Holdings of gold vs Holdings of btc - page 29.

Sled

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Bitcoin- in bullish time

Quote from: STT on October 06, 2017, 08:48:30 PM

Quote from: ?? on ??

I made alot profit from investing in btc. And feel that my money is really working. While in gold, i have to wait for years just to get a decent profit.

Gold has lower volatility, it qualifies more as savings then speculation that bitcoin gains as a new product. There is a lower chance of loss with gold as well its likely lower gains in growth.

Right now gold has a trend lower, I think possibly it will reach the July lows and then it might be better time to speculate on a rising price. A greater amount of return is obtained by investing in secondary companies to the basic commodity like mining firms, effectively their costs are fixed and the margin profit on gold means the returns are leveraged. This means the returns can be exponential not linear and impressive similar to how bitcoin moves. Gold doesnt have to be boring, hope people realise this

Gold is not a boring investment, it is just up to the people on how they are going to treat and imagine the type of investment. If they don't have a clear knowledge about the investment then they should not judge it and they should study it first because in fact, gold is a good investment for long term because of the low volatility and good stability on the price so it is great investment for the people who want an investment but also want an almost safe type of investment.

STT

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Quote from: ?? on ??

I made alot profit from investing in btc. And feel that my money is really working. While in gold, i have to wait for years just to get a decent profit.

Gold has lower volatility, it qualifies more as savings then speculation that bitcoin gains as a new product. There is a lower chance of loss with gold as well its likely lower gains in growth.

Right now gold has a trend lower, I think possibly it will reach the July lows and then it might be better time to speculate on a rising price. A greater amount of return is obtained by investing in secondary companies to the basic commodity like mining firms, effectively their costs are fixed and the margin profit on gold means the returns are leveraged. This means the returns can be exponential not linear and impressive similar to how bitcoin moves. Gold doesnt have to be boring, hope people realise this

nesty

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Quote from: helloeverybody on December 16, 2015, 09:26:32 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?

Both are worth holding for the only difference is that gold is physically can be hold and sell and buy and can even make jewelry out of it while bitcoin is a digital currency whose value continue to increase as day goes by but it is hard to compare both because they are different.

ValyLupy

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to keep money in gold is more reliable and stable. Roll Eyes

majeed

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Damn

Quote from: ?? on ??

I made alot profit from investing in btc. And feel that my money is really working. While in gold, i have to wait for years just to get a decent profit.

holding bitcoin is always better than holding gold. The result is clear. There are many people are rich thanks to bitcoin and the cryptocurrency

reliable

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Quote from: ?? on ??

I made alot profit from investing in btc. And feel that my money is really working. While in gold, i have to wait for years just to get a decent profit.

Volatility is so high in btc that making money or losing it is very quick. It can make it or break it investing in btc as the price varies very quickly . While gold is the more stable commodity which rises but slowly and steadily . Also bitcoin is virtual and gold is physical . Now many people are moving from gold to btc for investment purpose.

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Quote from: helloeverybody on December 16, 2015, 09:26:32 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?

Gold is seen as an investment for centuries and almost everyone everywhere in this world is willing to invest in gold. Gold is the most popular investment in the whole world hence holdings of gold are far more safe and far more stable than holdings of Bitcoins.
On the other hand, Bitcoin is not that popular and its acceptance is limited to only few people but holdings of Bitcoin have a very high rate of growth as compared to holdings of gold.
Therefore, you should hold both of them to make a well balanced portfolio for better profits.

Rojectime

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Gold market is a whole lot more mature than bitcoin so there is no doubt there are a lot more holders of gold than bitcoin, bitcoin is anything that is utilized by people that are a lot more technological inclined and we have a tendency to be younger since you need to know about engineering to understand bitcoin.

bitblackred

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Quote from: Gotumoot on October 04, 2017, 08:38:02 AM

Quote from: Blue_Tiger73 on December 16, 2015, 11:35:43 PM

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.

Holding of gold will be risky because the prices of gold decrease or increase in instant but bitcoins is not like that the price of bitcoins are just increasing not decreasing so if you want to increase your income than you should enter in the world of bitcoins.

inevertell

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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.

inevertell

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It was a great saying that time is money. And those people in the world who have tricks to manage their time they will never fail or face difficulty in their future. So if you are a good manager of time then off course you will be a good manager of money too.

Altas

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Quote from: konco_kenthel on October 05, 2017, 03:14:06 AM

Quote from: helloeverybody on December 16, 2015, 09:26:32 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?

I myself also do not know very well the number of people who depend on gold as income every month but if you want to run it must have a very qualified science and also takes too long so the results can satisfy its users in the future.

Very few number of people make a good earning through gold, but these people have large volumes of gold without which profiting is impossible. Also gold has been given importance as a storage reserve which gives the security for the holdings with less profits. With bitcoin its directly opposite, the risk is high, to which the profiting is much bigger depending on the capital.

