There are more gold than Bitcoin

[freebutcaged]

$100 Octillion dollars, worth of the gold produced in matter of seconds, I see many topics people talk about gold, not only the stars in distance but

Our star also could produce gold, moon has gold, more gold could be mined every day. you could store $2 billion worth in Bitcoin on a file with less

Than 1MB storage, but if you have $2 billion in gold, how would you store them?

[Almat]

What good would that discovery bring if we can't get the gold anyway? There is really no reason to hate on gold as it is not against bitcoin, and nor is bitcoin against it.

[valentin68]

I would say that as scientists discovered gold somewhere else in the universe, it is also very probable that many other civilizations do exist. Some of them have the same knowledge as we do, and it is probable that they have their bitcoin. Because of this the amount of bitcoin in the Universe is probably not limited to 21M.
As we prefer the bitcoin to the gold, they probably prefer their bitcoin to the gold. 

     

[valentin68]

$100 Octillion dollars, worth of the gold produced in matter of seconds, I see many topics people talk about gold, not only the stars in distance but

Our star also could produce gold, moon has gold, more gold could be mined every day. you could store $2 billion worth in Bitcoin on a file with less

Than 1MB storage, but if you have $2 billion in gold, how would you store them?

Unfortunately our star, the Sun can not  produce Gold. Gold is produced in a Supernova explosion, and our Sun will not become a supernova. Elements until Fe-Cu are being produced in a Star like our Sun, it is necessary a supernova explosion to produce Gold. Traces of Gold on Earth and of other elements after Fe-Cu are here from a supernova explosion that preceded the Sun.
 

[twthmoses]

I'm not impressed. When two neutron stars collide and produce a stash of bitcoin, then I'll be impressed.

that was exactly what I was think reading the first post. Dammit I’m too late posting such good comments.

[BitcoinCurve~]

This is why Bitcoin will always be more valuable than Gold due to the sheer amount of gold. We haven't even discovered all the gold on our planet yet let alone others.

[audaciousbeing]

Scientists yesterday 17/10/2017 discovered a vast supply of gold on the far side of the universe.
The extraordinary hoard is the result of a huge collision between two ultra-dense neutron stars.
The resulting gravitational waves and radiation flash were picked up by powerful detectors and telescopes on Earth and in orbit.
The explosion happened 130 million years ago in the Hydra constellation, which is so far away that the light and the ripples in space and time have only just reached us.
The gold created by the blast is estimated to weigh more than the whole of the Earth’s mass. Huge quantities of platinum, uranium and other heavy elements such as lead were also created.
Scientists not only 'heard' the phenomenon by measuring vibrations in space-time, they also used satellite and ground-based telescopes to see light and radiation pouring out of the stellar fireball, dubbed a 'kilonova'.
Excited astronomers talked of opening a 'new chapter in astrophysics' and unlocking a 'treasure trove' of new science.
The discovery will help scientists better understand the inner workings and emissions of neutron stars, as well as more fundamental physics such as general relativity and the expansion of our universe.
One scientists suggests the event 'will be remembered as one of the most studied astrophysical events in history.'
21,000,000 Vs infinite amount of gold. find more than 21M Bitcoins.
I copied this from dailymail Uk. Bitcoin @$10,000 first month of 2018.

Unfortunately, sand is even more than both gold and bitcoin combined but its not about the quantity but rather its about the value of the items you are comparing. I dont need to read about the scientist report to know that the amount of gold is more than bitcoin even comapring the quantity alone is an exercise in futility. The amount of gold can only be estimated up till the amount that has been discovered because it a natural endowment which could be anywhere but because it has not been discovered, we begin to compare it with bitcoin that has a definite end.

Come to think of. I have not seen any where bitcoin is now competing with gold in terms of value as that will be a battle lost from the beginning.

[BitcoinGirl.Club]

One scientists suggests the event 'will be remembered as one of the most studied astrophysical events in history.'

One thing is for sure, this is still under study...I guess its nothing more than a speculation

21,000,000 Vs infinite amount of gold. find more than 21M Bitcoins.
I copied this from dailymail Uk. Bitcoin @$10,000 first month of 2018.

