Obito
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June 18, 2017, 12:27:26 PM |
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I think holding of gold is better because gold is more stable than Bitcoin. Price of Bitcoin is very volatile. Gold is also more popular and more people are interested in holding gold over bitcoin.
I would prefer to hold bitcoin rather than in gold because just like you had mention, gold's price is stable than bitcoin and that means bitcoin has an advantage to grow into a enormous price because of its unstability. If I have enough of money I'd invest it on bitcoin because it has a chance to get double.
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batang_bitcoin
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June 18, 2017, 12:38:00 PM |
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If it has a chance to hold both I think it's a very good thing, because bitcoin and gold are very promising investment tools for the future, but if one of them, I think, bitcoin is better, because bitcoin has a flexible function, For investment, but also for business.
Holding both bitcoin and gold is the best thing for an investor to do. You have assurance that you will be getting good profit whether you choose long term investment or short term investment. As both of those things are profitable though I agree with you, bitcoin has more active market rather than gold.
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Haesoo
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June 18, 2017, 01:22:30 PM |
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Well in my opinion, bitcoin will never be equal to gold because gold has physical value and represents for the whole economy while bitcoin is just numbers. One possibility for that to happen is we lose all our gold
Absolutely right. If there's no internet bitcoin will be nothing. As per gold that can be seen, its something that can be hold. Tangible is the right term. People are always after to that. No other thing can beat gold as for investment. But these two are important to our market as it gave us always profitable income.
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Betwrong
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June 18, 2017, 01:53:24 PM |
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Well in my opinion, bitcoin will never be equal to gold because gold has physical value and represents for the whole economy while bitcoin is just numbers. One possibility for that to happen is we lose all our gold
Absolutely right. If there's no internet bitcoin will be nothing. As per gold that can be seen, its something that can be hold. Tangible is the right term. People are always after to that. No other thing can beat gold as for investment.But these two are important to our market as it gave us always profitable income. Probably that would be a right statement before Bitcoin was introduced, but since the year 2009 this is not the case. Let's not talk about the obvious, that buying Bitcoin under $300 has always been a much better investment than in gold. Let's talk about the "awful time" for buying Bitcoin, namely December 2013. People who bought at $1,200 were regretting their purchase during following 3 years. Yet today we can say that even back then buying Bitcoin was a better decision than buying gold for investment, because gold price now is almost the same like it was in December 2013, 1,229 USD/oz then vs 1,253 USD/oz now, while Bitcoin has risen more than 2 times since.
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prass tyo
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June 18, 2017, 02:44:04 PM |
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I prefer to hold my bitcoin, for long term when compared with gold, because we know bitcoin prices always change while the price of gold is quite stable, so to get the profit is very small
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asriloni
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June 18, 2017, 02:47:24 PM |
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I think holding of gold is better because gold is more stable than Bitcoin. Price of Bitcoin is very volatile. Gold is also more popular and more people are interested in holding gold over bitcoin.
If you want your investment will never get the dump on its price and just try to save your investment on the gold form But bitcoin gives more opportunities for you to grab or doubled your investment anytime. Bitcoin will become popular as gold.
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Betwrong
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June 19, 2017, 01:43:23 PM |
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I prefer to hold my bitcoin, for long term when compared with gold, because we know bitcoin prices always change while the price of gold is quite stable, so to get the profit is very small
Some might argue that Bitcoin price can also go down, not only up, but I agree with you, it is always up in the long term. And Gold btw can go down too. Gold was 1,838 USD/oz in July 2011 and today it's 1,249 USD/oz. Don't forget that the purchasing power of USD went down a bit since, so it wasn't a good investment at all buying gold in 2011 - 2012.
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hurain
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June 19, 2017, 06:20:32 PM |
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If it has a chance to hold both I think it's a very good thing, because bitcoin and gold are very promising investment tools for the future, but if one of them, I think, bitcoin is better, because bitcoin has a flexible function, For investment, but also for business.
i think most of the people cannot afford to keep both bitcoin as well as gold. some people like investment, while other people like saving. those people who like investment they should choose gold, because gold is the best option for saving. as we can expect that the price of gold remain as more stable.
