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Author Topic: Bitcoin has defeated gold  (Read 28233 times)
Jaky
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April 16, 2018, 07:42:18 PM
 #1281

Bitcoin: $1260/BTC
Gold: $1241/xau
Well, I can not believe that the Bitcoin prices has crossed over gold sooner than I expect. I thought the process would be finished in April. Wow, Bitcoin is truly worth and everyone who has sold their Bitcoin has made a huge mistake. Nothing can stop Bitcoin right now.

Just compare the total value of all gold in circulation and the total value of all bitcoins in circulation.
You will have your answer.  Smiley

Oh.. That grate to know that bitcoin is leveling up as much as gold but gold are unreplacesable due to it natural resourse..  I just hope it keep its vakue even more higher..

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BertoloyBTC
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April 16, 2018, 08:05:25 PM
 #1282

The gold and bitcoin if compared has its own world, the gold is in the actual world can be seen and touch ,the value of gold will last forever until this world end, the value of bitcoin is only in digital market it will go high ,down and it may vanished, I do not think bitcoin in my opinion will defeat gold.
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April 16, 2018, 08:26:44 PM
 #1283

It really keeps pace with gold (which is an asset that has been around for years in the world of investment and the economy), we hope it continues like this and that BTC finally becomes a currency accepted as a legal order.
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April 17, 2018, 12:07:00 AM
 #1284

The gold and bitcoin if compared has its own world, the gold is in the actual world can be seen and touch ,the value of gold will last forever until this world end, the value of bitcoin is only in digital market it will go high ,down and it may vanished, I do not think bitcoin in my opinion will defeat gold.
I do not think that there is any comparison between bitcoin and gold, these are two different things and having different values therefore i do not think that we can compare the two. bitcoin is a crpto currency which we can use only for shopping and for trading purposes, it is also a good choice for saving, but i think that gold is more better option for saving your money, because gold has very stable price and we are not expecting any big change in gold price in a short time.

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April 17, 2018, 01:10:01 AM
 #1285

Bitcoin: $1260/BTC
Gold: $1241/xau
Well, I can not believe that the Bitcoin prices has crossed over gold sooner than I expect. I thought the process would be finished in April. Wow, Bitcoin is truly worth and everyone who has sold their Bitcoin has made a huge mistake. Nothing can stop Bitcoin right now.


Absolutely yes, because the price of gold will still remain the market price and not all people can afford to buy gold because it is still expensive but BITCOIN sometimes affordable with poor people because like what the situation now is so good to buy bitcoin in a lower price and have the potential to grow from the small capital that's the big difference between the Bitcoin and Gold. dual purpose sometimes available for poor people when the price is too much lower and the rich people also.
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April 17, 2018, 01:25:34 AM
 #1286

Bitcoin: $1260/BTC
Gold: $1241/xau
Well, I can not believe that the Bitcoin prices has crossed over gold sooner than I expect. I thought the process would be finished in April. Wow, Bitcoin is truly worth and everyone who has sold their Bitcoin has made a huge mistake. Nothing can stop Bitcoin right now.

I think, two different thing. Gold is very stable price, bitcoin is acrpto currency which we can use only for shopping and for trading purposes
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April 17, 2018, 02:19:41 AM
 #1287

Bitcoin: $1260/BTC
Gold: $1241/xau
Well, I can not believe that the Bitcoin prices has crossed over gold sooner than I expect. I thought the process would be finished in April. Wow, Bitcoin is truly worth and everyone who has sold their Bitcoin has made a huge mistake. Nothing can stop Bitcoin right now.

Yes. That is exactly right. Bitcoin is better than gold not only in value but also for investments. Gold market is stagnant and the money you can earn from investment is limited. Unlike bitcoin, you have lots of opportunities to earn and if you already know how the market works, it will double the chances of earning since you are familiar with the trend. There's also tons of alternate coins to choose from. Bitcoin is better in so many ways.

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April 17, 2018, 03:07:58 AM
 #1288

i think both beat each other in different fields, gold is better because it is safer (because it is not fluctuating) whereas bitcoin is very profitable in the near term because it is fluctuating, which makes bitcoin preferred because bitcoin is more potent than gold, bitcoin is still young and very likely to have prices many times over the next few years.

