Is gold better than Bitcoin?

[USB-S]

No gold is not better than the bitcoin because with gold it take ages to make profit and with the bitcoin you can make such nice profits if you ask me on a short and long term period.

Try trading paper gold, you'd be suprised how volatile it is. Hard (for me) to time, but the profit is there if you can take it. Mining company (precious metals and rare earths) stocks are more volatile than some cryptos, lol.

But they don't usually go tenfold with only speculation powering it, like ethereum did. Actual mining companies need to provide enough production for the price increase.
Also holding paper gold is as good as holding nothing, the latter doesn't apply when you're trading gold. You lose at least 5-10% when trading in physical gold.

To be honest gold has little utility. Most of it is jewelry and hedge against inflation, even these are powered by speculation.

[Mumbeeptind1963]

No gold is not better than the bitcoin because with gold it take ages to make profit and with the bitcoin you can make such nice profits if you ask me on a short and long term period.

Gold is better than bitcoin in some reason, Like in trading you cant earn much here compare to bitcoin but the gold is safer than bitcoin because if you have a gold you can secure it at your own, in bitcoin you can secure it but they can hacked your account. And I knew that hacker can hacked even if you didnt sign in in their phishing link.

[Cryptonitex]

I do not like the idea of physically holding the value, in my opinion, it's easier to lose, and for it to get stolen. Having value where you know it's secure, now that catches my eye.

[GreenBits]

No gold is not better than the bitcoin because with gold it take ages to make profit and with the bitcoin you can make such nice profits if you ask me on a short and long term period.

Try trading paper gold, you'd be suprised how volatile it is. Hard (for me) to time, but the profit is there if you can take it. Mining company (precious metals and rare earths) stocks are more volatile than some cryptos, lol.

But they don't usually go tenfold with only speculation powering it, like ethereum did. Actual mining companies need to provide enough production for the price increase.
Also holding paper gold is as good as holding nothing, the latter doesn't apply when you're trading gold. You lose at least 5-10% when trading in physical gold.

To be honest gold has little utility. Most of it is jewelry and hedge against inflation, even these are powered by speculation.

Excellent response I concur, gold isn't as susceptible to hype swings, but those poor mining companies make the track records on these shitcoins look golden. Hyper undervalued until they find a new source/mine, then totally overvalued until they fail to meet production and shareholders jump ship.

I also agree that paper gold is worth exactly that. Paper. But the assets have a price, can be traded, and deviate so much from the price of gold (haven't figured that one out yet) that they can be traded to extreme profit given you have a decent starting stake. 1000 bucks just won't do here; like in all traditional markets, it takes money to make money, else everyone else would be doing it. In cryptoland, you can turn a dollar into a Lamborghini if you pick the right horse. But it's a gamble. The gold industry is a multi trillion dollar established, trusted and accepted form of value store. Governments hold gold by the ton as a hedge against their own currencies. Bitcoin is cool until you walk out of a WiFi field. Then, those bitcoins are as good as gold ore stuck in rock

And you can get that down to 1.5 to 3% if you sell directly to a refinery. Buying is different, you have to purchase bullion peer to peer if you want spot price.

[MWesterweele]

It depends on the usage and the user.If you're a government official then gold is better for you because it is something common  in government.But if you're a regular person and want an extra income then use bitcoin.But in my point of view gold is much better than bitcoin because through gold it is morr secured than bitcoin.

[bitcoineverything]

For now, gold is still better than bitcoin. It is more easier to sell gold to anybody. Everybody knows about gold unlike bitcoin but there will come a time that people will run after bitcoin like gold.

[tabas]

For now, gold is still better than bitcoin. It is more easier to sell gold to anybody. Everybody knows about gold unlike bitcoin but there will come a time that people will run after bitcoin like gold.

You are partial right, that gold is still better than gold because many people are still doesn't have enough knowledge to bitcoin. But when the times
when most people will know that bitcoin is better than gold, for sure gold business will just be on the second trading.

[Herbert2020]

For now, gold is still better than bitcoin. It is more easier to sell gold to anybody. Everybody knows about gold unlike bitcoin but there will come a time that people will run after bitcoin like gold.

actually it is the other way around, for now bitcoin is better than gold because of the price rise and if you have invested your money in bitcoin before you could have had more than $50 per bitcoin in profit.
also it is not important that you can't sell bitcoin to everybody you don't need that. you only need one place to sell bitcoin while there are many exchangers.

[newcripto]

There should be some kind of balance in your all funds.Some part should be in Gold,a portion of wealth in Bitcoin and don't forget the very important fiat.This is reality so for cash is king which has been proven over and over again.This will be a perfect and complete balance in these three to have wealth.Gold or Bitcoin alone is not good in my opinion.

[Mumbeeptind1963]

For now, gold is still better than bitcoin. It is more easier to sell gold to anybody. Everybody knows about gold unlike bitcoin but there will come a time that people will run after bitcoin like gold.

actually it is the other way around, for now bitcoin is better than gold because of the price rise and if you have invested your money in bitcoin before you could have had more than $50 per bitcoin in profit.
also it is not important that you can't sell bitcoin to everybody you don't need that. you only need one place to sell bitcoin while there are many exchangers.

