Articles referenced:
https://www.newsbtc.com/2018/04/21/bitcoin-touches-9000-as-bulls-take-over/
https://www.cnbc.com/2018/04/21/bitcoin-nipping-at-gold-demand.html
https://www.zerohedge.com/news/2018-04-20/turkey-will-repatriate-all-gold-us-attempt-ditch-dollar
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Gold can go fuck itself! BTC for the win forever and always!!! =D
I disagree. They both have their place. Gold is also limited in supply. It has intrinsic value, and has stood the test of time for at least 6000 years. Bitcoin has been around for what.... 6 years? I like bitcoin, but Gold and Silver are also very scarce and valuable. I wouldn't need a internet connection to use gold, but I couldn't easily take $100,000 worth of Gold to another country. I like em both - Gold for Hodling, and Bitcoin for..... Hodling - LOL
easy to store, easy to use, easy to transfer. You know who will win, don't you.
btc is better but you need to have both
Your so right about the view. Am with you on that point.
Better btc to buy gold :D
A lot of these economists are just jealous they didn't get in to make profits in a few months that has taken them years
if people are investing into something just because it going up that will not end well
To the point of precious metals playing a role in investment with crytos, #1 it is smart to cash cryptos out in p. metals when the market is high #2 a lot of people are also selling metals to buy cryptos right now, so p. metals are currently a little easier & cheaper to acquire.
Personally I think BitcoinCash is a much better investment than BTC, however I feel EOS is now the best bet, if you know how to play your cards right with it. No one will sell EOS until June right before it releases, and you really shouldn't buy it until then either. EOS is currently at an all time high and recently climbed to rank #5 passing Litecoin on coinmarketcap.com.
Honestly, Gold is just a scarce substance with very low efficiency as medium of exchange. Bitcoin and cryptocurrencies are more suitable for long distance wealth transfer.
Bitcoin, like many other Cryptos represent the kind of decentralized system that needs absolutely no government intervention to flourish. That's why they're scared of it. Not just governments, virtually all big powerhouses in the current system are trying to bring Crypto down - they can try, but it won't succeed
You can compare them to infinity. Both types of assets have their advantages and disadvantages, which should be considered by investors. Bitcoin has grown in value over the past few years, and gold costs roughly the same most of its existence. Both assets have taken a fair share in the portfolio of investors because they both serve the same purpose in different ways. To date, it is useful to have both gold and bitcoin in your investment portfolio. But do not forget that gold can still somehow forge or reduce its part contained in the finished product, which greatly reduces its final cost. Periodically there are news about forgery of Bank ingots. With bitcoins will not be able to do anything like that.
now I ask, who created gold? Nothing, God is the Creator and we can not prove His existence nor His true identity if it exists. So far, no single individual or company can create gold. To get gold, we have to mine it first or buy it from the nearest gold shop. These glorious metals are scattered throughout the world, applicable and can be traded in any country, although not created by a real figure. Gold is available in limited quantities, and this is what causes the price to increase over time.
Bitcoin is exactly like that, but the difference is that it is digital or invisible. So now imagine you've turned the gold into something virtual and stored on your computer or smartphone. Bitcoin has all the important aspects that gold has, but it looks like a pulse. Amazing, is not it?
Imagine when the aliens come to partner up and build a moon base and we say to them "sorry we don't use gold do u accept bitcoin?"
Nice video with some great points, thanks for sharing. I've smashed the upvote button for you!
Also, if you are looking to get some tokens without investing or mining check out Crowdholding (https://www.crowdholding.com). They are a co-creation platform were you get rewarded for giving feedback to crypto startups on the platform. You can earn Crowdholding's token as well as DeepOnion, ITT, Smartcash and many other ERC-20 tokens.
How come no one recommends "Steem" as a quality cryptoCurrency to invest in?
Both have very similar properties, however Bitcoin I believe is a more efficient version of Gold if we are looking purely at a store of value use-case. Obviously gold has other uses that it derives value from too.
BTC VS Gold, Bitcoin wins against anything $10,000.
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The prices of gold and silver are still manipulated by governments and the banksters. Crypto allows an open barter system that can still be manipulated by the whales but at least it is transparent.
Gold being a refuge asset was always the preference of the investors in stock markets to diversify their portfolio and use an hedging strategy, with the objective of reducing loss in case of a bad year for stocks...
With BTC suddenly the investors have to consider a completely type of asset that they can invest and use new strategys.
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really very interesting article .... very beautiful
really very interesting article .... very beautiful
Interesante tu pregunta en cuanto al gobierno federal de EE.UU.
Gold has proven itself to be of value even when governments attempt to restrict its usage or outlaw it completely,now we will see how bitcoin fares
Nice post, success is always for you friend
Gold far far way from Btc always. Btc always high and profitable investment.
Gold is classic bitcoin is the future of exchange. We still need both. They are all important.
BTC>Gold all day lol @adamkokesh
Very good.btc very steady
btc is now better possition..
Gold is money bosss.
gold better
I would always prefer gold over bitcoin for a very simple reason. The question asked here is which is better for investing? Gold is an asset which can never go to zero. Bitcoin is a cryptocurrency which is not backed by any asset. The value of bitcoin can easily fluctuate south. Gold is a safe haven when it comes to uncertainties. It is still at the lows and has the potential to move up. Silver for that matter is an excellent investment.
Bitcoin is a hype. I understand the importance of Blockchain technology and I would invest in the technology, not in the products. Bitcoin is a gamble and no doubt it is surging its way up and may go higher but at the end of the day, there is no logic behind this rally
Bitcoin for the win.
Gold is clunky, heavy, and outdated (debatably of course)
Gold market is more stable than BTC market. BTC for short financing for current situation.
But both of them has the lucrative opportunities.
Gold psychically exist and bitcoin doesn't and that is the biggest difference
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Excellent post!
I am brand spanking new to Steemit and would appreciate your feedback to my new post Titled: "Bitcoin, John McAfee, The story of the Sultan and his Flying Horse and why we should pay attention to Warren Buffett"
https://steemit.com/bitcoin/@shenobie/bitcoin-john-mcafee-the-story-of-the-sultan-and-his-flying-horse-and-why-we-should-pay-attention-to-warren-buffett
Let me know your thoughts,
Cheers,
@shenobie
i wonder if money going into crypto is effecting the metals? But some people are putting profits into the metals
i think with crypto prices there is alot of money going into it because some think of it as a way to get rich quick , 2017 was an examlple of this
SHEEPLE have to realize that the beset thing to do is own all . Have your GOLD & SILVER , crypto currencies , and a well backed note , or CASH . Of course CASH will always be KING , but not in its current form . Thanks 🙏 👏👍