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Topic: Bitcoin has defeated gold - page 45. (Read 28600 times)

sr. member
Activity: 994
Merit: 252
August 30, 2017, 04:10:59 PM
It's so amazing that bitcoin was able to defeat gold and it continue to appreciate. I think after 5-10 years maybe the world will no longer use paper money instead we are using cryptocurrency and bitcoin is the major currency

Bitcoins are though famous all over the world but still there are many people who are stick to conventional money and they will never ever let them vanish from the face of earth forever. Bitcoins will be used by all of us in the near future but not as the replacement of paper money. So maybe i think that time will become in future that most of the people focus to cryptocurrency or bitcoin for the purpose of earning more money.
full member
Activity: 210
Merit: 108
August 30, 2017, 02:13:05 AM
It's so amazing that bitcoin was able to defeat gold and it continue to appreciate. I think after 5-10 years maybe the world will no longer use paper money instead we are using cryptocurrency and bitcoin is the major currency
sr. member
Activity: 659
Merit: 250
August 30, 2017, 02:06:08 AM
Already proven to be so, Bitcoin it seems defeating the gold value that continues to moving/leads in an increasing and more superior than gold in general to everyone and can giving good hope for the future. Believing or not not, Bitcoin will be increasingly highlighted by more peoples to push individual finances.
Many investors already put their trust on btc, their trying to develop their projects thru cryptocurrency and funds through btc. It will be a great help to everyone in the future since it doesn't limit who can have it or use it.
Those projects in cryptocurrency will not totally defeat Gold because there are some projects which are made to improve and develop the use of gold not only in physical but also to be use in some matters. Bitcoin and Gold have a good great value in the future.
sr. member
Activity: 503
Merit: 250
August 30, 2017, 01:33:42 AM
Already proven to be so, Bitcoin it seems defeating the gold value that continues to moving/leads in an increasing and more superior than gold in general to everyone and can giving good hope for the future. Believing or not not, Bitcoin will be increasingly highlighted by more peoples to push individual finances.
Many investors already put their trust on btc, their trying to develop their projects thru cryptocurrency and funds through btc. It will be a great help to everyone in the future since it doesn't limit who can have it or use it.
full member
Activity: 546
Merit: 101
★Bitvest.io★ Play Plinko or Invest!
August 30, 2017, 12:47:15 AM
Already proven to be so, Bitcoin it seems defeating the gold value that continues to moving/leads in an increasing and more superior than gold in general to everyone and can giving good hope for the future. Believing or not not, Bitcoin will be increasingly highlighted by more peoples to push individual finances.
full member
Activity: 286
Merit: 100
StableDex | Decentralized, Secure & Cost Effective
August 30, 2017, 12:01:05 AM
yeah you are right. bitcoin prices have surpassed gold. but we also have to be careful if someday the bitcoin price goes down  Shocked
hero member
Activity: 2016
Merit: 540
Leading Crypto Sports Betting & Casino Platform
August 29, 2017, 08:46:07 PM
That is a nice development for bitcoin, though, I don't really have much affiliation with the gold deal. hoping for the best of bitcoin.

To me bitcoin has already defeat the gold. Today with value of bitcoin you can earn n number of gold .So Upto now the price of bitcoin already defeat the gold.In gold you will get the one time profit. But here you will get weekly profit in bitcoin .Which shows,bitcoin already defeat the gold.

