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Author Topic: Holdings of gold vs Holdings of btc  (Read 62724 times)
MCVXYZ
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November 15, 2017, 07:55:58 PM
 #1361

A lot of people  view gold as a safe haven, and an excellent diversification from paper currencies,it's a traditional market's target,because gold rises in value when inflation takes hold.I think that if you want to protect your money,you must buy/hold gold(in my opinion you cann't earn passive income by holding gold.) and if you want to increase your earnings you must hold btc,not gold,because all we know about bitcoin's potential,Bitcoin is ''mineable'' like gold and more profitable,so,despite this they are different in their properties.
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November 15, 2017, 07:58:45 PM
 #1362

In my opinion it is impossible. Bitcoin can be hacked and steal, real gold too but it is much harder. It is one and really good reason why btc will not be like gold

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November 17, 2017, 06:19:09 AM
 #1363

The problem with holding BTC is that we don't have slightest idea how it will scale in the future. Gold is commodity and its status won't change - probably ever.
Bitcoin, however, could be harmed by potentially unfavorable laws and restrictions in the future.
Gold has a larger market share compared to bitcoin. That's why it's value won't depreciate and the demand of it won't cease as compared to other investments. Bitcoin is better for getting a higher rate of return, It will be best to invest a larger amount of our holdings into bitcoin once it's demand for laymen and market share increase.
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November 17, 2017, 06:42:27 AM
 #1364

I like to hold bitcoin cash instead of bitcoin gold. The reason is I like cash and I use cash for every transaction sometime when the gold prices get fall I like to purchase but later I sold that because I am not using gold for any reason and I have no experience to hold gold. while I use cash in my daily  routine and that’s why I want to hold it and use it.

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November 17, 2017, 05:31:58 PM
 #1365

The problem with holding BTC is that we don't have slightest idea how it will scale in the future. Gold is commodity and its status won't change - probably ever.
Bitcoin, however, could be harmed by potentially unfavorable laws and restrictions in the future.
Gold has a larger market share compared to bitcoin. That's why it's value won't depreciate and the demand of it won't cease as compared to other investments. Bitcoin is better for getting a higher rate of return, It will be best to invest a larger amount of our holdings into bitcoin once it's demand for laymen and market share increase.
Let's investing when the demand is lower than the potential of something you want to investing for long term. This is my rule to investing and I have succeeded to apply in Bitcoin and Altcoins. I do not need to get high risk and FOMO with others, I only need to look the potential coins and investing, this is my choice to help me saving my time.
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November 17, 2017, 06:11:53 PM
 #1366

The problem with holding BTC is that we don't have slightest idea how it will scale in the future. Gold is commodity and its status won't change - probably ever.
Bitcoin, however, could be harmed by potentially unfavorable laws and restrictions in the future.
Gold has a larger market share compared to bitcoin. That's why it's value won't depreciate and the demand of it won't cease as compared to other investments. Bitcoin is better for getting a higher rate of return, It will be best to invest a larger amount of our holdings into bitcoin once it's demand for laymen and market share increase.
Let's investing when the demand is lower than the potential of something you want to investing for long term. This is my rule to investing and I have succeeded to apply in Bitcoin and Altcoins. I do not need to get high risk and FOMO with others, I only need to look the potential coins and investing, this is my choice to help me saving my time.
off course Holding of bitcoin is more and more better than holding of gold because the rate of bitcoin is more and more high then gold and also the rate of bitcoin is going increasing with a fast rate due to increasing interest of people and anyone can make more money by holding bitcoin as compare to gold.
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November 17, 2017, 06:26:24 PM
 #1367

I like to hold bitcoin cash instead of bitcoin gold. The reason is I like cash and I use cash for every transaction sometime when the gold prices get fall I like to purchase but later I sold that because I am not using gold for any reason and I have no experience to hold gold. while I use cash in my daily  routine and that’s why I want to hold it and use it.
You are quite confuse here, Bitcoin and Bitcoin-Cash are both cryptocurrency or digital money. The word 'cash' there is just an attachment to it to diverse it to Bitcoin. It is considered as an Altcoin, well recently its making its name being known by having a massive increase in price.

The statement that you've just said is considered meaningless, because you did not quite understood the concept of Bitcoin-Cash. Its not literary a 'cash' you know.

Anyways, holding gold is still good profit because of its steady price. But holding Bitcoin is on a different level, not only that it surpassed the price of gold, it also have a chance to make even more profit because of its volatility.

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November 18, 2017, 04:35:14 PM
 #1368

I think the gold market cap will be cannibalized by Bitcoin, because it are mostly the same buyers: People who do not like the normal financial system.

