Holdings of gold vs Holdings of btc - page 55.

begau

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Quote from: ariie on June 11, 2017, 02:43:03 AM

Hundreds or even millions of people who use gold as a value store vs. BTC ...
May be a long period of time, because the gold price of sale or buy is quite stable ..

You weren't comparing value. You were comparing trend to make your point about correlation. Now we're sitting here listening to people talking about BTC as a serious investment. Cheesy

Reid

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Quote from: ariie on June 11, 2017, 02:43:03 AM

Hundreds or even millions of people who use gold as a value store vs. BTC ...
May be a long period of time, because the gold price of sale or buy is quite stable ..

Its been stable for quite a long time and this cannot stop even if there will be no more gold to be mined.
Actually it will grow more in value.
Best way is to hold both. This two can be used for emergency purposes and will be much of help whenever you got broke.
That is why gold have been like an apple on the eye of many people. They want to have at least a part of it and keep it for long.

ariie

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Hundreds or even millions of people who use gold as a value store vs. BTC ...
May be a long period of time, because the gold price of sale or buy is quite stable ..

BitcoinGirl.Club

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Quote from: helloeverybody on December 16, 2015, 08:26:32 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 honestly think currently we have more holders of gold than bitcoin and with so many cryptocurrencies the user base of bitcoin will not be greater than gold holders.
We should not expect user base to be the same any time soon.

fathur.aza

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Bitcoin a fairly large number while gold is physical and represents the whole economy. One possibility for that to happen is we lose all our gold

chocolah29

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Well gold is gold. It is known for a very long time. Gold proves itself in the market. People like to invest in the things that can they be seen or hold. Nowadays, gold stabilize its price in the market. There is no fluctuation unlike of bitcoin. Bitcoin fluctuate every now and then and that what traders are looking for. The excitement and the thrill of bitcoin that it can give. Like they can play it.
Therefore investing in gold and bitcoin depends on the preference of the investors.

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Quote from: Aleister Crowley on May 19, 2017, 04:37:22 AM

Quote from: kidoseagle0312 on May 19, 2017, 03:14:50 AM

Quote from: helloeverybody on December 16, 2015, 08:26:32 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?

In my opinion, I would rather to hold them both, Gold is surely increasing everyweek but not that as high or aggressive like bitcoin. And for what is good about in bitcoin you can earn faster depending in the demand of the community users of bitcoin.

Yaps, gold and bitcoin have an different advantage, if long-term investment, I prefer to hold gold, because the price of gold continues to grow and the real intrinsic value, it is a real asset of gold at a stable price, and we all know that gold is already used as a tool of transactions From the past, still alive till now, and still considered something worthwhile and has its own character, .. But if for short-term investments and to earn fast money, bitcoin is perfect, the price is fast changing and and always the price is posotif, will give you a quick profit, it's just bitcoin does not give any guarantee, we do not know until when this bitcoin alive .

yes both have their own advantages, but to me i think in present time bitcoin is the best option. because there is so much fluctuation in the price of bitcoin and therefore there are more chances that bitcoin will give you good profit. to me i think gold is good option for saving, if a person have some extra amount of money, and he want to save it in a safe place then he can put all his money in gold, because gold has a very stable price and we can obserb a very little change in the the value of gold, therefore my first choice will be trading trading bitcoin to increase the amount of my money.

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Quote from: kidoseagle0312 on May 19, 2017, 03:14:50 AM

Quote from: helloeverybody on December 16, 2015, 08:26:32 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?

In my opinion, I would rather to hold them both, Gold is surely increasing everyweek but not that as high or aggressive like bitcoin. And for what is good about in bitcoin you can earn faster depending in the demand of the community users of bitcoin.

I am not seeing gold is rising on weekly basis. It was almost four years that gold is being struck within some range whereas in this time frame bitcoin has grown more than ten times.

But as per diversification rules holding both will be safer to distribute the risks. Holding both gold and bitcoin may ensure we are not missing any opportunities at the same time risks on depending on one single opportunities is also eliminated. Surely, bitcoin is stand alone for higher returns whereas gold joins into portfolio for conventional reasons.

Aleister Crowley

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Quote from: kidoseagle0312 on May 19, 2017, 03:14:50 AM

Quote from: helloeverybody on December 16, 2015, 08:26:32 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?

In my opinion, I would rather to hold them both, Gold is surely increasing everyweek but not that as high or aggressive like bitcoin. And for what is good about in bitcoin you can earn faster depending in the demand of the community users of bitcoin.

