Is gold better than Bitcoin?

[traderethereum]

for real life gold is better because lots of people more know about gold than bitcoin
also gold is physical and can used in real life
but bitcoin is better on online world, to payment around the world
i think gold and bitcoin is different so we cant compare them

i think both is better to make investment, but yes people will know only for gold and not for bitcoin because bitcoin is not know by large people so maybe people in out there just use gold to make investment, but for us which know bitcoin, we will use gold and bitcoin for investment in long term.

[betohell]

In a long time run of investment gold is better than
bitcoin. We know that gold no matter what happen
gold is there. Bitcoin is good too but in a short term
investment. Bitcoin is not a life time investment.

I think even in the long term it would be great because bitcoin bitcoin development is always moving forward and I'm sure future bitcoin prices will be higher than today's prices

[morantis]

gold and bitcoin cannot be properly compared really.  gold is a value-trade commodity and bitcoin is a currency model.  the main difference is the mutable, finite quantity.  while there is a finite amount of bitcoin, it is not all there yet and that means that no matter what other factors are applied to the value, that value will always change, all by itself until the total has been mined.  if nothing else ever altered and Bitcoin was $1000 to the USD, and there were 1000 coins in total, that would then change with the addition of another 1000 coins, putting the value at $500 per coin.  Apply to this the rate of consumption, really in the case of Bitcoin the standard economic term applies, but the rate of consumption is actually a rate of new coins introduced daily.  it is a fairly rapid influx compared to other things like it.

Now gold is also considered to be mutable, finite.  the rate of consumption for gold is very slow.  there are still deposits that are mined, but the overall supply is pretty much in circulation.  the value of gold is therefore altered by an entire different set of standards and factors that make it impossible to compare to Bitcoin.  the value of gold, over extreme long term is a almost guaranteed rise, as it will match inflation to a small degree.  that extreme long term may be 50 years or more.

bitcoin is not a guaranteed rise over the long term because it is not tied to inflation and other standards can and will alter its value, it is an intangible thing, like all currencies and has the potential to completely fail.  Personally i see no way that bitcoin will not rise over long term, but reality and possible outcomes are never close together.

[mace15]

The total number of bitcoins that can be mined has been preset at 21 million,
whereas the amount of gold that can be mined is a more complicated.
Bitcoin is likely more useful in less dire situation,As we can see, it’s difficult
to declare a clear winner in this hard-money rumble. Much of gold and bitcoin’s
value is speculative. Thus, bitcoin and gold is worth to users but its very
unpredictable price.

[dearbesz1219]

Yes it is! bitcoin is better then gold, when it comes to physical there is big difference, for you to have a gold nowadays you need to have a big amount of money, while in bitcoin, for you to have it, there is no exact amount to be needed. And very easy to use because it has a lot of advantages and benefits to the users.

[lienfaye]

for real life gold is better because lots of people more know about gold than bitcoin
also gold is physical and can used in real life
but bitcoin is better on online world, to payment around the world
i think gold and bitcoin is different so we cant compare them

I agree its hard to compare because its different, if you are using btc you can have an opportunity to earn and there are many things you can do with it like investing or just holding your coins while gold is a good asset and the value can grow each day.

[Zadicar]

I think  both are  better  if you have the capability  to  invest on  both but  i have to choose  one  and  i would choose  bitcoin  regarding  on  increasing prices because  bitcoin  is much faster  when  it moves its price compared to gold  but  gold  is a precious metal and valuable.

[Supercrypt]

I think  both are  better  if you have the capability  to  invest on  both but  i have to choose  one  and  i would choose  bitcoin  regarding  on  increasing prices because  bitcoin  is much faster  when  it moves its price compared to gold  but  gold  is a precious metal and valuable.

Bitcoin is also valuable. No doubt on that.
Bitcoin will get you more benefits when you are saving it similar to gold but in quick time. There is no guarantee that gold will double your investments in next one or two years, but bitcoin has lot of possibilities to make that happens. Going with bitcoin must be a wise idea.

[Carlsen]

Both have their advantages.
It's hard to carry a few millions worth in gold around, but with bitcoins that is easily possible.
On the other hand, gold is a desired thing for s few thousand years now while bitcoins whole existance has not passed a decade.
In general bitcoin is the more risky thing but with the bigger earning options. It can multiply its price, or maybe turn out to be completely worthless in two years, that nobody knows.
Gold will always be worth something, that has proven history.
It's up to the investor if he wants to play it safe, or take a little risk.

[newcoins1978]

I do not know if gold is better then Bitcoin because I have never made use of gold so I would choose Bitcoin over everything.
But I think that Bitcoin is still better then gold because it is somewhat more popular.

[doomistake]

This two has it's own uniqueness and value. It depends on you what is better between the two, we all have different opinions about it but for me the better is bitcoin when it comes to transaction and price. Bitcoin can be easily when you're shopping online (not all the shops online accepts bitcoins anyway) and it is more faster and less time consuming in paying because all you have to do is send the bitcoin to their bitcoin address while gold is also better in a way like, if you're going to hide it in a vault and just take it out when you barely needed it. It is better to save gold than bitcoins since gold will always remain there wherever you hide it unless someone will stole it while bitcoin is not that better to save because it is not possible that time will comes that it will just vanished in thin air and will become useless.

