Bitcoin outperforming Gold

[privacyn3on]

This been a point of debate for long, Bitcoin vs Gold - the best safe haven asset. Can we all agree now that Bitcoin has clearly outperformed Gold?

What are your thoughts?

Even CNBC recently acknowledged this

https://twitter.com/CryptoShine/status/1347393470999105539

Mainstream media is finally catching up and they got no choice

[mk4]

Can we all agree now that Bitcoin has clearly outperformed Gold?

Well, obviously bitcoin outperformed gold because of the huge price rise we've had while gold remained quite stagnant as per usual. We don't even need to agree nor disagree, as bitcoin outperforming gold isn't even an opinion, but a mere fact.

[Natsuu]

Bitcoin prices is still volatile, and we can't assure the price of it to be stable, unlike gold who has been kinda stable with a low percentage of changes in its price. But I would say that bitcoin surpasses gold in price, but not in its stability.

If you seek long term save of your asset, without the risk of it reduced in value, then go for gold. But if you are a risk-taker, and seeks a long term investment, then go for bitcoin.

[zanezane]

Bitcoin prices is still volatile, and we can't assure the price of it to be stable, unlike gold who has been kinda stable with a low percentage of changes in its price. But I would say that bitcoin surpasses gold in price, but not in its stability.
If you seek long term save of your asset, without the risk of it reduced in value, then go for gold. But if you are a risk-taker, and seeks a long term investment, then go for bitcoin.

Even if it is volatile, you can still be sure that it will still outperform gold. Gold is controlled by central banking and financial institutions which is the reason why it is so stable. Gold and bitcoin is not the same and I think that people should slowly accept that fact. I beg to differ with you about seeking a long term investment, I wouldn't say that gold is the best one there is because there are other centralized institutions that offer more like Index Funds or Government Bonds, gold will only get its worth when a crash like Great Depression hits. To add salt to the wound, bitcoin is a better long term investment because you do not need any safekeeping fee and just a cold wallet and a private key will be enough.

[Natsuu]

Bitcoin prices is still volatile, and we can't assure the price of it to be stable, unlike gold who has been kinda stable with a low percentage of changes in its price. But I would say that bitcoin surpasses gold in price, but not in its stability.
If you seek long term save of your asset, without the risk of it reduced in value, then go for gold. But if you are a risk-taker, and seeks a long term investment, then go for bitcoin.

Even if it is volatile, you can still be sure that it will still outperform gold. Gold is controlled by central banking and financial institutions which is the reason why it is so stable. Gold and bitcoin is not the same and I think that people should slowly accept that fact. I beg to differ with you about seeking a long term investment, I wouldn't say that gold is the best one there is because there are other centralized institutions that offer more like Index Funds or Government Bonds, gold will only get its worth when a crash like Great Depression hits. To add salt to the wound, bitcoin is a better long term investment because you do not need any safekeeping fee and just a cold wallet and a private key will be enough.

We may have some misunderstanding with this. I am not saying I'm in favor of gold or bitcoin, What I am trying to imply in my message is that, if you are looking for a long-term shell life "SAVE" (just saving), then go for gold, as it is stable compare to bitcoin. But if you are a risk-taker just what I've said, and seeks "INVESTMENT" then go for bitcoin.

I am not really good at explaining something like this, but to be simple, take gold if you just want to save your money, take bitcoin if you want it to continue to grow (but of course with a risk).

[Wysi]

It's know fact that Bitcoin has outperformed gold and gold is nowhere even close to bitcoin for a comparison, if we just consider the returns Bitcoin has provided in last one year gold might not have provided that in a decade. But however there are group of people who still prefer gold as a risk free investment medium especially old school folks and those who feels bitcoin and crypto is bubble.

I think we should stop comparing gold and bitcoin as they are not even in par for comparison as they poses different properties and have their own investor base.

[dothebeats]

Bitcoin outperforms gold any day of the week. Though no matter how hard the evidences are, gold bugs would still be swift to dismiss that and refer to ‘intrinsic value’ instead. Up to this day and age, you’d still see in-denial gold bugs shilling for their precious metal to make some gains. There’s nothing wrong with that, although it helps if these gold bugs acknowledge that bitcoin is real too, and is slowly becoming a go-to asset for storing value and whatnot.

[carlfebz2]

When it comes to price and value then theres no doubt to that because numbers dont  lie and we can see it as clear as day on which one do outperform the other one.

Lets talk into the other side of things about  comparing a digital currency into a natural resource? We know that when it comes to security or being part of traditional market then
gold do have it , it might be less volatile and valuable but we know the fact that it cant really be compared.

Just let it be and let them move basing up on demand.There's no need to prove out nor making arguments on this one.

[skpanchal]

Bitcoin is a better investment for short-term potential gain—but you also have the potential to lose a lot of money. Gold, however, is a stable investment that is almost guaranteed to return on your investment in the long term.

