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BitcoinExchangeIndia.com
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March 01, 2017, 08:31:53 PM
 #1

http://preev.com/btc/xau

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March 01, 2017, 08:36:51 PM
 #2

I like https://ounce.me/. It does look like parity will be reached this time.

I always planned to swap a few Bitcoins for Gold coins if we ever reached parity, but now that it actually could happen, I feel like I might be missing out on future bif Bitcoin rises if I swap into gold!

I still think Gold is a safer bet though, less volatile in both directions.


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March 01, 2017, 08:43:34 PM
 #3

I like https://ounce.me/. It does look like parity will be reached this time.

I always planned to swap a few Bitcoins for Gold coins if we ever reached parity, but now that it actually could happen, I feel like I might be missing out on future bif Bitcoin rises if I swap into gold!

I still think Gold is a safer bet though, less volatile in both directions.
Regarding volatility I would definitely go for gold as to said it has less and much safer compared to bitcoin which is really great if you do have investment on xau too but considering fast pace profits then bitcoin does have advantage.

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March 02, 2017, 12:28:17 AM
 #4

Defiantly, it is only matter of time before bitcoin will reach gold parity, or even surpass it. Currently we have 2 options:

- ETF will be approved and it definitely happen withing week from 11 March

or
 
- this is to early for ETF. SEC won't approve it, which will force bitcoin into small decline and will have to wait for the price to resume upward trend.
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March 02, 2017, 12:47:42 AM
 #5

I always planned to swap a few Bitcoins for Gold coins if we ever reached parity, but now that it actually could happen, I feel like I might be missing out on future bif Bitcoin rises if I swap into gold!

Yes. I've been thinking similarly. I don't rate gold as any type of investment myself but it would be fun to own a lump of it. Then again even if less than one BTC buys an ounce I think I'd grow to loathe it in the years to come. I'll wait for 0.05 per ounce.

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March 02, 2017, 02:31:02 AM
 #6

Bitcoin has a lot of upside potential, but gold's upside is limited. Gold may rise a bit if world economies screw up, but nothing like what Bitcoin is capable of.  Smiley


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March 02, 2017, 03:01:43 PM
 #7

Bitcoin has a lot of upside potential, but gold's upside is limited. Gold may rise a bit if world economies screw up, but nothing like what Bitcoin is capable of.  Smiley
But we cant really compare both things coz they are really different they might be good on treating as an investment but every one of them has its potential and capabilities which didnt posses by one.Now on the current price of bitcoin they are already equal to golds value.

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March 02, 2017, 03:28:40 PM
 #8

But we cant really compare both things coz they are really different they might be good on treating as an investment but every one of them has its potential and capabilities which didnt posses by one.

You can because what matters is what people use something for. They are indeed radically different but Bitcoin can potentially completely fulfil the purpose that gold has as a hedge and store of value, plus some extras on top. That being the case it is a valid comparison.

It is of course absolutely nowhere near that at present but who knows what the future holds?

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March 02, 2017, 03:40:01 PM
 #9

Regardless of what you think, we are there!  Bitcoin price per coin  > gold price per ounce!  Grin

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March 02, 2017, 03:56:21 PM
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don't look at preev, bitcoin has surpassed gold already, gold is priced at $1241 per once, bitcoin is price at $1248 on some exchange, this make 1 btc more expensive than gold

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March 02, 2017, 03:57:13 PM
 #11

Regardless of what you think, we are there!  Bitcoin price per coin  > gold price per ounce!  Grin

also regardless of bitcoin price, bitcoin profit is >> gold profit as an investment, and that is most people forget when they watch the parity.

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