Topic: Bitcoin has defeated gold - page 55. (Read 28600 times)
well there is no dought i never doughted on bitcoin. hence it is completly proved that we are the future elite, now all we have to do is buy some more bitcoins as it is going to rise much higher reaching a whole new level. i remember the time when we hit the mt gox crash or the china ban those are really the bubbles but its very real
I have maintained the position last month where the comparison starts between gold and bitcoin and with much relevance to bitcoin. Comparison can not be perfect without considering long term. Last month when the price of bitcoin overcomes that of gold, the news was all over without considering the volatility of bitcoin and in a space of few weeks we have seen bitcoin go down to the $900 and now to the $100 among other things that have happened to bitcoin. Longterm effect is important before conclusion is achieved.
Yes. last month was a great month for bitcoin because it reached ATH and has past gold price per ounce. But both being volatility, so its really hard to compare them. But I don't know if bitcoin is good investment in long term as compared to gold. And gold for me has a decent store value than bitcoin because of its long history and people has already put a lot of trust in gold and they are willing to buy gold as leverage for economic crisis.
I have maintained the position last month where the comparison starts between gold and bitcoin and with much relevance to bitcoin. Comparison can not be perfect without considering long term. Last month when the price of bitcoin overcomes that of gold, the news was all over without considering the volatility of bitcoin and in a space of few weeks we have seen bitcoin go down to the $900 and now to the $100 among other things that have happened to bitcoin. Longterm effect is important before conclusion is achieved.
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.
From the start when i used bitcoin i knew that bitcoin could defeat gold because the price of bitcoin are starting to increase unlike gold the price of it are stable. But the truth is, it wasn't bitcoin goal to defeat gold it's just arbitrary that bitcoin just defeated gold.Gold: $1241/xau
Well, I can not believe that the Bitcoin prices has crossed over gold sooner than I expect. I thought the process would be finished in April. Wow, Bitcoin is truly worth and everyone who has sold their Bitcoin has made a huge mistake. Nothing can stop Bitcoin right now.
Last month starting bitcoin price is equals to the one ounce of gold. We may see the price dips in the past some weeks. However, price is seems recovered and price settled more than 1100$ now. Every year in April month. Price use to bump to some decent value, just check the price for past two years. I hope we gonna touch the next peak value in this month.
From the previous month of bitcoin price we may think that it has to be more stable and fall of economic system is not going to happen and most of us think, that price of gold was defeated. But in reality all positive speculations end up to failure and price now been fluctuating, and eventually it may fall to lowest value because of hard those dumping getting higher as well as hard fork.
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.
They are different investments with different fundamentals. 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.
Comparing 1 bitcoin's price to an ounce of gold's price absolutely makes no sense at all. If you want to make some sense, compare their market cap's.
Total physcial gold market cap = $7,412,468,544,642
Total bitcoin market cap = $20,219,997,543
You cannot make a direct comparison between the two.
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.
From the start when i used bitcoin i knew that bitcoin could defeat gold because the price of bitcoin are starting to increase unlike gold the price of it are stable. But the truth is, it wasn't bitcoin goal to defeat gold it's just arbitrary that bitcoin just defeated gold. 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: $1260/BTC
Gold: $1241/xau
Well, I can not believe that the Bitcoin prices has crossed over gold sooner than I expect. I thought the process would be finished in April. Wow, Bitcoin is truly worth and everyone who has sold their Bitcoin has made a huge mistake. Nothing can stop Bitcoin right now.
But bitcoin so far was presently was 1064$, It recovers now anyhow unlike yesterday it was 980$ I think. Maybe a couple of week from now it will resume at 1200$ or more going to 1300$ up to 1500$ this month of April, just stay hold and now worries. 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: $1260/BTC
Gold: $1241/xau
Well, I can not believe that the Bitcoin prices has crossed over gold sooner than I expect. I thought the process would be finished in April. Wow, Bitcoin is truly worth and everyone who has sold their Bitcoin has made a huge mistake. Nothing can stop Bitcoin right now.
Bitcoin now was 1064$, So I cannot say that bitcoin defeat gold. Like what everybody most often said here because of the volatility of bitcoin it can get higher quickly and it can get down the price in no time that's the reason, unlike in gold my ideas was gold increase always everyweek but not that aggressive as bitcoin have.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.
You can't compare the exchange rate of Bitcoin, with the market price of gold. Because the units used are not similar. Bitcoin exchange rate is per coin, and the gold price is per ounce. Coin and ounce are not equivalent. The only way in which you can compare both gold and Bitcoin, is by comparing their market caps. Now BTC is having a market cap of $17 billion USD, while that of gold is around $6 trillion.
Bitcoin: $1260/BTC
Gold: $1241/xau
Well, I can not believe that the Bitcoin prices has crossed over gold sooner than I expect. I thought the process would be finished in April. Wow, Bitcoin is truly worth and everyone who has sold their Bitcoin has made a huge mistake. Nothing can stop Bitcoin right now.
