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Topic: Bitcoin is better than gold and USD? - page 3. (Read 1600 times)

legendary
Activity: 3234
Merit: 1214
DGbet.fun - Crypto Sportsbook
June 13, 2019, 09:30:48 AM
Bitcoin

Decentralized
Anonymous
Technology (Backing)

Gold

Central Control
Commodity backed
Low Volatility

USD

Government issued
Gold backed
Increased usage

Each vary with one another on different factors making one better than the other. Some believe bitcoin features to be best and that gives an opinion of bitcoin to be the best. In such a way is with gold and USD. For majority of the users to have such a thought of bitcoin to be the best it takes more time depending on the increasing usage and adoption.
newbie
Activity: 4
Merit: 3
June 11, 2019, 09:07:55 PM
I don't basically understand why people will have time to compare Bitcoin to either Gold or USD than educating the world about the uniqueness of it and how its wanna transform the way businesses are done and also impact the entire financial ecosystem. I don't really think its advisable for such issues to be in the crypto space.
sr. member
Activity: 652
Merit: 257
June 11, 2019, 09:03:22 PM
Bitcoin is a strong form of currency as it is easily exchangeable and fungible. Rarity is one Bitcoin's strong suits as miners have become expensive and computationally heavy, while the price of the coin itself is now in the upper thousands.

Gold still has its value and is an excellent store of value. I would recommend keep some of both, and avoid having too much dollars. There is an easy way to exchange between Bitcoin and Gold. See here.
member
Activity: 784
Merit: 10
June 11, 2019, 08:10:10 PM
I think it should goes like this, gold and fiat currency or usd is better than bitcoin. I say like that in such way that gold is better at any time, for investment it is also better since the value of gold increases every year, unlike bitcoin that fluctuates and has an ups and downs.
sr. member
Activity: 2478
Merit: 343
20BET - Premium Casino & Sportsbook
June 11, 2019, 07:46:57 PM

Bitcoin doesn't need to dominate the market in order to be applicable. It already is. It has proven itself again and again. It is just in development and like everything it will be updated in time.
There is nothing to compare Bitcoin into USD and Gold, in fact, they haven't of the same usable platforms.
We know Gold and USD before and still, it shows what really they are in the market and playing a big role in our life.
Bitcoin is just new to us and not all of us even knew about this but it proves something that could make people see it a more profitable investment than of real stock investment causing some of the gold investors jumping into Bitcoin/crypto investment.
hero member
Activity: 966
Merit: 535
June 11, 2019, 07:10:20 PM
Bitcoin will never hit $1M b/c it doesn't have the right economic nor developer infrastructure that is required to hit that kinda of valuation.

The Bitcoin protocol is 'stuck' in ideology. A 1st gen of the past. No tech in history has ever hit mainstream w/ that type of design.

Dash is in front in many aspects, but the volume is too low yet. When people start to realize $dash as the best alternative we will skyrocket from 0.018btc to 0.1 in few weeks. DASH is Digital Cash!


Bitcoin is not in idealogy? What are you talking about? It is useable and applicable right now.

Bitcoin, Gold, and USD are different in every way, but the only thing they are similar is that they gain/lose their value from time to time. However, for now, as cryptomarkets are still in an unstable situation because of regulations, Gold and USD are still dominating our financial market. However, we as crypto believers, we know that one day Bitcoin will be used and will consider as currency by all of the countries.

Bitcoin doesn't need to dominate the market in order to be applicable. It already is. It has proven itself again and again. It is just in development and like everything it will be updated in time.
full member
Activity: 468
Merit: 100
Experience the Future of DeFi
June 11, 2019, 05:19:18 PM
Bitcoin, Gold, and USD are different in every way, but the only thing they are similar is that they gain/lose their value from time to time. However, for now, as cryptomarkets are still in an unstable situation because of regulations, Gold and USD are still dominating our financial market. However, we as crypto believers, we know that one day Bitcoin will be used and will consider as currency by all of the countries.
hero member
Activity: 2002
Merit: 535
June 11, 2019, 04:57:22 PM
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.
You really cannot compare anything to bitcoin and it is a fact, the function of gold is a shiny metal and people consider it as an investment for centuries and the fiat dollar like any other fiat currency is being printed by the government according to their needs, but that is not the case with bitcoin, every transaction you make will have a recorded history you can track everything and it is the biggest advantage of them all.
newbie
Activity: 29
Merit: 1
June 11, 2019, 04:53:20 PM
If we re talking about the idea, yes it's better. IF about the adoption - USD is still the top. I don't really realize why do we still need gold btw.
jr. member
Activity: 56
Merit: 5
June 11, 2019, 03:45:32 PM
Smiley

simple equation to know what the astronomical value can be for 1 bitcoin ....zcash also was hit huge spike ....who was there know what the price was even it falled its only show where it can get....do research very nice price
newbie
Activity: 4
Merit: 0
June 11, 2019, 01:35:52 PM
Yes bitcoins are better than gold USD.Bitcoins show an rapid growth in volume as well as price if compared to gold or USD.
sr. member
Activity: 437
Merit: 250
June 11, 2019, 01:34:37 PM
Bitcoin will never hit $1M b/c it doesn't have the right economic nor developer infrastructure that is required to hit that kinda of valuation.

