Bitcoin has defeated gold - page 27.

newlone

full member

Activity: 140

Merit: 100

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.

At present, bitcoin has been 3 to 5 times higher than the value of gold, Bitcoin has actually beaten gold and it will continue to develop in the future.

bitcoinbox

sr. member

Activity: 675

Merit: 254

So far so good

How can you compare bitcoin and gold? What is the unit reference? 1 ounce VS 1BTC? Some here are saying the price of btc is now higher than gold, it doesn't make any sense.
They are 2 completely different things.

Loopper

full member

Activity: 616

Merit: 100

For now the bitcoin price has beat the gold price it is true, but will the bitcoin price be stable to always be above the gold?

cheann20

full member

Activity: 344

Merit: 105

I already know that it will happen soon but it got much soon what I expected .
Well here no doubt that it's price will cross now 7500$/BTC as for now. Then I think after 10 years maybe, I think the price will getting bigger than you expect, I think he reach 50000$/BTC

Xember

member

Activity: 110

Merit: 100

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 already defeated gold because bitcoin costs almost $7500 today. It already surpassed gold. Bitcoin is now the best long-term investment. A lot of people were able to change their life because of bitcoin. People earned a lot of income just by holding and investing bitcoin. Bitcoin price will continue to increase because more and more people are investing bitcoin as days pass by.

Active0303

member

Activity: 84

Merit: 10

Now bitcoin defeated gold the price of bitcoin now is more than gold and we can see how much the value now of gold. If i were you do invest more in bitcoin to get more income.Recently bitcoin price is high(1 Btc=7423$ up)

ymirymir

full member

Activity: 462

Merit: 100

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 really think that it already did, bitcoin price is now at $6,000 and it will grow more because more and more people are getting interested on bitcoin and it will keep growing because people are investing in bitcoin.

stompix

legendary

Activity: 2912

Merit: 6403

Blackjack.fun

Quote from: djgtr on October 30, 2017, 08:35:15 PM

well i think bitcoin has already defeat gold in terms of investment because tge price of the gold is really not the same as tbe price of the bitcoin bevause bitcoin price is verry volatile and it is really a profitable if we invest on bitcoin because its price is really amazing it can change anytime anywhere unlike gold,gold price are not volatile it count a lot of year to rise and it count many years to fall.i believe that in terms of gaining profit through investment bitcoin is the best.

What do you mean by btc has defeated gold because the price is higher?
What price?
Is one btc worth more than a ton of gold? Or a kilo? Or a lingot Or a bar?
People compare and artificial number , the ox , while there are 600 million Europeans who have no clue what an oz is since we use the metric system.

Comparing a currency to a commodity is beyond stupid.
Has oil defeated the dollar? Or apple the euro?

Quote from: 0x6A on November 05, 2017, 10:23:35 AM

Gold has stopped determining the Economic status of a country for a very long time now.

This.
Gold is so irrelevant nowadays comparing to the size of the global economy.
The entire value is slightly above 2 trillions. Almost 20 times lower than the western world annual gdp.

Quote from: Gotottack on November 05, 2017, 11:30:07 AM

I think so too because Bitcoins is READILY converted to cash unlike that of gold that cannot be converted to cash in an instant without having to sell the same to get its equivalent value in fiat.g.

You make absolutely no sense.
Can you sell bitcoins without having to sell some?

Gotottack

hero member

Activity: 882

Merit: 506

I think so too because Bitcoins is READILY converted to cash unlike that of gold that cannot be converted to cash in an instant without having to sell the same to get its equivalent value in fiat. In Bitcoins, it is fiat for itself because it plays as a currency, just that it is a digital currency; hence, its value can be converted at any time.

We have to have the ability to compare and contrast both to determine which among the two is King as of writing.

BitcoinMarketer39

full member

Activity: 392

Merit: 100

ADABsSsSsSsSSSsS

Quote from: djgtr on October 30, 2017, 08:35:15 PM

Quote from: ?? on ??

for the moment I agree bit coin has beat gold, but to the infestation of the long term I still prefer gold.

well i think bitcoin has already defeat gold in terms of investment because tge price of the gold is really not the same as tbe price of the bitcoin bevause bitcoin price is verry volatile and it is really a profitable if we invest on bitcoin because its price is really amazing it can change anytime anywhere unlike gold,gold price are not volatile it count a lot of year to rise and it count many years to fall.i believe that in terms of gaining profit through investment bitcoin is the best.

In the future it was clear that bitcoins can really surpass gold's value because there are a lot of miners all over the world that continue's to mine and hold their coins. Bitcoins is the mainstream today because of its value.

0x6A

full member

Activity: 184

Merit: 100

Quote from: blckhawk on November 04, 2017, 08:34:37 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.

It is true indeed that it is worth to spend your time and effort in bitcoin because it will give you a high income. It is true that bitcoin is powerful however, I don't think that bitcoin can beat gold because still gold is the way of determining the economic status of one's country. Both of them has their own advantages and disadvantage so it is not right to compare those two. Anyway just like you have said nothing can stop bitcoin, it has a long way to run so we must trust upon in and we will gain a high profit.

