Holdings of gold vs Holdings of btc - page 69.

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Quote from: langedwig on June 25, 2016, 10:51:09 AM

Quote from: Woshib on June 25, 2016, 08:03:07 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?

Keeping Bitcoins may be more profitable in the long term to keep gold.
I do not think we have informations on the number of people using the Bitcoin or gold as an investment, but I think that looking at the number of member of a Bitcoin exchange website, we can have an idea of it.

The value of BTC really goes up and down in a short term than gold. We see a gradual growth of gold value. If we see the value of BTC for the past few days, it has gone down more and has come back to normal now. So BTC would provide a reasonable profit in short term. Of course, gold stays its own place in giving benefits constantly...

Gold is most trusted product to invest in, and it also holds maximum number of satisfied customers, and if a person who is looking for long term investment will prefer gold an not bitcoin.

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Quote from: Woshib on June 25, 2016, 08:03:07 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?

Keeping Bitcoins may be more profitable in the long term to keep gold.
I do not think we have informations on the number of people using the Bitcoin or gold as an investment, but I think that looking at the number of member of a Bitcoin exchange website, we can have an idea of it.

The value of BTC really goes up and down in a short term than gold. We see a gradual growth of gold value. If we see the value of BTC for the past few days, it has gone down more and has come back to normal now. So BTC would provide a reasonable profit in short term. Of course, gold stays its own place in giving benefits constantly...

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Quote from: Herbert2020 on June 25, 2016, 08:59:48 AM

Quote from: guoyu78 on June 25, 2016, 08:29:16 AM

Quote from: Woshib on June 25, 2016, 08:03:07 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?

Keeping Bitcoins may be more profitable in the long term to keep gold.
I do not think we have informations on the number of people using the Bitcoin or gold as an investment, but I think that looking at the number of member of a Bitcoin exchange website, we can have an idea of it.

the users of gold are much more in number than the users of bitcoin the reason is that gold is centuries older while bitcoin is only a few years older, with the passage of time when we support bitcoin more people will start to invest in bitcoin.

also gold has a physical form which anybody even those who are computer (technology) illiterate can understand it and trust it enough to invest in it. but since bitcoin is only a digital currency with no physical form it is a little harder to understand and trust especially for those old timer investors.

Older generation will never invest their money in bitcoin, they will go with gold for making investments, as bitcoin is complicated to them, and its really new and they are not aware how to use it.

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Quote from: Woshib on June 25, 2016, 08:03:07 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?

Keeping Bitcoins may be more profitable in the long term to keep gold.
I do not think we have informations on the number of people using the Bitcoin or gold as an investment, but I think that looking at the number of member of a Bitcoin exchange website, we can have an idea of it.

Both of them can be profitable in the long run but if you dont have time to see the trading on daily or weekly basis then you should invest in Gold as its growth is slow and steady.

Herbert2020

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Quote from: guoyu78 on June 25, 2016, 08:29:16 AM

Quote from: Woshib on June 25, 2016, 08:03:07 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?

Keeping Bitcoins may be more profitable in the long term to keep gold.
I do not think we have informations on the number of people using the Bitcoin or gold as an investment, but I think that looking at the number of member of a Bitcoin exchange website, we can have an idea of it.

the users of gold are much more in number than the users of bitcoin the reason is that gold is centuries older while bitcoin is only a few years older, with the passage of time when we support bitcoin more people will start to invest in bitcoin.

also gold has a physical form which anybody even those who are computer (technology) illiterate can understand it and trust it enough to invest in it. but since bitcoin is only a digital currency with no physical form it is a little harder to understand and trust especially for those old timer investors.

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Quote from: Woshib on June 25, 2016, 08:03:07 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?

Keeping Bitcoins may be more profitable in the long term to keep gold.
I do not think we have informations on the number of people using the Bitcoin or gold as an investment, but I think that looking at the number of member of a Bitcoin exchange website, we can have an idea of it.

the users of gold are much more in number than the users of bitcoin the reason is that gold is centuries older while bitcoin is only a few years older, with the passage of time when we support bitcoin more people will start to invest in bitcoin.

Woshib

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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?

Keeping Bitcoins may be more profitable in the long term to keep gold.
I do not think we have informations on the number of people using the Bitcoin or gold as an investment, but I think that looking at the number of member of a Bitcoin exchange website, we can have an idea of it.

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Quote from: michietn94 on June 22, 2016, 10:31:50 AM

Gold holder are greater than bitcoin holder since bitcoin has unpredictable value.
As you can see the fact that bitcoin value decrease suddenly within a week and it never happen on gold ( keep stable usually )

You can also see that the price of bitcoin increases much faster than gold price so the drop down also occurred according to its speed, so seeing at this we can say that the same occur in gold price also like the gold increases at snail speed and decreases at snail speed.

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I would say it's better to hold bitcoin, because of the fluctuating prices can make you earn huge profits.
although it is difficult to predict, when prices will rise higher and it sometimes takes a long time. but still I would choose bitcoin

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Quote from: Lucas* on June 24, 2016, 10:53:23 AM

i think because Gold has the highest value for all financer product , and everythings will be compared with the valeur of gold .
and holdings of bitcoins will be better than holdings of gold because the profit of holdings bitcoin is more than the profit of holdings gold.

of course hold bitcoin is still better than on hold gold. indeed gold has a high price, and there is a possibility the price will rise in the future. but it is also the advantages of bitcoin, even you could produce it more in a short time if you have some expertise as trading. I would suggest to hold bitcoin than gold

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i think because Gold has the highest value for all financer product , and everythings will be compared with the valeur of gold .
and holdings of bitcoins will be better than holdings of gold because the profit of holdings bitcoin is more than the profit of holdings gold.

