Will bitcoin overtake golds place?
It might be the case investors and adopters will use both gold and bitcoin, revealing either/or debates to be more about blackening bitcoins reputation than substantial analysis. Legacy banks usually prefer status quo to radical innovation.
Are you hedging in preference to bitcoin over gold?
it take gold place Because
1) it can divided to small parts like 1 $
2) price more than gold
I would go with Bitcoin now. The price would definitely increasing in future still. Though there is dip at times, it does not go down drastically. It recovers back to a genuine rate. So I believe in investing in bitcoins as of now.