Gold has stopped determining the Economic status of a country for a very long time now.

cinchin

sr. member

Activity: 308

Merit: 250

Quote from: Savemore on November 04, 2017, 04:01:06 AM

Quote from: aeternus on November 03, 2017, 04:05:29 PM

Quote from: usorin on October 25, 2017, 02:21:21 PM

This are good news, the situation is strange. I wonder what would think those man who died in the gold fever, i'm sure that they have some regrets. I hope the price will keep go upside.

Holding gold is not that bad, you are holding something that is going to keep his value for a very long time and also the price of gold has a tendency to correct itself every time there is an economic crisis, I think bitcoin has the capacity to do the same but we are not going to know if that is correct until it happens.

The debate between bitcoin and gold is still not finished. There are people who says bitcoin is more better than gold, and there are also people who says gold is more better than bitcoin. For me, both of them are really profitable. I invest my money in bitcoin and gold.

- Both are profitable but now the value and profit of bitcoin have beaten gold, gold has been the past, many people invest in gold just because it is a safe and profitable investment in the long run but profitability can be said to be too low.
- I do not think anyone would say gold better unless they do not know and have no clear knowledge of bitcoin, the purpose of the investment is profitable, gold can not bring big profits similar to Bitcoin, so we need not compare too much, we also know bitcoin better than gold

blckhawk

sr. member

Activity: 1554

Merit: 334

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.

It is true indeed that it is worth to spend your time and effort in bitcoin because it will give you a high income. It is true that bitcoin is powerful however, I don't think that bitcoin can beat gold because still gold is the way of determining the economic status of one's country. Both of them has their own advantages and disadvantage so it is not right to compare those two. Anyway just like you have said nothing can stop bitcoin, it has a long way to run so we must trust upon in and we will gain a high profit.

Mukulislam

full member

Activity: 168

Merit: 100

Yeah, Bitcoin has defeated the gold.The bitcoin today is now very powerful and it seems that the bitcoin is continuing to gain more power. The continuing rising up of the price of the bitcoin is the proof that the bitcoin is more strong than the gold.

georgiyfo

newbie

Activity: 49

Merit: 0

I not fond of comparing the value of gold from bitcoin. Of training course they have the very same similarities like keep of worth, but I don't consider that cost is one particular of the ideal tool to evaluate them equally. Gold has been with us for hundreds of many years and been employed as hedge by a lot of nations during generations. There are no wars that doesn't concerned gold as hedge or payments for other nations around the world in trade of supplies utilized in war or even foods. While bitcoin is nevertheless young and its a digital forex, and not even recognized by a good deal of nations around the world yet. So we will not know how it could be useful during economic collapse or war which gold had presently verified via time. It truly is very good to see the price of bitcoin is earlier mentioned gold now, but we do not want to evaluate them. IMHO.

3la9l_kolbaCa

sr. member

Activity: 952

Merit: 250

Enterapp Pre-Sale Live - bit.ly/3UrMCWI

like ive said in my many post there are so many investors in this kind of cryptocurrency and a very very long time ago the bitcoin currency defeated gold, the price now of the bitcoin is like it can buy a ferrari car in just a few months, while gold is just a manipulated material by the government.

bambazamba

sr. member

Activity: 348

Merit: 250

In terms of value, you can say yes Bitcoin has defeated gold. But overall if we see on the wide perspective Gold still rules the market and there are probably many reasons for it like, Gold is illegal in every country and is widely in circulation for a long time, also gold is widely accepted by people as compared to Bitcoin, gold can be used at offline stores but transactions are traceable whereas in Bitcoin it becomes untraceable. If Bitcoin becomes more popular it may defeat Gold in every perspective.

_Dawid_

full member

Activity: 196

Merit: 100

It has happened much faster than we all have expected. The price is also so expensive and is growing fast mainly because current trend on bitcoin. By the way the total amount of available gold is much bigger then btc so to have the real view on that situtation you should previously make a little mathematic equation. Instead of that the price in unbelieveable.

Savemore

sr. member

Activity: 952

Merit: 274

Quote from: aeternus on November 03, 2017, 04:05:29 PM

Quote from: usorin on October 25, 2017, 02:21:21 PM

This are good news, the situation is strange. I wonder what would think those man who died in the gold fever, i'm sure that they have some regrets. I hope the price will keep go upside.

Holding gold is not that bad, you are holding something that is going to keep his value for a very long time and also the price of gold has a tendency to correct itself every time there is an economic crisis, I think bitcoin has the capacity to do the same but we are not going to know if that is correct until it happens.

The debate between bitcoin and gold is still not finished. There are people who says bitcoin is more better than gold, and there are also people who says gold is more better than bitcoin. For me, both of them are really profitable. I invest my money in bitcoin and gold.

theotherguy1

newbie

Activity: 18

Merit: 0

Quote from: bitofc on November 03, 2017, 07:23:33 PM

Blockchain technology can work together very well with gold investments.

https://bitcoinmagazine.com/articles/gold-blockchain-how-two-blockchain-startups-are-digitizing-gold-investments/

Quote

To provide easier access to gold and at a lower cost, several fintech startups are leveraging blockchain technology to digitize gold to open the gold market up to private investors.

Wow that's pretty neat!

Topic: Bitcoin has defeated gold - page 27. (Read 28623 times)