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Topic: Holdings of gold vs Holdings of btc - page 11. (Read 62760 times)

member
Activity: 224
Merit: 11
December 23, 2017, 10:34:59 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 bitcoin,  because bitcoin is the new promising currency in next year,  and we hope that it will be all legal to used in easy way.  Because bitxoin is life,  all is not complete without bitcoin.. 
full member
Activity: 201
Merit: 100
December 23, 2017, 10:04:39 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?
I think statisticians know it because they maybe knowing what part of the total population of the people in every country or states are using bitcoin and holding it and also the number of population who still holds gold at this time. No one will surely know or guess when will be the time that bitcoin users will be same as the number of gold holders. But the only assurance is there are still numerous population of people who still uses gold and at the same time uses bitcoin accordingly.
sr. member
Activity: 952
Merit: 274
December 23, 2017, 09:56:07 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?
For me, holding bitcoin is better and more profitable than holding gold. If you want big amount of profit, you should invest your money in bitcoin. Bitcoin can really help you to double your money.
jr. member
Activity: 45
Merit: 1
A New Era in Genomics
December 23, 2017, 09:47:55 AM
20% Gold 80% btc
newbie
Activity: 14
Merit: 0
December 23, 2017, 07:58:15 AM
Gold has long been there and before Bitcoin exist gold is a good place to invest money. Many people also use Gold as jewelry. But from both i just prefer to holding Bitcoin, Bitcoin now is not like before. We can easy make profit by trading Bitcoin because the price movement will likely continue to rise.
Every person has his own mind choice but according to my choice holding of bitcoin is so better than holding of gold and the reasons are
Working with bitcoin is easy as compare to gold
Working with bitcoin is secure than gold
Working with bitcoin can give you enough profit then gold.

Bitcoin is better than anything else and will give you high benefit for today and tomorrow a lot of people are in favor of bitcoin now. It is just because gold is not easy to hold for long time and will not give benefit as well, for me also bitcoin is better than gold because it is easy to invest and save high profit for you till now. Bitcoin has wallets and not able to get hack because of high security and safe investment.
member
Activity: 253
Merit: 10
Rolling in the Deep
December 23, 2017, 06:47:48 AM
A lot of people selling their gold to buy Bitcoin now, this is a really good idea, in a certain of way let's say, we are making this world better with Crypto currency!
full member
Activity: 406
Merit: 117
December 23, 2017, 06:42:38 AM
Holding gold for me it very risky because we should store it in the safe place, a place that you are the only one knows about it. Holding Bitcoin for me leisurely because their lot of wallets that can we use to store the bitcoin and the security is very strictly. For me, I choose to hold bitcoin more than gold because bitcoin is a faster investment more than the gold.
STT
legendary
Activity: 4004
Merit: 1428
Catalog Websites
December 22, 2017, 02:12:58 PM
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 BTC all the way, GOLD is the old fashioned.
BTC is the new gold.

Gold has been a store of value since before the ancient Egyptian empire thousands of years ago.    So as far as users go, there isnt a more widespread currency however Dollar has established itself to a greater revenue usage thanks to political influence through the world as a superpower and previously a large exporter.

To say gold is old fashioned is like saying water is out of fashion or anything elemental, Im sure there are nicer drinks then water but essentially we all have a need for the base fulfilment that water gives.   We have many different currencies for a variety of uses and demands but essentially the base unending store of value lies with gold.

Even in the last few decades gold is still being exchanged as value and stored by central banks for a solid asset not prone to revaluation or threat like paper notes or bonds of debt can be.   For Bitcoin to replace something that has lasted millennia is going to take far more then the current price rise.

