Quote from: STT on December 20, 2016, 11:47:28 PM

Quote from: bbosch on December 17, 2016, 11:07:55 AM

Would there be any 'psychological effect' if btc price > gold price/ounce?

They were almost the same at one point. Some suggested it very prudent to switch from one to the other, at least to balance out the two extremes of eternal metal with transient code or dam slow costly coin with easy cheap global transaction.
Apart from that no I dont think its a massive deal just a passing news story maybe. The unit division to both is arbitrary and more about the dollar then either

Both are good but not all people fits with investing gold so as bitcoin, we have to consider what we can afford to invest. The problem is, we like to invest with gold as it is more stable but have we realize how much we need to start investing?