Post
Topic
Board Economics
Re: Bitcoin or gold?
by
ASHLIUSZ
on 12/05/2016, 09:46:32 UTC
Gold is a physical commodity which cannot be manufactured, it retains its value because it cannot be manipulated. The biggest manipulator of money throughout time have been governments, and their purpose for doing so has always been to grow bigger and exert more control over the general population by way of handouts and war. If the world truly wanted to eliminate poverty and war, it would adopt gold and gold standardized currency and never use fiat.
gold is very limited in this world thats why it price goes up and up always for long term ...this is also with bitcoin sir it is very limited prodaction so its price also go very higher all time when the halving is done and its price stable after that its gone up again
Gold is just for beauty but it cannot be use in daily transaction so the answer is bitcoins. You do not earn gold every day by trading while bitcoins gives us the chance to trade everyday and earn a decent amount.
yes bitcoin could make more profits because the price is not stable and that too if you are a trader.
gold in physical form, and are vulnerable to theft of goods, and also the existence of a fake gold.
so i prefer bitcoin.
Bitcoin at the very least adds to a trader's portfolio diversification. Comparisions were made about bitcoin price and trading volatility to EURUSD and found essentially no correlation. There have also been other reports that it's uncorrelated to gold and interest rates.