Bitcoin has defeated gold - page 28.

mx667

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Quote from: Wendigo on March 02, 2017, 04:01:28 PM

Hold your horses guys. Gold has been sought after for centuries and has survived the test of time while Bitcoin is the new kid on the block. Bitcoin has potential but it needs to prove its mettle first. Today we are progressing slowly which is great but the future might have other plans for us. Bitcoin is gaining ground that's for sure.

I do not know if Bitcoin really beat gold. Nor do I know whether the gold price will always go up like home prices and Bitcoin prices. If the price of gold still rises every year, I think it does not matter if we keep investing into gold. But for someone like me, I do not want things that are too much trouble. For me, Bitcoin investment is very enough for me and fairly easy and simple.

We just sit in front of the computer while collecting Bitcoin or buy Bitcoin. Then we sell at a high price and we can profit. It can all be done inside the house without having to do any work.

etherflyerofficial

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I dont think Bitcoin has completely defeated Gold. The number of people holding Gold is more than people holding Bitcoin! Even majority of Government are holding gold!

bitofc

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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.

Wong Gendheng

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If we measure from profit, I do not think it's just gold that is defeated bitcoin but all kinds of investments are defeated bitcoin. There is no commodity that can generate profits up to tens of percent in 3 days, but with bitcoin it is easy.

aeternus

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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.

julzcoinbit

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Quote from: warr1979 on November 03, 2017, 02:59:08 PM

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.

Bitcoin has overpass Gold in a short time by its value in the market.
It proved a cryptocurrency also a crypto asset can defeat an asset strongly in the world about the volatility and the value.
However, we still have much time to see the final result, but at current, I can't negate Bitcoin has defeated Gold.

I agree, Bitcoin never defeated by gold because if we notice population of the world theres atleast 10% people know a bitcoin but gold will be in 100% known of all. We all known that gold have a strong value in the market but nothing to compare in bitcoin value. But possible that there will be the time that every gold investor will also be into bitcoin. And if you want to get decent profit try to hold both bitcoin and gold for better results.

warr1979

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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.

Bitcoin has overpass Gold in a short time by its value in the market.
It proved a cryptocurrency also a crypto asset can defeat an asset strongly in the world about the volatility and the value.
However, we still have much time to see the final result, but at current, I can't negate Bitcoin has defeated Gold.

cherrymobile

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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 bitcoin is god ! Inagine the bitcoin price now is $6000 ate you kidding? This is a good way and opportunity to earn more money and this bitcoin can change the world so i hope someday bitcoin become legal to all country.

djgtr

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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.

BTCeminjas

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As of now bitcoin win when we compare to gold, because for now bitcoin was a high price value compare to gold. Bitcoin like gold you stored them by long term after price huge increased in the market it is time to sell.

Altero

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Because of amazing trend of bitcoin from its existence, gold is overpowerd by bitcoin today. Not only by its popularity, but also in price value in the market place. The swift of people's trust and confidence in investment makes this into a big change. Of course, as investors are they preferred for bitcoin because of it's potentiality to earned more that having with gold.

aeternus

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Quote from: wurth on October 24, 2017, 12:52:45 AM

Quote from: Sled on October 23, 2017, 10:55:52 PM

Quote from: CryptoMoar on October 23, 2017, 10:37:29 PM

maybe in term of price, system, technology, gold defeated by bitcoin.
but, gold have other side that not owned by bitcoin. gold is pure treasure, cant decrease and useful.
and i think much people know gold than bitcoin, it mean gold's popularity is more than bitcoin

How can you said that gold defeated bitcoin by being a useful thing? Bitcoin is more useful than gold because if you will use bitcoin then you can transact to the other part of the world which is faster than the other way of transferring money and the potential return in bitcoin is bigger than the gold. So based on my comparisons i thin that gold has no chance compare to bitcoin.

Gold can be used to make jewelry, but Bitcoin is can not. Gold can limits its supply, but Bitcoin also can not do that (can clone more Bitcoin from hard fork, it look like as increase its supply). Do you think it is enough?

Incorrect, the forks only create altcoins not bitcoins so the supply of bitcoin is still 21 million, also the supply of bitcoin is really limited unless the source code is changed, but the supply of gold is not limited we do not know how much gold is still around the globe, there are estimates but that is all.

