Topic: Bitcoin is better than gold and USD? - page 6. (Read 1600 times)
I have to say bitcoin is better than USD but not on GOLD. Gold is still one of the best investment because of it's price stability, it's value never goes down while bitcoin on the other hand is volatile you will never when it will goes up or down.
IMO bitcoin is better than USD or fiat currency but no better than gold
what makes bitcoin have value is how to get it
to get it we have to mine using equipment that is not cheap (this is an investment in the form of mining equipment)
while on the other hand USD or other fiat money actually has no value
we are forced to believe in the value of this fiat currency
what makes bitcoin have value is how to get it
to get it we have to mine using equipment that is not cheap (this is an investment in the form of mining equipment)
while on the other hand USD or other fiat money actually has no value
we are forced to believe in the value of this fiat currency
Bitcoin is more volatile than the other two assets, so it can be attractive as an asset for many people. Gold has been a dependable store of value for millennias and works similar to Bitcoin in rarity and popularity. I would carry some of both Bitcoin and Gold. 
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.
Well, literally to be honest it is indeed better than gold and USD$. Probably, because of volatility of Bitcoin, though the reference value of Bitcoin was based on USD, but Bitcoin for me is not competing it anyway any form of business in online too. Although, if you are going to look at it literally, it has a similarity of ponzi scheme but the truth was not really actually.
Well if I walk down the road with either cash or gold I might get best half to death for it. Of I use credit card and bitcoin no one needs to know how much I have. I don't even kike the government to know how much money and asserts I have. It has nothingv to do with them and the fact they have access to all this info annoys me and is why I like crypto. Even if you rich you can have your finds frozen because apparently other people deserve more power over your money then you do. With bitcoin you cannot take it from me.
I do not think Bitcoin is better than Gold and USD. Yes, Bitcoin is the most expensive and influential cryptocurrency of this period. Bitcoin preference is more than all the other crypto currency. Bitcoin acceptability is very high and it is increasing day by day. But it is better not to compare gold or USD with bitcoin. I saw many posts where Bitcoin is better than gold and USD. My point is that Bitcoin is the crypto currency, on the other hand, gold is one of the natural resources and USD is the real currency. So how is Bitcoin compared with gold or USD and is called Bitcoin gold and better than USD? Where Bitcoin Gold and USD are used in various different things and in different fields. Give your opinion.
Well, literally to be honest it is indeed better than gold and USD$. Probably, because of volatility of Bitcoin, though the reference value of Bitcoin was based on USD, but Bitcoin for me is not competing it anyway any form of business in online too. Although, if you are going to look at it literally, it has a similarity of ponzi scheme but the truth was not really actually.
As BTC was not well-publicized as a means of payment, or even currency itself in society eventually became a reserve of value. And from this reserve of value we have the great speculations.
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.
Well, literally to be honest it is indeed better than gold and USD$. Probably, because of volatility of Bitcoin, though the reference value of Bitcoin was based on USD, but Bitcoin for me is not competing it anyway any form of business in online too. Although, if you are going to look at it literally, it has a similarity of ponzi scheme but the truth was not really actually.
So how is Bitcoin compared with gold or USD and is called Bitcoin gold and better than USD?
That said, if Bitcoin really is the second coming of gold, what does this mean for its future?. Once investors realize that gold doesn’t perform as well as BTC, asset prices could reach $100,000 per coin. However, the U.S. dollar is similar to a Ponzi scheme, meaning additional money could come to it as time goes on.
We say that "Coal is a black diamond", it's just that. But, it does not have any meaning if the effectiveness is seen from its direction. Because Diamond is always Diamond. Coal can never be diamond. That's exactly what I think, why not increase the price of Bitcoin, Bitcoin is a Cryptocurrency And it will be the whole life. Never be Gold or USD. Because Gold is a mineral resource. USD is a USA currency. So regardless of how they are compared, these can never be the same.
All of them have advantages and fit our needs on different moments. I believe there isn't a better or worse, the 3 options are fine and I would have access to all if I could.
- Usd represents fiat, it's the best currency to use daily as it's stable and keeps our financial life organized;
- Then we have gold, that is also stable, but not inflationary, so we can use it to store our money, escaping from devaluation, however it's not so easy to have access to it, and a decent investment is needed;
- The last one is bitcoin, the most profitable so far for those who want to invest low sums of money. It helps us connecting to the virtual financial world, opens a lot of new opportunities, but it's still too volatile to be used daily.
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.
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.
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.
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. 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.
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
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
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.
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. 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
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. 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.
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.
Jump to: