conio.h
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December 24, 2015, 07:00:08 AM |
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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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angaper
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December 24, 2015, 07:12:37 AM |
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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.
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smith coins
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December 24, 2015, 07:17:56 AM |
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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)
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dk8218
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Activity: 56
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December 24, 2015, 08:15:02 AM |
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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  |
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ajun96
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December 24, 2015, 08:40:23 AM |
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BTC has way more volatility, it can't be compared to gold
do you think gold, don't have a price? they have a price, the price is different each time, of course we can compare it |
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bearex
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December 24, 2015, 11:22:32 AM |
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A little bit of both, just in case one chrashes. At current time, bitoin price fluctuates more, but gold can also drop or rise very hard in a short period.
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hawkins
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December 24, 2015, 11:53:25 AM |
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Well, I think it's better to hold gold than bitcoin withstand, as we know the value of gold the longer will be growing because gold will always be in use every person, while bitcoin, prices always go up and sometimes down, the price statistics are not in the know
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HWoodrow
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December 24, 2015, 12:03:02 PM |
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That's the same thing I guess. But gold price is more more stable than BTC. But in the next year BTC will have a price that gold will not have. So, for BTC I guess that is better to hold, for gold if you sell it or not, it is the same thing.
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bitart
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December 24, 2015, 10:21:32 PM |
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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)
You can hire a safe in a commercial banks' trezor if you want to store phisical gold. The monthly fee is less than your internet service fee which is necessary for bitcoin. They even have some extra size safe if you have that kind of amount in gold. If you store a kind of amount in bitcoin, the safe can be necessary as well (depends on the amount) in order to store your bitcoins in a paper wallet or hardware wallet if you want them to be at a safe place. Basically the monthly fees are similar, it's all about the risks that decides |
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ajun96
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December 25, 2015, 01:25:31 AM |
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Well, I think it's better to hold gold than bitcoin withstand, as we know the value of gold the longer will be growing because gold will always be in use every person, while bitcoin, prices always go up and sometimes down, the price statistics are not in the know
lol, what do you see? 5 years ago until now, gold prices continue to down, you can see on gold price http://goldprice.org/you will see the price of gold continued to fall in the last 5 years |
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Blue_Tiger73
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December 25, 2015, 01:54:39 AM |
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A little bit of both, just in case one chrashes. At current time, bitoin price fluctuates more, but gold can also drop or rise very hard in a short period.
Yeah. It is always better to invest in multiple things instead of keeping all your eggs in one basket. |
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BeGoods
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Merit: 1008
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December 25, 2015, 02:34:22 PM |
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A little bit of both, just in case one chrashes. At current time, bitoin price fluctuates more, but gold can also drop or rise very hard in a short period.
both are the same to have fluctuations the difference is gold is more stable but I heard the price of gold will go decline, I would choose withstand bitcoin  |
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MTBTT
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December 26, 2015, 12:49:26 PM |
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A little bit of both, just in case one chrashes. At current time, bitoin price fluctuates more, but gold can also drop or rise very hard in a short period.
Yeah. It is always better to invest in multiple things instead of keeping all your eggs in one basket. If you invest all the money in both of these faults, their prices based on the dollar. when the dollar strengthens. the price of the two will be equally as down, of course it will make you dizzy |
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avw1982
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December 26, 2015, 01:25:11 PM |
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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)
Bitcoin is even better than gold because its mathematically-constrained scarcity makes it deflationary by design, just like gold. New bitcoins are generated as people spend BTC and their transactions are added to the global chain, at the rate of 25 BTC for every new batch. gold is better than bitcoin means we have to 5000 years before.LOL;) |
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cointtoo
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December 26, 2015, 02:12:24 PM |
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BTC value is inconsistent to an impressive degree, you can never predict how it will move and to what extent, Gold is currently unstable but on long term it's relatively stable, BTC is a fast investment and gold is a slower one IMO.
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calkob
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December 26, 2015, 02:20:43 PM |
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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 gold will always have great value, as well as silver. I dont think it has to be one or the other. you can own and invest in both. |
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Jet Cash
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https://JetCash.com
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December 26, 2015, 03:06:16 PM |
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When you talk about buying gold, make sure you differentiate between physical gold and paper gold. Sales of paper gold are 300 times the volume of physical gold. This is why the price can drop when there is a shortage of supply, and an increase in demand for physical gold. Copper is an interesting alternative to gold, now that gold is so expensive. At one time copper was worth more than gold.
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Offgrid campers allow you to enjoy life and preserve your health and wealth. Save old Cars - my project to save old cars from scrapage schemes, and to reduce the sale of new cars. My new Bitcoin transfer address is - bc1q9gtz8e40en6glgxwk4eujuau2fk5wxrprs6fys |
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BeGoods
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December 31, 2015, 05:40:05 AM |
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A little bit of both, just in case one chrashes. At current time, bitoin price fluctuates more, but gold can also drop or rise very hard in a short period.
both are the same to have fluctuations the difference is gold is more stable but I heard the price of gold will go decline, I would choose withstand bitcoin |
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copperhorse111
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December 31, 2015, 12:29:31 PM |
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Holdings of gold are mostly for big investments and low profit needed and low risk investors and investments, BTC is a high risk and possibly high profit money investment.
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greBit
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December 31, 2015, 01:11:27 PM |
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A little bit of both, just in case one chrashes. At current time, bitoin price fluctuates more, but gold can also drop or rise very hard in a short period.
both are the same to have fluctuations the difference is gold is more stable but I heard the price of gold will go decline, I would choose withstand bitcoin Both are not same because when gold's value goes down it doesn't go down with a huge margin and neither it increase with huge margin it's more stable when compared with Bitcoin but BTC can shoot up real quick and with huge margin just like how we doubled our value this year. But I appreciate your choice to withstand with BTC even I will do the same |
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