Bitcoin Forum

Bitcoin has now exceeded the gold price, is the choice of bitcoin or gold?

until now, i will choose bitcoin than gold because bitcoin is easy to earn than gold. for bitcoin, if we want to earn bitcoin, we can do by free by playing faucet but for gold, we need to buy it. so bitcoin is cheap and almost without spend any money to earn. so this is the chance for peoples in out there to collect bitcoin.

Indeed, access to get bitcoin is easier nowadays and seems faster/instantly transaction.
Imagine you have $1500 and want to buy gold, how much time and effort to get it? Compare to bitcoin than.
Both of it has high value to store our wealth of course but bitcoin is being trend for now which could double your money in few months

If you buy physical gold < direct ownership > you will have to pay additional funds to secure it, and this push down your profit margins and then you have less liquidity, because the process to sell the gold is more complex. < transport > If you own gold through other means like, Gold exchange-traded funds or Gold mutual funds or Junior gold stocks or Gold options and futures, then you run the risk of centralized organizations determining your future.

Gold ownership in any other form than physical ownership, is not real ownership in my opinion. Try to ask them to give you the physical gold for your stocks and see what they say. ^smile^

Bitcoin > Gold

Bitcoin you can sell 24 hours a day. Would be very difficult to sell gold in the middle of the night  ;D

Yes, The gold price is the past and bitcoin will continue to rise up with prediction: 1,250$ in this month.
Who has pushed the bitcoin price upto 1,110$ or more? it's Chinese, Indian, venezuelan ?

Let’s compare the growth of both commodities. How many years it took for gold to reach this level and on the other hand we have witnessed how many years it took for bitcoin to reach this level. The picture speaks itself, and I see a tremendous growth in next 5 to 10 years (even if the price falls to $800) and while looking for the long term, it’s always a good scenario from my perspective.

Ahahah xD
Well I won't say you're wrong because you're definitely right. But that's like... A very tiny and special argument! It's a bit like saying you'd prefer a plane to a bike because it has 3 wheels ^^
But yeah, btc > gold
Mainly because gold is MEANT to be stable. That's the point of gold, gold production is around 1% every year.
So if gold is stable, it means there is no real place for new actors. While btc is full of space ^^

If we see the function, system and both of price. Of course bitcoin is the choice.
Gold is more stable and good investment for long term with stable income.


These 3 country I think is the most influential for bitcoin price grow. Especially India and Venezuela which the people there already use bitcoin, and the number of users there over 1k.

It's still clearly gold. Gold is trusted by 99% of the world and bitcoin has not yet reach that level of adoption. Probably if we get more people and countries to accept bitcoins too then probably there would be an argument or debate which is better. But as of now, gold is the clear choice. Bitcoins will probably reach it in the future if we get more big companies to join in on the effort.

Bitcoin rise really shocked the world, the price is multiply just in a year, and the price is keep on rising in 2017, of course it will be a great investment to buy bitcoin now, gold movement is a lot slower compared to bitcoin, so it will be more profitable to buy and hold bitcoin now

Bitcoin is better than gold because of the following reasons
-it is easier to earn
-it has more potential and the price is on the rise a lot
-it has become a currency .

In long term, the bitcoin price will be much higher. In the short term, it will trade around current level.

Bitcoin every time, it has the potential to be far greater in value than gold maybe not in the short term.  Bitcoin is also much more fun than gold, we know about gold and there is no innovation with gold it just sits there :)

That was anticipated long back. people investing in bitcoin, knew that bitcoin price will be higher than gold one day and I think that is the beauty of bitcoin. The dynamics of their pricing based on the global trust.

However, gold has a different appeal to the investors. Gold doesn't always have the material value. It can be used for making ornaments and other stuffs. So where bitcoin is a pure investment, gold is not.

Bitcoin will be my choice due to the current situation regarding it. It is very profitable at the moment than Gold, ease of use has also attracted many investors as well as casual users. But yeah many countries tends to block it, so its risky. If I want safety I will go with Gold. But currently with BTC

Yes very true, bitcoin price are now higher than gold price. I chose both because can be very profitable all. But I think gold is still better. Indeed, bitcoin price higher than gold price, but gold prices are very stronger than year to year. While bitcoin price is very volatile so that can not be strong like gold price. Maybe the next time bitcoin price is always stronger and not falling for more than two years, bitcoin will be can equal gold. And certainly many people are turning to bitcoin.

Just recently bitcoins price has dropped. The price has lessened from 1000$ to 900$ each. With these I must play safe and choose both bitcoin and gold that way my investment will be much safer. If I will not profit on bitcoin then I will profit on gold. BUt I just hope bitcoin will jump again to more than 1000$ each.  My friends panicked at the price dropped and sold their bitcoins and so they did not profit and we hope it will climb up again so we can take back our losses.

When there is blood on te streets.. buy.
I managed to cash out some of my coins and right now I find myself avoiding trading. Let's see where the price settles at. My guess is we can still go both ways. More correction or people trying to buy back cheap coins.

After that sudden price dip on bitcoins price it starts to climb up again and mentioning above about those friends who panic sell then its really a sorry and sad thing for them because they follow their emotions and selling their coins while bitcoin is dipping.For now its the ideal time to buy bitcoin again because we are just on sub $1k price.

For sure some if not all of those three countries have something with this pump, thats around 300 dollars from the stable price around 800 to the current level. Bitcoin were always the best investement, the results from 2015 to 2016 has already proven those, there isnt such currencie able to make what bitcoin is making, thats get double value over some period.

I personally prefer bitcoin in the appeal of gold, because bitcoin is very easy to do transaki. or buying and selling in the market altcoin reliable.

Yes it's true I'm 100% agree with you. Gold is less liquidate asset than Bitcoin that is why Bitcoin should not be called an asset it should be called money or currency and it is 100% liquidate just like cash. If we store gold in bank locker than it will be not accessible at midnight but Bitcoin can be used whenever you want to use, only requirement to use Bitcoin is you need a digital device like mobile, computer etc and internet connection to access Bitcoin fund.     

Of course, my choice is bitcoin, yes the price is very high today, but there are many ways to grow bitcoin free, or do some tasks and get it as a bounty. There is no easy way to earn gold) so first for me is bitcoin, and then gold

At the moment my choice is still Bitcoin, I've never been much interested in gold. And the Bitcoin is more convenient for me, although more volatile so I don't invest in gold. But maybe would be wise to split the investments between Bitcoin and gold and not put all eggs just in one basket.

Why compare the price of gold in $/ounce to bitcoin?
You can always find a unit of weight, such that the price of gold (per unit weight) is equal to the price of bitcoin.
Comparing the two doesn't make sense.

Yes a division of investment is great and wise thinking but unfortunately I don't have the money for both and if I have the money I will use it for both one for taking high risks for a brighter future that might end up as a waste of money or something and one for securing future (Gold) .

Earning bitcoin is so much more easier than gold plus you can earn even without giving a cent . The thing in gold that exceeds bitcoin is the time of existence and value which you can keep for a hundred years . We don't know if bitcoin will continue shining for a hundred years thats why we can't call it an asset .

That's true i will never choose gold here in my country is really hard to sell gold you need to find a good buyer and also a good offer. Bitcoin is really easy to earn from faucet and if you already earn initial deposit then spend your money on trading to grow and collect more bitcoin.

I don't really understand how we can compare btc with gold. The times when gold used to be a currency are over long ago. Btc is very new and really is a currency. Gold is just some stable matter people are always interested in. How do you count the price of gold to compare it with btc anyway? 1 btc is $950 and it's sort of understood. But there is no '1 gold', right? Is it a kilo of gold? Or is it a pound?

   Like some other members I also dont see a point in comparing bitcoin and gold. Both of them represent different movements, and they have different purpose.
   In my head there isnt choice between gold and btc, I never had sympathy for gold and I never earned from gold. On other hand I embraced bitcoin from beginning, and I can I just enjoy in sweet victory over gold.

Yes and if you don't have a certificate saying your gold is real then you need to pay for that too and if your gold does not come from one of the top mining companies then the potential buyers will try to get your gold for an even lower price, none of that happens with bitcoin.

Not to rain on the parade... But a whole bitcoin is an arbitrary amount of bitcoin and an ounce is an arbitrary amount of gold. So that does not mean bitcoin is worth more than gold.

As for now, my main choice would be bitcoin, but only because of its price but I still can`t ignore the
possibility a sudden drop of bitcoins price which already happened several times in the past. having said that
it wouldn't hurt to invest in gold which also has a potential even if the growth is slow but at least it is stable
which is reliable in long term.

For myself, I prefer bitcoin because is more reliable for me to invest on it. Gold will stay gold with a background of 5000 years of history, today the gold price is more valuable than bitcoin.

But I am pretty confident that the price of bitcoin will continue to increase during the year of 2017.

We have been discussing for years about choosing either gold or bitcoin and those discussions got a very big meaning with this bitcoin's rally. Unfortunately bitcoin prices are not sustaining there, hopefully bitcoin will bounce back to beat gold price again.

