Because i love btc more than gold..
Bitcoin price is much than Gold
Topic: Holdings of gold vs Holdings of btc - page 83. (Read 62794 times)
If i had money to invest... then surely i go for bitcoin...
Because i love btc more than gold..
Bitcoin price is much than Gold
Because i love btc more than gold..
Bitcoin price is much than Gold
Holding golds is a bit risky because you should hold them physically somewhere.
And requires a safe place, but bitcoin is something "virtual" and it does not require expensive equipment (hardware wallets)
And requires a safe place, but bitcoin is something "virtual" and it does not require expensive equipment (hardware wallets)
How could we compare an ancient way to store value to this innovative idea? In my opinion it is impossible to determine when there will be more bitcoin holders than gold holders because there is still a great uncertainty about the future of bitcoin, and besides it is a bit irrelevant.
The total number of bitcoins that can be mined has been preset at 21 million, whereas the amount of gold that can be mined is a more complicated question. Over time, the increase in the supply of gold has increased at roughly 1-3% per year, but on a short-term basis there can conceivably be a lot of volatility in the price of gold due to new discoveries. Of course, as a new technology, bitcoin is subject to much more volatility than gold. But over the long run, given the fact that no new bitcoins will be mined after the 21-millionth, we can expect it to ultimately serve as a better store of value than gold.
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Gold and Bitcoin are in "different spaces". They really ought not be compared. They are complementary!
Wise investors usually choose to diversify. Gold and BTC move relatively independently of each other, and so both are perfect diversifications if you do not fully trust the financial system.
How much of each to own is a personal decision. I own more gold than BTC.
Gold and Bitcoin are in "different spaces". They really ought not be compared. They are complementary!
Wise investors usually choose to diversify. Gold and BTC move relatively independently of each other, and so both are perfect diversifications if you do not fully trust the financial system.
How much of each to own is a personal decision. I own more gold than BTC.
Maybe for our era, we should have both gold and bitcoin. I think gold will still be valuable at least for the next 50 years....
We 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. Gold values will not be decreased in the future.I think we can compare it from a certain aspect, we will compare them as an example, who's the best investment?
I certainly would choose bitcoin
Are you including central banks etc.
In countries like India its cultural to hold.
Bitcoin is a drop in the ocean compared to market cap of gold.
In countries like India its cultural to hold.
Bitcoin is a drop in the ocean compared to market cap of gold.
I knew there is a big difference, but I didnt imagine its so big. Gold will always be gold in my opinion and it will be something for showing. I know many people compare bitcoin with gold, but I dont. I see them totally different, and for me bitcoins are much better then gold. I dont like shiny things, and gold is something that many people die for in past, btc have a different story.
I never had gold, and for me answer on this topic is very simple, BTC ruls in anyway, no matter what this graphic show.
As alluded to above, gold and bitcoin are incomparable. Think of bitcoin as Kanye West, is he for real?
and gold as Beethoven... time is yet to tell whether people will still listen to Kanye in 50 years, but you can be sure Beethoven will still have about the same following as he does now.
and gold as Beethoven... time is yet to tell whether people will still listen to Kanye in 50 years, but you can be sure Beethoven will still have about the same following as he does now.
If I haven't mentioned it already, you cannot make shower fixtures, faucet handles, and eggs out of bitcoin. The super rich have always used gold as a store of value and for its physical beauty. That pie chart that was posted here says it all, and I have no doubt it's accurate. Many people own gold in some form, whether it's in the form of coins, jewelry, fountain pen nibs, or whatever, and only a tiny sliver own bitcoin.
Less than 1%. Waaaay less than 1%. Gold is much more stable, with a miniscule chance of loss. Bitcoin is a "higher risk, higher reward" kind of thing. It's volatile, but it's current trend is up.
Maybe give bitcoin a few years, and it'll reach somewhere near 50%? You really can't say at this moment.
Maybe give bitcoin a few years, and it'll reach somewhere near 50%? You really can't say at this moment.
The difference between gold and Bitcoin is that Bitcoin is incredible volatile as an investment right now, and as such there is room for growth but there is also room for your savings to diminish.
Gold is a fairly stable asset that has a high likelihood of retaining its value over time, and thus is a better investment if someone is interested in keeping their wealth stable.
Gold is a fairly stable asset that has a high likelihood of retaining its value over time, and thus is a better investment if someone is interested in keeping their wealth stable.
BTC has way more volatility, it can't be compared to gold
Maybe for our era, we should have both gold and bitcoin. I think gold will still be valuable at least for the next 50 years....
We 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. Gold values will not be decreased in the future.Increasing world population leading to more demand for gold.
Increasing energy costs driving up mining costs (except for recent energy price blip)
All that quantitive easing money floating around will look for a safe haven during the next crash.
Bitcoin is much more volatile and it's harder to predict the price for the. future.
With the current financial problems ,what people can do to protect their portfolio?Some people would invest at gold,others at bitcoin ,but well both of them will worth more in a near future,but gold will always be the first choise,since we can show it and have it ,people see ,bitcoins with such potencial is hidden in the air as i read ,some sentences before.But in the future people will stop buy gold as the financial problems are getting bigger instead soo in the next years we will a bigger offer and a lower demand into gold.
Holding both I think that would be fine I don't have experience with gold, but I think bitcoin is better to hold that gold.
For me bitcoin would be the number one choice to hold, because in can increase more than 100%
For me bitcoin would be the number one choice to hold, because in can increase more than 100%
I choose for bitcoins so I prefer holding bitcoin for the future that gold.
But for now I am just happy to be like having 1 bitcoin to hold. Fiat money is still okay to use.
But for now I am just happy to be like having 1 bitcoin to hold. Fiat money is still okay to use.
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 have not found such data but as for me, I think that the holders of gold must be extremely much more compared to them who hold bitcoin. Bitcoin has only 6 years life. It is know much more few compared to gold. Gold was a precious metal (and considered as such) since the old times. So it was requested since thousand years ago. I think cannot be comparison.
Always for bitcoin, because if you want to be lazy and just sit in your pc and earn bitcoin and hold is the best way to do.
Also gold is not really profitable in the future, bitcoin is the most profitable if you ask me.
Also gold is not really profitable in the future, bitcoin is the most profitable if you ask me.
Exactly. Bitcoin is a much better investment compared to gold. But gold still had much more investments compared to bitcoin.
Always for bitcoin, because if you want to be lazy and just sit in your pc and earn bitcoin and hold is the best way to do.
Also gold is not really profitable in the future, bitcoin is the most profitable if you ask me.
Also gold is not really profitable in the future, bitcoin is the most profitable if you ask me.
Well for me I will just hold bitcoin, because is easier than gold. At least for me, but you can also do both that is not wrong after all.
Just choose wich makes more profit for you. Holding bitcoin have more potential than gold the problem is you never know what will happen.
Just choose wich makes more profit for you. Holding bitcoin have more potential than gold the problem is you never know what will happen.
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