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Author Topic: Bitcoin has defeated gold  (Read 28569 times)
stolendata
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September 04, 2017, 11:17:35 PM
Last edit: September 06, 2017, 12:47:56 AM by stolendata
 #461

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 me yes, because gold is not also a stable price they have time that it is in a high value but gold is only going higher when if the years is the basis and also the quality of gold. In the part of bitcoin, bitcoin value is always changing value not stable so every day the value of bitcoin is going higher compare to gold years before value of gold is going higher. If the bitcoin is continueng increasing the value everday so they have possibility that bitcoin deafeted gold but now ithink it is defeated.
yes I also think that bitcoin has defeated gold because now it is more profitable to invest money in bitcoin instead of gold. people like to make money and increase the amount of their assets while gold has very stable price and therefore we cannot expect such a big increasing in the price of gold even after a long time, while bitcoin price can increase too much in a short period of time therefore people like to giving more preference to bitcoin instead of gold.
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September 05, 2017, 02:45:40 AM
 #462

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September 05, 2017, 04:58:23 AM
 #463

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 me yes, because gold is not also a stable price they have time that it is in a high value but gold is only going higher when if the years is the basis and also the quality of gold. In the part of bitcoin, bitcoin value is always changing value not stable so every day the value of bitcoin is going higher compare to gold years before value of gold is going higher. If the bitcoin is continueng increasing the value everday so they have possibility that bitcoin deafeted gold but now ithink it is defeated.
yes I also think that bitcoin has defeated gold because now it is more profitable to invest money in bitcoin instead of gold.
Bitcoin already defeated gold even the price of bitcoin is not high already because it has a lot of features that gold doesn't have and sooner and later bitcoin will take over the other investment and they will become useless investment and bitcoin will become the king of the market and other investment vehicle.
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September 05, 2017, 05:43:49 AM
 #464

yes I also think that bitcoin has defeated gold because now it is more profitable to invest money in bitcoin instead of gold.

Let's see what happens now. After the news of the Chinese ICO ban came out, Bitcoin has dropped by more than 10%, and many of the altcoins have dropped by as much as 15% to 25%. I am afraid that this is just the start of a long downward journey. Or it can be the last opportunity to purchase Bitcoins at prices below $4,000 per coin.

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September 05, 2017, 05:58:20 AM
 #465

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 highly poplar to gold. now 1 bitcoin equal 4269.31 USD. so you saw that bitcoin value. Smiley

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September 05, 2017, 11:45:56 AM
 #466

Its extremely accurate and has confirmed evidently, seems to be Bitcoin now its value is so incredible and really sudden Bitcoin prices up as higher as this time. Naturally bitcoin can be mentioned to defeat gold for now of it benefit. i hope this is will be surviving.
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September 05, 2017, 12:32:55 PM
 #467

I think bitcoin price today is 4300 dollars plus, yet it is at it's low price. So particularly it surpasses gold's price so much. Maybe for now gold's price is at $2000 or less if I am right. Well if I'm not right, it still defeated gold. Lucky for all of bitcoin holders, they maybe so much rich for now, because it defeated gold quite long time ago. And I really wish I have one.
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September 05, 2017, 12:37:03 PM
 #468

Nothing can stop Bitcoin right now! Not only gold, soon Bitcoin will beat diamond , ruby , ... or other thing else in the world !
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September 06, 2017, 04:25:08 AM
 #469

Whales are probably controlling it, but it will all even out in the long run. They cannot manipulate it forever. There would come a time that they can no longer control the outcome of their activities. It may happen that they sell a huge amount and won't be able to bring down the price and it just continue to rise up then they lose their chance of buying for cheaps.

except the baddest scenario is the most users of bitcoin is typical panic person, it's easy to play with market graph if you have some big supply of bitcoin. I still remember in the back when the price was crash because those whale doing some ride to the deep ocean and people just follow it.
While some users in the forum are subject to panic, I think those attitudes are a lot more common for people that are relatively new to bitcoin that think that bitcoin is about to die because it lost 10% of its value in a day, many veterans now understand that bitcoin moves like that and now they accept it as something natural.
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September 06, 2017, 04:28:30 AM
 #470

Nothing can stop Bitcoin right now! Not only gold, soon Bitcoin will beat diamond , ruby , ... or other thing else in the world !

