Bitcoin has defeated gold

[VanDeinsberg12]

In price yes bitcoin defeated gold but in value and for a long term investment i think gold can not defeated bitcoin.  The price of bitcoin is so high but i know that if i choose where i invest my money in a long term i will invest it in gold to secured my future.

It's not defeat the price of gold. Gold is the stable investment everytime. Do you remember how much will you pay for a kilo of gold in this time? Both are having the different purpose. The gold had the stable price since previous centuries. and i think both is different stuff.

[gabbie2010]

Gold is a precious metal while Bitcoin is a virtual currency there is noticeable differences bet the two as for Bitcoin the ability to trade it online makes it quite easier unlike Gold.

[Kimi80]

Gold is a precious metal while Bitcoin is a virtual currency there is noticeable differences bet the two as for Bitcoin the ability to trade it online makes it quite easier unlike Gold.

The point is not in difference between them, its just competition what will worth more, people like expensive thing. This topic sounds like some morality boost for people that have connections with bitcoins, and nothing more. Nice thing is that bitcoin worth more then gold, bitcoin is used more then gold and deserve to cost more.

[Luno]

In price yes bitcoin defeated gold but in value and for a long term investment i think gold can not defeated bitcoin.  The price of bitcoin is so high but i know that if i choose where i invest my money in a long term i will invest it in gold to secured my future.

It's not defeat the price of gold. Gold is the stable investment everytime. Do you remember how much will you pay for a kilo of gold in this time? Both are having the different purpose. The gold had the stable price since previous centuries. and i think both is different stuff.

Yes both are different stuff, Gold has the consistency but if you talk about the profit wise then the btc will be the best option. hardly we can say that btc price will fall down, however there is no guarantee of anything in this world, it is up to there personal choice to know what they should invest.if you want to play very safe then gold will be the option you can choose however nevertheless btc has been consistently progressing well. bit coin is best for the future investment.

[bitsmichel]

In price yes bitcoin defeated gold but in value and for a long term investment i think gold can not defeated bitcoin.  The price of bitcoin is so high but i know that if i choose where i invest my money in a long term i will invest it in gold to secured my future.

yes that is a fact that bitcoin has already defeated gold. as gold has little fluctuation and there is always a negligible change in the price of gold while bitcoin has a huge fluctuation in its price and we can make good profit if we invest money in bitcoin.

Yes, we get a good profit, but we do not need to say that bitcoin will replace gold. These are different investment objects and they do not need to be compared.

The intent was to replace for profitable, is it true that bitcoin defeated gold in profitable, but I don't agree if bitcoin beat gold for investment. Gold is legal investment that accepted all peoples in the world, and marketcap is very huge and first option investment by all countries.

Bitcoin isn't listed as an illegal investment in my country, so I don't have what to fear. The only fear I can have is the one that they might turn it into an illegal one sooner or later. But until then, I can use it without restrictions. Gold will always be the best investment honestly, because it can be used as a currency in any possible scenario. Bitcoin still has some cons. Just the fact that it is now valued more than gold is doesn't necessarily make it better. For traders, it is. But not for the preppers, for example.

Bitcoin can defeat gold but in terms of consistency and in terms of trust with the common people, they go for gold which is very common and it is highly safe. however majority of the people don't know about the btc as it is not old as gold. sooner or later will gain much respect as gold but it will take time.

[nethan1btc]

Both bitcoin and gold has its specific advantages because og the price value they had but the only comparison between the is gold has a physical appearance while bitcoin has a digital form and can be viewed only in the wen network. For now I have no concrete information that btc defeated gold because gold has good standing of price market value that has no erratic fluctuations although bitcoin has higher price nowadays but the price fluctuations really has fluctuated behaviour.

[Trongersoll]

In price yes bitcoin defeated gold but in value and for a long term investment i think gold can not defeated bitcoin.  The price of bitcoin is so high but i know that if i choose where i invest my money in a long term i will invest it in gold to secured my future.

yes that is a fact that bitcoin has already defeated gold. as gold has little fluctuation and there is always a negligible change in the price of gold while bitcoin has a huge fluctuation in its price and we can make good profit if we invest money in bitcoin.

Yes, we get a good profit, but we do not need to say that bitcoin will replace gold. These are different investment objects and they do not need to be compared.

The intent was to replace for profitable, is it true that bitcoin defeated gold in profitable, but I don't agree if bitcoin beat gold for investment. Gold is legal investment that accepted all peoples in the world, and marketcap is very huge and first option investment by all countries.

Bitcoin isn't listed as an illegal investment in my country, so I don't have what to fear. The only fear I can have is the one that they might turn it into an illegal one sooner or later. But until then, I can use it without restrictions. Gold will always be the best investment honestly, because it can be used as a currency in any possible scenario. Bitcoin still has some cons. Just the fact that it is now valued more than gold is doesn't necessarily make it better. For traders, it is. But not for the preppers, for example.

Agree, the only reason still some people are not trusting the btc is because it will look new to them sooner or later they will start accepting it. I think government will act against this btc because it is decentralized one so it is difficult to say that it will be popular among everyone but one thing is sure that majority of the people will start using it which in turn is a good benefit for all.

[RENATA612]

bitcoin now been proven that it is indeed a good place for investment, even if the price is always changing but we can always take profits if we could read the situation {market}

[youdacapt]

Both bitcoin and gold has its specific advantages because og the price value they had but the only comparison between the is gold has a physical appearance while bitcoin has a digital form and can be viewed only in the wen network. For now I have no concrete information that btc defeated gold because gold has good standing of price market value that has no erratic fluctuations although bitcoin has higher price nowadays but the price fluctuations really has fluctuated behaviour.

It depends on how you understand it, if you are happy with daily fluctuation, bitcoin is the best to use, gold rose gradually because of its rarity, in future if bitcoin mining has run out will also apply equally. Bitcoin is better than gold due to be the benchmark of all altcoin. So price movement very quickly although bitcoin increasingly rare.

[The_Dark_Knight]

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.

For the bitcoin enthusiast of course we are proud that our bitcoin overtake and surpassed the value of Gold, But to make it clear something in the question above bitcoin was designed not to destroy or defeating something in the business. Bitcoin it maybe a competitors to any business but in truth bitcoin can be adopt into all business in the whole world. Meaning, bitcoin didn't defeat gold it is still exist its only a matter of value price between Bitcoin and Gold.

True, it was never the goal of bitcoin to defeat gold but at the same time , it was a benchmark, bitcoin was often compared to gold and now bitcoin has finally surpassed that which was one of its greatest adversaries  so of course we are going to celebrate.

[20kevin20]

In price yes bitcoin defeated gold but in value and for a long term investment i think gold can not defeated bitcoin.  The price of bitcoin is so high but i know that if i choose where i invest my money in a long term i will invest it in gold to secured my future.

yes that is a fact that bitcoin has already defeated gold. as gold has little fluctuation and there is always a negligible change in the price of gold while bitcoin has a huge fluctuation in its price and we can make good profit if we invest money in bitcoin.

Yes, we get a good profit, but we do not need to say that bitcoin will replace gold. These are different investment objects and they do not need to be compared.

The intent was to replace for profitable, is it true that bitcoin defeated gold in profitable, but I don't agree if bitcoin beat gold for investment. Gold is legal investment that accepted all peoples in the world, and marketcap is very huge and first option investment by all countries.

Bitcoin isn't listed as an illegal investment in my country, so I don't have what to fear. The only fear I can have is the one that they might turn it into an illegal one sooner or later. But until then, I can use it without restrictions. Gold will always be the best investment honestly, because it can be used as a currency in any possible scenario. Bitcoin still has some cons. Just the fact that it is now valued more than gold is doesn't necessarily make it better. For traders, it is. But not for the preppers, for example.

Agree, the only reason still some people are not trusting the btc is because it will look new to them sooner or later they will start accepting it. I think government will act against this btc because it is decentralized one so it is difficult to say that it will be popular among everyone but one thing is sure that majority of the people will start using it which in turn is a good benefit for all.

Kids and teens will grow up with Bitcoin, in my opinion. They absolutely love technology, we can see that around us. It's impossible to love technology and not hear about Bitcoin, at least once in your life. That's when it becomes interesting for them.

Our userbase is small right now, if we compare Bitcoin to PayPal or any other payment methods. But it's because of the media lying about Bitcoin being the loved currency of the criminals, because of people getting used too much to paper and physically existing money and assets. I'm used to them too, but I find Bitcoin really interesting and a genius idea.

When the kids that are 10-12 years old at the moment will grow up, they'll see a difference. They'll see what Bitcoin is from a totally different perspective, because they'll grow up in a different way than we did. Just like our parents. I am just hoping there's nothing to do against Bitcoin. The governments have enough genius people to think about actions that can be taken against it. Let's hope there is none..

[Erza]

Both bitcoin and gold has its specific advantages because og the price value they had but the only comparison between the is gold has a physical appearance while bitcoin has a digital form and can be viewed only in the wen network. For now I have no concrete information that btc defeated gold because gold has good standing of price market value that has no erratic fluctuations although bitcoin has higher price nowadays but the price fluctuations really has fluctuated behaviour.

It depends on how you understand it, if you are happy with daily fluctuation, bitcoin is the best to use, gold rose gradually because of its rarity, in future if bitcoin mining has run out will also apply equally. Bitcoin is better than gold due to be the benchmark of all altcoin. So price movement very quickly although bitcoin increasingly rare.

It depends on how you underatand this thing, most of them are saving gold instead of bitcoin because of its volatility. Gold is more stable now and the price is keep on increasing mean while bitcoin somehow can be long term investment but sure it is risky thing because we never know exactly the price will go, some will say that it will going higher and higher and others said it will be fluctuative and no exact price. For now I will prefer to do both saving

[LuanX3]

Both bitcoin and gold has its specific advantages because og the price value they had but the only comparison between the is gold has a physical appearance while bitcoin has a digital form and can be viewed only in the wen network. For now I have no concrete information that btc defeated gold because gold has good standing of price market value that has no erratic fluctuations although bitcoin has higher price nowadays but the price fluctuations really has fluctuated behaviour.

It depends on how you understand it, if you are happy with daily fluctuation, bitcoin is the best to use, gold rose gradually because of its rarity, in future if bitcoin mining has run out will also apply equally. Bitcoin is better than gold due to be the benchmark of all altcoin. So price movement very quickly although bitcoin increasingly rare.

It depends on how you underatand this thing, most of them are saving gold instead of bitcoin because of its volatility. Gold is more stable now and the price is keep on increasing mean while bitcoin somehow can be long term investment but sure it is risky thing because we never know exactly the price will go, some will say that it will going higher and higher and others said it will be fluctuative and no exact price. For now I will prefer to do both saving

Gold is for people who are more risk averse than risk takers. Since gold's prices is quite stable than bitcoins, this is really a good way to just save your money and not really for investing it to grow your money. People who use bitcoin as a medium are more of risk takers as their money can double within a year or maybe drop by half.

[qiwoman]

Both bitcoin and gold has its specific advantages because og the price value they had but the only comparison between the is gold has a physical appearance while bitcoin has a digital form and can be viewed only in the wen network. For now I have no concrete information that btc defeated gold because gold has good standing of price market value that has no erratic fluctuations although bitcoin has higher price nowadays but the price fluctuations really has fluctuated behaviour.

It depends on how you understand it, if you are happy with daily fluctuation, bitcoin is the best to use, gold rose gradually because of its rarity, in future if bitcoin mining has run out will also apply equally. Bitcoin is better than gold due to be the benchmark of all altcoin. So price movement very quickly although bitcoin increasingly rare.

It depends on how you underatand this thing, most of them are saving gold instead of bitcoin because of its volatility. Gold is more stable now and the price is keep on increasing mean while bitcoin somehow can be long term investment but sure it is risky thing because we never know exactly the price will go, some will say that it will going higher and higher and others said it will be fluctuative and no exact price. For now I will prefer to do both saving

Gold is for people who are more risk averse than risk takers. Since gold's prices is quite stable than bitcoins, this is really a good way to just save your money and not really for investing it to grow your money. People who use bitcoin as a medium are more of risk takers as their money can double within a year or maybe drop by half.

Yes you have explained it really well because bitcoin and gold are two completely different entities where are gold has more stability which can help people to save their money but  cannot help much with return on investment and wherein other hand bitcoin lacks stability but it's much better day by day and gaining some stability and bitcoin can provide unexpected return on investment if you play smart with patience and complete market research at your own risk. 

[thunderbitz2717]

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.

Bitcoin now was 1064$, So I cannot say that bitcoin defeat gold. Like what everybody most often said here because of the volatility of bitcoin  it can get higher quickly and it can get down the price in no time that's the reason, unlike in gold my ideas was gold increase always everyweek but not that aggressive as bitcoin have.

[Sithara007]

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.

Bitcoin now was 1064$, So I cannot say that bitcoin defeat gold. Like what everybody most often said here because of the volatility of bitcoin  it can get higher quickly and it can get down the price in no time that's the reason, unlike in gold my ideas was gold increase always everyweek but not that aggressive as bitcoin have.

You can't compare the exchange rate of Bitcoin, with the market price of gold. Because the units used are not similar. Bitcoin exchange rate is per coin, and the gold price is per ounce. Coin and ounce are not equivalent. The only way in which you can compare both gold and Bitcoin, is by comparing their market caps. Now BTC is having a market cap of $17 billion USD, while that of gold is around $6 trillion.

[bravehearth0319]

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.

But bitcoin so far was presently was 1064$, It recovers now anyhow unlike yesterday it was 980$ I think. Maybe a couple of week from now it will resume at 1200$ or more going to 1300$ up to 1500$ this month of April, just stay hold and now worries.

[CODE200]

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.

From the start when i used bitcoin i knew that bitcoin could defeat gold because the price of bitcoin are starting to increase unlike gold the price of it are stable. But the truth is, it wasn't bitcoin goal to defeat gold it's just arbitrary that bitcoin just defeated gold.

[haoxihata]

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.

They are different investments with different fundamentals.  
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.   
Total physcial gold market cap = $7,412,468,544,642   
Total bitcoin market cap =              $20,219,997,543    
You cannot make a direct comparison between the two.

[nethan1btc]

From the previous month of bitcoin price we may think that it has to be more stable and fall of economic system is not going to happen and most of us think, that price of gold was defeated. But in reality all positive speculations end up to failure and price now been fluctuating, and eventually it may fall to lowest value because of hard those dumping getting higher as well as hard fork.