Is gold better than Bitcoin?

[krishna1]

gold is always better than anything they do not have any rights protection or any ownership if you have a piece of gold then you will be their owner some gold can be tracked but most of it is not so they offer a less secure but strong value and yes bitcoin is new and have all the solid features which is equally valuable or more stronger than gold but still gold is the best

[Dora Doll]

There is alot of difference between gold and bitcoin as gold is a physical asset while bitcoins is a virtual currency,choises may be different from users to users.But in todays world where almost every people in world knows about gold then if you are owning gold then you have a reputation where as in bitcoin,not many know about it.

yes you are right as you know that gold is more stable than bitcoin and most of the people investing their money in gold as compare to bitcoin but the reason is very simple, to me the reason is that most of the people have no idea about bitcoin, they do not know about the importance of bitcoin and once if they know about it they will really put their own investment in bitcoin then. .

[Bitcoinsummoner]

There is alot of difference between gold and bitcoin as gold is a physical asset while bitcoins is a virtual currency,choises may be different from users to users.But in todays world where almost every people in world knows about gold then if you are owning gold then you have a reputation where as in bitcoin,not many know about it.

yes you are right as you know that gold is more stable than bitcoin and most of the people investing their money in gold as compare to bitcoin but the reason is very simple, to me the reason is that most of the people have no idea about bitcoin, they do not know about the importance of bitcoin and once if they know about it they will really put their own investment in bitcoin then. .

Yeah they are just did not know about bitcoin thats why they are not investing in bitcoin if they know it they will try it in the first time until they are discover that they are making good profit in bitcoin than gold and they will convert or i think even just partial and they are still stay in gold since its for long term investment.. and bitcoin is for long term to but there is fast movement about this bitcoin..

[innominatus]

Silver is 9 times rarer than Gold.
Bitcoins is MANY times rarer than Silver.
It's your choice.
no transport or storing fees and so on.
that's one way answer - bitcoin

[MONKEYJUNK]

Silver is 9 times rarer than Gold.
Bitcoins is MANY times rarer than Silver.
It's your choice.
no transport or storing fees and so on.
that's one way answer - bitcoin

Rarity doesn't mean anything. You know why gold is expensive, right?

The bitcoin price will depende of supply and demand.

[innominatus]

Silver is 9 times rarer than Gold.
Bitcoins is MANY times rarer than Silver.
It's your choice.
no transport or storing fees and so on.
that's one way answer - bitcoin

Rarity doesn't mean anything. You know why gold is expensive, right?

The bitcoin price will depende of supply and demand.

Rarity doesn't mean anything?
well. it means A LOT

[markj113]

Silver is 9 times rarer than Gold.
Bitcoins is MANY times rarer than Silver.
It's your choice.
no transport or storing fees and so on.
that's one way answer - bitcoin

Silver is not rarer than gold, it is usually mined at a 17:1 ratio, silver is also often mined as a byproduct of other metals so cheaper to mine than gold.

How can bitcoin be many times rarer than silver? one is tangible the other is a digital number that is infinitely divisible.

[calkob]

Owning gold is only a good idea if you have great security and actually own the gold yourself.  in this digital age bitcoin in my opinion is digital gold and is seen as a store of wealth just like gold. 

[MONKEYJUNK]

Silver is 9 times rarer than Gold.
Bitcoins is MANY times rarer than Silver.
It's your choice.
no transport or storing fees and so on.
that's one way answer - bitcoin

Rarity doesn't mean anything. You know why gold is expensive, right?

The bitcoin price will depende of supply and demand.

Rarity doesn't mean anything?
well. it means A LOT

Gold is expensive because of this usage, it's a good conductor, the best one.

There are a lot of other things more rare than gold....

[Shiroslullaby]

ROFL this topic is actually fucking hilarious.
Bitcoin is an idea, but like Fiat currency, it is not really a tangible thing. Its an agreed upon payment method.
Although Bitcoin has a limited number that can be created, its fucking make believe internet money.
Once we are through with BTC we can just invent another coin.

Silver and gold are tangible elements that there is a limited supply of in the earth.
Once they are mined, that's the total supply. We can't just invent a new element and start using that instead.

I love Bitcoin and its a great idea, its a great thing. But comparing it to precious metals is not apples to oranges.
Its apples to make believe internet memes.

[innominatus]

Silver is 9 times rarer than Gold.
Bitcoins is MANY times rarer than Silver.
It's your choice.
no transport or storing fees and so on.
that's one way answer - bitcoin

Silver is not rarer than gold, it is usually mined at a 17:1 ratio, silver is also often mined as a byproduct of other metals so cheaper to mine than gold.

How can bitcoin be many times rarer than silver? one is tangible the other is a digital number that is infinitely divisible.

you are wrong.
please get better sources.
silver is rarer. gold price is boosted because money is backed by gold. gold should cost a lot, thats how this system works

[markj113]

ROFL this topic is actually fucking hilarious.
Bitcoin is an idea, but like Fiat currency, it is not really a tangible thing. Its an agreed upon payment method.
Although Bitcoin has a limited number that can be created, its fucking make believe internet money.
Once we are through with BTC we can just invent another coin.

