Bitcoin has defeated gold - page 11.

ArnoldChippy

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Quote from: Papaczed on January 26, 2018, 10:27:32 AM

Quote from: themystick on January 22, 2018, 04:44:16 AM

I think It's not easy. Gold is the most efficient asset in the world and people want gold everytime in the history. Because gold is meaning glory and wealth. Bitcoin or any other cryptocurrency not. Roll Eyes

Yes that is true, bitcoin is surely more stronger than gold and right now bitcoin is the king and i think gold has no chance on bitcoin because in the future bitcoin is we will more great and i know the value of it is we will surely pump more high and in that way gold has no chance to beat bitcoin.

Very honestly although we can see that bitcoin has overcome gold as compare to their price but still it is not right to say that bitcoin is more stronger than gold, As gold has a very stable price and we can see a very little change in the price of gold even after years therefore we can say that gold has still very strong position as compare to any crypto currency.

Sled

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Quote from: Oggy Pogi on January 26, 2018, 05:14:58 PM

Quote from: soul-impact on March 02, 2017, 11:13:27 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.

Yes it is true that based on your information gathered and have put into your post, it can be clearly seen and stated that Bitcoin have already surpassed or crossed over gold in terms of price but it is not the only we must consider because when it comes to stability of the price, still people trust gold rather Bitcoin because they can see that it has much more capacity to keep their money on a high price for gold holders and I think people who have been using Bitcoin also thinks the same thing on Bitcoin.

I don't think that the price is the natural basis for surpassing something because even though the price of bitcoin was cheaper than gold, i think that it already surpass the gold because of the technology that the bitcoin have and the gold doesn't have and that give a lot of difference from those two which separates those two into different type of asset which makes bitcoin superior over gold.

Oggy Pogi

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Quote from: soul-impact on March 02, 2017, 11:13:27 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.

Yes it is true that based on your information gathered and have put into your post, it can be clearly seen and stated that Bitcoin have already surpassed or crossed over gold in terms of price but it is not the only we must consider because when it comes to stability of the price, still people trust gold rather Bitcoin because they can see that it has much more capacity to keep their money on a high price for gold holders and I think people who have been using Bitcoin also thinks the same thing on Bitcoin.

elloco4ever

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Quote from: maxamus on January 26, 2018, 04:08:33 PM

Quote from: SergeYak on January 26, 2018, 02:07:07 PM

Bitcoin defeated gold ? LOL Grin

Bitcoin's price is going upside down all the time when gold is pretty stable and staying expencive all the time.
I think that bitcoin need more time...

Bitcoin and gold cannot be compared as these two represents two completely different domain and one can give you sudden gain or lose other is stable and gives you slow gains which is not worth waiting for long time I don't understand why people compare bitcoin and gold these are not related to each other.

Yes I do understand that these two cannot be compared as they serve different interest but at the end of the day both are used as a token of investment hence it's obvious to compare between gold.and bitcoin to know which one is worth if more investment for a better return.

syberwolfen

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Quote from: sajjad100 on January 26, 2018, 03:04:19 PM

It actually depend on the current situation. If we compare the price of 1 Bitcoin and the price of gold then we will surely find our answer. Yes the bitcoin has cross the price of gold.

Yes bitcoin has crossed the price of gold but people can buy gold and touch it I mean it's physical but that's not the case with bitcoin or any crypto currency as these are completely digital and it really does not make any sense by comparing these two as these are not related in any ways apart from investment

maxamus

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Quote from: SergeYak on January 26, 2018, 02:07:07 PM

Bitcoin defeated gold ? LOL Grin

Bitcoin's price is going upside down all the time when gold is pretty stable and staying expencive all the time.
I think that bitcoin need more time...

Bitcoin and gold cannot be compared as these two represents two completely different domain and one can give you sudden gain or lose other is stable and gives you slow gains which is not worth waiting for long time I don't understand why people compare bitcoin and gold these are not related to each other.

sajjad.uc

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Yes it has already over taken the price of gold. Well done bitcoin. Experts assuming that the price of bitcoin will go more up. They are pretty much confident about that. So the gold will loose again in the race with bitcoin. No chance for gold.

sajjad100

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Coin Hunter

It actually depend on the current situation. If we compare the price of 1 Bitcoin and the price of gold then we will surely find our answer. Yes the bitcoin has cross the price of gold.

stayeduptolate

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Quote from: soul-impact on March 02, 2017, 11:13:27 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.

