What lies? That Bitcoin is a better safe-haven than Gold? It is, try taking it away from someone.


The Central Banks that Bitcoin is seeking to liberate you from?


GOOD!


Wrong. Bitcoin is simply young, and it is still going through a price discovery. It will take some time in my opinion.


That's true, and I'm the biggest FOOL of all. Don't listen to me, listen to Hard Facts.

Bitcoin becomes more scarce every 4 years so almost close to being 100% definitive, bitcoin is & will be worth more than gold. Gold is a good store of value but who the hell uses gold to pay for anything in modern timee? We’re not in the 1800’s.

Bitcoin and gold are valuable investment assets. But gold and Bitcoin have many differences. The increase in Bitcoin prices is very unusual, but when reduced, the price is able to drop very sharply. It can make people go crazy when prices drop very sharply. As happened some time ago that Bitcoin was experiencing a very sharp decline. Whereas gold price movements are more stable than Bitcoin.

I personally prefer to trade Bitcoin. However when I have a great advantage of trading. The advantage I invested in gold.

Gold isn't scarce--not now, not before this viral crisis, and it's not going to be anytime soon.  There might be crazy panic buying and some retailers might be having trouble keeping gold in stock, but I can guarantee you that's only a temporary situation.  It isn't as if the world had any gold vanish off the face of the earth.  All those gold coins and bars are still out there, it's just that some people are likely hoarding a great deal of them at the moment.

And what this thread essentially boils down to is another bitcoin vs. gold debate, and I've seen probably a hundred of these since 2015.  Without knowing exactly what you're comparing (e.g., 1 ounce of gold vs. 1BTC), it's a silly question. 

I'm not much for gold ownership myself, but I can understand why it's hot right now.  With all the money printing that's going on, people want to hedge against inflation--and traditionally that's been done with gold & silver.  Bitcoin?  Not a good hedge in my opinion.

The gold prices are manipulated by the US federal reserve system for decades.The real price of gold is actually higher.
The Americans wanted to keep the gold price low,because if it gets more expensive,more countries in the world will buy more gold to backup their national currencies and stop using US dollars as a reserve currency.
I hope that both Bitcoin Core and Gold will become way more valuable during the summer,but I'm not quite sure about Bitcoin.


It is considered by some scientists that more than 75% of the gold on the planet Earth has already been mined.This information is debatable,if you ask me.

There are an UNLIMITED number of crypto currencies that can be created.

There are only 1,000  " Hard Facts Coins " in existence, that does not give them any value.  Scarcity in itself means NOTHING.

Central Banks, Hedge Funds, serious money does NOT invest in BitCoin.    Intelligent people know that BitCoin is like going to the casino, pure gambling, and likely to lose their investment.

Hard Facts

Gold is becoming scarce, but if you check the charts then you can see that the mine production of gold is not declining. The amounts have remained remarkably stable over the years. The production in South Africa and some of the other nations have declined during the past decade or so. But that has been more than neutralized by the increase from Russia, Amazonian nations and even China.

In the near future, the scarcity of Bitcoin is going to increase at a faster level when compared to that of gold.

considering the fact that gold price also got dumped during the worldwide panic you can't make that conclusion. besides comparing bitcoin with gold is like comparing apples and oranges. bitcoin has a lot of positive characteristics that gold can never have and vice versa. for example you can always buy as many bitcoin as you want and store it all the same on your own in the safest possible way (eg cold storing millions of dollars worth of bitcoin) but you can never do the same with gold! there is no way you could "safely" store millions of dollars worth of gold on your own.
not to mention that you can't spend gold but you can spend bitcoin in any size or amount.

BTCitcoin should gain more value by 2021 and more adoption. We have evolved by making growing Bitcoin and cryptocurrencies. Although the Coronavirus is a horror to humanity, it has sparked many people the interest of using it as a means of payment, it is also being used to raise donations to fight the virus.