Bitcoin vs. Gold Prices

[wuvdoll]

For me I am gonna support the investment in btcs because btcs can make us rich in a moment and that's exactly what I want

If we make a comparison in between the market prices of bitcoin and that of gold only, then we will get to know that it is the market prices of bitcoin which are far more than that of gold and that they are also increasing at a very rapid rate. The price of gold is very much stable since long and that it is not helping its investors in making of any significant amount of money as well. You need to think well and make a smart decision.

Even in just few years, we all know the impact bitcoin has created for investors and which I am sure gold has not even been able to beat that at all since all the years it has been in existence. I would rather prefer putting my bet more on bitcoin than gold, not like I have any gold anyway.

Although, for security and for safety reasons or not bothering about having a problem with your investment, gold is more of an established asset, but early adopters in a great future, I would not miss that for anything.

[polaman]

bitcoin and gold have their respective weaknesses, I think bitcoin is faster to gain profit in investing,but bitcoin prices are also very difficult in the guess,compared to a more stable gold price..

[frowsiter]

Both the things are different. I'm not sure why this comparison even exist. I mean bitcoin is product of blockchain that exist as decentralised entity and thus works mostly based on public ledger and investor base. It's value comes from there and it also doesn't carry any sort of taxes to change its value at the end user point. While gold is differently mamaged.. it's value comes from the cost of investment that is done on the extraction process, it includes different government charges and taxes and thus it gets the value that we see for it. You guys really think they are comparable with the value they have got. It will be versatile always.

[Alalex]

If this we prove that all this is almost the same only gold raw goods and bitcoin is digital money.

Between gold and bitcoin we can use to increase our income, bitcoin is also easy to invest digital gold money is also easy to invest the world.

Jaf price comparison of gold and bitcoin almost the same no 0.5 kg difference in the price of gold equivalent to 1 bitcoin so there is no effect of changes to gold in the development of cripto money.

So far I am also wrong to know the difference in the price of gold and bitcoin turns out these two places of investment are the same no different in the price of the exchange rate.

Although bitcoin prices are now down and have not gone up anyway, the bitcoin price is equivalent to gold, and so if bitcoin rises again it will not change the exchange rate of gold and bitcoin.

But there is one thing we must know that if we invest with bitcoin we can get a big advantage if we are lucky but could also we suffered huge losses if we do not see the statistical details of cripto money market price changes, this is the way we need to pay attention to invest money cripto not just indiscriminately medeposit then make withdrawal without seeing the value of cripto money exchange price in cripto money market.

so before investing cripto money, gold and cash we should see the first price before investing.

[ocid]

bitcoin and gold have their respective weaknesses, I think bitcoin is faster to gain profit in investing,but bitcoin prices are also very difficult in the guess,compared to a more stable gold price..

bitcoin price is very difficult to predict, but many people who feel the benefits of this type of investment. if we can compare the two types of investment of bitcoin and gold, they are both at risk of their respective advantages and disadvantages. gold has more stable value and the risk is not too high, but can be easily falsified. while bitcoin is obviously very profitable but has a very big risk and can not be falsified.

[Hell-raiser]

None of us know what the future holds for anything, but investing in bitcoin so far is a risk worth taking than gold. Gold is not even that risky anyway considering it is an asset you can sleep and forget about, but still I prefer to go with a new technology that is changing a lot of things, which as a part of the early adopters, I stand to gain much.

It has been explained multiple times already but it is always worth repeating. People investing in Bitcoin and people investing in gold are two different groups of people, two very separate cohorts of investors. Folks investing in Bitcoin are looking for high profits and they are ready to accept the high risks inseparable from such investments. On the other hand, gold investors (so-called gold bugs) are not looking so much for profits as for saving their wealth and capital from depreciation and devaluation over time.

Bitcoin is now the most popular coin in all over the world because of the big profit returns . Gold is considered a good investment transaction that takes less risks but slight in value. Bitcoin is much better because we can earn good moneys without investing any value ,people are usually has an advantages on bitcoin because of the opprtunities they developed like signature campaign. Bitcoin is high in risk but eventually useful in everything. So far for now bitcoin has a good investment method than  gold.

