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Author Topic: Will BTC overtake gold this month ?  (Read 5123 times)
densuj
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March 01, 2017, 04:42:33 AM
 #61

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 !
No, I think not for this month (march) the golden month for bitcoin will happens on the next halping block of bitcoin in 2020, because in that month bitcoin is disappear halp and as we know bitcoin is starting popular on every countries and strart many people who use bitcoin, it will make amount of demand increasing and will make bitcoin's price increasing too more than today.

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March 01, 2017, 05:05:50 AM
 #62

When are are preferring on this month of march then its possible if the increase movement would continue and we are almost actually on the price of gold but comparing between two prices doesnt really matter at all but the thing which is great that bitcoin surpasses already the value of gold.

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March 01, 2017, 05:07:44 AM
 #63

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.

Yes bitcoin price is keep increasing,so in this year bitcoin has best chance that it can over take gold. Even though many people are not using bitcoin but still the price of bitcoin is keep bumping. Very soon bitcoin will become major saving investment like gold.



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n0ne
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March 01, 2017, 06:02:55 AM
 #64

Price of bitcoin have been increasing with stability, so several changes can be expected by the ongoing year. If the adoption, acceptance, ETF, technology, governments and all support the growth, then surely can expect price move to go beyond the price of gold and other investments.



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March 01, 2017, 06:25:05 AM
 #65

When are are preferring on this month of march then its possible if the increase movement would continue and we are almost actually on the price of gold but comparing between two prices doesnt really matter at all but the thing which is great that bitcoin surpasses already the value of gold.
but although the price of bitcoin show continuing rise again until this month. but in March this impossible bitcoin prices will reach $ 2,000. it is a crazy rise if it really happened

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March 01, 2017, 06:29:16 AM
 #66

I think it's hard beating gold, because gold is an investment that is acceptable to everyone. but I agree that bitcoin is the most profitable investment at this time.
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March 01, 2017, 11:18:24 AM
 #67

When are are preferring on this month of march then its possible if the increase movement would continue and we are almost actually on the price of gold but comparing between two prices doesnt really matter at all but the thing which is great that bitcoin surpasses already the value of gold.
but although the price of bitcoin show continuing rise again until this month. but in March this impossible bitcoin prices will reach $ 2,000. it is a crazy rise if it really happened
Its really a crazy price increase and we are talking about an increase of 900$ which is really impossible on a short period of time and speaking on the current price we do have still hardships even on reaching bitcoins ATH.

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March 01, 2017, 11:26:31 AM
 #68

I think it's hard beating gold, because gold is an investment that is acceptable to everyone. but I agree that bitcoin is the most profitable investment at this time.
It seems that gold is still the safe haven asset of choice, but Bitcoin is close behind and has stronger scope for the future.
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March 01, 2017, 01:37:39 PM
 #69

I think it's hard beating gold, because gold is an investment that is acceptable to everyone. but I agree that bitcoin is the most profitable investment at this time.
It seems that gold is still the safe haven asset of choice, but Bitcoin is close behind and has stronger scope for the future.

in reality bitcoin is safer and it has been giving a lot of more profit on top of that for 8 years. but what happens is that people trust what is old and in the news. not something that is new and not in the news or is depicted badly in the news.
in the end investing in gold has risks too, price of gold may not fall $100 in a day but it can and does fall.

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March 01, 2017, 02:27:39 PM
 #70

Yes it would probably happen to overtake gold's price this month and I don't know the exact price gold nowadays, but as I had observe the demand of gold is declining due to competition in the market. Bitcoin price will continue to uprise its value today and people now were always have positive visions of their profit, that's why more buyers were excited.

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March 01, 2017, 03:23:55 PM
 #71

I think it's hard beating gold, because gold is an investment that is acceptable to everyone. but I agree that bitcoin is the most profitable investment at this time.
It seems that gold is still the safe haven asset of choice, but Bitcoin is close behind and has stronger scope for the future.

in reality bitcoin is safer and it has been giving a lot of more profit on top of that for 8 years. but what happens is that people trust what is old and in the news. not something that is new and not in the news or is depicted badly in the news.
in the end investing in gold has risks too, price of gold may not fall $100 in a day but it can and does fall.
maybe some people still a bit difficult to accept new things, maybe there is a little fear to keep bitcoin and gold is likely to rise and the risk of falling prices is not as extreme as bitcoin

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macedoniantable
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March 01, 2017, 03:24:30 PM
 #72

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 !
No, I think not for this month (march) the golden month for bitcoin will happens on the next halping block of bitcoin in 2020, because in that month bitcoin is disappear halp and as we know bitcoin is starting popular on every countries and strart many people who use bitcoin, it will make amount of demand increasing and will make bitcoin's price increasing too more than today.

It already has/
Haven't you heard?
HadiHussain
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March 01, 2017, 03:32:53 PM
 #73

No matter the price of Bitcoin, BTC will not have the same value of Gold.
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March 02, 2017, 12:37:09 AM
 #74

BTC will overtake bitcoin but not in this month, but u guess it's only temporary overtake, btc wont overtake gold permanent

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March 02, 2017, 12:52:34 AM
 #75

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 !
We are just few steps away to put Gold behind Smiley I feel that bitcoin can go to $1500 by the end of March.
This is the first time I have seen btc price going up every single day since I joined crypto world.
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March 02, 2017, 01:00:56 AM
 #76

https://twitter.com/CNBCFastMoney/status/836346459423387648
Debate to buy bitcoin  Grin

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March 02, 2017, 01:10:06 AM
 #77

Ladies and gentlemen! Bitcoin has won with this option 62%Brian Kelly: Buy Bitcoin! I love that in times of ATH public spotlight is focused on BTC.
There is nothing better than free promotion and people's attention. Even if ETF won't be accepted next month I still believe that price won't crash as hard as people are expecting.
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March 02, 2017, 02:03:51 AM
 #78

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 !

We cannot conclude already, gold has a expensive value in the market as time goes by the value continues to grow and bigger and bigger , for now i dont think that bitcoin can overtake gold maybe it will takes a little bit more time before it overtakes gold. This is not impossible because bitcoin gets bigger everyday and many people are interested on it already.


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March 02, 2017, 02:10:21 AM
 #79

https://twitter.com/barrysilbert/status/736681783933194245?lang=en

Currently, the market capitalization of gold is $7 trillion and bitcoin is $22 billion. Still need a long time for bitcoin to overcome the gold.

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March 02, 2017, 02:17:50 AM
 #80

https://twitter.com/barrysilbert/status/736681783933194245?lang=en

Currently, the market capitalization of gold is $7 trillion and bitcoin is $22 billion. Still need a long time for bitcoin to overcome the gold.

Yeah this, bitcoin should surpass first the market cap of gold before saying that bitcoin can overtake gold. And for this month or for the whole year round, I don't think that is enough for bitcoin to do that thing. However, if there are big players in the market of gold will migrate and shift to bitcoin and will invest billions of bucks probably it can.

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