Holdings of gold vs Holdings of btc - page 71.

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Quote from: langedwig on June 18, 2016, 10:50:23 AM

Quote from: RoommateAgreement on June 18, 2016, 09:58:26 AM

holding gold can bring you almost nothing and the rise in gold can be small or even go down but when you buy and hold bitcoin especially if you buy bitcoin when it was very low then you could have 4 - 5 times return for your investment.

The profit would differ between 30 to 40 percentage. Indeed both are sailing on the same boat towards a reasonable profit. One of the business secrets would be, seeking for areas where a reasonable profit can be found. I would still love investing in Gold as would do with BTC.

Both are good as an investment, the only reason gold is popular and people are willing to invest in it because it holds physical form and people have more faith in a thing that they can hold physically.

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Quote from: RoommateAgreement on June 18, 2016, 09:58:26 AM

holding gold can bring you almost nothing and the rise in gold can be small or even go down but when you buy and hold bitcoin especially if you buy bitcoin when it was very low then you could have 4 - 5 times return for your investment.

The profit would differ between 30 to 40 percentage. Indeed both are sailing on the same boat towards a reasonable profit. One of the business secrets would be, seeking for areas where a reasonable profit can be found. I would still love investing in Gold as would do with BTC.

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Quote from: RoommateAgreement on June 18, 2016, 09:58:26 AM

holding gold can bring you almost nothing and the rise in gold can be small or even go down but when you buy and hold bitcoin especially if you buy bitcoin when it was very low then you could have 4 - 5 times return for your investment.

Gold is a form of storage of value, and is not supposed to be a growth asset. Gold maintains its relative value over time, and doesn't act like Bitcoin where we have massive volatility that either gains or loses a lot of people a lot of money. This is one of the key differences, and it's why gold and Bitcoin both have their own respective place in the economy.

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Bazinga!

holding gold can bring you almost nothing and the rise in gold can be small or even go down but when you buy and hold bitcoin especially if you buy bitcoin when it was very low then you could have 4 - 5 times return for your investment.

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Quote from: tabas on June 18, 2016, 09:18:36 AM

Quote from: 23dzmaz on June 18, 2016, 09:13:57 AM

I think holdings of bitcoins are really good for now. I mean you can earn much money by holding all your bitcoins right now, because the price of bitcoin is increase so high.

Yeah holding of bitcoin now is very good so if you are holding a lot of bitcoin today after the halving you are going to harvest it.
The many the better and higher income you can get.
But as of now we just need to wait it until the halving comes and the price goes up.

indeed very true, to choose withstand current bitcoin is better than gold hold. rise very high price makes people compete to buy and hold bitcoin bitcoin, I myself like that. maybe people waiting bitcoin prices reached $ 1,000, then there will be sales of bitcoin in great numbers, but I think will be very many people bought

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Quote from: 23dzmaz on June 18, 2016, 09:13:57 AM

I think holdings of bitcoins are really good for now. I mean you can earn much money by holding all your bitcoins right now, because the price of bitcoin is increase so high.

Yeah holding of bitcoin now is very good so if you are holding a lot of bitcoin today after the halving you are going to harvest it.
The many the better and higher income you can get.
But as of now we just need to wait it until the halving comes and the price goes up.

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I think holdings of bitcoins are really good for now. I mean you can earn much money by holding all your bitcoins right now, because the price of bitcoin is increase so high.

Akupuniard

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You will never knows what will happen with price of bitcoin and gold so i think we can't compare them, bitcoin nowdays is rising so high but it will ends soon.

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Quote from: lienfaye on June 18, 2016, 05:28:15 AM

Holding gold is more profitable and you are pretty sure that you will gain money from it. i have been holding gold for years now and the value is increasing. gold is a good way to ensure wealth preservation and for passing wealth from one generation to the next.

I agree with you, holding gold is more profitable and the market of gold is really good. It's price is always going to appreciate there is no way to depreciate it. Unlike bitcoin, there is a price up always but in the end we are going to accept that there is a time for fall.

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Holding gold is more profitable and you are pretty sure that you will gain money from it. i have been holding gold for years now and the value is increasing. gold is a good way to ensure wealth preservation and for passing wealth from one generation to the next.

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Quote from: Red-Apple on June 18, 2016, 04:25:25 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?

there is a lot more people who are investing in gold comparing to bitcoin. and the reason is simple, gold has been around for a lot of years and it is more reliable and also anybody can do it and don't need any computer so even old people who are technology resistant can do it. but it is not even as profitable as bitcoin can be.

They are investing in gold only because they are not aware about the bitcoin yet, and the existing users of bitcoin will never prefer to invest in gold as they have total faith in potential of bitcoin.

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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?

there is a lot more people who are investing in gold comparing to bitcoin. and the reason is simple, gold has been around for a lot of years and it is more reliable and also anybody can do it and don't need any computer so even old people who are technology resistant can do it. but it is not even as profitable as bitcoin can be.

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Quote from: MFahad on June 18, 2016, 03:41:29 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 think, bitcoin and gold both have a different ways, because if we hold bitcoins so it is easily for everyone, but if we hold gold so it is difficult for everyone to handle it. I am sure mostly people refer to save the bitcoins instead of Gold.

Bitcoin has experienced multiple bubbles, each top priced exponentially higher than the previous top, each post-bubble low higher than the previous bubble's high. Bitcoin is an entirely new asset class and the market's saturation demand has not been discovered yet.

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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 think, bitcoin and gold both have a different ways, because if we hold bitcoins so it is easily for everyone, but if we hold gold so it is difficult for everyone to handle it. I am sure mostly people refer to save the bitcoins instead of Gold.

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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?

For me holding gold is profitable too but if you compare it to bitcoin and your strategy is buy at low sell at high i think it is more profitable. Holding of bitcoin is profitable because it has a capability to rise easily and to dump easily in gold too but in bitcoin many tradrs there in gold only few.people.. So i would pick holding bitcoin.

safari88

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if we have a trial like holding gold or bitcoin, then you hold both of them in a few years. I believe is the best bitcoin, bitcoin prices can rise very high, while gold is not possible.

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Quote from: Rizky Aditya on June 18, 2016, 02:29:17 AM

People enjoy buying gold as it looks very appealing and it also holds a lot of value. For Bitcoin, it holds a lot of value but there is no physical form except for collectable coins. Also, gold has been around for a much longer time compared to Bitcoin.

Yeah people have more faith in something that they can hold it physically, and bitcoin doesn't allow that, as its only in digital form, but existing users of bitcoin will continue to invest in bitcoin.

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People enjoy buying gold as it looks very appealing and it also holds a lot of value. For Bitcoin, it holds a lot of value but there is no physical form except for collectable coins. Also, gold has been around for a much longer time compared to Bitcoin.

Taki

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Well, first of all Bitcoin is not so well known as gold. Gold. People know it from who knows how long and Bitcoin exsist only few years. And even if it looks more profitable now to hold your money in Bitcoins, people will hold money in gold much more in anyway. Through years and years gold showed itself as a good place for investing. And Bitcoin? Yes it's rising now as crazy, but we can't see it's dynamic in a long run. And that's important factor for investors.

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Quote from: Cyaren on June 18, 2016, 12:57:16 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?

Well, there are definitely a lot more gold bugs than bitcoin bugs, however I think that stat is going to change drastically in the coming years, as we move into a cashless society.

I mean, bitcoin is obviously a lot more convenient than gold, both in terms of transportability and divisibility.

yeah and gold is just an investment product you cannot use it as a currency or to buy anything online or even for the money transfers, bitcoin takes care of everything.

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