Bitcoin Forum

Today, Bitcoin hit a new high, Bitcoel prices once soared to more than 27,000, is to go to 40000, since 2000, since the special currency gradually affect the world.
At the same time the emergence of Bitcoin not only for the broad money investors to bring the opportunity to make money, but also sent a block of this great product, the current look at the bitcoin can be said to survey than gold.

In my opinion, bitcoin is better than gold for now, as seen from bitcoin prices in recent months has risen quite high

Gold is one of those assets like stocks that is actively controlled, and manipulated by the central banking system in the world.

Bitcoin is free of such manipulation.

Even this (now) old chart below thru August'17 when BTC roughly only 3200usd back then):

https://s2.postimg.org/969uuysqx/Screen_Shot_2017-08-05_at_4.08.06_PM.png

The above shows
Bitcoin/USD
S&P 500 Stocks
Real Estate (REITs)
Gold
Bonds

I was made a right decision when I've change my last investment which was gold , 2 years ago and changed into bitcoin !
I made significant amount of profit when I trade bitcoin and I'm still invest it by investing 10%  every month until now

Not comparable but the comparison now is 1: 100 where one hundred gold can represent 1 bitcoin. This is because the bitcoin price movement is very significant and continues to rise despite occasional surprising price corrections but the price will be normal and rise again.

if you want only get profit bitcoin is the best
if you want saving and long term investment gold physic is above bitcoin

Bitcoin in general has had way faster progress climbing up in price from when it came into existence, compared to gold. On the other hand, gold which has been a depleting resource has soared up in the past century. Just imagine where the price of Bitcoin would be as we near the 21 million total supply mark.
Then again, comparing a physical resource to a digital currency just because of the price is absurd as they're nowhere connected to each other.

Bitcoin is like virtual gold. Yup. Actually it is even better than gold because gold is hard to divide up to make payments.

It can be compared with respect to properties like limited supply, and the possibility for anyone to mine it, provided they have mining equipment.

Some would say Bitcoin is even better, since it is unseizable, it has almost zero cost to store and to protect, and it can be transferred over the internet.

basically, bitcoin is almost the same as gold. to get it there must be a mine and both are rare items. but in my opinion, bitcoin is superior because:
1. universal
2. easy to store
3. no need to carry it when ingim is sold moved
4. can be used as a means of payment
Cmiiww

Both are good for long-term profits. Gold is very old and most trusted investment but Bitcoin is new and more dynamic so it is good to invest in both.

Like any other asset there is, bitcoin is also prone to market manipulation even though it is decentralized in nature. If a large portion of the circulating supply is held by a few groups of people, they can manipulate the price at their own will and make others suffer from buying into their own bags.

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Gold, unlike bitcoin, cannot be moved easily, has tons of backing from different nations around the world and is valued for a couple centuries now. Also, bitcoin, IMO doesn't have any intrinsic value which gold has, so with these two points gold is a clear winner but does not necessarily make it the winner.

Both can be used as a store of value and investment, but bitcoin can be more flexible since it can be used as a means of payment without having to carry tons of weight (and potentially be ambushed, lol) whenever needed.

Bitcoin is better than gold, but only in investment. Invest in bitcoin to earn high profits. Gold is suitable for hoarding. I recommend investing in bitcoin

They are similar with respect to the way they can effectively store value, but the biggest difference is that gold is far more stable. That comes with drawbacks, of course, since it can't appreciate the way Bitcoin does. Bitcoin is also more fluid because it can be used in online exchanges. Gold can be a pain to sell.

Yes you can compare the price of bitcoin with gold but the stability and rarity of gold is it's selling point, not like bitcoin, which has an unstable market price or value.

this game is above this talk now. BTC is here since 6 years while gold is from ages. Yet BTC is much higher than gold. So gold is good investment but BTC is super excellent investment in current scenario

For now it's not. Because bitcoin is far superior, visible with increasingly high prices. But both have their own weaknesses and advantages. Bitcoin excels with its transaction system but there is no "real value" like gold.

