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Author Topic: Holdings of gold vs Holdings of btc  (Read 62724 times)
kiloiko
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September 14, 2017, 11:20:00 AM
 #1041

Holding of bitcoin and holding of btc has lots of difference. So, its the user who decides based on the necessity. For the one who expects an increased income with much risks in it prefer bitcoin, while the people who expect security for the holdings unlike the profiting prefers gold. This tendency might change when bitcoin gives an assurance of 100% risk free in terms of hacking and other encounters.
You are right. There is a risk factor which plays a vital role in case of Bitcoin, but I think if we make a comparison between both then we’ll see this thing that the profit which we will be getting from holding of Bitcoin will be much more than holding of gold. You cannot achieve anything good by holding gold.
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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Humvee998
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September 14, 2017, 11:58:03 AM
 #1042

Because of these bitcoin vs gold arguments, there are people now who combined the two together.
Will it going to work? I depends on who and how, plus only time can tell.....
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September 14, 2017, 12:10:01 PM
 #1043

Top 10 Reasons I Buy Gold & Silver - Mike Maloney
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Amazing video.

Crosshair
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September 14, 2017, 12:10:21 PM
 #1044

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.
JuanSanchezzz
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September 14, 2017, 12:20:32 PM
 #1045

I would always choose to hold gold instead of bitcoin. Gold's value is and always will increase, slowly but steadily. Bitcoin values is fluctuating.
sumangs
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September 14, 2017, 12:30:41 PM
 #1046

Gold is better when dealing with investment. Since bitcoin price is still volatile. Gold price keeps increasing overtime since gold varies with its limited number while bitcoin varies with the number of investors. So when dealing with investments, always choose gold.
bitbunnny
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September 14, 2017, 12:39:34 PM
 #1047

I would always choose to hold gold instead of bitcoin. Gold's value is and always will increase, slowly but steadily. Bitcoin values is fluctuating.

I can't agree fully. Gold always had a value, since there was human kind, but it's not true that price of the gold is always increasing. It has its ups and downs like every other good and I remember some time about two years ago when gold price was realy down.
My choice is Bitcoin because I find it more profitable and more convenient but I admit it's risky choice.

Fundalini
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September 14, 2017, 02:13:05 PM
 #1048

Gold is well established enough to be used as a retirement fund while bitcoin on the other hand isn't. Well--let's say you could but the risk is too great. Also gold is a readily liquidated asset unlike bitcoin so gold is the obvious choice for me.
fredo123
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September 14, 2017, 02:51:37 PM
 #1049

I would always choose to hold gold instead of bitcoin. Gold's value is and always will increase, slowly but steadily. Bitcoin values is fluctuating.

I can't agree fully. Gold always had a value, since there was human kind, but it's not true that price of the gold is always increasing. It has its ups and downs like every other good and I remember some time about two years ago when gold price was realy down.
My choice is Bitcoin because I find it more profitable and more convenient but I admit it's risky choice.

Yup my choice is also Bitcoin for some certain reason like decentralized, more convenient to hold, and much profitable if you are smart enough to analyze the trend and its value before you sell. Possessing Gold could be easily robbed by somebody planning for bad intentions, and its value took more years to yield good interest.
Bunsomjelican
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September 14, 2017, 03:24:14 PM
 #1050

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?
At the reality things happened now there are more people who choose to hold Gold in terms of gold users, but in terms of volatility it is much more aggressives to choose bitcoin than  Gold because we could had a better chance for us to earn fast rather than gold as well.
bn88
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September 14, 2017, 03:33:28 PM
 #1051

I will explain to you what is bad and good for each choice:
- Gold is basic valuable of anything in life. So keep gold will make you safe but the profit isn't high. it's very low for each day.
- Bitcoin is a future digital currency. But cause of the volatility bitcoin isn't firm like gold. Some days it lose valuable but some days it fucking grow up multiples time valuable. So if you want to risk . this is your choice.
TonixGaming_14
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September 14, 2017, 03:55:39 PM
 #1052

Holding of gold than holding btc is different because if you hold gold it will gone but if you hold btc it might change to increase your hold bitcoin due to increasing of bitcoin price.

