Topic: Holdings of gold vs Holdings of btc - page 60. (Read 62794 times)
Holdings in gold will last forever because it has gained trust of people for thousands of years. Bitcoin is only known for last 8 years. Gold is accepted every where through out the world but bitcoin is only accepted in some countries.
There will be no significant differences between holding gold and btc.
No there are a lot of differences like we need more security measurements for holding gold in physical format (now a days digital format gold is also available, still considering only physical gold due to its reputation for saving). To secure bitcoin we just need some strong passwords and some encryption procedures.
Other than these storing aspects, returns on investment will be more with bitcoin compared to gold investments.
There will be no significant differences between holding gold and btc.
No there are a lot of differences like we need more security measurements for holding gold in physical format (now a days digital format gold is also available, still considering only physical gold due to its reputation for saving). To secure bitcoin we just need some strong passwords and some encryption procedures.
Other than these storing aspects, returns on investment will be more with bitcoin compared to gold investments.
Many people around the globe use bitcoin not as a currency, but as an investment whereas gold is being used since ancient times as a currency and of course to store the value of their assets. For us to reach the same user base of gold, it might take a hundred years or more maybe it will not happen forever since even if many trust bitcoin around the globe, most of the world's population don't know it and don't trust it yet.
Those who consider bitcoin as sort of investment or digital assets/property is not only by an individual or people but also many governments, as for example is USA which have made a regulation regarding to bitcoin and they consider bitcoin as a digital assets. but i don't agree that gold is getting used as a currency for now, if it was many centuries ago it's right but for now gold is considered as investment just like what bitcoin doesSo, it is always going to be there and the price is stable compared to the bitcoin that the price is constantly changing, you can save bitcoin but only for the short term.
Many people around the globe use bitcoin not as a currency, but as an investment whereas gold is being used since ancient times as a currency and of course to store the value of their assets. For us to reach the same user base of gold, it might take a hundred years or more maybe it will not happen forever since even if many trust bitcoin around the globe, most of the world's population don't know it and don't trust it yet.
Those who consider bitcoin as sort of investment or digital assets/property is not only by an individual or people but also many governments, as for example is USA which have made a regulation regarding to bitcoin and they consider bitcoin as a digital assets. but i don't agree that gold is getting used as a currency for now, if it was many centuries ago it's right but for now gold is considered as investment just like what bitcoin doesSo, it is always going to be there and the price is stable compared to the bitcoin that the price is constantly changing, you can save bitcoin but only for the short term.
Many people around the globe use bitcoin not as a currency, but as an investment whereas gold is being used since ancient times as a currency and of course to store the value of their assets. For us to reach the same user base of gold, it might take a hundred years or more maybe it will not happen forever since even if many trust bitcoin around the globe, most of the world's population don't know it and don't trust it yet.
Those who consider bitcoin as sort of investment or digital assets/property is not only by an individual or people but also many governments, as for example is USA which have made a regulation regarding to bitcoin and they consider bitcoin as a digital assets. but i don't agree that gold is getting used as a currency for now, if it was many centuries ago it's right but for now gold is considered as investment just like what bitcoin doesSo, it is always going to be there and the price is stable compared to the bitcoin that the price is constantly changing, you can save bitcoin but only for the short term.
There will be no significant differences between holding gold and btc.
No there are a lot of differences like we need more security measurements for holding gold in physical format (now a days digital format gold is also available, still considering only physical gold due to its reputation for saving). To secure bitcoin we just need some strong passwords and some encryption procedures.
Other than these storing aspects, returns on investment will be more with bitcoin compared to gold investments.
Many people around the globe use bitcoin not as a currency, but as an investment whereas gold is being used since ancient times as a currency and of course to store the value of their assets. For us to reach the same user base of gold, it might take a hundred years or more maybe it will not happen forever since even if many trust bitcoin around the globe, most of the world's population don't know it and don't trust it yet.
Those who consider bitcoin as sort of investment or digital assets/property is not only by an individual or people but also many governments, as for example is USA which have made a regulation regarding to bitcoin and they consider bitcoin as a digital assets. but i don't agree that gold is getting used as a currency for now, if it was many centuries ago it's right but for now gold is considered as investment just like what bitcoin does
Many people around the globe use bitcoin not as a currency, but as an investment whereas gold is being used since ancient times as a currency and of course to store the value of their assets. For us to reach the same user base of gold, it might take a hundred years or more maybe it will not happen forever since even if many trust bitcoin around the globe, most of the world's population don't know it and don't trust it yet.
