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rext
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March 25, 2018, 04:57:21 AM |
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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
bitcoin and gold are the means of payment. we can invest in them. but bitcoin is more suitable for investment. You should keep bitcoin as they will be more profitable |
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terrong
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March 25, 2018, 05:30:18 AM |
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bitcoin is gold in a new era of global world so this will be a big change so people will switch to bitcoin and leave gold investment
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Kodok Bencot
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March 25, 2018, 06:12:23 AM |
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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
bitcoin and gold are the means of payment. we can invest in them. but bitcoin is more suitable for investment. You should keep bitcoin as they will be more profitable In investment of course we must have a target time, gold is the oldest investment that will never lose value, while bitcoin is a short term investment (less than 5 years), if you can divide with the right portion then the money will increase drastically. |
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Razick
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March 25, 2018, 09:46:15 AM |
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Holdings of gold are much more stable than the holdings of bitcoins really so which is why people tend to lean towards investing in gold than investing in bitcoin because it's less of a rollercoaster with the prices when it comes to bitcoins and their money is potentially more safe in a stable market even if the percentage of ROI is much smaller.
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ACCOUNT RECOVERED 4/27/2020. Account was previously hacked sometime in 2017. Posts between 12/31/2016 and 4/27/2020 are NOT LEGITIMATE.
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elkafee79
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March 25, 2018, 12:54:44 PM |
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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?
bitcoin is different with gold, gold has phisycall and bitcoin is virtual. many people like gold to invest not bitcoin in majority. |
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Gheka
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March 25, 2018, 01:57:08 PM |
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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 know bitcoin has defeated gold in terms of price but still I prefer holdings of gold over holdings of bitcoins. This is because firstly, gold is way more popular than bitcoin and gold has way more users than bitcoins. Gold is more trusted by people throughout the world whereas bitcoin is not trusted. Gold is a stable form of currency and its value does not fluctuate often whereas bitcoin is not a stable form of currency and it’s value keeps on fluctuating often. Agreed that gold is very popular, stable and reliable but it can not bring bigger profits Bitcoin, I do not think that the purpose of holding your gold just for fun, you hold because you believe that you will profit from gold. And when comparing the profit, holding Bitcoin will be better, this has been proven by many people around the world when they have a richer life by holding the bitcoin, gold is no longer a good investment trend, bitcoin is a new trend and more appropriate, so, choose bitcoin, instead of gold if you want to achieve great benefits |
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markj113
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March 25, 2018, 02:02:51 PM |
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You also need to factor in risk too.
Bitcoin is probably one the most volatile and high risk investments out there. Gold is more stable and will preserve wealth over a long term.
As I have said previously I wouldn't invest my pension fund in bitcoin as it could go to zero.
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btsjimin
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March 25, 2018, 02:38:36 PM |
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For the moment holding of Bitcoin is a must. Especially if its price is at peak. The money earned from Bitcoin can be used to buy more Bitcoin. But if its price go down holding of gold can back up the effect of Bitcoin.
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yoseph
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March 25, 2018, 03:45:07 PM |
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For the moment holding of Bitcoin is a must. Especially if its price is at peak. The money earned from Bitcoin can be used to buy more Bitcoin. But if its price go down holding of gold can back up the effect of Bitcoin.
Bitcoins is guaranteed to make a lot of money very fast for its investors because of it's volatile nature but due to this very nature, it can result in a loss as well. But with Gold investment, there is stability and guaranteed result of making money with no risk of loss but it's a very slow process as well. |
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Dark Sky
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March 25, 2018, 09:08:04 PM |
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the holing of gold to bitcoins cant really be compared to each other when it comes to the physical items as no one can at home hold that much gold but can bitcoins but if it in relation to keeping it as a investment then at the moment gold is the best as it as not lost value that make keeping as an investment as a bad idea but bitcoin did and could drop again so if you got gold thn keep it one day bitcoin might overtake gold a it easy to store but not yet.
If you invest your money in gold so i think it will never beneficial as like investment in bitcoin because gold price is grow up but very slow and after many years you can sell it but bitcoin price is very fast increase and you can anytime gets profit from bitcoin, so that's why bitcoin is the best way for investment than gold. |
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majeed
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Damn
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March 27, 2018, 01:51:51 AM |
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For the moment holding of Bitcoin is a must. Especially if its price is at peak. The money earned from Bitcoin can be used to buy more Bitcoin. But if its price go down holding of gold can back up the effect of Bitcoin.
Bitcoins is guaranteed to make a lot of money very fast for its investors because of it's volatile nature but due to this very nature, it can result in a loss as well. But with Gold investment, there is stability and guaranteed result of making money with no risk of loss but it's a very slow process as well. And we have to wait for about 10 to 20 years to double our money with gold. It takes us so long to make money with gold. Therefore, I think that bitcoin is still something more attractive and investing our money in bitcoin can make us become wealthier in the future. Maybe we can double our money less than 2 years |
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Sasha Grey
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March 27, 2018, 02:24:34 AM |
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I think holding gold is not profitable, gold is only a status symbol and pride but not profitable, a good investment is certainly that can give big profit and it only exists on bitcoin, not others.
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InvestMen
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March 27, 2018, 02:47:50 AM |
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While most of traditional investors still believe in gold. But for many investors the comparison of bitcoin with gold is a real gold mine.
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Gudhal Untu
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March 27, 2018, 02:54:59 AM |
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I think holding gold is a long-term investment and an emergency, when a big war of course the value of the currency will drop but the value of gold will never drop, this is what should make us hold gold, while holding bitcoin is the best strategy to get huge profits.
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Tanmoy98
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March 27, 2018, 05:20:43 PM |
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Holding bitcoin is a great process to became rich in a long time.But holding gold is not much profitable.The gold should ve stolen.But holding btc is a safe process.Because btc wallet is totally safe.  |
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Tigerw
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March 27, 2018, 07:56:42 PM |
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for me it is just as they have the same value bitcoin or gold yet we choose the gold gain as long as its value increases as bitcoin is dependent on investors when it increases only the advantage of these two if I choose the two I will both choose because they are the same in the world.
If you currently have some Bitcoin Natashenka, then of course it is better to save it until a better time. But today it is very difficult to invest in that coin, in which there is no certainty about its prospects. |
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Hadji
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March 27, 2018, 08:48:51 PM |
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it is difficult to hold something that does not control one's potential, if you asked this question then only gold.
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Gameroid
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March 27, 2018, 08:56:35 PM |
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i think more people use gold for store of value,because all of people can do this,gold is more popular in this world. i think need more than 10 years for bitcoin to reach same users like gold holders.
In fact such people do not have any idea about bitcoin, i think that when they will know about bitcoin then they will surely choose bitcoin, because bitcoin is the best currency for making money, i do not think that we can make such a big money from any other business, in fact gold is only gold for saving as its price is very stable and we can see a very slight change in its price even after years. |
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CryptoEnthused
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March 27, 2018, 09:21:37 PM |
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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 think it will happen soon, if ever. Gold has been considered as a store of value for thousands of years. It's market cap is about 7 trillion dollars. Bitcoin has 136 billion now. 50 times less than gold. If it reaches gold market cap, the price would be about 400k. The gold market cap will grow by that time as well. Well, let's see what we'll have. McAfee predicts BTC at 1 million dollar by the end of 2020  |
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sana gull
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March 27, 2018, 11:08:28 PM |
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Holding bitcoin is a great process to became rich in a long time.But holding gold is not much profitable.The gold should ve stolen.But holding btc is a safe process.Because btc wallet is totally safe. Yes that is right that holding bitcoin is the best option, holding bitcoin is in fact reducing the risk of losing money, there you even do not need to good experience, they should only invest money in bitcoin and should wait for some and after some time they will surely get a good profit from bitcoin investment. |
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