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Topic: The Real Reason to Hold Gold And Bitcoin - page 42. (Read 674532 times)

hero member
Activity: 1092
Merit: 501
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 undervalued, we have seen this process in the history of mankind, there were places long time ago where gold and silver were exchanged at the same rate.
hero member
Activity: 700
Merit: 500
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.
hero member
Activity: 1246
Merit: 529
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The real reason why you will be needing to hold bitcoins and gold for a long time is for financial ofcourse,gold is very good for long term investment also bitcoins is good for long term investment but gold for long term is far more better

Both were good for future growth, i only have btc now but in time im also wanting to hold gold, gold were too hard too obtained but its all worth it.

Indeed. Although gold is as good as long time investment as btc, it the challenge of getting gold is what makes it preferable.for most people to sway investments to.btc. for security, gold is proven to be consistently a good investment for a long time but the future rigjt now is in digitsl currencies. If you would have a way to acquire.gold then good for you.
sr. member
Activity: 520
Merit: 250
The real reason why you will be needing to hold bitcoins and gold for a long time is for financial ofcourse,gold is very good for long term investment also bitcoins is good for long term investment but gold for long term is far more better

Both were good for future growth, i only have btc now but in time im also wanting to hold gold, gold were too hard too obtained but its all worth it.
legendary
Activity: 966
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The real reason why you will be needing to hold bitcoins and gold for a long time is for financial ofcourse,gold is very good for long term investment also bitcoins is good for long term investment but gold for long term is far more better
hero member
Activity: 3080
Merit: 603
That is only some of the reasons, I think most members of the forum have more real world reasons to hold bitcoin, bitcoin is simply one of the best investments that you can make at this moment and with that in mind many will prefer to hold bitcoin, over holding fiat that keeps devaluing at a faster rate than the one the news and the governments state.
There's no need for "more real world" reasons to hold bitcoin. We are in bitcoin forum so the dominance will go to bitcoin. But also there are gold enthusiasts and investors that managed to get focus with other investments such as bitcoin because it has the same feature like bitcoin.
sr. member
Activity: 1792
Merit: 264
With us set aside our income and can be used as gold or bitcoin both can play an important role as we save by spending our money to be gold so in the future time the value of gold will increase so that gold can make us how to make investments using goods Namely gold, As well as the role of bitcoin to be used as an investment because in the future time bitcoin value will soar even though at this time I think bitcoin value is higher than gold so the future will experience the same thing, Then by the way we hold the bitcoin or gold that we have today then in the future to come its value will be much higher.
sr. member
Activity: 291
Merit: 250
This arguement is easy to solve we all need to hold bitcoin as you can see the bitcoin now is hitting the 2018 prediction which is 2500$ in 2018 meaning bitcoin has a big potential coin,,,,Gold tho it is not decentralized it is the gold that every rich have but the price of it are too slow to move/improve.
If you evaluate something because of volatility then it is really hard to compare the two,bitcoin is having a good rally now and gold had a good rally in the past where it soared almost 6 times its initial value in a few years and now it is stable for some time,it is time for bitcoin to make the move and there will be a time when bitcoin is stable.
hero member
Activity: 2884
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I am terrible at Fantasy Football!!!
Gold is an old investment that we all trust that the price will be high but bitcoin is new era of investment. It is different between gold and bitcoin. Why should invest in both? I agree to invest in gold and bitcoin. But for now, I prefer bitcoin because we can exchange in many exchanger. Gold to but I enjoyed bittrex and in bittrex no gold. If there is gold I may invest in gold.
Another problem with gold that I have found, is that if you try to sell it most of the time people don't want to pay the price of the market for it, they always try to haggle and that is something I don’t like with bitcoin this is not the case, you can create an account in local bitcoins and sell for a premium and people pay it, so that is another advantage of bitcoin.
hero member
Activity: 812
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Gold is an old investment that we all trust that the price will be high but bitcoin is new era of investment. It is different between gold and bitcoin. Why should invest in both? I agree to invest in gold and bitcoin. But for now, I prefer bitcoin because we can exchange in many exchanger. Gold to but I enjoyed bittrex and in bittrex no gold. If there is gold I may invest in gold.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
That is only some of the reasons, I think most members of the forum have more real world reasons to hold bitcoin, bitcoin is simply one of the best investments that you can make at this moment and with that in mind many will prefer to hold bitcoin, over holding fiat that keeps devaluing at a faster rate than the one the news and the governments state.
full member
Activity: 154
Merit: 100
Gold or bitcoin are both the same form of investment that is very good and very profitable.
 I think if we can invest gold or bitcoin. It will be a huge investment in the long run.
i think gold is good for saving. while bitcoin is good for investment. in fact most of the people have no idea about bitcoin and therefore they are giving preference to gold and they want to save their money in some trusted place and to them gold is more trusted to for saving money. but i am sure that when they will start knowing about the importance of bitcoin they will withdraw their money from gold and will invest here n bitcoin for increasing their investment.
Gold is good for saving it is true but just think if a person will save his money in bitcoin then it will bring double profit to that person because he will save his money and at the same time he will earn profit with that saving when the price of bitcoin will increase.
People do not realize that Gold been around for a very long time and Bitcoin just began placing its foot into the currency game. People also should realize that once the dollar gets cheaper or once more people want Gold the price of Gold will move much faster than how the volatility of Bitcoin is right now.


