Both are different from each other if we talk about gold then it is good for the majority of investors because the gold is more stable than bitcoin and most of the investors want a secure investment, while on the other hand, some crypto lovers want high profit in a shorter period of time so they choose bitcoin as an investment.
In my opinion comparison of BTC with gold is of no use! Let investors decide where they want / will invest their money.
Topic: BTC and Gold? - page 9. (Read 12088 times)
Bitcoin is, in my opinion, far to be a store of value. SOV. is supposed to be a 'store your value' so your capital, how a cryptocurrency, volatile like BTC is, can help someone to 'store a capital' to avoid the risk to lose a %
It's not a proper SOV yet. How could it be, only 10 years from inception? Most people are unsure exactly what Bitcoin even is, and are still skeptical that it will even exist in the coming decades. So, naturally it's highly volatile because its future is viewed as so uncertain.
However, we can look at Bitcoin's monetary properties and see theoretically why it might serve as a better form of money than anything seen before, given enough time and adoption.
All forms of money (including longstanding forms like gold) are a matter of faith. It's impossible to predict whether humans will put their faith into one form of money or another -- you would need to see the future to know that. What we can do is look at Bitcoin's properties and extrapolate from its market growth what may happen in the future. The more certain Bitcoin's future becomes, the less volatile it will become.
If someone ask me to invest either in Gold or BTC I would definitely chose BTC but this is about part of my investment, I cannot invest the whole amount into Bitcoin at any point of time. Yes if it comes to Gold I can even invest 90% of my cash assets into Gold, this the difference betweeen BTC and Gold.
Bicoin may give you better return but it is not stable whereas Gold is much stable and have other uses as well although return on Gold investment may be lesser. It depends how much amount and for what period you are ready to invest, how much risk you can take, investing in Gold and BTC has their own pros and cons.
Bicoin may give you better return but it is not stable whereas Gold is much stable and have other uses as well although return on Gold investment may be lesser. It depends how much amount and for what period you are ready to invest, how much risk you can take, investing in Gold and BTC has their own pros and cons.
Give a big thank you to gyrsur for the recent post of how many BTC is worth a gold bar link to the pic on twitter. 
between gold and bitcoin if used wisely it must be very profitable gold is dominantly rising but the price increase is very little and requires a long time to get a lot of profits but bitcoin value fluctuating and full of risks but the increase in price offered is truly extraordinary we can seeing it from March to the present the increase was truly extraordinary
BTC has a long way to go if it wants to compete with gold... Gold has more uses too.
Interesting article that talks about BTC vs Gold: https://cryptotradernews.com/cryptocurrency/is-bitcoin-the-new-gold/
Thoughts? Gold is tangible and can be used for other things other than storing value... It's also been around for a much longer time...
Thoughts? Gold is tangible and can be used for other things other than storing value... It's also been around for a much longer time...
New era means new ways to do transactions. In my own point of view, gold is still the main tangible for money but maybe in the future when cashless society is everywhere, Bitcoin would be the basis for every cryptocurrency to emerge.
If you want stability it's on gold. If you want bigger profits then proceed on bitcoin. The future of blockchain is very huge although there are many coins contending to beat bitcoin on top.
Any favorite ones?
Interesting article that talks about BTC vs Gold: https://cryptotradernews.com/cryptocurrency/is-bitcoin-the-new-gold/
Thoughts? Gold is tangible and can be used for other things other than storing value... It's also been around for a much longer time...
Thoughts? Gold is tangible and can be used for other things other than storing value... It's also been around for a much longer time...
New era means new ways to do transactions. In my own point of view, gold is still the main tangible for money but maybe in the future when cashless society is everywhere, Bitcoin would be the basis for every cryptocurrency to emerge.
If you want stability it's on gold. If you want bigger profits then proceed on bitcoin. The future of blockchain is very huge although there are many coins contending to beat bitcoin on top.
Interesting article that talks about BTC vs Gold: https://cryptotradernews.com/cryptocurrency/is-bitcoin-the-new-gold/
Thoughts? Gold is tangible and can be used for other things other than storing value... It's also been around for a much longer time...
