BTC and Gold?

[Naughty Princess]

Both are different from each other if we talk about gold then it is good for the majority of investors because the gold is more stable than bitcoin and most of the  investors want a secure investment, while on the other hand, some crypto lovers want high profit in a shorter period of time so they choose bitcoin as an investment.

In my opinion comparison of BTC with gold is of no use! Let investors decide where they want / will invest their money.

I agree. Gold and bitcoin can both use for investment but in different time duration. Bitcoin can be for short time as long as the price increase to gain profit while gold stay stable for a long time but the price does not go down as it is become more limited in the market and use on making accessories for business. It is depend how you handle investment because both are doing good.

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[bagalkot]

Both are different from each other if we talk about gold then it is good for the majority of investors because the gold is more stable than bitcoin and most of the  investors want a secure investment, while on the other hand, some crypto lovers want high profit in a shorter period of time so they choose bitcoin as an investment.

In my opinion comparison of BTC with gold is of no use! Let investors decide where they want / will invest their money.

I agree. Gold and bitcoin can both use for investment but in different time duration. Bitcoin can be for short time as long as the price increase to gain profit while gold stay stable for a long time but the price does not go down as it is become more limited in the market and use on making accessories for business. It is depend how you handle investment because both are doing good.

I dont agree that gold price dont go down, even their are also big whales who play with gold and price fluctuates. But bitcoin price fluctuates more high. In your view investing in bitcoin for short time is based on market condition if you have invested in 2018 then short time would have given loss, but if you have holded for long then in low if you have averaged the price then now you are in profit.

Everything depends on how much risk you can take and how much time you can hold your position, will always define your profit.

[mandor]

Bitcoin and Gold is a currency that many people consume as an investment or buying goods. Can we summarize that Bitcoin has gold-like characteristics, yes why not because it was not created by the Central Bank / government, but by a party who does not want to be known identity. In my opinion personally is Bitcoin and Gold has many similarities.

[Fabienne_ayy]

Interesting article that talks about BTC vs Gold: https://cryptotradernews.com/cryptocurrency/is-bitcoin-the-new-gold/

Thoughts? Gold is tangible and can be used for other things other than storing value... It's also been around for a much longer time...

Gold is physical, Bitcoin is digital. And that's it, both of them are valued highly

[epidemia]

This topic is created for what?
I believe that these two means of investment do not make sense to compare.

Gold is one of the first metals that began to be mined and used by mankind. His story leads far to Ancient Egypt... if I am not mistaken, gold began to be used as a means of exchange as far as 6,000 years ago... Just think about this figure! Of course its capitalization is so much!

And how old is Bitcoin? He is still a "baby", like the blockchain technology. Then what competition can we talk about now? No one has yet discovered the full benefits of this miracle technology. If you consider me a fool, just remember the history of oil - read the history of the UAE, Saudi Arabia, Qatar, Bahrain... where they were then and where now?

[epidemia]

Lot of thread about "Gold VS Bitcoin", so I don't think its necessary to create more new thread about same things.  OP might locked thread from lower left if you like.

It was a joke from my side. This topic is really actual for our time

However, I will not compare Bitcoin with Gold. Both is valuable assets, but no real money. But both is worth of real money. We can see Bitcoin growth is faster then Gold. So I would like to store bitcoin instead of Gold.

In my opinion, it is now necessary to invest in a ratio of 50/50. But in 5-10 years Bitcoin has every chance "to take over the world"...and this is not a joke.
Gold will still be mined for many years, perhaps even in the future, humanity will be able to colonize the planets of the Solar System and extract metals there. The emission of Bitcoin is limited, and most of the coins are forever lost. Therefore, for the future, the choice is obvious

[FlightyPouch]

Gold is physical, Bitcoin is digital. And that's it, both of them are valued highly

Well, there are other things to consider and not only Bitcoin being "digital" and Gold being physical. Bitcoin may be more expensive than Gold's price per once but not Gold's price per kg and I think bitcoin still has a lot to go. Also, investors favor Gold than bitcoin because of the stability of its increase and I hope bitcoin will be that too in the future.

