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Topic: The Real Reason to Hold Gold And Bitcoin - page 41. (Read 674532 times)

sr. member
Activity: 440
Merit: 250
I think both of this is a good investment. If we hold gold and bitcoin we can earn a good profit, and they have a future. Because gold is its prices is increases and it has maintain its value. While bitcoin has a future and earn good profit. Both of this is a good investment and the price may increase. Both are a value and each have an advantages and benefits and they have a future. Both are a profitable and safe to hold. Both is for our savings and this very exciting investment opportunity. And bitcoin is most popular than gold to people and to investors.
yes there is no doubt that both are good, some people like Gold for saving their assets, because they consider bitcoin as one of the safe place to put their money, while some people want to earn more and more money the they are economist and they want to increase their assets and in modern time they consider bitcoin on of the best place for investment, from where they can get more income beyond their expectation. and also consider bitcoin as the most safe place for investing their money.
full member
Activity: 182
Merit: 100
I think both of this is a good investment. If we hold gold and bitcoin we can earn a good profit, and they have a future. Because gold is its prices is increases and it has maintain its value. While bitcoin has a future and earn good profit. Both of this is a good investment and the price may increase. Both are a value and each have an advantages and benefits and they have a future. Both are a profitable and safe to hold. Both is for our savings and this very exciting investment opportunity. And bitcoin is most popular than gold to people and to investors.
sr. member
Activity: 700
Merit: 277
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.
sr. member
Activity: 1792
Merit: 255
I hold both because both are profitable, investments should be diverse and I choose the gold and bitcoin because both proved most profitable, for long-term gold is very good, and bitcoin is amazing.
member
Activity: 150
Merit: 10
There is no good reason if we want to hold gold, not profitable in my opinion, even though the price is up about 10% every year, but if inflation is also high eg about 7%, our profit is only 3%, very small. Different from bitcoin, although the risk is bigger but the profit is very big too
full member
Activity: 798
Merit: 182
my reason to hold bitcoin more than gold, bitcoin supply is limited just 25mil and gold supply dont anybody know, and bitcoin price is fuctuative and in my prediction in few years again bitcoin price is to the moon.
But the value of them are always increase. Anyway,  gold has the lower risj than bitcoin but its value is increase 10 -  20% every year aproximately. But bitcoins value could rise more than 100%.
hero member
Activity: 1092
Merit: 501
my reason to hold bitcoin more than gold, bitcoin supply is limited just 25mil and gold supply dont anybody know, and bitcoin price is fuctuative and in my prediction in few years again bitcoin price is to the moon.
True, the supply of gold is basically unlimited, while there is only so much gold in the earth and depending on the price of gold it may be worth to extract it or not, the truth is gold is all over the universe so even if gold is rare, there is enough gold in the universe to make it common for our needs, unlike bitcoin which is limited in quantity from the beginning and unless the devs change the code the hard limit of bitcoin will continue.
sr. member
Activity: 462
Merit: 250
bvo.trybravo.com
my reason to hold bitcoin more than gold, bitcoin supply is limited just 25mil and gold supply dont anybody know, and bitcoin price is fuctuative and in my prediction in few years again bitcoin price is to the moon.
sr. member
Activity: 1092
Merit: 256
Leading Crypto Sports Betting & Casino Platform
Each has got different reasons on holding gold as well bitcoin. In my opinion most of the users hold gold for the security reason and bitcoin for the high profitability which you cannot get with any of the other investment or multiplying schemes.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
I think the real reason to hold is the future, there are many countries with economic and social problems, bitcoin does represents how the transactions will be made in the near future, it is really amazing too see how somebody developed such mechanism, genius I would say, that is the perfect word.

Also important to say, the limited BTC supply means that now is the moment to grab some.
Rightly explained. Gold and Bitcoin will never lose its value. There may be ups and down but it cannot go to zero like any flat currency.

We have seen many currencies which existed but were withdrawn and has no value now. Another scenario: country A invades country B (it really happened when Iraq invaded Kuwait during Saddam) and declares B's currency illegal. But it will be hard to control gold or bitcoin as it will be accepted everywhere else even if it is dissolved in any country.
Sounds right indeed, but, there's a time for both gold and bitcoin to lose its value. Just for example, if this world happens to have some sort of food crisis, people will really prefer the food instead of gold, therefore gold loses its value. Same goes to bitcoin, if there's no demand anymore because another advanced technology have been developed to fight against bitcoin and the bitcoin itself become obsolete, people will lose their interests. Rest assured that everything always has its end and that's all matter of the time. Though, just in my opinion that within few years, those things you mentioned aren't going to lose its value.
legendary
Activity: 1554
Merit: 1054
I think the real reason to hold is the future, there are many countries with economic and social problems, bitcoin does represents how the transactions will be made in the near future, it is really amazing too see how somebody developed such mechanism, genius I would say, that is the perfect word.

Also important to say, the limited BTC supply means that now is the moment to grab some.
Rightly explained. Gold and Bitcoin will never lose its value. There may be ups and down but it cannot go to zero like any flat currency.

