Topic: Has BTC really become more attractive than gold? (Read 1949 times)

The shift towards BTC over gold is evident with recent market trends. The move by gold-focused companies like Nilam Resources further validates BTC's growing appeal as a valuable asset class.

How will you make huge profits from bitcoin when your initial capital is only 10 USD? Yes, bitcoin can do that and make many people rich with just a capital of 10 USD or 100 USD if someone bought bitcoin 14 years ago and can hold it until now. But for those starting now, how can you turn $10 or $10k into $1 million thanks to bitcoin? Bitcoin is not a get-rich-quick investment, nor is it a tool that can help you get rich with just a small amount of capital.

In addition, when evaluating the value of an asset, you need to look at their total capitalization, don't just look at the value of each bitcoin or each kilogram of gold and say that bitcoin is larger than gold. What do you think about their capitalization, the gold market capitalization is worth 15 trillion USD, while bitcoin has not even surpassed 2 billion USD?

In recent years, everyone has realized that the price of Bitcoin has continued to increase since it was issued and now many people are collecting Bitcoin as an option for them to invest in their future and they can buy it with whatever amount they can afford and hold In the long term, both gold and Bitcoin, most people will use it as an investment, but it really depends on the knowledge and understanding they have to make one of these two things an investment and Bitcoin of course has risks and we have to understand it carefully. so that you can make a profit from the investment.

Bitcoin is definitely more attractive in the investment sector. There’s no way it did so much price increase without people choosing it over gold. To show how much it is has become attractive as an investment, we now have Bitcoin ETF. Instead of recognizing it as a currency, it was recognized as an investment and that’s a sad thing because they are trying to drive focus away from the currency ability of Bitcoin and making people blinded by what profits they can make when they hodl Bitcoin.

Bitcoin is more valuable than gold for years now and we can benefit from holding and buying Bitcoin if we are very patient to hold for as long as possible. Gold is just a commodity that is traded but the value and price is still less compared to how far the price of Bitcoin has gone do far. We can not buy gold and keep waiting for the price to skyrocket so that we can make money from it but we can buy Bitcoin even as little as $10 and hold for as long as possible we want to hold it. The value is there and we can easily make huge profits from it if we are ready to hold and take the risk that is required for us to make money in the financial market.

I still feel like it comes and goes, just like other commodities as of now. No matter how much I like BTC i feel it has lost its true value/comprehension over time. So without a good bandwargon urge it will be just another asset, just llike the others. Investing-wise, it's been a great median at the right moment.

Not all investors are interested in non-physical investments like bitcoin and other cryptocurrencies, so I think each of them will just lean towards their own beliefs about which assets are the best. Bitcoin users and anyone who is familiar with Bitcoin will definitely try to accumulate Bitcoin compared to other assets, of course as long as they are still optimistic about being able to get big returns in the next bull run after the halving.

Even experienced investors in high-risk assets are not all interested in bitcoin for various reasons. I don't care about the reason why they didn't choose Bitcoin, it's not important to me because basically what we have to think about is ourselves instead of other people, whoever it is.

Both are actually good and highly profitable assets. But as time goes, gold only gets a slight increase in its own value while bitcoin’s value is seen skyrocketing most of the time, no wonder why it’s current price has certainly reached another level. The reason why majority of the investors these days that are more inclined to technology and innovation focused more on accumulating bitcoin rather than gold.

Imho, it has some benefits that gold doesn't, mainly the fact that you can prove certain reserves. Gold has other advantages, but that flaw has led to market manipulation over time, it has been "paperized", unluckily

Various speculations and predictions are starting to happen now, especially regarding the condition of the gold market and also the Bitcoin market because what I see is that gold is still experiencing an increase in purchasing prices. While Bitcoin is currently experiencing a gradual price correction in the market, this does not mean that it will not provide another opportunity for Bitcoin to outperform the gold market someday. Because Bitcoin is strong enough at the moment, especially when there is an ETF in it, it makes more people move their intentions to buy Bitcoin as their own investment from now on.

Of course, we also have to make some plans to ensure that trading will give maximum results and if I listen to what you have said, at least you understand how they are tricked so that the value continues to increase. Btw, we will also witness bitcoin price movements after the halving moment this year.


Of course, they will always be considered rivals because they also pay attention to the growth of crypto market capitalization from day to day. In my opinion, it would be better not to focus on that but to look for better ways to make economic activity run smoothly again, such as cutting interest rates so that people prefer to use money for business rather than saving in banks, maybe it would be better.

Currently, I'm investing in BTC, but I'll also invest in gold in the future when I have enough money.

Personally, I believe it's a thing of preference. Some people will say gold is better, while others will say bitcoin is better. I feel both are still very good stores of value. The major difference to me is the availability and easy access of bitcoin.
It's so easy to get bitcoin. All you need to own bitcoin is  wallet to hold it in and you can get a wallet by downloading it for free. It's too easy. And if you want to liquidate, it's also very easy to sell.

Also, with Bitcoin, you can buy with small amounts of money. You don't need to have a thousand dollars and above before you can own Bitcoin. You can buy $40 worth of bitcoin. This gives the common man an opportunity to invest. That 40 dollars may not turn out to be much, but it will help him turn his savings into investment.


