Bitcoin has defeated gold - page 46.

liuqi

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Quote from: Insticator on August 28, 2017, 01:41:50 PM

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.

That is right gold is gold you cannot change that stablity wise gold is the very good investment while bitcoin is a huge coin on the market that makes huge difference. growing and growing faster than any other investment.

Gold's stability will be better to compare real products you see in daily life but bitcoin is best stock in the world according to me because price value of it. We need to check the ounce of gold rare with bitcoin. It's value is more than a ounce of gold now. I suggest you to invest on btc to see the better profit than gold.

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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.

That is right gold is gold you cannot change that stablity wise gold is the very good investment while bitcoin is a huge coin on the market that makes huge difference. growing and growing faster than any other investment.

sandrun

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I agree with what you say. Bitcoin prices beat gold. High glide bitcoin reaches an incredible price point .. anyone who stores bitcoin will benefit greatly .. but if you save gold maybe they get a little profit. Gold tends to be stable and not fluctuate like bitcoin prices. I think once the bitcoin price will be stable and not increase .. but it is wrong the bitcoin price is now very fantastic and I am happy to invest bitcoin

ocid

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This year, bitcoin is at its peak, rising prices continue to beat gold prices. Even until the end of 2017 many are predicting bitcoin will rise in price up to $ 5000, with a fairly fantastic price to make bitcoin able to beat the price of gold. And many people are earning an enormous profit by investing in bitcoin this year.

biskitop

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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 also think the same with you. When lately bitcoin value continues to rise to reach 1 btc = 4311.91 US Dollar. Meanwhile, gold value 1 gram = 41,74 USD and 1 Kg = 41.741,64 USD. It is very unbelievable that bitcoin values go so far beyond current gold.

Kikeeping

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Advantages of having bitcoin are much higher than gold, at least for bitcoin holders this year. and we are still optimistic that bitcoin still strong to keep going up. While profits from gold are small even for a holding period of 1 year.

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Quote from: AngelSky on August 28, 2017, 09:24:18 AM

Quote from: TIDOVEE on August 28, 2017, 09:07:54 AM

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.

AngelSky

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Quote from: TIDOVEE on August 28, 2017, 09:07:54 AM

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.

TIDOVEE

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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.

NavySeals

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Quote from: BingoDog on August 28, 2017, 08:47:59 AM

Personaly I would rather invest in bitocoins than in gold. I think at the moment is more profitable and more convenient. But gold is one of the traditional investments that will never disappear no matter the modern techonologies, at least I think so, and the gold will always be valuable for the people as an asset and way of security. Precious metals, especially gold, have some special power over men.

I rather invest in bitcoin than gold, but this never mean that bitcoin defeated gold. Gold is the most important economical instrument of the World, butcoin still need to take a long road to catch up with gold in order to defeat it.

Choyor

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Bitcoin itself is known to experience frequent fluctuations. The high value of Bictoin lately is thought to be the result of a soaring demand figure, As a digital currency, bitcoin actually has no intrinsic value whatsoever. The value comes only from the trust of its users alone to use Bitcoin as a means of payment or transaction tool. The high bitcoin price attracts many investors' interest to invest their conventional money into bitcoin compared to investing it into gold. so we can conclude that bitcoin is more valuable than gold.

BingoDog

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Personaly I would rather invest in bitocoins than in gold. I think at the moment is more profitable and more convenient. But gold is one of the traditional investments that will never disappear no matter the modern techonologies, at least I think so, and the gold will always be valuable for the people as an asset and way of security. Precious metals, especially gold, have some special power over men.

Bunsomjelican

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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.

That is not new, it is expected anyway by many here. But Gold is Gold, while Bitcoin is bitcoin it cannot be compared and they are not the same but they are both important. So, these two are good anyway. If bitcoin's up and surpassed the value of gold let it be, Because Gold will still be the same.

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Quote from: twicezeroiszero on August 25, 2017, 05:32:16 AM

Quote from: garmerys on August 25, 2017, 04:51:10 AM

Quote from: Vinalians on August 22, 2017, 03:40:54 AM

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.

calandra78

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Quote from: FlightyPouch on March 02, 2017, 04:25:37 PM

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.

Dart18

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Quote from: Xenoph0bia on August 27, 2017, 12:06:39 PM

Quote from: filharvey on August 26, 2017, 05:33:00 AM

Bitcoin has already surpassed those price limits and now its price is $4315.Thats why,it has started to gain more attention of gold investors.Bitcoin has become the ultimate choice of investors world wide.Its price is soon expected to cross $5000 after november this year.Gold investors preferred gold as an investment since their investment is secure in it and had not found these much days such an investment.But now they all have found bitcoin to be a valuable investment which could give huge returns but at the same time,their investment is also secure.

Exactly, I also agree that bitcoin has the potential to defeat the gold in the long run. Investors who are well aware about the bitcoins, have already started investing into bitcoins instead of the gold, as there has been high return if compare with the gold.

Yes. As long the big whale investors does not stop then we will be having a big wave with them.
It is funny considering there is not much into bitcoin when it comes to its features and yet we support it for a long time.
I guess it is still safety we are looking for.

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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.

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.

micher143

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Quote from: OmegaStarScream on March 02, 2017, 11:46:04 AM

This means nothing, instead you should probably compare the marketcap. where the gold marketcap is currently $7,422,335,235,457 (yes trillions) and bitcoin is 20$ billion. Gold exists for thousands of years now and It won't simply lose It value because bitcoin came to life. In my opinion, nothing could actually beat gold and silver, no matter how much year passes.

First we need to consider the differences of the two. Gold's value depends on the stock on the market where it is base on the number of gold circulating on the market base on the karat or the amount of gold in a specific accessories. It is also a natural treasure where its stock is at it is so if you will take time to be gold it will set the value to increased. Like the crypto-currency where its main purpose is for transactions , investment and trading.

Xenoph0bia

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Quote from: filharvey on August 26, 2017, 05:33:00 AM

Bitcoin has already surpassed those price limits and now its price is $4315.Thats why,it has started to gain more attention of gold investors.Bitcoin has become the ultimate choice of investors world wide.Its price is soon expected to cross $5000 after november this year.Gold investors preferred gold as an investment since their investment is secure in it and had not found these much days such an investment.But now they all have found bitcoin to be a valuable investment which could give huge returns but at the same time,their investment is also secure.

Exactly, I also agree that bitcoin has the potential to defeat the gold in the long run. Investors who are well aware about the bitcoins, have already started investing into bitcoins instead of the gold, as there has been high return if compare with the gold.

hovrah

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Quote from: aeternus on August 27, 2017, 11:55:31 AM

Quote from: bitcoinmaniac52 on August 21, 2017, 12:35:12 PM

Considering Gold's market cap is over $8,000,000,000,000 and Bitcoin's is just $75,000,000,000 it is quite safe to say that this is untrue.

However, it is certainly possible that when the other 99% of people learn about Bitcoin and begin investing in it that we will see a number close to this and eventually surpass it.

After all, $1,000,000 per Bitcoin means the market cap would be $21,000,000,000,000 minus lost coins, which still would be well above Gold.

I think your number are simply too high, for many people in the forum bitcoin is performing the same function as gold, they are using bitcoin as a store of value so we do not need numbers that high if some of the people holding gold decide to hold bitcoin instead.

The fact is that there is a lot of talk about gold and Bitcoin, but nevertheless each user earns his fortune thanks to Bitcoin, but not against saving his money in gold. To date, Bitcoin is stored for the future, only in order to increase its revenues several times, as stated in the set of forecasts.

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