Gold Versus Bitcoin?

[CoinsCoinsEverywhere]

Will bitcoin overtake gold’s place?
It might be the case investors and adopters will use both gold and bitcoin, revealing either/or debates to be more about blackening bitcoin’s reputation than substantial analysis. Legacy banks usually prefer status quo to radical innovation.
Are you hedging in preference to bitcoin over gold?

Bitcoin has already overtaken gold in terms of pricing and profitability. Bitcoin's volatility and it being decentralize is its major asset.

In terms of value, gold has been surpassed long back. But in terms of capital market as well in terms of user network we're yet to travel long. Gold as an commodity has been making it more valuable as it's not widely available. Here with bitcoin the technology generates the supply to the demand. Based on which volatility becomes an issue with gold users while bitcoin users love the volatility.

What do you mean by this?  Bitcoin's supply is ultimately fixed (as long as the developers/community never decide to increase it, but that's another debate for another time).  In fact, while gold is rare and expensive to mine, its supply is less fixed than bitcoin as more gold deposits are continually being discovered.

You are so wrong. There are so many gold in the world that everyone can have it more than 1 kilo. But it's not profitably for monopolistic govorments that has power so they lower supply artificially to upper price for it and to have control on it.

If you google how much gold has been mined globally, you'll find that it's much less than that.  It sounds like it's hard to estimate the exact amount (which isn't surprising, of course), but if you look at the 2011 numbers here: http://www.numbersleuth.org/worlds-gold/ they estimate that there's only around 24 grams of gold per person on the planet.  Even if they're off by a little bit, that's nowhere close to 1 kg.

[iqlimasyadiqa]

Bitcoin for short term
Gold for long term
Both are really good as an investment and both have their own unique features so instead of depending on one its good to invest in both of them.

I agree with you . That both are a good investment. which distinguishes only its use and timing. gold is a very good investment if done in the long term because gold has a good level of security and the risk of price reduction is very small while in a short time then we can take advantage of Bitcoin as a very profitable investment. Both can be utilized in accordance with the conditions that we passed. We should be able to put it right because when we can put it right then we can get a satisfactory result in both.

[vickycoin05]

Bitcoin for short term
Gold for long term
Both are really good as an investment and both have their own unique features so instead of depending on one its good to invest in both of them.

I agree with you . That both are a good investment. which distinguishes only its use and timing. gold is a very good investment if done in the long term because gold has a good level of security and the risk of price reduction is very small while in a short time then we can take advantage of Bitcoin as a very profitable investment. Both can be utilized in accordance with the conditions that we passed. We should be able to put it right because when we can put it right then we can get a satisfactory result in both.

After all, gold is a historical store of value and is recognized all over the world but considering the huge appreciation of bitcoin an analysis of these two is more than warranted. So I may say that linaeup with an analysis vs gold analysis and be careful not to engage in wishful and lastly, focus on the facts and risk.

[supandi wiharja]

I think gold or bitcoin both have good potential. But the difference between the two does exist, gold has a real shape while the form of bitcoin is digital or can not be seen.
The characteristic of bitcoin has in common with gold, is just as limited, not produced or controlled by individuals or corporations.
I think someone is more confident with gold, because gold is long there while the existence of new bitcoin is in 2009.
I prefer gold for safe investment because its value is not too volatile while bitcoin investment is risky, its value fluctuate but quickly gain profit.

[Blockfolioz]

Bitcoin for short term
Gold for long term
Both are really good as an investment and both have their own unique features so instead of depending on one its good to invest in both of them.

I agree with you . That both are a good investment. which distinguishes only its use and timing. gold is a very good investment if done in the long term because gold has a good level of security and the risk of price reduction is very small while in a short time then we can take advantage of Bitcoin as a very profitable investment. Both can be utilized in accordance with the conditions that we passed. We should be able to put it right because when we can put it right then we can get a satisfactory result in both.

After all, gold is a historical store of value and is recognized all over the world but considering the huge appreciation of bitcoin an analysis of these two is more than warranted. So I may say that linaeup with an analysis vs gold analysis and be careful not to engage in wishful and lastly, focus on the facts and risk.

Yes, gold has got a great history behind it making it more valuable and universally accepted. The same years if when backed behind bitcoin all that we have reached will be much higher. Hoping this in mind bitcoin seems better at some point and gold looks valuable in some other factor.

