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Author Topic: Holdings of gold vs Holdings of btc  (Read 62727 times)
OracionSeis
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December 15, 2017, 09:49:44 PM
 #1441

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.
That time has gone when gold was valuable now only thing that is valuable and that is bitcoin and it has totally diverted the attention of gold investors and now people are taking gold as only jewelry and they are investing into bitcoin because they know that btc is really helpful and this coin will surely give them hue profit as well as a lavish life in future so don’t go for gold now bitcoin is here to please you with profit.
Holding bitcoin can give you a huge profit while holding of gold is not able to give you such huge profit because the rate of bitcoin is very high and also the rate of bitcoin is increasing mostly with time and in future the rate will be more high then present rate.
But all things don't guarantee by the government or those who can guarantee our profits from Bitcoin investment. This is investment, so, we all know the rule of investment, we can't have profits forever and the market need to have loser. So, Bitcoin and Gold are good for long term investment, but don't forget calculate the risk.

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December 15, 2017, 10:02:58 PM
 #1442

If you are holding gold then the following reasons would be happen.
1) Less amount of profit.
2) Not secured.
3) Cheaper to have.
4) Expensive to buy.
5) Not that much trust worthy.
If you are holding bitcoin then the following reason would be happen.
1) High profit
2) Secured
3) Neither expensive to buy
4) Trust worthy
5) Reduce your poverty.

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December 15, 2017, 10:08:29 PM
 #1443

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 don't believe ththe There will be anybody here in this forum becuaes no one know exactly or the amount of Bitcoin by everyone here let a lone gold that has been in existence
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December 15, 2017, 10:10:53 PM
 #1444

The fundamental difference between those two is that gold would probably still have some value if there were a very drastic catastrophe (because it always had some value) and BTC would just vanish when there is no longer the network infra structure for it. I admit that is a very drastic scenario, but some people are buying gold coins for exactly this possibility.
Apart from that I think that only time will show. Now BTC had a very good run but its history is much shorter than that of gold. Gold is seen as an asset in almost all cultures around the world and has this status already basically for ever. Bitcoin however is quite young and I guess it will take some time to build this trust, or it won't be that stable at all and will rather prove as a short-term investment.
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December 16, 2017, 07:59:07 AM
 #1445

The fundamental difference between those two is that gold would probably still have some value if there were a very drastic catastrophe (because it always had some value) and BTC would just vanish when there is no longer the network infra structure for it. I admit that is a very drastic scenario, but some people are buying gold coins for exactly this possibility.
Apart from that I think that only time will show. Now BTC had a very good run but its history is much shorter than that of gold. Gold is seen as an asset in almost all cultures around the world and has this status already basically for ever. Bitcoin however is quite young and I guess it will take some time to build this trust, or it won't be that stable at all and will rather prove as a short-term investment.

In old times, holding of gold was the best way of making some good money but with the passage of time, things have started getting revolutionized. Now-a-days, it is none other than that of holding of bitcoin which is the most effective way of having some handsome amount of money after some period. The market price of bitcoin is increasing significantly which is helping the owners of bitcoin to have more money.
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December 17, 2017, 06:39:49 AM
 #1446

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.
That time has gone when gold was valuable now only thing that is valuable and that is bitcoin and it has totally diverted the attention of gold investors and now people are taking gold as only jewelry and they are investing into bitcoin because they know that btc is really helpful and this coin will surely give them hue profit as well as a lavish life in future so don’t go for gold now bitcoin is here to please you with profit.
Holding bitcoin is more value able than holding Gold because the value of bitcoin rising in faster way but gold value is considered to be stable due to its normal up & down. Bitcoin holding is more secure than holding Gold
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December 17, 2017, 07:32:46 AM
 #1447

Of the two things is certainly the most profitable is to hold bitcoin, because as we all know that the development of bitcoin prices from time to time soared, it is not impossible if you hold on bitcoin then in the future when bitcoin is sold then you will get several times as much as your awaiting capital.
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December 17, 2017, 07:33:39 AM
 #1448

I think holding of bitcoin is better than holding od gold because its storage is practical, tax free in addition we can also easily to take it when we have a sudden need. bitcoin prices are also rapidly rising so we can benefit quickly.
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December 17, 2017, 07:55:23 AM
 #1449

I think holding of gold still has some advantage over Bitcoin.
It is important to note that Gold has demonstrated reliability. Civilizations have traded Gold since roughly 600 B.C. and it continues to be used by dealers and investors with great enthusiasm today. Gold is also sure to never lose its intrinsic value as a Precious Metal with numerous practical applications.while Bitcoin is crowdsourced, its value is dependent on community participation. Bitcoin benefited from an enthusiastic base of developers and investors. Its popularity has inreased tremendously in 2017 .
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December 17, 2017, 08:07:45 AM
 #1450

I think holding of bitcoin is better than holding od gold because its storage is practical, tax free in addition we can also easily to take it when we have a sudden need. bitcoin prices are also rapidly rising so we can benefit quickly.

None of these are true, with the exception of the argument that the Bitcoin prices are rising.

Gold needs storage only if it is in the physical form. Paper gold (ETF) can be stored digitally in your demat account. And earnings from Bitcoin are not tax free. Depending on the definition of Bitcoin, you either need to pay income tax or capital gains tax on your profits from Bitcoin sales.

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December 17, 2017, 08:13:44 AM
 #1451

Holding bitcoin is the best way to get big profit compared to holding gold, I suggest to sell all the gold we have for bitcoin because during this year the price of gold does not move.
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December 17, 2017, 09:05:51 AM
 #1452

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?

Holding btc is more valuable than gold .
Bitcoin prices can anytime go to top level and easily you can sell or buy it with more comfort and ease than gold.
Also gold is very old and not more appreciated by people now. Modern technology uses modern things.

Of course it is. Bitcoin is just starting up and it is still trying to find its correct price. Gold has already stabilised in price, so you won't earn much if you invest in gold now.

I think storing gold would be a problem because it requires a lot more space and security measures to keep it safe than simply buying a Bitcoin hardware wallet that can contain all your Bitcoin holdings and fit in your back pocket, so for me bitcoin is the best it comes to security, bitcoin is unstopable, unless gold, his price still the same.
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December 17, 2017, 11:37:51 AM
 #1453

Holding bitcoin is the best way to get big profit compared to holding gold, I suggest to sell all the gold we have for bitcoin because during this year the price of gold does not move.
For me, holding bitcoin is more profitable because it has significantly over the last few years.
With the limited supply and the rapid increase of demand, we can expect more uptrend to come and it will make us more profitable.
Maybe some people are thinking of the risk but it's worth taking the risk knowing we have more chance to be profitable than to lose.
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December 17, 2017, 11:49:36 AM
 #1454

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?

Well.. for me, I think it's better to hold gold than bitcoin withstand, as we know the value of gold the longer will be growing because gold will always be in use every person, while bitcoin, prices always go up and sometimes down, the price statistics are not in the know but holding a bitcoin is also a best choice than gold. It will give you to more profit than that..
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December 17, 2017, 12:22:04 PM
 #1455

Holdings of gold and holdings of bitcoin is both good for us, but for me holding bitcoin right now is the best thing  to do because the value or the price of bitcoin is starting to rise or to pump very fast and i know that when we hold our bitcoin for long time we willnsurely make many money from it.

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December 17, 2017, 12:35:57 PM
 #1456

Bitcoin holders have achieved many profits and can buy more gold than gold holders current . Gold is classic investment that still good even possible until whenever. However, we need to be keen to see global economic trends. That's clear, bitcoin very profitable.
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December 17, 2017, 01:14:21 PM
 #1457

Holdings of gold and holdings of bitcoin is both good for us, but for me holding bitcoin right now is the best thing  to do because the value or the price of bitcoin is starting to rise or to pump very fast and i know that when we hold our bitcoin for long time we willnsurely make many money from it.
Both are the top choices for investment but any one of us here knows that holding bitcoin is a lot better than gold in terms of profit, we can see very clearly the value of bitcoin has increased dramatically in recent years, but gold only increased very low, even negligible. Gold holding is no longer a good option for the moment, investment for the purpose of profit, but gold can not meet the profitability that we desire, holding bitcoin is more deserving, it provides a source of profit that we desire, we can make a profit from bitcoin much faster than gold

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December 17, 2017, 03:13:49 PM
 #1458

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?

 In my opinion in what is the best holding gold or bitcoin
I rather ouck bitcoin because bitcoin is the fastest increasing price from now but its too quick to low.It has big value in holding unlike gold too slow to increase but never decrease price... thats my opnion
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December 17, 2017, 03:25:19 PM
 #1459

there are many people who hold gold for the excess money because in 5 years a go or more gold is the best investment, the price is very stable and day by day the price is always going up, so its makes the gold is best metal in the world, and about bitcoin ? right now bitcoin is not popular than gold, so the holder of bitcoin is less than the gold holder

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December 17, 2017, 04:01:04 PM
 #1460

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.


Yes, there are only 16.7 bitcoin in the circulation with worldwide currently, bitcoin has limited supply which is 21 million only. you can not compare that with gold because people are mining for gold everyday just like crude oil.
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