Topic: Holdings of gold vs Holdings of btc - page 66. (Read 62760 times)
The number of people who hold their savings in gold is bigger than the number of people who choose bitcoin for the same target. Because of gold seems more trustworthy, it showed itself through the centuries and bitcoin is the new thing on the market and many people just afraid to put their savings in this newbie.
holding of gold would not be more profitable than bitcoins because theifs more aim at valuable gold and they dont know even about bitcoins .and if ur country says that u could not posses more than some amount of gold then u have to return that amount to the government ,well in that case bitcoins is better ,u can store them in cold wallet.
Theres no actual or precise statistics with this on how many people do store gold and bitcoins on their possesions. No one would know hence its an investments and never be shown or tell on public. Like gold its a precious metal and people would not really tend to tell anyone regarding on their holdings. Unlike bitcoin which is an anonymous thing and its really hard to tell the actual numbers of users worldwide.
Of course, otherwise they will get rob if they will let the public know. Even in bank they observed the bank secrecy law considering bankers know our holding and anytime they can divulge that if they wanted to violate the bank secrecy law. 
Theres no actual or precise statistics with this on how many people do store gold and bitcoins on their possesions. No one would know hence its an investments and never be shown or tell on public. Like gold its a precious metal and people would not really tend to tell anyone regarding on their holdings. Unlike bitcoin which is an anonymous thing and its really hard to tell the actual numbers of users worldwide.
Well, if you consider the fact that Gold is here for thousands of years, with high liquidity market, and strong user base, you'll realize that's something really hard to achieve. But the good thing is that Bitcoin has already a good network effect, with an ecosystem that expands every day.
Do you include gold jewelry holding gold? It is just a few ounce but it grows in value right? If you are just counting bars of gold, then the banks can tell you that. But there is no sense comparing bitcoin and gold anyway. They are different in almost all aspects. So if you can get hold of gold, then do so. If bitcoin, then hold on it too.
Jewelry also counts of course since it has Gold weight, but I personally don't see jewelry as an investment as you pay a much greater price than the metals are worth.Bitcoin and Gold offer quite similar features. To name up a few - Store of value, investment, currency, they are both being minted through doing intensive work, and the list goes on.
The users of both options might be different though. With Gold people are more focusing on a long term strategy, while people praise the volatility of Bitcoin as it allows them to enjoy short term profits.
Gold it is good only if you rich that you can invest a large amount of money that you can wait for a long time years. but in bitcoin the movement price of bitcoin is fast like this price right now from few days we seen price increase again..
Holding of bitcoin is much worthy compared to the holding of gold. The reason is that gold has got much popularity but it has a stabilized price. Because of the stabilized price profit earning is really hard but with bitcoin we can get assured profit because the price varies often.
To me, bitcoin and gold are similar in the way that they both are viewed as safe havens by many. Gold is, for sure, way more established as an investment vehicle as bitcoin is still in its early stages.
hold bitcoin today is probably better than gold hold. Well, the current price is already very high bitcoin than last month. bitcoin current price of almost $ 750, perhaps the end of bitcoin prices will actually reach $ 800, so this could be an investment in the short term profitable
Do you include gold jewelry holding gold? It is just a few ounce but it grows in value right? If you are just counting bars of gold, then the banks can tell you that. But there is no sense comparing bitcoin and gold anyway. They are different in almost all aspects. So if you can get hold of gold, then do so. If bitcoin, then hold on it too.
Jewelry also counts of course since it has Gold weight, but I personally don't see jewelry as an investment as you pay a much greater price than the metals are worth.Bitcoin and Gold offer quite similar features. To name up a few - Store of value, investment, currency, they are both being minted through doing intensive work, and the list goes on.
The users of both options might be different though. With Gold people are more focusing on a long term strategy, while people praise the volatility of Bitcoin as it allows them to enjoy short term profits.
Do you include gold jewelry holding gold? It is just a few ounce but it grows in value right? If you are just counting bars of gold, then the banks can tell you that. But there is no sense comparing bitcoin and gold anyway. They are different in almost all aspects. So if you can get hold of gold, then do so. If bitcoin, then hold on it too.
Holding of bitcoin is much worthy compared to the holding of gold. The reason is that gold has got much popularity but it has a stabilized price. Because of the stabilized price profit earning is really hard but with bitcoin we can get assured profit because the price varies often.
I think holding bitcoin is better than gold, the price movement of bitcoin is better than gold and then for now bitcoin is still free from tax and nobody can check my wealth, while gold is now being taxed by my government
Definitely I will go with holding my bitcoins, it's more profitable for me and that is based on experience. We have more room to grow our investing in bitcoin than in gold and that is something we are holding when investing with bitcoin. True, the risk is there but it's more on the calculated risk, you can also minimize that while increasing your chance to make profit.
I think holding bitcoin is better than gold, the price movement of bitcoin is better than gold and then for now bitcoin is still free from tax and nobody can check my wealth, while gold is now being taxed by my government
Definitely I will go with holding my bitcoins, it's more profitable for me and that is based on experience. We have more room to grow our investing in bitcoin than in gold and that is something we are holding when investing with bitcoin. True, the risk is there but it's more on the calculated risk, you can also minimize that while increasing your chance to make profit.Always I use both gold and Bitcoin. Both of these are good for their object. But there are nuances that need to be taken into account. You need to have experience in their use
I think holding bitcoin is better than gold, the price movement of bitcoin is better than gold and then for now bitcoin is still free from tax and nobody can check my wealth, while gold is now being taxed by my government
Definitely I will go with holding my bitcoins, it's more profitable for me and that is based on experience. We have more room to grow our investing in bitcoin than in gold and that is something we are holding when investing with bitcoin. True, the risk is there but it's more on the calculated risk, you can also minimize that while increasing your chance to make profit.
I think holding bitcoin is better than gold, the price movement of bitcoin is better than gold and then for now bitcoin is still free from tax and nobody can check my wealth, while gold is now being taxed by my government
Definitely I will go with holding my bitcoins, it's more profitable for me and that is based on experience. We have more room to grow our investing in bitcoin than in gold and that is something we are holding when investing with bitcoin. True, the risk is there but it's more on the calculated risk, you can also minimize that while increasing your chance to make profit.
I think holding bitcoin is better than gold, the price movement of bitcoin is better than gold and then for now bitcoin is still free from tax and nobody can check my wealth, while gold is now being taxed by my government
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?
Gold compare with bitcoin are not equal I thought, it will never be the same. There are plenty of gold more than bitcoin in number and more people trust value of gold as a good option to holdings even the value of bitcoin could extremely increases in one night though, so there will always more people holding gold than holding bitcoin. 
Holding bitcoin becouse the price will rise in te future. Bitcoin is really good to be an investment. So holding it is always profitable. Do not worry about the existance of bitcoin, becouse the price of bitcoin in the market is absolutely strong. Although is good too, but you need big capital for buy it. So I think the best is holding bitcoin.
i think holding of bitcoin is very much good and profitable than gold because bitcoin is very useful and bitcoin price is very high and stronger and we can use bitcoin in everywhere as currency and bitcoin can be use use as investment .
Holding of bitcoin is much more better than holding of gold because gold increasing its price too much slowly and bitcoin is very fast increasing its price so if you want to make a big profit then buy bitcoin and hold it for short term investment .
Jump to: