Bitcoin has gone beyond gold prices - page 10.

shine1123

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Quote from: nanay777 on January 04, 2017, 10:08:45 PM

Bitcoin has now exceeded the gold price, is the choice of bitcoin or gold?

It's amazing though, the price of bitcoin is keep increasing since last month and exceeded the golds' price. Actually i prefer on gold because many people already know about gold and gold is more popular than bitcoin. But bitcoin's price keep goes up and i think, i will pick bitcoin someday. I'm afraid though, the price of bitcoin will goes down someday.

xvids

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Yehey I think everyone who are using bitcoin is so happy about it,
I mean they were supporting bitcoin even if the price were still at low .

Wargika

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Quote from: Pab on February 21, 2017, 12:28:34 PM

Gold price is still higher than bitcoin.There is something to consider regarding gold and bitcoin prices.There are strong expectations that Fed will rise rates,dollar is rising,so why gold is not going down,usually if dollar rise gold is going down,similar situation was before 2008 crisis

It is possible the bitcoin price will be 50% higher than gold in 6 months.

Pab

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Gold price is still higher than bitcoin.There is something to consider regarding gold and bitcoin prices.There are strong expectations that Fed will rise rates,dollar is rising,so why gold is not going down,usually if dollar rise gold is going down,similar situation was before 2008 crisis

l8nit3

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Quote from: nanay777 on January 04, 2017, 10:08:45 PM

Bitcoin has now exceeded the gold price, is the choice of bitcoin or gold?

At this point I would have to say BTC. However, it depends on your strategy. If your looking long hold, I would still stick with gold. However, if you are a day trader, I would say BTC has a better volatility which would allow for better swing positions.

BillyBobZorton

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Quote from: BrewMaster on February 21, 2017, 11:30:07 AM

Quote from: Lintel on February 21, 2017, 10:37:47 AM

Quote from: DrGuns4Hands on January 24, 2017, 10:04:44 AM

If I'm gonna choose on both i will pick gold. well besides it has a good attraction and great fashion when you put it as an accessories. its increases its value every year too .that's why buying a gold is the most and primary suggested to put your investment too. because the price of the gold will never decrease because gold is a minerals that can found on our world and having a couple of gold you could sell it on some collectors of item .

I think the price of bitcoin will appreciate faster than the gold. So it is better to invest in bitcoin.

that is kind of an obvious statement about bitcoin versus gold!
bitcoin obviously is still new and it needs to be adopted over time and there are lots of people who has not yet found out about bitcoin and adopt it soon.

but at the same time, gold has a more stable price and also doesn't have the risk of bitcoin when its price may go down.

Gold is not useful in the era of information. It will start losing more and more appeal, as new generations learn about bitcoin, they will easily accept bitcoin and couldn't care less about having gold, only low IQ idiots will keep buying gold chains just for aesthetics.

Real usage is on bitcoin.

BrewMaster

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Quote from: Lintel on February 21, 2017, 10:37:47 AM

Quote from: DrGuns4Hands on January 24, 2017, 10:04:44 AM

If I'm gonna choose on both i will pick gold. well besides it has a good attraction and great fashion when you put it as an accessories. its increases its value every year too .that's why buying a gold is the most and primary suggested to put your investment too. because the price of the gold will never decrease because gold is a minerals that can found on our world and having a couple of gold you could sell it on some collectors of item .

I think the price of bitcoin will appreciate faster than the gold. So it is better to invest in bitcoin.

that is kind of an obvious statement about bitcoin versus gold!
bitcoin obviously is still new and it needs to be adopted over time and there are lots of people who has not yet found out about bitcoin and adopt it soon.

but at the same time, gold has a more stable price and also doesn't have the risk of bitcoin when its price may go down.

Lintel

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Quote from: DrGuns4Hands on January 24, 2017, 10:04:44 AM

If I'm gonna choose on both i will pick gold. well besides it has a good attraction and great fashion when you put it as an accessories. its increases its value every year too .that's why buying a gold is the most and primary suggested to put your investment too. because the price of the gold will never decrease because gold is a minerals that can found on our world and having a couple of gold you could sell it on some collectors of item .

I think the price of bitcoin will appreciate faster than the gold. So it is better to invest in bitcoin.

coinplus

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Quote from: talikila on February 21, 2017, 09:48:45 AM

Bitcoin price will pass 1,200$ in this month and it can break the gold price in next some days.
I like to hold bitcoin at this time and maybe in this year. I expect it can hit 2,000$ at the end of year 2017.

When bitcoin will hit $2000 this year then what it will do in 2018 and why not we plan for keep on holding for ever ?

I believe outnumbering gold price is just the beginning of another era of bitcoin. It is going to scale many other peaks. If you do not want to go out of race, keep holding bitcoins and try to use it instead of selling it.

nara1892

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the choice is bitcoin. in my country gold is quite difficult to be protected, probably because it is a physical good. unlike bitcoin which we can save without paying some thing to protect it because it is invisible, so it will be difficult to find it (for some people here)

talikila

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Bitcoin price will pass 1,200$ in this month and it can break the gold price in next some days.
I like to hold bitcoin at this time and maybe in this year. I expect it can hit 2,000$ at the end of year 2017.

StevensonCarl

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Quote from: nanay777 on January 04, 2017, 10:08:45 PM

Bitcoin has now exceeded the gold price, is the choice of bitcoin or gold?

