Bitcoin has defeated gold - page 31.

boyptc

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''Nothing can stop Bitcoin right now'' I agree this and plus can't stop future

Nothing can stop bitcoin, it keeps on growing and growing again and again. But bitcoin hasn't yet defeated gold,people are keep on comparing these two. I will stop comparing them and inside I'll have them both because gold and bitcoin is profitable and no matter what if bitcoin will surpass gold or will be worth more than gold, still gold is gold and this will not change the whole market.

Sled

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Quote from: usekevin on October 20, 2017, 02:45:29 AM

Quote from: RamBahadur.Gurung on October 19, 2017, 11:09:51 AM

Quote from: allthingsluxury on October 19, 2017, 08:50:06 AM

So many people have claimed this before. Highly unlikely. Both have their place in portfolios, to disregard golds history is a big mistake.

I agree with you. And it is completely wrong to say that gold has been defeated by Bitcoin. Even now, the market capitalization of gold is almost 100 times that of Bitcoin. And even the daily trade volumes of gold is much higher than that of Bitcoin. BTC doesn't even have a well defined derivatives market.

I won't accept your point. What are you talking.I think you know the value of 1 gram gold and 1BTC.One BTC =10 grams of gold.So it's not even good to compare to the gold.My opinion is Bitcoin always greater than a gold.And in the profit sense also ,you will get 10 times of profit in Bitcoin as compaare to gold.So how you say,Gold is greater than a BTC.

It is all about the perspective of the person about the things that we usually see in the different types of place like for investment. There is a side that gold is better than bitcoin and that is the stable market which will not make you afraid to invest since the price of gold is stable and it keeps stabilizing for the next years while bitcoin is just volatile and it makes the investors afraid of putting a lot of money because of the volatility but bitcoin is still my choice in investing because of the fast profit.

usekevin

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Quote from: RamBahadur.Gurung on October 19, 2017, 11:09:51 AM

Quote from: allthingsluxury on October 19, 2017, 08:50:06 AM

So many people have claimed this before. Highly unlikely. Both have their place in portfolios, to disregard golds history is a big mistake.

I agree with you. And it is completely wrong to say that gold has been defeated by Bitcoin. Even now, the market capitalization of gold is almost 100 times that of Bitcoin. And even the daily trade volumes of gold is much higher than that of Bitcoin. BTC doesn't even have a well defined derivatives market.

I won't accept your point. What are you talking.I think you know the value of 1 gram gold and 1BTC.One BTC =10 grams of gold.So it's not even good to compare to the gold.My opinion is Bitcoin always greater than a gold.And in the profit sense also ,you will get 10 times of profit in Bitcoin as compaare to gold.So how you say,Gold is greater than a BTC.

jpoker272727

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Quote from: darewaller on September 26, 2017, 12:43:39 AM

Quote from: Cryptojunkiez on September 19, 2017, 03:27:02 AM

bitcoin has defeated gold but the price of bitcoin and the price of gold is unstable so we dont know what we dont know but we know what we know and that is why we need to believe in bitcoin and the rise of it.

You can’t compare the number of people investing in Bitcoin with that of those Investing in Gold. There are lots of people Investing in Gold from around the world. Yes, you can say that bitcoin is best, because you’re investing in it. Who would say their choice isn’t the best? Lol

I can agree with this only because of the price of bitcoin. Otherwise in this date there is no comparison between gold and bitcoin. If we observe the market all over the world just a few hundred thousand people are involved in bitcoin, besides I don’t think that there will be only a single person in this world who does not hold gold of any quantity. Price and output of bitcoin on the hand is good than gold.

RamBahadur.Gurung

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Quote from: allthingsluxury on October 19, 2017, 08:50:06 AM

So many people have claimed this before. Highly unlikely. Both have their place in portfolios, to disregard golds history is a big mistake.

I agree with you. And it is completely wrong to say that gold has been defeated by Bitcoin. Even now, the market capitalization of gold is almost 100 times that of Bitcoin. And even the daily trade volumes of gold is much higher than that of Bitcoin. BTC doesn't even have a well defined derivatives market.

aeternus

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Quote from: nelsledma on October 11, 2017, 12:48:01 AM

Quote from: aeternus on September 26, 2017, 12:15:27 AM

Quote from: allthingsluxury on September 20, 2017, 07:08:06 AM

Bitcoin may be worth more than gold currently, but I believe gold will eventually rise higher as well. Gold has over 10,000 years of history backing it, it isn't going anywhere.

The price of gold is being suppressed by paper gold, at some point in the future when people are no longer fine with accepting paper gold and want the real thing the value of gold is going to skyrocket and when that happens people will wish that they held gold as well, at least we have bitcoin but many people do not have bitcoin or gold.

I don’t agree with this because gold has its own value in the world market. It is a solid shape of money. On the other hand bitcoin is a new digital currency and most of the people still don’t even know the name. It is not so easy for bitcoin to replace gold because of the trust and acceptance of the people all over the world. In the future the same will continue although bitcoin will be the mainstream.

