Bitcoin has defeated gold - page 22.

badungs

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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 dont think so.
but you are right because bitcoin price can defeat gold. just price.
you ever hear about people ask about "can gold disappear from this world?" no man. every object have their advantages and disadvantages. and we just see and use the advantages of it

Apes

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Quote from: yellow1 on March 02, 2017, 01:50:54 PM

I don't know why some people thinks this is nothing in bitcoin perspective. Bitcoin already surpassed Gold price per oz. which means this is another milestone in the young history of bitcoin. So if you can't appreciate it and you call yourself bitcoin enthusiast then I don't know what will make you jump for joy.

bitcoin surprises are incredible lately and the price is rivaling the price of gold but it is impossible to beat it, because it is a state asset that will never run out of antiquity while bitcoin is only a few years in the world and make everyone surprise because of its value which is very high .. but we will not know in the future what bitcoin will be immortal like gold or not and it can not be predicted but it's hope everyone who use it, because bitcoin is very helpful to finance those who use it.

nagatraju

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gold will always remain the most expensive and reliable metal, bitcoin is still the best cryptocurrency...it's better not to compare them, but to take advantage of them

alani123

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Gold will be one of the assets with the greatest market capitalization throughout history, sadly. The quantity it has is so enormously large so it'd be hard to claim that bitcoin has defeated it by any reasonable capacity. Bitcoin sure does better in other means like transactions per day or daily transaction value but not by total size.

ramsdaj28

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اللعنة

Quote from: eance on October 12, 2017, 10:42:01 AM

I would like to know how BTC and Gold are compared. Checking only the price seems too simple.

When he said BTC defeated gold, he's referring to the values of these two. In terms of value, bitcoin have really left gold behind. The usability and volatility of BTC is what makes it more preferrable than gold. Bitcoin is a ready-to-use asset especially in buying goods and paying bills. On the other hand, gold is often used in jewelries and local currency coins, and can't be access immediately unless you own a big gold mining company.

reliable

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Quote from: dboy3225 on December 02, 2017, 09:02:18 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.

yeah,obviously Bitcoin has defeated the gold. But when you asked this thread then bitcoin was $1260 and now you could see bitcoin price has been increased more then triple, and now bitcoin is $11,180.60

In short term time we can say it has defeated the gold since the price has risen manifolds in last couple of years itself. On other hand gold has being a very stable and it has not given much gains like Btc . But in terms of existence we know gold was their in past and will exist in future too but Bitcoin would be a concern if government does not support it .

China8888

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Gold isnt dead... its still a top notch investment. Plus most of the stocks of it have been discovered and mined already. Not like a crap coin which can just be produced at anytime

fuer44

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bitcoin currently completely defeats gold. bitcoin achieved the highest value in the history of the crypto world.

powermagic

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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 bitcoin has beaten gold for now and even many people are investing their money to be more and more by bitcoin.

conected

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Quote from: mornabo on December 02, 2017, 09:06:01 AM

Quote from: Xester on December 02, 2017, 08:43:31 AM

Quote from: Anonaneadone on December 02, 2017, 08:20:43 AM

i agree that bitcoin is totally defeated gold but if you choose which is better to make investment. gold is totally sure in the times of long investment or any kind of investment but bitcoin has too much risk but definitely can get you rich quickly

There is no doubt about it. Gold has been a good investment way way back then. But as to the performance and price, bitcoin surpasses gold miles away. If I have a money, I will choose both as my investment. Sure thing to have a good profit.

I do not underestimate gold as a lucrative investment, but I think bitcoin is several times more profitable than gold, we have to be honest here that bitcoin has enormous potential in the future, and even in the near future bitcoin gives you a huge profit,,

- Of course, if we talk about profit, potential and value, bitcoin is really a better choice than gold, the clear proof is that in recent years, bitcoin has become a hot investment and it is a phenomenon, the value of bitcoin in the beginning is still lower than the price of gold but gradually it is equal to gold and eventually it beats gold. Gold has been the past, many people still choose because they do not know bitcoin and they feel invested in gold is safe but in the future, when bitcoin becomes more popular, people will abandon gold and focus on bitcoin, bitcoin will beat gold in a radical way.

Bitcoinjheta

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Quote from: SageJin on December 02, 2017, 09:10:14 AM

Well i believe in bitcoin but think that it still as a lot of work and effort to put in so as to "defeat" gold because gold is more stable and has a better experience of the undulating market.
Lets just give it time to prove its true worth.

Bitcoin may have surpassed over the value of gold but these are two different assets. Bitcoin is unique in terms of cryptocurrency and is a very good to own such one cause it will really make uou rich if managed well. Gold on the other hand is more stable and is widely accepted wherever you are in the world.

SageJin

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Well i believe in bitcoin but think that it still as a lot of work and effort to put in so as to "defeat" gold because gold is more stable and has a better experience of the undulating market.
Lets just give it time to prove its true worth.

mornabo

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Quote from: Xester on December 02, 2017, 08:43:31 AM

Quote from: Anonaneadone on December 02, 2017, 08:20:43 AM

i agree that bitcoin is totally defeated gold but if you choose which is better to make investment. gold is totally sure in the times of long investment or any kind of investment but bitcoin has too much risk but definitely can get you rich quickly

There is no doubt about it. Gold has been a good investment way way back then. But as to the performance and price, bitcoin surpasses gold miles away. If I have a money, I will choose both as my investment. Sure thing to have a good profit.

I do not underestimate gold as a lucrative investment, but I think bitcoin is several times more profitable than gold, we have to be honest here that bitcoin has enormous potential in the future, and even in the near future bitcoin gives you a huge profit,,

dboy3225

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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.

yeah,obviously Bitcoin has defeated the gold. But when you asked this thread then bitcoin was $1260 and now you could see bitcoin price has been increased more then triple, and now bitcoin is $11,180.60

dharnamonitor

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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.

Xester

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Quote from: Anonaneadone on December 02, 2017, 08:20:43 AM

i agree that bitcoin is totally defeated gold but if you choose which is better to make investment. gold is totally sure in the times of long investment or any kind of investment but bitcoin has too much risk but definitely can get you rich quickly

There is no doubt about it. Gold has been a good investment way way back then. But as to the performance and price, bitcoin surpasses gold miles away. If I have a money, I will choose both as my investment. Sure thing to have a good profit.

Criptomen@30

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Im no expert in bitcoin but I dont think thats True. Bitcoin is one thing gold another one

Anonaneadone

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i agree that bitcoin is totally defeated gold but if you choose which is better to make investment. gold is totally sure in the times of long investment or any kind of investment but bitcoin has too much risk but definitely can get you rich quickly

X7

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Let he who is without sin cast the first stone

Let's not be so quick to shit on a medium of exchange which has worked for millennia, that kind of attitude gets you kicked in the balls.

Chachacoin17

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Quote from: palensya on December 02, 2017, 08:01:58 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.

For me we should not compare bitcoin and gold because the two are very different. Bitcoi is a digital currency that has a very huge value that gold cannot even reach. Gold can be physically hold on by our hands and its value doesnt even affect the price of bitcoin. So though the two has different value they are incomparable to each other.

Yes i agree on that bitcoin is really different from gold but the two are both precoius now a days if we talk about value both are almost the same they have the same big value the difference is that bitcoin is unstable and gold is stable that was maybe tbe factor that make bitcoin more popular each day and slowly defeating gold.

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