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Topic: Bitcoin has defeated gold (Read 28617 times)

hero member
Activity: 868
Merit: 500
April 21, 2018, 02:29:11 PM
As you know Bitcoin has long been called digital gold. And not in vain. Bitcoin has long been not just a means of payment, a highly liquid and profitable asset. Therefore, it is not surprising that 1 Bitcoin costs more than 1 ounce of gold.
full member
Activity: 560
Merit: 101
April 21, 2018, 02:13:31 PM
It is very justified if this bitcoin has exceeded the price of gold in the market Nowadays but even so people still choose gold because the price of gold is more stable in Compare bitcoin prices are very volatile and again bitcoin no one is responsible if one day the assets we have lost
sr. member
Activity: 686
Merit: 359
April 21, 2018, 02:08:32 PM
Bitcoin has defeated Gold in terms of price. Bitcoin is way more than expensive than Gold. But when we talk about popularity, Gold wins. Gold has already been popular since the world war.

bitcoin is also getting popular day by day. One day it can beat gold in that area also.
full member
Activity: 966
Merit: 104
April 21, 2018, 02:07:26 PM
Bitcoin: $1260/BTC
Gold: $1241/xau
Well, I can not believe that the Bitcoin prices has crossed over gold sooner than I expect. I thought the process would be finished in April. Wow, Bitcoin is truly worth and everyone who has sold their Bitcoin has made a huge mistake. Nothing can stop Bitcoin right now.
Gold and bitcoin are completely different in nature and not comparable things that even exist in different worlds. They compared the cost of an ounce of gold and bitcoin and are happy. Compare then the cost of a kilogram of gold and bitcoin or an ounce of gold and one satosh. Then it will be fair. Gold has always been, is and will be an eternal value, which can not yet be said about Bitcoin.
member
Activity: 224
Merit: 10
April 21, 2018, 01:35:11 PM
Bitcoin has defeated Gold in terms of price. Bitcoin is way more than expensive than Gold. But when we talk about popularity, Gold wins. Gold has already been popular since the world war.
hero member
Activity: 980
Merit: 502
April 21, 2018, 01:31:12 PM
Bitcoin: $1260/BTC
Gold: $1241/xau
Well, I can not believe that the Bitcoin prices has crossed over gold sooner than I expect. I thought the process would be finished in April. Wow, Bitcoin is truly worth and everyone who has sold their Bitcoin has made a huge mistake. Nothing can stop Bitcoin right now.
Its  true that bitcoin has defeated gold In terms of price But still I don’t think that bitcoin will be able to defeat Goldberg and replace it because firstly, gold is way more popular than bitcoin and has way more users than bitcoin throughout the world. Then gold has a physical entity whereas bitcoin is just a digital form of currency. Then gold is trusted by most of the people whereas bitcoin is not. Then gold is accepted everywhere whereas there are only limited places where bitcoin is accepted.
newbie
Activity: 182
Merit: 0
April 21, 2018, 01:25:25 PM
yes I agree with your opinion, but both gold and Bitcoin have their own advantages in the eyes of the community.
newbie
Activity: 120
Merit: 0
April 21, 2018, 01:06:06 PM
In the condition of price may be bitcoin defeated gold. Yes, we can see that bitcoin is much expensive than gold. But if you are computing the total bitcoin and the absolute gold collected by now and compare its value in every each of it you can know the differences. Also, both side is different gold is a metal and bitcoin is a cryptocurrency.
newbie
Activity: 97
Merit: 0
April 21, 2018, 01:02:06 PM
For it's not comparing its price but the use or how are dealing with these two. These two has a great price and yes I also believe that bitcoin will be one of top sooner
full member
Activity: 420
Merit: 100
CAT.EX Exchange
April 17, 2018, 11:53:04 PM
yes really once bitcoin has beaten gold in terms of price. but gold and silver have existed for centuries ago to this day still exist. the new bitcoin lasts for nine different years with gold. then the value of bitcoin is very fluctuative in contrast to gold that tends to be stable. Gold is also very liked by people of antiquity and now. I think it still takes a long time for bitcoin to really beat gold.
full member
Activity: 1484
Merit: 101
April 17, 2018, 11:36:46 PM
I never see that there is a strong comparison of bitcoin can beat gold, this is only a bitcoin user opinion but in general of course gold is the best investment choice because it can be used internationally and there is never a rejection.
sr. member
Activity: 840
Merit: 252
April 17, 2018, 11:21:08 PM
Bitcoin: $1260/BTC
Gold: $1241/xau
Well, I can not believe that the Bitcoin prices has crossed over gold sooner than I expect. I thought the process would be finished in April. Wow, Bitcoin is truly worth and everyone who has sold their Bitcoin has made a huge mistake. Nothing can stop Bitcoin right now.

