Bitcoin has defeated gold

[Zadicar]

i dont think that bitcoin surpass or defeated gold maybe now bitcoin already defeated gold but remember that bitcoin price is not that stable it goes up and down and it depends on the bigwhales who has been a part of bitcoin community so lets expect that bitcoin will drop sooner or later then it will raise again . so exchange your bitcoin and cash it out while bitcoin are on high price right now so you can buy again bitcoin when it price drop.

shut up idiot, bitcoin is going up not because of whale. There are many big whale in bitcoin but not 1 whale has control on whole market and not all of the whale work together

Sometime some whale lose big money

Biggest miner pool are fight against each other and each one is like its own whale

When cypras economy collapse bitcoin go up first time go read history book

Now its bad for some country and they buy the bitcoin, you see renimbi how low it go this is why all buy bitcoin

If renimbi go up very high then no one buy bitcoin

Quiet surprised that a newbie scolded a higher rank member haha. You do have a point though since not only 1 whale could able to manipulate or affect too much on bitcoins price when theres a sudden dump but depends if all whales would decide but its impossible thing to happen as i do believe bitcoin now is already circulated among the community who uses it which means dumps would unlikely to happen.Back to topic even though bitcoin surpassed or reach out the gold value it doesnt mean it already been defeated.

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[Prohodimec]

i dont think that bitcoin surpass or defeated gold maybe now bitcoin already defeated gold but remember that bitcoin price is not that stable it goes up and down and it depends on the bigwhales who has been a part of bitcoin community so lets expect that bitcoin will drop sooner or later then it will raise again . so exchange your bitcoin and cash it out while bitcoin are on high price right now so you can buy again bitcoin when it price drop.

shut up idiot, bitcoin is going up not because of whale. There are many big whale in bitcoin but not 1 whale has control on whole market and not all of the whale work together

Sometime some whale lose big money

Biggest miner pool are fight against each other and each one is like its own whale

When cypras economy collapse bitcoin go up first time go read history book

Now its bad for some country and they buy the bitcoin, you see renimbi how low it go this is why all buy bitcoin

If renimbi go up very high then no one buy bitcoin

Quiet surprised that a newbie scolded a higher rank member haha. You do have a point though since not only 1 whale could able to manipulate or affect too much on bitcoins price when theres a sudden dump but depends if all whales would decide but its impossible thing to happen as i do believe bitcoin now is already circulated among the community who uses it which means dumps would unlikely to happen.Back to topic even though bitcoin surpassed or reach out the gold value it doesnt mean it already been defeated.

Yes, I agree, the novice is behaving too impudently ...
I'm not sure that you can even compare gold and bitcoin. Each of these assets has its own development path. I'm sure that bitcoin will never replace gold. Bitcoin is an alternative and will always remain

[deisik]

i dont think that bitcoin surpass or defeated gold maybe now bitcoin already defeated gold but remember that bitcoin price is not that stable it goes up and down and it depends on the bigwhales who has been a part of bitcoin community so lets expect that bitcoin will drop sooner or later then it will raise again . so exchange your bitcoin and cash it out while bitcoin are on high price right now so you can buy again bitcoin when it price drop.

shut up idiot, bitcoin is going up not because of whale. There are many big whale in bitcoin but not 1 whale has control on whole market and not all of the whale work together

Sometime some whale lose big money

Biggest miner pool are fight against each other and each one is like its own whale

When cypras economy collapse bitcoin go up first time go read history book

Now its bad for some country and they buy the bitcoin, you see renimbi how low it go this is why all buy bitcoin

If renimbi go up very high then no one buy bitcoin

Quiet surprised that a newbie scolded a higher rank member haha. You do have a point though since not only 1 whale could able to manipulate or affect too much on bitcoins price when theres a sudden dump but depends if all whales would decide but its impossible thing to happen as i do believe bitcoin now is already circulated among the community who uses it which means dumps would unlikely to happen.Back to topic even though bitcoin surpassed or reach out the gold value it doesnt mean it already been defeated

Gold is indestructible

Bitcoin is indestructible too, but it is not any more indestructible than any other digital thing (so gold is better in this regard since other material things are quite susceptible to "wear and tear" over time). Regarding whales and market manipulation, whales come in all sizes and colors. I don't think that the effect of Satoshi moving his 1M bitcoins could be completely discarded or it would be negligible overall. But it is not only sheer size that matters here. It is also time which is of crucial importance. For example, it doesn't make much sense to go against the market (i.e. try to oppose the market sentiment once it fully exhibits itself). On the other hand, when the market is at a bifurcation or tipping point, even minor influence can have greater consequences. In other words, it all depends

[TeaPanda]

Defeated?

