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Bitcoin vs Gold, which one is better?


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i watch the dollar vigilante videos. some of the best videos on the plandemic but he ends with crypto.

he seems to think bitcoin will crash bigtime as its not a privacy coin.

hes pushing monero and pirate chain as they are true privacy coins.

 

pirate chain has gone from .5$ to 12$ in 3 weeks

bitcoin was 3$ years ago now its 50,000$

i'm looking into how to buy crypto as i'd take a punt on a few hundred pirate chain hoping it'd explode like bitcoin

 

 

Edited by bamboozooka
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One factor I can’t help but think about is how does the mass depopulation plan affect things? I firmly believe this has been the plan for a very long time, and we are just entering it. We will see just how bad the jabs are in the winter. But if most of the population dies, then what happens to the price of crypto’s? 

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On 4/26/2021 at 4:59 AM, DarianF said:

Why not cover both bases. Stack precious metals (gold, silver, platinum) and stack cryptocurrency also. Doesn't have to be one camp or the other.

Seems like the whole world has gone tribal. Asset classes are no different. Even within crypto there is extreme tribalism.

 

I'm in your camp, big fan of both in this current economic situation.

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On 4/29/2021 at 5:29 AM, Seeker said:

One factor I can’t help but think about is how does the mass depopulation plan affect things? I firmly believe this has been the plan for a very long time, and we are just entering it. We will see just how bad the jabs are in the winter. But if most of the population dies, then what happens to the price of crypto’s? 

 

lolz, in terms of scenario planning this is an extreme one. I can imagine the folks at Goldman Sachs discussing the what happens to our investments when bill gates wipes out most of the planet's population?

 

Well if you think about it. If people are removed. Does their money/assets get removed? I guess it will be the same game, just a smaller no of players.

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7 hours ago, Mr H said:

Seems like the whole world has gone tribal. Asset classes are no different. Even within crypto there is extreme tribalism.

 

I'm in your camp, big fan of both in this current economic situation.

 

You'll probably find that the hardcore precious metals guys are secretly buying crypto, and the hardcore crypto guys are secretly buying precious metals. But none would admit it 😅

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5 hours ago, DarianF said:

 

You'll probably find that the hardcore precious metals guys are secretly buying crypto, and the hardcore crypto guys are secretly buying precious metals. But none would admit it 😅

lol, Peter Shiff the biggest gold bug his son is big into crypto, embarrassing for him! 

 

Yeah they all have their own agendas and stuff to sell you so they encourage tribalism. If people take the time to study both I'm sure there would be less tribalism.

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12 hours ago, Mr H said:

lol, Peter Shiff the biggest gold bug his son is big into crypto, embarrassing for him! 

 

Yeah they all have their own agendas and stuff to sell you so they encourage tribalism. If people take the time to study both I'm sure there would be less tribalism.

 

Honestly I'm in the precious metals camp, but I don't get offended when someone prefers cryptos. Who gives a crap.

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3 minutes ago, DarianF said:

 

Honestly I'm in the precious metals camp, but I don't get offended when someone prefers cryptos. Who gives a crap.

 

I think it's mainly Goldbugs scared that BTC will take away it's market share. Don't usually get crypto peeps starting these types of arguments.

 

Think Gold Price manipulation has done more damage to Gold Price than Crypto could ever do.

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Just now, Mr H said:

 

I think it's mainly Goldbugs scared that BTC will take away it's market share. Don't usually get crypto peeps starting these types of arguments.

 

Think Gold Price manipulation has done more damage to Gold Price than Crypto could ever do.

 

The real precious metals stackers are grateful... be super grateful that cryptos are keeping metal prices down. It gives you a chance to stack more! If prices skyrocketed, they'd all be bitching that they can no longer buy metals.

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57 minutes ago, DarianF said:

 

The real precious metals stackers are grateful... be super grateful that cryptos are keeping metal prices down. It gives you a chance to stack more! If prices skyrocketed, they'd all be bitching that they can no longer buy metals.

That's an excellent point!