I choose Bitcoin because you can earn by playing faucet. And the price of the Bitcoin keeps rising
But to have gold you have spend money before you have it.

warwar

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Quote from: Factmine on January 24, 2017, 10:31:34 AM

Quote from: ImHash on January 24, 2017, 10:19:15 AM

Every one knows gold has more value than BTC because mining gold will always be harder than bitcoin.
Many people know nothing about molecular structure of gold, it has 118 neutrons aligned in a way that blocks microwave and radiation, that's why it is used in space industry.
But honestly bitcoin is the gold of crypto and I'd rather have BTC than gold because I can convert it into fiat more easily.

How did you come up that gold is harder to mine? Bitcoins are quite hard to mine nowadays that you can't even solo mine it with just your PC. You would need specialized equipment to mine bitcoins similar to gold. It doesn't involve digging the ground but it needs a lot of hardware and electricity.

Well if we are talking about digging in gold and mining bitcoin through powerful PC i could say that gold is harder because you need a heavy equiptment to do it and you know that it cost a lot , the land space the contructors and others . But in bitcoin you cost also a lot for building a pc and because of the halving recently it is difficult to mine.

Factmine

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Quote from: ImHash on January 24, 2017, 10:19:15 AM

Every one knows gold has more value than BTC because mining gold will always be harder than bitcoin.
Many people know nothing about molecular structure of gold, it has 118 neutrons aligned in a way that blocks microwave and radiation, that's why it is used in space industry.
But honestly bitcoin is the gold of crypto and I'd rather have BTC than gold because I can convert it into fiat more easily.

How did you come up that gold is harder to mine? Bitcoins are quite hard to mine nowadays that you can't even solo mine it with just your PC. You would need specialized equipment to mine bitcoins similar to gold. It doesn't involve digging the ground but it needs a lot of hardware and electricity.

ImHash

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Every one knows gold has more value than BTC because mining gold will always be harder than bitcoin.
Many people know nothing about molecular structure of gold, it has 118 neutrons aligned in a way that blocks microwave and radiation, that's why it is used in space industry.
But honestly bitcoin is the gold of crypto and I'd rather have BTC than gold because I can convert it into fiat more easily.

DrGuns4Hands

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If I'm gonna choose on both i will pick gold. well besides it has a good attraction and great fashion when you put it as an accessories. its increases its value every year too .that's why buying a gold is the most and primary suggested to put your investment too. because the price of the gold will never decrease because gold is a minerals that can found on our world and having a couple of gold you could sell it on some collectors of item .

markyminer

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Quote from: topesis on January 24, 2017, 09:29:54 AM

I don't think there should be need for comparing the prices of Gold and Bitcoin at all. I know this will generate media attention, but for me I will still pick Gold ahead of Bitcoin because of the fundamentals behind it and more than 5000yrs of history as store of value

every one has their own decision, to me i think yes choosing gold is a good decision but only for saving purpose, as you can save your investment in gold for a long time. your investment will be more safe. but gold cannot increase your investment, if you want to have some income from your investment then you need to choose bitcoin, because bitcoin can even turn double your investment in a very very short period of time.

topesis

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I don't think there should be need for comparing the prices of Gold and Bitcoin at all. I know this will generate media attention, but for me I will still pick Gold ahead of Bitcoin because of the fundamentals behind it and more than 5000yrs of history as store of value

canah17

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Quote from: nanay777 on January 04, 2017, 10:08:45 PM

Bitcoin has now exceeded the gold price, is the choice of bitcoin or gold?

Really? Wow! that's really great news Cheesy

i really got motivated to earn more bitcoins Cheesy

well my choice is bitcoin because bitcoin is easy to achieve unlike the gold it's tough to find one single pebble of gold but in bitcoin you can just earn from it by working and it will exceed to much greater income in the near future and starts to get big of a deal to internet and to the world bitcoins is the most powerful in this era Cheesy

i know gold is very real and bitcoin is just a programmed code but in this era technologies rule and bitcoin is happiness Cheesy

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Quote from: FaucetRank.com on January 05, 2017, 10:37:38 AM

Quote from: The Notorious BTC on January 05, 2017, 01:32:01 AM

Bitcoin > Gold

Bitcoin you can sell 24 hours a day. Would be very difficult to sell gold in the middle of the night Grin

Yes it's true I'm 100% agree with you. Gold is less liquidate asset than Bitcoin that is why Bitcoin should not be called an asset it should be called money or currency and it is 100% liquidate just like cash. If we store gold in bank locker than it will be not accessible at midnight but Bitcoin can be used whenever you want to use, only requirement to use Bitcoin is you need a digital device like mobile, computer etc and internet connection to access Bitcoin fund.

I disagree with this. Bitcoin does not have higher liquidity than gold. To quote Investopedia "Liquidity describes the degree to which an asset or security can be quickly bought or sold in the market without affecting the asset's price". Gold's daily volume has seen $20 billion USD which is higher than Bitcoin's total market cap. If you try to buy Bitcoin with all of gold's daily volume I think the BTC/USD rate would fly to $100,000 in one day maybe even more as Bitcoin only has $100 million daily volume. I hope someone tries this in fact.

In terms of accessibility, where I live, gold still wins. Bitcoin/fiat exchanges I have access to have huge differences between buy and sell prices as well as ridiculous commissions. However, I can easily buy and sell gold with an online bank account 24 hours a day at a reasonable rate.

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