Yes, bitcoin may be more attractive than gold, but that doesn't mean bitcoin is better than gold. That's not my point. Gold has long been used by business people, and many businessmen also invest in it. But there are also many people who are not capable of having gold.
But with bitcoin, any person or ordinary person can have bitcoin for any amount they have, as long as it does not go below 10 dollars. They have a chance to have bitcoin, and the time may come when 10 dollars becomes 1000 dollars, the value that gold cannot do because of the volatility that Bitcoin has.
Topic: Has BTC really become more attractive than gold? - page 4. (Read 1918 times)
I invest in both Bitcoin and gold. I believe it's not wise to put all the eggs in one basket.
You're right and that's good that you've diversified both in good assets. I've seen just today that gold is pumping as well but if we're going to compare its gain to Bitcoin, we know that it's incomparable.And with the existence that gold has, Bitcoin is still far from it. So both of them have their goodness to each other.
If you're the type of investor that can do both, you're privileged to do it.
I would like to know your views on BTC and gold:
- Are you investing in BTC or gold?
- Do you think BTC has become more attractive than gold in the investment sector?
- Have people like Peter Schiff accumulated a lot of BTC while still badmouthing BTC in the media?
1. It's very much good to know that both bitcoin and gold are nice investments and choosing one over the other is really hard because if I have the opportunity I will proudly invest in both. Let's borrow some ideas from some people who already answered this question, bitcoin is more like a digital gold and traditional gold is the physical one we can see and hold. The two are good investment but if we are to chose as coiners then it will bitcoin for sure.
2. Yes, of course bitcoin is becoming more attractive in the investment sector but this answers is biased because I haven't done any scientific research on that to go into conclusion but as from the informations gather from this forum I think bitcoin is becoming more attractive over and over again.
3. That's solely in the position of the person himself to answer that because I don't know if surely Peter Schiff have accumulated bitcoin or not but we can say yes he must have having find out that it has proven itself over the years and it's still not lost like other scam projects.
You're right and that's good that you've diversified both in good assets. I've seen just today that gold is pumping as well but if we're going to compare its gain to Bitcoin, we know that it's incomparable.
And with the existence that gold has, Bitcoin is still far from it. So both of them have their goodness to each other.
If you're the type of investor that can do both, you're privileged to do it.
The largest investors in the financial market still choose Gold, although they are diversifying a part of their portfolio into BTC, I believe that is the best way currently to balance both safety and profit.And with the existence that gold has, Bitcoin is still far from it. So both of them have their goodness to each other.
If you're the type of investor that can do both, you're privileged to do it.
I think we cannot compare the value or role of BTC with Gold. They are too different, we can only compare a few aspects, such as BTC is becoming more attractive than Gold in the eyes of investors because they are choosing BTC instead of Gold, or choosing spot BTC ETFs instead of spot Gold ETFs.
I hope that the wave of investment in BTC will continue to grow and overcome the next crypto winter, that will be the maturity of BTC to exist as the top choice for investment. At the same time, I believe that in the next decade, Gold will still be the world's leading reserve asset.
I think I have sawn topic kinda similar to this topic in the altcointalk forum. Anyway I would like to say that Bitcoin is expanding itself but if we look out in the percentage of population then we will found out that the people who knows about Bitcoin is still not very much regards of the world population. I think that the people in the world it will be likely most of the people knows gold rather than Bitcoin. And there is a large amount of people who are not connected to internet and those are also don't know about Bitcoin. So I think it will be take more few years to know all the people about Bitcoin and obviously more attractive than gold.
I invest in both Bitcoin and gold. I believe it's not wise to put all the eggs in one basket.
You're right and that's good that you've diversified both in good assets. I've seen just today that gold is pumping as well but if we're going to compare its gain to Bitcoin, we know that it's incomparable.And with the existence that gold has, Bitcoin is still far from it. So both of them have their goodness to each other.
If you're the type of investor that can do both, you're privileged to do it.
I invest in both Bitcoin and gold. I believe it's not wise to put all the eggs in one basket.
There is still 2 voters that gets to Gold , I dunno why they are here and what they are doing since they trust gold more than Bitcoin but for me? Iwill keep choosing bitcoin instead of Gold because I have seen how much Bitcoin grows over the year and also experience having gold up to now and the price from how much i bought for 5 years now yet ? the value almost stay the same.
It is a matter of choice indeed, you can have some gold and Bitcoin at the same time, feel free to go for what's best for you.
I prefer to invest in Bitcoin because it is the better Gold, no one wants to invest their money and make less money for many years of holding the assets, Bitcoin beats Gold in this category hands down, Bitcoin has the best ROI overall.
Gold is a good or probably a better store of value than Bitcoin, the movement in price is more stable than Bitcoin, but I don't want to be a part of Gold holding, it's physical and Bitcoin is not, also Gold isn't decentralized like Bitcoin.
It is indeed a matter of choice.
I prefer to invest in Bitcoin because it is the better Gold, no one wants to invest their money and make less money for many years of holding the assets, Bitcoin beats Gold in this category hands down, Bitcoin has the best ROI overall.
