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Author Topic: Will BTC overtake gold this month ?  (Read 5366 times)
artows21
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February 24, 2017, 06:01:38 PM
 #41

I think bitcoin will overtake later the gold but not today for sure.
 Today 1139$ the BTC and 1242 the gold.
But of course when you see that bitcoin goes up really fast, he will overtake the gold who doesn't go up.
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February 24, 2017, 06:05:02 PM
 #42

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.
That is ridiculous. Although I believe in Bitcoin, I never expect Bitcoin's price can be higher than 10x of gold. Bitcoin is not used by many people and most of them use Bitcoin for earning purposes. Therefore, traders and investors will sell Bitcoin when they find out that they have obtained a good amount of money. And then, the prices will drop significantly.

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February 24, 2017, 06:15:13 PM
 #43

I think  will overtake later the gold but not today for sure.
 Today 1139$ the BTC and 1242 the gold.
But of course when you see that  goes up really fast, he will overtake the gold who doesn't go up.
i think the price of gold is stuck to a common price but the price of bitcoin is just keep on increasing day by day and i hope the time comes when it will overtake gold to a extreme level.

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February 24, 2017, 06:27:27 PM
 #44

I think  will overtake later the gold but not today for sure.
 Today 1139$ the BTC and 1242 the gold.
But of course when you see that  goes up really fast, he will overtake the gold who doesn't go up.
i think the price of gold is stuck to a common price but the price of bitcoin is just keep on increasing day by day and i hope the time comes when it will overtake gold to a extreme level.
Gold is not stuck or staying in the same price yearly you can see the price is increasing but a very small interest yearly..
Unlike bitcoin that you can seen daily the price is changing and the price will nearly $1200 and hope that the price can be increase more soon..

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February 24, 2017, 06:30:52 PM
 #45

Gold is not stuck or staying in the same price yearly you can see the price is increasing but a very small interest yearly..
Yeah and so it does qualify for one of the safest investments.People don't need to take their chances before investing money in Gold for two reasons.
 ->Physical Asset
 ->Limited Resources

Unlike bitcoin that you can seen daily the price is changing and the price will nearly $1200 and hope that the price can be increase more soon..
Yes and so it does have risks.You don't know what's coming tomorrow.It can make your rich or go broke in the fraction of hours.


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February 24, 2017, 07:08:08 PM
 #46

I think  will overtake later the gold but not today for sure.
 Today 1139$ the BTC and 1242 the gold.
But of course when you see that  goes up really fast, he will overtake the gold who doesn't go up.
i think the price of gold is stuck to a common price but the price of bitcoin is just keep on increasing day by day and i hope the time comes when it will overtake gold to a extreme level.
yeah bitcoin bitcoin price is really increasing too much faster day by day and i think it will be overtake the gold in this week because bitcoin price move up faster and more people buying bitcoin for the future its price will be more increasing.

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February 27, 2017, 09:45:39 AM
 #47

Thank you all for your comments!

The overall feeling is very positive.

Bitcoin won't overtake gold this month but it is very well positioned to do so in March !

 Cheesy
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February 27, 2017, 10:09:09 AM
 #48

Gold is not stuck or staying in the same price yearly you can see the price is increasing but a very small interest yearly..
Yeah and so it does qualify for one of the safest investments.People don't need to take their chances before investing money in Gold for two reasons.
 ->Physical Asset
 ->Limited Resources

Unlike bitcoin that you can seen daily the price is changing and the price will nearly $1200 and hope that the price can be increase more soon..
Yes and so it does have risks.You don't know what's coming tomorrow.It can make your rich or go broke in the fraction of hours.
Bitcoin might grow high in price, but it won't easily gain the trust similar to gold. Gold as a commodity has got the digital form too, which gives the users the access to invest in the digital form. Now users have started mentioning bitcoin as gold version 2.0, which on increase of adoption the capital volume too increases. As of now the capital of gold is comparatively very low.

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February 27, 2017, 01:12:08 PM
 #49

Bitcoin is developing pages, so I believe it will surpass gold. we can easily see that through its previous gains. This is great for those who keep themselves large amounts of Bitcoin. however, I am concerned, if people simultaneously sell Bitcoin, it will be quickly discounted. the market may be disorders, and this is also one of today's top concerns

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February 27, 2017, 01:15:02 PM
 #50

I think bitcoins price wont make it on this month of Feb since tommorow would be the last day of the month but yet it is possible to reach that amount on next month if the price would rise gradually without any news or events that would block on the way and one event i am eyeing too is on march 11.

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February 27, 2017, 01:35:51 PM
 #51

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 thinks bitcoin cannot overtake gold this february of 2017. But it will be different picture by march. As you notice there is only a small gap between the price of gold and bitcoin and by next month it is very clear that bitcoin will overtake gold. But gold will also increase in value I guess but it cannot match the speed of bitcoin when we talk about price increase.