You are comparing apples to oranges.

Comparing 1 bitcoin's price to an ounce of gold's price absolutely makes no sense at all. If you want to make some sense, compare their market cap's.

Luckily for you, zerohedge already did that.



Can you see the tiny %0.1?

%49 vs %0.1

Who defeated who? Wake up.

Saying that BTC defeated Gold. Is like saying a Honda Prius is faster than a Ferrari California because the Prius is red and the California grey, since red is a fast colour

[tripplewarz]

i dont think that bitcoin surpass or defeated gold maybe now bitcoin already defeated gold but remember that bitcoin price is not that stable it goes up and down and it depends on the bigwhales who has been a part of bitcoin community so lets expect that bitcoin will drop sooner or later then it will raise again . so exchange your bitcoin and cash it out while bitcoin are on high price right now so you can buy again bitcoin when it price drop.

shut up idiot, bitcoin is going up not because of whale. There are many big whale in bitcoin but not 1 whale has control on whole market and not all of the whale work together

Sometime some whale lose big money

Biggest miner pool are fight against each other and each one is like its own whale

When cypras economy collapse bitcoin go up first time go read history book

Now its bad for some country and they buy the bitcoin, you see renimbi how low it go this is why all buy bitcoin

If renimbi go up very high then no one buy bitcoin

Quiet surprised that a newbie scolded a higher rank member haha. You do have a point though since not only 1 whale could able to manipulate or affect too much on bitcoins price when theres a sudden dump but depends if all whales would decide but its impossible thing to happen as i do believe bitcoin now is already circulated among the community who uses it which means dumps would unlikely to happen.Back to topic even though bitcoin surpassed or reach out the gold value it doesnt mean it already been defeated

Gold is indestructible

Bitcoin is indestructible too, but it is not any more indestructible than any other digital thing (so gold is better in this regard since other material things are quite susceptible to "wear and tear" over time). Regarding whales and market manipulation, whales come in all sizes and colors. I don't think that the effect of Satoshi moving his 1M bitcoins could be completely discarded or it would be negligible overall. But it is not only sheer size that matters here. It is also time which is of crucial importance. For example, it doesn't make much sense to go against the market (i.e. try to oppose the market sentiment once it fully exhibits itself). On the other hand, when the market is at a bifurcation or tipping point, even minor influence can have greater consequences. In other words, it all depends

I already do not believe anything. I do not want to look at fluctuations in the price of Bitcoin, because it is only the influence of large whales and the manipulation in the market have been and will be conducted with the purpose of earning on the difference. But only faith in the future bitcoin keeps cool.

[Flamma]

The price of Bitcoin have exceeded the price of gold for the first time. However, this comparison is completely unpredictable. Bitcoin doesn't have a stable value. It is very volatile unlike gold. Gold's value is kinda bit more stable and I think gold remains the only true global money with a size and volatility compared to other money. Bitcoin’s volatility declines for a short period and can even approach the volatilities of gold and currency.

[The_Dark_Knight]

you cannot ban gold ownership but bitcoin tomorrow morning your government can say finish idiots...

Gold ownership was banned in the united states for a long time, so you are mistaken that can happen, however enforcing that is another story, if the government has problem enforcing a ban in something that is physical enforcing a ban on bitcoin is ridiculous difficult.