Even if bitcoin beat gold in terms of value, these two still have different characteristic. Gold is physical while bitcoin is digital. In terms of physical characteristic you can expect gold to be in many uses and while bitcoin is in digital uses too. Many people and investors are hook to bitcoin because it is safe to invest and you can carry it to your pocket via your android phone while in gold, you can't carry it in your pocket and purchase things in the internet using it.
sr. member
Activity: 659
Merit: 250
April 17, 2018, 10:59:15 PM
This is certainly not true, it is difficult for bitcoin to defeated gold because the influence of gold is very strong, the most important thing is that almost every human being in the world know and accept gold so beating gold with anything including bitcoin is the thing that looks impossible.
I agree, Bitcoin is the most stable and profitable physical material and cannot be compare in bitcoins. Any currency can be backed by gold like DGD that has good value because of real gold. Bitcoin can never defeat gold even  in decades from not that why it is both good to have it an asset.
newbie
Activity: 45
Merit: 0
April 17, 2018, 10:50:16 PM
Bitcoin is actually following gold's historical chart very closely. Overlaying it ontop of one another you can see Bitcoin is supposed to have a slow rise here in the coming months. You can tell people treat it as a store of value rather than a currency for exchange.
sr. member
Activity: 1190
Merit: 250
April 17, 2018, 10:47:00 PM
This is certainly not true, it is difficult for bitcoin to defeated gold because the influence of gold is very strong, the most important thing is that almost every human being in the world know and accept gold so beating gold with anything including bitcoin is the thing that looks impossible.
member
Activity: 134
Merit: 10
April 17, 2018, 04:14:48 AM
i dont think that bitcoin can surpass the price of gold. although bitcoin price is picking up its value but i thing it is more stable to know the value of gold. gold is here forever and its price is getting higher and higher as time passes by.  But on the other hand bitcoin also picking up its value so it is up to you whether where you want to invest your money, afterall it is you will still benefit from it
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
April 17, 2018, 03:55:17 AM
Bitcoin: $1260/BTC
Gold: $1241/xau
Well, I can not believe that the Bitcoin prices has crossed over gold sooner than I expect. I thought the process would be finished in April. Wow, Bitcoin is truly worth and everyone who has sold their Bitcoin has made a huge mistake. Nothing can stop Bitcoin right now.
Yeah as I noticed gold really defeated by bitcoin and we have a proof of that because in social media crypto currency was very popular.
In my opinion there is no loser or even winner in this comparison because they are both good investment for long term and we should just invest our money into those investments with the right risk management to avoid having huge losses. If you invest your money to either gold or bitcoin then i think that you will still be happy for your profits because they are both good at their own way.
member
Activity: 248
Merit: 10
April 16, 2018, 10:26:03 PM
Bitcoin: $1260/BTC
Gold: $1241/xau
Well, I can not believe that the Bitcoin prices has crossed over gold sooner than I expect. I thought the process would be finished in April. Wow, Bitcoin is truly worth and everyone who has sold their Bitcoin has made a huge mistake. Nothing can stop Bitcoin right now.
Yeah as I noticed gold really defeated by bitcoin and we have a proof of that because in social media crypto currency was very popular.
full member
Activity: 378
Merit: 100
April 16, 2018, 10:07:58 PM
i think both beat each other in different fields, gold is better because it is safer (because it is not fluctuating) whereas bitcoin is very profitable in the near term because it is fluctuating, which makes bitcoin preferred because bitcoin is more potent than gold, bitcoin is still young and very likely to have prices many times over the next few years.

full member
Activity: 504
Merit: 106
🚀🚀 ATHERO.IO 🚀🚀
April 16, 2018, 09:19:41 PM
Bitcoin: $1260/BTC
Gold: $1241/xau
Well, I can not believe that the Bitcoin prices has crossed over gold sooner than I expect. I thought the process would be finished in April. Wow, Bitcoin is truly worth and everyone who has sold their Bitcoin has made a huge mistake. Nothing can stop Bitcoin right now.

Yes. That is exactly right. Bitcoin is better than gold not only in value but also for investments. Gold market is stagnant and the money you can earn from investment is limited. Unlike bitcoin, you have lots of opportunities to earn and if you already know how the market works, it will double the chances of earning since you are familiar with the trend. There's also tons of alternate coins to choose from. Bitcoin is better in so many ways.
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