Holdings of gold vs Holdings of btc

[Wandering Soul~]

It's not impossible and in fact I think that there is a decent chance that it will in the future .

It is not possible to determine the exact number of users but in our current situation, We can definitely think that gold holders are much more larger than bitcoin holders . But not all people can afford it unlike bitcoin that even an average person like me has it . Many people still go for gold because:

1). They don't know bitcoin
2). They know bitcoin but chose gold because the price is much stable than bitcoin
3). Gold has been used over the passed years .

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[1Referee]

We can definitely think that gold holders are much more larger than bitcoin holders

How much calculation did it take you to figure that out? The entire world sees value in Gold where at least half of the world population owns Gold in one way or another. It can be in form of jewelry, or even bullion, where the first mentioned is more likely for the average person.

But not all people can afford it unlike bitcoin that even an average person like me has it

Just like Bitcoin, Gold is a divisible currency where you don't have to force yourself to buy a whole 100GR or 1000GR bar. You can very well start out with buying gram by gram till adds up to a decent amount after some years.

Gold does experience some sort of volatility, but it's indeed less than is the case with Bitcoin. That's why the average person and traditional investors see more value in Gold than in something so speculative as Bitcoin. In most cases Gold is just being used as a hedge to sit out whatever bad economical situation. Or they are just looking to secure a big portion of their savings in Gold as store of value. These people don't expect crazy returns as is the case with Bitcoin. If the price after a few years has increased with just ~5-10% then it's already a more than welcome return for them.

[traderethereum]

for people in out from bitcoin industry then they will choose to holding of gold than bitcoin because they don't know anything about bitcoin but  we are know in bitcoin industry then for me i will holding of bitcoin than gold and it is because i can not buy gold right now and i need to earn more money to buy gold so its better to holding of bitcoin than nothing.

[Fatanut]

Gold has value whatever state the world is in.  Btc needs a heck of a lot of infrastructure to even exist.  Come the impending zombie apocalypse, I know where I am keeping my money.

Bitcoin only needs blockchain to exist. All these exchangers were established after a while when people were already mining bitcoins. Bitcoin used to be a P2P currency but we have exchanger now but that doesn't need that we need those for bitcoin to exist.

In a zombie apocalypse, gold and bitcoin (or any currency) would be both invaluable. What would be valuable are guns, foods, shelter, safe place, cure for the virus, etc. You can't eat either gold or bitcoin. It's not a means for survival. People wouldn't be needing luxurious stuffs (gold necklace, etc.) when there's a zombie apocalypse.

(I watched the Walking Dead right from the start so yeahhh.)

[RealPhotoshoper]

Gold has value whatever state the world is in.  Btc needs a heck of a lot of infrastructure to even exist.  Come the impending zombie apocalypse, I know where I am keeping my money.

Bitcoin only needs blockchain to exist. All these exchangers were established after a while when people were already mining bitcoins. Bitcoin used to be a P2P currency but we have exchanger now but that doesn't need that we need those for bitcoin to exist.

In a zombie apocalypse, gold and bitcoin (or any currency) would be both invaluable. What would be valuable are guns, foods, shelter, safe place, cure for the virus, etc. You can't eat either gold or bitcoin. It's not a means for survival. People wouldn't be needing luxurious stuffs (gold necklace, etc.) when there's a zombie apocalypse.

(I watched the Walking Dead right from the start so yeahhh.)

bitcoin required internet access too , once internet turned off nothing you can do with bitcoin.
since bitcoin or gold is not a primary needs then yeaaa in such situation both will just worthless.
people consider gold not as payment system anymore while bitcoin it is, so just better to hold bitcoin you can spend it.

[Sithara007]

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 am afraid that Bitcoin will never manage to attract as many users as gold. Gold is being used by billions of individuals around the world, as an asset. Bitcoin will never be able to attract that many users.

