Has BTC really become more attractive than gold?

[Vincom]

Within the crypto community, BTC has earned the nickname "Digital Gold" due to the expectation that it can rival gold in terms of market capitalization, value, economic influence, and widespread acceptance ^[1]. Recent months have witnessed a surge in Bitcoin's price, significantly outperforming gold. This trend is further emphasized by the shift in investment focus, with traditional investors moving away from spot gold ETFs and towards spot BTC ETFs ^[2]. Even gold advocate Peter Schiff, a long-time critic of Bitcoin, has publicly expressed regret over not investing in it earlier ^[3]. The increased media attention suggests BTC is gaining traction compared to gold, emerging as a potential frontrunner in the investment arena.

In a surprising move, gold mining company Nilam Resources announced plans to enter the digital asset space. They signed a letter of intent to acquire a significant amount of Bitcoin and other digital assets. The deal hinges on acquiring full ownership of MindWave, a company holding a massive 24,800 Bitcoin. This substantial holding could be used as collateral to secure funding for Nilam's future projects ^[4].

Nilam's decision to acquire a significant amount of BTC underscores the growing recognition of Bitcoin as a valuable asset class. This move also shines a light on how the potential of BTC is attracting even gold-focused companies. While these companies may have traditionally favored gold due to its proven track record in wealth creation, Nilam's investment suggests that they cannot ignore the potential for future profits offered by BTC.

Traditionally, accumulating gold was a preferred way to preserve wealth, as seen with our grandparents and parents. However, for my generation, crypto, particularly BTC, offers a more attractive alternative. Unlike gold, crypto allows for easier acquisition in smaller amounts and has the potential for higher returns.  As a result, gold seems to be falling out of favor as a store of value.

I would like to know your views on BTC and gold:

• Are you investing in BTC or gold?
• Do you think BTC has become more attractive than gold in the investment sector?
• Have people like Peter Schiff accumulated a lot of BTC while still badmouthing BTC in the media?

References:
[1] When will Bitcoin catch up with Gold in capitalization?
[2] Gold Funds See Big Outflows Alongside Rush of Money Into Bitcoin ETFs
[3] Gold Bug Peter Schiff Says He Wishes He'd Bought Bitcoin in 2010
[4] Nilam Resources Enters Letters of Intent to Acquire 24,800 Bitcoin

Update 2024.03.27: The announcement raises doubts about its legitimacy because Nilam, a company with a market value of only $4 million, plans to purchase a massive $1.7 billion worth of Bitcoin.

• BREAKING: Nilam Resources Allegedly Plans to Buy 24,500 Bitcoin (BTC)

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[btc78]

I think in today’s modern age, yes bitcoin has become a much attractive investment for people.

Bitcoin is a lot more volatile in nature than gold however many investors find that you can get higher profits in investing in bitcoin rather than in gold. The method of storage is another thing to consider. It’s just not about convenience but also safety and security. Having to find a place to store gold would be a nightmare compared to bitcoin stored very much easily albeit not less any secure. If people were to find a way to turn gold into something digital then maybe it would have a chance but right now bitcoin is definitely a better choice.

[harapan]

I think in today’s modern age, yes bitcoin has become a much attractive investment for people.

Bitcoin is a lot more volatile in nature than gold however many investors find that you can get higher profits in investing in bitcoin rather than in gold. The method of storage is another thing to consider. It’s just not about convenience but also safety and security. Having to find a place to store gold would be a nightmare compared to bitcoin stored very much easily albeit not less any secure. If people were to find a way to turn gold into something digital then maybe it would have a chance but right now bitcoin is definitely a better choice.

The time of gold didn't really expire,its just that bitcoin has surpassed gold in conjunction with various matching investors choice.Investors and some financial consultants have preferred bitcoin to gold in so many ways and that's just the case,although research has it that Gold is the asset with the largest market cap globally,and it is still gold at a size of $14.66 trillion.
 In as much as bitcoin and gold still share or have similarities,the decentralized feature of bitcoin means a lot to people and that shows the notion that bitcoin will continue to be needed and accepted in the future.

Bitcoin has not only proven capable of unseating gold as the superior store of value, but it has become a relevant asset to secure and build wealth in today's world.it's clear that Bitcoin has been a significant success story since its existence,Its value has skyrocketed,it's popularity and trustworthiness keeps attracting consistent growth.

[bayu7adi]

I would like to know your views on BTC and gold:

• Are you investing in BTC or gold?
• Do you think BTC has become more attractive than gold in the investment sector?
• Have people like Peter Schiff accumulated a lot of BTC while still badmouthing BTC in the media?

1 - Until now, in my country investing in gold on a small scale will not provide any profits... in fact I have stored gold for more than 3 years and it did not provide profits as big as Bitcoin... the problem is that gold buyers have a wide price spread. very wide, so that the gap between the selling price and the repurchase price never benefits small investors.

2 - Of course... BTC attracts all levels of investors, from small investors to large investors. The buying and selling competition is great and it is even decentralized which makes it move more naturally. And holding BTC for 1 year is more profitable than holding gold for 3 years... (assuming the amount of assets invested is balanced)

3 - Dunno...and don't want to know..I never cared about people who had fickle words. Besides, he didn't give me any direct benefit.

[pinggoki]

If we do a survey on a lot of people regardless of if they're using bitcoin or not, I still think that gold is more attractive to them as an investment, maybe even if we tell those people that don't know bitcoin about bitcoin unbiased, they'd still invest in gold since there's less risk and it's more tangible than that of bitcoin which is a digital currency. Can't really blame those people though, they're just trying to go with the lowest risk possible for their money, after all, money isn't really that easy to come by for any of us and we all need it to survive in this life.

Bitcoin still has a long way to go before a lot of people become accepting of it, it's going to be a lot of convincing and proving them wrong of their initial notion of bitcoin, that's why information drives are an integral part of bitcoin adoption, destroying the stereotypes and wrong ideas is the best way to move forward.

[hugeblack]

Gold and Bitcoin are two separate things and have different uses. Gold’s appeal is that it is less volatile than the dollar and Bitcoin, which means that it is a safe haven for those who want to preserve the value of their assets, something that Bitcoin failed in, while Bitcoin is a high-risk investment (depends on your definition of the word risk) and therefore has good profits. Therefore, both are used to describe an investment situation: gold is ideal as a safe haven or in case of uncertainty, and Bitcoin is of increasing value in the long term.

[mk4]

• Are you investing in BTC or gold?
• Do you think BTC has become more attractive than gold in the investment sector?
• Have people like Peter Schiff accumulated a lot of BTC while still badmouthing BTC in the media?

1. This should be obvious.

2. I mean, bitcoin has been more attractive than gold since forever. Even without looking at price charts, concept-wise and in terms of characteristics, bitcoin has always been far superior.

3. Maybe, maybe not. I doubt, but not impossible.

[TravelMug]

Or better be the question is,

It's already 2024, and why are still people comparing Bitcoin to Gold? I don't understand it, yeah maybe we can call Bitcoin as digital Gold, but the comparison stops there. And no, I don't invest on Gold, maybe just a couple of jewelries, that's it.

Peter Schiff is anti-Bitcoin, he is already late in the party. He says he rejected it in 2010 when he has the chance. So most likely he might be regretting his decision and that's why he attacks it, like comparing Bitcoin to a bubble and that doesn't believed on its long term effect.

[OcTradism]

Or better be the question is,

It's already 2024, and why are still people comparing Bitcoin to Gold? I don't understand it, yeah maybe we can call Bitcoin as digital Gold, but the comparison stops there. And no, I don't invest on Gold, maybe just a couple of jewelries, that's it.

People can make comparison especially if they are hesitating what to invest in between gold and Bitcoin. They must make their research, make own comparison before spending money for investment in one of two assets.

A simple way to compare two assets is looking at their ROIs.
https://casebitcoin.com/charts#roi_chart

Peter Schiff is anti-Bitcoin, he is already late in the party. He says he rejected it in 2010 when he has the chance. So most likely he might be regretting his decision and that's why he attacks it, like comparing Bitcoin to a bubble and that doesn't believed on its long term effect.

Peter Schiff is a serious anti-Bitcoin and I feel funny and hilarious anytime he sees Bitcoin correction and say "Bitcoin is dead now" or say "Do you see it? As I said, Bitcoin will fall and you will lose money". He continuously says it many years and with years, we see higher and higher prices of Bitcoin.

Even in bearish years, Bitcoin makes higher yearly min price with years.

[Fundamentals Of]

There's no harm to be exposed on both. Gold and Bitcoin have their own respective strengths and weaknesses as investment assets. You may prefer Bitcoin over gold for now because of how fast its value appreciates compared to gold, but when it comes to longevity, I think gold doesn't need to prove anything. Although we hope, it is not a guarantee that Bitcoin would remain relevant a century from now. As to gold, it might even be a certainty.

[Volimack]

As far as I am concerned it is up to the individual to consider gold and bitcoin as an asset to invest in but the high price of bitcoin is making bitcoin more attractive in the market than gold. If you want to hold gold as an asset its value has increased significantly but investors consider Bitcoin to be safer. It is not possible to change quickly to store gold. But with the increase in the value of bitcoin one can do whatever one wants.

[Minor Miner]

Gold and Bitcoin are two separate things and have different uses. Gold’s appeal is that it is less volatile than the dollar and Bitcoin, which means that it is a safe haven for those who want to preserve the value of their assets, something that Bitcoin failed in, while Bitcoin is a high-risk investment (depends on your definition of the word risk) and therefore has good profits. Therefore, both are used to describe an investment situation: gold is ideal as a safe haven or in case of uncertainty, and Bitcoin is of increasing value in the long term.

Many stubborn people will deny this and argue that bitcoin is still a safe haven but they do not know that a safe haven asset should be a highly stable asset and not a highly volatile asset like bitcoin.
But if bitcoin can maintain steady growth, it will still be suitable as a safe haven and inflation hedge in the long term, but no one knows how long bitcoin will be able to maintain growth. In the short term, with high levels of volatility, it really cannot be a safe haven or inflation hedge.

[Bananington]

Sincerely speaking, BTC has become more attractive an asset to own especially as it did launch its own spot exchange traded fund sometime back with the halving soon to come.
Still, I would go for gold because it is as older, if not older than any kind of currency in the world and still is the reserve currency for major world powers who have accumulated alot of it overtime.

It's price still cost more than BTC and although gold differs from BTC as regards tangibility, the idea of BTC is decentralized and as at now, more regulated than gold is.

The idea of BTC is still a volatile asset that mostly experienced traders and HoDLer gain from in an instant and if not kept properly, it can get lost as it is not your keys, not your coins.

[adaseb]

That Nilan news of acquiring all those Billions of bitcoin was completely false. They are a penny stock, market cap of like $1M there is no way they can raise enough capital to buy $1B. I think it was a pump and dump scheme.

Either why while we are on the topic, I think as a store of value bitcoin might be more volatile but it’s easier to store and spend compared to gold. Gold might get lost or stolen and you cannot split a bar of gold if you want to buy something small. Hence Bitcoin is a better alternative but people just need to understand it first.

[avikz]

It has become an overly discussed topic here in this forum.

Gold and Bitcoin are here to achieve different investment goals. When you say attractive, you mean great return. Bitcoin has outperformed every other assets in terms of returns. But it is also very risky and volatile.

On the other hand, Gold has been traditionally used for capital protection. It has not shown returns like Bitcoin, but it is not volatile as well.

So in terms of attractiveness, Bitcoin is definitely gone ahead than gold. But gold should always be a part of your portfolio so that it can give you support during bad times.

[Poker Player]

Well yes, it is clear that in this forum, at least most of us will answer yes, but there are many rich people who would tell you the same thing. One would be Saylor but another that I heard speak in the same terms would be Mark Cuban, and there are many more. In addition, for young people making their first investments I think they are also mostly investing in bitcoin, except in countries with a heavy gold tradition, such as India.

[Kakmakr]

Bitcoin might be called, digital Gold.. but there are huge differences and one of them are the difference in Volatility. The Bitcoin price is not as stable as the price of Gold and it is favored by investors for it's wild price swings.

Gold also have other uses, like the use of physical Gold in the manufacturing of high end motherboards. It is also used in the manufacturing of high priced jewelry and hoarded as a safe haven for it's price stability.

[pooya87]

Are you investing in BTC or gold?

Why "or" and not "and"?

Both Bitcoin and Gold are good at the same time not separately or instead of each other. This is because they are separate independent things that are not related to each other. For example if gold drops, it doesn't make bitcoin drop and vice versa. That makes them both excellent for diversification.

The two have different characteristics and serve different purposes too.

• Gold is very old and has been around for centuries and people have always valued it. It also has more stable price that doesn't largely go up or down. But it is a lot harder to buy and store since it is "physical", not to mention risky since it can be stolen in home robberies, etc.
• Bitcoin is very young and very volatile for that which increases the risk and the stress when you own it. But also it gives it a lot more potential for growth and a much bigger profit (ie. from <$0.001 to $70000+ in only 15 years). It is also a lot easier to buy and store and has a much less risk of being stolen if stored properly (eg. cold storage). You can also use bitcoin as a currency which is something you can't do with gold. This gives bitcoin a very valuable utility that helps it further growth.

[m2017]

I would like to know your views on BTC and gold:

• Are you investing in BTC or gold?
• Do you think BTC has become more attractive than gold in the investment sector?
• Have people like Peter Schiff accumulated a lot of BTC while still badmouthing BTC in the media?

1. Why do you use "investing in BTC or gold" in the question? There is nothing stopping from combining investing in traditional gold and digital gold, as the "gold mining company Nilam Resources" plans.

On a forum called bitcointalk, you are unlikely to hear many confessions about investing in gold.

2. I would say bitcoin is becoming more attractive in the investment sector with each new cycle.

3. This is not excluded. No intelligent investor would publicly voice their investment strategies, because this is the same as playing poker with their cards exposed.

[mindrust]

Gold has its own purpose. It is similar to bitcoin in many ways but some of its properties cannot be replicated by bitcoin and never will. First of all, gold is physical and it has that amazing shiny yellow color. That weight feels awesome too and the noise it creates when two coins hit each other… you can’t have these with bitcoin. Females will always definitely favor gold over bitcoin because they can’t wear bitcoin.

Price-wise though, bitcoin is clearly superior. Gold is barely moving and even when it does, selling physical gold is just too much hassle. The spreads are too high. Selling btc is way easier and trouble-free.

[Plaguedeath]

I would like to know your views on BTC and gold:

• Are you investing in BTC or gold?
• Do you think BTC has become more attractive than gold in the investment sector?
• Have people like Peter Schiff accumulated a lot of BTC while still badmouthing BTC in the media?

1. BTC, gold has so many risks and not as profitable as BTC.

2. Yes because it's easier to buy BTC than gold, you can buy BTC without need to go out and check the authenticity.

3. Probably, no one knows. You can't really know someone's purpose, if I own an exchange, I would say centralized exchange is best to hold your coins because you don't have to worry to lose your seed phrase. Even though my heart says cold storage or hardware wallet is the best place.

[Assface16678]

• Are you investing in BTC or gold?

BTC, I tried forex trading and mainly trading gold, I've gained a good amount but its very hard to trade in forex trading especially gold because the market can be vary and the movement sometimes is opposite or not according to the news or statistics.

• Do you think BTC has become more attractive than gold in the investment sector?

I think yes, I think the price of bitcoin is enough as a proof that bitcoin has become more popular to invest with or to trade with, So yeah bitcoin investment is much more popular and in demand now a days and will be more popular as its making a big movement and will catch the eye of those investors.

• Have people like Peter Schiff accumulated a lot of BTC while still badmouthing BTC in the media?

Believe or not, there are many investors that is previous against the bitcoin, but when they taste the reward of bitcoin they suddenly believe in it and invested on it. So I think this guys is only staying in his character but the truth he is also investing in bitcoin.

[BALIK]

1. BTC, gold has so many risks and not as profitable as BTC.

You mean gold is riskier than BTC? I agree with you that in terms of profit, bitcoin is completely superior to gold, but in terms of risk, I don't think BTC is safer than gold. Even though I am a bitcoin investor, I don't want to deny that holding and investing in bitcoin is still risky even if we have bitcoin ETFs. Bitcoin is becoming popular but it cannot really be mass adopted like gold, many countries still do not care and recognize it. So it can be said that bitcoin has become safer many years ago but it is not safer than gold.

[gunhell16]

Well, digitally speaking, my answer is yes, Bitcoin is more attractive than gold. Then, with bitcoin worth 10 dollars, at least you can buy it, but with gold, not in reality. You can't buy gold for $10.

Then the chances are higher that you will get a profit in bitcoin compared to gold, although gold is also a good investment, so most of the community in this field will actually choose bitcoin,
but if they earn a lot in bitcoin, they will be able to buy it. They are now gold as an investment.

[Finestream]

If we do a survey on a lot of people regardless of if they're using bitcoin or not, I still think that gold is more attractive to them as an investment, maybe even if we tell those people that don't know bitcoin about bitcoin unbiased, they'd still invest in gold since there's less risk and it's more tangible than that of bitcoin which is a digital currency. Can't really blame those people though, they're just trying to go with the lowest risk possible for their money, after all, money isn't really that easy to come by for any of us and we all need it to survive in this life.

Bitcoin still has a long way to go before a lot of people become accepting of it, it's going to be a lot of convincing and proving them wrong of their initial notion of bitcoin, that's why information drives are an integral part of bitcoin adoption, destroying the stereotypes and wrong ideas is the best way to move forward.

If we are going to ask those middle adults which ages from 40-65, they will surely answer gold since majority of them are not even aware about bitcoin and its value existence. However, for early adults which ages from 20-40 or even those millennials, they are more aware about technology and innovations so they prefer mostly bitcoin over gold. Also, investment preference greatly depends on how knowledgeable and well-experienced you are in a certain investment, otherwise you won’t be risking your hard-earned funds to either gold or bitcoin if you don’t know about their advantages more than their disadvantages.

[thecodebear]

I would like to know your views on BTC and gold:

• Are you investing in BTC or gold?
• Do you think BTC has become more attractive than gold in the investment sector?
• Have people like Peter Schiff accumulated a lot of BTC while still badmouthing BTC in the media?

1. BTC obviously

2. There is pretty much zero reason to invest in gold these days, because Bitcoin exists. Pretty much the only reason anyone would still be buying Gold as an investment instead of Bitcoin these days is due to lack of education on Bitcoin, or maybe a little bit just tradition like for people who buy Bitcoin but still own or buy some gold simply because its a traditional thing to own.

3. Couldn't care less about Schiff, he's a bitcoin hater and is obviously clueless on bitcoin.


Not surprising that a gold company wants to get into Bitcoin. While Gold will always be valuable, we will definitely see a shift over the next couple decades from people moving resources and money from Gold to Bitcoin because there is just no comparison, Bitcoin is simply far better. It is obvious that Bitcoin market cap will eventually pass Gold's market cap. And since Bitcoin is currently just under 10% of Gold's market cap that means over the next 2-3 decades or however long it'll take for Bitcoin to surpass Gold, Bitcoin is going to outgrow Gold by 10x, so the only reason anyone would be in Gold rather than Bitcoin is because they aren't yet educated enough on Bitcoin.

[Zigabel]

I would like to know your views on BTC and gold:

• Are you investing in BTC or gold?
• Do you think BTC has become more attractive than gold in the investment sector?
• Have people like Peter Schiff accumulated a lot of BTC while still badmouthing BTC in the media?

Both BTC and goal are very good assets to invest in and you can actually palace one above the other because they are both dynamic and have got their various advantages and disadvantage aswell so it's more like you get to look at thst which suits you well enough such what you are sure you be able to manage so we'll and then you get to invest in it and wait to get profits from it because we all invested just for the sake of profiting, Gold ahs been an old time store of value and even up till day it can still be trusted to be one as it keeps appreciating in it's value and so just like Bitcoin anytime you invest in it isn't late enough as you can still profit from it because it's profitability isn't time bound.

Actually I'm investing in Bitcoin because of its affordability, I understand that you don't have practically have to get so much funds before you can be able to invest in Bitcoin, with a little amount of dollars you can buy in units and be sure to make profit form bit coins buy with gold it's different as you would have to get a certain amount of money before you will be able to purchase gold.

[Zigabel]

I would like to know your views on BTC and gold:

• Are you investing in BTC or gold?
• Do you think BTC has become more attractive than gold in the investment sector?
• Have people like Peter Schiff accumulated a lot of BTC while still badmouthing BTC in the media?

Both BTC and goal are very good assets to invest in and you can actually palace one above the other because they are both dynamic and have got their various advantages and disadvantage aswell so it's more like you get to look at thst which suits you well enough such what you are sure you be able to manage so we'll and then you get to invest in it and wait to get profits from it because we all invested just for the sake of profiting, Gold ahs been an old time store of value and even up till day it can still be trusted to be one as it keeps appreciating in it's value and so just like Bitcoin anytime you invest in it isn't late enough as you can still profit from it because it's profitability isn't time bound.

Actually I'm investing in Bitcoin because of its affordability, I understand that you don't have practically have to get so much funds before you can be able to invest in Bitcoin, with a little amount of dollars you can buy in units and be sure to make profit form bit coins buy with gold it's different as you would have to get a certain amount of money before you will be able to purchase gold.

[sandos]

It's hard to say which one is better. I used to think Bitcoin would replace gold when the world has more young people with open minds. I'm not sure but I have read a report stating that young people in China are now using their savings to buy gold. So, gold remains a good asset when people want to invest. And of course, gold has many uses in real life compared to Bitcoin now. But who knows, maybe the future will be different.

