Bitcoin is better than gold

[Valentina N]

Hello! It's all depends who are you, what you want and why you ask! Uses of Gold in Industry, Medicine, Computers, Electronics, Jewelry etc. Can you make rings from bitcoin? Or Are you ask as an investor? Or what?

[Doell]

Indeed bitcoin is better than gold but bitcoin is not like gold, the difference is gold with bitcoin because gold is shaped and precious but it is one of the wealth of the country that will never run out, while there are after gold has existed since antiquity, And gold has a stable price even though bitcoin price exceeds gold but one day will disappear not the same as gold that will always last forever.

[coinbitrade]

You can not compare gold and bitcoin. Gold fulfills its functions for the person and bitcoin its. Gold in the first place is a tangible asset. And no one sees bitcoin. Today he is and tomorrow he is no more

[AJO1234]

For me Bitcoin and Gold are not similar although they have a price but they have different characteristics. Gold is very precious and tangible asset and also we get in mining unlike bitcoin it have unstable price when you invest in a long-term. Bitcoin no one can sees.

[ambisyon]

For me Bitcoin and Gold are not similar although they have a price but they have different characteristics. Gold is very precious and tangible asset and also we get in mining unlike bitcoin it have unstable price when you invest in a long-term. Bitcoin no one can sees.

In my opinion both are good assets, the difference is that gold price value is much stable and volatility is less compared to bitcoin. On the other hand, bitcoin's price is still continuing to grow and up to what extent no one knows but surely once the most awaited bullish pump will happen sometime this year definitely it will be great as profit gain would be more sufficient to investors.

[yhnshjka]

It depends on your mentality which one is better
Here are some facts they are worth your time check them
Gold
Unlike paper currency, coins or other assets, gold has maintained its value throughout the ages. People see gold as a way to pass on and preserve their wealth from one generation to the next.
The price of gold remains stables comparatively when price of other currencies falls
its price tends to rise when the cost of living increases.
As we are moving towards new century the cost of living is increasing exponentially
It's a crisis commodity you can sell it instantly for cash that is the reason Indians have lot's of gold in Thier house holds
Demand for gold has also grown among investors. Many are beginning to see commodities, particularly gold, as an investment class into which funds should be allocated
gold has historically had a negative correlation to stocks and other financial instruments. Recent history bears this out:
The 1970s was great for gold, but terrible for stocks.
The 1980s and 1990s were wonderful for stocks, but horrible for gold.
2008 saw stocks drop substantially as consumers migrated to gold.
Gold should be an important part of a diversified investment portfolio because its price increases in response to events that cause the value of paper investments, such as stocks and bonds, to decline. Although the price of gold can be volatile in the short term
 
Bitcoin

the value of bitcoin is not strongly correlated neither with the stock market nor national currencies.
Bitcoin may in fact benefit from the collapse of the traditional economy which means that it is smart to diversify some funds into bitcoin.
the daily amount of new bitcoins created will halve from 3 600 bitcoins to 1 800 bitcoins.
This is a fixed rule set in the Bitcoin protocol since the beginning and it activates approximately every 4 years.
As a currency bitcoin is very different to national currencies such as the dollar or the euro.
Bitcoins can’t be created out of nothing and the amount of bitcoins is predetermined and strictly regulated by the protocol itself. The maximum amount bitcoins is 21 million and there will simply be no more
Bitcoin is digital cash and any attempts to remove actual cash will increase the demand of bitcoin
The usage of Bitcoin is increasing rapidly all over the world
The new uses of bitcoin are constantly increasing

These are some facts read them both and then take your decision

Both Bitcoin and gold are decentralized, irreconcilable, non-increasing, scarce, and limited in yield and untraceable, but all the performance of Bitcoin is superior to Bitcoin. Why believe that Bitcoin is better than gold?

[reality18]

From an investment point of view, bitcoin is more about gold than it is about other currencies. That's because as an asset, bitcoin and gold have a lot in common. Both are limited to supply, both have functions to use, and many believe that, despite their large price fluctuations, they remain a good store of value. Compared to gold and currency investment returns in the past five years, the currency's performance is far better than the so-called precious metals, gold year loss than 6%, the currency of the annualized rate of return is 155%. These rich returns show that bitcoin has excited investors about the prospect of putting money into such a new asset class.

