Holdings of gold vs Holdings of btc - page 80.

OROBTC

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Quote from: MaritiJames3 on April 18, 2016, 03:50:53 AM

I was always told that gold always goes up in value because their is not much gold left in the world. With Bitcoin this is not the case the price of the Bitcoin is decided in a other way. So I think I would choose gold.

Gold does not always go up in value. From 1980 for 20 years gold was in a bear market.

You are correct that gold supplies worldwide are decreasing, but that is not the main driver of prices. People buy gold for diversification and as a hedge against .gov malfeasance.

Gold is really the best Store of Value over a long haul.

Holdings of gold vs. holdings of BTC depend on each person. For most people with wealth to protect, it is probably better to hold more gold.

But holding BTC is a great idea too, diversification!

BitcoinPaw

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Quote from: rababo on April 18, 2016, 08:50:29 PM

I'm sure gold holder is a way more than bitcoin holder.
Gold is known for a long time, while bitcoin not. People would trust to invest in gold rather in bitcoin.

Often new things are better than old and known, people just need to understand how good bitcoin is and than this question about gold we dissapear.

rababo

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I'm sure gold holder is a way more than bitcoin holder.
Gold is known for a long time, while bitcoin not. People would trust to invest in gold rather in bitcoin.

sidrab14

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Quote from: MaritiJames3 on April 18, 2016, 03:50:53 AM

I was always told that gold always goes up in value because their is not much gold left in the world. With Bitcoin this is not the case the price of the Bitcoin is decided in a other way. So I think I would choose gold.

Gold has many uses and applications, some crucial and life-saving. Bitcoin does not have crucial and life-saving utllity. Gold is beautiful to look at and hold. Bitcoin will never be as valuable as gold. Gold lasts forever, bitcoin is just a number in the interweb.

sured44

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Quote from: MaritiJames3 on April 18, 2016, 03:50:53 AM

I was always told that gold always goes up in value because their is not much gold left in the world. With Bitcoin this is not the case the price of the Bitcoin is decided in a other way. So I think I would choose gold.

can't compare gold with Bitcoins, logically. Gold we see it glitters shine, we wear it too but at the same time Bitcoins is a digital money. Its price rises and goes down too. Now the price is little down but it will gain the market again.

MaritiJames3

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I was always told that gold always goes up in value because their is not much gold left in the world. With Bitcoin this is not the case the price of the Bitcoin is decided in a other way. So I think I would choose gold.

iamthesky

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Quote from: Zaun on February 12, 2016, 08:50:28 AM

I think BTC store is much better. Namely because it may also be worth much more.
And gold does it take so long before the value increases.

Gold is good if you want profits in long run, as the price is not that volatile as compared to bitcoins, so people choose gold and bitcoin is too volatile to handle, you might earn huge profits or even loose everything in long run if you don't sell at the right time.

Zaun

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Forza Roma

I think BTC store is much better. Namely because it may also be worth much more.
And gold does it take so long before the value increases.

masyari

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Quote from: ?? on ??

Personally i would hold both BTC and gold.

they are both worthy investments

yeah
both are better, you can benefit in both. so if you can make a profit on them, why should choose one ?

BellaBitBit

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It is hard to take profits from Gold if you have physical. When you sell you cannot get much of a premium due to either ebay fees, coin dealers paying under spot price, etc. Also I don't think Gold has the potential to skyrocket like Bitcoin. Both are still good options to hedge against the dollar.

fruitcommander

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Quote from: blackmachinegun on February 11, 2016, 08:35:58 PM

Quote from: Pab on February 11, 2016, 06:59:51 PM

If you know bitoin hold bitcoin,if you have gold or some money to buy gold hold gold,gold now is safe havean,i am sure will be btc pump,to min 650$

I am very hard to digest your words. writing is very irregular. Sorry
I think for this year bitcoin prices could rise to $650. I'm sure of it. last year we could reach $ 500
and this year I'm sure more than that, I prefer to hold bitcoin

Yeah holding bitcoin for next couple of months is the best option available at a moment, as the price would be higher after halving, gold is always good as a long term investment, but for short term I would invest all my money into bitcoins.

blackmachinegun

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Quote from: Pab on February 11, 2016, 06:59:51 PM

If you know bitoin hold bitcoin,if you have gold or some money to buy gold hold gold,gold now is safe havean,i am sure will be btc pump,to min 650$

I am very hard to digest your words. writing is very irregular. Sorry
I think for this year bitcoin prices could rise to $650. I'm sure of it. last year we could reach $ 500
and this year I'm sure more than that, I prefer to hold bitcoin

Pab

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If you know bitoin hold bitcoin,if you have gold or some money to buy gold hold gold,gold now is safe havean,i am sure will be btc pump,to min 650$

reputedchain

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I would love to hold both if possible for me, as I view both of them a great investment products and give me best returns on my investments in future, so I would invest 50 50 in both products.

BeGoods

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Quote from: yenxz on February 10, 2016, 04:45:22 AM

Quote from: helloeverybody on December 16, 2015, 08:26:32 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 more people use gold for store of value,because all of people can do this,gold is more popular in this world. i think need more than 10 years for bitcoin to reach same users like gold holders.

we must recognize gold more famous and more popular in the world than bitcoin,
you can see all over the world, and remote villages .. they use gold for investment and jewelry, everyone knows gold,
bitcoin need a long time to be able to match the gold

1Referee

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Quote from: yenxz on February 10, 2016, 04:45:22 AM

Quote from: helloeverybody on December 16, 2015, 08:26:32 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 more people use gold for store of value,because all of people can do this,gold is more popular in this world. i think need more than 10 years for bitcoin to reach same users like gold holders.

All people can also use Bitcoin as store of value/wealth without a problem. It's even easier than going to a certain place and purchase yourself some kilos of physical Gold. It's also a risk having that much Gold in your house and it's not easy to hide unless you dig it somewhere deep in the forrest. And if you want to move that much physical Gold to somewhere else you get noticed quickly. No real benefits.

With Bitcoin you only need a piece of paper to store millions of $$$ and no one will notice anything. You can have it in your pocket, you can go to any country without any one noticing you have possibly hundreds of millions of $$$ with you. That's amazing!!

blackmachinegun

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Quote from: Mr.grin on February 09, 2016, 02:00:44 PM

I actually prefer to hold bitcoin, because I believe bitcoin prices will rise and be very high this time, but it saves bitcoin is not cumbersome like storing gold

yeah initially storing gold is quite difficult, if you want to buy a lot of gold, perhaps 1kg, surely you will be trouble. to save the gold, but it seems now the gold investment is also growing, you can see it in bitgold

yenxz

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Quote from: helloeverybody on December 16, 2015, 08:26:32 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 more people use gold for store of value,because all of people can do this,gold is more popular in this world. i think need more than 10 years for bitcoin to reach same users like gold holders.

romero121

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Vave.com - Crypto Casino

Holding of gold is done by most of the common men who are not much aware of bitcoin. When common men start using bitcoin as equal to the local currency the people starts holding bitcoin for safety

MTBTT

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Quote from: Mr.grin on February 09, 2016, 02:00:44 PM

I actually prefer to hold bitcoin, because I believe bitcoin prices will rise and be very high this time, but it saves bitcoin is not cumbersome like storing gold

for people who want to invest in bitcoin might have a little patience and do not panic

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