[thecodebear]

It's hard to say which one is better. I used to think Bitcoin would replace gold when the world has more young people with open minds. I'm not sure but I have read a report stating that young people in China are now using their savings to buy gold. So, gold remains a good asset when people want to invest. And of course, gold has many uses in real life compared to Bitcoin now. But who knows, maybe the future will be different.

Bitcoin is literally banned in China. So the average person in China doesn't have access to Bitcoin. Gold would be the best option similar to bitcoin if you can't access bitcoin. But for anywhere in the world where Bitcoin isn't illegal Bitcoin is obviously the far far better option, only lack of education on Bitcoin would lead someone to choose Gold over Bitcoin.

[Plaguedeath]

1. BTC, gold has so many risks and not as profitable as BTC.

You mean gold is riskier than BTC?

Yes!

I agree with you that in terms of profit, bitcoin is completely superior to gold, but in terms of risk, I don't think BTC is safer than gold. Even though I am a bitcoin investor, I don't want to deny that holding and investing in bitcoin is still risky even if we have bitcoin ETFs. Bitcoin is becoming popular but it cannot really be mass adopted like gold, many countries still do not care and recognize it. So it can be said that bitcoin has become safer many years ago but it is not safer than gold.

Nope, this is not only profit, but in everything.

If you want to buy gold, you need to go to offline store or banks, which make everyone know you're buying gold. This harm your privacy.

Risk of getting scammed is high because many people are trying to create a fake gold that's exactly same like a real gold. You could ask professional jeweler to check the authenticity of the gold, but it would cost you and he could scam you.

Actually Bitcoin ETFs is risky, it's same like digital gold since it's just an IOU that pegged with the price of real stuff.

[Nrcewker]

If we see it practically, then Bitcoins are more popular than Gold among the younger generation. For older people it’s completely the different. If you ask me then, yes Bitcoins are more attractive than gold. There are more benefits if you invest in Bitcoins. Bitcoins don’t come with additional charges or taxes, whereas in gold it is regulated by the government and they charges unnecessary taxes. Moreover Bitcoins are easy to store and access due to the digital in nature, where in gold, it’s very difficult to manage it.

[leonair]

It's hard to say which one is better. I used to think Bitcoin would replace gold when the world has more young people with open minds. I'm not sure but I have read a report stating that young people in China are now using their savings to buy gold. So, gold remains a good asset when people want to invest. And of course, gold has many uses in real life compared to Bitcoin now. But who knows, maybe the future will be different.

Bitcoin is literally banned in China. So the average person in China doesn't have access to Bitcoin. Gold would be the best option similar to bitcoin if you can't access bitcoin. But for anywhere in the world where Bitcoin isn't illegal Bitcoin is obviously the far far better option, only lack of education on Bitcoin would lead someone to choose Gold over Bitcoin.

Bitcoin will be much more profitable than gold for those who can access and use it. Because the price of gold increases slowly by a much smaller amount, while the price of bitcoin increases over time, it increases by several times more than gold at the same duration of time between them. However, as the price of Bitcoin increases a lot, its price also decreases very quickly, so those who can take risk should invest in Bitcoin, and those who want to be less risky and want to make less profit, it would be better to invest in gold.  So it may be different for different people based on their risk taking ability

[Maslate]

Or better be the question is,

It's already 2024, and why are still people comparing Bitcoin to Gold? I don't understand it, yeah maybe we can call Bitcoin as digital Gold, but the comparison stops there. And no, I don't invest on Gold, maybe just a couple of jewelries, that's it.

Peter Schiff is anti-Bitcoin, he is already late in the party. He says he rejected it in 2010 when he has the chance. So most likely he might be regretting his decision and that's why he attacks it, like comparing Bitcoin to a bubble and that doesn't believed on its long term effect.

I guess the comparison between bitcoin and gold will be endless. And as long as bitcoin is now considered as a digital gold, then most likely those gold enthusiasts will definitely make their voice out. However, it won’t be a problem if we accumulate both bitcoin and gold, although we assure bigger allocation for bitcoin, at least we will generate multi profits.

I’m not actually a gold investor but I also believe with the high potentials of gold, but if we come to compare it with bitcoin profits, then it’s undeniable that bitcoin got the highest ROI more than any potential investments.

[Rruchi man]

• Do you think BTC has become more attractive than gold in the investment sector?

Bitcoin has become more attractive to the young who are seeking to have some kind of investments, but not very attractive to many of the older generation  to whom bitcoin is still new. If the option between been gifted gold or gifted bitcoin is thrown to a young person, without demanding to know the quantity, many young people will choose bitcoins because it will be easier for them to keep safe as they are more friendly with technology.

• Have people like Peter Schiff accumulated a lot of BTC while still badmouthing BTC in the media?

It is not impossible. Even if he has not yet accumulated bitcoins now while badmouthing BTC, his opinions may change tomorrow and he will never come out again to say that he has started accumulating bitcoins.

[buwaytress]

Not going to compare to two assets -- done to death and decontextualised to the point of frustration.

But from the pure "ooh shiny, I want" aspect?

From my anecdotal evidence, Bitcoin has not improved in the mainstream investor mind in terms of being attractive -- most notably because they feel it's far too easy to get Bitcoin (I know, it's ironic, that ease of access should do this). To get gold, to verify it's authentic (whichever form, physical, digital), and to get in line to buy? That's actually a lot harder to do for gold, and is getting increasingly harder. I recall just a few years back that banks were buying up all the gold they could -- even forcibly from existing customers.

Of course, more banks, now that gold is drying up, are turning to Bitcoin -- when that happens, and yes, I know ETFs did a lot for gold in that regard but it's really when banks are rivals with customers for Bitcoin, that's when that'll glitter.

[Agbe]

The comparison between Gold and Bitcoin has been discussed for years back and Gold can't be compared to Bitcoin base on volatile and the dynamic nature of bitcoin while Gold is a stable asset but though Gold is also valued in the globe. And before you say bitcoin is a digital Gold, you have to know that there is other cryptocurrency that might even pass Gold both in price and the Market capitalization. You know one of the good about bitcoin, you can use it to buy whatever you want in the  internet but you can't use Gold unless you are involved in the market of trade by barter.
As of today being the 27/03/2024 this the Gold price on the chart.

https://www.bullionvault.com/gold-price-chart.do
You can see the highest price of Gold and compare it with bitcoin.

[Mia Chloe]

What do you actually mean by the word attractive here? Now if I am to express my view I believe adoption fits better than attractive. The world is fast evolving and therefore a set of dynamic changes definitely occur from time to time and one of the most vastly exploited change is digital technology hence Crypto currency. From the early era gold adoption increased and gradually started declining since the adoption of paper money around the world therefore if you look closely you would notice the amount of gold assets owned by average people over time has actually reduced.

Bitcoin is actually taking a bigger set of adoption than gold and this is mainly as a result of we being in the digital era.

Have people like Peter Schiff accumulated a lot of BTC while still badmouthing BTC in the media?

As for this other people's hodling should not be your business rather you should focus on your's. Many people who speak openly against Bitcoin are actually hidden hodlers and whales.

[CryptoHeadlineNews]

• Are you investing in BTC or gold?

I have  always been a long time investor of Bitcoin, and I remain an investor of Bitcoin despite it's fluctuating nature as a decentralized digital currency whose value constantly likely to either rise or fall. And as such the earlier people realized Bitcoin being the premium asset for the future, the better for them when it's value skyrocket higher due to high demand over it's limited supply.

• Do you think BTC has become more attractive than gold in the investment sector?

Yes, Bitcoin has become more attractive than gold in the investment sector due to it's many qualities, such as; (1)it's digital, (2)it can be easily sent from one point to another at a micro seconds, (3)it's volatile, i.e offers huge advantage for "spot trading" and Dollar Cost Averaging method of accumulating more BTC.

• Have people like Peter Schiff accumulated a lot of BTC while still badmouthing BTC in the media?

It times, such media personalities can never be trusted entirely, because to some, what they preach is always totally different from what they practice, hence, confusing those who are not fully enlightened, while taking their ignorance to their personal advantage.

[Captain Corporate]

It was always good for me, it was always much better. However, if we are talking about general public then yeah I could say its not really all that enticing at the moment and that's why Bitcoin may have gotten better. Gold is something that is too slow right now, and the gap between the young and the old grew exponentially, in the 50's for example, someone that is 30-35 years old vs someone 60 years old didn't had this much gap. With more and more medical improvement,s people live longer, meaning inheritance pass a lot later in life, after you already have a kid, probably that goes to college or more. Thats why its only the salary, and gold would not help with the way it goes up. Bitcoin helps there, its important to get that profit.

[adultcrypto]

In terms of investment, BTC has outshined gold and have proven to be a better investment option in all ramifications. BTC is accessible, more profitable as data have shown, requires little capital to start and can be purchased by all income classes. The security is easier and better. On the other hand, buying physical gold is difficult and requires a lot of processes with the risk of falling into scams. Digital gold such as gold bullion also have a lot of risks and processes that not many would want to go into. SO BTC to me have become more attractive than gold.

[freedomgo]

Well, digitally speaking, my answer is yes, Bitcoin is more attractive than gold. Then, with bitcoin worth 10 dollars, at least you can buy it, but with gold, not in reality. You can't buy gold for $10.

Then the chances are higher that you will get a profit in bitcoin compared to gold, although gold is also a good investment, so most of the community in this field will actually choose bitcoin,
but if they earn a lot in bitcoin, they will be able to buy it. They are now gold as an investment.

Since you are asking us, obviously majority will answer bitcoin. But if we will take this survey into the outside community, I guess majority will chose to invest in gold rather than in bitcoin. Bitcoin is more risky than gold, so for those who have not clear knowledge about bitcoin and would only want to settle to a less risky investment, they would surely prioritize gold. But for those who are risk takers and would want to get out from their comfort zones, they will enjoy and become more challenge to invest in bitcoin rather than sticking with the traditional, quite boring gold.

[Natalim]

Gold remains too popular and is still considered by many people who are not risk-takers. Of course, those who have knowledge about crypto will certainly choose Bitcoin.

In fact, I ask some people in my place, and they never know about Bitcoin at all. It means that many are still innocent and do not know about the existence of Bitcoin. Maybe some people hear about it in the news and read on the internet about scam issues, and turn them off. At this time, Bitcoin has not yet won over gold when it talks about popularity and attractiveness due to scam issues and the strict implementation of the SEC.

[Oasisman]

Well, digitally speaking, my answer is yes, Bitcoin is more attractive than gold. Then, with bitcoin worth 10 dollars, at least you can buy it, but with gold, not in reality. You can't buy gold for $10.

Then the chances are higher that you will get a profit in bitcoin compared to gold, although gold is also a good investment, so most of the community in this field will actually choose bitcoin,
but if they earn a lot in bitcoin, they will be able to buy it. They are now gold as an investment.

Since you are asking us, obviously majority will answer bitcoin. But if we will take this survey into the outside community, I guess majority will chose to invest in gold rather than in bitcoin. Bitcoin is more risky than gold, so for those who have not clear knowledge about bitcoin and would only want to settle to a less risky investment, they would surely prioritize gold. But for those who are risk takers and would want to get out from their comfort zones, they will enjoy and become more challenge to invest in bitcoin rather than sticking with the traditional, quite boring gold.

Can't agree more. If a survey is to be taken outside, more people would actually choose gold,.especially to those who countries who are less familiar with cryptocurrencies. Plus, gold is one of the safest and way lesser volatility than any of the other investments, that you can guarantee to have a much higher value in the future and that could save your fiat's purchasing power from being affected by inflation.
Bitcoin on the other hand bears an ultimate risks, which can also give you way higher returns than gold.
These 2 are actually different type of investments, but I understand why they call bitcoin a digital gold, despite of its risk and high volatility.

[SATWAT]

Gold remains too popular and is still considered by many people who are not risk-takers. Of course, those who have knowledge about crypto will certainly choose Bitcoin.

In fact, I ask some people in my place, and they never know about Bitcoin at all. It means that many are still innocent and do not know about the existence of Bitcoin. Maybe some people hear about it in the news and read on the internet about scam issues, and turn them off. At this time, Bitcoin has not yet won over gold when it talks about popularity and attractiveness due to scam issues and the strict implementation of the SEC.

This is truth as I also have too many discussions about few things related to investment as I can't do direct about bitcoin due to have no information about this all in my area but still peoples love to invest in Gold instead of going for any other option which is risky for them.
In last few months I have talked about this bitcoin with from 50 only 3 or 4 peoples have name of bitcoin with no one know how to use this and is this investment or how to manage things in this all It's far away from adopting just because of this all I have feeling still peoples love to invest in Gold and also its much attractive thing for them.

[nurilham]

In terms of investment, BTC has outshined gold and have proven to be a better investment option in all ramifications. BTC is accessible, more profitable as data have shown, requires little capital to start and can be purchased by all income classes. The security is easier and better. On the other hand, buying physical gold is difficult and requires a lot of processes with the risk of falling into scams. Digital gold such as gold bullion also have a lot of risks and processes that not many would want to go into. SO BTC to me have become more attractive than gold.

If we are talking about the chance to get higher profits, I can agree that Bitcoin is better than Gold. But if we prefer to have stable value of investment, I think Gold is still a better choice. Bitcoin can offer higher profits but it also has a higher risk. However, no investment has no risk, even Gold also has a drop in price. Luckily, there is small chance to have bad news in Gold. It is different with Bitcoin, there are always too many FUDs. It is not very surprising if we suddenly find out FUDs about Bitcoin in any social media or news channels.

Well, I also hope Bitcoin can be more attractive for any one. I see more people have tried to join Bitcoin investment. As long as there is a positive news such as ETF market for Bitcoin, I guess Bitcoin will be a more convincing asset in the future.

[tyz]

• Do you think BTC has become more attractive than gold in the investment sector?

Both assets have their own advantages and disadvantages. BTC is indeed decentralized and easier to transport (for example if you move you can easily store your Bitcoins on a stick), while gold is a more stable and tangible asset. BTCs volatility can make it challenging for some investors, but it also offers the potential for high returns. The choice between the two depends on an individual's investment goals and risk tolerance.

Btw, I miss a third option in the survey, voting for both.

[Stalker22]

There are decent arguments on both sides.  Gold has been around forever.  But Bitcoin, this new kid on the block, keeps defying expectations and making holders excited for the future.  
This article: https://www.fool.com/investing/2024/03/01/bitcoin-vs-gold-which-one-is-a-better-investment/ offers a good breakdown of the pros and cons of each.

It is difficult to say whether Bitcoin really becomes more attractive than gold. I think we will need at least another ten years to make a fair comparison.

[AmoreJaz]

There are decent arguments on both sides.  Gold has been around forever.  But Bitcoin, this new kid on the block, keeps defying expectations and making holders excited for the future.  
This article: https://www.fool.com/investing/2024/03/01/bitcoin-vs-gold-which-one-is-a-better-investment/ offers a good breakdown of the pros and cons of each.

It is difficult to say whether Bitcoin really becomes more attractive than gold. I think we will need at least another ten years to make a fair comparison.

Just consider also the fact that a large part of the population are still hesitant to go into crypto. So we can't expect them to invest on this market. They will more than likely prefer gold over bitcoin, which for them is more familiar to venture into.
But for people who are into crypto, definitely, they can see the advantage of holding this currency. As the volatility is still the main reason why this market is attractive to investors, crypto investors will surely take advantage of this feature.

[batang_bitcoin]

I want gold but it seems that the qualities of gold that I've been looking forward before can be seen with BTC this time. And that's why if I am going to buy with some money, I'd do it with BTC instead of buying gold. Although gold has a significant long history of its valuation and it's still here up to this time, we're on the modern times where finances are changing together with assets and it seems that they're all combined with Bitcoin so for me, it's better to go with Bitcoin than gold at these times.

[Vincom]

1. Why do you use "investing in BTC or gold" in the question? There is nothing stopping from combining investing in traditional gold and digital gold, as the "gold mining company Nilam Resources" plans.

On a forum called bitcointalk, you are unlikely to hear many confessions about investing in gold.

2. I would say bitcoin is becoming more attractive in the investment sector with each new cycle.

3. This is not excluded. No intelligent investor would publicly voice their investment strategies, because this is the same as playing poker with their cards exposed.

These are just my simple questions, I welcome everyone's opinions. Please don't be limited by the question, I believe that everyone's perspective is actually more interesting than what I can imagine.

Someone has chosen gold, and I have also read their interesting opinions on choosing gold for investment. I am a fan of BTC so I want to hear the views of gold investors even though they are participating in the Bitcointalk forum.

[n0ne]

For the people who had known about bitcoin, this has been an attractive investment. Even now, not many people are aware of bitcoin. This means people are very used to gold investment, and in some parts of the world, rather than considering gold as an investment, there are people who keep buying gold to show their wealth by wearing gold ornaments. So, we can't be conclusive on this. However, with the digital generation and the need for transition, the world is moving towards cryptocurrency. I hope someday everyone gets attracted to it.

[Samlucky O]

I would like to know your views on BTC and gold:

• Are you investing in BTC or gold?
• Do you think BTC has become more attractive than gold in the investment sector?
• Have people like Peter Schiff accumulated a lot of BTC while still badmouthing BTC in the media?

1) Btc and gold is never a comparison in the first place. Although gold is also a volatile assets but as time goes on it depreciates In Value just like women will be beautiful at a tender age and becomes outdated when they get into marriage age they became choose of ok only few. While bitcoin is like a man who is not updated no matter the age. They even become more attractive when they have money in their hand. In conclusion btc is more profitable than Gold. Gold price can be predicted and has a limit but Bitcoin price is unlimited. And also Bitcoin can be traded through online P2P without stress but gold requires physical p2p and that would delay your purchases.

2) I prefer investing in bitcoin than investing on Gold. You can buy bitcoin worth 10 billion dollars and keep it on your wallet without even anyone noticing you have that number of bitcoin in your holding. But if you buy such number of gold you will not be at peace with yourself because a place of storage will be a problem for you . I have many other options to prove how important btc is, over Gold.

You can travel anywhere around the world with your Bitcoin in your wallet but can not travel with Gold,k but still need to sell it before you.

[GreatArkansas]

I want gold but it seems that the qualities of gold that I've been looking forward before can be seen with BTC this time. And that's why if I am going to buy with some money, I'd do it with BTC instead of buying gold. Although gold has a significant long history of its valuation and it's still here up to this time, we're on the modern times where finances are changing together with assets and it seems that they're all combined with Bitcoin so for me, it's better to go with Bitcoin than gold at these times.

Whether Bitcoin has become more attractive than gold depends on individual investment goals, risk tolerance, and perspectives on future economic trends.

Some investors may prefer the relative stability of gold, while others may be drawn to the potential for high returns from Bitcoin.

[Smack That Ace]

In terms of investment, BTC has outshined gold and have proven to be a better investment option in all ramifications. BTC is accessible, more profitable as data have shown, requires little capital to start and can be purchased by all income classes. The security is easier and better. On the other hand, buying physical gold is difficult and requires a lot of processes with the risk of falling into scams. Digital gold such as gold bullion also have a lot of risks and processes that not many would want to go into. SO BTC to me have become more attractive than gold.

What difficulties do you encounter in the process of buying physical gold and what are those difficulties? In addition, based on what do you think that buying gold can easily lead to scams? And buying bitcoin will never get scammed? are you sure?

Bitcoin becomes more attractive to you or me, simply because we don't have a lot of money, we only have a very small amount of capital but want to get rich quickly. That's why we choose bitcoin because no investment will make us rich faster than bitcoin.

[Maus0728]

I don't think it is close to being more popular than gold, think about this, even though bitcoin's got a lot of press and online presence, the thousand year history of gold is still the biggest factor as to why bitcoin can't defeat gold in terms of popularity or attractiveness as an investment, my reasoning for this is because if you ever ask someone that has no idea about bitcoin or probably got some idea what bitcoin is but they didn't care about investing in it, they'd choose to invest or take the gold instead of bitcoin 10 times out of 10. Some might say that I'm wrong but you can probably test it out and people would choose gold over bitcoin even if you tell them that bitcoin's got more potential in growth.

[Z390]

Bitcoin is better than gold in terms of ROI, gold doesn't bring insane profits back to investors like Bitcoin, the ROI wise is so marginal that it makes gold look less attractive, many people today will prefer to sell their gold for Bitcoin, or have less gold and more bitcoin.

The only advantage of Gold is less volatility, unlike Bitcoin which can retrace marginally, the right store of value is still gold in this case but Bitcoin can also be used as a store of value, it's just that when you need money fast you can end up selling your bitcoin for loss, but with gold, the price will still be better.

Mind you, if you rush to sell Bitcoin it depends on its present value at the time, it can favor you even more since the price goes up and down, but it is best to only invest money that you won't need for much months to come on bitcoin because as time goes by bitcoin do add more value.

[CryptSafe]

OP, in contrast, it is not a bad idea for one to invest in gold. As a matter of fact, gold has been in existence  long before Bitcoin inception but however, Bitcoin has taken over the market because of its accessibility and have shown itself to be the next phase of gold in a digital form or version of itself. Bitcoin is limited in number which is a very good point for price appreciation compared to gold which has millions of it in circulation which I believe might likely cause a decline in price value in years to come when Bitcoin is fully adopted globally.

In terms of safety and security, holding or investing in Bitcoin is more secured and safe to do compared to gold. As an individual, you can not go and buy gold on your own and store it personally without people knowing that you have such in your possession that is where the security risk comes in which is not so In Bitcoin. You can buy Bitcoin from any part of the world and store in your private wallet under your custody without any notice from any where. You can move about with it and no one to notice you. This is how Bitcoin is very much safe and secured to hold compared to gold.
I believe in a matter of time, Bitcoin would globally gain it's traction as it is expected to. Already there are.pro bitcoin group in various countries doing what the could do best to create awareness of Bitcoin within their capacity and I believe it would definitely yield fruitful results in less than no time.

