Post
Topic
Board Economics
Re: Bitcoin has defeated gold
by
Snaic
on 16/04/2018, 18:20:57 UTC
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.
Even with the fact that bitcoin is not worth 1260 dollars, and about 7800 dollars, vseravno I think that bitcoin has not won and will not win gold. First, gold is measured in ounces, and bitcoin in satos. Why then do not compare the cost of an ounce of gold to the cost of satosh? With this approach, the result will be the opposite. Secondly, bitcoin and gold are values ​​that can not be compared with each other. Each of them has its own functions and tasks. Gold existed long before the appearance of bitcoin and will exist for a very long time, perhaps bitcoin will survive for a long time.