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Topic: Holdings of gold vs Holdings of btc - page 51. (Read 62760 times)

hero member
Activity: 714
Merit: 531
June 25, 2017, 06:50:18 AM
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.
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
June 25, 2017, 06:43:24 AM
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.
hero member
Activity: 1092
Merit: 501
June 24, 2017, 11:19:43 PM
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'
Gold is not really an investment, gold is just a way to store the value of your money in the case everything fails and the currencies of the world enter into hyperinflation, bitcoin in the other hand is a technology that is always growing and when we finally we get segwit activated the price is going to go up very rapidly since that will be another sign that bitcoin is moving forward.
legendary
Activity: 3038
Merit: 2166
Playgram - The Telegram Casino
June 24, 2017, 06:49:34 AM
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.
sr. member
Activity: 630
Merit: 263
June 24, 2017, 05:43:49 AM
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.
Gold is certainly less increasing in price than bitcoin, but where is the guarantee that in the future bitcoin will not be a pyramid and the price will not drop to zero? Who knows? Gold this just will not happen. And the price of gold will go up dramatically if bitcoin dies.
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
June 24, 2017, 05:28:58 AM
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.
legendary
Activity: 3038
Merit: 2166
Playgram - The Telegram Casino
June 24, 2017, 04:58:12 AM
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.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
June 24, 2017, 04:39:07 AM
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.
sr. member
Activity: 798
Merit: 255
June 24, 2017, 02:03:41 AM
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.
hero member
Activity: 3038
Merit: 634
June 24, 2017, 12:39:08 AM
Gold prices are more stable than bitcoin.
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.
Agree, that's the reason I better hold the btc than gold as an investment tool at the moment and I'm sure big investors also will invest in bitcoin in the next few months.

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.
hero member
Activity: 700
Merit: 500
June 23, 2017, 12:03:05 PM
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.
hero member
Activity: 1764
Merit: 584
June 23, 2017, 10:09:52 AM
Gold can't be hacked from exchanges or disappear when your gadgets go boom. The only thing to worry about is keeping a vault.
hero member
Activity: 1316
Merit: 502
June 23, 2017, 09:17:27 AM
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.
sr. member
Activity: 612
Merit: 250
June 23, 2017, 07:43:11 AM
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.
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
June 23, 2017, 06:51:12 AM
Gold prices are more stable than bitcoin.
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.
Agree, that's the reason I better hold the btc than gold as an investment tool at the moment and I'm sure big investors also will invest in bitcoin in the next few months.
hero member
Activity: 3038
Merit: 634
June 23, 2017, 06:43:14 AM
Gold prices are more stable than bitcoin.
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.
sr. member
Activity: 1092
Merit: 256
Leading Crypto Sports Betting & Casino Platform
June 23, 2017, 06:11:49 AM
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.
Thieves and hackers were found all around, gold too is secure. The digital form of gold investment is same as that we invest Bitcoin. In security concerns nothing to worry with gold and bitcoin. In terms of Profiting Bitcoin gives higher profit, whereas gold give a sustained Profiting.
full member
Activity: 588
Merit: 100
June 23, 2017, 05:52:20 AM
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.
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
June 23, 2017, 05:10:36 AM
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

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.
hero member
Activity: 1190
Merit: 541
June 22, 2017, 08:00:44 PM
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.
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