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Author Topic: Bitcoin has defeated gold  (Read 28561 times)
xIIImaL
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April 01, 2017, 02:28:50 PM
 #221

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.

Last month starting bitcoin price is equals to the one ounce of gold. We may see the price dips in the past some weeks. However, price is seems recovered and price settled more than 1100$ now. Every year in April month. Price use to bump to some decent value, just check the price for past two years. I hope we gonna touch the next peak value in this month.
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April 01, 2017, 03:45:40 PM
 #222

I have maintained the position last month where the comparison starts between gold and bitcoin and with much relevance to bitcoin. Comparison can not be perfect without considering long term. Last month when the price of bitcoin overcomes that of gold, the news was all over without considering the volatility of bitcoin and in a space of few weeks we have seen bitcoin go down to the $900 and now to the $100 among other things that have happened to bitcoin. Longterm effect is important before conclusion is achieved.
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April 01, 2017, 04:02:12 PM
 #223

I have maintained the position last month where the comparison starts between gold and bitcoin and with much relevance to bitcoin. Comparison can not be perfect without considering long term. Last month when the price of bitcoin overcomes that of gold, the news was all over without considering the volatility of bitcoin and in a space of few weeks we have seen bitcoin go down to the $900 and now to the $100 among other things that have happened to bitcoin. Longterm effect is important before conclusion is achieved.

Yes. last month was a great month for bitcoin because it reached ATH and has past gold price per ounce. But both being volatility, so its really hard to compare them. But I don't know if bitcoin is good investment in long term as compared to gold. And gold for me has a decent store value than bitcoin because of its long history and people has already put a lot of trust in gold and they are willing to buy gold as leverage for economic crisis.
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April 01, 2017, 05:40:53 PM
 #224

well there is no dought i never doughted on bitcoin. hence it is completly proved that we are the future elite, now all we have to do is buy some more bitcoins as it is going to rise much higher reaching a whole new level. i remember the time when we hit the mt gox crash or the china ban those are really the bubbles but its very real
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April 02, 2017, 03:24:13 PM
 #225

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.
It maybe bitcoin have exceed the price of gold, but the question is how long? the disadvantage of bitcoin only compare to gold was the volatility there is no fixed amount to make the value of it be remain. Unlike in gold every week there is an 100% assurance that it will increase even small average of increase at least it surely go up.
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April 03, 2017, 11:35:47 PM
 #226

Bitcoin: $1260/BTC
Gold: $1241/xau
Well, I can not believe that the Bitcoin prices has crossed over gold sooner than I expect. I thought the process would be finished in April. Wow, Bitcoin is truly worth and everyone who has sold their Bitcoin has made a huge mistake. Nothing can stop Bitcoin right now.
At the present gold is leading the price now into bitcoin, its because of the volatility, or sometimes there is a rebound happened into bitcoin. But bitcoin is going up now which is ready to take off again to resume the highest peak amount he made which 1300$plus, but it doesn't bitcoin defeated Gold, no is not like that of course it will always be gold as gold.
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April 03, 2017, 11:47:21 PM
 #227

Bitcoin: $1260/BTC
Gold: $1241/xau
Well, I can not believe that the Bitcoin prices has crossed over gold sooner than I expect. I thought the process would be finished in April. Wow, Bitcoin is truly worth and everyone who has sold their Bitcoin has made a huge mistake. Nothing can stop Bitcoin right now.
At the present gold is leading the price now into bitcoin, its because of the volatility, or sometimes there is a rebound happened into bitcoin. But bitcoin is going up now which is ready to take off again to resume the highest peak amount he made which 1300$plus, but it doesn't bitcoin defeated Gold, no is not like that of course it will always be gold as gold.

The bitcoin may have a good and higher price than gold, but it will never run past gold because it is gold. Bitcoins price is really volatile and it is not really stable, while gold are still gold, having such good price and a better asset than bitcoin. It may reach $1300 in the future, still gold will be a better asset than bitcoin because it is gold, it is known everywhere and can be used to buy everywhere, while bitcoin is a digital currency and not a really popular asset. I agree with you, gold is a better asset than bitcoin, gold will always be gold as gold.

