Is bitcoin more important than gold?

[anshor1]

While gold is a more attractive asset for many investors, some note the very high potential of Bitcoin for long-term growth. Bitcoin needs to compete more intensely with gold as an alternative currency. Bitcoin capitalization needs to grow tenfold to match investment in gold. All this will certainly be and over time, bitcoin will be more important than gold.

Bitcoin is good for Investment, But gold is better . Many people have Invested in gold and they believed in gold. For now, several investor have bought bitcoin for Investment when they see bitcoin progress is good. But gold is still better than bitcoin.

[Anthony Estiva]

Bitcoin and Gold are far different from each other. Bitcoin is a digital asset while the gold can be physical reserves Therefore bitcoin can't surpass the value of gold even in centuries.

[ranaprime]

Gold is valuable assets but bitcoin is better then gold. Now the world is changed everything digitalized. Gold is metal
which needs space and security to protect but bitcoin is a digital currency which is stay in wallets. It can be more valuable by it's trading price. You can give security by code or pass word or private key store file. I think it facilities or advantages more then Gold.   

[Btceth01]

It seems to me that Bitcoin is much more important than gold.  The price of gold is in a certain place but the price of Bitcoin is not in a certain place. It is always up and down.  But to me bitcoin is more valuable than gold.

[Msweet]

You are absolutely right. At present, the price of Bitcoin is almost equal to the price of gold.  Just as the price of gold fluctuates, so does the price of bitcoin.

[Btceth01]

I could not have put it better. There is no point in comparing two very different assets.

Bitcoin is virtual currency and gold is a valuable metal. Many people think bitcoin is more important than gold.

[mlawson71]

And many people think gold is more important. To each their own.

[Alcor]

It seems to me that Bitcoin is much more important than gold.  The price of gold is in a certain place but the price of Bitcoin is not in a certain place. It is always up and down.  But to me bitcoin is more valuable than gold.

It is hardly possible to determine which is more important, gold or bitcoin.  However, one must proceed from the fact that gold, as one of the most valuable and reliable financial assets, has existed for more than one millennium, and bitcoin is only a little over ten years old.  Therefore, it is too early for Bitcoin to equal gold.  Cryptocurrency does not yet have sufficient distribution in our world, and now the vast majority of people will still choose gold over bitcoin.

[Tnoy30]

I compare Bitcoin to gold. Because the price of Bitcoin fluctuates and rises every moment. I think the prospect of market growth is good news for Bitcoin lovers. Those who invest and hold Bitcoin in love are going to benefit a lot from the cryptocurrency market. Because Bitcoin has a good future ahead.

[elbans89]

Maybe at the coming future when digital  era come, I think bitcoin  will more important than gold. But for now, not yet. Gold is still superior and has been used for Investment along years ago. Gold is more popular than Bitcoin.

[Fawpac2]

Gold is a little more important than Bitcoin because Bitcoin is approved in some countries around the world and not in many countries.  But the importance of gold is many all over the world and this gold is approved in all countries.  In terms of popularity, gold is the most important.

[Crypto Guard]

Actually I personally still like pure gold in particular. Because the value of gold is indeed safe for investment. And the risk is also very small. however, with Bitcoin I was able to get huge profits in a short time. and this is interesting to me. So I like both of them.

[ayatoslaw]

Gold is a little more important than Bitcoin because Bitcoin is approved in some countries around the world and not in many countries.  But the importance of gold is many all over the world and this gold is approved in all countries.  In terms of popularity, gold is the most important.

Both are important because Gold and Bitcoin have their respective uses, both complement each other because they have advantages and disadvantages, for example Gold can only store value but the price tends to rise, while Bitcoin can be used to store value and also as a means of payment but the price often falls because it has very high volatility.

[DAMKAR]

Bitcoin and gold are two different assets which are equally good. Each has its own market capitalization due to their values and demands. The difference between these two assets is a thin line perhaps in terms on their trading and volatility. Bitcoin trading seems to be easily done due to the decentralized blockchain technology. One can send and receive Bitcoin at the comfort of his home in just some few seconds - gold does not offer such fast and smooth trading. On the other hand, the price of gold seems quite stable than bitcoin hence makes investors of gold much sure about the market value than Bitcoin.
What is your opinion on this?

Gold is more popular than Bitcoin.  I don't think bitcoin is more important than gold. I think bitcoin is more profitable for Investment ,but more risky. Gold is more stable and less risk to investment.

[gotbounty]

For now, many people think that Bitcoin is still far below gold. And they prefer gold. Even if they already understand and benefit from Bitcoin, they can become rich people in just an instant.