[peter0425]

I would like to know your views on BTC and gold:

• Are you investing in BTC or gold?

just plain Bitcoin though  i still have my late grandmothers Gold set that being inherit to me but my own funds? is for bitcoin.

• Do you think BTC has become more attractive than gold in the investment sector?

depending on which are we talking because if this is about asian people then I gues many are attracted in bitcoin.

Update 2024.03.27: The announcement raises doubts about its legitimacy because Nilam, a company with a market value of only $4 million, plans to purchase a massive $1.7 billion worth of Bitcoin

this is just a Fake news , or popularization because they are trying to boost their name using bitcoin .[/list]

[Ayers]

I don't think it is close to being more popular than gold, think about this, even though bitcoin's got a lot of press and online presence, the thousand year history of gold is still the biggest factor as to why bitcoin can't defeat gold in terms of popularity or attractiveness as an investment, my reasoning for this is because if you ever ask someone that has no idea about bitcoin or probably got some idea what bitcoin is but they didn't care about investing in it, they'd choose to invest or take the gold instead of bitcoin 10 times out of 10. Some might say that I'm wrong but you can probably test it out and people would choose gold over bitcoin even if you tell them that bitcoin's got more potential in growth.

I am the only one in my family who chose bitcoin, my parents, my wife, aunts and uncles they all chose gold and real estate, even though they knew very well I made a lot of money investing in it.

Yes, you are right, we should not deny that bitcoin will not be more popular than gold and still cannot surpass gold in some aspect. Gold is still considered the safest option to date and is sometimes preferred over real estate. We cannot yet confirm whether bitcoin will beat gold in popularity in the future, but for now, bitcoin is still far behind gold in popularity.

[EarnOnVictor]

I would like to know your views on BTC and gold:

• Are you investing in BTC or gold?

I invest in Gold and Bitcoin since both are useful for traders and investors, you just need to know how to work your way through them. As we know, Gold can't give HODLers enough money just as the high price of Bitcoin now, this is why I primarily trade Gold aside from the physical asset that I have and shun holding it. Nonetheless, I've started buying Bitcoin at around $19,000 if I average all my striking points. But now, I only trade it in futures once in a while since the price is discouraging to invest and hold. As for Gold, I trade it daily with online brokers and I can say it is the asset I trade and earn most from in the financial market.

You can see none of them is useless, it just depends on your plan.

• Do you think BTC has become more attractive than gold in the investment sector?

Yes, you can invest in Bitcoin at a low price and keep it. By this, you can easily gain x5 of your money in a year plus. But you can't do that with Gold. You are better trading it to earn from it.

• Have people like Peter Schiff accumulated a lot of BTC while still badmouthing BTC in the media?

I like to respect people's thoughts and opinions. The experts in the financial market field will think differently about Bitcoin and you can't blame them for it. But these days, a lot of them are now shifting grounds because Bitcoin is now behaving better like an asset, and with the gradual relevance it gains, it is a good reason for them to begin to change their stance.

Specifically, about Peter Schiff's regular remarks, I so much agree with him and I must say that he thinks like me. Notwithstanding, every sensible economist who is also futuristic should now be positive about Bitcoin for the obvious reasons around us.

[DanWalker]

2) I prefer investing in bitcoin than investing on Gold. You can buy bitcoin worth 10 billion dollars and keep it on your wallet without even anyone noticing you have that number of bitcoin in your holding. But if you buy such number of gold you will not be at peace with yourself because a place of storage will be a problem for you . I have many other options to prove how important btc is, over Gold.

You can travel anywhere around the world with your Bitcoin in your wallet but can not travel with Gold,k but still need to sell it before you.

But I bet you that if you had 10 billion USD or a large amount of money, you would never dare to fully invest in bitcoin even if you knew that you had full ownership of your assets. Besides the guarantee of privacy and self-control of assets, the fact that our assets are 100% bitcoin also has risks that if we make a mistake, we will regret it for the rest of our lives.

Gold will be essential in that case as you will definitely need to diversify your assets to ensure your safety. Gold also has very good use cases and bitcoin is not perfect.

[Arenga pinnata]

I would like to know your views on BTC and gold:

• Are you investing in BTC or gold?
  ( Well of course I invested in BTC. Although maybe I am a little late but I am increasingly excited to invest more in BTC. )
• Do you think BTC has become more attractive than gold in the investment sector?
  (I belong to the younger generation who is actually less interested in gold than BTC. So for me Bitcoin is clearly more attractive in the investment sector too.)
• Have people like Peter Schiff accumulated a lot of BTC while still badmouthing BTC in the media?
  (I think he collected them a long time ago. Unless he is too late to understand the potential of bitcoin itself.)

[Marvelman]

2) I prefer investing in bitcoin than investing on Gold. You can buy bitcoin worth 10 billion dollars and keep it on your wallet without even anyone noticing you have that number of bitcoin in your holding. But if you buy such number of gold you will not be at peace with yourself because a place of storage will be a problem for you . I have many other options to prove how important btc is, over Gold.

You can travel anywhere around the world with your Bitcoin in your wallet but can not travel with Gold,k but still need to sell it before you.

But I bet you that if you had 10 billion USD or a large amount of money, you would never dare to fully invest in bitcoin even if you knew that you had full ownership of your assets. Besides the guarantee of privacy and self-control of assets, the fact that our assets are 100% bitcoin also has risks that if we make a mistake, we will regret it for the rest of our lives.

Gold will be essential in that case as you will definitely need to diversify your assets to ensure your safety. Gold also has very good use cases and bitcoin is not perfect.

Let me just say, 10 billion in anything would make me nervous, digital or not! There's no way I'd go all-in either. Imagine accidentally losing the private key of the wallet or sending all that Bitcoin to the wrong address. One wrong click and it's adios to your savings! But Bitcoin's portability is definitely a plus. Gold is much bulkier and more difficult to transport. You need a large secure storage, anti-theft security measures, etc.

Maybe you're right - and mix is the way to go? Best of both worlds.

[Betwrong]

I have been saying it for years. BTC is way more attractive than gold in terms of investments. Gold is overpriced because people have been using gold as jewellery for millennia, but in the last years it goes more and more out of fashion. And it's only a matter of time when gold will be replaced in all its electronic applications.

[Taskford]

I don't think it is close to being more popular than gold, think about this, even though bitcoin's got a lot of press and online presence, the thousand year history of gold is still the biggest factor as to why bitcoin can't defeat gold in terms of popularity or attractiveness as an investment, my reasoning for this is because if you ever ask someone that has no idea about bitcoin or probably got some idea what bitcoin is but they didn't care about investing in it, they'd choose to invest or take the gold instead of bitcoin 10 times out of 10. Some might say that I'm wrong but you can probably test it out and people would choose gold over bitcoin even if you tell them that bitcoin's got more potential in growth.

I am the only one in my family who chose bitcoin, my parents, my wife, aunts and uncles they all chose gold and real estate, even though they knew very well I made a lot of money investing in it.

Yes, you are right, we should not deny that bitcoin will not be more popular than gold and still cannot surpass gold in some aspect. Gold is still considered the safest option to date and is sometimes preferred over real estate. We cannot yet confirm whether bitcoin will beat gold in popularity in the future, but for now, bitcoin is still far behind gold in popularity.

Not surprising to see that since even me I am the only one in family who choose bitcoin all of them select those traditional assets since they think its more safer rather than selecting those unknown to them. I can say that they are quiet doing well with their investment since they know what they are doing and same with me they see that I am fine also earning that's why there's no negative thoughts or dialogue happen. Its just investment situation depends on people like or expertise that's why we can't question people why they like gold or bitcoin since its their choice to choose what can give them good security. We cannot confirm if bitcoin defeat gold but one thing is for sure bitcoin dominance is growing and it became more famous to a lot of people especially that price of bitcoin still growing.

[fuguebtc]

2) I prefer investing in bitcoin than investing on Gold. You can buy bitcoin worth 10 billion dollars and keep it on your wallet without even anyone noticing you have that number of bitcoin in your holding. But if you buy such number of gold you will not be at peace with yourself because a place of storage will be a problem for you . I have many other options to prove how important btc is, over Gold.

You can travel anywhere around the world with your Bitcoin in your wallet but can not travel with Gold,k but still need to sell it before you.

But I bet you that if you had 10 billion USD or a large amount of money, you would never dare to fully invest in bitcoin even if you knew that you had full ownership of your assets. Besides the guarantee of privacy and self-control of assets, the fact that our assets are 100% bitcoin also has risks that if we make a mistake, we will regret it for the rest of our lives.

Gold will be essential in that case as you will definitely need to diversify your assets to ensure your safety. Gold also has very good use cases and bitcoin is not perfect.

Let me just say, 10 billion in anything would make me nervous, digital or not! There's no way I'd go all-in either. Imagine accidentally losing the private key of the wallet or sending all that Bitcoin to the wrong address. One wrong click and it's adios to your savings! But Bitcoin's portability is definitely a plus. Gold is much bulkier and more difficult to transport. You need a large secure storage, anti-theft security measures, etc.

Maybe you're right - and mix is the way to go? Best of both worlds.

Everything has pros and cons, and having full control of our money through bitcoin also has worrying disadvantages as you mentioned. Meanwhile, gold is too bulky and we have difficulty hiding it from others. Diversification is something we should do, and the more diverse we are, the better it is for us. Not only gold, real estate, stocks... are all good solutions to diversify assets.

Most say they wouldn't need gold, but I believe if they had a large amount of money, they would know how important diversification is.

[BlackHatCoiner]

I would like to know your views on BTC and gold:

• Are you investing in BTC or gold?
• Do you think BTC has become more attractive than gold in the investment sector?
• Have people like Peter Schiff accumulated a lot of BTC while still badmouthing BTC in the media?

• I'm all into gold. 
• Yes. Gold is just bitcoin you can't send over the Internet. Jokes asides, bitcoin inherits every characteristic of gold that makes it a store of value, and it adds on itself flexibility of transfer, provable money supply, much lower costs of transfer, and censorship-resistant, borderless transactions.
• How should I know such a thing, and why is it important?

[BTC_Dragon]

I'd assert BTC and gold are merely two forms of the same ideal, and both are worth having exposure to.

[michellee]

So far, I have invested a larger portion in Bitcoin than gold because I have seen how much profit I can get from Bitcoin. Investing in Bitcoin is more attractive than gold because of the difference in Bitcoin prices which can provide big profits. However, investing in Bitcoin carries risks that unprepared investors may not be able to face.

Maybe gold is the second choice for investors already familiar with Bitcoin. They focus their investment on Bitcoin because they have seen Bitcoin's journey over time. That is why they are still collecting more Bitcoins because they still want big profits from investing in Bitcoin.

But we don't know how many Bitcoins are owned by people who invest in Bitcoin. That is a secret for each investor because they will keep their Bitcoin without other people knowing.

[aoluain]

I have been saying it for years. BTC is way more attractive than gold in terms of investments. Gold is overpriced because people have been using gold as jewellery for millennia, but in the last years it goes more and more out of fashion. And it's only a matter of time when gold will be replaced in all its electronic applications.

and there have been countless threads on the forum here comparing the two and their merits.

TBH I cant see the merit of owning Gold other than that its price moves in a very kind of controlled
way compared to Bitcoin. Its said that the Gold market is controlled? The market has had a range
of €400 from low to high in the last year, from $2000/oz down to $1800/oz and today at $2200/oz.

At todays price I can trade my Bitcoin and get 1KG of Gold, but I would like that actual thing, not a
certificate to say I own 1KG but wait I'm flying to another country and would like to take it with
me but that wont be allowed and how do I keep it safe?

How would you feel if you held 30% of your wealth in Gold while another 30% is appreciating so
much in Bitcoin? a non-performer v's a super performer.

Yup Bitcoin is definitely more attractive than Gold.

[AnonBitCoiner]

• Are you investing in BTC or gold?
• Do you think BTC has become more attractive than gold in the investment sector?

Both are advantageous as both possess higher demand, higher cost as well as huge success so we should choose it according to our needs and knowledge. People are choosing bitcoin more often because it's price is elevating rapidly and current demands for bitcoin is higher because of coming halving.

Bitcoin is successful but we can also not ignore the value of gold as it is a successful assets that persists for years. People are still buying gold at larger number because its Fluctuations are less than that of bitcoin so buy both and take the advantage from both.

[dunfida]

I have been saying it for years. BTC is way more attractive than gold in terms of investments. Gold is overpriced because people have been using gold as jewellery for millennia, but in the last years it goes more and more out of fashion. And it's only a matter of time when gold will be replaced in all its electronic applications.

and there have been countless threads on the forum here comparing the two and their merits.

TBH I cant see the merit of owning Gold other than that its price moves in a very kind of controlled
way compared to Bitcoin. Its said that the Gold market is controlled? The market has had a range
of €400 from low to high in the last year, from $2000/oz down to $1800/oz and today at $2200/oz.

At todays price I can trade my Bitcoin and get 1KG of Gold, but I would like that actual thing, not a
certificate to say I own 1KG but wait I'm flying to another country and would like to take it with
me but that wont be allowed and how do I keep it safe?

How would you feel if you held 30% of your wealth in Gold while another 30% is appreciating so
much in Bitcoin? a non-performer v's a super performer.

Yup Bitcoin is definitely more attractive than Gold.

Pretty obvious on whose really that performing well and come to think that we are just a decade+ of existence then we have seen that growth when it comes to value but actually there's no point on having such comparison. Why? We know that Gold and Bitcoin arent something similar. It is really just that people around do really love on tying things up as if it was really something that good to compare into.
Why would really be making yourself that getting stressed into this matter if you could really be simply be able to invest on both things then you wont really be having that kind of doubts in mind
on whose better. 

Honestly, ive been also keeping up my gold possessions too at the same time i do have made out some investment on Bitcoin or crypto and other things as well like stocks which are really that good
on holding up for long term. It would really be just that actually be depending into your capacity on investing on which not all would really be that bale to do so. It would really be
something situational i should say.

[Miles2006]

Comparing both bitcoin and gold is not necessary, I have seen similar argument concerning gold and bitcoin. Both investment choice has pros and cons likewise other investment. Going for bitcoin seems difficult for most people due to the volatile nature and even with this features bitcoin still stands strong so I believe bitcoin is a top choice, gold also has an amazing feature but an investor can choose both as an investment choice if only an investor has the resources to keep up with investing. Investing in bitcoin now is everyone's target, buy and hold but I don't think I can keep up with both investment so I invest only in bitcoin.

[South Park]

Comparing both bitcoin and gold is not necessary, I have seen similar argument concerning gold and bitcoin. Both investment choice has pros and cons likewise other investment. Going for bitcoin seems difficult for most people due to the volatile nature and even with this features bitcoin still stands strong so I believe bitcoin is a top choice, gold also has an amazing feature but an investor can choose both as an investment choice if only an investor has the resources to keep up with investing. Investing in bitcoin now is everyone's target, buy and hold but I don't think I can keep up with both investment so I invest only in bitcoin.

Regardless of which one people pick, I think both are a good choice, bitcoin suits more those that are willing to take higher risks and can accept the responsibility of holding their coins when there is a strong correction, gold on the other hand is more stable but it also requires more time to grow in value, what people cannot afford to do is to keep holding large amounts of fiat, since they are allowing themselves to be robbed by governments thanks to the inflation tax.

[Vincom]

• I'm all into gold. 
• Yes. Gold is just bitcoin you can't send over the Internet. Jokes asides, bitcoin inherits every characteristic of gold that makes it a store of value, and it adds on itself flexibility of transfer, provable money supply, much lower costs of transfer, and censorship-resistant, borderless transactions.
• How should I know such a thing, and why is it important?

This is one of the answers I've been waiting for, at least someone believes in gold more than BTC and lets people know his clear point of view. Everyone has the right to choose their own investment assets, freedom is one of the values that BTC always encourages.

I am interested in the actions and words of BTC anti-fans because if they act contrary to their words, what they say will no longer be really valuable and we will not need to care about them anymore. We will no longer have FUD news on the market talking about the worthlessness of BTC or announcements of the 1000th death of BTC on the media. For BTC fans, this is not really important, but for less experienced investors, such news has a strong impact on their investment decisions, they may leave the crypto market just because they believe in the statements of a celebrity.

[GbitG]

• Are you investing in BTC or gold?
• Do you think BTC has become more attractive than gold in the investment sector?

Yeah, sure I am investing in Bitcoin, not in gold. Both have their own pros and cons, but anyway today the world has a new mindset, like they want everything in their hands, like one click away from their hand. So I think people should love and have taken more interest in those things who have a strong sense of privacy and have less cost of swapping, like transferring from one to another.
 
In addition, the answer to your second point is that all over the world, the young generation including Mee, is just more attractive towards Bitcoin than Gold in terms of investment. And the reason for this is that Bitcoin is one of the only assets that, due to its volatile nature, has returned high amounts in a short period of time on investment. While Gold has less volatility and its investment return is long, that too is not as high as Bitcoin gives. It is true that Bitcoin is a highly volatile asset, but a short time gives a big return to the investor. For example, in 10 years Bitcion has given a 227x return to its investor while gold has only given a 2x return in 10 years. 
 
So Bitcoin is digital gold; it has far the best quality from all perspectives, including expected volatility. And the interesting thing is that bitcoin is better than gold because of their volital nature.

[0t3p0t]

I would like to know your views on BTC and gold:
1. Are you investing in BTC or gold?
2. Do you think BTC has become more attractive than gold in the investment sector?
3. Have people like Peter Schiff accumulated a lot of BTC while still badmouthing BTC in the media?

1. Of cource I am more interested in Bitcoin than Gold. The precious metal is just my option of investment because my main investment would be Bitcoin.
2. Yes! Bitcoin has become more attractive than gold in the investment sector because more and more institutions and billionaires prefer to invest on it rather than gold though some of them has both but the stability of gold will give less profit for them compared to the volatile Bitcoin.
3. I am not familiar with Peter but that what he is doing might be a diversional tactics to create FUD so he can buy and fill in his bags. I might be wrong but that is possible. 

[JunaidAzizi]

We know that from ancient times gold has been used as a standard for money ok that's good for that time but for now Bitcoin is more progressive than gold. I would like to tell you a simple maths which is only for the understanding. Took gold similar to one coin of Bitcoin and then provided the value of both, as compared to gold Bitcoin has a much higher price and it's proven that a single coin of Bitcoin has a much higher price than a large quantity of gold. This is just for the understanding. Now from time to time, things evolve people used to exchange something to buy the things they wanted , gold coins came and after that Paper currency which is using everywhere similarly Bitcoin is the new form or mode of currency which shows that Bitcoin is much stronger than gold and attractive. So investing in Bitcoin is much better than gold.

[Ayers]

I don't think it is close to being more popular than gold, think about this, even though bitcoin's got a lot of press and online presence, the thousand year history of gold is still the biggest factor as to why bitcoin can't defeat gold in terms of popularity or attractiveness as an investment, my reasoning for this is because if you ever ask someone that has no idea about bitcoin or probably got some idea what bitcoin is but they didn't care about investing in it, they'd choose to invest or take the gold instead of bitcoin 10 times out of 10. Some might say that I'm wrong but you can probably test it out and people would choose gold over bitcoin even if you tell them that bitcoin's got more potential in growth.

I am the only one in my family who chose bitcoin, my parents, my wife, aunts and uncles they all chose gold and real estate, even though they knew very well I made a lot of money investing in it.

Yes, you are right, we should not deny that bitcoin will not be more popular than gold and still cannot surpass gold in some aspect. Gold is still considered the safest option to date and is sometimes preferred over real estate. We cannot yet confirm whether bitcoin will beat gold in popularity in the future, but for now, bitcoin is still far behind gold in popularity.

Not surprising to see that since even me I am the only one in family who choose bitcoin all of them select those traditional assets since they think its more safer rather than selecting those unknown to them. I can say that they are quiet doing well with their investment since they know what they are doing and same with me they see that I am fine also earning that's why there's no negative thoughts or dialogue happen. Its just investment situation depends on people like or expertise that's why we can't question people why they like gold or bitcoin since its their choice to choose what can give them good security. We cannot confirm if bitcoin defeat gold but one thing is for sure bitcoin dominance is growing and it became more famous to a lot of people especially that price of bitcoin still growing.

In addition, we should also respect each other because each person will have different preferences, even if bitcoin is better than gold, if they don't like bitcoin and choose gold, there's nothing wrong. Don't be an ugly bitcoin investor, when we try to compare bitcoin with all other assets and say bitcoin is the best and hate those who don't like bitcoin. This is what I see in some bitcoin investors, they are willing to criticize someone if the other person doesn't like bitcoin.

[Tmoonz]

The world has gone far globally digitalize such that Bitcoin has proven to be the best option when it comes to the world digital asset class and I don't think it will be necessary making any comparison of any kind, Bitcoin has gain more widespread adoption across many countries and it is still at it's newest age not to talk of when it will become more older. Thou there are still people who will value gold over Bitcoin with their reasons and perspective and every man will stand for what seem best for him.

[bitcampaign]

The world has gone far globally digitalize such that Bitcoin has proven to be the best option when it comes to the world digital asset class and I don't think it will be necessary making any comparison of any kind, Bitcoin has gain more widespread adoption across many countries and it is still at it's newest age not to talk of when it will become more older. Thou there are still people who will value gold over Bitcoin with their reasons and perspective and every man will stand for what seem best for him.

