Which will do better in this Economic Crisis ??? BITCOIN or GOLD ???

[HardFacts]

FACT:   BitCoin grew up in an Economic Bubble, we are now in an ECONOMIC CRISIS that is just getting started and will last for MANY YEARS after the COVID-19 virus is cured.    BitCoins 50 % CRASH at the start of the economic crisis should worry everyone as we now know how BitCoin reacted to its first real crisis.

FACT:   Gold has gone up in value in response to the crisis, and it is virtually IMPOSSIBLE to buy gold actual gold coins now, everyone wants gold, but no one is selling.  This should clue in even the dumbest people as to where the real price is going.

NO ONE here would have predicted these facts just a few months ago.  If I had posted this in January, most people here would have been ridiculing and denying the above facts, and telling everyone to just ignore it as FUD.

THE QUESTION IS:   Is anyone here starting to figure things out yet ?  Or has reality not hit you had enough yet    Which will go up more from today:  GOLD or BITCOIN

Vote, and post your answer below.  Months pass quickly, we will look back and prove who is a wise investor, and who is a fool.

https://i.imgur.com/u6MUK2l.jpg

[Solosanz]

THE QUESTION IS:   Is anyone here starting to figure things out yet ?  Or has reality not hit you had enough yet   Which will go up more from today:  GOLD or BITCOIN

Why need to compare about gold and bitcoin? They have own value and different sector. Just invest what you know and believe. If you don't know what you invest, it's really worst problem.

Vote, and post your answer below.  Months pass quickly, we will look back and prove who is a wise investor, and who is a fool.

I don't care if you say me a fool if my choose is wrong. Just a month it's not an investor, it's just long term trader.
I believe bitcoin will be the best long investment in the future, maybe 2-3 years more. Since I believe in bitcoin.

Should we need Gold vs Bitcoin more?
1. Bitcoin VS. GOLD
2. Bitcoin versus Gold, the conflict
3. Bitcoin vs Gold? Which one you would choose to invest for long term? Why ?
4. Bitcoin vs. Gold Prices
5. Bitcoin vs Gold vs Fiat
.... 
100. Bitcoin vs. Gold, Fiat and Altcoins (Updated: Traits of Money)

[mk4]

and it is virtually IMPOSSIBLE to buy gold actual gold coins now, everyone wants gold, but no one is selling.  This should clue in even the dumbest people as to where the real price is going.

Lol? Where the heck did you get this "fact"? You can still buy gold on various websites right now. There are always gold sellers(and buyers) as there are businesses that are literally gold arbitragers. If you want to give us "hArDfAcTs", you might want to think about what you're typing first.

You might want to change your name to FakeNews instead.

[Ozero]

During periods of global economic crises, the national money of states depreciated, and gold grew in value. Cryptocurrency was also created after the last economic crisis as a financial asset that would not be subject to inflation. In this regard, gold and cryptocurrency should work as a refuge from inflation. Which of them will be more successful, time will tell.

[NeuroticFish]

There were some disruptions in the supply part and others also thought that this means that gold cannot be bought. But that's wrong. Maybe you cannot find all the products, but gold certainly can be bought.
Just go to bullion star website and look for yourself.

To answer to the topic question too - I'd vote for both - Bitcoin and gold and I'd also add that gold backed tokens can also be a headache free solution.

Why both? Because gold has limited growth and Bitcoin can be better at times, but on the other hand Bitcoin had plenty of bad moments too and then one can sell gold if needed and wait for better days for Bitcoin.

[Dr.Osh]

to be honest, I will choose gold for the current state. not digital gold, but real gold. however, crises make people think of definite investments, and gold has always been a definite investment. however, people might buy bitcoin for their business interests, it's just that, if looking for investment, I think people will choose gold.

[maydna]

I don't try to figure out, but as far as I know, both bitcoin and gold need to be sold first and convert into fiat money before we can buy something in real life. We do that because, in many countries, people still use cash so I think we cannot compare between bitcoin or gold because both are different. But perhaps, we can use bitcoin to buy something online, but not all of the merchant wants to accept bitcoin as the payment. They still prefer to use Paypal or credit/debit card.

Bitcoin and gold will go up by itself, no need to worry, and if you want to invest, you should choose what suit for you.

[pooya87]

THE QUESTION IS:   Is anyone here starting to figure things out yet ?  Or has reality not hit you had enough yet    Which will go up more from today:  GOLD or BITCOIN

yes, you did figure out that nothing can compete with bitcoin otherwise you would have never created an account on a "bitcoin" forum and constantly talk about "bitcoin" almost every day! if you believed half of the FUD you keep repeating on this forum you would have never even came here in first place

[raynerhf]

I would say gold would do better simply because it is less affected by the economy as a whole as gold will always be valuable. Such as in computer parts or astronaut suits or what not.

[CaVO32]

I don't try to figure out, but as far as I know, both bitcoin and gold need to be sold first and convert into fiat money before we can buy something in real life. We do that because, in many countries, people still use cash so I think we cannot compare between bitcoin or gold because both are different. But perhaps, we can use bitcoin to buy something online, but not all of the merchant wants to accept bitcoin as the payment. They still prefer to use Paypal or credit/debit card.

