Bitcoin has defeated gold

[bncbnc]

Not yet, gold still has a lot of devotee, I think bitcoin and gold is good to be the future of money. Sending gold is difficult so Bitcoin can be the representative of gold although there are a limitation of the amount of Bitcoin.

What is this some kind of occult to you. Ofcourse gold will always have people who're interested in it. I mean you if you would think about it, it is widely used in different sorts of things like for instance jewelries its a common material for it.

Because bitcoin is not physical, people have doubts about it. I totally understand your point, but in gold, you don't always have it physical manner, you can buy gold based assets from the stock markets as well. This way, I can't understand why some think bitcoin is untrusted. When an asset is not physical, this doesn't mean it's untrusted.

that is right so we should not compare the two, in fact bitcoin is a digital currency and it is created to use it for shopping and buying selling like fiat currency while gold is an element and people are using it for investment and saving.

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[stolendata]

Not yet, gold still has a lot of devotee, I think bitcoin and gold is good to be the future of money. Sending gold is difficult so Bitcoin can be the representative of gold although there are a limitation of the amount of Bitcoin.

What is this some kind of occult to you. Ofcourse gold will always have people who're interested in it. I mean you if you would think about it, it is widely used in different sorts of things like for instance jewelries its a common material for it.

in fact the modern people are giving more preference to bitcoin therefore we can say that bitcoin has defeated gold, as  in my area the price of bitcoin exceeded the price of gold too much.

[Vikingr]

I dont think that bitcoin would be able to defeat gold, as for gold is way more precious that bitcoin. Maybe bitcoin is much more expensive now than gold, but gold will never be gone. Let's just not compare these two.

bitcoin is better than gold no doubt the worth and the importance of the bitcoin is much higher than gold bitcoin beat gold back in the 2012 when the price of the bitcoin was about 1300$ and the price of the gold was 500$ so we can see bitcoin has been important and more valuable than gold long ago to invest money.

Yes I agree with you that Bitcoin is better than gold as we see more and more people are investing in Bitcoin than gold.

In terms of current profitability, Bitcoin has defeated Gold in every manner possible. And i doubt that Bitcoin is going to crash so hard that its going to go below the $2000 value. Even when it goes to that value its still valuable than Gold. Bitcoin is currently the most profitable commodity in the entire world.

I would like to know why you doubt that Bitcoin is going to crash this hard that will touch $2000 again?

Comparing gold and Bitcoin on the basis of price is baseless. They both have their own price driving factors. Where Bitcoin price varies largely due to demand and supply and has limited supply, thus, price will grow in future as well, gold vary largely with dollar price, oil prices along with supply and demand and is lot more famous than Bitcoin. These are two different commodities that can't be compared. Both are excellent investment assets and are best to have diversified investment plan.

it look like gold’s ass is protected, well look bitcoin is his own boss, he never got anyone behind his back, it works alone and make many millionaires, you should can’t deny that fact that bitcoin is much more expensive then gold and much stable then gold from now on. Because bitcoin’s price down because of his users, I mean because of buyers.

[Indrawan77]

Not yet, gold still has a lot of devotee, I think bitcoin and gold is good to be the future of money. Sending gold is difficult so Bitcoin can be the representative of gold although there are a limitation of the amount of Bitcoin.

What is this some kind of occult to you. Ofcourse gold will always have people who're interested in it. I mean you if you would think about it, it is widely used in different sorts of things like for instance jewelries its a common material for it.

Because bitcoin is not physical, people have doubts about it. I totally understand your point, but in gold, you don't always have it physical manner, you can buy gold based assets from the stock markets as well. This way, I can't understand why some think bitcoin is untrusted. When an asset is not physical, this doesn't mean it's untrusted.

People doubt bitcoin not because of it got physical or not,  but they believe that bitcoin won't survive for too long and afraid it can be banned by the government, while bitcoin is very profitable some people prefer gold to invest because it is more stable and will never being left behind by anyone, for now invest in bitcoin is very profitable and the enthusiasm for bitcoin is far greater than gold

[skyline247]

Not yet, gold still has a lot of devotee, I think bitcoin and gold is good to be the future of money. Sending gold is difficult so Bitcoin can be the representative of gold although there are a limitation of the amount of Bitcoin.

What is this some kind of occult to you. Ofcourse gold will always have people who're interested in it. I mean you if you would think about it, it is widely used in different sorts of things like for instance jewelries its a common material for it.

