Post
Topic
Board Economics
Re: Holdings of gold vs Holdings of btc
by
Mark02
on 20/10/2016, 01:55:31 UTC
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?
They are both good by holding long and short term they are the same that price getting down and up. So its better to have that both gold is for a long term and bitcoin can you hold it in a short term. But bitcoin is fastest grown the price so we get profit in short time. Gold is smooth to grow the price.

They are indeed both good but I prefer holding the bitcoin because it has a great future and its also that you can do it for more terms, it can be profitable on a short term too with gold this is not the point.

Yeah, and besides in terms or security. Bitcoin is more secure than gold because it is in the crypto world. There is much less risk of having it stolen because we all know that if people know that you are storing for about a high amount of gold. They may plan to steal it because it has a high value. Not in bitcoin because it is more private. You are the only one who know how much you are holding or what amount is that. So it is more secure and private to hold bitcoin.

In terms of pricing. I think they are equal because both of them are fluctuating prices so its up to you what do you want to keep as an investment