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Topic: Bitcoin has gone beyond gold prices - page 5. (Read 8479 times)

full member
Activity: 137
Merit: 100
October 10, 2017, 11:25:14 PM
Sure price of bitcoin now going sky rocket above and higher than gold, bitcoin price influence by market demand of bitcoin by the way bitcoin stock was limited so when market demand going high than price bitcoin will follow demmand of bitcoin.
full member
Activity: 1148
Merit: 158
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October 10, 2017, 11:17:10 PM
Bitcoin has gone far ahead of gold as an investment tool due to its unique advantages. When we buy gold, we have to make additional arrangements for its safety like safe, bank locker etc. As bitcoin comes in a secured digital form  no additional security is required. There is always a chance of getting cheated from the seller of gold. In bitcoin trade both buyer & sellers are verified and secured. Gold prices get fluctuated by external factors like dollar prices or by any bad international event. Bitcoins are far less volatile as compaired. Still people believe in traditional ways of investments. It will be much wise to invest in these both modes.

I agree, gold is really a hot item so when you have this then you should be worry with your life.
Yeah it's tangible and many want to touch and see their investment but the thing is having this requires a lot of safeties and security as mentioned above. That unlike bitcoin, nobody knows if you hold some and how many do you have. Its anonymity makes everyone get attracted to invest and its increasing value makes everyone giggles.
newbie
Activity: 13
Merit: 0
October 10, 2017, 11:13:51 PM
Bitcoin has now exceeded the gold price, is the choice of bitcoin or gold?

Yes, we can argue about the importance of bitcoin over gold due to its cheaper pricing and bigger savings and all. But we always have to consider that gold is better long term as its value does not depreciate and if the internet shuts down it can be still used.

Isnt there a lot more paper gold than actual gold tho?
hero member
Activity: 1372
Merit: 503
October 10, 2017, 11:09:10 PM
Bitcoin has now exceeded the gold price, is the choice of bitcoin or gold?

Yes, we can argue about the importance of bitcoin over gold due to its cheaper pricing and bigger savings and all. But we always have to consider that gold is better long term as its value does not depreciate and if the internet shuts down it can be still used.
sr. member
Activity: 658
Merit: 251
October 10, 2017, 10:28:36 PM
Bitcoin has now exceeded the gold price, is the choice of bitcoin or gold?
it really bener if the bitcoin price exceeds the price of gold.dan if I think if you want to invest with a long range that mending in gold gan if I personally. for example if the investment in bitcoin it is very risky if for a long time gan .. .

Yeah that is true. I can say that is one of the reason why many people are now preferring bitcoin than gold. I can say that the bitcoin will become more valuable in the future and many investors will come in the cryptocurrency world.
full member
Activity: 157
Merit: 100
October 10, 2017, 07:47:08 PM
Bitcoin has gone far ahead of gold as an investment tool due to its unique advantages. When we buy gold, we have to make additional arrangements for its safety like safe, bank locker etc. As bitcoin comes in a secured digital form  no additional security is required. There is always a chance of getting cheated from the seller of gold. In bitcoin trade both buyer & sellers are verified and secured. Gold prices get fluctuated by external factors like dollar prices or by any bad international event. Bitcoins are far less volatile as compaired. Still people believe in traditional ways of investments. It will be much wise to invest in these both modes.
along with that I will also add that it is the initial stage of bitcoin and there is a large part of the world in which people have not yet adopted it so you think if bitcoin reached to these people and they all start to work and adopt bitcoin for their businesses then the price of bitcoin will increase much more than the current price. The current investors will be much more rich with their stored bitcoin.
sr. member
Activity: 612
Merit: 250
October 09, 2017, 01:55:12 PM
Bitcoins price is great investment compared to gold as gold has stable market which are good for people who think for long term investment but bitcoins has volatile nature which are good for both long and short term investment thus has attracted many users and investors.Bitcoins will rise even more as it is getting popular and it's demand is increasing.
Bitcoin is growing damn faster now a day and there is no doubt in this fact that bitcoin is going to be the future currency of the world. People are even leaving their day jobs for bitcoin because bitcoin is giving them more chances of earning money that too just by sitting t home. Bitcoin is the legend of digital currencies and it has successfully beaten gold.
Yes the bitcoin is growing faster as compare to the other investments. The value and the price of the bitcoin grows with the investing and the power and the price increasing, in a lot of the countries people are now investing in the bitcoin only and they left the gold and the other investment for the sake of the bitcoin only. It is easy to keep for the long time because of the bitcoin wallets while the gold is not easy to hold safely for the long time.
sr. member
Activity: 588
Merit: 257
October 09, 2017, 07:26:09 AM
Bitcoin has gone far ahead of gold as an investment tool due to its unique advantages. When we buy gold, we have to make additional arrangements for its safety like safe, bank locker etc. As bitcoin comes in a secured digital form  no additional security is required. There is always a chance of getting cheated from the seller of gold. In bitcoin trade both buyer & sellers are verified and secured. Gold prices get fluctuated by external factors like dollar prices or by any bad international event. Bitcoins are far less volatile as compaired. Still people believe in traditional ways of investments. It will be much wise to invest in these both modes.
hero member
Activity: 1148
Merit: 523
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October 09, 2017, 07:02:21 AM
Bitcoins price is great investment compared to gold as gold has stable market which are good for people who think for long term investment but bitcoins has volatile nature which are good for both long and short term investment thus has attracted many users and investors.Bitcoins will rise even more as it is getting popular and it's demand is increasing.
Bitcoin is growing damn faster now a day and there is no doubt in this fact that bitcoin is going to be the future currency of the world. People are even leaving their day jobs for bitcoin because bitcoin is giving them more chances of earning money that too just by sitting t home. Bitcoin is the legend of digital currencies and it has successfully beaten gold.

