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Author Topic: Will BTC overtake gold this month ?  (Read 5366 times)
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February 23, 2017, 03:27:21 PM
 #21

As of Feb 23, 2017

BTC: 1139$
XAU: 1242$

Bitcoin has been on a roll lately and is 9% away from overtaking gold.

Will February 2017 be remembered as the "golden" month for BTC ?
Will it happen in March ?

What do you think ?

Exciting times !

Just look at the expected possible outputs for a long term and you will see that it's possible.

Bitcoin price once reached $200+ after ATH and now back again at above $1,000. Situation back then is totally different from situation of today why the price rose to above $1,000. Now looking at how it well performed, possibility of overtaking gold price is possible even as we speak. Just keep in mind that "possible" doesn't mean a 100% success rate so the answer is "maybe".

Like I mentioned, eye for the long term and that will happen.

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February 23, 2017, 03:51:21 PM
 #22

I would not be surprised to see this happen. 11 march is coming fast at us.

And bitcoin is not stopped by the chinese people's bank. Guess a new ATH at this point is inevitable.
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February 23, 2017, 03:53:36 PM
 #23

If it don't happen this month, it will certainly happen next month. The hype of ETF is driving the price high. People are ignoring the fact that transactions are stuck and already 100K unconfirmed. There are still too much hype regardless. So I think it will really surpass the price of gold.

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February 23, 2017, 04:53:02 PM
 #24

Yes I think so because the price of bitcoin is increasing soo dramatically that it can overtaKe gold this month..

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February 23, 2017, 05:26:58 PM
 #25

Yes I'm hopeful we will realize this feet this month even though we have a few days more to the end of the month. I think Bitcoin is doing well and even though the ETF might not be passed yet I still believe Bitcoin can surpass gold in the next few days judging by the current trend in price rise.



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February 23, 2017, 05:38:59 PM
 #26

probably yes but only if this rally still continue because usually the price never last long if reach $1000 above and it would dropped again especially when panic sell happening again i think it would never through gold price
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February 23, 2017, 05:40:45 PM
 #27

As of Feb 23, 2017

BTC: 1139$
XAU: 1242$

Bitcoin has been on a roll lately and is 9% away from overtaking gold.

Will February 2017 be remembered as the "golden" month for BTC ?
Will it happen in March ?

What do you think ?

Exciting times !

Easily that will be crossed and I can almost guarantee people that the new base price ( which for me till now was 700$ , around that btc always remains ) will be approx 1200 USD and only higher and higher.

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February 23, 2017, 06:13:40 PM
 #28

Yes, I believe in bitcoin that it can overtake over the price of the gold since the price is keep on rising and its creating hype that attract investors to invest more and also helps to spike more. This month, it is very easy for bitcoin to overtake gold and i always believe in bitcoin.

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February 23, 2017, 06:19:47 PM
 #29

As of Feb 23, 2017

BTC: 1139$
XAU: 1242$

Bitcoin has been on a roll lately and is 9% away from overtaking gold.

Will February 2017 be remembered as the "golden" month for BTC ?
Will it happen in March ?

What do you think ?

Exciting times !

I have heard a rumor that bitcoin would pump $1500 next pump, so maybe, bitcoin can overtake the price of Gold next month, but I am not sure about that. Let's just wait and see what will happen tp the bitcoins price next month, because we can't know what will happen in the future, all we can do is to continuously support bitcoin no matter what. And for me, every month since bitcoin have been invented are the "Golden" months for me, because bitcoin changed me, supporting me, all the time, since I have started doing it.

What's going to happen next is we don't know, expecting too much is not a good idea because we might just get disappointed and we might lose something because of too much expectations on it, like for example, you didn't convert your bitcoin right now because you thought that bitcoins price would be higher than its price right, but you are wrong, because the other day, bitcoins price just got DUMP, something like that.

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February 23, 2017, 06:44:38 PM
 #30

As of Feb 23, 2017

BTC: 1139$
XAU: 1242$

Bitcoin has been on a roll lately and is 9% away from overtaking gold.

Will February 2017 be remembered as the "golden" month for BTC ?
Will it happen in March ?

What do you think ?

Exciting times !
Although bitcoin will take over gold this month but bitcoin prices easy to fall at least I would have preferred bitcoin prices strong stable in around $ 1000 for a long time probably I want to see until the middle of this year.

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February 24, 2017, 12:00:28 PM
 #31

BTC definetly has the potential to overtake gold.. but id ont think this will happen in february.
Maybe in March / April but not in februrary.
IMO time has already come for BTC to overtake gold..

