Topic: Holdings of gold vs Holdings of btc - page 28. (Read 62794 times)
Gold has physical representation, you can hold it in your hand. With BTC you need the internet, no net means no access to it, also you need to keep your wallets up to date, otherwise after a dozen hardforks orso you'll end up with nothing and your BTCs will be lost in the winds of the internet.
People used in past gold for storing money and whenever they need money they will sale them but I think bitcoin is pretty better than gold because bitcoin is a digital currency you can store them in your wallet and whenever you want to you .than you can use them.
Gold was a better option for the people in past to store their money because of no banks or any other sources when bank was develop then people start saving in bank their money but with time new things are developing now bitcoins are developed which is more best than bank for saving and investing.
Personally I prefer holding bitcoin than holding gold because I see gold as a physical asset and in the process of saving it in a bank or financial institution will cost me some money either monthly or annually, but bitcoin is kept in an offline or online wallet without any external cost or charges.
Bitcoin is also more volatile than gold in term of price movement.
Bitcoin is also more volatile than gold in term of price movement.
Gold capacity is about 7.8 trillion and Bitcoin is 80 billions so the different is still huge and we can gather that the number of people who use bitcoin as a store value comparing to gold is very very low. The gold something unbelieveable stable, usefull and in contradistinction to bitcoin everyone would like to possess some gold.
According to http://onlygold.com/, the total value of gold based on actual spot price is $7,819,804,554,407
So yes, not only individuals, but most of the countries use gold as store of value.
And bitcoin market size is $81,237,924,896 which is still very small compare to the gold.
If BTC can reach 10% of gold value (x10 of today's BTC value), I will be very happy.
So yes, not only individuals, but most of the countries use gold as store of value.
And bitcoin market size is $81,237,924,896 which is still very small compare to the gold.
If BTC can reach 10% of gold value (x10 of today's BTC value), I will be very happy.
Gold has price whatever point out the world is in. Btc demands a heck of a great deal of infrastructure to even exist. Appear the impending zombie apocalypse, I know the place I am retaining my funds.
So you basically want to claim that gold is much better than bitcoin. I am sorry but I won’t agree with you. Gold has now become the commodity of past. People with old school of thoughts invest in gold for making money and storing their currency. Those who love technology and want to make more money are using bitcoin as an alternative of gold, so now bitcoin is a digital diamond.
I have not idea about Holding Gold. But I have the first-hand experience of holding Bitcoin. But I think so Bitcoin holding is more than profitable from Gold. Because gold price is stable. It not possible to increase gold price every day or anytime. But Bitcoin price can increase every day or anytime. That's why I appreciate holding Bitcoin for a long time.
holding gold will not give you a lot profit essentially gold is an investment that enables you to help save your funds remains protected (hold) if you want hold btc you must be ready to chance since bitcoin movement is affected by offer and demand from customers can give a profit and losses
I have no idea about that, But I think Holding Bitcoin is more profitable than Gold. Because the Gold price is stable and It's increasing slowly and cheaply. But Bitcoin price increasing rapidly and highly. If you hold some Bitcoin and the same amount of gold for a long time. So you can understand the difference.
For majority of us here we will always choose bitcoin, why? Because we are benefiting from it and we have not benefited in gold yet. I hear gold is more valuable to a majority of people in this world but the moment they will start earning bitcoin they will see the potential they can get in the future by just only holding bitcoins. In addition, the investment requirement is not really big so that gives the poor a chance to change their lives and improve.
Gold has price whatever point out the world is in. Btc demands a heck of a great deal of infrastructure to even exist. Appear the impending zombie apocalypse, I know the place I am retaining my funds.
I have no idea about that, But I think Holding Bitcoin is more profitable than Gold. Because the Gold price is stable and It's increasing slowly and cheaply. But Bitcoin price increasing rapidly and highly. If you hold some Bitcoin and the same amount of gold for a long time. So you can understand the difference.
Holding gold is an investment but gold have it's stable price and most of the time it will decrease and if ever it will increase it take more years not like in btc it keeps on increasing and the value is so big... But for me it is okay to hold both because the two are a a good investments..
Its always good to diversify our investments instead of depending only on single one as bitcoin will give you huge returns in quick time but there is also an risk of loosing money as you never know what will happen to its price in future on the other hand gold is stable and safe form of investment and it will surely give you good profits if you hold it for a long term.
Gold is considered as an investement by almost everyone everywhere in this world. It will never loose its value and it is one of safest investments available in the market.
Bitcoin on the other hand, is one the fastest growing investment of the world and high returns can be expected from Bitcoin within small periods of time.
Diversifying your investments can help you reduce risks of market and earn high returns
Holdings of btc. Bitcoin can surpass gold's current price as many times in the future. The future is all about advanced technology and bitcoin is really the perfect asset to hold.
Bitcoin is the only currency or investment at present that is most expensive in the market. Bitcoin has already beaten gold badly and surpassed bitcoin in prices couple of months back. Besides as you said, the world is going digital day by day and people are leaving conventional methods of making deals, doing transactions etc. I think we should not hold onto gold anymore, switch to bitcoin. Holding gold is an investment but gold have it's stable price and most of the time it will decrease and if ever it will increase it take more years not like in btc it keeps on increasing and the value is so big... But for me it is okay to hold both because the two are a a good investments..
Its always good to diversify our investments instead of depending only on single one as bitcoin will give you huge returns in quick time but there is also an risk of loosing money as you never know what will happen to its price in future on the other hand gold is stable and safe form of investment and it will surely give you good profits if you hold it for a long term.
Holding gold is an investment but gold have it's stable price and most of the time it will decrease and if ever it will increase it take more years not like in btc it keeps on increasing and the value is so big... But for me it is okay to hold both because the two are a a good investments..
Gold has been around for a long time so it has had time to make its mark on people. Bitcoin is "relatively" new compared to gold. Bitcoin is still trying to find its place in the world and that is why people have gold compared to Bitcoin.
Gold is traditional currency in the history it is use for trading goods and other materials. Gold is better than bitcoin, because gold exists in very long long time but coins exist year 2010 i think. The big difference is the price of bitcoin compare to gold. But gold has lot of resources compare to bitcoin.Gold too is a good investment, but it will not help you earn a very good amount of profit as the market price of gold is almost stable since long and is not increasing like the way Bitcoin market’s price is increasing. Bitcoin holds a very bright future and I will suggest you to go for holding of Bitcoin.
Most men and women often believe in what they have and can maintain, BTC tale to most men and women is digital and they discover it difficult to believe the tale, but for me I will go for BTC since the prospective is large unlike GOld that the price manipulation is killing the price tag.
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?
Both are worthy of holdings but i prefer holdings of gold in talking of convenient because it is physical and easy to sell or barter it. Gold can be use conveniently of all people in the world including children. In times of catastrophes like war we could easily rely on gold unlike bitcoin it will requires electricity and internet to use it plus not all people know how to use the digital technology.
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?
million years ago the Gold was actually popular, in fact many of those rich country their houses are made from gold. the deference between the gold and BTC in terms of holding of stock. actually BTC is not a real object it is Virtual currency not like a gold. both has a value of currency but
when the price Value will Fluctuated, the Gold price value is not so high but the BTC is almost 50% when the price is suddenly drop down and up. Hold BTC any as you can but bear in mine when you invest BTC just make sure you adopt risky when you Invest BTC.
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