Bitcoin or gold?

[Sithara007]

so we increased 10000x in 8 years if you want to put it in this way, which is already way too much...

Increasing the value from a very low base was easy. The exchange rates were lower than $0.001 per coin in 2009, and it increased by 1,000,000X in 2013.

But looking in a different perspective, the market cap rose from around $3,000 to $12 billion by 2013.

Here, the absolute increase is $12 billion.

On the other hand, the market cap of gold rose by $1.5 trillion during the same period.

[jossiel]

i think bitcoin is gold

In your own definition but before bitcoin is invention, gold has already existed.

Bitcoin is gold 2.0

That is how I'm treating with my bitcoin. It is the modern gold or should I say it is a virtual gold. Why? The same characteristic with gold.

For those people outside they will treat gold as precious and so we are here in world of crypto currency. We treat bitcoin the same thing, as it is precious to us.

And we are always wanting to have a lot of it just like with gold because we know that it can give us wealthy life.

[Unikol]

i think bitcoin is gold

In your own definition but before bitcoin is invention, gold has already existed.

Bitcoin is gold 2.0

That is how I'm treating with my bitcoin. It is the modern gold or should I say it is a virtual gold. Why? The same characteristic with gold.

For those people outside they will treat gold as precious and so we are here in world of crypto currency. We treat bitcoin the same thing, as it is precious to us.

And we are always wanting to have a lot of it just like with gold because we know that it can give us wealthy life.

I do the same. But I also use the bitcoin quite a lot.

[hawkins]

i think bitcoin is gold

In your own definition but before bitcoin is invention, gold has already existed.

Bitcoin is gold 2.0

That is how I'm treating with my bitcoin. It is the modern gold or should I say it is a virtual gold. Why? The same characteristic with gold.

For those people outside they will treat gold as precious and so we are here in world of crypto currency. We treat bitcoin the same thing, as it is precious to us.

And we are always wanting to have a lot of it just like with gold because we know that it can give us wealthy life.

I do the same. But I also use the bitcoin quite a lot.

I guess for now, people tend to choose bitcoin as a means of investment or business, it's because of the very high prices that are owned bitcoin, and the price can be obtained within a few years. I'm sure, a lot of people who think that bitcoin can be the source of their income. perhaps in the near future, bitcoin prices will rise again.

[mistanama]

i think bitcoin is gold

In your own definition but before bitcoin is invention, gold has already existed.

Bitcoin is gold 2.0

That is how I'm treating with my bitcoin. It is the modern gold or should I say it is a virtual gold. Why? The same characteristic with gold.

For those people outside they will treat gold as precious and so we are here in world of crypto currency. We treat bitcoin the same thing, as it is precious to us.

And we are always wanting to have a lot of it just like with gold because we know that it can give us wealthy life.

I do the same. But I also use the bitcoin quite a lot.

I guess for now, people tend to choose bitcoin as a means of investment or business, it's because of the very high prices that are owned bitcoin, and the price can be obtained within a few years. I'm sure, a lot of people who think that bitcoin can be the source of their income. perhaps in the near future, bitcoin prices will rise again.

That is right. The bitcoin will rise when more people buy it.

[chairul.muttaqin]

Gold is such as long term investment although it is secure, but we need big capital and long time to get significatnt profit, the price is litle bit more stable than bitcoin. But bitcoin is a currency that can be investment too, the user will get so many advantage of it include big profit.

[Estimated]

Gold is such as long term investment although it is secure, but we need big capital and long time to get significatnt profit, the price is litle bit more stable than bitcoin. But bitcoin is a currency that can be investment too, the user will get so many advantage of it include big profit.

Gold is just an investment. but bitcoin is also a currency.

[bajing]

Once bitcoin hits the gold parity... who knows what will happen.