Bitcoin now was 1064$, So I cannot say that bitcoin defeat gold. Like what everybody most often said here because of the volatility of bitcoin it can get higher quickly and it can get down the price in no time that's the reason, unlike in gold my ideas was gold increase always everyweek but not that aggressive as bitcoin have. 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.
Both bitcoin and gold has its specific advantages because og the price value they had but the only comparison between the is gold has a physical appearance while bitcoin has a digital form and can be viewed only in the wen network. For now I have no concrete information that btc defeated gold because gold has good standing of price market value that has no erratic fluctuations although bitcoin has higher price nowadays but the price fluctuations really has fluctuated behaviour.
It depends on how you understand it, if you are happy with daily fluctuation, bitcoin is the best to use, gold rose gradually because of its rarity, in future if bitcoin mining has run out will also apply equally. Bitcoin is better than gold due to be the benchmark of all altcoin. So price movement very quickly although bitcoin increasingly rare.
It depends on how you underatand this thing, most of them are saving gold instead of bitcoin because of its volatility. Gold is more stable now and the price is keep on increasing mean while bitcoin somehow can be long term investment but sure it is risky thing because we never know exactly the price will go, some will say that it will going higher and higher and others said it will be fluctuative and no exact price. For now I will prefer to do both saving
Gold is for people who are more risk averse than risk takers. Since gold's prices is quite stable than bitcoins, this is really a good way to just save your money and not really for investing it to grow your money. People who use bitcoin as a medium are more of risk takers as their money can double within a year or maybe drop by half.
Yes you have explained it really well because bitcoin and gold are two completely different entities where are gold has more stability which can help people to save their money but cannot help much with return on investment and wherein other hand bitcoin lacks stability but it's much better day by day and gaining some stability and bitcoin can provide unexpected return on investment if you play smart with patience and complete market research at your own risk.
Both bitcoin and gold has its specific advantages because og the price value they had but the only comparison between the is gold has a physical appearance while bitcoin has a digital form and can be viewed only in the wen network. For now I have no concrete information that btc defeated gold because gold has good standing of price market value that has no erratic fluctuations although bitcoin has higher price nowadays but the price fluctuations really has fluctuated behaviour.
It depends on how you understand it, if you are happy with daily fluctuation, bitcoin is the best to use, gold rose gradually because of its rarity, in future if bitcoin mining has run out will also apply equally. Bitcoin is better than gold due to be the benchmark of all altcoin. So price movement very quickly although bitcoin increasingly rare.
It depends on how you underatand this thing, most of them are saving gold instead of bitcoin because of its volatility. Gold is more stable now and the price is keep on increasing mean while bitcoin somehow can be long term investment but sure it is risky thing because we never know exactly the price will go, some will say that it will going higher and higher and others said it will be fluctuative and no exact price. For now I will prefer to do both saving
Gold is for people who are more risk averse than risk takers. Since gold's prices is quite stable than bitcoins, this is really a good way to just save your money and not really for investing it to grow your money. People who use bitcoin as a medium are more of risk takers as their money can double within a year or maybe drop by half.
Both bitcoin and gold has its specific advantages because og the price value they had but the only comparison between the is gold has a physical appearance while bitcoin has a digital form and can be viewed only in the wen network. For now I have no concrete information that btc defeated gold because gold has good standing of price market value that has no erratic fluctuations although bitcoin has higher price nowadays but the price fluctuations really has fluctuated behaviour.
It depends on how you understand it, if you are happy with daily fluctuation, bitcoin is the best to use, gold rose gradually because of its rarity, in future if bitcoin mining has run out will also apply equally. Bitcoin is better than gold due to be the benchmark of all altcoin. So price movement very quickly although bitcoin increasingly rare.
It depends on how you underatand this thing, most of them are saving gold instead of bitcoin because of its volatility. Gold is more stable now and the price is keep on increasing mean while bitcoin somehow can be long term investment but sure it is risky thing because we never know exactly the price will go, some will say that it will going higher and higher and others said it will be fluctuative and no exact price. For now I will prefer to do both saving
In price yes bitcoin defeated gold but in value and for a long term investment i think gold can not defeated bitcoin. The price of bitcoin is so high but i know that if i choose where i invest my money in a long term i will invest it in gold to secured my future.
yes that is a fact that bitcoin has already defeated gold. as gold has little fluctuation and there is always a negligible change in the price of gold while bitcoin has a huge fluctuation in its price and we can make good profit if we invest money in bitcoin. Yes, we get a good profit, but we do not need to say that bitcoin will replace gold. These are different investment objects and they do not need to be compared.
Bitcoin isn't listed as an illegal investment in my country, so I don't have what to fear. The only fear I can have is the one that they might turn it into an illegal one sooner or later. But until then, I can use it without restrictions. Gold will always be the best investment honestly, because it can be used as a currency in any possible scenario. Bitcoin still has some cons. Just the fact that it is now valued more than gold is doesn't necessarily make it better. For traders, it is. But not for the preppers, for example.
