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uquid
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September 19, 2016, 12:47:51 PM
 #1

BTC Bitcoin and Gold


Which one you prefer ?


why rich people still holding gold instead of holding Bitcoin ?

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September 19, 2016, 01:00:52 PM
 #2

Gold is very stable investment compared to bitcoins and gold can be liquidated in any country very easily so I many people prefer to hold on to gold. But bitcoins are not so popular in all countries, and we can't liquidate it easily in all countries when we need to money. I also hold more gold than bitcoins as of now because bitcoin prices are very volatile so I put only some money in bitcoins.

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September 19, 2016, 01:01:02 PM
 #3

Gold can be stolen. Bitcoin price can be $0 worth of system so if i were you save some invest some. Anything could happen in life but if i have both bitcoin and gold i will be selling them in the first place.


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September 19, 2016, 02:27:45 PM
 #4

Reason for this is obvious as gold have large marketcap or market, so price of gold is almost stable. It is also considered as precious metals and you can actually touch real gold bar so even a small uneducated person may think easier to buy gold and hope for price rise or atleast get back cash when needed and use those golds as jewelleries till they need some cash. But techy guy, professional businessman have already started grabbing bitcoin rather than gold right now.

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September 19, 2016, 02:40:45 PM
 #5

Major investment will be made in gold to take benefits in long run, as I am sure that gold will never disappoint me in future and to make small profits in quick time will  invest some in bitcoins.
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September 19, 2016, 02:54:49 PM
 #6

Gold is very stable investment compared to bitcoins and gold can be liquidated in any country very easily so I many people prefer to hold on to gold. But bitcoins are not so popular in all countries, and we can't liquidate it easily in all countries when we need to money. I also hold more gold than bitcoins as of now because bitcoin prices are very volatile so I put only some money in bitcoins.
Many thank for sharing.
yeah, bitcoin not stable compare with gold. but in short-time i think it could make more profit margin compare with gold

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September 19, 2016, 02:58:07 PM
 #7

Gold can be stolen. Bitcoin price can be $0 worth of system so if i were you save some invest some. Anything could happen in life but if i have both bitcoin and gold i will be selling them in the first place.

you right, it risky if you put all eggs in 1 basket . we can keep gold for long time. selling bitcoin in short-time seem reduce risky ?

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September 19, 2016, 02:58:14 PM
 #8

Honestly if I wanted to  use a certain item for currency to store my wealth, I would choose gold since it's stabler in price.

If I were to try to invest for profit though, definitely bitcoins.

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September 19, 2016, 03:22:54 PM
 #9

i personally always prefer bitcoin over anything as there is much more upwards potential than gold for the coming years. why the big boys (non bitcoiners) prefer gold? the somewhat "stable" aspect of it makes it a great store of value tool, plus the gold market has much more liquidity compared to bitcoin. large players like to get in by big numbers, but they also want to get out by big numbers. that's one of the reasons for these people to prefer gold compared to bitcoin. bitcoin market is way too thin and has barely any buy support to catch up massive dumps.
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September 19, 2016, 03:28:10 PM
 #10

BTC Bitcoin and Gold


Which one you prefer ?


why rich people still holding gold instead of holding Bitcoin ?
Gold has a stable price which is you can sell gold instantly there are store that buying golds you can easily go there and sell it gold has also stable price but i personaly use bitcoin for some purposes like investment tradeing and gambling bitcoin can make more than gold.

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September 19, 2016, 03:32:14 PM
 #11

BTC Bitcoin and Gold
Which one you prefer ?
I obviously prefer bitcoin over gold but also I am investing in both of them (more in bitcoin) because both are good investments with a good future returns. and diversification is always a good idea in all investments. so what is better than gold as your alternative investment.

Quote
why rich people still holding gold instead of holding Bitcoin ?[/center]

they are also investing in and keeping bitcoin.
but in general people are investing in gold because it has been around for much longer time and it is not going anywhere.
also it is familiar even kids know what gold is and see it, touch it unlike bitcoin which has been around for a short while and it is not something you see everyday.

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September 19, 2016, 03:35:44 PM
 #12

Gold has a stable price which is you can sell gold instantly there are store that buying golds you can easily go there and sell it gold has also stable price but i personaly use bitcoin for some purposes like investment tradeing and gambling bitcoin can make more than gold.

Agreed, I'm on the lookout for "cash for bitcoin" signs since not many places allow you to convert BTC to local currency as quick.


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September 19, 2016, 03:47:21 PM
 #13

I prefer Bitcoin. However one may argue that Gold is a better way to store your wealth. Replies from me and many more on the several threads on the subject: 1, 2, 3
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September 19, 2016, 03:54:42 PM
 #14

these subjects always being debated, there are some thread abtout bitcoin vs gold in this forum like this one,
https://bitcointalk.org/index.php?topic=508270.0
but what can i say? i prefer to choose both since holding some limited things is a good choice,
it's clearly why do rich people prefer to storing their asets on gold due to gold's price is stable than bitcoin's price

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September 19, 2016, 05:45:21 PM
 #15

why not both? avoid risks. and there's nothing more risky than put all your money in one investment.

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September 19, 2016, 06:11:56 PM
 #16

Gold for the long term. Bitcoin otherwise.
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September 19, 2016, 06:18:44 PM
 #17

Gold of course

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September 19, 2016, 06:26:57 PM
 #18

why rich people still holding gold instead of holding Bitcoin?

Lol... this has been discussed many times here in the past...

Gold is one of the safest investment assets, while Bitcoin is similar to a HYIP. Obviously, most of the billionaires are looking to conserve their wealth, rather than looking to increase it. For such purpose, gold is ideal.

That doesn't mean that rich people are not interested in Bitcoins. I can give a few examples, such as the Winklevoss twins, Reid Hoffman, Sir Richard Branson and Li Ka-shing.
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September 19, 2016, 06:28:04 PM
 #19

Since i can not afford gold and gold is long journey before the price will increase.. i will stay in bitcoin because more easy to use unlke gold that if you bring it to your house and hold it for a long time bitcoins is more easy and the price of bitcoin is fast unlike gold.. so ill stay in bitcoin..


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aamarket
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September 19, 2016, 06:34:08 PM
 #20

BTC of course, exactly as said above, more liquid, better future than gold Wink

IMPORTANT:http://bitcointalk.org/index.php?topic=177133.0,Tips welcome BTC:1AAMARKETmJvfjDwEFmhyYYwfre7ZFVseP  RIC:RGnX6LcJrsVEuYeySDDxkmH7AjRqoprcKt
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