Is gold better than Bitcoin?

[Aamir1]

"Is gold better than Bitcoin? "

For me Bitcoin is better than gold.

Because if I invest in gold (jewelry) in my country and sale at a certain time (when price increases)
then I have to sale at a 20% less from the actual value. So I think that is a loss.
And 20% increase in value is very tough I think... Its slow.

But bitcoin is different for me. Because I found it more profitable.

I also sometimes wonder about the "existence" of bitcoin in future   

Gold is better than bitcoin in security while bitcoin is better than gold in profits, because if you invest in gold your money will be more secure as that has been around from a longer time while if you invest with bitcoin you will get more profits as it grows faster than gold.

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[akamit]

"Is gold better than Bitcoin? "

For me Bitcoin is better than gold.

Because if I invest in gold (jewelry) in my country and sale at a certain time (when price increases)
then I have to sale at a 20% less from the actual value. So I think that is a loss.
And 20% increase in value is very tough I think... Its slow.

But bitcoin is different for me. Because I found it more profitable.

I also sometimes wonder about the "existence" of bitcoin in future   

Gold is better than bitcoin in security while bitcoin is better than gold in profits, because if you invest in gold your money will be more secure as that has been around from a longer time while if you invest with bitcoin you will get more profits as it grows faster than gold.

Well said. 100% true

[springgers]

"Is gold better than Bitcoin? "

For me Bitcoin is better than gold.

Because if I invest in gold (jewelry) in my country and sale at a certain time (when price increases)
then I have to sale at a 20% less from the actual value. So I think that is a loss.
And 20% increase in value is very tough I think... Its slow.

But bitcoin is different for me. Because I found it more profitable.

I also sometimes wonder about the "existence" of bitcoin in future   

Gold is better than bitcoin in security while bitcoin is better than gold in profits, because if you invest in gold your money will be more secure as that has been around from a longer time while if you invest with bitcoin you will get more profits as it grows faster than gold.

You are buying gold in the wrong place dude Try to buy direct from miners instead of jewelry next time, you also can buy from miners and sell in big cities and make some profit.
And Bitcoin speculation nowadays is a joke, you can skip this from now, the price will not move so early.

Yeap, Bitcoin can disapear, gold will stay on your hands.

[Xester]

We know that gold has been in this world for generatiins now.  It was being used by our ancestors as their money and later on become a treasure for everyone.  It continue its price to rise.  It can be good if you can have both.  I do not have gold since I do not have money to buy it but I can always have bitcoins if I want to.  Bitcoin for me is a lot better than gold.  I can earn it and do the same just like fiat money.

[madwica]

We know that gold has been in this world for generatiins now.  It was being used by our ancestors as their money and later on become a treasure for everyone.  It continue its price to rise.  It can be good if you can have both.  I do not have gold since I do not have money to buy it but I can always have bitcoins if I want to.  Bitcoin for me is a lot better than gold.  I can earn it and do the same just like fiat money.

I respect golds domination for all over centuries. But the fact that we have the same reason why we are not going to choose gold is because we are not able to buy it. So I would say that it is going to be a pick for bitcoin. Because bitcoin is more useful to me and the investments with bitcoin is easy to learn unlike with gold.

Correct that we need to consider the capacity of each person, Gold is good to invest for long term but it is too expensive it is required big amount of money while bitcoin is much affordable and easy to earn because it has more methods that we can gain profit.

[BADecker]

When AI takes over, it will use Bitcoin exclusively.   

[BossMacko]

For me Gold is better than Bitcoin because Gold has demonstrated reliability. Civilizations have traded Gold since early times. and it continues to be used by dealers and investors with great enthusiasm today. Gold is also sure to never lose its intrinsic value as a Precious Metal with numerous practical applications.

[Taki]

I do not know what is better. Depends from the targets. If you want to invest and make your money grow better to chose Bitcoin, it shows fast temps of grow last few years. And if you just need an instrument to hold your money, better buy gold and your money will stay on the good level and will rise together with inflation. So everyone will chose for himself or herself what the final result is needed, and after that chose bitcoin or gold.

