Bitcoin has now exceeded the gold price, is the choice of bitcoin or gold?
I was wondering why gold always compared into bitcoin? I asked it because they had a lot of differences especially in terms of payments online. And when it comes to volatility it is also different with it too. 
Topic: Bitcoin has gone beyond gold prices - page 9. (Read 8490 times)
I do not think that it makes much sense to compare the price of one bitcoin with the price of gold.
Gold is a physical good, while bitcoin is not. They have nothing in common.
The only thing they are similar in is the fact that they both can be a form of investment, where both have their advantages and disadvantages..
But comparing them in price is useless.
Gold is a physical good, while bitcoin is not. They have nothing in common.
The only thing they are similar in is the fact that they both can be a form of investment, where both have their advantages and disadvantages..
But comparing them in price is useless.
I guess it means of investment way, bitcoin to gold, they are both material to be invested and big profit in return on that afterwards.
And so it is not impossible this both thing can be compared because both are valuable and the price is not just a simple
joke to start on.
Hard to consider between these two considering how different they are, Regardless. This is a great milestone for BTC and even more amazing when you consider how it was valued in cents few years ago making the rise in gold seems insignificant (the dips in price are not like gold too though, lol)
A better way to look at it may be to compare the market cap. It is true that the value of Bitcoin has increased by 1 million times since its inception in 2009 (i.e from $0.001 per coin in 2009, to $1,200 per coin in 2017). But if you look at the market cap, the increase has been from $0 billion to $20 billion. On the other hand, the market cap of gold increased by around $4 trillion during the same period.
But it has slide very low and now here we are.
I think it is the same price as silver now.
Though we slide down can expect the price to move forward. When it comes to gold we haven't gained trust similar to it. This makes gold as an unique investment and to profit without the risk involved as everything is completely under central authority with a valid backing. I think it is the same price as silver now.
But it has slide very low and now here we are.
I think it is the same price as silver now.
I think it is the same price as silver now.
Hard to consider between these two considering how different they are, Regardless. This is a great milestone for BTC and even more amazing when you consider how it was valued in cents few years ago making the rise in gold seems insignificant (the dips in price are not like gold too though, lol)
A better way to look at it may be to compare the market cap. It is true that the value of Bitcoin has increased by 1 million times since its inception in 2009 (i.e from $0.001 per coin in 2009, to $1,200 per coin in 2017). But if you look at the market cap, the increase has been from $0 billion to $20 billion. On the other hand, the market cap of gold increased by around $4 trillion during the same period.
Yes, you are right, it is very difficult to compare these assets. Gold has its own characteristics and its own Bitcoin. In fact, not very important is the fact that the price of Bitcoin has become the same as the price of gold
now been proven right when the bitcoin price will exceed the price of gold, people who invest in bitcoin it will always be profitable because bitcoin prices will always go up every year, and therefore I would still choose to invest his bitcoin
It is good to know if so, because bitcoin is more good for investing now unlike gold, because you can really see on how much can earn daily in bitcoin even though it is not stable in price but the fluctuation of the value is really good now, unlike in gold it takes too much time to move on to another step of price increase, but then it is also good to invest in gold because it is an old way of investing material thing. And so better to know how much is the gap of bitcoin to gold.
Anyway, both are different to each other especially their visual matter and on how you spend it.
Anyway, both are different to each other especially their visual matter and on how you spend it.
Hard to consider between these two considering how different they are, Regardless. This is a great milestone for BTC and even more amazing when you consider how it was valued in cents few years ago making the rise in gold seems insignificant (the dips in price are not like gold too though, lol)
A better way to look at it may be to compare the market cap. It is true that the value of Bitcoin has increased by 1 million times since its inception in 2009 (i.e from $0.001 per coin in 2009, to $1,200 per coin in 2017). But if you look at the market cap, the increase has been from $0 billion to $20 billion. On the other hand, the market cap of gold increased by around $4 trillion during the same period.
- It proves Bitcoin is a great guy, Bitcoin becoming a top choice for investment. "Bitcoin has now exceeded the gold price", this is something everyone has wanted, a product that can replace gold and paper money in the future. Well, I've heard that in the future, Bitcoin will combine with gold, i don't know it is right or wrong, but if true, it would be great for investors like me. Bitcoin will open up a whole new world, I hope for this too much
Well I still doubt btc can replace gold...
It's just not the same purpose. BTC is useless as fuck when you think about it ^^
While gold still has some real use and value even if limited.
chemistry, industry, medicine...
Gold is extremely useful, not just beautiful
And there is also the part about jewelry
We are seeing that bitcoin is growing but it will not be physical in the future..
