Holdings of gold vs Holdings of btc - page 36.

pieppiep

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Quote from: jerowacik on September 10, 2017, 11:09:22 PM

Quote from: KennyR on September 10, 2017, 09:22:12 PM

Holding of bitcoin and holding of btc has lots of difference. So, its the user who decides based on the necessity. For the one who expects an increased income with much risks in it prefer bitcoin, while the people who expect security for the holdings unlike the profiting prefers gold. This tendency might change when bitcoin gives an assurance of 100% risk free in terms of hacking and other encounters.

yes all in depending on our needs and desires. when we want to get a big profit opportunity in a short time then bitcoin is the right choice, but bitcoin has a very high risk. and when we want a safe long-term investment then gold can be the best choice. it all depends on each choice.

Yes if a person doesn't want to take higher risk then he will always prefer to invest his more money in gold as in long term it will definitely give him good profits and on the other hand bitcoin is very volatile and that makes it a very risky investment as no one is sure what will happen to the price of bitcoins in future but if everything goes smooth then it can give huge profits in very quick time.

jerowacik

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Quote from: KennyR on September 10, 2017, 09:22:12 PM

Holding of bitcoin and holding of btc has lots of difference. So, its the user who decides based on the necessity. For the one who expects an increased income with much risks in it prefer bitcoin, while the people who expect security for the holdings unlike the profiting prefers gold. This tendency might change when bitcoin gives an assurance of 100% risk free in terms of hacking and other encounters.

yes all in depending on our needs and desires. when we want to get a big profit opportunity in a short time then bitcoin is the right choice, but bitcoin has a very high risk. and when we want a safe long-term investment then gold can be the best choice. it all depends on each choice.

valuater

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I like holdings gold because its price will definitely continue to rise, while holdings bitcoin I think the price is very volatile and the price is not stable

craZyLovE0916

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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!

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Quote from: KennyR on September 10, 2017, 09:22:12 PM

Holding of bitcoin and holding of btc has lots of difference. So, its the user who decides based on the necessity. For the one who expects an increased income with much risks in it prefer bitcoin, while the people who expect security for the holdings unlike the profiting prefers gold. This tendency might change when bitcoin gives an assurance of 100% risk free in terms of hacking and other encounters.

I don't think that Bitcoin can ever be 100% risk-free. And no asset is 100% risk-free in my opinion. Do you think that physical gold is free from all the risks? It can be stolen, or even confiscated by the government. Even the United States treasury bonds are not 100% risk free. What if the American government defaults on the debt, although the possibility is quite minimal?

KennyR

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Holding of bitcoin and holding of btc has lots of difference. So, its the user who decides based on the necessity. For the one who expects an increased income with much risks in it prefer bitcoin, while the people who expect security for the holdings unlike the profiting prefers gold. This tendency might change when bitcoin gives an assurance of 100% risk free in terms of hacking and other encounters.

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Quote from: ss890 on September 10, 2017, 09:45:44 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

storm122

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Gold will always be valuable, BTC can drop to zero overnight, and i also think people trust what they can touch.

ss890

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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.

nesh1

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Quote from: Vinalians on September 08, 2017, 12:31:05 PM

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.

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Quote from: TooDumbForBitcoin on September 10, 2017, 04:59:00 AM

Quote from: totaleclipseofthebank on September 08, 2017, 03:57:48 PM

Quote from: Vinalians on September 08, 2017, 12:31:05 PM

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. This year and this decade are for bitcoin and we can not do anything else. holding bitcoin is absolutely more profitable than holding gold. The price of bitcoin increases significantly over years while gold is still increasing slowly and stably

Gold was also rallied from $100 an ounce to ~$900 on 197x-1980. But we can't make comparison in such way. Gold is universally recognized "protective asset" (but not for all Grin

). And bitcoin is money/payment method and definitely not next gold.

I think holding gold is much secure than bitcoin and holding of bitcoin is much profitable than gold

Finestream

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Quote from: BUK2016 on September 10, 2017, 05:33:31 AM

For one to know how many people are currently holding gold and bitcoin as a store of value is the most difficult thing you can think of op. Although generally, the number of people holding gold as a store of value is higher when compared to bitcoin because, gold has been in existence for a long time.