I just believe this is just a beginning and we are going to beat even big stocks.

...
You know this feeling when you were pretty sure of yourself who thought you understood everything and then suddenly you got someone who tells you very politely and in a little sentence not taking a full line that what you were thinking is not only wrong, but it's also a complete stupid nonsense?
Well I know this feeling right now.

But that's an interesting experiment. I mean I WAS SURE that the title was true, I believed this idea immediately without questioning it.
While in fact it had no sense cause it was like comparing a temperature to a price.

No surprises for me. In fact, it was speculated well in advance by many people here. All now I am expecting is sustaining price levels, hopefully bitcoin will range bound around $1000 levels for some time.

you must explore definition
in gold real investment or real investment
beause you online trading gold use metatrader 4, fluctiation same with bitcoin very big
and you can get much profit and lost all monei if MC , use online trading gold

but if real investment physic gold, gold price is very low incraese so low return

Long back itself bitcoin price has gone beyond that of gold. Now the recent increase makes it a big rise in the value compared to the past. Also the sudden fall in price after the great increase might have changed the mind of users to focus on gold, because such big fluctuations won't happen with it. Only the users who believes bitcoin whole heartedly keep hold and continues earning and using bitcoin whether the price falls or increases.

Bitcoin ofcourse. The price of this coin is increasing and decreasing easily in short of time. I dont know in gold price if the same. But I want bitcoin ofcourse because im earning here and trade it even  if i have only small amount of money.

Chinese
Bitcoin breakthrough in January 5th highs was approaching 9000 yuan, in 2016 the increase has been more than 200%, one of any investment products, but also the continuation of this remarkable market at the beginning of the new year. But in the evening of 5, intraday rapid diving, once touched $6000 yuan.
I just want to say that Chinese people can play too much

I think most people look at the rise of bitcoin. Bitcoin easier to appreciate than gold, easier to get more profits.Of course, bitcoin is not a currency, not a complete sense of the currency, it will take several years to develop and improve.

this is the second time that it happen, remember the good old thread "gold down bitcoin up"

i believe gold is done it will not increase more than the current value, the market is saturated, bitcoin reaching $1k is only the first step instead

yes that is a fact, in my area the price of bitcoin is almost double the price of Gold, but there is a lot  of fluctuation in the price of bitcoin where as the price of gold is stale and we can observe a very little change in the price of bitcoin.

Per ounce? It's not anymore as bitcoin price is too volatile and could easily drop back such as two last days from $1145 to $850 per 1BTC bitcoin.
Bitcoin price could easily pump again but panic selling could dump it again, at least gold is stable option to store our wealth.

It is a feeling I am also very familiar with.  :-[
You should see me stumble around tying to figure out my car. You proubly know a million times more about cars than me. Even if you know very little about cars.

I suppose if you wanted to compare gold an BTC you could maybe tell something from the calculation below.
The total available world supply of gold has been estimated at 165,000 tons. The total supply of bitcoin is 21,000,000. So that is about 0.000007857 tons per bitcoin. There are 32,150.75 troy ounces in 1 metric ton so that is  0.25Oz. per BTC...
Wait a min.??? is bitcoin 4x more valuable than gold? Or am I doing the math wrong?

yes that is a fact that the price of bitcoin has such a big fluctuation as it reached to 1145 and on very next day it dropped to below 800 USD.  where as the price of gold remains so stable that we can observer a slight change in the price of bitcoin.

Yeah it is like comparing apples and oranges, besides the market for gold still moves a lot more money than bitcoin does, which I think is a more important point of comparison than comparing 1BTC vs 1OZ of gold.

I think gold is done as well. The dollar is up and gold, plus other currencies have tanked. The only thing holding it's value is bitcoin, but that's because most of the buyers are in currencies (yuan, rupee) that are tanking against the dollar and they're trying to get out using bitcoin as a path.

for short term i will choose bitcoin, now it is a good idea to purchase some bitcoin and trade bitcoin, storing bitcoin for a long term is also a good idea but i am not sure bitcoin can survive for a very long time like 50 years old, but if you store gold it will be still valuable no matter how many years you keep it, so for a long term i choose gold

Well it kissed the gold price and then procedded to take a nose dive, not very good for bitcoins rep as a good source of investment.  :o

That ain't a real choice in my big blackhead.  Jist because 2 thangs is around the same price don' mean I gots ta choooose between the 2.  Gold got its uses, an' I fancy wearin' an oversized gol' rope 'round my neck, but bitcoin is anotha' thang entirely.  Them 2 is almost like apples an' oranges, as the academic people got a habit of sayin'.

An' now bitcoin done dropped through the penthouse an' is sittin' pretty at $891.  What gold at?  Summin' like $1110.  If you all ain't got the intestinoidal fortitude for big swings, bitcoin ain' the right pet fo' yo zoo.  Thank about it.

bitcoin price is indeed more than gold but for the popularity, i think many people will stay with gold because they don't know anything about bitcoin. but for me, i will stick with bitcoin, i'd like to save bitcoin than gold and its because i don't have much of money to buy gold. but to earn bitcoin, i think i can earn more bitcoin in internet.

those people who want to increase their money the give preference to bitcoin and those people who just want to save tier money and not invest them any where then they buy gold as gold is  so stable and they therefore prefer gold for saving their money.

Give me an example of why I would want to sell my gold in the middle of the night  ???

Another pointless example as most people of any intelligence actually hold cash too.  

Just like saying try selling your bitcoin during a power cut / EMP attack / Internet outage / Hardware failure / BTC network attack etc.

Gold does not have the same movements the bitcoin markets does but that is because, the market is bigger, there is paper gold that suppresses the price of gold and gold tends to move extremely quickly when it correct itself, so that is why we don't see a lot of action in gold if we compare it to bitcoin. 

Well it's now back to $905. I'm assuming that could be due to a lot of people cashing out. I can say much for gold because I don't own any but I'm seeing that if you want earnings, you're better with bitcoin but if you want a bit of stability, go for gold. Diversified is best.


This one. Power cut and internet outage wouldn't probably be really big problems since you'd still have your bitcoins with you. It's hardware failure and hacks that is really the scary ones. Bitcoins would be gone in the blink of an eye, leaving you nothing to show for it. And should someone launch an EMP attack, you can say goodbye to your bitcoin, your phone and life as you know it.

Bitcoin and gold are instrument of investments, there are risk on them and the most high risk between bitcoins and gold is bitcoins.
So for investment sort term i will choose bitcoin because of high fluctuation of price and it is good for making profit from trading bitcoin (altcoins).
And for save the profits from trading bitcoins or altcoins, of course i will choose gold for long term investments,
so everything depend on our strategy of investments.
For me bitcoin and gold are best choice.

Now bitcoin prices have fallen, but I will still choose bitcoin, because its price volatility, we can earn profits from, of course this is not a simple transaction, you need to have enough vision and knowledge.

Exactly. Bitcoin is also a brand new technological protocol, while gold has been around for ages. And Bitcoin's volatility is incomparable to gold's.
It also can't be manipulated by chinese whales.

But still the exchanges like Localbitcoins still the traders from the site providing good value the bitcoins. Its obviously best time to sell it out now also. If you wish have plan for later you could hold it.

It absolutely depends on how seriously you are going to save money. If you like extrem than buy btc but also there is high possibility of price down or price rise up, it's nature of bitcoin. Gold is for more serious money saving because it's more stable and behind money, it's gold and it was like that centuries ago.

It's too early to say that. The price of bitcoin is really unstable, if 1 whale sell all their bitcoins, it will affect the bitcoins price like 2-3 days ago. I still prefer choose gold, because the price of gold is stable and even the price going down, it's only the small one not like bitcoin that can easily down.

Looks like some whale has sold a big of the coins he had, but if you see for other side you were paying 1100 dollars for 1 bitcoin, soo with the dump created the same whale can buy bitcoin for 800-900 dollars, and now can repeat the process from the last week, pump and then dump. Gold as i know doesnt offer such potencial as bitcoin to make easy and fast money, only if you play forex with it, and its a high risk.

Yes I do agreed, that bitcoin exceeded the gold price, I know for the bitcoin enthusiast of course we choose the reason why we are here. we will continue what we had started here. I mean hold and keep it while waiting for the right time again.

But what if government suddenly banning the distribution of the gold? it will become worthless for sure, if you're worrying something that's actually not exist, it's pointless, both gold and bitcoin have some factors that could cause both price to falling, it's just don't make sense worrying things like that

Bitcoin is my choice.Gold has been in existence for more centuries when compared to bitcoin which has just crossed 7 years of its initial stage. But still bitcoin is worth and it has given huge returns for its holders.Unlike gold,Bitcoin can be easily sent to any parts of the world instantly.Bitcoin price is expected to go beyond $2000 by the end of 2017.

Bitcoin inherited the advantages of gold, but also overcome the drawbacks of gold, and is a programmable currency, in line with the development of the Internet era. Regardless of whether the price of bitcoin beyond gold, I will choose bitcoin.

