BitcoinGirl.Club
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June 11, 2017, 07:34:04 AM |
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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 honestly think currently we have more holders of gold than bitcoin and with so many cryptocurrencies the user base of bitcoin will not be greater than gold holders. We should not expect user base to be the same any time soon.
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ariie
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June 11, 2017, 07:43:03 AM |
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Hundreds or even millions of people who use gold as a value store vs. BTC ... May be a long period of time, because the gold price of sale or buy is quite stable ..
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Reid
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June 11, 2017, 07:49:05 AM |
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Hundreds or even millions of people who use gold as a value store vs. BTC ... May be a long period of time, because the gold price of sale or buy is quite stable ..
Its been stable for quite a long time and this cannot stop even if there will be no more gold to be mined. Actually it will grow more in value. Best way is to hold both. This two can be used for emergency purposes and will be much of help whenever you got broke. That is why gold have been like an apple on the eye of many people. They want to have at least a part of it and keep it for long.
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begau
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June 11, 2017, 08:04:21 AM |
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Hundreds or even millions of people who use gold as a value store vs. BTC ... May be a long period of time, because the gold price of sale or buy is quite stable ..
You weren't comparing value. You were comparing trend to make your point about correlation. Now we're sitting here listening to people talking about BTC as a serious investment. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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Himanshu111
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June 11, 2017, 08:17:34 AM |
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Gold has been there as an investment option for centuries now but Bitcoin has been there for seven or so years. Gold has a physical presence and holds more value than Bitcoin. Each and every nation has tons of gold reserve. So i think holding gold is better.
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mindrust
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June 11, 2017, 08:19:08 AM Last edit: June 11, 2017, 06:00:34 PM by mindrust |
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I bought 4 ounces of gold coins since last summer and they didn't gain me a penny till now. In fact, If i sell them now I'll lose at least 100 bucks.
I am a gold fanboy I never denied it but if I had bought 4 bitcoins 5k$ worth of bitcoins instead of 4 ounces of gold from any price since last year, I would have made 30-50k$ profit right now.
Very bad decision of mine.
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Armando
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June 11, 2017, 08:24:07 AM |
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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?
In my opinion, I would rather to hold them both, Gold is surely increasing everyweek but not that as high or aggressive like bitcoin. And for what is good about in bitcoin you can earn faster depending in the demand of the community users of bitcoin. Yaps, gold and bitcoin have an different advantage, if long-term investment, I prefer to hold gold, because the price of gold continues to grow and the real intrinsic value, it is a real asset of gold at a stable price, and we all know that gold is already used as a tool of transactions From the past, still alive till now, and still considered something worthwhile and has its own character, .. But if for short-term investments and to earn fast money, bitcoin is perfect, the price is fast changing and and always the price is posotif, will give you a quick profit, it's just bitcoin does not give any guarantee, we do not know until when this bitcoin alive . IMO buying the gold in digital form doesn't differ much in terms with the bitcoin purchase, but physical gold is really sort of completely other thing
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FlightyPouch
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June 11, 2017, 08:26:28 AM |
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Gold has been there as an investment option for centuries now but Bitcoin has been there for seven or so years. Gold has a physical presence and holds more value than Bitcoin. Each and every nation has tons of gold reserve. So i think holding gold is better.
I think holding gold is very good, and as long as you hold it for a long time, it will have a good price and will give you a good profit. While in bitcoin the price always changes every minute, it is very volatile, which is so hard to predict, and will give you a hard time, but,if you can handle it good, these two really is a good assets. So if I will pick with these two, I will pick them all.
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bitbob82
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June 11, 2017, 10:16:13 AM |
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Hundreds or even millions of people who use gold as a value store vs. BTC ... May be a long period of time, because the gold price of sale or buy is quite stable ..
Its been stable for quite a long time and this cannot stop even if there will be no more gold to be mined. Actually it will grow more in value. Best way is to hold both. This two can be used for emergency purposes and will be much of help whenever you got broke. That is why gold have been like an apple on the eye of many people. They want to have at least a part of it and keep it for long. yes price of bitcoin is too much stable and we can expect a very slight change in the price gold. so those people who want to make more money they should invest their money in bitcoin. from where they have good chances to make more money as compare to gold which has a stable price.
