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Topic: Bitcoin has defeated gold - page 4. (Read 28633 times)

jr. member
Activity: 166
Merit: 1
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.
full member
Activity: 392
Merit: 103
April 03, 2018, 09:41:33 PM
im not surprising that bitcoin will defeat gold. because its pretty obvious on me that bitcoin will win. because of his unstable price while gold is a stable price although gold is increasing but its too small amount. not like bitcoin huge increase when its pump
full member
Activity: 1246
Merit: 102
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April 03, 2018, 09:37:32 PM
price of BTC is more high then gold. 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.
current price of btc below gold, due to its high fluctuations. indeed everyone believe in gold for investment. but when everyone believes in bitcoin, i think btc price is far above gold
legendary
Activity: 2828
Merit: 4370
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March 30, 2018, 06:11:07 PM
BTC has been a long-time conqueror of gold.   It has more uses, it's techy, and to be honest it's pretty cool to be able to say that you own some.
Especially, since many new people are entering the crypto space every day.
member
Activity: 400
Merit: 59
March 30, 2018, 05:56:49 PM
There is no way for bitcoin to defeat gold unless being backed. We know that bitcoin has a price well in fact it reached for about $20000 per coin but it does not mean it already defeated gold. There is so much to have for bitcoin to compared on gold and the irony here is how you could say that bitcoin defeated gold when it has no measurement ? 1 bitcoin = 1 gram Gold or 1kg Gold and so on.... its funny
sr. member
Activity: 1050
Merit: 277
March 30, 2018, 05:16:42 PM
we shouldnt forget that more than 90% of the people in the world do not even know what bitcoin is however they are aware of gold for sure. So gold is something very special and old style. Bitcoin is a new born child and needs time to become a real investment instrument.
full member
Activity: 994
Merit: 101
March 29, 2018, 01:15:29 PM
I think this is not true, gold and bitcoin are different things so it is not possible to replace gold with bitcoin, it can be seen that almost everyone knows gold while few know about bitcoin.
hero member
Activity: 700
Merit: 553
March 29, 2018, 04:18:43 AM
may be 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
hero member
Activity: 1526
Merit: 501
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March 18, 2018, 09:09:26 AM
Yes bitcoin has yielded profits and returns which gold hasn't yielded in a long time but I do not believe bitcoin has defeated gold. Gold is a physical asset which will remain even when internet and electricity goes out if an event of apocalyptic proportions were to happen, while bitcoin is a digital asset which is gone if the internet access is lost. They are both good assets by their own rights so people should invest on whatever they choose.
More accurately, in the matter of profit, bitcoin has really beat gold when what it gives investors is a huge profit figure, and this only happens in a very short time while gold has had a very long time but it still can not be reached. However, it is a matter of profitability, in other matters, Bitcoin is hard to beat gold, especially the safety and stability, Bitcoin does not own these things, and even Bitcoin does not have the support from the government, it makes the strong growth in the future will have limitations, and can not beat the gold in a comprehensive way
hero member
Activity: 700
Merit: 500
March 18, 2018, 08:14:00 AM
Yes bitcoin has yielded profits and returns which gold hasn't yielded in a long time but I do not believe bitcoin has defeated gold. Gold is a physical asset which will remain even when internet and electricity goes out if an event of apocalyptic proportions were to happen, while bitcoin is a digital asset which is gone if the internet access is lost. They are both good assets by their own rights so people should invest on whatever they choose.
member
Activity: 263
Merit: 10
March 18, 2018, 08:01:14 AM
Like you varied people have purchased bitcoin with the expectation that someday it'll defeat all of the organizations on the earth in lightweight of the quickly developing price. what is a lot of, the holders square measure tensely sitting tight for that point with the goal that can|they're going to|they'll} win more and more money once the value will go significantly higher figure. aside from gold market prices square measure moderate and also the speculators rest for quite an whereas to require their offers within the profit.
member
Activity: 336
Merit: 10
March 18, 2018, 12:49:13 AM
The comparison of defeat will be limping. Gold has long existed and is essential for beauty and luxury. In addition, the value of gold fluctuations is still adjusted by demand or subsidies from economic and commercial organizations in accordance with the rules of each country's government. The bitcoin value is a boundless and time-bound mutation. It can break everything and showcase the power of technology with overhead.
newbie
Activity: 210
Merit: 0
March 18, 2018, 12:45:15 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.

Yes I agree with you. But it’s hard to say, as past performance isn’t a guarantee for future performance, as the old adage goes in Wall Street. Besides, Bitcoin has been around for a short period of time.Of course gold has its own advantages, too. It can be used to make jewelry, and in manufacturing of certain products.

Meanwhile, Bitcoin has disadvantages. Blockchain, the technology that created Bitcoin, can be used to create other cryptocurrencies that might compete against Bitcoin. In fact, it has already done so, creating Etherium, Litecoin, and Ripple, to mention but a few. We don't know in the next month. Gold price is getting higher too.
legendary
Activity: 3346
Merit: 1352
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March 18, 2018, 12:40:29 AM
Difference between price is not the mark. Gold is better , much more valueble and safe than bitcoin and if we will start analysing bitcoin will lose almost everywhere.

1. You can't say that gold is better. It has given almost zero returns during the last 5 years , while Bitcoin has given close to 1,000x returns.
2. You can't say that gold is more valuable. In terms of market cap, it may be more valuable, but you need to take in to account the other parameters as well.
3. You can't say with 100% guarantee that gold is safer. Gold is a physical asset, which can be stolen or seized.
member
Activity: 294
Merit: 10
March 17, 2018, 11:14:54 PM
There's no opposition amongst bitcoin and gold. Bitcoin's price increment every minute however it will diminish likewise, whereas the gold take a number of times same as altcoins, they increment late. Happy to examine bitcoin beat out gold however its higher to not distinction and it. Bitcoin is crash whenever whereas gold will ne'er be slammed and has been trustworthy by everyone for a awfully long-standing.
sr. member
Activity: 378
Merit: 251
March 15, 2018, 03:41:29 PM
Difference between price is not the mark. Gold is better , much more valueble and safe than bitcoin and if we will start analysing bitcoin will lose almost everywhere.
hero member
Activity: 808
Merit: 502
March 15, 2018, 03:02:34 PM
Bitcoin and gold are not comparable, gold is tangible while bitcoin is digital or virtual asset. Both are worth investing.

100% agreed with that statement.

Bitcoins (for now) only holds on people using and believing in it.

You don't need to believe in gold Wink. (pun intended)
member
Activity: 73
Merit: 12
March 15, 2018, 02:52:28 PM
And now look at the BTC price and gold's, the gold is more stable, and still increases it's price, cuz our satelites just fall in the ocean)
full member
Activity: 336
Merit: 100
March 15, 2018, 02:28:22 PM
Yeah agree on that bitcoin is the one of the strogest currency even gold he can acrossed it.Because gold increasing price just a little bit.but not decreasing.In bitcoin huge increasing that can multiple your profit but its also decrease.But decreasing is not bad..that the time good to buy bitcoin
newbie
Activity: 108
Merit: 0
March 15, 2018, 10:44:03 AM
Bitcoin and gold are not comparable, gold is tangible while bitcoin is digital or virtual asset. Both are worth investing.
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