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Author Topic: Holdings of gold vs Holdings of btc  (Read 62786 times)
cinchin
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November 10, 2017, 02:02:29 PM
 #1341

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?

Now, holding gold is very safe I should say, you know that you will never lose your investment no matter how long you keep them, on the other hand, bitcoin cant give you that kind of assurance, but it can make tou a really big amount of profit in time, but the risk is very high and it may lose its high in a blink of an eye.
- I agree with you that holding gold is very safe and I can say that you will be getting long term profit with gold, however, profitability can be said to be very low because price of gold have been stabilized by governments around the world, it will not have too much fluctuation.
- Bitcoin has many other points with gold, the government can not control and manage the price of bitcoin, that makes Bitcoin have more volatile and gives us a very big source of profits, although it has huge risks, but if we've determined investing, risk is unavoidable and we need to take risks. Current, holding Bitcoin is better than gold, profits are huge, the purpose of investing is profit, there is no reason for us not to choose bitcoin
cexylikepie
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November 11, 2017, 03:46:33 PM
 #1342

i don't know, but i guess for now holding bTC is great way than holding gold.
the price of gold is really long to get higher.
but BTC you guys have known, it is getting to the moon recently.
i just can hope the price will fall soon Cheesy then i can buy some.
it's like it will be impossible the price will be back as last 2 months ago.
everyday is getting higher and higher.
it ever took 100millions $.
i can't close my eyes to watch it.

That's great holding bitcoin nowadays is a good preference and it's gaining good price value everyday as well as being stable of its current value. With gold's current situations I guess it was more surpassed with btc due to its popularity, people around the country were more aggressive to invest with bitcoin rather than gold because of it's popularity rises this year 2017. Well I know there is better future with bitcoin and that's infinite with no walls to stop of it price value to reach for.
Yes Bitcoin is already surpasses the price of gold that is why it is wise enough to hold bitcoin rather than gold but one thing we should considered that what ever happen gold is material thing you can hold it you keep it that is why stable investment, while Bitcoin is only a perception that you have  currency in the cyber space anything happen to the system it will be gone by the win. that's why for investment you should use Bitcoin but for fixed asset you should use gold.
You should invest in both because it is better to have the two opportunity at once rather than putting all of your money in one investment but you cannot tell if it will work for long because you don't have any back up investment or source of income or money. Holdings of gold and bitcoin are both good and you just need to learn how to properly divide it so you can have a profitable type of portfolio.
Honestly, I'm sure Bitcoin can helps me make more money than Gold in short term, so I only choose Bitcoin for my all capital investment. But it does not mean I will put all total funds from saving to this field, because Gold can be a great amount of saving money for future.
PeacefulViper
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November 12, 2017, 02:35:45 PM
 #1343

holding gold won't give you a lot profit essentially gold is an investment that allows you to save your money remains safe (maintain) if you would like hold btc you ought to be ready to risk because bitcoin movement is affected by demand and supply can provide an income and losses
forbiddenone123
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November 12, 2017, 09:23:08 PM
 #1344

i don't know, but i guess for now holding bTC is great way than holding gold.
the price of gold is really long to get higher.
but BTC you guys have known, it is getting to the moon recently.
i just can hope the price will fall soon Cheesy then i can buy some.
it's like it will be impossible the price will be back as last 2 months ago.
everyday is getting higher and higher.
it ever took 100millions $.
i can't close my eyes to watch it.

