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Topic: Bitcoin has gone beyond gold prices - page 2. (Read 8490 times)

FRJ
member
Activity: 280
Merit: 15
The Worlds Most Advanced Distributed Computer
February 18, 2018, 06:38:29 AM
Bitcoin!My choice was always bitcoin.Until now,I prefer bitcoin than gold.Yeah,bitcoin's price has exceeded the price of gold.It is one of the reasons why I'll choose bitcoin.But,there are so many other reasons.One of them is,bitcoin is easy to earn.We can get huge profits only by buying some bitcoin and holding them.Again it is a currency,digital currency where we can invest and get profit.On the other side,investing in gold is risky.Because it's price remains quite stable.

Again,we can transact bitcoin anywhere anytime.So,bitcoin has made easier transaction.We don't need any help of third parties. So,as bitcoin give us financial freedom,which cannot be done by gold,bitcoin is better.
newbie
Activity: 168
Merit: 0
February 18, 2018, 05:19:01 AM
Not to rain on the parade... But a whole bitcoin is an arbitrary amount of bitcoin and an ounce is an arbitrary amount of gold. So that does not mean bitcoin is worth more than gold.

...
You know this feeling when you were pretty sure of yourself who thought you understood everything and then suddenly you got someone who tells you very politely and in a little sentence not taking a full line that what you were thinking is not only wrong, but it's also a complete stupid nonsense?
Well I know this feeling right now.

But that's an interesting experiment. I mean I WAS SURE that the title was true, I believed this idea immediately without questioning it.
While in fact it had no sense cause it was like comparing a temperature to a price.
It is a feeling I am also very familiar with.  Embarrassed
You should see me stumble around tying to figure out my car. You proubly know a million times more about cars than me. Even if you know very little about cars.

I suppose if you wanted to compare gold an BTC you could maybe tell something from the calculation below.
The total available world supply of gold has been estimated at 165,000 tons. The total supply of bitcoin is 21,000,000. So that is about 0.000007857 tons per bitcoin. There are 32,150.75 troy ounces in 1 metric ton so that is  0.25Oz. per BTC...
Wait a min.Huh is bitcoin 4x more valuable than gold? Or am I doing the math wrong?

I guess both are comparable and valuable. Bitcoin price exceeds beyond gold price because bitcoin is more popular than gold as todays. Much reliable is bitcoin than gold.
newbie
Activity: 210
Merit: 0
February 18, 2018, 04:52:01 AM
actually gold with bitcoin are both investments that can be profitable, but here bitcoin easier to make transactions anytime and anywhere, for gold is not so, we must go to the gold shop used to do the transaction. and If we look at function, system and second price. Of course bitcoin is the choice.
Gold is more stable and a good long term investment with stable income.
sr. member
Activity: 672
Merit: 250
January 11, 2018, 03:47:44 PM
Bitcoin has now exceeded the gold price, is the choice of bitcoin or gold?
The bitcoin had a really successful year in 2017 the value of bitcoin grown from $1,000 to up $20,000 within only 12 months. The bitcoin was very successful last year because they were so many bitcoin hard forks and bitcoin futures by major trading options around the world. e.g. CME and CBOE bitcoin futures. 
Yes i agree on that the people around may not i dentify the advantages of investing bitcoin than the said gold if we are goin to compair the prices maybe the gold is more valuatble and has a big price than bitcoin but that was also the main reason why gold is too risky to be invested because we really need to have  more capital on investing to it because its price is almost stable.
copper member
Activity: 658
Merit: 284
January 11, 2018, 03:30:43 PM
Bitcoin has now exceeded the gold price, is the choice of bitcoin or gold?
The bitcoin had a really successful year in 2017 the value of bitcoin grown from $1,000 to up $20,000 within only 12 months. The bitcoin was very successful last year because they were so many bitcoin hard forks and bitcoin futures by major trading options around the world. e.g. CME and CBOE bitcoin futures. 
full member
Activity: 443
Merit: 100
https://streamies.io/
January 02, 2018, 10:27:06 PM
I would choose gold since its value has always been maintained and appreciates in value and you can actually get a hold of it.
That is why many people still trusting gold rather bitcoin, and bitcoin is lack of stability, it's more volatile than gold, that's why some investors prefer gold over bitcoin. Although the volatility of the bitcoin is decreasing every year and at 2016 almost as volatile as oil, I believe the bitcoin prices will stabilize when everyone is already well-understood bitcoin as financial assets, so when that happens, bitcoin can compete for gold for stability.
Yes its true that bitcoin have crossed price of gold and still the price of bitcoin is increasing and in future the rate will be double or triple as compare to present rate more probably and that is also the reason that bitcoin is more better than gold.
It's not impossible with bitcoin to go beyond gold prices because many people are already patronizing it including the investors who has a big part in making the bitcoin well known.
full member
Activity: 392
Merit: 100
January 02, 2018, 09:14:29 PM
I would choose gold since its value has always been maintained and appreciates in value and you can actually get a hold of it.
That is why many people still trusting gold rather bitcoin, and bitcoin is lack of stability, it's more volatile than gold, that's why some investors prefer gold over bitcoin. Although the volatility of the bitcoin is decreasing every year and at 2016 almost as volatile as oil, I believe the bitcoin prices will stabilize when everyone is already well-understood bitcoin as financial assets, so when that happens, bitcoin can compete for gold for stability.
Yes its true that bitcoin have crossed price of gold and still the price of bitcoin is increasing and in future the rate will be double or triple as compare to present rate more probably and that is also the reason that bitcoin is more better than gold.
P3
member
Activity: 266
Merit: 10
December 05, 2017, 05:55:51 PM
I would choose gold since its value has always been maintained and appreciates in value and you can actually get a hold of it.
That is why many people still trusting gold rather bitcoin, and bitcoin is lack of stability, it's more volatile than gold, that's why some investors prefer gold over bitcoin. Although the volatility of the bitcoin is decreasing every year and at 2016 almost as volatile as oil, I believe the bitcoin prices will stabilize when everyone is already well-understood bitcoin as financial assets, so when that happens, bitcoin can compete for gold for stability.
Indeed its actual that bitcoin have crossed cost of gold and still the cost of bitcoin is expanding and in future the rate will be twofold or triple as contrast with introduce rate all the more most likely and that is additionally the reason that bitcoin is more superior to gold.
full member
Activity: 462
Merit: 100
November 28, 2017, 08:42:15 AM
Bitcoin has now exceeded the gold price, is the choice of bitcoin or gold?