But if bitcoins prices crash, there is no point in holding it unlike gold which is globally accepted and will take a while before people forget about it. This is an inherent problem with bitcoins as it has no physical form anyone can hold and no actual use outside of being a currency. Unlike gold which has both physical use and real world uses such as making jewelry and even computer parts.

It looks like other cryptocurrencies, we cannot say when does bitcoin will be gone. We all know that bitcoin is just only a virtual money. We all say that bitcoin will be gone sooner, or bitcoin will be legal. We cannot predict what will be the future of bitcoin. We will not know the future of gold and bitcoins.

Yes i agree with your opinion, and bitcoins has gone beyond gold price
but users gold more much than users bitcoins.
that is why golds price is more stable than bitcoins price,
wait until many people who use bitcoins on their real life will become bitcoins price be stable.

Governments will not ban gold, they use gold. It is like banning their own currency.

You have to accept the truth that bitcoin is still volatile, has still has a lot of space for improvements and can still be manipulated by whales. The good news is, a lot of people are starting to invest into it. So, in the near future it will not be that much of a concern. But it is still now. Bitcoin can reach the price of gold now, but gold still has more value than bitcoin. Only time can tell if bitcoin can really overtake gold in value.

For now it's wise to choose bitcoins over gold but as a strategic investor you should know when to switch from one commodity to the other to maximize your profits. I would have most of my investments in Bitcoin at the moment if I was a full time investor but I will study and know when to buy gold.

So far in my life I do have both, but if I am to choose between two I always prefer bitcoin. Bitcoin has been helpful in our daily life to pay bills and with the help of bitcoin I can trade and withdraw anytime I want with paper less transaction. I wish I could have more bitcoin since bitcoin is rarer than gold, we just have limited number of bitcoin so its price will increase as the demand continue to rise. 

Paperless transactions are really nice. I also like bitcoins because of that, another is that I can monitor how much my money is which is better than checking your wallet or checking your bank account if it has money. In bitcoin, it's really easy to manage your finances also you don't have to worry about having to store it in a bank and paying for fees when you use it.

Those are features which make people to use bitcoin than the traditional banking or other virtual currencies. When its been compared with gold, the popularity that gold has got is really big as well it has a physical form which makes it a trusted investment. Now the potential of bitcoin is experienced by several gold users and started investing in terms of bitcoin. So probably can expect a big support for bitcoin soon, also price of bitcoin is quite good that it can be defragment into small portion and invested similar to gold.

Affirmative, gold is a tangible value that can be touched in addition to its apparent beauty maybe that's one of the main reasons why it's so expensive, the above  together with that it has become very difficult to extract due to the high cost mainly,  have placed it in a shelter of value par excellence, in the case of BTC it's intangible, resembles more to a class of service, and facilitates certain transactions enormously as well as uniting certain areas in the area of technology and finances, there is still no point of comparison between the two, since gold has long been a valuable instrument but the outlook could change more in the future, who knows.

I disagree with this. Bitcoin does not have higher liquidity than gold. To quote Investopedia "Liquidity describes the degree to which an asset or security can be quickly bought or sold in the market without affecting the asset's price". Gold's daily volume has seen $20 billion USD which is higher than Bitcoin's total market cap. If you try to buy Bitcoin with all of gold's daily volume I think the BTC/USD rate would fly to $100,000 in one day maybe even more as Bitcoin only has $100 million daily volume. I hope someone tries this in fact.

In terms of accessibility, where I live, gold still wins. Bitcoin/fiat exchanges I have access to have huge differences between buy and sell prices as well as ridiculous commissions. However, I can easily buy and sell gold with an online bank account 24 hours a day at a reasonable rate.

Really? Wow! that's really great news :D i really got motivated to earn more bitcoins :D well my choice is bitcoin because bitcoin is easy to achieve unlike the gold it's tough to find one single pebble of gold but in bitcoin you can just earn from it by working and it will exceed to much greater income in the near future and starts to get big of a deal to internet and to the world bitcoins is the most powerful in this era :D i know gold is very real and bitcoin is just a programmed code but in this era technologies rule and bitcoin is happiness :D

I don't think there should be need for comparing the prices of Gold and Bitcoin at all. I know this will generate media attention, but for me I will still pick Gold ahead of Bitcoin because of the fundamentals behind it and more than 5000yrs of history as store of value

every one has their own decision, to me i think yes choosing gold is a good decision but only for saving purpose, as you can save your investment in gold for a long time. your investment will be more safe. but gold cannot increase your investment, if you want to have some income from your investment then you need to choose bitcoin, because bitcoin can even turn double your investment in a very very short period of time.

If I'm gonna choose on both i will pick gold. well besides it has a good attraction and great fashion when you put it as an accessories. its increases its value every year too .that's why buying a gold is the most and primary suggested to put your investment too. because the price of the gold will never decrease because gold is a minerals that can found on our world and having a couple of gold you could sell it on some collectors of item .

Every one knows gold has more value than BTC because mining gold will always be harder than bitcoin.
Many people know nothing about molecular structure of gold, it has 118 neutrons aligned in a way that blocks microwave and radiation, that's why it is used in space industry.
But honestly bitcoin is the gold of crypto and I'd rather have BTC  than gold because I can convert it into fiat more easily.

How did you come up that gold is harder to mine? Bitcoins are quite hard to mine nowadays that you can't even solo mine it with just your PC. You would need specialized equipment to mine bitcoins similar to gold. It doesn't involve digging the ground but it needs a lot of hardware and electricity.

Well if we are talking about digging in gold and mining bitcoin through powerful PC i could say that gold is harder because you need a heavy equiptment to do it and you know that it cost a lot , the land space the contructors and others . But in bitcoin you cost also a lot for building a pc and because of the halving recently it is difficult to mine.

I choose Bitcoin because you can earn by playing faucet. And the price of the Bitcoin keeps rising
But to have gold you have spend money before you have it.

Bitcoin price will pass 1,200$ in this month and it can break the gold price in next some days.
I like to hold bitcoin at this time and maybe in this year. I expect it can hit 2,000$ at the end of year 2017.

the choice is bitcoin. in my country gold is quite difficult to be protected, probably because it is a physical good. unlike bitcoin which we can save without paying some thing to protect it because it is invisible, so it will be difficult to find it (for some people here)

When bitcoin will hit $2000 this year then what it will do in 2018 and why not we plan for keep on holding for ever ?

I believe outnumbering gold price is just the beginning of another era of bitcoin. It is going to scale many other peaks. If you do not want to go out of race, keep holding bitcoins and try to use it instead of selling it.

I think the price of bitcoin will appreciate faster than the gold. So it is better to invest in bitcoin.

that is kind of an obvious statement about bitcoin versus gold!
bitcoin obviously is still new and it needs to be adopted over time and there are lots of people who has not yet found out about bitcoin and adopt it soon.

but at the same time, gold has a more stable price and also doesn't have the risk of bitcoin when its price may go down.

Gold is not useful in the era of information. It will start losing more and more appeal, as new generations learn about bitcoin, they will easily accept bitcoin and couldn't care less about having gold, only low IQ idiots will keep buying gold chains just for aesthetics.

Real usage is on bitcoin.

At this point I would have to say BTC. However, it depends on your strategy. If your looking long hold, I would still stick with gold. However, if you are a day trader, I would say BTC has a better volatility which would allow for better swing positions.

Gold price is still higher than bitcoin.There is something to consider regarding gold and bitcoin prices.There are strong expectations that Fed will rise rates,dollar is rising,so why gold is not going down,usually if dollar rise gold is going down,similar situation was before 2008 crisis

It is possible the bitcoin price will be 50% higher than gold in 6 months.

Yehey I think everyone who are using bitcoin is so happy about it,
I mean they were supporting bitcoin even if the price were still at low .

It's amazing though, the price of bitcoin is keep increasing since last month and exceeded the golds' price. Actually i prefer on gold because many people already know about gold and gold is more popular than bitcoin. But bitcoin's price keep goes up and i think, i will pick bitcoin someday. I'm afraid though, the price of bitcoin will goes down someday.

which certainly bitcoin, because this is a profitable investment, as prices and its market continues to grow, the market bitcoin enthusiasts are now on the increase, this is what makes me keep picking bitcoin

This is the reason why bitcoin is one of the best option doing investment. If you are into short term investment like a few months or even years then bitcoin is the best choice because we can notice the big jump for the price just after a few months of waiting and now it passes the gold price and we are hoping for a little bit more. Skyrocket Bitcoin!

- It proves Bitcoin is a great guy, Bitcoin becoming a top choice for investment. "Bitcoin has now exceeded the gold price", this is something everyone has wanted, a product that can replace gold and paper money in the future. Well, I've heard that in the future, Bitcoin will combine with gold, i don't know it is right or wrong, but if true, it would be great for investors like me. Bitcoin will open up a whole new world, I hope for this too much

Well I still doubt btc can replace gold...
It's just not the same purpose. BTC is useless as fuck when you think about it ^^
While gold still has some real use and value even if limited.

