Gold investment has been around for a long time and bitcoin is including a new instrument in investment. And the risk between gold and bitcoin is very different where the risk of bitcoin is much higher than gold. but both have their advantages and disadvantages
Yes you're right. it is possible that they only secure the assets they have in gold, and wait for the price to rise before investing in bitcoin again. I know that many investors are waiting for the market to recover, and gold is one of the best investment places after Bitcoin. 
Topic: Will people come back to gold - page 2. (Read 24528 times)
Gold investment has been around for a long time and bitcoin is including a new instrument in investment. And the risk between gold and bitcoin is very different where the risk of bitcoin is much higher than gold. but both have their advantages and disadvantages
To be precise Gold Investment is outdated and i do not think any person now will prefer to invest in Gold. Those who are holding gold are those who have been holding it already for a long time. New Generation is attracted to bitcoin investment as the rate of return is much more higher here and also you can double your investments in two years or before.
It's too big for me to think of the world economy, but it looks like this really does happen, I feel the beginning of 2019 is very difficult in terms of the economy, the business that I live this year is really quiet. Crypto trading also feels hard to get profit. actually for the general public gold has not been abandoned and is still the first choice in investing, because gold has many advantages. And my mistake is to exchange most of the gold I have with crypto currencies
With the current economy, the fears about the Brexit, Italy, the Sino-American problems and the general pessimism among investors; It looks like Gold is coming back the past months. At the same time, countries like the EU, Japan & China are reducing their investments in the economy,
(it should also reduce demand for the USD?)
Even the Central banks are buying more Gold (+13% from the previous year). Economists predict a dark year for 2019 and it seems a lot of large funds are now buying Gold massively. Especially from Asia and Soviets.
Alot of people are dying just to get gold.Miners willing to risk life just to get gold because they saw assurance that there is sure profit on it.Cryptocurrency is a risky thing and those whose been here for long time,they were willing to risk their money without any hassle and i think its all about peoples willingness on where to invest today.(it should also reduce demand for the USD?)
Even the Central banks are buying more Gold (+13% from the previous year). Economists predict a dark year for 2019 and it seems a lot of large funds are now buying Gold massively. Especially from Asia and Soviets.
Even the Central banks are buying more Gold (+13% from the previous year). Economists predict a dark year for 2019 and it seems a lot of large funds are now buying Gold massively. Especially from Asia and Soviets.
There is not enough gold in the world to back up all of the money. People can still value it, but I doubt they can use it like the US did. What could be done instead is using cryptocurrencies after dollar collapses, because they are naturally limited and don't need any kind of backing up. Well, a weird but not impossible thing would be to back up fiat by cryptocurrencies. I guess this would be the situation gold and dollar used to be in. It's not such a bad idea in case people come to value cryptocurrencies themselves. Fiat was a bad idea, and something has to replace it. The crash is probably inevitable...But the US Dollar isn't backed by Gold since years. And if Central Banks are massively buying gold it can be because they do know the USD will deflate a lot soon (GBP too anyway) (hence also the very bad stock market this autumn?) so they are avoiding the USD deflation or to "save" funds and once again gold is showing its power when it's about "saving" funds.
Gold investment has been around for a long time and bitcoin is including a new instrument in investment. And the risk between gold and bitcoin is very different where the risk of bitcoin is much higher than gold. but both have their advantages and disadvantages
it's true but in my opinion here people also have not just bitcoin as an investment. chances are they also have other investments such as gold or stocks and property. these are all very natural thingsGold investment has been around for a long time and bitcoin is including a new instrument in investment. And the risk between gold and bitcoin is very different where the risk of bitcoin is much higher than gold. but both have their advantages and disadvantages
it's true but in my opinion here people also have not just bitcoin as an investment. chances are they also have other investments such as gold or stocks and property. these are all very natural things
Gold investment has been around for a long time and bitcoin is including a new instrument in investment. And the risk between gold and bitcoin is very different where the risk of bitcoin is much higher than gold. but both have their advantages and disadvantages
it's true but in my opinion here people also have not just bitcoin as an investment. chances are they also have other investments such as gold or stocks and property. these are all very natural things I don't know exactly about the other regions but from ASIA you cannot take gold away. They are crazy about gold and they are ready to invest in gold any time. I think this year investors are more interested in Gold as compared to crypto currency. Now Let's wait for the mid January to have an idea of BTC price.
Yes i do absolutely agree with this statement, Im from indonesia and i do admit people in my country really crazy with gold and they do not think that stock and cryptocurrency are a good way to invest their money. I think gold still the best investment in asia and the demand is really high and many people still think that gold are the best way to store value.Im also from asia and i see that many people likes to buy gold ( not the actual gold ) but jewelries made of pure gold because they can afford to it easily but thats acceptable because gold is more well known that bitcoin or any other cryptos . other people here do also love cryptos and they even invest with it . as soon as crypto will become popular , it can also compete with gold because people see it as a profitable investment tool .
With the current economy, the fears about the Brexit, Italy, the Sino-American problems and the general pessimism among investors; It looks like Gold is coming back the past months. At the same time, countries like the EU, Japan & China are reducing their investments in the economy,
(it should also reduce demand for the USD?)
Even the Central banks are buying more Gold (+13% from the previous year). Economists predict a dark year for 2019 and it seems a lot of large funds are now buying Gold massively. Especially from Asia and Soviets.
Alot of people are dying just to get gold.Miners willing to risk life just to get gold because they saw assurance that there is sure profit on it.Cryptocurrency is a risky thing and those whose been here for long time,they were willing to risk their money without any hassle and i think its all about peoples willingness on where to invest today. (it should also reduce demand for the USD?)