Agree, the only reason still some people are not trusting the btc is because it will look new to them sooner or later they will start accepting it. I think government will act against this btc because it is decentralized one so it is difficult to say that it will be popular among everyone but one thing is sure that majority of the people will start using it which in turn is a good benefit for all.
Kids and teens will grow up with Bitcoin, in my opinion. They absolutely love technology, we can see that around us. It's impossible to love technology and not hear about Bitcoin, at least once in your life. That's when it becomes interesting for them.
Our userbase is small right now, if we compare Bitcoin to PayPal or any other payment methods. But it's because of the media lying about Bitcoin being the loved currency of the criminals, because of people getting used too much to paper and physically existing money and assets. I'm used to them too, but I find Bitcoin really interesting and a genius idea.
When the kids that are 10-12 years old at the moment will grow up, they'll see a difference. They'll see what Bitcoin is from a totally different perspective, because they'll grow up in a different way than we did. Just like our parents. I am just hoping there's nothing to do against Bitcoin. The governments have enough genius people to think about actions that can be taken against it. Let's hope there is none..
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.
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 the bitcoin enthusiast of course we are proud that our bitcoin overtake and surpassed the value of Gold, But to make it clear something in the question above bitcoin was designed not to destroy or defeating something in the business. Bitcoin it maybe a competitors to any business but in truth bitcoin can be adopt into all business in the whole world. Meaning, bitcoin didn't defeat gold it is still exist its only a matter of value price between Bitcoin and Gold.
Both bitcoin and gold has its specific advantages because og the price value they had but the only comparison between the is gold has a physical appearance while bitcoin has a digital form and can be viewed only in the wen network. For now I have no concrete information that btc defeated gold because gold has good standing of price market value that has no erratic fluctuations although bitcoin has higher price nowadays but the price fluctuations really has fluctuated behaviour.
It depends on how you understand it, if you are happy with daily fluctuation, bitcoin is the best to use, gold rose gradually because of its rarity, in future if bitcoin mining has run out will also apply equally. Bitcoin is better than gold due to be the benchmark of all altcoin. So price movement very quickly although bitcoin increasingly rare.
bitcoin now been proven that it is indeed a good place for investment, even if the price is always changing but we can always take profits if we could read the situation {market}
In price yes bitcoin defeated gold but in value and for a long term investment i think gold can not defeated bitcoin. The price of bitcoin is so high but i know that if i choose where i invest my money in a long term i will invest it in gold to secured my future.
yes that is a fact that bitcoin has already defeated gold. as gold has little fluctuation and there is always a negligible change in the price of gold while bitcoin has a huge fluctuation in its price and we can make good profit if we invest money in bitcoin. Yes, we get a good profit, but we do not need to say that bitcoin will replace gold. These are different investment objects and they do not need to be compared.
Bitcoin isn't listed as an illegal investment in my country, so I don't have what to fear. The only fear I can have is the one that they might turn it into an illegal one sooner or later. But until then, I can use it without restrictions. Gold will always be the best investment honestly, because it can be used as a currency in any possible scenario. Bitcoin still has some cons. Just the fact that it is now valued more than gold is doesn't necessarily make it better. For traders, it is. But not for the preppers, for example.
Agree, the only reason still some people are not trusting the btc is because it will look new to them sooner or later they will start accepting it. I think government will act against this btc because it is decentralized one so it is difficult to say that it will be popular among everyone but one thing is sure that majority of the people will start using it which in turn is a good benefit for all.
Both bitcoin and gold has its specific advantages because og the price value they had but the only comparison between the is gold has a physical appearance while bitcoin has a digital form and can be viewed only in the wen network. For now I have no concrete information that btc defeated gold because gold has good standing of price market value that has no erratic fluctuations although bitcoin has higher price nowadays but the price fluctuations really has fluctuated behaviour.
In price yes bitcoin defeated gold but in value and for a long term investment i think gold can not defeated bitcoin. The price of bitcoin is so high but i know that if i choose where i invest my money in a long term i will invest it in gold to secured my future.
yes that is a fact that bitcoin has already defeated gold. as gold has little fluctuation and there is always a negligible change in the price of gold while bitcoin has a huge fluctuation in its price and we can make good profit if we invest money in bitcoin. Yes, we get a good profit, but we do not need to say that bitcoin will replace gold. These are different investment objects and they do not need to be compared.
Bitcoin isn't listed as an illegal investment in my country, so I don't have what to fear. The only fear I can have is the one that they might turn it into an illegal one sooner or later. But until then, I can use it without restrictions. Gold will always be the best investment honestly, because it can be used as a currency in any possible scenario. Bitcoin still has some cons. Just the fact that it is now valued more than gold is doesn't necessarily make it better. For traders, it is. But not for the preppers, for example.
Bitcoin can defeat gold but in terms of consistency and in terms of trust with the common people, they go for gold which is very common and it is highly safe. however majority of the people don't know about the btc as it is not old as gold. sooner or later will gain much respect as gold but it will take time.
Jump to: