BTC and Gold?

[bimvo]

Will bitcoin replace gold? I ask myself. Well, so far there are no such forecasts. People base on the statements they have read somewhere or saw on TV but not on own minds

yeah, I agree. Nowadays social media and tv rules society, almost no one has a proper knowledge. I’ve recently found a taklimakan platform for myself, there are a lot of useful info for newbies and not only. But anyway ppl often suppose to trust mass media than make own researches.

[Jenn09]

There is nothing to compare with both, they are both valuables in different way, You can earn you're GOLD in trade or real money. while you can earn your bitcoin in many ways even its a job, in trade of your skills and knowledge or even by trading other monetary. I can say that they will have a good future someday, there is a bog chance to grow up in value and also same as a good investment.

[Minhxx]

If bitcoin has a few more years to stabilize prices, I think we will choose bitcoin to accumulate. Gold and bitcoin are two completely different types of assets, we don't need to compare them

[izanagi narukami]

They are different.
But if you want to seek safe investment and profitable, gold may your best choice.

If you want to achieve more profit, BTC is your choice but remember the risk upon it.

Every investment have their own risk so make sure that you have learn all of them carefully !

[wxxyrqa]

where someone has some doubts about Bitcoin, then he will use cryptocurrency to create capital and to invest in gold.  It seems to me that the time has not yet come when you can completely abandon cryptocurrency.

[Leh-Meh]

Bitcoin will get banned if money laundering and ponzi increases from Bitcoin. Without centralization Bitcoin will not get legal status.

[Herbet Fry]

We need gold for the electric terminals and prongs on our electronics and boards for our mining rigs     

Bitcoin will get banned if money laundering and ponzi increases from Bitcoin. Without centralization Bitcoin will not get legal status.

Is money banned? You can talk a lot of shit on this forum here friend. Do you think before you type?

[anoufal]

If you choose between BTC and Gold, the choice is obvious. If you want to earn then choose BTC, if you want to save your money, then choose Gold.

[TastyChillySauce00]

Bitcoin and gold both the best investment right now, but bitcoin is more profitable than gold investment because bitcoin could raised more higher price than gold in short moment.

Well that's exactly what will happen to a commodity with a lesser market capitalization that could hardly mantains the stability in the market simply because people have too much power with their money. Gold in the other hand has such colossal market capitalization due to the fact that it existed since the ancient times and it's not a rocket science that gold will definitely have the stability here which therefore means lesser profits for speculators.

[krb91]

The comparison is quite a difficult one. Gold is a physical asset backed by a significantly larger market capitalization that Bitcoins, that makes Bitcoins more of a risk in terms of investment. This also means that overtime, it has the potential to return more yield on investment. Although, BTC has been referred to as digital gold, I think its a long way from being even close.

[samuraijin]

sometimes I have difficulty storing gold properly, so I prefer bitcoin if in profit, bitcoin is far more profitable in the long run, but if I save gold it is very risky for my security, I don't like to save on the BANK and don't trust them, I certainly prefer holding BITCOIN

[FlightyPouch]

If you choose between BTC and Gold, the choice is obvious. If you want to earn then choose BTC, if you want to save your money, then choose Gold.

Gold and bitcoin is almost the same the only difference there is that people usually will pick Gold than bitcoin because of its stability and a lot of investors recognizes gold as the best investment. Bitcoin is a great investment too though you should cope with the fast-changing price of it and some of the people that invested in it lost their money because of it. Some stopped and some continued, we all know who earned more, the one who continued.

[IPVPIRL]

So from "Become your own bank" we can now safely say "Become your own Fort-Nox".

Great plans for adoption. The public will most certainly rush to buy digital "gold" that does absolutely nothing.

[gangem07]

Why we do compare each other?Bitcoin and gold has its own differences.But both are good for long term of investments and become more profitable in the long run that most of the investors are likely to invest in both.

[iMark]

Why we do compare each other?Bitcoin and gold has its own differences.But both are good for long term of investments and become more profitable in the long run that most of the investors are likely to invest in both.

Indeed, and I also use both for investment. there is nothing to argue about which is better between the two for investment, bitcoin and gold have their respective advantages and most importantly both are equally profitable. that's what made me buy bitcoin and gold

[rodskee]

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...

BTC vs GOLD. Well they have both have a big value.I can say also that they the same in term of changing or converting into Money.yes gold is been around for a much longer time or lets say even we are not yet born there already gold but they have a big difference for now.Bitcoin much easier to use nowadays than gold.(literally gold).well gold is takes much time and effort to convert into money but bitcoin only by one click as easy as that bitcoin can be money rather than gold.it was a big difference by use.we can say bitcoin much better to use can carry everywhere you go but gold so heavy to carry and hard to convert money.although gold also can give as a payment if some one know the big value of gold then they will accept it but the others who doesnt know the value of a real gold they dont accept it as payment fiat because they want a real money than gold.and gold can be fake unlike bitcoin this can not be fake.we use bitcoin by transaction using digital technologies and can never be fake.

So BTC vs GOLD I choose bitcoin to use than gold

[denasha92]

Both have fluctuations price different but bitcoin have fluctuations price significant so can change in a short time even difficult predicted. Bitcoin more high risk than gold, but we can get big profit behind the risk of, can also occur instead.

[Dapper]

I'd advise both and do both.   However, just be aware of the risk of 'saving' cutting edge technology.    Put away $1 million in gold and a separate safety deposit box with an equal value of BTC..... fast forward 25 years, and you might have one box of gold and one box with the equivalent of an Atari 2600 game cartridge/Betamax video player/TI-99-4A computer/Casio Calculator watch/etc. 

[Fredomago]

Why we do compare each other?Bitcoin and gold has its own differences.But both are good for long term of investments and become more profitable in the long run that most of the investors are likely to invest in both.

Indeed, and I also use both for investment. there is nothing to argue about which is better between the two for investment, bitcoin and gold have their respective advantages and most importantly both are equally profitable. that's what made me buy bitcoin and gold

If you find yourself gaining from this venues of investment so why need comparing the two, both have your options to get good income, good investors always find ways to get something out from the market that they're investing their money, they don't need to choose as they can play both.

[EdvinZ]

Gold is a classic valuable asset, it is well suited for investment savings because it has low volatility and price stability. Bitcoin is a new valuable asset. At the moment, it has high volatility, which attracts traders, as well as many other advantages over gold. Bitcoin is convenient for mutual settlements, as well, unlike gold, you can store your Bitcoins anywhere.