Well I cannot find facts right now but IMO there are a lot of people who knows gold than bitcoin but with the increasing popularity of bitcoin I think soon there are more people who will hold bitcoin than gold. The difference is, with bitcoin we can buy even if we have a little amount of money while with gold it seems like it's not a good investment, and this year alone we have a big success for bitcoin.

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Quote from: superplus on September 10, 2017, 05:21:11 AM

Quote from: madwica on September 10, 2017, 05:04:04 AM

Agree bitcoin is much better if you are risk taker but if you want is safest investment is you would choose gold.
But me i choose to hold bitcoin because it has a big possibility to make me rich in a few year by doing investment which you can not get in gold.

if you risk taker certainly you will buy altcoin rather than bitcoin, bitcoin buyers just play it safe and do not want complicated while gold only for investors who do not know about technology.

Ya .If you not want to take risk means,just get into bitcoin. Bitcoin is the best place to inverse your money. Risk taker may get into some other Altcoin. If the price of that altcoin is increase means,you will get that much profit.But inverse in gold will give gives you a one time profit. But inverse in bitcoin give much profit than a gold.

metalbean

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Gold is like what? 8 trillion. And Bitcoin is closing on 80 billion. So bitcoin just needs to grow x100.

Something we will see in our lifetime maybe.

And while we are at gold discussion, take a look at tokens that peg themselves to precious metal such as SLVR.

BUK2016

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For one to know how many people are currently holding gold and bitcoin as a store of value is the most difficult thing you can think of op. Although generally, the number of people holding gold as a store of value is higher when compared to bitcoin because, gold has been in existence for a long time.

superplus

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Quote from: madwica on September 10, 2017, 05:04:04 AM

Agree bitcoin is much better if you are risk taker but if you want is safest investment is you would choose gold.
But me i choose to hold bitcoin because it has a big possibility to make me rich in a few year by doing investment which you can not get in gold.

if you risk taker certainly you will buy altcoin rather than bitcoin, bitcoin buyers just play it safe and do not want complicated while gold only for investors who do not know about technology.

madwica

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Agree bitcoin is much better if you are risk taker but if you want is safest investment is you would choose gold.
But me i choose to hold bitcoin because it has a big possibility to make me rich in a few year by doing investment which you can not get in gold.

TooDumbForBitcoin

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Quote from: totaleclipseofthebank on September 08, 2017, 03:57:48 PM

Quote from: Vinalians on September 08, 2017, 12:31:05 PM

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. This year and this decade are for bitcoin and we can not do anything else. holding bitcoin is absolutely more profitable than holding gold. The price of bitcoin increases significantly over years while gold is still increasing slowly and stably

Gold was also rallied from $100 an ounce to ~$900 on 197x-1980. But we can't make comparison in such way. Gold is universally recognized "protective asset" (but not for all Grin

). And bitcoin is money/payment method and definitely not next gold.

Razick

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Quote from: jostorres on September 08, 2017, 07:11:18 AM

Quote from: Succurs on September 06, 2017, 10:39:01 AM

if you want a lot profit i offering guidance to keeping bitcoin but have a higher risk is equivalent with what you get. holdings gold only maintain your funds most folks states gold not make you rick but preserve you abundant, gold not large risk loses of value

If we talk about the losses that bitcoins can produce with time if you keep them due to its fluctuating price, I hope you have seen the past years performance of bitcoins. It has a great tendency to not only regain its value but surpass the previous ones in a short time.

The thing with Bitcoin, at least thus far is the price always seems to rise exponentially. Doesn't it make you wonder why? Why do most markets or stocks rise linearly whereas Bitcoin always rises exponentially?

My take is each time this happens a large multiple of more people learn of and start using BTC. For example, when the price went from $200 to $1,200 back in early 2014, this is because 6 times as many people invested in Bitcoin in that short time period than the entire time before that.

If we look at this period which started at $1,000 and went up to almost $5,000 at it's peak (thus far) it means that 5 times as many people are using Bitcoin now than just a few months ago, which is quite amazing to think about.

Raphal

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Quote from: Succurs on September 06, 2017, 10:39:01 AM

if you want a lot profit i offering guidance to keeping bitcoin but have a higher risk is equivalent with what you get. holdings gold only maintain your funds most folks states gold not make you rick but preserve you abundant, gold not large risk loses of value

Compared to the possibility of making a profit between bitcoin and gold. I can assert that bitcoin helps us to make a profit more quickly. However, besides, safety is also an important factor, and that is the opposite, bitcoin is not safe.

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