ThunderCatSteve

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Quote from: ronafurw on October 02, 2017, 06:25:41 AM

Quote from: fredo123 on September 14, 2017, 10:51:37 AM

Quote from: bitbunnny on September 14, 2017, 08:39:34 AM

Quote from: JuanSanchezzz on September 14, 2017, 08:20:32 AM

I would always choose to hold gold instead of bitcoin. Gold's value is and always will increase, slowly but steadily. Bitcoin values is fluctuating.

I can't agree fully. Gold always had a value, since there was human kind, but it's not true that price of the gold is always increasing. It has its ups and downs like every other good and I remember some time about two years ago when gold price was realy down.
My choice is Bitcoin because I find it more profitable and more convenient but I admit it's risky choice.

Yup my choice is also Bitcoin for some certain reason like decentralized, more convenient to hold, and much profitable if you are smart enough to analyze the trend and its value before you sell. Possessing Gold could be easily robbed by somebody planning for bad intentions, and its value took more years to yield good interest.

There is much more security keeping gold. However, bitcoin will definitely give much more value from what we have seen so far in ROI than gold if compared as investment.

I still believe over time the security of bitcoin will increase when there is so much huge support for it and people already believe in the difference it is here to make. I for one would not want the death of bitcoin as much as any other investor out there and the only way to do that is to stand as a community and keep the movement going on. With our bitcoin, we will consider later maybe to just get some little gold for ourselves or not if it is worth it.

BigTeeths

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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.

konco_kenthel

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Quote from: helloeverybody on December 16, 2015, 09:26:32 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?

I myself also do not know very well the number of people who depend on gold as income every month but if you want to run it must have a very qualified science and also takes too long so the results can satisfy its users in the future.

lordquanta

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Quote from: Gotumoot on October 04, 2017, 08:38:02 AM

Quote from: Blue_Tiger73 on December 16, 2015, 11:35:43 PM

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.

Bitcoin started in 2009. Gold is good or the only thing which will hold the value correctly. Appreciation rate of gold is low. However in long term it has proven itself worthy of greatest value holder. Gold has best liquidity on planet earth. Thus danger of robbery is there. All most all countries and all most all people recognize the gold as trusted source. For me gold serves the purpose of anchor of ship. Just like anchor gives the stability to the ship, gold gives stability to the value stored in it.
Bitcoin is investment with great volatile nature. Thus great risk yielding greatest benefit. Till now this market is not seen its potential realization. There are lot of scope for the improvements. Its only nine years since this revolution has started. In long run anyone joining at this stage could become early adopters and rip greatest benefits. or simply get the fingers burnt a bit.
Bitcoin is like that roller coaster ride and it has proven itself over the period of time.

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Quote from: pugman on October 05, 2017, 01:41:48 AM

The total gold that has been mined till now and that's is circulation is 7 Trillion $. And the current bitcoin's total cap is worth around 70 Billion $ ,well that's a huge difference and it will for sure take a few decades at least for bitcoin to reach 1 Trillion $,but it's not impossible for bitcoin to surpass gold's capital, it's a long journey for it to happen, and a lot of barriers in between which makes it harder and longer for bitcoin to cross gold.

Agree it won't be long bitcoin can surpass that 7 trillion as we can see bitcoin is just new but it already have 70 billion cap while gold has been around long before paper money exist so its not impossible for bitcoin to reach that amount.

pugman

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The total gold that has been mined till now and that's is circulation is 7 Trillion $. And the current bitcoin's total cap is worth around 70 Billion $ ,well that's a huge difference and it will for sure take a few decades at least for bitcoin to reach 1 Trillion $,but it's not impossible for bitcoin to surpass gold's capital, it's a long journey for it to happen, and a lot of barriers in between which makes it harder and longer for bitcoin to cross gold.

STT

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Gold is not even an investment, it is just a metal used for being so inert and rare that its value lasts for centuries. This is why countries collect it as reserve of value to trade with, its been this way for longer then we, our parents or grandparents can remember. Recently and by recent I mean 1970's onwards, gold has become secondary to FIAT or paper money, this is a short term trend and will revert most likely as every major government fails to handle its debt correctly.

That adjustment for Gold from undervalue to long term neutral inert value will cause a rise in price. None of this makes it an investment as the gold itself has no change only we will see dollar fail to hold its value in comparison. Call it speculation or whatever but a metal can return no annual revenue or profits. Bitcoin even does not do this but businesses attached to either may perform as an investment. Good luck to us all in our endeavours for financial integrity

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Quote from: brushtooth on October 04, 2017, 12:27:09 PM

Gold is not a traditional currency and would not be accepted as a means of payment, it is used as a store of value. Bitcoin is meant to be a currency and therefore they are entirely different in that sense. I think eventually holdings of btc will outweigh gold but for now they are not even close.

Before bitcoin was invented gold was the best investment but when it began to become popular and there are people who are really making money
on it some big investors are jumping on it as it has a great future and their money can increase into a substantial amount based on the history or trend.

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