Gold has no intrinsic value besides it's scarcity. BTC and Crypto hold the value of having the potencial of changing the paradigm of world economics.
sr. member
Activity: 1666
Merit: 276
Vave.com - Crypto Casino
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.
newbie
Activity: 56
Merit: 0
This arguement is easy to solve we all need to hold bitcoin as you can see the bitcoin now is hitting the 2018 prediction which is 2500$ in 2018 meaning bitcoin has a big potential coin,,,,Gold tho it is not decentralized it is the gold that every rich have but the price of it are too slow to move/improve.
sr. member
Activity: 364
Merit: 252

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?

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.
hero member
Activity: 1036
Merit: 514
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.
~snip

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 really like the escape plan from those banks problems, yes, we have to prepare for it. Buy some store of value such as bitcoin and gold to diversify investment. And the best thing if that is govs can't tax your gold and bitcoin without a regulation and know you have it.
Furthermore, these non-state-issued asset will always growing over time, its value increase because people believe and invest on it, high demand mean higher price
sr. member
Activity: 378
Merit: 250
Gold or bitcoin are both the same form of investment that is very good and very profitable.
 I think if we can invest gold or bitcoin. It will be a huge investment in the long run.
i think gold is good for saving. while bitcoin is good for investment. in fact most of the people have no idea about bitcoin and therefore they are giving preference to gold and they want to save their money in some trusted place and to them gold is more trusted to for saving money. but i am sure that when they will start knowing about the importance of bitcoin they will withdraw their money from gold and will invest here n bitcoin for increasing their investment.
yes that is right to say, i  also think that gold is good for saving, because its price do not increase too much. while there is always a huge fluctuation in the price of bitcoin and there are more chances to make money in bitcoin, therefore it is too good to invest in bitcoin for making money. those people who have invested money into bitcoin in past are now very secure position and are too much satisfied with their investment.
hero member
Activity: 826
Merit: 502
Gold or bitcoin are both the same form of investment that is very good and very profitable.
 I think if we can invest gold or bitcoin. It will be a huge investment in the long run.
i think gold is good for saving. while bitcoin is good for investment. in fact most of the people have no idea about bitcoin and therefore they are giving preference to gold and they want to save their money in some trusted place and to them gold is more trusted to for saving money. but i am sure that when they will start knowing about the importance of bitcoin they will withdraw their money from gold and will invest here n bitcoin for increasing their investment.
Gold is good for saving it is true but just think if a person will save his money in bitcoin then it will bring double profit to that person because he will save his money and at the same time he will earn profit with that saving when the price of bitcoin will increase.
hero member
Activity: 588
Merit: 500
Gold or bitcoin are both the same form of investment that is very good and very profitable.
 I think if we can invest gold or bitcoin. It will be a huge investment in the long run.
i think gold is good for saving. while bitcoin is good for investment. in fact most of the people have no idea about bitcoin and therefore they are giving preference to gold and they want to save their money in some trusted place and to them gold is more trusted to for saving money. but i am sure that when they will start knowing about the importance of bitcoin they will withdraw their money from gold and will invest here n bitcoin for increasing their investment.
hero member
Activity: 2408
Merit: 584

Gold or bitcoin are both the same form of investment that is very good and very profitable.
 I think if we can invest gold or bitcoin. It will be a huge investment in the long run.

yes you are right both gold and bitcoin are very profitable when we invest our money in it because with the passage of time the price of gold and bitcoin both are increase and the holding of bitcoin and gold for long time will be prove profitable although the price of gold does not increase in faster rate like bitcoin but increases upto certain extend.
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