Even the Central banks are buying more Gold (+13% from the previous year). Economists predict a dark year for 2019 and it seems a lot of large funds are now buying Gold massively. Especially from Asia and Soviets.
With the current economy, the fears about the Brexit, Italy, the Sino-American problems and the general pessimism among investors; It looks like Gold is coming back the past months. At the same time, countries like the EU, Japan & China are reducing their investments in the economy,
(it should also reduce demand for the USD?)
Even the Central banks are buying more Gold (+13% from the previous year). Economists predict a dark year for 2019 and it seems a lot of large funds are now buying Gold massively. Especially from Asia and Soviets.
(it should also reduce demand for the USD?)
Even the Central banks are buying more Gold (+13% from the previous year). Economists predict a dark year for 2019 and it seems a lot of large funds are now buying Gold massively. Especially from Asia and Soviets.
Gold for millennia is always the best shelter. I think that in the future it will also be bitcoin given that it enjoys scarcity and extract it has a cost, just like gold.
When bitcoin never grow up will be possible for all bitcoin investor back to the gold investment, they will try to get profit with gold investment, how ever is the best way to get profit with investment kinds.
Gold investment has been around for a long time and bitcoin is including a new instrument in investment. And the risk between gold and bitcoin is very different where the risk of bitcoin is much higher than gold. but both have their advantages and disadvantages
I don't know exactly about the other regions but from ASIA you cannot take gold away. They are crazy about gold and they are ready to invest in gold any time. I think this year investors are more interested in Gold as compared to crypto currency. Now Let's wait for the mid January to have an idea of BTC price.
Yes i do absolutely agree with this statement, Im from indonesia and i do admit people in my country really crazy with gold and they do not think that stock and cryptocurrency are a good way to invest their money. I think gold still the best investment in asia and the demand is really high and many people still think that gold are the best way to store value.
I still don't have any gold in any part of my house because I know that it is hard to make a business with it for me that's why I still gonna find a different ways of earnings like Cryptocurrency. It makes more sense than putting my self to a hard time of making more profit because I know it is hard to make more money it.
With Bitcoin you can run a full node and nobody ever will be able to steal your bitcoin.
Regarding Gold: you can desposit your gold in Bank of England and still they can refuse to give you such gold.
This a huge difference in favour of bitcoin.
This is why you should run a Bitcoin full node (follow my guide in signature if you can speak Italian).
Regarding Gold: you can desposit your gold in Bank of England and still they can refuse to give you such gold.
This a huge difference in favour of bitcoin.
This is why you should run a Bitcoin full node (follow my guide in signature if you can speak Italian).
Putting your gold in someone else's possession be it a bank, vault or security box is the same as holding all your crypto on an exchange. It introduces another element of 3rd party risk.
The safe way is to hold your own private keys and hold your own physical gold.
I would be amazed if there was anyone on this forum with so much wealth they couldnt easily hide it in the form of gold in their own house considering how value dense gold is. $40k gold is around the size of a smart phone, how hard is that to hide.
The risk is free because you have insurance included to cover any events even against natural disasters or terrorist attacks. But keeping at home is another story, you're not so safe from a robbery at home. Go to ask any insurer, you're covered with the house insurance but up to $x,xxx only
Why should people go back to gold if they have an excellent analogue at their disposal - Bitcoin, Bitcoin is much better than gold, and the dynamics of its growth are much better than the dynamics of growth of gold. It's much easier to store and send over long distances than gold. Bitcoin is perfect in this regard.
well, sometimes bitcoin does become more potential than gold. but, however we think, gold has always been the goal of ordinary people. even 1 kg of gold has an unusually high price. many people collect gold little by little for that. well, sooner or later, people will definitely buy gold, and that is not surprising.investors are only looking for something that can provide benefits for them and try to still be able to grow their assets, and when they see the price of bitcoin always falling maybe they will come out of cryptocurrency and return to the initial investment place where they feel they can get profits every day.
We all know gold value is more stable than bitcoin and the transactions was started longer than digital items. Possible the people will get back to gold investment if the market trend is always declining but I also believe they will not leave crypto living. It is base on its own strategy how we deal crypto at this point. The survival time is real, to quite is not the answer.
gold will always be appreciated, and the demand for it will not fall, and prices will constantly grow on it, prices will not be affected by the crisis and other problems this is a really stable product
With Bitcoin you can run a full node and nobody ever will be able to steal your bitcoin.
Regarding Gold: you can desposit your gold in Bank of England and still they can refuse to give you such gold.
This a huge difference in favour of bitcoin.
This is why you should run a Bitcoin full node (follow my guide in signature if you can speak Italian).
Regarding Gold: you can desposit your gold in Bank of England and still they can refuse to give you such gold.
This a huge difference in favour of bitcoin.
This is why you should run a Bitcoin full node (follow my guide in signature if you can speak Italian).
Putting your gold in someone else's possession be it a bank, vault or security box is the same as holding all your crypto on an exchange. It introduces another element of 3rd party risk.
The safe way is to hold your own private keys and hold your own physical gold.
I would be amazed if there was anyone on this forum with so much wealth they couldnt easily hide it in the form of gold in their own house considering how value dense gold is. $40k gold is around the size of a smart phone, how hard is that to hide.
Gold I see as a safe haven investment. It is part of the very nation's economy because it has a correction with other currencies in foreign exchange. It shelters people from times of global economic uncertainty. It is used to hedge against potential threats to paper currency. Gold investment is revisited many proactive investors
gold could survive when there are huge inflation in global economic.and this is why people still prefer investing in gold although there are many investment portofolio that could give them big profit.Jump to: