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Author Topic: Bitcoin has defeated gold  (Read 28237 times)
stayeduptolate
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April 21, 2018, 06:31:12 PM
 #1301

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.
Its  true that bitcoin has defeated gold In terms of price But still I don’t think that bitcoin will be able to defeat Goldberg and replace it because firstly, gold is way more popular than bitcoin and has way more users than bitcoin throughout the world. Then gold has a physical entity whereas bitcoin is just a digital form of currency. Then gold is trusted by most of the people whereas bitcoin is not. Then gold is accepted everywhere whereas there are only limited places where bitcoin is accepted.
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April 21, 2018, 06:35:11 PM
 #1302

Bitcoin has defeated Gold in terms of price. Bitcoin is way more than expensive than Gold. But when we talk about popularity, Gold wins. Gold has already been popular since the world war.
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April 21, 2018, 07:07:26 PM
 #1303

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.
Gold and bitcoin are completely different in nature and not comparable things that even exist in different worlds. They compared the cost of an ounce of gold and bitcoin and are happy. Compare then the cost of a kilogram of gold and bitcoin or an ounce of gold and one satosh. Then it will be fair. Gold has always been, is and will be an eternal value, which can not yet be said about Bitcoin.

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April 21, 2018, 07:08:32 PM
 #1304

Bitcoin has defeated Gold in terms of price. Bitcoin is way more than expensive than Gold. But when we talk about popularity, Gold wins. Gold has already been popular since the world war.

bitcoin is also getting popular day by day. One day it can beat gold in that area also.
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April 21, 2018, 07:13:31 PM
 #1305

It is very justified if this bitcoin has exceeded the price of gold in the market Nowadays but even so people still choose gold because the price of gold is more stable in Compare bitcoin prices are very volatile and again bitcoin no one is responsible if one day the assets we have lost

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April 21, 2018, 07:29:11 PM
 #1306

As you know Bitcoin has long been called digital gold. And not in vain. Bitcoin has long been not just a means of payment, a highly liquid and profitable asset. Therefore, it is not surprising that 1 Bitcoin costs more than 1 ounce of gold.
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