By seeing bitcoin value until now , yes it's not impossible to happen instead based on Harvard university calculate that on 2021 , bitcoin able reach $ 100.000 / btc
So it's our oppurtunity for us as bitcoin holder to keep btc as long as possible until the day has come
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September 06, 2017, 05:53:50 AM
 #471

Stay with bitcoin bitcoin write-up get business From carp to review the Lengthy Phrase
True. This is what I think as well. Stay with Bitcoin will be the best option. Bitcoin has no doubt defeated gold by a very large margin. And it will keep on making a large difference in coming days as well. We have never seen the market price of gold rising so much high as compared to that of Bitcoin ever in the history.
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September 06, 2017, 06:01:31 AM
 #472

Nothing can stop Bitcoin right now! Not only gold, soon Bitcoin will beat diamond , ruby , ... or other thing else in the world !

By seeing bitcoin value until now , yes it's not impossible to happen instead based on Harvard university calculate that on 2021 , bitcoin able reach $ 100.000 / btc
So it's our oppurtunity for us as bitcoin holder to keep btc as long as possible until the day has come
it is hard to know whether bitcoin can reach $10000 or not. we know that bitcoin price is higher than gold price. But when we look at the market cap, bitcoin is still way to far from gold. It will take many years for bitcoin to defeat gold both on the price and the market cap. Right now, bitcoin needs to improve itself to prove that it is the number one currency which can replace other fiat in the future. Otherwise, bitcoin can never defeat gold
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September 06, 2017, 08:26:52 AM
 #473

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.
There is no way you can say bitcoin has defeated gold because even you reading this right now would prefer being given gold than being given bitcoin(I would reject it tho). Just joking, bitcoin is at a better state presently than gold

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September 06, 2017, 11:32:39 AM
 #474

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.
There is no way you can say bitcoin has defeated gold because even you reading this right now would prefer being given gold than being given bitcoin(I would reject it tho). Just joking, bitcoin is at a better state presently than gold
What is the sense of saying those first sentence? Just to increase the length of your post? No offense but you should post even more interesting rather than that kind of post that you are disagreeing in the first place but in the end you will say that you are joking and the main point there is to just increase the length. lol
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September 06, 2017, 01:03:41 PM
 #475

Maybe bitcoin defeated gold in terms USD value since you shown your own figure that Bitcoin is 1260 USD and Gold is 1241 USD. But you never compare the quality and popularity of this two things. Notice that Gold is still gold and it is one of the baseline of economic growth of one county. Comparing to the bitcoin the popularity of this currency is in crypto world but if ask people what they choose between Gold and Bitcoin they will choose gold. Meaning bitcoin can't defeat gold in different aspect instead bitcoin value is the only thing that you can say that bitcoin defeat gold.
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September 06, 2017, 01:20:55 PM
 #476

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 me, it doesn't still. Even if the market value of Bitcoin and market cap is way bigger than the Gold's, Gold is still the best investment for lots of countries, people and company. It has a physical value , also its market price is way stable than Bitcoin's, so it will be less risky when it comes with investing into it. And it already earned the trust of people through decades.

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September 06, 2017, 02:14:36 PM
 #477

i think so, Bitcoin is replacing the position of gold day by day, once upon a time, people had an intention to collect gold in order to save for the future purpose. but nowadays gold is losing its demand by fluctuating its price value. but Bitcoin is offering huge price value in comparison to gold. that is why gold has been defeated by Bitcoin.
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September 06, 2017, 02:33:21 PM
 #478

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.
Nothin is impossible in this world. As we see bitcoin already beat the gold. Bitcoin is so popular because of its value and it is easy to earn that a gold. That's why many people wants to earn bitcoin rather than gold because in gold it is really hard to earn while in bitcoin you can just earn through online.
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September 07, 2017, 08:31:57 AM
 #479

Guiding the existing good wellness of Bitcoin, there is a financial fight raging in China. If Beijing manages to manage transactions much better, Bitcoin could not keep on for a lengthy time to shadow the venerable gold common
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September 07, 2017, 08:36:03 AM
 #480

I think a 1 single Gold is still much more valuable than 1 single Bitcoin but maybe in terms of the growth through the years the real winner is Bitcoin and no doubt about that because Bitcoin is not yet 10 years in existence.

As Gold is tangible while Bitcoin is not it is in different league but with a certain amount of value you can differentiate them but please never compare them and tell that Bitcoin defeated gold.
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