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

[ropyu1978]

yes of course we can't consider it a moment because we were born in an era that began to advance
but we cannot compare with gold as a whole and this is quite different

[Greed Dev]

I understand your opinion that as bitcoin will thrive in the future compared to other asset classes, gold is an example. But the funny thing is that your comparison is lame because these two units are completely different, they are different in structure and form. In addition, no matter how strong the value of bitcoin will grow in the future, gold always has a significant value, gold is made for jewelry or computer components, bitcoin is just a cryptocurrency and a system, a great system (blockchain). In the future I don't know if bitcoin will continue to grow much but investing in cryptocurrencies is a good choice.

[doomloop]

yes of course we can't consider it a moment because we were born in an era that began to advance
but we cannot compare with gold as a whole and this is quite different

The comparison of bitcoin with gold is just like comparing air with water. Both have their own benefits and shortcomings. We cannot give one investment complete edge over other. If gold has been there for centuries, bitcoin has produced more benefit in short time which gold market has never touched. But some people consider gold safer. All have their own perks.

[barabarian1]

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.

we cannot compare bitcoin with gold because they are very different. gold is a precious metal. and this precious metal has been found thousands of years ago. perhaps there will not be any concrete data on what year gold was found because since ancient times gold has been used as a symbol of greatness and prosperity. and new bitcoin emerged in 2009 as a breakthrough and new way in the financial system. many people equate bitcoin as digital gold because both (gold and bitcoin) can be used as an investment tool.

[AicecreaME]

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.

Time will never the basis for someone to determine the value of something, gold do exist a long time ago and bitcoin was just created and released in the year 2009, but we can't hide the fact that even with that short amount period of time, bitcoin is more expensive and valuable than gold, gold is old and bitcoin is the new trend for this new age where we are. Bitcoin have the advantages because it have technology unlike gold that don't have.

The chances of bitcoin being successful and making our dreams come true with it is expected like sunsets and sunrise, maybe gold will not lose its value, but bitcoin could surpass gold even million times.

[djselery]

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.

There are many differences between gold and Bitcoin. BTC is a cryptocurrency and a digital asset, while gold is, basically, a physical asset, not a currency. So it is obvious that the usability of BTC is, in theory at least, larger than gold, despite that people around the world still trust gold more than any cryptocurrency. But I agree that BTC value is going to rise with time.

[kapalmabur]

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.

There are many differences between gold and Bitcoin. BTC is a cryptocurrency and a digital asset, while gold is, basically, a physical asset, not a currency. So it is obvious that the usability of BTC is, in theory at least, larger than gold, despite that people around the world still trust gold more than any cryptocurrency. But I agree that BTC value is going to rise with time.

if the supply doesn't change I'm sure Bitcoin will be in line with gold, time has already answered, bitcoin from $ 1 to $ 16000 in just a few years,
and now experiencing correction is very reasonable, hopefully bitcoin will still be there for the next 100 years 

[Oneandpure]

Gold have limited supply and could be exist more than 100 years but how with bitcoin have limited supply will be exist for long time than gold? bitcoin have pass about five years with price keep growing up but when got bad news bitcoin never could protect become stable coin, price of bitcoin always dump lower 40% after many bad news like hacked exchange, banned crypto in some country. For gold like stable price year by year never down more than 10%.

[supercanada1]

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.

There are many differences between gold and Bitcoin. BTC is a cryptocurrency and a digital asset, while gold is, basically, a physical asset, not a currency. So it is obvious that the usability of BTC is, in theory at least, larger than gold, despite that people around the world still trust gold more than any cryptocurrency. But I agree that BTC value is going to rise with time.

if the supply doesn't change I'm sure Bitcoin will be in line with gold, time has already answered, bitcoin from $ 1 to $ 16000 in just a few years,
and now experiencing correction is very reasonable, hopefully bitcoin will still be there for the next 100 years 

Bitcoin is the digital form of assets like gold or diamond. A century is nothing in front of bitcoin popularity, I am sure it is going to last forever until and unless world has access to internet. World is moving towards smart cities, then how can we think smart currencies will disappear? Bitcoin will be inherited by people in nearby future as an asset.

[Meowth05]

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.

There are many differences between gold and Bitcoin. BTC is a cryptocurrency and a digital asset, while gold is, basically, a physical asset, not a currency. So it is obvious that the usability of BTC is, in theory at least, larger than gold, despite that people around the world still trust gold more than any cryptocurrency. But I agree that BTC value is going to rise with time.

Actually we can't compare these two assets because the first bitcoin is a better asset for online systems while gold as a physical asset. There are some places where bitcoin cannot be acknowledged due to lack of facilities to access this technology unlike gold, it can be sell wherever place you are. On the other hand, there are places where bitcoin is much appreciated than gold. Simply, it implies that they have their own advantages so it cannot be compared. We are evolving day by day bitcoin could surpass gold and maybe sometimes there will be a new innovation that will exceed bitcoin and that is the rule of technology.

[cotton ball]

Gold invest by many people and bitcoin only invest by some one know with bitcoin, population of bitcoin investment only 0.5% for each country in the world and for gold more than 40% people save and make gold as their investment, Bank use gold as investment too because gold less risk with lower price than use bitcoin with big risk price down, inside with many people do not know whit bitcoin investment less education how to invest with crypto.

