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Author Topic: Bitcoin is better than gold and USD?  (Read 1529 times)
costanos02
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June 07, 2019, 01:05:01 PM
 #101

As of the present situation, USD ang GOLD is much better for now, because those things run the market today, bitcoin has just started sooner or later in the near future when bitcoin accepted worldwide in terms of all types of transaction, thats the time we say YES it is much useful compare to USD and GOLD.
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June 07, 2019, 01:49:53 PM
 #102

The problem with gold is that it can be stolen. Physical gold can be stolen from your residence, or even from the bank lockers. Paper gold (ETF) is even riskier. If the issuing authority undergoes bankruptcy (which is somewhat common nowadays), then the ETF units may lose their value. Here is the advantage with BTC. It can't be stolen. Even if someone steals the hardware wallet, without the password or PIN, he won't be able to spend them.
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June 07, 2019, 01:51:44 PM
 #103

Bitcoin has their own style , so do the gold and USD.
Remember that bitcoin has volatile value but it can yield you some profit more than you can achieve on gold / USD

Learn their characteristic so you can find the advantage from it !

Smiley
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June 07, 2019, 02:05:06 PM
 #104

Bitcoin is definitely better than USD, but I am not sure whether we can compare it with gold. The United States Dollar is losing its purchase value ever since the first dollar banknotes were printed. Just check this chart, and you will understand:


Now we can't say the same about gold, because its purchasing power has remained roughly the same over the years. Gold does not have to deal with the issue of federal debt and inflation (which drags down the value of the United States Dollar).

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June 07, 2019, 02:23:42 PM
 #105

Gold is one and the USD dollar is different. I think it is a different position in its position. There is no comparison with anyone. That's why I think bit quotes are not just about anything else with it. However, yes bit coins run out of them at one point. It will not be more day long.

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June 07, 2019, 02:49:03 PM
 #106

Bitcoin, gold, and USD are different, but the three are much in search by investors. The point of the line can be used for investments and benefit by having it. Bitcoin and gold more in comparison from USD. Because Bitcoin and gold have a price that can experience changes higher than USD. But for me, Bitcoin is an investment with the highest potential, even if it has the highest risk.
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June 07, 2019, 04:48:56 PM
 #107

The gold prices have gone down heavily since 2011. It has been almost a decade and they haven't recovered yet. The demand for gold has gone down in countries such as China and India. People no longer consider gold as a safe asset. Or may be the case is that many of them consider gold as over-priced. I either case, I would say that BTC is a better option.
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June 07, 2019, 05:43:50 PM
 #108

Yes.Bitcoin is better than gold and USD. Because day by day its prize go up and up.After the world's first bitcoin transaction on 12 January 2009,bitcoin prize was 0.003 in 2010.Today the prize 7500$.Just compare the prize.More than 10000x growth.Have you ever seen like that?And it will go up and up some says it will go up to 100000$
I think that you should conduct an experiment and send from point A to point B for example 30,000 dollars.  But only in one case, send 30,000 dollars in dollar equivalent, and send another transfer to Bitcoin.  You should compare the time after which you can get your money, as well as the difficulties that must be accompanied by a bank transfer and due to the receipt of Bitcoin, Or maybe even its cashing.  And then you will have a real answer to the question posed. Which is better.
Yes.Thats true,Still we having difficulties.Time,transaction problems and many more.If more more demand come to bitcoin.That would be work like a force.Then they will have solve the this transaction delay in bank or any other places."bitcoin accepted" will spread and all other problems will be solved

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June 07, 2019, 07:32:01 PM
 #109

Actually, it is very hard to compare with your regular needs. I need Gold, USD and Bitcoin all! Because they are money and everyone runs behind money. But if I have to pick one, I will go for Bitcoin obviously! Bitcoin has a great future no doubt, it's technology is making things easier! Gold is the natural resource it is not currency in my view, USD has lack of freedom and transparency! Where cryptocurrency is being accepted as a payment method over the world!

