doedz
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August 04, 2017, 04:10:22 PM |
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Holding both is possible and more of an assurance. Holding gold seems most practical and most realistic because of its physical value. Rather than holding BTCitcoin who has many vulnerabilities and risks.
The biggest risk of bitcoin is the price that is not fixed. While gold is relatively stable and has been trusted for hundreds of years. Gold will remain a valuable asset and jewelry of every person. Bitcoin is a future exchange tool. Both will be the same as a solid commodity in the future.
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Lampaster
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August 04, 2017, 04:31:40 PM |
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Holding both is possible and more of an assurance. Holding gold seems most practical and most realistic because of its physical value. Rather than holding BTCitcoin who has many vulnerabilities and risks.
The biggest risk of bitcoin is the price that is not fixed. While gold is relatively stable and has been trusted for hundreds of years. Gold will remain a valuable asset and jewelry of every person. Bitcoin is a future exchange tool. Both will be the same as a solid commodity in the future. Investing in gold has not caught on among ordinary people. Banks issue small investment gold bars from 1 gram to 100 grams, but they are not in demand among the population. This is because the price of gold is always stable and there are problems with its implementation. With Bickham it's different and it's really a folk instrument for investment.
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The_Dark_Knight
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August 05, 2017, 03:51:50 AM |
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Gold vs bitcoin discussion is the one of the most repeated topics on this forum. Well holding bitcoin for long time can give a huge profit but it involves high risk, however holding gold for a long time can't give a huge profit but it involves minimum risk.
It is a common discussion but we need to be honest, it is one of the most entertaining topics there are, gold is for those that are already happy with their wealth and want to maintain it, but for those of us that want to earn more money bitcoin is the clear winner.
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HasHe
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August 09, 2017, 10:45:44 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?
We could not compare holding gold with holding bitcoins.Gold has been saved as a store value for centuries.So its quite natural that it has a vast user base all over the world.But bitcoin has just crossed its initial eight years and so it has less volume of user base when compared to gold.But since bitcoin price is increasing highly and its giving huge returns to its investors unlike gold,many gold investors too have started investing in bitcoins.So the user base of bitcoins would increase more in the future.
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dasana212
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August 09, 2017, 12:40:57 PM |
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In corner of supply and ownership, I believe gold holders more than bitcoin holders. Because people in the world almost all know gold as an investment. While bitcoin, is virtual currency created by technology. However, popularity of bitcoin much more booming than gold.
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Mahanton
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August 09, 2017, 12:46:03 PM |
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If i do have the money to go on both things i will go for it for sure because holding these two things will give you fortune later on but engaging on this two things would really cost you a lot. We know its not cheap already and both have expensive prices which we do have a hard time on buying it if we are just an average earning person. Lucky for those who really have the funds to put on money on these both things.
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R |
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batang_bitcoin
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August 09, 2017, 12:50:48 PM |
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In corner of supply and ownership, I believe gold holders more than bitcoin holders. Because people in the world almost all know gold as an investment. While bitcoin, is virtual currency created by technology. However, popularity of bitcoin much more booming than gold.
Gold has been there since the bible times, the old testament times. Both holdings of gold and bitcoin are profitable but if you are techie person you will depend on holdings with bitcoin. And if you are an old timer investor you will always depend on the usual type of investment in metals like gold, silver, platinum etc.
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Rent this sig space so that BTC goes to $100k.
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jostorres
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August 11, 2017, 03:54:19 PM |
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In corner of supply and ownership, I believe gold holders more than bitcoin holders. Because people in the world almost all know gold as an investment. While bitcoin, is virtual currency created by technology. However, popularity of bitcoin much more booming than gold.
Gold has been there since the bible times, the old testament times. Both holdings of gold and bitcoin are profitable but if you are techie person you will depend on holdings with bitcoin. And if you are an old timer investor you will always depend on the usual type of investment in metals like gold, silver, platinum etc. Indeed, it totally depends what kind of trader you are. If you are school of thoughts, you will definitely be attracted by gold but if you are fond of technology, your vote will go for Bitcoin. As a matter of fact we all know that Bitcoins are far better than gold in regard of producing profit in short time.
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sheldonnnn
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August 12, 2017, 08:40:31 AM |
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Gold is much more reliable because it has physical value. Also becouse of that gold is the basis of the entire world economy. But bitcoin is much more profitable today. But still can not replace gold, I think.
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wizardee
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August 12, 2017, 10:00:38 AM |
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I would definitely lean towards holding bitcoin as opposed to holding gold. Gold will always hold its value and is very stable, whereas bitcoin is far more volatile, but we can expect to see its price increase much much higher in the future. If you want to invest in something very stable and with a small window of profit, then gold is your answer. If you invest in bitcoin, it is just a bit riskier, but more profits will come your way.
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Magic Sarap
Member
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August 12, 2017, 10:09:19 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?
Gold has a physical value and Bitcoin's value changes from time to time. The price of gold is more stable compared to Bitcoin. If you'll ask many people about which is more reliable, they'll surely answer Gold because it is less volatile. But it is just that Bitcoin is more profitable especially nowadays that its price is continuously increasing day after day.
