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Author Topic: Holdings of gold vs Holdings of btc  (Read 62725 times)
Vikingr
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June 22, 2017, 10:53:14 PM
 #701

gold is not better then btc, coz u can't  buy or sell gold like btc so for me btc holding better  then gold.
Yes you are right that bitcoin is better than gold and I also have some reasons that gold is among us from longer period and it was used as currency in the past but after that it was considered as not fit to be used as a currency so it cannot compete bitcoin which is considered as more better than normal currencies.
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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June 22, 2017, 10:58:04 PM
 #702

Gold prices are more stable than bitcoin.
Long-term investment is definitely profitable.
But now Bitcoins is the most valuable than gold.
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June 22, 2017, 11:18:49 PM
 #703

gold is not better then btc, coz u can't  buy or sell gold like btc so for me btc holding better  then gold.

yes you are right gold is not much better than holding bitcoin because the price of bitcoin is very fluctuate and due to which bitcoin buy and sell is very profitable but the price of gold is very much stable, so holding gold will not be very profitable and also the holding bitcoin for long run is the way to gain a big profit. 
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June 22, 2017, 11:59:27 PM
 #704

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?
Gold is more for sure. Gold is surely not worth holding instead of bitcoin but there are many who are still not aware of bitcoin hope that one day gold will increase but unfortunately it is less likely ti happen unless government decides. Reaching the same user base of gold isn't possible because I'm pretty sure there are more worth of gold than bitcoin  .
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June 23, 2017, 12:00:44 AM
 #705

gold is not better then btc, coz u can't  buy or sell gold like btc so for me btc holding better  then gold.
yeah nowadays buy and sell your bitcoin is very much easy and safe than gold because there is a lot of thief and we can not easily buy or sell our gold as bitcoin and we know bitcoin is very much secure and we do not need to worry about thief or other tax.
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June 23, 2017, 09:10:36 AM
 #706

My holdings in Gold are less. Maybe not even 1% and not of it is physical. Call me crazy but i prefer bitcoin in every way possible.

For a back up when fiat stats crashing, for a investment instrument and yes even as an payment instrument

And I think you are right in that. Like I said before, gold is heavily overvalued and sooner or later people will realize that and the price of gold might drop. It will never go to zero, but it can drop 40% or 50% which is also bad for investors.

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June 23, 2017, 09:52:20 AM
 #707

Holding gold for a long time is good.You can sold it with a high price after how many years.But bitcoin is much better to hold because it cost very expesive when the price will hit at a very expensive price.It is more than higher than gold.If you imagine that for today bitcoin will hit at 2000$ and after a year or more than will hit to 5000$.Its like you save in the bank but in bitcoin bank it cost a million convert to cash when you save bitcoin.
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June 23, 2017, 10:11:49 AM
 #708

gold is not better then btc, coz u can't  buy or sell gold like btc so for me btc holding better  then gold.
yeah nowadays buy and sell your bitcoin is very much easy and safe than gold because there is a lot of thief and we can not easily buy or sell our gold as bitcoin and we know bitcoin is very much secure and we do not need to worry about thief or other tax.
Thieves and hackers were found all around, gold too is secure. The digital form of gold investment is same as that we invest Bitcoin. In security concerns nothing to worry with gold and bitcoin. In terms of Profiting Bitcoin gives higher profit, whereas gold give a sustained Profiting.

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June 23, 2017, 10:43:14 AM
 #709

Gold prices are more stable than bitcoin.
Long-term investment is definitely profitable.
But now Bitcoins is the most valuable than gold.

Not all the time price of gold is stable, there are times that it is also falling but not that often.

And when it comes to pricing it's better to prefer with bitcoin and not with gold, the market of bitcoin is still young.

Unlike gold, it's already been crowded by a lot of big investors.

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June 23, 2017, 10:51:12 AM
 #710

Gold prices are more stable than bitcoin.
Long-term investment is definitely profitable.
But now Bitcoins is the most valuable than gold.

Not all the time price of gold is stable, there are times that it is also falling but not that often.

And when it comes to pricing it's better to prefer with bitcoin and not with gold, the market of bitcoin is still young.

Unlike gold, it's already been crowded by a lot of big investors.
Agree, that's the reason I better hold the btc than gold as an investment tool at the moment and I'm sure big investors also will invest in bitcoin in the next few months.

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June 23, 2017, 11:43:11 AM
 #711

Holding bitcoin is better than gold . because of bitcoin is high profitable but its should be for short term because bitcoin investment is more profitable and more risky for investor and holding  in gold it is also better but long term you will wait for long time for you profit.

