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Author Topic: Holdings of gold vs Holdings of btc  (Read 62724 times)
DrGuns4Hands
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December 18, 2016, 09:38:51 AM
 #441

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.
thats a good choice right there i would prefer to hold gold too if i have a lot of money because we all know that bitcoin is not stable as we are expecting compare to gold . gold is more stable than bitcoin and gold price also growing year by year. right now im saving all my bitcoin so i can invest it to gold too so ican make more profitable in that way.
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December 18, 2016, 09:41:34 AM
 #442

Holding gold can be profitable in the long terms while holding Bitcoin can be profitable both short-terms and long-terms  though in times of economic meltdown I am not sure which of the two platforms can perform better. So why not hold both?
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December 18, 2016, 09:50:53 AM
 #443

Holding gold can be profitable in the long terms while holding Bitcoin can be profitable both short-terms and long-terms  though in times of economic meltdown I am not sure which of the two platforms can perform better. So why not hold both?

That is right, why not holding both items besides both are good investments.Gold on the other hand is a very useful one,it can be moulded into jewelries and sold for higher prices or can be used in electronics as it is a good conductor. While bitcoin is also a good investment online, and offline by only holding it.

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December 18, 2016, 01:03:26 PM
 #444

Holding gold can be profitable in the long terms while holding Bitcoin can be profitable both short-terms and long-terms  though in times of economic meltdown I am not sure which of the two platforms can perform better. So why not hold both?

That is right, why not holding both items besides both are good investments.Gold on the other hand is a very useful one,it can be moulded into jewelries and sold for higher prices or can be used in electronics as it is a good conductor. While bitcoin is also a good investment online, and offline by only holding it.
Yeah maybe you're right, it would be better if it holds gold and bitcoin because both include a good investment. If we have the expertise to invest will be successful if it invests in both. Investing in gold and invest in bitcoin is the same, and each has its own risks. But if it can be used properly will make a huge profit. So it is better to try to invest in gold and also bitcoin. Good suggestion, friend Wink
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December 18, 2016, 01:34:04 PM
 #445

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.

nobody knows these things about bitcoin for sure only because it is a new technology so you can't predict it based on the history it had. i bet it was exactly the same for many other markets too in the first 10 years of their existence. and bitcoin is growing right now and there is no reason for it to die in the next 5 years. 10 years is not sure but it will certainly take a lot for bitcoin to go down at this point.

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December 18, 2016, 01:35:23 PM
 #446

I hold 3% of my net worth in gold and about 2% in silver. About 50% in btc at this moment and the rest in the bank and real estate, stocks ect.

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December 18, 2016, 01:45:54 PM
 #447

if smothered in a very long time, maybe I choose gold. Gold is an investment that will clearly provide a high price in the future. but, if it was smothered in a short time, probably bitcoin will be a wiser choice than gold. Well, bitcoin has been specifically designed in order to make money in a short time.
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December 18, 2016, 01:53:57 PM
 #448

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.
thats a good choice right there i would prefer to hold gold too if i have a lot of money because we all know that bitcoin is not stable as we are expecting compare to gold . gold is more stable than bitcoin and gold price also growing year by year. right now im saving all my bitcoin so i can invest it to gold too so ican make more profitable in that way.

I don't have choice either but to hold bitcoins, no one doesn't like gold but all of us are wanting to have it. But since there is an alternative type of gold investments, we can just simply use the new world's gold and that is digitized and being called bitcoin.

I hold 3% of my net worth in gold and about 2% in silver. About 50% in btc at this moment and the rest in the bank and real estate, stocks ect.

Good thing that you have those type of investments and that is securing that you will get decent profit in the right time.



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December 18, 2016, 04:39:43 PM
 #449

I hold 3% of my net worth in gold and about 2% in silver. About 50% in btc at this moment and the rest in the bank and real estate, stocks ect.
So you are trying to tell that you really are Robert De Niro with all these wealth. Since the values are just wage i cannot understand your total estimated wealth Cheesy i do hold more gold than bitcoin because i am a late entrant in the bitcoin economy and since i am not a miner i do hold a few coins.

