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Topic: Holdings of gold vs Holdings of btc - page 21. (Read 62794 times)

legendary
Activity: 1428
Merit: 1000
November 08, 2017, 01:04:00 PM
Gold is an trusted reserve, bitcoin haven't gained the similar trust same as gold. This takes time as bitcoin is very young compared to the gold which has made a big history with its materialistic property and its importance of being a reserve for all sort of economy based factors starting from printing of currency to the lending and investment.
Yes the gold is the oldest asset for investment. If any governament wants to print some worth of currency first, they must deposit the same worth of gold this is the rule. But bitcoin is now growing currency it as a good value but still want to gain more trust from investors.
full member
Activity: 296
Merit: 100
November 08, 2017, 12:48:55 PM
Gold is an trusted reserve, bitcoin haven't gained the similar trust same as gold. This takes time as bitcoin is very young compared to the gold which has made a big history with its materialistic property and its importance of being a reserve for all sort of economy based factors starting from printing of currency to the lending and investment.
newbie
Activity: 53
Merit: 0
November 08, 2017, 12:34:36 PM
Why do you even now question the gold? When there is an offer you which mentioned a much better expense than gold, of system that it is only momentary. Where ever, whenever and nonetheless the gold will be approved anybody.
Aba
full member
Activity: 431
Merit: 100
November 07, 2017, 01:11:06 PM
Many people are investing in bitoin rather than gold, because of the increase in bitcoin price over time I think it's a reference for people to invest in bicoin, with the support of a very significant amount of bitcoin enthusiasts making the volume of demand increasing so that prices are higher, of course this factor that can make bitcoin very feasible to be made as an investment rather than gold
newbie
Activity: 4
Merit: 0
November 07, 2017, 11:10:57 AM
It is really weird but bitcoin is worth more than gold because with bitcoin you can buy so many things online but with gold you can't really go to a shop and say here is some gold get me some water. because bitcoin is a unstable currency it is better.
full member
Activity: 336
Merit: 100
Next Generation Antivirus
November 07, 2017, 11:10:04 AM
hold your bitcoin now maybe next year bitcoin can be up to 50.000 USD / Bitcoin so do not sell your bitcoin with current price is only my estimation only. then it's up to you
full member
Activity: 340
Merit: 100
November 07, 2017, 10:43:55 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
I do prefer holdings of bitcoin than holdings of gold. Although both of it has a value and price. I most prefer bitcoins because i think bitcoin has higher value ang more popular to use as of now. Because bitcoin making noise worldwide because of its features especially the payment system.
member
Activity: 303
Merit: 43
November 07, 2017, 03:56:56 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 a lot of people are holding bitcoin compared to the number of people holding gold. Bitcoin is more profitable compared to gold because bitcoin price is volatile which means it can multiply in just a short span of time.

