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Bitcoin or Gold???

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    Originally posted by QuarterMillionMan View Post
    New paradigm will be 60/20/20, securities, bonds, bitcoin/gold, respectively.
    This is entirely possible.


      I did hear an interesting point of view last week about investing in Bitcoin, but really it applies to anything you invest in:

      "It's not about how it performed in the past, it's about how you expect it will perform in the future".

      Do you think Bit Coin is going to go up in price in the future?

      Personally, I do not think Bit Coin, specifically, has a long term future. 5 years, most certainly, 20 years... I don't know. At some point it will hit the highest price it will ever be worth, and then the price will drop. It may surprise me, but specifically because of it's strength of not being able to be controlled by a central government, is what will make it a target.


        Gold is undoubtedly a good investment, but you will make more money from BTC. Bitcoin and gold both have significant advantages over fiat currencies because neither can be diluted or debased. So, while bitcoin is a more recent form of investment that is certainly receiving a lot of hype, gold has retained its value through centuries. It's safer to invest in gold, but it's much easier and faster to make money from just registering on, and start trading XRP or BTC.
        Last edited by LaurenKelly; 04-29-2021, 09:26 AM.


          Btc for sure, the bitcoin growth is exponential, while gold gains a few percent every year. One of the key features of Bitcoin is that it has a fixed supply, which means there will only ever be a maximum of 21 million Bitcoins in circulation. Given the fixed volume of the asset, if there is continued demand for the cryptocurrency, the value of Bitcoin will theoretically increase. And also it is really simple to pay with bitcoin now that there're ATMs in every corner. If you need a map of ATMs try
          Last edited by JAbbot1985; 06-25-2021, 07:04 PM.


            BTC has gone down 50%. Can someone tell me why? I prefer something less volatile.




              The ban also means that more than 90 percent of China's Bitcoin mining capacity is estimated to be shut down, at least for the short term, as regulators in other key mining hubs in China's north and southwest regions have taken similar harsh steps.

              Some industry players had hoped that regulators in Sichuan, where hydropower is abundant, could take a softer approach. But the latest ban underscores Chinese regulators' determination to curb speculative crypto trading to control financial risks, despite certain benefits to local economies, observers said.