Holdings of gold vs Holdings of btc | Bitcointalksearch.org

matipoto

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Quote from: helloeverybody on December 16, 2015, 08:26:32 AM

Does anyone have any idea how many people are using gold as a store of value vs btc? And how long do you think until we have the same user Base as holders of gold?

At the moment you can't really compare bitcoin with gold as a store of value. Gold is considered by everybody as a store a value and widely accepted for this purpose, bitcoin no. I'll rather consider bitcoin more as an investment to try to earn some good money...

webdevmastery

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Quote from: helloeverybody on December 16, 2015, 08:26:32 AM

Does anyone have any idea how many people are using gold as a store of value vs btc? And how long do you think until we have the same user Base as holders of gold?

Holding of gold is a good asset today because it was very expensive but difference between bitcoins and gold is that, the prices of bitcoins is increasing rapidly while gold is stable so it only means that bitcoin will be more profitable depending on the market's volatility.

TheClownSong

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Quote from: Birin016 on March 29, 2018, 10:07:15 PM

In my opinion, both are very profitables, because both of them are valuable and have the most promising potential. Gold is always trusted by people and it will never lose its value, and its price keep growing slowly. BTC however is increasing fastly and expected to become a lot more expensive in the future.

Its much better if we hold gold and bitcoin. Gold as known for centuries as stable asset, but with technolgy advance, bitcoin right now become popular and people already investing on it. Bitcoin can give us many advantages because in internet era, we can make transaction using bitcoin with low fee

Yantoaja

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The number of people who hold their savings in gold is bigger than the number of people who choose bitcoin for the same target. Because of gold seems more trustworthy, it showed itself through the centuries and bitcoin is the new thing on the market and many people just afraid to put their savings in this newbie.

15putriutami

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I prefer gold for investment. Because gold has a physical and has existed from antiquity as a valuable asset. Gold also has a stable price, and it always increases its price. Bitcoin may have more selling value than gold but bitcoin jg has more risk.

Grayy

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Quote from: zodiac3011 on December 16, 2015, 09:21:14 AM

Well in my opinion, bitcoin will never be equal to gold because gold has physical value and represents for the whole economy while bitcoin is just numbers. One possibility for that to happen is we lose all our gold

Despite the physical value of gold I think the store of gold as wealth may not be as secure as the store of bitcoin. Also travelling around with gold could be a bulky task. If more companies accept gold and bitcoin equally as means of exchange for goods and sevices, I bet bitcoin will usurp gold. You wouldn't have to travel to where a company is to get a commodity/service. Who doesn't want a smart and simple life?...lol.

nur rochid

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Quote from: waqasniaz007 on April 03, 2018, 12:14:01 PM

Gold is dug from the ground, forged in flames, and hurts like heck when you drop it on your foot. Bitcoin is purely digital and created by computers crunching complex equations, existing only in bits and bytes. Both are assets one is virtual and the second one is physical. But I think gold has edge over bitcoin.

it is true when viewed from the origin, but i think both have advantages and disadvantages of each. gold is safer for investment but profit is not as much as we invest btc, besides that gold risk is smaller

signaturecoin

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Both are good choices if you have plenty of money to invest but if you have limited investment and want some good profit in return, then obviously bitcoin outstands gold because of its volatile nature. Gold is very much stable and it provides profit not much often rather you need to wait too much from selling gold at high prices whereas bitcoin is often pumping and dumping, providing you with opportunities of selling it for profit.

markj113

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Gold back petrol Yuan coming.
https://www.silverdoctors.com/gold/gold-news/gold-convertible-yuan-denominated-oil-contract-says-it-all-china-no-longer-wants-to-pay-in-dollars/

"H.R.5404 - To define the dollar as a fixed weight of gold."
https://www.congress.gov/bill/115th-congress/house-bill/5404/actions?q={%22search%22:[%22gold%20dollar%22]}&r=1

Gold price is going one way, just wait for the price reset to kick in.

keyscore44

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For me bitcoin is better cause now you could hear lot of voices that gold is better but that is only cause people believe only in material things and bitcoin is to hard to understand for them, i would pick bitcoin cause i believe that in future that market will develop to higher level.

waqasniaz007

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Gold is dug from the ground, forged in flames, and hurts like heck when you drop it on your foot. Bitcoin is purely digital and created by computers crunching complex equations, existing only in bits and bytes. Both are assets one is virtual and the second one is physical. But I think gold has edge over bitcoin.

waywethe

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Quote from: zodiac3011 on December 16, 2015, 09:21:14 AM

