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Topic: Holdings of gold vs Holdings of btc - page 58. (Read 62760 times)

hero member
Activity: 1022
Merit: 511
January 21, 2017, 04:41:55 PM
The number of gold holders is obviously higher than the number of bitcoin holders. There are 2,5 millions of people who use bitcoin, but not everyone keep their money in this crypto currency, many people just make bitcoins and cash it out to cover their costs. So let's say that there is just 1 million of people who invest in bitcoin with expectations and many millions of people who keep their extra money in gold, cause of it's more stable.

Where did you come up with that 2.5 million figure? Do you have any proof to back that up. I think its much lower. Maybe around 1 million bitcoin holders or less.
You got any proof for your claiming of 1 million bitcoin adopters ? I'm sure you also will not be having anything to back up your self.

Obviously there would be more adopters for gold than bitcoin adopters still we must consider the age of bitcoin against gold. Gold is known and being used for centuries whereas bitcoin is just eight years old.

I prefer holding only bitcoins as per the demand of digital life.
sr. member
Activity: 378
Merit: 250
January 21, 2017, 04:32:08 PM
The number of gold holders is obviously higher than the number of bitcoin holders. There are 2,5 millions of people who use bitcoin, but not everyone keep their money in this crypto currency, many people just make bitcoins and cash it out to cover their costs. So let's say that there is just 1 million of people who invest in bitcoin with expectations and many millions of people who keep their extra money in gold, cause of it's more stable.
actually no one know the history of gold that from where it started, but bitcoin a new currency just a history of 7 or 8 years. i think still not more that 1% people are using bitcoin, but if we look the adoption graph i think bitcoin users are increasing day by day and hope that very soon the number of bitcoin holder will exceed the number of Gold holder. and the main reason is that bitcoin price is increasing and giving so many other opportunities of making money.
I agree with you bro there is no one know the history of gold where it started. But bitcoin started 2009 and its 7-8 years from now. Why the price of bitcoin is increasing everyday and every month because day by day many people trust , knowing, and investing to the bitcoin. Holding of bitcoin is good because your money have potential to increase . many country ate accepted bitcoin now and partners are is made . so hold and buy bitcoin and wait the price to increase and then sell to make big Big profit. it's not late invest now
yes that is right to say that people are investing their money inn bitcoin noncontinuous  because they want to make more and more money. and bitcoin is the best option for them. through bitcoin they can really make good profit.
hero member
Activity: 713
Merit: 501
January 21, 2017, 10:02:27 AM
The number of gold holders is obviously higher than the number of bitcoin holders. There are 2,5 millions of people who use bitcoin, but not everyone keep their money in this crypto currency, many people just make bitcoins and cash it out to cover their costs. So let's say that there is just 1 million of people who invest in bitcoin with expectations and many millions of people who keep their extra money in gold, cause of it's more stable.

Where did you come up with that 2.5 million figure? Do you have any proof to back that up. I think its much lower. Maybe around 1 million bitcoin holders or less.

I don't think he has some proof to back it up. Even if he does, I don't think it's reliable/accurate/precise. I also think that we're less than a million. There's definitely no way to find out how many of us really are, though. There are people that using bitcoins but aren't in this forum. There's just no common point in all the bitcoin users except for blockchain. But people have more than one bitcoin wallet in blockchain.
hero member
Activity: 1834
Merit: 523
January 21, 2017, 07:39:31 AM
The number of gold holders is obviously higher than the number of bitcoin holders. There are 2,5 millions of people who use bitcoin, but not everyone keep their money in this crypto currency, many people just make bitcoins and cash it out to cover their costs. So let's say that there is just 1 million of people who invest in bitcoin with expectations and many millions of people who keep their extra money in gold, cause of it's more stable.
actually no one know the history of gold that from where it started, but bitcoin a new currency just a history of 7 or 8 years. i think still not more that 1% people are using bitcoin, but if we look the adoption graph i think bitcoin users are increasing day by day and hope that very soon the number of bitcoin holder will exceed the number of Gold holder. and the main reason is that bitcoin price is increasing and giving so many other opportunities of making money.
I agree with you bro there is no one know the history of gold where it started. But bitcoin started 2009 and its 7-8 years from now. Why the price of bitcoin is increasing everyday and every month because day by day many people trust , knowing, and investing to the bitcoin. Holding of bitcoin is good because your money have potential to increase . many country ate accepted bitcoin now and partners are is made . so hold and buy bitcoin and wait the price to increase and then sell to make big Big profit. it's not late invest now
MMA
legendary
Activity: 1134
Merit: 1000
January 21, 2017, 03:13:38 AM
The number of gold holders is obviously higher than the number of bitcoin holders. There are 2,5 millions of people who use bitcoin, but not everyone keep their money in this crypto currency, many people just make bitcoins and cash it out to cover their costs. So let's say that there is just 1 million of people who invest in bitcoin with expectations and many millions of people who keep their extra money in gold, cause of it's more stable.
actually no one know the history of gold that from where it started, but bitcoin a new currency just a history of 7 or 8 years. i think still not more that 1% people are using bitcoin, but if we look the adoption graph i think bitcoin users are increasing day by day and hope that very soon the number of bitcoin holder will exceed the number of Gold holder. and the main reason is that bitcoin price is increasing and giving so many other opportunities of making money.
legendary
Activity: 1862
Merit: 1046
January 21, 2017, 02:59:09 AM
Most people always believe in what they have and can hold, BTC story to most people is virtual and they find it difficult to believe the story, but for me I will go for BTC because the potential is huge unlike GOld that the price manipulation is killing the price.