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Shofiqul
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September 14, 2017, 04:19:00 PM
 #1053

Gold does genuinely have reputation since its being here since the earth have been made and it do exist for a million of years on which even the most dependable advance starting at now see its regard.They do really have the two resemblances as to regard yet when we are examining advancement then bitcoin does genuinely have the edge yet considering on the converse way on which it might crash as brisk as he rise.
nkarm1
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September 14, 2017, 04:36:04 PM
 #1054



Holding of gold than holding btc is different because if you hold gold it will gone but if you hold btc it might change to increase your hold bitcoin due to increasing of bitcoin price.

No sir you are so wrong about gold, try reading more about it and you'll be really enlightened with it. Gold has been the main treasure for humans for thousand of years and right now it has established itself as the main guy for all investment. When a downside occurs in a certain economy of a country, gold is always the backup of stock traders and it never disappoints them. That is how it is really trusted so your investments will never gone.
About the OP, since I'm a millennial living in Internet world I would hold more Bitcoin aside from holding gold. Ten or more years from now, cryptocurrency will take over this world because of the vast improvements of technology running with internet. Blockchain tech has a future of being a main transaction medium for every trade of goods, simple money transfer, and things that we usually do on our daily life. So you might wanna keep Bitcoins with me for that bright future for us?  Grin
financetalks
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September 14, 2017, 04:42:42 PM
 #1055

Re Holdings of gold vs Holdings of btc

If you ask this question on a btc forum, most people would choose btc.

If you ask this question on a gold/commodity forum, most people would choose gold.

In fact, both gold and btc has its value. It is quite difficult to compare directly.
leexhin
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September 14, 2017, 05:29:47 PM
 #1056

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 think bitcoin is better to hold than gold. I've heard from a friend of mine who is an economist that gold price is manipulated easily, same goes with bitcoin but bitcoin is very volatile that it can even grow into thousands folds if many would invest to it. So, holding bitcoin is a good choice.
Rana590
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September 14, 2017, 05:45:01 PM
 #1057

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 think holding Bitcoin is better than holding gold because the price of gold is stable now but the price of Bitcoin is not stable. It will increase day by day. If you wanna get high profit then you can hold bitcoin without any dilemma.
EdenHazard
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September 14, 2017, 06:02:48 PM
 #1058

Gold does genuinely have reputation since its being here since the earth have been made and it do exist for a million of years on which even the most dependable advance starting at now see its regard.They do really have the two resemblances as to regard yet when we are examining advancement then bitcoin does genuinely have the edge yet considering on the converse way on which it might crash as brisk as he rise.
but still even in the crisis like now happening , to hold bitcoin far better than hold a "stagnant" gold. bitcoin just not yet really as popular as gold ( of course the invention difference between both are far away ) so no wonder people still prefer to choose gold.

they are not confident to put their value in bitcoin , where bitcoin actually offers you a protection against inflation.

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boyshx
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September 15, 2017, 04:40:23 AM
 #1059

Holding of gold would be very shitty move as we can now buy more bitcoin. The price has dropped dramatically and everyone can now see the profits are going to bloom a lot in few months. If you buy gold at this point then you have just what you have invested and nothing is going to be paid back to you. If you invest in bitcoin at this point then for sure there is chance you will get twenty to thirty percent interest on it within two to three months.


This is the reason why we should hold bitcoin and buy more often.

Streamlink
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September 15, 2017, 06:58:48 AM
 #1060

well for me it is so better to have more bitcoins that gold, bitcoin is increasing its own price rapidly while the gold can't just increase its price because of the government that manipulate it, so better to have bitcoins than gold, hold bitcoin.
I agree with you gold is the one thing that price if even it will go high it wont go high as much as bitcoin you can check all the stats of gold and al the stats of bitcoin from the last 5 years to confirm what i am saying.
There is no need to check statistics; we all know that it is the fact of this decade that bitcoins have successful surpassed gold in being the most expensive asset of the world. Bitcoins are far better for long term investments now than gold. Gold investors are frequently switching to bitcoins.
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