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Author Topic: Holdings of gold vs Holdings of btc  (Read 62725 times)
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October 24, 2017, 05:55:51 PM
 #1201

Gold's has been good for all the years but bitcoin for me is the best choice of holdings. And I do believe that bitcoin will be beating or it will be reach another price by making 1 bitcoin = 1 gold and it can even be higher than that. For an investor that keeps on looking for some other investments that will be making it's growth in less time, no doubt that bitcoin is the choice for them. We've been here and we know what bitcoin can do.

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October 24, 2017, 06:02:36 PM
 #1202

Gold holders are more than bitcoin holders because of the trust that gold provides to the holder. Bitcoin needs to be accepted worldwide before it could take this position of gold.
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October 24, 2017, 06:23:21 PM
 #1203

if you want a good deal earnings i providing suggestions to holding bitcoin but have a substantial risk is similar with what you get. holdings gold only preserve your income most folks suggests gold not make you rick but maintain you prosperous, gold not higher threat loses of price
I think the best idea will be to look at the price chart of both things, despite the fact that gold is easier to buy in a lot more, I would recommend a bitcoin anyway.
Today, we can buy Bitcoin easily, I do not see any problem to buy a lot of Bitcoin unless you have not money.
Important, if your country have any limits or policies about cryptocurrency and Bitcoin, you need to be careful because you can get catch by the police.
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October 24, 2017, 06:23:35 PM
 #1204

Gold holders are more than bitcoin holders because of the trust that gold provides to the holder. Bitcoin needs to be accepted worldwide before it could take this position of gold.

Gold has thousands of years of history as a store of value. It's reasonable to expect gold to continue to be valued by people in the future, which is why it retains value. Bitcoin has a history of 7ish years. Between the two, what would you trust more? Things only have value that everyone expects to have value. It's a self-fulfilling prophecy; the things we value are only valuable because we value them. Right now, bitcoin can continue to rise on the expectation that people in the future will be willing to pay more than what it's worth now. If you didn't believe that, you wouldn't be buying at $5700. The problem is we don't know this isn't a bubble. Bubbles don't become apparent until they pop, just like ponzi schemes don't become apparent until they crash. This commodity (it's not a currency) with only a 7 year history could be a new normal, or it could be an unpopped bubble. With only 7 years of history, and much of that not even meaningful, I certainly am not putting money into an asset with this type of valuation. The risk here is unquantifiable.

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October 24, 2017, 07:33:55 PM
 #1205

For the people saying that gold is a worthy and reasonable mean of value and has been for hundreds of years and that it will be worth a lot forever. Well, with the development of the technology we can even one day expect times where pure gold can be made in labs, it will therefore lose it's uniqueness and value. After bitcoin there will be many other digital currencies and new coins, maybe even better ones. So it's not like anything lasts forever. Bitcoin can be safely considered a new gold for the digitalized world.
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October 24, 2017, 07:35:25 PM
 #1206

For me there is little comparison, bitcoin can make you rich, gold can just keep you rich

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October 25, 2017, 01:01:23 PM
 #1207

For the people saying that gold is a worthy and reasonable mean of value and has been for hundreds of years and that it will be worth a lot forever. Well, with the development of the technology we can even one day expect times where pure gold can be made in labs, it will therefore lose it's uniqueness and value. After bitcoin there will be many other digital currencies and new coins, maybe even better ones. So it's not like anything lasts forever. Bitcoin can be safely considered a new gold for the digitalized world.

Minerals are actually natural resources. That means that the only way to produce them is by means of the nature's process. It's possible that there will be some development in technology that might allow that in the far future. But I bet it was made for better things other than making gold. Gold is out there for a long time and the people that have funded the project of that thing that can create gold probably have some investment in gold. Why would they reproduce gold? That will affect the market and if they are going to make gold and sell in the market for some profit, eventually the price of gold will go down because of this and they will just lose money as well. Like I said, there will be far better applications for that technology.

Right now, bitcoin is not at all unique. There are literally thousands of cryptocurrencies out there that offers better feature than bitcoin. It's just that bitcoin is at the top and is the most hyped amongst every coin. Other than that, bitcoin is not that special at all. So your argument about bitcoin not lasting forever because of new coins and better ones is false.

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October 25, 2017, 01:51:05 PM
 #1208

For me there is little comparison, bitcoin can make you rich, gold can just keep you rich

Although bitcoin prices go up, but we never know what's going to happen with bitcoin's future, it's all guessing and speculating, the gold price is stable and despite the increase of only a dozen percent annually but I suggest to keep investing in gold.


