Bitcoin is better than gold and USD? - page 4.

yohananaomi

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Quote from: phamminhtan on June 08, 2019, 02:32:57 AM

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.

Obviously it must be different between bitcoin and gold, from the price alone it is very different, because bitcoin is unpredictable and can go down and rise at will. different from gold, the price will not be far behind when buying and selling it again.
true bitcoin can already be used as a payment tool in some developed countries not with gold that must sell it first. the matter of security is clearly safer bitcoin compared to gold, because bitcoin is placed in a wallet that has been proven good if we ourselves don't make mistakes.

efxtrader

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Quote from: BL46K 7193R on May 31, 2019, 03:11:53 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.

I think can not compare between gold and USD with bitcoin because have different functionality. Bitcoin used for peer to peer transaction and now many people use as digital asset. For Gold, some people use it as jewelry and some use it as safe haven. I think USD used for international trade and that three coin can not compare each others

harith833

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people thinks so. because price changing rapidly in bitcoin. but USD AND Gold Are stable.

Sithara007

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Quote from: Innerpumper on June 08, 2019, 09:41:06 PM

Not, although bitcoin can facilitate the transactions of many people. But I believe Bitcoins will also perish, because gold is a real future. But, Bitcoin is also better to use now.

Gold has been in use for thousands of years and you can't destroy its value by any government or central bank action. Also, its demand and supply can't be controlled by the central banks. Bitcoin has many of these characteristics. None of the central banks can manipulate the supply or demand of Bitcoin. But it is relatively new and there is always a possibility that some better technology may replace it in the future.

Innerpumper

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Not, although bitcoin can facilitate the transactions of many people. But I believe Bitcoins will also perish, because gold is a real future. But, Bitcoin is also better to use now.

DreamStage

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Quote from: Shenzou on June 08, 2019, 07:51:23 PM

You really can't compare Bitcoin and gold and usd, to each other , they all have their field, their advantages and disadvantages and and situational use, if you really want some long term and slow profit without having to worry about anything than you go with gold, if you want fast profit than you go with bitcoin, however you can say that bitcoin is to the cryptocurrency market the same way gold is to the real life markets.

You are saying that you can not compare Bitcoin and gold and usd to each other but your reply just proves the contrary Roll Eyes

Sure you can compare as take this for instance:
- Bitcoin is a decentralized virtual currency which has a value and you can trade it whenever, where you like as long there is support online for it -> fiat.
- Gold on the other hand is much more rare thus only few real life exchange shops will be able to change his value -> fiat.
- USD can be traded on every online exchange that can make such exchanges as well for any countries real life exchanger.

Shenzou

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You really can't compare Bitcoin and gold and usd, to each other , they all have their field, their advantages and disadvantages and and situational use, if you really want some long term and slow profit without having to worry about anything than you go with gold, if you want fast profit than you go with bitcoin, however you can say that bitcoin is to the cryptocurrency market the same way gold is to the real life markets.

kevinzxz

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if for investments that get a big profit but have a big risk too, then Bitcoin is a better choice than Gold and USD, but if you want to long-term investment and of course have a small risk, then Gold and USD are the right choice, but I personally recommend that if you want to get a big profits quickly then Bitcoin is the right choice at this time, because of the increase in the price of Gold and USD is very slow compared to the increase in Bitcoin prices (although the risk of investing in Bitcoin is very big, but at least for now you can still get big profits by investing in Bitcoin), unless you are afraid to take a big risk, then I suggest you to invest in Gold or USD, because the risk is smaller than you investing in Bitcoin.

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Quote from: chichidori on June 07, 2019, 01:53:25 AM

Quote from: ck343 on June 07, 2019, 01:43:37 AM

Quote from: BL46K 7193R on May 31, 2019, 03:11:53 AM

Bitcoin acceptability is very high and it is increasing day by day.

I don't know of any restaurants, grocery stores, clothes shops etc... in my city, accepting btc.
Institutions don't accept btc either as payment method.
Probably I misunderstand what you mean by acceptability.

There are some online shop and physical shop in various country that accept bitcoin but it is not known world wide locals knows about it, if you search there is a list of it.
bitcoin can never be as good as gold and fiat and that is a fact, the price can blow off the roof in the end it will be converted to fiat.

Many guys will argue with you. You may not use the banks to hold dollars: just place them anywhere and use them anytime. Bitcoin depends on many things, including the simplest stable work of the Internet.

miropp

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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.

Eildosa

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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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Quote from: Noversetied on June 08, 2019, 09:22:04 AM

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.

Quote from: kingpin4321 on June 07, 2019, 03:35:35 PM

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.

Noversetied

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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

fiulpro

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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.

Ronaldcoin2017

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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.

phamminhtan

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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.

anggi

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Quote from: Cheesus on June 07, 2019, 02:32:01 PM

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.

Julunguul

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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.

kingpin4321

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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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Quote from: Cheesus on June 07, 2019, 02:32:01 PM

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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