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Topic: Bitcoin has defeated gold - page 19. (Read 28617 times)

full member
Activity: 294
Merit: 100
December 12, 2017, 07:44:30 PM
Yes  it is possible that bitcoin can defeat the gold. As we all know that gold is already stable in its price, if it will increase, only in a small amount, but in bitcoin its volatility feature makes bitcoin reaches the highest value than what gold has, Bitcoin may defeat the price of gold if bitcoin value will continue to go higher.
hero member
Activity: 552
Merit: 500
December 12, 2017, 06:54:06 PM
Nothing can stop Bitcoin right now as it grows everyday. Those that sold their Bitcoin and lose hope, and those people who didn't believe in Bitcoin, they have much regret because they let the opportunity to pass unto them. Bitcoin is truly worth more than ounces of Gold.

Even I have sold a major part of my Bitcoin stash. And you are right. I used to think about it every day. But now I have realized that I need to carry on, despite those setbacks. I am happy with what I got. Even now, my coin holdings are quite significant when compared to the others. I now believe that I am one of those lucky guys out there.
Holding Bitcoin for long term does not mean we need to hold forever. Sometimes, I need to have money for my life, so, I sold my Bitcoin and accept the rates I had sold. Of course, we do not know the future. If the price of Bitcoin drop down after I sold it, am I lucky? Cheesy
legendary
Activity: 2044
Merit: 1008
December 10, 2017, 01:51:41 PM
Nothing can stop Bitcoin right now as it grows everyday. Those that sold their Bitcoin and lose hope, and those people who didn't believe in Bitcoin, they have much regret because they let the opportunity to pass unto them. Bitcoin is truly worth more than ounces of Gold.

Even I have sold a major part of my Bitcoin stash. And you are right. I used to think about it every day. But now I have realized that I need to carry on, despite those setbacks. I am happy with what I got. Even now, my coin holdings are quite significant when compared to the others. I now believe that I am one of those lucky guys out there.
member
Activity: 154
Merit: 10
December 10, 2017, 01:22:47 PM
You cannot keep anything constant everything has to be cycled same like that only people who sold bitcoin earlier are for sure regret only but the requirement of expenses cannot be stopped also. The great thing about bitcoin is getting its value stronger and more stronger and gold value has been behind bitcoin. Cryptocurrency is the revolution and it is time's requirement to accept the changes in currency world.
hero member
Activity: 812
Merit: 1000
December 10, 2017, 01:07:45 PM
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.
gold is certainly more safe, but with bitcoin people can earn much more...so the bold put in bitcoin...but the bold in the minority

full member
Activity: 168
Merit: 101
December 10, 2017, 01:05:53 PM
Nothing can stop Bitcoin right now as it grows everyday. Those that sold their Bitcoin and lose hope, and those people who didn't believe in Bitcoin, they have much regret because they let the opportunity to pass unto them. Bitcoin is truly worth more than ounces of Gold.
yes in the means of price bitcoin take the lead.but we need to clarify that both are different from each other because gold is a physical thing which is used by people from many years .it is also a old tradition for profit to use  gold.world is dealing with gold after money in very high amount and the price of bitcoin is very stable.it cannot lose value,on the other hand if you invested in bitcoins in the past few years, you would beat every securities and investments out there. And seems like bitcoins isn't stopping anytime soon. I guess this is really the future of finance. We need just more people to use it and believe in it to really see it grow to its full potential. Bitcoins really did exceed my expectation of it as an investment.
sr. member
Activity: 2366
Merit: 448
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December 10, 2017, 12:58:26 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.
It is very remarkable that bitcoin is currently succumbing to the price of gold, but gold is still going to be a nation's wealth that will never run out of antiquity. because we can not predict the future of bitcoin and may fall below the price of gold because bitcoin has increased in recent times while gold from antiquity remains stable, all depending on the policy for its users to be wise in judging and choosing.
full member
Activity: 238
Merit: 100
December 10, 2017, 11:45:52 AM
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.
legendary
Activity: 1008
Merit: 1000
December 10, 2017, 11:34:36 AM
When it comes to profitability maybe yes, bitcoin defeated gold but we should not compare it because those two are completely different. "What if" there will be a time where bitcoin or even fiat might lose its value though it looks impossible but when that time comes, gold will probably take over the currency's place.
Gold investment is an ancient history now. We all need to alter our actions in the face of changing circumstances. This is the way of surviving in this world. Bitcoin is the new trend of investors. It is going to be the future of money and convert our society into a cashless society. It has surpassed gold and all other Investments in every possible mean. Anyone who wants to increase his capital in short time must go for Bitcoin
Although I don't negate the growth of Bitcoin defeated the value of Gold and other assets, but I never have thinking as "Bitcoin defeated paper money" (it doesn't mean credit card). Paper money is the best tool to help us create transaction and make deal without internet. It's very useful and easiliest for using in the world's economy.
full member
Activity: 297
Merit: 100
December 07, 2017, 05:48:21 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.
This is not the right comparison.. the Gold is the real thing, bitcoin can't win! Bitcoin cannot be melted into jewelry. BTC is the gold in the world of cryptocurrency.
Gold has ruled on the top of profitable investments but now a lot has changed because bitcoin has taken its place all this is just because of people decisions and they find bitcoin more profitable than any other investment and this is the fact that bitcoin is the best investment at this time because gold investment has no charm at all now prices of gold are stable now and all this reasons were not acceptable to the people.
full member
Activity: 196
Merit: 102
December 06, 2017, 08:03:33 AM
Nothing can stop Bitcoin right now as it grows everyday. Those that sold their Bitcoin and lose hope, and those people who didn't believe in Bitcoin, they have much regret because they let the opportunity to pass unto them. Bitcoin is truly worth more than ounces of Gold.
full member
Activity: 434
Merit: 100
December 06, 2017, 07:56:17 AM
That's true, Bitcoin has beaten gold for better than gold but can Bitcoin become a stable gold?

