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 can say that holding bitcoin is more profitable than holding gold. There are many comparisons in Internet that says holding bitcoin is better than holding gold. 
Topic: Holdings of gold vs Holdings of btc - page 24. (Read 62760 times)
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 the country that has been spending a fortune on gold lately is Russia I read article somewhere that the president has been buying and storing tonnes of gold bars over the year although I do not know what its meant to do. Maybe staboilize the rubles against the dollar since the price of one ruble to dollar is kinda high
The Russian government sometimes makes very unpredictable actions. If bitcoin was legalized in Russia, maybe the government did not buy gold bars. I prefer to keep my capital in bitcoins, because it is much more profitable than gold
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 the country that has been spending a fortune on gold lately is Russia I read article somewhere that the president has been buying and storing tonnes of gold bars over the year although I do not know what its meant to do. Maybe staboilize the rubles against the dollar since the price of one ruble to dollar is kinda high
Holding golds is a bit risky because you should hold them physically somewhere and requires a safe place, but bitcoin is something "virtual" and it require just a pc or laptop.
Central Banks hold Gold and not bitcoin. BTC requires the internet and energy to be usable - Gold does not. That being said both have their pros and cons. So thus you should hold both. It would not be a good idea to hold all wealth in only BTC.
Bitcoin and gold has both different worlds so I also suggest that they hold whatever they think are reasonable for them. Gold is in the physical world while bitcoin lives in the digital world. I think choosing to invest on one of those is both risky but I think bitcoin will do good because we are living in the modern era.
1.) Holding of gold is very difficult like an holdap, lose or whatever,
2.) Holding of btc is more secure like username and password and access anywhere in the world, access online login and get it on a cash using money converter nationwide, thats the bitcoins more secure and easy to use.
and 3.) bitcoins is PERFECT.
2.) Holding of btc is more secure like username and password and access anywhere in the world, access online login and get it on a cash using money converter nationwide, thats the bitcoins more secure and easy to use.
and 3.) bitcoins is PERFECT.
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
Indeed, but every each of them has their own advantages like gold, gold represent the economy if ones country plus it is trusted because it is being used in any transaction for a long time by our ancestors up to us. But also bitcoin is good in earning of profit especially in online investment. Though it is not trusted because of being anonymous, but yet it has a advantages like it has a high voltality compared to gold. Besides I do believe that the more risky the more profit you will get.
Well, there are some difference between Gold and BTC. The most prominent thing is, price of gold is more stable. BTC getting more sensitive now. BTC price depend on news, hardfork, etc. But there is also advantage of bitcoin, their supply level is fixed and transparent
Honestly, I will holding those both.
Honestly, I will holding those both.
Holding gold is similar to BTC, but BTC is better because it has exactly 21 million BTC that there will ever be, but with gold we mine more and more each year.
That is why. If we take hold of gold, we will only be controlled by Central banks which certainly hold gold in large quantities. Whereas in bitcoin, no one controls because bitcoin is spread to various parties around the world with limited supply. Bitcoin is a more potential investment trend as money tree better than gold.
Central Banks hold Gold and not bitcoin. BTC requires the internet and energy to be usable - Gold does not. That being said both have their pros and cons. So thus you should hold both. It would not be a good idea to hold all wealth in only BTC.
Gold has always been people's favourite thing of investment and is known to everyone.But now people have started recognizing the value of bitcoins.In my opinion investing in bitcoins would be better as it is volatile and is really profitable for long time investments,even though it carries a bit risk with it.But the risk is worth taking.The value of gold is more stable and rises much less in comparison to the growth in the value of bitcoins each year.
Certainly gold has been known for a very long time, it is considered as a safe asset and apparently, you can still make use of it for other things while you bank on the value in the long run. Hence it will still remain a favorite one way or the other. However, with the value of bitcoin and the benefit it has brought, knowing that it is still early and there is more chance for it to grow, investors have really started shifting their attentions and before you know it, BOOM! 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?
In my idea about this thing, Gold was being here for so many years in fact, its already an ancients Gold was physically can be touch while bitcoin is not but there are both volatile were as time goes by the value can be higher or lower. But bitcoin is much more aggressive in terms of volatility compare to Gold that's why it surpassed gold a couple of months ago.
well actually they are like the same but we see the gold physically but bitcoin is a software gold, the money of the internet they are like having similarities but the main difference of the bitcoin into gold is the price. i am preferred to hold some btc's because it is rising today.
For me, gold is like bitcoin. The value of it gets higher through the day passed by. They are almost the same but the difference is bitcoin is a digital currency and the gold is tangible.
For our generation we are getting a huge advantage.We can hold both gold and bitcoin and earn a huge amount of money from it.For me holding gold and holding btc is the same
Holding Gold is better than holding Bitcoin because physically we can do a lot of things with Gold from accessories to protection from aerospace (Infrared and heat) so gold will last for many many years until it is depleted. Bitcoin let's say is an internet currency and you can't hold it physically so if a war breaks out, Bitcoin will be useless in no time because you need internet to access it.
As an investor I want to have both gold and Bitcoin, since both are gaining value in time, the longer you invest in them, the more you can make profit, however if I were to choose which is the best investment among the two, it we don't have Bitcoin, I would go for gold, but since we have Bitcoin, I'll go for Bitcoin, though both Bitcoin and gold have the same traits when it comes to being an asset and as a currency, Bitcoin is still above gold, and now at the current time we have, we are already in the digital age, and information is precious, Bitcoin will surely be more valuable than gold, not because it is much easy to have, it is because is the future, and for sure, a lot of people will be into crypto currency and soon the generation after us, would more likely to have digital currency than Fiat. Gold was good back then, but Bitcoin had proven itself to be much more better investment.
When you look at the price of gold over very long stretches of time (decades, at least), the price change isn't so much that gold is getting more valuable but that it's remaining constant while the assets it is priced in (dollars, yen, euro) depreciate. There may be volatility in shorter time frames where profitable trading can be had, but longer time frames generally hold to this rule I think. It would be interesting to see if gold in 1900 in terms of purchasing power is really any more valuable than today, or if the price appreciation has merely tracked the devaluation of the dollar due to inflation.
If it has a chance to hold both I think it's a very good thing, because bitcoin and gold are very promising investment tools for the future, but if one of them, I think, bitcoin is better, because bitcoin has a flexible function, For investment, but also for busines. Holding bitcoin is the best it is a limited supply only so if many people will buy bitcoins the price of it will go up high more.
I think both the holding of gold and holding of bitcoin are equally profitable. However I believe the holding of gold to be less volatile and a safer overall investment do to it being a physical resource as mentioned earlier by many people in the thread.
I agree that they are both profitable but the question now is do we have the capacity to invest on both, if I have the capacity to do that then I will surely do because that's diversifying your investment, however I have to face the reality that for now all I can afford is to invest with bitcoin, I know it's quite risky but I would still gonna choose it because I'm a risk taker. 
As an investor I want to have both gold and Bitcoin, since both are gaining value in time, the longer you invest in them, the more you can make profit, however if I were to choose which is the best investment among the two, it we don't have Bitcoin, I would go for gold, but since we have Bitcoin, I'll go for Bitcoin, though both Bitcoin and gold have the same traits when it comes to being an asset and as a currency, Bitcoin is still above gold, and now at the current time we have, we are already in the digital age, and information is precious, Bitcoin will surely be more valuable than gold, not because it is much easy to have, it is because is the future, and for sure, a lot of people will be into crypto currency and soon the generation after us, would more likely to have digital currency than Fiat. Gold was good back then, but Bitcoin had proven itself to be much more better investment.
When you look at the price of gold over very long stretches of time (decades, at least), the price change isn't so much that gold is getting more valuable but that it's remaining constant while the assets it is priced in (dollars, yen, euro) depreciate. There may be volatility in shorter time frames where profitable trading can be had, but longer time frames generally hold to this rule I think. It would be interesting to see if gold in 1900 in terms of purchasing power is really any more valuable than today, or if the price appreciation has merely tracked the devaluation of the dollar due to inflation.
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