I think that Bitcoin has defeated gold only in terms of its price but not in terms of popularity and stability. Without any doubt, good is the world's most popular investment and almost anyone and everyone wants to invest in gold.
Good is also the world's most stable and safest investment for sure. Bitcoin still has to go through a long way if it wants to be as popular and stable as gold.

SergeYak

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Bitcoin defeated gold ? LOL Grin

Bitcoin's price is going upside down all the time when gold is pretty stable and staying expencive all the time.
I think that bitcoin need more time...

shezu007

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of course bitcoin has defeated the gold in the business market. The rate of generation rate of money of the bitcoin is high then gold in a specified time. The user of the bitcoin are so many time of the gold. Gold user are limited while bitcoin user are unlimited and growing day by day.

Papaczed

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Quote from: themystick on January 22, 2018, 04:44:16 AM

I think It's not easy. Gold is the most efficient asset in the world and people want gold everytime in the history. Because gold is meaning glory and wealth. Bitcoin or any other cryptocurrency not. Roll Eyes

Yes that is true, bitcoin is surely more stronger than gold and right now bitcoin is the king and i think gold has no chance on bitcoin because in the future bitcoin is we will more great and i know the value of it is we will surely pump more high and in that way gold has no chance to beat bitcoin.

nikifffor

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Quote from: dhrazzen on January 26, 2018, 09:06:19 AM

In terms of value we know for sure that bitcoin already defeated gold, even the day bitcoin was created gold was replace by bitcoin in the world of Industry and in crypto world. Lots of people could say that they earn in bitcoin not in gold. Bitcoin is more profitable than gold.

How did bitcoin defeat gold? Look at the capitalization of bitcoin and gold? Do you see the difference? In addition to gold, there is an undeniable advantage: it is a value known for centuries, and bitcoin has so many drawbacks that its future is not clear.

dhrazzen

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In terms of value we know for sure that bitcoin already defeated gold, even the day bitcoin was created gold was replace by bitcoin in the world of Industry and in crypto world. Lots of people could say that they earn in bitcoin not in gold. Bitcoin is more profitable than gold.

illnino

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Quote from: NicG13 on January 14, 2018, 02:04:22 PM

Don't count out gold just yet. Gold has been money for thousands of years and outlives every single currency humans ever produced. Gold will re-affirm itself when the next big crisis hits. It will be very interesting indeed to see what happens to Bitcoin too.

Bitcoin has surpassed the price of gold, but further it will be problematic to grow due to lack of scalability. I think its price will be more stable in the near future.

zozuk

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The states might replace gold with crypto (bitcoin likely) on long term. Eventually, the monetary system pairs gold with fiat and puts a price ticket on it. Gold must have a certain, controlable supply in order to have a stable economic system. Well, we know that bitcoin has a maximum supply and it can be given an value to trade with.

I actually think that this is the plan, it takes time for the central banks to sort out when en how. Unfortunately there will be no thing as decentralization at the end.

Noelbetty12

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Well in terms of value surely it could as it has now become a medium of currency exchange. Many used bitcoin in transferring money, paid some of their bills online and many other things it can be used to. Yet so many people also have fears on investing on this type of currency due to reason that it is virtual and does not really exist. Since there are still people around who are not knowledgeable enough on this area they prefer gold rather than bitcoin. I think they could go hand in hand (gold and bitcoin) together in the future.

Polipog

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In terms of value, gold is yet defeated by bitcoin, today bitcoin is ranking as most higher value among any other cryptocurrencies.

G2z_Riya

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Almost an year back the price of gold got overcome by bitcoin. Users mentioned that the growth is temporary and will not continue for a longer time. In reality it showed almost a 100% growth. In terms of trust bitcoin hasn't overcome the value gold has earned from people around the globe.

themystick

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I think It's not easy. Gold is the most efficient asset in the world and people want gold everytime in the history. Because gold is meaning glory and wealth. Bitcoin or any other cryptocurrency not. Roll Eyes

Topic: Bitcoin has defeated gold - page 11. (Read 28633 times)