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Author Topic: Holdings of gold vs Holdings of btc  (Read 62727 times)
Zadicar
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November 18, 2016, 03:38:17 PM
 #421

Theres  no actual or precise  statistics  with this on  how  many people do  store gold  and  bitcoins  on  their  possesions. No one would  know  hence its an  investments  and   never  be shown or tell  on  public. Like  gold its a precious  metal  and people would not really tend to tell anyone  regarding on their  holdings. Unlike bitcoin  which  is an  anonymous  thing  and  its  really  hard to tell the actual  numbers of users  worldwide.

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November 19, 2016, 08:09:50 AM
 #422

Theres  no actual or precise  statistics  with this on  how  many people do  store gold  and  bitcoins  on  their  possesions. No one would  know  hence its an  investments  and   never  be shown or tell  on  public. Like  gold its a precious  metal  and people would not really tend to tell anyone  regarding on their  holdings. Unlike bitcoin  which  is an  anonymous  thing  and  its  really  hard to tell the actual  numbers of users  worldwide.
Of course, otherwise they will get rob if they will let the public know. Even in bank they observed the bank secrecy law considering bankers know our holding and anytime they can divulge that if they wanted to violate the bank secrecy law.
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December 15, 2016, 05:08:12 PM
 #423

holding of gold would not be more profitable than bitcoins because theifs more aim at valuable gold and they dont know even about bitcoins .and if ur country says that  u could not posses more than some amount of gold then u have to return that amount to the government ,well in that case bitcoins is better ,u can store them in cold wallet.

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December 15, 2016, 05:13:07 PM
 #424

The number of people who hold their savings in gold is bigger than the number of people who choose bitcoin for the same target. Because of gold seems more trustworthy, it showed itself through the centuries and bitcoin is the new thing on the market and many people just afraid to put their savings in this newbie.
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December 15, 2016, 05:28:30 PM
 #425

The number of people who hold their savings in gold is bigger than the number of people who choose bitcoin for the same target. Because of gold seems more trustworthy, it showed itself through the centuries and bitcoin is the new thing on the market and many people just afraid to put their savings in this newbie.

You are right but I think that the bitcoin is way more profitable on a long term and also short term, the gold is only profitable on a long term most of the times.
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December 16, 2016, 03:20:58 AM
 #426

I think holding of gold is more secure than holding of bitcoin but if we choose to holding gold we need to wait until 2 or 3 years to see a significant profit.  if we holding bitcoin, the chance to get big profit is big enough becouse the price is move really wild.


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December 16, 2016, 04:43:03 AM
 #427

I think holding of gold is more secure than holding of bitcoin but if we choose to holding gold we need to wait until 2 or 3 years to see a significant profit.  if we holding bitcoin, the chance to get big profit is big enough becouse the price is move really wild.
Well, I have to agree with it, gold is more stable so it is more secure. Bitcoin is still an online asset which has no physical value unlike gold and gold has remain precious until now and rich people are wanting to invest with gold since it's profitable due to the constant increase of value.

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December 16, 2016, 04:48:12 AM
 #428

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 will suggest both but separately according to as what amount of money you want to invest in it .
If you are looking to invest small amount of money , about $500-1000 then You should go for Bitcoin but if you want to go for above $1k investment then gold will be better idea .

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Script3d
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December 16, 2016, 08:57:02 AM
 #429

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 will suggest both but separately according to as what amount of money you want to invest in it .
If you are looking to invest small amount of money , about $500-1000 then You should go for Bitcoin but if you want to go for above $1k investment then gold will be better idea .
i dont take holding gold will be profitable since gold is stable , personally i will never use and hold gold , you can make alot of profit with bitcoin since its unstable unlike gold.
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December 17, 2016, 06:27:00 AM
 #430

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 will suggest both but separately according to as what amount of money you want to invest in it .
If you are looking to invest small amount of money , about $500-1000 then You should go for Bitcoin but if you want to go for above $1k investment then gold will be better idea .
i dont take holding gold will be profitable since gold is stable , personally i will never use and hold gold , you can make alot of profit with bitcoin since its unstable unlike gold.
What you are trying to mean is that the price is unstable, right? I guess with that comparison to gold we can conclude that gold is really stable, however bitcoin can give us more chance to earn great profit if this progress will continue and imagine how much money we have if it will continue to grow the value.

