Because it is very speculative and is used by investors to dump short term money waiting for a turbulent market to calm down. When the market calms down, investors sell off gold to purchase stocks driving gold down. If the market stays calm for the long term, it is likely to drive gold further down as more investors pull money out.
Topic: Why gold price going down? - page 6. (Read 9762 times)
Gold again fall today.
Because of bitcoin? Whats happening guys?
Because of bitcoin? Whats happening guys?
Not because of bitcoin. It is because of USD appreciating by thinking FED will increase interest rates next month. Until that it will go down.
Yes that is very correct there is no link between bitcoin prices and gold prices. These two are completely different segments. Bitcoins prices depends only on demand and supply of btc but gold prices are linked to countries economy. As of now USD is appreciating almost every day so gold prices are going down.
The number tell story
Gold again fall today.
Because of bitcoin? Whats happening guys?
Because of bitcoin? Whats happening guys?
Not because of bitcoin. It is because of USD appreciating by thinking FED will increase interest rates next month. Until that it will go down.
I think that the end of the year makes people to spend more than ever at the year.
Many holidays are in the end of the year and people may not be interested much in bitcoin.
And if the interest of people decreases then the price will basically stay or drop a bit.
Many holidays are in the end of the year and people may not be interested much in bitcoin.
And if the interest of people decreases then the price will basically stay or drop a bit.
Gold again fall today.
Because of bitcoin? Whats happening guys?
Because of bitcoin? Whats happening guys?
For something like Gold to keep raising in value, there has to be demand
And if there's demand it needs to be mined by gold miners
It takes a lot of work and effort to mine for gold, it's not as easy as it is in Minecraft
And if there's demand it needs to be mined by gold miners
It takes a lot of work and effort to mine for gold, it's not as easy as it is in Minecraft
Gold was under pressure because of intervention of the big banks and central banks.
But it will recover for sure once the demand increases...
Here at my place, I see it increasing everytime we have some festival, and especially we see an increase in price of Gold during New Year...
Gold ain't a bad investment, but not better than Bitcoins though...
Gold was under pressure because of intervention of the big banks and central banks.
Where did you get that conclusion? Because gold is going up, not down. It's more than %20 up in last 365 days.
If you are short-term trader in gold, I'm afraid to say but you'll watch melting your initial investment.
If you are short-term trader in gold, I'm afraid to say but you'll watch melting your initial investment.
Why is gold price falling now, even when bitcoin price going up?
I want to know that.
unfortunately, until now I do not know what makes the price of gold up and downI want to know that.
In simple words Gold prices will go up when share market and global economy is down. Because it's a safe heaven during economical crisis
Why is gold price falling now, even when bitcoin price going up?
I want to know that.
unfortunately, until now I do not know what makes the price of gold up and down I want to know that.
Sometimes the dollar is strong, and obviously gold goes down. In the long term I believe though gold will always outperform the fiat scam.
it can also who investment in gold look bitcoin price increase and dump their gold and buy bitcoin.Yeah in long term Gold always win, but could someday there is a new material that exceeds the gold on earth.
Are you sure what your talking? Bitcoin prices came down couple of years ago from 1000+ to until 200 level. Can you think of the situation of people who has brought these btc at that high price? Since last few weeks btc prices went up that doesn't mean that btc is good but one should think long term perspective. Gold has a solid reason to go down because of USD appreciation but surely gold will again go up once all those economy issues resolved. But btc price movement no reasons just traders are controlling the prices.
it was the same for gold back then, it was at 19xx? what about those people that bought gold at that price and now they have the shitty 1xxx value? lost 50%
Could you please tell us in which year gold prices was 19xx? As for as I know the gold prices in 2012 was around 1500+ and now 1100 range due to USD appreciation and once the economy issue and USD price settle down then gold prices again will start going up. But BTC prices no one knows why it is moving up or down, do you know? So some what I'm convinced with futurebit640 explanation and I vote for gold higher than bitcoin for long term investments.
all time chart
it was above 2k
Sometimes the dollar is strong, and obviously gold goes down. In the long term I believe though gold will always outperform the fiat scam.
it can also who investment in gold look bitcoin price increase and dump their gold and buy bitcoin.Yeah in long term Gold always win, but could someday there is a new material that exceeds the gold on earth.
