Holdings of gold vs Holdings of btc - page 9.

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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?

Hindsight gave me a broad smile as I read your question. Gold is gold. Its value grows with time. The risk of gold diminishing is very rear therefore the risk premium is low. However, bitcoin is investment with very high risk so the premium is very high.

If anyone saw the future of bitcoin as it is now, he, she would sell all his/ her gold and go for bitcoin. For me, I will keep more gold than bitcoin.

Ramtapsbtc

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Holding of gold is not practical because it increases it's value for a long time. Not like bitcoin wherein you can see the increase or decrease of value in just a short period of time.

Konco126

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I think from the beginning until now there are still many people who holding gold compared with holding btc. Because popular gold is longer than btc. indeed btc is currently popular and the price is much higher than gold. But still more people are holding gold than btc, Because there are still many people who don't know about btc.

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Quote from: josephpogi on January 09, 2018, 07:47:09 PM

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?

Holding gold is not profitable but if you hold your bitcoin like for a short tine then sell it when the value is very high i think its more good than holding gold then buy when the price of bitcoin is low we all know that bitcoin is a high risk but we should need to believe in bitcoin.

Yeah i agree, i must choose to hold bitcoin than gold. Because in a year for sure i will get huge profit on it. We can get profit in gold but unlike bitcoin that we can get bigger profit of we hold.

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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?

Holding gold is not profitable but if you hold your bitcoin like for a short tine then sell it when the value is very high i think its more good than holding gold then buy when the price of bitcoin is low we all know that bitcoin is a high risk but we should need to believe in bitcoin.

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Quote from: ricardobs on January 02, 2018, 05:44:35 AM

Quote from: arichikato on December 30, 2017, 11:26:23 PM

Gold are the mean of exchange for thousand of years. It hard to be replaced because some people think that gold are much more secured than bitcoin which is too risky.

If I had the chance to do this in 2009, and hold either Bitcoin or Gold from then till now, I will choose Bitcoin without having to think twice about it. As of now, I’m still choosing Bitcoin and not gold, I need money, I’m not preserving the ones I have, and getting stuck at the same.level. when I want preservation, I will go with Gold, but as of now, thanks! 👍

in 2009 you did not buy bitcoin because you are still unsure of the future of bitcoin? and by now you've seen a very remarkable development of bitcoin and are very likely to continue in the future, so why do not you buy a lot of bitcoin today instead of choosing gold, should you know that bitcoin prices are very likely still many times higher in the future ahead of the moment

Brokerstar

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Surely gold is just an expensive way to park your cash?

reymartH

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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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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 would prefer holding of bitcoin for it is much accessible for me, aside from that I will have a hard time trading gold and I think would have a hard time doing transactions with gold. It is much easier for bitoin to store and much easier to trade for a beginner in trading like me.

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Quote from: Hamaber on January 09, 2018, 03:18:44 PM

Quote from: Canvis on December 21, 2017, 01:22:46 PM

Quote from: CHENIEN on December 17, 2017, 07:55:51 PM

For me holding of gold is a long term and never be end or fade. Bitcoin maybe similar to temporary. Im not sure the future of bitcoin because this is only a currency that convertible into cash. Bitcoin compared to gold, Im favorable to bitcoin on how we can earn fastiest comparing to gold. We pray that this currency will continue because many people benifited and bitcoin helps also to the people belong to poverty level. Their's many life change because of bitcoin. Improving life in terms of financial needs.

I try both options I keep on hold old and also I keep bitcoin as well so I will prefer bitcoin instead of old because bitcoin is much more better then gold never keep gold on hold its useless and will need rive you profit even if you keep gold for one hour you will lose in gold and bitcoin is different than gold so much as you will keep it on hold that much big will be the profit so I will request to everyone that gold is only a valuable piece of Mattel.

The price of Bitcoin is increasing more rapidly than gold. So Bitcoin is much better assets than gold now. It is crystal clear that holding a product which is more profitable and safe. The Bitcoin is digital currency on the internet so there is no fear of theft. In the case of gold it need bank locker for its safety, for this bank charge huge fees and involves taxes. The Bitcoin is virtual currency which is very fast in transaction, secure and more profitable.

For me is better to hold BTC because we know bitcoin is increasing In the future and bitcoin is good for longterm way to invest and we dont know in the future bitcoin is using it the people to buy.bitcoin is very nice to hold because of increasing the price value of it and if the bitcoin will be popular in the whole world bitcoin will be the number 1 currency because of pricing.