 I estimate Bitcoin will be for transactions, a very fast settlement form of cash.   It currently needs alot of work to even achieve that much.    I dont expect it to rival Gold in its userbase because crypto in general is just one of many ways to pay for items.
full member
Activity: 231
Merit: 100
December 22, 2017, 10:35:16 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?
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there are a lot of disadvantages and advantages to both sides. gold is widely accepted in all country and its value never decreases while bitcoin values decreases in some time and increases at the other times. bitcoin however will provide a higher profit.
full member
Activity: 243
Merit: 101
December 22, 2017, 08:43:26 AM
I think holding of gold still has some advantage over Bitcoin.
It is important to note that Gold has demonstrated reliability. Civilizations have traded Gold since roughly 600 B.C. and it continues to be used by dealers and investors with great enthusiasm today. Gold is also sure to never lose its intrinsic value as a Precious Metal with numerous practical applications.while Bitcoin is crowdsourced, its value is dependent on community participation. Bitcoin benefited from an enthusiastic base of developers and investors. Its popularity has inreased tremendously in 2017 .
Yes this is right. Whenever we need money we can get it out and use while in the gold, there is a long process and you have to undergo that one so that you can have money with you and you can use it against any need. Gold is better too as it is stable and it gives you big amount as result but still bitcoins are fast and more profit generating source and this dominates over all aspects of gold.
full member
Activity: 196
Merit: 100
December 22, 2017, 06:34:23 AM
I preferred to btc because i already witnessed how bitcoins  change my life and my career. This method is very smart to invest because in just a very short moment, it fluctuates rapidly upward. This is very serious thing especially when you earn much profit from it:)
full member
Activity: 350
Merit: 109
December 22, 2017, 06:20:06 AM
In my opinions, bitcoin will never compare to the gold because they have a lot of different gold have a physical value. Most of the people  invest in the bitcoin because they can get in easy and there more way to earn on that things. The price of the gold now drops $45 per kilo.
sr. member
Activity: 2618
Merit: 335
December 22, 2017, 04:26:00 AM
In my opinion, obviously btc has a high value but it could not compare to gold. Gold has a stable and high value it couldn't change the fact that gold is part of our generation thats why for me I would like to hold gold.

They say btc is much better to hold, yes its true because btc has a double value than gold but we dont know if btc will be forever but bitcoin will be forever.
If we observe the market value of both the bitcoin as well as gold since last two or three years, the we’ll hardly observe any difference in the market value of gold but when it comes to bitcoin., then a huge difference in the market value can be seen. I am in very much favor of holding of bitcoin as compared to holding of anything else as holding of bitcoin can make you much wealthy.
member
Activity: 170
Merit: 10
December 22, 2017, 03:49:43 AM
Looking at the catastrophic drop of bitcoin, I understand that gold or dollars are better than the cryptocurrency. You can not invest all money in one thing, you need to diversify your investments.
newbie
Activity: 29
Merit: 0
December 22, 2017, 03:15:37 AM
I think, that Bitcoin is more volatile compared to gold. And moreover it’s much easier to get cash for gold than cash for Bitcoin.

For me gold is still a winner. If Bitcoin can prove its value, however, gold may have a real competitor for the safe-haven asset of choice.
jr. member
Activity: 55
Merit: 10
December 22, 2017, 02:51:43 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 BTC all the way, GOLD is the old fashioned.
BTC is the new gold.
hero member
Activity: 2828
Merit: 611
December 22, 2017, 02:50:50 AM
I think holding of gold still has some advantage over Bitcoin.
It is important to note that Gold has demonstrated reliability. Civilizations have traded Gold since roughly 600 B.C. and it continues to be used by dealers and investors with great enthusiasm today. Gold is also sure to never lose its intrinsic value as a Precious Metal with numerous practical applications.while Bitcoin is crowdsourced, its value is dependent on community participation. Bitcoin benefited from an enthusiastic base of developers and investors. Its popularity has inreased tremendously in 2017 .
It all depends on the person himself like the way he thinks and plan the things. For me, holding of gold is of no use as this will not help me earn even 5% profit even after 10 years.

The market value of gold is very much stable in nature and there is no significant change in its market value since a long time. however, holding of bitcoin can really be very much helpful in having some handsome amount of profit after some period.

full member
Activity: 322
Merit: 103
December 22, 2017, 12:44:54 AM
well it depends on how and until when are you going to hold it right now holding bitcoin is better than holding gold just be alert in some changes in the crypto currency world because its very volatile you can take advantage or it can take advantage of you
full member
Activity: 308
Merit: 100
December 21, 2017, 06:42:58 PM
well if the data that you asked about comparation amount for bitcoin holder and gold holder, i don't know. but, in my country there's still much percentage of people that tend to buy gold like necklace or ring than knowing about bitcoin itself. maybe in 5 or 10 more years that bitcoin will be in used by average people on earth  Smiley
full member
Activity: 490
Merit: 107
December 21, 2017, 06:33:46 PM
now that bitcoin is more profitable than holding gold. bitcoin prices exceed the gold price. because bitcoin prices are more volatile than gold. gold is more stable than bitcoin so it increases slightly compared with bitcoin.
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