Topic: Holdings of gold vs Holdings of btc - page 51. (Read 62794 times)
Holding in gold is much secured because there is an item that you can used while you are waiting for the increase of the value while investing bitcoin is much high risk there is no such thing to secure money even we have private key it is online users do not hold the system and the bitcoin wallet.
In a couple of decades gold will lose its scarcity due to asteroid mining and Bitcoin will become the new global standard store of value. There, I said it.
Even without asteroid mining, which in my opinion would be economically irrational, gold will lose its value in USD in the future because we have so much gold on the planet that only if people stop using using it as jewelry the price of it will drop dramatically. And this might happen even earlier than in a couple of decades.
Economically irrational with current technologies. Computers made economically viable which otherwise would have taken effectively endless human resources. Maybe the same will happen with space travel.
The fun thing about the gold price is that if you look at historical price charts it looks eerily familiar to Bitcoin's cycles. Just on a much larger timeframe.
Yes, exactly. Because Bitcoin is a new gold. And the "old gold" will be forgotten soon.
The price of gold will never drop to zero because it's a precious metal with many uses in different manufacturing procedures. However, the price of it might drop significantly after people will stop seeing more value in it than it really has.
gold is not better then btc, coz u can't buy or sell gold like btc so for me btc holding better then gold.
Gold is way more stable then bitcoin, however holding gold alone is not smart, same applies for bitcoin, since it is volatile. The best thing is to diversify your assets and thus make it possible to profit from bitcoin's volatility and gold' stability.
When a currency crash happens you are 'safe'
In a couple of decades gold will lose its scarcity due to asteroid mining and Bitcoin will become the new global standard store of value. There, I said it.
Even without asteroid mining, which in my opinion would be economically irrational, gold will lose its value in USD in the future because we have so much gold on the planet that only if people stop using using it as jewelry the price of it will drop dramatically. And this might happen even earlier than in a couple of decades.
Economically irrational with current technologies. Computers made economically viable which otherwise would have taken effectively endless human resources. Maybe the same will happen with space travel.
The fun thing about the gold price is that if you look at historical price charts it looks eerily familiar to Bitcoin's cycles. Just on a much larger timeframe.
Holding of gold vs holding of btc. There is a big opposite in that two. If you hold gold in a long time there is a big possibilities that you profit more than 99% of the price when brought it. While holding bitcoin in long term there is possibility that you earn more than 90% or less than that because we dont know the future value of bitcoin, maybe it become double or maybe triple after you brought it.
In terms of long term, i think that bitcoin has a chance for you to make you a millionaire because it has a very fast moving price and we already see that in just past 6 months of waiting so if you hold your bitcoin for that 6 months since last year then you already made a lot of money while in gold there is no assurance that you will earn good amount of money because it has a very slow price increase.In a couple of decades gold will lose its scarcity due to asteroid mining and Bitcoin will become the new global standard store of value. There, I said it.
Even without asteroid mining, which in my opinion would be economically irrational, gold will lose its value in USD in the future because we have so much gold on the planet that only if people stop using using it as jewelry the price of it will drop dramatically. And this might happen even earlier than in a couple of decades.
In a couple of decades gold will lose its scarcity due to asteroid mining and Bitcoin will become the new global standard store of value. There, I said it.
Holding of gold vs holding of btc. There is a big opposite in that two. If you hold gold in a long time there is a big possibilities that you profit more than 99% of the price when brought it. While holding bitcoin in long term there is possibility that you earn more than 90% or less than that because we dont know the future value of bitcoin, maybe it become double or maybe triple after you brought it.
In terms of long term, i think that bitcoin has a chance for you to make you a millionaire because it has a very fast moving price and we already see that in just past 6 months of waiting so if you hold your bitcoin for that 6 months since last year then you already made a lot of money while in gold there is no assurance that you will earn good amount of money because it has a very slow price increase.
Holding of gold vs holding of btc. There is a big opposite in that two. If you hold gold in a long time there is a big possibilities that you profit more than 99% of the price when brought it. While holding bitcoin in long term there is possibility that you earn more than 90% or less than that because we dont know the future value of bitcoin, maybe it become double or maybe triple after you brought it.
Gold prices are more stable than bitcoin.
Long-term investment is definitely profitable.
But now Bitcoins is the most valuable than gold.
Long-term investment is definitely profitable.