Just to get a clear picture of our comparison how many kilos of gold are we comparing with bitcoins for us to make the right pick

You dont make the right choice , you make the most suitable choice for yourself. Some people will still choose gold over bitcoin because that gold is less volatile, some people just cant stand volatility and that is why. For some people that love to take risk, bitcoin is a good example as the price is going pretty high right now

Yes gold is still the main choice of the majority of people in the world and there are several people preferring gold as a profitable investment but seen they have the wrong see now bitcoin prices if you buy when the price is $ 700 bitcoin how you produce more or less almost 50%.

[rizkyhiw]

Gold is such as long term investment although it is secure, but we need big capital and long time to get significatnt profit, the price is litle bit more stable than bitcoin. But bitcoin is a currency that can be investment too, the user will get so many advantage of it include big profit.

bitcoin is considered as an investment too for some people
there is a lot of similarity between both , but bitcoin more to used digitally on internet
bitcoin much better in terms of have a lot of benefit like considered as currency too
make your transaction online easier and faster.

[Ayers]

i think bitcoin is gold

In your own definition but before bitcoin is invention, gold has already existed.

Bitcoin is gold 2.0

That is how I'm treating with my bitcoin. It is the modern gold or should I say it is a virtual gold. Why? The same characteristic with gold.

For those people outside they will treat gold as precious and so we are here in world of crypto currency. We treat bitcoin the same thing, as it is precious to us.

And we are always wanting to have a lot of it just like with gold because we know that it can give us wealthy life.

I do the same. But I also use the bitcoin quite a lot.

I guess for now, people tend to choose bitcoin as a means of investment or business, it's because of the very high prices that are owned bitcoin, and the price can be obtained within a few years. I'm sure, a lot of people who think that bitcoin can be the source of their income. perhaps in the near future, bitcoin prices will rise again.

they choose bitcoin as a meant of speculation, the value is driven by that only, it would be relevant to know how much the current utilization of bitcoin is helping the current value on the market, to see if bitcoin is really working as intended, like a currency, or just a pump and dump scheme

[RajaJudi]

Gold is such as long term investment although it is secure, but we need big capital and long time to get significatnt profit, the price is litle bit more stable than bitcoin. But bitcoin is a currency that can be investment too, the user will get so many advantage of it include big profit.

Gold is just an investment. but bitcoin is also a currency.

Are you out of your mind ? Gold is a saving method. When you buy gold, you can not earn any profit from it. The price which you think that gold increase is just the effect of the inflation. Bitcoin is totally different because it can be both currency and investment. That's the reason why Bitcoin is better than gold

[lOvE mE forEvEr]

Gold is such as long term investment although it is secure, but we need big capital and long time to get significatnt profit, the price is litle bit more stable than bitcoin. But bitcoin is a currency that can be investment too, the user will get so many advantage of it include big profit.

Bitcoin is also long term investment.

It was the same as the law of purchase, if many requests automatic prices rise, many stock prices down. It seems like the trend of price increase bitcoin will continue to happen, and it seems difficult to get down. Unlike the gold, if there are specific issues then could go down. To date there has been no issue that can make the price of the bitcoin down.

[mrbigmugs]

Gold is such as long term investment although it is secure, but we need big capital and long time to get significatnt profit, the price is litle bit more stable than bitcoin. But bitcoin is a currency that can be investment too, the user will get so many advantage of it include big profit.

Gold is just an investment. but bitcoin is also a currency.

i think you need to answer the appropriate answer to the question, to me i think i will select bitcoin, because to me bitcoin is really good for investment and making money because its price increase from time to time while gold is so stable and there we cannot expect such a good profit from gold.

[richardsNY]

Gold is such as long term investment although it is secure, but we need big capital and long time to get significatnt profit, the price is litle bit more stable than bitcoin. But bitcoin is a currency that can be investment too, the user will get so many advantage of it include big profit.

Gold is just an investment. but bitcoin is also a currency.

Gold is not only an investment, but also a store of wealth solution where it also functions as a fantastic hedge. I agree that when it comes to the currency aspect, that Bitcoin clearly has the main advantage here, but that doesn't mean gold can't be used as a currency tool as well. It's however not a convenient way of transacting. Don't forget that gold is also divisible.

[danherbias07]

Gold is such as long term investment although it is secure, but we need big capital and long time to get significatnt profit, the price is litle bit more stable than bitcoin. But bitcoin is a currency that can be investment too, the user will get so many advantage of it include big profit.

Gold is just an investment. but bitcoin is also a currency.

Gold is not only an investment, but also a store of wealth solution where it also functions as a fantastic hedge. I agree that when it comes to the currency aspect, that Bitcoin clearly has the main advantage here, but that doesn't mean gold can't be used as a currency tool as well. It's however not a convenient way of transacting. Don't forget that gold is also divisible.

Yeah. With its difference bitcoin might come up than gold. Because many are seeing it as a currency also unlike gold which is a commodity only a full investment purpose. With bitcoin there is a big difference, add up the fact to where you can send money thru it.

[jikurpa]

Gold is such as long term investment although it is secure, but we need big capital and long time to get significatnt profit, the price is litle bit more stable than bitcoin. But bitcoin is a currency that can be investment too, the user will get so many advantage of it include big profit.

Gold is just an investment. but bitcoin is also a currency.

Are you out of your mind ? Gold is a saving method. When you buy gold, you can not earn any profit from it. The price which you think that gold increase is just the effect of the inflation. Bitcoin is totally different because it can be both currency and investment. That's the reason why Bitcoin is better than gold

Gold is worldwide. In gold, price will be the same wherever you are where you are.

[farhaan]

I would always choose bitcoin than gold. Though gold has been for centuries, still bitcoin has potential to give good returns. You could see the tremendous rise in bitcoin price. It has not yet made upset any of its holders.

[1Referee]

I would always choose bitcoin than gold. Though gold has been for centuries, still bitcoin has potential to give good returns. You could see the tremendous rise in bitcoin price. It has not yet made upset any of its holders.

Investment wise Bitcoin is always the better option, but that doesn't mean you can't gain anything from Gold in a matter of a year or two. It all depends on the moment you enter and leave the market. If you make use of the volatility that even Gold is having, then I am fairly sure that you can gain a decent profit of 15-25% per year. For traditional investors 15-25% per year is a fantastic return. Other than Bitcoin, various stocks and FX, where do you get such returns? If you look at how conservative a lot people invest, then they mostly don't top the 5% of profit per year. Tell me, who is crazy here?

[kwuccduck]

I would always choose bitcoin than gold. Though gold has been for centuries, still bitcoin has potential to give good returns. You could see the tremendous rise in bitcoin price. It has not yet made upset any of its holders.

Investment wise Bitcoin is always the better option, but that doesn't mean you can't gain anything from Gold in a matter of a year or two. It all depends on the moment you enter and leave the market. If you make use of the volatility that even Gold is having, then I am fairly sure that you can gain a decent profit of 15-25% per year. For traditional investors 15-25% per year is a fantastic return. Other than Bitcoin, various stocks and FX, where do you get such returns? If you look at how conservative a lot people invest, then they mostly don't top the 5% of profit per year. Tell me, who is crazy here?

Gold before bitcoin always caused me a sense of stability in the financial plan. Even if the price of gold fluctuated all the time, it still does not affect the fact that gold investments are more reliable than others.

[andrew2k]

Bitcoin has in a way transcended from what it was meant to be. It is a currency but to many people or most of those that own Bitcoins it is an asset, it is a mean to trade and make profit. It is a rollercoaster-ish asset so to say, Gold might be as well but it doesn't really lose more than half of its value at any point but Bitcoin does. Gold is already well established and adopted worldwide (and also people will always love jewelry) so if you want something safe/secure, not that risky or that fluctuates go for Gold. If you want the possibility of getting extremely rich but also the risk of needing money and all you got is some 200-300$ Bitcoin that you paid 1000$ for, go for this one.