Nahl
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August 26, 2017, 09:46:59 AM |
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from the price side indeed bitcoin has surpassing Gold but as the investment option bitcoin still very far to surpassing gold because as traditional investment people in the world more likely to choose gold rather than bitcoin because volatile always be the main problem for bitcoin and investing on bitcoin still not ensure valuable for next 20 or 30 years but gold can survive at those years
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filharvey
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August 26, 2017, 10:33:00 AM |
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Bitcoin has already surpassed those price limits and now its price is $4315.Thats why,it has started to gain more attention of gold investors.Bitcoin has become the ultimate choice of investors world wide.Its price is soon expected to cross $5000 after november this year.Gold investors preferred gold as an investment since their investment is secure in it and had not found these much days such an investment.But now they all have found bitcoin to be a valuable investment which could give huge returns but at the same time,their investment is also secure.
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supandi wiharja
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August 26, 2017, 07:00:47 PM |
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This is a fact now, the amount of demand for bitcoin makes the bitcoin price go beyond the gold price,i think this is history for bitcoin.
Although bitcoin price exceeds gold but for form and beauty i still love gold because gold is physically very attractive while for bitcoin is not visible, now everyone is in droves to collect bitcoin as a future investment. .
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aeternus
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August 27, 2017, 04:55:31 PM
Last edit: August 29, 2017, 07:30:52 PM by aeternus |
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Considering Gold's market cap is over $8,000,000,000,000 and Bitcoin's is just $75,000,000,000 it is quite safe to say that this is untrue.
However, it is certainly possible that when the other 99% of people learn about Bitcoin and begin investing in it that we will see a number close to this and eventually surpass it.
After all, $1,000,000 per Bitcoin means the market cap would be $21,000,000,000,000 minus lost coins, which still would be well above Gold.
I think your numbers are simply too high, for many people in the forum bitcoin is performing the same function as gold, they are using bitcoin as a store of value so we do not need numbers that high if some of the people holding gold decide to hold bitcoin instead. |
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hovrah
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August 27, 2017, 05:02:52 PM |
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Considering Gold's market cap is over $8,000,000,000,000 and Bitcoin's is just $75,000,000,000 it is quite safe to say that this is untrue.
However, it is certainly possible that when the other 99% of people learn about Bitcoin and begin investing in it that we will see a number close to this and eventually surpass it.
After all, $1,000,000 per Bitcoin means the market cap would be $21,000,000,000,000 minus lost coins, which still would be well above Gold.
I think your number are simply too high, for many people in the forum bitcoin is performing the same function as gold, they are using bitcoin as a store of value so we do not need numbers that high if some of the people holding gold decide to hold bitcoin instead. The fact is that there is a lot of talk about gold and Bitcoin, but nevertheless each user earns his fortune thanks to Bitcoin, but not against saving his money in gold. To date, Bitcoin is stored for the future, only in order to increase its revenues several times, as stated in the set of forecasts. |
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Xenoph0bia
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August 27, 2017, 05:06:39 PM |
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Bitcoin has already surpassed those price limits and now its price is $4315.Thats why,it has started to gain more attention of gold investors.Bitcoin has become the ultimate choice of investors world wide.Its price is soon expected to cross $5000 after november this year.Gold investors preferred gold as an investment since their investment is secure in it and had not found these much days such an investment.But now they all have found bitcoin to be a valuable investment which could give huge returns but at the same time,their investment is also secure.
Exactly, I also agree that bitcoin has the potential to defeat the gold in the long run. Investors who are well aware about the bitcoins, have already started investing into bitcoins instead of the gold, as there has been high return if compare with the gold. |
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micher143
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August 27, 2017, 05:51:47 PM |
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This means nothing, instead you should probably compare the marketcap. where the gold marketcap is currently $7,422,335,235,457 (yes trillions) and bitcoin is 20$ billion. Gold exists for thousands of years now and It won't simply lose It value because bitcoin came to life. In my opinion, nothing could actually beat gold and silver, no matter how much year passes.
First we need to consider the differences of the two. Gold's value depends on the stock on the market where it is base on the number of gold circulating on the market base on the karat or the amount of gold in a specific accessories. It is also a natural treasure where its stock is at it is so if you will take time to be gold it will set the value to increased. Like the crypto-currency where its main purpose is for transactions , investment and trading. |
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killerfrost
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August 27, 2017, 06:39:37 PM |
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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.
exactly. Selling BTC is a wrong decision. The Bitcoin will beat gold has been everyone's predecessor before it outlasted gold in all aspects. Gold is too stable, hard to get rich so few people want to invest in it instead of hoarding. Bitcoin is different, it is rising, many people want to have it, many countries accept it so its future is infinite. |
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Dart18
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August 28, 2017, 05:06:07 AM |
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Bitcoin has already surpassed those price limits and now its price is $4315.Thats why,it has started to gain more attention of gold investors.Bitcoin has become the ultimate choice of investors world wide.Its price is soon expected to cross $5000 after november this year.Gold investors preferred gold as an investment since their investment is secure in it and had not found these much days such an investment.But now they all have found bitcoin to be a valuable investment which could give huge returns but at the same time,their investment is also secure.
