Bitcoin has defeated gold

[Farhan786]

This is not possible because I know as much as the few countries in the world where Bitcoin is declared valid. But there will be a time that gold is everywhere legal that Bitcoin can go to gold. But when it can not be said, though the usage of bitcoin is increasing day by day.

[mfdacey]

I'd guess that the more our society migrates to being virtual and electronic, the less valuable rocks will be, even shiny ones.

[Cryptophorus Columbus]

Not at all: bitcoin is a value from about 6-7 years, gold was a value belong all history!
Of course there are fluctuations, but bitcoin - or anything electronic, or paper - can become zero in just a moment.
Gold will be gold forever.
Of course, for investing AT PRESENT bitcoin is much more better

[copperminer]

Bitcoin is simply the gold of our generation(s). In contrast other generations had real money (gold standard) but we just simply have fiat money which is printed in masses and therefore destroys much of its value over time.
Which money do we have left? the gold yuan/rubble?

[Tiger Junk]

I'd guess that the more our society migrates to being virtual and electronic, the less valuable rocks will be, even shiny ones.

For me it's a big yes bitcoins is totally defeated gold right now and in the future bitcoin will surely be remain as the best cryptocurrency among the rest, bitcoin price is has greater chance to rise or increases its value unlik on gold, and eventhough that bitcoin is not tangible but the value of it is very nice compare to gold.

[AjithBtc]

I'd guess that the more our society migrates to being virtual and electronic, the less valuable rocks will be, even shiny ones.

For me it's a big yes bitcoins is totally defeated gold right now and in the future bitcoin will surely be remain as the best cryptocurrency among the rest, bitcoin price is has greater chance to rise or increases its value unlik on gold, and eventhough that bitcoin is not tangible but the value of it is very nice compare to gold.

Long back itself gold has been defeated in terms of value. It happened almost the by the same time period last year surpassing the value of single ounce of gold. Now the price has reached much higher in value, but the reputation as gold hasn't been gained yet. If that is possible bitcoin will rule the world.

[KluFf]

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.

Yes Bitcoin Overcomes Gold .. And More safer process of Mining .
because It is used with computer .
while mining real gold is Not Eco Friendly.

[Crypto-mim]

Yea! bitcoin has defeated gold. Gold price up and down, but maximum time btc price is high and high. So, Bitcoin is better then gold for long time saving. 

[tats14]

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.

Well i can't believe that bitcoin defeated gold, yes bitcoin defeated gold because bitcoin is so very expensive , it's price is higher than gold, well bitcoin now is very popular and safe to use because it has a lot of securities.

[LovelyFLOWER]

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 already defeat by bitcoin the price of gold because each bitcoin was already has a higher price since the gold was limmited to its price because its all base on its weight and carats. When in terms of time by time bitcoin has increases more than gold. So its clearly that bitcoin has defeated the gold.

[ferdaus]

Demand, price and feature are much difference between. Bitcoin present value is very high, which price very high from gold.

[bitcoinisbest]

Demand, price and feature are much difference between. Bitcoin present value is very high, which price very high from gold.

The utility of both of them are very different. Gold is generally used for investment and also for the jewelry purpose as female and males too love it. Gold exists from decades and decades and on other hand btc is just few years old. Though when comparing for returns btc has given highest returns than any thing else but will it continue to give such returns in coming years need to be seen.

[Biggapp]

it is true bitcoin prices are far superior to gold, but bitcoin can not beat the luxury of gold. Gold and bitcoin have their own advantages of having both is a good idea.

GOLD has always been an opportunity for investors around the world. It is globally recognized as a valuable item that can be turned into almost every Fiat currency.One thing is of great benefit to Bitcoin is that it can be easily transported regardless of quantity

No doubt gold has been good for long time but I am happy that bitcoin is still at high stage than gold. It is not like gold is not beneficial but the problem is that gold is having risk and not everyone can earn through it. For me bitcoin is good and making money for me even without investing anything and easily I can carry a lot of bitcoin anytime but gold is risky to carry with you and to hold for long time.

[RamBahadur.Gurung]

Demand, price and feature are much difference between. Bitcoin present value is very high, which price very high from gold.

You need to remember that the market capitalization and the number of users remains quite high for gold, when compared to Bitcoin. And I don't think that Bitcoin will ever be able to overtake gold in this regard.

[Oni hazzrd]

it is all already happening that bitcoin prices outweigh the current gold, even the price can now buy one new car unit of remarkable developments of bitcoin.

[Nyeyzel]

As I would like to think, bitcoin crushed gold on the cost, however it isn't in the fame and acknowledgment. Truly, bitcoin is currently significantly more costly than gold, yet the gold acknowledgment and notoriety is extremely extraordinary.

[jonald01]

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.

[Assface16678]

Who said gold has been defeated by bitcoin ? how did you get that outcome ? is there specific conversion of bitcoin?

Bitcoin and Gold is an asset on different state or category. Bitcoin is limited so its price is big unlike gold it is estimatedly 160,000 metric tons and not yet of computations how much left beneath the surface.
I think you compare the bitcoin's price you have and the gold you have.

[Opekin]

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.

I believe that in no time, bitcoin will take the crown as the reigning fiat in the block chain. Bitcoun has a lot to share and offer in this market because of its ability to adapt in may technological changes.

[777asianinvasian]

Nope bitcoin has not yet defeated gold and this is coming from a bitcoin maximalist. I say it hasn't because although the price is higher that isn't where we win. We win when bitcoin marketcap surpasses that of gold marketcap, that is the day I will celebrate  .