Re: Bitcoin has defeated gold

Quote from: botany on March 02, 2017, 04:18:21 PM

Quote from: soul-impact on March 02, 2017, 04:13:27 PM

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.

Just compare the total value of all gold in circulation and the total value of all bitcoins in circulation.
You will have your answer.

your right mate the whole volume of gold in circulation cant even make a 1/4 by volume of bitcoin.not talking those gold that wasnt indicated in inventory those lost gold from the wars and thiefs who put golds in their own storage without anyone can tell where..and how coulf OP says that he thinks by april the process is finished?those no way that it would be finished.never