Holdings of gold vs Holdings of btc - page 43.

panju1

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Quote from: boyptc on July 21, 2017, 01:43:06 AM

Quote from: mando kandpal on July 19, 2017, 06:44:14 AM

i think holdings of BTC are better because they are one of the fastest growing investment i have ever seen . investment of gold is safe but groes with a slower rate comparitively .

Holdings of both btc and gold are better if you have these two. But since it's hard to acquire gold assets and it's popular already. Investing or having holdings in bitcoin is still new in the ears of the investors so it is not yet that late if you want to have some decent holdings with it. You only need to be focused with this thing.

It is not at all hard to acquire gold assets. All you have to do is approach the friendly neighbourhood jeweller and buy a gold bar or coin from him. Buying bitcoins is hard, especially for people who are not Internet savvy.

Chyton

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Quote from: Omega Weapon on July 21, 2017, 08:54:02 PM

Quote from: rjbtc2017 on July 18, 2017, 11:42:40 PM

Well, in my opinion, Gold is Gold, Having more Golds means the higher the price of fiat money
Bitcoin is internet dependent, but holding it means investing it and waiting for the rise of the value of bitcoin.
Which is better? I think Gold is still better than Bitcoin when it comes to holding it and Gold is "physical".

The fact that gold is a physical asset is also a disadvantage, gold can be stolen very easily and it is very difficult to track also there are many counterfeits of gold, unlike bitcoin, no one can counterfeit a bitcoin, and there are some substances that are very similar to gold in the appearance that can fool people, gold is also very difficult to transport without bringing attention to yourself, so as you can see bitcoin has advantages over gold as well.

Bitcoin also has it's own disadvantage, Bitcoin price is very volatile right now and you don't want to lose your savings in bitcoin by 20% in a day. But Bitcoin is super easy to carry (paper wallet, or perhaps brain wallet) and you can spend bitcoin easily, but you don't want to reveal your BTC stash (this could be a threat to your safety) when you're selling some of Bitcoins into fiat.

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Quote from: rjbtc2017 on July 18, 2017, 11:42:40 PM

Well, in my opinion, Gold is Gold, Having more Golds means the higher the price of fiat money
Bitcoin is internet dependent, but holding it means investing it and waiting for the rise of the value of bitcoin.
Which is better? I think Gold is still better than Bitcoin when it comes to holding it and Gold is "physical".

The fact that gold is a physical asset is also a disadvantage, gold can be stolen very easily and it is very difficult to track also there are many counterfeits of gold, unlike bitcoin, no one can counterfeit a bitcoin, and there are some substances that are very similar to gold in the appearance that can fool people, gold is also very difficult to transport without bringing attention to yourself, so as you can see bitcoin has advantages over gold as well.

boyptc

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Quote from: mando kandpal on July 19, 2017, 06:44:14 AM

i think holdings of BTC are better because they are one of the fastest growing investment i have ever seen . investment of gold is safe but groes with a slower rate comparitively .

Holdings of both btc and gold are better if you have these two. But since it's hard to acquire gold assets and it's popular already. Investing or having holdings in bitcoin is still new in the ears of the investors so it is not yet that late if you want to have some decent holdings with it. You only need to be focused with this thing.

STT

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Bitcoin is not more valuable then gold. That ounce vs a coin is just an arbitrary measure, why not take a short ton of gold as your comparison or a kilo. No central bank keeps or counts in ounces like that and the only real buyers of gold who matter are the national banks and similar, why because they effectively distribute that capital value in their paper money.

If you take total market the gold trade is like a oil tanker vs a jetski in market size, scope, availability, liquidity and depth. Bitcoin has monetary velocity, it can spend 1 coin around the world and be spent 144 times a day which multiplies worth of BTC market greatly. Gold is far slower, the parts that trade fast are virtual certificates not actual gold and that is how dollar, sterling and other paper tokens started and now instead of gold receipt they are illegible scribbles of value, nonsense.

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Quote from: rjbtc2017 on July 20, 2017, 10:59:45 PM

Quote from: laredo7mm on July 19, 2017, 12:51:07 AM

Quote from: rjbtc2017 on July 18, 2017, 11:42:40 PM

Well, in my opinion, Gold is Gold, Having more Golds means the higher the price of fiat money
Bitcoin is internet dependent, but holding it means investing it and waiting for the rise of the value of bitcoin.
Which is better? I think Gold is still better than Bitcoin when it comes to holding it and Gold is "physical".

Even bitcoin is digital gold mate and more valuable in real gold and in future you will see much higher price of bitcoins and gold will never be in position to take over that price of bitcoins so to earn higher profits we should invest our money in bitcoins.

