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Author Topic: Holdings of gold vs Holdings of btc  (Read 62785 times)
Lyne01
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March 27, 2018, 11:46:42 PM
 #1701

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?

There are larger numbers of people using gold than using bitcoin. Gold is worldwide accepted asset and investment while bitcoin, there are people and countries resisting about it. These two also have different line of view so there will be no chance of having the same number of holders.

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goldcoinminer
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March 28, 2018, 04:31:12 AM
 #1702

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?

There are larger numbers of people using gold than using bitcoin. Gold is worldwide accepted asset and investment while bitcoin, there are people and countries resisting about it. These two also have different line of view so there will be no chance of having the same number of holders.
Bitcoin is different, even if it's gonna be popular, not all people are gonna use bitcoin since it's complicated
for those who no knowledge about digital currency, now even those people who are living in mountains knows about gold and understands its value.
HellDiverUK
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March 28, 2018, 04:40:10 AM
 #1703

Gold can not be equated with the bitcoin the price is not too fluctuate and different from the bitcoin that harganyas now is very flkutifif so I think better hold bitcoin and buy now
IndzheborgC
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March 28, 2018, 06:03:59 AM
 #1704

About gold when depositing in a bank, you can hear that your ingot (investment gold coin) is scratched and its price is therefore much lower.
There is a risk of buying counterfeit gold if you do not buy in a bank.
Gold in many countries is difficult to acquire, it is difficult to transport across the border.
The state can confiscate gold, there were already precedents.
Sled
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March 28, 2018, 11:34:43 AM
 #1705

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?

There are larger numbers of people using gold than using bitcoin. Gold is worldwide accepted asset and investment while bitcoin, there are people and countries resisting about it. These two also have different line of view so there will be no chance of having the same number of holders.
Bitcoin is different, even if it's gonna be popular, not all people are gonna use bitcoin since it's complicated
for those who no knowledge about digital currency, now even those people who are living in mountains knows about gold and understands its value.
We are in the revolution phase where the things will evolve or will improve in the future and that will happen for sure so if bitcoin will become popular then all of the people will know about it because they will probably hear about it and if they will got curious then there will be a lot of people that will explain it to them and help them to get in touch with bitcoin.
atomicgroup
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March 28, 2018, 11:42:37 AM
 #1706

The two has one or two benefits where they are better. Though, holding Gold makes your mind be at rest unless where theft or robbery is involved unlike Bitcoin where Inevitability may make you loose your coin if care and caution is not applied when necessary. Also, we can testify to the fact that Bitcoin can ten times be higher than Gold when stored for a longer term basis when its volatility falls on high price tendency rate.
kolbalish
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March 30, 2018, 02:52:42 AM
 #1707

In my opinion, both Btc and gold should be hold.The price of gold is always increasing but it's price is stable for some time.Because it's involved in economics.Similarly,the value of Btc is also very good.Price will also increase as soon as it's usage eligibility increases.So, it's better to hold Btc.

Birin016
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March 30, 2018, 03:07:15 AM
 #1708

In my opinion, both are very profitables, because both of them are valuable and have the most promising potential. Gold is always trusted by people and it will never lose its value, and its price keep growing slowly. BTC however is increasing fastly and expected to become a lot more expensive in the future.
Joriecoinbit
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March 30, 2018, 04:08:46 AM
 #1709

In my opinion, both are very profitables, because both of them are valuable and have the most promising potential. Gold is always trusted by people and it will never lose its value, and its price keep growing slowly. BTC however is increasing fastly and expected to become a lot more expensive in the future.

It is indeed that both are profitable. However, holding gold is more safer or you'll feel secured than holding bitcoin. Although bitcoin will definitely let you earn huge profit, it can also make huge profit loss in a short period of time.

Gold may not let you earn huge profit like how bitcoin can, but it can guarantee you that you'll going to earn profit as time goes by. If you have enough funds, it is much better to hold both. But if none,  I would rather hold gold for long time investment and bitcoin for a short time investment.
m4nin
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March 30, 2018, 04:28:23 AM
 #1710

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?
To keep money in gold is more reliable and stable.
srmecdes
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March 30, 2018, 05:56:20 AM
 #1711

Gold can give us benefit but it can be max %20 for yearly.
But if you invest bitcoin, probably you can take %20 benefit for monthly.
wareen
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April 03, 2018, 03:53:18 PM
 #1712

In my opinion, both are very profitables, because both of them are valuable and have the most promising potential. Gold is always trusted by people and it will never lose its value, and its price keep growing slowly. BTC however is increasing fastly and expected to become a lot more expensive in the future.

It is indeed that both are profitable. However, holding gold is more safer or you'll feel secured than holding bitcoin. Although bitcoin will definitely let you earn huge profit, it can also make huge profit loss in a short period of time.

Gold may not let you earn huge profit like how bitcoin can, but it can guarantee you that you'll going to earn profit as time goes by. If you have enough funds, it is much better to hold both. But if none,  I would rather hold gold for long time investment and bitcoin for a short time investment.
Actually I am holding both for the future. Honestly, I do not trust FIAT. I can not put all trust in the value of FIAT I am using everyday. However, I can not stop to use FIAT and replace it by cryptocurrency or gold. Therefore, I spilit my 80% funds to 6:4 (Bitcoin 6 : Gold 4) to save my money for the future.

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waywethe
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April 03, 2018, 03:55:02 PM
 #1713

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
same opinion with you. But if there is a case that is the price of Bitcoin stable like gold, then I think gold and Bitcoin are the same. But I still think gold is better at this point. Gold hold is a good choice
waqasniaz007
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April 03, 2018, 05:14:01 PM
 #1714

Gold is dug from the ground, forged in flames, and hurts like heck when you drop it on your foot. Bitcoin is purely digital and created by computers crunching complex equations, existing only in bits and bytes. Both are assets one is virtual and the second one is physical. But  I think gold has edge over bitcoin.
keyscore44
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April 03, 2018, 05:24:02 PM
 #1715

For me bitcoin is better cause now you could hear lot of voices that gold is better but that is only cause people believe only in material things and bitcoin is to hard to understand for them, i would pick bitcoin cause i believe that in future that market will develop to higher level.

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markj113
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April 03, 2018, 05:41:40 PM
 #1716

Gold back petrol Yuan coming.
https://www.silverdoctors.com/gold/gold-news/gold-convertible-yuan-denominated-oil-contract-says-it-all-china-no-longer-wants-to-pay-in-dollars/


"H.R.5404 - To define the dollar as a fixed weight of gold."
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Gold price is going one way, just wait for the price reset to kick in.

signaturecoin
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April 03, 2018, 07:20:44 PM
 #1717

Both are good choices if you have plenty of money to invest but if you have limited investment and want some good profit in return, then obviously bitcoin outstands gold because of its volatile nature. Gold is very much stable and it provides profit not much often rather you need to wait too much from selling gold at high prices whereas bitcoin is often pumping and dumping, providing you with opportunities of selling it for profit.
nur rochid
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April 08, 2018, 11:47:43 AM
 #1718

Gold is dug from the ground, forged in flames, and hurts like heck when you drop it on your foot. Bitcoin is purely digital and created by computers crunching complex equations, existing only in bits and bytes. Both are assets one is virtual and the second one is physical. But  I think gold has edge over bitcoin.
it is true when viewed from the origin, but i think both have advantages and disadvantages of each. gold is safer for investment but profit is not as much as we invest btc, besides that gold risk is smaller
Grayy
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April 08, 2018, 12:25:04 PM
 #1719

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
Despite the physical value of gold I think the store of gold as wealth may not be as secure as the store of bitcoin. Also travelling around with gold could be a bulky task. If more companies accept gold and bitcoin equally as means of exchange for goods and sevices, I bet bitcoin will usurp gold. You wouldn't have to travel to where a company is to get a commodity/service. Who doesn't want a smart and simple life?...lol.
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April 08, 2018, 01:04:01 PM
 #1720

I prefer gold for investment. Because gold has a physical and has existed from antiquity as a valuable asset. Gold also has a stable price, and it always increases its price. Bitcoin may have more selling value than gold but bitcoin jg has more risk.
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