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20 hours ago, DarianF said:

You'll probably find that the hardcore precious metals guys are secretly buying crypto, and the hardcore crypto guys are secretly buying precious metals. But none would admit it 😅

 

true dat

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22 hours ago, Mr H said:

 

I think it's mainly Goldbugs scared that BTC will take away it's market share. Don't usually get crypto peeps starting these types of arguments.

 

Think Gold Price manipulation has done more damage to Gold Price than Crypto could ever do.

 

 

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Posted (edited)

 

On 4/28/2021 at 9:56 PM, bamboozooka said:

i watch the dollar vigilante videos. some of the best videos on the plandemic but he ends with crypto.

he seems to think bitcoin will crash bigtime as its not a privacy coin.

hes pushing monero and pirate chain as they are true privacy coins.

 

pirate chain has gone from .5$ to 12$ in 3 weeks

bitcoin was 3$ years ago now its 50,000$

i'm looking into how to buy crypto as i'd take a punt on a few hundred pirate chain hoping it'd explode like bitcoin

 

 

 

Wise move.

 

Pirate chain seems to have it all for full anonymity & decentralised.

Bitcoin is shite totally compromised.

Most of these coins offer you nothing in return for the future really & are all hype & GREED.

 

An interesting anarchial platform worth checking out:

 

https://ethoprotocol.com/

 

Edited by oddsnsods
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14 hours ago, oddsnsods said:

 

 

Wise move.

 

Pirate chain seems to have it all for full anonymity & decentralised.

Bitcoin is shite totally compromised.

Most of these coins offer you nothing in return for the future really & are all hype & GREED.

 

An interesting anarchial platform worth checking out:

 

https://ethoprotocol.com/

 

 

14 hours ago, DarianF said:

 

 

Excellent and his series on history of money is a must watch. 

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The rise of ARRR coin has put me in a quandry....on one hand engaging with crypto-currencies could put me in breach of pirate article number 7:

 

7. Cultivate heart-power, turn your back on the hype and value real things

 

However....on the other hand ITS A FRICKIN PIRATE COIN ISN'T IT???!!!

 

What kind of sea captain would i be without a little pirate coin in me locker hey shipmates?

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  • 1 month later...
  • 3 weeks later...

To update my views on this......

 

Bitcoin is the better for price appreciation. But it comes with a big butt! (and they don't lie!)

 

That is only true as long as the belief in Bitcoin remains.

 

Yes, you can argue some intrinsic value in the network. However........it does suffer from...

 

-Poor security - I found out it has been hacked twice, once in 2010 and once I think about 18 months ago.

-Poor code - In terms of no smart contracts or DAPPS and never really likely to either being built 

-10% of the total supply is held by one unknown key holder.

-Only 2000 wallet addresses control 40% of the total supply

-Too slow to perform day to day transactions

- No privacy - if you ever did make a transaction - then anyone in the world today until the end of time can see how much money you have in your account and what transactions you have made and to whom

 

In essence, in terms of whether this product is any good for usage, it is not. It is utter crap! And will never be mainstream.

 

In terms of price appreciation. Yeah, the coin was designed for this purpose and it has fulfilled that aim thus far and don't see it stopping anytime soon given it's religious following. I have just ditched the belief that this is going to be THE crypto that changes the world. It isn't and won't......

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Posted (edited)

So in conclusion.

 

Bitcoin is better if you seek price appreciation

Gold is better if you seek security of your money

Edited by Mr H
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  • 2 weeks later...
On 4/26/2021 at 4:59 AM, DarianF said:

Why not cover both bases. Stack precious metals (gold, silver, platinum) and stack cryptocurrency also. Doesn't have to be one camp or the other.

 

I think if the SHTF then Precious Metals will ultimately be more useful. Bitcoin is easy for Governments to kill off and indeed dome of that process seems to be starting. That said where Bitcoin might have use is in the case of national collapse. If you can hold your crypto in a brain wallet, then you don't even need to carry a ledger or other hardware wallet when you cross a border into safety. Assuming the other nation offers basic freedom, then crypto should then be fine.

 

Now that said, another few things you might want are guns for personal protection (especially if you have lots of Gold) and don't forget to stack up on Whisky or Whiskey. It is good for sterilisation of wounds, can act as a pain killer, is fun to drink and is highly tradable in a collapse or conflict situation. 

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