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Topic: Bitcoin value tops gold for first time - page 2. (Read 1132 times)

full member
Activity: 222
Merit: 101
March 08, 2017, 09:41:45 PM
#9
sure but such volatility reduces the adoption potential of bitcoin... most people prefer a stable value (or of course a continuous increase Wink)

The nice thing is volatility has been going down over time. Bitcoin is still a relatively small market, but as we keep adding billions to the market cap the price will become more stable.
UDC
member
Activity: 83
Merit: 10
https://UDC.world
March 08, 2017, 09:23:06 PM
#8
sure but such volatility reduces the adoption potential of bitcoin... most people prefer a stable value (or of course a continuous increase Wink)
hero member
Activity: 2464
Merit: 519
March 08, 2017, 05:31:36 PM
#7
That is what bitcoin can do, watching all news claim of bitcoin over riding gold but just not up to a week. The volatility is what we deal with and as well enjoy while trading. The dump is not for long but why compare with gold, looking at its stable price over the years. Gold is gold and bitcoin is bitcoin
sr. member
Activity: 1498
Merit: 271
DGbet.fun - Crypto Sportsbook
March 08, 2017, 05:12:49 PM
#6
As per BBC news update
A unit of the digital cryptocurrency Bitcoin has exceeded the value of an ounce of gold for the first time.
It closed at $1,268 on Thursday while a troy ounce of gold stood at $1,233.

Read more http://www.bbc.com/news/business-39149475

This was a very impressive feet achieved by Bitcoin and we are all proud if being part of this community. We hope our investments in Bitcoin will keep yielding productive results for all of us.

It would be better if Bitcoin would have stayed above gold value.  But it was short lived because at this moment Bitcoin is under gold value due to the dump yesterday and I think it was still happening at this moment since it had recovered and then  go down to sub $1200 again.
sr. member
Activity: 756
Merit: 253
March 08, 2017, 03:25:17 PM
#5
As per BBC news update
A unit of the digital cryptocurrency Bitcoin has exceeded the value of an ounce of gold for the first time.
It closed at $1,268 on Thursday while a troy ounce of gold stood at $1,233.

Read more http://www.bbc.com/news/business-39149475

This was a very impressive feet achieved by Bitcoin and we are all proud if being part of this community. We hope our investments in Bitcoin will keep yielding productive results for all of us.
sr. member
Activity: 1498
Merit: 271
DGbet.fun - Crypto Sportsbook
March 08, 2017, 03:22:25 PM
#4
As per BBC news update
A unit of the digital cryptocurrency Bitcoin has exceeded the value of an ounce of gold for the first time.
It closed at $1,268 on Thursday while a troy ounce of gold stood at $1,233.

Read more http://www.bbc.com/news/business-39149475

Seems this news had been delayed.  Bitcoin value had top golds but not anymore.  There is a minor dump yesterday that brings Bitcoin value to 1050 in coinbase, recovered and now it is araound $1160+.  Let us see if the decision of ETF will push Bitcoin pass gold value once more and stay with it.
sr. member
Activity: 1246
Merit: 255
Leading Crypto Sports Betting & Casino Platform
March 08, 2017, 02:24:38 PM
#3
Already the price has dropped below the price of gold. Gold price top have decreased a little. This looks like the decrease phase has started.
sr. member
Activity: 476
Merit: 501
March 08, 2017, 02:06:15 PM
#2
Old news, and the price has dropped.

It's just a psychological price/unit comparison. There is tons of gold nethermind ounces. Market cap would be a better comparison.

Typically BBC, can't mention bitcoin without mentioning silk road.
newbie
Activity: 32
Merit: 0
March 08, 2017, 01:28:46 PM
#1
As per BBC news update
A unit of the digital cryptocurrency Bitcoin has exceeded the value of an ounce of gold for the first time.
It closed at $1,268 on Thursday while a troy ounce of gold stood at $1,233.

Read more http://www.bbc.com/news/business-39149475
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