[nasipadang]

holding gold will not give you a lot profit basically gold is an investment that allows you to save your money remains safe (keep) if you want hold btc you should be ready to risk because bitcoin movement is influenced by supply and demand can give a profit and losses

[TastyChillySauce00]

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 am afraid that Bitcoin will never manage to attract as many users as gold. Gold is being used by billions of individuals around the world, as an asset. Bitcoin will never be able to attract that many users.

Keep in mind that gold is already known by human since many centuries ago and bitcoin is only published in the world just a few years ago. Many people also had used gold as some sort of jewellery while bitcoin is just a currency and can't be forged to make various things as it doesn't have a physical form. By seeing that, I can make a conclusion that bitcoin is not going to have users as much as gold does.

[KennyR]

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 am afraid that Bitcoin will never manage to attract as many users as gold. Gold is being used by billions of individuals around the world, as an asset. Bitcoin will never be able to attract that many users.

Though bitcoin has got less users right now, the potential will take it high. Gold has a very long history to get such a large number of users. So bitcoin is very young to reach a position similar to gold. Bitcoin could have grown much than now, if bitcoin have got a physical space similar to gold.

[agamasrori]

Gold has value whatever state the world is in.  Btc needs a heck of a lot of infrastructure to even exist.  Come the impending zombie apocalypse, I know where I am keeping my money.

Although bitcoin is new consept of currency but it could be good investment because the volatility could make us get really big profit, if we smart. A lot of country were regulate bitcoin so I think saving bitcoin is good enough.

[Kevin77]

Gold has value whatever state the world is in.  Btc needs a heck of a lot of infrastructure to even exist.  Come the impending zombie apocalypse, I know where I am keeping my money.

Although bitcoin is new consept of currency but it could be good investment because the volatility could make us get really big profit, if we smart. A lot of country were regulate bitcoin so I think saving bitcoin is good enough.

Yes, many countries just start about thinking on regulating bitcoin payment systems. In one way, it will boost bitcoin price appreciation to infinity levels at the same time we need to be ready all the consequence too. So, it is highly recommended to hold both bitcoin as well as gold. Still, you may prefer to hold bitcoin in large percentage compared to gold holding.

There will be no significant differences between holding gold and btc. Both may fetch us good returns in long run. But, it is proven bitcoin will outperform gold in terms of higher returns.

[whizter]

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 am afraid that Bitcoin will never manage to attract as many users as gold. Gold is being used by billions of individuals around the world, as an asset. Bitcoin will never be able to attract that many users.

actually those people who want to save their money so they prefer gold. as gold has a very stable price whereas those people who want to invest thie money and make some profit so these people will invest their money in bitcoin for from where they can make good profit.

[HatakeKakashi]

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 am afraid that Bitcoin will never manage to attract as many users as gold. Gold is being used by billions of individuals around the world, as an asset. Bitcoin will never be able to attract that many users.

actually those people who want to save their money so they prefer gold. as gold has a very stable price whereas those people who want to invest thie money and make some profit so these people will invest their money in bitcoin for from where they can make good profit.

Yes if you want save your money and make a little profit invest in gold. Because gold price is very stable it increasing little. And gold less risky and safe.if  you want to make good profit invest your money in bitcoin. Because bitcoin have more potential to increase the price but it is very risky why because the bitcoin price is unstable it can decrease and increasing the price fastly . so better to 50% invest in gold and 50% in bitcoin. Its your choice what you choose . make also a research to make sure.

[ipanks]

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 am afraid that Bitcoin will never manage to attract as many users as gold. Gold is being used by billions of individuals around the world, as an asset. Bitcoin will never be able to attract that many users.

i think bitcoin will manage to attract new user, and its not bitcoin itself which is do, but its because of bitcoin user that introduce bitcoin into other user so other user is attract to use bitcoin. but yes gold is more famous than bitcoin because gold is already know as a good investment for so long ago, and now they can make investment with bitcoin and i bet, if they know how much the price now, they will be shock that see the price of bitcoin is higher than gold.

