BTC vs GOLD

[haasanjui]

BTC is gold in Cryptocurrency because it is expensive. And their are many similarities in BTC and gold. Both price can dip or pump any time. Both are expensive.

[breathlessz]

gold has a lower level of risk than bitcoin, but bitcoin's growth is indeed better, but bitcoin fluctuations are indeed higher, therefore as individuals we just have to choose which one, after knowing the characteristics of both. because in my opinion both are good investment places

[marine4u]

Gold and bitcoin share similarities in terms of economic “state” effects, although the fundamental differences in the nature and value of each are fairly obvious.  Today, gold is becoming increasingly popular as a less capital-intensive speculation with familiar jewelry needs, but that does not guarantee the future will continue to be.  Bitcoin is becoming more and more diversified towards a larger store of value.  Bitcoin will be better in the future so it's just a matter of planning and fitting from one's point of view.  Most of my assets are not gold.

[redsun114]

According to JP Morgan BTC has affected Gold market and increase in popularity of Cryptocurrencies will impact Gold market.
What you guys think about that?

I do think that the bitcoin market is going to take a huge share away from the gold market. A lot of the big investors in the gold market are likely going to start shifting to Bitcoin now that it has become a trend. And I don’t think that there is anyone, especially the big institutions, that would like to miss this kind of opportunity. Most of them are now investing their money in Bitcoin.

Every time, since the start of this year, we have been seeing news of big institutions investing money in Bitcoin, and there are even a lot of them that we are yet to know about. But that doesn’t mean that gold is not still a good investment, gold is still going to continue being a good investment for a lot of people, but Bitcoin might surpass it in the future.

[syedzakir]

BTC is affecting the gold popularity among people.
Before the introduction of bitcoin people used to buy gold and then save it for further use.  They save it and wait for the increase of its price and the sale it on a big profit. But the difficulty was faced by them when they need to find someone to buy the gold when it's on a high price. No one wants to buy gold when it's on a high price. So they faced difficulty during its selling.
Secondly there were chances of robbery.
In case of bitcoin these problems are solved as there are exchanges available for selling bitcoin even at high price and no one can steal it until hackers get access to your account.

[rozak]

btc vs gold, everyone must have their own point of view in investing, investing in gold is definitely closely guarded by the government, gold is always under surveillance, while bitcoin is not controlled by any party, the price of gold can be said to be stable, so in my personal opinion I prefer to invest in bitcoin because I like challenges and challenges..

you have a good choice. but I prefer both. some bitcoin investments for the long term. and trade altcoins daily. profit from trading, usually I share to add to my BTC assets, and some I will withdraw for daily needs. if the moment is not good to enter on BTC, I prefer to withdraw profit and increase my gold asset collection.
but all that I do if I'm not tempted to spend it on soccer betting (my bad habit).

[Davidvictorson]

Gold will suffer because of bitcoin. Both are a store of value.  But bitcoin goes up. So many big financial groups are turning to bitcoin. Instead of gold. That's why gold isn't going up. But bitcoin will and still serves as a store of value. And cryptos are going  mainstream.