There are way less people holding bitcoin than people who hold gold. It will take a bit more time to reach the number of gold investors, but it will for sure happen.
sr. member
Activity: 700
Merit: 254
November 07, 2017, 03:19:03 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 a lot of people are holding bitcoin compared to the number of people holding gold. Bitcoin is more profitable compared to gold because bitcoin price is volatile which means it can multiply in just a short span of time.
member
Activity: 84
Merit: 10
November 07, 2017, 03:13:06 AM
Most folks always believe in what they have and can maintain, BTC tale to most men and women is virtual and they find it challenging to feel the story, but for me I will go for BTC since the likely is enormous unlike GOld that the price manipulation is killing the cost.
newbie
Activity: 4
Merit: 0
November 06, 2017, 10:58:49 PM
Precious metal has value what ever state the planet is within.  Btc requires a heck of a lot of facilities to even can be found.  Arrive the impending zombie apocalypse, I understand where I am keeping my money.
newbie
Activity: 4
Merit: 0
November 06, 2017, 06:34:53 PM
Many people around the globe use bitcoin not as a currency, but as an investment while precious metal is being used for thousands of years like a forex and of course to keep the value of their property. For us to achieve the same users list of gold, it could take 100 years or more perhaps it will not occur forever because even when many trust bitcoin around the globe, most of the planet's population don't know it and do not trust it however.
full member
Activity: 196
Merit: 100
November 06, 2017, 05:36:52 PM
They said that bitcoin is the new gold. So I'd rather be holding bitcoin. Bitcoin is also a big advantage because bitcoin value is rapidly increased, and bitcoin is still very volatile .And aside from that bitcoin is a very good investment. But at the same time gold is safer that bitcoin because of its liquidity.
That volatility is an advantage as well mate, you won't know when its value go dip it might someday or suddenly when you woke up its value become $1 but of course it is impossible at this point in time but stability is the edge of gold over bitcoin. but yeah holding bitcoin can give more gains than gold i believe.
newbie
Activity: 3
Merit: 0
November 06, 2017, 05:34:32 PM
if you want a lot revenue i giving guidance to keeping bitcoin but have a high danger can be compared with what you get. holdings precious metal only keep your money most people says precious metal not make you rick but keep you rich, gold not high-risk manages to lose of value
newbie
Activity: 72
Merit: 0
November 04, 2017, 03:27:24 AM
i think much better scenario would be store bitcoin not gold.
sr. member
Activity: 889
Merit: 253
November 04, 2017, 12:55:06 AM
according to my opinion holding bitcoin is more and more profitable than holding gold. in previous era people will hold gold for a time and whenever they judge that now gold price is increase then they sale and earned profit in this way but as compare to gold rate of bitcoin is very high and the price is varying and mostly price is increasing so if you hold bitcoin then you can earn enough profit in future by selling your bitcoin.
Same as you I am also in the favor o the bitcoin because it is very easy to make the money in the bitcoin and the other beset thing is the bitcoin price and the profit so hold the bitcoin and it is the easy way to make the money and to have the future in the bitcoin a lot of the people are still trusting the bitcoin currency because they are aware of the price and the value difference so for me as well the bitcoin is the best option.
sr. member
Activity: 382
Merit: 250
November 03, 2017, 04:27:39 PM
almost the average person chooses bitcoin due. value of the bitcoin itself.
while gold, this can be used as jewelry and materials / goods for the investment.
yes, it never hurts to be able to make some money easily if kiya able to become a person who can maximize the opportunities
Actually both are good safe haven, the difference is only the movement price. Gold is much more stable than bitcoin, the increasing price is only about 15 % every years. People who always can buy bitcoin at the low price will get maximum profit from it's volatility.
Exactly you can’t make one better than other. Everyone has its own specialty in one field. Like people often complaint about bitcoin as a non-stable currency while gold is better in this regard. But when you come to the profit ratio, then bitcoin is at number one.

So both are better in their own respective but yes surely as we here talk more about profits, then bitcoin has more influence.
As long as Bitcoin can provides us more profitable than Gold, you can say Bitcoin is better than Gold for investment. Gold can use for saving money in long time, but it can not compete to the volatility or the value of Bitcoin.
full member
Activity: 845
Merit: 100
November 02, 2017, 10:31:18 AM
I think holding bitcoin is more profitable, no doubt that bitcoin holding is very profitable than holding gold, now bitcoin holders can earn profits up to tens of percent a day or even less.
hero member
Activity: 2548
Merit: 605
November 02, 2017, 08:14:55 AM
almost the average person chooses bitcoin due. value of the bitcoin itself.
while gold, this can be used as jewelry and materials / goods for the investment.
yes, it never hurts to be able to make some money easily if kiya able to become a person who can maximize the opportunities
Actually both are good safe haven, the difference is only the movement price. Gold is much more stable than bitcoin, the increasing price is only about 15 % every years. People who always can buy bitcoin at the low price will get maximum profit from it's volatility.
Exactly you can’t make one better than other. Everyone has its own specialty in one field. Like people often complaint about bitcoin as a non-stable currency while gold is better in this regard. But when you come to the profit ratio, then bitcoin is at number one.

So both are better in their own respective but yes surely as we here talk more about profits, then bitcoin has more influence.
full member
Activity: 280
Merit: 102
November 01, 2017, 09:02:40 PM
They said that bitcoin is the new gold. So I'd rather be holding bitcoin. Bitcoin is also a big advantage because bitcoin value is rapidly increased, and bitcoin is still very volatile .And aside from that bitcoin is a very good investment. But at the same time gold is safer that bitcoin because of its liquidity.
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