It's true that this is very evident today, in fact it is said to be accelerating very fast regarding global digitalization which is very high and there are many people interested in it from all walks of life, in fact both are equally valuable, the only difference is that they are physical, one is in digital form and the other is in the form of objects, but the advantages are the same. it is a long-term investment, it all depends on how the holders like to use it, it's just that gold tends to be cheaper at the moment and is very different from Bitcoin as the years go by, the price per 1BTC will become more expensive.

[Antotena]

In terms of investment, BTC has outshined gold and have proven to be a better investment option in all ramifications. BTC is accessible, more profitable as data have shown, requires little capital to start and can be purchased by all income classes. The security is easier and better. On the other hand, buying physical gold is difficult and requires a lot of processes with the risk of falling into scams. Digital gold such as gold bullion also have a lot of risks and processes that not many would want to go into. SO BTC to me have become more attractive than gold.

The reason why Bitcoin has achieved this mile stone is because Bitcoin is decentralized digital assets which anyone can buy, there is not anything like fake Bitcoin out there but when it comes to gold, you have to follow the normal procedures and protocols else you risk buying fake gold that might not be pure gold and you will lose  your money because nobody but fake gold.

Another advantage why Bitcoin has achieved a lot is because of the exchanges, if you want to trade Bitcoin, you don't have to leave the comfort of your home, there are plenty of exchanges which you can trade your coin instantly without any delay and some exchange can help you convert your Bitcoin to fiat directly to your bank account but but gold is a physical asset which you have to take to either a real Bitcoin buyer or some pawn shop to exchange your coin, your might not be able to sell at the real price unlike Bitcoin that is easy and safe within your house.

[HelliumZ]

Both gold and bitcoin are good enough for investment but if the nature of investment is considered in both cases especially in case of gold then it must be said that investing in gold is safer than bitcoin. If we come to the country wise discussion then the matter is very clear because Bitcoin is not accepted in all the countries of the world but gold is accepted in all the countries of the world. in goldThere will be no ban if you invest but if you invest in bitcoin there will definitely be legal ban and especially in my Bangladesh if you invest in bitcoin you have to get involved in legal trouble while if you invest in gold there is no risk. But another thing is not to say that the way the world is currently increasing the popularity of Bitcoin, people will be interested in investing in Bitcoin more than gold.

[bluebit25]

The fact that the comparison between Bitcoin and gold is irrelevant has been stated. Because each of these two asset classes has its own characteristics, which should be taken into account depending on investment goals and risk preferences.

This point concerns the prospect of diversification through holding both Bitcoin and gold as being reasonable. Mixing high-risk assets with low-risk investments into one's portfolio provides a balanced mix of growth potential and safety. However, this is only my personal opinion, after all, everyone has different ways of playing.

[AnonBitCoiner]

The fact that the comparison between Bitcoin and gold is irrelevant has been stated. Because each of these two asset classes has its own characteristics, which should be taken into account depending on investment goals and risk preferences.

This point concerns the prospect of diversification through holding both Bitcoin and gold as being reasonable. Mixing high-risk assets with low-risk investments into one's portfolio provides a balanced mix of growth potential and safety. However, this is only my personal opinion, after all, everyone has different ways of playing.

I think we should make our own thoughts based on experience and knowledge and instead of wasting time on making comparison between them we have to choose any one of them in which we trust most and hold it until it satisfies our needs. If someone wants to check out the most successful asset then he should divide his cash to put into both so he can find the result and then enhance his investment in most profitable assets.

I think for gold investments we don't need excessive knowledge and have to buy gold for lots of years until it multiply in cost to provide us payback whereas we have to keep check on price chart for bitcoin movement for buying more and more and prepare our bags for bull season.

[$weetne$$]

The world has gone far globally digitalize such that Bitcoin has proven to be the best option when it comes to the world digital asset class and I don't think it will be necessary making any comparison of any kind, Bitcoin has gain more widespread adoption across many countries and it is still at it's newest age not to talk of when it will become more older. Thou there are still people who will value gold over Bitcoin with their reasons and perspective and every man will stand for what seem best for him.

People who value gold more than Bitcoin are those that still think that Bitcoin is a scam and it's going to die very soon therefore they don't want to risk investing into Bitcoin then lose all their investments when Bitcoin vanish as they think but they are not thinking well because Bitcoin isn't going to crash or vanish. Bitcoin is more attractive than gold because Bitcoin is decentralized and can also give more profits than gold. If you had invested same amount into Bitcoin and Gold since the start of the year, you would had made more profits if you invested in Bitcoin as Bitcoin always outperform other types of investments eveytime even in the bear market years as Bitcoin is a more attractive investment to investors that are just starting life and those are becoming a big part of the global markets.

[WeThePe0ple]

Can anyone here name 1 quality that gold has, while bitcoin does not have it?

I can't. Some say it's less volatile but that's just because it is more known.

The other way around, BTC is much more divisible making it much more suited as a means of payment.
It's also easier to carry and transport in safety.

[Hypnosis00]

The fact that the comparison between Bitcoin and gold is irrelevant has been stated. Because each of these two asset classes has its own characteristics, which should be taken into account depending on investment goals and risk preferences.

Whether you like it or not these two different assets are not now the most attractive investment in the world today. Some people are selling their goals for Bitcoin and it means that people have more positive insights for Bitcoin than Gold.

This point concerns the prospect of diversification through holding both Bitcoin and gold as being reasonable. Mixing high-risk assets with low-risk investments into one's portfolio provides a balanced mix of growth potential and safety. However, this is only my personal opinion, after all, everyone has different ways of playing.

Yes, having the two, is the better idea. Gold has been known for its continuous price increase yet very slow while Bitcoin has to be known for its rapid growth but the risk is too high due to the stability of the price. That is to believe that high risk-takers will choose Bitcoin but low risk-takers will choose gold alone. But whatever we choose, both of them are worth investing in and profitable.

[BlackHatCoiner]

This is one of the answers I've been waiting for, at least someone believes in gold more than BTC and lets people know his clear point of view.

You're kidding me, right? It was just a joke of mine. I'm obviously not invested in gold given the fact that I'm writing in a Bitcoin forum, presenting arguments of bitcoin being superior in every property comparably to gold.

I can't. Some say it's less volatile but that's just because it is more known.

It's less volatile for two reasons.

• Bitcoin supply cannot increase with increased demand. This means more intense price fluctuations.
• Probably just speculation of mine, but central banks and governments holding most of the gold makes it difficult to create the same kind of market volume as with bitcoin.

[Vincom]

The fact that the comparison between Bitcoin and gold is irrelevant has been stated. Because each of these two asset classes has its own characteristics, which should be taken into account depending on investment goals and risk preferences.

This point concerns the prospect of diversification through holding both Bitcoin and gold as being reasonable. Mixing high-risk assets with low-risk investments into one's portfolio provides a balanced mix of growth potential and safety. However, this is only my personal opinion, after all, everyone has different ways of playing.

The differences between gold and BTC can be referenced from many sources. I just want to point out the potential that BTC has become more attractive than gold as an investment for institutions, companies, and even countries. I think this is an important step towards the acceptance of BTC in the financial market and in the investment sector.

Currently, investors are often advised to diversify a portion of their portfolio, around 5-15%, into BTC or spot BTC ETFs to achieve higher returns while still managing risk well. This is similar to what may have happened with spot gold ETFs in the past. BTC may be outperforming gold in terms of attractiveness and popularity.

[inashed]

Can anyone here name 1 quality that gold has, while bitcoin does not have it?

Gold has value by itself as its used to do stuff and so its value is derived by the fact it has value by itself and its limited amount, bitcoin have value because people believe (because of its features, like half of the remaining coins being mined every 4 years) that it will have monetary value.

[danadc]

Bitcoin is the action that has the most fiduciary value above gold, and it is an asset that will continue to grow more, with respect to gold it is not whether it is more or less, gold has more history, bitcoin its history goes back to the 2009, so these types of things are what must be analyzed before being able to issue any opinion, it is valuable to have both, gold and bitcoin, gold can now be owned by any person digitally, in many ways, in the stock market or in other ways. crypto that are digital gold, but many times we have come across some stories or some articles that say that digital gold is Bitcoin.

But here the important thing is to know how to differentiate between the two, both are money and represent it, and each one has its corresponding value, gold represents security in the traditional economy and bitcoin represents current and future security.

[Ale88]

I would like to know your views on BTC and gold:

• Are you investing in BTC or gold?
• Do you think BTC has become more attractive than gold in the investment sector?
• Have people like Peter Schiff accumulated a lot of BTC while still badmouthing BTC in the media?

I am way more interested in bitcoin rather than gold: I understand gold is a reserve of value and it also goes up in value but right now bitcoin has way more space to grow compared to gold, so the choice is clear for me. And in general, yes, I do think bitcoin is more attractive than gold, at least among younger generations. Lastly, I think people like Peter Schiff are just too stubborn to change their mind.

[Kristiyana]

Can anyone here name 1 quality that gold has, while bitcoin does not have it?

Gold has value by itself as its used to do stuff and so its value is derived by the fact it has value by itself and its limited amount, bitcoin have value because people believe (because of its features, like half of the remaining coins being mined every 4 years) that it will have monetary value.

Bitcoin and gold are relatively easy to purchase,since there is a ready market for both,but gold has the edge because there is an established way of trading gold.

[3kpk3]

I don't think BTC will ever surpass gold in terms of popularity. For example, some countries depend on gold more than their own FIAT currency thanks to it getting devalued due to inflation etc.

BTC will continue rising in popularity over time for sure, but it will never overtake gold in my opinion.

[justdimin]

sure I am investing in Bitcoin, not in gold. Both have their own pros and cons, but anyway today the world has a new mindset, like they want everything in their hands, like one click away from their hand. So I think people should love and have taken more interest in those things who have a strong sense of privacy and have less cost of swapping, like transferring from one to another.
 
In addition, the answer to your second point is that all over the world, the young generation including Mee, is just more attractive towards Bitcoin than Gold in terms of investment. And the reason for this is that Bitcoin is one of the only assets that, due to its volatile nature, has returned high amounts in a short period of time on investment. While Gold has less volatility and its investment return is long, that too is not as high as Bitcoin gives. It is true that Bitcoin is a highly volatile asset, but a short time gives a big return to the investor. For example, in 10 years Bitcion has given a 227x return to its investor while gold has only given a 2x return in 10 years. 
 
So Bitcoin is digital gold; it has far the best quality from all perspectives, including expected volatility. And the interesting thing is that bitcoin is better than gold because of their volital nature.

I do believe that you are right and in todays world Bitcoin is far better than gold. When we have so many improvements and developments at every part of our world, why would we have just the same thing with the money side of things? Of course we are going to get better results without a doubt, and that means that we are going to face people who will prefer bitcoin.

This usually depends on the age as well, because if you are young enough then you were born into bitcoin world, someone who is 20-25 year old today, grew up in a world where bitcoin was already quite famous. But if you are 80 years old, expecting you to understand let alone invest into bitcoin would be naive. This is why we are going to get more and more bitcoin investors in the future.

[Woodie]

If we look back at a time when Bitcoin wasn't a thing, you get to realise that access to gold wasn't easy and still isn't because you need to have some paperwork done if it goes above certain quantities which meant this was a problem for most people, but with the coming of our beloved digital gold .. owning Bitcoin is a flew clicks away and anyone can get their hands on some if not using some adult(18+) only platform(exchanges, gambling platforms etc).

Re: Has BTC really become more attractive than gold?

Yes it has, because it's readily available to everyone around the world and you don't need to have a gold mine for it to be available or in this case a Bitcoin mine.

And other reason it's an attractive asset, it's because pricing is uniform regardless of were one comes from...unless you using a third party that will charge extra for their middle man fees... otherwise BTC is by far better than gold in terms of ROI, security needed, and ease of access.

[DanWalker]

2) I prefer investing in bitcoin than investing on Gold. You can buy bitcoin worth 10 billion dollars and keep it on your wallet without even anyone noticing you have that number of bitcoin in your holding. But if you buy such number of gold you will not be at peace with yourself because a place of storage will be a problem for you . I have many other options to prove how important btc is, over Gold.

You can travel anywhere around the world with your Bitcoin in your wallet but can not travel with Gold,k but still need to sell it before you.

But I bet you that if you had 10 billion USD or a large amount of money, you would never dare to fully invest in bitcoin even if you knew that you had full ownership of your assets. Besides the guarantee of privacy and self-control of assets, the fact that our assets are 100% bitcoin also has risks that if we make a mistake, we will regret it for the rest of our lives.

Gold will be essential in that case as you will definitely need to diversify your assets to ensure your safety. Gold also has very good use cases and bitcoin is not perfect.

Let me just say, 10 billion in anything would make me nervous, digital or not! There's no way I'd go all-in either. Imagine accidentally losing the private key of the wallet or sending all that Bitcoin to the wrong address. One wrong click and it's adios to your savings! But Bitcoin's portability is definitely a plus. Gold is much bulkier and more difficult to transport. You need a large secure storage, anti-theft security measures, etc.

Maybe you're right - and mix is the way to go? Best of both worlds.

To be fair, both gold and bitcoin have distinct useful use cases and are necessary for us to diversify our portfolios to minimize risk. Just because we are on the bitcoin forum and most try to deny the importance of gold but I agree with what @fuguebtc said, when they acquire a large fortune they will realize that gold is important how important it is to them. Also, I'm not surprised that most people here are looking for quick wealth and bitcoin is the perfect choice so gold is not their choice.

[gmdisnuts]

Yes!! I'm loving it. I almost bought gold but bought more bitcoin instead. 

[Vincom]

If we look back at a time when Bitcoin wasn't a thing, you get to realise that access to gold wasn't easy and still isn't because you need to have some paperwork done if it goes above certain quantities which meant this was a problem for most people, but with the coming of our beloved digital gold .. owning Bitcoin is a flew clicks away and anyone can get their hands on some if not using some adult(18+) only platform(exchanges, gambling platforms etc).

Yes it has, because it's readily available to everyone around the world and you don't need to have a gold mine for it to be available or in this case a Bitcoin mine.

And other reason it's an attractive asset, it's because pricing is uniform regardless of were one comes from...unless you using a third party that will charge extra for their middle man fees... otherwise BTC is by far better than gold in terms of ROI, security needed, and ease of access.

In my country, buying gold bars can be easily done at precious metal stores, but storing gold bars can come with many risks, such as storage conditions and safety for the holder. The young do not feel comfortable with this and BTC is a more suitable option for them, as all they need to do is buy BTC through internet with a small amount of money easily and then store the private key carefully.

Although gold is more stable than BTC for the purpose of asset storage, BTC is completely superior to gold in terms of long-term investment.

[ChiBitCTy]

Personally I don’t think one is necessarily better or more attractive than the other. They both serve their own purpose, different purposes, so I think they are both attractive in their own way. Personally if I’m someone with a large enough portfolio, I’m making sure that I own both gold and bitcoin.

[krishnaverma]

Bitcoin has proved to be a better investment than gold for sure because

1) If we just compare return wise, bitcoin beats every other investment option including gold. And we should not forget that gold took so much time to reach current stage. While bitcoin has exploded in just 10-15 years.

2) Safety wise also bitcoin is safe. To store large amount of gold, you have to spend lot of money on services like lockers. On the hand, you can store as much BTC you want safely with a simple hardware wallet.

[thecodebear]

Bitcoin has proved to be a better investment than gold for sure because

1) If we just compare return wise, bitcoin beats every other investment option including gold. And we should not forget that gold took so much time to reach current stage. While bitcoin has exploded in just 10-15 years.

2) Safety wise also bitcoin is safe. To store large amount of gold, you have to spend lot of money on services like lockers. On the hand, you can store as much BTC you want safely with a simple hardware wallet.

Yeah.


Bitcoin: easier to store, easier to secure, easier to buy, presumably in the future will actually be able to spend, and wayyyy more profitable

Gold: less volatile



So Gold is sometimes better for short term holding, like specifically during bitcoin bear markets, but I'd rather just hold dollars if I want something short term, because there is no way to know if Gold will go up or down short term).

[Marvell1]

Bitcoin has proved to be a better investment than gold for sure because

1) If we just compare return wise, bitcoin beats every other investment option including gold. And we should not forget that gold took so much time to reach current stage. While bitcoin has exploded in just 10-15 years.

Of course, in terms of profits, no investment can beat bitcoin and this is also the main reason why we choose bitcoin over gold or stocks. In addition, anyone can invest in bitcoin with a small capital and will have the opportunity to receive significant profits. Only bitcoin can do that, the remaining assets seem impossible.

2) Safety wise also bitcoin is safe. To store large amount of gold, you have to spend lot of money on services like lockers. On the hand, you can store as much BTC you want safely with a simple hardware wallet.

What you say is not wrong, but have you ever thought about the risk if you put all your assets in bitcoin and unfortunately you accidentally forget or lose the Seed Phrase. What will you do then? When it comes to safety, both will have advantages and disadvantages, Bitcoin is not necessarily superior to gold in every aspect.

[wiss19]

I don't think it is close to being more popular than gold, think about this, even though bitcoin's got a lot of press and online presence, the thousand year history of gold is still the biggest factor as to why bitcoin can't defeat gold in terms of popularity or attractiveness as an investment, my reasoning for this is because if you ever ask someone that has no idea about bitcoin or probably got some idea what bitcoin is but they didn't care about investing in it, they'd choose to invest or take the gold instead of bitcoin 10 times out of 10. Some might say that I'm wrong but you can probably test it out and people would choose gold over bitcoin even if you tell them that bitcoin's got more potential in growth.

It is close to the popularity of gold though it is not more popular than gold because gold existed long time ago and it is also more accepted than in BTC but who knows in the future? It might surpass it because the adoption for BTC is still spreading and IMO BTC is a little better than gold.

If someone already have an idea if what BTC is, then for sure they already know that it is worth it to HODL and in fact, this is what is happening now. I think almost 90 percent of BTC users are treating their BTC as an asset more than a currency but If they didn't care about investing in BTC, then chances are that they won't also have an interest of investing in gold and other valuable assets.

[YOSHIE]

Within the crypto community, BTC has earned the nickname "Digital Gold" due to the expectation that it can rival gold in terms of market capitalization,

Winning why Bitcoin is nicknamed digital gold, it's because the color is made like gold, but in terms of interest, of course it can't be the same, you can't hold Bitcoin, you can clearly hold gold and it's real, For me there is no competition between gold and Bitcoin, these two objects are like the real world and the supernatural world, one can be held and the other can't, but you can see it, the market is also not the same, one is real and the other is accessed via the internet.

But if you talk about Capitalization it is possible, for reasons of determining value, this is real in bookkeeping, in general Bitcoin can add to the values ​​of your assets quickly, but technically gold can be used as a long-term asset, Bitcoin is not like that, you need to review the capacity of the internet in terms of how long it will last.
This can be seen from the century before Christ, the internet did not exist, but gold already existed, while Bitcoin was created in 2009, very far from gold.
Conclusion:
Currently the internet is running smoothly, of course Bitcoin is an option as a means of investment, trading and mining, but not an option as a long-term savings asset.
The fact that gold from before Christ until now has become a real asset for society.

[mirakal]

Personally I don’t think one is necessarily better or more attractive than the other. They both serve their own purpose, different purposes, so I think they are both attractive in their own way. Personally if I’m someone with a large enough portfolio, I’m making sure that I own both gold and bitcoin.

Probably the best idea. Don’t compare bitcoin from gold as one is virtual while the other can be hold physically. Instead, learn to accept that both can be attractive and become highly valuable in their own ways. Otherwise, you cannot see gold or bitcoin investment up to these days if they weren’t that attractive and highly productive.

However, despite of bitcoin giving the highest ROI for majority, gold should not be overlook as well. Wealthy people buy tons of gold to increase their wealth, and the idea that if you wear a lot of gold jewelry in your body reflect your own wealth. Although this is being traditional, but I must say majority still aim to collect gold as much as they can.

[Sanitough]

Personally I don’t think one is necessarily better or more attractive than the other. They both serve their own purpose, different purposes, so I think they are both attractive in their own way. Personally if I’m someone with a large enough portfolio, I’m making sure that I own both gold and bitcoin.

You’re right then. Both bitcoin and gold can be much attractive as the other. While there are good profits with bitcoin, numerous amount of people also make decent profits from gold. Hence, both can be profitable in their own ways and purpose. So taking both sides as an investment may create multi profits in the future. The more you diversify your investment, the bigger the chances you’ll gain massive profits.

[Youngkhngdiddy]

  One bitcoin already is worth more than an ounce of gold. I can only assume you are referring to ‘value’ which accounts for things like usability, functionality, practicality, etc. Again BTC is already “better” than gold. You can buy lots of things with bitcoin, you don’t pay for your coffee with gold. You can draw interest on BTC similar to currencies and can be easily traded for other cryptos or dollars. Gold is only worth what it is relative to a currency, plus it’s heavy. All you need for BTC is your phone. Both are volatile commodities, granted BTC much more so these days. Bitcoin is a new breakthrough technology which is gaining prominence in the investing space but let’s look at different aspects to analyse if it can ever surpass gold as the dominant store of value. You can access your Bitcoins anywhere in the world, cross borders and board planes carrying it with you. It cannot be apprehended unless you leave it on exchanges.
  When looking at Bitcoin’s market cap’s growth potential, we need to understand that markets work on sentiment and if we agree that Bitcoin is a better Store of value, it is not going to suddenly replace Gold. The second factor is trust. Gold has earned tremendous trust, much more than Fiat currencies and various other assets. Bitcoin is yet to be accepted by the mainstream because it has been associated with illicit businesses. But with regulation and adoption, Bitcoin will be out of this shadow soon. But more importantly, as Bitcoin recently completed 10 years of existence, it has been proven to be the most secure and decentralized network in the world. Bitcoin’s network has never been hacked and it is a multi-billion dollar bounty up for grabs every day. Time builds trust and there is a tipping point beyond which Bitcoin will have gained enough trust for investors to sell their Gold and store their wealth in Bitcoin.

