Gold exist 1000+ years. while bitcoins exist 10 years.

[icecube45]

I agree with your speculation that bitcoin will skyrocket but I think not only once but many times. Gold does exist first but the price is higher in bitcoin, this is natural because bitcoin has large fluctuations so prices can go up and down very quickly and in large quantities. While gold fluctuates in small amounts and fluctuations tend to be long and stable. So both are different and in bitcoin prices are higher because of the large fluctuations.

[ongkok87]

I don't like the two being compared they are two different investment although you can make a good profit holding Bitcoin than holding gold, there are tokens that are backed by gold and silver they are both a good investment any investor would like to have both.

it is true that both places are good for investment, but if I have to choose, surely I will choose gold, because the price is stable and very promising also for very long-term investments

[0t3p0t]

There are clearly a lot of people who have difficulty seperating bitcoin
from Gold. Gold has been worked in Ireland for example for approximately
4000 years.

Here are some examples of finds from the early Bronze age.

Discover the earliest Irish gold objects produced between 2400 - 1800 BC, such as discs and lunulae.



https://www.museum.ie/Archaeology/Exhibitions/Current-Exhibitions/Or-Ireland-s-Gold/early-bronze-age-gold

Gold is something physical, bitcoin is not.
Gold was a measure of wealth and status, bitcoin is an electronic payment system
Gold is a proven store of value, bitcoin is used by many as an unproven store of value

Yeah it is not a fair comparison between Gold and Bitcoin because of the fact that they have different technology and type of asset. Bitcoin is a decentralized asset while gold is a centralized one that is controlled by governments. This also the war between stable and volatile assets so it is too hard to tell which is important because we need them both though gold is much older than Bitcoin but nowadays Bitcoin becomes the new gold.

[devinks]

if I am required to choose these two promising investment places, I will choose gold from bitcoin, because the age of gold is longer than bitcoin so that in a long time I can get a big profit. and bitcoin is also good but only for investment in a maximum period of 2 years

[qwertyup23]

Gold exist for over a 1000+ years maybe? Bitcoin only 10 years. Also the internet existed about 25+ years. Bitcoin price is higher than gold by over 200%. I think the value of Bitcoin is going to sky rocket once again. When technology gets more advance n the Bitcoin system upgrades. Just another speculation.

Gold has existed ever since the world was created but its value value began when people started trading goods. Bitcoin, on the other hand, was published last 2009-2010 by Satoshi Nakamoto. Comparing both gold to bitcoin is like apples to oranges as they are different from one another, although they are both considered as investment instruments.

I don't like the two being compared they are two different investment although you can make a good profit holding Bitcoin than holding gold, there are tokens that are backed by gold and silver they are both a good investment any investor would like to have both.

Like what I have mentioned, one cannot compare gold to bitcoin as they have different properties and nature, although both are considered by investors as opportunities to gain large amounts of profits.

[shoreno]

if I am required to choose these two promising investment places, I will choose gold from bitcoin, because the age of gold is longer than bitcoin so that in a long time I can get a big profit. and bitcoin is also good but only for investment in a maximum period of 2 years

because the age of gold is longer than bitcoin so that in a long time I can get a big profit.

age of gold might be longer than bitcoin but did the gold's value increase alot ? i bet no .  gold value is still the same and stable while bitcoin's value got improve drastically over the past 10 year course . how much more if bitcoin runs longer , lets say another 10 years  ? the value can probably double  .

bitcoin is also good but only for investment in a maximum period of 2 years

why only 2 years  ? do you think bitcoin could die after this  ?  or do you think that the value can drop ? well bitcoin cannot die easily due to its usefulness .   though the value can sometimes drop but as long as the adoption increases  , the value can also recover  .

[Yutikas_11920]

I don't like the two being compared they are two different investment although you can make a good profit holding Bitcoin than holding gold, there are tokens that are backed by gold and silver they are both a good investment any investor would like to have both.

it is true that both places are good for investment, but if I have to choose, surely I will choose gold, because the price is stable and very promising also for very long-term investments

I think if you choose to invest in gold you should be able to have a lot of capital and must be able to have high patience because the gold price is very little.

