The Real Reason to Hold Gold And Bitcoin - page 52.

msarro

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Quote from: lumeire on April 17, 2017, 08:37:13 AM

Quote from: SirPol85 on April 17, 2017, 07:03:19 AM

Quote from: X-ray on April 17, 2017, 12:08:46 AM

Quote from: cryp24x on April 16, 2017, 06:53:07 PM

I believe that Bitcoin and gold is best as store of value. They are incline to increase in price in the long run. So to defeat the depreciation of a currency, It is best to to buy Bitcoin or gold and hold it for a very long time. Just for example, a $1000 worth of Bitcoin today may probably $10,000 worth after 10 years.

But gold seems to be a stable investment rather than bitcoin itself. In these days more people interested in using bitcoin to be an investment place for his money. I can say they know if bitcoin can growing up in the future exceed the gold itself.
Bitcoin still best rather than gold.

Gold is gold and it can not be depreciated even if a miracle happens and bitcoin overtakes it. Bitcoin is very unstable and it takes a long time to become more stable as gold.

It does depreciate, but it doesn't happen very often and almost always not so drastic, that's why it's a 'safe haven' to most investors, along with other precious metals.

Gold is always an safer investment in compare to bitcoin and people have more faith in gold and that is the reason most of the people choose to invest in gold and the other fact is that still many people are not aware about bitcoins as an investment.

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Quote from: SirPol85 on April 17, 2017, 07:03:19 AM

Quote from: X-ray on April 17, 2017, 12:08:46 AM

Quote from: cryp24x on April 16, 2017, 06:53:07 PM

I believe that Bitcoin and gold is best as store of value. They are incline to increase in price in the long run. So to defeat the depreciation of a currency, It is best to to buy Bitcoin or gold and hold it for a very long time. Just for example, a $1000 worth of Bitcoin today may probably $10,000 worth after 10 years.

But gold seems to be a stable investment rather than bitcoin itself. In these days more people interested in using bitcoin to be an investment place for his money. I can say they know if bitcoin can growing up in the future exceed the gold itself.
Bitcoin still best rather than gold.

Gold is gold and it can not be depreciated even if a miracle happens and bitcoin overtakes it. Bitcoin is very unstable and it takes a long time to become more stable as gold.

It does depreciate, but it doesn't happen very often and almost always not so drastic, that's why it's a 'safe haven' to most investors, along with other precious metals.

Schuyler

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Anything that has great value and appreciates over time is as good an investment as any, particularly gold and bitcoin. The long term growth potential of both is something that everyone should look into and not just the volatility that we see on a daily basis.

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Quote from: X-ray on April 17, 2017, 12:08:46 AM

Quote from: cryp24x on April 16, 2017, 06:53:07 PM

I believe that Bitcoin and gold is best as store of value. They are incline to increase in price in the long run. So to defeat the depreciation of a currency, It is best to to buy Bitcoin or gold and hold it for a very long time. Just for example, a $1000 worth of Bitcoin today may probably $10,000 worth after 10 years.

But gold seems to be a stable investment rather than bitcoin itself. In these days more people interested in using bitcoin to be an investment place for his money. I can say they know if bitcoin can growing up in the future exceed the gold itself.
Bitcoin still best rather than gold.

Gold is gold and it can not be depreciated even if a miracle happens and bitcoin overtakes it. Bitcoin is very unstable and it takes a long time to become more stable as gold.

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Quote from: wahb on April 17, 2017, 04:40:34 AM

Quote from: warwar on April 16, 2017, 10:25:32 PM

Quote from: cryp24x on April 16, 2017, 06:53:07 PM

I believe that Bitcoin and gold is best as store of value. They are incline to increase in price in the long run. So to defeat the depreciation of a currency, It is best to to buy Bitcoin or gold and hold it for a very long time. Just for example, a $1000 worth of Bitcoin today may probably $10,000 worth after 10 years.

I think this is quite wrong for me.Bitcoin is no better and gold is best as store of value.Bitcoins price now is not stable,we all know that bitcoins enemy in the cryptocurrency world is rapid price changes,it may drop suddenly within a minute if one holder wants too.It still has a "may" term which concludes that this may happen or no.Gold is far more better than bitcoins specially at price stability .

and to me i think gold is good for holding and saving purposes, while for trading purpose bitcoin is a good option. as i have already invested my money in trading alt coin and i am really getting good profit from it.

Holding gold for a long time can definitely give us good profits in future and if you have bitcoins then better to use them in trading to make regular profits instead of simply holding them for the future as holding bitcoins will never grow the amount of your coins.

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Quote from: warwar on April 16, 2017, 10:25:32 PM

Quote from: cryp24x on April 16, 2017, 06:53:07 PM

I believe that Bitcoin and gold is best as store of value. They are incline to increase in price in the long run. So to defeat the depreciation of a currency, It is best to to buy Bitcoin or gold and hold it for a very long time. Just for example, a $1000 worth of Bitcoin today may probably $10,000 worth after 10 years.

