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Author Topic: Holdings of gold vs Holdings of btc  (Read 62725 times)
Redanim
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November 01, 2017, 01:53:34 PM
 #1301

Gold is one of the most liquid assets and is a symbol of financial well-being.  Bitcoins cryptocurrency, which until recently, did not enjoy wide demand only because of people's distrust of electronic money.  But in practice, cryptocurrency has many advantages.  At the moment, if you want quickly make money, then of course you need invest in bitcoins, but you can lose everything if bitcoin rate will fall.  If you want make profit slowly but surely it is certainly best to invest in gold.
okwang231
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November 01, 2017, 03:29:01 PM
 #1302

for me gold still I'm not judging by my btc just my gold because it's more time that it's worth the price it does not crash down btc because we have to wait long or wait its price is so frivolous to lose gold because gold has long been known since no btc has gold in the world so for me it's better to hold gold.

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Prince786
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November 01, 2017, 03:48:08 PM
 #1303

my friend told me that about bitcoin
they say "you will more easily profit in the near future" by bitcoin.Gold is a physical item that will retain its value for thousands of years and will be appreciated for its value every second of that time. Bitcoin is still highly volatile, but should still be a solid investment.
taiwww
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November 02, 2017, 01:48:40 AM
 #1304

Man is fond of gold from more than 1000 years.
Indians have $1 trillion worth of gold! 'India has about 22,000 tonnes of private gold, held by individuals and temples.'
Holding of gold is a subject of status for many..
Many countries still use Gold Standard Monatory systems.
They regulate supply of their paper currencies against holding of gold.
In ayurvedic treatments gold is used in medicines.
Gold is also used in industries or in musical instruments. In short Gold is the most liquid asset, widely used in whole world and can get enchased in any part of the world quiet easily.
Gold lasts forever.
Bitcoin is the latest and most successful, decentralised and cryptocurrency.
Its price is touching new hights day by day; still it’s unknown to many parts of world.
Many countries have restricted its use in their economies.
Holding or investing in bitcoin can give you quiet good returns in future.
As an investor i will always invest in both Gold as well as in bitcoins.
dameh2100
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November 02, 2017, 02:02:40 AM
 #1305

They said that bitcoin is the new gold. So I'd rather be holding bitcoin. Bitcoin is also a big advantage because bitcoin value is rapidly increased, and bitcoin is still very volatile .And aside from that bitcoin is a very good investment. But at the same time gold is safer that bitcoin because of its liquidity.

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barbara44
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November 02, 2017, 01:14:55 PM
 #1306

almost the average person chooses bitcoin due. value of the bitcoin itself.
while gold, this can be used as jewelry and materials / goods for the investment.
yes, it never hurts to be able to make some money easily if kiya able to become a person who can maximize the opportunities
Actually both are good safe haven, the difference is only the movement price. Gold is much more stable than bitcoin, the increasing price is only about 15 % every years. People who always can buy bitcoin at the low price will get maximum profit from it's volatility.
Exactly you can’t make one better than other. Everyone has its own specialty in one field. Like people often complaint about bitcoin as a non-stable currency while gold is better in this regard. But when you come to the profit ratio, then bitcoin is at number one.

So both are better in their own respective but yes surely as we here talk more about profits, then bitcoin has more influence.

Gudhal Untu
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November 02, 2017, 03:31:18 PM
 #1307

I think holding bitcoin is more profitable, no doubt that bitcoin holding is very profitable than holding gold, now bitcoin holders can earn profits up to tens of percent a day or even less.
dalek
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November 03, 2017, 09:27:39 PM
 #1308

almost the average person chooses bitcoin due. value of the bitcoin itself.
while gold, this can be used as jewelry and materials / goods for the investment.
yes, it never hurts to be able to make some money easily if kiya able to become a person who can maximize the opportunities
Actually both are good safe haven, the difference is only the movement price. Gold is much more stable than bitcoin, the increasing price is only about 15 % every years. People who always can buy bitcoin at the low price will get maximum profit from it's volatility.
Exactly you can’t make one better than other. Everyone has its own specialty in one field. Like people often complaint about bitcoin as a non-stable currency while gold is better in this regard. But when you come to the profit ratio, then bitcoin is at number one.