[Vincom]

Personally I don’t think one is necessarily better or more attractive than the other. They both serve their own purpose, different purposes, so I think they are both attractive in their own way. Personally if I’m someone with a large enough portfolio, I’m making sure that I own both gold and bitcoin.

I am not comparing BTC to gold, I am just presenting what I am seeing: many companies and traditional investors are turning their attention to BTC instead of just focusing on gold as before. For me, this is a positive sign because the demand to buy, own and accumulate BTC will increase, and the price and acceptance of BTC will also increase over time.

An investor can choose any asset he trusts. I think gold is a reserve asset, and BTC is an investment asset. So similar to you, I also believe that a large investor will have both BTC and gold!

[beerlover]

I did expected bitcoin to win, but didn't really expect it to be leading with 90%+ of the votes, that's a lot. I think it is quite important to realize that we are talking about something more than just what people prefer here, I think we are talking about something that will take a while.

Hopefully we could have something like this in real life as well, that could be very good for all of us, it should mean that bitcoin price will go up. Just imagine going higher than gold marketcap, that alone is nearly 10x higher price, and not like that can't happen, there is a possibility that it could very well happen. This is why I believe that we are going to end up with a good win eventually, but that win will come with time only, so we have to wait.

[leonair]

Personally I don’t think one is necessarily better or more attractive than the other. They both serve their own purpose, different purposes, so I think they are both attractive in their own way. Personally if I’m someone with a large enough portfolio, I’m making sure that I own both gold and bitcoin.

I am not comparing BTC to gold, I am just presenting what I am seeing: many companies and traditional investors are turning their attention to BTC instead of just focusing on gold as before. For me, this is a positive sign because the demand to buy, own and accumulate BTC will increase, and the price and acceptance of BTC will also increase over time.

An investor can choose any asset he trusts. I think gold is a reserve asset, and BTC is an investment asset. So similar to you, I also believe that a large investor will have both BTC and gold!

Bitcoin and Gold are two completely different things but both are very powerful assets one digital and one physical.  But nowadays people spend more time on internet and like virtual things more which is why people like Bitcoin a lot.  And if you invest in Bitcoin than gold, you get more profit and it can be sold very quickly, so investors' focus on Bitcoin is increasing day by day.  So I think bitcoin is more attractive than gold

[Yatsan]

I can't say no. Athough Bitcoin is a digital currency originally and that it still have adoption issues, Bitcoin became a powerful and popular asset to many people.  I'm not sure if it is "more" in comparison to gold given that there are investors of gold who are not into this blockchain technology and vice versa. But if you're a man between then yes, and obviously due to faster rate of increase in its market value. However, if it is with risk then Bitcoin for sure has it more due to price volatility. Attractiveness doesn't guarantee which one is better tho, it still depends on investor's preference; higher risk and high rewards or a more secure asset.

Personally I don’t think one is necessarily better or more attractive than the other. They both serve their own purpose, different purposes, so I think they are both attractive in their own way. Personally if I’m someone with a large enough portfolio, I’m making sure that I own both gold and bitcoin.

You’re right then. Both bitcoin and gold can be much attractive as the other. While there are good profits with bitcoin, numerous amount of people also make decent profits from gold. Hence, both can be profitable in their own ways and purpose. So taking both sides as an investment may create multi profits in the future. The more you diversify your investment, the bigger the chances you’ll gain massive profits.

Both clearly are profitable assets to be held for years. There are just differences with physical form, usage, and risks involved in these two. Diversification indeed is the key if you're in doubt but having your interest into things. No one is required to put everything in one bucket, right?

[Vincom]

I did expected bitcoin to win, but didn't really expect it to be leading with 90%+ of the votes, that's a lot. I think it is quite important to realize that we are talking about something more than just what people prefer here, I think we are talking about something that will take a while.

Hopefully we could have something like this in real life as well, that could be very good for all of us, it should mean that bitcoin price will go up. Just imagine going higher than gold marketcap, that alone is nearly 10x higher price, and not like that can't happen, there is a possibility that it could very well happen. This is why I believe that we are going to end up with a good win eventually, but that win will come with time only, so we have to wait.

The results only show that the majority think that BTC has become a more attractive investment asset than Gold due to its strong price increase and wide acceptance. It will be a long time before BTC cap can approach Godl cap because Gold is still the world's leading reserve asset.

However, we can be optimistic about the future of BTC: BTC is becoming stronger, noticed and chosen by individuals, organizations, companies, governments and one day may be on par with Gold in terms of reserve or investment allocation. Among the young people I know, most of them choose to invest in BTC instead of gold, and they are the ones who will soon inherit their parents' assets, they will help BTC become more popular and valuable.

[SickDayIn]

The key difference between Bitcoin and Gold, is the max supply available and the rate that the new supply enters the market. Yes the earth has a maximum supply of Gold, however the rate at which gold is mined and produced only increases year on year due to evolving change in technology to mine it from the Earth. Whereas Bitcoin, the supply is both limited and the rate at which it is entering the market is limited and diminishing over time. I think the market of Bitcoin will be worth more than Gold in due time.

[eightdots]

I don't think it is close to being more popular than gold, think about this, even though bitcoin's got a lot of press and online presence, the thousand year history of gold is still the biggest factor as to why bitcoin can't defeat gold in terms of popularity or attractiveness as an investment, my reasoning for this is because if you ever ask someone that has no idea about bitcoin or probably got some idea what bitcoin is but they didn't care about investing in it, they'd choose to invest or take the gold instead of bitcoin 10 times out of 10. Some might say that I'm wrong but you can probably test it out and people would choose gold over bitcoin even if you tell them that bitcoin's got more potential in growth.

We cannot know what the preferences will be like in the future, but I think it is not right to compare gold and Bitcoin. There are many investment instruments when investing and each investor invests according to his or her own preference. I do not think it is right to compare any two investment instruments with each other. Will we compare and choose an investment instrument that we have chosen now with another investment instrument in the coming years? There is no need to do this because there should always be diversity in investment and the investor should make his choice according to his own opinion.

[uneng]

Are you investing in BTC or gold?

I'm currently into BTC investment. Regards gold, I don't have any practical experiences, because I have never found an opportunity to start investing on it. It doesn't look an accessible investment when compared to Bitcoin, in my opinion.

Do you think BTC has become more attractive than gold in the investment sector?

Of course. Bitcoin has a much superior potential of profitability, while gold works more as a stable asset to maintain your money value along the time. Both are efficient against inflation, but Bitcoin has an additional advantage due to the fact it gets highly valuable on long run, although we still have to consider the volatility factor which usually plays against investors on short run... Anyway, I guess the decision of investing in gold or Bitcoin will really depend on the objective the investor has for his money: to maintain the patrimony stable or to grow it exponentially.

Have people like Peter Schiff accumulated a lot of BTC while still badmouthing BTC in the media?

That is something we can only speculate about. I believe there is every kind of people in the world. There are those who badmouthed Bitcoin genuinely believing on what they were saying and there are those who badmouthed Bitcoin in front of the cameras, while adopting it on the backgrounds. The most important thing is to never get too influenced by these personalities when choosing what to do with your money. You don't have to put all your eggs on the same basket, so why not try investments which these people despise? Maybe they are wrong and your intuition is right...

[Smartvirus]

Questions such as these will always be subjective. Should we look at it in terms of what forum users think, you would barely find anyone who would put gold ahead of Bitcoin. But, should you look at the world’s investing population and ask what is it they think between these two commodities; people would pick gold. That’s where you would find the majority and why? It’s because it’s government backed, gold have served for centuries and could be sued for decorative purposes as artifacts and jewelry.

Here right now, I’ll tell you both are doing okay for there spheres, no need bringing so much context to it. Even so, you wouldn’t find me buying gold for an investment, am in with Bitcoin.

[Vincom]

We cannot know what the preferences will be like in the future, but I think it is not right to compare gold and Bitcoin. There are many investment instruments when investing and each investor invests according to his or her own preference. I do not think it is right to compare any two investment instruments with each other. Will we compare and choose an investment instrument that we have chosen now with another investment instrument in the coming years? There is no need to do this because there should always be diversity in investment and the investor should make his choice according to his own opinion.

I am not comparing BTC to Gold because this has been presented by many members and financial experts. I just want to point out the trend of investing in BTC instead of Gold that is taking place with individuals, companies, and governments. This could be part of BTC's maturation as an investment and reserve asset. We have never seen this before 2020, but the participation of MicroStrategy and El Salvador has made BTC more popular and accepted.

Each investor will have the right to choose the asset that he trusts and loves, I believe that both BTC and Gold deserve to be in the portfolio of every investor

[peter0425]

97% is more than enough to prove that this forum is favoring Bitcoin against Gold(well as we expected since this is bitcoin forum lol)

but in outside world? surely they will still choose gold against bitcoin because they believe in Physical assets than virtual(not in their hands)

Here right now, I’ll tell you both are doing okay for there spheres, no need bringing so much context to it. Even so, you wouldn’t find me buying gold for an investment, am in with Bitcoin.

It is mate, depending on whom are gonna read the context because  if you will deliver this thread in gold forum surely there will never even a single vote for Bitcoin .

[ultrloa]

We cannot know what the preferences will be like in the future, but I think it is not right to compare gold and Bitcoin. There are many investment instruments when investing and each investor invests according to his or her own preference. I do not think it is right to compare any two investment instruments with each other. Will we compare and choose an investment instrument that we have chosen now with another investment instrument in the coming years? There is no need to do this because there should always be diversity in investment and the investor should make his choice according to his own opinion.

I am not comparing BTC to Gold because this has been presented by many members and financial experts. I just want to point out the trend of investing in BTC instead of Gold that is taking place with individuals, companies, and governments. This could be part of BTC's maturation as an investment and reserve asset. We have never seen this before 2020, but the participation of MicroStrategy and El Salvador has made BTC more popular and accepted.

Each investor will have the right to choose the asset that he trusts and loves, I believe that both BTC and Gold deserve to be in the portfolio of every investor

Its just we are on bitcoin that's why we can say that it became more attractive and we can understand the bias if someone say that bitcoin is much better since they are investing on this asset. Same goes with gold investors and they also say the same that gold is more better in terms of anything comparison so we should respect any idea or we think misconception on the word of people.

If we can able to choose both then much better to invest on two asset since these one are great assets to have and for sure we can earn something great from gold since so the recent rise of its price is so good an same also with bitcoin where we see a good pumps then everyone who have those assets are happy that they are gaining some good profits.

[Maus0728]

I don't think it is close to being more popular than gold, think about this, even though bitcoin's got a lot of press and online presence, the thousand year history of gold is still the biggest factor as to why bitcoin can't defeat gold in terms of popularity or attractiveness as an investment, my reasoning for this is because if you ever ask someone that has no idea about bitcoin or probably got some idea what bitcoin is but they didn't care about investing in it, they'd choose to invest or take the gold instead of bitcoin 10 times out of 10. Some might say that I'm wrong but you can probably test it out and people would choose gold over bitcoin even if you tell them that bitcoin's got more potential in growth.

I am the only one in my family who chose bitcoin, my parents, my wife, aunts and uncles they all chose gold and real estate, even though they knew very well I made a lot of money investing in it.

Yes, you are right, we should not deny that bitcoin will not be more popular than gold and still cannot surpass gold in some aspect. Gold is still considered the safest option to date and is sometimes preferred over real estate. We cannot yet confirm whether bitcoin will beat gold in popularity in the future, but for now, bitcoin is still far behind gold in popularity.

See what I'm getting at, gold's still the popular choice among the people that aren't into bitcoin even if they know about it, they care about the fact that there's some stability in value rather than the potential profit from investing in it. It's not really a bad idea though and you can't really blame them, some people just don't want to risk in something volatile, just leave them be and let yourself enjoy the profit and benefits of having a bitcoin.

[Obim34]

Questions such as these will always be subjective. Should we look at it in terms of what forum users think, you would barely find anyone who would put gold ahead of Bitcoin. But, should you look at the world’s investing population and ask what is it they think between these two commodities; people would pick gold. That’s where you would find the majority and why? It’s because it’s government backed, gold have served for centuries and could be sued for decorative purposes as artifacts and jewelry.

Here right now, I’ll tell you both are doing okay for there spheres, no need bringing so much context to it. Even so, you wouldn’t find me buying gold for an investment, am in with Bitcoin.

If it becomes a matter of choosing, I see no reason to pick gold over Bitcoin, gold seems more like a store of value rather than an investment which is supposed to grow over the years and if it does  appreciate in value probably increases stundedly. Initially, the aim of every investors is to get profits from their investment, I believe their are investors who understands the value of holding Bitcoin other than gold, since our one goal is to aim towards making profits over the years of holding Bitcoin as an investment. Gold do not experience extremely volatility unlike Bitcoin do, that becomes the main reason why more people are often scared about Bitcoin and not wanting to risk their money.

To settle the difference, I would invest in Gold only if I want to hold as a store of value, instead of me keeping my funds in banks or purchasing Bitcoin and when needed I may not get it at that moment due to DIP, while prefer purchasing Bitcoin as an investment to generate more profits over the years.

[Questat]

They are both for long-term investment but what makes Gold the best option is because we are certain that the price will continue to increase, unlike Bitcoin. Maybe we can say that Bitcoin is more attractive or very popular because we are here in the crypto space but as I've tried asking people around me, they don't even know about Bitcoin. I think, it still needs several years of growth consistency to look more attractive to the people who are doubtful about the use of this project. What we have today was not enough to convince people to invest in Bitcoin because until there are FUDs and negative issues, that also give worry and fear to the community.

[rodskee]

Update 2024.03.27: The announcement raises doubts about its legitimacy because Nilam, a company with a market value of only $4 million, plans to purchase a massive $1.7 billion worth of Bitcoin.

• BREAKING: Nilam Resources Allegedly Plans to Buy 24,500 Bitcoin (BTC)
  

How  I wish that this is not for popularization , 4 million dollar value to  purchase worth of 1.7 billion 

lets see when this will take place for proving on how it will happen.

I am going to choose Bitcoin as well like majority of the votes because when we knew already what is
the capacity of bitcoin to increase its value comparing to Gold.

[Outhue]

It is a matter of choice indeed, you can have some gold and Bitcoin at the same time, feel free to go for what's best for you.

I prefer to invest in Bitcoin because it is the better Gold, no one wants to invest their money and make less money for many years of holding the assets, Bitcoin beats Gold in this category hands down, Bitcoin has the best ROI overall.

Gold is a good or probably a better store of value than Bitcoin, the movement in price is more stable than Bitcoin, but I don't want to be a part of Gold holding, it's physical and Bitcoin is not, also Gold isn't decentralized like Bitcoin.

It is indeed a matter of choice.

[Bitco55]

A ton of gold currently costs over 64-65 thousand dollars, and a bitcoin, as at the time of writing costs over 66 thousand dollars. The Bitcoin market has gone beyond the gold market ( not all that much of a difference though but still it has).

Bitcoin is called digital gold for a reason and it living up to its name. Gold may nearly ever lose its value and I hope Bitcoin won't too. I believe the many comments before mine would have given you ( OP) the answer to the questions you asked. Just wanted to say that Bitcoin may be more attractive than gold in this age.

[Vincom]

How  I wish that this is not for popularization , 4 million dollar value to  purchase worth of 1.7 billion 

lets see when this will take place for proving on how it will happen.

I am going to choose Bitcoin as well like majority of the votes because when we knew already what is
the capacity of bitcoin to increase its value comparing to Gold.

Even though this is fake news, it does not deny the trend of investing in BTC instead of gold by many individuals, companies, and governments. Even the strong increase in the price of Nilam shares also confirms the interest of traditional investors in BTC and BTC-related assets. It seems that BTC has become a reputable brand in the investment field thanks to the successes of MS and El Salvador. I hope this wave will develop strongly and achieve significant successes before we will see the crypto market enter the next crypto winter.

[CODE200]

I don't think that you're understanding how long the history of value that the gold have in human history, it's been the reason why a lot of wars have been waged, lands stripped of their life, people getting colonized, and lands being conquered by countries that have a strong desire to get more of this, compare that with bitcoin that's not even a 1% of the age of gold as a valuable asset, I don't think that it will overshadow gold in the popularity aspect, when you ask people that aren't invested in bitcoin to describe a person that's extravagantly and obscenely rich, they're probably going to include gold in their description to that person.

How  I wish that this is not for popularization , 4 million dollar value to  purchase worth of 1.7 billion 

That's not an unusual thing to happen though, most companies can loan large sums of money and that they need, most of the time, the lenders that will let this happen have a really juicy offer that they can't refuse that they allow higher than the company valuation loans and venture capitalists likes this kind of stuff, they thrive on this kind of thing.

[blckhawk]

They are both for long-term investment but what makes Gold the best option is because we are certain that the price will continue to increase, unlike Bitcoin. Maybe we can say that Bitcoin is more attractive or very popular because we are here in the crypto space but as I've tried asking people around me, they don't even know about Bitcoin. I think, it still needs several years of growth consistency to look more attractive to the people who are doubtful about the use of this project. What we have today was not enough to convince people to invest in Bitcoin because until there are FUDs and negative issues, that also give worry and fear to the community.

Even if that's true, bitcoin would still be my pick, the uncertainty might be anxiety inducing but let me tell you this though, it's definitely something that's worth more than gold and the value you'd get in 5 years with bitcoin comparing that to gold is probably big. It might just be me but I believe that if stability is the reason for you to invest in gold or any stable investment out there, you're probably making the wrong decisions that would lead you to do things that's a bit mediocre when you could've done better. I do agree though that we don't have enough for the convincing part but I think that it's not really our business to do that, it will eventually happen and when it does, those people that weren't convinced early would be regretting that they've doubted bitcoin, let's just revel in their misery of missing out for too long because they were ignorant.

[Betwrong]

~

~
Yup Bitcoin is definitely more attractive than Gold.

There are still many places in the world where gold is very much appreciated as jewellery, we have to admit that, but it's really uncertain whether it will last for long. Young people, as far as I know, don't care about gold jewellery and décor. So, I'd say will hold its current price(adjusted to inflation) for 20-30 years from now, but not more than that.

[Vincom]

Even if that's true, bitcoin would still be my pick, the uncertainty might be anxiety inducing but let me tell you this though, it's definitely something that's worth more than gold and the value you'd get in 5 years with bitcoin comparing that to gold is probably big. It might just be me but I believe that if stability is the reason for you to invest in gold or any stable investment out there, you're probably making the wrong decisions that would lead you to do things that's a bit mediocre when you could've done better. I do agree though that we don't have enough for the convincing part but I think that it's not really our business to do that, it will eventually happen and when it does, those people that weren't convinced early would be regretting that they've doubted bitcoin, let's just revel in their misery of missing out for too long because they were ignorant.

Each person has their own beliefs, and it is clear that gold has had a very good reputation for thousands of years. It is recognized, owned, accumulated, and traded by hundreds of countries around the world. I also believe that at the present time, BTC is still too young to be compared to gold in terms of value in the economy. However, what we are seeing is a shift of many traditional investors to BTC. Young people also love BTC and they are the ones who will inherit their parents' wealth in a few decades. At that time, BTC may have matured when it is more widely accepted in the investment field.

Currently, gold is still the best reserve asset because its value is stable and increases gradually over time, and BTC is a more attractive investment asset due to its very large growth margin. I believe that although many investors still choose gold, they cannot ignore the profits that BTC can bring.

[Bd officer]

I would like to know your views on BTC and gold:

• Are you investing in BTC or gold?

Investing in gold is risk free, but not as profitable as Bitcoin. Bitcoin is risky, but long-term holdings can be very profitable. I invested in bitcoin, gold investment is not for me. To buy gold one has to face various problems, one has to go to market or gold shop to buy gold. But I can buy Bitcoin from home. Also less money can't be invested in gold, but I can invest less money in Bitcoin. So I prefer to invest in bitcoins rather than gold.

[AnonBitCoiner]

It is a matter of choice indeed, you can have some gold and Bitcoin at the same time, feel free to go for what's best for you.

I prefer to invest in Bitcoin because it is the better Gold, no one wants to invest their money and make less money for many years of holding the assets, Bitcoin beats Gold in this category hands down, Bitcoin has the best ROI overall.

Gold is a good or probably a better store of value than Bitcoin, the movement in price is more stable than Bitcoin, but I don't want to be a part of Gold holding, it's physical and Bitcoin is not, also Gold isn't decentralized like Bitcoin.

It is indeed a matter of choice.

Yes of course it is the matter of choices so make your own mind without blindly trusts the ideas of others. We cannot say bad things about any one of them because from both bitcoin and gold people have got huge money.

People often wants to earn money but they don't want to wait longer so due to lack of such ability they always remains in a single state therefore invest in both gold and bitcoin as you will not be in loss but will be in profit.

Every person thinks differently some will choose bitcoin because of online investment and some will prefer physical investment in gold but I think both types of investors will be in profit so make sure that you know better about your investment.

[Kelvinid]

I would like to know your views on BTC and gold:

• Are you investing in BTC or gold?

