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Author Topic: Bitcoin has gone beyond gold prices  (Read 8430 times)
markyminer
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January 24, 2017, 02:49:57 PM
Last edit: January 25, 2017, 12:12:02 AM by markyminer
 #81

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
every one has their own decision, to me i think yes choosing gold is a good decision but only for saving purpose, as you can save your investment in gold for a long time. your investment will be more safe. but gold cannot increase your investment, if you want to have some income from your investment then you need to choose bitcoin, because bitcoin can even turn double your investment in a very very short period of time.

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DrGuns4Hands
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January 24, 2017, 03:04:44 PM
 #82

If I'm gonna choose on both i will pick gold. well besides it has a good attraction and great fashion when you put it as an accessories. its increases its value every year too .that's why buying a gold is the most and primary suggested to put your investment too. because the price of the gold will never decrease because gold is a minerals that can found on our world and having a couple of gold you could sell it on some collectors of item .
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January 24, 2017, 03:19:15 PM
 #83

Every one knows gold has more value than BTC because mining gold will always be harder than bitcoin.
Many people know nothing about molecular structure of gold, it has 118 neutrons aligned in a way that blocks microwave and radiation, that's why it is used in space industry.
But honestly bitcoin is the gold of crypto and I'd rather have BTC than gold because I can convert it into fiat more easily.
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January 24, 2017, 03:31:34 PM
 #84

Every one knows gold has more value than BTC because mining gold will always be harder than bitcoin.
Many people know nothing about molecular structure of gold, it has 118 neutrons aligned in a way that blocks microwave and radiation, that's why it is used in space industry.
But honestly bitcoin is the gold of crypto and I'd rather have BTC than gold because I can convert it into fiat more easily.

How did you come up that gold is harder to mine? Bitcoins are quite hard to mine nowadays that you can't even solo mine it with just your PC. You would need specialized equipment to mine bitcoins similar to gold. It doesn't involve digging the ground but it needs a lot of hardware and electricity.
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January 25, 2017, 06:34:44 AM
 #85

Every one knows gold has more value than BTC because mining gold will always be harder than bitcoin.
Many people know nothing about molecular structure of gold, it has 118 neutrons aligned in a way that blocks microwave and radiation, that's why it is used in space industry.
But honestly bitcoin is the gold of crypto and I'd rather have BTC than gold because I can convert it into fiat more easily.

How did you come up that gold is harder to mine? Bitcoins are quite hard to mine nowadays that you can't even solo mine it with just your PC. You would need specialized equipment to mine bitcoins similar to gold. It doesn't involve digging the ground but it needs a lot of hardware and electricity.

Well if we are talking about digging in gold and mining bitcoin through powerful PC i could say that gold is harder because you need a heavy equiptment to do it and you know that it cost a lot , the land space the contructors and others . But in bitcoin you cost also a lot for building a pc and because of the halving recently it is difficult to mine.
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February 21, 2017, 02:33:11 PM
 #86

Bitcoin has now exceeded the gold price, is the choice of bitcoin or gold?
I choose Bitcoin because you can earn by playing faucet. And the price of the Bitcoin keeps rising
But to have gold you have spend money before you have it.
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February 21, 2017, 02:48:45 PM
 #87

Bitcoin price will pass 1,200$ in this month and it can break the gold price in next some days.
I like to hold bitcoin at this time and maybe in this year. I expect it can hit 2,000$ at the end of year 2017.
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February 21, 2017, 02:57:41 PM
 #88

the choice is bitcoin. in my country gold is quite difficult to be protected, probably because it is a physical good. unlike bitcoin which we can save without paying some thing to protect it because it is invisible, so it will be difficult to find it (for some people here)

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February 21, 2017, 03:35:08 PM
 #89

Bitcoin price will pass 1,200$ in this month and it can break the gold price in next some days.
I like to hold bitcoin at this time and maybe in this year. I expect it can hit 2,000$ at the end of year 2017.
When bitcoin will hit $2000 this year then what it will do in 2018 and why not we plan for keep on holding for ever ?

I believe outnumbering gold price is just the beginning of another era of bitcoin. It is going to scale many other peaks. If you do not want to go out of race, keep holding bitcoins and try to use it instead of selling it.
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February 21, 2017, 03:37:47 PM
 #90

If I'm gonna choose on both i will pick gold. well besides it has a good attraction and great fashion when you put it as an accessories. its increases its value every year too .that's why buying a gold is the most and primary suggested to put your investment too. because the price of the gold will never decrease because gold is a minerals that can found on our world and having a couple of gold you could sell it on some collectors of item .

I think the price of bitcoin will appreciate faster than the gold. So it is better to invest in bitcoin.
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February 21, 2017, 04:30:07 PM
 #91

If I'm gonna choose on both i will pick gold. well besides it has a good attraction and great fashion when you put it as an accessories. its increases its value every year too .that's why buying a gold is the most and primary suggested to put your investment too. because the price of the gold will never decrease because gold is a minerals that can found on our world and having a couple of gold you could sell it on some collectors of item .

I think the price of bitcoin will appreciate faster than the gold. So it is better to invest in bitcoin.

that is kind of an obvious statement about bitcoin versus gold!
bitcoin obviously is still new and it needs to be adopted over time and there are lots of people who has not yet found out about bitcoin and adopt it soon.

but at the same time, gold has a more stable price and also doesn't have the risk of bitcoin when its price may go down.

There is a FOMO brewing...
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February 21, 2017, 04:36:03 PM
 #92

If I'm gonna choose on both i will pick gold. well besides it has a good attraction and great fashion when you put it as an accessories. its increases its value every year too .that's why buying a gold is the most and primary suggested to put your investment too. because the price of the gold will never decrease because gold is a minerals that can found on our world and having a couple of gold you could sell it on some collectors of item .

I think the price of bitcoin will appreciate faster than the gold. So it is better to invest in bitcoin.

that is kind of an obvious statement about bitcoin versus gold!
bitcoin obviously is still new and it needs to be adopted over time and there are lots of people who has not yet found out about bitcoin and adopt it soon.

but at the same time, gold has a more stable price and also doesn't have the risk of bitcoin when its price may go down.

Gold is not useful in the era of information. It will start losing more and more appeal, as new generations learn about bitcoin, they will easily accept bitcoin and couldn't care less about having gold, only low IQ idiots will keep buying gold chains just for aesthetics.

Real usage is on bitcoin.
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February 21, 2017, 05:09:12 PM
 #93

Bitcoin has now exceeded the gold price, is the choice of bitcoin or gold?
At this point I would have to say BTC. However, it depends on your strategy. If your looking long hold, I would still stick with gold. However, if you are a day trader, I would say BTC has a better volatility which would allow for better swing positions.
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February 21, 2017, 05:28:34 PM
 #94

Gold price is still higher than bitcoin.There is something to consider regarding gold and bitcoin prices.There are strong expectations that Fed will rise rates,dollar is rising,so why gold is not going down,usually if dollar rise gold is going down,similar situation was before 2008 crisis

 
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February 24, 2017, 11:28:35 AM
 #95

Gold price is still higher than bitcoin.There is something to consider regarding gold and bitcoin prices.There are strong expectations that Fed will rise rates,dollar is rising,so why gold is not going down,usually if dollar rise gold is going down,similar situation was before 2008 crisis

It is possible the bitcoin price will be 50% higher than gold in 6 months.
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February 24, 2017, 11:34:28 AM
 #96

Yehey I think everyone who are using bitcoin is so happy about it,
I mean they were supporting bitcoin even if the price were still at low .

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February 24, 2017, 11:47:07 AM
 #97

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

It's amazing though, the price of bitcoin is keep increasing since last month and exceeded the golds' price. Actually i prefer on gold because many people already know about gold and gold is more popular than bitcoin. But bitcoin's price keep goes up and i think, i will pick bitcoin someday. I'm afraid though, the price of bitcoin will goes down someday.


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February 24, 2017, 02:08:37 PM
 #98

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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February 24, 2017, 03:35:39 PM
 #99

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!
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February 24, 2017, 05:12:52 PM
 #100

- 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


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