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Author Topic: Bitcoin has defeated gold  (Read 28567 times)
FoxTheHuman
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December 05, 2017, 03:12:45 AM
 #921

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 always beat gold and the future is the same. Gold can be found in more quantities, but fixed quantities can not be produced.
Joriecoinbit
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December 05, 2017, 03:44:25 AM
 #922

Bitcoin is having a large market value  compared to Gold but Gold have very low risky investment compared to Bitcoin because of its stable market value. Gold is having more stable market than bitcoin . And besides, gold is legal to all countries and Bitcoin is not. In my opinion, bitcoin cannot surpassed gold for now, the only advantage of bitcoin is the large market value.

Bitcoin has defeated Gold in terms of its value. Bitcoin's value is way more high compare to Gold but in terms of its stability, bitcoin can never defeat gold. Gold has already proven its worth for how many years. It's been accepted worldwide, unlike bitcoin, it is still gaining its popularity. You'll surely earn huge amount of profit either the two of them. So better have that two in your investment.
lovesybitz
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December 05, 2017, 04:06:27 AM
 #923

That's true, Bitcoin has beaten gold for better than gold but can Bitcoin become a stable gold?

I agreed and I already expecting it to be happen on bitcoin gold.  Bitcoin will always on top of the altcoin in this industry which that is no wonder, isn't right?
L00n3y
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December 05, 2017, 04:45:09 AM
 #924

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.
If bitcoins is stored in Fort Knox and not gold then we can say that bitcoin has really defeated gold. Smiley
BarbieCasino
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December 05, 2017, 03:40:29 PM
 #925

If we talking in the price yes bitcoin defeated the gold. One bitcoin now in our country is half million that so expensive so i think only people have money can buy it but gold is have also value but not much expensive so regular people can invest in gold also.
Gold is no doubt very good way of investing money but the fact is number of investors who are willing to invest in gold is decreasing with each passing day. It is bitcoin which has grabbed the attention of number of investors who were previously investing in gold or any other business. The increasing market price of bitcoin and that too in such a short span of time is helping bitcoin to earn more reputation and that is why bitcoin has defeated gold.

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HNY2018
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December 05, 2017, 04:40:31 PM
 #926

That's true, Bitcoin has beaten gold for better than gold but can Bitcoin become a stable gold?
Yes it’s true that bitcoin defeat gold because gold is different thing and bitcoin is different thing when you buy gold and then keep it on hold for long or short time so it will never give you a profit because when you want to sell bitcoin so then there will be a deduction in gold and bitcoin is different than gold you can take profit when you want to sell and as far as I know bitcoin never give lose to some that’s why everyone support and love bitcoin.
gatti
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December 05, 2017, 05:12:00 PM
 #927

That's true, Bitcoin has beaten gold for better than gold but can Bitcoin become a stable gold?

Bitcoin is always greater than a Gold.The price of bitcoin is equal to certain times of gold.So bitcoin is already greater than gold.Now bitcoin is good to inverse your money than gold.
SirLancelot
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December 06, 2017, 06:09:03 AM
 #928

When it comes to profitability maybe yes, bitcoin defeated gold but we should not compare it because those two are completely different. "What if" there will be a time where bitcoin or even fiat might lose its value though it looks impossible but when that time comes, gold will probably take over the currency's place.
There is nothing wrong in investing into both that is gold and bitcoin but when you limited income and are looking for some really evergreen and profitable investment, then there is no other better choice then bitcoin. Bitcoin is the only investment at present which has made people rich in short time and that too with small investments. Gold is now becoming some old fashion of saving your money. People are leaving gold for bitcoin.
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December 06, 2017, 06:23:39 AM
 #929

It was expected by most of us and I feel that the value of bitcoins will go on rising .

boyshx
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December 06, 2017, 07:12:45 AM
 #930

If you are comparing by price/value then yes bitcoin has defeated not only gold but all currencies. Today Gold rate is $1267 per ounce and Bitcoin is @ $12370. Bitcoin is a decentralied currency as a result is is quiet volatile in nature. Though its mrp is quiet high as compaired to gold, it's still a young currency. Gold is here since hundreds of years. Gold is not only used as a currency but also used to make medicines and also in dental surgery. Gold as a metal have high industrial use. World is always crazy for gold ornaments. Indian housewives hold nearly 11% of the world`s gold. Economies of many countries runs on gold standards. Bitcoin can beat gold by price but not by its value.
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December 06, 2017, 07:51:19 AM
 #931

Im no expert in bitcoin but I dont think thats True. Bitcoin is one thing gold another one
Bitcoin is good in aspects gold has lost its value because of bitcoin because people are taking out their money from gold and investing into bitcoin for longer terms and same is the case with all other investments like stocks and real estate they also lost their importance bitcoin has gain high popularity in the investors community and it gives on longer terms as well as in short term invest what else people want.
micleeiu398
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December 06, 2017, 12:52:54 PM
 #932

When it comes to profitability maybe yes, bitcoin defeated gold but we should not compare it because those two are completely different. "What if" there will be a time where bitcoin or even fiat might lose its value though it looks impossible but when that time comes, gold will probably take over the currency's place.
Gold investment is an ancient history now. We all need to alter our actions in the face of changing circumstances. This is the way of surviving in this world. Bitcoin is the new trend of investors. It is going to be the future of money and convert our society into a cashless society. It has surpassed gold and all other Investments in every possible mean. Anyone who wants to increase his capital in short time must go for Bitcoin
webdevmastery
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December 06, 2017, 12:56:17 PM
 #933

That's true, Bitcoin has beaten gold for better than gold but can Bitcoin become a stable gold?