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xLittlegirly
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June 19, 2017, 06:33:38 PM |
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Gold is ever green market . Holding of gold is much more than Btc
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Omega Weapon
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June 20, 2017, 04:52:25 AM |
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Do you mean in this forum or in general? Because no matter the group you are referring it is impossible to know the exact number, but if you mean in general I think the holdings of gold will be many times over the holdings of bitcoin, but in this forum I suppose the holdings of bitcoin are going to be bigger than the holdings of gold.
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Wipro
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June 20, 2017, 05:00:58 AM |
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Gold is ever green market . Holding of gold is much more than Btc
It may be fit for the people who is not aware bitcoin but you are known about bitcoin I guess then how bitcoin is not better than gold for you. Gold is long run stock which accepted by world community but bitcoin will replace that place with its potential. Bitcoin may be fear for some people due to price fluctuation but this rectified and price is moving peak again. So invest on bitcoin instead of gold.
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Betwrong
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June 22, 2017, 08:42:26 AM |
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Gold is ever green market . Holding of gold is much more than Btc
No, xLittlegirly, thousands times NO. Read the comments above in this thread were it was proven that gold is not at all always a safe investment. Gold was 1,838 USD/oz in July 2011 and today it's 1,249 USD/oz. See? People who invested in gold in July 2011 lost their money. Not everything but a big part of it.
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3la9l_kolbaCa
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June 22, 2017, 08:50:42 AM |
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i think it is better to hold some bitcoins rather than golds,,bitcoins is the most valuable in the cryptocurrency right now, meaning if you just hold some of it you can gain some profits or big profits in the near future,, Gold is centralized government get taxes from it.
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hurain
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June 22, 2017, 10:29:49 AM |
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I prefer to hold my bitcoin, for long term when compared with gold, because we know bitcoin prices always change while the price of gold is quite stable, so to get the profit is very small
yes there is no doubt that holding bitcoin is more profitable in present time as compare to gold. because the price of bitcoin can increase more, while the price of bitcoin mostly remain stable and we cannot expect such a good profit from it.
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Ewinsane
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June 22, 2017, 06:36:12 PM |
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Do you mean in this forum or in general? Because no matter the group you are referring it is impossible to know the exact number, but if you mean in general I think the holdings of gold will be many times over the holdings of bitcoin, but in this forum I suppose the holdings of bitcoin are going to be bigger than the holdings of gold.
These days the gold stores are much than the bitcoin holders but I think it is due to the initial stage of bitcoin . the bitcoin prices is going up and down so the traders are now interested in bitcoin and in future people will invest in bitcoin instead of gold or other thing I think bitcoin has a bright future.
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italianobitcoin
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June 22, 2017, 09:11:25 PM |
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gold is not better then btc, coz u can't buy or sell gold like btc so for me btc holding better then gold.
Gold is way more stable then bitcoin, however holding gold alone is not smart, same applies for bitcoin, since it is volatile. The best thing is to diversify your assets and thus make it possible to profit from bitcoin's volatility and gold' stability. When a currency crash happens you are 'safe'
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tabas
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June 22, 2017, 09:16:26 PM |
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gold is not better then btc, coz u can't buy or sell gold like btc so for me btc holding better then gold.
We can say this because we are earning bitcoin but this shouldn't be debated as both things are profitable to us. Both has their own good preferences and the best thing into it is you can diversify your capital for these very good investment. Bitcoin is investment and currency while gold is also the same, both things can be a good asset.
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tn211
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June 22, 2017, 09:37:40 PM |
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My holdings in Gold are less. Maybe not even 1% and not of it is physical. Call me crazy but i prefer bitcoin in every way possible.
For a back up when fiat stats crashing, for a investment instrument and yes even as an payment instrument
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IamHigh
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June 22, 2017, 09:49:41 PM |
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In long term run and simulation. Bitcoin will generate much more profit than gold does. But there is a risk of stability in holding bitcoin while gold is very safe.
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richardsNY
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June 22, 2017, 10:20:49 PM |
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i think it is better to hold some bitcoins rather than golds,,bitcoins is the most valuable in the cryptocurrency right now, meaning if you just hold some of it you can gain some profits or big profits in the near future,, Gold is centralized government get taxes from it.
So just because a certain coin has the highest exchange rate, it is automatically better than the rest? That's basically what you are saying. It doesn't work like that -- the value of a certain coin in terms of its exchange rate only matters if everything behind it has the ability to justify that value. There have already been certain coins with a much higher exchange rate than Bitcoin, but that doesn't mean anything.... Same applies to market caps.
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