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I will report every spam bot comment you are posting on this topic...

Stay on topic Gold and Crypto and dont post fake robotic comments anymore!

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1 minute ago, hexwin said:

I will report every spam bot comment you are posting on this topic...

Stay on topic Gold and Crypto and dont post fake robotic comments anymore!

Exactly, there are so many of them here now and really all over the forum, I think there should be a clean up by deleting not useful post. 


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Gold itself is just a piece of soft yellow metal. The whole question is only that there are industries that form a steady demand, jewelry, investment, construction / production and some other industries. Just for some coincidence, our rings are mostly not platinum, but gold. If you change this or even remove the rings from the wedding ceremony, I think everything can go the other way.
Oil, too, found its consumer. Change gasoline for ethyl alcohol, plastic for organic polymers, and start building roads out of cement, and lo and behold, oil collapsed 2, 3 or even more times. Also cryptocurrencies. They are needed while they are needed...)


 

 

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8 minutes ago, IrinaLavrinova said:

Gold itself is just a piece of soft yellow metal. The whole question is only that there are industries that form a steady demand, jewelry, investment, construction / production and some other industries. Just for some coincidence, our rings are mostly not platinum, but gold. If you change this or even remove the rings from the wedding ceremony, I think everything can go the other way.
Oil, too, found its consumer. Change gasoline for ethyl alcohol, plastic for organic polymers, and start building roads out of cement, and lo and behold, oil collapsed 2, 3 or even more times. Also cryptocurrencies. They are needed while they are needed...)

Gold is also use in so many electronic like silver....that you cant even have crypto minng because you could not make card and computers without precious metals. This is very much connected that you cant separate gold and precious metals from Bitcoin and crypto.

Edited by hexwin

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I think gold and crypto compliment each other. If there wouldn't be gold then  we сould not find a decent  comparison for bitcoin and vice versa. 

 
 

 

 

Edited by cryptex

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If we take into account both the periodical technological ease and the inflation created by unlimited currencies, it will be inevitable that the interest in the global dimension will be directed to bitcoin as mentioned in the title.

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I am more concerned about the price, the price of gold and the price of bitcoin is very difficult to unite, the price of gold can be said to be stable in a certain range, and the price of bitcoin is very volatile because the price range is very far away. gold has unlimited supply and bitcoin has limited.


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19 minutes ago, maxpetts said:

Gold is the currency of the universe. Countries are going to come out with digital, gold-blockchain monies. They can set taxes, fines and fees on gold, but bitcoin is free

Gold blockchain ? how can we have a blochain based on a real physical asset ? can you please explain what you mean by that ? because I'm not really following

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5 hours ago, Mohs3n71 said:

Gold blockchain ? how can we have a blochain based on a real physical asset ? can you please explain what you mean by that ? because I'm not really following

maybe with certificates (what already is happening) for gold, these days if you buy gold you dont own it at your home but a safe somewhere in the world, you can buy gold and crypto on bitpanda, if you buy gold, they send you all the details where your gold is stored and dont send the gold to you, maybe thats what he meant with goldblockchain 

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Some people compared charts of gold and bitcoin and found some similarities

You can wacth this video about for more info:

 

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On 10/2/2019 at 8:08 PM, Glossy said:

Both gold and crypto have its good and bad sides.

For crypto you don't have to have storage or pay for safe box.

For gold you don't depend on electricity and you don't have to have computer knowledge to sell it or buy it.

Sure but both the things are down its price into a a very low level and especially Crypto down its price in no time and raise its price in no time.


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gold is less risky than crypto trading, in gold there is low profit but continuous and in the crypto there is high profit but it is too much risk, if market goes down you will have to wait for the long time to come back and recover loss.


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My first choice is crypto,although the price goes up and down,but it can still provide venefits everyday,if gold is the aecong choice

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gold is a real object while crypto is a digital asset, as is currency, and crypto is very good for exchanging money, whereas gold is not so good in exchanging money the price is not so drastic and goes down when there is bad news, whereas crypto follows the times with technology It is fantastic, it is generally bitcoin, yeah, but the price can be considered significant between going up and down following the market, yeah, so I think crypto has more potential for profit while gold isn't too good

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1 hour ago, bitnoval said:

Well first of all gold is a natural resource it will run out in the future, bitcoin is a digital assets it lives within our computers, the human race will never get rid of computer, so bitcoin will out grow gold in a long distance future.