You can't say that Bitcoin is much better in itself. If anything, it had been better during the last two years, but these days (years) may already be over by now. But it is not even only that. You can't possibly say that some asset is better than another judging only by its profitability. You should also take into account the risks connected with it. Some people may be more risk-averse than others, while some other people may not even be looking for profits at all. They may just want to preserve the value of their wealth via risk-free assets such as gold.

[favelle75]

Trump is pumping gold prices and this will help to bitcoin price soon.
we need btc-gold correction to pass 12000 usd for bitcoin

[zwiggel]

At present bitcoin prices are much higher than gold. I think this is reasonable because gold is under state management and bitcoin is not. Bitcoin is a target for high profit investors. I am also investing in bitcoin.

[rext]

Yes, gold is not interested investors, bitcoin has attracted many investors. Its price fluctuates so much so many people invest in bitcoin. The return on investment in bitcoin will be more when investing in gold

[markj113]

Yes, gold is not interested investors, bitcoin has attracted many investors. Its price fluctuates so much so many people invest in bitcoin. The return on investment in bitcoin will be more when investing in gold

If gold does not attract investors then why is bitcoin only about 0.1% of golds market cap?

[Hell-raiser]

Yes, gold is not interested investors, bitcoin has attracted many investors. Its price fluctuates so much so many people invest in bitcoin. The return on investment in bitcoin will be more when investing in gold

If gold does not attract investors then why is bitcoin only about 0.1% of golds market cap?

Maybe, because most of gold, which is still included in its market cap, is used as jewelry and not for investment purposes? Besides, something like 20% of all gold is hoarded by central banks and organizations such as the IMF. On the other hand, we shouldn't forget about the huge gold derivatives market like gold futures, options, ETF's and whatnot, while Bitcoin's derivatives market is outright pathetic and unlikely to become very popular in the future.

[spadaccino]

Well, familiar question but indeed very common between peer at the bar.

If BTC is following the stock price, and gold do the opposite, how can we compare such a different things ?

I mean, they have a scarcity in common but one has been out there for thousends of years, and the other is brand new in comparison. BY comparing two thing you need a ground that at least has something in common , am I right ?

So what are we talking about ?

[Streamlink]

Bitcoin Prices and Gold Prices are certainly very different at all. If the price of Bitcoin up and down very quickly. While the price of Gold increment is not like Bitcoin, it must take a long time.

There is a prominent difference in between the prices of the gold and that of bitcoin. The market value of gold is somehow very much stable and that we haven’t experienced any significant change in the market value of the bitcoin since a long period of time. Bitcoin on the other hand has a very visible change in the market value and that its market value is increasing very much significantly.

[esprit man]

All people want to earn money. People earn a lot of money, to earn money, a lot of trouble. Everyone wants to live their life beautifully. There is a lot of needs in everyone life, money needs to fill the needs. People invest a lot of money for the income. Talking about current time bitcoin and gold. So we have to worry, we will be benefitted a little longer in investment.

People are very much benefited by investing in gold. Gold is the best used for the decorator. Sometimes it's price decreases, but the price of most of the time increases.

Bitcoin investment is a family's extra income. Bitcoin can fulfill all kinds of dream of a man. It is price decreases. For example, bitcoin market is much lower now. Now we can invest. Maybe there will be less prices for a few more days. Bitcoin will be invested with patience. It is price increases. After 2-3 months, it is price will be very high. After many days the price will increase, the average of gold will be 3 times higher as the bitcoin investment. There is a risk to everything. So take your risk. You will benefit from investing in gold. However, you will get a lot of benefits in investing of bitcoin.

[manismanja]

of course bitcoin prices will always increase if bitcoins have very limited availability if bitcoins have very much availability as gold is definitely a very stable price movement and will gain a little profit therefore I prefer the bitcoin that is proven to have a price movement can make you get a lot of profit.

[Hell-raiser]

Well, familiar question but indeed very common between peer at the bar.

If BTC is following the stock price, and gold do the opposite, how can we compare such a different things ?

I mean, they have a scarcity in common but one has been out there for thousends of years, and the other is brand new in comparison. BY comparing two thing you need a ground that at least has something in common , am I right ?

So what are we talking about ?

People want to think of Bitcoin as a new gold. Really, everyone knows that gold is rock solid (and heart touching), so by comparing Bitcoin to gold (putting these two assets at the same level or in the same department), they feel more confident about the future of their favorite coin. In short, it gives them faith. Now that the prices of crypto have plunged dramatically, they desperately need that.

