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Author Topic: Will BTC overtake gold this month ?  (Read 5122 times)
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March 02, 2017, 02:29:14 AM
 #81

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.
That's a clear statement but that is not for a this month or a month also, it's the total market capitalization.
If we based for this month alone, I can say that BTC has overtaken gold because as you look at the price increase for a month alone, it has already substantially increase and it's still increasing. With this increase, many of us has been benefiting with our short term trades and now we are waiting for the decision if ETF will pass or not and I hope it will.

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March 02, 2017, 02:37:28 AM
 #82

I think maybe In june or july. Because you can't surpass gold with that time because I think it takes more time for bitcoin to pump. Because for now the bitcoin price is pumping and dumping it is not stable for pumping and pumping so let's hope the best for bitcoin. But I think in June or July the bitcoin price will reach $2500 because that is the famous speculation for now.


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March 02, 2017, 02:51:10 AM
 #83

I predicted bitcoin take at least three months to overtake the gold since the beginning of March the bitcoin has increased 4% from the previous price if prospects of bitcoin are still good or increased. but I think bitcoin still can't overtake the gold for this year, although I wish bitcoin will overtake gold in the near future

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March 02, 2017, 02:59:54 AM
 #84

I predicted bitcoin take at least three months to overtake the gold since the beginning of March the bitcoin has increased 4% from the previous price if prospects of bitcoin are still good or increased. but I think bitcoin still can't overtake the gold for this year, although I wish bitcoin will overtake gold in the near future

Have you not been watching? Gold spot price is at $1245 while Bitcoin is steadily rising and at is at $1226 if you base it in Bitstamp price. But some exchanges are higher so technically it has overtaken gold. You can see all the prices of Bitcoin in Coinmarketcap.

http://coinmarketcap.com/currencies/bitcoin/#markets

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March 02, 2017, 03:04:37 AM
 #85

It will be no surprise that the price of bitcoin would overcome the price of gold .i am looking forward to happen and in the world of gold bitcoin is creating its own empire .acc to me it might not happen that the price of bitcoins would surpass gold this month , but in the upcoming month it would no matter what .

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March 02, 2017, 04:08:31 AM
 #86

$30+ more and we would able to surpass gold price and thats a new record on bitcoin price which we would love to see. Possibilities is always there because we do know bitcoins price do tend to rise overtime.



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March 02, 2017, 09:55:38 AM
 #87

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 !
Unfortunately we can't call February the golden month for Bitcoin because the Bitcoin didn't made it to overtake Gold.
But I believe that the Bitcoin will definitely overtake Gold this month. So we can call March the golden month for the Bitcoin
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March 02, 2017, 11:02:53 AM
 #88

I think there is a chance that bitcoin
will ovetake gold this month because
of the many bitcoin users.

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March 02, 2017, 02:24:21 PM
 #89

Bitcoin overtook gold briefly today!

https://news.bitcoin.com/bitcoin-worth-one-ounce-gold/

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March 02, 2017, 06:18:29 PM
 #90

It has already and I guess the next target will be to over take diamond. I'm so proud of this feet and hope that Bitcoin will keep growing thus way for the community.

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March 02, 2017, 09:00:35 PM
 #91

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 gold price is a broken record, it was broken some hours ago and Bitcoin is now at its all time highest rate, this is unprecedented and we are all happy as a community to have attained this feet.



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Rainbot
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DoublerHunter
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March 02, 2017, 09:50:41 PM
 #92

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 gold price is a broken record, it was broken some hours ago and Bitcoin is now at its all time highest rate, this is unprecedented and we are all happy as a community to have attained this feet.
Yes bitcoin already did. It already passes the gold price and that was a great achievement for us bitcoin supporters and also the bitcoin community. I hope that soon it will go even higher so we can make more profit in our investment. This type of achievement can surely help the price to rise even more because of the hype. Bitcoin to the moon! Roll Eyes.

