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.
Yes I agree with you. But its hard to say, as past performance isnt a guarantee for future performance, as the old adage goes in Wall Street. Besides, Bitcoin has been around for a short period of time.Of course gold has its own advantages, too. It can be used to make jewelry, and in manufacturing of certain products.
Meanwhile, Bitcoin has disadvantages. Blockchain, the technology that created Bitcoin, can be used to create other cryptocurrencies that might compete against Bitcoin. In fact, it has already done so, creating Etherium, Litecoin, and Ripple, to mention but a few. We don't know in the next month. Gold price is getting higher too.