a house and land.
Because the price never goes down and keeps going up.

It depends on what you are going to do with your property and land. Will you rent it out and gain yourself a decent form of passive income every month, or is it just a buy now and sell later object?

In both cases you'll need a serious amount of patience, or in the latter case, a serious amount of luck in the way that you managed to acquire the property at a significant discount rate.

At the end, one thing both options have in common, is that it isn't a hassle free way of investing. Bitcoin and gold are just assets you buy, let them appreciate in value, and sell them if you so wish ~ that's basically it.

HasHe

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People all over the world have been saving gold for its high value.Also,it could be used as an ornament,a symbol of status.It could be sold out for cash in desperate need for money.It has been saved for centuries.But now people have found another asset,digital gold,which is bitcoin.It has given huge returns to its investors.Since it works on a safe block chain system,investments are safe.Also,it could be immediately sold for cash.

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Quote from: Pemburu1 on June 20, 2017, 01:08:58 AM

Real reason to hold bitcoin and gold.
I am not very interested in holding it.
I am more interested in holding ground or building houses.
Where the price continues to rise and certainly will not experience losses such as bitcoin or gold.

Interesting concept this is truly unique answer that i see.
But why not hold both or just single one Gold or Bitcoin. Some are scared cuz it can downfall a lot in price this is true, but beasty is when you hold and price goes up a lot and you are happy.

Real estate is good business and always will be but sometimes it more risky then just buying gold or bitcoin. In any case where ever you can make profit its good solution.

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Quote from: voltesbit777 on June 20, 2017, 01:26:27 AM

Gold was already ancient, while bitcoin is not. But I will still go for the bitcoin rather than Gold, because of the volatility, and unique advantage
of bitcoin such as the features of it like security, decentralization, assets/investment and many more.

The growth of gold with a longer history provide people an increased trust over gold rather than bitcoin. Also gold can be used to exchange money to times of emergency due to the increased acceptance and popularity, whereas bitcoin need to sold at times of hard cash requirement. Each has their own reason to hold bitcoin and gold.

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Gold was already ancient, while bitcoin is not. But I will still go for the bitcoin rather than Gold, because of the volatility, and unique advantage
of bitcoin such as the features of it like security, decentralization, assets/investment and many more.

Pemburu1

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Real reason to hold bitcoin and gold.
I am not very interested in holding it.
I am more interested in holding ground or building houses.
Where the price continues to rise and certainly will not experience losses such as bitcoin or gold.

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Quote from: Kisanaq on June 16, 2017, 10:26:18 AM

I think because this investment 2 (bitcoin and gold) is the most promising investment profits in the future, I'm sure both will survive and always a profitable investment than others.

I view it a little bit differently gold was the best investment of the past, bitcoin is the best investment of the present and the future, if you hold both then you have a very effective combination to resist almost any kind of disaster or crisis that it may happen unlike most people out there that are living paycheck to paycheck.

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That's true that the world is run by State-bank alliance because our economy is built that way. That's an age old system and a proven one. However, apart from the reasons you gave here, 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. I have not invested my bitcoins anywhere, I just hold them.

If I compare gold for the same time, it will not even stand in the same row with bitcoin. Gold is a very conventional investment and it has a very stable price. So one can invest in gold, to protect the capital amount. But if you need profit, there is nothing like bitcoin for sure.

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Quote from: Peashooter on June 18, 2017, 12:51:51 PM

Quote from: mindrust on April 06, 2017, 09:35:25 AM

The real reason is that they have limited supply, and people want them. (people may not want bitcoin in the future btw) People always want gold and they want to gather as much as possible in their lifetime. It is the only solid asset which holds its true value through the centuries.

The real reason why some people hold their bitcoin and gold because there’s a possibility that the price will increase in the near future .Furthermore, Holding is nice strategy if you want to get a high profit. Lastly, bitcoin and gold has a high value in the market so that some people hold it and they wait the right time when the price is rapidly increasing.

in fact that is the main reason that people are holding bitcoin, they are sure about the price of bitcoin that it will continue to increase in future, they are confident that bitcoin is not going to decrease any more, because people are now giving support to bitcoin if its price decreasing but not letting it down too much. i am sure that we will see the price of bitcoin high and hing in next few months and therefore holding bitcoin is a good decision.

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