[Senor.Bla]

For me Gold is better than Bitcoin because Gold has demonstrated reliability. Civilizations have traded Gold since early times. and it continues to be used by dealers and investors with great enthusiasm today. Gold is also sure to never lose its intrinsic value as a Precious Metal with numerous practical applications.

i agree on most of your points, but gold could lose its value if we found a big amount (meteor with gold crashes on earth/a big new mine). bitcoin is safer in this one point as we now the maximum amount. golds value will maybe fall, but never to zero, something that is possible with bitcoin.

[markj113]

i agree on most of your points, but gold could lose its value if we found a big amount (meteor with gold crashes on earth/a big new mine). bitcoin is safer in this one point as we now the maximum amount. golds value will maybe fall, but never to zero, something that is possible with bitcoin.

Because gold rich meteor's hit the earth on a regular basis - not 

A far more likely scenario is another large bitcoin exchange will be hacked causing the price to plummet.

[Senor.Bla]

i agree on most of your points, but gold could lose its value if we found a big amount (meteor with gold crashes on earth/a big new mine). bitcoin is safer in this one point as we now the maximum amount. golds value will maybe fall, but never to zero, something that is possible with bitcoin.

Because gold rich meteor's hit the earth on a regular basis - not 

A far more likely scenario is another large bitcoin exchange will be hacked causing the price to plummet.

the titanic will never sink and the house market never crash. do you need more examples? i never sad it will happen, but that it is possible. and afterwards everybody wonder why we never thought about it before. also my point was, that the max amount of bitcoin is certain and the amount of gold not.

[dreamer81]

Gold and bitcoin is the same. The value will go up when the USD goes down. It's as simple as that.

[BitHodler]

Gold and bitcoin is the same. The value will go up when the USD goes down. It's as simple as that.

They are quite the same in the way that both can be used as a currency tool, store of value, having a part of your money outside the banking system, and the list goes on.

But Bitcoin has the advantage of having a limited supply, and that it's entirely a digital tool.

You can have a wallet backup file with billions worth of coins in an USB drive or a paper wallet, where with gold you can't have all that in your house.

[noictib]

Gold and bitcoin is the same. The value will go up when the USD goes down. It's as simple as that.

They are quite the same in the way that both can be used as a currency tool, store of value, having a part of your money outside the banking system, and the list goes on.

But Bitcoin has the advantage of having a limited supply, and that it's entirely a digital tool.

You can have a wallet backup file with billions worth of coins in an USB drive or a paper wallet, where with gold you can't have all that in your house.

since both of them are useful at there place . but in my opinion gold is better for security to save . because in bitcoin if any data erase did then what will happen with your money .
some.time during updating the wallet many people found btc are not in wallet . so they need backup .
now question is arise now!! what happened when you have no backup . totally loss of your savings .
overall both of them are good in my opinion .

[ObscureBean]

When AI takes over, it will use Bitcoin exclusively.    

Quite the opposite, if AI takes over, they certainly wouldn't allow humans to use any type of currency/money which could be used to recruit people and mount a rebellion. Plus slaves don't need money anyways   Bitcoin uses the internet/technology which makes it extremely easy for them to control, gold on the other hand would much harder for them to keep track of.

EDIT - oops I misread your comment  I thought you meant we would be using Bitcoin exclusively. My bad.

[peta4e]

Gold and bitcoin is the same. The value will go up when the USD goes down. It's as simple as that.

They are quite the same in the way that both can be used as a currency tool, store of value, having a part of your money outside the banking system, and the list goes on.

But Bitcoin has the advantage of having a limited supply, and that it's entirely a digital tool.