Investing in gold is risk free, but not as profitable as Bitcoin. Bitcoin is risky, but long-term holdings can be very profitable. I invested in bitcoin, gold investment is not for me. To buy gold one has to face various problems, one has to go to market or gold shop to buy gold. But I can buy Bitcoin from home. Also less money can't be invested in gold, but I can invest less money in Bitcoin. So I prefer to invest in bitcoins rather than gold.

That is your preference but to ask mate --are you 100% sure that Bitcoin will pump in the coming years? Not for sure and so I would say that investing in gold is a good alternative while also investing in Bitcoin. Just being said, don't put all your eggs in one basket. You may not be able to afford to buy gold for now because you are focused on Bitcoin but think about it also. At least, whatever happens to Bitcoin in the future, we never lose our entire money.
I invested in both of them and have peace of mind. I encourage you to do the same, might not know if you feel comfortable doing this.

[Marvell1]

It is a matter of choice indeed, you can have some gold and Bitcoin at the same time, feel free to go for what's best for you.

I prefer to invest in Bitcoin because it is the better Gold, no one wants to invest their money and make less money for many years of holding the assets, Bitcoin beats Gold in this category hands down, Bitcoin has the best ROI overall.

Gold is a good or probably a better store of value than Bitcoin, the movement in price is more stable than Bitcoin, but I don't want to be a part of Gold holding, it's physical and Bitcoin is not, also Gold isn't decentralized like Bitcoin.

It is indeed a matter of choice.

Yes of course it is the matter of choices so make your own mind without blindly trusts the ideas of others. We cannot say bad things about any one of them because from both bitcoin and gold people have got huge money.

People often wants to earn money but they don't want to wait longer so due to lack of such ability they always remains in a single state therefore invest in both gold and bitcoin as you will not be in loss but will be in profit.

Every person thinks differently some will choose bitcoin because of online investment and some will prefer physical investment in gold but I think both types of investors will be in profit so make sure that you know better about your investment.

This is the main reason why most of us will choose bitcoin over gold, profit is the factor that makes us not want gold and will only choose bitcoin. But people did not dare to accept this truth, they began to make up reasons such as gold being cumbersome, gold being material and centralized... . Everyone thinks of getting rich quickly and gold cannot help them do that, while bitcoin can help them realize their dream of getting rich quickly. That's why they choose bitcoin, including me, but I won't deny it like them.

[kotajikikox]

There is still 2 voters that gets to Gold , I dunno why they are here and what they are doing since they trust gold more than Bitcoin but for me? Iwill keep choosing bitcoin instead of Gold because I have seen how much Bitcoin grows over the year and also experience having gold up to now and the price from how much i bought for 5 years now yet ? the value almost stay the same.

[heslylamba]

I invest in both Bitcoin and gold. I believe it's not wise to put all the eggs in one basket.

[boyptc]

I invest in both Bitcoin and gold. I believe it's not wise to put all the eggs in one basket.

You're right and that's good that you've diversified both in good assets. I've seen just today that gold is pumping as well but if we're going to compare its gain to Bitcoin, we know that it's incomparable.

And with the existence that gold has, Bitcoin is still far from it. So both of them have their goodness to each other.

If you're the type of investor that can do both, you're privileged to do it.

[|MINER|]

I think I have sawn topic kinda similar to this topic in the altcointalk forum. Anyway I would like to say that Bitcoin is expanding itself but if we look out in the percentage of population then we will found out that the people who knows about Bitcoin is still not very much regards of the world population. I think that the people in the world it will be likely most of the people knows gold rather than Bitcoin. And there is a large amount of people who are not connected to internet and those are also don't know about Bitcoin. So I think it will be take more few years to know all the people about Bitcoin and obviously more attractive than gold.

[Vincom]

You're right and that's good that you've diversified both in good assets. I've seen just today that gold is pumping as well but if we're going to compare its gain to Bitcoin, we know that it's incomparable.

And with the existence that gold has, Bitcoin is still far from it. So both of them have their goodness to each other.

If you're the type of investor that can do both, you're privileged to do it.

The largest investors in the financial market still choose Gold, although they are diversifying a part of their portfolio into BTC, I believe that is the best way currently to balance both safety and profit.

I think we cannot compare the value or role of BTC with Gold. They are too different, we can only compare a few aspects, such as BTC is becoming more attractive than Gold in the eyes of investors because they are choosing BTC instead of Gold, or choosing spot BTC ETFs instead of spot Gold ETFs.

I hope that the wave of investment in BTC will continue to grow and overcome the next crypto winter, that will be the maturity of BTC to exist as the top choice for investment. At the same time, I believe that in the next decade, Gold will still be the world's leading reserve asset.

[Churchillvv]

I would like to know your views on BTC and gold:

• Are you investing in BTC or gold?
• Do you think BTC has become more attractive than gold in the investment sector?
• Have people like Peter Schiff accumulated a lot of BTC while still badmouthing BTC in the media?

1. It's very much good to know that both bitcoin and gold are nice investments and choosing one over the other is really hard because if I have the opportunity I will proudly invest in both. Let's borrow some ideas from some people who already answered this question, bitcoin is more like a digital gold and traditional gold is the physical one we can see and hold. The two are good investment but if we are to chose as coiners then it will bitcoin for sure.

2. Yes, of course bitcoin is becoming more attractive in the investment sector but this answers is biased because I haven't done any scientific research on that to go into conclusion but as from the informations gather from this forum I think bitcoin is becoming more attractive over and over again.

3. That's solely in the position of the person himself to answer that because I don't know if surely Peter Schiff have accumulated bitcoin or not but we can say yes he must have having find out that it has proven itself over the years and it's still not lost like other scam projects.

[stadus]

I invest in both Bitcoin and gold. I believe it's not wise to put all the eggs in one basket.

You're right and that's good that you've diversified both in good assets. I've seen just today that gold is pumping as well but if we're going to compare its gain to Bitcoin, we know that it's incomparable.

And with the existence that gold has, Bitcoin is still far from it. So both of them have their goodness to each other.

If you're the type of investor that can do both, you're privileged to do it.

Bitcoin and gold are actually both attractive investments. You can be highly profitable with bitcoin, as much as with gold, as long as you have good amount of earnings in your portfolio that you can hold and only sell them when your target selling price has been achieved. So diversifying in both assets creates bigger opportunities to earn, than to put all your eggs in a single basket where you are only increasing the risk to lose.

[Ben Barubal]

     Yes, bitcoin may be more attractive than gold, but that doesn't mean bitcoin is better than gold. That's not my point. Gold has long been used by business people, and many businessmen also invest in it. But there are also many people who are not capable of having gold.

     But with bitcoin, any person or ordinary person can have bitcoin for any amount they have, as long as it does not go below 10 dollars. They have a chance to have bitcoin, and the time may come when 10 dollars becomes 1000 dollars, the value that gold cannot do because of the volatility that Bitcoin has.

[Bushdark]

I invest in both Bitcoin and gold. I believe it's not wise to put all the eggs in one basket.

You're right and that's good that you've diversified both in good assets. I've seen just today that gold is pumping as well but if we're going to compare its gain to Bitcoin, we know that it's incomparable.

And with the existence that gold has, Bitcoin is still far from it. So both of them have their goodness to each other.

If you're the type of investor that can do both, you're privileged to do it.

Good can not be compared to Bitcoin even though that Bitcoin is a digital currency while gold is a physical assets which some persons belief it should benmore useful than Bitcoin. Bitcoin has made a lots of people wealthy and people could hold it while you can not hold the gold just like Bitcoin asset that is digital. Gold are owned by wealthy people but a poor man can not hold it.
If everyone has the funds to buy Bitcoin, I think Bitcoin might even have higher liquidity that what we are seeing in the market.

[Volimack]

Bitcoin is a good currency that gives a lot of profit while gold is increasing day by day and both can be good investments. Many people still don't know about bitcoin so once bitcoin becomes legalized everywhere and starts circulating around the world, it will grow in popularity and become more attractive than gold. It is possible to hold bitcoin at a very low price but not gold. Based on the volatility in the market bitcoin can become a good investment.

[Onyeeze]

As far as I am concerned it is up to the individual to consider gold and bitcoin as an asset to invest in but the high price of bitcoin is making bitcoin more attractive in the market than gold. If you want to hold gold as an asset its value has increased significantly but investors consider Bitcoin to be safer. It is not possible to change quickly to store gold. But with the increase in the value of bitcoin one can do whatever one wants.

but bitcoin has become more attractive than gold and I believe that bitcoin has it own way of value but since its existence I seems that bitcoin has taken over gold investment and nobody is investing on gold on like before, before 2009 gold investment was every where and mostly the big men the rich where investing in gold but bitcoin came to hijacked the interest of people in towards gold investment and take over, right now people are interested in bitcoin investment not as be interested in gold business or investment any longer, investment of Bitcoin what people are interested of.

[Vincom]

1. It's very much good to know that both bitcoin and gold are nice investments and choosing one over the other is really hard because if I have the opportunity I will proudly invest in both. Let's borrow some ideas from some people who already answered this question, bitcoin is more like a digital gold and traditional gold is the physical one we can see and hold. The two are good investment but if we are to chose as coiners then it will bitcoin for sure.

2. Yes, of course bitcoin is becoming more attractive in the investment sector but this answers is biased because I haven't done any scientific research on that to go into conclusion but as from the informations gather from this forum I think bitcoin is becoming more attractive over and over again.

3. That's solely in the position of the person himself to answer that because I don't know if surely Peter Schiff have accumulated bitcoin or not but we can say yes he must have having find out that it has proven itself over the years and it's still not lost like other scam projects.

The success and attractiveness of BTC does not negate or compete with Gold in the economy or in professional investment portfolios. Each investor and investment fund will have their own criteria for profit and risk, from which they will decide whether to allocate a few % to BTC as a new and extremely potential asset. Although BTC is still very small compared to Gold in terms of capitalization and acceptance, the increasing interest of investors in BTC is a good sign for us!

All investors want to make a profit, and I believe that even the famous Gold supporters would have chosen BTC if they had known 10 years ago that BTC would become the extremely successful asset that it is today. However, we all know that they also have a very high ego, so they will deny BTC until the end of their lives, even though BTC could reach 1M USD in the future.

[Zanab247]

Questions such as these will always be subjective. Should we look at it in terms of what forum users think, you would barely find anyone who would put gold ahead of Bitcoin. But, should you look at the world’s investing population and ask what is it they think between these two commodities; people would pick gold. That’s where you would find the majority and why? It’s because it’s government backed, gold have served for centuries and could be sued for decorative purposes as artifacts and jewelry.

Here right now, I’ll tell you both are doing okay for there spheres, no need bringing so much context to it. Even so, you wouldn’t find me buying gold for an investment, am in with Bitcoin.

I know forum users will prefer BTC investment than Gold investment becaus, they have be with BTC investment over some years and they have experienced mighty things from their BTC investment that will make them to stand for the favour of BTC, but if you search round the world today, you will discover that BTC is everywhere and many people and companies have the ideal of BTC investment.

 If you have invested your money on BTC and gold before, you will have that believe that BTC is the best investment to invest your money and, it has dominated to make people to be attractive with the positive results they saw on BTC investors to show more interest on BTC investment.

Nothing will make me to invest my money on gold when I have the idea of how long term BTC investment work for those that can exercise patience till the right season come to earn from BTC investment.

[GigaBit]

When it comes to investing, there is no better investment than Bitcoin. Because Bitcoin was designed by its founders in such a way that an investor may not be profitable in the short term, but it is a profitable investment in the long term. Everything is and will be changing in this world and along with it there has been a big change in the investment platform. Bitcoin has no qualms in offering maximum benefits to an investor in the new generation and advanced era. It is the most volatile currency and a guarantee of long-term fixed assets no alternative has yet emerged. Moreover, there is also a spread difference between gold and bitcoin. Gold has been in demand since ancient times, but it has never been able to deliver the same returns as Bitcoin over a relatively short period of time. since gold has a physical existence, no one can save it according to its benefits. Bitcoin is a perfect solution for all those issues. I am not a big holder of bitcoins but I am trying my best to hold bitcoins and try to accumulate bitcoins by managing DCA for long term.

[AYOBA]

Regarding investment, I would say that both of them are worthwhile, the only caveat is that it will rely on which one everyone is interested in and has knowledge and experience with. Everybody invests differently, so while it's true that choosing Bitcoin is a better option when it comes to investing because it can yield much higher returns than gold, some people may know a lot about Bitcoin investments but not so much about gold.

Furthermore for me, I would prefer to amass Bitcoin to hold it for extended periods of time than invest in gold, which I didn't have even a single concept about. Even in terms of security, Bitcoin is more assured than gold.

[Gaza13]

Bitcoin is a good currency that gives a lot of profit while gold is increasing day by day and both can be good investments. Many people still don't know about bitcoin so once bitcoin becomes legalized everywhere and starts circulating around the world, it will grow in popularity and become more attractive than gold. It is possible to hold bitcoin at a very low price but not gold. Based on the volatility in the market bitcoin can become a good investment.

For people who don't understand investment, of course they will choose gold over Bitcoin, they think that maybe gold is quite stable and safer and more tangible or physical compared to investment assets such as Bitcoin whose prices are full of fluctuations. For those who already understand investment, they will definitely prefer Bitcoin since it was first launched, since Bitcoin's inception until whenever Bitcoin will remain in limited supply, namely around 21 million.

The current popularity and remaining supply of bitcoin has made many people look at this asset and many people want to own it, including global elites around the world. They know that this asset is very rare and that this asset is different from other assets. For me, Bitcoin is the leading technology of this century that is very difficult to penetrate. Don't look at the current price of Bitcoin, collect as much as possible and look at Bitcoin past track record, Bitcoin track record is much better than gold, of course genius people will want to own this rare asset, and of course Bitcoin in the future will be much higher than now and the future of bitcoin is much brighter and superior to gold. Not only that, many well-known brands have looked at this asset for payment.

[tiCeR]

I would like to know your views on BTC and gold:

• Are you investing in BTC or gold?
• Do you think BTC has become more attractive than gold in the investment sector?
• Have people like Peter Schiff accumulated a lot of BTC while still badmouthing BTC in the media?

1. Why do you use "investing in BTC or gold" in the question? There is nothing stopping from combining investing in traditional gold and digital gold, as the "gold mining company Nilam Resources" plans.

On a forum called bitcointalk, you are unlikely to hear many confessions about investing in gold.

2. I would say bitcoin is becoming more attractive in the investment sector with each new cycle.

3. This is not excluded. No intelligent investor would publicly voice their investment strategies, because this is the same as playing poker with their cards exposed.

That's true and that is because development on the protocol will progress, second layer options will further emerge and improve and utility is increasing with BTC's volume and price.

Everyone who has been traveling to countries in the recent past where BTC ATMs are located, probably has had a positive experience using BTC. I mean it depends on the fees of those ATMs of course and some of them are just too expensive and not really feasible. But still BTC is the most liquid and mobile asset you can have at the moment (next to fiat of course). But BTC doesn't have a limit in terms of capital mobility. If you want to take a billion dollars in BTC with you, you can go wherever you want and nobody will and can stop you from carrying it with you and using it abroad. Try getting a billion dollars in gold bars out of the country, or in cash. Or try it with some pieces of art, or a watch collection. Try it with a bank transfer.

There is simply no way that any of the physical or digital assets running on legacy systems infrastructure could give you the advantages that BTC gives you. As more people realize that, adoption will further increase, then in turn increase utility, which then further drives adoption.

[Alone055]

For people who don't understand investment, of course they will choose gold over Bitcoin, they think that maybe gold is quite stable and safer and more tangible or physical compared to investment assets such as Bitcoin whose prices are full of fluctuations. For those who already understand investment, they will definitely prefer Bitcoin since it was first launched, since Bitcoin's inception until whenever Bitcoin will remain in limited supply, namely around 21 million.

Well, I don't completely agree with that. A good investor would never look at assets only based on how much money they can potentially generate for them, but they look at assets that will earn them profits and keep their investment secure as well. Considering this fact, a good investor isn't someone who would go for Bitcoin only because it has a higher possibility of giving bigger returns on investments, but they might consider other options as well such as gold which can provide stable returns but tends to stay less volatile and drops less in value over time.

I don't deny that Bitcoin is a great asset and it is probably one of the best innovations and technologies of our era, but we all know how the nature of cryptocurrencies is, they tend to be extremely volatile at times. We have seen Bitcoin dropping to $16k in this previous bear market after going to $69k in the bull run before it. Have you seen Gold taking that big of a dip ever? I don't think so.

That's why, it depends on a person's personal investment preferences and financial goals and which asset they would choose, but I wouldn't agree that investors of gold don't understand investment because they do.

[Makus]

Bitcoin investment is indeed one of the best investment opportunities in this era. Though gold is also a good asset for investment but due to the liquidity of Bitcoin which gives everyone an opportunity to have smaller division and trade it digitally using P2P, that's an advantage of Bitcoin over gold. And the volatility of Bitcoin is the major reason for the dump and pump in price, so it's also an advantage because the over movement of Bitcoin says so. Of cause when dealing with an asset digitally it tends to pose more threat as there is a possibility of hack especially when you become careless in storing your seed phrase but it also helps to stay anonymous and even make very large amount of transaction that might even cause a public awareness if it where to be gold.

[arjunmujay]

Within the crypto community, BTC has earned the nickname "Digital Gold" due to the expectation that it can rival gold in terms of market capitalization, value, economic influence, and widespread acceptance
~snip~

Actually, I myself still don't agree with Bitcoin being said to be "Digital Gold" because it is very different.
gold itself also has their digital gold by buying it virtually through their own market.
bitcoin will remain bitcoin and will never be or resemble anything else. because bitcoin is more about blockchain technology which can actually outperform other assets such as gold.
Likewise market capitalization. Even though currently BTC has been approved for ETF, this does not necessarily mean that Bitcoin is another asset and can even be controlled by a company or person because there is a difference between decentralization and centralization.

but if your question is about this:

I would like to know your views on BTC and gold:

• Are you investing in BTC or gold?
• Do you think BTC has become more attractive than gold in the investment sector?
• Have people like Peter Schiff accumulated a lot of BTC while still badmouthing BTC in the media?

It depends on each person's view. I myself believe that bitcoin is superior to gold and definitely prefer investing in bitcoin compared to gold.


Let's see now that Bitcoin's market capitalization is in 9th position globally.^[1] When compared with gold, it is still very far considering that gold has been around since 1975, while Bitcoin started in 2010, but now it can occupy that position and even beat the market capitalization of other large companies.

[1] Top Assets by Market Cap

[livingfree]

Furthermore for me, I would prefer to amass Bitcoin to hold it for extended periods of time than invest in gold, which I didn't have even a single concept about. Even in terms of security, Bitcoin is more assured than gold.

I don't also have gold but I want to have it soon. I might just allocate some of the profits that I'll be getting with Bitcoin and then will buy it but that's still tentative.

But for now, I also want to have more Bitcoin instead of gold. It's very easy to keep and no one will even know that you have already purchased one until words come out of your mouth.

And only the exchanges where you've bought it if you ever have passed on their kyc.

[Franctoshi]

I would say yes, it's becoming more attractive in this recent years if you check its performance over the couple of years and comparing its performance with Gold existential, and if you think of the market cap and what the price would be if it eventually reaches the market cap of Gold, and furthermore, if you look at the monetary problem that Bitcoin have come to solve, and its true decentralized nature and the fact that it is deflationary, no one would ever kick back at Bitcoin, So I believe this is what institutional investors have come to realize about Bitcoin and that's why we've beginning to see more interest on Bitcoin institutional side.

[Vincom]

Bitcoin investment is indeed one of the best investment opportunities in this era. Though gold is also a good asset for investment but due to the liquidity of Bitcoin which gives everyone an opportunity to have smaller division and trade it digitally using P2P, that's an advantage of Bitcoin over gold. And the volatility of Bitcoin is the major reason for the dump and pump in price, so it's also an advantage because the over movement of Bitcoin says so. Of cause when dealing with an asset digitally it tends to pose more threat as there is a possibility of hack especially when you become careless in storing your seed phrase but it also helps to stay anonymous and even make very large amount of transaction that might even cause a public awareness if it where to be gold.

If you do a little research on BTC, it is not difficult to see its advantages over Gold in the investment field. Therefore, even though Gold has a longer history, larger market cap, and wider acceptance, BTC is still a more attractive investment option for young people.

Gold has the advantage of having low price volatility and is suitable for becoming a reserve asset, while BTC has higher price volatility and continuously increases in price after each season, making it suitable for investment. It is this high volatility that has created great profits for BTC investors, I think that is an advantage, not a disadvantage of BTC.

[YUriy1991]

The largest investors in the financial market still choose Gold, although they are diversifying a part of their portfolio into BTC, I believe that is the best way currently to balance both safety and profit.

It is recognized that until now Gold has been widely accepted but the fact is that now BTC has also gained an increased acceptance rate, where the growth of Bitcoin's value continues to rise especially before the halving and is quite interesting to follow.

Gold has the advantage of having low price volatility and is suitable for becoming a reserve asset, while BTC has higher price volatility and continuously increases in price after each season, making it suitable for investment. It is this high volatility that has created great profits for BTC investors, I think that is an advantage, not a disadvantage of BTC.

What I think and of course the general description of whether you like to invest in gold or invest in Bitcoin is always recommended for long-term goals. But it is also true that you said if you look at it in more detail, there is indeed a big difference when talking about speed in the process of obtaining profits between gold investment compared to BTC in terms of time.

