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03-03-2017, 06:00 PM
A single Bitcoin is **w worth more than an ounce of gold
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If you own Bitcoin, rejoice: A single unit of digital cryptocurrency is **w worth more than an ounce of actual, physical gold.*
According to CoinDesk's Bitcoin Price Index, the price of 1 Bitcoin (http://www.coindesk.com/price/) is $1,281.95 at the time of this writing, while the gold spot price (https://www.bloomberg.com/quote/XAUUSD:CUR) is $1,227.66 per ounce, according to Bloomberg Markets.
SEE ALSO: Bitcoin reaches an all-time high as SEC decision looms (http://mashable.com/2017/02/24/bitcoin-record-high-sec/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)
The two prices met after a shoddy day and a flat year for gold, in contrast to the amazing year Bitcoin has had in terms of price — exactly a year ago, the cryptocurrency traded at around $200 per one Bitcoin.*
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If you own Bitcoin, rejoice: A single unit of digital cryptocurrency is **w worth more than an ounce of actual, physical gold.*
According to CoinDesk's Bitcoin Price Index, the price of 1 Bitcoin (http://www.coindesk.com/price/) is $1,281.95 at the time of this writing, while the gold spot price (https://www.bloomberg.com/quote/XAUUSD:CUR) is $1,227.66 per ounce, according to Bloomberg Markets.
SEE ALSO: Bitcoin reaches an all-time high as SEC decision looms (http://mashable.com/2017/02/24/bitcoin-record-high-sec/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)
The two prices met after a shoddy day and a flat year for gold, in contrast to the amazing year Bitcoin has had in terms of price — exactly a year ago, the cryptocurrency traded at around $200 per one Bitcoin.*
http://i.amz.mshcdn.com/E4Y4lnRCYa9UQRfeBlyzNryK2WE=/fit-in/575x4096/https%3A%2F%2Fblueprint-api-production.s3.amazonaws.com%2Fuploads%2Fcard%2Fima ge%2F402599%2Fe8be14d1-8ea0-4781-9a45-e5cf64d21c6e.png
Image: Coindesk Read more... (http://mashable.com/2017/03/03/bitcoin-gold-price/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)
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