In my opinion, but gold and Bitcoin share a feature that they have been significantly undervalued. I personally doubt that either is in a bubble, but are simply on their way to a fair value. But speed-bumps are to be expected.
In the case of gold, the issue has been with the health and stability of debt-base inflationary monetary regimes. Gold simply cannot compete in such an environment.
In the case of Bitcoin, it is simple ignorance of the solution and lack of time to develop a viable economy.
My feeling continues to be that Bitcoin will outperform gold by orders of magnitude in the best-case scenario for each because Bitcoin is still much more undervalued. But also that there continue to be many risks associated with Bitcoin specifically and crypto-currencies generally and relatively fewer for gold.