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June 23, 2017, 01:17:27 PM
 #712

Holding bitcoin is better than gold . because of bitcoin is high profitable but its should be for short term because bitcoin investment is more profitable and more risky for investor and holding  in gold it is also better but long term you will wait for long time for you profit.
Yes, holding bitcoin is only better on profitability, on safety, gold is still the number one. Bitcoin is a young and strong guy but it's still in the development phase and the future of bitcoin is unpredictable so I think we should limit too much bitcoin, although gold looks old but it retains its value over time, gold is very safe and it does not have too much volatility. The best is that we should hold both gold and Bitcoin, this will help us to profit in the long run and in the short term, it also ensures safety and limits a lot of risk.

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June 23, 2017, 02:09:52 PM
 #713

Gold can't be hacked from exchanges or disappear when your gadgets go boom. The only thing to worry about is keeping a vault.
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June 23, 2017, 04:03:05 PM
 #714

Holding bitcoin is better than gold . because of bitcoin is high profitable but its should be for short term because bitcoin investment is more profitable and more risky for investor and holding  in gold it is also better but long term you will wait for long time for you profit.

yes you are right that holding bitcoin is very much profitable as compare to holding gold because the price of bitcoin is increasing and decreasing suddenly which is very beneficial for the traders and investors while the price of gold is stable, its price increases after a long time so holding gold is little profitable and you will have to wait for long time.
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June 24, 2017, 04:39:08 AM
 #715

Gold prices are more stable than bitcoin.
Long-term investment is definitely profitable.
But now Bitcoins is the most valuable than gold.

Not all the time price of gold is stable, there are times that it is also falling but not that often.

And when it comes to pricing it's better to prefer with bitcoin and not with gold, the market of bitcoin is still young.

Unlike gold, it's already been crowded by a lot of big investors.
Agree, that's the reason I better hold the btc than gold as an investment tool at the moment and I'm sure big investors also will invest in bitcoin in the next few months.

That's for sure, since there are people showing their profit in bitcoin. Others will be encouraged and convinced to enter bitcoin.

And in that case, if they do have other type of investments it's either they are going to leave the ones and migrate to bitcoin.

Like in gold but the wisest thing to do is to hold bitcoin, this is the best promising investment.

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June 24, 2017, 06:03:41 AM
 #716

Holding of gold vs holding of btc. There is a big opposite in that two. If you hold gold in a long time there is a big possibilities that you profit more than 99% of the price when brought it. While holding bitcoin in long term there is possibility that you earn more than 90% or less than that because we dont know the future value of bitcoin, maybe it become double or maybe triple after you brought it.
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June 24, 2017, 08:39:07 AM
 #717

Holding of gold vs holding of btc. There is a big opposite in that two. If you hold gold in a long time there is a big possibilities that you profit more than 99% of the price when brought it. While holding bitcoin in long term there is possibility that you earn more than 90% or less than that because we dont know the future value of bitcoin, maybe it become double or maybe triple after you brought it.
In terms of long term, i think that bitcoin has a chance for you to make you a millionaire because it has a very fast moving price and we already see that in just past 6 months of waiting so if you hold your bitcoin for that 6 months since last year then you already made a lot of money while in gold there is no assurance that you will earn good amount of money because it has a very slow price increase.
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June 24, 2017, 08:58:12 AM
 #718

In a couple of decades gold will lose its scarcity due to asteroid mining and Bitcoin will become the new global standard store of value. There, I said it.

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Betwrong
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June 24, 2017, 09:28:58 AM
 #719

In a couple of decades gold will lose its scarcity due to asteroid mining and Bitcoin will become the new global standard store of value. There, I said it.

Even without asteroid mining, which in my opinion would be economically irrational, gold will lose its value in USD in the future because we have so much gold on the planet that only if people stop using using it as jewelry the price of it will drop dramatically. And this might happen even earlier than in a couple of decades.

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Lancusters
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June 24, 2017, 09:43:49 AM
 #720

Holding of gold vs holding of btc. There is a big opposite in that two. If you hold gold in a long time there is a big possibilities that you profit more than 99% of the price when brought it. While holding bitcoin in long term there is possibility that you earn more than 90% or less than that because we dont know the future value of bitcoin, maybe it become double or maybe triple after you brought it.
In terms of long term, i think that bitcoin has a chance for you to make you a millionaire because it has a very fast moving price and we already see that in just past 6 months of waiting so if you hold your bitcoin for that 6 months since last year then you already made a lot of money while in gold there is no assurance that you will earn good amount of money because it has a very slow price increase.
Gold is certainly less increasing in price than bitcoin, but where is the guarantee that in the future bitcoin will not be a pyramid and the price will not drop to zero? Who knows? Gold this just will not happen. And the price of gold will go up dramatically if bitcoin dies.
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