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Author Topic: Bitcoin is better than gold and USD?  (Read 1529 times)
iamike
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June 02, 2019, 10:06:49 PM
 #61

United State Dollars is a currency, gold is a precious mineral and bitcoin as they say is digital currency. But to me bitcoin is not a currency rather an asset like a bar of gold. USD and Gold is widely accepted in the world not like bitcoin. Currently I really do not see the use case of bitcoin though we say you can buy and sell will it but the question is what exactly do they buy with bitcoin? I see it to be a mere say. It is high time we started chopping bitcoin rather than making in an online currency with only buying and holding for better price.
It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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June 02, 2019, 10:36:21 PM
 #62

All three can't be compared, every one is unique and have their role on economy, but if compare price then bitcoin is more expensive than gold and value a lot of USD. And bitcoin and gold can be used to get profit more than USD.
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June 03, 2019, 09:14:51 AM
 #63

The dollar is much different from gold, and Bitcoin, in turn, is very different from both of them. It is impossible to say that one of them is better, some worse. These are completely different financial assets with their own characteristics and disadvantages. In general, they will complement each other and walk in society together. If gold and the dollar have already taken place financial assets, then Bitcoin is only developing.
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June 03, 2019, 09:22:50 AM
 #64

Bitcoin can be use as money (payment system) can be use as an asset (such as gold) for these factors you will know which one is the best? I believe bitcoin is better than gold or USD because I can use bitcoin to feel how can I use bitcoin as an asset and how can I use bitcoin as payment system. This is a matter of times, sooner when all people know bitcoin or at least they understand how bitcoin work then it's time to make it happens.
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June 03, 2019, 10:07:46 AM
 #65

The dollar is much different from gold, and Bitcoin, in turn, is very different from both of them. It is impossible to say that one of them is better, some worse. These are completely different financial assets with their own characteristics and disadvantages. In general, they will complement each other and walk in society together. If gold and the dollar have already taken place financial assets, then Bitcoin is only developing.
Indeed, the three are different when viewed in terms of the physical, but if we look at the investment side they have the same, all three are very much made into investments. maybe the purpose of the OP is to compare the three towards investment.
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June 03, 2019, 11:26:10 AM
 #66

Gold, usd and bitcoin have different good result for us. Before I think bitcoin is better compared to the gold but now my thinking now because gold still good investment and also USD because other people invest it and convert it once the rate high to their currency. All of this we can earn money and possible also to earn big money or turn as to become millionaire.
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June 03, 2019, 12:33:19 PM
 #67

Gold, usd and bitcoin have different good result for us. Before I think bitcoin is better compared to the gold but now my thinking now because gold still good investment and also USD because other people invest it and convert it once the rate high to their currency. All of this we can earn money and possible also to earn big money or turn as to become millionaire.
Bitcoin was recognize as the most leading asset of all currencies that has been resemble by many people and held for too long. Thus, gold and usd has its own liable way to used appropriably. But I think it is about an individual speculation on how we overview the aspect in order to benefit it different perspection.
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June 03, 2019, 12:42:33 PM
 #68

I do not think Bitcoin is better than Gold and USD. Yes, Bitcoin is the most expensive and influential cryptocurrency of this period. Bitcoin preference is more than all the other crypto currency. Bitcoin acceptability is very high and it is increasing day by day. But it is better not to compare gold or USD with bitcoin. I saw many posts where Bitcoin is better than gold and USD. My point is that Bitcoin is the crypto currency, on the other hand, gold is one of the natural resources and USD is the real currency. So how is Bitcoin compared with gold or USD and is called Bitcoin gold and better than USD? Where Bitcoin Gold and USD are used in various different things and in different fields. Give your opinion.
what makes bitcoin different from gold and conventional currencies is the technology. and has an equation with gold and conventional currency from its trade value. so now technology has a value equivalent to gold and conventional money depending on needs
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June 03, 2019, 01:01:17 PM
 #69

Yes I think that bitcoin is better than gold and USD, the reason is that the price of bitcoin is almost always up and the total supply is also limited, and also cheap transfer fees
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June 03, 2019, 02:11:06 PM
 #70

As for my own opinion it is better the bitcoin if you are investor but if you are only a normal people it‘ll be better to you to use USD.The difference between the two of this is bitcoin price is quickly moving and its goes high sometimes and the USD is still with a little bit of moving price.

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June 03, 2019, 02:18:37 PM
 #71

Bitcoin can be valuable than GOLD and USD but definatley not now. Not until adoptions of cryptocurrencies holders mainstream we can't actually project the growth right now. My take is buy bitcoin and hold on to your Gold

Will agree with you from your point of view. Adoption is what we all cleave for and when this happen, no other currency will challenge Bitcoin again. Many are afraid of Bitcoin becasue they look at it as a coin without general acceptance from the masses. Although we are very closer to Bitcoin adoption period than never.

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June 03, 2019, 02:31:28 PM
 #72

I do not think Bitcoin is better than Gold and USD. Yes, Bitcoin is the most expensive and influential cryptocurrency of this period. Bitcoin preference is more than all the other crypto currency. Bitcoin acceptability is very high and it is increasing day by day. But it is better not to compare gold or USD with bitcoin. I saw many posts where Bitcoin is better than gold and USD. My point is that Bitcoin is the crypto currency, on the other hand, gold is one of the natural resources and USD is the real currency. So how is Bitcoin compared with gold or USD and is called Bitcoin gold and better than USD? Where Bitcoin Gold and USD are used in various different things and in different fields. Give your opinion.
We different beliefs about bitcoin, gold and usd and we know what a differences of this three they have value but different ways to earn. Bitcoin is like or same gold and usd value even its volatile the one different of bitcoin is more technical than to gold and usd that have stable price unlike to bitcoin.