Each investment asset has its pros and cons. So for some people, gold will be the preferred investment and for some,it will be bitcoin. However, in terms of popularity, Gold will definitely win. But on the other hand, if you compare the rate of return bitcoin offer in past one year, Gold investors can't think of it.

So, I believe in keeping a good mix of Gold and bitcoin in your kitty just to be one the safer side. Gold price is somewhat stable and there are less chance of loosing money if you invest in gold. Bitcoin price is very dynamic that, it can offer you the best return as well as it can fetch you losses if you are a short term investors. So it is wise to have both and don't compare.

How can you use gold in physical world apart from considering it as a type of investment? Bitcoin is more awesome since it can be both investment and currency. Many people have heard about Bitcoin and start learning it. Soon, Bitcoin will replace gold with its awesome features and people will ignore gold forever

It may happen, but not soon. Bitcoin is known only to a small percentage of people. Still too early to say that Bitcoin can displace gold

Hard to consider between these two considering how different they are, Regardless. This is a great milestone for BTC and even more amazing when you consider how it was valued in cents few years ago making the rise in gold seems insignificant (the dips in price are not like gold too though, lol)

I do not think that it makes much sense to compare the price of one bitcoin with the price of gold.
Gold is a physical good, while bitcoin is not. They have nothing in common.
The only thing they are similar in is the fact that they both can be a form of investment, where both have their advantages and disadvantages..
But comparing them in price is useless.

hmm... Use as the metal maybe? ::)
chemistry, industry, medicine...
Gold is extremely useful, not just beautiful
And there is also the part about jewelry

And gold already made a coin before and use as currency.. unlike bitcoin that we have coins but we are not using it as currency and we are just collecting it.. bitcoin online will be just good as online currency payment for any services and payment for shopping online..
We are seeing that bitcoin is growing but it will not be physical in the future..

A better way to look at it may be to compare the market cap. It is true that the value of Bitcoin has increased by 1 million times since its inception in 2009 (i.e from $0.001 per coin in 2009, to $1,200 per coin in 2017). But if you look at the market cap, the increase has been from $0 billion to $20 billion. On the other hand, the market cap of gold increased by around $4 trillion during the same period.

It is good to know if so, because bitcoin is more good for investing now unlike gold, because you can really see on how much can earn daily in bitcoin even though it is not stable in price but the fluctuation of the value is really good now, unlike in gold it takes too much time to move on to another step of price increase, but then it is also good to invest in gold because it is an old way of investing material thing. And so better to know how much is the gap of bitcoin to gold.
Anyway, both are different to each other especially their visual matter and on how you spend it.

now been proven right when the bitcoin price will exceed the price of gold, people who invest in bitcoin it will always be profitable because bitcoin prices will always go up every year, and therefore I would still choose to invest his bitcoin

Yes, you are right, it is very difficult to compare these assets. Gold has its own characteristics and its own Bitcoin. In fact, not very important is the fact that the price of Bitcoin has become the same as the price of gold

But it has slide very low and now here we are.
I think it is the same price as silver now. :)

Though we slide down can expect the price to move forward. When it comes to gold we haven't gained trust similar to it. This makes gold as an unique investment and to profit without the risk involved as everything is completely under central authority with a valid backing.

Good observation, I think that market capitalization is a better reflection of the conditions of the currency in the market, as this is what allows to correlate the number of coins in circulation with the price of the asset. If we analyze well, it is possible to realize that there is still a long way to go for Bitcoin.

I guess it means of investment way, bitcoin to gold, they are both material to be invested and big profit in return on that afterwards.
And so it is not impossible this both thing can be compared because both are valuable and the price is not just a simple
joke to start on.

I was wondering why gold always compared into bitcoin? I asked it because they had a lot of differences especially in terms of payments online. And when it comes to volatility it is also different with it too.

Nice question. I think they are being compared because the price of 1 oz of gold and 1 btc is almost the same. And others have said that its like comparing apples to oranges. I think they are being compared in terms of mining because both gold and bitcoin are limited in supply. That's the only comparison that I can think it between gold and bitcoin to my best of my knowledge.

Yes gold and bitcoin are different forms of investment and should not be compared with each other as one is physical and the other is digital and both are the best when it comes to an investment so the right choice would be to invest in both of them.

If this happens continuously, then I prefer the bitcoin compared to gold.
Because the price of bitcoin every day even every time can be changed.

If we are talking about the possibility to make a good amount of money then this is a no contest bitcoin is the only viable choice, gold is great if you are already comfortable with the amount of money you have and you want to protect against inflation, but if you want to earn money bitcoin is the right choice.

It is not true in my opinion, you may compare bitcoin to gold because if such an asset is so expensive, i think that you can just say "bitcoin is a digital gold".
After all, it is not the right choice to invest in both, bitcoin and gold. It is still only up to an investor or trader, because going with money into any of these assets is dependant on the play style of the particular user.

For example, if someone is a good day-trader, and is capable of earning decent money on a small fluctuations, then bitcoin is a very good choice for such a person.
But if someone is looking for an asset with reduced risk, which is rather long-term and the one with the price constantly rising: then a gold is a better idea.

I dont think you can say that any one of these is better, both are simply great for investing purposes!

This is the topic that created since the first ATH and we all know that the first ATH was already surpassed again by another one and that is a great news for bitcoin and for those investors or holders because they can expect more pumps in the price and it can be doubled by the end of the year which will make the gold price left in the dust.

Who are we fooling here? I mean it come on please, we all know that gold is much more valuable and better than not only bitcoin but every other currency, assets, commodity etc.
Though bitcoin could be considered better than gold in some other ways such as being completely digital.
Being able to move it/transfer it at any given time across the globe and very much cheaper.
Gold is much more stable with steady growth and very hard to earn something good from it while bitcoin has these fluctuations which makes it ideal for daily trading and earning a few grands easily if you got the balls to risk your money and if you have the money in the first place.
Also gold doesn't have people like Jihan Wu and Roger Ver and that is something I am willing to be involved with more than bitcoin lol.

In temrs of value, profits and business bitcoin is always best than gold. In terms of daily usage gold is fat away from comparison with bitcoin. Bitcoin has its own advantages while gold os having its own. It is all about perspective pf each and every person using the gold and bitcoin in their own way. Bitcoin might have exeeded the market value of gold but gols still stands with stubborn attitude in the world as popular one. Some day it might happen that bitcoin is way bigger than gold in every aspect. However, is just about everyones peespective.  :D

The problem I see here is that bitcoin is still not as widely accepted as gold. But if you analyze both assets, you will see that bitcoins have quite a lot more uses than gold. As gold can only be used for jewelries and some other minor things. But bitcoins has evolved to be an effective currency that can easily be transferred from person to person.

bitcoin is always an best choose for the long term investment. It was already decided by many bitcoiners when bitcoin price started its competition with gold. right now its scale is further most ahead and unto the end of 2017 the price can reach 2000$ as said by some popular elite members of trading group.We sure should buy some bitcoins as they are really going to the moon

The price is possible and competes with gold, but bitcoin is not a stable currency and investments for a longer period are more dangerous than gold.

I totally agree with your premise even though bitcoins is going higher and higher, at the end its a currency and when maybe the market of the world economy tanks, its going to be affected as well. Gold on the other hand is very stable and to me is the best option for long term investment.

Gold is safe investment, and in long term your money won't lose value, maybe you will accumulate some profit. With bitcoins risk is higher, but in long term bitcoin can bring huge profit. That is old story, if you are rich and you nerd to choose safe place to keep that fortune gold is good choice, but if your goal is to get rich in the future bitcoin is much better choice. Rich people have advantage here, they can save their money in gold, but they also can spend some money on bitcoins and wait them to grow.

It is not dangerous, the investment through bitcoin has increased risk than investment through gold because of the volatility as well the growth experiencd in a very short time period. Several times it has gone beyond the price of a single ounce of gold but haven't stayed for a long. This time too it has crossed the value and can expect to be staying for a longer time period.

In the event of war, when the Internet is disconnected, bitcoin will lose all its value, and gold will remain gold. Therefore, it is still more profitable to invest in it.

If we will see some kind of global conflict in the future then your best investment in that case should be food rations, water and armored shelter.

Not gold, other precious metals or stones, fiat money or any kind of cryptocurrency. Realistically lack of internet will take you back to the Stone Age.

If you are worried that war is serious eventuality then Bitcoin is not for you, so pile up your gold bars and wait in your shelter for Armageddon.

Exactly.

When the shit hits the fan, it is gold that everybody's gonna want to have. Not 1's and 0's, not papers, not credit cards, not bonds. But GOLD.

We are in a bull run with crypto now, the good old "everything is awesome" phase. Everybody's making money even the dumbest dude. The balloon keeps taking in air because there are much more FIAT printed which shouldn't have existed. Those FIAT are looking for an exit. They are creating bubbles. They did it with Bitcoin, they did it with SNAP, Angry birds and so on.

