Is gold better than Bitcoin?

[Vikingr]

Gold and Bitcoin are different in many respects. Gold is physical, Bitcoin is digital..Gold relies on banks for safekeeping and payments, Bitcoin is stored on a computer and tracks payments with a distributed, public ledger. Gold is vulnerable to robbers, while Bitcoin is vulnerable to hackers. The list goes on and on.I think both are better in their place...This question does not have an easy answer.

But for the sake of investment both are considered as the same by a number of traders, no matter about its shape structure and other features of its existence, the traders only look into the efficient trading in them , and there they find bitcoin as more efficient and with bitcoin they earn daily while with gold they have to wait for years.

yes you are true the traders only focus on the earning potential of any thing they want to adopt and to trade with, if gold give more opportunity to earn money then they will start trading with gold and if bitcoin started to fluctuate with good variations then they join bitcoin.

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[GreenBits]

Gold and Bitcoin both have promising future and trading them could be profitable in long term run. Personally i trade Bitcoin but trading gold is profitable too in my opinion.

Yes. To secure our future we must invest into some stable and more trusted options. Bitcoin would be the highly profitable type of investment than gold till all the bitcoin will be mined out. So, for the next to hundred years, bitcoin will dominate gold to attract new investors.

Yes, even both gold and bitcoin are limited resources, bitcoin has known limit. So, the chances for price appreciation would be higher with bitcoin than gold. So it would be wise decision to invest into bitcoin than gold as per current trend.

Nozir. Gold is accepted worldwide, is inherentiy more stable, has not been banned or made illegal by any major state actors (although it has been subject to much regulation) and has been an accepted form of currency since the dawn of civilization. Does not require a blockchain as physical ownership is sufficient, and most importantly, it's zombie apocalypse/shtf proof. If you don't have internet connectivity, you don't control your btc until you do. And the gold has a bonus, it's actually a physical object that has substance, you can use it for a lot of other shit like art, or technology because of its unique properties.

Not a personal attack, just some points to ponder.

[Superbitzz]

every think has its own value. gold is gold and diamond is diamond. bitcoin specialty is that bitcoin has its fixed value and can easily be measure. on other side gold needs expert to know is there any mixture in it or not. and it need export to tell how much value does a specific amount of gold has.

[Babayega31]

Bitcoin is only for short term investment and really very risky if you take long to invest with it because price is really unstable to stake long, and really in bitcoin you can earn easy money im short period of time and if price drops many will lose money to.

While in gold its very stable price keep rising yearly and many businessman prefers it because years pass the more price it will rise its very stable because it is precious thing can be use in jewelries.

[iulianbutanu]

At a moment I read somewhere that the huge usa storage of gold was stolen.

And of course gold is more important than bitcoin.

In all the history gold was the thing who destroyed countries, wars etc.

Everytime when I have some cash I'm buying gold. 1 gram at 160ron (24k) is a pretty good investment .

[rektDude]

Gold is not better but gold is more used and stronger so that is nice for the currency but if you want to talk about the future than Bitcoin will be better for sure.
And that is why Bitcoin is digital money so that is nice for the world because everything is becoming more digital so that is perfect.

[terman45x]

Gold is not better but gold is more used and stronger so that is nice for the currency but if you want to talk about the future than Bitcoin will be better for sure.
And that is why Bitcoin is digital money so that is nice for the world because everything is becoming more digital so that is perfect.

I don't know how long bitcoin will survive but at this stage I would invest in bitcoin and can take that risk to earn huge from it in future.

[Betwrong]

Gold is not better but gold is more used and stronger so that is nice for the currency but if you want to talk about the future than Bitcoin will be better for sure.
And that is why Bitcoin is digital money so that is nice for the world because everything is becoming more digital so that is perfect.

This is close to what I think too. More and more things are digitalized today whether we want it or not. I like it actually and I think Bitcoin fits here perfectly.

Gold is overestimated and Bitcoin is underestimated, that's what I think on the subject.

[streazight]

Gold is good but I do not consider it better than the bitcoin because it will sometime take so long to make profit with the gold.
Withe the bitcoin you can simply just make money in a short term.

In the modern era, Bitcoin  has gained more popularity as compared to gold. and the new generation is more interested in bitcoins
rather than the Gold.

[streazight]

It is not better than Bitcoin but as you can see now you see that Bitcoin is getting more used and that is perfect for the Bitcoin.
But the value is not that high now and that must chance soon otherwise they will get mad.

Bitcoin will be better in future

[From Above]

In my opinion Gold is Gold and Bitcoin is Bitcoin - Apples and Oranges.

~CfA~

[iv4n]

My choice is easy here, bitcoin. Its more practical then gold, in this modern times when everyone is connected bitcoin is much better solution then gold. That is when we talk about currencies and buying/selling things, gambling.
Precious metals are good for keeping, and with some historical background this pieces can worth a lot, so its also a good investment for people who have money. Never hold everything you have on one place. More money you have, in more places you can put money. Sun Tzu said: " Opportunities multiply as they are seized."

[JessicaSe]

In my opinion Gold is Gold and Bitcoin is Bitcoin - Apples and Oranges.

~CfA~

Agreed both are unique in their own way, now individual has to make choice with which product he is comfortable as everyone has choice either go for single or with both.

[socks435]

It is not better than Bitcoin but as you can see now you see that Bitcoin is getting more used and that is perfect for the Bitcoin.
But the value is not that high now and that must chance soon otherwise they will get mad.

In my view, bitcoin is better than Gold, because now i m earning from bitcoins, but i don't know how to earn from gold, so it is not possible for everyone to earn the profit from the Gold, bitcoin earning is a easy way, everyone can understand how to earn from bitcoins instead of gold.

You can earn in gold but you cant touch is theres a spark profit prediction for gold and i think its also in forex.. if you can predict for the price of gold you can earn it..
But your right im still in bitcoin because you can earn it easily than gold..

[n0ne]

In my opinion Gold is Gold and Bitcoin is Bitcoin - Apples and Oranges.

~CfA~

I don't know in what manner you have quoted. If you have mentioned apple equal to gold then you are right because apple is used much compared to orange, but orange has goodness higher than apple. The same is with our bitcoin, gold is used much and has increased acceptance.

[Corenin]

For me gold is always better in compare to bitcoin if we think of long run, as I am sure gold will survive for long term but doesn't have same feeling for bitcoin.

[amine14madrid]

Although gold is physical, what makes me like bitcoin more is that it is digital.it is easy to transfer, although there are no refunds. I also like that it is relatively fast to transfer.

[bestluck]

Although gold is physical, what makes me like bitcoin more is that it is digital.it is easy to transfer, although there are no refunds. I also like that it is relatively fast to transfer.

But in some cases the non-refunding feature of bitcoin is not considered as beneficial, and people wish for it to be refundable, especially in the case when someone scam, at that time you do not remain with any option but to accept the loss.

[SquallLeonhart]

Although gold is physical, what makes me like bitcoin more is that it is digital.it is easy to transfer, although there are no refunds. I also like that it is relatively fast to transfer.

But in some cases the non-refunding feature of bitcoin is not considered as beneficial, and people wish for it to be refundable, especially in the case when someone scam, at that time you do not remain with any option but to accept the loss.

Agreed irreversible transactions of bitcoin makes it bit risky but if you take proper care at initial stage then I don't think there is anything to worry.

[Galiatram]

Gold will always be better then the bitcoin and thats not because the bitcoin is new but that is because of the many gold users. Gold will always be there and i dont know if the bitcoin would be for ever here we will see in the future what he will do.