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.
Its true that bitcoin has defeated gold In terms of price But still I dont think that bitcoin will be able to defeat Goldberg and replace it because firstly, gold is way more popular than bitcoin and has way more users than bitcoin throughout the world. Then gold has a physical entity whereas bitcoin is just a digital form of currency. Then gold is trusted by most of the people whereas bitcoin is not. Then gold is accepted everywhere whereas there are only limited places where bitcoin is accepted.