Popular Post Neeranam Posted June 24, 2022 Popular Post Share Posted June 24, 2022 About half of surveyed gold buyers report plans to acquire more of the asset, but a third of respondents believe bitcoin is a viable alternative https://blockworks.co/one-third-of-surveyed-gold-buyers-view-bitcoin-as-the-better-bet/ 3 16 Link to comment Share on other sites More sharing options...
Popular Post BritManToo Posted June 24, 2022 Popular Post Share Posted June 24, 2022 Was this gold investors in Thailand that actually held the physical gold? Or was it just gold investors in the west buying bits of paper? 2 2 Link to comment Share on other sites More sharing options...
Popular Post OneMoreFarang Posted June 24, 2022 Popular Post Share Posted June 24, 2022 12 minutes ago, Neeranam said: a third of respondents believe bitcoin is a viable alternative Tells us one of the crypto fan boys... Gold and Bitcoin are about as different as it gets. The big problem with crypto is that is will crash if they don't find many new buyers. And some people, not only in this forum, try desperately to convince people to put their money into crypto - someone has to put money into it or the old investors will never get their money back. 20 1 3 Link to comment Share on other sites More sharing options...
Popular Post worgeordie Posted June 24, 2022 Popular Post Share Posted June 24, 2022 What about holders of Gold , in massive amounts, on the subcontinent, middle east , were they surveyed , or are you just pushing a bit of good news about Bitcoin in the hope there's a few buyers to increase the price. regards worgeordie 4 1 1 Link to comment Share on other sites More sharing options...
Popular Post Excel Posted June 24, 2022 Popular Post Share Posted June 24, 2022 9 minutes ago, OneMoreFarang said: Tells us one of the crypto fan boys... Gold and Bitcoin are about as different as it gets. The big problem with crypto is that is will crash if they don't find many new buyers. And some people, not only in this forum, try desperately to convince people to put their money into crypto - someone has to put money into it or the old investors will never get their money back. Just a Ponzi scheme, a brilliant one albeit, dreamt up that is taken hook line and sinker by the greedy gullible. 12 1 1 Link to comment Share on other sites More sharing options...
Popular Post Henryford Posted June 24, 2022 Popular Post Share Posted June 24, 2022 Alternative to what? gambling at the casino. 2 1 1 Link to comment Share on other sites More sharing options...
Popular Post JeffersLos Posted June 24, 2022 Popular Post Share Posted June 24, 2022 13 minutes ago, OneMoreFarang said: And some people, not only in this forum, try desperately to convince people to put their money into crypto - someone has to put money into it or the old investors will never get their money back. If you honestly believe that the price of crypto can be affected by a few Asean Now forum members suddenly deciding to enter the market, then.... I understand why you don't understand crypto. ???? 2 3 Link to comment Share on other sites More sharing options...
jvs Posted June 24, 2022 Share Posted June 24, 2022 Gold in Asia has a different meaning than any where else. It is better as money in the bank. With gold in your hand you will always be able to trade. I read the other day that a small piece of gold could buy you 10 loafs of bread,100 years ago. That same piece of gold can buy you 10 loafs of bread today. Looking at it that way inflation has no grab on gold. Bitcoin hovers around 20 thousand US today,time will tell where it goes,i will not be buying. 1 Link to comment Share on other sites More sharing options...
Popular Post EricTh Posted June 24, 2022 Popular Post Share Posted June 24, 2022 (edited) Gold is something tangible whereas Bitcoin is digital/intangible and created out of thin air. Bitcoin is a pyramid scheme where some people gain money at the expense of somebody else losing their hard-earned money! So it's a win-lose combination and similar to gambling. If you are at the losing end , you won't think Bitcoin is great. Do not gain at the expense of somebody else suffering, that's why I don't dabble in bitcoin. Edited June 24, 2022 by EricTh 3 Link to comment Share on other sites More sharing options...
EricTh Posted June 24, 2022 Share Posted June 24, 2022 18 minutes ago, Henryford said: Alternative to what? gambling at the casino. It's just another way of gambling. The casino owners always win. Link to comment Share on other sites More sharing options...
