Is gold better than Bitcoin?

[bitdumper]

yes it is gold is a stable and physically strong asset and bitcoin is vertual but comparitavly not much strong like gold as both stuffs have almost equal price but completly have diffrent situations

[Johnyloco]

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.

[dezoel]

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.

People who are aware about bitcoins will always prefer to make an investment in it as they are aware that it will help them in making quick profits in short term which is never possible with gold.

[Taki]

I think in this case I would pick up gold only if I would have lot of money and I need good place for holding that money without scare that tomorrow the price will change, default will come or something else. Cause the price for gold almost doesn't change and it is good way for holding big number of money in long period. Bitcoin is good for not so big money and for risky people it may become really good way for making money. Like you buy 10 bitcoins today and next year price is doubling. But I am not one of them. For me bitcoin is good way for underworking.

[SONG GEET]

I don't think so if you hold gold for like even years price will be in same range around where as price of bitcoin can get pumped hard within same time period as well as price of bitcoin is growing in like straight line with time in last few years.

[BADecker]

Gold is way better than Bitcoin. I'm hodling my bitcoins 'til they are at least $10,000 a bitcoin. Then I will trade them for gold.

 

[Mastsetad]

At this point in my opinion, we cannot compare bitcoin to gold.  In terms of history and trust.  Gold had already  established its value in the market while bitcoin is just starting to establish, it hasnt even rooted it's foundation yet in terms of government trust and economic purpose.  While gold had been around for centuries and proven it's worth already.

No one should compare bitcoin to gold, as you mentioned that gold has been around for centuries now and it has a way higher value or trust among the people than bitcoin while bitcoin is almost new for most of the people in the world, and there are plenty differences between these two.

[crairezx20]

At this point in my opinion, we cannot compare bitcoin to gold.  In terms of history and trust.  Gold had already  established its value in the market while bitcoin is just starting to establish, it hasnt even rooted it's foundation yet in terms of government trust and economic purpose.  While gold had been around for centuries and proven it's worth already.

No one should compare bitcoin to gold, as you mentioned that gold has been around for centuries now and it has a way higher value or trust among the people than bitcoin while bitcoin is almost new for most of the people in the world, and there are plenty differences between these two.

You have the point and you right we dont need to compare them because bitcoin still new in our eyes.. bitcoin maid only 2010 and i think gold is the oldest mineral leave in earth..
We are just staying in bitcoin because of its easy to use and handle..

[MaritiJames3]

At this point in my opinion, we cannot compare bitcoin to gold.  In terms of history and trust.  Gold had already  established its value in the market while bitcoin is just starting to establish, it hasnt even rooted it's foundation yet in terms of government trust and economic purpose.  While gold had been around for centuries and proven it's worth already.

No one should compare bitcoin to gold, as you mentioned that gold has been around for centuries now and it has a way higher value or trust among the people than bitcoin while bitcoin is almost new for most of the people in the world, and there are plenty differences between these two.

You are right, it is not a fair way to compare the both of them. Especially since bitcoin is still so you while gold has been here for centuries with many of it advantages bitcoin can't compete except for the part of innovation, which bitcoin has.

[BitHodler]

At this point in my opinion, we cannot compare bitcoin to gold.  In terms of history and trust.  Gold had already  established its value in the market while bitcoin is just starting to establish, it hasnt even rooted it's foundation yet in terms of government trust and economic purpose.  While gold had been around for centuries and proven it's worth already.

No one should compare bitcoin to gold, as you mentioned that gold has been around for centuries now and it has a way higher value or trust among the people than bitcoin while bitcoin is almost new for most of the people in the world, and there are plenty differences between these two.

You are right, it is not a fair way to compare the both of them. Especially since bitcoin is still so you while gold has been here for centuries with many of it advantages bitcoin can't compete except for the part of innovation, which bitcoin has.

It's actually very normal that people compare Bitcoin with gold since these two options can do nearly exact the same things.

Both can be kept as store of value, as an investment, currency (yes, with gold it's a bit more difficult, but definitely not impossible), and don't forget to keep money outside the banking and governmental system.

[pearnapple]

There is no rule to choosing only single product for making an investment, so I will choose to invest in both of them to get benefits from both of them in long run.

There are definitely pros and cons to each form of investing, and that basically means that, as you said, there really is no specific rule for having one or the other form of investing. Both have their own benefits, like volatility and the ability to make quick profits, or being used as a store of value. It just depends on a lot of things.

thats true, it depends on what you want, if you want big profit then just choose bitcoins and thats it i think

[Doamader]

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.