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?
Still now many people don't know about bitcoin but when compared to bitcoin, gold has large user base because it is real time environment when compared to bitcoin. Bitcoin is not completely accepted by people because it is completely digital currency. It will take lot of time to get more user community for bitcoin firstly government should legalize bitcoin. Than many people start buying bitcoin in this way there will be more demand for the gold and bitcoin. Right many people have same thought that bitcoin will become one of most wanted commodity like gold.
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 am afraid that Bitcoin will never manage to attract as many users as gold. Gold is being used by billions of individuals around the world, as an asset. Bitcoin will never be able to attract that many users.
i think bitcoin will manage to attract new user, and its not bitcoin itself which is do, but its because of bitcoin user that introduce bitcoin into other user so other user is attract to use bitcoin. but yes gold is more famous than bitcoin because gold is already know as a good investment for so long ago, and now they can make investment with bitcoin and i bet, if they know how much the price now, they will be shock that see the price of bitcoin is higher than gold.
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 am afraid that Bitcoin will never manage to attract as many users as gold. Gold is being used by billions of individuals around the world, as an asset. Bitcoin will never be able to attract that many users.
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 am afraid that Bitcoin will never manage to attract as many users as gold. Gold is being used by billions of individuals around the world, as an asset. Bitcoin will never be able to attract that many users.
Gold has value whatever state the world is in. Btc needs a heck of a lot of infrastructure to even exist. Come the impending zombie apocalypse, I know where I am keeping my money.
Although bitcoin is new consept of currency but it could be good investment because the volatility could make us get really big profit, if we smart. A lot of country were regulate bitcoin so I think saving bitcoin is good enough. There will be no significant differences between holding gold and btc. Both may fetch us good returns in long run. But, it is proven bitcoin will outperform gold in terms of higher returns.
Gold has value whatever state the world is in. Btc needs a heck of a lot of infrastructure to even exist. Come the impending zombie apocalypse, I know where I am keeping my money.
Although bitcoin is new consept of currency but it could be good investment because the volatility could make us get really big profit, if we smart. A lot of country were regulate bitcoin so I think saving bitcoin is good enough. 
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 am afraid that Bitcoin will never manage to attract as many users as gold. Gold is being used by billions of individuals around the world, as an asset. Bitcoin will never be able to attract that many users.
Though bitcoin has got less users right now, the potential will take it high. Gold has a very long history to get such a large number of users. So bitcoin is very young to reach a position similar to gold. Bitcoin could have grown much than now, if bitcoin have got a physical space similar to gold.
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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 am afraid that Bitcoin will never manage to attract as many users as gold. Gold is being used by billions of individuals around the world, as an asset. Bitcoin will never be able to attract that many users.
holding gold will not give you a lot profit basically gold is an investment that allows you to save your money remains safe (keep) if you want hold btc you should be ready to risk because bitcoin movement is influenced by supply and demand can give a profit and losses
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 am afraid that Bitcoin will never manage to attract as many users as gold. Gold is being used by billions of individuals around the world, as an asset. Bitcoin will never be able to attract that many users.
Gold has value whatever state the world is in. Btc needs a heck of a lot of infrastructure to even exist. Come the impending zombie apocalypse, I know where I am keeping my money.
Bitcoin only needs blockchain to exist. All these exchangers were established after a while when people were already mining bitcoins. Bitcoin used to be a P2P currency but we have exchanger now but that doesn't need that we need those for bitcoin to exist.In a zombie apocalypse, gold and bitcoin (or any currency) would be both invaluable. What would be valuable are guns, foods, shelter, safe place, cure for the virus, etc. You can't eat either gold or bitcoin. It's not a means for survival. People wouldn't be needing luxurious stuffs (gold necklace, etc.) when there's a zombie apocalypse.
(I watched the Walking Dead right from the start so yeahhh.)
since bitcoin or gold is not a primary needs then yeaaa in such situation both will just worthless.
people consider gold not as payment system anymore while bitcoin it is, so just better to hold bitcoin you can spend it.
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