[Greenkarki]

Will bitcoin overtake gold’s place?
It might be the case investors and adopters will use both gold and bitcoin, revealing either/or debates to be more about blackening bitcoin’s reputation than substantial analysis. Legacy banks usually prefer status quo to radical innovation.
Are you hedging in preference to bitcoin over gold?

it take gold place Because

1) it can divided to small parts like 1 $

2) price more than gold

I would go with Bitcoin now. The price would definitely increasing in future still. Though there is dip at times,  it does not go down drastically. It recovers back to a genuine rate. So I believe in investing in bitcoins as of now.

[jackhdt]

We must go back to discuss philosophy. The currency used for the expression and measure the value of the goods. Want to measure the value of the goods, the currency itself must also have the value. So functional currency as a measure of value is Gold.To measure the value of the goods is not required to be cash that need only compare with the amount of gold in the idea. And Bitcoin is a currency, namely the digital money so the present value of Bitcoin is weighs in gold.

[CoinsCoinsEverywhere]

I think gold or bitcoin both have good potential. But the difference between the two does exist, gold has a real shape while the form of bitcoin is digital or can not be seen.
The characteristic of bitcoin has in common with gold, is just as limited, not produced or controlled by individuals or corporations.
I think someone is more confident with gold, because gold is long there while the existence of new bitcoin is in 2009.
I prefer gold for safe investment because its value is not too volatile while bitcoin investment is risky, its value fluctuate but quickly gain profit.

The fact that gold is a tangible asset makes it much more universally appealing.  Technology is certainly the way of the future, but it has its limits.  You have to have a computer, electricity, and an internet connection to be able to use bitcoin.  Under some circumstances (power outage, natural disaster, etc.), you may be lacking one or more of these, making cryptos useless, at least for a time.

[Nazmul012]

 bitcoin price raises so fast & bitcoin gives us a chance to make a lot of profit from it but besides gold price raises so slowly & gives us low profit than bitcoin. furthermore bitcoin have some more facilities but gold haven't. i think that's people would like to investment with bitcoin than gold. and thus its possible to btc overtake gold place

[Ararbermas]

bitcoin price raises so fast & bitcoin gives us a chance to make a lot of profit from it but besides gold price raises so slowly & gives us low profit than bitcoin. furthermore bitcoin have some more facilities but gold haven't. i think that's people would like to investment with bitcoin than gold. and thus its possible to btc overtake gold place

indeed bitcoin is in a high value than gold now adays. Thats why some of people decide to invest in bitcoin instead of gold cause gold value now adays is to cheap. And investing on bitcoin can makes alot of profit even not long term investment we have a chance to earn much profit cause even bitcoin always volatile its keep climbing to higher value.

[Nazmul012]

bitcoin price raises so fast & bitcoin gives us a chance to make a lot of profit from it but besides gold price raises so slowly & gives us low profit than bitcoin. furthermore bitcoin have some more facilities but gold haven't. i think that's people would like to investment with bitcoin than gold. and thus its possible to btc overtake gold place

indeed bitcoin is in a high value than gold now adays. Thats why some of people decide to invest in bitcoin instead of gold cause gold value now adays is to cheap. And investing on bitcoin can makes alot of profit even not long term investment we have a chance to earn much profit cause even bitcoin always volatile its keep climbing to higher value.

yes mate you are right and I'm agree with your opinion.  really bitcoin is the best currency and its like money maker machine.  wanna earn some more profit from it

[Collider]

bitcoin price raises so fast & bitcoin gives us a chance to make a lot of profit from it but besides gold price raises so slowly & gives us low profit than bitcoin. furthermore bitcoin have some more facilities but gold haven't. i think that's people would like to investment with bitcoin than gold. and thus its possible to btc overtake gold place

Even gold is good as an investment but if you want to make best profits from it then you need to wait for a very long time and that is not the case with bitcoins as it can give you very high profits in quick time and that also with an limited investments so at this stage if I have to invest my money then I will surely prefer bitcoins over gold as I don't have patience to hold my investments longer to make profits from it.

[hahahafr]

I dont understand why some people are still creating those kind of stupid comparations, it is obviously that gold will always be better than bitcoin because it has been a real currency for more than centhuries, and a lot of countries are using gold as a real reserve to keep their funds backed-up with something safe, like gold.
And we all know that gold is not volatile, it is going up by at least 2-3 percent a year and that is enough for a lot of people, it is not going to go down for a while.
Maybe it is one of the most safest investments, and the best way to hold your money while you are growing it at all.