This is a personal view I've always had. I believe most people that criticize bitcoin in the media have bitcoins themselves. Especially those in the banking sector, they know how big bitcoin is or would become so they buy but they will fight it publicly because it threatens their system.

Oh oh, a technical analysis fan here at work!


A lot of people are now rolling with their eyes! You said it is just a look at the past... That is certainly wrong and there is a reason why very often there are massive short squeezes as some "smart" investors think they know what's going to happen next because the market did the same in the past, but it doesn't work like that. Technical analysis never catches unexpected events. But the risk for every investor is in the uncertainty, in the unexpected, not in what can be predicted with certainty and frankly, nothing can be predicted with certainty based on the past.

Just look at how many predictions said we would be six figures at the next block reward halving. We aren't. We are going sideways with slight up and down movements. People wonder whether halvings are priced in, whether we will see another spike, but nobody knows for sure.

I agree that a consortium of big players could manipulate and move the market, but even that wouldn't come without risk.


Then how does this whole statement make sense? Gold' tendency to increase gradually over time. Yes, is there anything different about BTC? Your statement is factually wrong as BTC from its inception till now outcompeted gold. It did not if you bought and sold and tried to time the market. But over a span of five years gold increased by a little less than 90%. BTC increased by about 1500%. What was better at strong and protecting someone's wealth over the last five years?

By the way, gold is better at storing wealth? Would you rather have your private key safely stored somewhere (presuming you know how to do it) or would you prefer your basement being packed with gold bars? How do you use redundancy to store your gold safely in more than one place just in case your house burns down?

I'm just presenting my own point of view. I believe that investment funds and whales have the necessary tools and financial capabilities to make these plans a reality. Looking back at the past, we can see that BTC has been fluctuating in a 4-year cycle, similar to the traditional financial market, so I think professional technical analysts can take advantage of this. In any case, it's just a look at the past, and I hope the funds will apply it more effectively in the future. Personally, I can only DCA BTC and take profits at the distribution zones of each season.

I would like to say that Gold is better for the purpose of storing and protecting assets: Gold's advantage is its price stability and its tendency to increase gradually over time. Gold cannot be compared to BTC in the long term in terms of investment: the returns from Gold will not be as good as the returns from BTC.

I click cars to get in again.

Problem with gold is it sucks. You can't really use it for anything.

Tell that to Peter Gold bug.

What can you draw from this? People value problems highly.

When they solve the problem they will bring it up as an example of good faith. Cheap.

ABC. Cheers. Have some dots to chew on... Lots of editing going on.

You're right, big and quick profits, that's all that makes bitcoin more attractive than gold or any other investment, nothing more, nothing less and we shouldn't deny that.

It is true that bitcoin offers us many use cases and many benefits, and decentralization is one of the most talked about advantages. But profit is what we care about most in bitcoin, I believe that if bitcoin does not bring high profits to many people. Exaggerated bitcoin topics like this will not appear. But many people are trying to deny that they choose bitcoin for other benefits, not for profit.

Well with the way Bitcoin's popularity and price are increasing daily, we can say it's really becoming more attractive than gold. But, at the same time the difference between the price of Bitcoin and gold isn't that much, cause the price of gold isn't remaining stagnant either it's also growing. Both assets are really good forms of investment.

The advantage Bitcoin has over gold is also the disadvantage it has, and that's it's fluctuating market. Bitcoin price is so volatile that it may give you high returns in a short period of time ( that's in this period of ATH), but its price may fluctuate and reduce drastically to the extent that gold would be way more expensive when compared to it.
So, to be honest, they are both really attractive, in as much as Bitcoin is volatile and gold isn't all that volatile, they still share similar prices. But Bitcoin may go way higher than gold since it's breaking ATH Moe more than usual now.

I am wondering how you can explain your approach so easily when it comes to buying and selling BTC back and forth, switching between various asset classes and how you seem to be able to identify uptrends and downtrends without any problems?


Maybe huge investment corporations or hedge funds are switching between asset classes all the time, but they have technology and algorithms and instruments in place that most people don't have at their disposal. But regarding the quote above, this is the logarithmic graph from before 2011 until now, displaying how many ounces of gold you need to buy BTC. When it goes up, BTC outperforms gold, when it goes down, gold outperforms BTC. Please keep in mind how the y-axis is structured and in a best case you visit the website and use the cursor to check out what the graph says. Seems that gold did not outperform BTC very much!



It is important to understand what exactly the graph is telling you. The scale on the y-axis and the long-term trend clearly says that BTC was overhelmingly well performing.

Bitcoin market is likely to outperform gold market in future but sometimes such price declines occur in bitcoin market and it seems that bitcoin will never outperform gold market. Currently the Bitcoin market is down so much before the halving that it doesn't seem like the Bitcoin market will be able to reach the highs before the halving again.

That's right, and over time it happens.

Well, now in this period of decline all have been ready to increase the coffers of ownership again. For me BTC is the most real investment and has a definite future despite its high level of volatility.

In general the assumption is correct that Bitcoin is still relatively new, but regarding the OP question above, I think it is realistic for the OP to want to find out, especially with the significant price spike to date, BTC will always be something of a main foundation, making it attractive to investors who are looking for high potential returns whether they are set in the long term or the HODL period is shortened.