If they keep printing money like that we will end up like the people in this movie: "Idiocracy (http://www.imdb.com/title/tt0387808/)"

IMO it's wise enough to convert bitcoin into gold if major disaster happen espcially bitcoin reach another high value at the moment $ 1.400 ( preev)
I'm usually invest on bitcoin from my main salary and spend about 10% and when I sell my bitcoin , I'm bought gold and/ dollar for another investment

I would buy gold better with my bitcoins because gold is constant and is a material thing. Bitcoin can drop

I agree. But for quick income you can use bitcoin, because its price can rise much faster than gold.

That is good,from bitcoin, you invest gold. Two good investments where you can grow your assets more. Gold is stable and even if you lose, you can mint your gold into something valuable. Bitcoin on the other hand seems continue to grow, good news to all bitcoin holder.

At the moment, these two investments are the most popular and very profitable. I keep money in gold and in bitcoin, it's very promising and helps to protect myself from losing money.

Gold may not have people like that but it has even bigger bullies in the form of governments  and banks with absurd amounts of gold, so while gold seems to be better as a store of value and it is  you must not forget there are also groups of people that can manipulate the price as they see fit.

The investors of gold are higher then bitcoins as bitcoin is not known to many people yet so they prefer to invest in gold but people who knows bitcoin very well will always prefer to invest their money in both of them.

But if a person can only pick one because of his budget. I'm sure he will get bitcoin instead of gold because he will get decent profits within a year or so. In that way he can now buy gold while keeping his bitcoin capital .

I don't think we will go back to stone age just because of internet loss, The authorities won't allow internet to disappear unless they have something better . If ever it comes true . We don't have the same mindset like the people from stone age . Humanity is always growing and it won't grow in reverse .

There are some potential disasters that could make the internet disappear and no government will have the ability to do anything about it, also while we may have more knowledge than in those times people are not used to live like at that time, so many will not be able to make it.

Different markets and different hedges, Literally feel like they're somewhat opposed as far as growth goes, so why not hold a little of both, and more of the one you think that will bring returns.



 

if you can hold both why not play safe is better but and I think bitcoin gives more advantages than gold because many bitcoin features are advantageous for holders what else now bitcoin has very high value.

Bitcoin already did this and bitcoin price is now being stabled at above the gold price and soon it will go up to the double price of a piece of gold. It is best if we continue to hold our bitcoins and treat it as a gold so we can hold it for long term and get at least a triple profit because nothing can beat patience because it is all worth it.

Holding both is good if you have the economic means to do it but for most people in the forum you need to choose one so you can concentrate your effort in one, either bitcoin or gold, and since this is a forum about bitcoin I think we know what will be the choice of most of the people here.

although it is trading above the gold, but i do not think that it is as table we Gold is. in fact no one know that what is going to happen with bitcoin either its price will increase more and more or its price will once again fell down below the price of Gold, we can only hope that the price of bitcoin will continue increase and is not going to fell down anymore.

Bitcoin gives feel of not confidence. It's just appeared on the world market, if to compare with gold. Bitcoin CAN give many financial possibilities, as well in one moment it just can be banned or someone can hack your wallet. With gold such risks are much lower, so I would chose gold for investment.

Bitcoin always, price will be trending up!

Bitcoin does not need to be stable to be regarded as the greatest investment of the century,gold is being traded around for centuries and you really cannot compare with bitcoin which is really a new technology and only time will tell how it can match against gold,but the price of bitcoin edges higher than gold which is a good thing for the investors.

Yes the price of bitcoin is trending up because of the good news and also those surpassed gold price record that has been done by bitcoin and i think bitcoin will always go up to its price and that is how it will become popular and soon we will see the price of one bitcoin to reach at least times 3 of the gold price.

Exactly,why not play safe if u can have both then have it. Bitcoin can really give you a good profit though we do not know until when or how long will it reach. Then to have gold makes you feel secure of having a long time investment but gold price wont go up fastly as compare to bitcoins. If y you want quick profit and have courage to take some risk i will prefer that you should invest in bitcoins.

Bitcoin is far less valuable than sugar. 

A Ton of sugar currently sells for $60,000. So bitcoin is no where near the price of sugar. If you are wondering I used a ton of sugar for my calculation, then I would ask... why you are using an ounce of gold for yours?  Compared to what? An ounce of bitcoin?

Gold is older but it is precisely because of that that the earnings are not as fast, since bitcoin is still in its development stages then the chance of profiting it from it are way greater, and when it comes to investing the most important factor is the risk vs reward ratio and I think that is in favor of bitcoin.

That's a good news, day by day Bitcoin is getting bigger and powerful in the monetary term, to become a global currency it should focus on its quality enhancement and assurance of stability of price.
I think, in this way, Bitcoin will dominate in the monetary sector and will become a global currency in future.

The price of BItcoin has outstripped the price of gold, suggesting that Bitcoin is developing very strongly and its potential is enormous. At the present time, investing in Bitcoin is clearly beneficial because its value is very high and is expected to increase further. Moreover, Bitcoin can also earn, it is also considered a real currency rather than virtual currency. But gold is a traditional investment, it has a long history, although its price is lower than BItcoin but it is quite stable. In addition to investing gold can be used as jewelry, many investors are still choosing gold. I think that both gold and Bitcoin are good, have their own values

well not really dominate but will be highly relevant in the near future I think. this price hike is just an indication of what bitcoin can offer to society who has access to it and I think more and more people realize that hence the surge in demand and the price. gold will be gold whatever happens but surely it is bitcoin's time now

Hopes that people laid on bitcoin is very high. Now we have a situation when demand for bitcoin is fueled by the expectation of growth of its price. The scarcity of bitcoins will gradually decline and sooner or later it will lead to a drop in its price. Gold seems to me more pragmatic, but at the moment gold is at maximum and I doubt that the price will grow.

At the rate at which people are taking part in bitcoin. I believe that bitcoin will exceed gold during gold time.

The current condition of bitcoin has a price of around $ 3200, gold price is much cheaper around $1200 (XAU-USD), there is the possibility of bitcoin prices will still increase the selling price.

To be honest at the moment I am also a bit confused with the choice because as we all know bitcoin is a digital product, very vulnerable to maintain the digital asset product.

Currently I only allocate my money to the world of crypto assets about 30% of my income. In hopes the price will increase, but I can not allocate 40-80% of my income cryake asset because I can not use crypto as payment.

If payments using bitcoin are already accepted everywhere, I will allocate my earnings about 70%

Don’t worry; soon the bitcoins are going to legal around the globe leaving people in great joy. I also think that acceptance of bitcoins as payments by local retailers will increase the interest in the bitcoins leading to more investments. I appreciate your belief in bitcoins and wish you great future with bitcoins.

That is yet to be seen. Bitcoins could even be banned by all countries for all we know. It is indeed the future, but what is futuristic is the idea of bitcoins and bitcoins itself can be replaced by something else like governments creating their own cryptocurrency that would replace their fiat currency so that they would get rid of paper money. That could be the next big thing for all we know.

I would chose bitcoin only since gold investment is almost idle when compared to bitcoin investment which could give huge returns.Bitcoins could be easily transferred from one place to other place all over the world but gold could not be done like that.We cold store bitcoins just in our wallets with private keys kept safely but gold could not be easily saved.

For now the bitcoin price exceeds the price of gold, the price is very remarkable for bitcoin, but in my opinion even though bitcoin price exceeds gold price, sometimes bitcoin price is unstable while gold price keeps stable so even though bitcoin price goes beyond gold. , I prefer Invest for gold ..
 what do you think?

agree.. something like that could happen. i assume that the government wont set aside this matters, and to think that it already exceeds the price of gold, someday the government will take action i guess, and then next thing its either they will accept or ban it depending on the situation, or maybe you are right they will make their own version of crypto to upgrade the fiats the we are currently using.

I would like to thank you for sharing your precious opinion. The explanation you have given is pretty correct and what I have inferred from this is that whether bitcoins are in dumping phase or pumping, we should not give up on them especially dur9ng hard times of bitcoins, otherwise all profit will go to whales.

Bitcoin is more attractive than gold to investors even before the SEC cast its vote on the ETF. It is evident the era of digital assets is upon us, and bitcoin will play a prominent role in the process. All eyes are on the cryptocurrency world right now, even though no one knows for sure where the price chart will be heading next. These are exciting times for the bitcoin community, that much is certain. It appears the bitcoin price continues its bullish path which started during the second half of 2016. Although there have been a few stumbles along the way, bitcoin continues to set higher prices every month. It is evident other traditional assets have a problem keeping up with the bitcoin trend right now. Gold has been stumbling a bit as well, even though it will always have a specific appeal to investors worldwide.

This is much true it worth more than gold in previous days and then it dump and now gaining it position back and it will be good to see it back at its position and will give a lot of profit to the investors and any of businessmen are getting into crypto so that they can earn more,

I still choose both, because gold and bitcoin have their respective advantages. gold and bitcoin are the same I use as my investment. and I also like gold and bitcoin.

Yeah that is true. I can say that is one of the reason why many people are now preferring bitcoin than gold. I can say that the bitcoin will become more valuable in the future and many investors will come in the cryptocurrency world.