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November 18, 2017, 04:36:29 PM
 #1369

thanks bitcoin gold is good hold
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November 18, 2017, 04:41:33 PM
 #1370

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 both gold and Bitcoin have their own advantages and you should invest in both of them for higher returns. Investing in gold makes your investment more stable in the long run as gold is the most popular investment in the whole world and everyone wants to invest in gold. Bitcoin helps your investment to achieve faster growth rates and Bitcoin, without any doubt is one of the world's fastest growing investments. Investing in both of them can help you reduce the risks of market for sure.
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November 18, 2017, 04:48:55 PM
 #1371

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 am very laughing at writing and reading this, because holding the bitcoin and holding the gold of its difference is very far away, holding bitcoin is more profitable than holding the gold, because back to the main factor that its bitcoin availability is very limited and its demand is very much, this bitcoin trigger is very profitable so place of investment.
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November 18, 2017, 05:25:35 PM
 #1372

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 am very laughing at writing and reading this, because holding the bitcoin and holding the gold of its difference is very far away, holding bitcoin is more profitable than holding the gold, because back to the main factor that its bitcoin availability is very limited and its demand is very much, this bitcoin trigger is very profitable so place of investment.
Holding of bitcoin is more and more better then holding of gold because the rate of bitcoin is very high as compare to rate gold and now more people are taking interest in bitcoin because working with bitcoin is very easy and more profitable in very less time.
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November 18, 2017, 05:32:52 PM
 #1373

I think the gold market cap will be cannibalized by Bitcoin, because it are mostly the same buyers: People who do not like the normal financial system.

All will like to get a profit from the Investing assets.It may be gold or bitcoin. For a Investors it's just an assets to get profit from that. Bitcoin will give you more profit for holder than a gold.
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November 19, 2017, 12:20:10 AM
 #1374

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 holding bitcoin is much better than holding bitcoin but in bitcoin you need to take the risk because bitcoin is so risky than gold because if you hold gold the value of gold is stable but its to long to increase.
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November 19, 2017, 01:59:10 AM
 #1375

Are you including central banks etc.

In countries like India its cultural to hold.

Bitcoin is a drop in the ocean compared to market cap of gold.


is it for real mate?that it is a cultural practice in india to hold gold?im amazed but i do believe that the margin of gold and bitcoin has large differences.Gold has been mined since bible time they build lots of structures using only pure gold so its undeniable that Gold is thausand or million times bigger than bitcoin or all the crypto coins
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November 19, 2017, 08:37:30 AM
 #1376

I can not tell you how many people. I know many more people still keep their money by keeping in gold. So more people keep gold than bitcoin.
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November 19, 2017, 08:56:34 AM
 #1377

Are you including central banks etc.

In countries like India its cultural to hold.

Bitcoin is a drop in the ocean compared to market cap of gold.


is it for real mate?that it is a cultural practice in india to hold gold?im amazed but i do believe that the margin of gold and bitcoin has large differences.Gold has been mined since bible time they build lots of structures using only pure gold so its undeniable that Gold is thausand or million times bigger than bitcoin or all the crypto coins
Both of this are raising up their value, when time come past. So I think we can't earn lost if both of this are hold for long time ago.
Otherwise we can't denied that bitcoin value now was closed to gold price. Hopefully that bitcoin surpass gold in the future.
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November 19, 2017, 10:15:08 AM
 #1378

From what i already experienced and my perception about it, gold is still become society favourite minerals to hold because of its own value. moreover if the society in some region is less known about technology development in currencies or you can say digital currencies. If you want to BTC holders become even with gold holders, i think we need to educated and give some public facility of internet for the case in some rural area society. the point is, that we need to give the knowledge about bitcoin to the society  Smiley

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November 19, 2017, 10:42:20 AM
 #1379

From what i already experienced and my perception about it, gold is still become society favourite minerals to hold because of its own value. moreover if the society in some region is less known about technology development in currencies or you can say digital currencies. If you want to BTC holders become even with gold holders, i think we need to educated and give some public facility of internet for the case in some rural area society. the point is, that we need to give the knowledge about bitcoin to the society  Smiley
When it comes to minerals of course Gold is the all time favorite of all people but to cryptocurrency then bitcoin itself, but comparing to both of them still bitcoin will prevail as it has a better income opportunity than gold who has stable price because it is controlled by the government  while bitcoin is not.

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November 19, 2017, 12:16:12 PM
 #1380

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 bitcoin investment is better than gold because bitcoin prices keep rising so high the profits will be more, so I prefer to hold bitcoin
For investment, I prefer bitcoin over gold. From the past few years, very less volatility is observed in the price of gold and the price is near about static but on the other hand, the bitcoin had surpassed gold has achieved new ATH. The volatility witnessed in its value this year is enormous and is still heading towards a greater price. So, its only become possible to render higher profit by holding bitcoin instead of holding up gold and too in a short interval of time...

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ROLLBIT COIN
TRADE RLB NOW!
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