If there is no gold and precious metals anymore...than there is no computers also,
as they need precious metals like silver and gold to run. Simple fact.
Gold and Bitcoin are connected in more than one ways

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2 hours ago, Maksim said:

Crypto vs gold. Bitcoin and gold have bad sides. It seems to me that gold is better because it is a thing that exists in the real world and bitcoin exists only on the Internet, but bitcoin has good protection.

It is always good to diversify, gold is not bad to have it either in actions, money must be taken in different ways to protect yourself.

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36 minutes ago, Muneeb said:

Both are different but i prefer crypto coins because will not move like crypto coins if we buy gold and save it it just double our payments in 2 to 3 years but in crypto it 100 time our payments in just 2 to 3 years and its a reality that crypto is best than the gold.

In 2 to 3 years also you can't double your Gold investment, just check what was the price of Gold 2 to 3 years back. Crypto can make double in 3 to 4 months by trading or holding the amount and it is low risk option with Bitcoin plus top alt coins.

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On 10/2/2019 at 3:28 AM, hexwin said:

Gold vs crypto: a false dichotomy of epic proportions

 

What do you think should crypto be against gold or maybe gold and crypto work great together?

I don't see anything wrong in using both of them as Store of Value and as payment option.

There is also several tokens backed by real gold, and this proves that it can work in real life.

 

 

For me it shouldnt be any problem with Cryptocurrency and Gold! despite both assets can work together to inhance the capability of both industry Gold can use the blockchain technology to store all information about the industry and cryptocurrency can use Gold as backed for its stablecoin thats an innovative approach for the ever changing industry.

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49 minutes ago, meowmeow said:

But I think gold is the safest to invest than the cryptocurrency since you can store it on the banks which is legalize by our country. Unlike crypto, the price of it is volatile and not all of the wallet is safe.

Yes, gold will be the safest than bitcoin, and that is why people out there prefer to use gold as their investment for a long time. But if they want to learn the crypto, I think they will think that bitcoin can also be the best of the investment. They will not think about the volatility of bitcoin price because that will be the part of bitcoin itself.
If gold and bitcoin can work together in real life, that will help people to gain more benefits from both, and I am sure that their finances will also increase. They will have an opportunity to make more money from both bitcoin and gold.

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1 minute ago, meowmeow said:

They can try to invest to bitcoin if they know how to play with it. They must know how the market moves so that they will not lose the money that they have invested. Investing in bitcoin is very risky if you do not have any idea into it.

Yes, it is true. As long as they don't sell their coins, they are not lost in the coin, but they only lose in value, and I am sure that the value will be back to the price before. Besides that, the value will be increased so high, especially if the market can back to the bull market. And once the bull market appears, they will make a lot of profit if their coin is one of the profitable coins. 
Yes, investing in bitcoin is very risky, but as long as you don't panic and don't make fast sale because of the down of the price, you will not lose your bitcoin. You will have time to see bitcoin price increases again.

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12 hours ago, Maksim said:

Crypto vs gold. Bitcoin and gold have bad sides. It seems to me that gold is better because it is a thing that exists in the real world and bitcoin exists only on the Internet, but bitcoin has good protection.

I also think that gold is better than bitcoin. Gold is a precious metal that is difficult to mine, does not rust from which precious jewelry can be made, whose millennial history has been calculated and can be felt in your hands. And Bitcoin is virtual, it is only on the monitor and on the screens of smartphones

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Crypto and gold, two things I really want to have in bulk, they are the most valuable treasures to mankind and their prices will keep going up and they will not lose their values any time soon, investing in them is the best decision you can make.