If we are going to compare the price of bitcoin and gold in terms of development and growth we could actually see that bitcoin experience a big development and growth in terms of its price within a short period of years and time. And we all know that bitcoin also suffers on the ups and downs on the market industry which make it as a better crypto-currency that we could ever compare before. So the thing is we could assure that what ever bitcoin give us, we could assure its development and growth in the future.

It appears the bitcoin price continues its bullish path which started during the second half of 2016. Although there have been a few stumbles along the way, bitcoin continues to set higher prices every month. It is evident other traditional assets have a problem keeping up with the bitcoin trend right now. Gold has been stumbling a bit as well, even though it will always have a specific appeal to investors worldwide. While this heavy resistance is trying to disrupt bitcoin’s price gains, one thing has become obvious. Bitcoin is currently more valuable than one ounce of gold. Although this may seem like a silly comparison to financial experts, it goes to show there is a legitimate demand for bitcoin, whereas interest in gold continues to wane as time progresses. It is not impossible the gold price will show some bullish signs along the way as well, although all eyes are on bitcoin for the time being.

Yes bitcoin totally soars high and if i'm given a chance to select, I prefer both because bitcoin could rise up in a short span of time and it also falls down rapidly, whereas Gold has already historical background of its stability and durability, From the earliest civilization until present Gold still very consistent of its value and whenever i go, Gold are already recognized globally and widely used by people, Bitcoin had limited areas to access, not all locations are reached by internet connections.

The earning of the bitcoin is very easy now and it is the right time to make it easy. The price of the bitcoin will grow definitely. Bitcoin currency is making the whole world earn money not only mine. The price of the bitcoin is increasing with the increase of the people who are using bitcoin. Currency of the bitcoin wills the future of earning.

Bitcoins price is great investment compared to gold as gold has stable market which are good for people who think for long term investment but bitcoins has volatile nature which are good for both long and short term investment thus has attracted many users and investors.Bitcoins will rise even more as it is getting popular and it's demand is increasing.

Related to this topic, how it should have seen the California Gold Rush but changing the gold with bitcoin?? We have miners, speculation, investors and so on... but still, bitcoin it seems to be a bit more shiny than the gold pepita.

It really doesn't matter whether or not Bitcoin has a high price than gold, because both have their own niches they fill and neither of them have any characteristics (when it comes to value control) that they perform equally. Gold is a great tangible source of wealth storage and will likely retain a majority of its value for a long time, especially considering it can be used in manufacturing. Bitcoin is a great speculative asset, and has very high value because everyone can invest in it in some capacity.

I belive to invest  to bitcoin and i belive bitcoin price will be higher in the future and i think Gold will not let me make more money if i invest to it more than bitcoin , I think bitcoin is true choose for to make more money because of,  i will stay in bitcoin and i will invest to bitcoin .

Indeed, I do not see any market can has a ratio high speculative as Bitcoin and it happens very fast. Especial is the ICO market, a promising project can made a raised funds with million dollars easy in few hours, example KIN ICO recently.

A splendid record broken by bitcoin, maybe this will open people's eyes who don't use bitcoin and accuse utter bull shit about bitcoin. For some reason I am not a very big fan of gold and I choose bitcoin any day compared to gold.  People buy gold to show off most of the time and I feel that gold is overrated. Whereas it's not the same case when it comes to bitcoin and bitcoin can give me more profit than gold I believe.

This is been the case for a long, long time. It surpassed gold prices back in 2014, I believe. And gold is not even $2,000/ounce right now. hahaha!

Bitcoin is technically just a number of units of Satoshi that we arbitrarily call "a Bitcoin". In reality, any amount of Bitcoin is Bitcoin.

There is no doubt that bitcoin have successfully beaten gold and the biggest investors of the gold industry are switching to bitcoin which is helping bitcoin a lot in the development of bitcoin market around the globe. I don’t thinks o there is anymore any comparison of bitcoin and gold. People are now not using gold anymore for saving their wealth.

Bitcoin is the gold of the 21st century. Investment wise it is probably a good idea to invest heavily into bitcoin as it is a very profitable market just now however gold is physical and still stands to be a relatively strong investment.

such a mean to comparing bitcoin with gold. there is no camparision of both are different from each other and in the term of investment purpose bitcoin is way better than gold and you can see the grown of it last year and you can compare the growth of both and see the difference by their own. the difference is just that gold will be seen physically but bitcoin is not.

Bitcoin is growing damn faster now a day and there is no doubt in this fact that bitcoin is going to be the future currency of the world. People are even leaving their day jobs for bitcoin because bitcoin is giving them more chances of earning money that too just by sitting t home. Bitcoin is the legend of digital currencies and it has successfully beaten gold.

You are Obviously  Right.Many start to quite their their job to get more bitcoin by doing Bitcoin related things to earn more dollars.Such as Trading of bitcoin when the price is high and Mining.Now itself the price of bitcoin is greater than the value of Gold.You may check the price of 4 grams of gold to 1 BTC.By this you will know the Answer.

Bitcoin has gone far ahead of gold as an investment tool due to its unique advantages. When we buy gold, we have to make additional arrangements for its safety like safe, bank locker etc. As bitcoin comes in a secured digital form  no additional security is required. There is always a chance of getting cheated from the seller of gold. In bitcoin trade both buyer & sellers are verified and secured. Gold prices get fluctuated by external factors like dollar prices or by any bad international event. Bitcoins are far less volatile as compaired. Still people believe in traditional ways of investments. It will be much wise to invest in these both modes.

Yes the bitcoin is growing faster as compare to the other investments. The value and the price of the bitcoin grows with the investing and the power and the price increasing, in a lot of the countries people are now investing in the bitcoin only and they left the gold and the other investment for the sake of the bitcoin only. It is easy to keep for the long time because of the bitcoin wallets while the gold is not easy to hold safely for the long time.

along with that I will also add that it is the initial stage of bitcoin and there is a large part of the world in which people have not yet adopted it so you think if bitcoin reached to these people and they all start to work and adopt bitcoin for their businesses then the price of bitcoin will increase much more than the current price. The current investors will be much more rich with their stored bitcoin.

Yes, we can argue about the importance of bitcoin over gold due to its cheaper pricing and bigger savings and all. But we always have to consider that gold is better long term as its value does not depreciate and if the internet shuts down it can be still used.

Isnt there a lot more paper gold than actual gold tho?

I agree, gold is really a hot item so when you have this then you should be worry with your life.
Yeah it's tangible and many want to touch and see their investment but the thing is having this requires a lot of safeties and security as mentioned above. That unlike bitcoin, nobody knows if you hold some and how many do you have. Its anonymity makes everyone get attracted to invest and its increasing value makes everyone giggles.

Sure price of bitcoin now going sky rocket above and higher than gold, bitcoin price influence by market demand of bitcoin by the way bitcoin stock was limited so when market demand going high than price bitcoin will follow demmand of bitcoin.

Gold was the old mode to get high profits but the new way to earn faster is the mighty bitcoin it left behind all the investment who were well known of making money, gold prices are at stable point now but bitcoin gradually increases upward this attract the gold investor also toward itself and many of people who were doing gold business are now in bitcoins,

No need to wait till the next few days or today because in the past days before price of one coin already more than gold price. But there is still thing, we never know and that is how long this going to be stable? Or may be is this going to be stable? But for gold price, it has been stable long time ago and still many of them still investing on gold too

I prefer bitcoin rather than gold, because the price is very expensive. now people are familiar with bitcoin and used for income sources.

If this really it is now then it is a good news for all of us. This is a good indication for a brighter and better future of bitcoin. We just need to believe more in bitcoin and continuously work together since this is a win-win relationship for us all. Hoping for the continuos enlargement of this community.

I think bitcoin will hit 50 or 60 000 dollars, its very possible !

When it comes to gaining profit, most of us will be preferable for bitcoin. Gold is considered as very valuable thing before, but when bitcoin exsist- I can say its the end of gold era. Is just a choice of everyone that make bitcoin become valuable today. Because of it's volatility character makes people to choice bitcoin as they're big chances of earning high compared to gold.

Yes you are right, the price of bitcoin is now very high and most of the people cannot buy even a single bitcoin. On the other hand most of the people and I think everyone has some gold because the price of gold is not too high. Although many people do not have such financial position to buy gold but they have bought gold in a very little quantity. The price of bitcoin is far beyond than the price of gold but the value of gold is far beyond than bitcoin.

Yeah your right. As of now bitcoin price value is much higher than gold price but to the extend what you choose between bitcoin or gold I think they are both good asset. This two have a different value and features and used. If you choose bitcoin now it's a good investment because the value of it is contentiously going high. I the future you will gain a high profit when you invest now in bitcoin. Bitcoin has many used and feature  the typically used of it is in virtual transaction.

Yes I agree with you. You can easily earn bitcoin just by playing faucet or by joining signature campaigns. You can have bitcoins even if you don't invest on it. Plus, you can easily make online transactions using bitcoin. You can easily buy things or services. You can't do that with gold. That's why I too am choosing bitcoin over gold.