Hamaber

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Quote from: Canvis on December 21, 2017, 01:22:46 PM

Quote from: CHENIEN on December 17, 2017, 07:55:51 PM

For me holding of gold is a long term and never be end or fade. Bitcoin maybe similar to temporary. Im not sure the future of bitcoin because this is only a currency that convertible into cash. Bitcoin compared to gold, Im favorable to bitcoin on how we can earn fastiest comparing to gold. We pray that this currency will continue because many people benifited and bitcoin helps also to the people belong to poverty level. Their's many life change because of bitcoin. Improving life in terms of financial needs.

I try both options I keep on hold old and also I keep bitcoin as well so I will prefer bitcoin instead of old because bitcoin is much more better then gold never keep gold on hold its useless and will need rive you profit even if you keep gold for one hour you will lose in gold and bitcoin is different than gold so much as you will keep it on hold that much big will be the profit so I will request to everyone that gold is only a valuable piece of Mattel.

The price of Bitcoin is increasing more rapidly than gold. So Bitcoin is much better assets than gold now. It is crystal clear that holding a product which is more profitable and safe. The Bitcoin is digital currency on the internet so there is no fear of theft. In the case of gold it need bank locker for its safety, for this bank charge huge fees and involves taxes. The Bitcoin is virtual currency which is very fast in transaction, secure and more profitable.

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Quote from: Dark Sky on December 31, 2017, 06:09:09 PM

Quote from: seandiumx20 on December 31, 2017, 02:59:51 PM

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 people would still prefer gold than bitcoin, or maybe both. Since gold is something you can see and touch, it is more valuable than bitcoin. For sure, gold will be more valuable in the future.

In my opinion, what if bitcoin will be banned or internet will be somehow shutted down, then you'll only bid farewell on your dear bitcoin, so people would prefer gold.

No bitcoin will be never banned because bitcoin is a digital currency and it will be more work for long time, and internet will not shut down because many people work in internet, so you can easily invest in bitcoin and it will give you big profit than gold investment because gold price not going to high day by day as bitcoin price.

I agree with you it is better to invest in btc than in gold by a lot of things like you can steal gold and lose it more easily than btc because it is secured and you only know the private key of your wallet.

ricardobs

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Quote from: arichikato on December 30, 2017, 11:26:23 PM

Gold are the mean of exchange for thousand of years. It hard to be replaced because some people think that gold are much more secured than bitcoin which is too risky.

If I had the chance to do this in 2009, and hold either Bitcoin or Gold from then till now, I will choose Bitcoin without having to think twice about it. As of now, I’m still choosing Bitcoin and not gold, I need money, I’m not preserving the ones I have, and getting stuck at the same.level. when I want preservation, I will go with Gold, but as of now, thanks! 👍

cynical

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i have mentioned on another gold thread that it may be good practice to hold gold along with btc but i am reconsidering it now.
i had a discussion with a friend today about future liquidation of bitcoin without attracting the attention of governments/tax and i think when you transfer your btc wealth into gold it is harder to avoid selling that 'tax free' when you need to?

Godric-Gryffindor

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We have no official and concrete data how much or how many people are holding Gold or holding Bitcoin in general but to think of it many are still holding gold for its value and luxury reason,

freshtictacs

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Holding Bitcoin is much more better than holding gold for sure. Cause of the benefits of Bitcoin.

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Quote from: Andrianla on January 01, 2018, 08:50:02 AM

I think Bitcoin's development is faster than gold but both can be profitable, if you want the visible thing then I suggest to choose gold.

Well, I think we should focus on the meaning of investing more, why we invest, that is because we want to make more money, want to create a source of passive income, and so we should choose bitcoin, bitcoin gives us more money than gold, gold only ensures long-term safety and visible, in addition it has nothing special. At present, bitcoin is gradually replacing gold, it has made more people believe, they have started to abandon gold and switch to bitcoin, that tells us that now is the era of bitcoin, holding bitcoin is the most logical

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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?

The ratio of people using gold as a store rather than btc is much more because gold has existed for many years rather than bitcoins which has just came into prevalance.
Also, as long as bitcoin is not globally accepted, it will take years to share the same user base with Gold.
Personally, I would like to hold bitcoins as at present though both gold and bitcoin are a good investment but bitcoin is more preferable as its market value has increased to more than 1000% in a short amount of time and the coin can yield huge profits due to the same reason.

Andrianla

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I think Bitcoin's development is faster than gold but both can be profitable, if you want the visible thing then I suggest to choose gold.

AMHURSICKUS

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Holding both bitcoin and gold is very profitable.
But i think gold is more better because it is a thing and you can assure that it is more valuable.
Bitcoin is also very good and very profitable as long as there is an internet it will never be disapeared.
Because this two very profirable try to hold them both. That is more interesting.

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