Yes it is, why? because although many people think that bitcoin just have its value so high we can't think of it as a gold. Gold is something so precious and kind of intimidating when heard isn't it? When someone has a gold it is like they are so rich and have a lot of treasures. Now if you think of it if someone has a lot of bitcoin, when you know what bitcoin is and what its value is, you may saw him as a rich person. The growth of bitcoin creates its own opportunities to grow more. Thus, surpassing many assets and like this makes up to the level of gold.

Bitcoin is comparable to gold when we talk about the price of BTC, bitcoin is more expensive than gold but gold is more stable than BTC but inspite of the stability of gold, investors keep their investment with BTC because of the greater profit that they can have with BTC which they can't achieve with gold.

In my opinion, Btc is already gold in countries where you can buy property for it.
Basically I prefer to keep my money not in bank but in crypto.
From time to time exchange rate of usual money shows traffic moves so bitcoin is the only way to keep money for ordinary guy.

In prices, yes. But in physical or logical use is not. I know that bitcoin is much important to gold, no doubt about that. But if the possibility of war or any disastrous incidents without internet bitcoin will be nothing. Gold will and always be the same. It is a sad truth but it is much of taking reality into a discussion.

not comparable because the rise in the value of bitcoin is very significant

oh yeah i had made invest in gold :p but when btc price start rising up than i come to btc and really btc is jumping i hope it will go more :)

Bitcoin will definitely exceed the total value of gold. The future world must be the world of virtual currency, and the world of unification

The bitcoin value is high expensive than gold right now i agree but if we will compare the disadvantages between the two things it will favor the gold. We could use gold anytime, anywhere and to anyone but bitcoin cannot. If we lose the satellite for our internet still gold can be use but bitcoin cannot. In times of chaos like wars and destruction we can still use the gold for survival but bitcoin still cannot because how would you use bitcoin if all the things are shutdown during wars?

I think it depends what type of investment you want.

A low risk investment would be gold. It's a great store of value. It seems we might have some troubled times ahead with the world economy, so gold is the safest hedge during these times. The problem is you can't really spend Gold or carry it or do anything with it.  ???

As for Bitcoin, I think Bitcoin is still a high risk investment. It's new technology and has not been adopted in any meaningful way yet. People (including me) are speculating on the future of Bitcoin. Once crypto is adopted Bitcoin will replace gold as a place to store value. It will be easier to move around and you will be able to actually spend it.

Bitcoin is nothing like gold. It is just much different (not necessarily better though).

What is better compared to gold is not the rocketing price, but the fact that it can be digitally transferred to any other place in the world, in matter of seconds. Gold cant do that. Gold is pretty stupid in that regard.

Also bitcoin is pretty easy to measure. Divide the bitcoins to whatever amount of satoshis you want. Gold is pretty hard to be divided.

However if a digital store comes and wipes out all the data, gold will still be there as a source of scarce "wealth". But then again, in the age of digital collapse we will have other things to worry about then just storing wealth.

Yes, it is, from the beginning. Bitcoin only exists in this world for 9 years but the price has increased significantly. The more people use bitcoin, the more awesome bitcoin is. The blockchain technology has helped people to solve many things both on the internet and in the real world. Gold, on the other hand, is just a type of property which has no used except being a form of investment and a place to save money. In my opinion, bitcoin is way more than gold, not just an investment itself but also a currency, a new form of payment and our future

In fact, it's strange that bitcoin is compared to gold. Behind bitcoin there are interesting and promising technologies that can improve the society and simplify many tasks in the future. And what is behind the gold, besides the value of himself as a precious metal? ???

It is assets with the actual situation, and GOLD is worth being universal.
In Bitcoin, the property value is temporary.

In my opinion there is not comparison between gold and bitcoin. They are not the same and they are not the opposite. For the prices, btc prices is more volatile than gold price.