That's great holding bitcoin nowadays is a good preference and it's gaining good price value everyday as well as being stable of its current value. With gold's current situations I guess it was more surpassed with btc due to its popularity, people around the country were more aggressive to invest with bitcoin rather than gold because of it's popularity rises this year 2017. Well I know there is better future with bitcoin and that's infinite with no walls to stop of it price value to reach for.
If you are holding bitcoin nowadays because of some issue happen in bitcoin community. It is the best way of hold your bitcoin if you have an emergency you will use your hold bitcoin to use in your future.

coolstory
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November 12, 2017, 10:02:00 PM
 #1345

holding gold won't give you a lot profit essentially gold is an investment that allows you to save your money remains safe (maintain) if you would like hold btc you ought to be ready to risk because bitcoin movement is affected by demand and supply can provide an income and losses

Your argument is totally meaningless. How about bitcoin holders who held their bitcoin between March 2017 and November 2017? Bitcoin was $875 on march 2017, then it almost made 9 times return. They got crazy profits from holding their bitcoins.
Dontme
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November 12, 2017, 10:14:41 PM
 #1346

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?
You know tgey are the same risky bitcoin is for longterm and gold also is for longterm. The gold is important too to those holders of this just like bitcoin. Maybe today over 100% of people entire the world only 30% of people storing btc because it is not yet exposed.
Rakibislam
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November 13, 2017, 05:31:12 AM
 #1347

I would love to hold both if possible for me, as I view both of them a great investment products and give me best returns on my investments in future.
misterj
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November 13, 2017, 07:28:07 AM
 #1348

in my opinion, it would be better if you hold both bitcoin and gold because they are both an asset to you only that bitcoin if much efficient and better since it provide less work to be able to invest to it while when investing in gold, silver, and other more requires a lot of work such as papers, legality, and other requirement that mostly you will need to hire someone such as a broker for you to deduct work time of yours means that it will require more money.

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Qartersa
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November 13, 2017, 07:40:45 AM
 #1349

Definitely! If you have the means to, hold both gold and Bitcoin. This is the limitation of this business. If you have no means to, you are not totally free as to your investments. If you only have little amount to shell out, you cannot expect big returns because you will only get a fair share of how much you have initially invested. But if you are patient enough all throughout the process, you will learn later own how much your money grew.


Questat
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November 13, 2017, 11:14:36 AM
 #1350

I would love to hold both if possible for me, as I view both of them a great investment products and give me best returns on my investments in future.
Both of them are profitable so if we have a chance to invest on both then we will surely do it.
Gold is completely profitable with little risk but bitcoin is too risky therefore you need to ensure you will be able to manage the risk to have a better success rate.

Granxis
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November 13, 2017, 11:54:31 AM
 #1351

Definitely! If you have the means to, hold both gold and Bitcoin. This is the limitation of this business. If you have no means to, you are not totally free as to your investments. If you only have little amount to shell out, you cannot expect big returns because you will only get a fair share of how much you have initially invested. But if you are patient enough all throughout the process, you will learn later own how much your money grew.




I thought that gold could not be earned, I remembered gold dollars 36 dollars a month ago. At the moment the gram of gold is at the level of $ 42(kg/1000). Very stable growth gives confidence.

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Rufsilf
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November 13, 2017, 12:16:23 PM
 #1352

I think it is more efficient to just hold bitcoin because of the faster growth of bitcoin on its price and with bitcoin it will give a lot of profit to the holders of it in a shorter period of time because of the volatility while gold takes a lot of time and a year ago, it only gives 11% while bitcoin gives hundreds of percentage in return.
Edsemen
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November 13, 2017, 12:16:47 PM
 #1353

Holding gold you won't make that much profit in a long term. With bitcoin you have a high changes that will just go to 1500 dollar the next year. I think you should just hold bitcoin for now and not gold That is why a lot of people is going for bitcoin than gold. The problem mining bitcoins cost money also gold, but with gold you can get lucky in one day you can get maybe 1000 grams of gold or something.
Well for me I would rather choose bitcoin also than gold, as said gold is for one time but in bitcoin you can hold it for a long time and maybe this will grow in the future without any hasle. Gold is good but to hastle were us in bitsoin no hasle you judt wait for the time comes. Just stay calm and have enjoy. So that you won't be pressure of anything.

