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Author Topic: When will BTC surpass Gold in price?  (Read 1782 times)
whizter
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February 20, 2017, 06:40:27 PM
 #41

IMO, at 2019 since bitcoin will reach another halving and I'm sure more investor interest on bitcoin especially Chinese people like they did on early year 2017
Bitcoin have hidden potential as investment , more than you can imagine !
yes i am also hopping so that in future the price of bitcoin will increase more and more because more and more people are entering in the world of bitcoin.

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manselr
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February 21, 2017, 04:10:58 PM
 #42

IMO, at 2019 since bitcoin will reach another halving and I'm sure more investor interest on bitcoin especially Chinese people like they did on early year 2017
Bitcoin have hidden potential as investment , more than you can imagine !

Lol in 2019 we will be at around $2,000++, we are just weeks away from reaching gold parity then to surpass it. Gold will keep stagnating as the useless piece of shit it is and bitcoin will keep growing by cold hard facts such as it being more useful than any other method to store and money wealth outside of the government control machine.

talikila
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February 21, 2017, 04:15:03 PM
 #43

IMO, at 2019 since bitcoin will reach another halving and I'm sure more investor interest on bitcoin especially Chinese people like they did on early year 2017
Bitcoin have hidden potential as investment , more than you can imagine !

Lol in 2019 we will be at around $2,000++, we are just weeks away from reaching gold parity then to surpass it. Gold will keep stagnating as the useless piece of shit it is and bitcoin will keep growing by cold hard facts such as it being more useful than any other method to store and money wealth outside of the government control machine.

I believe that it will surpass gold price in March, 2017. it's about 1,250$ or 1,280$ I think.
LittleBitFunny
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February 21, 2017, 04:27:21 PM
 #44

I don't think it's that relevant if Bitcoin surpasses gold in price because that won't make everyone suddenly think Bitcoin is a better stable asset to hold.  What's relevant is whether the market cap of Bitcoin surpasses the value of all gold in circulation, which will take a long time if it ever happens - and it's hard to say when Bitcoin's value objectively passes that of gold because while Bitcoin is a specific unit, gold is different as it could be a coin, a certain weight etc with different numbers of carats as well.

It's also about how volatile Bitcoin and gold prices are and spreading awareness about the benefits of Bitcoin as a non-physical asset.  People often invest in gold for stability when their currency is unstable, and those people need to be convinced that Bitcoin won't just disappear because they're not quite used to the idea of something which doesn't physically exist.  They also need to be informed about the benefits of being able to exchange it with any currency anywhere in the world as long as you have access to the Internet - you don't have to put the work into taking gold anywhere.
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February 22, 2017, 02:23:00 PM
 #45

I don't think it's that relevant if Bitcoin surpasses gold in price because that won't make everyone suddenly think Bitcoin is a better stable asset to hold.  What's relevant is whether the market cap of Bitcoin surpasses the value of all gold in circulation, which will take a long time if it ever happens - and it's hard to say when Bitcoin's value objectively passes that of gold because while Bitcoin is a specific unit, gold is different as it could be a coin, a certain weight etc with different numbers of carats as well.

It's also about how volatile Bitcoin and gold prices are and spreading awareness about the benefits of Bitcoin as a non-physical asset.  People often invest in gold for stability when their currency is unstable, and those people need to be convinced that Bitcoin won't just disappear because they're not quite used to the idea of something which doesn't physically exist.  They also need to be informed about the benefits of being able to exchange it with any currency anywhere in the world as long as you have access to the Internet - you don't have to put the work into taking gold anywhere.

Quite the opposite!  I am planning to swap some bitcoins for gold ounces if/when we reach parity!
We have bounced off the price of gold twice now, I think we might break though this time Smiley

Picking the time to buy will be the issue then. I would like a few ounces, but don't want to buy before a rise, or fail to buy before a fall!  1st world problems eh!


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