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October 25, 2017, 02:15:53 PM
 #1209

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?
For me if you want to get rich you must hold bitcoins because for now bitcoin has the higher interest return on investment than to a gold. Gold in the contrary is also good because it can be hold forever because its price and value will last forever unlike bitcoin we do not know what the future holda unto it but as for now I will choose hold bitcoins.
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October 25, 2017, 02:28:10 PM
 #1210

It takes time and patience if you want to get profit if we hold gold, but with hold bitcoin then every hour and day our money continues to grow and make us faster to succeed and rich than hold gold.
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October 25, 2017, 02:29:57 PM
 #1211

both of them do have a good investment value. but if you think I would prefer to invest in bitcoin because the price is high enough but with great risk as well. but that does not matter because now the price of bitcoin is quite significant.
But if you want a safe investment and low interest rates could be a gold investment

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October 25, 2017, 02:50:30 PM
 #1212

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 been deposited on earth billions of years ago and as humans existed gold has been part of our ancestors lives so obviously majority of the people arround the world or most of us knows about gold  because this element will never change over time while Bitcoin is just a new form of asset as it was founded in late 20th century. Gold has unlimited source while Bitcoin has only 21 million supply but in terms of price I think limited supply maybe a winner over unlimited supply due to scarcity and increasing demand. The problem with gold is it's security and cannot be transferred anywhere in the world in just a matter of seconds. The fact about gold is that it will remain as it is until the next generation of living things and beings. For example if there would be a huge asteriod impact that could wipeout humanity Bitcoin also will be vanished but gold will still be gold. I think Bitcoin holders may increase or decrease anytime due to the unstable market but with gold holders will skyrocket because of Bitcoin millionaires possibly investing gold or maybe vice versa. Grin



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October 25, 2017, 02:58:35 PM
 #1213

Holding of gold is always better than BTC in long run as market price of gold is stable and always increases but on the other hand BTC is highly unstable and you don't know when its market gonna go high and when its gonna go low. Also, in my country every house holds gold rather than BTC as its like a tradition and they believe that gold is good investment.
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October 25, 2017, 03:12:51 PM
 #1214

Gold and bitcoin are two completely different products. Many are comparing the two, because they want Bitcoin to fill some of the role that gold is filling today. Right now that is not really possible, as the differences in volatility are too high. When Bitcoin's volatility calms down it might open up for bigger investors (like institutions) to join the party, but for now it's only for the risk willing or neutral investors.

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October 25, 2017, 03:30:06 PM
 #1215

Holding of gold is always better than BTC in long run as market price of gold is stable and always increases but on the other hand BTC is highly unstable and you don't know when its market gonna go high and when its gonna go low. Also, in my country every house holds gold rather than BTC as its like a tradition and they believe that gold is good investment.

When we see the history of bitcoin the price growth is much better than the gold,so i think bitcoin is better than gold.Like you said the bitcoin price is highly unstable but when we see the long run it increases always.It will continue to rise untill there is demand for bitcoin.The difference is gold is an physical object but crypto is in digital form but we can convert in to fiat or we can use it to buy products but in gold when we change gold into fiat the loss is very high than compared to bitcoin.

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October 25, 2017, 04:15:44 PM
 #1216

holding of bitcoin is too better than holding of gold because the rate of bitcoin is increasing day by day and also the rate of bitcoin is very high so if their is small increase occur in the rate of bitcoin then you can get enough profit while holding of gold is not too better because the rate of gold is not increasing too much and also the rate of gold is very low as compare to bitcoin.
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October 25, 2017, 04:31:24 PM
 #1217

not too late to hold bitcoin, in December there will be a new coin that is bitcoin silver. I am sure the BTC request will be huge.
save your bitcoin until December.  Grin

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October 25, 2017, 04:49:08 PM
 #1218

Bitcoin is little insecure if we see it as government points of view because we can't predict what govt. Is going to do with bitcoin, for example China did, there was lots of people who got affected because they were holding bitcoin for future.
On similar way gold is still secure to hold because it is much more stable price and govt. can't ban the gold trading.

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October 25, 2017, 04:51:51 PM
 #1219

Holding of gold is always better than BTC in long run as market price of gold is stable and always increases but on the other hand BTC is highly unstable and you don't know when its market gonna go high and when its gonna go low. Also, in my country every house holds gold rather than BTC as its like a tradition and they believe that gold is good investment.

When we see the history of bitcoin the price growth is much better than the gold,so i think bitcoin is better than gold.Like you said the bitcoin price is highly unstable but when we see the long run it increases always.It will continue to rise untill there is demand for bitcoin.The difference is gold is an physical object but crypto is in digital form but we can convert in to fiat or we can use it to buy products but in gold when we change gold into fiat the loss is very high than compared to bitcoin.
They do really have their disadvantage but when it comes on how strong the support then i would go for gold since its really being backed and knowing it can be mined physically.When it comes on price movement it is really far on bitcoin but yet this thing is been here since the beginning of time which we can really presume that this is really also a good investment.If you do have the money then better choose 2 than on 1.

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Boys27
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October 25, 2017, 04:57:08 PM
 #1220

holding bitcoin and holding gold are equally profitable because both investments are the best pick for now, that's my view

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