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March 03, 2017, 09:04:53 AM
 #93

Bitcoin overtook gold briefly today!

https://news.bitcoin.com/bitcoin-worth-one-ounce-gold/


And slow or soon the bitcoin will replace gold be signed with many people who put their whealty in bitcoin than gold,
and for the first bitcoin is higher than gold in the future user's bitcoin is higher than user's gold.
Bitcoin has chance for replace gold and become new gold in internet and bitcoin's price will be increasing around $3000/BTC
because many beneficial of bitcoin that has no in gold.
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March 03, 2017, 09:13:53 AM
 #94

Bitcoin overtook gold briefly today!

https://news.bitcoin.com/bitcoin-worth-one-ounce-gold/


And slow or soon the bitcoin will replace gold be signed with many people who put their whealty in bitcoin than gold,
and for the first bitcoin is higher than gold in the future user's bitcoin is higher than user's gold.
Bitcoin has chance for replace gold and become new gold in internet and bitcoin's price will be increasing around $3000/BTC
because many beneficial of bitcoin that has no in gold.

I personally think that bitcoin will never be able to replace gold. Although the future price of bitcoin and gold will become rivals. Because gold is used to control the circulation of money in each country, then inevitably gold will always be first. Moreover, some rich people prefer gold as a store of their own since the golden form. Unlike the bitcoin that could be stolen anytime by hackers remotely. And I think gold is more secure than bitcoin. Thank you
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March 03, 2017, 09:27:09 AM
 #95

After making the historic ATH by reaching above $1280 bitcoin too have crossed the gold value. This time the price chart shows a steep increase, which is been found to stay above $1000 since February 14. Such a long time stability haven't took place in the past, so this time price will be moving forward potentially.

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March 03, 2017, 09:59:05 AM
 #96

Look at the chart and you will see what is happening to the bitcoin prices. It has passed 1 once gold sooner than we expect and now, it is certain that bitcoin has overtaken gold. In the future, we will also witness the Bitcoin marketcap will be as big as the gold. People are too excited with bitcoin and they do not want to miss the chance to become rich with this currency

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March 03, 2017, 10:22:38 PM
 #97

I was thinking this will happen near in the future almost 3 or 4 months in the future. But surprisingly bitcoin prices beat over gold prices yesterday itself. But the matter of fact is not to compete with gold but to exceeds to the next level and to set platform for the traders from all over  the world to use it as the main medium of exchange.

But moving toward main stream of adoption this will help a lot. Because outnumbering gold price will be a very good promotion for bitcoins through media. Now we can expect more number of new investors will come and join our party.
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March 03, 2017, 11:21:58 PM
 #98

Look at the chart and you will see what is happening to the bitcoin prices. It has passed 1 once gold sooner than we expect and now, it is certain that bitcoin has overtaken gold. In the future, we will also witness the Bitcoin marketcap will be as big as the gold. People are too excited with bitcoin and they do not want to miss the chance to become rich with this currency

It surely a surprising event, I never imagine that bitcoin can overtake gold, but it already happened in March, it shows that there are increasing number of people interested in bitcoin and because of this, there are so many news about bitcoin, and with this news bitcoin popularity will keep on increase and it will attract more user

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March 03, 2017, 11:25:11 PM
 #99

It's not just a matter of price. As already discussed, the market cap is a much more important aspect of it. To illustrate, just remember the launch of zcash, when a single coin was worth many Bitcoins, but the market capitalization was much lower.
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March 03, 2017, 11:53:44 PM
 #100

Look at the chart and you will see what is happening to the bitcoin prices. It has passed 1 once gold sooner than we expect and now, it is certain that bitcoin has overtaken gold. In the future, we will also witness the Bitcoin marketcap will be as big as the gold. People are too excited with bitcoin and they do not want to miss the chance to become rich with this currency
The time has come that we proudly say that the price of bitcoin has overtaken the price of gold but i hope that this continues like this in the future.There was a dip in price of gold in the last few days and i hope we do have a healthy competition and this could hit the news and will attract new investors without a doubt.

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