The Bitcoin protocol is 'stuck' in ideology. A 1st gen of the past. No tech in history has ever hit mainstream w/ that type of design.

Dash is in front in many aspects, but the volume is too low yet. When people start to realize $dash as the best alternative we will skyrocket from 0.018btc to 0.1 in few weeks. DASH is Digital Cash!

https://twitter.com/JesusCrypto33/status/1138478543619407872
 Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked
full member
Activity: 1026
Merit: 110
Need Bounty manager ? Contact @repear71
June 11, 2019, 01:33:50 PM
When talking now that the crypto currency is getting better then I say that bitcoin is better than gold and USD. The development and movement of bitcoin is so fast that it does not rule out the possibility that the bitcoin situation has dropped and bitcoin is no better than gold and USD. At this time bitcoin provides a pretty good advantage if we can trade with bitcoin actively and routinely daily. But if we look at the conditions of last year, I prefer gold or USD for investment fields.
full member
Activity: 840
Merit: 117
June 11, 2019, 12:38:53 PM
If you consider in last 5 years it has given the best returns than even gold or Usd for that matter . People have become millionaire or billionaire if they had bought early stage bitcoin and sold in 2017 high . So btc is definitely  the best when it comes to returns.

Definitely, it is, there 's no investment of that kind imagine from a few cents it has grown to five digit value and it this happen within ten years, possibly the best investment we've heard and investors can make a profit over and over gain, if they have belief and patience.
Well Gold is at very high price so if we invest on GOLD so will not get enough profit but at the moment Bitcoin and other top crypto's is the best investment I believe. Agree with you mate few cents to $20,000, we can expect that we will see again that digits in few years/ very soon. 
hero member
Activity: 3024
Merit: 614
Leading Crypto Sports Betting & Casino Platform
June 11, 2019, 12:00:19 PM
If you consider in last 5 years it has given the best returns than even gold or Usd for that matter . People have become millionaire or billionaire if they had bought early stage bitcoin and sold in 2017 high . So btc is definitely  the best when it comes to returns.

Definitely, it is, there 's no investment of that kind imagine from a few cents it has grown to five digit value and it this happen within ten years, possibly the best investment we've heard and investors can make a profit over and over gain, if they have belief and patience.
sr. member
Activity: 1988
Merit: 453
June 11, 2019, 11:52:18 AM
Everyone here ignores a very important fact. United States Dollar is the reserve currency of the world. But that status is not permanent. Until the 1930s, the Great Britain Pound was the reserve currency of the world. USD got that position less than 100 years ago. And there is no guarantee that USD will remain as the reserve currency for the next 100 years.

jr. member
Activity: 56
Merit: 5
June 11, 2019, 10:34:24 AM
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.

Smiley

bitcoin will replace them... usa in 20 trillion debt do you know whats its mean....now the usd affect other paper money as world main currency..

alot of coins in the world dont have value like india russia israel ukrine china and other shit.....the replacment will happen fast....

+-------->>>>

business will happy to be paid by crypto because the prices slowly go up....this is very deep deep ...this is where it will explode so hard....compare to russia crappy coin or india or other shitty coins which not worth nothing and not only this the main currency which affect all of them is in 20 trillion debt


hell only smart economist can understand this...


its million time better then usd you already read the answer and gold will be nothing compare to btc...

be aware to listen people here that throw answer without any education better go to smart economist and smart math teacher he will explain you

then compare to all what they say....when people run after money they fall in scams and also very dumb and simple things dont understand the irony of life compare to people that come to change and the money run after them hhh
hero member
Activity: 1218
Merit: 557
June 11, 2019, 10:32:10 AM
If you consider in last 5 years it has given the best returns than even gold or Usd for that matter . People have become millionaire or billionaire if they had bought early stage bitcoin and sold in 2017 high . So btc is definitely  the best when it comes to returns.
jr. member
Activity: 56
Merit: 5
June 11, 2019, 10:30:05 AM
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.


be aware to listen people here.....if we compare bitcoin to the age of people bitcoin is truly only like 4-5 years baby/kid.....

i just fucking lazy to go to detiles and equation and other shit.....but people who think that bitcoin is in the peak are totally crazy and i mean this..


do you fucking know how much 1 bitcoin can worth the number is fucking astronomical and scary....ASTRONOMICAL ....

be aware to listen to uneducated people if you have great question go to some math pro teacher and he will show you the power of btc and which equation to use to get to this number...

who think he lost the train of bitcoin is sorry to say so fucking dumb and dont know anything in math and economics and other shit....

but people love to to throw shit without any deep research until they hit smart people in some table and you know how it goes from there


....

the price per bitcoin can be fucking astronomical and scary and if we compare the age of bitcoin to people age bitcoin is only 4-5 yeaars kid in this planet wait when this grow .....

i dont talk about from when the idea came
sr. member
Activity: 2030
Merit: 269
June 11, 2019, 10:19:01 AM
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.

In terms of profitability, my vote is on Bitcoin but Bitcoin is internet based and a combination of  code in a computer, gold is very valuable in the real world but the profit is not as high if you compared it Bitcoin and about a dollar, it has great uses whenever you go each one has an advantages and disadvantages over the other.
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