- It proves Bitcoin is a great guy, Bitcoin becoming a top choice for investment. "Bitcoin has now exceeded the gold price", this is something everyone has wanted, a product that can replace gold and paper money in the future. Well, I've heard that in the future, Bitcoin will combine with gold, i don't know it is right or wrong, but if true, it would be great for investors like me. Bitcoin will open up a whole new world, I hope for this too much
Well I still doubt btc can replace gold...
It's just not the same purpose. BTC is useless as fuck when you think about it ^^
While gold still has some real use and value even if limited.
chemistry, industry, medicine...
Gold is extremely useful, not just beautiful
And there is also the part about jewelry
I do not think that it makes much sense to compare the price of one bitcoin with the price of gold.
Gold is a physical good, while bitcoin is not. They have nothing in common.
The only thing they are similar in is the fact that they both can be a form of investment, where both have their advantages and disadvantages..
But comparing them in price is useless.
Gold is a physical good, while bitcoin is not. They have nothing in common.
The only thing they are similar in is the fact that they both can be a form of investment, where both have their advantages and disadvantages..
But comparing them in price is useless.
Hard to consider between these two considering how different they are, Regardless. This is a great milestone for BTC and even more amazing when you consider how it was valued in cents few years ago making the rise in gold seems insignificant (the dips in price are not like gold too though, lol)
- It proves Bitcoin is a great guy, Bitcoin becoming a top choice for investment. "Bitcoin has now exceeded the gold price", this is something everyone has wanted, a product that can replace gold and paper money in the future. Well, I've heard that in the future, Bitcoin will combine with gold, i don't know it is right or wrong, but if true, it would be great for investors like me. Bitcoin will open up a whole new world, I hope for this too much
Well I still doubt btc can replace gold...
It's just not the same purpose. BTC is useless as fuck when you think about it ^^
While gold still has some real use and value even if limited.
It may happen, but not soon. Bitcoin is known only to a small percentage of people. Still too early to say that Bitcoin can displace gold
- It proves Bitcoin is a great guy, Bitcoin becoming a top choice for investment. "Bitcoin has now exceeded the gold price", this is something everyone has wanted, a product that can replace gold and paper money in the future. Well, I've heard that in the future, Bitcoin will combine with gold, i don't know it is right or wrong, but if true, it would be great for investors like me. Bitcoin will open up a whole new world, I hope for this too much
Well I still doubt btc can replace gold...
It's just not the same purpose. BTC is useless as fuck when you think about it ^^
While gold still has some real use and value even if limited.
Each investment asset has its pros and cons. So for some people, gold will be the preferred investment and for some,it will be bitcoin. However, in terms of popularity, Gold will definitely win. But on the other hand, if you compare the rate of return bitcoin offer in past one year, Gold investors can't think of it.
So, I believe in keeping a good mix of Gold and bitcoin in your kitty just to be one the safer side. Gold price is somewhat stable and there are less chance of loosing money if you invest in gold. Bitcoin price is very dynamic that, it can offer you the best return as well as it can fetch you losses if you are a short term investors. So it is wise to have both and don't compare.
So, I believe in keeping a good mix of Gold and bitcoin in your kitty just to be one the safer side. Gold price is somewhat stable and there are less chance of loosing money if you invest in gold. Bitcoin price is very dynamic that, it can offer you the best return as well as it can fetch you losses if you are a short term investors. So it is wise to have both and don't compare.
- It proves Bitcoin is a great guy, Bitcoin becoming a top choice for investment. "Bitcoin has now exceeded the gold price", this is something everyone has wanted, a product that can replace gold and paper money in the future. Well, I've heard that in the future, Bitcoin will combine with gold, i don't know it is right or wrong, but if true, it would be great for investors like me. Bitcoin will open up a whole new world, I hope for this too much
Well I still doubt btc can replace gold...
It's just not the same purpose. BTC is useless as fuck when you think about it ^^
While gold still has some real use and value even if limited.
- It proves Bitcoin is a great guy, Bitcoin becoming a top choice for investment. "Bitcoin has now exceeded the gold price", this is something everyone has wanted, a product that can replace gold and paper money in the future. Well, I've heard that in the future, Bitcoin will combine with gold, i don't know it is right or wrong, but if true, it would be great for investors like me. Bitcoin will open up a whole new world, I hope for this too much
This is the reason why bitcoin is one of the best option doing investment. If you are into short term investment like a few months or even years then bitcoin is the best choice because we can notice the big jump for the price just after a few months of waiting and now it passes the gold price and we are hoping for a little bit more. Skyrocket Bitcoin!
which certainly bitcoin, because this is a profitable investment, as prices and its market continues to grow, the market bitcoin enthusiasts are now on the increase, this is what makes me keep picking bitcoin
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