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26 minutes ago, Cris said:

Both gold ans bitcoin has a price but different value. Gold can find in our nature like mining and has a stable value in the market while bitcoin are earned through trading, gambling and etc,. Both can be keep as investment. Both are good in the market.

gold can also be earned through trading and gambling

and also bitcoin can be earned by mining too

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However, the fear of low inflation and a sharp yen appreciation deters the BoJ from raising the interest rate and narrowing the gap with other major global currencies' rates. A strong yen would harm national exporters. The decline in industrial production, which fell by -0.1% in April both month-on-month and year-on-year, does not encourage borrowing costs to rise.   The last note of the week for USD/JPY was struck at 157.25. United Overseas Bank (UOB) analysts believe that in the next 1-3 weeks, "the dollar has the potential for growth, but given the weak upward momentum, any advancement is likely to be slow. The 157.50 level might be difficult to overcome, and resistance at 158.00 is unlikely to be reached in the near future."   Speaking of the average forecast of experts, only 20% indicate a southward direction, while the remaining 80% adopt a neutral position and look east. Technical analysis tools show no such doubts or disagreements. Thus, 100% of trend indicators and oscillators on D1 point north, with 15% already in the overbought zone. It should be noted that if the green/north color of the indicators for the euro and the British pound indicates their strengthening, in the case of the yen, it conversely indicates its weakening. Therefore, traders may find it interesting to pay attention to the EUR/JPY and GBP/JPY pairs, whose dynamics have been impressive lately. The nearest support level is in the area of 156.25-156.60, followed by zones and levels at 155.50-155.90, 153.10-153.60, 151.85-152.35, 150.80-151.00, 149.70-150.00, 148.40, 147.30-147.60, 146.50. The nearest resistance is in the 157.40 zone, followed by 157.70-158.00, 158.60, and 160.00-160.20.   No significant events or publications regarding the state of the Japanese economy are expected next week. CRYPTOCURRENCIES: Bullish and Bearish Ethereum Prospects   For the second week, market participants' attention has been focused on the main altcoin. 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This forecast is based on linear regression and the price statistics of bitcoin after the launch of spot BTC-ETFs. CCData's analysis assumes that inflows into similar Ethereum funds will be at least 50% of inflows into Bitcoin-ETFs, which means about $3.9 billion over a 100-day period.   Popular analyst Lark Davis has forecasted future growth for bitcoin to $150,000 and Ethereum to $15,000, explaining such a sharp price increase by the emerging market dynamics. The main reason for growth, Davis also cites spot BTC-ETFs, to which ETH-ETFs will now join. This will further fuel the cryptocurrency market's enthusiasm. Currently, spot BTC-ETFs hold 1,002,343 coins (≈ $68 billion), which is about 5% of the circulating supply of the flagship asset. Davis believes this impressive figure clearly indicates growing recognition of cryptocurrency and interest from institutional investors, especially from the US.   Strike CEO Jack Mallers predicts that during the ongoing bull rally, bitcoin could reach $250,000 and possibly rise in price to $1 million. On a podcast with Pomp Investments founder Anthony Pompliano, Mallers explained his bold forecast by stating that bitcoin is still at an early stage of development. According to him, the bond market is currently facing problems, so central banks may inject a significant amount of liquidity into the financial system to stabilize it. This liquidity influx will trigger an increase in the value of risky assets, including the leading cryptocurrency.   Jack Mallers disagrees with the notion that bitcoin is a bubble or a tool for speculation. The asset is becoming increasingly popular among financial giants on Wall Street, and its limited supply of 21 million coins makes BTC highly resistant to inflation, unlike fiat currencies and gold. "Bitcoin can be called the hardest form of money – thanks to the fixed issuance schedule and halvings every four years. The release rate of new coins gradually decreases, thereby increasing bitcoin's long-term value," argued the Strike CEO.   