Compared with the gold standard, the value of the currency rising and proven performance, investors can be used to measure the investment of the world's leading digital currency future opportunity and risk indicators.

Bitcoin and gold are two different assets which are equally good. Each has its own market capitalization due to their values and demands. The difference between these two assets is a thin line perhaps in terms on their trading and volatility. Bitcoin trading seems to be easily done due to the decentralized blockchain technology. One can send and receive Bitcoin at the comfort of his home in just some few seconds - gold does not offer such fast and smooth trading. On the other hand, the price of gold seems quite stable than bitcoin hence makes investors of gold much sure about the market value than Bitcoin.  

[iconternal]

Gold is great for investment but has a sluggish price increase, and bitcoin is better than gold if I make an investment in my opinion even though it has a big risk, because the increase every year proves the benefits of bitcoin compared to other investments.

[smartbitcoininvestor]

Gold is a dependable store of value and will only gain value in times of a crisis. It works as a great hedge against fiat currencies considering how their price movements have flip-flopped since the dollar was taken off the gold standard.

Bitcoin is a limited supply of value that will only increase in value as more people and services adopt it.

They are both contrasts when compared to the dollar but very different kinds of store of value.

[KrishaBitcoin]

From an investment point of view, bitcoin is more about gold than it is about other currencies. That's because as an asset, bitcoin and gold have a lot in common. Both are limited to supply, both have functions to use, and many believe that, despite their large price fluctuations, they remain a good store of value. Compared to gold and currency investment returns in the past five years, the currency's performance is far better than the so-called precious metals, gold year loss than 6%, the currency of the annualized rate of return is 155%. These rich returns show that bitcoin has excited investors about the prospect of putting money into such a new asset class.

Compared with the gold standard, the value of the currency rising and proven performance, investors can be used to measure the investment of the world's leading digital currency future opportunity and risk indicators.

In talking of investments ofcourse Bitcoin is better not only to gold but to any other legal investments and businesses but in talking of assurance, i say Bitcoin will not guarantee you the earnings because of the price volatility and risk because the price is unpredictable. In addition Bitcoin cannot be used in time catastrophes like wars and the lost of internet unlike gold which is accepted by everyone.

[jeanpadel14]

Then there are a couple of advantages that make Bitcoin better than gold, at least for the millennial generation, which understands the digital currency better than the baby-boomer generation.

Unlike gold, for instance, Bitcoin is a convenient medium of payments around the globe, though for a limited number of transactions.

Then, there’s scarcity. Bitcoin supply is expected to be limited to 21 million. The supply of gold, on the other hand, is expected to increase anytime its price rises, as it provides an incentive for gold miners to mine for gold.

To be fair, gold has its own advantages, too. It can be used as an outright gift, to make jewelry, and in manufacturing of certain products.

[louie69]

From an investment point of view, bitcoin is more about gold than it is about other currencies. That's because as an asset, bitcoin and gold have a lot in common. Both are limited to supply, both have functions to use, and many believe that, despite their large price fluctuations, they remain a good store of value. Compared to gold and currency investment returns in the past five years, the currency's performance is far better than the so-called precious metals, gold year loss than 6%, the currency of the annualized rate of return is 155%. These rich returns show that bitcoin has excited investors about the prospect of putting money into such a new asset class.

Compared with the gold standard, the value of the currency rising and proven performance, investors can be used to measure the investment of the world's leading digital currency future opportunity and risk indicators.

In talking of investments ofcourse Bitcoin is better not only to gold but to any other legal investments and businesses but in talking of assurance, i say Bitcoin will not guarantee you the earnings because of the price volatility and risk because the price is unpredictable. In addition Bitcoin cannot be used in time catastrophes like wars and the lost of internet unlike gold which is accepted by everyone.

I think for now bitcoin is better compared to Gold since the price of bitcoin for now is unlimited where we still don't know up to how much it will grow and become stable. Gold price value is quite stable in comparison with bitcoin which is volatile in nature wherein the good side is that the price value may subject to increase further which is good for the investors perspective. Much greater profit gain when investing with bitcoin provide you should know the right timing on when to buy and when to unleashed your BTC's.