Well am not a scientist but I know gold is a natural resource that could deplete any time as mining continues around the world and if we compare it to bitcoin the digital gold...bitcoins value will continue to grow because its limited in supply and demand keeps growing everyday.

There are more gold than Bitcoin

maybe the comparison isnt right for these two great assets to get facts.

[Bonenx14]

What good would that discovery bring if we can't get the gold anyway? There is really no reason to hate on gold as it is not against bitcoin, and nor is bitcoin against it.

I think the discovery is also necessary, because the discovery is the result of the thinking of scientists who have found something like gold and then they developed to be known among the people as well.
although the bitcoin is higher than gold at the price, but we must still appreciate an invention of others.

[Red-Apple]

sometimes people find it hard to understand how scarce bitcoin really is. maybe because it is seemingly a big number. 21 million! it sounds big but it really isn't. with the number of people in the world and number of coins that are lost or considered lost like Satoshi's stash. a little comparison shows how things are.

according to blockchain.info stats about 2 million bitcoin is being transacted every day! and that is while we are not even close to mass adoption.

-- by the way interesting thing about gold you shared here. thanks.

[siti25]

I do not know why people are still comparing gold and Bitcoin like it's never dying. Physical and Digital currencies are both different.
If you are saying that Gold is INFINITE then it's rarity will be decreased and it will not be considered as one of "rare earth metals" because of "INFINITE SUPPLY" of Gold. I think Gold will not retain it's value if it will not be rare and some poster here already said that NASA will not just go there to get that Gold it will also cost of millions for that another project.

Actually gold and bitcoin are not two things to compare, not two things to discuss which ones are more, which is more expensive or which is better for us. Both can be investments and savings for the future. There's nothing to argue about for anything between gold and bitcoin, we just have to choose which one we'll invest.

[rodskee]

literally gold has first expensive value in the market and since gold is the oldest traditional investment long time ago until now the miners are continue to put investment in the gold industry and nothing impossible for gold have a lot of valume in the market, and now the time of modern technology bitcoin replace the gold as expensive investment in the market.

[traderethereum]

i think if there is more gold than bitcoin but the price is more expensive bitcoin than gold. although people is trust with gold, i think for some other people, bitcoin is more secure, strongers and they believe that the price will be too expensive. some of the people using bitcoin for the transaction in internet only and that people is trying hard to support bitcoin until now. and i give my supports to bitcoin than gold because i don't have any gold right now and actually i am planning to buy gold so i have two kind of investment.

[MakeMoneyBtc]

There are dozens of documentaries wich shows thats universe is full of gold. On hundreds of miles away there is a planet wich has the ring made of gold in a very big proportion. No one knows exactly how kuch gold exists but for sure there is a lot. So much that we cant even imagine. So we cannot compare something that we know the exact quantity with something that exist from the begging of life and it also exists outside of our planet. Gold and bitcoin are incomparable

[hatshepsut93]

Every asset or commodity or currency will always have some risks that can crash its value. With gold it's the risk that someone will find huge new deposits, especially if we'd take into account asteroid mining or other planets. But Bitcoin also has some risks, because scarcity isn't the only thing that gives it its value - there's a risk that someone will come up with a better network design, that will be more decentralized and faster and have more capacity. Bitcoin is a software, and there's always competition for a better software.

[terrenceschroeder]

How can you compare a thing that is exist and a currency that you can't even touch it ? And in the nearly future, Bitcoin will increase the amount slowly but not with golds.

[teejayrichard2]

I think a more detailed comparison is needed for me to conclude which is more.

[Anies_Sandi]

I think a more detailed comparison is needed for me to conclude which is more.

need a clear comparison so we do not misunderstand guessing it, so it needs clear evidence, and we can compare between gold and bitcoin.

[coinycoiny]

Sod the other side of the universe, I know where there is hundreds of tons just four thousand miles from you. At the moment it sits unguarded and I will tell you where it is if you send me just 1 bitcoin

[Tadhana23]

I think yes, for now the gold is more establish than bitcoin is every long time ago.. but the different of this two kind of think is, the gold physically we see it but the bitcoin is digital currencies in the internet.