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April 04, 2017, 02:19:13 AM
 #228

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.

you know comparing an ounce of gold with 1 bitcoin is a useless comparison right?

Bitcoin is insignificant compared to the value of all gold in the world.

One day, bitcoin or another crypto might be worth more than all the gold in the world (I expect so), but this day is far from here right now.

Bitcoin will only have truly beaten gold if bitcoin reached a market cap of over 7 trillion, which would mean a single coin would need to cost over $350 000
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April 04, 2017, 03:34:04 AM
 #229

well there is no dought i never doughted on bitcoin. hence it is completly proved that we are the future elite, now all we have to do is buy some more bitcoins as it is going to rise much higher reaching a whole new level. i remember the time when we hit the mt gox crash or the china ban those are really the bubbles but its very real

Not for now, bitcoin is still being overcome by gold. But I know one day that bitcoin will defeat gold when it comes to pricing. And the possibility of the gold investors to shift in bitcoin. When that happens, bitcoin will have another new comers and investors and it will make the price of bitcoin to pump once there will be a lot of people to invest again.



 

 

 

 

 

 


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April 04, 2017, 03:43:44 AM
 #230

I did hear in the news earlier today that gold has sunk drastically to what it was since last year although very briefly I think it was due to over production.
So bitcoin can overtake their hold over gold yet again if that news media outlet was telling the truth or not.
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April 04, 2017, 06:12:05 AM
 #231

I did hear in the news earlier today that gold has sunk drastically to what it was since last year although very briefly I think it was due to over production.
So bitcoin can overtake their hold over gold yet again if that news media outlet was telling the truth or not.

I was so amaze that bitcoin able to compete gold value so that's why I'm holding most of my bits in last 2 year and wait for next halving.
Just  keep tell my friend and my family about this bitcoin ,  it will increase bitcoin popularity and the value will keep increase overtime although bitcoin value still consider volatile !

Smiley
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April 04, 2017, 06:37:11 AM
 #232

I did hear in the news earlier today that gold has sunk drastically to what it was since last year although very briefly I think it was due to over production.
So bitcoin can overtake their hold over gold yet again if that news media outlet was telling the truth or not.

I was so amaze that bitcoin able to compete gold value so that's why I'm holding most of my bits in last 2 year and wait for next halving.
Just  keep tell my friend and my family about this bitcoin ,  it will increase bitcoin popularity and the value will keep increase overtime although bitcoin value still consider volatile !
you're right, bitcoin is really very favorable. in fact, it has exceeded gold in line with expectations of people in a few years. perhaps, bitcoin will far exceed gold in a few years, it might be very nice if we make an investment tool.

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April 04, 2017, 07:53:15 AM
 #233

Stay with bitcoin bitcoin article buy commercial From carp to review the Long Term
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April 04, 2017, 09:36:48 AM
 #234

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.

Last month starting bitcoin price is equals to the one ounce of gold. We may see the price dips in the past some weeks. However, price is seems recovered and price settled more than 1100$ now. Every year in April month. Price use to bump to some decent value, just check the price for past two years. I hope we gonna touch the next peak value in this month.
Yeah when i see bitcoin price higher than gold price, it's only for a while because still many people not believe with bitcoin and i bet many people in into that's trap, now they think how to covered they lost.

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April 04, 2017, 11:43:15 AM
 #235

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.

Last month starting bitcoin price is equals to the one ounce of gold. We may see the price dips in the past some weeks. However, price is seems recovered and price settled more than 1100$ now. Every year in April month. Price use to bump to some decent value, just check the price for past two years. I hope we gonna touch the next peak value in this month.
Yeah when i see bitcoin price higher than gold price, it's only for a while because still many people not believe with bitcoin and i bet many people in into that's trap, now they think how to covered they lost.
The above gold's price was just a only for a while because bitcoin is very volatile and after a few days the price was just go down until now. So people are now in the trap of bagholding because they don't want to lose money but even though the price drops i can still say that bitcoin is safe because after a few months it will pump again.
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April 04, 2017, 06:45:20 PM
 #236

I did hear in the news earlier today that gold has sunk drastically to what it was since last year although very briefly I think it was due to over production.
So bitcoin can overtake their hold over gold yet again if that news media outlet was telling the truth or not.