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Quote from: pitham1 on June 22, 2016, 11:54:43 AM

Quote from: michietn94 on June 22, 2016, 10:31:50 AM

Gold holder are greater than bitcoin holder since bitcoin has unpredictable value.
As you can see the fact that bitcoin value decrease suddenly within a week and it never happen on gold ( keep stable usually )

People want something which can retain value in the long run. That is one reason why bitcoin and gold may be purchased, since both have limited supply. The short term price movements in Bitcoin really don't matter.

Yes, it is true for long term we can expect a much bigger profit from holding bitcoins which will be more better than the profit we can get in that period from gold, so the better is that we hold bitcoin.

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Quote from: michietn94 on June 22, 2016, 10:31:50 AM

Gold holder are greater than bitcoin holder since bitcoin has unpredictable value.
As you can see the fact that bitcoin value decrease suddenly within a week and it never happen on gold ( keep stable usually )

Gold holders are more in number than bitcoin holders not because that bitcoin price is unpredictable, but the actual reason is that 100% of the world population know about gold but bitcoin is only a few years old and only a minimum number of people know about that.

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Quote from: avw1982 on June 22, 2016, 11:33:43 PM

Quote from: GamingBro on June 22, 2016, 03:37:00 PM

Bitcoins is much risky, cause you will never know when price will drop like yesturday on 10%, gold is much more better in this case cause trusted and time tested.

holding gold for long term is not even that good, gold is only good to hold for something securing maybe your funds, if you don't want to put them under your pillow
bitcoin has a higher chance to grow in the future, so if you want to hold something to increase your money for the future that should be Bitcoin. Before you telling this price dip you have to know halving as well.

Because of its volatility, bitcoin also has a higher chance of the price declining while gold will steadily hold value for years to come, carrying with it the stability it has had for a long time. We can all decide what we want to have based on our risk appetites and how long we intend on keeping them.

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Quote from: michietn94 on June 22, 2016, 10:31:50 AM

Gold holder are greater than bitcoin holder since bitcoin has unpredictable value.
As you can see the fact that bitcoin value decrease suddenly within a week and it never happen on gold ( keep stable usually )

In some points gold is better and at some bitcoin is better, gold is mostly stable and the price of gold is stable, which make it better somehow. and meanwhile bitcoin's price is like a crazy donkey. Grin

one day you see there is 100$ increased and second day you see it dropped 200$.. but if you ask me. I would say this is the real beauty of bitcoin. if bitcoin price also would be that stable as gold then there is no any thrill and joy using bitcoin.
and bitcoin is ideal for a trader. it is the currency of trading actually.

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Quote from: GamingBro on June 22, 2016, 03:37:00 PM

Bitcoins is much risky, cause you will never know when price will drop like yesturday on 10%, gold is much more better in this case cause trusted and time tested.

holding gold for long term is not even that good, gold is only good to hold for something securing maybe your funds, if you don't want to put them under your pillow
bitcoin has a higher chance to grow in the future, so if you want to hold something to increase your money for the future that should be Bitcoin. Before you telling this price dip you have to know halving as well.

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Quote from: GamingBro on June 22, 2016, 03:37:00 PM

Bitcoins is much risky, cause you will never know when price will drop like yesturday on 10%, gold is much more better in this case cause trusted and time tested.

We can't deny that bitcoin is really risky. But there are lot of opportunities on it that you can work for. If you are just going to realize how bitcoi works properly with the things you are going to invest to it.
For sure, you will going to choose bitcoin. However for me, gold and bitcoin are good enough.

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Quote from: fkvidar on June 22, 2016, 01:58:44 PM

Quote from: romero121 on June 22, 2016, 01:19:44 PM

Gold and bitcoin has its own importance based upon various factors. Gold has universal acceptance which makes it a better asset that helps at any situation. Bitcoin doesn't have acceptance similar to gold because of this as a investment bitcoin holding can be given preference as the steep price variation happens often. Such an increase can never be experienced with gold.

Gold is very stable and you cannot expect higher profits from it, but it is surely good as an investment, as we are pretty sure that it will survive forever and can give us descent amount of profits.

Well yeah gold is one of the good investment but the problem is gold is slow movement of the price unlike bitcoin.. i will still choose bitcoin while i am still young so that in the future i earn bitcoin much..

I will also choose for bitcoin as gold will not give me fastest profit which bitcoin has given me in the last month and will give me in the coming year, but with gold i will have to wait for dozens of year to get a profit of a hundred dollars from 10 gram gold.

If you are smart enough then you will invest in bitcoin at a moment only because of the fact that halving is approaching which will allow us to make best profits in short term.

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Bitcoins is much risky, cause you will never know when price will drop like yesturday on 10%, gold is much more better in this case cause trusted and time tested.

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Quote from: romero121 on June 22, 2016, 01:19:44 PM

Gold and bitcoin has its own importance based upon various factors. Gold has universal acceptance which makes it a better asset that helps at any situation. Bitcoin doesn't have acceptance similar to gold because of this as a investment bitcoin holding can be given preference as the steep price variation happens often. Such an increase can never be experienced with gold.

Agreed. After all, Bitcoin's design is very similar to precious metals. The mining process, the lack of a counterparty risk and the function as a safe store of value largely outside of governmental control are highly similar. I think Bitcoin and gold are a perfect match and it is good to own both, connecting the virtual with the physical world.

The main reason why Bitcoin's purchasing power is likely to increase is the comparatively small number of people who own Bitcoin. So there is a lot of room for increasing demand. However the limited popularity of Bitcoin comes also with a higher risk of failure as a universally accepted monetary unit that is not present with gold.

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