Bitcoin is better than gold now @bitcoineverything its not easy to sell gold to anybody because they think that your gold is fake. For me its easy to sell bitcoin in any site you just convert it easily or just sell it in trade site like ccex or yobit and convert it to $$$$.
Bitcoin is better not because gold can sell to anybody it is because the price of it will rise soon. Like now it rising now and i dont think so that this coin will dump again until bitcoin halving.

[jerowacik]

There should be some kind of balance in your all funds.Some part should be in Gold,a portion of wealth in Bitcoin and don't forget the very important fiat.This is reality so for cash is king which has been proven over and over again.This will be a perfect and complete balance in these three to have wealth.Gold or Bitcoin alone is not good in my opinion.

Yes, totally correct . everything has to be balanced and to the point. if we choose gold, but not smart set of management where the outcome was not good. so was the same with bitcoin. bitcoin like gold and the most important is our cleverness plays condition.

[Enotche]

- Bitcoin is a decentralized currency. It can not be influenced from the outside, therefore, a situation like this is impossible in principle.
- It is difficult to speculate, because economy, built on Bitcoin'e, transparent.
- It is convenient to buy goods and fulfill orders.
- No intermediaries and regulatory organizations.
- High anonymity and security.

All these items are not available in gold.
- Gold reserves are stored in one place, access to which no one has. Keep the gold at home is forbidden by law in most countries of the world, or at least put a lot of restrictions.
- Gold is very easy to speculate, because control over the entire supply of a very narrow group of people.
- Gold in pure form is not suitable for the exchange, and it is necessary to create paper currency, which is very inconvenient. Excess of abstraction are not needed.
- A bunch of middlemen profited from scratch. A controls 99% of the reserves of gold, again, a very narrow group of people.
- With gold no anonymity and security. Especially in the pure form of gold exchange is virtually impossible.

As for me, as for the future of bitcoin.

[BombayChicken]

No gold is not better than the bitcoin because with gold it take ages to make profit and with the bitcoin you can make such nice profits if you ask me on a short and long term period.

Try trading paper gold, you'd be suprised how volatile it is. Hard (for me) to time, but the profit is there if you can take it. Mining company (precious metals and rare earths) stocks are more volatile than some cryptos, lol.

I think that Bitcoin is better in the future and that is because you also can see now that there will be more people that is going to have some Bitcoin later and that can be perfect for the currency later.
But you can see now that gold is going to be stable for a long time and the bad thing is that you cant pay with it so easily because the world is also getting more digital.

[BitsandBites]

Gold will always be better then bitcoin will ever be and thats only because one reason. Bitcoin is worth allot of gold more i dont have to tell you think by your self why he wont be better.

[BitsandBites]

bitcoins will never be better than gold and that is only because of the many users gold has. Gold is the most important paying method in the world dont think he will ever beaten and not by a bitcoin at all.

[Chrismeister]

Gold will always better the bitcoin and thats only because everybody is using gold and not everrybody is also using bitcoins by their gold. So dont think he will ever be better then gold there will be to many gold userrs.

[bryant.coleman]

bitcoins will never be better than gold and that is only because of the many users gold has. Gold is the most important paying method in the world dont think he will ever beaten and not by a bitcoin at all.

Gold will always be better then bitcoin will ever be and thats only because one reason. Bitcoin is worth allot of gold more i dont have to tell you think by your self why he wont be better.

Quite difficult to understand your posts, but I agree partially to some of your points. It is true that gold is accepted worldwide and a lot of people are using it. But gold is not the most important paying method in the world right now. In fact I am not even ready to consider gold as a payment method. Are you talking about ETFs and eGold?

[Chrismeister]

The only think i would say about this topic is just search for something better to ask because bitcoins will never be such as good as gold is now. Do you even know that bitcoins exist in gold and that if gold will not be here anymore that bitcoin does not even has a value only thing he is right then a worthless coin.

[quintiilieo]

Actually gold is better than bitcoin in any point. Gold is a valuable mineral that you can touch and see by your naked eye and it has lot of market rather than bitcoin they have the same characteristics that can buy anywhere and can sell anywhere the difference is that is value gold is much valuable than bitcoin and it has thousands of decades since it its first mine. So the value became higher and higher and higher. 

[Oralmat]

The only think i would say about this topic is just search for something better to ask because bitcoins will never be such as good as gold is now. Do you even know that bitcoins exist in gold and that if gold will not be here anymore that bitcoin does not even has a value only thing he is right then a worthless coin.

Bitcoin and Gold for me both are same, but bitcoin is easiest way than gold.
If you think that everyone can handle the bitcoin and use it in an investment and also save it and get profit, but in the opposite, if we save the gold so it is not easy and also not everyone can handle it, and also need some information about the gold,than you get profit. otherwise gold is difficult than bitcoins.