Bitcoin is always greater than a Gold.The price of bitcoin is equal to certain times of gold.So bitcoin is already greater than gold.Now bitcoin is good to inverse your money than gold.

Yeah that's right because people out there is more interested in bitcoins rather than gold, Most of us can do really earn bitcoins by working on bounty campaigns while gold is very hard to obtain using fiat.
full member
Activity: 219
Merit: 101
December 06, 2017, 07:52:54 AM
When it comes to profitability maybe yes, bitcoin defeated gold but we should not compare it because those two are completely different. "What if" there will be a time where bitcoin or even fiat might lose its value though it looks impossible but when that time comes, gold will probably take over the currency's place.
Gold investment is an ancient history now. We all need to alter our actions in the face of changing circumstances. This is the way of surviving in this world. Bitcoin is the new trend of investors. It is going to be the future of money and convert our society into a cashless society. It has surpassed gold and all other Investments in every possible mean. Anyone who wants to increase his capital in short time must go for Bitcoin
hero member
Activity: 1022
Merit: 538
December 06, 2017, 02:51:19 AM
Im no expert in bitcoin but I dont think thats True. Bitcoin is one thing gold another one
Bitcoin is good in aspects gold has lost its value because of bitcoin because people are taking out their money from gold and investing into bitcoin for longer terms and same is the case with all other investments like stocks and real estate they also lost their importance bitcoin has gain high popularity in the investors community and it gives on longer terms as well as in short term invest what else people want.
sr. member
Activity: 574
Merit: 251
December 06, 2017, 02:12:45 AM
If you are comparing by price/value then yes bitcoin has defeated not only gold but all currencies. Today Gold rate is $1267 per ounce and Bitcoin is @ $12370. Bitcoin is a decentralied currency as a result is is quiet volatile in nature. Though its mrp is quiet high as compaired to gold, it's still a young currency. Gold is here since hundreds of years. Gold is not only used as a currency but also used to make medicines and also in dental surgery. Gold as a metal have high industrial use. World is always crazy for gold ornaments. Indian housewives hold nearly 11% of the world`s gold. Economies of many countries runs on gold standards. Bitcoin can beat gold by price but not by its value.
member
Activity: 336
Merit: 20
December 06, 2017, 01:23:39 AM
It was expected by most of us and I feel that the value of bitcoins will go on rising .
hero member
Activity: 2646
Merit: 582
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December 06, 2017, 01:09:03 AM
When it comes to profitability maybe yes, bitcoin defeated gold but we should not compare it because those two are completely different. "What if" there will be a time where bitcoin or even fiat might lose its value though it looks impossible but when that time comes, gold will probably take over the currency's place.
There is nothing wrong in investing into both that is gold and bitcoin but when you limited income and are looking for some really evergreen and profitable investment, then there is no other better choice then bitcoin. Bitcoin is the only investment at present which has made people rich in short time and that too with small investments. Gold is now becoming some old fashion of saving your money. People are leaving gold for bitcoin.
full member
Activity: 382
Merit: 109
December 05, 2017, 12:12:00 PM
That's true, Bitcoin has beaten gold for better than gold but can Bitcoin become a stable gold?

Bitcoin is always greater than a Gold.The price of bitcoin is equal to certain times of gold.So bitcoin is already greater than gold.Now bitcoin is good to inverse your money than gold.
newbie
Activity: 5
Merit: 0
December 05, 2017, 11:40:31 AM
That's true, Bitcoin has beaten gold for better than gold but can Bitcoin become a stable gold?
Yes it’s true that bitcoin defeat gold because gold is different thing and bitcoin is different thing when you buy gold and then keep it on hold for long or short time so it will never give you a profit because when you want to sell bitcoin so then there will be a deduction in gold and bitcoin is different than gold you can take profit when you want to sell and as far as I know bitcoin never give lose to some that’s why everyone support and love bitcoin.
sr. member
Activity: 612
Merit: 250
December 05, 2017, 10:40:29 AM
If we talking in the price yes bitcoin defeated the gold. One bitcoin now in our country is half million that so expensive so i think only people have money can buy it but gold is have also value but not much expensive so regular people can invest in gold also.
Gold is no doubt very good way of investing money but the fact is number of investors who are willing to invest in gold is decreasing with each passing day. It is bitcoin which has grabbed the attention of number of investors who were previously investing in gold or any other business. The increasing market price of bitcoin and that too in such a short span of time is helping bitcoin to earn more reputation and that is why bitcoin has defeated gold.
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