[STT]

Gold has existed ever since the world was created but its value value began when people started trading goods

Gold existed before this world was created, I believe its only possible for this element to occur within a supernova which means no gold has been produced on earth its only here as a left over from the creation of this universe.  Where as things like diamonds are created on earth, even if slowly there is an ongoing source.   Gold and a few elements close to it are rare forever really, I dont think meteors etc are likely
Golds first use was jewellery imo

Gold is something physical, bitcoin is not.

Both a positive and a negative.  Bitcoin is decentralised, thats its main purpose ongoing to be independent of fixed factors and its far easier to transfer ownership instantly.    Gold is definitely part of the old system of paperwork needing to be filed.   They really arent close, neither is a negative in comparison to the other for me as they do not overlap especially

[romero121]

I don't like the two being compared they are two different investment although you can make a good profit holding Bitcoin than holding gold, there are tokens that are backed by gold and silver they are both a good investment any investor would like to have both.

it is true that both places are good for investment, but if I have to choose, surely I will choose gold, because the price is stable and very promising also for very long-term investments

I think if you choose to invest in gold you should be able to have a lot of capital and must be able to have high patience because the gold price is very little.

In recent days we've got the access to invest on gold same as that we do with other digital shares. In this way it is possible to invest into gold upon our funding ability. One thing that gold gives the user is the safety with its years back history with limited profiting on long run as the growth happens very little periodically. Bitcoin is way beyond gold, it is completely technology dependent and the same gives massive growth in short as well in the long term depending on the market situation. The same profit made through a small investment on cryptocurrencies take years through gold. The rest is upon the user, some prefer taking risk and earning big while some are satisfied with small earnings but expect to be on the safer side.

[Leonardo7]

The 1000years of gold existence is practically wrong. Gold is naturally existing in its pure form. This means gold has been here since creation and was equally discovered years ago, it has been used since ancient time. Bitcoin is just a created technology backed by a Proof-Of-Work. Man didn't create gold, but man created the bitcoin. They are just two different entities. 

[Irvinn]

bitcoin and gold units are different, so comparing them is a bit difficult. but indeed with the percentage of developments in both, bitcoin will be superior to gold, because it fits the needs of the mileneal community

the intrinsic value contained in gold has a forever value, while bitcoin is still not in a safe position to be compared as a long-term asset, but the circulation of transactions is faster than gold.

If referring to the millennial era, then bitcoin must at least be the same as fiat in the same regulatory system and this will not be seen in the next 5 years if market capitalization is still an important reference.

Gold has no intrinsic value and the same is true for everything else including bitcoin, people have the illusion that gold has intrinsic value because it has been valuable for thousands of years, but the value of gold comes from its use as money and its scarcity, but if something better than gold was created then gold could begin to lose some of that value, which is why some speculate that the market cap of bitcoin will grow because it will take money away from the gold market.

Doesn't gold have an inherent value? You what. are you laughing? Gold is very much appreciated as ordinary metal. It has a very high durability, because it does not give in to corrosion, is soft, it has a relatively low melting point. As a metal, gold is used in many areas of industry, and especially in electronics. This is a beautiful metal that is also used in jewelry for jewelry. Didn't you know that? And to say after this that gold has no intrinsic value? This cryptocurrency has a dubious intrinsic value, but not gold.

[Argoo]

It is necessary to use new technologies, including cryptocurrency to generate income, but to keep earned best in proven values, such as gold. Cryptocurrency and gold can and should complement each other. A smart person will use the best qualities of these two values, and not oppose each other. I can only say that as a means of accumulating value, bitcoin loses to gold because of its high volatility.

[brotherwood12]

you can not compare value of bitcoin with value of something like gold when they don't follow the same unit of measurement. it is like saying you are taller than 1 kilogram!
when you say value of bitcoin you are talking about value of 1.00000000 BTC and when you say value of gold you are saying value of 1 OZ of gold not 1 kilogram or 1 ingot, 1 grain, 1 troy ounce,... so first clarify why you are comparing the biggest unit of bitcoin (1 whole BTC) with smallest unit of gold and why aren't you using the smallest unit of bitcoin (1 satoshi) to do the comparison.

agree with this , cant compare pyhsic thing to "digital" thing , and this bitcoin and gold really have different on development and other

[horrifiedx1]

bitcoin and gold units are different, so comparing them is a bit difficult. but indeed with the percentage of developments in both, bitcoin will be superior to gold, because it fits the needs of the mileneal community

the intrinsic value contained in gold has a forever value, while bitcoin is still not in a safe position to be compared as a long-term asset, but the circulation of transactions is faster than gold.

