Holdings of gold vs Holdings of btc - page 64.

Babayega31

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Quote from: molsewid on December 26, 2016, 08:28:45 PM

always mark up on your mind that bitcoin could not beat gold because since our native family time line gold is the most precious they can have because it has a large value.. if you compare bitcoin to gold.. gold has a appearance which you can see a beautiful shiny gold while bitcoin is just a crypto currency and still not that popular and we still have a few users..

That would be wrong idea for bitcoin, although gold is popular but its not gaining more demand rather than bitcoin. My reason is there is more alternatives that can substitute its fashion demand like silver and bronze which declines the gold demand. Unlike bitcoin a cryptocurrency is now boosting its popularity specially to those who trades altcoins and are also in demand with a lots of sports betting sites. Bitcoin holdings is much better than gold nowadays because bitcoin price aims higher from time to time and brings good profit to sellers online.

molsewid

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always mark up on your mind that bitcoin could not beat gold because since our native family time line gold is the most precious they can have because it has a large value.. if you compare bitcoin to gold.. gold has a appearance which you can see a beautiful shiny gold while bitcoin is just a crypto currency and still not that popular and we still have a few users..

BeGoods

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Quote from: nara1892 on December 26, 2016, 07:36:02 PM

Quote from: helloeverybody on December 16, 2015, 09:26:32 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?

here in my country, there a lots of people who do not know about bitcoin because no many people who promote it. besides, bitcoin is not very legal here. so I think there are a lots of people who are holding gold than those who are holding bitcoin.

for though bitcoin users or people who already know about bitcoin I'm sure some of them must have been or are being detained and investing in gold. bitcoin profitable but someone also will require a secure investment as well. ie with gold

nara1892

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Quote from: helloeverybody on December 16, 2015, 09:26:32 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?

here in my country, there a lots of people who do not know about bitcoin because no many people who promote it. besides, bitcoin is not very legal here. so I think there are a lots of people who are holding gold than those who are holding bitcoin.

SvenBomvolen

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I`m sure someone posted same article, cause I saw thread about this. http://www.forbes.com/sites/panosmourdoukoutas/2016/12/09/is-bitcoin-better-than-gold/#19664a357c14 "Bitcoin has been beating gold by a big margin so far this year." This is the best answer on this question, there is no doubt about that, even forbes confirm that in their article.
Holding bitcoins is better then holding gold, with current potential bitcoin can touch the sky, gold will be where it was always on same on peoples bodies like finery, where it should be.

soham

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I am sure that your holding of bitcoin must have outpaced gold. So you see for yourself, which one is a better investment destination. Also the gold price is coming down worldwide. On the other hand, bitcoin price is increasing day by day.

Gold has some tangible value which bitcoin does not have. That is the only place where god is beating bitcoin. Otherwise I do not see any other reason to invest in gold leaving bitcoin behind.

rajasumi3

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I think it will be better if we hold of bitcoins .as in the near future when bitcoins will be the digital cryptocurrency all ivet the globe u l have more power than other people who have fiat and is it not cool to posses bitcoins.

sabbirshm

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Quote from: helloeverybody on December 16, 2015, 09:26:32 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 will hold bitcoin in a cold wallet.Because bitcoin price is increasing rapidly and its future is very good and strong.I can use my bitcoin anytime when i am on emergency.But with gold it is not so secure like bitcoin.I have to wait a long time for its price rising.Again,I cant use my gold all the time.So,thats why i like to hold bitcoin rather than hold gold.

Xenophoto

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Quote from: Oralmat on December 22, 2016, 11:23:00 AM

Its hard to say when we can see the same support coming up for bitcoin as enjoyed by gold. Gold is precious now, but if someone discover or invents a method to create gold, then its value can crash. In olden days, Roman used salt because salt as currency as it was scare and valuable. Nobody would use salt as currency now as it can be made.
Perhaps one day gold may face the same issue, but not bitcoin as bitcoin is capped at 21 million.

Gold is precious right now and it will always be in the future. The technology has stepped up its game for years now and there's still no one that's creating a lot of gold out of a "method". We can only mine it. Gold is a natural resource and I don't think there would ever be a way to make one out of something that doesn't have gold elements. Salt, on the other hand, is just a processed sea-water or salt water.

Please, you can't just compare one thing to another and then come up to a conclusion. Gold and salt are two different things.

Oralmat

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Quote from: Carlsen on December 17, 2016, 12:16:20 PM

Quote from: talkbitcoin on December 17, 2016, 05:35:18 AM

Quote from: Script3d on December 16, 2016, 04:57:02 AM

Quote from: coynedterm on December 16, 2016, 12:48:12 AM

Quote from: helloeverybody on December 16, 2015, 09:26:32 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 will suggest both but separately according to as what amount of money you want to invest in it .
If you are looking to invest small amount of money , about $500-1000 then You should go for Bitcoin but if you want to go for above $1k investment then gold will be better idea .

i dont take holding gold will be profitable since gold is stable , personally i will never use and hold gold , you can make alot of profit with bitcoin since its unstable unlike gold.

gold is also profitable, based on the time and so many other factors price of gold is also fluctuating which makes it profitable enough as an investment. besides it is mostly trading that makes all of these investments profitable, which means you buy on the dips and sell when price went up.

I think that gold is the save bet. I know not a single report that would say it will be worthless one day.
With bitcoin it's different. Bitcoin is risky, there are reports that say in five to ten years nobody is going to use bitcoin anymore.
But of course possible profit that can be generated with bitcoin is way bigger than with gold.