[deisik]

i dont think that bitcoin surpass or defeated gold maybe now bitcoin already defeated gold but remember that bitcoin price is not that stable it goes up and down and it depends on the bigwhales who has been a part of bitcoin community so lets expect that bitcoin will drop sooner or later then it will raise again . so exchange your bitcoin and cash it out while bitcoin are on high price right now so you can buy again bitcoin when it price drop.

shut up idiot, bitcoin is going up not because of whale. There are many big whale in bitcoin but not 1 whale has control on whole market and not all of the whale work together

Sometime some whale lose big money

Biggest miner pool are fight against each other and each one is like its own whale

When cypras economy collapse bitcoin go up first time go read history book

Now its bad for some country and they buy the bitcoin, you see renimbi how low it go this is why all buy bitcoin

If renimbi go up very high then no one buy bitcoin

Quiet surprised that a newbie scolded a higher rank member haha. You do have a point though since not only 1 whale could able to manipulate or affect too much on bitcoins price when theres a sudden dump but depends if all whales would decide but its impossible thing to happen as i do believe bitcoin now is already circulated among the community who uses it which means dumps would unlikely to happen.Back to topic even though bitcoin surpassed or reach out the gold value it doesnt mean it already been defeated

Gold is indestructible

Bitcoin is indestructible too, but it is not any more indestructible than any other digital thing (so gold is better in this regard since other material things are quite susceptible to "wear and tear" over time). Regarding whales and market manipulation, whales come in all sizes and colors. I don't think that the effect of Satoshi moving his 1M bitcoins could be completely discarded or it would be negligible overall. But it is not only sheer size that matters here. It is also time which is of crucial importance. For example, it doesn't make much sense to go against the market (i.e. try to oppose the market sentiment once it fully exhibits itself). On the other hand, when the market is at a bifurcation or tipping point, even minor influence can have greater consequences. In other words, it all depends

I already do not believe anything. I do not want to look at fluctuations in the price of Bitcoin, because it is only the influence of large whales and the manipulation in the market have been and will be conducted with the purpose of earning on the difference. But only faith in the future bitcoin keeps cool

You don't need to believe anything

When you could just use this volatility to your advantage. Just sell a little there and buy a little here when the price moves enough to and fro (say, 5 percent). When it moves another 5 percent buy (or sell) the same amount (in dollar terms). In this way, you won't suffer dramatic losses (and neither dry your reserves dry), and at the same time you will be able to earn some interest on coins over time (not much but still better than noting). As to me, this approach seems to be a lot better in the long term than just selling the best part of your stash at a certain price or just keeping your coins indefinitely without doing anything

[Schuyler]

The price of Bitcoin have exceeded the price of gold for the first time. However, this comparison is completely unpredictable. Bitcoin doesn't have a stable value. It is very volatile unlike gold. Gold's value is kinda bit more stable and I think gold remains the only true global money with a size and volatility compared to other money. Bitcoin’s volatility declines for a short period and can even approach the volatilities of gold and currency.

An ounce of gold is what you are referring to, but when we talk about market cap, bitcoin pales in comparison to how much gold's value is. Gold has its period of volatility as well, although not as pronounced as that of bitcoin's. Both are very good forms of investments, and would continue to hold value for as long as there's demand for them.

[chungfungfuckyou]

All of you idiot are too stupid

So what noobie account your brains are noobiee

You know how many time to the goverment takes all of the gold?

In united states many chinese people send gold back to mainland from san francisco when 1930 gold ban happened for 40 year and federal rserve did biggest #1 scam

Bitcoin they can ban tomorrow any time idiots.

Why they not ban? Because bitcoin market cap very smmall. $20 Billion is like big tech company that is all. If it go $100 Billion then maybe it can affect the stable of forex currency

US government kill anything that try to destable dollar

Only thing they cannot touch is china but if us debt down we are also down

China will also ban whenever they want there is no chance that cash monies can be replaced every in history

If country will go to war to kill million of people for just some land or terrorist fake attack then what you think they will do if their currency is threaten?

If bitcoin become so big that currency of small contry is affect they wll ban it one by one. In next few year this is what happen I will think because already so many currency is at the worst price in life

All of you idiot will then see you think world is democrazy

Bitcoin is complete ccentralization idiots. The miner control network, to mine you must invest million of dollar. Only those with the monies to invest million of dollar can mine, normal person cannot mine

This is just like real world, distribution of resource go to the rich

Find me some coin that will mine with satellite and solar power with no human miner and do airdrop to each human based on unique dna genome i will then be #1 supporter and quit my job and life for that coin until then you idiot shut up.

 bitcoin best bitcoin best!!