Correct .The cost of 8 grams of gold is around  45$.But the value of bitcoin equal to gold is around 4300$.Bitcoin is 10 times greater then a gold.Which shows,if you inverse in gold means,you will get the ten times profit in bitcoin as compare to Gold.The price of bitcoin is keeps on increasing.So if you inverse means,you will get the more profit.


the price of the bitcoin is higher than the gold because it is increasing every day. The market value of the bitcoin is now very high that one bitcoin is 3 time more higher than the gold but in term of the market capabilization gold is still being accepting because the history of the gold is older than bitcoin but if we look at the price increasing strategy than bitcoin is no doubt better than gold so no in very early of the future bitcoin will be the only investment of all investors.   
sr. member
Activity: 686
Merit: 250
August 29, 2017, 03:42:55 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.

exactly. Selling BTC is a wrong decision. The Bitcoin will beat gold has been everyone's predecessor before it outlasted gold in all aspects. Gold is too stable, hard to get rich so few people want to invest in it instead of hoarding. Bitcoin is different, it is rising, many people want to have it, many countries accept it so its future is infinite.
Gold has never been a way to make yourself rich, gold is a way for the rich to maintain their fortune, so only invest in gold once you are very comfortable with the way you live, that way if the economy fails you still have something that has value and that you can use to maintain yourself and your lifestyle.
sr. member
Activity: 1428
Merit: 252
August 29, 2017, 10:37:37 AM
Yes it is true, and this is a proven fact, we all know that the most profitable investment is bitcoin, in just a month we can profit profits at least 10% in a month, while gold is not more than 1% per month.
newbie
Activity: 17
Merit: 0
August 29, 2017, 10:23:34 AM
Not yet clear, and not necessarily a bitcoin can beat gold until now .. that's all I know
sr. member
Activity: 1652
Merit: 299
August 29, 2017, 10:12:47 AM
Well, bitcoin's price just got higher than gold, but that doesn't mean that bitcoin is better than gold. Gold is mined like bitcoins but gold are older than bitcoin and it is still be there. Gold is Gold, Bitcoin is Bitcoin.
I dont really care really whether bitcoin got its price higher than gold because I do not really own or make profit from gold.
for me it is not so, gold and gold remain fixed but bitcoin bitcoin bitcoin more than gold ... because there was more gold and remains there compared with bitcoin. and has a value of bitcoin higher than gold. However, gold remains a repository of stuff community who are considered valuable and can be used at any time. and between gold and the same bitcoin has the same interests.
I am seriously unable to understand what you exactly want to say? There is too much repetition of words. What I have understood is that in your opinion gold has its own worth and bitcoins have their own. Anyways, I believe the same and it is pretty useless to compare both to each other.
sr. member
Activity: 812
Merit: 251
August 28, 2017, 11:27:35 PM
I do not know if bitcoin has defeated gold. But clearly, bitcoin has surpassed the function of gold, and nowadays, there are very many people who prefer the bitcoin rather than gold for now.

I can say it has defeated just 1 ounce of gold and nothing more. Bitcoin has many advantages and uses than gold currently and that's  what makes it stand out else I don't see any defeat it has rendered gold.
full member
Activity: 266
Merit: 122
August 28, 2017, 10:55:00 PM
Yes the value of bitcoin is now higher than gold but I don’t think it has defeated gold when it comes to stability gold is still superior, the market of gold is still far behind bitcoin and it will take so many years for bitcoin to finally defeat gold. Bitcoin is still having a greater risk of suddenly crashing value unlike gold which is part of the market for a long period.
sr. member
Activity: 1134
Merit: 254
August 28, 2017, 10:13:21 PM
I do not know if bitcoin has defeated gold. But clearly, bitcoin has surpassed the function of gold, and nowadays, there are very many people who prefer the bitcoin rather than gold for now.
full member
Activity: 140
Merit: 100
August 28, 2017, 09:46:39 PM
Of course today bitcoin prices has defeat the gold, but There are several things we should consider from gold

*Gold has An excellent store of value, will continue to exist no matter what the psychology of other markets
*Cannot simply “vanish” — will outlast solar flares, EMP, nuclear war and natural disasters
*Can be stolen or lost
*May be confiscated by governments
*Gold purchases can theoretically be tracked by governments if you buy gold with credit cards or bank transfers
*Has universal, long-term value and utility
*Risk of ownership is relatively LOW, because even if everything goes wrong in the world, your gold is still gold

