Bitcoin has gone beyond gold prices

[valta4065]

- 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

Well I still doubt btc can replace gold...
It's just not the same purpose. BTC is useless as fuck when you think about it ^^
While gold still has some real use and value even if limited.

[avikz]

Each investment asset has its pros and cons. So for some people, gold will be the preferred investment and for some,it will be bitcoin. However, in terms of popularity, Gold will definitely win. But on the other hand, if you compare the rate of return bitcoin offer in past one year, Gold investors can't think of it.

So, I believe in keeping a good mix of Gold and bitcoin in your kitty just to be one the safer side. Gold price is somewhat stable and there are less chance of loosing money if you invest in gold. Bitcoin price is very dynamic that, it can offer you the best return as well as it can fetch you losses if you are a short term investors. So it is wise to have both and don't compare.

[soul-impact]

- 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

Well I still doubt btc can replace gold...
It's just not the same purpose. BTC is useless as fuck when you think about it ^^
While gold still has some real use and value even if limited.

How can you use gold in physical world apart from considering it as a type of investment? Bitcoin is more awesome since it can be both investment and currency. Many people have heard about Bitcoin and start learning it. Soon, Bitcoin will replace gold with its awesome features and people will ignore gold forever

[Drago2016]

- 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

Well I still doubt btc can replace gold...
It's just not the same purpose. BTC is useless as fuck when you think about it ^^
While gold still has some real use and value even if limited.

How can you use gold in physical world apart from considering it as a type of investment? Bitcoin is more awesome since it can be both investment and currency. Many people have heard about Bitcoin and start learning it. Soon, Bitcoin will replace gold with its awesome features and people will ignore gold forever

It may happen, but not soon. Bitcoin is known only to a small percentage of people. Still too early to say that Bitcoin can displace gold

[s0nicwall]

Hard to consider between these two considering how different they are, Regardless. This is a great milestone for BTC and even more amazing when you consider how it was valued in cents few years ago making the rise in gold seems insignificant (the dips in price are not like gold too though, lol)

[severaldetails]

I do not think that it makes much sense to compare the price of one bitcoin with the price of gold.
Gold is a physical good, while bitcoin is not. They have nothing in common.
The only thing they are similar in is the fact that they both can be a form of investment, where both have their advantages and disadvantages..
But comparing them in price is useless.

[craked5]

- 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

Well I still doubt btc can replace gold...
It's just not the same purpose. BTC is useless as fuck when you think about it ^^
While gold still has some real use and value even if limited.

How can you use gold in physical world apart from considering it as a type of investment? Bitcoin is more awesome since it can be both investment and currency. Many people have heard about Bitcoin and start learning it. Soon, Bitcoin will replace gold with its awesome features and people will ignore gold forever

hmm... Use as the metal maybe?
chemistry, industry, medicine...
Gold is extremely useful, not just beautiful
And there is also the part about jewelry

[BitMaxz]

- 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

Well I still doubt btc can replace gold...
It's just not the same purpose. BTC is useless as fuck when you think about it ^^
While gold still has some real use and value even if limited.

How can you use gold in physical world apart from considering it as a type of investment? Bitcoin is more awesome since it can be both investment and currency. Many people have heard about Bitcoin and start learning it. Soon, Bitcoin will replace gold with its awesome features and people will ignore gold forever

hmm... Use as the metal maybe?
chemistry, industry, medicine...
Gold is extremely useful, not just beautiful
And there is also the part about jewelry

And gold already made a coin before and use as currency.. unlike bitcoin that we have coins but we are not using it as currency and we are just collecting it.. bitcoin online will be just good as online currency payment for any services and payment for shopping online..
We are seeing that bitcoin is growing but it will not be physical in the future..

[bryant.coleman]

Hard to consider between these two considering how different they are, Regardless. This is a great milestone for BTC and even more amazing when you consider how it was valued in cents few years ago making the rise in gold seems insignificant (the dips in price are not like gold too though, lol)

A better way to look at it may be to compare the market cap. It is true that the value of Bitcoin has increased by 1 million times since its inception in 2009 (i.e from $0.001 per coin in 2009, to $1,200 per coin in 2017). But if you look at the market cap, the increase has been from $0 billion to $20 billion. On the other hand, the market cap of gold increased by around $4 trillion during the same period.

[Vorth]

It is good to know if so, because bitcoin is more good for investing now unlike gold, because you can really see on how much can earn daily in bitcoin even though it is not stable in price but the fluctuation of the value is really good now, unlike in gold it takes too much time to move on to another step of price increase, but then it is also good to invest in gold because it is an old way of investing material thing. And so better to know how much is the gap of bitcoin to gold.
Anyway, both are different to each other especially their visual matter and on how you spend it.

[Mbah Tyo]

now been proven right when the bitcoin price will exceed the price of gold, people who invest in bitcoin it will always be profitable because bitcoin prices will always go up every year, and therefore I would still choose to invest his bitcoin

[Leprikon]

Hard to consider between these two considering how different they are, Regardless. This is a great milestone for BTC and even more amazing when you consider how it was valued in cents few years ago making the rise in gold seems insignificant (the dips in price are not like gold too though, lol)

A better way to look at it may be to compare the market cap. It is true that the value of Bitcoin has increased by 1 million times since its inception in 2009 (i.e from $0.001 per coin in 2009, to $1,200 per coin in 2017). But if you look at the market cap, the increase has been from $0 billion to $20 billion. On the other hand, the market cap of gold increased by around $4 trillion during the same period.

Yes, you are right, it is very difficult to compare these assets. Gold has its own characteristics and its own Bitcoin. In fact, not very important is the fact that the price of Bitcoin has become the same as the price of gold

[noodle_dam]

But it has slide very low and now here we are.
I think it is the same price as silver now.

[AjithBtc]

But it has slide very low and now here we are.
I think it is the same price as silver now.

Though we slide down can expect the price to move forward. When it comes to gold we haven't gained trust similar to it. This makes gold as an unique investment and to profit without the risk involved as everything is completely under central authority with a valid backing.

[deadpoolx]

Hard to consider between these two considering how different they are, Regardless. This is a great milestone for BTC and even more amazing when you consider how it was valued in cents few years ago making the rise in gold seems insignificant (the dips in price are not like gold too though, lol)

A better way to look at it may be to compare the market cap. It is true that the value of Bitcoin has increased by 1 million times since its inception in 2009 (i.e from $0.001 per coin in 2009, to $1,200 per coin in 2017). But if you look at the market cap, the increase has been from $0 billion to $20 billion. On the other hand, the market cap of gold increased by around $4 trillion during the same period.

Good observation, I think that market capitalization is a better reflection of the conditions of the currency in the market, as this is what allows to correlate the number of coins in circulation with the price of the asset. If we analyze well, it is possible to realize that there is still a long way to go for Bitcoin.

[virasog]

I do not think that it makes much sense to compare the price of one bitcoin with the price of gold.
Gold is a physical good, while bitcoin is not. They have nothing in common.
The only thing they are similar in is the fact that they both can be a form of investment, where both have their advantages and disadvantages..
But comparing them in price is useless.

I guess it means of investment way, bitcoin to gold, they are both material to be invested and big profit in return on that afterwards.
And so it is not impossible this both thing can be compared because both are valuable and the price is not just a simple
joke to start on.

[pinkpanther03]

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

I was wondering why gold always compared into bitcoin? I asked it because they had a lot of differences especially in terms of payments online. And when it comes to volatility it is also different with it too.

[TravelMug]

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

I was wondering why gold always compared into bitcoin? I asked it because they had a lot of differences especially in terms of payments online. And when it comes to volatility it is also different with it too.

Nice question. I think they are being compared because the price of 1 oz of gold and 1 btc is almost the same. And others have said that its like comparing apples to oranges. I think they are being compared in terms of mining because both gold and bitcoin are limited in supply. That's the only comparison that I can think it between gold and bitcoin to my best of my knowledge.

[ajeef]

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

I was wondering why gold always compared into bitcoin? I asked it because they had a lot of differences especially in terms of payments online. And when it comes to volatility it is also different with it too.

Yes gold and bitcoin are different forms of investment and should not be compared with each other as one is physical and the other is digital and both are the best when it comes to an investment so the right choice would be to invest in both of them.

[ocid]

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

If this happens continuously, then I prefer the bitcoin compared to gold.
Because the price of bitcoin every day even every time can be changed.