[Xxmodded]

Gold can exist more than 1000 years, while bitcoin exist ten years? I think bitcoin digital currency payment when many companies adopt bitcoin while make bitcoin exist more than ten year, if many company have left and bitcoin price down just take few years later, gold is investment kinds have limited supply always use by investor, bank and many companies become gold as collection or investment assets can be exist more than 1000 years.

[Dhoe]

Gold invest by many people and bitcoin only invest by some one know with bitcoin, population of bitcoin investment only 0.5% for each country in the world and for gold more than 40% people save and make gold as their investment, Bank use gold as investment too because gold less risk with lower price than use bitcoin with big risk price down, inside with many people do not know whit bitcoin investment less education how to invest with crypto.

That's because Bitcoin is still young while gold has been around for thousands of years ago, so people's knowledge about gold is good enough, while for Bitcoin there are still many people Who do not know very well about the world of cryptocurrency, so people prefer to save their assets in gold.

[yoseph]

I am waiting to see what might happen when all the 21M bitcoins that satoshi created gets finished only then we will know whether bitcoins can stand the test of time.  I wonder what the miners who are very much integral to bitcoin network do, will they jump to mining another coin?

[jets567]

Gold invest by many people and bitcoin only invest by some one know with bitcoin, population of bitcoin investment only 0.5% for each country in the world and for gold more than 40% people save and make gold as their investment, Bank use gold as investment too because gold less risk with lower price than use bitcoin with big risk price down, inside with many people do not know whit bitcoin investment less education how to invest with crypto.

That's because Bitcoin is still young while gold has been around for thousands of years ago, so people's knowledge about gold is good enough, while for Bitcoin there are still many people Who do not know very well about the world of cryptocurrency, so people prefer to save their assets in gold.

Abosolutely correct! Gold has proven it's usage thousand years ago that is why people acknowledge it but on the other hand Bitcoin is still on it's early stage wherein people who doesn't know anything about it are still discovering it's uses and value. It could take a lot of years for the mass adoption but the good part of it, is we got exposed already in Bitcoin that we could use as advantage in the future when Bitcoin's worth is fully realize across the globe.

[jmigdlc99]

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.

Comparing inherently two different things with gold and bitcoin but i do see value in your prediction. Bitcoin surely has potential to change the world and that is why it has value and will continue to increase in value. Mass adoption is growing steadily year by year while supply is decreasing slowly over time.

It's no surprise if we hit a new all time high with the upcoming halvening.

[Sithara007]

I am waiting to see what might happen when all the 21M bitcoins that satoshi created gets finished only then we will know whether bitcoins can stand the test of time.  I wonder what the miners who are very much integral to bitcoin network do, will they jump to mining another coin?

LOL.. really?

The last coins will be mined sometime in 2140 (as per the current algorithm). That is more that 120 years from now, and I don't know whether you really want to wait for that long. If you want to know whether Bitcoin will be used by the majority of the world population, then you may have to wait for another 5-10 years max. By then the future of Bitcoin will be clear.

BTW, I don't really think that Bitcoin will survive up to 2140. 120 years is too long for a digital asset. For comparison, internet is less than 3 decades old. Until 1998, Google was not online. Technology is fast changing and you don't know what to expect after just 2-3 years. New technologies and innovations are revealed with every passing day. Sometime in the future, some technological innovation will be invented, which has the capability to replace BTC.

[STT]

They charge fees for transactions, thats the incentive for mining.  I presume it will equalise between the cost and amount the market is willing to pay to pass each transaction.   It seems to be mostly decided by time to process that secure transaction so far.  I usually dont care how long it takes really, but people who want it in a few minutes will be the ones that really decide how much is it worth paying.
   There is some argument that the kind of bidding process that decides fees isnt live enough, its too much of a guessing game because it might have to wait till the next block if it doesnt quite get enough.  Ideally we'd have a few ways to decide the fee, I dont really need weapons grade security for my coffee purchase.   We surely can have a way to pay small amounts quite quickly and it doesnt matter, thats where I see progress as making the most difference not the giant things but the tiny things for the many small people and small transactions.

[bohr]

BTW, I don't really think that Bitcoin will survive up to 2140. 120 years is too long for a digital asset. For comparison, internet is less than 3 decades old. Until 1998, Google was not online. Technology is fast changing and you don't know what to expect after just 2-3 years. New technologies and innovations are revealed with every passing day. Sometime in the future, some technological innovation will be invented, which has the capability to replace BTC.

What you're saying is true since we do not know how long bitcoin will survive and there is the possibility that someone in the future is going to create something better than bitcoin, but you must also remember that bitcoin is a form of money, and money regardless of its form requires trust from the people, and in the case that a new coin was developed that was many times better than bitcoin that doesn't necessarily mean that bitcoin will disappear because people will still trust it.

[cotton ball]

Gold have been payment way for dinar and dirham coin last one hundred years and now gold still exist become investment assets, gold never get inflation and back to lower price make many people like for investing money in gold. Bitcoin maybe can exist for ten years but how bitcoin price growing up, if bitcoin always lower price many investor left bitcoin and back to invest with gold and property investment.