I agree bitcoin is really far behind of gold nowadays, because it's price has been doubling up it's value two months ago. The predictions is getting into reality and I believed that this will not turn worthless even if those new investors came lately, there is still hope for them. So its recommended for them to wait until such time price value will be possible of gaining bigger profit, and never get be panic no matter what signs of price decrease might spike. Fluctuations is normally happening and we cannot prevent that to happen, all we need is to be calm and develop enough patience.

bitcoin is currently a lot of enthusiasts and bitcoin can be used as an investment other than gold for the short term, from there I see bitcoin exceeds the current price

I will also choose bitcoin rather than gold. The bitcoin is so very profitable and it seems that holding bitcoin can make more money than holding gold and also the value of the bitcoin is rapidly increasing than gold.

Yes it has and it seems like it will continue to increase its price by the end of the year. But even though bitcoin has gone way beyond what we thought it could reach, its price or value is still very volatile, and that is the biggest advantage of gold which has a very stable value or price.

Always a bitcoin, its price will grow and grow, and the farther the future the earnings will be even greater and the opportunities associated with it will also increase on a global scale.

The possibility is always there but you wont see those valuation any time soon,to get to those valuation can you imagine the trillions of funds to be pumped into bitcoin,it will take a very long time to see those valuation ,is it better than gold,if you are looking at the intrinsic value then gold is a safe investment but if you are looking for a greater profit then bitcoin is the best place.

As its price continuously increasing, no wonder that most investors will swift into bitcoin. Of course, it is a realization for them that bitcoin nowadays is profitable as compared in the other form of investment.

Actually this is not just an ordinary happening to bitcoin because most of us are believing bitcoin's potentiality to be on top and having capabilities to compete other's in the market place.

I must say that the market prices of bitcoin has not gone far beyond than that of gold in the near past but bitcoin had defeated gold some three years ago. At the very present moment, if we make a comparison in between the market prices of bitcoin and that of gold, then we’ll find a very much significant difference in the market prices of both the things. It is bitcoin which is at the top.

Well it all depends what you want to do. So for example, if you want saving from which you can take part and spend it from time to time, than Bitcoin is go to. If you want your money to be secured, well in that way gold is beating Bitcoin. It has a lot stable price and value than Bitcoin. But Bitcoin has more things that makes it better in some ways. Holding Bitcoins has proved sometime even better than holding gold, because of fluctuation in price. Some people had even made money out of nothing but holding Bitcoins. At the end as I said, it all depends what you want.

well bitcoin really not gone beyond gold price .because  today it is in vice versa today gold gone beyond the bitcoin rising price .and many people now adays is really more interesting than gold .because bitcoin is really profitable than gold .if we are going to make a profit on bitcoin it is verry quick because bitcoin can gain with a small capital while in gold you need a big capital because it is always in a high price.

There are a lot of speculations that bitcoin will increase its value for the next years. I work on bounty campaigns to earn more coins and hold it till the enormous increase of bitcoin value comes out.

This just clearly shows how bitcoin can have a huge effect on our financial world in the near future. It has overtaken gold in both values and in popularity aspects. We will just have to believe more in bitcoin. It has reached new heights in prices that we are just speculating it from way before that it would reach this certain value.

You are right the value and the bitcoin price is now being the world famous and all the people are aware of the bitcoin income, I use it as the signature campaign and all the people who are my friends are now asking me about the bitcoin and I am earning the huge profit from the bitcoin the present time and I goes in the future it will increase more and more.

That's absolutely true. The market value of Bitcoin is now way larger than the price of gold in the market and is still continuously increasing. Choice? I think Bitcoin now is a better choice in terms of an investment. It is inde3d volatile but is now highly stable as its value become more expensive. The profit is assured if you will invest to bitcoin as your investment go along with the increase of its value which is now more than 6000$.

Still, we are comparing the values of two giants which belong to completely different areas.
Bitcoin is a digital token (not a currency in my views) that helps to securely, safely and speedily transact our money from one end to the other without the interference of any third party (except blockchain) and that's why it is being appreciated by everyone whereas Gold, that used to be the most traditional investment of all time will still remain in the game always because it is physically available and under specific concerns, remains the first choice of every investor yet. But I believe Bitcoin won't be taking several hundreds of years to surpass Gold's total market cap.

:D lol, Bitcoin is magical, 24 hours ready for sale, and withdrawal is easy,
I prefer Bitcoin than Gold, fast, cheap and easy transaction ... ;)

Yes, we can't really compare the two. Both have similarities though, but we all know that the other is very much different. And I believed that both of them have its places in terms of investment. If you are old school then I think you are more of a gold person, however, bitcoin is the new wave of investment and store of value. Although who will hear a lot that some gold enthusiast are moving to bitcoin now because of this advantage.

So I guess its really up to the individual on which is better for him, the old reliable-Gold or the new technology - Bitcoin.

The value of gold has been surpassed long back, but this hasn't gained the same trust as gold holds. This is all because of the increased market capital as well the commodity backing of the asset. Maybe later this will change when more of the people realize the need of a digital growth to fulfill the requirements of life.

The choice still yours to decide on, but I really don't get the point why people here in the forum will compare Bitcoin to Gold because Gold if a rare earth metal and not some kind of Cryptocurrency which they released an ICO with. Obviously Bitcoin has passed Gold a very long time a go but they are in no competition whatsoever. If you really want to profit more and risk your money then Bitcoin is the right choice for you.

Well in terms of accessibility, it cannot be debated that bitcoin is easier to get than gold. However, gold, I think, would still be the wiser choice because of its acceptability in the market place. I mean gold is a prime commodity that is not so affected by market trends because its value keeps on increasing, although, these days, not as exponential as bitcoins, it still in a good track. However, it's not bad to delve into the bitcoin market while it's hot, and having both gold and bitcoin as a reserve stock would never be a bad choice.

What you are telling is true, still their are 80%+ peoples who dont know about bitcoin so if you want to sell then you have to go for online exchanges to buy or sell but if you have gold investment even in midnight if you go to your friend and ask loan in against of gold, he will be ready to give you. It will take time for bitcoin to get status of gold but bitcoin is more good as investment option.

bitcoin at this time is already rivaling the price of gold, so to my knowledge bitcoin can be as a means of investment right than others.

I totally agree with you that gold is a prime commodity and the price of gold keeps increasing it has no risk of losing its value,but i think bitcoin is the best because it is giving us the high returns than the gold do,then you said acceptability of gold,but bitcoin also started to accept in many places many countries are started to legalize it.In future the bitcoin will be used by everyone like gold but the value of bitcoin will be way higher than gold at that time so be a smart person on where you are investing.

To stay in a safe side, its better to have both. Part of your investment is in gold and the other is in  Bitcoin. It will balance out the risky world of cryptos and a safe investment like gold.

Yes that’s right and the users of bitcoin bring this revolutionary changes that ts prices has gone high at this level that gold investors are also thinking to invest into this coin and believe me this coin blesses everyone, everyone can get this coin one can buy it one can earn it t is easy to manage and also has neutral behavior for everyone but gold is only confined to rich people who has mass to buy it but bitcoin is not.

Bitcoin has capability to give more than gold and that’s the main reason that people left gold for sake of money making, bitcoin also give easy to use investment as money but in gold this thing is impossible and more of it gold has stable prices but bitcoin prices are rising day by day and that’s true it has diverted the mind of gold industry toward itself to come and invest into it because this generate many times than gold.

Well, that is possible at the rate bitcoin is going and who knows what it is going to be like in just a few years from this time. We started with a little bit lower than a thousand dollar at the beginning of this year and then we already have it at close to $8000 just in how many months. There are so many possibilities with bitcoin as the adoption keeps increasing and that is a value that can easily be passed in the long run.

LOL. Well, that is human nature for you. We flock towards the preferable things or a much more better option faster than you can imagine. Who would not? Sure, gold still remains valuable and it has been a huge asset from the onset, but considering the amount of profit you get and the value that bitcoin gives to people, no one would not want to invest in it.

I would choose gold since its value has always been maintained and appreciates in value and you can actually get a hold of it.

yeah and that is one of the reason why should we support bitcoin further more, Because of its value that is keep on increasing through out the year. Lets wait till it reach $10k in the next few months.

People of the current era believe in fast earning and this opportunity provides only bitcoin. Actually, bitcoin and gold are in race being an asset of the world but bitcoin price has gone so much high than gold that’s why now people taking interest in bitcoin instead of gold and prefer bitcoin for holding being a future asset.

Due to extreme people’s interest the price of bitcoin is growing day by day and gold loss his value in this race. It is reality that both are assets of the future but bitcoin is much valuable.

That is why many people still trusting gold rather bitcoin, and bitcoin is lack of stability, it's more volatile than gold, that's why some investors prefer gold over bitcoin. Although the volatility of the bitcoin is decreasing every year and at 2016 almost as volatile as oil, I believe the bitcoin prices will stabilize when everyone is already well-understood bitcoin as financial assets, so when that happens, bitcoin can compete for gold for stability.

I would probably choose the bitcoin since i already know the capabilities of it as the time pass by and it's easy to sell even in the middle of the night. I cannot deny the fact that gold value increases just like bitcoin which proved a lot of progress. Since i am using gadgets with internet, bitcoin is the best .