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DonQuijote
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June 11, 2017, 10:40:46 AM |
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Btc is looking for his price, he is looking for the moon. Gold have a relative price increasing
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June 11, 2017, 10:53:14 AM |
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It really depends on how long you will hold on your bitcoins/money/ or your gold.If you are going for a super long term investment online/offline you need to go for gold because gold is alot better for long term investment unlike bitcoins with high volatility.If youre looking for a short term project go for bitcoins ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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gabmen
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June 11, 2017, 11:19:14 AM |
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It really depends on how long you will hold on your bitcoins/money/ or your gold.If you are going for a super long term investment online/offline you need to go for gold because gold is alot better for long term investment unlike bitcoins with high volatility.If youre looking for a short term project go for bitcoins ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Well i'm nit really sure how this run will be for btc and being a user, im hoping for the best. Though whichever way you look at it, gold will be gold and in think gold would retain it's value long into the future even when btc is dead. It wouldn't hurt to keep both for good measure.
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bitllionaire
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June 11, 2017, 11:54:56 AM |
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Gold has been there as an investment option for centuries now but Bitcoin has been there for seven or so years. Gold has a physical presence and holds more value than Bitcoin. Each and every nation has tons of gold reserve. So i think holding gold is better.
but the trend of the people is now changing from time to time. and now they are giving more preference to virtual currency and therefore they are also giving more preference to bitcoin instead of Gold, because Gold have now become stable that we cannot get some profit even after years, while from bitcoin we can get a good profit in a very short period of time.
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buwaytress
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June 11, 2017, 11:58:34 AM |
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I bought 4 ounces of gold coins since last summer and they didn't gain me a penny till now. In fact, If i sell them now I'll lose at least 100 bucks.
I am a gold fanboy I never denied it but if I had bought 4 bitcoins instead of 4 ounces of gold from any price since last year, I would have made 30-50k$ profit right now.
Very bad decision of mine.
Gold is seen as a reserve, a long-term asset that hedges against risk over years, if not decades. Don't worry about "losing" out. You haven't made any losses, you still have your gold. 4 ounces is not bad value today and it is highly unlikely that it will be bad value in 2,5 or 10 years. As much as we all want Bitcoin to stay, we can't say the same for it right now.
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hurain
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June 11, 2017, 12:39:49 PM |
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Gold has been there as an investment option for centuries now but Bitcoin has been there for seven or so years. Gold has a physical presence and holds more value than Bitcoin. Each and every nation has tons of gold reserve. So i think holding gold is better.
i think both has their own importance, those people who do not know about bitcoin they are giving more preference to Gold because they are using gold traditionally. but those people who know about the importance of bitcoin they give more preference to bitcoin as compare to bitcoin. because in present time bitcoin is more profitable as compare to Gold
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joromz1226
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June 14, 2017, 07:24:12 AM |
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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?
If you are in this industry well, obviously you will choose of course holding bitcoins. Though there's an instances that bitcoin has a similarity in Gold. Which is as time pass by the value increases, but in bitcoin fluctuation there is sometimes the movement is very aggressive and sometimes very slow moving.
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Senja Kemuning
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June 14, 2017, 09:00:07 AM |
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I suggest to select both, don't be tempted even though prices are skyrocketing because of the bitcoin it is no certainty. holding gold is more secure because the gold is always stable and acceptable to everyone.
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marcuslong
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June 14, 2017, 02:34:44 PM |
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I suggest to select both, don't be tempted even though prices are skyrocketing because of the bitcoin it is no certainty. holding gold is more secure because the gold is always stable and acceptable to everyone.
Only one just choose one, For you if you are rich and wanted to waste money for that two but if im going to ask im only going to choose one and thats would be bitcoin bitcoin now are reach the gold price and it will conquer the world soon with the new technology that bitcoin can do. Holding bitcoin can make a good profit since bitcoin has the prediction of after 5 years or 5 years from now bitcoin will be half of a million price how does this sound to you?
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peter23
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June 14, 2017, 02:41:12 PM |
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im a holder of bitcoin and also i know how to hold gold too but the better in that two is the bitcoin why? bitcoin has the biggest value in the crypto currency right now, and also bitcoin can double its own value in just a day but gold can't do that bitcoin also decentralized not like gold
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hisuka
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June 14, 2017, 03:53:48 PM |
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My stands for this is both, holding of gold and holding bitcoin. As gold is also used in many users until now and still being on top of any investment. Gold is the best and accepted worldwide. While in bitcoin is good as this is volatile price and for sure you can earn big profit for a long term.
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