Gold is a good or probably a better store of value than Bitcoin, the movement in price is more stable than Bitcoin, but I don't want to be a part of Gold holding, it's physical and Bitcoin is not, also Gold isn't decentralized like Bitcoin.
It is indeed a matter of choice.
Yes of course it is the matter of choices so make your own mind without blindly trusts the ideas of others. We cannot say bad things about any one of them because from both bitcoin and gold people have got huge money.
People often wants to earn money but they don't want to wait longer so due to lack of such ability they always remains in a single state therefore invest in both gold and bitcoin as you will not be in loss but will be in profit.
Every person thinks differently some will choose bitcoin because of online investment and some will prefer physical investment in gold but I think both types of investors will be in profit so make sure that you know better about your investment.
This is the main reason why most of us will choose bitcoin over gold, profit is the factor that makes us not want gold and will only choose bitcoin. But people did not dare to accept this truth, they began to make up reasons such as gold being cumbersome, gold being material and centralized...
. Everyone thinks of getting rich quickly and gold cannot help them do that, while bitcoin can help them realize their dream of getting rich quickly. That's why they choose bitcoin, including me, but I won't deny it like them. I would like to know your views on BTC and gold:
Investing in gold is risk free, but not as profitable as Bitcoin. Bitcoin is risky, but long-term holdings can be very profitable. I invested in bitcoin, gold investment is not for me. To buy gold one has to face various problems, one has to go to market or gold shop to buy gold. But I can buy Bitcoin from home. Also less money can't be invested in gold, but I can invest less money in Bitcoin. So I prefer to invest in bitcoins rather than gold.- Are you investing in BTC or gold?
I invested in both of them and have peace of mind. I encourage you to do the same, might not know if you feel comfortable doing this.
It is a matter of choice indeed, you can have some gold and Bitcoin at the same time, feel free to go for what's best for you.
I prefer to invest in Bitcoin because it is the better Gold, no one wants to invest their money and make less money for many years of holding the assets, Bitcoin beats Gold in this category hands down, Bitcoin has the best ROI overall.
Gold is a good or probably a better store of value than Bitcoin, the movement in price is more stable than Bitcoin, but I don't want to be a part of Gold holding, it's physical and Bitcoin is not, also Gold isn't decentralized like Bitcoin.
It is indeed a matter of choice.
I prefer to invest in Bitcoin because it is the better Gold, no one wants to invest their money and make less money for many years of holding the assets, Bitcoin beats Gold in this category hands down, Bitcoin has the best ROI overall.
Gold is a good or probably a better store of value than Bitcoin, the movement in price is more stable than Bitcoin, but I don't want to be a part of Gold holding, it's physical and Bitcoin is not, also Gold isn't decentralized like Bitcoin.
It is indeed a matter of choice.
Yes of course it is the matter of choices so make your own mind without blindly trusts the ideas of others. We cannot say bad things about any one of them because from both bitcoin and gold people have got huge money.
People often wants to earn money but they don't want to wait longer so due to lack of such ability they always remains in a single state therefore invest in both gold and bitcoin as you will not be in loss but will be in profit.
Every person thinks differently some will choose bitcoin because of online investment and some will prefer physical investment in gold but I think both types of investors will be in profit so make sure that you know better about your investment.
I would like to know your views on BTC and gold:
Investing in gold is risk free, but not as profitable as Bitcoin. Bitcoin is risky, but long-term holdings can be very profitable. I invested in bitcoin, gold investment is not for me. To buy gold one has to face various problems, one has to go to market or gold shop to buy gold. But I can buy Bitcoin from home. Also less money can't be invested in gold, but I can invest less money in Bitcoin. So I prefer to invest in bitcoins rather than gold. - Are you investing in BTC or gold?
Even if that's true, bitcoin would still be my pick, the uncertainty might be anxiety inducing but let me tell you this though, it's definitely something that's worth more than gold and the value you'd get in 5 years with bitcoin comparing that to gold is probably big. It might just be me but I believe that if stability is the reason for you to invest in gold or any stable investment out there, you're probably making the wrong decisions that would lead you to do things that's a bit mediocre when you could've done better. I do agree though that we don't have enough for the convincing part but I think that it's not really our business to do that, it will eventually happen and when it does, those people that weren't convinced early would be regretting that they've doubted bitcoin, let's just revel in their misery of missing out for too long because they were ignorant.
Each person has their own beliefs, and it is clear that gold has had a very good reputation for thousands of years. It is recognized, owned, accumulated, and traded by hundreds of countries around the world. I also believe that at the present time, BTC is still too young to be compared to gold in terms of value in the economy. However, what we are seeing is a shift of many traditional investors to BTC. Young people also love BTC and they are the ones who will inherit their parents' wealth in a few decades. At that time, BTC may have matured when it is more widely accepted in the investment field.Currently, gold is still the best reserve asset because its value is stable and increases gradually over time, and BTC is a more attractive investment asset due to its very large growth margin. I believe that although many investors still choose gold, they cannot ignore the profits that BTC can bring.
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~Yup Bitcoin is definitely more attractive than Gold.
