Holdings of gold vs Holdings of btc

[knowhow]

With gold you need to expose your details with bitcoin yoi dont need,you can trade bitcoin with 1 dollar and make good return with gold you need time.

[Supercrypt]

I think that to hold gold is certainly more difficult than hold bitcoin. Imagine if you invest a lot of money in gold. surely you'll buy a lot of gold bars. gold weighing mind how to save it?
and of course in the form of physical goods will be easy to steal I prefer to hold bitcoin

It is a nice suggestion, bitcoin with a million of dollars will be very easily stored in a wallet on your PC or even with your mobile phone while for gold you will have to provide a large place and some good security in order to secure them from thieves etc.

[tabas]

Better to hold btc than gold. Since there are lots of btc exchange sites out there you can easily exchange them if you are going to hold btc rather than holding gold you need to invest hard time to it and look for buyers for long time

[arwin100]

Better to hold btc than gold. Since there are lots of btc exchange sites out there you can easily exchange them if you are going to hold btc rather than holding gold you need to invest hard time to it and look for buyers for long time

I dont think you read about more info on bitcoin in wiki bro as you can see there the bitcoin price go raise in the year 2013 it goes to @1000$ per btc but drop to 100$  and even lower and for now it regain its price aGAin i dont think it is good idea to compare it to gold because i must prefer gold than bitcoin  and gold ia better because it ia precious item use by many jewelers and other businessman in real world gold is more stable than bitcoin id rather choose gold and i dont want to risk my money in bitcoin for long time..

[kenot21]

Better to hold btc than gold. Since there are lots of btc exchange sites out there you can easily exchange them if you are going to hold btc rather than holding gold you need to invest hard time to it and look for buyers for long time

Holding gold for long time is a good investment. Actually it won't take long time to find buyers of gold. There are lot of gold exchange that exist because it's price is stable enough and maybe in the future the price would get high.
Bitcoin is for holding short term only for a quick big profit.

[tabas]

Better to hold btc than gold. Since there are lots of btc exchange sites out there you can easily exchange them if you are going to hold btc rather than holding gold you need to invest hard time to it and look for buyers for long time

I dont think you read about more info on bitcoin in wiki bro as you can see there the bitcoin price go raise in the year 2013 it goes to @1000$ per btc but drop to 100$  and even lower and for now it regain its price aGAin i dont think it is good idea to compare it to gold because i must prefer gold than bitcoin  and gold ia better because it ia precious item use by many jewelers and other businessman in real world gold is more stable than bitcoin id rather choose gold and i dont want to risk my money in bitcoin for long time..

Wow really? Thanks bro I don't know about that. Well if you are in favor of gold all I can say that even though gold is a precious item you need to be more patient for looking a buyer on it.

[MaritiJames3]

Better to hold btc than gold. Since there are lots of btc exchange sites out there you can easily exchange them if you are going to hold btc rather than holding gold you need to invest hard time to it and look for buyers for long time

I dont think you read about more info on bitcoin in wiki bro as you can see there the bitcoin price go raise in the year 2013 it goes to @1000$ per btc but drop to 100$  and even lower and for now it regain its price aGAin i dont think it is good idea to compare it to gold because i must prefer gold than bitcoin  and gold ia better because it ia precious item use by many jewelers and other businessman in real world gold is more stable than bitcoin id rather choose gold and i dont want to risk my money in bitcoin for long time..

Wow really? Thanks bro I don't know about that. Well if you are in favor of gold all I can say that even though gold is a precious item you need to be more patient for looking a buyer on it.

Well this is not true, it will sometime take some time but most of the times I had no problems with selling my gold.
I like them both but gold is very profitable on long term and I'm now fully focusing on short term investments so than the bitcoin is better.

[Denker]

Better to hold btc than gold. Since there are lots of btc exchange sites out there you can easily exchange them if you are going to hold btc rather than holding gold you need to invest hard time to it and look for buyers for long time

Holding gold for long time is a good investment. Actually it won't take long time to find buyers of gold. There are lot of gold exchange that exist because it's price is stable enough and maybe in the future the price would get high.
Bitcoin is for holding short term only for a quick big profit.

Can you buy food and other things with gold?How divisible is it?
Can you shop online with gold?
How easy it is to manipulate the gold price?
How easy is it to store or transport gold, especially when crossing borders?

There are questions everyone should think about if he plans to invest in gold and now has additional options like Bitcoin.
If somebody would tell me I have to decide, either or, I would choose Bitcoin.
It has way more potential as we are living in the digital ages.It's still very young and in an early stage of development.Again potential!
I can buy goods with it.It's easy to store and to transport.It's way harder to manipulate it's price.

[beerlover]

I think that to hold gold is certainly more difficult than hold bitcoin. Imagine if you invest a lot of money in gold. surely you'll buy a lot of gold bars. gold weighing mind how to save it?
and of course in the form of physical goods will be easy to steal I prefer to hold bitcoin

If you buy gold in huge amount, then you need to provide income proof, tax returns, source of income etc, and bitcoin doesn't care of all those things,So I will prefer bitcoin.

And the other thing is that you can carry your bitcoin to any place and to any country of the world, it will remained untouched by any third party, while you are not allowed to carry your piles of gold with you to any other country.

[markj113]

@ Denker & beerlover

How much bitcoin do you currently hold?

[Amph]

I think that to hold gold is certainly more difficult than hold bitcoin. Imagine if you invest a lot of money in gold. surely you'll buy a lot of gold bars. gold weighing mind how to save it?
and of course in the form of physical goods will be easy to steal I prefer to hold bitcoin

If you buy gold in huge amount, then you need to provide income proof, tax returns, source of income etc, and bitcoin doesn't care of all those things,So I will prefer bitcoin.

