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Topic: Bitcoin has gone beyond gold prices - page 6. (Read 8479 times)

sr. member
Activity: 392
Merit: 257
October 01, 2017, 03:43:31 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.
hero member
Activity: 728
Merit: 502
October 01, 2017, 02:00:55 PM
The current condition of bitcoin has a price of around $ 3200, gold price is much cheaper around $1200 (XAU-USD), there is the possibility of bitcoin prices will still increase the selling price.

To be honest at the moment I am also a bit confused with the choice because as we all know bitcoin is a digital product, very vulnerable to maintain the digital asset product.

Currently I only allocate my money to the world of crypto assets about 30% of my income. In hopes the price will increase, but I can not allocate 40-80% of my income cryake asset because I can not use crypto as payment.

If payments using bitcoin are already accepted everywhere, I will allocate my earnings about 70%
The earning of the bitcoin is very easy now and it is the right time to make it easy. The price of the bitcoin will grow definitely. Bitcoin currency is making the whole world earn money not only mine. The price of the bitcoin is increasing with the increase of the people who are using bitcoin. Currency of the bitcoin wills the future of earning.
full member
Activity: 350
Merit: 100
September 30, 2017, 04:11:40 PM
Yes bitcoin totally soars high and if i'm given a chance to select, I prefer both because bitcoin could rise up in a short span of time and it also falls down rapidly, whereas Gold has already historical background of its stability and durability, From the earliest civilization until present Gold still very consistent of its value and whenever i go, Gold are already recognized globally and widely used by people, Bitcoin had limited areas to access, not all locations are reached by internet connections.
newbie
Activity: 44
Merit: 0
September 30, 2017, 03:10:14 PM
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.
hero member
Activity: 798
Merit: 500
September 30, 2017, 10:49:43 AM
Bitcoin has now exceeded the gold price, is the choice of bitcoin or gold?

Let’s compare the growth of both commodities. How many years it took for gold to reach this level and on the other hand we have witnessed how many years it took for bitcoin to reach this level. The picture speaks itself, and I see a tremendous growth in next 5 to 10 years (even if the price falls to $800) and while looking for the long term, it’s always a good scenario from my perspective.
If we are going to compare the price of bitcoin and gold in terms of development and growth we could actually see that bitcoin experience a big development and growth in terms of its price within a short period of years and time. And we all know that bitcoin also suffers on the ups and downs on the market industry which make it as a better crypto-currency that we could ever compare before. So the thing is we could assure that what ever bitcoin give us, we could assure its development and growth in the future.
full member
Activity: 658
Merit: 103
September 30, 2017, 10:21:33 AM
Bitcoin has now exceeded the gold price, is the choice of bitcoin or gold?
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: 222
Merit: 100
September 30, 2017, 09:51:48 AM
I still choose both, because gold and bitcoin have their respective advantages. gold and bitcoin are the same I use as my investment. and I also like gold and bitcoin.
full member
Activity: 434
Merit: 102
September 30, 2017, 09:27:18 AM
The current condition of bitcoin has a price of around $ 3200, gold price is much cheaper around $1200 (XAU-USD), there is the possibility of bitcoin prices will still increase the selling price.

To be honest at the moment I am also a bit confused with the choice because as we all know bitcoin is a digital product, very vulnerable to maintain the digital asset product.

Currently I only allocate my money to the world of crypto assets about 30% of my income. In hopes the price will increase, but I can not allocate 40-80% of my income cryake asset because I can not use crypto as payment.