Are you sure what your talking? Bitcoin prices came down couple of years ago from 1000+ to until 200 level. Can you think of the situation of people who has brought these btc at that high price? Since last few weeks btc prices went up that doesn't mean that btc is good but one should think long term perspective. Gold has a solid reason to go down because of USD appreciation but surely gold will again go up once all those economy issues resolved. But btc price movement no reasons just traders are controlling the prices.
it was the same for gold back then, it was at 19xx? what about those people that bought gold at that price and now they have the shitty 1xxx value? lost 50%
Could you please tell us in which year gold prices was 19xx? As for as I know the gold prices in 2012 was around 1500+ and now 1100 range due to USD appreciation and once the economy issue and USD price settle down then gold prices again will start going up. But BTC prices no one knows why it is moving up or down, do you know? So some what I'm convinced with futurebit640 explanation and I vote for gold higher than bitcoin for long term investments.
Sometimes the dollar is strong, and obviously gold goes down. In the long term I believe though gold will always outperform the fiat scam.
it can also who investment in gold look bitcoin price increase and dump their gold and buy bitcoin.Yeah in long term Gold always win, but could someday there is a new material that exceeds the gold on earth.
Are you sure what your talking? Bitcoin prices came down couple of years ago from 1000+ to until 200 level. Can you think of the situation of people who has brought these btc at that high price? Since last few weeks btc prices went up that doesn't mean that btc is good but one should think long term perspective. Gold has a solid reason to go down because of USD appreciation but surely gold will again go up once all those economy issues resolved. But btc price movement no reasons just traders are controlling the prices.
it was the same for gold back then, it was at 19xx? what about those people that bought gold at that price and now they have the shitty 1xxx value? lost 50%
Sometimes the dollar is strong, and obviously gold goes down. In the long term I believe though gold will always outperform the fiat scam.
it can also who investment in gold look bitcoin price increase and dump their gold and buy bitcoin.Yeah in long term Gold always win, but could someday there is a new material that exceeds the gold on earth.
Are you sure what your talking? Bitcoin prices came down couple of years ago from 1000+ to until 200 level. Can you think of the situation of people who has brought these btc at that high price? Since last few weeks btc prices went up that doesn't mean that btc is good but one should think long term perspective. Gold has a solid reason to go down because of USD appreciation but surely gold will again go up once all those economy issues resolved. But btc price movement no reasons just traders are controlling the prices.
Yes currently gold prices are going down because USD is going up and next month USA thinking to increase interest rate so currently gold prices are going down.
Sometimes the dollar is strong, and obviously gold goes down. In the long term I believe though gold will always outperform the fiat scam.
it can also who investment in gold look bitcoin price increase and dump their gold and buy bitcoin.Yeah in long term Gold always win, but could someday there is a new material that exceeds the gold on earth.
Are you sure what your talking? Bitcoin prices came down couple of years ago from 1000+ to until 200 level. Can you think of the situation of people who has brought these btc at that high price? Since last few weeks btc prices went up that doesn't mean that btc is good but one should think long term perspective. Gold has a solid reason to go down because of USD appreciation but surely gold will again go up once all those economy issues resolved. But btc price movement no reasons just traders are controlling the prices.
Sometimes the dollar is strong, and obviously gold goes down. In the long term I believe though gold will always outperform the fiat scam.
it can also who investment in gold look bitcoin price increase and dump their gold and buy bitcoin.Yeah in long term Gold always win, but could someday there is a new material that exceeds the gold on earth.
Good Investment? yeah, if you were the first to buy btc like $1-5 then its a good investment
Sometimes the dollar is strong, and obviously gold goes down. In the long term I believe though gold will always outperform the fiat scam.
it can also who investment in gold look bitcoin price increase and dump their gold and buy bitcoin.Yeah in long term Gold always win, but could someday there is a new material that exceeds the gold on earth.
Why i am seeing everywhere bad news, lots of price drops on different (crypto)currencies, maybe the end of the year and people are focusing on real life offers for new year sales.
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