Silver and gold are tangible elements that there is a limited supply of in the earth.
Once they are mined, that's the total supply. We can't just invent a new element and start using that instead.

I love Bitcoin and its a great idea, its a great thing. But comparing it to precious metals is not apples to oranges.
Its apples to make believe internet memes.

I totally agree,  over the past 4 years all profits I have made through bitcoin have been put into gold.

My first gold stack was sold just after Brexit and I made enough to pay off my mortagage and have a wad of cash left over for fun.

I have now started gold stack V2, up to £15,500 worth of gold sovereigns and counting

you are wrong.
please get better sources.
silver is rarer. gold price is boosted because money is backed by gold. gold should cost a lot, thats how this system works

You are wrong.

What money is backed by gold?

Fiat is backed by nothing, the gold standard finished a long time ago

[QuestionAuthority]

Everyone on the planet thinks gold=money.

A handful of libtards and techno geeks think Bitcoin=money.
The rest of the world thinks Bitcoin=crime.

You tell me, is gold better than Bitcoin? If you were stuck in a foreign country would you rather be carrying a paper wallet worth $15k or one pound of gold worth $15k.

Here's my choice:

[BillyBobJoe]

Not a chance. You and others need to stop making such claims.

To get 10,000 to 1,000,000 in even 15 years it would need to double about 6 or 7 times. That is once every 2 years. That is about 35% per year.

You post is a bunch of crap.

Gold will always have value but it will never make you rich. Now Bitcoin has more risks but it has a ton more possibilities of making you rich with a affordable 5 figure investment. Like investing 10,000$ right now in Bitcoin can make you a millionaire in 10 to 20 years, with gold not so much.

[NewInCryptoCurrency]

Everyone on the planet thinks gold=money.

A handful of libtards and techno geeks think Bitcoin=money.
The rest of the world thinks Bitcoin=crime.

You tell me, is gold better than Bitcoin? If you were stuck in a foreign country would you rather be carrying a paper wallet worth $15k or one pound of gold worth $15k.

Here's my choice:

The fact is also that you are partly right but if you think about security matters, the bitcoin is a lot safer and can also be converted at any time with gold this is not the point at all.
Another thing is that I rather have a paper wallet with 15k than gold because if I get robbed in a foreign country I would be fucked for life.

[Yakamoto]

Everyone on the planet thinks gold=money.

A handful of libtards and techno geeks think Bitcoin=money.
The rest of the world thinks Bitcoin=crime.

You tell me, is gold better than Bitcoin? If you were stuck in a foreign country would you rather be carrying a paper wallet worth $15k or one pound of gold worth $15k.

Here's my choice:

The fact is also that you are partly right but if you think about security matters, the bitcoin is a lot safer and can also be converted at any time with gold this is not the point at all.
Another thing is that I rather have a paper wallet with 15k than gold because if I get robbed in a foreign country I would be fucked for life.

Personally, trying to draw a comparison between using gold or Bitcoin in a foreign country is stupid to say the very least, and completely unpractical when you consider what you're talking about. It's basically "hey look I have this hard-to-use currency worth $15,000 that I can exchange in small amounts" and "hey I have this easy-to-use hard-to-break-down brick worth $15,000 I have to exchange all at once".

It's not simple like that.

[DomainMagnate]

Everyone on the planet thinks gold=money.

A handful of libtards and techno geeks think Bitcoin=money.
The rest of the world thinks Bitcoin=crime.

You tell me, is gold better than Bitcoin? If you were stuck in a foreign country would you rather be carrying a paper wallet worth $15k or one pound of gold worth $15k.

Here's my choice:

I think both bitcoin and gold are good investment and one should not ignore other at the cost of one.If you are travelling,bitcoin paper wallet is better to carry but make sure it is not illegal in your visiting country and there are merchants that accept bitcoin

[tabas]

I think both bitcoin and gold are good investment and one should not ignore other at the cost of one.If you are travelling,bitcoin paper wallet is better to carry but make sure it is not illegal in your visiting country and there are merchants that accept bitcoin

For me they are really both good type of investments but of course gold is going to be on the first list. As the people are really thinks that gold has the supreme value of all time. But I will going to go with bitcoin as I can see it is going to be the next gold or let's say that this is going to be the digital gold of the modern era.

[bitcoinhopper]

I do not think that you can even really compare them with each other, they are both very different the gold one is physical and the bitcoin is digital and has another target too, I think we cannot compare them..

[klf]

I do not think that you can even really compare them with each other, they are both very different the gold one is physical and the bitcoin is digital and has another target too, I think we cannot compare them..

But if you're an investor then can consider it both as different assets and compare your investment returns after some time right? Whether it is physical or online it doesn't matter in investing but what is important is how much profit we made over the time is very important in investing. So think we can compare both and I like both of them because both got different advantages and invested in both.