[TastyChillySauce00]

I do not know if gold is better then Bitcoin because I have never made use of gold so I would choose Bitcoin over everything.
But I think that Bitcoin is still better then gold because it is somewhat more popular.

you're definitely wrong,gold have the popularity compared to bitcoin,everyone in this world know gold but i don't think in a house there will be someone that know bitcoin so gold is actually more popular than bitcoin without thinking about both advantages and disadvantages,and comparing thing and choosing without even trying both is just not ethical i guess

[Rizky Aditya]

for real life gold is better because lots of people more know about gold than bitcoin
also gold is physical and can used in real life
but bitcoin is better on online world, to payment around the world
i think gold and bitcoin is different so we cant compare them

That is definitely true. But as Bitcoin is up and coming, more and more people are learning about it. This means that in the future, Bitcoin will be the better investment, along with the fact that the price is rising.

[Betwrong]

for real life gold is better because lots of people more know about gold than bitcoin
also gold is physical and can used in real life
but bitcoin is better on online world, to payment around the world
i think gold and bitcoin is different so we cant compare them

That is definitely true. But as Bitcoin is up and coming, more and more people are learning about it. This means that in the future, Bitcoin will be the better investment, along with the fact that the price is rising.

So then if we are talking about a long term investment Bitcoin is better than gold. Of course right now it is much easier to sell gold than Bitcoin in most places of the world, but in the future (and I think this future is not far away) you'll be capable to exchange your coins for the local fiat almost in any town.

[Mastsetad]

Yes it is! bitcoin is better then gold, when it comes to physical there is big difference, for you to have a gold nowadays you need to have a big amount of money, while in bitcoin, for you to have it, there is no exact amount to be needed. And very easy to use because it has a lot of advantages and benefits to the users.

Actually gold also does not require you to have a lot of money in order to have it because you can also buy a portion of gold like how you buy bitcoins with that amount, but the difference there would be that if the gold you buy is small because gold is physical then that can be lost easily, but the smaller amount of bitcoin would be safer to be kept.

[avikz]

Gold and bitcoin both are different type of asset and can't be compared with each other. While gold is a tangible asset, bitcoin is not a tangible asset and that makes a lot of difference.

With gold, you can make ornaments or simple can invest it for a long time to get appreciation value. But the appreciation is limited for gold. However, with bitcoin, you can't make anything fancy. Firstly you have to convert it into a fiat currency and then you can buy something with bitcoin. But interms of appreciation in value, bitcoin is a better choice for me.

[delliaerd]

Yes it is! bitcoin is better then gold, when it comes to physical there is big difference, for you to have a gold nowadays you need to have a big amount of money, while in bitcoin, for you to have it, there is no exact amount to be needed. And very easy to use because it has a lot of advantages and benefits to the users.

Actually gold also does not require you to have a lot of money in order to have it because you can also buy a portion of gold like how you buy bitcoins with that amount, but the difference there would be that if the gold you buy is small because gold is physical then that can be lost easily, but the smaller amount of bitcoin would be safer to be kept.

Gold is very very worthed, gold have no inflation wich make the price drop. it is different while you use fiat becouse it alwayse have inflation every years. an example if you buy a cow with $800 now, then if you buy the same cow in the next year the price of the cow would be higher about $801. That is becouse of the fiat inflation. But bitcoin price is grow every years against fiat. Everyone can have their own gold and Bitcoin. Amount of these is not a problem.

[Caladonian]

Gold and bitcoin both are different type of asset and can't be compared with each other. While gold is a tangible asset, bitcoin is not a tangible asset and that makes a lot of difference.

With gold, you can make ornaments or simple can invest it for a long time to get appreciation value. But the appreciation is limited for gold. However, with bitcoin, you can't make anything fancy. Firstly you have to convert it into a fiat currency and then you can buy something with bitcoin. But interms of appreciation in value, bitcoin is a better choice for me.

thats right as gold already on its peak while bitcoin investment are still rising, with gold asset time and just little movement because it is already been traded for almost everywhere while bitcoin we cant say if how high it can be in the near future the diff is the capability to expand so better to choose bitcoin for me the high risk there is the high value can be.

[klf]

for real life gold is better because lots of people more know about gold than bitcoin
also gold is physical and can used in real life
but bitcoin is better on online world, to payment around the world
i think gold and bitcoin is different so we cant compare them

That is definitely true. But as Bitcoin is up and coming, more and more people are learning about it. This means that in the future, Bitcoin will be the better investment, along with the fact that the price is rising.

No one knows what exactly happens in future because every one of us just predicting in future demand will go up and prices will go up but anything can happen. So it is always to good diversify your money and be a safer side in worse cases. I invested both in bitcoin and as well as in gold.

[fkvidar]

for real life gold is better because lots of people more know about gold than bitcoin
also gold is physical and can used in real life
but bitcoin is better on online world, to payment around the world
i think gold and bitcoin is different so we cant compare them

That is definitely true. But as Bitcoin is up and coming, more and more people are learning about it. This means that in the future, Bitcoin will be the better investment, along with the fact that the price is rising.

No one knows what exactly happens in future because every one of us just predicting in future demand will go up and prices will go up but anything can happen. So it is always to good diversify your money and be a safer side in worse cases. I invested both in bitcoin and as well as in gold.

Well that is the right thing to, its always good to diversify your investment and put your money in multiple products to minimize risk in future, so even if one investment fails you always have an choice of recovering from the other.