Bitcoin has gone beyond gold prices

[virusasog]

Bitcoin has now exceeded the gold price, is the choice of bitcoin or gold?

Now bitcoin prices have fallen, but I will still choose bitcoin, because its price volatility, we can earn profits from, of course this is not a simple transaction, you need to have enough vision and knowledge.

But still the exchanges like Localbitcoins still the traders from the site providing good value the bitcoins. Its obviously best time to sell it out now also. If you wish have plan for later you could hold it.

[shield132]

Bitcoin has now exceeded the gold price, is the choice of bitcoin or gold?

It absolutely depends on how seriously you are going to save money. If you like extrem than buy btc but also there is high possibility of price down or price rise up, it's nature of bitcoin. Gold is for more serious money saving because it's more stable and behind money, it's gold and it was like that centuries ago.

[roomfirst]

Bitcoin has now exceeded the gold price, is the choice of bitcoin or gold?

It's too early to say that. The price of bitcoin is really unstable, if 1 whale sell all their bitcoins, it will affect the bitcoins price like 2-3 days ago. I still prefer choose gold, because the price of gold is stable and even the price going down, it's only the small one not like bitcoin that can easily down.

[mastica]

Bitcoin has now exceeded the gold price, is the choice of bitcoin or gold?

It's too early to say that. The price of bitcoin is really unstable, if 1 whale sell all their bitcoins, it will affect the bitcoins price like 2-3 days ago. I still prefer choose gold, because the price of gold is stable and even the price going down, it's only the small one not like bitcoin that can easily down.

Looks like some whale has sold a big of the coins he had, but if you see for other side you were paying 1100 dollars for 1 bitcoin, soo with the dump created the same whale can buy bitcoin for 800-900 dollars, and now can repeat the process from the last week, pump and then dump. Gold as i know doesnt offer such potencial as bitcoin to make easy and fast money, only if you play forex with it, and its a high risk.

[dearbesz1219]

Bitcoin has now exceeded the gold price, is the choice of bitcoin or gold?

Yes I do agreed, that bitcoin exceeded the gold price, I know for the bitcoin enthusiast of course we choose the reason why we are here. we will continue what we had started here. I mean hold and keep it while waiting for the right time again.

[X-ray]

Bitcoin has now exceeded the gold price, is the choice of bitcoin or gold?

It's too early to say that. The price of bitcoin is really unstable, if 1 whale sell all their bitcoins, it will affect the bitcoins price like 2-3 days ago. I still prefer choose gold, because the price of gold is stable and even the price going down, it's only the small one not like bitcoin that can easily down.

But what if government suddenly banning the distribution of the gold? it will become worthless for sure, if you're worrying something that's actually not exist, it's pointless, both gold and bitcoin have some factors that could cause both price to falling, it's just don't make sense worrying things like that

[marcoman22]

Bitcoin is my choice.Gold has been in existence for more centuries when compared to bitcoin which has just crossed 7 years of its initial stage. But still bitcoin is worth and it has given huge returns for its holders.Unlike gold,Bitcoin can be easily sent to any parts of the world instantly.Bitcoin price is expected to go beyond $2000 by the end of 2017.

[shualingfa]

Bitcoin has now exceeded the gold price, is the choice of bitcoin or gold?

Bitcoin inherited the advantages of gold, but also overcome the drawbacks of gold, and is a programmable currency, in line with the development of the Internet era. Regardless of whether the price of bitcoin beyond gold, I will choose bitcoin.

[Factmine]

Bitcoin has now exceeded the gold price, is the choice of bitcoin or gold?

Bitcoin inherited the advantages of gold, but also overcome the drawbacks of gold, and is a programmable currency, in line with the development of the Internet era. Regardless of whether the price of bitcoin beyond gold, I will choose bitcoin.

But if bitcoins prices crash, there is no point in holding it unlike gold which is globally accepted and will take a while before people forget about it. This is an inherent problem with bitcoins as it has no physical form anyone can hold and no actual use outside of being a currency. Unlike gold which has both physical use and real world uses such as making jewelry and even computer parts.

[noel2123]

It looks like other cryptocurrencies, we cannot say when does bitcoin will be gone. We all know that bitcoin is just only a virtual money. We all say that bitcoin will be gone sooner, or bitcoin will be legal. We cannot predict what will be the future of bitcoin. We will not know the future of gold and bitcoins.

[densuj]

Bitcoin has now exceeded the gold price, is the choice of bitcoin or gold?

It's too early to say that. The price of bitcoin is really unstable, if 1 whale sell all their bitcoins, it will affect the bitcoins price like 2-3 days ago. I still prefer choose gold, because the price of gold is stable and even the price going down, it's only the small one not like bitcoin that can easily down.

Yes i agree with your opinion, and bitcoins has gone beyond gold price
but users gold more much than users bitcoins.
that is why golds price is more stable than bitcoins price,
wait until many people who use bitcoins on their real life will become bitcoins price be stable.

[jakelyson]

Bitcoin has now exceeded the gold price, is the choice of bitcoin or gold?

It's too early to say that. The price of bitcoin is really unstable, if 1 whale sell all their bitcoins, it will affect the bitcoins price like 2-3 days ago. I still prefer choose gold, because the price of gold is stable and even the price going down, it's only the small one not like bitcoin that can easily down.

But what if government suddenly banning the distribution of the gold? it will become worthless for sure, if you're worrying something that's actually not exist, it's pointless, both gold and bitcoin have some factors that could cause both price to falling, it's just don't make sense worrying things like that

Governments will not ban gold, they use gold. It is like banning their own currency.

You have to accept the truth that bitcoin is still volatile, has still has a lot of space for improvements and can still be manipulated by whales. The good news is, a lot of people are starting to invest into it. So, in the near future it will not be that much of a concern. But it is still now. Bitcoin can reach the price of gold now, but gold still has more value than bitcoin. Only time can tell if bitcoin can really overtake gold in value.

[szpalata]

Bitcoin has now exceeded the gold price, is the choice of bitcoin or gold?

Yes I do agreed, that bitcoin exceeded the gold price, I know for the bitcoin enthusiast of course we choose the reason why we are here. we will continue what we had started here. I mean hold and keep it while waiting for the right time again.

For now it's wise to choose bitcoins over gold but as a strategic investor you should know when to switch from one commodity to the other to maximize your profits. I would have most of my investments in Bitcoin at the moment if I was a full time investor but I will study and know when to buy gold.

[burner2014]

So far in my life I do have both, but if I am to choose between two I always prefer bitcoin. Bitcoin has been helpful in our daily life to pay bills and with the help of bitcoin I can trade and withdraw anytime I want with paper less transaction. I wish I could have more bitcoin since bitcoin is rarer than gold, we just have limited number of bitcoin so its price will increase as the demand continue to rise. 

[Factmine]

So far in my life I do have both, but if I am to choose between two I always prefer bitcoin. Bitcoin has been helpful in our daily life to pay bills and with the help of bitcoin I can trade and withdraw anytime I want with paper less transaction. I wish I could have more bitcoin since bitcoin is rarer than gold, we just have limited number of bitcoin so its price will increase as the demand continue to rise. 

Paperless transactions are really nice. I also like bitcoins because of that, another is that I can monitor how much my money is which is better than checking your wallet or checking your bank account if it has money. In bitcoin, it's really easy to manage your finances also you don't have to worry about having to store it in a bank and paying for fees when you use it.

[KennyR]

So far in my life I do have both, but if I am to choose between two I always prefer bitcoin. Bitcoin has been helpful in our daily life to pay bills and with the help of bitcoin I can trade and withdraw anytime I want with paper less transaction. I wish I could have more bitcoin since bitcoin is rarer than gold, we just have limited number of bitcoin so its price will increase as the demand continue to rise. 

Paperless transactions are really nice. I also like bitcoins because of that, another is that I can monitor how much my money is which is better than checking your wallet or checking your bank account if it has money. In bitcoin, it's really easy to manage your finances also you don't have to worry about having to store it in a bank and paying for fees when you use it.

Those are features which make people to use bitcoin than the traditional banking or other virtual currencies. When its been compared with gold, the popularity that gold has got is really big as well it has a physical form which makes it a trusted investment. Now the potential of bitcoin is experienced by several gold users and started investing in terms of bitcoin. So probably can expect a big support for bitcoin soon, also price of bitcoin is quite good that it can be defragment into small portion and invested similar to gold.

[bit1]

So far in my life I do have both, but if I am to choose between two I always prefer bitcoin. Bitcoin has been helpful in our daily life to pay bills and with the help of bitcoin I can trade and withdraw anytime I want with paper less transaction. I wish I could have more bitcoin since bitcoin is rarer than gold, we just have limited number of bitcoin so its price will increase as the demand continue to rise. 

Paperless transactions are really nice. I also like bitcoins because of that, another is that I can monitor how much my money is which is better than checking your wallet or checking your bank account if it has money. In bitcoin, it's really easy to manage your finances also you don't have to worry about having to store it in a bank and paying for fees when you use it.

Those are features which make people to use bitcoin than the traditional banking or other virtual currencies. When its been compared with gold, the popularity that gold has got is really big as well it has a physical form which makes it a trusted investment. Now the potential of bitcoin is experienced by several gold users and started investing in terms of bitcoin. So probably can expect a big support for bitcoin soon, also price of bitcoin is quite good that it can be defragment into small portion and invested similar to gold.

Affirmative, gold is a tangible value that can be touched in addition to its apparent beauty maybe that's one of the main reasons why it's so expensive, the above  together with that it has become very difficult to extract due to the high cost mainly,  have placed it in a shelter of value par excellence, in the case of BTC it's intangible, resembles more to a class of service, and facilitates certain transactions enormously as well as uniting certain areas in the area of technology and finances, there is still no point of comparison between the two, since gold has long been a valuable instrument but the outlook could change more in the future, who knows.

[Electra01]

Bitcoin > Gold

Bitcoin you can sell 24 hours a day. Would be very difficult to sell gold in the middle of the night 

Yes it's true I'm 100% agree with you. Gold is less liquidate asset than Bitcoin that is why Bitcoin should not be called an asset it should be called money or currency and it is 100% liquidate just like cash. If we store gold in bank locker than it will be not accessible at midnight but Bitcoin can be used whenever you want to use, only requirement to use Bitcoin is you need a digital device like mobile, computer etc and internet connection to access Bitcoin fund.     

I disagree with this. Bitcoin does not have higher liquidity than gold. To quote Investopedia "Liquidity describes the degree to which an asset or security can be quickly bought or sold in the market without affecting the asset's price". Gold's daily volume has seen $20 billion USD which is higher than Bitcoin's total market cap. If you try to buy Bitcoin with all of gold's daily volume I think the BTC/USD rate would fly to $100,000 in one day maybe even more as Bitcoin only has $100 million daily volume. I hope someone tries this in fact.

In terms of accessibility, where I live, gold still wins. Bitcoin/fiat exchanges I have access to have huge differences between buy and sell prices as well as ridiculous commissions. However, I can easily buy and sell gold with an online bank account 24 hours a day at a reasonable rate.

[canah17]

Bitcoin has now exceeded the gold price, is the choice of bitcoin or gold?

Really? Wow! that's really great news i really got motivated to earn more bitcoins well my choice is bitcoin because bitcoin is easy to achieve unlike the gold it's tough to find one single pebble of gold but in bitcoin you can just earn from it by working and it will exceed to much greater income in the near future and starts to get big of a deal to internet and to the world bitcoins is the most powerful in this era i know gold is very real and bitcoin is just a programmed code but in this era technologies rule and bitcoin is happiness

[topesis]

I don't think there should be need for comparing the prices of Gold and Bitcoin at all. I know this will generate media attention, but for me I will still pick Gold ahead of Bitcoin because of the fundamentals behind it and more than 5000yrs of history as store of value