True, nothing's better that a potential digital gold still on its infant stage, older people are just more skeptical with its true value as it is indeed intangible. Bitcoin is extremely similar with the usage of gold, serving as an efficient indirect exchange and convertible currency, it doesn't necessary that BTC has to grow sky high like Gold as it serves a the convertible currency among thousands of potential altcoins, goods.

I truly believe that bitcoin is the future gold when resources are depleted, and most importantly more people are using it, BTC has already created the impact that digital currency WOULD penetrate our lives eventually, even somebody kills it, another coin would take over its place.

Reading your post make me squirm a little bit nonetheless I think I know what you are trying to convey that Bitcoin is now considered to be the digital counterpart of the physical gold mostly in terms of price and function as a safe haven and a store of value. There are many similarities between gold and Bitcoin though there are also difference like the fact that we can not see Bitcoin physically. Gold can be seen and has weight while Bitcoin exist digitally much like an eBook.

Bitcoin has already surpassed gold in terms of price and since it is really limited its value can continue on surging before it would reach a certain plateau and that's when things will get stabilized and volatility rate can slow down. Of course, there are many who are questioning how can something that is only existing digitally can be given such a good value. And it should not be a big wonder why these people may call Bitcoin as just another bubble or fraud because many of them can be disrupted or their industries can be somehow affected by it.

Definitely, the growth and the potential for more growth of Bitcoin is now catching the whole world like a wildfire!

Not yet their people still value a higher value in gold than bitcoin one of the core reasons why is because bitcoin is not yet known, worldwide people see when one was wearing or have one as a reach people while in other country when you mention bitcoin they have a little knowledge about that topic yet.

Bitcoin comparable to gold? No, it's more valuable than gold, with the current value of ~ $ 5k6, it's over gold.

If you look at the chart of gold, it has also broken the downternd and is ready to make upward moves. I am bullish on gold, silver and my best pal- bitcoin.

Bitcoin is not 'more expensive' than Gold, you shouldn't pay attention to all those articles pointing at Bitcoin being worth three or four times more than Gold. In these articles they compare Bitcoin's whole unit value (i.e 1BTC) to a troy ounce of Gold (i.e 31.1XX grams), which by default is a wrong comparison. Other than that, Gold's market is indeed more stable than Bitcoin's market, but that's mainly due to the fact that this market has probably the highest level of liquidity available. Bitcoin is still a joke compared to Gold in financial terms.

Yes bitcoin is better than gold since bitcoin is soaring high in terms of its value. And besides bitcoin is very east to handle and is very accessible to everyone.

Well, bitcoin, although its value is really climbing and is at an all time high at the moment, I would say that gold is still more valuable because unlike bitcoins and other online currencies which have values that fluctuate in a very volatile state, gold has a more stable value in the market and are more widely recognized as compared to bitcoins. Although, in time, if the market of bitcoin grows and more countries recognize its value, and thus, increase its purchasing power, by then, maybe it can be the same with gold in terms of value or even more.

It is true that bitcoins are more bitter than gold but it is only at price. Gold used by our ancestors is the first money here based on whether a country is rich, with the amount of gold they hold. Here are some good things, good things happen. Now how much do you appreciate the gold that you hold today do you put it in a good container that you are avoiding it being stolen? With bitcoins how much do you value each piece of bitcoins is important to you? What is more important than what I asked?

I think its not when we say comparable the two factors has almost same characteristics. Maybe today bitcoin is overtaking the price of Gold, but when we look in a big picture Gold is more stable and it is being recognize all over the world , while bitcoin is not. Gold reserved also being considered in economy of every country while bitcoin for now its not. Maybe someday bitcoin will be more stable once all country will embrace these kind of digital currency.

here we go again you can't just compare gold and bitcoin, they have a very huge differences from other and besides gold's market capitalization is around 7 trillion and bitcoin's market cap is only 100 billion and the gold's price is very stable while bitcoin isn't yes indeed the prics of bitcoin is verh high compared to gold but take a look on gold it has a very stable market and very reputable.

Right now, we cant argue with this since bitcoin is on top of the chart. But if you want a more assured investment go for gold since its value is stable throughout. Don't make your decision in the spur of the moment since the two is really not debatable, gold always win.

You cannot compare bitcoin and gold, gold is an asset which price is stable and ofcourse anyone can also take profit . While in bitcoin when you notice the price it is very expensive compare when it was release in the market. It is indeed decentralized which everyone could earn income.

I agree with these statements. First, gold is better than Bitcoin in a sense that it is widely accepted worldwide as compared to the latter. I think it is also safe to say that many would prefer gold than Bitcoin because the former is a tangible property while the latter is only an intangible property whereby there is no guarantee nor guaranty to warrant protection from the government.   

I agree at some point. But just to be clear, I think anyone can come up with a comparison based purely on its monetary equivalent or value at the moment. Nonetheless, we cannot disregard the fact that both have similarities as well. Just that to me, I would go for gold rather than Bitcoin because of its clear and accepted worth in trade and commerce, unlike in Bitcoin whose value is still very much questionable. 

I think it's still early to compare bitcoin to gold for the simple fact that one is a tangible asset and the other is not. Even because we are living times of possible wars between countries and this only causes the price of gold to rise dramatically. You can take a look and check on the evolution of the price of gold in times of crisis, it rises like a rocket as it is a form of alternative wealth and the major banks of the world have a huge stock of it. Bitcoin however is innovative as a payment method it still coexists with real money since people only actually own money when they exchange bitcoin for fiduciary currency. We might see this change in next years maybe. I think the only thing comparable to gold right now is the oil and silver.

It is way different.
It will be lightweight and faster. Risk is also minimized. You dont need to bring physical money or gold to another person just so you could trade.
It can handle a large amount of money to be send with just using your fingers and the internet.

Hey

I disagree completely well bitcoin and gold both are source of income and thus they can be seen similar in many ways but, gold unlike bitcoins is stable it won't ever go.. Below a certain value.
But bitcoins can loose their value anytime ! Literally
And the price is right now high because of Bitcoin gold that is going to give people a chance to earn free cash, but anyways it won't be feasible because people are gonna dump bitcoins afterwards and that will cause the price of bitcoins to fall sharply and then gold will never see any senario like that thus I feel they are completely different.

Nah you can not compare bitcoin with gold, they are very different things and there is nothing that you can compare with them, it sounds crazy too, gold has always been one of the most stables currencies that have ever exists, and bitcoin is the most volatile e-comodditie that existed, just 400% in a year is a lot, and in gold, you might see 3% a year or maybe a little bit more.
And you also know that gold will never dissapear, and with bitcoin, you dont know that.

Though Bitcoin objective is to be the next currency, in current's situation it is not how it is. Bitcoin and Gold is a commodity wherein you both buy it for a certain value. And its value will increase or decrease. It is like speculating its price.

bitcoin  is digital currency. it is better than gold.few reasons are given below :1.gold is physical  thing,but bitcoin is not.
2.bitcoin is computerized, but gold is not.
3.bitcoin is more profitable than gold.
4.price of bitcoin is increasing with time, but gold's price can't.
5.gold can be steal by someone, but bitcoin  can't steal.

so,look there. bitcoin is comparable to gold.

Bitcoin is the best choice if u wanna get more profit than other investment. Bitcoin more popular and have. have enthusiasts from all over the world to make bitcoins like gold and gems with system Blockchain. I'm sure for the future of Bitcoin

as per price is concerned bitcoin is much better than gold as per how its price is going,but gold is physical while bitcoin is online making gold to be at little disadvantage because internet could crash,or some virus could corrupt bitcoin,but this is not so case with gold.