You can have a wallet backup file with billions worth of coins in an USB drive or a paper wallet, where with gold you can't have all that in your house.

since both of them are useful at there place . but in my opinion gold is better for security to save . because in bitcoin if any data erase did then what will happen with your money .
some.time during updating the wallet many people found btc are not in wallet . so they need backup .
now question is arise now!! what happened when you have no backup . totally loss of your savings .
overall both of them are good in my opinion .

If you are a long term investor then both are the best as an investment, no doubt gold is much safer and secure in compare to bitcoins but bitcoins has great ability to give higher profits.

[BitHodler]

Gold and bitcoin is the same. The value will go up when the USD goes down. It's as simple as that.

They are quite the same in the way that both can be used as a currency tool, store of value, having a part of your money outside the banking system, and the list goes on.

But Bitcoin has the advantage of having a limited supply, and that it's entirely a digital tool.

You can have a wallet backup file with billions worth of coins in an USB drive or a paper wallet, where with gold you can't have all that in your house.

since both of them are useful at there place . but in my opinion gold is better for security to save . because in bitcoin if any data erase did then what will happen with your money .
some.time during updating the wallet many people found btc are not in wallet . so they need backup .
now question is arise now!! what happened when you have no backup . totally loss of your savings .
overall both of them are good in my opinion .

If you have no backup of your wallet file, and it for whatever reason gets corrupted or "miraculously" vanishes from your PC, then it's game over for you.

That's why you at all times should have many backups of all your wallet files as you will be on the safe side then.

But then again, only newbies might come into a situation where they accidentally remove their wallet file while they didn't know they had to make a backup first.

[swogerino]

When AI takes over, it will use Bitcoin exclusively.   

Just watched the doc from 60 minutes last night too?
AI has come just like from these shows. Westwood for one looks just like what is being made now.

[ice098]

Gold and bitcoin is the same. The value will go up when the USD goes down. It's as simple as that.

They are quite the same in the way that both can be used as a currency tool, store of value, having a part of your money outside the banking system, and the list goes on.

But Bitcoin has the advantage of having a limited supply, and that it's entirely a digital tool.

You can have a wallet backup file with billions worth of coins in an USB drive or a paper wallet, where with gold you can't have all that in your house.

since both of them are useful at there place . but in my opinion gold is better for security to save . because in bitcoin if any data erase did then what will happen with your money .
some.time during updating the wallet many people found btc are not in wallet . so they need backup .
now question is arise now!! what happened when you have no backup . totally loss of your savings .
overall both of them are good in my opinion .

If you are a long term investor then both are the best as an investment, no doubt gold is much safer and secure in compare to bitcoins but bitcoins has great ability to give higher profits.

Agree gold is better than bitcoin because of its price and it is really recognize by all people and also unlike bitcoin it is really unstable price so it is very risky so if you do have a money to invest go for gold i know you can earn a pretty decent amount of profit by it.

[JessicaSe]

Gold and bitcoin is the same. The value will go up when the USD goes down. It's as simple as that.

They are quite the same in the way that both can be used as a currency tool, store of value, having a part of your money outside the banking system, and the list goes on.

But Bitcoin has the advantage of having a limited supply, and that it's entirely a digital tool.

You can have a wallet backup file with billions worth of coins in an USB drive or a paper wallet, where with gold you can't have all that in your house.

since both of them are useful at there place . but in my opinion gold is better for security to save . because in bitcoin if any data erase did then what will happen with your money .
some.time during updating the wallet many people found btc are not in wallet . so they need backup .
now question is arise now!! what happened when you have no backup . totally loss of your savings .
overall both of them are good in my opinion .

If you are a long term investor then both are the best as an investment, no doubt gold is much safer and secure in compare to bitcoins but bitcoins has great ability to give higher profits.

Agree gold is better than bitcoin because of its price and it is really recognize by all people and also unlike bitcoin it is really unstable price so it is very risky so if you do have a money to invest go for gold i know you can earn a pretty decent amount of profit by it.

Everyone cannot afford to invest in gold as it requires descent capital but in bitcoin you can start even with a small amount and the other best thing is that you can also earn it in multiple ways.