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Author Topic: Holdings of gold vs Holdings of btc  (Read 62116 times)
keyscore44
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April 03, 2018, 05:24:02 PM

For me bitcoin is better cause now you could hear lot of voices that gold is better but that is only cause people believe only in material things and bitcoin is to hard to understand for them, i would pick bitcoin cause i believe that in future that market will develop to higher level.

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markj113
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April 03, 2018, 05:41:40 PM

Gold back petrol Yuan coming.
https://www.silverdoctors.com/gold/gold-news/gold-convertible-yuan-denominated-oil-contract-says-it-all-china-no-longer-wants-to-pay-in-dollars/


"H.R.5404 - To define the dollar as a fixed weight of gold."
https://www.congress.gov/bill/115th-congress/house-bill/5404/actions?q={%22search%22:[%22gold%20dollar%22]}&r=1

Gold price is going one way, just wait for the price reset to kick in.






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signaturecoin
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April 03, 2018, 07:20:44 PM

Both are good choices if you have plenty of money to invest but if you have limited investment and want some good profit in return, then obviously bitcoin outstands gold because of its volatile nature. Gold is very much stable and it provides profit not much often rather you need to wait too much from selling gold at high prices whereas bitcoin is often pumping and dumping, providing you with opportunities of selling it for profit.
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April 08, 2018, 11:47:43 AM

Gold is dug from the ground, forged in flames, and hurts like heck when you drop it on your foot. Bitcoin is purely digital and created by computers crunching complex equations, existing only in bits and bytes. Both are assets one is virtual and the second one is physical. But  I think gold has edge over bitcoin.
it is true when viewed from the origin, but i think both have advantages and disadvantages of each. gold is safer for investment but profit is not as much as we invest btc, besides that gold risk is smaller

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April 08, 2018, 12:25:04 PM

Well in my opinion, bitcoin will never be equal to gold because gold has physical value and represents for the whole economy while bitcoin is just numbers. One possibility for that to happen is we lose all our gold
Despite the physical value of gold I think the store of gold as wealth may not be as secure as the store of bitcoin. Also travelling around with gold could be a bulky task. If more companies accept gold and bitcoin equally as means of exchange for goods and sevices, I bet bitcoin will usurp gold. You wouldn't have to travel to where a company is to get a commodity/service. Who doesn't want a smart and simple life?...lol.
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April 08, 2018, 01:04:01 PM

I prefer gold for investment. Because gold has a physical and has existed from antiquity as a valuable asset. Gold also has a stable price, and it always increases its price. Bitcoin may have more selling value than gold but bitcoin jg has more risk.
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April 08, 2018, 01:04:18 PM

The number of people who hold their savings in gold is bigger than the number of people who choose bitcoin for the same target. Because of gold seems more trustworthy, it showed itself through the centuries and bitcoin is the new thing on the market and many people just afraid to put their savings in this newbie.

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April 08, 2018, 01:08:15 PM

In my opinion, both are very profitables, because both of them are valuable and have the most promising potential. Gold is always trusted by people and it will never lose its value, and its price keep growing slowly. BTC however is increasing fastly and expected to become a lot more expensive in the future.

Its much better if we hold gold and bitcoin. Gold as known for centuries as stable asset, but with technolgy advance, bitcoin right now become popular and people already investing on it. Bitcoin can give us many advantages because in internet era, we can make transaction using bitcoin with low fee

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April 15, 2018, 07:34:24 PM

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 of gold is a good asset today because it was very expensive but difference between bitcoins and gold is that, the prices of bitcoins is increasing rapidly while gold is stable so it only means that bitcoin will be more profitable depending on the market's volatility.
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April 15, 2018, 07:46:29 PM

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?

At the moment you can't really compare bitcoin with gold as a store of value. Gold is considered by everybody as a store a value and widely accepted for this purpose, bitcoin no. I'll rather consider bitcoin more as an investment to try to earn some good money...

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