So my advice is better we have 2 investments, bitcoin and gold is a very good choice. If we have a problem with one investment then there are another investment that will back up it. So I will invest my money for bitcoin and gold.
sr. member
Activity: 686
Merit: 253
August 28, 2017, 09:15:59 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.

this post was on march 2107 now we are in the late august and the price doubled or 3x higher now are we now be aiming for a much eexpensive  stone to compare with bitcoin price because it seems that bitcoin  may defeat  it as well

This is unfair since we don't know the mass of Bitcoin to compare to an equivalent mass of gold but we just pick 1 ounce of gold and compare to a Bitcoin in terms of prices. What about a kilogram of gold? Wouldn't it be more than the price of Bitcoin, has gold defeated Bitcoin then?
full member
Activity: 252
Merit: 100
August 28, 2017, 07:58:01 PM
yep .., nothing can stop bitcoin right now. it is now 4000$ + the bitcoin  beats gold a year ago and still increasing it's own value until today next year for sure the price of it will increase more.
Gold has now become younger brother of bitcoin, lol. Though gold is older in the market but is not capable of increasing in value tremendously in short time. Bitcoins are the present and future of world assets. They have changed the minds of traders who were up till now just investing into traditional assets.
However, if you think again carefully about Bitcoin and Gold, you will understand the ratio growth in short time of them really difference.
Bitcoin has grew 300.000% from first time until today, but look at again Gold, don't growth like Bitcoin but it can stable price and have a huge community than Bitcoin.

Gold has huge community because it is much older than bitcoins. With passage of time, bitcoins are going to snatch gold investors and it has begun already. Many people are leaving gold or reducing the ratio of their investments into gold and are turning towards bitcoins because of their potential of creating large profits.
Bitcoins are so amazingly increasing in market that it even compel the investors of bonds, real estate, stock etc. to just try bitcoin once. People who are so big investors of gold and others are turning their businesses in bitcoins because of its high yield of profit.

now this comparison of bitcoin and gold prices is very different, everyone from investors, shareholders and also others certainly see how bitcoin works.
bitcoin is perfect for short-term and long-term investments both provide enormous benefits.
hero member
Activity: 910
Merit: 500
August 28, 2017, 07:43:55 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.

this post was on march 2107 now we are in the late august and the price doubled or 3x higher now are we now be aiming for a much eexpensive  stone to compare with bitcoin price because it seems that bitcoin  may defeat  it as well
hero member
Activity: 672
Merit: 500
August 28, 2017, 07:29:13 PM
yep .., nothing can stop bitcoin right now. it is now 4000$ + the bitcoin  beats gold a year ago and still increasing it's own value until today next year for sure the price of it will increase more.
Gold has now become younger brother of bitcoin, lol. Though gold is older in the market but is not capable of increasing in value tremendously in short time. Bitcoins are the present and future of world assets. They have changed the minds of traders who were up till now just investing into traditional assets.
However, if you think again carefully about Bitcoin and Gold, you will understand the ratio growth in short time of them really difference.
Bitcoin has grew 300.000% from first time until today, but look at again Gold, don't growth like Bitcoin but it can stable price and have a huge community than Bitcoin.

Gold has huge community because it is much older than bitcoins. With passage of time, bitcoins are going to snatch gold investors and it has begun already. Many people are leaving gold or reducing the ratio of their investments into gold and are turning towards bitcoins because of their potential of creating large profits.
Bitcoins are so amazingly increasing in market that it even compel the investors of bonds, real estate, stock etc. to just try bitcoin once. People who are so big investors of gold and others are turning their businesses in bitcoins because of its high yield of profit.
copper member
Activity: 658
Merit: 284
August 28, 2017, 06:44:42 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 value triple the value of gold. And bitcoin is just getting started!
No one knows exactly how the bitcoin value would be in the future because it would keep increasing everyday.
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