If referring to the millennial era, then bitcoin must at least be the same as fiat in the same regulatory system and this will not be seen in the next 5 years if market capitalization is still an important reference.

Gold has no intrinsic value and the same is true for everything else including bitcoin, people have the illusion that gold has intrinsic value because it has been valuable for thousands of years, but the value of gold comes from its use as money and its scarcity, but if something better than gold was created then gold could begin to lose some of that value, which is why some speculate that the market cap of bitcoin will grow because it will take money away from the gold market.

Doesn't gold have an inherent value? You what. are you laughing? Gold is very much appreciated as ordinary metal. It has a very high durability, because it does not give in to corrosion, is soft, it has a relatively low melting point. As a metal, gold is used in many areas of industry, and especially in electronics. This is a beautiful metal that is also used in jewelry for jewelry. Didn't you know that? And to say after this that gold has no intrinsic value? This cryptocurrency has a dubious intrinsic value, but not gold.

From your explanation, it has been proven that gold is undoubtedly a precious metal that has high value, and until now, even though gold mining continues to be carried out but the price continues to rise as demand, so does crypto, if more and more believe the price will rise anyway

[andika2018]

you can not compare value of bitcoin with value of something like gold when they don't follow the same unit of measurement. it is like saying you are taller than 1 kilogram!
when you say value of bitcoin you are talking about value of 1.00000000 BTC and when you say value of gold you are saying value of 1 OZ of gold not 1 kilogram or 1 ingot, 1 grain, 1 troy ounce,... so first clarify why you are comparing the biggest unit of bitcoin (1 whole BTC) with smallest unit of gold and why aren't you using the smallest unit of bitcoin (1 satoshi) to do the comparison.

agree with this , cant compare pyhsic thing to "digital" thing , and this bitcoin and gold really have different on development and other

I think in next several years, people will think bitcoin and gold have same functionaly which is store of value. But bitcoin more flexible and secure because to store bitcoin doesnt need a lot space.

[Vness10]

Gold exist for over a 1000+ years maybe? Bitcoin only 10 years. Also the internet existed about 25+ years. Bitcoin price is higher than gold by over 200%. I think the value of Bitcoin is going to sky rocket once again. When technology gets more advance n the Bitcoin system upgrades. Just another speculation.

Well this two have a differences and you can compared a 1 bitcoin to gold because they have different value. We don't have any assurance or accurate years how long will exist bitcoin, gold or anything because we know that we can predict everything.

[Bitcoin-Turkiye]

gold will always remain a precious mine, but I agree. I'm sure the price of bitcoin will go up more. because I believe and trust in bitcoin technology..  Maybe one day everyone in the world will use bitcoin, who knows?

[STT]

Heres a good chart of Bitcoin vs Gold grams for anyone interested over time how it moves.   Obviously BTC is a growth asset but gold is not really falling behind greatly over time.  Both of these assets react to excess inflation of the US dollar monetary base but I think they are still quite different



Also ETH for a control  -

[finaleshot2016]

The system is just a system, investors are looking for benefits and high-profit possibilities.

Gold is way better than bitcoin in reality. If we're being practical in such a way where internet is not a good thing anymore, gold is a precious thing. It can be sold for a lot of money in the future while the bitcoin can be replaced by an upgraded or a thing that is way more better and has a lot of benefits.

[LUCKMCFLY]

If we see it from a technological and development point of view bitcoin has a great future, which leads to think that its price will increase, gold is a metal that gives a lot of stability, in fact, the large reserves of many countries is gold.

If we see it from the point of view of the Investor and the speculator, they do not care much about technology, they see much of the profitability that can be generated by their movements and over time, some do trade in many of their movements, both for the gold as for the bitcoin. Many traders do not care what direction the shares take or the crypto currency, if prices rise, some traders win, if the prices fall the same, many of the traders win. The investor has a much more focused point of view towards the expectation that the shares or the cryptocurrency reach a good price so that they can obtain profits, and that only manages to hold , never sell cheaply.

The difference is that gold is very stable and bitcoin is very volatile, this is something that economists do not like.

I think that in the future of 10 to 20 years, bitcoin will be able to gain much more strength, taking into account the positive news that has come out lately, and gold will always have its value, which produces stability.