yes, there are still many people who think virtual world could not get something more. But if they know about bitcoin I think they would be interested to holding it. examples such as my family are usually investing in gold, after I introduce bitcoin they are interested in and try to buy and hold bitcoin.
 
Honestly its not easy to introduce bitcoin by many people because some people are thinking that bitcoin is scam so not a bright idea if we just introduce bitcoin for the price increase they are looking for a good benefits i think the basic one is introduce bitcoin that it is the fastest way to send money world wide than remittances so that they know the advantage.. also here in my country we can use bitcoin to pay for our bills like electric bill or internet bill or any house bills. .
The part in gold is good for those who can buy many golds the interest is stable but it is not so safe if you are just holding it in your house..
Yes indeed, it is difficult to introduce bitcoin to those who are indeed rarely active on the internet and them that never earn money from the internet.
but some of my friends are usually playing online business will be easily understood when I introduced bitcoin. and about my family why they believe? because I have been guaranteed that at least will make a profit.
member
Activity: 98
Merit: 10
I purchase Robert DeNiro Memorabilia
January 20, 2017, 05:42:01 PM
The number of gold holders is obviously higher than the number of bitcoin holders. There are 2,5 millions of people who use bitcoin, but not everyone keep their money in this crypto currency, many people just make bitcoins and cash it out to cover their costs. So let's say that there is just 1 million of people who invest in bitcoin with expectations and many millions of people who keep their extra money in gold, cause of it's more stable.

Where did you come up with that 2.5 million figure? Do you have any proof to back that up. I think its much lower. Maybe around 1 million bitcoin holders or less.
sr. member
Activity: 294
Merit: 250
January 20, 2017, 11:31:58 AM
The number of gold holders is obviously higher than the number of bitcoin holders. There are 2,5 millions of people who use bitcoin, but not everyone keep their money in this crypto currency, many people just make bitcoins and cash it out to cover their costs. So let's say that there is just 1 million of people who invest in bitcoin with expectations and many millions of people who keep their extra money in gold, cause of it's more stable.
legendary
Activity: 1638
Merit: 1046
January 20, 2017, 11:21:22 AM
Most people always believe in what they have and can hold, BTC story to most people is virtual and they find it difficult to believe the story, but for me I will go for BTC because the potential is huge unlike GOld that the price manipulation is killing the price.

yes, there are still many people who think virtual world could not get something more. But if they know about bitcoin I think they would be interested to holding it. examples such as my family are usually investing in gold, after I introduce bitcoin they are interested in and try to buy and hold bitcoin.
 
Honestly its not easy to introduce bitcoin by many people because some people are thinking that bitcoin is scam so not a bright idea if we just introduce bitcoin for the price increase they are looking for a good benefits i think the basic one is introduce bitcoin that it is the fastest way to send money world wide than remittances so that they know the advantage.. also here in my country we can use bitcoin to pay for our bills like electric bill or internet bill or any house bills. .
The part in gold is good for those who can buy many golds the interest is stable but it is not so safe if you are just holding it in your house..
hero member
Activity: 3010
Merit: 629
January 20, 2017, 11:07:30 AM
Why do you still doubt the gold? When there is an offer which said a better investment than gold, of course that it is only temporary. Wherever, whenever and however the gold will be accepted anyone.
Its good to hold gold for long time that is really profitable because the value of it increases as time passes by but it will take a long time, its good asset to keep. btc is good to hold as well i earned recently because of the price high its really worth it.
full member
Activity: 224
Merit: 100
January 20, 2017, 11:02:47 AM
Why do you still doubt the gold? When there is an offer which said a better investment than gold, of course that it is only temporary. Wherever, whenever and however the gold will be accepted anyone.
legendary
Activity: 1862
Merit: 1046
January 20, 2017, 09:03:31 AM
Most people always believe in what they have and can hold, BTC story to most people is virtual and they find it difficult to believe the story, but for me I will go for BTC because the potential is huge unlike GOld that the price manipulation is killing the price.

yes, there are still many people who think virtual world could not get something more. But if they know about bitcoin I think they would be interested to holding it. examples such as my family are usually investing in gold, after I introduce bitcoin they are interested in and try to buy and hold bitcoin.
 
hero member
Activity: 658
Merit: 500
January 20, 2017, 08:20:54 AM
Most people always believe in what they have and can hold, BTC story to most people is virtual and they find it difficult to believe the story, but for me I will go for BTC because the potential is huge unlike GOld that the price manipulation is killing the price.
hero member
Activity: 1022
Merit: 500
January 20, 2017, 07:40:58 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?

There is a big difference between Bitcoin and Gold. Gold manually is very hard to mine, you will need manpower, machineries, and heavy equipment and lastly millions of capital before having it which is gold. while in bitcoin is not, all you need is laptop or desktop, or if you are can't afford type of a person you can buy bitcoin mining machines. Hassle is free, convenient, secure, and very safe.
sr. member
Activity: 343
Merit: 250
January 20, 2017, 05:53:22 AM
Gold is a valuable material that is store for it value,countries store gold as assets which is highly valuable. it values rises with higher demands which can be use to make expensively jewelries and ornaments. but bitcoin cannot be converted to any physical ornaments like Gold
hero member
Activity: 966
Merit: 506
January 20, 2017, 04:43:42 AM
There will be no significant differences between holding gold and btc.

The very simple and clear difference is if you hold gold you can be more satisfied as you wont need to be worried if the price will decrease or anything like that might happen while you may not earn too much profit in that.
But if you are holding bitcoins then you will be quite worried as it is volatile but at the end you can comparatively earn more profits than gold.

This suggestion has been given numerous times on this forum. What i feel is both the options are good in some way or the other. What i will suggest invest in both of them and hold both of them too to get the benefit of Gold + Bitcoins.  Of course first you need to have a lot of Fiat to buy considerable amount of Gold or Fiat .

Keep Both  Grin
legendary
Activity: 1946
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
January 20, 2017, 03:35:47 AM
I still trust holding bitcoin will give more profit. The gold moving so slowly that it made me feel free to continue to buy gold. Instead I sell my gold to buy bitcoin.
You should better learn how to write English more appropriate. Your grammar is terrible. yeah I agree that holding Bitcoin will give an opportunity to earn more profit than holding gold since it is new and helps people a lot. In fact, holding gold is not as profitable as it used to because gold is becoming more stable than ever.
full member
Activity: 238
Merit: 100
January 20, 2017, 03:22:19 AM
I still trust holding bitcoin will give more profit. The gold moving so slowly that it made me feel free to continue to buy gold. Instead I sell my gold to buy bitcoin.
hero member
Activity: 2996
Merit: 524
Leading Crypto Sports Betting & Casino Platform
January 20, 2017, 03:11:55 AM
Gold is finished, gold is dead. Everyone's money should be in btc, ltc doge and vidz.

Gold still has value since it is a precious metal that is used in many industries.
But what if someone finds a way to synthesize it? I've read about bacteria that can produce gold in very small quantities. Also, there may be large pockets of gold just waiting to be found and an emergence of such pocket due to an earthquake for instance might crash the prices. Gold may look like a solid investment, but you never know...
Nothing is certain in this world, gold may be the most valuable commodity fiat now but the future cannot be predicted and bitcoin has the potential to be very popular and will grow its value. Holding both would be great but if it's not possible, choose the one that you feel would be more valuable in the future. Since, we are positive about bitcoin's future, in that sense, I can always recommend bitcoin.
Yeah nothing is certain in this world but if you can do some research about things which you were talking about then you could predict its future and getting enlighten about how its future will be going.
holding both might be a disaster because keeping two things in the same time might be really hard, if i honestly better go all in.
sr. member
Activity: 924
Merit: 260
January 20, 2017, 03:05:03 AM
Holders of gold will be more higher than holders of bitcoin. Most countries central bank used gold as capital reserves. Bitcoin is a child before a full growth man compared to gold. Gold has been in existence from the time immemorial and it market value keep on increasing. Bitcoin price from inception keeps fluctuating because of manipulation from major exchangers. But if countries legalize bitcoin in years to come expect it to be the best investment of our time because, of its decentralization.
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