Well in my opinion, bitcoin will never be equal to gold because gold has physical value and represents for the whole economy while bitcoin is just numbers. One possibility for that to happen is we lose all our gold

same opinion with you. But if there is a case that is the price of Bitcoin stable like gold, then I think gold and Bitcoin are the same. But I still think gold is better at this point. Gold hold is a good choice

wareen

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Quote from: Joriecoinbit on March 29, 2018, 11:08:46 PM

Quote from: Birin016 on March 29, 2018, 10:07:15 PM

In my opinion, both are very profitables, because both of them are valuable and have the most promising potential. Gold is always trusted by people and it will never lose its value, and its price keep growing slowly. BTC however is increasing fastly and expected to become a lot more expensive in the future.

It is indeed that both are profitable. However, holding gold is more safer or you'll feel secured than holding bitcoin. Although bitcoin will definitely let you earn huge profit, it can also make huge profit loss in a short period of time.

Gold may not let you earn huge profit like how bitcoin can, but it can guarantee you that you'll going to earn profit as time goes by. If you have enough funds, it is much better to hold both. But if none, I would rather hold gold for long time investment and bitcoin for a short time investment.

Actually I am holding both for the future. Honestly, I do not trust FIAT. I can not put all trust in the value of FIAT I am using everyday. However, I can not stop to use FIAT and replace it by cryptocurrency or gold. Therefore, I spilit my 80% funds to 6:4 (Bitcoin 6 : Gold 4) to save my money for the future.

srmecdes

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Gold can give us benefit but it can be max %20 for yearly.
But if you invest bitcoin, probably you can take %20 benefit for monthly.

m4nin

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Quote from: helloeverybody on December 16, 2015, 08:26:32 AM

Does anyone have any idea how many people are using gold as a store of value vs btc? And how long do you think until we have the same user Base as holders of gold?

To keep money in gold is more reliable and stable.

Joriecoinbit

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Quote from: Birin016 on March 29, 2018, 10:07:15 PM

In my opinion, both are very profitables, because both of them are valuable and have the most promising potential. Gold is always trusted by people and it will never lose its value, and its price keep growing slowly. BTC however is increasing fastly and expected to become a lot more expensive in the future.

It is indeed that both are profitable. However, holding gold is more safer or you'll feel secured than holding bitcoin. Although bitcoin will definitely let you earn huge profit, it can also make huge profit loss in a short period of time.

Gold may not let you earn huge profit like how bitcoin can, but it can guarantee you that you'll going to earn profit as time goes by. If you have enough funds, it is much better to hold both. But if none, I would rather hold gold for long time investment and bitcoin for a short time investment.

Birin016

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In my opinion, both are very profitables, because both of them are valuable and have the most promising potential. Gold is always trusted by people and it will never lose its value, and its price keep growing slowly. BTC however is increasing fastly and expected to become a lot more expensive in the future.

kolbalish

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In my opinion, both Btc and gold should be hold.The price of gold is always increasing but it's price is stable for some time.Because it's involved in economics.Similarly,the value of Btc is also very good.Price will also increase as soon as it's usage eligibility increases.So, it's better to hold Btc.

atomicgroup

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The two has one or two benefits where they are better. Though, holding Gold makes your mind be at rest unless where theft or robbery is involved unlike Bitcoin where Inevitability may make you loose your coin if care and caution is not applied when necessary. Also, we can testify to the fact that Bitcoin can ten times be higher than Gold when stored for a longer term basis when its volatility falls on high price tendency rate.

Sled

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Quote from: goldcoinminer on March 27, 2018, 11:31:12 PM

Quote from: Lyne01 on March 27, 2018, 06:46:42 PM

Quote from: helloeverybody on December 16, 2015, 08:26:32 AM

Does anyone have any idea how many people are using gold as a store of value vs btc? And how long do you think until we have the same user Base as holders of gold?

There are larger numbers of people using gold than using bitcoin. Gold is worldwide accepted asset and investment while bitcoin, there are people and countries resisting about it. These two also have different line of view so there will be no chance of having the same number of holders.

Bitcoin is different, even if it's gonna be popular, not all people are gonna use bitcoin since it's complicated
for those who no knowledge about digital currency, now even those people who are living in mountains knows about gold and understands its value.

We are in the revolution phase where the things will evolve or will improve in the future and that will happen for sure so if bitcoin will become popular then all of the people will know about it because they will probably hear about it and if they will got curious then there will be a lot of people that will explain it to them and help them to get in touch with bitcoin.

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