until now, i will choose bitcoin than gold because bitcoin is easy to earn than gold. for bitcoin, if we want to earn bitcoin, we can do by free by playing faucet but for gold, we need to buy it. so bitcoin is cheap and almost without spend any money to earn. so this is the chance for peoples in out there to collect bitcoin.

Indeed, access to get bitcoin is easier nowadays and seems faster/instantly transaction.
Imagine you have $1500 and want to buy gold, how much time and effort to get it? Compare to bitcoin than.
Both of it has high value to store our wealth of course but bitcoin is being trend for now which could double your money in few months
it is true the benefits of bitcoin is to make transactions easily, for example when wanting to send money abroad, we can do it ourselves at home and do not need a third party to do it. for now I prefer bitcoin than gold.
hero member
Activity: 3010
Merit: 794
November 28, 2017, 08:42:01 AM
Bitcoin has now exceeded the gold price, is the choice of bitcoin or gold?

It not only has gone beyond gold price but Bitcoin itself is right now more valuable than Visa (The credit card company)
Great days are awaiting bitcoin users, as the price is about to reach is story best mark over 10.000$ USD @current preev rate.
Yes bitcoin become more interesting and valuable than other because it can give a good profit in a short period of time and also it increases it's price that other can't do.
This is why it makes it special among others when it comes into investment side which bitcoin can really give how many folds of possible profits when the price do hits up on certain ranges.Since this thread is almost a year old and price of bitcoin as of now is already 10k which is x more than on the amount of gold if we do try to compare them but well no matter which thing we do these both things are really good for long term.
member
Activity: 140
Merit: 16
November 28, 2017, 08:35:56 AM
Bitcoin is technically just a number of units of Satoshi that we arbitrarily call "a Bitcoin". In reality, any amount of Bitcoin is Bitcoin
sr. member
Activity: 364
Merit: 267
November 28, 2017, 08:32:18 AM
Bitcoin has now exceeded the gold price, is the choice of bitcoin or gold?
It not only has gone beyond gold price but Bitcoin itself is right now more valuable than Visa (The credit card company)
Great days are awaiting bitcoin users, as the price is about to reach is story best mark over 10.000$ USD @current preev rate.
Yes bitcoin become more interesting and valuable than other because it can give a good profit in a short period of time and also it increases it's price that other can't do.
That is one of the things that made bitcoin so much better than anything else because it gives you a lot of opportunity on how you'll use your money. It only shows that bitcoin has more potential than the other because a lot of people is engaging in bitcoin that is why the demand is going up which results to a higher value for bitcoin.
member
Activity: 112
Merit: 10
November 28, 2017, 08:11:49 AM
I would say yes, bitcoin has exceeded gold's value. Bitcoin is now more expensive compared to gold if we are talking about even one gold bar. Plus the fact that the price of bitcoin is increasing everymonth, with a projected market cap of 100k usd, then for sure in terms of growth and value bitcoin exceeds gold.
full member
Activity: 518
Merit: 100
November 28, 2017, 07:09:50 AM
Yes Bitcoin had already exceeded the price of gold and i believe that it's price will become higher in the future it can also encash 24 hours if we need money while gold can be transact only at daytime
full member
Activity: 736
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
November 28, 2017, 03:19:49 AM
Bitcoin has now exceeded the gold price, is the choice of bitcoin or gold?