And the other thing is that you can carry your bitcoin to any place and to any country of the world, it will remained untouched by any third party, while you are not allowed to carry your piles of gold with you to any other country.

not to mention that gold in other coun try is more regulated tha other country, for example in some country they require you to show your id when selling gold or buy at phisical shop

bitcoin is free from all those no-sense

[Yakamoto]

I think that to hold gold is certainly more difficult than hold bitcoin. Imagine if you invest a lot of money in gold. surely you'll buy a lot of gold bars. gold weighing mind how to save it?
and of course in the form of physical goods will be easy to steal I prefer to hold bitcoin

If you buy gold in huge amount, then you need to provide income proof, tax returns, source of income etc, and bitcoin doesn't care of all those things,So I will prefer bitcoin.

And the other thing is that you can carry your bitcoin to any place and to any country of the world, it will remained untouched by any third party, while you are not allowed to carry your piles of gold with you to any other country.

not to mention that gold in other coun try is more regulated tha other country, for example in some country they require you to show your id when selling gold or buy at phisical shop

bitcoin is free from all those no-sense

In a way it makes sense that you have to show your ID when you buy gold, however, I'm basing the rest of my statement off of the assumption that they don't record your id and just verify it.

Assuming you're buying the gold with a credit card, and also assuming it is a pawn shop, chances are they just want to verify you didn't steal the id to make such a large purchase.

I could be wrong, but that's what seems to be the most likely reason for that.

[BitHodler]

Better to hold btc than gold. Since there are lots of btc exchange sites out there you can easily exchange them if you are going to hold btc rather than holding gold you need to invest hard time to it and look for buyers for long time

I dont think you read about more info on bitcoin in wiki bro as you can see there the bitcoin price go raise in the year 2013 it goes to @1000$ per btc but drop to 100$  and even lower and for now it regain its price aGAin i dont think it is good idea to compare it to gold because i must prefer gold than bitcoin  and gold ia better because it ia precious item use by many jewelers and other businessman in real world gold is more stable than bitcoin id rather choose gold and i dont want to risk my money in bitcoin for long time..

Wow really? Thanks bro I don't know about that. Well if you are in favor of gold all I can say that even though gold is a precious item you need to be more patient for looking a buyer on it.

Here it's quite difficult to get a decent price for gold as no one is willing to pay you more than 85% of the actual value.

And the funny thing is that when you buy gold here that you pay a premium of 10%. Either way, you lose.

[markj113]

not to mention that gold in other coun try is more regulated tha other country, for example in some country they require you to show your id when selling gold or buy at phisical shop

bitcoin is free from all those no-sense

Except Russia where it will soon get you up to 7 years in jail -

http://qz.com/672780/russia-is-considering-legislation-that-would-send-bitcoin-users-to-jail-for-up-to-7-years/

Other countries to follow?

[ultimatesky]

I honestly think holding bitcoin is better because you can make more profit with it if you do it on a right way.
I do not like to wait as a example for profit so that is also why bitcoin is better for me than gold.

In my opinion they are both good but it depends on how you want to make profit, do you need money fast or do you want to make a lot of money and wait a long time for it.
I invested in them both and I also made profit with them both on a long term and with a long term I must say that gold is better but this is of course logical.

[markj113]

Here it's quite difficult to get a decent price for gold as no one is willing to pay you more than 85% of the actual value.

And the funny thing is that when you buy gold here that you pay a premium of 10%. Either way, you lose.

What country is that?

In the UK I am buying at 2% over spot and can get pretty much spot selling to some dealers.

You would get over spot if you sold on ebay so why would anyone sell at 85% spot value, are you sure you arent just looking at dodgy pawn shop prices?

[bitcoinhopper]

I honestly think holding bitcoin is better because you can make more profit with it if you do it on a right way.
I do not like to wait as a example for profit so that is also why bitcoin is better for me than gold.

In my opinion they are both good but it depends on how you want to make profit, do you need money fast or do you want to make a lot of money and wait a long time for it.
I invested in them both and I also made profit with them both on a long term and with a long term I must say that gold is better but this is of course logical.

You are right, I love holding the bitcoin because its more profitable, these days the bitcoin is going up in its price and I bought it low so for me the choice is easy.
Compared with the holdings, gold can also be good but this is depending by person some people do not like waiting too long.

[Amph]

not to mention that gold in other coun try is more regulated tha other country, for example in some country they require you to show your id when selling gold or buy at phisical shop

bitcoin is free from all those no-sense

Except Russia where it will soon get you up to 7 years in jail -

http://qz.com/672780/russia-is-considering-legislation-that-would-send-bitcoin-users-to-jail-for-up-to-7-years/

Other countries to follow?

there is bangladesh and venezuela, but they are the minority, and their reason is no-sense, because you cna actually do better criminal stuff with their locla fiat currency, but they won't admit that ever

and anyway i'm still curious on how can they hinder someone from using bitcoin from his home...

for example let's assume i'm in russia nd i perform a transaction, how can they know that i have used bitcoin and thereby arresting me? this whole thing make no sense and they know it

not to mention about mining....uncontrollable

[italianobitcoin]

It would be better if you are holding your Bitcoin now and the reason is because you cant get much money now for it so it would be better if you are holding it now and wait.
So the chance will also be higher that you can earn money from it and that would be perfect.

[Vaskiy]

It would be better if you are holding your Bitcoin now and the reason is because you cant get much money now for it so it would be better if you are holding it now and wait.
So the chance will also be higher that you can earn money from it and that would be perfect.

yeah i feel better to have bitcoin holdings as it will be more profitable in future and at this moment bitcoin has more chances to overrule gold as halving is coming within two months with great price rise and provides huge benifits to its users.