Because bitcoin is not physical, people have doubts about it. I totally understand your point, but in gold, you don't always have it physical manner, you can buy gold based assets from the stock markets as well. This way, I can't understand why some think bitcoin is untrusted. When an asset is not physical, this doesn't mean it's untrusted.

People doubt bitcoin not because of it got physical or not,  but they believe that bitcoin won't survive for too long and afraid it can be banned by the government, while bitcoin is very profitable some people prefer gold to invest because it is more stable and will never being left behind by anyone, for now invest in bitcoin is very profitable and the enthusiasm for bitcoin is far greater than gold

Exactly.

See, Gold will never or could never be banned by the government because it is all over in the world. There is no way to get all of it or block people from mining it. Bitcoin on the other hand can be blocked because it operates mostly on the internet (I know not technically, but I am talking about how it is transacted) and thus opens the floodgates for government to come in and try to influence things, which they are already doing and have been for a long while now (BTC-e being the latest).

[madwica]

Not yet, gold still has a lot of devotee, I think bitcoin and gold is good to be the future of money. Sending gold is difficult so Bitcoin can be the representative of gold although there are a limitation of the amount of Bitcoin.

What is this some kind of occult to you. Ofcourse gold will always have people who're interested in it. I mean you if you would think about it, it is widely used in different sorts of things like for instance jewelries its a common material for it.

Because bitcoin is not physical, people have doubts about it. I totally understand your point, but in gold, you don't always have it physical manner, you can buy gold based assets from the stock markets as well. This way, I can't understand why some think bitcoin is untrusted. When an asset is not physical, this doesn't mean it's untrusted.

People doubt bitcoin not because of it got physical or not,  but they believe that bitcoin won't survive for too long and afraid it can be banned by the government, while bitcoin is very profitable some people prefer gold to invest because it is more stable and will never being left behind by anyone, for now invest in bitcoin is very profitable and the enthusiasm for bitcoin is far greater than gold

I do not see why they banning bitcoin, if you think it could helps lot of people to make some income and to make their life much easier, bitcoin is a great opportunity to all people to make money online even it can help to make people rich. But bitcoin never defeat gold because gold is very stable and it is available in the whole world also it has physical to hold by people as security of their investment.

[Sled]

Not yet, gold still has a lot of devotee, I think bitcoin and gold is good to be the future of money. Sending gold is difficult so Bitcoin can be the representative of gold although there are a limitation of the amount of Bitcoin.

What is this some kind of occult to you. Ofcourse gold will always have people who're interested in it. I mean you if you would think about it, it is widely used in different sorts of things like for instance jewelries its a common material for it.

Because bitcoin is not physical, people have doubts about it. I totally understand your point, but in gold, you don't always have it physical manner, you can buy gold based assets from the stock markets as well. This way, I can't understand why some think bitcoin is untrusted. When an asset is not physical, this doesn't mean it's untrusted.

People doubt bitcoin not because of it got physical or not,  but they believe that bitcoin won't survive for too long and afraid it can be banned by the government, while bitcoin is very profitable some people prefer gold to invest because it is more stable and will never being left behind by anyone, for now invest in bitcoin is very profitable and the enthusiasm for bitcoin is far greater than gold

I do not see why they banning bitcoin, if you think it could helps lot of people to make some income and to make their life much easier, bitcoin is a great opportunity to all people to make money online even it can help to make people rich. But bitcoin never defeat gold because gold is very stable and it is available in the whole world also it has physical to hold by people as security of their investment.

They are banning bitcoin because they believe that bitcoin will just promotes crimes because as we know, bitcoin is anonymous because the sender and the receiver cannot be traced or track down so it is an advantage for them so if you are going to see bitcoin in the side of the government then you will realize that they have also a good point for banning it.

[matanglawin]

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.

Indeed, but Gold still has a more stable market price than Biycoin. Also it has physical value and Bitcoin don't. So, it doesn't mean that just because Bitcoin has a bigger market value than gold, investors will always go for Bitcoin. It still depends. Bitcoin has a higher rste of incres in terms of its market value than Gold but it often decrease.

[rockyboy]

I guess that is not true. Bitcoin is not that popular in other countries but gold is well known to everyone. A lot of people have doubts in bitcoin considering the fact that you can't hold it. Unlike gold, when people hold it and show that it's real they will know eventually the real value of gold but in bitcoin the price is very unstable.

[michellee]

in my opinion, bitcoin is not yet defeat gold as we know many people still using gold as their investment because they believe that gold is the safest investment that they can have. although the price is higher between bitcoin than gold, but people still choosing gold and gold is famous investment in our offline life.

