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Author Topic: Bitcoin has defeated gold  (Read 28561 times)
Perseusallen
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January 15, 2018, 01:08:29 PM
 #1021

It first entered mainstream circulation in 2009, and its price only began to rise significantly in April 2013 ($153). It rose to just under $1000 in late 2013, before experiencing a dip and a steady up-down pattern, hovering between the $500-1000 mark for the next four years. so what we do expect right ? invest now !
tamarindbleu
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January 15, 2018, 02:55:41 PM
 #1022

i guess so. the bitcoin price is getting higher1
I think it's a big yes, bitcoin is the best cryptocurrency and it was running for many years and in many years that bitcoin was runnjng there are many investors that is investing on bitcoin that's why it became really stonger and that's why bitcoin is totally defeated gold right now.
Gladz29
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January 15, 2018, 03:04:49 PM
 #1023

It was done now and this is reality we are in now?
I dunno. Embarrassed
I think everyone that no one can defeated gold or no things can defeated the gold. But, gold its hard to own it. Unlike bitcoin everyone can hold it. And everybody believe that bitcoin is the way for the better future. Gold is good but gold is for people who have more money. Unlike ordinary people can own bitcoin. And everybody loves now bitcoin.
readygoaw
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January 15, 2018, 04:13:32 PM
 #1024

Don't count out gold just yet. Gold has been money for thousands of years and outlives every single currency humans ever produced. Gold will re-affirm itself when the next big crisis hits. It will be very interesting indeed to see what happens to Bitcoin too.

Bitcoin defeated gold for a short period of time. What will happen next we do not know yet, but while Bitcoin has good prospects.
Lasvista
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January 16, 2018, 10:26:20 AM
 #1025

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.

Obviously bitcoin will literally surpass the value of gold , and me too its quite shock and still wow , just a months goes by and there it goes almost price as the gold. But as of now bitcoin is going down , and I saw some alt coins too. But back to the topic still worth the wait .
EuphorichamsTer
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January 16, 2018, 10:27:27 AM
 #1026

It's true, bitcoin has defeated gold in terms of price but we shouldn't really be comparing them since they can be used for entirely different purposes.
tinystone26
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January 16, 2018, 11:12:41 AM
 #1027

I think you were right and I agree with that because for somehow I don't sell much more trading about gold here in may country just because I'm focus to bitcoin I always see how it change a lot to all people who uses it just like me I'm almost using it for a few months and I think it will change my future to a better one.

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lampukoe lumo
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January 16, 2018, 11:47:17 AM
 #1028

yes I also think so, we've seen that bitcoin has defeated gold, it can be said that where bitcoin beat gold, can be spelled out in terms of price bitcoin and gold very much different, bitcoin price is very expensive and the price of gold is much lower than bitcoin.
oops_sdoo
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January 16, 2018, 01:02:32 PM
 #1029

Yup, Bitcoin already surpassed gold with a long distance , because Bitcoin is increasing day by day not like Golds just stay there and being the same valuable.
Epimetheus
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January 16, 2018, 01:47:56 PM
 #1030

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 it’s true that bitcoin has defeated gold in terms of prices but still I prefer gold over bitcoin because firstly, gold has a physical entity whereas bitcoin is a digital form of currency. Secondly gold is way more popular than bitcoins and has way more users than bitcoin also it is accepted everywhere whereas bitcoin is not. Then gold is regulated by government whereas bitcoin is not regulated by any government. Gold is also a stable form of currency and its price does not fluctuate often whereas bitcoin is not a stable form of currency and its value fluctuate a lot.
shezu007
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January 16, 2018, 01:52:15 PM
 #1031

In which sense you are asking that bitcoin has defeated gold.
If you are asking about price then yes price of BTC is more high then gold.
But if you are asking about market then gold have very high value in market as there are huge number of customers of gold through out the whole world while bitcoin have very less in number as compare to gold.
Kadal Ijo
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January 16, 2018, 02:09:20 PM
 #1032

I think not yet and it took a very long time to be able to beat the gold, the fact that happens until now is still gold and will continue to search for people, gold is the best investment # 1 while bitcoin today drop more than $ 2000.

bitzizzix
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January 16, 2018, 03:25:10 PM
 #1033

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.

Just compare the total value of all gold in circulation and the total value of all bitcoins in circulation.
You will have your answer.  Smiley
Bitcoin can beat gold but bitcoin is not like gold, because gold is shaped and one of nature's wealth and lucky if in your country there is a gold mine that will never run out until whenever and gold price will be stable at high prices even though bitcoin beat gold price . but bitcoin exists in this world only recently and we do not know yet and can predict future bitcoin prices even though we always predict bitcoin prices are always increasing but that's not necessarily right with our prediction, bitcoin is not formed and is not real like gold so I think gold will still excel the price even though there is a beat I think it will not last long.

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HalfDeck
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January 16, 2018, 11:19:26 PM
 #1034

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 it’s true that bitcoin has defeated gold in terms of prices but still I prefer gold over bitcoin because firstly, gold has a physical entity whereas bitcoin is a digital form of currency. Secondly gold is way more popular than bitcoins and has way more users than bitcoin also it is accepted everywhere whereas bitcoin is not. Then gold is regulated by government whereas bitcoin is not regulated by any government. Gold is also a stable form of currency and its price does not fluctuate often whereas bitcoin is not a stable form of currency and its value fluctuate a lot.
I understand your opinion is not wrong, but to be honest, nothing is legal and has value at begin, is right? Before has high price and get guarantee from the government, Gold for Cistercian has not any value haha. But by the community know its benefit created value for Gold and Bitcoin is also starting to that concept.
Gotumoot
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January 17, 2018, 10:53:57 AM
 #1035

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 first place I was shock and also the world , the internet society been noticing the bitcoin the value of it is super high , by the suddenly increasing the value of it , it causing to gain some popularity and that is good way. And yes the bitcoin is almost higher that the gold , so happy yet excited can't wait to invest.
Wintersoldier
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January 17, 2018, 11:09:10 AM
 #1036

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.
Comparing bitcoin with gold in their price value, would probably show that bitcoin defeated gold. But perhaps, for some people, it does not goes that way, gold will still be gold, and bitcoin will still be bitcoin. They have their own worth, and value, they roll and fight in different arena. But both are considered to be useful and beneficial to their investor. Maybe if the coverage of bitcoin will match the international acceptance of gold value in the global market, then it would be more even to compare the two.
thecoder2017
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January 17, 2018, 12:07:02 PM
 #1037

Gold is gold and it differs with bitcoin because gold already exist a long long time and i think that no one can defeat gold compared to bitcoin they different in many aspects.
SangkuniBird
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January 17, 2018, 12:16:08 PM
 #1038

For now it is true bitcoin is in front, but anyway, all this is expected and now the price is still up and this is not the limit. The estimates are very good and if you can buy bitcoin now, I think in May there will be an entirely different price for bitcoin.
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January 17, 2018, 12:22:25 PM
 #1039

Its not possible as soon that BTC can defeat gold.
Gold is the most strongest resource from early time for trading and also for investing and for fashion also. Gold has very long life and have large number of users throughout the whole world while also it is legal in all over the world and mostly countries are dependent on the trading of Gold while
BTC have no such worth yes BTC have high price then gold but not legalize and have such large number of users as gold still. It need too much time to show their performance well and can get interest of more and more people.
jokowi
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January 17, 2018, 12:46:34 PM
 #1040

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 beat gold. Simply BTC is more accessible. People want to buy Bitcoin much easier, and those who want to buy gold, perhaps they do not know where to start to buy it.
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