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Topic: Bitcoin is better than gold and USD? - page 8. (Read 1600 times)

hero member
Activity: 1274
Merit: 516
June 01, 2019, 10:57:48 PM
#49
Just see the price and how well they perform, if you hold btc the price will gradually going up and because its limited, the price will become more valuable, fiat value will keep on decreasing due to the inflation and continous money printing, gold is the most stable investment but the resources is really abundance, so the price moves really slow

The most easy way to see is you go buy 100$ worth of btc and gold after few years see how much they become
full member
Activity: 2590
Merit: 228
June 01, 2019, 06:35:04 PM
#48
I won't compare between bitcoin and gold because it's different.
Bitcoin and gold have a different path for the people, but both bitcoin and gold has the same way in the investment thing.
So rather than to say that bitcoin is the best or gold is the best, I think we should use both bitcoin and gold so we can get the advantage of bitcoin and gold itself.
We can make money from bitcoin and gold and that is what we need to do Grin


Wise ideas mate we know both have great  investment was have different source of incone to make money. Very year was increase their price, bitcoin is very risk investment but if people knows how to handle bitcoin as source of income more than the price of gold rhey can get money.
member
Activity: 994
Merit: 20
June 01, 2019, 06:13:56 PM
#47
I am not sure about this comparison because USD hasn't started to lost its importance that much. On the other hand, I could say that Bitcoin is better than gold right now.
hero member
Activity: 2870
Merit: 574
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June 01, 2019, 05:34:40 PM
#46
I won't compare between bitcoin and gold because it's different.
Bitcoin and gold have a different path for the people, but both bitcoin and gold has the same way in the investment thing.
So rather than to say that bitcoin is the best or gold is the best, I think we should use both bitcoin and gold so we can get the advantage of bitcoin and gold itself.
We can make money from bitcoin and gold and that is what we need to do Grin
member
Activity: 224
Merit: 62
May 31, 2019, 09:59:05 PM
#45
how much you guys want the tax to be? like 20%? 10%?.... 1%

It is 30% here in Canada.

15% on income if you make a lot 20-33%
15% when you buy anything from the store with that income

min 30% tax in Ontario.
member
Activity: 224
Merit: 62
May 31, 2019, 09:32:30 PM
#44
GOLD
- Have value and will always have
- Can be used to make jewelries, etc.
- Price more likely stable
- May used as a mode of payment
- Limited supply but still can't predict how many golds left

USD
- Worlds most recognized currency
- Can be used as a payment
- Can create more and more paper money
- Can be considered as a stable money

Bitcoin
- Online money
- Limited resources
- Anonymous transaction
- Volatile price

As you can see they have their own uses, advantages and disadvantages. They have their own uses as well and their own values, there's no need to compare them all.

Gold
-Need for electronics not money supply
-They stole it all before and banned it remember?
-In the future kind of fucks us. https://www.youtube.com/watch?v=Y7TLFyK_3Pk

USD
-$cam backed by nothing, we trade our time, work, goods and services for this $hit $cam
-Unlimited $hit $cam $lavery $ystem that trades for our limited time
-Fucks us now

Bitcoin
-Legit
-Can forget your password and the government can`t come into your house and take it.
-In the future kind of fucks us but not if traded for time

Time/Duration trading hours for hours

-The best
-Can be traded into bitcoin (see some of my other post)
-Kids born after 2045 have a chance to mine

https://www.youtube.com/watch?v=NT427lPhkXs

hero member
Activity: 1722
Merit: 528
May 31, 2019, 09:26:50 PM
#43
others got turned off by bitcoin's volatility but it's actually the greatest thing about it..that's what making people money and of course also losing money.

Don't like exactly.

People and there are a lot of investors that don't like the volatility of Bitcoin. Some people don't know the volatility it has the reason they are not ready to it. They lost money and then they run their mouth about it being something that so volatile it will die eventually. But they get it differently. It is the advantage of BTC and it is the reason why it is still alive and pumping.
full member
Activity: 644
Merit: 100
May 31, 2019, 09:21:54 PM
#42
I agree with your opinion that bitcoin is better than USD and gold, if we compare between the three commodities it is indeed more profitable if we use Bitcoin, for the problem of bitcoin transactions more efficiently, there is no limit to the number, and the distance between senders and recipients, whereas if USD we have to use conventional bank transfers that require a long time and high costs if the shipping distance between countries. In terms of bitcoin security it is also safer compared to the USD that we keep in the bank, even if there is news about hacking the bitcoin wallet due to the negligence of the wallet owner who cannot keep the privacy of his wallet, while hacking this bank is not due to owner negligence but because of hackers who managed to break into the bank's database.
hero member
Activity: 1316
Merit: 407
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May 31, 2019, 09:06:31 PM
#41
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.


