After around 1 year 9 months, it is already ~ 1:3. 
...So, it is 3x the actual expectation 21 months ago. And, they said market is down! 
Topic: Will this be 1:1? (Read 841 times)
After around 1 year 9 months, it is already ~ 1:3.
Regardless of what you think, we are there! Bitcoin price per coin > gold price per ounce! 
also regardless of bitcoin price, bitcoin profit is >> gold profit as an investment, and that is most people forget when they watch the parity.
don't look at preev, bitcoin has surpassed gold already, gold is priced at $1241 per once, bitcoin is price at $1248 on some exchange, this make 1 btc more expensive than gold
Regardless of what you think, we are there! Bitcoin price per coin > gold price per ounce!
But we cant really compare both things coz they are really different they might be good on treating as an investment but every one of them has its potential and capabilities which didnt posses by one.
You can because what matters is what people use something for. They are indeed radically different but Bitcoin can potentially completely fulfil the purpose that gold has as a hedge and store of value, plus some extras on top. That being the case it is a valid comparison.
It is of course absolutely nowhere near that at present but who knows what the future holds?
Bitcoin has a lot of upside potential, but gold's upside is limited. Gold may rise a bit if world economies screw up, but nothing like what Bitcoin is capable of. 
But we cant really compare both things coz they are really different they might be good on treating as an investment but every one of them has its potential and capabilities which didnt posses by one.Now on the current price of bitcoin they are already equal to golds value. 
Bitcoin has a lot of upside potential, but gold's upside is limited. Gold may rise a bit if world economies screw up, but nothing like what Bitcoin is capable of.
I always planned to swap a few Bitcoins for Gold coins if we ever reached parity, but now that it actually could happen, I feel like I might be missing out on future bif Bitcoin rises if I swap into gold!
Yes. I've been thinking similarly. I don't rate gold as any type of investment myself but it would be fun to own a lump of it. Then again even if less than one BTC buys an ounce I think I'd grow to loathe it in the years to come. I'll wait for 0.05 per ounce.
Defiantly, it is only matter of time before bitcoin will reach gold parity, or even surpass it. Currently we have 2 options:
- ETF will be approved and it definitely happen withing week from 11 March
or
- this is to early for ETF. SEC won't approve it, which will force bitcoin into small decline and will have to wait for the price to resume upward trend.
- ETF will be approved and it definitely happen withing week from 11 March
or
- this is to early for ETF. SEC won't approve it, which will force bitcoin into small decline and will have to wait for the price to resume upward trend.
I like https://ounce.me/. It does look like parity will be reached this time.
I always planned to swap a few Bitcoins for Gold coins if we ever reached parity, but now that it actually could happen, I feel like I might be missing out on future bif Bitcoin rises if I swap into gold!
I still think Gold is a safer bet though, less volatile in both directions.
Regarding volatility I would definitely go for gold as to said it has less and much safer compared to bitcoin which is really great if you do have investment on xau too but considering fast pace profits then bitcoin does have advantage. I always planned to swap a few Bitcoins for Gold coins if we ever reached parity, but now that it actually could happen, I feel like I might be missing out on future bif Bitcoin rises if I swap into gold!
I still think Gold is a safer bet though, less volatile in both directions.
I like https://ounce.me/. It does look like parity will be reached this time.
I always planned to swap a few Bitcoins for Gold coins if we ever reached parity, but now that it actually could happen, I feel like I might be missing out on future bif Bitcoin rises if I swap into gold!
I still think Gold is a safer bet though, less volatile in both directions.
I always planned to swap a few Bitcoins for Gold coins if we ever reached parity, but now that it actually could happen, I feel like I might be missing out on future bif Bitcoin rises if I swap into gold!
I still think Gold is a safer bet though, less volatile in both directions.
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