BItcoins are comparable to gold , well they both have something in common like both are used as an asset, they Botha re limited etc:-
But BTC have some more advantages that make them a better asset then gold like:-
+ BTC can also be used as an asset.
+ it is a digital decentralised crypto currency. , this gives BTC a big lead.
+ BTC has the potential to overcome fiats and become a globally accepted currency.

It is pretty comparable to gold yes. I think it all depends on what you are using it for. Long term holding seems like bitcoin would be a better option for profits but there is more risk. Gold has a longer track record and seems safer. It all depends on your risk reward calculating.

bitcoin can be comparable to gold even according to more than gold, because the increase is slightly higher than gold. so in my opinion bitcoin is one of the best investments for now.

Bitcoin can be compared to gold in the sense that it gradually loses the function of the payment function due to the high cost of transactions and increasingly performs the function of accumulating value, that is, it actually performs the main function of gold. With the increase in the bitcoin rate, and also due to its limited quantity, this function will only increase.

In my opinion today bitcoin even exceeds the price of gold, that's a fantastic thing. Ancient wealth is identical with having a lot of gold, but not anymore. The rich are now synonymous with simplicity, but have advanced thinking on technology and always follow a positive trend like having bitcoin.

Yes, It is obvious. If you consider about the current condition of Bitcoin then you have to compare Bitcoin with the gold. day by day Bitcoin is getting acceptable and profitable currency in the virtual world. though Bitcoin is newly invented currency it is getting replaced with gold day by day. people are choosing Bitcoin for the purpose of saving and investment.

btc is more high than gold...but idk untill when

Comparing bitcoin to gold is interesting - gold is supposed to be a safe heaven when investing money as it is tangible and everybody knows / accepts for many centuries already. I think bitcoin is not at this point reffering to worth (however you define it) at present. But if you think about how markets work, once bitcoin becomes more common, masses will explore the possibilities and support the much higher potential of it than gold will ever have.

Another interesting point is that it certainly also will depend on the own values. It`s like politics, some people will like the way to invest, e.g. in btc, others will follow other / more conservative routes in doing so. Becoming more polular will not be a solution for everybody of those to change to btc.

When it comes to value or profit making opportunities then bitcoin would really have the advantage over gold considering or comparing their price volatility which would potentially make profits on a certain investor but talking on the support between two things i would go for gold for sure since its been here for how many years.

My opinion bitcoin is better than gold now why-not we can see that now a time bitcoin price is high valuable. And gold price is low. So I think bitcoin is better than gold.

       

          The bitcoin is an electronic asset mean time gold is a physical asset. Bitcoin is a digital creation, created by open source software that
mines for new bitcoin. Bitcoin is a hard investment commodity now since the market prices are shooting up day by day. Gold and bitcoin together might have some role in future.Gold is a stable store of value, the stability of gold value for pricing and long term contracts such as loans  or employment agreement. One popular use of bitcoin has been for long distance transaction from immigrant workers back to their families at home in other country. In the past the required services like Western Union charge big fee .Bit coin can work well for small transactions. To my view gold can be used as a saving account and bitcoin as a checking account.

Bitcoin cannot be compared to gold. Though bitcoin's price is high today, it is still to volatile. The price of gold is increasing constantly through time since it was used as an exchange for goods in the past. The strength of the price of gold cannot be compared to the volatile bitcoin. Gold has more value than bitcoin.

Yet you could say that Bitcoin is comparable to Gold but they're both really different in terms of their characteristics. Gold is a physical asset and Bitcoin is a digital asset but their price is far more bigger in difference. And i think Bitcoin will gonna surpass the price of Gold but we can't deny the fact that Gold is a big asset in our technology, so does Bitcoin too.

Bitcoin and gold comparison is going on from many years and bitcoin has been always proved more profitable than gold and now its price is also more than gold value and its price is increasing daily. bitcoin investment can give you instant and huge conform profit and we can also hold it but gold has a very high price increase rate and a normal person cannot buy large amount of it and wait for minium 10 years to double his money instade it is better to invest in bitcoin and get instant profit and withdraw when ever needed.

if arguably comparable to gold maybe belom can be aligned with gold ... but still there is a possibility in the future or in the near future could be gold parallel to bitcoin ... so the followers of bitcoin need not worry and do not have to think about bitcoin and gold is comparable. ...

