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Author Topic: Holdings of gold vs Holdings of btc  (Read 62732 times)
Xester
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October 23, 2016, 06:43:53 AM
 #401

Only banks and other institution dealing with investments have the record of how many were into gold investments.  Gold has been around since the early civilization.  It was used as money and later on became more valuable than money thus became part of commodities that is into investment.  Bitcoin is now gold.  Many were into it right now.  Unlike gold which needed a huge amount of money to buy some or invest some, bitcoin can be earned.
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November 06, 2016, 07:25:56 PM
 #402

the holing of gold to bitcoins cant really be compared to each other when it comes to the physical items as no one can at home hold that much gold but can bitcoins but if it in relation to keeping it as a investment then at the  moment gold is the best as it as not lost value that make keeping as an investment as a bad idea but bitcoin  did and could drop again so if you got gold thn keep it one day bitcoin might overtake gold a it easy to store but not yet. 

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November 06, 2016, 08:56:16 PM
 #403

I think gold is more stable and trusted worldwide. It will probably always be worth something. The problem with bitcoin is that it relies on technology and is new and may not succeed, so there are probably much fewer people that use it as a store of value.

 
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November 06, 2016, 09:09:55 PM
 #404

I hold x5 gold (usd equivalent) for every bitcoin i have. So, my rate is 1/5 (btc/gold).

Gold has a %10 of guaranteed average profit against USD for every year since 2000's. *source: goldprice.org

On the other hand, bitcoin made a very good jump in 2013 and it came back to 1/5 of its top value last year and started to recover from there again since then. (gold did a similar jump (to 1900$) and died exactly like bitcoin (to 1000-1200$) and started to recover after that, interesting.)

Since i don't know if bitcoin will give me that %10 guaranteed profits which gold can give me, that's why i hold more gold. Gold has a strong history of thousands of years. You just can't throw a history like that into the trash can so easily.

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November 06, 2016, 09:15:02 PM
 #405

Holding of bitcoin is much more better than holding of gold because gold increasing its price too much slowly and bitcoin is very fast increasing its price so if you want to make a big profit then buy bitcoin and hold it for short term investment .
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November 06, 2016, 11:10:53 PM
 #406

i think holding of bitcoin is very much good and profitable than gold because bitcoin is very useful and bitcoin price is very high and stronger and we can use bitcoin in everywhere as currency and bitcoin can be use use as investment .
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November 07, 2016, 02:33:19 AM
 #407

Holding bitcoin becouse the price will rise in te future. Bitcoin is really good to be an investment. So holding it is always profitable. Do not worry about the existance of bitcoin, becouse the price of bitcoin in the market is absolutely strong. Although is good too, but you need big capital for buy it. So I think the best is holding bitcoin.

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November 07, 2016, 03:14:00 AM
 #408

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 compare with bitcoin are not equal I thought, it will never be the same. There are plenty of gold more than bitcoin in number and more people trust value of gold as a good option to holdings even the value of bitcoin could extremely increases in one night though, so there will always more people holding gold than holding bitcoin.
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November 07, 2016, 03:41:29 AM
 #409

I think holding bitcoin is better than gold, the price movement of bitcoin is better than gold and then for now bitcoin is still free from tax and nobody can check my wealth, while gold is now being taxed by my government
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November 07, 2016, 04:25:18 AM
 #410

I think holding bitcoin is better than gold, the price movement of bitcoin is better than gold and then for now bitcoin is still free from tax and nobody can check my wealth, while gold is now being taxed by my government
Definitely I will go with holding my bitcoins, it's more profitable for me and that is based on experience. We have more room to grow our investing in bitcoin than in gold and that is something we are holding when investing with bitcoin. True, the risk is there but it's more on the calculated risk, you can also minimize that while increasing your chance to make profit.

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November 07, 2016, 05:06:39 AM
 #411

I think holding bitcoin is better than gold, the price movement of bitcoin is better than gold and then for now bitcoin is still free from tax and nobody can check my wealth, while gold is now being taxed by my government
Definitely I will go with holding my bitcoins, it's more profitable for me and that is based on experience. We have more room to grow our investing in bitcoin than in gold and that is something we are holding when investing with bitcoin. True, the risk is there but it's more on the calculated risk, you can also minimize that while increasing your chance to make profit.
I think I will stay on board with you, holding is the simplest way to make money, as long as you have trust with bitcoin, you can always buy bitcoins and hold it for the future. The price will certainly increase in the future and that is the most probable thing that would happen.

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November 07, 2016, 05:17:33 AM
 #412

I think holding bitcoin is better than gold, the price movement of bitcoin is better than gold and then for now bitcoin is still free from tax and nobody can check my wealth, while gold is now being taxed by my government
Definitely I will go with holding my bitcoins, it's more profitable for me and that is based on experience. We have more room to grow our investing in bitcoin than in gold and that is something we are holding when investing with bitcoin. True, the risk is there but it's more on the calculated risk, you can also minimize that while increasing your chance to make profit.
I think I will stay on board with you, holding is the simplest way to make money, as long as you have trust with bitcoin, you can always buy bitcoins and hold it for the future. The price will certainly increase in the future and that is the most probable thing that would happen.