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December 17, 2016, 09:35:18 AM
 #431

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 will suggest both but separately according to as what amount of money you want to invest in it .
If you are looking to invest small amount of money , about $500-1000 then You should go for Bitcoin but if you want to go for above $1k investment then gold will be better idea .
i dont take holding gold will be profitable since gold is stable , personally i will never use and hold gold , you can make alot of profit with bitcoin since its unstable unlike gold.

gold is also profitable, based on the time and so many other factors price of gold is also fluctuating which makes it profitable enough as an investment. besides it is mostly trading that makes all of these investments profitable, which means you buy on the dips and sell when price went up.

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December 17, 2016, 04:16:20 PM
 #432

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 will suggest both but separately according to as what amount of money you want to invest in it .
If you are looking to invest small amount of money , about $500-1000 then You should go for Bitcoin but if you want to go for above $1k investment then gold will be better idea .
i dont take holding gold will be profitable since gold is stable , personally i will never use and hold gold , you can make alot of profit with bitcoin since its unstable unlike gold.

gold is also profitable, based on the time and so many other factors price of gold is also fluctuating which makes it profitable enough as an investment. besides it is mostly trading that makes all of these investments profitable, which means you buy on the dips and sell when price went up.
I think that gold is the save bet. I know not a single report that would say it will be worthless one day.
With bitcoin it's different. Bitcoin is risky, there are reports that say in five to ten years nobody is going to use bitcoin anymore.
But of course possible profit that can be generated with bitcoin is way bigger than with gold.

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December 17, 2016, 06:52:40 PM
 #433

if you want to hold for a long period then i would recommend the gold because gold has been and will always stay on the market as long as man kind ever live because there is a constant demand on it , as for the short term bitcoin is the best because bitcoin keeps growing in price however with the increase of people using it it became harder to get and harder to mine which means that the quantity of bitcoin is decreasing so as long as their is bitcoin i will chose bitcoin over gold.
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December 17, 2016, 09:19:29 PM
 #434

I would always choose to hold gold instead of bitcoin. Gold's value is and always will increase, slowly but steadily. Bitcoin's values is fluctuating.
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December 18, 2016, 06:26:04 AM
 #435

you can have profit on both because those two if we put money from it it will be called as an investment but still storing your money on gold as an investment is more profitable because it has a balance grow and gold will never drop the price . while bitcoin is fast when it comes on growing its price but its not stable as gold because the price of bitcoin could drop down. and that was the disadvantages of bitcoin when it comes on gold.
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December 18, 2016, 06:33:46 AM
 #436

if you want to hold for a long period then i would recommend the gold because gold has been and will always stay on the market as long as man kind ever live because there is a constant demand on it , as for the short term bitcoin is the best because bitcoin keeps growing in price however with the increase of people using it it became harder to get and harder to mine which means that the quantity of bitcoin is decreasing so as long as their is bitcoin i will chose bitcoin over gold.

Because it's hard to mine doesn't mean the quantity is decreasing. The number of bitcoin is continuously increasing because people are still mining it. I don't understand your point about not choosing to hold bitcoins even if the price is increasing and the number of coins in circulation is decreasing (according to you). The price is increasing, isn't that the thing that you're looking for if you're going to hold something valuable? The increase in the number of bitcoin users would also increase the demand on bitcoin which will increase the price of bitcoins.

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December 18, 2016, 06:54:17 AM
 #437

holding of gold you know we human has more value for gold because we know more of gold and it value as a costly metal and we also know that the prices of gold is also not constant it move up and down but as for bitcoin holding of bitcoin is  of great good for those who knows that bitcoin keep on increasing in prices as the day passes by and is constant.
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December 18, 2016, 07:13:04 AM
 #438

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.
I think gold also has the advantage of at least you will avoid large fluctuations and losses waluapun hold gold in the long term. for bitcoin you need a proper analysis in order to profit from hold
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December 18, 2016, 07:28:06 AM
 #439

you can have profit on both because those two if we put money from it it will be called as an investment but still storing your money on gold as an investment is more profitable because it has a balance grow and gold will never drop the price . while bitcoin is fast when it comes on growing its price but its not stable as gold because the price of bitcoin could drop down. and that was the disadvantages of bitcoin when it comes on gold.
If that so. tell my why bitcoin could increasing its price about more than 80% within a year while gold is just stay there with a little bit price increase. why you say that gold is more profitable than bitcoin?
the volatility as you spoke before itself could maximize the profit and the stability will make your profit just little

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December 18, 2016, 08:16:32 AM
 #440

i am prefer and feel comfort to holdings of btc because i can handle and manage my bitcoin in my wallet, beside that i can use for my own purpose. but if i have much of money, then i will holdings of gold as we know, the gold price is stable and its a good investment for us. so for now, i will choose holdings of btc as i only have btc.

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