Analysts from financial investment company Motley Fool also target a six-figure number. They suggested that bitcoin's rate could rise to $400,000 and possibly even reach $1 million. The reason, which has been mentioned many times, is the influx of money from institutional investors through spot ETFs. Motley Fool analysts noted that more and more pension funds and hedge funds, managing multi-billion dollar sums, are entering the bitcoin market. Thanks to cryptocurrency ETFs, they can easily include bitcoin (and soon Ethereum) in their investment portfolios.   According to analysts, around 700 investment companies have already invested in such funds. Nevertheless, the share of institutional investors in bitcoin-ETFs is currently only about 10% of the total. Motley Fool estimates that if financial institutions invest about 5% of their assets in bitcoin, the market capitalization of the first cryptocurrency could exceed $7 trillion, which explains its forecasted rate of $400,000.   Considerably less optimism was heard in the forecast of Bloomberg senior analyst Mike McGlone. According to him, bitcoin's volatility leaves it trailing gold and the US dollar in investment appeal. Furthermore, he believes that stocks will soon crash amid the expected recession, but BTC will suffer even more than the stock market. McGlone emphasized that the Tether (USDT) stablecoin, pegged to the US dollar, typically trades twice as much per day as bitcoin. "I can access the US dollar anywhere in the world from my phone using Tether. Tether is the number one trading token. It's the number one cryptocurrency for trading. It's the dollar. The whole world has moved to the dollar. Why? Because it's the least bad of all fiat currencies," the Bloomberg expert stated.   While Mike McGlone merely downgraded bitcoin's attractiveness, Cardano founder Charles Hoskinson simply buried it. He equated bitcoin to a religion and stated that the industry has outgrown its dependence on it. According to Hoskinson, "the industry no longer needs bitcoin to survive." He pointed out critical threats to the leading cryptocurrency, including insufficient adaptability and dependence on the Proof-of-Work algorithm. Franklin Templeton analysts, on the contrary, consider L2 protocols, along with Ordinals, Runes, and DeFi primitives, as one of the main drivers of bitcoin's innovation revival. Strike CEO Jack Mallers defended the first cryptocurrency. According to him, the Lightning Network, created for instant and cheap transactions, a second-layer solution based on the BTC blockchain, can further increase the demand for the first cryptocurrency. Mallers believes that thanks to this, bitcoin can be used for everyday purchases, such as paying for a cup of coffee. Former BitMEX CEO Arthur Hayes called the native token of the Cardano blockchain (ADA) "dog shit" due to its low use in protocols.   As of the time of writing this review on the evening of Friday, 31 May, ADA is trading at 0.45 USD per coin, while bitcoin and Ethereum are faring significantly better: BTC/USD is trading at $67,600, and ETH/USD at $3,790. The total cryptocurrency market capitalization is $2.53 trillion ($2.55 trillion a week ago). The Bitcoin Fear & Greed Index remained almost unchanged over 7 days, staying in the Greed zone at 73 points (74 a week ago).   It should be noted that ETH/USD failed to break through the $4,000 resistance this past week. The local maximum was recorded on Monday, 27 May, at $3,974. The lack of an immediate pump is explained by the fact that everyone who wanted to buy Ethereum in anticipation of the SEC's historic decision already did so. Meanwhile, according to some analysts, there is a high probability that immediately after the launch of the long-awaited spot exchange funds, Ethereum will enter a deep drawdown, similar to what happened in January with bitcoin. Then, over 12 days, it fell by 21%.   One of the key reasons for BTC's drawdown at that time was the unlocking of GBTC fund assets from Grayscale, which was converted into a spot fund from a trust. It began losing investments daily at a rate of $500 million. It is possible that something similar could happen with Ethereum, where Grayscale's ETHE fund holds $11 billion worth of ETH. As soon as this fund is converted into a spot fund and its assets are unlocked, short-term investors might start taking profits, potentially causing ETH/USD to fall to the strong support zone of $2,900-3,200. Pessimists among bearish factors also cite the uncertain legal status of the altcoin, as the SEC has not yet clearly defined whether ETH is a commodity or a security. Additionally, the regulator has many complaints about the staking program.   