I know mate, but Gold is physical and Bitcoin is virtual which means it is dependent on the internet. Anyway, Why don't we keep Gold and bitcoin simultaneously and invest on both things, i think in this way we will not compare Gold to Bitcoin but be hopeful on the prices of Gold and bitcoin to grow overtime.

We can still compare both in terms of profit anyhow for now if we choose to hold bitcoin it is more profitable because now bitcoin price is above the gold price even though bitcoin price is unstable but still there is no signals showing the bitcoin price will be back below the gold price.

rjbtc2017

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Quote from: laredo7mm on July 19, 2017, 12:51:07 AM

Quote from: rjbtc2017 on July 18, 2017, 11:42:40 PM

Well, in my opinion, Gold is Gold, Having more Golds means the higher the price of fiat money
Bitcoin is internet dependent, but holding it means investing it and waiting for the rise of the value of bitcoin.
Which is better? I think Gold is still better than Bitcoin when it comes to holding it and Gold is "physical".

Even bitcoin is digital gold mate and more valuable in real gold and in future you will see much higher price of bitcoins and gold will never be in position to take over that price of bitcoins so to earn higher profits we should invest our money in bitcoins.

I know mate, but Gold is physical and Bitcoin is virtual which means it is dependent on the internet. Anyway, Why don't we keep Gold and bitcoin simultaneously and invest on both things, i think in this way we will not compare Gold to Bitcoin but be hopeful on the prices of Gold and bitcoin to grow overtime.

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Quote from: ghostunicorn on July 20, 2017, 04:53:14 PM

People buy gold for investment purposes. Not for the fashion. Most of the old reserves was used for gold bullions, not for fashion items.

People bringing up jewelry in gold conversations are just idiots, just discard them. Coming back to your main point, gold is indeed being used as investment asset, but in most cases that's not the leading aspect. Whether it's people or governments, gold is largely being used to maintain value over a longer period of time. In this case the returns are just a bonus if they happen to offer itself. If we look at how Bitcoin has been performing since its very first exchange listing, it shows how well it has functioned as store of value asset (and obviously as investment option). It gives people two options to choose from, where Bitcoin offers a far better future growth potential.

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I think holding of gold is better as gold is seen as an investment option for centuries and each and everyone trusts and backs gold which makes gold the most popular and safest investment a person can make. Gold will never loose its value so i think holdings of gold are better.

holding of gold is no doubt a good option people are hoding gold for a long long time, but I think the new generation is more interested in bitcoin because there is more chances to make money in trading bitcoin as compare to gold.

It was the old days when people were holding gold as in nowadays I am not seeing anyone who is saying that they are holding gold for making money if anyone is holding then he is not aware of bitcoin. Now everyone know that gold will give a smallest profit after years while bitcoin gives the same amount of profit within a few weeks or months.

yes in current time people are mostly use Gold as for jewelry and for fashion. while for making money i think bitcoin is the best option with them from where they çhave the opportunity to make a big amount of money.

Let me correct you, yes jewelry and diamond is only for fashion and luxury, but the gold is different. It's not like you said. People buy gold for investment purposes. Not for the fashion. Most of the old reserves was used for gold bullions, not for fashion items.

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Quote from: richardfisk on July 20, 2017, 01:04:12 PM

Holding bitcoin is much more better than holding gold if you want to earn more money. Gold is only for saving purposes and I can ensure with you that the amount you earn from bitcoin in a long term will be %1000 bigger than gold. However, gold is the safest place to put your money in and if you do not want your money to fluctuate while holding bitcoin, just hold gold instead Wink

Have any future plan and want money to build your future plan then invest on bitcoins it will give you good returns. But you have extra money, and you don't want to grow that money means have black money you can invest that money in gold. The price stable and your money will be safe, but the only thing is you will not get more profit.

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Quote from: rickadone on July 20, 2017, 11:32:36 AM

Quote from: mando kandpal on July 19, 2017, 06:44:14 AM

i think holdings of BTC are better because they are one of the fastest growing investment i have ever seen . investment of gold is safe but groes with a slower rate comparitively .

I second your thought, pal. Undoubtedly, holding to bitcoins is far better than investing in gold. Bitcoins are the latest and fastest growing market. The volatile nature of bitcoins makes them reach unbelievable prices which is lacking in the case of gold. Gold is now an old type of investment. As to me, there is no comparison of bitcoins with gold. Gold has not got that energy which can make its investors rich within short time.