If payments using bitcoin are already accepted everywhere, I will allocate my earnings about 70%
Don’t worry; soon the bitcoins are going to legal around the globe leaving people in great joy. I also think that acceptance of bitcoins as payments by local retailers will increase the interest in the bitcoins leading to more investments. I appreciate your belief in bitcoins and wish you great future with bitcoins.
That is yet to be seen. Bitcoins could even be banned by all countries for all we know. It is indeed the future, but what is futuristic is the idea of bitcoins and bitcoins itself can be replaced by something else like governments creating their own cryptocurrency that would replace their fiat currency so that they would get rid of paper money. That could be the next big thing for all we know.
agree.. something like that could happen. i assume that the government wont set aside this matters, and to think that it already exceeds the price of gold, someday the government will take action i guess, and then next thing its either they will accept or ban it depending on the situation, or maybe you are right they will make their own version of crypto to upgrade the fiats the we are currently using.
This is much true it worth more than gold in previous days and then it dump and now gaining it position back and it will be good to see it back at its position and will give a lot of profit to the investors and any of businessmen are getting into crypto so that they can earn more,
newbie
Activity: 45
Merit: 0
September 29, 2017, 10:58:59 PM
Bitcoin is more attractive than gold to investors even before the SEC cast its vote on the ETF. It is evident the era of digital assets is upon us, and bitcoin will play a prominent role in the process. All eyes are on the cryptocurrency world right now, even though no one knows for sure where the price chart will be heading next. These are exciting times for the bitcoin community, that much is certain. 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.
full member
Activity: 532
Merit: 101
September 29, 2017, 03:44:33 AM
You prefer to buy more btc, but there is a possibility that the price is high or the price is rising, that is the nature of the bitcoin, on the other side you have to pay $ 1200 for a coin, so the dump is created with the same one. Whales can buy bitcoin for 800-1000 dollars and can now repeat the process from last week, pumping and then pouring. thank you !
I would like to thank you for sharing your precious opinion. The explanation you have given is pretty correct and what I have inferred from this is that whether bitcoins are in dumping phase or pumping, we should not give up on them especially dur9ng hard times of bitcoins, otherwise all profit will go to whales.
full member
Activity: 177
Merit: 100
September 20, 2017, 12:38:11 PM
The current condition of bitcoin has a price of around $ 3200, gold price is much cheaper around $1200 (XAU-USD), there is the possibility of bitcoin prices will still increase the selling price.

To be honest at the moment I am also a bit confused with the choice because as we all know bitcoin is a digital product, very vulnerable to maintain the digital asset product.

Currently I only allocate my money to the world of crypto assets about 30% of my income. In hopes the price will increase, but I can not allocate 40-80% of my income cryake asset because I can not use crypto as payment.

If payments using bitcoin are already accepted everywhere, I will allocate my earnings about 70%
Don’t worry; soon the bitcoins are going to legal around the globe leaving people in great joy. I also think that acceptance of bitcoins as payments by local retailers will increase the interest in the bitcoins leading to more investments. I appreciate your belief in bitcoins and wish you great future with bitcoins.

That is yet to be seen. Bitcoins could even be banned by all countries for all we know. It is indeed the future, but what is futuristic is the idea of bitcoins and bitcoins itself can be replaced by something else like governments creating their own cryptocurrency that would replace their fiat currency so that they would get rid of paper money. That could be the next big thing for all we know.
agree.. something like that could happen. i assume that the government wont set aside this matters, and to think that it already exceeds the price of gold, someday the government will take action i guess, and then next thing its either they will accept or ban it depending on the situation, or maybe you are right they will make their own version of crypto to upgrade the fiats the we are currently using.
full member
Activity: 420
Merit: 101
Earn crypto for being contacted
August 11, 2017, 02:12:13 AM
For now the bitcoin price exceeds the price of gold, the price is very remarkable for bitcoin, but in my opinion even though bitcoin price exceeds gold price, sometimes bitcoin price is unstable while gold price keeps stable so even though bitcoin price goes beyond gold. , I prefer Invest for gold ..
 what do you think?
sr. member
Activity: 392
Merit: 250
August 10, 2017, 10:23:18 AM
Bitcoin has now exceeded the gold price, is the choice of bitcoin or gold?
I would chose bitcoin only since gold investment is almost idle when compared to bitcoin investment which could give huge returns.Bitcoins could be easily transferred from one place to other place all over the world but gold could not be done like that.We cold store bitcoins just in our wallets with private keys kept safely but gold could not be easily saved.
hero member
Activity: 868
Merit: 535
August 06, 2017, 03:47:56 PM
The current condition of bitcoin has a price of around $ 3200, gold price is much cheaper around $1200 (XAU-USD), there is the possibility of bitcoin prices will still increase the selling price.

To be honest at the moment I am also a bit confused with the choice because as we all know bitcoin is a digital product, very vulnerable to maintain the digital asset product.

