What will happen when BTC and Gold hits parity?

[pooya87]

gold and bitcoin aren't really directly connected,  so apart from the news and possibly lots of media coverage nothing serious is going to happen. but that is not a small thing. it means lots of attention and since it is a positive attention, makes it good and it can lead to more people coming in and price going even higher.

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[1715095425]

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[1715095425]

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[bitjoin]

There are about 210,000,000 kg of gold in the world.
And so, 1 BTC is comparable to 10 Kg of gold.

Perfect, this is how we calculate parity.

So thats like $300k or $400k per BTC for parity i think. It will be funny to see how the media will bend this to the price per ounce like its even relevant.

[BitcoinPC]

Well, now i have no enough information about Gold, but so far as i know bitcoin can't bear the gold and gold can't bear the bitcoin. Because both are investment ways, both give us a lot of profit from different kind of people. So if gold suddenly down, so it doesn't matter, because many time gold suddenly down and on the other time, it is up, and same situation is here in bitcoin, sometime bitcoin price down and on the other day bitcoin going up. So i don't think that, it mean Bitcoin beat the Gold.