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April 17, 2018, 03:26:03 AM
 #1289

Bitcoin: $1260/BTC
Gold: $1241/xau
Well, I can not believe that the Bitcoin prices has crossed over gold sooner than I expect. I thought the process would be finished in April. Wow, Bitcoin is truly worth and everyone who has sold their Bitcoin has made a huge mistake. Nothing can stop Bitcoin right now.
Yeah as I noticed gold really defeated by bitcoin and we have a proof of that because in social media crypto currency was very popular.
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April 17, 2018, 08:55:17 AM
 #1290

Bitcoin: $1260/BTC
Gold: $1241/xau
Well, I can not believe that the Bitcoin prices has crossed over gold sooner than I expect. I thought the process would be finished in April. Wow, Bitcoin is truly worth and everyone who has sold their Bitcoin has made a huge mistake. Nothing can stop Bitcoin right now.
Yeah as I noticed gold really defeated by bitcoin and we have a proof of that because in social media crypto currency was very popular.
In my opinion there is no loser or even winner in this comparison because they are both good investment for long term and we should just invest our money into those investments with the right risk management to avoid having huge losses. If you invest your money to either gold or bitcoin then i think that you will still be happy for your profits because they are both good at their own way.
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April 17, 2018, 09:14:48 AM
 #1291

i dont think that bitcoin can surpass the price of gold. although bitcoin price is picking up its value but i thing it is more stable to know the value of gold. gold is here forever and its price is getting higher and higher as time passes by.  But on the other hand bitcoin also picking up its value so it is up to you whether where you want to invest your money, afterall it is you will still benefit from it

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April 18, 2018, 03:47:00 AM
 #1292

This is certainly not true, it is difficult for bitcoin to defeated gold because the influence of gold is very strong, the most important thing is that almost every human being in the world know and accept gold so beating gold with anything including bitcoin is the thing that looks impossible.

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April 18, 2018, 03:50:16 AM
 #1293

Bitcoin is actually following gold's historical chart very closely. Overlaying it ontop of one another you can see Bitcoin is supposed to have a slow rise here in the coming months. You can tell people treat it as a store of value rather than a currency for exchange.
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April 18, 2018, 03:59:15 AM
 #1294

This is certainly not true, it is difficult for bitcoin to defeated gold because the influence of gold is very strong, the most important thing is that almost every human being in the world know and accept gold so beating gold with anything including bitcoin is the thing that looks impossible.
I agree, Bitcoin is the most stable and profitable physical material and cannot be compare in bitcoins. Any currency can be backed by gold like DGD that has good value because of real gold. Bitcoin can never defeat gold even  in decades from not that why it is both good to have it an asset.


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April 18, 2018, 04:21:08 AM
 #1295

Bitcoin: $1260/BTC
Gold: $1241/xau
Well, I can not believe that the Bitcoin prices has crossed over gold sooner than I expect. I thought the process would be finished in April. Wow, Bitcoin is truly worth and everyone who has sold their Bitcoin has made a huge mistake. Nothing can stop Bitcoin right now.

Even if bitcoin beat gold in terms of value, these two still have different characteristic. Gold is physical while bitcoin is digital. In terms of physical characteristic you can expect gold to be in many uses and while bitcoin is in digital uses too. Many people and investors are hook to bitcoin because it is safe to invest and you can carry it to your pocket via your android phone while in gold, you can't carry it in your pocket and purchase things in the internet using it.
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April 18, 2018, 04:36:46 AM
 #1296

I never see that there is a strong comparison of bitcoin can beat gold, this is only a bitcoin user opinion but in general of course gold is the best investment choice because it can be used internationally and there is never a rejection.

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April 18, 2018, 04:53:04 AM
 #1297

yes really once bitcoin has beaten gold in terms of price. but gold and silver have existed for centuries ago to this day still exist. the new bitcoin lasts for nine different years with gold. then the value of bitcoin is very fluctuative in contrast to gold that tends to be stable. Gold is also very liked by people of antiquity and now. I think it still takes a long time for bitcoin to really beat gold.

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April 21, 2018, 06:02:06 PM
 #1298

For it's not comparing its price but the use or how are dealing with these two. These two has a great price and yes I also believe that bitcoin will be one of top sooner
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April 21, 2018, 06:06:06 PM
 #1299

In the condition of price may be bitcoin defeated gold. Yes, we can see that bitcoin is much expensive than gold. But if you are computing the total bitcoin and the absolute gold collected by now and compare its value in every each of it you can know the differences. Also, both side is different gold is a metal and bitcoin is a cryptocurrency.
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April 21, 2018, 06:25:25 PM
 #1300

yes I agree with your opinion, but both gold and Bitcoin have their own advantages in the eyes of the community.
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