Quote from: Natalim on August 01, 2017, 05:56:41 AM

Quote from: Yanisumin on August 01, 2017, 05:13:59 AM

Quote from: flipstyle on June 13, 2017, 03:24:10 AM

Surely bitcoin as it has an ability to give me best profits in quick time which is never possible with gold as to make profits from gold you need to hold if for a very long time which is not possible for me.

Because Bitcoin is on it's acceptance development and some people are just new to these terms and what can it do so this is a time where we can buy bitcoins in a cheap price ( a 2000 plus dollars is not cheap but compared to bitcoins prediction in coming years it is a good time to buy ). Gold on the other hand is known to almost everybody and it is accepted thousand of years ago that's why it's price is not increasing in a fast pace.

People are predicting that bitcoin will cost a million dollar in the future to come and with the current price now it is very cheap.
It depend on us on how much we believe the price will reach because if the success will continue definitely it will happen if we also hold on.

It's much more complicated.
As both the assets have limited supply.
We know the total supply of Bitcoins and how long it will be issued.
But we don't have data about the total supply of gold or how long the mines would tolerate the demand.
And bitcoin supply decreases as time passes while gold production is increasing every year.