It appears the bitcoin price continues its bullish path which started during the second half of 2016. Although there have been a few stumbles along the way, bitcoin continues to set higher prices every month. It is evident other traditional assets have a problem keeping up with the bitcoin trend right now. Gold has been stumbling a bit as well, even though it will always have a specific appeal to investors worldwide. While this heavy resistance is trying to disrupt bitcoins price gains, one thing has become obvious. Bitcoin is currently more valuable than one ounce of gold. Although this may seem like a silly comparison to financial experts, it goes to show there is a legitimate demand for bitcoin, whereas interest in gold continues to wane as time progresses. It is not impossible the gold price will show some bullish signs along the way as well, although all eyes are on bitcoin for the time being.
There is no doubt that bitcoin have successfully beaten gold and the biggest investors of the gold industry are switching to bitcoin which is helping bitcoin a lot in the development of bitcoin market around the globe. I dont thinks o there is anymore any comparison of bitcoin and gold. People are now not using gold anymore for saving their wealth.