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Author Topic: Bitcoin is better than gold and USD?  (Read 1529 times)
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June 18, 2019, 08:11:44 AM
 #161

There's difference of view on all the three. When it comes to bitcoin people find the price volatility a big issue while some consider it as the strength of bitcoin. In other means, such as the popularity and for common people usage gold and USD gains the preference as it has got years of history and the liquidity than cryptocurrencies with access for legal uses.

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June 18, 2019, 12:09:40 PM
 #162

I think bitcoin is better. But we cannot compare bitcoin to gold or USD, these are different types of assets and they have different advantages.

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June 18, 2019, 12:10:36 PM
 #163

There are certain things that bitcoin has over gold, USD, or USD or bitcoin, and gold and vice versa. People should stop debating regarding this since it is clear that each has it's convenience and has their unique characteristics. Bitcoin can be profitable, however, mass adaptation has not reached it's peak yet, thus making it unacessible to some areas, making it worthless and indispensable.
The difference is so obvious between these three subjects, if we think about investment, bitcoin is always the best when we here understand too clearly the reason for this problem, but when considering storage and use for daily life, the value of USD is guaranteed for this problem, while gold is always in the middle of bitcoin and usd, storage is good, investment is good, but the benefits are only relative. Bitcoin, gold and usd have so many different utilities, arguing which one is better will never have accurate results when all three are used for different purposes

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June 18, 2019, 12:31:03 PM
 #164

Anytime Bitcoin is better than gold and USD as it is an amalgamation of both with the best of the feature, it is a digital asset without any country-specific barrier.
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June 18, 2019, 05:59:33 PM
 #165

Anytime Bitcoin is better than gold and USD as it is an amalgamation of both with the best of the feature, it is a digital asset without any country-specific barrier.
today bitcoin is the best asset for investment and this is true.  Never gold or dollar will be able to give such a profit, which Bitcoin gave many users of cryptocurrency at the end of 2017.
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June 19, 2019, 10:38:20 PM
 #166

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.

basically bitcoin is just an asset that is used by many people who can facilitate all transactions that can be done from anywhere so many people make bitcoin an investment asset that has valuable value. but when compared to gold and usd, bitcoin is not one of the promising investment assets to be recommended so that everyone can benefit if they invest in it, in terms of the risks faced by bitcoin certainly have a very high risk to be used as a form of investment because of its value fluctuating so it is very easy to change so fast, and not recommended to be used as a form of investment for people who are not ready to bear all the risks that will be faced in the future

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June 19, 2019, 11:37:55 PM
 #167

According  to my opinion  bitcoin is 100 time better than Gold as their technology of blockchain...bitcoin is long term investment.. so peole try to earn more  and more  from bitcoin..

We don't even know what will happen in the future but people are speculating that Bitcoin will fail though Blockchain technology is what will remain. It is a possibility but I don't think people or investor will let it happen.

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June 20, 2019, 12:05:24 AM
 #168

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.
You are right bitcoin, gold and fiat have weaknesses and advantages in each field, often the use of comparing them because of the same currency and maybe as a place of investment, all three also have value, for me it is natural things for someone to say opinions about these three things . It's just that to say who is better is impossible because of different places.

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June 20, 2019, 03:44:28 AM
 #169

According  to my opinion  bitcoin is 100 time better than Gold as their technology of blockchain...bitcoin is long term investment.. so peole try to earn more  and more  from bitcoin..

We don't even know what will happen in the future but people are speculating that Bitcoin will fail though Blockchain technology is what will remain. It is a possibility but I don't think people or investor will let it happen.

Bitcoin has remained strong more than a decade after its creation. The death of Bitcoin was predicted by numerous analysts and experts during this duration. For some, the ban by China in 2013 was a possible reason. For someone else the listing of Ethereum in 2015 meant immediate death to BTC. And even in 2017, a number of experts were predicting death for Bitcoin, after Bitcoin Cash and some other coins forked out of it. I am sure that such predictions will come out in the future as well, for different reasons.

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June 20, 2019, 03:58:12 AM
 #170

Bitcoin is something whose value and feasibility in the future will be decided by how everyone adopts it. Many nations are quite supportive and we already have a thriving BTC economy but we can't really predict how it turns out later (much later).

Fiat or Gold. They were, they are and they always be a part of economy.

Can't say the same for BTC or any other cryptocurrency.

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June 20, 2019, 06:09:59 AM
 #171


In my opinion, it might be far better than gold and usd.
The price of gold is influenced by some fundamental news, some of which are the inflation rate, monetary policy, and the value of the US Dollar. In addition, another strong indicator that has an impact on the price of gold is a global factor which is generally called uncertainty. This is where the reputation of gold as a safe haven asset comes into play, because investors usually choose to 'take refuge' in the value of Gold when the market is hit by geopolitical anxiety and instability.
Like investment in other fields, gold investment will indeed have its own advantages and disadvantages.
With its physical form, gold does need a place of storage. And because it's easy to carry everywhere, gold is also vulnerable to being lost and also stolen. So be careful when you save or invest in gold, the existence of fake gold, investment in gold must be in large quantities to generate profits that are also large


Dollar which is one of the highest value foreign currencies always attracts people to invest. This dollar investment is vulnerable to foreign currency inflation. Inflation itself is the process of increasing prices in general and continuously related to market mechanisms which can be caused by various factors, including, increased public consumption, excess liquidity in the market which triggers consumption or even speculation, to include due to the lack of distribution of goods. Inflation that has an impact on foreign currencies is indeed very possible because the comparison is the purchasing power of goods in the country.