Staking is a way to earn cryptocurrency by "locking" a certain amount of coins in a wallet on the Proof of Stake (PoS) algorithm to support the network. In return, the user receives rewards in the form of additional coins. According to Wall Street legend Peter Brandt, "the biggest disasters in the cryptocurrency sphere that are yet to happen will be related to staking." The expert noted that such assets as Ethereum are often rented out to earn such income, often in the form of interest, which strongly reminds him of collapsed financial pyramids. As staking becomes more widespread, Brandt warned, it could attract increased attention from central banks, treasuries, and other authorities. This could lead to tighter regulation, significantly altering the crypto space and potentially resulting in the cessation of staking and bankruptcies for those involved. NordFX Analytical Group   Notice: These materials are not investment recommendations or guidelines for working in financial markets and are intended for informational purposes only. Trading in financial markets is risky and can result in a complete loss of deposited funds.   #eurusd #gbpusd #usdjpy #btcusd #ethusd #ltcusd #xrpusd #forex #forex_example #signals #cryptocurrencies #bitcoin #stock_market   https://nordfx.com/ 
    • Даа, кроме нас на форуме остались рекламщики обменников и все). А у вас было монета not, он очень хорошо вырос. Надо было покупать сразу после листинга. Даа, упускаем моменты). Биткоин продолжает коррекцию делать, а я купил какие то щитки и вынужден ждать. 
    • Крупный банкир получил тюремный срок за криптомошенничество   Бывший инвестиционный банкир Рашон Рассел приговорён к 41 месяцу тюремного заключения за мошенничество с использованием цифровых активов. В результате расследования правоохранительные органы США выяснили, что обвиняемый начал опробовать свою мошенническую схему на друзьях, бывших одноклассниках и коллегах по работе в криптофонде R3 в ноябре 2020 года. Рассел обещал им гарантированную доходность инвестиций от 25% до 100%. Чтобы его слова были ещё убедительнее, он пустил в ход свой опыт инвестиционного банкира и сфабрикованные документы (поддельные счета, переводы). Сначала он использовал часть полученных обманным путём средств для выплаты долгов более ранним инвесторам. Остальные деньги Рассел тратил на азартные игры и поддержание роскошного образа жизни. Такая мошенническая схема работала до августа 2022 года. В апреле 2023 года Рашона Рассела арестовали, а в сентябре он признал свою вину. Тогда же выяснилось, что Рассел незаконно приобрёл около 100 кредитных и дебетовых банковских карт на имена других людей. По мнению следователей, он планировал использовать карты для проведения транзакций с полученными незаконным способом деньгами. Минюст США подсчитал, что потери инвесторов от мошеннической схемы Рассела составили $1,5 млн. Именно эту сумму подсудимый должен выплатить своим жертвам в качестве компенсации. Источник - https://ru.investing.com/news/cryptocurrency-news/article-2428894
    • CryptoRank поделился списком крупнейших разлоков июня.        Будьте осторожны в отмеченные дни, ведь увеличение предложения может вызвать давление со стороны продавцов. ARB — $105.21 млн;APT — $103.03 млн;UNI — $87.93 млн;STRK — $75.67 млн;DYDX — $66.3 млн;SEI — $63.81 млн;ID — $55.82 млн;IMX — $54.96 млн;MERL — $42.21 млн;ENS — $36.65 млн.  
    • 🚀Join $20 000 000 Cryptodrop 🚀Collect points to get BFG rewards 🚀To the Moooon!    If you are interested, click here 👇
    • В Татарстане построят майнинговую ферму стоимостью $100 млн   В Иннополисе, городе высоких технологий в Республике Татарстан, реализуют майнинговый проект стоимостью $100 млн. Об этом на криптофоруме в Казани сообщил заместитель премьер-министра Татарстана Роман Шайхутдинов и заместитель министра цифрового развития, связи и массовых коммуникаций РФ Александр Шойтов.     В 2023 году Россия поднялась на второе место по майнингу криптовалют. По оценке экспертов, в майнинге может быть использовано до 5 гигаватт электрической мощности, что позволит стране занять лидирующие позиции в отрасли, — сказал Александр Шойтов.   В середине февраля компания по добыче биткоинов BitRiver также обнародовала планы по запуску крупнейшего в России дата-центра, ориентированного на искусственный интеллект.   В РФ пока нет чётких правил по контролю майнинга. В конце апреля российские законодатели представили новую версию законопроекта, направленного на регулирования рынка добычи криптовалют. По словам одного из его авторов, правила могут вступить в силу уже в сентябре этого года.
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