Go learn to trade some currency or stock and you will realize any small value stock can do same kind of pump like bitcoin (200 - 1000)

[klf]

The price of Bitcoin have exceeded the price of gold for the first time. However, this comparison is completely unpredictable. Bitcoin doesn't have a stable value. It is very volatile unlike gold. Gold's value is kinda bit more stable and I think gold remains the only true global money with a size and volatility compared to other money. Bitcoin’s volatility declines for a short period and can even approach the volatilities of gold and currency.

An ounce of gold is what you are referring to, but when we talk about market cap, bitcoin pales in comparison to how much gold's value is. Gold has its period of volatility as well, although not as pronounced as that of bitcoin's. Both are very good forms of investments, and would continue to hold value for as long as there's demand for them.

Gold in holding by many governments and big institutions so its prices are very stable and it moves quite slow in both directions. But bitcoin market cap is very less compared to gold, but it may be same or more than gold price even though many people give more value to gold than bitcoin. But for investment purpose, I choose both of them to take advantage of both markets.

[bitllionaire]

The price of Bitcoin have exceeded the price of gold for the first time. However, this comparison is completely unpredictable. Bitcoin doesn't have a stable value. It is very volatile unlike gold. Gold's value is kinda bit more stable and I think gold remains the only true global money with a size and volatility compared to other money. Bitcoin’s volatility declines for a short period and can even approach the volatilities of gold and currency.

An ounce of gold is what you are referring to, but when we talk about market cap, bitcoin pales in comparison to how much gold's value is. Gold has its period of volatility as well, although not as pronounced as that of bitcoin's. Both are very good forms of investments, and would continue to hold value for as long as there's demand for them.

Gold in holding by many governments and big institutions so its prices are very stable and it moves quite slow in both directions. But bitcoin market cap is very less compared to gold, but it may be same or more than gold price even though many people give more value to gold than bitcoin. But for investment purpose, I choose both of them to take advantage of both markets.

actually the governments are not supporting bitcoin, and only the mass adoption is the only way of increasing the price of bitcoin. it is influencing by the people. if people are accepting bitcoin then its price goes up but if they are not giving any interest then its price will fell down. but actually the price of bitcoin is increasing continuously because people are accepting bitcoin continuously. 

[iv4n]

All of you idiot are too stupid

So what noobie account your brains are noobiee

You know how many time to the goverment takes all of the gold?

In united states many chinese people send gold back to mainland from san francisco when 1930 gold ban happened for 40 year and federal rserve did biggest #1 scam

Bitcoin they can ban tomorrow any time idiots.

Why they not ban? Because bitcoin market cap very smmall. $20 Billion is like big tech company that is all. If it go $100 Billion then maybe it can affect the stable of forex currency

US government kill anything that try to destable dollar

Only thing they cannot touch is china but if us debt down we are also down

China will also ban whenever they want there is no chance that cash monies can be replaced every in history

If country will go to war to kill million of people for just some land or terrorist fake attack then what you think they will do if their currency is threaten?

If bitcoin become so big that currency of small contry is affect they wll ban it one by one. In next few year this is what happen I will think because already so many currency is at the worst price in life

All of you idiot will then see you think world is democrazy

Bitcoin is complete ccentralization idiots. The miner control network, to mine you must invest million of dollar. Only those with the monies to invest million of dollar can mine, normal person cannot mine

This is just like real world, distribution of resource go to the rich

Find me some coin that will mine with satellite and solar power with no human miner and do airdrop to each human based on unique dna genome i will then be #1 supporter and quit my job and life for that coin until then you idiot shut up.

 bitcoin best bitcoin best!!

Go learn to trade some currency or stock and you will realize any small value stock can do same kind of pump like bitcoin (200 - 1000)

Why are you so nervous man?! I agree with you on many things you said, government is protecting itself and they don't care about victims as long as they fulfilling their goals. This world is far from democracy, rich people rule the world from the shadow and they manipulate with anyone and everything. I know why are you nervous, but instead you can try to earn from this, because people will never change, system is pushing all of us, and if you dont find your way you will be left on a side crying.

[VanDeinsberg12]

The price of Bitcoin have exceeded the price of gold for the first time. However, this comparison is completely unpredictable. Bitcoin doesn't have a stable value. It is very volatile unlike gold. Gold's value is kinda bit more stable and I think gold remains the only true global money with a size and volatility compared to other money. Bitcoin’s volatility declines for a short period and can even approach the volatilities of gold and currency.