Fireblade

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Quote from: abramovich on October 25, 2017, 02:23:51 PM

Quote from: Wildwest on October 23, 2017, 11:14:11 PM

Quote from: Sled on October 23, 2017, 10:55:52 PM

Quote from: CryptoMoar on October 23, 2017, 10:37:29 PM

maybe in term of price, system, technology, gold defeated by bitcoin.
but, gold have other side that not owned by bitcoin. gold is pure treasure, cant decrease and useful.
and i think much people know gold than bitcoin, it mean gold's popularity is more than bitcoin

How can you said that gold defeated bitcoin by being a useful thing? Bitcoin is more useful than gold because if you will use bitcoin then you can transact to the other part of the world which is faster than the other way of transferring money and the potential return in bitcoin is bigger than the gold. So based on my comparisons i thin that gold has no chance compare to bitcoin.

I do not know why gold must have that terms to defeat Bitcoin, even they have that terms Bitcoin still unbeatable. I'm very agree with you Bitcoin is useful than gold, this currency can be mined and can be used some things such as payment also transfer bitcoin or money with low fee.

It's true, no one can beat the bitcoin now or in the future, because already so many investors who choose bitcoin for investment because the benefits are bitcoin same as gold is much different.

Yes that is right that bitcoin is the strongest crypto currency in present time, and think that it can only be because of the increasing number of bitcoin users. In fact bitcoin is the best crypto currency in present time, but i think that we do not need to compare bitcoin with gold as both are too much different from each other and there is no relation between them.

logicgate

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Quote from: phpartisanmaster on October 25, 2017, 09:09:03 AM

I think that the comparison is wrong, Because you should compare how easy to earn bitcoins rather than gold. It was a clear answer that bitcoins is a good and long term investment since the value is periodically increasing and it was easier to earn by working on different bounty campaigns.

Bitcoin is best in both terms long term as well as shorter terms as in last week bitcoin is giving 1000$ profit to its investor and if we take in long term it gives a lot of profit and now this time invest into it you will gain high in future and talking about the era of gold has been ended as bitcoin is invented, bitcoin is commonly used now in all over the world but gold was symbol of richness but now bitcoin is.

rausvi15

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Yes off course bitcoin has defeated gold up to some extent because the demand of bitcoin is increasing day by day in the whole world and people have start investing in bitcoin while the demand of gold is decreasing day by day and also the interest of people is decreasing as compare to past.

hacker1001101001

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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 has already defeated gold and is still increasing and becoming better investment than gold. Most of the peopel preffer bitcoin investment than investing in gold as bitcoin is fast increasing currency and has Better return than gold investment.

Doell

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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.

they definitely choose gold because the price of gold is stable and not faster as bitcoin ,their regret looks gold has gone drop some people are already taking the path to bitcoin , gold prices drop Grin

the successful entrepreneurs of the world choose to run from there

abramovich

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Quote from: Wildwest on October 23, 2017, 11:14:11 PM

Quote from: Sled on October 23, 2017, 10:55:52 PM

Quote from: CryptoMoar on October 23, 2017, 10:37:29 PM

maybe in term of price, system, technology, gold defeated by bitcoin.
but, gold have other side that not owned by bitcoin. gold is pure treasure, cant decrease and useful.
and i think much people know gold than bitcoin, it mean gold's popularity is more than bitcoin

How can you said that gold defeated bitcoin by being a useful thing? Bitcoin is more useful than gold because if you will use bitcoin then you can transact to the other part of the world which is faster than the other way of transferring money and the potential return in bitcoin is bigger than the gold. So based on my comparisons i thin that gold has no chance compare to bitcoin.

I do not know why gold must have that terms to defeat Bitcoin, even they have that terms Bitcoin still unbeatable. I'm very agree with you Bitcoin is useful than gold, this currency can be mined and can be used some things such as payment also transfer bitcoin or money with low fee.

It's true, no one can beat the bitcoin now or in the future, because already so many investors who choose bitcoin for investment because the benefits are bitcoin same as gold is much different.

usorin

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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.

TheAndy500

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Quote from: babarian on October 23, 2017, 10:11:26 PM

as that is the reality now, the price of gold is already very much different from the price of bitcoin

do not be like a fool, do something soon, not just admire or be surprised

All this will only grow in favor of bitcoin, and its price will likely rise several times over gold, over the next few years.

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