But now Bitcoins is the most valuable than gold.
Not all the time price of gold is stable, there are times that it is also falling but not that often.
And when it comes to pricing it's better to prefer with bitcoin and not with gold, the market of bitcoin is still young.
Unlike gold, it's already been crowded by a lot of big investors.
That's for sure, since there are people showing their profit in bitcoin. Others will be encouraged and convinced to enter bitcoin.
And in that case, if they do have other type of investments it's either they are going to leave the ones and migrate to bitcoin.
Like in gold but the wisest thing to do is to hold bitcoin, this is the best promising investment.
Holding bitcoin is better than gold . because of bitcoin is high profitable but its should be for short term because bitcoin investment is more profitable and more risky for investor and holding in gold it is also better but long term you will wait for long time for you profit.
yes you are right that holding bitcoin is very much profitable as compare to holding gold because the price of bitcoin is increasing and decreasing suddenly which is very beneficial for the traders and investors while the price of gold is stable, its price increases after a long time so holding gold is little profitable and you will have to wait for long time. 
Gold can't be hacked from exchanges or disappear when your gadgets go boom. The only thing to worry about is keeping a vault.
Holding bitcoin is better than gold . because of bitcoin is high profitable but its should be for short term because bitcoin investment is more profitable and more risky for investor and holding in gold it is also better but long term you will wait for long time for you profit.
Yes, holding bitcoin is only better on profitability, on safety, gold is still the number one. Bitcoin is a young and strong guy but it's still in the development phase and the future of bitcoin is unpredictable so I think we should limit too much bitcoin, although gold looks old but it retains its value over time, gold is very safe and it does not have too much volatility. The best is that we should hold both gold and Bitcoin, this will help us to profit in the long run and in the short term, it also ensures safety and limits a lot of risk.
Holding bitcoin is better than gold . because of bitcoin is high profitable but its should be for short term because bitcoin investment is more profitable and more risky for investor and holding in gold it is also better but long term you will wait for long time for you profit.
Gold prices are more stable than bitcoin.
Long-term investment is definitely profitable.
But now Bitcoins is the most valuable than gold.
Long-term investment is definitely profitable.
But now Bitcoins is the most valuable than gold.
Not all the time price of gold is stable, there are times that it is also falling but not that often.
And when it comes to pricing it's better to prefer with bitcoin and not with gold, the market of bitcoin is still young.
Unlike gold, it's already been crowded by a lot of big investors.
Gold prices are more stable than bitcoin.
Long-term investment is definitely profitable.
But now Bitcoins is the most valuable than gold.
Long-term investment is definitely profitable.
But now Bitcoins is the most valuable than gold.
Not all the time price of gold is stable, there are times that it is also falling but not that often.
And when it comes to pricing it's better to prefer with bitcoin and not with gold, the market of bitcoin is still young.
Unlike gold, it's already been crowded by a lot of big investors.
gold is not better then btc, coz u can't buy or sell gold like btc so for me btc holding better then gold.
yeah nowadays buy and sell your bitcoin is very much easy and safe than gold because there is a lot of thief and we can not easily buy or sell our gold as bitcoin and we know bitcoin is very much secure and we do not need to worry about thief or other tax.
Holding gold for a long time is good.You can sold it with a high price after how many years.But bitcoin is much better to hold because it cost very expesive when the price will hit at a very expensive price.It is more than higher than gold.If you imagine that for today bitcoin will hit at 2000$ and after a year or more than will hit to 5000$.Its like you save in the bank but in bitcoin bank it cost a million convert to cash when you save bitcoin.
My holdings in Gold are less. Maybe not even 1% and not of it is physical. Call me crazy but i prefer bitcoin in every way possible.
For a back up when fiat stats crashing, for a investment instrument and yes even as an payment instrument
For a back up when fiat stats crashing, for a investment instrument and yes even as an payment instrument
And I think you are right in that. Like I said before, gold is heavily overvalued and sooner or later people will realize that and the price of gold might drop. It will never go to zero, but it can drop 40% or 50% which is also bad for investors.
gold is not better then btc, coz u can't buy or sell gold like btc so for me btc holding better then gold.
yeah nowadays buy and sell your bitcoin is very much easy and safe than gold because there is a lot of thief and we can not easily buy or sell our gold as bitcoin and we know bitcoin is very much secure and we do not need to worry about thief or other tax. Jump to: