Bitcoin has gone beyond gold prices

[wxa7115]

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

If we are talking about the possibility to make a good amount of money then this is a no contest bitcoin is the only viable choice, gold is great if you are already comfortable with the amount of money you have and you want to protect against inflation, but if you want to earn money bitcoin is the right choice.

[xypos]

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.

It is not true in my opinion, you may compare bitcoin to gold because if such an asset is so expensive, i think that you can just say "bitcoin is a digital gold".
After all, it is not the right choice to invest in both, bitcoin and gold. It is still only up to an investor or trader, because going with money into any of these assets is dependant on the play style of the particular user.

For example, if someone is a good day-trader, and is capable of earning decent money on a small fluctuations, then bitcoin is a very good choice for such a person.
But if someone is looking for an asset with reduced risk, which is rather long-term and the one with the price constantly rising: then a gold is a better idea.

I dont think you can say that any one of these is better, both are simply great for investing purposes!

[Hypnosis00]

This is the topic that created since the first ATH and we all know that the first ATH was already surpassed again by another one and that is a great news for bitcoin and for those investors or holders because they can expect more pumps in the price and it can be doubled by the end of the year which will make the gold price left in the dust.

[digaran]

Who are we fooling here? I mean it come on please, we all know that gold is much more valuable and better than not only bitcoin but every other currency, assets, commodity etc.
Though bitcoin could be considered better than gold in some other ways such as being completely digital.
Being able to move it/transfer it at any given time across the globe and very much cheaper.
Gold is much more stable with steady growth and very hard to earn something good from it while bitcoin has these fluctuations which makes it ideal for daily trading and earning a few grands easily if you got the balls to risk your money and if you have the money in the first place.
Also gold doesn't have people like Jihan Wu and Roger Ver and that is something I am willing to be involved with more than bitcoin lol.

[darthmaul]

In temrs of value, profits and business bitcoin is always best than gold. In terms of daily usage gold is fat away from comparison with bitcoin. Bitcoin has its own advantages while gold os having its own. It is all about perspective pf each and every person using the gold and bitcoin in their own way. Bitcoin might have exeeded the market value of gold but gols still stands with stubborn attitude in the world as popular one. Some day it might happen that bitcoin is way bigger than gold in every aspect. However, is just about everyones peespective. 

[Qartersa]

In temrs of value, profits and business bitcoin is always best than gold. In terms of daily usage gold is fat away from comparison with bitcoin. Bitcoin has its own advantages while gold os having its own. It is all about perspective pf each and every person using the gold and bitcoin in their own way. Bitcoin might have exeeded the market value of gold but gols still stands with stubborn attitude in the world as popular one. Some day it might happen that bitcoin is way bigger than gold in every aspect. However, is just about everyones peespective. 

The problem I see here is that bitcoin is still not as widely accepted as gold. But if you analyze both assets, you will see that bitcoins have quite a lot more uses than gold. As gold can only be used for jewelries and some other minor things. But bitcoins has evolved to be an effective currency that can easily be transferred from person to person.

[jak3]

bitcoin is always an best choose for the long term investment. It was already decided by many bitcoiners when bitcoin price started its competition with gold. right now its scale is further most ahead and unto the end of 2017 the price can reach 2000$ as said by some popular elite members of trading group.We sure should buy some bitcoins as they are really going to the moon

[Aikonio]

bitcoin is always an best choose for the long term investment. It was already decided by many bitcoiners when bitcoin price started its competition with gold. right now its scale is further most ahead and unto the end of 2017 the price can reach 2000$ as said by some popular elite members of trading group.We sure should buy some bitcoins as they are really going to the moon

The price is possible and competes with gold, but bitcoin is not a stable currency and investments for a longer period are more dangerous than gold.

[grermezter]

bitcoin is always an best choose for the long term investment. It was already decided by many bitcoiners when bitcoin price started its competition with gold. right now its scale is further most ahead and unto the end of 2017 the price can reach 2000$ as said by some popular elite members of trading group.We sure should buy some bitcoins as they are really going to the moon

The price is possible and competes with gold, but bitcoin is not a stable currency and investments for a longer period are more dangerous than gold.

I totally agree with your premise even though bitcoins is going higher and higher, at the end its a currency and when maybe the market of the world economy tanks, its going to be affected as well. Gold on the other hand is very stable and to me is the best option for long term investment.

[iv4n]

bitcoin is always an best choose for the long term investment. It was already decided by many bitcoiners when bitcoin price started its competition with gold. right now its scale is further most ahead and unto the end of 2017 the price can reach 2000$ as said by some popular elite members of trading group.We sure should buy some bitcoins as they are really going to the moon

The price is possible and competes with gold, but bitcoin is not a stable currency and investments for a longer period are more dangerous than gold.

I totally agree with your premise even though bitcoins is going higher and higher, at the end its a currency and when maybe the market of the world economy tanks, its going to be affected as well. Gold on the other hand is very stable and to me is the best option for long term investment.

Gold is safe investment, and in long term your money won't lose value, maybe you will accumulate some profit. With bitcoins risk is higher, but in long term bitcoin can bring huge profit. That is old story, if you are rich and you nerd to choose safe place to keep that fortune gold is good choice, but if your goal is to get rich in the future bitcoin is much better choice. Rich people have advantage here, they can save their money in gold, but they also can spend some money on bitcoins and wait them to grow.

[n0ne]

bitcoin is always an best choose for the long term investment. It was already decided by many bitcoiners when bitcoin price started its competition with gold. right now its scale is further most ahead and unto the end of 2017 the price can reach 2000$ as said by some popular elite members of trading group.We sure should buy some bitcoins as they are really going to the moon

The price is possible and competes with gold, but bitcoin is not a stable currency and investments for a longer period are more dangerous than gold.

It is not dangerous, the investment through bitcoin has increased risk than investment through gold because of the volatility as well the growth experiencd in a very short time period. Several times it has gone beyond the price of a single ounce of gold but haven't stayed for a long. This time too it has crossed the value and can expect to be staying for a longer time period.

[pseexh]

bitcoin is always an best choose for the long term investment. It was already decided by many bitcoiners when bitcoin price started its competition with gold. right now its scale is further most ahead and unto the end of 2017 the price can reach 2000$ as said by some popular elite members of trading group.We sure should buy some bitcoins as they are really going to the moon

The price is possible and competes with gold, but bitcoin is not a stable currency and investments for a longer period are more dangerous than gold.

I totally agree with your premise even though bitcoins is going higher and higher, at the end its a currency and when maybe the market of the world economy tanks, its going to be affected as well. Gold on the other hand is very stable and to me is the best option for long term investment.

Gold is safe investment, and in long term your money won't lose value, maybe you will accumulate some profit. With bitcoins risk is higher, but in long term bitcoin can bring huge profit. That is old story, if you are rich and you nerd to choose safe place to keep that fortune gold is good choice, but if your goal is to get rich in the future bitcoin is much better choice. Rich people have advantage here, they can save their money in gold, but they also can spend some money on bitcoins and wait them to grow.

In the event of war, when the Internet is disconnected, bitcoin will lose all its value, and gold will remain gold. Therefore, it is still more profitable to invest in it.

[Snorek]

In the event of war, when the Internet is disconnected, bitcoin will lose all its value, and gold will remain gold. Therefore, it is still more profitable to invest in it.

If we will see some kind of global conflict in the future then your best investment in that case should be food rations, water and armored shelter.

Not gold, other precious metals or stones, fiat money or any kind of cryptocurrency. Realistically lack of internet will take you back to the Stone Age.

If you are worried that war is serious eventuality then Bitcoin is not for you, so pile up your gold bars and wait in your shelter for Armageddon.

[mindrust]

Who are we fooling here? I mean it come on please, we all know that gold is much more valuable and better than not only bitcoin but every other currency, assets, commodity etc.
Though bitcoin could be considered better than gold in some other ways such as being completely digital.
Being able to move it/transfer it at any given time across the globe and very much cheaper.
Gold is much more stable with steady growth and very hard to earn something good from it while bitcoin has these fluctuations which makes it ideal for daily trading and earning a few grands easily if you got the balls to risk your money and if you have the money in the first place.
Also gold doesn't have people like Jihan Wu and Roger Ver and that is something I am willing to be involved with more than bitcoin lol.

Exactly.

When the shit hits the fan, it is gold that everybody's gonna want to have. Not 1's and 0's, not papers, not credit cards, not bonds. But GOLD.

We are in a bull run with crypto now, the good old "everything is awesome" phase. Everybody's making money even the dumbest dude. The balloon keeps taking in air because there are much more FIAT printed which shouldn't have existed. Those FIAT are looking for an exit. They are creating bubbles. They did it with Bitcoin, they did it with SNAP, Angry birds and so on.

If they keep printing money like that we will end up like the people in this movie: "Idiocracy"

[izanagi narukami]

In the event of war, when the Internet is disconnected, bitcoin will lose all its value, and gold will remain gold. Therefore, it is still more profitable to invest in it.

If we will see some kind of global conflict in the future then your best investment in that case should be food rations, water and armored shelter.

Not gold, other precious metals or stones, fiat money or any kind of cryptocurrency. Realistically lack of internet will take you back to the Stone Age.

If you are worried that war is serious eventuality then Bitcoin is not for you, so pile up your gold bars and wait in your shelter for Armageddon.

IMO it's wise enough to convert bitcoin into gold if major disaster happen espcially bitcoin reach another high value at the moment $ 1.400 ( preev)
I'm usually invest on bitcoin from my main salary and spend about 10% and when I sell my bitcoin , I'm bought gold and/ dollar for another investment

[djordjamayna]

I would buy gold better with my bitcoins because gold is constant and is a material thing. Bitcoin can drop

[sergeyzol]

I would buy gold better with my bitcoins because gold is constant and is a material thing. Bitcoin can drop

I agree. But for quick income you can use bitcoin, because its price can rise much faster than gold.

[k@suy]

In the event of war, when the Internet is disconnected, bitcoin will lose all its value, and gold will remain gold. Therefore, it is still more profitable to invest in it.

If we will see some kind of global conflict in the future then your best investment in that case should be food rations, water and armored shelter.

Not gold, other precious metals or stones, fiat money or any kind of cryptocurrency. Realistically lack of internet will take you back to the Stone Age.

If you are worried that war is serious eventuality then Bitcoin is not for you, so pile up your gold bars and wait in your shelter for Armageddon.

IMO it's wise enough to convert bitcoin into gold if major disaster happen espcially bitcoin reach another high value at the moment $ 1.400 ( preev)
I'm usually invest on bitcoin from my main salary and spend about 10% and when I sell my bitcoin , I'm bought gold and/ dollar for another investment

That is good,from bitcoin, you invest gold. Two good investments where you can grow your assets more. Gold is stable and even if you lose, you can mint your gold into something valuable. Bitcoin on the other hand seems continue to grow, good news to all bitcoin holder.

[v1ryspro]

In the event of war, when the Internet is disconnected, bitcoin will lose all its value, and gold will remain gold. Therefore, it is still more profitable to invest in it.

If we will see some kind of global conflict in the future then your best investment in that case should be food rations, water and armored shelter.

Not gold, other precious metals or stones, fiat money or any kind of cryptocurrency. Realistically lack of internet will take you back to the Stone Age.

If you are worried that war is serious eventuality then Bitcoin is not for you, so pile up your gold bars and wait in your shelter for Armageddon.

IMO it's wise enough to convert bitcoin into gold if major disaster happen espcially bitcoin reach another high value at the moment $ 1.400 ( preev)
I'm usually invest on bitcoin from my main salary and spend about 10% and when I sell my bitcoin , I'm bought gold and/ dollar for another investment

That is good,from bitcoin, you invest gold. Two good investments where you can grow your assets more. Gold is stable and even if you lose, you can mint your gold into something valuable. Bitcoin on the other hand seems continue to grow, good news to all bitcoin holder.

At the moment, these two investments are the most popular and very profitable. I keep money in gold and in bitcoin, it's very promising and helps to protect myself from losing money.

[wxa7115]

Who are we fooling here? I mean it come on please, we all know that gold is much more valuable and better than not only bitcoin but every other currency, assets, commodity etc.
Though bitcoin could be considered better than gold in some other ways such as being completely digital.
Being able to move it/transfer it at any given time across the globe and very much cheaper.
Gold is much more stable with steady growth and very hard to earn something good from it while bitcoin has these fluctuations which makes it ideal for daily trading and earning a few grands easily if you got the balls to risk your money and if you have the money in the first place.
Also gold doesn't have people like Jihan Wu and Roger Ver and that is something I am willing to be involved with more than bitcoin lol.

Gold may not have people like that but it has even bigger bullies in the form of governments  and banks with absurd amounts of gold, so while gold seems to be better as a store of value and it is  you must not forget there are also groups of people that can manipulate the price as they see fit.