Bitcoin and gold will go up by itself, no need to worry, and if you want to invest, you should choose what suit for you.

Yes, there's no need to think which one is better in this time of crisis. As you need cash for the most part, you both need them to convert into your fiat so you will have something to use for your basic necessities.  And whatever you choose for short term or long term investment, it is all on you. If you want to have a good sleep at night, you will put money on gold investments as their price is relatively stable. However, if you want to take bigger risk, you can opt some for crypto. And wait for that investment to gain profit. So it depends on your priorities here. Every person has their own goals when it comes to their investments.

[LUCKMCFLY]

Depending on how the world is doing according to all the constraints, the most logical thing is that those who buy Bitcoin will have a short-term return on investment, because the advantage that Bitcoin has over Gold is that it can reach high prices in the market, the Gold by nature will always be a safe haven, but Bitcoin is much more volatile and that makes it more attractive for investment. I´m sure that when everything related to COVID-19 is finished, all markets will begin to recover and Bitcoin will be no exception.

[davis196]

Bitcoin is doing just fine.There's no need to compare a very volatile new asset like BTC to a very stable asset that has been used as money for thousands of years.
Gold is reserved for the central banks and institutional investors.Good luck trying to buy REAL gold coins.
If you are a smart investor,then you could probably buy both Bitcoin and gold(if you can find where to buy gold) and see what happens.There's no need to choose only one option and dump the other.
 

[The Cryptovator]

I don't like to compare bitcoin with gold, but I have voted for bitcoin since I have strong belief for it. It's true bitcoin dumped huge during this global crisis, but nothing new for bitcoin. We have seen previously similar behavior of bitcoin even there wasn't global crisis. If you buy gold perhaps it wouldn't give you return like bitcoin. What I believe, who are familiar with bitcoin nicely then they will never invest on gold right now. Rather they will wait for to buy bitcoin with reasonable price. Same thoughts for me, I wouldn't invest on gold on that situation but I would invest on bitcoin if in case dump more. Because I believe we might see a bull run after this global crisis. So don't wanna miss that opportunity since I am well familiar with it.

[cryptoaddictchie]

One thing is both have. They both have limited supply. In terms of usage, I am not sure there is a competition here. Well as you can see gold has been used on so many important sector and can be used as currency backed up too. But still, you cant ignore potentials of bitcoin that it can also weight the same value of gold in the future. In the modern era that we have living now, use case is important and few years from now, I am seeing a bright future for digital currency as almost important such as gold.

If you think some will be driven out due to a crisis happening, well they are not out of their mind but seeing an advantage to own now and not regret later that they dont invest at a time that it is now cheap.

[Ucy]

I think the question should be which will serve me better in times of serious crisis.
In my opinion, the temporal decrease or increase in price shouldn't matter too much... besides, Bitcoin is deflationary.

Gold is ok as long as people have them physically to prevent those who have custody of the physical gold (while issuing "paper or digital gold") from abusing it. Wish there are fool-proof ways of verifying the physical gold.

Well, I honestly believe that a well decentralized tech (whether physical or online)  will serve people better. It's by far more secure and safe.

[pakhitheboss]

I still believe in Bitcoin and I still think it is far better than Gold.

If we compare Bitcoin with Gold for the last ten years the price growth of Bitcoin is way much higher than Gold. It is still too early to compare Bitcoin it with Gold as it has been only 10 years.

[Reatim]

I am for Bitcoin still(though i have golds as a jewelries and not for anything more) why bitcoin?because i know even there are tons of Ups and falls from this currency still in future there will always be a profit for the one who can afford to wait.

I still believe in Bitcoin and I still think it is far better than Gold.

If we compare Bitcoin with Gold for the last ten years the price growth of Bitcoin is way much higher than Gold. It is still too early to compare Bitcoin it with Gold as it has been only 10 years.

That depends on our perspective because even that Bitcoin have grown higher yet it falls this year.

[virasog]

I still believe in Bitcoin and I still think it is far better than Gold.

If we compare Bitcoin with Gold for the last ten years the price growth of Bitcoin is way much higher than Gold. It is still too early to compare Bitcoin it with Gold as it has been only 10 years.

Since this is a bitcoin forum, so many people will vote for the bitcoin. I am not saying this is wrong but gold is more stable of the two. Bitcoin still have some risk in the economic crisis but gold is the risk free investment in every situation. You may not get much profit if you invest in gold, but at the same the chances of losing your money in gold is also very less.

[cheater detector]

Why not both? It's better than choose only one.

My suggestion if you want more safe investment, pick gold. Since gold is from long time ago, well known from everyone, and stable price. But gold doesn't have high return.

If you want more risky, pick bitcoin. Bitcoin price is very volatile and have potential high return or loss.

[samcrypto]

Gold always move because of the seller and buyer, its not that volatile but I don’t believe that no one trades their Gold. We don’t know yet but since Gold is here ever since, and bitcoin is just a decade old we can see the history was in favor to gold. The market crisis will give a best opportunity to gold and bitcoin, and I believe its better to have these two asset, we don’t need to choose where we can buy both of these and I’m sure, they will go up during the recession.