Quote from: guybrushthreepwood on January 15, 2014, 02:47:03 PM

Quote from: Cryptopher on January 15, 2014, 02:41:04 PM

Quote from: guybrushthreepwood on January 15, 2014, 01:49:20 PM

Quote from: premiumwriting on January 15, 2014, 01:38:35 PM

I am a new guy to bitcoin world.
Hope bitcoin surpass gold.

It already did surpass gold.

True, at one point. But I think that the OP suggests that it sustains that lead.

Put it this way, BTC will either smash gold value, or forever remain below it. I can't imagine that the two will remain equally priced.

I don't see why we have to measure and compare the two. I hope one day for Bitcoin to surpass potatoes.

And how much is gold worth now exactly? What if gold drops to a low price? Neither values are fixed.

That's true, I'm not too clued up on gold prices but I think that it is around the $1000-1100 per unit mark.

I think that the two are compared as they draw some parallels. Both are finite, and both are seen as a store of value - though many people don't think that is the case for Bitcoin per se.

Bitcoin overtaking gold and sustaining that lead would be seen as a serious win. But right now BTC is so volatile, I'm not sure how much confidence people have in paying > $1200 per BTC until more commercial news has been revealed.