So both are better in their own respective but yes surely as we here talk more about profits, then bitcoin has more influence.
As long as Bitcoin can provides us more profitable than Gold, you can say Bitcoin is better than Gold for investment. Gold can use for saving money in long time, but it can not compete to the volatility or the value of Bitcoin.

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huige007
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November 04, 2017, 05:55:06 AM
 #1309

according to my opinion holding bitcoin is more and more profitable than holding gold. in previous era people will hold gold for a time and whenever they judge that now gold price is increase then they sale and earned profit in this way but as compare to gold rate of bitcoin is very high and the price is varying and mostly price is increasing so if you hold bitcoin then you can earn enough profit in future by selling your bitcoin.
Same as you I am also in the favor o the bitcoin because it is very easy to make the money in the bitcoin and the other beset thing is the bitcoin price and the profit so hold the bitcoin and it is the easy way to make the money and to have the future in the bitcoin a lot of the people are still trusting the bitcoin currency because they are aware of the price and the value difference so for me as well the bitcoin is the best option.
sumitgera1987
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November 04, 2017, 08:27:24 AM
 #1310

i think much better scenario would be store bitcoin not gold.
BIoomingFIowers
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November 06, 2017, 10:34:32 PM
 #1311

if you want a lot revenue i giving guidance to keeping bitcoin but have a high danger can be compared with what you get. holdings precious metal only keep your money most people says precious metal not make you rick but keep you rich, gold not high-risk manages to lose of value
podrick17
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November 06, 2017, 10:36:52 PM
 #1312

They said that bitcoin is the new gold. So I'd rather be holding bitcoin. Bitcoin is also a big advantage because bitcoin value is rapidly increased, and bitcoin is still very volatile .And aside from that bitcoin is a very good investment. But at the same time gold is safer that bitcoin because of its liquidity.
That volatility is an advantage as well mate, you won't know when its value go dip it might someday or suddenly when you woke up its value become $1 but of course it is impossible at this point in time but stability is the edge of gold over bitcoin. but yeah holding bitcoin can give more gains than gold i believe.

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November 06, 2017, 11:34:53 PM
 #1313

Many people around the globe use bitcoin not as a currency, but as an investment while precious metal is being used for thousands of years like a forex and of course to keep the value of their property. For us to achieve the same users list of gold, it could take 100 years or more perhaps it will not occur forever because even when many trust bitcoin around the globe, most of the planet's population don't know it and do not trust it however.
PeIicancan
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November 07, 2017, 03:58:49 AM
 #1314

Precious metal has value what ever state the planet is within.  Btc requires a heck of a lot of facilities to even can be found.  Arrive the impending zombie apocalypse, I understand where I am keeping my money.
Strught85
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November 07, 2017, 08:13:06 AM
 #1315

Most folks always believe in what they have and can maintain, BTC tale to most men and women is virtual and they find it challenging to feel the story, but for me I will go for BTC since the likely is enormous unlike GOld that the price manipulation is killing the cost.
Lecam
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November 07, 2017, 08:19:03 AM
 #1316

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 a lot of people are holding bitcoin compared to the number of people holding gold. Bitcoin is more profitable compared to gold because bitcoin price is volatile which means it can multiply in just a short span of time.
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November 07, 2017, 08:56:56 AM
 #1317

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 a lot of people are holding bitcoin compared to the number of people holding gold. Bitcoin is more profitable compared to gold because bitcoin price is volatile which means it can multiply in just a short span of time.

There are way less people holding bitcoin than people who hold gold. It will take a bit more time to reach the number of gold investors, but it will for sure happen.

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November 07, 2017, 03:43:55 PM
 #1318

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
I do prefer holdings of bitcoin than holdings of gold. Although both of it has a value and price. I most prefer bitcoins because i think bitcoin has higher value ang more popular to use as of now. Because bitcoin making noise worldwide because of its features especially the payment system.

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November 07, 2017, 04:10:04 PM
 #1319

hold your bitcoin now maybe next year bitcoin can be up to 50.000 USD / Bitcoin so do not sell your bitcoin with current price is only my estimation only. then it's up to you

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November 07, 2017, 04:10:57 PM
 #1320

It is really weird but bitcoin is worth more than gold because with bitcoin you can buy so many things online but with gold you can't really go to a shop and say here is some gold get me some water. because bitcoin is a unstable currency it is better.
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