An ounce of gold is what you are referring to, but when we talk about market cap, bitcoin pales in comparison to how much gold's value is. Gold has its period of volatility as well, although not as pronounced as that of bitcoin's. Both are very good forms of investments, and would continue to hold value for as long as there's demand for them.

Gold in holding by many governments and big institutions so its prices are very stable and it moves quite slow in both directions. But bitcoin market cap is very less compared to gold, but it may be same or more than gold price even though many people give more value to gold than bitcoin. But for investment purpose, I choose both of them to take advantage of both markets.

You must read this article and the average volume is holding by the bank.
https://www.forbes.com/sites/timtreadgold/2016/04/01/central-banks-follow-warren-buffetts-advice-when-it-comes-to-gold-buying-when-others-are-fearful/#2f7b76e27c4c
The bank have a big role in the gold market. It's not the government or big institution but it's about the bank.

[blackhawkeye1912]

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.

Please excuse me, but I don't agreed that bitcoin defeated gold, Gold is ancient and bitcoin was not. Though I'm a bitcoin lover, I cannot say bitcoin defeat it, It maybe bitcoin meet and surpassed the price of gold but it doesn't mean gold has no influence or any power.

[DrGuns4Hands]

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.

as i expected bitcoin already surpass the price of gold but still gold is gold and bitcoin is just a crypto currency at all. and everyone wants a lot of gold because gold is very important minerals that found in earth and since the ancient times they're using gold as a currency thats why gold will be gold no matter what and gold always raising it price every year not like bitcoin which is not stable as the price of gold.

[wowanstrong]

The price of Bitcoin have exceeded the price of gold for the first time. However, this comparison is completely unpredictable. Bitcoin doesn't have a stable value. It is very volatile unlike gold. Gold's value is kinda bit more stable and I think gold remains the only true global money with a size and volatility compared to other money. Bitcoin’s volatility declines for a short period and can even approach the volatilities of gold and currency.

An ounce of gold is what you are referring to, but when we talk about market cap, bitcoin pales in comparison to how much gold's value is. Gold has its period of volatility as well, although not as pronounced as that of bitcoin's. Both are very good forms of investments, and would continue to hold value for as long as there's demand for them.

Gold in holding by many governments and big institutions so its prices are very stable and it moves quite slow in both directions. But bitcoin market cap is very less compared to gold, but it may be same or more than gold price even though many people give more value to gold than bitcoin. But for investment purpose, I choose both of them to take advantage of both markets.

actually the governments are not supporting bitcoin, and only the mass adoption is the only way of increasing the price of bitcoin. it is influencing by the people. if people are accepting bitcoin then its price goes up but if they are not giving any interest then its price will fell down. but actually the price of bitcoin is increasing continuously because people are accepting bitcoin continuously. 

Yes, bitcoin is becoming more popular every day. I am confident that this trend will continue in the future. But I do not quite understand why bitcoin is opposed to gold. These are different assets and each investor decides where he should invest

[The_Dark_Knight]

Why are you so nervous man?! I agree with you on many things you said, government is protecting itself and they don't care about victims as long as they fulfilling their goals. This world is far from democracy, rich people rule the world from the shadow and they manipulate with anyone and everything. I know why are you nervous, but instead you can try to earn from this, because people will never change, system is pushing all of us, and if you dont find your way you will be left on a side crying.

This, we are a small fish so the only thing we can do is to play the game as well, so even if you don’t believe in the technology behind bitcoin then take advantage of it and use it to earn a little bit of money and then get out of bitcoin for good.

[t2yax]

Just like other saying, but for me, nothing will believe that bitcoin can defeat gold. Gold is a gold, nothing can defeat gold. Bitcoin value can defeat gold, but the gold value will still remain on its value, and cannot be changed. Gold value is stable, bitcoin cannot defeat gold because we cannot predict what will be the cost in the future and what will be the value of it ? We cannot say but it can be, we will just wait for what will happen on bitcoin value and gold value.

[Wa(t)ch_night()]

Bitcoin is a functionally improved form of gold. Choosing the bitcoin investment, you have a guarantee that your savings will not be lost because of the devaluation, you can be sure that the state will not be able to access your account in any way.