Along with the more advanced and modern times, there is now a new investment called Bitcoin. This investment can be considered modern because it uses a computerized system and internet network in the form of virtual money. Bitcoin is digital gold. This bitcoin investment has advantages or pluses from the ease of running it. Bitcoin investment is fairly easy because it can be done remotely (online) from wherever the investor is. Only by turning on the computer or smartphone and internet network, then you are ready to run this investment. The value of this investment is easily stored on a hard disk device used.
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July 01, 2019, 11:14:53 AM
 #172

This investment can be considered modern because it uses a computerized system and internet network in the form of virtual money.
Gold-backed Stablecoins too use a computerised system and internet network, in order offer digital money.

Bitcoin is digital gold.
Gold-backed Stablecoins are real gold, digitally traded.

This bitcoin investment has advantages or pluses from the ease of running it. Bitcoin investment is fairly easy because it can be done remotely (online) from wherever the investor is. Only by turning on the computer or smartphone and internet network, then you are ready to run this investment. The value of this investment is easily stored on a hard disk device used.
Same is true for gold-backed Stablecoins

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July 01, 2019, 12:11:14 PM
 #173

~snip~

We don't even know what will happen in the future but people are speculating that Bitcoin will fail though Blockchain technology is what will remain. It is a possibility but I don't think people or investor will let it happen.

Bitcoin has remained strong more than a decade after its creation. The death of Bitcoin was predicted by numerous analysts and experts during this duration. For some, the ban by China in 2013 was a possible reason. For someone else the listing of Ethereum in 2015 meant immediate death to BTC. And even in 2017, a number of experts were predicting death for Bitcoin, after Bitcoin Cash and some other coins forked out of it. I am sure that such predictions will come out in the future as well, for different reasons.
Not long enough we experience huge dumps but I've never felt that will be the end of Bitcoin. BCH is just a clone and I don't see this coin will strong enough to compete against Bitcoin. The longevity of its existence become stronger and come to the point that garners more attention to the public, and makes people think that Bitcoin is better than of gold and USD.

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July 01, 2019, 12:47:28 PM
 #174

Gold and USD have nothing different with Bitcoin except that gold and usd are stable and accepted already as assets. Gold ia just a piece of rare metal while usd is just a paper accepted anywhere. While bitcoin is just a digital asset whose value is very volatile. I would like bitcoin as it is very unpredictable and expected to rise in value.
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July 01, 2019, 01:03:29 PM
 #175

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.

Actually, Gold and USD both are valuable and people trust them because they are alive forever and both can't die, But if we talk about bitcoin then it introduce only few years ago, only this point wise, i agree with you that Gold and USD both have more value than Bitcoin.
But as a investment wise, if you do invest your money in bitcoin then you will get more profit than gold and usd investment wise.
Following you with your statement investment wise yes I agree that bitcoin can be a much better way to place your money, with usd and gold where value is not moving that high, you just need to embrace volatility when you start bringing your investment around bitcoin there's a lots of time that sway will bring your nerve into your ass so make sure you are ready for that.
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July 01, 2019, 01:10:29 PM
Merited by TheCrimsonFucker (1)
 #176

Gold and USD have nothing different with Bitcoin except that gold and usd are stable and accepted already as assets. Gold ia just a piece of rare metal while usd is just a paper accepted anywhere. While bitcoin is just a digital asset whose value is very volatile. I would like bitcoin as it is very unpredictable and expected to rise in value.

You need to define the term "stable" first.

I would never call gold and the United States Dollar as stable assets. Gold has nosedived from $1,900 per oz in 2011 to $1,400 per oz as of now. Before 2011, it had a steep bull run. Check the details here:


And the purchasing power for the USD have been going down from the very day it was created. Check this:


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July 01, 2019, 02:39:02 PM
 #177

Gold is difficult to use as a means of payment or international trade and financial transactions. Investing in gold is not as high as bitcoin, while bitcoin can transfer digitally anywhere (anywhere) instantly, at a cost of just a few cents, at no additional cost, and the price of bitcoin is uncertain, prices can be very high and can fall as low as possible.
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July 01, 2019, 03:16:47 PM
 #178

It depends on the situation, btc has a very volatile value, the dollar has a very stable value compared to btc, gold almost dominated our market, many people prefer to invest in gold than btc, however it has some disadvantages as well as btc, you will not find establishments that easily accept gold and much less btc.

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July 01, 2019, 03:28:35 PM
 #179

Gold is difficult to use as a means of payment or international trade and financial transactions. Investing in gold is not as high as bitcoin, while bitcoin can transfer digitally anywhere (anywhere) instantly, at a cost of just a few cents, at no additional cost, and the price of bitcoin is uncertain, prices can be very high and can fall as low as possible.
Right. Bitcoin investment makes a bigger profit especially if its price becomes more expensive compared to gold that has only a fixed value and only make a small profit.And when it comes to bitcoin as a currency,it might be dominated with USD for now but when mass adoption for bitcoin takes place,hopefully bitcoin will start to replace USD soon.

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July 01, 2019, 06:14:12 PM
 #180

among the three of them, "gold, usd and bitcoin" have very different karatisitik, even though they are the same in investment participation. but if you want a long-term investment and want to continue to pay attention to developments clearly, bitcoin is more profitable than gold and usd. because the profits obtained are clearly very attractive for investors. gold and usd are very small calculations of profit.

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