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June 03, 2019, 02:37:32 PM
 #73

I do not think Bitcoin is better than Gold and USD. Yes, Bitcoin is the most expensive and influential cryptocurrency of this period. Bitcoin preference is more than all the other crypto currency. Bitcoin acceptability is very high and it is increasing day by day. But it is better not to compare gold or USD with bitcoin. I saw many posts where Bitcoin is better than gold and USD. My point is that Bitcoin is the crypto currency, on the other hand, gold is one of the natural resources and USD is the real currency. So how is Bitcoin compared with gold or USD and is called Bitcoin gold and better than USD? Where Bitcoin Gold and USD are used in various different things and in different fields. Give your opinion.
We different beliefs about bitcoin, gold and usd and we know what a differences of this three they have value but different ways to earn. Bitcoin is like or same gold and usd value even its volatile the one different of bitcoin is more technical than to gold and usd that have stable price unlike to bitcoin.
Gold stable because it has existed since centuries that is my opinion though, Imagine if bitcoin market capitalization is as huge as gold then bitcoin will definitely have the same chance of being less volatile too.
However we can't hinder the fact that we are nowhere to compete gold, maybe bitcoin really need to finds its place on people's mind as a digital version of gold

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June 03, 2019, 03:27:39 PM
 #74

For me yes, there is nothing you can compare to Bitcoin in terms of profit, if you are professional and lucky enough to have bought in right time and reight moment. You could have been a millionaire if you bought Bitcoin at it's early stage and hold it up until now. And if you compare it to USD it has never been the same or catch up with it.
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June 03, 2019, 03:30:19 PM
 #75

Look gold is basically cave man money. The only people shil;ling gold are desert survival nuts and moonshine brewing hillbillies

Bitcoin lets you move value 100000000x easier and faster and has a limited supply. its only a matter of time before BTC replaces gold as the safe haven with the added bonus of convenience, liquidity and being compatible with the 21st century

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June 03, 2019, 03:54:26 PM
 #76

For me yes, there is nothing you can compare to Bitcoin in terms of profit, if you are professional and lucky enough to have bought in right time and reight moment. You could have been a millionaire if you bought Bitcoin at it's early stage and hold it up until now. And if you compare it to USD it has never been the same or catch up with it.
We cant compare bitcoin  of it's growth over USD because we shouldn't have to, in fact, we are using USD as our reference of bitcoin's value.  If we analyze them carefully,  they are nothing to compared of.  
What is the good thing with bitcoin is that,  it change its value and it makes people become profitable which we can't found into USD  and Gold.  And that is why,  many will preferred to invest bitcoin than of gold.

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June 03, 2019, 04:36:57 PM
 #77

Bitcoin can be use as money (payment system) can be use as an asset (such as gold) for these factors you will know which one is the best? I believe bitcoin is better than gold or USD because I can use bitcoin to feel how can I use bitcoin as an asset and how can I use bitcoin as payment system. This is a matter of times, sooner when all people know bitcoin or at least they understand how bitcoin work then it's time to make it happens.
So bitcoin is much better when we compare to usd and gold, because btc is acceptable in all not like in gold and usd. Time comes that people notice that not usd or gold are much better. Even for investment btc has give a high profit in just a few days only.

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June 03, 2019, 04:55:48 PM
 #78

I do not totally agree on this statement but if you really think about it you actually have a point. We should not eliminate USD or Gold because they are our natural resources of money and many people will complain for sure if it happens. Bitcoin is the modern currency it is actually made for those people that are having difficulty in using cash like carrying them. Also, bitcoin fits in our generation which is technological gen. and most people prefer easy transactions like what bitcoin can do. So for me as a modern people, I still prefer bitcoin rather than gold and USD.
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June 03, 2019, 05:29:31 PM
Last edit: June 03, 2019, 06:11:46 PM by serjent05
 #79

We should not eliminate USD

Even if we do not USD and any other currency will self destruct because of the so called inflation.

Gold because they are our natural resources of money and many people will complain for sure if it happens.
 

Gold can't be eliminated even if we wanted it to be.  It is the best store of Value and currently the most perfect representation of money.

Bitcoin is the modern currency it is actually made for those people that are having difficulty in using cash like carrying them.

You can always carry a credit card, or a debit card.  Why carry a case  of money when it can fit on a wallet by means of cards.

I still prefer bitcoin rather than gold and USD.

but the situation does not allow you to use Bitcoin in your everyday needs even if you  prefer using them.  This simply conclude that Bitcoin in some aspect maybe better than gold and USD but both gold and USD is way better than Bitcoin at its current state especially when it comes to store of value.

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Successmaniac4
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June 03, 2019, 10:26:40 PM
 #80

In terms of pricing, 1 Bitcoin can be far higher than one bar of gold. But the sad news is that, even if there are fluctuations with the price of the gold bar, it cannot be compared to that of Bitcoin. It is a volatile coin and its value cannot be predicted all the time. It keeps changing.

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