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Topic: Holdings of gold vs Holdings of btc - page 32. (Read 62760 times)

full member
Activity: 419
Merit: 100
September 27, 2017, 03:42:12 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?
it is actually more advantageous to hold the bitcoin than to hold the gold, because the total gold supply is very abundant while the total supply bitcoin is very limited. that's what makes bitcoin fast rise in price than gold.
I will second your thought about bitcoins and gold. We all know that at present bitcoins are much better than gold as an investment. Many people are leaving gold and working hard to buy bitcoins or earn them for secure future which is not possible with gold. It is not just supply, many other factors also give bitcoins an edge over gold.
legendary
Activity: 1148
Merit: 1048
September 23, 2017, 12:52:57 PM
Bitcoin holders gain huge profits than gold. Because bitcoin is 'something' that has a drastic growth both in terms of users at once in terms of value. While in gold, its value runs very slowly.

its value runs slowly because these is a firm, established basis of valuation. we can all agree on how useful gold is, across the various disciplines that actually use gold as a material. bitcoin doesnt have any kind of basis at all, much yet a firm one. why is a bitcoin worth up to 5k USD? Nothing significant has changed about the protocol except a few more people have adopted, and there is more liquidity now. this volatility, while rewarding, is the reason why bitcoin is not more widely adopted. you cant store truly long term value in something like this; there is no stable promise of a future.
full member
Activity: 1442
Merit: 116
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
September 23, 2017, 12:47:25 PM
Bitcoin holders gain huge profits than gold. Because bitcoin is 'something' that has a drastic growth both in terms of users at once in terms of value. While in gold, its value runs very slowly.
legendary
Activity: 1428
Merit: 1000
September 23, 2017, 12:43:38 PM
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'd prefer to store bitcoin rather than gold. Yes bitcoin has a high value also but it is hard to earn. But in bitcoin it is easy to earn because it came from technology and it has a huge value also. Aside from that bitcoin is not hassle to store because if you want to exchange it you can exchange it through internet. But in gold, you need to find a shop or store to exchange your gold into money.

Gold is an asset if the value may go down, but we will have gold in our hand, and we can use it. But bitcoins are not like that it is a digital currency suppose if the bitcoin value come to zero then nothing will have in your hand. I know the bitcoin value will not go zero but just think about it. For me holding gold and bitcoin, both are different.
newbie
Activity: 56
Merit: 0
September 23, 2017, 11:30:18 AM
in reality, holding gold in a extremely extended time can make us much more worthwhile, and it is a sure expenditure. nevertheless, to make an investment decision, we must see our present problem. Well, if you actually want to invest in a extended time, gold could be the best option. but, if you happen to be often searching for new organizations, bitcoin is the proper choice, due to the fact bitcoin may possibly be a short-expression expense that is unbelievably advantageous.
sr. member
Activity: 364
Merit: 256
September 22, 2017, 11:04:53 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'd prefer to store bitcoin rather than gold. Yes bitcoin has a high value also but it is hard to earn. But in bitcoin it is easy to earn because it came from technology and it has a huge value also. Aside from that bitcoin is not hassle to store because if you want to exchange it you can exchange it through internet. But in gold you need to find a shop or store to exchange your gold into money.
hero member
Activity: 2520
Merit: 605
September 22, 2017, 10:13:58 AM

I am not sure how many of them are holding the gold or bitcoin but for me, I'm the one who falls in the category of people holding bitcoins. After long time I'm feeling very good about my investment as I have taken right decision to invest into bitcoin. I'm pretty sure that gold holders would be more than bitcoin because come on gold is traditional stuff and it is present there since thousands of years. So that's why gold holders will more. But in the current era people holding bitcoin will be more profitable than the gold people and that is the fact which is most considerable here. Why would bother about this question anyway as you are into bitcoin world now. Experience the hikes of bitcoin which are going on since it has been created. In the time to come bitcoin will be even more popular than gold as we think about this question who is holding more.
I am also the part of the people who supports bitcoin than gold. For me, the bitcoin nowadays is more valuable than gold. The bitcoin proving in the market that it is the best cryptocurrency.  I think bitcoin will become more popular than gold
Bitcoin is better than gold the price of gold is constant as compare to bitcoin which is multiplying with the investment and trading of the investors round the year so bitcoin is the best medium for enhancing your capital rather to spend it in gold.

