Bitcoin has defeated gold - page 41.

Cling18

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Quote from: soul-impact on March 02, 2017, 12:13:27 PM

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 price is volatile and it can even exceed gold's price. It multiplied into 5 times in just short time. And I think it will keep growing till the end of the year.

edward9953100

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yes bitcoin defeated a gold because the bitcoin price increase daily Kiss

esatceza

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Quote from: soul-impact on March 02, 2017, 12:13:27 PM

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 a lot more elements than gold, so it's easy to beat bitcoin through gold. When it comes to Bitcoin, people will think about decentralization, account information security, and theft prevention. Besides, we can use it for every transaction around the world with just internet connection. Gold does not do that, it's just stable and it's around the world but it's easy to lose and taxed.

mrayazgul

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Quote from: DevilSlayer on September 09, 2017, 08:19:57 AM

Quote from: soul-impact on March 02, 2017, 12:13:27 PM

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 really defeated gold when talking about the value. The value of the bitcoin today is now very high. Many people are now preferring bitcoin than gold because they know the advantages of having bitcoin.

Political events and other factors are what to pay attention to and nothing else. There was no group of investors that were sitting and waiting for this moment to buy.Its the news and the use which has made bitcoin more valuable than the gold. No one who have thoughts 9 years before, when first bitcoin was made that it could reach such new heights.

PokerFace3

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Quote from: Nathland on September 08, 2017, 12:18:55 PM

I think Bitcoin has defeated gold in terms of rare of growth but it is far from defeating gold in terms of popularity and acceptance.

Gold has been with humans with the times immemorial. Bitcoin is just in its infancy, yet it is attracting majority around the world. Obviously, we need to give it some more time before being accepted by all. Only those people who use internet were able to discover this and most of them are also still unaware of bitcoins.

DevilSlayer

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Quote from: soul-impact on March 02, 2017, 12:13:27 PM

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 really defeated gold when talking about the value. The value of the bitcoin today is now very high. Many people are now preferring bitcoin than gold because they know the advantages of having bitcoin.

uchiha_2

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Quote from: soul-impact on March 02, 2017, 12:13:27 PM

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 prices have increased significantly compared to gold prices. if you see the price of gold changes slightly and not fluctuate. this makes most people switch to invest bitcoin than gold. bitcoin is more prone to changes in price so that the opportunity to gain greater profits. I think the process of bitcoin price increase will continue. and will probably go up. during the bitcoin transaction process and many people are investing in this coin. save the safest way to gain profit from this coin. will never know the price of bitcoin will change so far

Webetcoins

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Quote from: Rojectime on September 07, 2017, 04:31:57 AM

Guiding the existing good wellness of Bitcoin, there is a financial fight raging in China. If Beijing manages to manage transactions much better, Bitcoin could not keep on for a lengthy time to shadow the venerable gold common

You could be right to some extent mate! but if we look at the bitcoin we will be able to see that bitcoin has grown up triple of the gold’s price and still bitcoin is going so high because in just a month bitcoin will cross the 5000 USD. So it is very easy to say now people are using bitcoin investment more than gold and the price of the gold is getting low and it is very risk to keep your gold at home and bitcoin can be kept as secrete as we want.

Eternu

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I do not agree with you, that nothing can stop the bitcoin. There are a lot of things that can harm bitcoin, and if we do not know about them it does not mean they are not there. For now bitcoin have higher price than gold, but gold has been in humans life for so long, and it will continue to be. Bitcoin price is too unstable, there is not one of big holders of money that would go for bitcoin for keep saving. Gold is safer way of keeping money. Until bitcoin can keep price steady, people will prefer gold over bitcoin, for keep saving their money.

deisik

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Quote from: Vishnu.Reang on September 08, 2017, 02:27:12 PM

Quote from: Nathland on September 08, 2017, 12:18:55 PM

I think Bitcoin has defeated gold in terms of rare of growth but it is far from defeating gold in terms of popularity and acceptance.

Rate of growth will always be high, if the base is really small. As of now, Bitcoin is having around 10 million users. And adding another million will result in a 10% increase in the user base. On the other hand, gold is already having 1 billion users. Adding one million would mean an increase of just 0.1%.

This arithmetic is misleading

Though it may in fact be correct in and of itself. Obviously, it is not just about increasing the number of users. For example, Coinbase already has like 10 million accounts and so what? If only a small part of them is actively used, the rest will be pretty inconsequential. The same with the total number of Bitcoin users. It is not the number itself that matters as how active all these users are and which amounts they operate with, which is what ultimately counts (everything counts in large amounts)

No.14

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Quote from: Rojectime on September 07, 2017, 04:31:57 AM

Guiding the existing good wellness of Bitcoin, there is a financial fight raging in China. If Beijing manages to manage transactions much better, Bitcoin could not keep on for a lengthy time to shadow the venerable gold common

I'm still waiting for the official result, it's thrilling to wait for something that is related to your work.

Paycoinzzz

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Quote from: Coffee135 on September 07, 2017, 05:53:18 AM

Quote from: Canday on September 07, 2017, 04:56:00 AM

Its extremely true and has established clearly, seems to be Bitcoin now its price is so extraordinary and very surprising Bitcoin rates up as large as this time. Certainly bitcoin can be said to defeat gold for now of it worth. i hope this is will be surviving.

Bitcoin will not win the gold. They play in different leagues and do not compete with each other. Why do you think that bitcoin is increasing in price? May be the price of bitcoin stands still and loses its price and popularity of the dollar.

But in fact, the price of Bitcoin surpasses the price of gold very much (x3).
Therefore, if I compare the value of bitcoin to gold, I can tell Bitcoin has defeated gold, this is truth and you cannot negate that!

Huonghoang1939

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I don't think Bitcoin defeated gold, about the value of BTC was more than gold, but the BTC are not jewelry.
You can store a lot of BTC which are not taxed, but gold will probably be taxed.
Making gold jewelry, coins BTC is technology, can't say : Bitcoin has defeated gold . That is my personal opinion.

Vishnu.Reang

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Quote from: Nathland on September 08, 2017, 12:18:55 PM

I think Bitcoin has defeated gold in terms of rare of growth but it is far from defeating gold in terms of popularity and acceptance.

Rate of growth will always be high, if the base is really small. As of now, Bitcoin is having around 10 million users. And adding another million will result in a 10% increase in the user base. On the other hand, gold is already having 1 billion users. Adding one million would mean an increase of just 0.1%.

gunhell16

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definitely and have no doubt bout it ...
soon it will be 0.000001 bitcoin per gold

and i know everyone here believe me and we are seeing it now a days .. the chart is the proof

Nathland

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I think Bitcoin has defeated gold in terms of rare of growth but it is far from defeating gold in terms of popularity and acceptance.

virasog

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I do believe that this has happened at one other point in the history, but I could be wrong. Of course, the moment in time when the prices pass each other is really irrelevant and changes nothing. the speed of the value of bitcoin is going to remain constant and is not going to accelerate when it reaches the value of another commodity, so this point in time really means nothing.

PizzaBTC

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Quote from: Gabrieelle on September 06, 2017, 10:33:21 AM

Quote from: soul-impact on March 02, 2017, 12:13:27 PM

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.

Nothin is impossible in this world. As we see bitcoin already beat the gold. Bitcoin is so popular because of its value and it is easy to earn that a gold. That's why many people wants to earn bitcoin rather than gold because in gold it is really hard to earn while in bitcoin you can just earn through online.

Bitcoin is better than gold in many aspects but gold also has its own charms. If I offer you gold today, obviously you won't deny taking it. That means you still value it. However bitcoins surpasses gold in terms of profits and transactions, no doubt.

dynospytan

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Quote from: soul-impact on March 02, 2017, 12:13:27 PM

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 its true especially in terms of value. Bitcoin is more powerful now because of its high value. Aside of its high value it is also easy to earn rather than gold that's why it is more popular now than gold. But I think bitcoin will be more powerful if the whole world allowed bitcoin.

prtty2gal2

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Quote from: thoham on September 05, 2017, 08:37:03 AM

Nothing can stop Bitcoin right now! Not only gold, soon Bitcoin will beat diamond , ruby , ... or other thing else in the world !

Bitcoins have become unstoppable now; they are on their way to be the best asset of the world. Many people are already treating bitcoins as an asset than a currency because of their high values. There is no doubt in this fact that bitcoins have badly defeated gold and is snatching its customers.

Topic: Bitcoin has defeated gold - page 41. (Read 28600 times)