[CryptoBuds]

Bitcoin investment is indeed one of the best investment opportunities in this era. Though gold is also a good asset for investment but due to the liquidity of Bitcoin which gives everyone an opportunity to have smaller division and trade it digitally using P2P, that's an advantage of Bitcoin over gold. And the volatility of Bitcoin is the major reason for the dump and pump in price, so it's also an advantage because the over movement of Bitcoin says so. Of cause when dealing with an asset digitally it tends to pose more threat as there is a possibility of hack especially when you become careless in storing your seed phrase but it also helps to stay anonymous and even make very large amount of transaction that might even cause a public awareness if it where to be gold.

If you do a little research on BTC, it is not difficult to see its advantages over Gold in the investment field. Therefore, even though Gold has a longer history, larger market cap, and wider acceptance, BTC is still a more attractive investment option for young people.

Gold has the advantage of having low price volatility and is suitable for becoming a reserve asset, while BTC has higher price volatility and continuously increases in price after each season, making it suitable for investment. It is this high volatility that has created great profits for BTC investors, I think that is an advantage, not a disadvantage of BTC.

Choosing gold or bitcoin depends on the amount of capital you have and your risk tolerance. If you are a person with a lot of money and wealth, choosing assets with high safety is obvious even though the profits will be lower. But if you only have a modest amount of capital and want to get rich quickly and to catch up with society's wealth, you will choose bitcoin. Bitcoin seems to be the only way to help you realize your dream of getting rich. That's why rich people will still choose gold, while young people who are starting a business are willing to accept risks to achieve their dreams faster. Gold or bitcoin, which asset will be more attractive, it only depends on you.

[Vincom]

Choosing gold or bitcoin depends on the amount of capital you have and your risk tolerance. If you are a person with a lot of money and wealth, choosing assets with high safety is obvious even though the profits will be lower. But if you only have a modest amount of capital and want to get rich quickly and to catch up with society's wealth, you will choose bitcoin. Bitcoin seems to be the only way to help you realize your dream of getting rich. That's why rich people will still choose gold, while young people who are starting a business are willing to accept risks to achieve their dreams faster. Gold or bitcoin, which asset will be more attractive, it only depends on you.

We can call it an investment appetite, which is related to the return and risk of each asset class. It is possible that the rich are more cautious because they have to manage large assets, while the poor are willing to take the opportunity with BTC because they do not have much to lose. In particular, investment funds can only allocate a portion of their assets to BTC because they prioritize safety over returns for their clients.

However, this may only be temporary. I think with the increasingly widespread acceptance of BTC in the financial market, the number of investors and the amount of money allocated to BTC will gradually increase, pushing the wave of investment in BTC and even the rich will not want to miss the opportunity to earn huge profits with BTC. Young people love BTC more than Gold, they will soon inherit their parents' assets, they will make BTC an important part of their investment portfolio, regardless of the size of that asset.

[barto123]

IMO main thing Bitcoin can't offer offer over gold:

Value in doomsday situation - no power/internet.

My other main concern:

Bitcoin isn't fungible (interchangeable units) either - some is coinjoined (tainted), some is not.

Monero is fungible & will soon undergo massive privacy upgrade - with extremely large anon set.

Gold units aren't all the same either unless they're melted down & are the same purity. This is better than Bitcoin because it doesn't leave a trace of transaction history.

Personally I think it's wise to own bitcoin, monero, gold & silver. Which ever way the world goes, you're covered.

[kotajikikox]

I would say yes, it's becoming more attractive in this recent years if you check its performance over the couple of years and comparing its performance with Gold existential, and if you think of the market cap and what the price would be if it eventually reaches the market cap of Gold, and furthermore, if you look at the monetary problem that Bitcoin have come to solve, and its true decentralized nature and the fact that it is deflationary, no one would ever kick back at Bitcoin, So I believe this is what institutional investors have come to realize about Bitcoin and that's why we've beginning to see more interest on Bitcoin institutional side.

There is no doubt that in the shortest period of Bitcoin existence yet it shows how this grows high in those times comparing to Gold that has  been here since our existence , if bitcoin can reach that high then how much this can be in the coming future?

I will keep trusting bitcoin for the next  decades of my financial freedom and investing.

[milewilda]

I would say yes, it's becoming more attractive in this recent years if you check its performance over the couple of years and comparing its performance with Gold existential, and if you think of the market cap and what the price would be if it eventually reaches the market cap of Gold, and furthermore, if you look at the monetary problem that Bitcoin have come to solve, and its true decentralized nature and the fact that it is deflationary, no one would ever kick back at Bitcoin, So I believe this is what institutional investors have come to realize about Bitcoin and that's why we've beginning to see more interest on Bitcoin institutional side.

There is no doubt that in the shortest period of Bitcoin existence yet it shows how this grows high in those times comparing to Gold that has  been here since our existence , if bitcoin can reach that high then how much this can be in the coming future?

I will keep trusting bitcoin for the next  decades of my financial freedom and investing.

We cant really be able to blame out those investors who had made out that kind of positive insight towards Bitcoin in compared to Gold. If we do tend to make see the charts then no doubt that Bitcoin would really be having that kind of good value and really could be making those investors would really be that interesting on making some switch up but eventually when it comes to security then i would be still preferring Gold but well, why would really be needing up to choose if you could really be simply be able to invest on two things if you do have that funds. You are the ones who would really be making such decisions as long you do have the money
then you could really make out some investments and this is something that you would really be having in mind and it would be a matter of choice.

We cant really be able to deny that Bitcoin investment is really that moving fast in compared to Gold then it would really be just that best on choosing on what investment is really that
something depending on you.

[CryptoBuds]

Choosing gold or bitcoin depends on the amount of capital you have and your risk tolerance. If you are a person with a lot of money and wealth, choosing assets with high safety is obvious even though the profits will be lower. But if you only have a modest amount of capital and want to get rich quickly and to catch up with society's wealth, you will choose bitcoin. Bitcoin seems to be the only way to help you realize your dream of getting rich. That's why rich people will still choose gold, while young people who are starting a business are willing to accept risks to achieve their dreams faster. Gold or bitcoin, which asset will be more attractive, it only depends on you.

We can call it an investment appetite, which is related to the return and risk of each asset class. It is possible that the rich are more cautious because they have to manage large assets, while the poor are willing to take the opportunity with BTC because they do not have much to lose. In particular, investment funds can only allocate a portion of their assets to BTC because they prioritize safety over returns for their clients.

However, this may only be temporary. I think with the increasingly widespread acceptance of BTC in the financial market, the number of investors and the amount of money allocated to BTC will gradually increase, pushing the wave of investment in BTC and even the rich will not want to miss the opportunity to earn huge profits with BTC. Young people love BTC more than Gold, they will soon inherit their parents' assets, they will make BTC an important part of their investment portfolio, regardless of the size of that asset.

We all also hope that in the future bitcoin will be the choice of more people and it will become bigger and safer. But given the current reality, we should not deny that bitcoin is just a speculative asset, get rich quickly and is riskier than other assets.

My investment is 100% bitcoin, not because I don't like other investments but because I don't have too much money to diversify and I'm also willing to take risks to achieve my goals. But that doesn't mean I will lie that bitcoin is the best investment and other investments are useless.

[Vincom]

IMO main thing Bitcoin can't offer offer over gold:

Value in doomsday situation - no power/internet.

My other main concern:

Bitcoin isn't fungible (interchangeable units) either - some is coinjoined (tainted), some is not.

Monero is fungible & will soon undergo massive privacy upgrade - with extremely large anon set.

Gold units aren't all the same either unless they're melted down & are the same purity. This is better than Bitcoin because it doesn't leave a trace of transaction history.

Personally I think it's wise to own bitcoin, monero, gold & silver. Which ever way the world goes, you're covered.

Every asset has its own advantages and disadvantages, BTC is the same, and it is not the best investment or accumulation asset in the world, we can only say that it is very attractive because of the strong price increase and the best decentralization.

Gold can be very good, but in war, we see that people also tend to buy BTC for easy accumulation and movement inside a hard wallet or piece of paper instead of having to take a bigger risk when carrying gold. At the same time, if the apocalypse comes, we will worry more about our fate than care about BTC or other assets. I myself think that I don't need to think about this yet, I'm just focusing on investing in BTC.

[Cryptoprincess101]

I invest in both Bitcoin and gold. I believe it's not wise to put all the eggs in one basket.

You're right and that's good that you've diversified both in good assets. I've seen just today that gold is pumping as well but if we're going to compare its gain to Bitcoin, we know that it's incomparable.

And with the existence that gold has, Bitcoin is still far from it. So both of them have their goodness to each other.

If you're the type of investor that can do both, you're privileged to do it.

I agree with you because gold have always dominated among precious metals over the years and we cannot underestimate the beauty and productivity of gold, bitcoin is just an asset that was introduced and it's still new despite the massive recognition and adoption it has recorded since it's invention. Both gold and Bitcoin are good investment, going for the both may look too expensive but if one have a heavy pocket then you can simultaneously go for the both.

[blckhawk]

~

Each person has their own beliefs, and it is clear that gold has had a very good reputation for thousands of years. It is recognized, owned, accumulated, and traded by hundreds of countries around the world. I also believe that at the present time, BTC is still too young to be compared to gold in terms of value in the economy. However, what we are seeing is a shift of many traditional investors to BTC. Young people also love BTC and they are the ones who will inherit their parents' wealth in a few decades. At that time, BTC may have matured when it is more widely accepted in the investment field.

Currently, gold is still the best reserve asset because its value is stable and increases gradually over time, and BTC is a more attractive investment asset due to its very large growth margin. I believe that although many investors still choose gold, they cannot ignore the profits that BTC can bring.

They can ignore the profits of BTC, if they didn't then we would've seen more people investing in bitcoin a long time ago and yes it's true that there's a shift in terms of investment, I can guarantee you that even young people that don't know about bitcoin would still probably choose a more typical investment tool and not bitcoin, bitcoin's popularity isn't that widespread as we'd like to think it is because we're surrounded with media and people that are into cryptocurrency that we're so in tuned to think that bitcoin's that famous, stepping outside of the box will definitely make you see that there's still a lot that bitcoin needs to do in terms of popularity.

[Yamifoud]

snipped~

Every asset has its own advantages and disadvantages, BTC is the same, and it is not the best investment or accumulation asset in the world, we can only say that it is very attractive because of the strong price increase and the best decentralization.

Gold can be very good, but in war, we see that people also tend to buy BTC for easy accumulation and movement inside a hard wallet or piece of paper instead of having to take a bigger risk when carrying gold. At the same time, if the apocalypse comes, we will worry more about our fate than care about BTC or other assets. I myself think that I don't need to think about this yet, I'm just focusing on investing in BTC.

Both of them are useful in a certain situation but the good thing about Gold, the price never drops like Bitcoin. This makes people become certain that investing in Gold is a better option than Bitcoin. But those who love to take risks will choose Bitcoin as well as they believe that despite the high risk, it gives them more profit.

If we think which of the two will seemingly stay long and for several decades, we can assure that Gold remains while Bitcoin is uncertain.
But of course, it depends on our preference and risk appetite. But for me, I'd choose them both because they are both profitable.

[Gaza13]

     Yes, bitcoin may be more attractive than gold, but that doesn't mean bitcoin is better than gold. That's not my point. Gold has long been used by business people, and many businessmen also invest in it. But there are also many people who are not capable of having gold.

     But with bitcoin, any person or ordinary person can have bitcoin for any amount they have, as long as it does not go below 10 dollars. They have a chance to have bitcoin, and the time may come when 10 dollars becomes 1000 dollars, the value that gold cannot do because of the volatility that Bitcoin has.

I am a little contrary to you, indeed gold has long dominated or been used in the world as a fairly stable asset, it is not only business people who can get this gold, people can also have it to save or protect their wealth from being eroded by inflation.

For me personally, bitcoin is a technology created by its creator and how the creator of bitcoin fights against the financial system in the world. which has been held for hundreds of years by his royal family. This is what opens everyone's eyes. We have heard how a family sold all its possessions and took more risk to buy this technological asset than gold. It is clear that Bitcoin supply will remain that way forever and for those who lose the keys to their Bitcoin wallet, this will affect the impact of Bitcoin and make it much more scarce in the circulating market.

[Vincom]

Both of them are useful in a certain situation but the good thing about Gold, the price never drops like Bitcoin. This makes people become certain that investing in Gold is a better option than Bitcoin. But those who love to take risks will choose Bitcoin as well as they believe that despite the high risk, it gives them more profit.

If we think which of the two will seemingly stay long and for several decades, we can assure that Gold remains while Bitcoin is uncertain.
But of course, it depends on our preference and risk appetite. But for me, I'd choose them both because they are both profitable.

Looking back, we have seen Gold prices decrease in 1980-2000 and 2011-2015. This is completely normal because Gold prices had increased very strongly before that. The same thing happens with BTC: after each strong uptrend of +1000-2000%, BTC price often has a downtrend of -70-80%, and I think this is a part of the market. We cannot have high profits without accepting sharp declines. It is the large volatility that can create large profits for investors who understand the cyclical nature of the market.

For professional investors, or at least those who think they are truly professional, investing in BTC at this time around the Halving is a quite wise decision because we will soon have a strong uptrend and high profits, something that Gold is unlikely to achieve because Gold marketcap is too large.

[SeriouslyGiveaway]

I would like to know your views on BTC and gold:

• Are you investing in BTC or gold?
• Do you think BTC has become more attractive than gold in the investment sector?
• Have people like Peter Schiff accumulated a lot of BTC while still badmouthing BTC in the media?

I don't consider gold an investment portfolio, even though its price has recently increased significantly. But in terms of investment, it is not attractive enough for me to invest a large amount of money over a long period of time, the profit rate is not enough for me to consider it as an investment portfolio. I just view gold as an insurance portfolio for my assets.

In contrast, Bitcoin has shown incredible returns if you invest in it early. Clearly Bitcoin is more attractive than gold in terms of investment. If you invest the same amount of money in Bitcoin, the profit can be several dozen times higher than gold. However, I think that Bitcoin and gold can be two complementary assets. You can protect your assets in gold when the market goes downtrend, and sell gold to reinvest in Bitcoin when the market prospers. You can rest assured that your assets will not be eroded by inflation when you do not have to hold USD.

As for Peter Schiff and the media in general, I don't consider what they say to be a truth. They only want us to hear what they want us to hear, every news or opinion of an individual has a purpose behind it. The harsh truth is that the ruling class do not want ordinary people like us to hold valuable assets like Bitcoin, so it is understandable that they try to defame and criticize Bitcoin in the media.

[Luzin]

I agree with you because gold have always dominated among precious metals over the years and we cannot underestimate the beauty and productivity of gold, bitcoin is just an asset that was introduced and it's still new despite the massive recognition and adoption it has recorded since it's invention. Both gold and Bitcoin are good investment, going for the both may look too expensive but if one have a heavy pocket then you can simultaneously go for the both.

Remember gold was discovered a very long time ago. We must know why gold is recognized as a valuable item? this looks the same as Bitcoin. This happened because of the consensus that has taken place to this day. So that trust is getting better, the slight difference is the physical that can be seen. Nowadays Gold is seen as a symbol that has uniqueness. But in modern times like today, of course there will be a shift.

Digital currency, crypto seems to be a technology that adapts to these times. It has proven its value and trust is getting better. But with the condition of age that is still a teenager, it may take more consistency for BTC to match Gold. BTC still needs major institutional recognition if it wants to become like Gold. In value, BTC is more attractive than gold, but in terms of recognition, trust and volatility, it seems that Gold is still better. IMO

[legendbtc]

I agree with you because gold have always dominated among precious metals over the years and we cannot underestimate the beauty and productivity of gold, bitcoin is just an asset that was introduced and it's still new despite the massive recognition and adoption it has recorded since it's invention. Both gold and Bitcoin are good investment, going for the both may look too expensive but if one have a heavy pocket then you can simultaneously go for the both.

Remember gold was discovered a very long time ago. We must know why gold is recognized as a valuable item? this looks the same as Bitcoin. This happened because of the consensus that has taken place to this day. So that trust is getting better, the slight difference is the physical that can be seen. Nowadays Gold is seen as a symbol that has uniqueness. But in modern times like today, of course there will be a shift.

Digital currency, crypto seems to be a technology that adapts to these times. It has proven its value and trust is getting better. But with the condition of age that is still a teenager, it may take more consistency for BTC to match Gold. BTC still needs major institutional recognition if it wants to become like Gold. In value, BTC is more attractive than gold, but in terms of recognition, trust and volatility, it seems that Gold is still better. IMO

Admittedly, bitcoin has been making incredible achievements, but comparing it to gold is really like comparing a teenager and a seasoned old man, there is still a very long way to go for bitcoin can stand next to gold.

Many bitcoin investors are just too eager and think that bitcoin is superior to gold because they only look at the profit aspect and ignore many other factors. But they also need to remember that high returns come with high risks, no asset that offers high returns is safe. Many bitcoin investors are too aggressive and biased to always compare these two assets and always put bitcoin first without any convincing evidence.

[Porfirii]

-snip-

As for Peter Schiff and the media in general, I don't consider what they say to be a truth. They only want us to hear what they want us to hear, every news or opinion of an individual has a purpose behind it. The harsh truth is that the ruling class do not want ordinary people like us to hold valuable assets like Bitcoin, so it is understandable that they try to defame and criticize Bitcoin in the media.

That's what I think, too. A few years ago he said Bitcoin was a bubble, today he says that it should've bought and we all think: oh! we were right and he was wrong! little pat on the back. And in a few months/years he will say something completely different (or not) depending on his interests.

I don't follow his career with a great interest, so maybe I'm wrong, he is honest and he doesn't give a f*** on what people think. But I agree somehow with SeriourlyGiveaway's opinion about the hidden agenda of many of these renowned people.

[jcojci]

Both of them are useful in a certain situation but the good thing about Gold, the price never drops like Bitcoin. This makes people become certain that investing in Gold is a better option than Bitcoin. But those who love to take risks will choose Bitcoin as well as they believe that despite the high risk, it gives them more profit.

If we think which of the two will seemingly stay long and for several decades, we can assure that Gold remains while Bitcoin is uncertain.
But of course, it depends on our preference and risk appetite. But for me, I'd choose them both because they are both profitable.

Looking back, we have seen Gold prices decrease in 1980-2000 and 2011-2015. This is completely normal because Gold prices had increased very strongly before that. The same thing happens with BTC: after each strong uptrend of +1000-2000%, BTC price often has a downtrend of -70-80%, and I think this is a part of the market. We cannot have high profits without accepting sharp declines. It is the large volatility that can create large profits for investors who understand the cyclical nature of the market.

For professional investors, or at least those who think they are truly professional, investing in BTC at this time around the Halving is a quite wise decision because we will soon have a strong uptrend and high profits, something that Gold is unlikely to achieve because Gold marketcap is too large.

Due to its increasing price, Bitcoin has become increasingly attractive to investors. Investors are interested in profiting from the difference in bitcoin prices by holding them for some time. Bitcoin is different from gold because gold tends to be stable and doesn't move quickly like Bitcoin. People who don't want to speculate may prefer gold to Bitcoin because they fear its rapid movements.

However, to last a long time, gold and bitcoin can last a long time. Many people want to hold physical form, so many choose gold over bitcoin. However, with the popularity of Bitcoin now, some of them also want to invest in Bitcoin. The type of investment will depend on each investor. If investors are willing to open themselves up to accepting new things like Bitcoin, they will accept Bitcoin as another investment besides gold. Moreover, this is about how they can gain profits in the future.

[Cookdata]

I would say yes, it's becoming more attractive in this recent years if you check its performance over the couple of years and comparing its performance with Gold existential, and if you think of the market cap and what the price would be if it eventually reaches the market cap of Gold, and furthermore, if you look at the monetary problem that Bitcoin have come to solve, and its true decentralized nature and the fact that it is deflationary, no one would ever kick back at Bitcoin, So I believe this is what institutional investors have come to realize about Bitcoin and that's why we've beginning to see more interest on Bitcoin institutional side.

The ETF spots are been approved in developed countries like US and China, it's now a attractive assets to even many institutional investors but there is no his character of Bitcoin I want it change badly, other traditional assets pump with high volatility but they ar  been careful on how they crash but bitcoin is both side ways, the way it pumo is the same the way it fall if there is any bad news, if that can be reduced or of its a manipulation, the exchanges should find a way to reduce them because they gave the platforms to them to play with the way the want.

The market of Gold you mentioned isn't a smaller one, it's probably around $15T market cap and when I see Comparism of Bitcoin to other assets that are large in market cap, the next question that comes to my mind is where will they see such kind of liquidity to make Bitcoin that big unless if  more institutional investors with billions sitting around the corner buy more Bitcoin, only retailers alone can't make Bitcoin to that level and even if they do, there will be sell off.

We also need the government to stay away with all their shenanigans, they scare investors anytime they become tough with Bitcoin regulation most especially the US SEC, other countries are always scared of US when they are involved in anything related to Bitcoin.

[Falconer]

I haven't excluded gold from my investment portfolio so far, but bitcoin is the asset I most hope to accumulate. Gold has risen a few percent over the past year and I have also benefited from it, but of course gold does not provide higher returns than bitcoin despite its price volatility which is very risky.

Gold and bitcoin are great investment assets, however so far I have only really focused on bitcoin and would prefer to stop buying more gold for now. I will go back to buying gold once I convert my profits from bitcoin.

[kawetsriyanto]

• Are you investing in BTC or gold?
• Do you think BTC has become more attractive than gold in the investment sector?

Yes, I am, both BTC and gold.

• Do you think BTC has become more attractive than gold in the investment sector?