Lemsta69 Posted June 24, 2022 Share Posted June 24, 2022 Just now, EricTh said: Gold is sometime tangible whereas Bitcoin is digital and created out of thin air. Bitcoin is a pyramid scheme where some people gain money at the expense of somebody else losing their hard-earned money. So it's a win lose combination and similar to gambling. If you are the losing end , you won't think bitcoin is great. not even close but hey, believe what you want to believe. it takes hundreds of hours of reading to understand Bitcoin so pretty hard to accept what comes from someone who probably gets his news from Buffet and Munger: "Bitcoin's bad mmkay?" 1 1 1 Link to comment Share on other sites More sharing options...
Popular Post EricTh Posted June 24, 2022 Popular Post Share Posted June 24, 2022 28 minutes ago, worgeordie said: What about holders of Gold , in massive amounts, on the subcontinent, middle east , were they surveyed , or are you just pushing a bit of good news about Bitcoin in the hope there's a few buyers to increase the price. regards worgeordie Gold cannot be created by men; thus, it is limited in quantity. Gold were created by exploding stars. Bitcoin is digital and can be created just by the press of the button. Millions can disappear overnight if people lose confidence in it. 2 1 Link to comment Share on other sites More sharing options...
Neeranam Posted June 24, 2022 Author Share Posted June 24, 2022 18 minutes ago, JeffersLos said: If you honestly believe that the price of crypto can be affected by a few Asean Now forum members suddenly deciding to enter the market, then.... I understand why you don't understand crypto. ???? I've got that guy on ignore, ironically he's the one making negative comments about crypto, he even is a frantic poster on the crypto forum!! It's ridiculous as obviously I couldn't care if anyone here buys crypto. This is last place I would go if I were wanting that; mostly retired guys who don't buy crypto as they don't know how or are already financially secure. 1 1 Link to comment Share on other sites More sharing options...
Neeranam Posted June 24, 2022 Author Share Posted June 24, 2022 3 minutes ago, EricTh said: Gold cannot be created by men; thus, it is limited in quantity. Gold were created by exploding stars. Bitcoin is digital and can be created just by the press of the button. Millions can disappear overnight if people lose confidence in it. Not true, get your facts right 1 Link to comment Share on other sites More sharing options...
Neeranam Posted June 24, 2022 Author Share Posted June 24, 2022 6 minutes ago, EricTh said: It's just another way of gambling. The casino owners always win. What poppycock garbage. Who exactly owns bitcoin? Link to comment Share on other sites More sharing options...
Popular Post worgeordie Posted June 24, 2022 Popular Post Share Posted June 24, 2022 21 minutes ago, JeffersLos said: If you honestly believe that the price of crypto can be affected by a few Asean Now forum members suddenly deciding to enter the market, then.... I understand why you don't understand crypto. ???? But if on other forums , and influencers are all pushing like Neeranam here , it could ..........at least that's what he is hoping . regards Worgeordie 4 Link to comment Share on other sites More sharing options...
Neeranam Posted June 24, 2022 Author Share Posted June 24, 2022 15 minutes ago, jvs said: Bitcoin hovers around 20 thousand US today,time will tell where it goes,i will not be buying. 2.5 years ago, it was hovering at $3500, I bet you said the same thing then. June, 2020 years ago, it was $9500. Is $20k so bad? 1 Link to comment Share on other sites More sharing options...
Neeranam Posted June 24, 2022 Author Share Posted June 24, 2022 Just now, worgeordie said: But if on other forums , and influencers are all pushing like Neeranam here , it could ..........at least that's what he is hoping . regards Worgeordie I am not pushing. Like I said, posting a topic here is NOT going to change the price of BTC. Thinking otherwise is simply stupid. 1 Link to comment Share on other sites More sharing options...