Bitcoin is always greater than a Gold.The price of bitcoin is equal to certain times of gold.So bitcoin is already greater than gold.Now bitcoin is good to inverse your money than gold.

Yeah that's right because people out there is more interested in bitcoins rather than gold, Most of us can do really earn bitcoins by working on bounty campaigns while gold is very hard to obtain using fiat.
achikomimi
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December 06, 2017, 01:03:33 PM
 #934

Nothing can stop Bitcoin right now as it grows everyday. Those that sold their Bitcoin and lose hope, and those people who didn't believe in Bitcoin, they have much regret because they let the opportunity to pass unto them. Bitcoin is truly worth more than ounces of Gold.
zergenyt09
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December 07, 2017, 10:48:21 AM
 #935

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.
This is not the right comparison.. the Gold is the real thing, bitcoin can't win! Bitcoin cannot be melted into jewelry. BTC is the gold in the world of cryptocurrency.
Gold has ruled on the top of profitable investments but now a lot has changed because bitcoin has taken its place all this is just because of people decisions and they find bitcoin more profitable than any other investment and this is the fact that bitcoin is the best investment at this time because gold investment has no charm at all now prices of gold are stable now and all this reasons were not acceptable to the people.
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December 10, 2017, 04:34:36 PM
 #936

When it comes to profitability maybe yes, bitcoin defeated gold but we should not compare it because those two are completely different. "What if" there will be a time where bitcoin or even fiat might lose its value though it looks impossible but when that time comes, gold will probably take over the currency's place.
Gold investment is an ancient history now. We all need to alter our actions in the face of changing circumstances. This is the way of surviving in this world. Bitcoin is the new trend of investors. It is going to be the future of money and convert our society into a cashless society. It has surpassed gold and all other Investments in every possible mean. Anyone who wants to increase his capital in short time must go for Bitcoin
Although I don't negate the growth of Bitcoin defeated the value of Gold and other assets, but I never have thinking as "Bitcoin defeated paper money" (it doesn't mean credit card). Paper money is the best tool to help us create transaction and make deal without internet. It's very useful and easiliest for using in the world's economy.

Just Nao Tomori and Bitcoin ( ͡° ͜ʖ ͡°)
Vritesh
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December 10, 2017, 04:45:52 PM
 #937

We actually can't say that. Bitcoin is getting popular these days but still majority of people are preferring gold over Bitcoin. Gold is more safer investment asset than Bitcoin which is giving people a reason to use gold over Bitcoin .So we can't say that Bitcoin has defeated gold.

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December 10, 2017, 05:58:26 PM
 #938

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.
It is very remarkable that bitcoin is currently succumbing to the price of gold, but gold is still going to be a nation's wealth that will never run out of antiquity. because we can not predict the future of bitcoin and may fall below the price of gold because bitcoin has increased in recent times while gold from antiquity remains stable, all depending on the policy for its users to be wise in judging and choosing.

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btcminer6212
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December 10, 2017, 06:05:53 PM
 #939

Nothing can stop Bitcoin right now as it grows everyday. Those that sold their Bitcoin and lose hope, and those people who didn't believe in Bitcoin, they have much regret because they let the opportunity to pass unto them. Bitcoin is truly worth more than ounces of Gold.
yes in the means of price bitcoin take the lead.but we need to clarify that both are different from each other because gold is a physical thing which is used by people from many years .it is also a old tradition for profit to use  gold.world is dealing with gold after money in very high amount and the price of bitcoin is very stable.it cannot lose value,on the other hand if you invested in bitcoins in the past few years, you would beat every securities and investments out there. And seems like bitcoins isn't stopping anytime soon. I guess this is really the future of finance. We need just more people to use it and believe in it to really see it grow to its full potential. Bitcoins really did exceed my expectation of it as an investment.
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December 10, 2017, 06:07:45 PM
 #940

We actually can't say that. Bitcoin is getting popular these days but still majority of people are preferring gold over Bitcoin. Gold is more safer investment asset than Bitcoin which is giving people a reason to use gold over Bitcoin .So we can't say that Bitcoin has defeated gold.
gold is certainly more safe, but with bitcoin people can earn much more...so the bold put in bitcoin...but the bold in the minority

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