[roses80]

currently bitcoin is a very shocking news to the world because its price exceeds the price of gold at this time and many people are benefiting from the fantastic increase in bitcoin.

[zanezane]

~

We may have some misunderstanding with this. I am not saying I'm in favor of gold or bitcoin, What I am trying to imply in my message is that, if you are looking for a long-term shell life "SAVE" (just saving), then go for gold, as it is stable compare to bitcoin. But if you are a risk-taker just what I've said, and seeks "INVESTMENT" then go for bitcoin.

I am not really good at explaining something like this, but to be simple, take gold if you just want to save your money, take bitcoin if you want it to continue to grow (but of course with a risk).

I did not say that you were in favor, I was just stating my opinion based on the opinion that you put there. I yearn for a neutral standpoint regarding this which causes for me to ask for both sides.

[xcaret]

just a reminder folks , Feb 2017 bitcoin was at $21,000 a year later Feb 2018 it was at 4,200 . A good reason to only invest what you can afford to loose .
As for gold , in 2017 it was worth $1,650 per ounce , today it's worth $2,500 per ounce .
Bit coin sure out performed it , but if the bottom falls out , at least you could get a ring made out of the gold .   

[gurunanakji777]

Obviously Bitcoin outperform Gold and now Btc is like a hot cake in the market. It touches its new ATH and seems unstoppable. Many institutional investors are taking interest in buying Btc. For me Btc is far better option than gold and If you can take risk and manage to buy BTC than I can say we must keep 4-5 btc for long-term it will help us in financial freedom in future.

[Walterhank]

I think it has agreed upon for quite some time that bitcoin has outperformed gold in a matter of value as an asset. I agree with that statement too but still, it isn't in the position to be known as a stable investment as compared to the performance of gold. But there are a lot of trading, investing, and acquisitions happening in bitcoin which is really good.

[davis196]

Gold is still way more stable than Bitcoin.This is the main quality of a safe heaven asset.Bitcoin got way more profitable than gold,but nobody knows when the Bitcoin price will crash and how big the price drop will be.
The investors,who love risks and big profits have chosen Bitcoin,while the investors,who hate risks and love stability have chosen gold.

[fiulpro]

Hello , this is indeed a thing to ponder on but we always have one question when we have btc, how stable would it be?

I have been involved since 2010-2012 and the amount of stability it has reached in 2020-2021 plus with the ETH all time high, we all can agree that within 10 years, BTC outperformed every assets that ever doubted it.

This might be due to the pandemic, due to stimulus , due to more online job availability in the bitcoin community getting more institutional investors as a whole , companies now keeping btc as a security deposit, online gambling in cryptocurrencies becoming more and more evident and what else.

There are a lot of things indeed. It for sure outperformed gold and at the same time the people who used to laugh at us are now finally acknowledging it.

The only thing we can be sure of is the mainstream media had just become less disappointing when it comes to bitcoins.
Lol.

[BADecker]

The only way you can smoothly move the world into a blockchain currency, is to first introduce it to them. What better way than to buy and sell Bitcoin, until it gets so high that people all over take notice?

The question is, what will they do to the actual Bitcoin and blockchain when the world finally comes to recognize the whole blockchain idea?

[dansus021]

Bitcoin prices is still volatile, and we can't assure the price of it to be stable, unlike gold who has been kinda stable with a low percentage of changes in its price. But I would say that bitcoin surpasses gold in price, but not in its stability.

If you seek long term save of your asset, without the risk of it reduced in value, then go for gold. But if you are a risk-taker, and seeks a long term investment, then go for bitcoin.

I just want to say this  but this guy is true bitcoin prices is very volatile so i would say invest in bitcoin is high risk
Gold is stable safe haven low risk

why not invest in both right 

But there's people say "High Risk High return  "

[emmybd]

Bitcoin and gold both of them are reserve assets. Bitcoin is a cryptocurrency. Nowadays, bitcoin is accepted by many people. It's a easy transaction system. Bitcoin in only controlled by its users. Governments or financial authorities can't control it.
On the other hand, gold is a precious and expensive metal. Gold is rare and so it's liked by many people. Gold was first used more than 2,000 years ago. It is also easy to use if we compare it with other metals.
But, surprisingly people are preferring bitcoin more than gold. Bitcoin can easily replace gold as people are using and showing more interests in bitcoin compare to gold. In 2020 bitcoin outperformed gold and it is said that bitcoin will outperform gold in future too. Because of limited supply of gold nowadays people are showing interest in bitcoin more than gold. People can easily buy and sell bitcoin, it can be earned easily. As a result, it's accepted by most of the people. So, it can be said that bitcoin is outperforming gold.

[tinopener]

With wider adoption, I'm keen to see if Bitcoin affects the Gold / Silver ratio.