Comparison between gold and the bitcoin, gold price was steady maybe it takes a few years that to increase price. Also gold manipulate by our government which is we don't have a freedom unlike bitcoin fastly moving up their pricing value and more profitable by year maybe triple your income when you invest here in bitcoin compare to gold which is long term profit.

I think its too early for me to say that bitcoin is comparable to gold. Gold has been there as universal currency/asset and stood for thousands of years. It has been one of the most important currencies used thougout time and its value is ever strong and stable anywhere in the world.  Bitcoin has just emerged and has very volatile and unstable state,  maybe I still have to see maybe 100  years.or more if bitcoin is still alive and then say its really comparable to gold.

If we see in terms of profit of course bitcoin better than gold, but when viewed from the market cap then the gold is still the biggest and difficult to beat bitcoin, but the thing that appeals to me is a lot of people who divert investments from gold to bitcoin.

Gold has already established its market all over the world while bitcoin still on the fluctuating period which price was not yet stable, the reason why gold is compared to bitcoin is because of the investing idea which both of them offered to people they are both highly appreciated and at this point bitcoin has superseed the value of gold in the market .

Gold in itself is good for long term investment. Slow and steady. Bitcoin price will grow at a much  faster rate. One thing to note is we never know what could happen to bitcoin 10 or 15 years from now. Gold will be a much higher price then.

Now Bitcoin really can be compared with gold in the sense that he gradually loses the feature of the payment function because of the high transaction costs and high rate of his course and acquires the value storage function. This is how it becomes like digital gold. This function is also facilitated by a limited number of bitcoin mining - 21 million.

For me bitcoin will more profitable more than gold. Because every year bitcoin increase faster than gold.
So bitcoin better than gold for investment.

we only invest in gold when we need a long term investment, however, investing in gold is slower than bitcoin, one thing is bitcoin has very high interest. so we can not compare gold to bitcoin.

I think bitcoin is better than gold at the moment ! As I can see , bitcoin demand and value gain some significant amount recently.
For now , bitcoin value keep increase and it's reach another highest record since bitcoin exist over 7 year.

~Bitcoin is more than a Gold

yes i agree with the point that bitcoin is better than gold. because world are developing very fast and with that development everything with time are changing. just like in past people used gold for trading and investing because at that time gold was the best choice due to its high rate but now a days bitcoin is more high and interested  than gold.

Gold is not attracting now a days latest digital currency is on the top and almost every one wants to invest on bitcoin instead of Gold because bitcoin is more profitable coin instead of any other thing, Bitcoin price was few months before and bitcoin latest price shows you the difference and get your attraction.

This is not so obvious and the comparison is like in earth and sky. :-) The earth is obviously gold and sky is the bitcoin. I'm dam sure this race will be indifferent than anything or any asset in the world and stocks. Gold is centralised and bitcoin is decentralised that everyone knows and hence they are not controversial to compare each other.

According to me Bitcoin is compared to gold because of the two reasons; first it is limited in nature as gold making both of them a limited commodity and second which is effect of first point is rising price over the time making both of them best investment over period of time. Due to this Bitcoin is also known as digital gold, because investment in Bitcoin is seen more profitable over a short span of time. But gold prices are still controllable by government or agencies in one form or other but Bitcoin is purely a decentralized system.

May be not, they are completely different things. Have you ever seen the prices of bitcoin and gold throughout last five years. Bitcoin surpassed the prices of every asset in the world within few years of time. The gold which we using since long time still not having that much market evolution as bitcoin did in such short period. I'm sure the case will never reverse itself in the long run too. With so many investors switching from gold to bitcoin will lead to more concrete returns to crypto currency lovers.