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December 18, 2016, 04:44:12 PM
 #450

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.

Even if you have gold you can also manage them as they have physical shape so you can keep them somewhere safe where no one can find them and they cannot just disappear like bitcoin, because bitcoin is just a conceptual thing but it does not have any physical existence so there is always a possibility of bitcoin getting disappeared from web and we should know this always.
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December 18, 2016, 05:17:01 PM
 #451

Gold is trusted more obviously because it has shown its strength within the whole history of humanity. Btc is too risky, because it is new and hasn't got some guarantees of it being worth anything. If you have gold you can be sure that you'll be able to sell it anywhere and anytime. Bitcoin, on the contrary, is illegal in some countries and quite unstable as well.

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December 18, 2016, 05:54:31 PM
 #452

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.
This is a good point, in addition to allow storing value in a more decentralized and secure manner, the costs to store this are smaller, and Bitcoin works not only as a way of storing value, but also as a way to send and receive payments with just a few clicks.
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December 18, 2016, 05:56:25 PM
 #453

I thinking is better holding btc then gold. In a few years will price go more up.
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December 18, 2016, 07:36:15 PM
 #454

The reason i still mining and trading bitcoin is to earn extra money to buy gold, or property
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December 22, 2016, 03:23:00 PM
 #455

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.


Its hard to say when we can see the same support coming up for bitcoin as enjoyed by gold. Gold is precious now, but if someone discover or invents a method to create gold, then its value can crash. In olden days, Roman used salt because salt as currency as it was scare and valuable. Nobody would use salt as currency now as it can be made.
Perhaps one day gold may face the same issue, but not bitcoin as bitcoin is capped at 21 million.


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December 23, 2016, 08:58:03 AM
 #456

Its hard to say when we can see the same support coming up for bitcoin as enjoyed by gold. Gold is precious now, but if someone discover or invents a method to create gold, then its value can crash. In olden days, Roman used salt because salt as currency as it was scare and valuable. Nobody would use salt as currency now as it can be made.
Perhaps one day gold may face the same issue, but not bitcoin as bitcoin is capped at 21 million.

Gold is precious right now and it will always be in the future. The technology has stepped up its game for years now and there's still no one that's creating a lot of gold out of a "method". We can only mine it. Gold is a natural resource and I don't think there would ever be a way to make one out of something that doesn't have gold elements. Salt, on the other hand, is just a processed sea-water or salt water.

Please, you can't just compare one thing to another and then come up to a conclusion. Gold and salt are two different things.

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December 23, 2016, 10:40:40 AM
 #457

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 hold bitcoin in a cold wallet.Because bitcoin price is increasing rapidly and its future is very good and strong.I can use my bitcoin anytime when i am on emergency.But with gold it is not so secure like bitcoin.I have to wait a long time for its price rising.Again,I cant use my gold all the time.So,thats why i like to hold bitcoin rather than hold gold.
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December 26, 2016, 06:04:27 PM
 #458

I think it will be better if we hold of bitcoins .as in the near future when bitcoins will be the digital cryptocurrency all ivet the globe u l have more power than other people who have fiat and is it not cool to posses bitcoins.
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December 26, 2016, 07:52:53 PM
 #459

I am sure that your holding of bitcoin must have outpaced gold. So you see for yourself, which one is a better investment destination. Also the gold price is coming down worldwide. On the other hand, bitcoin price is increasing day by day.

Gold has some tangible value which bitcoin does not have. That is the only place where god is beating bitcoin. Otherwise I do not see any other reason to invest in gold leaving bitcoin behind.

   
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SvenBomvolen
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December 26, 2016, 08:20:33 PM
 #460

   I`m sure someone posted same article, cause I saw thread about this. http://www.forbes.com/sites/panosmourdoukoutas/2016/12/09/is-bitcoin-better-than-gold/#19664a357c14  "Bitcoin has been beating gold by a big margin so far this year." This is the best answer on this question, there is no doubt about that, even forbes confirm that in their article.
   Holding bitcoins is better then holding gold, with current potential bitcoin can touch the sky, gold will be where it was always on same on peoples bodies like finery, where it should be.
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