Bitcoin has defeated gold

[btcminer6212]

I don't think so. Id say they are both good additions to the set of assets we can invest in. I think they will both benefit each other the bigger each get

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.

Bitcoin attracts both actually as there is always the potential for it to even go higher. We all want big returns from our investments, whether we be speculators or long term investors. There are predictions that the price could reach to the next level by the end of the year and by 2019, bitcoin’s price would really explode to highs never before seen.

[Victor$]

It was done now and this is reality we are in now?
I dunno.

Everybody can own bitcoin because the price of it is not yet stable. Unlike gold their are several people only can own gold just like rich people or most influenced people. Bitcoin cant defeat gold but it can level the value of gold.

It can not only defeat gold but it has reached the level higher than Gold now, people likes to invest in bitcoin not in gold as they know the growth of gold is very slow and price does not increase very fast but bitcoin has high potential and it use to increase very fast as it has almost covered the dip in price so it can give more benefit than gold. It is easy to use as a payment as well and can save for the profit as well but gold cant be use as a payment and it has low potential than bitcoin.

[richmcrich]

It was done now and this is reality we are in now?
I dunno.

Everybody can own bitcoin because the price of it is not yet stable. Unlike gold their are several people only can own gold just like rich people or most influenced people. Bitcoin cant defeat gold but it can level the value of gold.

Gold is not only use for holding purpose, but people also use gold for making jewelery which not only use the rich people but even the poor people have the trend to use jewelery. On other side holding gold is better for saving our money because of the stable price of gold, while only the investors will like to invest money in bitcoin as they can get good profit from there.

Gold has totally different perspective than bitcoin and they both should not be compared. Gold has remained the standard for different currencies for different times, and as of today all those currencies are not seen but the gold still exists.

In terms of profit, may be gold is not that good if compared to the bitcoin, but due to existence of gold since centuries it has got the edge over the crypto currency.

[Findingnemo]

BTC replaced the gold in a few short years the ideal investment position, because it is really a potential investment, profits from it is too big, no one can resist the currency attractive profits.

The BTC is getting higher every year, and the gold price is still at the same price. I believe BTC is the best investment method.

Yes when bitcoin and gold bitcoin has the highest priority in all things it will very big disadvantage for gold investors and invested people on gold but gold is known from many years both these has each unique features.

[Raziel444]

Bitcoin and gold are not comparable, gold is tangible while bitcoin is digital or virtual asset. Both are worth investing.

[clex_us]

Yeah agree on that bitcoin is the one of the strogest currency even gold he can acrossed it.Because gold increasing price just a little bit.but not decreasing.In bitcoin huge increasing that can multiple your profit but its also decrease.But decreasing is not bad..that the time good to buy bitcoin

[kefir56]

And now look at the BTC price and gold's, the gold is more stable, and still increases it's price, cuz our satelites just fall in the ocean)

[mmfiore]

Bitcoin and gold are not comparable, gold is tangible while bitcoin is digital or virtual asset. Both are worth investing.

100% agreed with that statement.

Bitcoins (for now) only holds on people using and believing in it.

You don't need to believe in gold . (pun intended)

[Crazygreek]

Difference between price is not the mark. Gold is better , much more valueble and safe than bitcoin and if we will start analysing bitcoin will lose almost everywhere.

[Derrick]

There's no opposition amongst bitcoin and gold. Bitcoin's price increment every minute however it will diminish likewise, whereas the gold take a number of times same as altcoins, they increment late. Happy to examine bitcoin beat out gold however its higher to not distinction and it. Bitcoin is crash whenever whereas gold will ne'er be slammed and has been trustworthy by everyone for a awfully long-standing.

[Sithara007]

Difference between price is not the mark. Gold is better , much more valueble and safe than bitcoin and if we will start analysing bitcoin will lose almost everywhere.

1. You can't say that gold is better. It has given almost zero returns during the last 5 years , while Bitcoin has given close to 1,000x returns.
2. You can't say that gold is more valuable. In terms of market cap, it may be more valuable, but you need to take in to account the other parameters as well.
3. You can't say with 100% guarantee that gold is safer. Gold is a physical asset, which can be stolen or seized.

[Jazvebtc18]

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 I agree with you. But it’s hard to say, as past performance isn’t a guarantee for future performance, as the old adage goes in Wall Street. Besides, Bitcoin has been around for a short period of time.Of course gold has its own advantages, too. It can be used to make jewelry, and in manufacturing of certain products.

Meanwhile, Bitcoin has disadvantages. Blockchain, the technology that created Bitcoin, can be used to create other cryptocurrencies that might compete against Bitcoin. In fact, it has already done so, creating Etherium, Litecoin, and Ripple, to mention but a few. We don't know in the next month. Gold price is getting higher too.

[rose8963]

The comparison of defeat will be limping. Gold has long existed and is essential for beauty and luxury. In addition, the value of gold fluctuations is still adjusted by demand or subsidies from economic and commercial organizations in accordance with the rules of each country's government. The bitcoin value is a boundless and time-bound mutation. It can break everything and showcase the power of technology with overhead.

[FeArZ]

Like you varied people have purchased bitcoin with the expectation that someday it'll defeat all of the organizations on the earth in lightweight of the quickly developing price. what is a lot of, the holders square measure tensely sitting tight for that point with the goal that can|they're going to|they'll} win more and more money once the value will go significantly higher figure. aside from gold market prices square measure moderate and also the speculators rest for quite an whereas to require their offers within the profit.

[skyline247]

Yes bitcoin has yielded profits and returns which gold hasn't yielded in a long time but I do not believe bitcoin has defeated gold. Gold is a physical asset which will remain even when internet and electricity goes out if an event of apocalyptic proportions were to happen, while bitcoin is a digital asset which is gone if the internet access is lost. They are both good assets by their own rights so people should invest on whatever they choose.

[Gheka]

Yes bitcoin has yielded profits and returns which gold hasn't yielded in a long time but I do not believe bitcoin has defeated gold. Gold is a physical asset which will remain even when internet and electricity goes out if an event of apocalyptic proportions were to happen, while bitcoin is a digital asset which is gone if the internet access is lost. They are both good assets by their own rights so people should invest on whatever they choose.

More accurately, in the matter of profit, bitcoin has really beat gold when what it gives investors is a huge profit figure, and this only happens in a very short time while gold has had a very long time but it still can not be reached. However, it is a matter of profitability, in other matters, Bitcoin is hard to beat gold, especially the safety and stability, Bitcoin does not own these things, and even Bitcoin does not have the support from the government, it makes the strong growth in the future will have limitations, and can not beat the gold in a comprehensive way

[mstfprcn]

may be in term of price, system, technology, gold defeated by bitcoin, but, gold have other side that not owned by bitcoin. gold is pure treasure, cant decrease and useful and i think much people know gold than bitcoin, it mean gold's popularity is more than bitcoin

[Kodok Bencot]

I think this is not true, gold and bitcoin are different things so it is not possible to replace gold with bitcoin, it can be seen that almost everyone knows gold while few know about bitcoin.

[Stavri]

we shouldnt forget that more than 90% of the people in the world do not even know what bitcoin is however they are aware of gold for sure. So gold is something very special and old style. Bitcoin is a new born child and needs time to become a real investment instrument.

[Blackhammer321]

There is no way for bitcoin to defeat gold unless being backed. We know that bitcoin has a price well in fact it reached for about $20000 per coin but it does not mean it already defeated gold. There is so much to have for bitcoin to compared on gold and the irony here is how you could say that bitcoin defeated gold when it has no measurement ? 1 bitcoin = 1 gram Gold or 1kg Gold and so on.... its funny