We have seen many currencies which existed but were withdrawn and has no value now. Another scenario: country A invades country B (it really happened when Iraq invaded Kuwait during Saddam) and declares B's currency illegal. But it will be hard to control gold or bitcoin as it will be accepted everywhere else even if it is dissolved in any country.
legendary
Activity: 2716
Merit: 1116
I think the real reason to hold is the future, there are many countries with economic and social problems, bitcoin does represents how the transactions will be made in the near future, it is really amazing too see how somebody developed such mechanism, genius I would say, that is the perfect word.

Also important to say, the limited BTC supply means that now is the moment to grab some.
sr. member
Activity: 462
Merit: 250
The real reason to hold gold and Bitcoin are that they are one of the best investment option available out there. Investment in gold and Bitcoin are sure to provide good returns in very little interval of time. But i prefer Bitcoin more because it grows with much faster rate.
sr. member
Activity: 423
Merit: 251
I hold back because both are very good for investment platform and very quick to invest your money.Great is a lonterm investment, safe and liquid you want to exchange money anytime anywhere and still good, gold will not fall in price within the next 5 years.
full member
Activity: 165
Merit: 100

Because the currency is the best right now so I have to hold it, then I have to hold it until it comes time to issue bitcoin and gold. Every day I hear bitcoin is currency, maybe people let it because technology is high nowadays.

full member
Activity: 798
Merit: 182
Probably the main reason is to gain profit, people have so many reasons to hold bitcoin and gold. Banks also buying a lot of gold,  this will makes the price of gold rise.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
Gold and Bitcoin makes a great combination. Gold is one of the least risky investments, and although the returns can be low, there is a good chance that you will never get a negative ROI. On the other hand, Bitcoin is an extremely risky investment, and no one can predict the future exchange rates. An ideal investment option would be 75% gold, and 25% BTC.
In the aggregate gold does not lose money and does not earn money, gold is a way to store the value of your money, and in the long run gold is very good at that but like any other thing sometimes gold can become overvalued or undervalue, we have seen this process in the history of mankind, there were places long time ago where gold and silver were exchanges at the same rate.
The price volatility of gold is rather low so it's kinda normal. as you say, gold is an effective way to save up your money in form of thing which will always hold it value over time and definitely better than saving up in form of fiat which the government themselves always print the money and make the value decreasing.
Though even if the gold have ever undervalued as you say, it's now already proven to keep its value high until now from centuries ago, it'll be alright and safe.
hero member
Activity: 2128
Merit: 655
Leading Crypto Sports Betting & Casino Platform

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.


Which financial assets are you referring to?  And what would be the catalyst for such a collapse?
It's impossible to tell in advance, but it will be some asset based on state-issued money or debt.

Just to name the most major collapses (at global-empire level) in the past: for the Spanish and Dutch empires, it was sovereign debt.  For the British empire, it was paper money redeemable for gold.  For the Great Depression, it was first US stocks, and then the Western banking system.  For the 2008 crisis, it was mortgage-backed securities.

The exact timing, asset class and catalyst are hard to predict because hot money and state power chase and promote different assets at different times, which make for complex dynamics.  But both logic (based on the incentives for the elites to destabilize their own system) and history indicate a collapse is eventually inevitable.


Ron Paul has also been publicly against the current monetary system.

Also, at the moment just to put this into perspective, Bitcoin has a market cap of 46 billion USD.  QE3 was printing 80 billion USD / month.  So at the moment, the fiat system could easily swallow up the market (obviously if they did this, the price would rise significantly, but you get the point).  When you have the ability to create as much USD as you want, you can potentially purchase significant portions of cryptocurrencies.

Yes, the relatively small market cap of Bitcoin is a good argument to buy at this point.  But never put all your eggs in one basket.  In the scenario of imperial collapse, you still don't know which non-state asset will be used by the elites to stabilize their system.
sr. member
Activity: 584
Merit: 256
it's very simple...
I'm telling my own view, I just want to hold bitcoin for the future purpose, I want to get double amount of money from today's investment, day by day bitcoin is getting popular and lucrative investment sector, I hope it will be a profitable investment in the future...
legendary
Activity: 1092
Merit: 1000
https://trueflip.io/
In my locality people were quite familiar with gold rather than bitcoin. So for all sorts of emergency requirement I cannot use my bitcoins, so I used to hold gold and for a long profiting I used to hold bitcoin. People give much value to gold, as they haven't known much about bitcoin and it's growth.
in most of the area people have good idea about Gold because gold is present from a long long time. but now the popularity of bitcoin s also increasing and very soon its popularity will even reach to the backward countries where people have limited opportunities of using moblne and internet.
Bitcoin is new and majority have no idea about it, but if they will discover how profitable bitcoin is, it will give them a clear mind
to choose bitcoin over gold. The simple realization is on it's purpose, how can the gold help people in their daily lives, bitcoin can help us.
it's good to consider a thing as precious if it has more usage and can help the people.
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