Its hard to say when we can see the same support coming up for bitcoin as enjoyed by gold. Gold is precious now, but if someone discover or invents a method to create gold, then its value can crash. In olden days, Roman used salt because salt as currency as it was scare and valuable. Nobody would use salt as currency now as it can be made.
Perhaps one day gold may face the same issue, but not bitcoin as bitcoin is capped at 21 million.

Kray

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The reason i still mining and trading bitcoin is to earn extra money to buy gold, or property

mladbab

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I thinking is better holding btc then gold. In a few years will price go more up.

d@nte

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Quote from: maydna on December 18, 2016, 04:16:32 AM

i am prefer and feel comfort to holdings of btc because i can handle and manage my bitcoin in my wallet, beside that i can use for my own purpose. but if i have much of money, then i will holdings of gold as we know, the gold price is stable and its a good investment for us. so for now, i will choose holdings of btc as i only have btc.

This is a good point, in addition to allow storing value in a more decentralized and secure manner, the costs to store this are smaller, and Bitcoin works not only as a way of storing value, but also as a way to send and receive payments with just a few clicks.

kryptqnick

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Gold is trusted more obviously because it has shown its strength within the whole history of humanity. Btc is too risky, because it is new and hasn't got some guarantees of it being worth anything. If you have gold you can be sure that you'll be able to sell it anywhere and anytime. Bitcoin, on the contrary, is illegal in some countries and quite unstable as well.

Mastsetad

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Quote from: maydna on December 18, 2016, 04:16:32 AM

i am prefer and feel comfort to holdings of btc because i can handle and manage my bitcoin in my wallet, beside that i can use for my own purpose. but if i have much of money, then i will holdings of gold as we know, the gold price is stable and its a good investment for us. so for now, i will choose holdings of btc as i only have btc.

Even if you have gold you can also manage them as they have physical shape so you can keep them somewhere safe where no one can find them and they cannot just disappear like bitcoin, because bitcoin is just a conceptual thing but it does not have any physical existence so there is always a possibility of bitcoin getting disappeared from web and we should know this always.

HaXX0R1337

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Quote from: RobertDeNiro on December 18, 2016, 09:35:23 AM

I hold 3% of my net worth in gold and about 2% in silver. About 50% in btc at this moment and the rest in the bank and real estate, stocks ect.

So you are trying to tell that you really are Robert De Niro with all these wealth. Since the values are just wage i cannot understand your total estimated wealth Cheesy

i do hold more gold than bitcoin because i am a late entrant in the bitcoin economy and since i am not a miner i do hold a few coins.

boyptc

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Quote from: DrGuns4Hands on December 18, 2016, 05:38:51 AM

Quote from: maydna on December 18, 2016, 04:16:32 AM

i am prefer and feel comfort to holdings of btc because i can handle and manage my bitcoin in my wallet, beside that i can use for my own purpose. but if i have much of money, then i will holdings of gold as we know, the gold price is stable and its a good investment for us. so for now, i will choose holdings of btc as i only have btc.

thats a good choice right there i would prefer to hold gold too if i have a lot of money because we all know that bitcoin is not stable as we are expecting compare to gold . gold is more stable than bitcoin and gold price also growing year by year. right now im saving all my bitcoin so i can invest it to gold too so ican make more profitable in that way.

I don't have choice either but to hold bitcoins, no one doesn't like gold but all of us are wanting to have it. But since there is an alternative type of gold investments, we can just simply use the new world's gold and that is digitized and being called bitcoin.

Quote from: RobertDeNiro on December 18, 2016, 09:35:23 AM

I hold 3% of my net worth in gold and about 2% in silver. About 50% in btc at this moment and the rest in the bank and real estate, stocks ect.

Good thing that you have those type of investments and that is securing that you will get decent profit in the right time.

hawkins

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if smothered in a very long time, maybe I choose gold. Gold is an investment that will clearly provide a high price in the future. but, if it was smothered in a short time, probably bitcoin will be a wiser choice than gold. Well, bitcoin has been specifically designed in order to make money in a short time.

RobertDeNiro

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I hold 3% of my net worth in gold and about 2% in silver. About 50% in btc at this moment and the rest in the bank and real estate, stocks ect.

talkbitcoin

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Quote from: Carlsen on December 17, 2016, 12:16:20 PM

Quote from: talkbitcoin on December 17, 2016, 05:35:18 AM

Quote from: Script3d on December 16, 2016, 04:57:02 AM

Quote from: coynedterm on December 16, 2016, 12:48:12 AM

Quote from: helloeverybody on December 16, 2015, 09:26:32 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 will suggest both but separately according to as what amount of money you want to invest in it .
If you are looking to invest small amount of money , about $500-1000 then You should go for Bitcoin but if you want to go for above $1k investment then gold will be better idea .

i dont take holding gold will be profitable since gold is stable , personally i will never use and hold gold , you can make alot of profit with bitcoin since its unstable unlike gold.

gold is also profitable, based on the time and so many other factors price of gold is also fluctuating which makes it profitable enough as an investment. besides it is mostly trading that makes all of these investments profitable, which means you buy on the dips and sell when price went up.

I think that gold is the save bet. I know not a single report that would say it will be worthless one day.
With bitcoin it's different. Bitcoin is risky, there are reports that say in five to ten years nobody is going to use bitcoin anymore.
But of course possible profit that can be generated with bitcoin is way bigger than with gold.

nobody knows these things about bitcoin for sure only because it is a new technology so you can't predict it based on the history it had. i bet it was exactly the same for many other markets too in the first 10 years of their existence. and bitcoin is growing right now and there is no reason for it to die in the next 5 years. 10 years is not sure but it will certainly take a lot for bitcoin to go down at this point.

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