Bitcoin is comparable to gold

[hurriebra49]

Gold is not attracting now a days latest digital currency is on the top and almost every one wants to invest on bitcoin instead of Gold because bitcoin is more profitable coin instead of any other thing, Bitcoin price was few months before and bitcoin latest price shows you the difference and get your attraction.

[wantjokull]

This is not so obvious and the comparison is like in earth and sky. :-) The earth is obviously gold and sky is the bitcoin. I'm dam sure this race will be indifferent than anything or any asset in the world and stocks. Gold is centralised and bitcoin is decentralised that everyone knows and hence they are not controversial to compare each other.

[senne]

According to me Bitcoin is compared to gold because of the two reasons; first it is limited in nature as gold making both of them a limited commodity and second which is effect of first point is rising price over the time making both of them best investment over period of time. Due to this Bitcoin is also known as digital gold, because investment in Bitcoin is seen more profitable over a short span of time. But gold prices are still controllable by government or agencies in one form or other but Bitcoin is purely a decentralized system.

[ss890]

May be not, they are completely different things. Have you ever seen the prices of bitcoin and gold throughout last five years. Bitcoin surpassed the prices of every asset in the world within few years of time. The gold which we using since long time still not having that much market evolution as bitcoin did in such short period. I'm sure the case will never reverse itself in the long run too. With so many investors switching from gold to bitcoin will lead to more concrete returns to crypto currency lovers.