bitcoin is always an best choose for the long term investment. It was already decided by many bitcoiners when bitcoin price started its competition with gold. right now its scale is further most ahead and unto the end of 2017 the price can reach 2000$ as said by some popular elite members of trading group.We sure should buy some bitcoins as they are really going to the moon
The price is possible and competes with gold, but bitcoin is not a stable currency and investments for a longer period are more dangerous than gold.
I totally agree with your premise even though bitcoins is going higher and higher, at the end its a currency and when maybe the market of the world economy tanks, its going to be affected as well. Gold on the other hand is very stable and to me is the best option for long term investment.
Gold is safe investment, and in long term your money won't lose value, maybe you will accumulate some profit. With bitcoins risk is higher, but in long term bitcoin can bring huge profit. That is old story, if you are rich and you nerd to choose safe place to keep that fortune gold is good choice, but if your goal is to get rich in the future bitcoin is much better choice. Rich people have advantage here, they can save their money in gold, but they also can spend some money on bitcoins and wait them to grow.