It will depend on where you re asking. If you are asking here, yes, it is, because most people right here concern more about Bitcoin than gold in this forum. Moreover, we also understand how valuable and worth it BTC is. But, when you ask ordinary people, gold is the main and first thing, as in the global asset market cap too.

• Have people like Peter Schiff accumulated a lot of BTC while still badmouthing BTC in the media?

Probably, BTC is more private as long as he doesn't declare about what and how he has.

I haven't excluded gold from my investment portfolio so far, but bitcoin is the asset I most hope to accumulate. Gold has risen a few percent over the past year and I have also benefited from it, but of course gold does not provide higher returns than bitcoin despite its price volatility which is very risky.

Gold and bitcoin are great investment assets, however so far I have only really focused on bitcoin and would prefer to stop buying more gold for now. I will go back to buying gold once I convert my profits from bitcoin.

Many people are like this because of several considerations.
As well as:
- the possibility of someone gaining more profits from Bitcoin in a certain time period
- More interest in digital assets, in this case Bitcoin
- Limited amount of money to invest
- And several other personal reasons that tend to want BTC more than gold.
But indeed, as you said, both BTC and gold are investments that are very worth it and valuable. Both have great reputations that are beyond doubt. So, if we can invest in both, why not?

[Vincom]

I haven't excluded gold from my investment portfolio so far, but bitcoin is the asset I most hope to accumulate. Gold has risen a few percent over the past year and I have also benefited from it, but of course gold does not provide higher returns than bitcoin despite its price volatility which is very risky.

Gold and bitcoin are great investment assets, however so far I have only really focused on bitcoin and would prefer to stop buying more gold for now. I will go back to buying gold once I convert my profits from bitcoin.

A perfect investment strategy: When investing, choose BTC because it can generate higher returns during an uptrend. When the crypto market enters a downtrend, converting assets to cash or Gold is the right decision as Gold is better suited for asset protection purposes.

I believe that many investment funds are also moving towards this approach to maximize returns for their clients when they add BTC or spot BTC ETFs to their portfolios. They may also have recognized the allure of BTC's superior price performance compared to all other assets in the traditional financial market.

[Bloodseekers]

I haven't excluded gold from my investment portfolio so far, but bitcoin is the asset I most hope to accumulate. Gold has risen a few percent over the past year and I have also benefited from it, but of course gold does not provide higher returns than bitcoin despite its price volatility which is very risky.

Gold and bitcoin are great investment assets, however so far I have only really focused on bitcoin and would prefer to stop buying more gold for now. I will go back to buying gold once I convert my profits from bitcoin.

Of course, these two things will really depend on someone's desire to maintain the value of the assets they collect, but if we can collect these two things, of course this will be profitable for the investment we make and we will be able to gain profits from these two things. , when we have a good understanding of this investment, of course now it will be very good to collect Bitcoin for us to invest in the long term and of course we will be able to get profits from the investments we make and take advantage of the profits from the investments we make in Bitcoin Buying gold is of course the right choice to be able to prepare for a good future for those of us who can carry out both investments.

[Dunamisx]

As at what we are having till today, Bitcoin has become more attractive than gold, you could discover more on this from how people all over the world have been interested in knowing and learning Bitcoin, take advantage in it and make investment, unlike the way they could barely have access to gold because of it centralization, scarcity and high price before one can make an investment in it, but Bitcoin has come and made more improvements in such regards that everyone has the right and access of using it.

[Alone055]

As at what we are having till today, Bitcoin has become more attractive than gold, you could discover more on this from how people all over the world have been interested in knowing and learning Bitcoin, take advantage in it and make investment, unlike the way they could barely have access to gold because of it centralization, scarcity and high price before one can make an investment in it, but Bitcoin has come and made more improvements in such regards that everyone has the right and access of using it.

The extremely volatile nature of Bitcoin is the reason why many people are attracted to it and some are afraid of it because it has the possibility of both gaining and losing value significantly in a short period. Whether people accept it or not, the reason why Bitcoin has become so popular and why the whole world is interested in it is because it has become a profitable investment asset. Among the whole adoption, only a small percentage of people would be interested in Bitcoin or cryptocurrencies for the use cases they offer and a larger percentage are in it for the profits.

When we talk about Gold, it has been around for centuries and it has also been a profitable investment asset for centuries because its price has always been going up without any significant drops in it. However, Bitcoin is becoming the favorite of most investors because it offers quick profits and that is what everyone wants these days.

[martinex]

As at what we are having till today, Bitcoin has become more attractive than gold, you could discover more on this from how people all over the world have been interested in knowing and learning Bitcoin, take advantage in it and make investment, unlike the way they could barely have access to gold because of it centralization, scarcity and high price before one can make an investment in it, but Bitcoin has come and made more improvements in such regards that everyone has the right and access of using it.

That's right, and over time it happens.

Well, now in this period of decline all have been ready to increase the coffers of ownership again. For me BTC is the most real investment and has a definite future despite its high level of volatility.

In general the assumption is correct that Bitcoin is still relatively new, but regarding the OP question above, I think it is realistic for the OP to want to find out, especially with the significant price spike to date, BTC will always be something of a main foundation, making it attractive to investors who are looking for high potential returns whether they are set in the long term or the HODL period is shortened.

[Nothingtodo]

Bitcoin market is likely to outperform gold market in future but sometimes such price declines occur in bitcoin market and it seems that bitcoin will never outperform gold market. Currently the Bitcoin market is down so much before the halving that it doesn't seem like the Bitcoin market will be able to reach the highs before the halving again.

[tiCeR]

...

A perfect investment strategy: When investing, choose BTC because it can generate higher returns during an uptrend. When the crypto market enters a downtrend, converting assets to cash or Gold is the right decision as Gold is better suited for asset protection purposes.

I believe that many investment funds are also moving towards this approach to maximize returns for their clients when they add BTC or spot BTC ETFs to their portfolios. They may also have recognized the allure of BTC's superior price performance compared to all other assets in the traditional financial market.

I am wondering how you can explain your approach so easily when it comes to buying and selling BTC back and forth, switching between various asset classes and how you seem to be able to identify uptrends and downtrends without any problems?

...Gold is the right decision as Gold is better suited for asset protection purposes.

Maybe huge investment corporations or hedge funds are switching between asset classes all the time, but they have technology and algorithms and instruments in place that most people don't have at their disposal. But regarding the quote above, this is the logarithmic graph from before 2011 until now, displaying how many ounces of gold you need to buy BTC. When it goes up, BTC outperforms gold, when it goes down, gold outperforms BTC. Please keep in mind how the y-axis is structured and in a best case you visit the website and use the cursor to check out what the graph says. Seems that gold did not outperform BTC very much!



It is important to understand what exactly the graph is telling you. The scale on the y-axis and the long-term trend clearly says that BTC was overhelmingly well performing.

[Bitco55]

Well with the way Bitcoin's popularity and price are increasing daily, we can say it's really becoming more attractive than gold. But, at the same time the difference between the price of Bitcoin and gold isn't that much, cause the price of gold isn't remaining stagnant either it's also growing. Both assets are really good forms of investment.

The advantage Bitcoin has over gold is also the disadvantage it has, and that's it's fluctuating market. Bitcoin price is so volatile that it may give you high returns in a short period of time ( that's in this period of ATH), but its price may fluctuate and reduce drastically to the extent that gold would be way more expensive when compared to it.
So, to be honest, they are both really attractive, in as much as Bitcoin is volatile and gold isn't all that volatile, they still share similar prices. But Bitcoin may go way higher than gold since it's breaking ATH Moe more than usual now.

[kro55]

As at what we are having till today, Bitcoin has become more attractive than gold, you could discover more on this from how people all over the world have been interested in knowing and learning Bitcoin, take advantage in it and make investment, unlike the way they could barely have access to gold because of it centralization, scarcity and high price before one can make an investment in it, but Bitcoin has come and made more improvements in such regards that everyone has the right and access of using it.

The extremely volatile nature of Bitcoin is the reason why many people are attracted to it and some are afraid of it because it has the possibility of both gaining and losing value significantly in a short period. Whether people accept it or not, the reason why Bitcoin has become so popular and why the whole world is interested in it is because it has become a profitable investment asset. Among the whole adoption, only a small percentage of people would be interested in Bitcoin or cryptocurrencies for the use cases they offer and a larger percentage are in it for the profits.

When we talk about Gold, it has been around for centuries and it has also been a profitable investment asset for centuries because its price has always been going up without any significant drops in it. However, Bitcoin is becoming the favorite of most investors because it offers quick profits and that is what everyone wants these days.

You're right, big and quick profits, that's all that makes bitcoin more attractive than gold or any other investment, nothing more, nothing less and we shouldn't deny that.

It is true that bitcoin offers us many use cases and many benefits, and decentralization is one of the most talked about advantages. But profit is what we care about most in bitcoin, I believe that if bitcoin does not bring high profits to many people. Exaggerated bitcoin topics like this will not appear. But many people are trying to deny that they choose bitcoin for other benefits, not for profit.

[Easteregg69]

I click cars to get in again.

Problem with gold is it sucks. You can't really use it for anything.

Tell that to Peter Gold bug.

What can you draw from this? People value problems highly.

When they solve the problem they will bring it up as an example of good faith. Cheap.

ABC. Cheers. Have some dots to chew on... Lots of editing going on.

[Vincom]

I am wondering how you can explain your approach so easily when it comes to buying and selling BTC back and forth, switching between various asset classes and how you seem to be able to identify uptrends and downtrends without any problems?

Maybe huge investment corporations or hedge funds are switching between asset classes all the time, but they have technology and algorithms and instruments in place that most people don't have at their disposal. But regarding the quote above, this is the logarithmic graph from before 2011 until now, displaying how many ounces of gold you need to buy BTC. When it goes up, BTC outperforms gold, when it goes down, gold outperforms BTC. Please keep in mind how the y-axis is structured and in a best case you visit the website and use the cursor to check out what the graph says. Seems that gold did not outperform BTC very much!

I'm just presenting my own point of view. I believe that investment funds and whales have the necessary tools and financial capabilities to make these plans a reality. Looking back at the past, we can see that BTC has been fluctuating in a 4-year cycle, similar to the traditional financial market, so I think professional technical analysts can take advantage of this. In any case, it's just a look at the past, and I hope the funds will apply it more effectively in the future. Personally, I can only DCA BTC and take profits at the distribution zones of each season.

I would like to say that Gold is better for the purpose of storing and protecting assets: Gold's advantage is its price stability and its tendency to increase gradually over time. Gold cannot be compared to BTC in the long term in terms of investment: the returns from Gold will not be as good as the returns from BTC.

[tiCeR]

I am wondering how you can explain your approach so easily when it comes to buying and selling BTC back and forth, switching between various asset classes and how you seem to be able to identify uptrends and downtrends without any problems?

Maybe huge investment corporations or hedge funds are switching between asset classes all the time, but they have technology and algorithms and instruments in place that most people don't have at their disposal. But regarding the quote above, this is the logarithmic graph from before 2011 until now, displaying how many ounces of gold you need to buy BTC. When it goes up, BTC outperforms gold, when it goes down, gold outperforms BTC. Please keep in mind how the y-axis is structured and in a best case you visit the website and use the cursor to check out what the graph says. Seems that gold did not outperform BTC very much!

I'm just presenting my own point of view. I believe that investment funds and whales have the necessary tools and financial capabilities to make these plans a reality. Looking back at the past, we can see that BTC has been fluctuating in a 4-year cycle, similar to the traditional financial market, so I think professional technical analysts can take advantage of this. In any case, it's just a look at the past, and I hope the funds will apply it more effectively in the future. Personally, I can only DCA BTC and take profits at the distribution zones of each season.

I would like to say that Gold is better for the purpose of storing and protecting assets: Gold's advantage is its price stability and its tendency to increase gradually over time. Gold cannot be compared to BTC in the long term in terms of investment: the returns from Gold will not be as good as the returns from BTC.

Oh oh, a technical analysis fan here at work!

In any case, it's just a look at the past,...

A lot of people are now rolling with their eyes! You said it is just a look at the past... That is certainly wrong and there is a reason why very often there are massive short squeezes as some "smart" investors think they know what's going to happen next because the market did the same in the past, but it doesn't work like that. Technical analysis never catches unexpected events. But the risk for every investor is in the uncertainty, in the unexpected, not in what can be predicted with certainty and frankly, nothing can be predicted with certainty based on the past.

Just look at how many predictions said we would be six figures at the next block reward halving. We aren't. We are going sideways with slight up and down movements. People wonder whether halvings are priced in, whether we will see another spike, but nobody knows for sure.

I agree that a consortium of big players could manipulate and move the market, but even that wouldn't come without risk.

I would like to say that Gold is better for the purpose of storing and protecting assets: Gold's advantage is its price stability and its tendency to increase gradually over time. Gold cannot be compared to BTC in the long term in terms of investment: the returns from Gold will not be as good as the returns from BTC.

Then how does this whole statement make sense? Gold' tendency to increase gradually over time. Yes, is there anything different about BTC? Your statement is factually wrong as BTC from its inception till now outcompeted gold. It did not if you bought and sold and tried to time the market. But over a span of five years gold increased by a little less than 90%. BTC increased by about 1500%. What was better at strong and protecting someone's wealth over the last five years?

By the way, gold is better at storing wealth? Would you rather have your private key safely stored somewhere (presuming you know how to do it) or would you prefer your basement being packed with gold bars? How do you use redundancy to store your gold safely in more than one place just in case your house burns down?

[Alpha Marine]

Are you investing in BTC or gold?

Currently, I'm investing in BTC, but I'll also invest in gold in the future when I have enough money.

Do you think BTC has become more attractive than gold in the investment sector?

Personally, I believe it's a thing of preference. Some people will say gold is better, while others will say bitcoin is better. I feel both are still very good stores of value. The major difference to me is the availability and easy access of bitcoin.
It's so easy to get bitcoin. All you need to own bitcoin is  wallet to hold it in and you can get a wallet by downloading it for free. It's too easy. And if you want to liquidate, it's also very easy to sell.

Also, with Bitcoin, you can buy with small amounts of money. You don't need to have a thousand dollars and above before you can own Bitcoin. You can buy $40 worth of bitcoin. This gives the common man an opportunity to invest. That 40 dollars may not turn out to be much, but it will help him turn his savings into investment.

Have people like Peter Schiff accumulated a lot of BTC while still badmouthing BTC in the media?

This is a personal view I've always had. I believe most people that criticize bitcoin in the media have bitcoins themselves. Especially those in the banking sector, they know how big bitcoin is or would become so they buy but they will fight it publicly because it threatens their system.

[NewRanger]

A perfect investment strategy: When investing, choose BTC because it can generate higher returns during an uptrend. When the crypto market enters a downtrend, converting assets to cash or Gold is the right decision as Gold is better suited for asset protection purposes.

Of course, we also have to make some plans to ensure that trading will give maximum results and if I listen to what you have said, at least you understand how they are tricked so that the value continues to increase. Btw, we will also witness bitcoin price movements after the halving moment this year.

This is a personal view I've always had. I believe most people that criticize bitcoin in the media have bitcoins themselves. Especially those in the banking sector, they know how big bitcoin is or would become so they buy but they will fight it publicly because it threatens their system.

Of course, they will always be considered rivals because they also pay attention to the growth of crypto market capitalization from day to day. In my opinion, it would be better not to focus on that but to look for better ways to make economic activity run smoothly again, such as cutting interest rates so that people prefer to use money for business rather than saving in banks, maybe it would be better.

[G_Besar]

Bitcoin market is likely to outperform gold market in future but sometimes such price declines occur in bitcoin market and it seems that bitcoin will never outperform gold market. Currently the Bitcoin market is down so much before the halving that it doesn't seem like the Bitcoin market will be able to reach the highs before the halving again.

Various speculations and predictions are starting to happen now, especially regarding the condition of the gold market and also the Bitcoin market because what I see is that gold is still experiencing an increase in purchasing prices. While Bitcoin is currently experiencing a gradual price correction in the market, this does not mean that it will not provide another opportunity for Bitcoin to outperform the gold market someday. Because Bitcoin is strong enough at the moment, especially when there is an ETF in it, it makes more people move their intentions to buy Bitcoin as their own investment from now on.

[HideYourKeys]

Imho, it has some benefits that gold doesn't, mainly the fact that you can prove certain reserves. Gold has other advantages, but that flaw has led to market manipulation over time, it has been "paperized", unluckily

[Distinctin]

I haven't excluded gold from my investment portfolio so far, but bitcoin is the asset I most hope to accumulate. Gold has risen a few percent over the past year and I have also benefited from it, but of course gold does not provide higher returns than bitcoin despite its price volatility which is very risky.

Gold and bitcoin are great investment assets, however so far I have only really focused on bitcoin and would prefer to stop buying more gold for now. I will go back to buying gold once I convert my profits from bitcoin.

Both are actually good and highly profitable assets. But as time goes, gold only gets a slight increase in its own value while bitcoin’s value is seen skyrocketing most of the time, no wonder why it’s current price has certainly reached another level. The reason why majority of the investors these days that are more inclined to technology and innovation focused more on accumulating bitcoin rather than gold.

[skarais]

~~~

Both are actually good and highly profitable assets. But as time goes, gold only gets a slight increase in its own value while bitcoin’s value is seen skyrocketing most of the time, no wonder why it’s current price has certainly reached another level. The reason why majority of the investors these days that are more inclined to technology and innovation focused more on accumulating bitcoin rather than gold.

Not all investors are interested in non-physical investments like bitcoin and other cryptocurrencies, so I think each of them will just lean towards their own beliefs about which assets are the best. Bitcoin users and anyone who is familiar with Bitcoin will definitely try to accumulate Bitcoin compared to other assets, of course as long as they are still optimistic about being able to get big returns in the next bull run after the halving.

Even experienced investors in high-risk assets are not all interested in bitcoin for various reasons. I don't care about the reason why they didn't choose Bitcoin, it's not important to me because basically what we have to think about is ourselves instead of other people, whoever it is.

[ertha]

I still feel like it comes and goes, just like other commodities as of now. No matter how much I like BTC i feel it has lost its true value/comprehension over time. So without a good bandwargon urge it will be just another asset, just llike the others. Investing-wise, it's been a great median at the right moment.

[Wakate]

I still feel like it comes and goes, just like other commodities as of now. No matter how much I like BTC i feel it has lost its true value/comprehension over time. So without a good bandwargon urge it will be just another asset, just llike the others. Investing-wise, it's been a great median at the right moment.

Bitcoin is more valuable than gold for years now and we can benefit from holding and buying Bitcoin if we are very patient to hold for as long as possible. Gold is just a commodity that is traded but the value and price is still less compared to how far the price of Bitcoin has gone do far. We can not buy gold and keep waiting for the price to skyrocket so that we can make money from it but we can buy Bitcoin even as little as $10 and hold for as long as possible we want to hold it. The value is there and we can easily make huge profits from it if we are ready to hold and take the risk that is required for us to make money in the financial market.

[oktana]

Bitcoin is definitely more attractive in the investment sector. There’s no way it did so much price increase without people choosing it over gold. To show how much it is has become attractive as an investment, we now have Bitcoin ETF. Instead of recognizing it as a currency, it was recognized as an investment and that’s a sad thing because they are trying to drive focus away from the currency ability of Bitcoin and making people blinded by what profits they can make when they hodl Bitcoin.

[Yukyzu]

Bitcoin is more valuable than gold for years now and we can benefit from holding and buying Bitcoin if we are very patient to hold for as long as possible. Gold is just a commodity that is traded but the value and price is still less compared to how far the price of Bitcoin has gone do far. We can not buy gold and keep waiting for the price to skyrocket so that we can make money from it but we can buy Bitcoin even as little as $10 and hold for as long as possible we want to hold it. The value is there and we can easily make huge profits from it if we are ready to hold and take the risk that is required for us to make money in the financial market.

In recent years, everyone has realized that the price of Bitcoin has continued to increase since it was issued and now many people are collecting Bitcoin as an option for them to invest in their future and they can buy it with whatever amount they can afford and hold In the long term, both gold and Bitcoin, most people will use it as an investment, but it really depends on the knowledge and understanding they have to make one of these two things an investment and Bitcoin of course has risks and we have to understand it carefully. so that you can make a profit from the investment.

[Iranus]

I still feel like it comes and goes, just like other commodities as of now. No matter how much I like BTC i feel it has lost its true value/comprehension over time. So without a good bandwargon urge it will be just another asset, just llike the others. Investing-wise, it's been a great median at the right moment.

Bitcoin is more valuable than gold for years now and we can benefit from holding and buying Bitcoin if we are very patient to hold for as long as possible. Gold is just a commodity that is traded but the value and price is still less compared to how far the price of Bitcoin has gone do far. We can not buy gold and keep waiting for the price to skyrocket so that we can make money from it but we can buy Bitcoin even as little as $10 and hold for as long as possible we want to hold it. The value is there and we can easily make huge profits from it if we are ready to hold and take the risk that is required for us to make money in the financial market.

How will you make huge profits from bitcoin when your initial capital is only 10 USD? Yes, bitcoin can do that and make many people rich with just a capital of 10 USD or 100 USD if someone bought bitcoin 14 years ago and can hold it until now. But for those starting now, how can you turn $10 or $10k into $1 million thanks to bitcoin? Bitcoin is not a get-rich-quick investment, nor is it a tool that can help you get rich with just a small amount of capital.

In addition, when evaluating the value of an asset, you need to look at their total capitalization, don't just look at the value of each bitcoin or each kilogram of gold and say that bitcoin is larger than gold. What do you think about their capitalization, the gold market capitalization is worth 15 trillion USD, while bitcoin has not even surpassed 2 billion USD?