[Astvile]

Bitcoin and gold is 2 different entity in the financial world.Gold has been in  the system way longer compared to bitcoin and gold is the best shot for now if you want to invest on long term with assurance of earning and you can freely spend and buy things using gold right now compared to bitcoin who is still limited on use.But in the future gold can be worthless and get replace by virtual currencies like bitcoin and other more to come

[millgates]

Bitcoin and gold is 2 different entity in the financial world.Gold has been in  the system way longer compared to bitcoin and gold is the best shot for now if you want to invest on long term with assurance of earning and you can freely spend and buy things using gold right now compared to bitcoin who is still limited on use.But in the future gold can be worthless and get replace by virtual currencies like bitcoin and other more to come

In term of store of value, gold is better than bitcoin. But in term of profit purpose, bitcoin provide bigger size of opportunity for all level of society, the and the rich can take part in this cryptocurrency investment. At the end all is depend on how smart we can manage our fund to invest in crypto.

  Gold will not replaced by bitcoin, I am sure about it  .

[Ghebung Masam]

if in the value of the investment aspect, I think that gold and bitcoin are the same because it can be used for investment but gold is real or can be touched and made into jewelry.

[sushil7045]

Gold have much more store value than bitcoin. Gold is used for various purposes from medicines, foods, electric equipment and more. Gold is used as a form of money from more than 5000 years.
Bitcoin has just started and is in its initial stage. Surely the future of bitcoin is great and it will give good competing as a asset after few years.

[Lumi3004]

If I can be honest, of course I would prefer bitcoin for investment than gold,
You can see bitcoin now, if you invest from January to now, of course you can buy as much gold as possible with 1 BTC.
But that depends on each opinion, which obviously I am more interested in bitcoin.

[ethereumhunter]

Interesting article that talks about BTC vs Gold: https://cryptotradernews.com/cryptocurrency/is-bitcoin-the-new-gold/

Thoughts? Gold is tangible and can be used for other things other than storing value... It's also been around for a much longer time...

Gold is physical, Bitcoin is digital. And that's it, both of them are valued highly

And both bitcoin and gold are different. Bitcoin mostly uses in online life while gold use in offline life. People still prefer to invest in gold, while some people choose bitcoin and gold as an investment. People will have their option for what they want to invest, whether it's bitcoin or gold. They will choose whatever they think that it will give them a profit for a long time.

[Johnzky]

In summary:

1. Gold is currently better as a store of value
2. Bitcoin can be better as a store of value in the future if we reach high liquidity to significantly decrease price volatility
3. Both gold and bitcoin are both great assets, and both has their own pros and cons.

Totally agreed on this mate

Gold has proven to be long lasting ,and can stay for a lifetime or until the world exists

Bitcoin in 10 years time proven what can reach for such a short time,so what more in future when the acceptance happens by each governments?

Well let’s just wait for at least another 10 years for this questions to be answered

[Kensyin]

Bitcoin and gold, this is clearly different gold has a total amount that can not be counted / unlimited. Even though ordinary people can buy and store gold and gold very many people want it,
In addition, gold has been controlled by several large companies. But both have very good similarities for investing in the long run because they will not depreciate. If you take gold and bitcoin most people prefer gold, because the price of gold is the most stable.

[candra raditya]

I think we don't need to compare bitcoin and gold, we better see the similarity between bitcoin and gold is a good store of value, and whatever you choose depends on your own needs, whether you choose gold or bitcoin.

[Reosta_]

Gold may be tangible but its being tangible won't matter in the future. Because people are going to start use digital currencies and the 'tangible' currencies will lost their importance.

[sarmrakib]

You found a good article on Gold Vs Btc. I think Gold is stable it's not so volatile as btc is .However People love btc cause it is so volatile .If you look at at the chart of Gold you can find it on long stable moment so that if you store it you could't get profited .On the other hand if you store btc sooner or later you will get your profit .For me btc is better than Gold always .

[sheenshane]

This topic has been discussed here so many times, I think to compare both currencies is not making any sense we know that they are both have a great value. Bitcoin and Gold have a good value in the market, they also have differences may apply, the pros and cons that we consider them to have different uses. If you think they are all profitable why not you didn't buy them all and keep it safe since they are all valuable now and good for holding long term.

[kogozer714]

gold is a highly valued asset and also bitcoin, but they have different qualities and markets. Bitcoin is still very far from stability like gold. But I think this is all in the future. This can be achieved if the regulator helps restore order.