It not only has gone beyond gold price but Bitcoin itself is right now more valuable than Visa (The credit card company)
Great days are awaiting bitcoin users, as the price is about to reach is story best mark over 10.000$ USD @current preev rate.

You are right buddy as we all know what benefits that bitcoin will gives us. And also we know that it is more faster to earn money especially if you want to earn big time. Bitcoin is pretty much more better than gold now a days.

Yes bitcoin become more interesting and valuable than other because it can give a good profit in a short period of time and also it increases it's price that other can't do.

Yes Bitcoin had already exceeded the price of gold and i believe that it's price will become higher in the future it can also encash 24 hours if we need money while gold can be transact only at daytime

I would say yes, bitcoin has exceeded gold's value. Bitcoin is now more expensive compared to gold if we are talking about even one gold bar. Plus the fact that the price of bitcoin is increasing everymonth, with a projected market cap of 100k usd, then for sure in terms of growth and value bitcoin exceeds gold.

That is one of the things that made bitcoin so much better than anything else because it gives you a lot of opportunity on how you'll use your money. It only shows that bitcoin has more potential than the other because a lot of people is engaging in bitcoin that is why the demand is going up which results to a higher value for bitcoin.

Bitcoin is technically just a number of units of Satoshi that we arbitrarily call "a Bitcoin". In reality, any amount of Bitcoin is Bitcoin

This is why it makes it special among others when it comes into investment side which bitcoin can really give how many folds of possible profits when the price do hits up on certain ranges.Since this thread is almost a year old and price of bitcoin as of now is already 10k which is x more than on the amount of gold if we do try to compare them but well no matter which thing we do these both things are really good for long term.

it is true the benefits of bitcoin is to make transactions easily, for example when wanting to send money abroad, we can do it ourselves at home and do not need a third party to do it. for now I prefer bitcoin than gold.

Indeed its actual that bitcoin have crossed cost of gold and still the cost of bitcoin is expanding and in future the rate will be twofold or triple as contrast with introduce rate all the more most likely and that is additionally the reason that bitcoin is more superior to gold.

Yes its true that bitcoin have crossed price of gold and still the price of bitcoin is increasing and in future the rate will be double or triple as compare to present rate more probably and that is also the reason that bitcoin is more better than gold.

It's not impossible with bitcoin to go beyond gold prices because many people are already patronizing it including the investors who has a big part in making the bitcoin well known.

The bitcoin had a really successful year in 2017 the value of bitcoin grown from $1,000 to up $20,000 within only 12 months. The bitcoin was very successful last year because they were so many bitcoin hard forks and bitcoin futures by major trading options around the world. e.g. CME and CBOE bitcoin futures. 

Yes i agree on that the people around may not i dentify the advantages of investing bitcoin than the said gold if we are goin to compair the prices maybe the gold is more valuatble and has a big price than bitcoin but that was also the main reason why gold is too risky to be invested because we really need to have  more capital on investing to it because its price is almost stable.

actually gold with bitcoin are both investments that can be profitable, but here bitcoin easier to make transactions anytime and anywhere, for gold is not so, we must go to the gold shop used to do the transaction. and If we look at function, system and second price. Of course bitcoin is the choice.
Gold is more stable and a good long term investment with stable income.

I guess both are comparable and valuable. Bitcoin price exceeds beyond gold price because bitcoin is more popular than gold as todays. Much reliable is bitcoin than gold.

Bitcoin!My choice was always bitcoin.Until now,I prefer bitcoin than gold.Yeah,bitcoin's price has exceeded the price of gold.It is one of the reasons why I'll choose bitcoin.But,there are so many other reasons.One of them is,bitcoin is easy to earn.We can get huge profits only by buying some bitcoin and holding them.Again it is a currency,digital currency where we can invest and get profit.On the other side,investing in gold is risky.Because it's price remains quite stable.

Again,we can transact bitcoin anywhere anytime.So,bitcoin has made easier transaction.We don't need any help of third parties. So,as bitcoin give us financial freedom,which cannot be done by gold,bitcoin is better.

I will be going for ripples and other cryptoz but not bitcoins

Though it is true even though I would go for the gold because its a reliable no volatile assest

Bitcoins are easy to earn than gold. they are much available and so I choose btcs

Currently Bitcoin can give you higher returns. I doubt a lot of us have millions to invest and trade with Gold so Crypto is the obvious choice here.

It's true that bitcoin has surpassed the current price of gold even though bitcoin and gold are equally valuable, but I chose both because with bitcoin I can buy gold and with gold I can increase the investment in the precious metal and both are the same for investment so it's not wrong if you want to choose both

Its not the price that matters but the market cap. Gold's market cap is in trillions of dollars while Bitcoin's is in billions. Thats a big difference. Yes eventually Bitcoin will surpass Gold but till then you can't compare them based on its price.

You know btcs have no future and no reliablity. Yes gold is hard to earn but it worth its hardwork

the gold price is very stable in recent years make gold is suitable to be used as a saving not as an investment,
and Bitcoin is suitable in made as an investment rather than savings

For me, ive rather to choose bitcoin than gold because bitcoin is easy to earn than gold. It is more profitable. If we want to earn bitcoin, we can do by free by playing faucet but for gold, we need to buy it. And also bitcoin is not that much expensive that we cant be able to buy, but gold we can easily afford it. We can buy bitcoin in a low price and sell it in a high price so that we can earn money through it.

Bitcoin is much more better than gold considering the raise of its price in a short period of time wherein gold could never achieve. Though investment in gold is good and legal but if yourr going to examine the raising of its price compared to bitcoin has a big gap which means bitcoin do more than gold. And given the chance to chose.where to invest then I prefer bitcoin. Easy money since you just have to buy bitcoin and then hold it in a short period of time just like 1 year then trade and earn with bigger profit. But earning in bitcoin also requires the basic knowledge in buying, trading and holding thr bitcoin. You should not buy bitcoin when then price is high. The price of bitcoin now from the price of it with past months had got a big difference already from 6k usd to 10k usd for now and it will raise its price just like what happen last year in the late month of december that reaches 19k usd.

Yes in fact it was a good decision to choose both bitcoin and gold since  it has different usage and value even they are the same currency. Bitcoin really surpassed gold but that doesnt mean that all in all bitcoin was again because that truth was not. Maybe in price yes but in some aspect still gold is much better.

Gold has a very stable price and it can be consider as good for saving purposes, those people who want to hold their money in a safer mood they should try to buy gold, but we have to accept the fact that there are also more chances that some one can steel our gold from us, so it will need a permanent security, while trading crytpo is the best option for investment, where we have both the chances to make money or even lose our own investment.

Nowadays, as we can see bitcoin is growing faster and there is no doubt in this fact that bitcoin more valuable than gold. Some people are even leaving their daily jobs for bitcoin because bitcoin is giving them more chances of earning money. Bitcoin is the king of all digital currencies and thats why bitcoin is much better than gold.

Yes that's true bitcoin's price like a gold has gone but even that happened I will choose again and again bitcoin because it really helps me a lot than gold only those rich one can take it but for people like it is hard and I don't know how to trade some unlike this bitcoin there's so many way to trade it and make double your investment that's why I will choose bitcoin than gold.

Because the bitcoins are falling exponentially! It was a good start. The concept of the people who dug half of the hole, know the inside of the people dug half again! There's a quarter to the market! So the price of BTC will be higher and higher!

But gold is globally recognized, and some countries in bitcoin do not support it!

I eventually take the opportunity given to us and I absolutely go for bitcoin. Do having gold is still a good idea anyway, getting these signifies you of having a wonderful life experience. But as bitcoin came to us, it looks like we've been abandon gold at all. Of course we can generate more money from compared to gold investment.

right now, I prefer with bitcoin only but if later I can take a big profit from bitcoin, I will withdraw the money to buy gold too for my real investment in real life. I see gold and bitcoin have the same opportunity for me to help me to make a profit for a long-term so I think gold is still a good alternative investment in our real life. besides that, I see the gold price is cheaper than bitcoin now and this is a good chance for me to buy gold while bitcoin price still at a high price.

Gold have been an immense asset to produce you best profit ratios than other assets. But now this place have been retrieved by bitcoins. They are doing more and better than gold and for this reason people are shifting from gold to bitcoins. Same money as input and the momentous difference of profits in both assets compel people to talk about bitcoins and considering them as income sources.

Bitcoin has already defeated gold not only in terms of the market value of the bitcoin but also in term of being the most reasonable and suitable way of investing your money. Gold was once used to be the best way of investing money but since the time it has stable market value, people have started withdrawing their money from it and now people are more interested towards crypto currency than any other thing.

I think there is no comparison between both and tere is no doubt that bitcoin have successfully beaten gold and the biggest investors of the gold industry are switching to bitcoin which is helping bitcoin a lot in the development of bitcoin market around the globe. I don’t thinks o there is anymore any comparison of bitcoin and gold. People are now not using gold anymore for saving their wealth.