Currently I only allocate my money to the world of crypto assets about 30% of my income. In hopes the price will increase, but I can not allocate 40-80% of my income cryake asset because I can not use crypto as payment.

If payments using bitcoin are already accepted everywhere, I will allocate my earnings about 70%
Don’t worry; soon the bitcoins are going to legal around the globe leaving people in great joy. I also think that acceptance of bitcoins as payments by local retailers will increase the interest in the bitcoins leading to more investments. I appreciate your belief in bitcoins and wish you great future with bitcoins.

That is yet to be seen. Bitcoins could even be banned by all countries for all we know. It is indeed the future, but what is futuristic is the idea of bitcoins and bitcoins itself can be replaced by something else like governments creating their own cryptocurrency that would replace their fiat currency so that they would get rid of paper money. That could be the next big thing for all we know.
hero member
Activity: 826
Merit: 502
August 06, 2017, 03:22:18 PM
The current condition of bitcoin has a price of around $ 3200, gold price is much cheaper around $1200 (XAU-USD), there is the possibility of bitcoin prices will still increase the selling price.

To be honest at the moment I am also a bit confused with the choice because as we all know bitcoin is a digital product, very vulnerable to maintain the digital asset product.

Currently I only allocate my money to the world of crypto assets about 30% of my income. In hopes the price will increase, but I can not allocate 40-80% of my income cryake asset because I can not use crypto as payment.

If payments using bitcoin are already accepted everywhere, I will allocate my earnings about 70%
Don’t worry; soon the bitcoins are going to legal around the globe leaving people in great joy. I also think that acceptance of bitcoins as payments by local retailers will increase the interest in the bitcoins leading to more investments. I appreciate your belief in bitcoins and wish you great future with bitcoins.
hero member
Activity: 884
Merit: 500
August 06, 2017, 12:32:58 PM
The current condition of bitcoin has a price of around $ 3200, gold price is much cheaper around $1200 (XAU-USD), there is the possibility of bitcoin prices will still increase the selling price.

To be honest at the moment I am also a bit confused with the choice because as we all know bitcoin is a digital product, very vulnerable to maintain the digital asset product.

Currently I only allocate my money to the world of crypto assets about 30% of my income. In hopes the price will increase, but I can not allocate 40-80% of my income cryake asset because I can not use crypto as payment.

If payments using bitcoin are already accepted everywhere, I will allocate my earnings about 70%
newbie
Activity: 47
Merit: 0
August 06, 2017, 12:16:00 PM
At the rate at which people are taking part in bitcoin. I believe that bitcoin will exceed gold during gold time.
sr. member
Activity: 420
Merit: 255
May 23, 2017, 07:58:39 AM
Hopes that people laid on bitcoin is very high. Now we have a situation when demand for bitcoin is fueled by the expectation of growth of its price. The scarcity of bitcoins will gradually decline and sooner or later it will lead to a drop in its price. Gold seems to me more pragmatic, but at the moment gold is at maximum and I doubt that the price will grow.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
May 23, 2017, 07:50:59 AM
That's a good news, day by day Bitcoin is getting bigger and powerful in the monetary term, to become a global currency it should focus on its quality enhancement and assurance of stability of price.
I think, in this way, Bitcoin will dominate in the monetary sector and will become a global currency in future.

well not really dominate but will be highly relevant in the near future I think. this price hike is just an indication of what bitcoin can offer to society who has access to it and I think more and more people realize that hence the surge in demand and the price. gold will be gold whatever happens but surely it is bitcoin's time now
sr. member
Activity: 742
Merit: 250
May 21, 2017, 01:59:43 AM
The price of BItcoin has outstripped the price of gold, suggesting that Bitcoin is developing very strongly and its potential is enormous. At the present time, investing in Bitcoin is clearly beneficial because its value is very high and is expected to increase further. Moreover, Bitcoin can also earn, it is also considered a real currency rather than virtual currency. But gold is a traditional investment, it has a long history, although its price is lower than BItcoin but it is quite stable. In addition to investing gold can be used as jewelry, many investors are still choosing gold. I think that both gold and Bitcoin are good, have their own values
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