But I never made the argument that bitcoin was going to replace gold, my argument is that the price of gold is not as high as it should be and that those holding gold are waiting for the same as us, for our money of choice to skyrocket, and while I do not hold gold, at least I hold bitcoin and that is going to give me a lot of profits in the future if I keep holding.

xhienigat

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Both bitcoin and gold is a good investment that we should all participate but I don't think its right to compare both because they both have different use in our lives, bitcoin is a technology and its very useful for our daily lives while gold is something we can wear if we want to look fancy.

tylerderden

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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 and gold are both are now are of same value and there is no day left when gold is of less value than bitcoin.
People are getting rich by bitcoin and it's has been under observations that from the day of origin of bitcoin that is from year 2009 it value is increasing rapidly and it has been observed that from than if gold value raises around doubled where as bitcoin is become 40times.
Many big countries and big huge investment banks are investing in bitcoins and making huge Profit.
Bitcoin has become a turnover in the account of economy.
Bitcoin offers a number of opportunities where as gold has not that much growth. Investing in gold is not that profitable as investing in bitcoins is.
Bitcoin in a very short period has crossed every milestone and continue to achieve more. Gold where as left as a standard. Bitcoin is continously growing.

allthingsluxury

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So many people have claimed this before. Highly unlikely. Both have their place in portfolios, to disregard golds history is a big mistake.

Sled

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Bitcoin- in bullish time

Quote from: Astvile on October 18, 2017, 12:03:13 PM

uhmm no, not yet. gold still circulates more than bitcoin. the price of bitcoin now may exceed the gold's. but bitcoin's price is unpredictable, it goes up and down. we still cant say that the bitcoin truly defeated gold if btc can still go down.

Bitcoin's price is just like for temporary while the price of gold is more on like being for permanent because even the price of gold is slow and like very stable, it is not like in bitcoin that it prices is unstable and you can easily lose money. So it is just up to the person if which he will choose, if he will invest in volatile or slow but safe. Overall, it is just up to the person and how he will deal or manage his risks enough to not lose a lot of money.

evgeniyosda

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yeah bitcoin defeated gold, a year ago and now bitcoin has defeated and double the price of gold in it is personal price and keep searching ahead to increase the valueÂ of bitcoin in the foreseeable future

acquafredda

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I know that on the long run we will be all dead but gold may be a better choice as a store of value in the years to come. Right now gold is lagging behind bitcoin. Vaultoro should be happy Wink

Astvile

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uhmm no, not yet. gold still circulates more than bitcoin. the price of bitcoin now may exceed the gold's. but bitcoin's price is unpredictable, it goes up and down. we still cant say that the bitcoin truly defeated gold if btc can still go down.

DIMKAZDS

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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 that Bitcoin has only defeated gold in terms of price and rate of growth. No doubt, you can expect higher returns from Bitcoin in less time but you can't deny the fact that gold is still the most popular investment in the entire world and almost everyone anywhere in this entire world would like to invest in gold. This popularity is what makes gold the most secure and safest investment in the entire world. Bitcoin has to go a kind way if it wants to be as stable as gold.

Pinkris128

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Quote from: BrewMaster on March 02, 2017, 11:42:18 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.

for me, this means nothing.
because as far as i am concerned bitcoin defeated gold the day it was created. and i found out about bitcoin late but from the day i knew about bitcoin until today i have been seeing profit, and the amount of profit bitcoin has given me, gold could never do in all the previous years.

Yes thats true it is also because bitcoin price was not stable so there times that increases high which is far from the price of gold. Bitcoin really gives more profit than gold every time it phmp. And thats also the reason why lot of people now wants to invest here. Because they know that it will help them more and faster than the gold can do. Bitcoin was continue in a progress and i hole it wont stop from this

conected

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Quote from: Emitdama on October 17, 2017, 08:49:03 AM

Quote from: ramsdaj28 on October 15, 2017, 01:22:36 AM

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.

Gold is old now. It prices does not rise up. After several years, it makes progress of few dollars. Other than that, can we really have gold? Where is gold? I think it is in the lockers of Rothschild but bitcoin is now owned by anyone and we all can have as many bitcoin as we want to and can buy actually. Digital currencies are the future of money and bitcoin is at top of them.

- I agree with you, gold is old, it is of the past, the government has controlled the price of gold and made its price stable, that makes the appeal of gold dropped drastically, it does not have too much volatility, and we do not get too much profit from investing in it. And investors have gradually abandoned gold to seek new investment, and Bitcoin is the ideal investment destination, it does not belong to the government, the government can not control, potential and huge profits, attracted a lot of investors. These are the advantages that help bitcoin beat gold

PrinceCaspian

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Bitcoin defeated gold in just price and not for the real value and that is why even the price of bitcoin is too expensive, they didn't still prefer it over gold (for the majority of the people) because they know that bitcoin is volatile and it can easily lose some price but gold has a good foundation that it can stay at the price no matter what happen.

Fesatmas

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We can see that at this time the value difference is very far between Bitcoin and Gold. I think Bitcoin is more popular as a place to invest.

skillink

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Agreed, the price of bitcoin already countered the price of gold. Will bitcoin continue to increase? I think for now bitcoin will continue to increase.

kamilah147

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Quote from: NoNetwork on October 18, 2017, 09:26:40 AM

Quote from: kirilld on October 17, 2017, 08:35:48 PM

As the price of bitcoin is rising working day by working day it will be likely past the gold cost. This is what the foreseeable future of bitcoin will be before long.Â Â

It already happened mate. Bitcoin is already at the peak of the mountain right now, the most expensive kind of investment, and much higher value than gold. Its not the foreseeable future now but, it is the current state of Bitcoin right now.

Maybe its foreseeable future now is that it will continue on rising its value, and eventually it will be accepted in many countries and different privileges will be accounted.

now this bitcoin has reached its peak, to the extent that the gold price is rivaled by bitcoin prices.
hence the more bitcoin is getting sought after by many people or society that lack of finance.

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