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June 07, 2019, 08:04:28 PM
 #110

Actually, it is very hard to compare with your regular needs. I need Gold, USD and Bitcoin all! Because they are money and everyone runs behind money. But if I have to pick one, I will go for Bitcoin obviously! Bitcoin has a great future no doubt, it's technology is making things easier! Gold is the natural resource it is not currency in my view, USD has lack of freedom and transparency! Where cryptocurrency is being accepted as a payment method over the world!
I'll go with bitcoin too. Of course gold and USD are too far from bitcoin once compared but i think there's no need for them to compare because they can be both beneficial in other ways. While bitcoin is still considered as a cryptocurrency for now waiting to be legally adopted by the government, USD is already a real currency that people are now using and gold continues to be a natural resource.
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June 07, 2019, 08:35:35 PM
 #111

I am also of the believe that bitcoin is not as important as the USA dollar but bitcoin can still be of more value to the public than gold. But this would not be easy and it would require much patience and time
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June 07, 2019, 10:58:15 PM
 #112

it seems like this kind of topic will never be debated. In my opinion there is nothing better, of the three, each of the above has positive and negative sides. It's better if you know when and how to use these three things.

Use GOLD for long term investment, Take USD for daily and mid-term, and Bitcoin depends on the market situation.
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June 08, 2019, 07:05:06 AM
 #113

Actually, it is very hard to compare with your regular needs. I need Gold, USD and Bitcoin all! Because they are money and everyone runs behind money. But if I have to pick one, I will go for Bitcoin obviously! Bitcoin has a great future no doubt, it's technology is making things easier! Gold is the natural resource it is not currency in my view, USD has lack of freedom and transparency! Where cryptocurrency is being accepted as a payment method over the world!
each person has a different choice, and among these 3, I of course chose gold. however, bitcoin technology is the best technology I know today that I can use well. bitcoin teaches many things for me, especially in business. it's just that, it's quite difficult to compare it with usd and gold, because I think bitcoin also still has a great need for both of them.
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June 08, 2019, 07:32:57 AM
 #114


In my opinion, Bitcoin is like gold and may be better than gold because of its availability and acceptance, bitcoin can be used to buy Pizza and gold does not, in terms of security, bitcoin is at risk of being stolen. More than gold, in one way or another, Bitcoin and gold all have different advantages.

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June 08, 2019, 09:16:11 AM
 #115

I think everything in crypto really depends on how to do such profitable action it is depend on us. I think bitcoin is better than gold and usd in terms of investment. But as what i have said it is always depend on our strategy and patience because crypto is really unpredictable.
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June 08, 2019, 09:46:29 AM
 #116

Well I don't think it's on us to make decision of personal investments by the people , the stats shows that now people are shifting more towards Bitcoin and other cryptocurrencies .

Even USD have shown very less growth this year and also gold is something that does not qualify to be sold in an instant or to be brought, it's not that easy , with cryptocurrencies you just sit at home and click .

Yes I agree that it's a more safer option when it comes to money Saving and such because it would always be supported by the people and by the government but ! At the same time we with higher risks are getting more profit.
This I think it's just tit for tat.

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June 08, 2019, 02:22:04 PM
 #117

For hundreds of years, gold has dominated the position of a paradise storage asset and does not know whether Bitcoin is a real threat. Between gold and Bitcoin there are still small but meaningful differences in investors choosing: Transparency, Safety and Legality
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June 08, 2019, 02:33:34 PM
 #118

For hundreds of years, gold has dominated the position of a paradise storage asset and does not know whether Bitcoin is a real threat. Between gold and Bitcoin there are still small but meaningful differences in investors choosing: Transparency, Safety and Legality
For safety and legality, most of the investors will choose to remain as traditional investors. While most of the new set of investors living in this generation would love to have bitcoin as our new trend of investment.

I am also of the believe that bitcoin is not as important as the USA dollar but bitcoin can still be of more value to the public than gold. But this would not be easy and it would require much patience and time
If someone has most of his investments lies to USD, he can say this easily but if someone who's into bitcoin, I doubt that he'd tell it.

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June 08, 2019, 06:31:23 PM
 #119

I also think that it makes no sense to compare bitcoin with gold and the US dollar. It's completely different. However, I saw that compare the graph of growth of the price of gold and bitcoin. Maybe it makes sense, but I don't think it does.

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June 08, 2019, 06:39:05 PM
 #120

Each of these values has its advantages and disadvantages. I think that they should not be compared, because each of them has its own function and purpose. Each investor chooses for himself what to buy based on their goals, which he wants to achieve.

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