Both has a good volatility but just bitcoin has a system to force the price to double, on short period of time something gold has achieve on the last 25-50 years, and now its controled by the countries as they wanna. I wouldnt say better i would say if you wanna to try to make a easy money do join bitcoin and invest into bitcoin.

[Sidas_Crew669]

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.

Both has a good volatility but just bitcoin has a system to force the price to double, on short period of time something gold has achieve on the last 25-50 years, and now its controled by the countries as they wanna. I wouldnt say better i would say if you wanna to try to make a easy money do join bitcoin and invest into bitcoin.

Yeah it does things that are very true, in general all people who join in the bitcoin will feel a very good change of dna also benefit. All the people who do it all is someone extraordinary

[Wowcoin]

If we talk a long term investment maybe i go for gold because gold have a good value and many people collecting gold for their personal used. You can keep it fo a long long time. Bitcoin is good too but in a short term because bitcoin is not safe for a long investment any time the price of bitcoin it can be drop. So much better gold for long investment than bitcoin.

[milewilda]

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.

People who are aware about bitcoins will always prefer to make an investment in it as they are aware that it will help them in making quick profits in short term which is never possible with gold.

Correct, and for sure no  people would  intend to purchase gold an an investment after they heard about bitcoin and also  majority of people  doesnt have the capability to buy gold and  when you purchase gold you have to secure it and its too hassle for us, while in bitcoin you could  buy only on small amounts  and you could possibly maximize it  by doing some  investments  and you could able  to grow your  bitcoin even if you bought on small amounts which is really an edge of bitcoin compare to gold.

[richardsNY]

If we talk a long term investment maybe i go for gold because gold have a good value and many people collecting gold for their personal used. You can keep it fo a long long time. Bitcoin is good too but in a short term because bitcoin is not safe for a long investment any time the price of bitcoin it can be drop. So much better gold for long investment than bitcoin.

Whether it's a long or short term investment, nothing is safe. Bitcoin however has proven to be a more than solid long term investment if you ignore the dumps and peaks. Just look at the charts, you'll see a very steady increase year on year.

[klf]

I don't think so if you hold gold for like even years price will be in same range around where as price of bitcoin can get pumped hard within same time period as well as price of bitcoin is growing in like straight line with time in last few years.

Are you sure in last few years Bitcoin prices are growing in a straight line? Just check a couple of years back prices of bitcoin, you will come to know it is very volatile compared to gold prices. Bitcoin prices went from a couple of hundreds to 1000+ and returned to a couple of hundred, and now only prices are bit study.

[drwtsn32]

At this point in my opinion, we cannot compare bitcoin to gold.  In terms of history and trust.  Gold had already  established its value in the market while bitcoin is just starting to establish, it hasnt even rooted it's foundation yet in terms of government trust and economic purpose.  While gold had been around for centuries and proven it's worth already.

In that case, I would choose gold if I have been given a chance between the two.
And I think gold is more of "limited" than bitcoins where it can be mined.
Gold can be mined as well, but not as vast as bitcoin.

[Zadicar]

At this point in my opinion, we cannot compare bitcoin to gold.  In terms of history and trust.  Gold had already  established its value in the market while bitcoin is just starting to establish, it hasnt even rooted it's foundation yet in terms of government trust and economic purpose.  While gold had been around for centuries and proven it's worth already.

In that case, I would choose gold if I have been given a chance between the two.
And I think gold is more of "limited" than bitcoins where it can be mined.
Gold can be mined as well, but not as vast as bitcoin.

You cant really compared  a precious metal to a digital currency they are different in many ways. Somehow  they have  competition and could able to compare it in terms of value which somehow have similarities and differencies. Bitcoins price moves fast while  on gold   it may rise also  but it takes time.

[katiecbell]

At this point in my opinion, we cannot compare bitcoin to gold.  In terms of history and trust.  Gold had already  established its value in the market while bitcoin is just starting to establish, it hasnt even rooted it's foundation yet in terms of government trust and economic purpose.  While gold had been around for centuries and proven it's worth already.

In that case, I would choose gold if I have been given a chance between the two.
And I think gold is more of "limited" than bitcoins where it can be mined.
Gold can be mined as well, but not as vast as bitcoin.

No, you are wrong. Bitcoin is very much limited when you are comparing to gold. Bitcoin has definite supply whereas gold make continue to be mined with new mines so no one will come to know when gold mining will come to an end whereas bitcoin mining will come to an end after ~150 years.