BTC was created to evade the USD, not specifically but it was. Therefore, USD is worse than BTC, simply because it is a state currency and without any ballast.

Gold is the universal currency of the worst periods. If the world is running out, bankrupt governments and etc, gold will be accepted by anyone. But gold has an end.

That is, BTC have ballast, ends, and can be used in both good and bad periods regardless of failed or failed governments.

These facts simply show that BTC is the best currency compared to gold and USD (In the case of USD, you can consider any state currency)
member
Activity: 546
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May 31, 2019, 08:55:22 PM
#40
others got turned off by bitcoin's volatility but it's actually the greatest thing about it..that's what making people money and of course also losing money.
member
Activity: 188
Merit: 17
May 31, 2019, 06:33:11 PM
#39
we only compare values.  I always say that gold is the best and not BTC.  fiat will be destroyed in the near future and BTC will disappear after the internet is gone.  so gold will last to the end.  gold not only has a nominal value but also has intrinsic value.
full member
Activity: 342
Merit: 110
May 31, 2019, 06:24:49 PM
#38
It is not about how better Bitcoin is comparing it to either USD or Gold. In my personal opinion, Bitcoin is just a digital version of money thus any kind of money used by people in this world. I see no differences in Bitcoin and physical fiat. Bitcoin is just an alternative representation of money which provide a more convenient form which gives any one the freedom to make transactions at any part of the world without difficulties.   
sr. member
Activity: 2590
Merit: 452
Enjoy 500% bonus + 70 FS
May 31, 2019, 04:36:29 PM
#37
All three are very valuable and profitable, but gold and USD bitcoins have different movements and ways.
Bitcoin can move or rise at very high prices quickly and more profitably, and gold and USD have stable price values but not like bitcoin.
but all will end in the form of money in the currency of each country to be able to use any transaction without restrictions.
hero member
Activity: 1162
Merit: 516
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legendary
Activity: 1652
Merit: 1483
May 31, 2019, 03:54:19 PM
#35
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.

aren't they all used as money? so maybe the comparison is warranted.

gold is the most recognized of all commodity monies. in fact, USD and other fiat currencies used to be backed by gold and silver. now they are just free floating currencies but they are still used as money just the same.

bitcoin's properties make it an ideal form of money---predictable and fully transparent supply, finality of payments---assuming it works as intended.
jr. member
Activity: 84
Merit: 2
May 31, 2019, 03:41:08 PM
#34
GOLD
- Have value and will always have
- Can be used to make jewelries, etc.
- Price more likely stable
- May used as a mode of payment
- Limited supply but still can't predict how many golds left

USD
- Worlds most recognized currency
- Can be used as a payment
- Can create more and more paper money
- Can be considered as a stable money

Bitcoin
- Online money
- Limited resources
- Anonymous transaction
- Volatile price

As you can see they have their own uses, advantages and disadvantages. They have their own uses as well and their own values, there's no need to compare them all.

Yes, it is absolutely right to not compare any of them. You've been able to catch my points. I wanted to say that Bitcoin, Gold, and USD are three different things used in different fields and their users are different and different in many areas. These three valuable resources are useful to us in different areas, so in my opinion, it is better not to compare them.
full member
Activity: 783
Merit: 100
May 31, 2019, 01:12:35 PM
#33
in terms of profit income I see if bitcoin is better than gold and USD but for security and stability gold and usd are better because bitcoin has large fluctuations and is very easy to experience increases or decreases. so it all returned to each owner
newbie
Activity: 10
Merit: 0
May 31, 2019, 01:04:11 PM
#32
I think bitcoin is not better than Gold and USD. Because
USD means United States Doller, The US Doller is the currency of the United States, it is the reserve currency in the world.
Gold would be second in this list and Bitcoin would be a third.
when it comes to investment plans, Gold would be the best option because of its longevity.
 As a speculative investment, Bitcoin would be better compared to gold and the USD.
member
Activity: 233
Merit: 50
May 31, 2019, 12:05:17 PM
#31
Gold and USD is better than to Bitcoin because now Bitcoin is not that much of value but gold and USD value is day by day increasing so I think gold and USD is more profitable
hero member
Activity: 1568
Merit: 544
May 31, 2019, 11:44:22 AM
#30
even though BTC and gold are still based on USD but that does not mean USD is better and although more expensive than USD does not mean the best BTC then even though gold is rarer than BTC and USD
It is valued against fiat but not tied to any currency.   If you equal the total amount of gold against the total bitcoin supply it is as rare
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