Key advantage of bitcoin over gold is that its supply level is fixed and transparent which eliminating fears of the typical inflationary pressures associated with overproduction that could diminish the value of the asset. It’s on a disinflationary supply schedule. While many people think of gold as being the same, gold is actually a sneakily inflationary asset
If you were to ask people what gold's supply schedule looks like over time, they probably wouldn't draw you something that looks like an exponential curve. With gold being sneakily inflationary, it’s not set up to preserve value in the way that bitcoin is. Bitcoin's value, usefulness and importance to society will only continue to grow as commerce becomes more digitized. As more infrastructure is built around [bitcoin], we think that demand will rise relative to its mathematically metered supply, increasing its price support
Topic: Bitcoin has defeated gold - page 16. (Read 28600 times)
Bitcoin has indeed beat the price of gold, but Bitcoin still can not beat the function and popularity of Gold, between Bitcoin and gold must have a difference, and I like both 
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: $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.
From the aspect of price is bitcoin has beaten gold. But from another aspect gold is more valuable than bitcoin because it has a physical form. But even so I prefer bitcoin to gold.
think gold with bitcoin is just as good. If the price of gold, the price of return will be a loss, and that's just for jewelry. I think you better invest into bitcoin because for you it's better than gold. Because for them they bitcoin price in the future will be higher again. So you get more profit.
Nope bitcoin has not yet defeated gold and this is coming from a bitcoin maximalist. I say it hasn't because although the price is higher that isn't where we win. We win when bitcoin marketcap surpasses that of gold marketcap, that is the day I will celebrate 
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. We actually can't say that. Bitcoin is getting popular these days but still majority of people are preferring gold over Bitcoin. Gold is more safer investment asset than Bitcoin which is giving people a reason to use gold over Bitcoin .So we can't say that Bitcoin has defeated gold.
I believe that in no time, bitcoin will take the crown as the reigning fiat in the block chain. Bitcoun has a lot to share and offer in this market because of its ability to adapt in may technological changes.
Who said gold has been defeated by bitcoin ? how did you get that outcome ? is there specific conversion of bitcoin?
Bitcoin and Gold is an asset on different state or category. Bitcoin is limited so its price is big unlike gold it is estimatedly 160,000 metric tons and not yet of computations how much left beneath the surface.
I think you compare the bitcoin's price you have and the gold you have.
Bitcoin and Gold is an asset on different state or category. Bitcoin is limited so its price is big unlike gold it is estimatedly 160,000 metric tons and not yet of computations how much left beneath the surface.
I think you compare the bitcoin's price you have and the gold you have.
We actually can't say that. Bitcoin is getting popular these days but still majority of people are preferring gold over Bitcoin. Gold is more safer investment asset than Bitcoin which is giving people a reason to use gold over Bitcoin .So we can't say that Bitcoin has defeated gold.
As I would like to think, bitcoin crushed gold on the cost, however it isn't in the fame and acknowledgment. Truly, bitcoin is currently significantly more costly than gold, yet the gold acknowledgment and notoriety is extremely extraordinary.
it is all already happening that bitcoin prices outweigh the current gold, even the price can now buy one new car unit of remarkable developments of bitcoin. 
Demand, price and feature are much difference between. Bitcoin present value is very high, which price very high from gold.
You need to remember that the market capitalization and the number of users remains quite high for gold, when compared to Bitcoin. And I don't think that Bitcoin will ever be able to overtake gold in this regard.
it is true bitcoin prices are far superior to gold, but bitcoin can not beat the luxury of gold. Gold and bitcoin have their own advantages of having both is a good idea.
GOLD has always been an opportunity for investors around the world. It is globally recognized as a valuable item that can be turned into almost every Fiat currency.One thing is of great benefit to Bitcoin is that it can be easily transported regardless of quantityDemand, price and feature are much difference between. Bitcoin present value is very high, which price very high from gold.
The utility of both of them are very different. Gold is generally used for investment and also for the jewelry purpose as female and males too love it. Gold exists from decades and decades and on other hand btc is just few years old. Though when comparing for returns btc has given highest returns than any thing else but will it continue to give such returns in coming years need to be seen.
Demand, price and feature are much difference between. Bitcoin present value is very high, which price very high from gold.
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.
It is already defeat by bitcoin the price of gold because each bitcoin was already has a higher price since the gold was limmited to its price because its all base on its weight and carats. When in terms of time by time bitcoin has increases more than gold. So its clearly that bitcoin has defeated the gold. 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.
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.
Well i can't believe that bitcoin defeated gold, yes bitcoin defeated gold because bitcoin is so very expensive , it's price is higher than gold, well bitcoin now is very popular and safe to use because it has a lot of securities. 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.
Yea! bitcoin has defeated gold. Gold price up and down, but maximum time btc price is high and high. So, Bitcoin is better then gold for long time saving.
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 Bitcoin Overcomes Gold .. And More safer process of Mining .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.
because It is used with computer .
while mining real gold is Not Eco Friendly.
I'd guess that the more our society migrates to being virtual and electronic, the less valuable rocks will be, even shiny ones.
For me it's a big yes bitcoins is totally defeated gold right now and in the future bitcoin will surely be remain as the best cryptocurrency among the rest, bitcoin price is has greater chance to rise or increases its value unlik on gold, and eventhough that bitcoin is not tangible but the value of it is very nice compare to gold.
I'd guess that the more our society migrates to being virtual and electronic, the less valuable rocks will be, even shiny ones.
For me it's a big yes bitcoins is totally defeated gold right now and in the future bitcoin will surely be remain as the best cryptocurrency among the rest, bitcoin price is has greater chance to rise or increases its value unlik on gold, and eventhough that bitcoin is not tangible but the value of it is very nice compare to gold. Jump to: