Bitcoin has defeated gold - page 2. | Bitcointalksearch.org

dekafee79

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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, two different thing. Gold is very stable price, bitcoin is acrpto currency which we can use only for shopping and for trading purposes

boksoon

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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.

Absolutely yes, because the price of gold will still remain the market price and not all people can afford to buy gold because it is still expensive but BITCOIN sometimes affordable with poor people because like what the situation now is so good to buy bitcoin in a lower price and have the potential to grow from the small capital that's the big difference between the Bitcoin and Gold. dual purpose sometimes available for poor people when the price is too much lower and the rich people also.

Trivelius

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Quote from: BertoloyBTC on April 16, 2018, 03:05:25 PM

The gold and bitcoin if compared has its own world, the gold is in the actual world can be seen and touch ,the value of gold will last forever until this world end, the value of bitcoin is only in digital market it will go high ,down and it may vanished, I do not think bitcoin in my opinion will defeat gold.

I do not think that there is any comparison between bitcoin and gold, these are two different things and having different values therefore i do not think that we can compare the two. bitcoin is a crpto currency which we can use only for shopping and for trading purposes, it is also a good choice for saving, but i think that gold is more better option for saving your money, because gold has very stable price and we are not expecting any big change in gold price in a short time.

ScottJake

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It really keeps pace with gold (which is an asset that has been around for years in the world of investment and the economy), we hope it continues like this and that BTC finally becomes a currency accepted as a legal order.

BertoloyBTC

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The gold and bitcoin if compared has its own world, the gold is in the actual world can be seen and touch ,the value of gold will last forever until this world end, the value of bitcoin is only in digital market it will go high ,down and it may vanished, I do not think bitcoin in my opinion will defeat gold.

Jaky

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Quote from: botany on March 02, 2017, 11:18:21 AM

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.

Just compare the total value of all gold in circulation and the total value of all bitcoins in circulation.
You will have your answer.

Oh.. That grate to know that bitcoin is leveling up as much as gold but gold are unreplacesable due to it natural resourse.. I just hope it keep its vakue even more higher..

shadyrifles

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The main advantage of Gold is over Bitcoin are trust and reliability, gold has something is not important than Bitcoin some people show the willingness to store the decent value of is the asset in this case Bitcoin has disadvantages. Bitcoin has still a very long way to go and probably its marketcap will reach higher than gold.

AntonGrishko

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If you look at the market situation now bitcoin has beaten gold. But, 5 years back that is superior gold. This is because bitcoin stock at any time is reduced, some already owned by investors.

HELLOFF

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Quote from: Chrisjay29 on April 16, 2018, 01:30:43 PM

I think why gold defeat by bitcoin. Its because of his unstable price and his awesome price Shocked

. We know that gold his price quetly slow but it will not decrease not like bitcoin. And gold didnt you give a chances to buy not like bitcoin it give you a oppurtinity

better read the media and circle the news that says that China is forcing its people to buy gold and silver. I do it in order to be ready, when the crypto currency will collapse. You only Imagine a martial law on the whole planet, and think that then it will be appreciated most.

Chrisjay29

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I think why gold defeat by bitcoin. Its because of his unstable price and his awesome price Shocked

. We know that gold his price quetly slow but it will not decrease not like bitcoin. And gold didnt you give a chances to buy not like bitcoin it give you a oppurtinity

websoftwareengineer

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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.

Bitcoin will always defeat gold because the price today is keep on growing and if cryptocurrency will be fully accepted to other countries as well then there is a huge chance of bitcoins to be used as the currency nation wide.

Snaic

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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.

Even with the fact that bitcoin is not worth 1260 dollars, and about 7800 dollars, vseravno I think that bitcoin has not won and will not win gold. First, gold is measured in ounces, and bitcoin in satos. Why then do not compare the cost of an ounce of gold to the cost of satosh? With this approach, the result will be the opposite. Secondly, bitcoin and gold are values that can not be compared with each other. Each of them has its own functions and tasks. Gold existed long before the appearance of bitcoin and will exist for a very long time, perhaps bitcoin will survive for a long time.

hahay

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Yes bitcoin has defeated gold but both have their own markets and supporters, so investing in both will be very good in my opinion, as both are very valuable assets in the future that will have a steadily increasing price.

DRVX

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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.

This is just Bitcoin popularity. Bitcoin is still like an interesting experiment. As for me it is much more reasonable to invest in gold or real economy. But if you like risk then try to put money in cryptocurrencies.

fuding12

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Bitcoin has characteristics like gold. Bitcoin is a more sophisticated functional form than gold. Moreover Investment in Bitcoin You have a guarantee that your savings will not be lost due to devaluation. Therefore, it can be said that bitcoin has beaten gold, bitcoin better than gold.

GoodLuck2

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Quote from: anzhanbei1214068 on April 04, 2018, 02:25:54 AM

With the development of the information age, bitcoin has become more mainstream, as more companies now accept it as a form of payment. Bitcoin has a unique way of getting people to realize that bitcoin is more collectible than gold.

Bitcoin has defeated gold long time ago. The market value of gold is very much stable in nature while on the other hand the market value of bitcoin is highly volatile in nature and it keeps on rising most of the time. Moreover, most of the investors who were previously investing their money into gold are now investing their money into bitcoin and are making more money than their previous investment.

pluMmet

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If said bitcoin beat gold according to the I don’t, because although bitcoin beat the US in price but to the market in the community in my opinion gold remains to be the most in search of bitcoin, why? “For bitcoin despite having a higher risk of gold but the looms over bitcoin also very high we don’t know what will happen when we bought bitcoin could suddenly plummeted very low and it was no longer in interested in a society that we finally will lose, different with gold has value stable since the even been since hundreds of years ago gold be investment in interested in because it does not have the risk of like bitcoin and most importantly until whenever gold will never on the left behind by the public”.
Then I think bitcoin won’t be able to defeat the gold

Breackup

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Quote from: ooeygooeygold on April 09, 2018, 05:01:56 PM

I think bitcoin has not really defeated gold since the gold market was larger than crypto-currency market right now and the users of gold is more than the user of crypto-currency. Bitcoin just passed gold in terms of price but it didn't defeat it yet and I guess it will never be since bitcoin is seen as an investment opportunity by many, not as a currency that can be used to pay online for services.

I agree with you .I think Bitcoin will not be able to defeat gold soon. Because the current value of gold is better than the crypto market. Bitcoin and gold are to be considered separately. Although Bitcoin may be higher than gold, but it is not reasonable to say that when Bitcoin's price decreases. Now the number of Bitcoin users is increasing as the price of Bitcoin is continuously decreasing. In some countries bitcoin banning has negatively affected Bitcoin on it. But because bitcoin is unstable, its value will increase. I hope Bitcoin's price will be back to normal.

cotton ball

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Quote from: Bobocantik on April 13, 2018, 07:37:54 PM

In which sense you are asking that bitcoin has defeated gold.
If you are asking about price then yes price of BTC is more high then gold.
But if you are asking about market then gold have very high value in market as there are huge number of customers of gold through out the whole world while bitcoin have very less in number as compare to gold.

gold has a much larger market volume than bitcoin, but its effectiveness only as a commodity asset and a country's currency guarantor, is very different when compared to bitcoins that can directly plunge as both, this level of complexity that shows gold lagging far with bitcoin, but bitcoin is still the stage of seeking regulation and can be zero if the world agrees to ban it, BTC is still in a fintech simulation that has not been legally appreciated around the world.

Bobocantik

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In which sense you are asking that bitcoin has defeated gold.
If you are asking about price then yes price of BTC is more high then gold.
But if you are asking about market then gold have very high value in market as there are huge number of customers of gold through out the whole world while bitcoin have very less in number as compare to gold.

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