Always I use both gold and Bitcoin. Both of these are good for their object. But there are nuances that need to be taken into account. You need to have experience in their use


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November 07, 2016, 05:25:24 AM
 #413

I think holding bitcoin is better than gold, the price movement of bitcoin is better than gold and then for now bitcoin is still free from tax and nobody can check my wealth, while gold is now being taxed by my government
Definitely I will go with holding my bitcoins, it's more profitable for me and that is based on experience. We have more room to grow our investing in bitcoin than in gold and that is something we are holding when investing with bitcoin. True, the risk is there but it's more on the calculated risk, you can also minimize that while increasing your chance to make profit.
I think I will stay on board with you, holding is the simplest way to make money, as long as you have trust with bitcoin, you can always buy bitcoins and hold it for the future. The price will certainly increase in the future and that is the most probable thing that would happen.
holding if you don't aiming the price or targetting the price and keep holding until the world doomed LOL it's such a waste of time because bitcoin's price always rising and falling and it's absolutely happening,if you don't sell when the price just rising and just keep holding,what do you expect of making profit then?

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November 18, 2016, 01:23:32 PM
 #414

Holding of bitcoin is much worthy compared to the holding of gold. The reason is that gold has got much popularity but it has a stabilized price. Because of the stabilized price profit earning is really hard but with bitcoin we can get assured profit because the price varies often.

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bamboylee
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November 18, 2016, 02:43:04 PM
 #415

Do you include gold jewelry holding gold? It is just a few ounce but it grows in value right? If you are just counting bars of gold, then the banks can tell you that. But there is no sense comparing bitcoin and gold anyway. They are different in almost all aspects. So if you can get hold of gold, then do so. If bitcoin, then hold on it too.
BitHodler
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November 18, 2016, 02:48:40 PM
 #416

Do you include gold jewelry holding gold? It is just a few ounce but it grows in value right? If you are just counting bars of gold, then the banks can tell you that. But there is no sense comparing bitcoin and gold anyway. They are different in almost all aspects. So if you can get hold of gold, then do so. If bitcoin, then hold on it too.
Jewelry also counts of course since it has Gold weight, but I personally don't see jewelry as an investment as you pay a much greater price than the metals are worth.

Bitcoin and Gold offer quite similar features. To name up a few - Store of value, investment, currency, they are both being minted through doing intensive work, and the list goes on.

The users of both options might be different though. With Gold people are more focusing on a long term strategy, while people praise the volatility of Bitcoin as it allows them to enjoy short term profits.

BSV is not the real Bcash. Bcash is the real Bcash.
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November 18, 2016, 02:57:07 PM
 #417

hold bitcoin today is probably better than gold hold. Well, the current price is already very high bitcoin than last month. bitcoin current price of almost $ 750, perhaps the end of bitcoin prices will actually reach $ 800, so this could be an investment in the short term profitable

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November 18, 2016, 03:06:13 PM
 #418

Holding of bitcoin is much worthy compared to the holding of gold. The reason is that gold has got much popularity but it has a stabilized price. Because of the stabilized price profit earning is really hard but with bitcoin we can get assured profit because the price varies often.

To me, bitcoin and gold are similar in the way that they both are viewed as safe havens by many. Gold is, for sure, way more established as an investment vehicle as bitcoin is still in its early stages.
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November 18, 2016, 03:13:23 PM
 #419

Do you include gold jewelry holding gold? It is just a few ounce but it grows in value right? If you are just counting bars of gold, then the banks can tell you that. But there is no sense comparing bitcoin and gold anyway. They are different in almost all aspects. So if you can get hold of gold, then do so. If bitcoin, then hold on it too.
Jewelry also counts of course since it has Gold weight, but I personally don't see jewelry as an investment as you pay a much greater price than the metals are worth.

Bitcoin and Gold offer quite similar features. To name up a few - Store of value, investment, currency, they are both being minted through doing intensive work, and the list goes on.

The users of both options might be different though. With Gold people are more focusing on a long term strategy, while people praise the volatility of Bitcoin as it allows them to enjoy short term profits.

I think we can not consider that jewelry are counted since jewelry are not only gold. in jewelry you can see diamon silver or other kinds of metals that we can call jewelry.. gold is jewelry but it is just belongs to jewelry..

Gold it is good only if you rich that you can invest a large amount of money that you can wait for a long time years. but in bitcoin the movement price of bitcoin is fast like this price right now from few days we seen price increase again..
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November 18, 2016, 03:26:34 PM
 #420

Well, if you consider the fact that Gold is here for thousands of years, with high liquidity market, and strong user base, you'll realize that's something really hard to achieve. But the good thing is that Bitcoin has already a good network effect, with an ecosystem that expands every day.
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