Xenoph0bia
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November 13, 2017, 12:51:24 PM
 #1354

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 personally think that holdings of gold is of more important and value than the holdings of bitcoins. This is because firstly gold is a precious metal and has a physical entity whereas bitcoin is a digital currency. Then gold is way more popular than bitcoin and has many more users as compared to bitcoin. Then gold is a stable form of currency so it’s value does not fluctuate often whereas bitcoin value fluctuate often. Then gold is centralised leading to increased stability whereas bitcoin is decentralised making it less stable.
waynechong1995
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November 13, 2017, 01:51:09 PM
 #1355

It depends on marketing and the generation i believed, soon youngster overtake the economy would have already some glimpse upon internet as well their so called 'internet investment' to profit, gold store is still viable but was not popular among the current generation as i believe investing in cryptocurrency is generally more attractive than trading gold papers or simply storing it. Mehh but just leave btc off from being treated like gold, it's sad to see everyone holding bitcoins while those accepting payments in bitcoins are getting dust except trading platforms, btc is meant to be use like currency not a type of long term investment like gold does.

Naoko
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November 13, 2017, 02:03:16 PM
 #1356

gold is more valuable...but bitcoin brings money now... they are different in their properties, I don't think it's worth comparing them...gold has created a reputation for itself for many centuries, it is valuable as a stainless metal and a substance used in engineering, as a good conductor...and bitcoin is only just a civic asset in relation to gold
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November 14, 2017, 08:22:51 AM
 #1357

i don't know, but i guess for now holding bTC is great way than holding gold.
the price of gold is really long to get higher.
but BTC you guys have known, it is getting to the moon recently.
i just can hope the price will fall soon Cheesy then i can buy some.
it's like it will be impossible the price will be back as last 2 months ago.
everyday is getting higher and higher.
it ever took 100millions $.
i can't close my eyes to watch it.
I agree, for now investing in bitcoins is a lot better than gold because it gives higher return and gains unlike in gold where the price growth is quite slow since it is more stable than bitcoin. Both are good investments though bitcoin is more risky but gives more profit.
Well I will prefer to hold bitcoin instead of gold because I know very well that gold can help me in future and I’m quiet sure that I will lose in gold when I want to sell but bitcoin is totally different If I hold bitcoin for a long time so its confirm that after some time bitcoin can make my money double easily and I have done it before.
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November 14, 2017, 09:40:06 AM
 #1358

I would love to hold both if possible for me, as I view both of them a great investment products and give me best returns on my investments in future.
Both of them are profitable so if we have a chance to invest on both then we will surely do it.
Gold is completely profitable with little risk but bitcoin is too risky therefore you need to ensure you will be able to manage the risk to have a better success rate.

Yes your right, both are profitable, so much better to invest bitcoin and gold, because the value of bitcoin is pretty fast, but like what other said it's so risky, and we don't know if the value's going down or going up. And for the gold it's secure and the value is stable, that's why is safe to invest or hold ( they have also risk but it's not to risky like bitcoin. ) And that's my opinion.

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November 14, 2017, 01:08:38 PM
 #1359

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.
You can compare both in terms of time period. Gold is old and it have been indulged in investment like from many centuries while bitcoin is only a newbie against it. Still you can see how fantastically bitcoin have showed the marvelous feats of action and make this world sure about its existence. Surely there are less people with bitcoin against the number of investor of gold.
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November 14, 2017, 01:20:28 PM
 #1360

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.
You can compare both in terms of time period. Gold is old and it have been indulged in investment like from many centuries while bitcoin is only a newbie against it. Still you can see how fantastically bitcoin have showed the marvelous feats of action and make this world sure about its existence. Surely there are less people with bitcoin against the number of investor of gold.


If you have both gold and btc then you ate lucky enough because its not easy to own both. It requires more than money but also time and effort. However, its easy to hold bitcoin than gold because bitcoin is decentralized unlike gold that you have to comply legal issues before you can convert it to cash. In any case that you can own bigger btc you will not be questioned by the government whereas if you have lots of gold then you have to present documents to authorities to legalize your transaction.
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