Thoughts? Gold is tangible and can be used for other things other than storing value... It's also been around for a much longer time...
New era means new ways to do transactions. In my own point of view, gold is still the main tangible for money but maybe in the future when cashless society is everywhere, Bitcoin would be the basis for every cryptocurrency to emerge.
Could ETH be considered then the equivalent of silver?lol
I see both are very valuable, in general gold is seen, has a form and certainly has value. But it might be risky if we keep it at home. Bitcoin is indeed not visible, but has been popular and has tremendous value. Although it is intangible and only a digital form, for me Bitcoin is an asset for the future. The conclusion is both are very valuable. And the right choice for long-term investment.
That's what I often say when I see people claiming "Bitcoin is the best investment". I know a lot of them have lost money during the crash.
Since I don't hear them anymore to say the same. A lot of people aren't so used with investments generally speaking I think.
Bitcoin is, in my opinion, far to be a store of value. SOV. is supposed to be a 'store your value' so your capital, how a cryptocurrency, volatile like BTC is, can help someone to 'store a capital' to avoid the risk to lose a %
There are dozens of topics on this subject and everyone has a different opinion about this. The truth is both of them have pros and cons and none is perfect, that's in fact why we are having this conversation comparing the two of them. What matters is that both of them are good enough for anyone who wants to exchange his fiat to assets and hold them for a longer period of time.
even an uneducated people can buy and keep gold and gold is popular many wants it ,but bitcoin only who have some knowledge can keep them and use bitcoin is not so popular , if you take gold and bitcoin to people most of them will chose gold, gold prices are most stable
But I think the majority of us now are using high tech devices, I mean we all have high tech gadget that might be learned how to use that digital currency(bitcoin). But why we choose one of them the gold and the bitcoin if we can have profit both of them. I just prefer to hold them both rather than choosing one.
even an uneducated people can buy and keep gold and gold is popular many wants it ,but bitcoin only who have some knowledge can keep them and use bitcoin is not so popular , if you take gold and bitcoin to people most of them will chose gold, gold prices are most stable
There is a photo of what a bar of gold and the sum of bitcoin it is worth.
Ill have to look for the link it and post here when I find it.
Ill have to look for the link it and post here when I find it.
Yes, gold, tangible value, is not only valuable in payment, but also has useful value in storage and many practical applications.
BTC can become a digital gold, but I'm afraid it's not too premature to state that BTC is already a digital gold. Competition is not over. Look, f.e. at BCH, it's developing fast, gaining adoption and have a stong leader, so it does can dethrone btc if the latter has significant problems and doesn't scale itself. Gold is time-tested, but how knows what time will bring us? Maybe in a dozen of years scientists will come up with a technology to develop artificial gold, or it will be revealed in large quantities somewhere on Earth or other planets within reach. What would be with gold in that case? Or if just better materials will be found? Gold isn't eternal, and it doesn't bring such returns as btc due to the young age of the latter.
I don't think that BTC and Gold are comparable. Gold is a metal that can be found everywhere in the universe( obviously not so easily 
). whereas BTC is a completely virtual thing. BTC is only known to the less percentage of people but everyone knows about gold.
The only thing we concern here is the store value of both items. For the long term, I think people will like to choose GOLD rather than BTC. Cause with BTC there is always a risk factor which the gold is almost risk-free.
). whereas BTC is a completely virtual thing. BTC is only known to the less percentage of people but everyone knows about gold. The only thing we concern here is the store value of both items. For the long term, I think people will like to choose GOLD rather than BTC. Cause with BTC there is always a risk factor which the gold is almost risk-free.
It's also been around for a much longer time...
that is not a small difference to go over it that easily. comparison between gold and bitcoin is comparison between something with more than 2 thousand years of history with a 10 year old bitcoin! that is not a comparison that you should even begin to make in my opinion.
Gold goes back even further than that. It was being used in jewellery by the Egyptians around 5000 BCE!
I agree that it's crazy to assume that Bitcoin could replace gold, especially this early on. However, I do sympathize with the idea that Bitcoin has superior monetary qualities to gold -- namely, a completely predictable and transparent supply.
I think it has the potential to become a traditional store-of-value asset like gold in due time.
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