[BobK71]

This is an old story about gold being negatively affected by paper gold. There are enough perfectly viable arguments that support the view that paper gold actually props up the value of the real one. If anything, gold derivatives add to speculation, but speculation attracts people looking for easy money. Obviously, gold prices are set to rise under these circumstances. Just like it happens with Bitcoin and other cryptocurrencies.

Sorry, but you simply can't be serious that paper gold props up and not suppresses the price of gold.

When you increase the effective supply of anything, you reduce the price.  Simple as that.  (Unfortunately, many gold investors are still blind enough to believe paper gold equals the real thing, thus the increase in effective supply.)  The trust in paper gold is propped up by the size of institutions behind the paper, so that market is in effect a microcosm of money itself -- an elite inflated bubble, if possibly a long-term one.

[BobK71]

Well, familiar question but indeed very common between peer at the bar.

If BTC is following the stock price, and gold do the opposite, how can we compare such a different things ?

I mean, they have a scarcity in common but one has been out there for thousends of years, and the other is brand new in comparison. BY comparing two thing you need a ground that at least has something in common , am I right ?

So what are we talking about ?

The stock market (anti-) correlation is interesting but a short term phenomenon IMO.  In this discussion we have to look at fundamental issues.

Both gold and Bitcoin are non-state-issued money (ie unless you subscribe to the theory that the Fed secretly created Bitcoin -- but even then you have to treat it as non-state money for now, since that is how the elites want to pretend it is, and the elites still have a lot of power in this area.)

They are not subject to the perverse incentives for the politicians and (central) bankers to issue more and more for short-term benefit, and to use state power to prop up the value of the money and the other financial assets resting on top of it.

They are both free from being a liability of any entity, and they both provide ways to get around capital controls by a government, by not using the electronic money transfer systems.

Most importantly, they both represent a store of value that is free from the long-term inflationary state money system that is designed to benefit the elites but erode the wealth of savers (and do even worse to small debtors and developing countries, long term.)

Thus, even on a societal level, they provide the benefits of a more stable financial system and economy, and help reduce the long-term problems of exploitation, inequality, wars and conflicts that spring inherently from a purely debt-based money system.

[Granxis]

Well, familiar question but indeed very common between peer at the bar.

If BTC is following the stock price, and gold do the opposite, how can we compare such a different things ?

I mean, they have a scarcity in common but one has been out there for thousends of years, and the other is brand new in comparison. BY comparing two thing you need a ground that at least has something in common , am I right ?

So what are we talking about ?

People want to think of Bitcoin as a new gold. Really, everyone knows that gold is rock solid (and heart touching), so by comparing Bitcoin to gold (putting these two assets at the same level or in the same department), they feel more confident about the future of their favorite coin. In short, it gives them faith. Now that the prices of crypto have plunged dramatically, they desperately need that.

I liked the your vision, maybe people want to trust Bitcoin and imagine that it will protect its value in time. Bitcoin with power and durability is similar to gold. In addition; they are similar to Bitcoin because they are usually generable.

[BobK71]

we shouldn't forget about the huge gold derivatives market like gold futures, options, ETF's and whatnot, while Bitcoin's derivatives market is outright pathetic and unlikely to become very popular in the future.

I would never buy paper gold.

The entire investment thesis for gold is that your government may (effectively) devalue currency against gold in a financial crisis by trying to inflate away the debt.

Unless you're a multi-decade holder, the probability of this coming true is low, on a day to day basis, especially in the developed world.  But when it does pay off, your gains are likely much better than standard investments like stocks, bonds, and deposits.

But that is the very time when your paper gold will be under the most stress and be most likely to default.

So, as I wrote before,  buying gold is like playing a hand of poker where you invest in a small chance of hitting a big hand and winning a lot.  But paper gold has a special clause that says, that is the very scenario where you can't collect!

And the same holds for Bitcoin.  But I'm willing to bet that paper Bitcoin will take off -- it's early days yet and the authorities are being careful since this new market is so full of shady dealings.

To me this is in the 'sad but true' category.  There is even less reason to buy paper Bitcoin than paper gold, since the safe storage and moving of Bitcoin is much easier, in addition to all the other, similar, issues.  But, people will pile into them.  The sad truth is that people almost seem to want to be taken by the elites, if not by swindlers as well.