Bitcoin 34000 US$ as of today!

[suzy]

It's going up again before the weekend almost 38K USD right now.

 

[JohnnyDoe]

It's going up again before the weekend almost 38K USD right now.

After FUD comes FOMO. Everyone was dead until a few days ago, now it’s again time for Lambo and Moon. Too funny.

 

[Dreamy]

now I will be waiting for the ETH to go to 10K if it does. I will buy everyone here on the forum a beer but first I will buy me some camel toe, a ferrari and party 3 days.

Firstly you need to think how you will get your $ from ETH

 

[bizman]

Firstly you need to think how you will get your $ from ETH

Wat's the problem if you use services like kraken, binance or similar ?

BTW: it has growing over night, up with 41500 US$

 

[JohnnyDoe]

Firstly you need to think how you will get your $ from ETH

Why would you want a useless inflationary fiat currency like the $? Unless you are a masochist who enjoys dealing with inflation and banks of course.

 

[suzy]

almost 44.000 today - awesome - we are going up, up, up, up

 

[myshufflemix]

down 33.000 bahhhhh

 

[Golden Fleece]

Gold goes up during a world crisis while Bitcoin goes down. This is now an established trend. So much for Bitcoin being a new digital form of gold. It has always been purely a speculation. People now realize that.

 

[JohnnyDoe]

Gold goes up during a world crisis while Bitcoin goes down. This is now an established trend. So much for Bitcoin being a new digital form of gold. It has always been purely a speculation. People now realize that.

Sure enough, today gold is down and bitcoin up LOL

 

[Golden Fleece]

Sure enough, today gold is down and bitcoin up LOL

I am obviously talking about the overall price trend during the period of the Ukraine crisis, not a single day.

 

[Golden Fleece]

Sure enough, today gold is down and bitcoin up LOL

Uh . . . what were you saying? At the end of the day, gold is up over over $30/ounce (1.6%) and Bitcoin is down over six percent. As I stated earlier, this is now an established trend. During a world crisis, gold goes up while Bitcoin goes down. Why? Because gold is real money and insurance against uncertainty, while Bitcoin is purely a speculation. During a crisis, investors flee to real money and de-leverage from the risk of speculative trades.

 

[JackAlabama]

I am obviously talking about the overall price trend during the period of the Ukraine crisis, not a single day.

but a single month taken out of a decade

thats how correlation is being made.

Uh . . . what were you saying? At the end of the day, gold is up over over $30/ounce (1.6%) and Bitcoin is down over six percent. As I stated earlier, this is now an established trend. During a world crisis, gold goes up while Bitcoin goes down. Why? Because gold is real money and insurance against uncertainty, while Bitcoin is purely a speculation. During a crisis, investors flee to real money and de-leverage from the risk of speculative trades.

How to store and move gold? Especially in times of crisis.
Lets say for "just" a 500k, which is already 10kg which is a already a lot to carry for the untrained western.

 

[JohnnyDoe]

Keep buying high and selling low! Otherwise how could we make our gains?

 

[369]

Uh . . . what were you saying? At the end of the day, gold is up over over $30/ounce (1.6%) and Bitcoin is down over six percent. As I stated earlier, this is now an established trend. During a world crisis, gold goes up while Bitcoin goes down. Why? Because gold is real money and insurance against uncertainty, while Bitcoin is purely a speculation. During a crisis, investors flee to real money and de-leverage from the risk of speculative trades.

i agree on your main message however btc will have its time together with gold when cbdc's are going to be implemented .the current downtrend is to kill all long positions and margin and accumulate coins so they can have their last final move.However these coins will in the end fail to hold value (basicly a milking asset like dotcom bubble to finance new tech) where gold will hold and even skyrocket at the implementation of sdr's

 

[JackAlabama]

Keep buying high and selling low! Otherwise how could we make our gains?

Sold at 31 down from 64

 

[FlipnShip]

i agree on your main message however btc will have its time together with gold when cbdc's are going to be implemented .the current downtrend is to kill all long positions and margin and accumulate coins so they can have their last final move.However these coins will in the end fail to hold value (basicly a milking asset like dotcom bubble to finance new tech) where gold will hold and even skyrocket at the implementation of sdr's

Hopefully it works out. I would not mind loading up on some BTC in the low 20s and rebalance for some still semi surpressed gold once we go over 100 k

 

[369]

Hopefully it works out. I would not mind loading up on some BTC in the low 20s and rebalance for some still semi surpressed gold once we go over 100 k

remember of the goldban not many solutions expecially when buying for a larger sum when living in a western country

 

[Golden Fleece]

How to store and move gold? Especially in times of crisis.
Lets say for "just" a 500k, which is already 10kg which is a already a lot to carry for the untrained western.

remember of the goldban not many solutions expecially when buying for a larger sum when living in a western country

The answer is the same to both of these comments. You store your gold in a safe foreign jurisdiction with a well-established rule of law in a secure private non-bank vault, e.g., Switzerland, Singapore, Cayman Islands, etc. Ideally, you split your gold up between several of these jurisdictions, just to be doubly safe.

Then you move your person, not your gold. If you cannot trust having your gold in your home country, why would you trust your government to leave you unmolested during a crisis? It is far more simple to move yourself, than to move your gold. That is why having multiple residencies and citizenships is so important.

Leaving a year too soon is far better than trying to leave a day late. Read the tea leaves. It is a little-known fact that the Nazi regime tried everything that it could to force as many Jews as possible to leave Nazi Germany. It wanted them gone. All the Jews who listened to that message survived. Those who ignored that message perished. The message was quite clear. Just as Putin's message was quite clear: a guarantee that Ukraine will never join NATO or my guarantee that I myself will make that happen.

Learn to listen. Then visit your gold.

 

[369]

in this kind of situations people mostly react emotional instead of rational.Having family and real estate you love and feel safe makes it very difficult to leave for them.
I learned my lesson in the dotcom bubble to not listen on so called experts to not react emotional but clear rational thinking based on only own conclusions

 

[JohnnyDoe]

The answer is the same to both of these comments. You store your gold in a safe foreign jurisdiction with a well-established rule of law in a secure private non-bank vault, e.g., Switzerland, Singapore, Cayman Islands, etc. Ideally, you split your gold up between several of these jurisdictions, just to be doubly safe.

Then you move your person, not your gold. If you cannot trust having your gold in your home country, why would you trust your government to leave you unmolested during a crisis? It is far more simple to move yourself, than to move your gold. That is why having multiple residencies and citizenships is so important.

Leaving a year too soon is far better than trying to leave a day late. Read the tea leaves. It is a little-known fact that the Nazi regime tried everything that it could to force as many Jews as possible to leave Nazi Germany. It wanted them gone. All the Jews who listened to that message survived. Those who ignored that message perished. The message was quite clear. Just as Putin's message was quite clear: a guarantee that Ukraine will never join NATO or my guarantee that I myself will make that happen.

Learn to listen. Then visit your gold.

Ok explain how I can buy a few kg of gold (the real thing, not a paper stating that I own it), then go to Switzerland or Caymans and lock it inside a safe box of which only I have the keys and I can access any time I want.