[marketone]

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?

Still now many people don't know about bitcoin but when compared to bitcoin, gold has large user base because it is real time environment when compared to bitcoin. Bitcoin is not completely accepted by people because it is completely digital currency. It will take lot of time to get more user community for bitcoin firstly government should legalize bitcoin. Than many people start buying bitcoin in this way there will be more demand for the gold and bitcoin. Right many people have same thought that bitcoin will become one of most wanted commodity like gold.

[Seansky]

Many people around the globe use bitcoin not as a currency, but as an investment whereas gold is being used since ancient times as a currency and of course to store the value of their assets. For us to reach the same user base of gold, it might take a hundred years or more maybe it will not happen forever since even if many trust bitcoin around the globe, most of the world's population don't know it and don't trust it yet.

[X-ray]

Many people around the globe use bitcoin not as a currency, but as an investment whereas gold is being used since ancient times as a currency and of course to store the value of their assets. For us to reach the same user base of gold, it might take a hundred years or more maybe it will not happen forever since even if many trust bitcoin around the globe, most of the world's population don't know it and don't trust it yet.

Those who consider bitcoin as sort of investment or digital assets/property is not only by an individual or people but also many governments, as for example is USA which have made a regulation regarding to bitcoin and they consider bitcoin as a digital assets. but i don't agree that gold is getting used as a currency for now, if it was many centuries ago it's right but for now gold is considered as investment just like what bitcoin does

[raven7886]

There will be no significant differences between holding gold and btc.

No there are a lot of differences like we need more security measurements for holding gold in physical format (now a days digital format gold is also available, still considering only physical gold due to its reputation for saving).
To secure bitcoin we just need some strong passwords and some encryption procedures.

Other than these storing aspects, returns on investment will be more with bitcoin compared to gold investments.

[coinplus]

Many people around the globe use bitcoin not as a currency, but as an investment whereas gold is being used since ancient times as a currency and of course to store the value of their assets. For us to reach the same user base of gold, it might take a hundred years or more maybe it will not happen forever since even if many trust bitcoin around the globe, most of the world's population don't know it and don't trust it yet.

Those who consider bitcoin as sort of investment or digital assets/property is not only by an individual or people but also many governments, as for example is USA which have made a regulation regarding to bitcoin and they consider bitcoin as a digital assets. but i don't agree that gold is getting used as a currency for now, if it was many centuries ago it's right but for now gold is considered as investment just like what bitcoin does

Of course, this depends on how long you are planning on saving, if you are planning on saving for the long term than the god will be the best option because gold has been the most valuable thing since the dawn of civilization.

So, it is always going to be there and the price is stable compared to the bitcoin that the price is constantly changing, you can save bitcoin but only for the short term.

[BitSat]

Many people around the globe use bitcoin not as a currency, but as an investment whereas gold is being used since ancient times as a currency and of course to store the value of their assets. For us to reach the same user base of gold, it might take a hundred years or more maybe it will not happen forever since even if many trust bitcoin around the globe, most of the world's population don't know it and don't trust it yet.

Those who consider bitcoin as sort of investment or digital assets/property is not only by an individual or people but also many governments, as for example is USA which have made a regulation regarding to bitcoin and they consider bitcoin as a digital assets. but i don't agree that gold is getting used as a currency for now, if it was many centuries ago it's right but for now gold is considered as investment just like what bitcoin does

Of course, this depends on how long you are planning on saving, if you are planning on saving for the long term than the god will be the best option because gold has been the most valuable thing since the dawn of civilization.

So, it is always going to be there and the price is stable compared to the bitcoin that the price is constantly changing, you can save bitcoin but only for the short term.

I also going to use this method as @coinplus saying for long term better we use Gold as its all time very solid for savings and for short term we can hold bitcoin but we need to check rats regularly as its nature of bitcoin fluctuations can happen any time and this can give some good profit in this period also