Bitcoin is very popular and is getting more popular nowadays. I agree that the volatility of the bitcoin is an advantage to reach high equivalent prices that many holders have been waiting for and looking at the current price which is $2600, holding bitcoin have been a very good choice. Aside from that, I also think that it is better to hold bitcoin because unlike gold, we can earn it through joining signature campaigns and altcoins, trading, investing and etc. We all know how hard it is to acquire gold and most people who have gold must have inherit it from their parents or ancestors.

Besides all of that, because of the advancement of technology it will be much better to have ( and also have ) bitcoin that is compatible to use for online transactions.

richardfisk

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Holding bitcoin is much more better than holding gold if you want to earn more money. Gold is only for saving purposes and I can ensure with you that the amount you earn from bitcoin in a long term will be %1000 bigger than gold. However, gold is the safest place to put your money in and if you do not want your money to fluctuate while holding bitcoin, just hold gold instead Wink

rickadone

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Quote from: mando kandpal on July 19, 2017, 06:44:14 AM

i think holdings of BTC are better because they are one of the fastest growing investment i have ever seen . investment of gold is safe but groes with a slower rate comparitively .

I second your thought, pal. Undoubtedly, holding to bitcoins is far better than investing in gold. Bitcoins are the latest and fastest growing market. The volatile nature of bitcoins makes them reach unbelievable prices which is lacking in the case of gold. Gold is now an old type of investment. As to me, there is no comparison of bitcoins with gold. Gold has not got that energy which can make its investors rich within short time.

hurain

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Quote from: mornabo on July 19, 2017, 09:41:51 PM

Quote from: Anjing Lu on July 11, 2017, 12:19:16 PM

I think the best and most profitable thing today is bitcoin holding, it has been proven that only with bitcoin holding then be patient then we can get profit up to 100% a month.

I think you can use both as an investment, a very gold to be invested and a back up plan. Look at bitcoin prices fall sharply
and only investment in gold that can save you from big losses. You can use both for investment and its more better

yes that is right that we can use both. but i think those people who want to make more and more money they need to invest money in bitcoin because if they will invest money in bitcoin they have more chances to make money in a short time while investment in gold is safe investment but there is very little chance in its price and therefore we cannot expect such a good profit from bitcoin in such a short period of time.

jojowar

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Honestly holdings of gold for now is more important because it was just like you own a piece of land..Its value accelerate compare to other properties like your cellphones that depreciate..Compare to bitcoins for now its value is not stable..The value of gold was tested centuries of centuries passed...Maybe in the near future bitcoin will become more important than gold.. Shocked

But when it comes for the value, Bitcoins is more valuable than gold..Right?.. Cheesy

mornabo

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Quote from: Anjing Lu on July 11, 2017, 12:19:16 PM

I think the best and most profitable thing today is bitcoin holding, it has been proven that only with bitcoin holding then be patient then we can get profit up to 100% a month.

I think you can use both as an investment, a very gold to be invested and a back up plan. Look at bitcoin prices fall sharply
and only investment in gold that can save you from big losses. You can use both for investment and its more better

Clark05

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If you hold bitcoin you have chances to get a lot of profit because bitcoin is more potential to increase in ghe future. But it is very risky because they have chances that bitcoin you buy decrease price while the the gold is very stable price but they increase slowly . Gold and bitcoin have advantages and dis advanatges . Its better if you invest both and for sure you will earn a lot of profit.

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Gold is gold it is stroger than any currency in the world, gold is in circulation for a very long period of time and already exist during prehistoric period. Bitcoin is no match to gold in terms existence and stability, its vulnerable to vanished anytime and unlike gold its very easy to lose and prone to different factors over the internet. So gold wins but not fan of it.

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Quote from: iluvpie60 on July 19, 2017, 03:28:02 PM

The funy thing about using gold as a store of value is that it failed pretty hard against Bitcoin.

Think about it.

If you would have bought thousands of dollars of BTC when it was a dollar, how much you would have now is 2.3 million USD or more(current price 2,300 each).

Did gold do that? Does gold have any chance of doing that?no.

Gold also doesn't really keep pace with inflation. So i don't see why anyone would want gold now.

And if you bought thousands of dollars of BTC a few weeks ago now you would be fucked, did gold do that?no.

iluvpie60

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The funy thing about using gold as a store of value is that it failed pretty hard against Bitcoin.

Think about it.

If you would have bought thousands of dollars of BTC when it was a dollar, how much you would have now is 2.3 million USD or more(current price 2,300 each).

Did gold do that? Does gold have any chance of doing that?no.

Gold also doesn't really keep pace with inflation. So i don't see why anyone would want gold now.

Topic: Holdings of gold vs Holdings of btc - page 43. (Read 62760 times)