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hexwin

Gold & Crypto

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Crypto is now very popular and one of the earliest sources of income without any investment, Crypto can be compared to gold and because nowadays many respond to Bitcoin earnings through working in cryptocurrency, many consider it gold, and the value of crypto often equates to crypto.  Because of its popularity, it is now popular to say that gold and crypt  Suee the same verse.

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I always support Bitcoin. Because Bitcoin give us profit all moment. But gold is like hold money. Never give us profit. Also Bitcoin is a digital currency. Day by day this coin popularity increases.

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8 hours ago, rajonmia said:

I always support Bitcoin. Because Bitcoin give us profit all moment. But gold is like hold money. Never give us profit. Also Bitcoin is a digital currency. Day by day this coin popularity increases.

Yes that is right. Only use Gold to store value your money. With gold you can have protection atleast against inflation. Because with inflation can eat your money value. Also in Bitcoin don't have any inflation, that is why the price so volatile. The market is depending on supply and demand. That is good because no anyone can control that market.


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Gold Vs bitcoin bettle is running and we saw gold still is in better position if bitcoin acceptes largely by the whole world as legal then it's price goes to very high then gold. 

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In my opinion .. Bitcoin is the gold of the cryptocurrency world .. I mean there's a day will imagine you have one

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We can not put behind the value of gold and also we can never ignore the value of bitcoin.as bitcoin have double benefit over gold first is store of value and 2nd is payment option. But gold only can be stored in most cases 

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Both the crypto and the gold has a good and a bad side in the site and also to be added that crypto and gold are been playing a great role in the future. 

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On 10/2/2019 at 12:58 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.

 

 

Gold is good asset to store value although it not rises fast but it is safe. And crypto is best for speculation purposes. So you could use crypto for earning and gold to store wealth safely.

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I think cryptocurrency is much better than cold and one of the reasons is that the price of gold stables for a long time.
General Chat Chat LoungBut on the other hand, the price of cryptocurrency is not always stable and the price of the edit fluctuates within a short period of time, which if you invest in conscious, you can get out of the currency more than gold.
General Chat Chat LoungAnd that's why I think cryptocurrency is the best

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Actually gold and bitcoin are two different financial instruments. Bitcoin and gold is not interrelated yet and have no correlation. Investment in gold and bitcoin both are profitable for the investment as they are always in high demand and rare.


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I personally think that there is no need for cryptocurrency to be against gold they are two different things and they do not even correlate even a little bit. I guess their differences could be the reason why they are not useful to each other.

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On 10/1/2019 at 9:28 PM, 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.

 

 

i agree for the store of value. both of them, gold and bitcoin, can be used for that.

for the payments options, i really don't know, is too early to say something about that. there a lot o blockchains that offer a better payment method than bitcoin. 

wait another few years and we will see what will happen

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Cryptocurrency has the potential to be such a loss, just like in Eid, my chances are many times more likely to be compared to Gold.
General Chat Chat LoungAnd one of the reasons behind this is that the price of bitcoin or cryptocurrency is never distressed for a long time, but on the other hand, the price of gold is installed for most of the time and so that the whole market maintains a friendly gold market, but the satisfied marketEasily fluctuate in a short period of time and hence investing in the right time
 memories can provide good profit
 

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In my opinion, investing in cryptocurrency without understanding it is a lot like gambling, and one of the reasons is that when you think about whole marketing, you are likely to lose a lot of cryptocurrency, but goldThere will not be much in this case, and one of the significant reasons is that the gold market is much more stable than the currency
 

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1 hour ago, Sumaira aslam said:

I agreed with you iam also not saying investing in gold is bad though.

Gold is not that bad but we can say that gold is not our cup of tea. Now gold is not a good asset for traders but it is an ornament. 

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1 hour ago, Sakhid said:

Gold and crypto (bitcoin) are two different things. If inanimate gold has a high price value because it is considered as a precious metal that is different from other metals. If Bitcoin is a formless digital currency but from symbols or images it really looks like gold and has a very high price value.

gold is more trusted as an investment because with gold its something that you can see and touch but when it comes to crypto a lot of people dont believe in its existence outside of the internet

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Come on the gold is good but bitcoin is more value than other. My friend once he made a coin of bitcoin from gold it was heavy but the bitcoin now has a high price than the golden coin . lol

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Bitcoin may be more gold .Bitcoin and gold are much more correlated than people are aware. One of the oldest coins used by humans. Bitcoin and gold are completely different and cannot be compared

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On 10/2/2019 at 1:28 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.

 

 

Gold and crypto both of them are opposite side. If crypto price go up, gold price will go down. 


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On 10/5/2019 at 5:34 AM, hexwin said:

Problem I find with gold and paper money is LIMIT you have by each country how much you can carry with yourself.

If they find that you are crossing border with more gold or cash you reported they will take it away from you

This is true that the paper and gold is limited but if we work in the crypto market we can make good money in the market and but if we safe our money then we can not get any profit from the market and we are not getting any profit.


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I think investing in Gold can be dangerous if you live in a region which has many thieves. Gold is a physical thing and if it is stolen, you will lose a huge money. Anyone who wants to invest in Gold, should keep it in safe deposit boxes in Banks. However, Bitcoin is a virtual currency and it is safer. I don't want to say it is 100% safe but if you hold it in a cold wallet, it is much safer than Gold in your house. Even if someone steals your cold wallet, he can do nothing without private keys.

Bitcoin is much more profitable than Gold too. You can't trade daily with Gold. You just have to keep it for a long time to increase its value. Bitcoin offers you many chances of making profit during a year.

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On 10/5/2019 at 5:37 AM, Sunn said:

First both is demandable but I don't think the both is same. Because gold is hard but Bitcoin is just online virtual money. We cannot take the both same like. we can use both but we cannot different between that. 

Gold and the crypto market is not same and both are change because when we invest in gold and also invest the same amount in the crypto we got good profit in the market than the gold, so crypto is best.


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I don't think Bitcoin should be against gold or be together. Because gold is produced in nature and nobody can make it but can hold it in real life as mostly jewelleries are made out of it. On the other hand, Bitcoin is a digital currency and nobody knows if anyone controls it or not and we can't touch it or hold it in real life. There are huge differences between these two. Also as you said about the tokes,I am sorry I clearly do not have any idea about that.

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Crpto is better than gold and is the commodity of new era for investment and I think it is very good for a long term investment and a huge profit. It is also very easy to buy and there is no need of any paper work for its investment.

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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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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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