I was so amaze that bitcoin able to compete gold value so that's why I'm holding most of my bits in last 2 year and wait for next halving.
Just  keep tell my friend and my family about this bitcoin ,  it will increase bitcoin popularity and the value will keep increase overtime although bitcoin value still consider volatile !
you're right, bitcoin is really very favorable. in fact, it has exceeded gold in line with expectations of people in a few years. perhaps, bitcoin will far exceed gold in a few years, it might be very nice if we make an investment tool.

yes,investment in bitcoin now is good as we can compare it to the gold that we have now. Its value really good unlike in gold the price really come quick and fast. Bitcoin has defeated gold in a sense that it is a gold (An investment)  as well as a currency. You can keep it like a gold and whenever you need money just buy things from it.
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August 14, 2017, 09:43:29 PM
 #237

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.

Last month starting bitcoin price is equals to the one ounce of gold. We may see the price dips in the past some weeks. However, price is seems recovered and price settled more than 1100$ now. Every year in April month. Price use to bump to some decent value, just check the price for past two years. I hope we gonna touch the next peak value in this month.
Yeah when i see bitcoin price higher than gold price, it's only for a while because still many people not believe with bitcoin and i bet many people in into that's trap, now they think how to covered they lost.
The above gold's price was just a only for a while because bitcoin is very volatile and after a few days the price was just go down until now. So people are now in the trap of bagholding because they don't want to lose money but even though the price drops i can still say that bitcoin is safe because after a few months it will pump again.
When was that reply? About a year ago? Didn't you see the boards? The price is already in $4000+/BTC compare to gold. In reality and ideality Bitcoin have already overcome Gold. Availability not so hard; price is higher; worldwide use? Yes! (Not all); although it is volatile atleast it is decentralized.
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August 15, 2017, 05:14:30 PM
 #238

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.

Last month starting bitcoin price is equals to the one ounce of gold. We may see the price dips in the past some weeks. However, price is seems recovered and price settled more than 1100$ now. Every year in April month. Price use to bump to some decent value, just check the price for past two years. I hope we gonna touch the next peak value in this month.
Yeah when i see bitcoin price higher than gold price, it's only for a while because still many people not believe with bitcoin and i bet many people in into that's trap, now they think how to covered they lost.
The above gold's price was just a only for a while because bitcoin is very volatile and after a few days the price was just go down until now. So people are now in the trap of bagholding because they don't want to lose money but even though the price drops i can still say that bitcoin is safe because after a few months it will pump again.
When was that reply? About a year ago? Didn't you see the boards? The price is already in $4000+/BTC compare to gold. In reality and ideality Bitcoin have already overcome Gold. Availability not so hard; price is higher; worldwide use? Yes! (Not all); although it is volatile atleast it is decentralized.
Anyone who is saying that Bitcoin hasn’t defeated gold must have been blind all this while. You can’t compare gold with bitcoin at its current rate.
Bitcoin is now at the rate of $4000, with lots of investments into. I don’t even think there are lots of people investing gold like that. Gold can’t compete in the ring this time around, because Bitcoin already won the belt.
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August 15, 2017, 06:03:17 PM
 #239

This is a ridiculous assertion. Nothing can replace gold because it is tangible money, and thus the ultimate safe-haven asset. Increasingly, bitcoin is encoraching on territory previously held by gold, but both assets should not be viewed as mutually exclusive. Many investors choose to own both as a hedge to inflation. Bitcoin can be viewed as a digital version of gold.
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August 15, 2017, 07:44:52 PM
 #240

Above ground gold is worth $6T compare that to BTC market cap, and you'll see that it's a hundred times smaller. But even gold is nothing comparing to seeds and drinking water (they are building GMO free seeds depositors not for fun).
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