Popular Post Neeranam Posted June 24, 2022 Author Popular Post Share Posted June 24, 2022 30 minutes ago, Excel said: Just a Ponzi scheme, a brilliant one albeit, dreamt up that is taken hook line and sinker by the greedy gullible. Please read the definition of a Ponzi scheme before you post drivel here. Here, although haters like you will not read it. https://cryptonews.com/guides/is-bitcoin-a-pyramid-scheme.htm#:~:text=A typical structure of pyramid,coin and technology behind it. 3 1 Link to comment Share on other sites More sharing options...
1FinickyOne Posted June 24, 2022 Share Posted June 24, 2022 33% of people in USA think Trump never lies and won the election... 3 minutes ago, Neeranam said: What poppycock garbage. Who exactly owns bitcoin? What is poppycock? Is that a real thing? If so... who does own bit coin? - I have never seen one... but I like fantasy as much as the next guy... 1 2 Link to comment Share on other sites More sharing options...
Popular Post 1FinickyOne Posted June 24, 2022 Popular Post Share Posted June 24, 2022 4 minutes ago, Neeranam said: Is $20k so bad? If you bought in at $60k, it is not real good either... 2 1 Link to comment Share on other sites More sharing options...
Lacessit Posted June 24, 2022 Share Posted June 24, 2022 53 minutes ago, BritManToo said: Was this gold investors in Thailand that actually held the physical gold? Or was it just gold investors in the west buying bits of paper? I've traded in gold using bits of paper, it's called pool allocated gold. It means one has title to the gold held in reserve by the company selling the bits of paper. https://www.abcbullion.com.au/ Have never had a problem in ten years buying and selling. 1 Link to comment Share on other sites More sharing options...
Popular Post OneMoreFarang Posted June 24, 2022 Popular Post Share Posted June 24, 2022 28 minutes ago, JeffersLos said: If you honestly believe that the price of crypto can be affected by a few Asean Now forum members suddenly deciding to enter the market, then.... I understand why you don't understand crypto. ???? A few members here, a few members there, it adds up. Many years ago it was: send this to your 10 best friends so that will all get rich ... 4 1 Link to comment Share on other sites More sharing options...
Lacessit Posted June 24, 2022 Share Posted June 24, 2022 8 minutes ago, Neeranam said: Not true, get your facts right Post your own facts in rebuttal, please. Link to comment Share on other sites More sharing options...
FritsSikkink Posted June 24, 2022 Share Posted June 24, 2022 43 minutes ago, worgeordie said: or are you just pushing a bit of good news about Bitcoin in the hope there's a few buyers to increase the price. regards worgeordie Like he does all the time. 2 Link to comment Share on other sites More sharing options...
Hummin Posted June 24, 2022 Share Posted June 24, 2022 Who surveyed who you said? And the survey was through a blockchain website you say? And 33% become half? I bet a unbiased survey then! Link to comment Share on other sites More sharing options...
proton Posted June 24, 2022 Share Posted June 24, 2022 Scam coin with nothing behind it, unregulated and amazingly volatile. Buy this rubbish from now on at your peril, it's a gamble, not an investment. 1 Link to comment Share on other sites More sharing options...
JeffersLos Posted June 24, 2022 Share Posted June 24, 2022 13 minutes ago, Neeranam said: Is $20k so bad? It's bad because they didn't buy. ???? 1 Link to comment Share on other sites More sharing options...
1FinickyOne Posted June 24, 2022 Share Posted June 24, 2022 17 minutes ago, Lacessit said: Post your own facts in rebuttal, please. Yo, Kelly Anne - you are not supposed to get your own facts... 1 Link to comment Share on other sites More sharing options...
Popular Post Excel Posted June 24, 2022 Popular Post Share Posted June 24, 2022 23 minutes ago, Neeranam said: Please read the definition of a Ponzi scheme before you post drivel here. Here, although haters like you will not read it. https://cryptonews.com/guides/is-bitcoin-a-pyramid-scheme.htm#:~:text=A typical structure of pyramid,coin and technology behind it. As an ex teacher, I would thought you would provide something more intelligent and unbiased as that, but there again ???? 3 Link to comment Share on other sites More sharing options...
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