Exactly, I also agree that bitcoin has the potential to defeat the gold in the long run. Investors who are well aware about the bitcoins, have already started investing into bitcoins instead of the gold, as there has been high return if compare with the gold. Yes. As long the big whale investors does not stop then we will be having a big wave with them. It is funny considering there is not much into bitcoin when it comes to its features and yet we support it for a long time. I guess it is still safety we are looking for. |
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calandra78
Copper Member
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Activity: 840
Merit: 114
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August 28, 2017, 08:22:32 AM |
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Well, bitcoin's price just got higher than gold, but that doesn't mean that bitcoin is better than gold. Gold is mined like bitcoins but gold are older than bitcoin and it is still be there. Gold is Gold, Bitcoin is Bitcoin.
I dont really care really whether bitcoin got its price higher than gold because I do not really own or make profit from gold.
for me it is not so, gold and gold remain fixed but bitcoin bitcoin bitcoin more than gold ... because there was more gold and remains there compared with bitcoin. and has a value of bitcoin higher than gold. However, gold remains a repository of stuff community who are considered valuable and can be used at any time. and between gold and the same bitcoin has the same interests. |
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redsun114
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August 28, 2017, 12:53:33 PM |
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yep .., nothing can stop bitcoin right now. it is now 4000$ + the bitcoin beats gold a year ago and still increasing it's own value until today next year for sure the price of it will increase more.
Gold has now become younger brother of bitcoin, lol. Though gold is older in the market but is not capable of increasing in value tremendously in short time. Bitcoins are the present and future of world assets. They have changed the minds of traders who were up till now just investing into traditional assets. However, if you think again carefully about Bitcoin and Gold, you will understand the ratio growth in short time of them really difference. Bitcoin has grew 300.000% from first time until today, but look at again Gold, don't growth like Bitcoin but it can stable price and have a huge community than Bitcoin. Gold has huge community because it is much older than bitcoins. With passage of time, bitcoins are going to snatch gold investors and it has begun already. Many people are leaving gold or reducing the ratio of their investments into gold and are turning towards bitcoins because of their potential of creating large profits. |
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Bunsomjelican
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August 28, 2017, 01:34:16 PM |
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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.
That is not new, it is expected anyway by many here. But Gold is Gold, while Bitcoin is bitcoin it cannot be compared and they are not the same but they are both important. So, these two are good anyway. If bitcoin's up and surpassed the value of gold let it be, Because Gold will still be the same. |
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BingoDog
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August 28, 2017, 01:47:59 PM |
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Personaly I would rather invest in bitocoins than in gold. I think at the moment is more profitable and more convenient. But gold is one of the traditional investments that will never disappear no matter the modern techonologies, at least I think so, and the gold will always be valuable for the people as an asset and way of security. Precious metals, especially gold, have some special power over men.
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malaj
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Choyor
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August 28, 2017, 02:00:01 PM |
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Bitcoin itself is known to experience frequent fluctuations. The high value of Bictoin lately is thought to be the result of a soaring demand figure, As a digital currency, bitcoin actually has no intrinsic value whatsoever. The value comes only from the trust of its users alone to use Bitcoin as a means of payment or transaction tool. The high bitcoin price attracts many investors' interest to invest their conventional money into bitcoin compared to investing it into gold. so we can conclude that bitcoin is more valuable than gold.
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NavySeals
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August 28, 2017, 02:02:03 PM |
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Personaly I would rather invest in bitocoins than in gold. I think at the moment is more profitable and more convenient. But gold is one of the traditional investments that will never disappear no matter the modern techonologies, at least I think so, and the gold will always be valuable for the people as an asset and way of security. Precious metals, especially gold, have some special power over men.
I rather invest in bitcoin than gold, but this never mean that bitcoin defeated gold. Gold is the most important economical instrument of the World, butcoin still need to take a long road to catch up with gold in order to defeat it. |
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TIDOVEE
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August 28, 2017, 02:07:54 PM |
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That is a nice development for bitcoin, though, I don't really have much affiliation with the gold deal. hoping for the best of bitcoin.
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AngelSky
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August 28, 2017, 02:24:18 PM |
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That is a nice development for bitcoin, though, I don't really have much affiliation with the gold deal. hoping for the best of bitcoin.
To me bitcoin has already defeat the gold. Today with value of bitcoin you can earn n number of gold .So Upto now the price of bitcoin already defeat the gold.In gold you will get the one time profit. But here you will get weekly profit in bitcoin .Which shows,bitcoin already defeat the gold. |
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jvdp
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August 28, 2017, 02:49:17 PM |
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That is a nice development for bitcoin, though, I don't really have much affiliation with the gold deal. hoping for the best of bitcoin.
To me bitcoin has already defeat the gold. Today with value of bitcoin you can earn n number of gold .So Upto now the price of bitcoin already defeat the gold.In gold you will get the one time profit. But here you will get weekly profit in bitcoin .Which shows,bitcoin already defeat the gold. Correct .The cost of 8 grams of gold is around 45$.But the value of bitcoin equal to gold is around 4300$.Bitcoin is 10 times greater then a gold.Which shows,if you inverse in gold means,you will get the ten times profit in bitcoin as compare to Gold.The price of bitcoin is keeps on increasing.So if you inverse means,you will get the more profit. |
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Kikeeping
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August 28, 2017, 02:57:52 PM |
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Advantages of having bitcoin are much higher than gold, at least for bitcoin holders this year. and we are still optimistic that bitcoin still strong to keep going up. While profits from gold are small even for a holding period of 1 year.
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biskitop
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August 28, 2017, 03:14:47 PM |
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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 also think the same with you. When lately bitcoin value continues to rise to reach 1 btc = 4311.91 US Dollar. Meanwhile, gold value 1 gram = 41,74 USD and 1 Kg = 41.741,64 USD. It is very unbelievable that bitcoin values go so far beyond current gold. |
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