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February 27, 2017, 01:38:36 PM
 #52

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 thinks bitcoin cannot overtake gold this february of 2017. But it will be different picture by march. As you notice there is only a small gap between the price of gold and bitcoin and by next month it is very clear that bitcoin will overtake gold. But gold will also increase in value I guess but it cannot match the speed of bitcoin when we talk about price increase.

There's still some contractionary pressure being applied by some entities selling lower than priced. Plus the high mining fees limiting some spendings I think it'll probably take more than a month
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February 27, 2017, 01:44:17 PM
 #53

I think bitcoin will overtake later the gold but not today for sure.
 Today 1139$ the BTC and 1242 the gold.
But of course when you see that bitcoin goes up really fast, he will overtake the gold who doesn't go up.

The measurements are all off, if we go by mBTC then bitcoin is not close to gold in anyway.  The only number we can judge stuff by = market cap. Media will compare BTC and gold price though.

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7788bitcoin
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February 27, 2017, 02:14:38 PM
 #54

The price overtaking gold is not really something surprising or unexpected. This should be anytime. Only 2 more days to go so I guess we shall let that be something to watch out for next month. As long as we can stay above the previous ATH of $1163, the sky is the limit.

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February 27, 2017, 02:56:21 PM
 #55

Yes i think it is possible that it can beat gold it has already reached 1160$ / BTC
So i think if everything goes into the favour of bitcoin and Mr. Satoshi Cheesy we will see the price of bitcoin around 1500$/BTC Before May

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February 27, 2017, 03:15:20 PM
 #56

Yes i think it is possible that it can beat gold it has already reached 1160$ / BTC
So i think if everything goes into the favour of bitcoin and Mr. Satoshi Cheesy we will see the price of bitcoin around 1500$/BTC Before May

Speculation says BTC will be going up to 1400-1600 USD. No matter what BTC has prove itself to go up all the time so eventually its will be more than the price of XAU.

If for once we get to see the price of btc is more than XAU, would you consider buying XAU later?  Xau has stand the test of time and its value is very stable unlike bitcoin that kept moving up and down. Having XAU seem an assurance of wealth.

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February 27, 2017, 03:27:49 PM
 #57

I think bitcoin will overtake later the gold but not today for sure.
 Today 1139$ the BTC and 1242 the gold.
But of course when you see that bitcoin goes up really fast, he will overtake the gold who doesn't go up.
in my area the price of bitcoin is 560 USD/ 12g while the price of one bitcoin is 1200 USD so bitcoin price is double as compare to the price of gold. but still most of the people are using gold as most of the people do not know about bitcoin but when they will know about the reality of bitcoin then the will start using bitcoin.


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February 27, 2017, 03:28:11 PM
 #58

I think it absolutely can happen. If not this month, maybe in this year  Bitcoin will surpass gold. The price of Bitcoin has consistently increased this month, it has dropped a little, but not significantly, its value is still high. Currently, the price of Bitcoin is more than $ 1,000 and it will increase further. Many have predicted that Bitcoin will increase 3000 - 4000 $. This shows that Bitcoin is very developed, it became more accessible to retailers and investors via ETFs. And the bitcoin overcome gold  will depend only on the question of time. But gold is still a great choice. It is a traditional form of investment and can ensure safety. Combining the both will be more beneficial.

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February 27, 2017, 06:28:08 PM
 #59

I think bitcoin will overtake later the gold but not today for sure.
 Today 1139$ the BTC and 1242 the gold.
But of course when you see that bitcoin goes up really fast, he will overtake the gold who doesn't go up.

I don't think it will overtake this month or even next month but still there is a big chance or possibility bitcoin will overtake it. Price difference is almost or less than a $100 dollars and it is narrowed from time to time.I think within the first half of 2017 it will happen.

  
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February 27, 2017, 06:35:16 PM
 #60

I think bitcoin will overtake later the gold but not today for sure.
 Today 1139$ the BTC and 1242 the gold.
But of course when you see that bitcoin goes up really fast, he will overtake the gold who doesn't go up.

I don't think it will overtake this month or even next month but still there is a big chance or possibility bitcoin will overtake it. Price difference is almost or less than a $100 dollars and it is narrowed from time to time.I think within the first half of 2017 it will happen.

Just 100$ is not matter. The Bitcoin price may up at any time. Compare to last month we got $100+ hike in bitcoin price. So a coming month it may cross 1200$. I have hope, but I am not sure. If the price does not go down to 1000$, then there is a possibilities are there to beat the gold price. let's see how many days it will take to overtake gold price.
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