It may seem crazy comparing Bitcoin to gold. After all, gold is a historical store of value and is recognized all over the world. However, considering the huge appreciation of Bitcoin, an analysis of these two is more than warranted. A lot of investors may be tempted to invest in Bitcoin. The factors stated above should be kept firmly in mind. While Bitcoin does have a lot of good things going, there are still a lot of questions regarding this particular investment vehicle. Lined up with an analysis versus gold analysis, be careful not to engage in wishful thinking. Focus on the facts and risks. This is the proper way to do a Bitcoin vs. gold analysis.
Yes a good warning for all.
This two are really different. Even when bitcoin passed over the price of gold nothing changed. No one gave a damn because they know gold is different. If it is really alike then there might be movements that have happened before bitcoin will take over.
Bitcoin is new and doubts will be there, which is not in gold anymore. There is no doubt there, people just keep on buying it whenever they want to.