There are various number of crypto currencies in the market but bitcoin has gained a distinguished position among other coins.
sr. member
Activity: 1036
Merit: 281
September 22, 2017, 07:23:46 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?
There are many people who saying that the bitcoin is more better than gold. They say the bitcoin is now stable than gold. The increased of the price of the bitcoin is more good than the gold.
legendary
Activity: 2926
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
September 22, 2017, 07:08:43 AM
Bitcoin literally is virtual gold. If you look into what Gold actually is and why it is so valuable and then compare it to Bitcoin, they are "virtually" Wink the same!
I think that bitcoin is just like gold in other elements but the only one different is that gold has a physical solid shape while bitcoin is a digital currency which has no physical shape although according to the requirement of the modern age bitcoin is the most beneficial currency where you become able to buy anything only online shopping.
full member
Activity: 504
Merit: 100
September 21, 2017, 08:00:45 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?
it is actually more advantageous to hold the bitcoin than to hold the gold, because the total gold supply is very abundant while the total supply bitcoin is very limited. that's what makes bitcoin fast rise in price than gold.
sr. member
Activity: 2198
Merit: 273
SecureShift.io | Crypto-Exchange
September 21, 2017, 07:56:01 AM
Both gold and bitcoins are great investment but there is difference in holding of gold than of bitcoins I think.Holding of gold is very low risk investment and gold's market is stable means there can be profit in later but it would be less if we compare to bitcoins.But holding of bitcoins has some risk investment as what would happen if other crypto currency came up better than bitcoins it would harm bitcoin's value.but profits in bitcoins can be huge as bitcoin's market is very volatile or unstable  which could cause sudden ups and downs.So each holdings have advantage and it's disadvantages.
Yes both are valuable assets for people. I think bitcoin is more valuable than gold for me. Because if I want more and more profit in short time then I should invest in bitcoin, and if I want to safe my savings then I would buy gold.

Gold is easily approachable and can be used more easily than bitcoin and also more reliable asset than bitcoin. But for different people both have different values.
What is more valuable to us is something where we put out money in, I'm pretty sure majority of us are not investing with gold so we have to defend bitcoin and support it. Bitcoin is new and experts are predicting that blockchain will be widely use in the future and bitcoin is blockchain as it originated that system, by putting our money now we can expect big return in years to come, better return than gold in terms of percentage of course.

I have sold gold assets only to bitcoin, this I do to get more capital and in the end there is an increase in asset levels, my bigger goals like land and house. Gold is too small when compared to bitcoin, I understand bitcoin is risky but that is not a reason as long as we can actively engage and understand all the news that is there every day
hero member
Activity: 3052
Merit: 606
September 21, 2017, 05:26:54 AM
Both gold and bitcoins are great investment but there is difference in holding of gold than of bitcoins I think.Holding of gold is very low risk investment and gold's market is stable means there can be profit in later but it would be less if we compare to bitcoins.But holding of bitcoins has some risk investment as what would happen if other crypto currency came up better than bitcoins it would harm bitcoin's value.but profits in bitcoins can be huge as bitcoin's market is very volatile or unstable  which could cause sudden ups and downs.So each holdings have advantage and it's disadvantages.
Yes both are valuable assets for people. I think bitcoin is more valuable than gold for me. Because if I want more and more profit in short time then I should invest in bitcoin, and if I want to safe my savings then I would buy gold.