[sinichi homes]

the problem whether or not depends on how we see from which point of view! if in terms of price maybe bitcoin is superior to gold, but in terms of stability gold price is superior.

[amih]

the embodiment between bitcoindan gold is clearly very different but the greatness of bitcoin is Bitcoin has all the important aspects of gold, besides bitcoin Not produced and controlled by an individual, group or companythere are some advantages possessed by bitcoin. so the concept of bitcoin will certainly be better than gold and now bitcoin has the highest asset value.

[vladimirovleanid]

Such huge opportunities are also accompanied by greater security problems. At the same time, Bitcoin can provide very high levels of security if used correctly. Learn more about protecting your wallet.

[nicpaig]

From an investment point of view, bitcoin is more about gold than it is about other currencies. That's because as an asset, bitcoin and gold have a lot in common. Both are limited to supply, both have functions to use, and many believe that, despite their large price fluctuations, they remain a good store of value. Compared to gold and currency investment returns in the past five years, the currency's performance is far better than the so-called precious metals, gold year loss than 6%, the currency of the annualized rate of return is 155%. These rich returns show that bitcoin has excited investors about the prospect of putting money into such a new asset class.

Compared with the gold standard, the value of the currency rising and proven performance, investors can be used to measure the investment of the world's leading digital currency future opportunity and risk indicators.

For me, bitcoin is better than gold because we all know that it is a digital currency it is easy to earn you must have the guts, time, and patient not like gold, gold is a precious  thing that not easy to have u need a lot of money to convert it to gold, but today thanks to bitcoin currency in the future i can buy expensive things like gold.

[Alex Khvatov]

There are several factors that make it absolutely unable to replace gold as the standard of value or even be the dominating crypto-currency in the transactions of the future. Among the largest concerns are:

1) Bitcoin is highly volatile. Any economist knows that hyperinflation and hyperdeflation in currency significantly undermines the economy. Bitcoin has both practically within each week. Consumer motivations are skewed, and instead of making purchasing decisions (is this worth buying?) - they have to think of investment decisions (dump or hold).

2) Bitcoin is limited in emission. This is similar to the point above. Even if Bitcoin price reaches stability, once it hits 21,000,000 - it will no longer be possible to produce. Assuming that Bitcoin is used for transactions, that will cause rapid inflation of price in comparison to the growth of the global economy, making Bitcoin obsolete very dramatically and very fast.

3) Lack of motivation for verifying transactions. Once no more Bitcoin is emitted, miners will not get BTC in exchange for closing blocks. Some additional systems may come into place, so unlike the point above - this is a problem that can be overcome... but why would we need to overcome it, when there are crypto-currency without this inherent flaw?

4) Transaction commissions are very expensive. In basic terms, it won't make sense to use BTC to buy a can of Coke for $1 USD, by paying $4USD to facilitate the transaction.

5) Waiting times. In the current economy, waiting times of 30 minutes are too high for effective day-to-day transactions. Imagining standing at a store checkout for 30 minutes, just to wait for transaction to clear.

In short, volatility and miner motivations will not allow BTC to make gold obsolete. Those are only the causes inherent to Bitcoin. Other causes include the presence of crypto-currencies and that some of the economy will still remain centralised, as the economy mirrors the society. But I just wanted to talk about BTC here.

[poutgkj56]

Bitcoin and gold are very similar to each other, since they both have limited emissions. However, bitcoin is a more mathematical and regulated thing, unlike gold, which is mined and mined, without thinking about the consequences and that it is an exhaustible resource. Since Bitcoin is, in fact, mathematics, no one can influence it, because mathematics can not be changed. That's why bitcoin is more independent and self-regulating unlike gold.

Bitcoin has a lot of similarities with gold, and that is what investors think it can do well. You can have Bitcoin by downloading a series of digital codes to something like a USB flash drive. But you can't touch Bitcoin like gold, and Bitcoin doesn't sparkle.

[Romaniluna]

I think BTC better gold because it is future of crypto

[hoang_vannhan]

I think you can use BTC and Crypto coin to payment but gold is too hard