You are Obviously  Right.Many start to quite their their job to get more bitcoin by doing Bitcoin related things to earn more dollars.Such as Trading of bitcoin when the price is high and Mining.Now itself the price of bitcoin is greater than the value of Gold.You may check the price of 4 grams of gold to 1 BTC.By this you will know the Answer.
sr. member
Activity: 686
Merit: 277
October 09, 2017, 06:56:48 AM
Bitcoins price is great investment compared to gold as gold has stable market which are good for people who think for long term investment but bitcoins has volatile nature which are good for both long and short term investment thus has attracted many users and investors.Bitcoins will rise even more as it is getting popular and it's demand is increasing.
Bitcoin is growing damn faster now a day and there is no doubt in this fact that bitcoin is going to be the future currency of the world. People are even leaving their day jobs for bitcoin because bitcoin is giving them more chances of earning money that too just by sitting t home. Bitcoin is the legend of digital currencies and it has successfully beaten gold.
sr. member
Activity: 477
Merit: 501
October 04, 2017, 06:31:23 AM
I belive to invest  to bitcoin and i belive bitcoin price will be higher in the future and i think Gold will not let me make more money if i invest to it more than bitcoin , I think bitcoin is true choose for to make more money because of,  i will stay in bitcoin and i will invest to bitcoin .
such a mean to comparing bitcoin with gold. there is no camparision of both are different from each other and in the term of investment purpose bitcoin is way better than gold and you can see the grown of it last year and you can compare the growth of both and see the difference by their own. the difference is just that gold will be seen physically but bitcoin is not.
sr. member
Activity: 504
Merit: 251
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October 04, 2017, 06:19:25 AM
Bitcoin is the gold of the 21st century. Investment wise it is probably a good idea to invest heavily into bitcoin as it is a very profitable market just now however gold is physical and still stands to be a relatively strong investment.
full member
Activity: 448
Merit: 102
October 04, 2017, 06:05:10 AM
It appears the bitcoin price continues its bullish path which started during the second half of 2016. Although there have been a few stumbles along the way, bitcoin continues to set higher prices every month. It is evident other traditional assets have a problem keeping up with the bitcoin trend right now. Gold has been stumbling a bit as well, even though it will always have a specific appeal to investors worldwide. While this heavy resistance is trying to disrupt bitcoin’s price gains, one thing has become obvious. Bitcoin is currently more valuable than one ounce of gold. Although this may seem like a silly comparison to financial experts, it goes to show there is a legitimate demand for bitcoin, whereas interest in gold continues to wane as time progresses. It is not impossible the gold price will show some bullish signs along the way as well, although all eyes are on bitcoin for the time being.
There is no doubt that bitcoin have successfully beaten gold and the biggest investors of the gold industry are switching to bitcoin which is helping bitcoin a lot in the development of bitcoin market around the globe. I don’t thinks o there is anymore any comparison of bitcoin and gold. People are now not using gold anymore for saving their wealth.
full member
Activity: 161
Merit: 100
October 01, 2017, 06:58:41 PM
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: 518
Merit: 250
Presale is live!
October 01, 2017, 06:55:33 PM
This is been the case for a long, long time. It surpassed gold prices back in 2014, I believe. And gold is not even $2,000/ounce right now. hahaha!
hero member
Activity: 980
Merit: 507
October 01, 2017, 04:58:51 PM
A splendid record broken by bitcoin, maybe this will open people's eyes who don't use bitcoin and accuse utter bull shit about bitcoin. For some reason I am not a very big fan of gold and I choose bitcoin any day compared to gold.  People buy gold to show off most of the time and I feel that gold is overrated. Whereas it's not the same case when it comes to bitcoin and bitcoin can give me more profit than gold I believe.
sr. member
Activity: 443
Merit: 250
October 01, 2017, 04:44:32 PM
Bitcoin has now exceeded the gold price, is the choice of bitcoin or gold?
It really doesn't matter whether or not Bitcoin has a high price than gold, because both have their own niches they fill and neither of them have any characteristics (when it comes to value control) that they perform equally. Gold is a great tangible source of wealth storage and will likely retain a majority of its value for a long time, especially considering it can be used in manufacturing. Bitcoin is a great speculative asset, and has very high value because everyone can invest in it in some capacity.
Indeed, I do not see any market can has a ratio high speculative as Bitcoin and it happens very fast. Especial is the ICO market, a promising project can made a raised funds with million dollars easy in few hours, example KIN ICO recently.
hero member
Activity: 1582
Merit: 520
October 01, 2017, 04:21:18 PM
I belive to invest  to bitcoin and i belive bitcoin price will be higher in the future and i think Gold will not let me make more money if i invest to it more than bitcoin , I think bitcoin is true choose for to make more money because of,  i will stay in bitcoin and i will invest to bitcoin .
legendary
Activity: 1218
Merit: 1007
October 01, 2017, 04:12:00 PM
Bitcoin has now exceeded the gold price, is the choice of bitcoin or gold?
It really doesn't matter whether or not Bitcoin has a high price than gold, because both have their own niches they fill and neither of them have any characteristics (when it comes to value control) that they perform equally. Gold is a great tangible source of wealth storage and will likely retain a majority of its value for a long time, especially considering it can be used in manufacturing. Bitcoin is a great speculative asset, and has very high value because everyone can invest in it in some capacity.
hero member
Activity: 1134
Merit: 500
October 01, 2017, 03:56:14 PM
Related to this topic, how it should have seen the California Gold Rush but changing the gold with bitcoin?? We have miners, speculation, investors and so on... but still, bitcoin it seems to be a bit more shiny than the gold pepita.
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