Gold is easily approachable and can be used more easily than bitcoin and also more reliable asset than bitcoin. But for different people both have different values.
What is more valuable to us is something where we put out money in, I'm pretty sure majority of us are not investing with gold so we have to defend bitcoin and support it. Bitcoin is new and experts are predicting that blockchain will be widely use in the future and bitcoin is blockchain as it originated that system, by putting our money now we can expect big return in years to come, better return than gold in terms of percentage of course.
sr. member
Activity: 491
Merit: 250
September 21, 2017, 03:24:57 AM
Both gold and bitcoins are great investment but there is difference in holding of gold than of bitcoins I think.Holding of gold is very low risk investment and gold's market is stable means there can be profit in later but it would be less if we compare to bitcoins.But holding of bitcoins has some risk investment as what would happen if other crypto currency came up better than bitcoins it would harm bitcoin's value.but profits in bitcoins can be huge as bitcoin's market is very volatile or unstable  which could cause sudden ups and downs.So each holdings have advantage and it's disadvantages.
Yes both are valuable assets for people. I think bitcoin is more valuable than gold for me. Because if I want more and more profit in short time then I should invest in bitcoin, and if I want to safe my savings then I would buy gold.

Gold is easily approachable and can be used more easily than bitcoin and also more reliable asset than bitcoin. But for different people both have different values.
sr. member
Activity: 491
Merit: 250
September 21, 2017, 02:41:29 AM
well for me it is so better to have more bitcoins that gold, bitcoin is increasing its own price rapidly while the gold can't just increase its price because of the government that manipulate it, so better to have bitcoins than gold, hold bitcoin.
I agree with you gold is the one thing that price if even it will go high it wont go high as much as bitcoin you can check all the stats of gold and al the stats of bitcoin from the last 5 years to confirm what i am saying.
Now most of peoples have this thinking they want to hold bitcoin instead of Gold because they want some quick profit which is available only through bitcoin Gold price is stuck for some time and then give some reasonable profit but if you can keep eye on current rate then you can earn good profit from Bitcoin which is very useful for many peoples right now

People does not know about bitcoin cannot move to hold the bitcoin and all. There is little dump in the price chart you can utilize this situation and buy the bitcoin compare to savings you prefer in gold. That amount will be grows atleast 500$ more in the price chart. As I know bitcoin is best stock in the world to invest without any fear.
Yes you are right in your place, but I want to mention one thing here that business is always unstable. Growing and falling, up and down are the aspects of business. People start business for profit but some time due to anonymous circumstances they loss.

I also realize that gold has its own position in the market and which will never be replaced by anything but the topic is about the more profitable thing.
sr. member
Activity: 491
Merit: 250
September 21, 2017, 02:15:23 AM
Well gold is always preferable.
Bitcoins are unstable.
And holding and saving ur assests as gold has its own advantages and is quite prevent in the society...and also there is no such rule about holding ur money as gold...vs holding it as bitcoins...there are certain countries that might put u in jail for holding ur money as bitcoins...
I also agree with you because I think that buying gold is not a business. It is just saving your money, while buying and investing in bitcoin is a crypto currency online business. Bitcoin will give you more profit in less time and you can also use your bitcoin wallet all over the world and the dame is not possible with gold. It is better to have bitcoin in your wallet instead of gold in your bank lockers.
hero member
Activity: 714
Merit: 531
September 21, 2017, 02:08:07 AM
Gold does genuinely have reputation since its being here since the earth have been made and it do exist for a million of years on which even the most dependable advance starting at now see its regard.They do really have the two resemblances as to regard yet when we are examining advancement then bitcoin does genuinely have the edge yet considering on the converse way on which it might crash as brisk as he rise.
but still even in the crisis like now happening , to hold bitcoin far better than hold a "stagnant" gold. bitcoin just not yet really as popular as gold ( of course the invention difference between both are far away ) so no wonder people still prefer to choose gold.

they are not confident to put their value in bitcoin , where bitcoin actually offers you a protection against inflation.
Bitcoin and gold both have its own benefits but now a days bitcoin is more beneficent than because the profit of bitcoin is increasing rapidly I mean there are a lot of dumps and pumps in the case of bitcoin from where the income varies so some time the income is multiplied by two to three times while the price of gold usually remains constant being a digital currency transactions or online shopping is becoming possible in several countries of the world.
People realize that bitcoin has more value than gold because it is very useful to us and if a country will adopt with bitcoin it will surely
improve it's economy. More money will come in because of the fast transaction and they can make taxes on it.
More people are now seeing that bitcoin is much better investment than gold but the main difference of two is the risk, bitcoin is much risky than gold because gold has physical thing that investor can hold and stored but both are good to hold for long period of time.
sr. member
Activity: 602
Merit: 252
September 21, 2017, 02:00:30 AM
Gold does genuinely have reputation since its being here since the earth have been made and it do exist for a million of years on which even the most dependable advance starting at now see its regard.They do really have the two resemblances as to regard yet when we are examining advancement then bitcoin does genuinely have the edge yet considering on the converse way on which it might crash as brisk as he rise.
but still even in the crisis like now happening , to hold bitcoin far better than hold a "stagnant" gold. bitcoin just not yet really as popular as gold ( of course the invention difference between both are far away ) so no wonder people still prefer to choose gold.

they are not confident to put their value in bitcoin , where bitcoin actually offers you a protection against inflation.
Bitcoin and gold both have its own benefits but now a days bitcoin is more beneficent than because the profit of bitcoin is increasing rapidly I mean there are a lot of dumps and pumps in the case of bitcoin from where the income varies so some time the income is multiplied by two to three times while the price of gold usually remains constant being a digital currency transactions or online shopping is becoming possible in several countries of the world.
People realize that bitcoin has more value than gold because it is very useful to us and if a country will adopt with bitcoin it will surely
improve it's economy. More money will come in because of the fast transaction and they can make taxes on it.
When more countries legalize bitcoin, automatically the usage and the inflow of fiat towards bitcoin will grow to much higher extent. In the past when Japan legalized bitcoin, sudden price pumping took place and the same caused a bigger growth to the entire digital currency network.
legendary
Activity: 1106
Merit: 1000
September 21, 2017, 01:51:50 AM
Gold does genuinely have reputation since its being here since the earth have been made and it do exist for a million of years on which even the most dependable advance starting at now see its regard.They do really have the two resemblances as to regard yet when we are examining advancement then bitcoin does genuinely have the edge yet considering on the converse way on which it might crash as brisk as he rise.
but still even in the crisis like now happening , to hold bitcoin far better than hold a "stagnant" gold. bitcoin just not yet really as popular as gold ( of course the invention difference between both are far away ) so no wonder people still prefer to choose gold.

they are not confident to put their value in bitcoin , where bitcoin actually offers you a protection against inflation.
Bitcoin and gold both have its own benefits but now a days bitcoin is more beneficent than because the profit of bitcoin is increasing rapidly I mean there are a lot of dumps and pumps in the case of bitcoin from where the income varies so some time the income is multiplied by two to three times while the price of gold usually remains constant being a digital currency transactions or online shopping is becoming possible in several countries of the world.
People realize that bitcoin has more value than gold because it is very useful to us and if a country will adopt with bitcoin it will surely
improve it's economy. More money will come in because of the fast transaction and they can make taxes on it.
hero member
Activity: 966
Merit: 517
September 21, 2017, 01:48:38 AM
Gold does genuinely have reputation since its being here since the earth have been made and it do exist for a million of years on which even the most dependable advance starting at now see its regard.They do really have the two resemblances as to regard yet when we are examining advancement then bitcoin does genuinely have the edge yet considering on the converse way on which it might crash as brisk as he rise.
but still even in the crisis like now happening , to hold bitcoin far better than hold a "stagnant" gold. bitcoin just not yet really as popular as gold ( of course the invention difference between both are far away ) so no wonder people still prefer to choose gold.

they are not confident to put their value in bitcoin , where bitcoin actually offers you a protection against inflation.
Bitcoin and gold both have its own benefits but now a days bitcoin is more beneficent than because the profit of bitcoin is increasing rapidly I mean there are a lot of dumps and pumps in the case of bitcoin from where the income varies so some time the income is multiplied by two to three times while the price of gold usually remains constant being a digital currency transactions or online shopping is becoming possible in several countries of the world.
legendary
Activity: 1274
Merit: 1004
September 20, 2017, 03:13:55 PM
first of all yes in India, it is a culture to buy gold like in weddings or some other occasions. Secondly, i do not expect everyone to see bitcoin as the only option available to use. let people use gold as they do from many years with bitcoin they will get the same or maybe little bit faster interest profit but still, people buy gold as because it is not just a money stuff it represents richness and style many people do not understand btc still now but they will surely recognize gold.
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