[YGM]

As the price of bitcoin is increasing day by day it will be going beyond the gold price. This is what the future of bitcoin will be soon.   

[deisik]

See, Gold will never or could never be banned by the government because it is all over in the world. There is no way to get all of it or block people from mining it. Bitcoin on the other hand can be blocked because it operates mostly on the internet (I know not technically, but I am talking about how it is transacted) and thus opens the floodgates for government to come in and try to influence things, which they are already doing and have been for a long while now (BTC-e being the latest).

You may want to learn a bit of history

Gold had already been banned in the past, and not by some crappy and shady government of a third world country but that of the US. Further, I'm curious how many people are actually mining gold in the literal sense of the world. I guess you can indeed try to dig some gold in the backyard of your home (if you have one), but I doubt that you will be allowed to dig gold in a goldmine on your own, so, in a sense, people are already "blocked from mining it"

[Vinalians]

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.

[aeternus]

I dont think that bitcoin would be able to defeat gold, as for gold is way more precious that bitcoin. Maybe bitcoin is much more expensive now than gold, but gold will never be gone. Let's just not compare these two.

bitcoin is better than gold no doubt the worth and the importance of the bitcoin is much higher than gold bitcoin beat gold back in the 2012 when the price of the bitcoin was about 1300$ and the price of the gold was 500$ so we can see bitcoin has been important and more valuable than gold long ago to invest money.

Yes I agree with you that Bitcoin is better than gold as we see more and more people are investing in Bitcoin than gold.

In terms of current profitability, Bitcoin has defeated Gold in every manner possible. And i doubt that Bitcoin is going to crash so hard that its going to go below the $2000 value. Even when it goes to that value its still valuable than Gold. Bitcoin is currently the most profitable commodity in the entire world.

Bitcoin is probably one of the most expensive things in the world especially if we take into account that we cannot touch our bitcoins, but in terns of market cap gold still has a very clear advantage and it is going to take a lot of time for bitcoin to change that.

[kelstasy]

I knew it but didn't expected it too be this sooner, fingers crossed hope there will be a time that btc will be twice the price of gold

[Farma]

I dont think that bitcoin would be able to defeat gold, as for gold is way more precious that bitcoin. Maybe bitcoin is much more expensive now than gold, but gold will never be gone. Let's just not compare these two.

bitcoin is better than gold no doubt the worth and the importance of the bitcoin is much higher than gold bitcoin beat gold back in the 2012 when the price of the bitcoin was about 1300$ and the price of the gold was 500$ so we can see bitcoin has been important and more valuable than gold long ago to invest money.

Yes I agree with you that Bitcoin is better than gold as we see more and more people are investing in Bitcoin than gold.

In terms of current profitability, Bitcoin has defeated Gold in every manner possible. And i doubt that Bitcoin is going to crash so hard that its going to go below the $2000 value. Even when it goes to that value its still valuable than Gold. Bitcoin is currently the most profitable commodity in the entire world.

Bitcoin is probably one of the most expensive things in the world especially if we take into account that we cannot touch our bitcoins, but in terns of market cap gold still has a very clear advantage and it is going to take a lot of time for bitcoin to change that.

Well, bitcoin can indeed be a gold rival in terms of investment, but basically bitcoin has an uncertain price, although I believe that bitcoin will have a high price in the future, but it's still ambiguous. But gold will be precious forever.

[Sniper150]

Why should you say that bitcoin has defeated gold? I do not agree with that. No matter what happens, gold is still gold and no other things could replace in gold. Bitcoin is only another type of digital currency and can be also traded like gold, it could also be mine. There is something different from the two and there is also the same for other uses. Bitcoin could also be used to pay kind of stuff but gold is not.

[kyucryp]

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.

and all people make it possible
more people interest in bitcoin, the price will increase slowly.
and you know, bitcoin more easy to earn than gold. it also cause of the rising's price.

[legendbtc]

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.

and all people make it possible
more people interest in bitcoin, the price will increase slowly.
and you know, bitcoin more easy to earn than gold. it also cause of the rising's price.

Yes, you are right Bitcoin price will increase but at the same time, Gold is also a good investment but with the increased price of Bitcoin many people are showing interest towards it. Previously many have invested their money into Gold for many years.

[umbara ardian]

This is bitcoin. Digital currencies are in great demand among various circles, which can beat the price of gold, bitcoin began to be desirable bitcoin holders in the coming year bitcoin can skyrocket far in current prices. you do not believe. Then you will regret for having ignored bitcoin for now.