There are still many places in the world where gold is very much appreciated as jewellery, we have to admit that, but it's really uncertain whether it will last for long. Young people, as far as I know, don't care about gold jewellery and décor. So, I'd say will hold its current price(adjusted to inflation) for 20-30 years from now, but not more than that.
They are both for long-term investment but what makes Gold the best option is because we are certain that the price will continue to increase, unlike Bitcoin. Maybe we can say that Bitcoin is more attractive or very popular because we are here in the crypto space but as I've tried asking people around me, they don't even know about Bitcoin. I think, it still needs several years of growth consistency to look more attractive to the people who are doubtful about the use of this project. What we have today was not enough to convince people to invest in Bitcoin because until there are FUDs and negative issues, that also give worry and fear to the community.
Even if that's true, bitcoin would still be my pick, the uncertainty might be anxiety inducing but let me tell you this though, it's definitely something that's worth more than gold and the value you'd get in 5 years with bitcoin comparing that to gold is probably big. It might just be me but I believe that if stability is the reason for you to invest in gold or any stable investment out there, you're probably making the wrong decisions that would lead you to do things that's a bit mediocre when you could've done better. I do agree though that we don't have enough for the convincing part but I think that it's not really our business to do that, it will eventually happen and when it does, those people that weren't convinced early would be regretting that they've doubted bitcoin, let's just revel in their misery of missing out for too long because they were ignorant.
I don't think that you're understanding how long the history of value that the gold have in human history, it's been the reason why a lot of wars have been waged, lands stripped of their life, people getting colonized, and lands being conquered by countries that have a strong desire to get more of this, compare that with bitcoin that's not even a 1% of the age of gold as a valuable asset, I don't think that it will overshadow gold in the popularity aspect, when you ask people that aren't invested in bitcoin to describe a person that's extravagantly and obscenely rich, they're probably going to include gold in their description to that person.
How I wish that this is not for popularization , 4 million dollar value to purchase worth of 1.7 billion 
That's not an unusual thing to happen though, most companies can loan large sums of money and that they need, most of the time, the lenders that will let this happen have a really juicy offer that they can't refuse that they allow higher than the company valuation loans and venture capitalists likes this kind of stuff, they thrive on this kind of thing. How I wish that this is not for popularization , 4 million dollar value to purchase worth of 1.7 billion
lets see when this will take place for proving on how it will happen.
I am going to choose Bitcoin as well like majority of the votes because when we knew already what is
the capacity of bitcoin to increase its value comparing to Gold.
Even though this is fake news, it does not deny the trend of investing in BTC instead of gold by many individuals, companies, and governments. Even the strong increase in the price of Nilam shares also confirms the interest of traditional investors in BTC and BTC-related assets. It seems that BTC has become a reputable brand in the investment field thanks to the successes of MS and El Salvador. I hope this wave will develop strongly and achieve significant successes before we will see the crypto market enter the next crypto winter. lets see when this will take place for proving on how it will happen.
I am going to choose Bitcoin as well like majority of the votes because when we knew already what is
the capacity of bitcoin to increase its value comparing to Gold.
A ton of gold currently costs over 64-65 thousand dollars, and a bitcoin, as at the time of writing costs over 66 thousand dollars. The Bitcoin market has gone beyond the gold market ( not all that much of a difference though but still it has).
Bitcoin is called digital gold for a reason and it living up to its name. Gold may nearly ever lose its value and I hope Bitcoin won't too. I believe the many comments before mine would have given you ( OP) the answer to the questions you asked. Just wanted to say that Bitcoin may be more attractive than gold in this age.
Bitcoin is called digital gold for a reason and it living up to its name. Gold may nearly ever lose its value and I hope Bitcoin won't too. I believe the many comments before mine would have given you ( OP) the answer to the questions you asked. Just wanted to say that Bitcoin may be more attractive than gold in this age.
It is a matter of choice indeed, you can have some gold and Bitcoin at the same time, feel free to go for what's best for you.
I prefer to invest in Bitcoin because it is the better Gold, no one wants to invest their money and make less money for many years of holding the assets, Bitcoin beats Gold in this category hands down, Bitcoin has the best ROI overall.
Gold is a good or probably a better store of value than Bitcoin, the movement in price is more stable than Bitcoin, but I don't want to be a part of Gold holding, it's physical and Bitcoin is not, also Gold isn't decentralized like Bitcoin.
It is indeed a matter of choice.
I prefer to invest in Bitcoin because it is the better Gold, no one wants to invest their money and make less money for many years of holding the assets, Bitcoin beats Gold in this category hands down, Bitcoin has the best ROI overall.
Gold is a good or probably a better store of value than Bitcoin, the movement in price is more stable than Bitcoin, but I don't want to be a part of Gold holding, it's physical and Bitcoin is not, also Gold isn't decentralized like Bitcoin.
It is indeed a matter of choice.
Update 2024.03.27: The announcement raises doubts about its legitimacy because Nilam, a company with a market value of only $4 million, plans to purchase a massive $1.7 billion worth of Bitcoin.
lets see when this will take place for proving on how it will happen.
I am going to choose Bitcoin as well like majority of the votes because when we knew already what is
the capacity of bitcoin to increase its value comparing to Gold.
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