It not only has gone beyond gold price but Bitcoin itself is right now more valuable than Visa (The credit card company)
Great days are awaiting bitcoin users, as the price is about to reach is story best mark over 10.000$ USD @current preev rate.
Yes bitcoin become more interesting and valuable than other because it can give a good profit in a short period of time and also it increases it's price that other can't do.
full member
Activity: 462
Merit: 100
November 28, 2017, 02:51:01 AM
Bitcoin has now exceeded the gold price, is the choice of bitcoin or gold?
I would probably choose the bitcoin since i already know the capabilities of it as the time pass by and it's easy to sell even in the middle of the night. I cannot deny the fact that gold value increases just like bitcoin which proved a lot of progress. Since i am using gadgets with internet, bitcoin is the best .
You are right buddy as we all know what benefits that bitcoin will gives us. And also we know that it is more faster to earn money especially if you want to earn big time. Bitcoin is pretty much more better than gold now a days.
full member
Activity: 308
Merit: 100
November 28, 2017, 02:50:55 AM
Bitcoin has now exceeded the gold price, is the choice of bitcoin or gold?

It not only has gone beyond gold price but Bitcoin itself is right now more valuable than Visa (The credit card company)
Great days are awaiting bitcoin users, as the price is about to reach is story best mark over 10.000$ USD @current preev rate.
member
Activity: 182
Merit: 10
November 28, 2017, 02:49:06 AM
Bitcoin has now exceeded the gold price, is the choice of bitcoin or gold?
I would probably choose the bitcoin since i already know the capabilities of it as the time pass by and it's easy to sell even in the middle of the night. I cannot deny the fact that gold value increases just like bitcoin which proved a lot of progress. Since i am using gadgets with internet, bitcoin is the best .
legendary
Activity: 1932
Merit: 1273
November 28, 2017, 02:46:15 AM
I would choose gold since its value has always been maintained and appreciates in value and you can actually get a hold of it.
That is why many people still trusting gold rather bitcoin, and bitcoin is lack of stability, it's more volatile than gold, that's why some investors prefer gold over bitcoin. Although the volatility of the bitcoin is decreasing every year and at 2016 almost as volatile as oil, I believe the bitcoin prices will stabilize when everyone is already well-understood bitcoin as financial assets, so when that happens, bitcoin can compete for gold for stability.
member
Activity: 222
Merit: 11
Create Your Decentralized Life
November 28, 2017, 02:39:00 AM
I think bitcoin will hit 50 or 60 000 dollars, its very possible !
Well, that is possible at the rate bitcoin is going and who knows what it is going to be like in just a few years from this time. We started with a little bit lower than a thousand dollar at the beginning of this year and then we already have it at close to $8000 just in how many months. There are so many possibilities with bitcoin as the adoption keeps increasing and that is a value that can easily be passed in the long run.
People of the current era believe in fast earning and this opportunity provides only bitcoin. Actually, bitcoin and gold are in race being an asset of the world but bitcoin price has gone so much high than gold that’s why now people taking interest in bitcoin instead of gold and prefer bitcoin for holding being a future asset.

Due to extreme people’s interest the price of bitcoin is growing day by day and gold loss his value in this race. It is reality that both are assets of the future but bitcoin is much valuable.
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