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February 24, 2017, 12:10:47 PM
 #32

No matter the price of Bitcoin, BTC will not have the same value of Gold.
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February 24, 2017, 12:26:25 PM
 #33

Even if it would overtake gold , people will still buy gold as bitcoin prices cannot be predicted or trusted.
The prices of bitcoin fluctuate a lot whereas the prices of gold remain almost the same.
Like the prices of gold just changes a bit like there are only few minor changes here and there.
But in case of bitcoin it is 900 USD on day and the other day it is 1100 vice versa.
But yes , buying bitcoins when the prices are less is always a good option.
As when the prices go up you can make huge profits.
But it is very hard for bitcoin to overtake gold if thought maturely.

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February 24, 2017, 12:32:34 PM
 #34

As of Feb 23, 2017

BTC: 1139$
XAU: 1242$

Bitcoin has been on a roll lately and is 9% away from overtaking gold.

Will February 2017 be remembered as the "golden" month for BTC ?
Will it happen in March ?

What do you think ?

Exciting times !

It will be possible, if bitcoin continuously rise. Because within month i am surprised to see the bitcoin's price going to up and up in everyday. So i could easily predict that in the coming month bitcoin will be rise at $1200 to $1500. But for me, bitcoin is always better than gold. 

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February 24, 2017, 12:57:05 PM
 #35

As of Feb 23, 2017

BTC: 1139$
XAU: 1242$

Bitcoin has been on a roll lately and is 9% away from overtaking gold.

Will February 2017 be remembered as the "golden" month for BTC ?
Will it happen in March ?

What do you think ?

Exciting times !

It will be possible, if bitcoin continuously rise. Because within month i am surprised to see the bitcoin's price going to up and up in everyday. So i could easily predict that in the coming month bitcoin will be rise at $1200 to $1500. But for me, bitcoin is always better than gold. 

It is completely Outstanding how bitcoin managed to go up like this and it is my first time seeing that it is still goes up every single hours that I am observing it, well I could think it will never stop when February ends cause there are speculation that it will go down the time it reaches the limit of the month of march.

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DoublerHunter
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February 24, 2017, 02:18:34 PM
 #36

Bitcoin can overtake gold not only for this month but it can also overtake for long run because we knew that bitcoin is called as a gold 2.0 version and it already proves that it is true and it is faster than gold in terms of volatility on its price. Current prices says and proves it all.

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February 24, 2017, 03:02:45 PM
 #37

As of Feb 23, 2017

BTC: 1139$
XAU: 1242$

Bitcoin has been on a roll lately and is 9% away from overtaking gold.

Will February 2017 be remembered as the "golden" month for BTC ?
Will it happen in March ?

What do you think ?

Exciting times !

Just look at the expected possible outputs for a long term and you will see that it's possible.

Bitcoin price once reached $200+ after ATH and now back again at above $1,000. Situation back then is totally different from situation of today why the price rose to above $1,000. Now looking at how it well performed, possibility of overtaking gold price is possible even as we speak. Just keep in mind that "possible" doesn't mean a 100% success rate so the answer is "maybe".

Like I mentioned, eye for the long term and that will happen.

In long term, it will surely happen. But just see the current rise in bitcoin prices for the last 4 months. We have been seeing a massive increase in bitcoin prices. Only few times it has dumped but that dump is not for long and it again rises. This shows the bitcoin is not stabliizing to 1000$ + and not forget about prices likes 200$ , 300$ etc
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February 24, 2017, 05:08:23 PM
 #38

As of Feb 23, 2017

BTC: 1139$
XAU: 1242$

Bitcoin has been on a roll lately and is 9% away from overtaking gold.

Will February 2017 be remembered as the "golden" month for BTC ?
Will it happen in March ?

What do you think ?

Exciting times !

I think Bitcoin will definitely overtake gold, but I'm not sure when it will happen. Gold is looking pretty strong too. However, the market for Bitcoin compared to gold is tiny, meaning it's much easier to move it. There is also a lot of news surrounding Bitcoin (like the possible ETF around March) which also is bullish. For gold it takes much more significant news to move it, so the gains come more suddenly. It's probably a good idea diversify to own both!

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February 24, 2017, 05:13:07 PM
 #39

Btc will not only surpass gold this month but by the end of this year it will be almost 10x of gold price irrespective of SEC approval or not.

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February 24, 2017, 05:31:13 PM
 #40

Well no one knows what will happen with bitcoin in future, may be it's price will drop because we saw twice that bitcoin reaches 1100$ and then dropped to 700$ almost. So no one exactly tell you about what will happen with bitcoin in next coming days but by looking on the current situation we will say that price will increase in future.


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