[hovrah]

bitcoin price raises so fast & bitcoin gives us a chance to make a lot of profit from it but besides gold price raises so slowly & gives us low profit than bitcoin. furthermore bitcoin have some more facilities but gold haven't. i think that's people would like to investment with bitcoin than gold. and thus its possible to btc overtake gold place

Even gold is good as an investment but if you want to make best profits from it then you need to wait for a very long time and that is not the case with bitcoins as it can give you very high profits in quick time and that also with an limited investments so at this stage if I have to invest my money then I will surely prefer bitcoins over gold as I don't have patience to hold my investments longer to make profits from it.

I would not talk about the real market value of gold and its comparison with Bitcoin, because gold has a very different value that Bitcoin does not have. The fact is that even the physical body of gold already provides an opportunity to talk about the minimum risks of investment in this metal. While Bitcoin is practically a soap bubble and does not have any equivalent of a product or something like that. But the fact that bitcoin is today is almost the most expensive thing in the world.

[Thanasis]

I dont understand why some people are still creating those kind of stupid comparations, it is obviously that gold will always be better than bitcoin because it has been a real currency for more than centhuries, and a lot of countries are using gold as a real reserve to keep their funds backed-up with something safe, like gold.
And we all know that gold is not volatile, it is going up by at least 2-3 percent a year and that is enough for a lot of people, it is not going to go down for a while.
Maybe it is one of the most safest investments, and the best way to hold your money while you are growing it at all.

Ofcourse gold is safer than than the bitcoin investment the price will increase 2% or 3% per year as you said but when we see the growth of the bitcoin last year its upto $1000%.So do you still think gold is better.
In terms of investment which is giving the high profits in little time is the better investment,in old days gold did that because bitcoin was just invented in 21 century.Now bitcoin is giving the good profits than the gold or any other investments so i will say its is the best investment over gold.

[gatti]

bitcoin price raises so fast & bitcoin gives us a chance to make a lot of profit from it but besides gold price raises so slowly & gives us low profit than bitcoin. furthermore bitcoin have some more facilities but gold haven't. i think that's people would like to investment with bitcoin than gold. and thus its possible to btc overtake gold place

indeed bitcoin is in a high value than gold now adays. Thats why some of people decide to invest in bitcoin instead of gold cause gold value now adays is to cheap. And investing on bitcoin can makes alot of profit even not long term investment we have a chance to earn much profit cause even bitcoin always volatile its keep climbing to higher value.

yes mate you are right and I'm agree with your opinion.  really bitcoin is the best currency and its like money maker machine.  wanna earn some more profit from it

To me Bitcoin is always better than a  Gold.If you want to inverse means bitcoin is best compared to gold I think. In bitcoin you will get double or triple of money you inverse in it.

[Casabrandy]

bitcoin price raises so fast & bitcoin gives us a chance to make a lot of profit from it but besides gold price raises so slowly & gives us low profit than bitcoin. furthermore bitcoin have some more facilities but gold haven't. i think that's people would like to investment with bitcoin than gold. and thus its possible to btc overtake gold place

indeed bitcoin is in a high value than gold now adays. Thats why some of people decide to invest in bitcoin instead of gold cause gold value now adays is to cheap. And investing on bitcoin can makes alot of profit even not long term investment we have a chance to earn much profit cause even bitcoin always volatile its keep climbing to higher value.

yes mate you are right and I'm agree with your opinion.  really bitcoin is the best currency and its like money maker machine.  wanna earn some more profit from it

To me Bitcoin is always better than a  Gold.If you want to inverse means bitcoin is best compared to gold I think. In bitcoin you will get double or triple of money you inverse in it.

gold still have value as of now and good for investing for long term, it hust thant coins were much easier to use now for transactions and it will be much better to monitor than gold that needs too much security and effort to save.

[Hateculd75]

Gold have it place but only government and rich men can invest in gold so that yes bitcoin will replace gold for public (medium and high income people )
Gold is god money and bitcoin is people money, using bitcoin will give you freedom from govenment and others that want you to pay more taxes all over your life.
we need both bitcoin and gold. gold for save our money and bitcoin for investing and generate more money.

Buy gold buy bitcoin

[sofi@]

I think sooner bitcoin will overtake gold market. The growing demand and wider popularity of bitcoin makes it the top investment of today's. Gold will still be a good thing to invest and has become stable for a long period now but bitcoin starting to become a big hit with its very promising value appreciation which gold did not experience in its existence. If government will support bitcoin it can be more in demand and valuable.