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Jaknip
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August 23, 2017, 08:43:24 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?
Gold has a physical value and Bitcoin's value changes from time to time. The price of gold is more stable compared to Bitcoin. If you'll ask many people about which is more reliable, they'll surely answer Gold because it is less volatile. But it is just that Bitcoin is more profitable especially nowadays that its price is continuously increasing day after day. Gold is more reliable, but the bitcoin has more potential.
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rizkyaza
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August 23, 2017, 09:59:48 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?
It seems that gold users today are so many because they aim not for investment for profit but only for jewelry, different from bitcoin users now is for investment, bitcoin users are losing a lot when compared with the golden user
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darthmaul
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August 24, 2017, 04:23:16 AM |
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With today's time stamp there seem to be very less users who know bitcoin and are willing to invest into bitcoin. Yes im speaking perfectly and i have not made mistake while typing. Gold is actually more popular because it is traditional way of investing and for everybody it is physical and precious metal which they can feel in their real life. Thats the reason more people are getting attracted to it.
Though we keep saying bitcoin is best investment but there are still lros and cons which are debating in current era. The user base is poor and i believe only billion or so people know what bitcoin is. Thats not even 10% of total population on the earth. Not everyone has access to the internet and not everyone is skilled in using it. So there is still half of the population which is unware of bitcoin for the different different reasons. So weightage goes to gold. At least for now. :-)
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Sniper150
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August 24, 2017, 04:38:21 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?
As of now, few of them are using gold because gold is hard to get now. Inadequate of gold mining is what we are facing now that's why many people having a case of robbery. Gold now is hot in the human eye. I think bitcoin is better to hold than gold now because bitcoin has many benefits than gold. That's why I choose for bitcoin because I think I could earn a big profit on it.
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batang_bitcoin
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August 24, 2017, 04:44:22 AM |
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In corner of supply and ownership, I believe gold holders more than bitcoin holders. Because people in the world almost all know gold as an investment. While bitcoin, is virtual currency created by technology. However, popularity of bitcoin much more booming than gold.
Gold has been there since the bible times, the old testament times. Both holdings of gold and bitcoin are profitable but if you are techie person you will depend on holdings with bitcoin. And if you are an old timer investor you will always depend on the usual type of investment in metals like gold, silver, platinum etc. Indeed, it totally depends what kind of trader you are. If you are school of thoughts, you will definitely be attracted by gold but if you are fond of technology, your vote will go for Bitcoin. As a matter of fact we all know that Bitcoins are far better than gold in regard of producing profit in short time. I personally attracted to gold but we are into the days of where the technology is owning almost everything and this is why I'm into holding of bitcoin. But if someone is going to offer me to buy his gold for a cheaper price I will not think twice with it because it's also a good investment, it's just about investment nothing less, nothing more.
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Rent this sig space so that BTC goes to $100k.
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noormcs5
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August 24, 2017, 04:45:50 AM |
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Gold vs bitcoin discussion is the one of the most repeated topics on this forum. Well holding bitcoin for long time can give a huge profit but it involves high risk, however holding gold for a long time can't give a huge profit but it involves minimum risk.
With the gold that's actually not true, Gold can give huge profits expecially when there is financial crisis in one of the big economies in the world, traders seem to go in for gold whenever a crisis happens either financial or terrorist attacks, it's the safest bet for them. If we discuss about the safest than bitcoin is also safest crypto currency and people believe and trust on it, and we could save our bitcoin into our wallets and it mean we save our money from thief and government, because we are not paying tax on bitcoin. But about huge profit than may be gold give us more than bitcoin. But personally, i have never experience of gold and i like to use bitcoin, that's why i prefer bitcoin on gold.
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Dr.Osh
Legendary
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PredX - AI-Powered Prediction Market
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August 24, 2017, 04:50:07 AM |
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If it has both will be very good if it is resistant for long period of time. But, if need money, I think selling bitcoin to taste would be better, because gold will always be a real treasure, while bitcoin, the price is unstable. But, will be very good at make as a tool of short and long term investment.
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dobladi
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August 24, 2017, 06:11:12 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?
It will still be a long way for Bitcoin to match up with Gold, especially in terms of being an investment and the number of user base holders. Gold is being used before by different countries and different eras , also considered a became a currency to countries which is not yet developed. Which means that its community is way bigger than community of Bitcoin which affects its demand.
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Finestream
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August 24, 2017, 08:40:48 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?
It will still be a long way for Bitcoin to match up with Gold, especially in terms of being an investment and the number of user base holders. Gold is being used before by different countries and different eras , also considered a became a currency to countries which is not yet developed. Which means that its community is way bigger than community of Bitcoin which affects its demand. It's a long way but it seems like bitcoin is going to that way in a fast pace. Gold holders cannot say they are more profitable because bitcoin is giving more and their investment are more liquid. They can use it in their daily transactions and they can trade it as well, in reality bitcoin is more useful than gold and in time when people realize its value, it will be considered more precious than gold.
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