Topic: Holdings of gold vs Holdings of btc - page 3. (Read 62760 times)
Holdings of gold are much more stable than the holdings of bitcoins really so which is why people tend to lean towards investing in gold than investing in bitcoin because it's less of a rollercoaster with the prices when it comes to bitcoins and their money is potentially more safe in a stable market even if the percentage of ROI is much smaller.
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
bitcoin and gold are the means of payment. we can invest in them. but bitcoin is more suitable for investment. You should keep bitcoin as they will be more profitable
bitcoin is gold in a new era of global world so this will be a big change so people will switch to bitcoin and leave gold investment
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
bitcoin and gold are the means of payment. we can invest in them. but bitcoin is more suitable for investment. You should keep bitcoin as they will be more profitable
Holding of gold can make its value high for a long time but not that high that can make you rich unlike in btc. In btc, if the price is good and it's going higher and higher, holding a bitcoin will be a very good idea in investing.
Some people really do invest mainly in gold. Gold would never depreciate and its value would continually rise up. Plus it is marketable wherever you are in the world. Each countries ability to print my money is also determined if not affected by the number of their gold reserves. So gold is really the ultimate winner for holding and investing.
Invest gold is better than bitcoin.Gold holding is legalize every where in the world. Gold is real it has physical shape, it's value is increasing day by day though some times decrease but not large scale. On the other btc is a virtual coin and digital money but btc has strong potential, still, now many peoples invest in bitcoin and they make a large profit.
I agree! Gold is not increasing the value of Bitcoin, of course, everyone knows bitcoin is a big volatile market but in long-term bitcoin can give more money compared to gold because the supply of bitcoin is very limited.
Invest gold is better than bitcoin.Gold holding is legalize every where in the world. Gold is real it has physical shape, it's value is increasing day by day though some times decrease but not large scale. On the other btc is a virtual coin and digital money but btc has strong potential, still now many peoples invest into bitcoin and they make a large profit.
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 know bitcoin has defeated gold in terms of price but still I prefer holdings of gold over holdings of bitcoins. This is because firstly, gold is way more popular than bitcoin and gold has way more users than bitcoins. Gold is more trusted by people throughout the world whereas bitcoin is not trusted. Gold is a stable form of currency and its value does not fluctuate often whereas bitcoin is not a stable form of currency and it’s value keeps on fluctuating often.
Gold investment is legal in all countries and also rarely a significant price decline. That causes gold investment more secure (in terms of rising and falling prices) and accepted by all circles, meaning that the general public more accept the existence of gold. Whereas btc not all countries legalize and its fluctuation. It took a very long time to balance between gold and btc investment users.
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?
As far as i'm consern, you cannot compair bitcoin from gold.. Gold has a very high value in the market since then and a lot of source to get it... And definately a prefer holding gold for i can surely inherit it to my children and grand childern in time as well..
I will prefer Bitcoin because of the limited supply that bitcoin have it has only 21 million. Gold has a unlimited resources and it is purely mineable bitcoin has only have 6 million bitcoins to mine.
gold and bitcoin are different entity. Gold will alway be gold with a physical form. it also use as a jewelry in so many people. the value of gold varies every now and then depending on the market movement...
on the other hand, bitcoin is a cryptocurrency a digital money that has no form it uses the net connection to circulate... it has no other usage than money... i think its still a long way for bitcoin to even close to gold..
i will always prefer to hold gold than bitcoin...
people should use the bitcoin to circulate in the economy everyday because it is a currency... and a currency belongs to the people as a medium of their exchange.
on the other hand, bitcoin is a cryptocurrency a digital money that has no form it uses the net connection to circulate... it has no other usage than money... i think its still a long way for bitcoin to even close to gold..
i will always prefer to hold gold than bitcoin...
people should use the bitcoin to circulate in the economy everyday because it is a currency... and a currency belongs to the people as a medium of their exchange.
Holding gold isn't that profitable but much more safe than bitcoin. Bitcoin is better like investment but not that good as thing for saving your money.
For these two holdings of gold and bitcoin are of two different investments are good the advantage of gold is for investment of long time and be uses in time of crises in every country like war, calamity gold is a good medium of exchange, but for investment bitcoin is the preferrable to choose because it can generate great amount of profits compare to gold, so for now if i want to invest for my money , I will invest it to bitcoin
Bitcoin is already surpasses the price of gold that is why it is wise enough to hold bitcoin rather than gold but one thing we should considered that what ever happen gold is material thing you can hold it you keep it that is why stable investment, while Bitcoin is only a perception that you have currency in the cyber space anything happen to the system it will be gone by the win. that's why for investment you should use Bitcoin but for fixed asset you should use gold.
Holding of Bitcoin differs with the holding of gold because the value of bitcoin is higher than the value of coin and it is safer to hold than gold if you hold bitcoin for a long time you can have a bigger profit and it is safer to hold than gold.
When this question had been put to community the situation was a little different. I hope that dude made a right choice.
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?
Now this question makes absolutely no sense. Time has shown the complete failure of gold holding - it's time to draw conclusions.
Holding bitcoin is more value able than holding Gold because the value of bitcoin rising in faster way but gold value is considered to be stable due to its normal up & down. Bitcoin holding is more secure than holding Gold
Even though gold is very slow and just stable in moving up then it is still better for the people to invest to gold rather than bitcoin if they don't have knowledge yet about bitcoin so they will not get into trouble of investing since bitcoin is very high risk because of the volatility of its market that can make you broke in just a few weeks after you invest.
My stands for this is both, holding of gold and holding bitcoin. As gold is also used in many users until now and still being on top of any investment. Gold is the best and accepted worldwide. While in bitcoin is good as this is volatile price and for sure you can earn big profit for a long term.
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