I think this is quite wrong for me.Bitcoin is no better and gold is best as store of value.Bitcoins price now is not stable,we all know that bitcoins enemy in the cryptocurrency world is rapid price changes,it may drop suddenly within a minute if one holder wants too.It still has a "may" term which concludes that this may happen or no.Gold is far more better than bitcoins specially at price stability .

and to me i think gold is good for holding and saving purposes, while for trading purpose bitcoin is a good option. as i have already invested my money in trading alt coin and i am really getting good profit from it.

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Quote from: Jewell on April 17, 2017, 03:59:51 AM

Quote from: cryp24x on April 16, 2017, 06:53:07 PM

I believe that Bitcoin and gold is best as store of value. They are incline to increase in price in the long run. So to defeat the depreciation of a currency, It is best to to buy Bitcoin or gold and hold it for a very long time. Just for example, a $1000 worth of Bitcoin today may probably $10,000 worth after 10 years.

but to me i think gold is good for saving while for trading and investment purposes, bitcoin is the best option. i think we can make good profit by investing bitcoin in alt coin, but i think you need to have good knowledge about altcoin trading.

True , but it is just a matter of thing of your interest of your mind that how did you want to do your work practically or virtually ( online) .
Here I my self likes the bitcoin much than any gold like assests , it is because if you have hold then after again resell and rebuy will result into loss but in bitcoin the price increases speedly , so that two to three time buy and sell will not result into loss , so it is matter of understanding and interest .
Here the most secure way to make money in my opinion is bitcoin only because everything is simple and easy to handle .

Jewell

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Quote from: cryp24x on April 16, 2017, 06:53:07 PM

I believe that Bitcoin and gold is best as store of value. They are incline to increase in price in the long run. So to defeat the depreciation of a currency, It is best to to buy Bitcoin or gold and hold it for a very long time. Just for example, a $1000 worth of Bitcoin today may probably $10,000 worth after 10 years.

but to me i think gold is good for saving while for trading and investment purposes, bitcoin is the best option. i think we can make good profit by investing bitcoin in alt coin, but i think you need to have good knowledge about altcoin trading.

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Quote from: warwar on April 16, 2017, 10:25:32 PM

Quote from: cryp24x on April 16, 2017, 06:53:07 PM

I believe that Bitcoin and gold is best as store of value. They are incline to increase in price in the long run. So to defeat the depreciation of a currency, It is best to to buy Bitcoin or gold and hold it for a very long time. Just for example, a $1000 worth of Bitcoin today may probably $10,000 worth after 10 years.

I think this is quite wrong for me.Bitcoin is no better and gold is best as store of value.Bitcoins price now is not stable,we all know that bitcoins enemy in the cryptocurrency world is rapid price changes,it may drop suddenly within a minute if one holder wants too.It still has a "may" term which concludes that this may happen or no.Gold is far more better than bitcoins specially at price stability .

Bitcoin is not stable that is why it's risky, however the risk factor can be manage if you equip yourself with full knowledge.
Actually I like when the price fluctuates because that offers me a great chance to buy bitcoins, and I made sure I will buy it at a cheap price.

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Quote from: cryp24x on April 16, 2017, 06:53:07 PM

I believe that Bitcoin and gold is best as store of value. They are incline to increase in price in the long run. So to defeat the depreciation of a currency, It is best to to buy Bitcoin or gold and hold it for a very long time. Just for example, a $1000 worth of Bitcoin today may probably $10,000 worth after 10 years.

But gold seems to be a stable investment rather than bitcoin itself. In these days more people interested in using bitcoin to be an investment place for his money. I can say they know if bitcoin can growing up in the future exceed the gold itself.
Bitcoin still best rather than gold.

warwar

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Quote from: cryp24x on April 16, 2017, 06:53:07 PM

I believe that Bitcoin and gold is best as store of value. They are incline to increase in price in the long run. So to defeat the depreciation of a currency, It is best to to buy Bitcoin or gold and hold it for a very long time. Just for example, a $1000 worth of Bitcoin today may probably $10,000 worth after 10 years.

I think this is quite wrong for me.Bitcoin is no better and gold is best as store of value.Bitcoins price now is not stable,we all know that bitcoins enemy in the cryptocurrency world is rapid price changes,it may drop suddenly within a minute if one holder wants too.It still has a "may" term which concludes that this may happen or no.Gold is far more better than bitcoins specially at price stability .

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Bitcoin- in bullish time

Quote from: cryp24x on April 16, 2017, 06:53:07 PM

I believe that Bitcoin and gold is best as store of value. They are incline to increase in price in the long run. So to defeat the depreciation of a currency, It is best to to buy Bitcoin or gold and hold it for a very long time. Just for example, a $1000 worth of Bitcoin today may probably $10,000 worth after 10 years.