Yaps, gold and bitcoin have an different advantage, if long-term investment, I prefer to hold gold, because the price of gold continues to grow and the real intrinsic value, it is a real asset of gold at a stable price, and we all know that gold is already used as a tool of transactions From the past, still alive till now, and still considered something worthwhile and has its own character, .. But if for short-term investments and to earn fast money, bitcoin is perfect, the price is fast changing and and always the price is posotif, will give you a quick profit, it's just bitcoin does not give any guarantee, we do not know until when this bitcoin alive .

kidoseagle0312

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Quote from: helloeverybody on December 16, 2015, 08:26:32 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?

In my opinion, I would rather to hold them both, Gold is surely increasing everyweek but not that as high or aggressive like bitcoin. And for what is good about in bitcoin you can earn faster depending in the demand of the community users of bitcoin.

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Now a day bitcoin is 1,925 dollar its more than gold don't wait for future one day whole world use bitcoin and its use for all kind of buy and sell.not only gold its price like diamond Cheesy

one day the price will be increase more and more.already lots of shop and online accept bitcoin and we buy a house with bitcoin in future it's my dream

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Quote from: rickadone on May 18, 2017, 08:04:58 AM

Quote from: btcdevil on May 18, 2017, 07:46:45 AM

Bitcoin cannot match the same marketcap of gold because Bitcoin have maximum limit of Bitcoins but gold still have 3 times more then bitcoins value to be discovered. I will prefer both investment gold and bitcoin because both have their own benefits.

Probably in future bitcoin will beat gold's market cap by having bigger price levels for one bitcoin like $1 million value.

But, as of now market cap will not be a criteria to consider for holding bitcoin against gold. We must only consider how much a returns, we can make for the given period of time. Anyone can choose bitcoin this way because the return rate of bitcoin in past six month are marvelous.

I think there's no need to wait till the future, bitcoin prices has already been above the gold price since 2016 and bitcoin has beaten gold you can seen from significant rise and many trader trust that bitcoin prices can reach $ 2000 in the next few months.

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Quote from: bikbik2 on May 09, 2017, 11:45:21 PM

Quote from: hatshepsut93 on May 09, 2017, 11:41:16 PM

Gold doesn't have any surprise potential - everyone know about it, its properties, estimate supply, etc. Bitcoin is even better for storing value, because it's easy to move, obtain and store, unlike gold. Although being digital makes it reliable on electricity and Internet, which can make it bad in case of big war or other disaster. Bitcoin is obviously riskier than gold, but also comes with a very good portential to double in price in a few years, something that gold can't realistically achieve.

I would not have Bitcoin compare with gold. As you all know adults and other features and benefits, That's only in this regard, no one wants to talk. Of course, I will not argue about the future of Bitcoin because its price grows very quickly.

yeah i also do not compare bitcoin with gold because bitcoin is digital cryptocurrency and increasing its price too much faster and a lot of people joining bitcoin for making a good profit and we can not get a good profit from investment in gold because gold is too much stable and other side gold is a metal which not for investment just for jewellery.

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Quote from: btcdevil on May 18, 2017, 07:46:45 AM

Quote from: favila on May 18, 2017, 06:42:41 AM

Quote from: roadbits on May 18, 2017, 06:25:49 AM

Quote from: bryant.coleman on May 18, 2017, 03:36:27 AM

Quote from: Humanxlemming on May 18, 2017, 02:45:48 AM

Quote from: CODE200 on May 17, 2017, 11:05:23 PM

I prefer holding bitcoin that Gold because bitcoin price is pumping and pumping and because the bitcoin has a limited volume with the characteristic of that then the bitcoin will undergo the supply and demand because of the limited supply. So the price of it will depend on the people who are supporting bitcoin so the price of the bitcoin will be pump as time pass by.

Well you have some point. That bitcoin still rising in this year. As of in january bitcoinprice took in $1100 i think and drop down to $888 then climb up to $1800 now..... And still more rising. Anyways Bitcoin is much more nice to hold than gold because you will see it thay bitcoin price in 2013 is just $1-$10 but now 1BTC is now $1800 and still more rising.

Do you think that this rise is going to last forever? I really doubt that. It is looking like a bubble right now. No one knows when the bubble is going to burst. Just be prepared, as I feel that a major correction can happen anytime in the next few weeks. But there is nothing to worry, if you have already done your bit of profit booking.

Yes bitcoin price is like a bubble in water, now it is growing big slowly, but one day it will burst so wait for that movement and before that make money how much it is possible. And gold is an evergreen product the will not pump like bitcoin, but it is stable at one decent price since many years. It will never fall like bitcoin.

Gold has been pumped and dumped many times over the decades so there is nothing stable about its price. Sure the volatility on bitcoin is bigger but that's because its marketcap is smaller so it takes less money to move the market, once bitcoin reaches a similar marketcap as gold the price will be just as "stable" which is to say not really stable but less volatile than now.

Bitcoin cannot match the same marketcap of gold because Bitcoin have maximum limit of Bitcoins but gold still have 3 times more then bitcoins value to be discovered. I will prefer both investment gold and bitcoin because both have their own benefits.

Yes both have their own benefits but we do not have to suggest both to everyone as we do not know that what type of benefit a person want from investment of their money in any asset as if a person is looking for faster profit from his investment within a shorter time period then we have suggest to him to invest in bitcoin as bitcoin is a type of investment which will fulfill his that need while in gold he cannot get a faster profit within a shorter time period.

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In terms of profiting bitcoin is step ahead than the gold, which has got more trust worldwide as a digit investment which has the commodity value. So holding bitcoin is good for profit making and gold is good for users who needs a long term investment with minimal profit.

Rinder

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Im pretty sure who own bitcoin is getting much more then if they had gold, bitcoin jumped from the 1000 dollars in January to almost double already, thats why bitcoin is king of crypto and well i hope soon it becames legalized worldwide, people are loosing this opportunity to protect their fiat over bitcoin.

iluvpie60

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I feel sorry for peope using gold as store of value. It really hasnt been doing well compared to btc. Btc is blowing gold out of the water. Gold is still valuable because we use it in electronics. But more electronics are made woth silver or cheaper metal lately. So it might not stay valuable.

Btc will

HatakeKakashi

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Quote from: ArnoldChippy on May 09, 2017, 06:26:43 PM

Quote from: Osarman on May 09, 2017, 03:29:03 PM

Quote from: anewbie on May 09, 2017, 11:36:44 AM

I think BTC is better than Gold. BTC can raise up to 10k Dollar Gold not.

yeah a lot of people prefer that holding of bitcoin is much more better than holding of gold and gold value is on one position and one year before i invest my some money in gold and some money i invest in bitcoin and now gold give me 2% or 3% profit and bitcoin bitcoin give me 150% profit mean my bitcoin value is now triple.

in fact by holding gold you can only save your money, but it cannot give you a good profit. while investing in bitcoin, as the price of bitcoin is expecting to increase more and more so it can give me a good profit after some time, therefore i will also prefer to trade bitcoin instead of trading gold.

if you want to safe investment I suggest to you invest gold because the price is stable and it will increase day by day. I dont think so gold cannot give good profit what is you have many gold and for sample you invest 1million dollars in gold the price after 1 month increase 1 percent only if you see your profit is big it depends also on your investment. In bitcoin you can get a lot of money even your money is not big because the price of bitcoin increasing day by day so its better if you choose bitcoin and gold. And the decision is you if you invest in bitcoin or gold.

Wintersoldier

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Quote from: zodiac3011 on December 16, 2015, 09:21:14 AM

Well in my opinion, bitcoin will never be equal to gold because gold has physical value and represents for the whole economy while bitcoin is just numbers. One possibility for that to happen is we lose all our gold

Look at the scale of gold and bitcoin. Gold is a natural resources it means that the stock of gold in our earth is limited and might ran out. So for now the value of gold just depends on the karat or the value of gold. But for now gold reserved and stock is okay because gold follows the cycle which can brings the value of gold with a matter of time. In bitcoin it is provided by the power of the development of the technology brought by its developers and its community support. So its better to hold bitcoin because its always follow the principle of law and price and demand which the changes of bitcoin price depends on the community supports or how users used bitcoin on their daily basis in life.

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Quote from: ArnoldChippy on May 09, 2017, 06:26:43 PM

Quote from: Osarman on May 09, 2017, 03:29:03 PM

Quote from: anewbie on May 09, 2017, 11:36:44 AM

I think BTC is better than Gold. BTC can raise up to 10k Dollar Gold not.

yeah a lot of people prefer that holding of bitcoin is much more better than holding of gold and gold value is on one position and one year before i invest my some money in gold and some money i invest in bitcoin and now gold give me 2% or 3% profit and bitcoin bitcoin give me 150% profit mean my bitcoin value is now triple.

in fact by holding gold you can only save your money, but it cannot give you a good profit. while investing in bitcoin, as the price of bitcoin is expecting to increase more and more so it can give me a good profit after some time, therefore i will also prefer to trade bitcoin instead of trading gold.

This is the advantage of being in the bitcoin. Where when we have the right way, can give you a great advantage. Investing is a very lucrative way for all the people that are in the bitcoin, where prices are fluctuating and it gives the bitcoin advantage to those who already understand the analysis in the economic turnaround. And one thing you must have is patience, where only the patience will win get many advantages

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