Yes that is right. Bitcoin and gold are the best investments in the market so far because their price always goes up in long term runs and it is also safe to invest our money into them because gold is physical where we can store them in a safe place while bitcoin can be store in hardware wallets or paper wallets which is also secured because hackers can't get in touch with it. Their price could possible be doubled in just a few years so i think it is enough for bitcoin and gold to attract investors aside from their characteristics.

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I believe that Bitcoin and gold is best as store of value. They are incline to increase in price in the long run. So to defeat the depreciation of a currency, It is best to to buy Bitcoin or gold and hold it for a very long time. Just for example, a $1000 worth of Bitcoin today may probably $10,000 worth after 10 years.

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Quote from: wxa7115 on April 15, 2017, 12:37:03 PM

I don’t think we need even more reasons when the most basic of the reasons is already there, we can profit from it, whether you want to hold short term or you are in for the long term holding gold, silver and bitcoin is a good choice, hold the one you like the most but hold some and you will be fine.

It is not only about profiting from the trend but with the recent situation and global scenarios a war is looming above us with North Korea showing their strength and carrying on their missile test so,if there is a war then gold will be the most valuable asset without a doubt and i am not sure where bitcoin stands in times of war.

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Quote from: Hypnosis00 on April 14, 2017, 10:32:37 AM

The only reason that i know we should hold bitcoin and gold because they are good investment and also in long term investment because look at the price chart of that two assets then you can see how they been grown up to their past prices and that is the proof why we should hold this two blue chip investment.

If we are investing and holding for profit then I do not think that we have to invest in gold but we have to invest in bitcoin only because gold will not give us that much profit which bitcoin will give us if we keep it for longer time with us in our wallets.

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Not everything can actually deflate forever, it can just stay stable. Banks, as evil as they are, are heavily monitored by governments and in most countries they offer stable interest rates which are higher than inflation, so the actual loss from the inflation is less than zero.

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Quote from: cellard on April 06, 2017, 08:28:06 AM

I think both are good investments. Both have huge whales, but so does everything else to be honest. At least with bitcoin whales have no control over total supply and it is fixed.

With gold... what if huge mines are found? or some asteroid once we have advanced technology? that makes me a bit worried for the long term.

I would also rather have people that just bought BTC cheaply because they liked the idea rather than some warlords that stacked tons of gold through centuries.

What Op stated such as eliminate worries, but the reason might be not "The reasons are obvious (and there is no loyalty in that game,)", financial collapse maybe happened when a government cannot run the nation properly which many politicians are corrupt cause government-debt such as in Greece or other reasons. In the worst case, three sides (cash, gold and bitcoin) are the best collaboration of back up plan obviously, we know the reasons.

Even gold has limited supply, fixed and hardly to get, that's why gold price keep increasing through the centuries.
But we don't know how much gold left to mined in the Earth. But, gold will always precious to hold for long term investment.

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Bitcoin is GOD

Quote from: JL421 on April 16, 2017, 03:58:25 AM

You can basically compare these 2 as selecting either of them is finally the purchaser wish. Gold is a investment which is stable and the price growth takes few years and there is chance of falling also. Bitcoin on other hand is really profitable. Currently it is stuck a price but according to past doubling your investment was surely a thing. Gold is accepted on a widely basics and it can be really helpful when we need funds urgently while for bitcoin it can take few days to get cash.

Both of them have pros and cons, gold is mostly stationarity if we compare it to bitcoin but gold has worldwide acceptance since almost everyone in the world knows what is gold and that is very valuable, bitcoin in the other hand moves a lot but it is less accepted in the world since many people don’t even know what bitcoin is.

JL421

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You can basically compare these 2 as selecting either of them is finally the purchaser wish. Gold is a investment which is stable and the price growth takes few years and there is chance of falling also. Bitcoin on other hand is really profitable. Currently it is stuck a price but according to past doubling your investment was surely a thing. Gold is accepted on a widely basics and it can be really helpful when we need funds urgently while for bitcoin it can take few days to get cash.

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Bitcoin- in bullish time

Quote from: wahb on April 15, 2017, 06:21:04 PM

Quote from: Sled on April 15, 2017, 01:10:25 AM

If you want good investment then there is no doubt that you will hold bitcoin and gold because of their performance in the last few years. Bitcoin and Gold are almost the same, Physical and Digital gold but they are just different in price movement which is bitcoin moves faster or change its price regularly while gold is just stable. So if you really like both of them for your investment then you gonna hold them.

to me i think if you want good amount of money then you need to invest your money in trading alt coin. as there are more chance that the price of alt coin will increase and so they will really give you a good profit.

You are right, there is a lot of chance in trading altcoins or any kind of trading cryptocurrencies because they have a lot of potential for giving us decent profit because of being volatile to their prices. But i just said that because the topic here is all about gold and bitcoin and why we need to have those assets and hold it for long term.

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