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Topic: Bitcoin the new gold - page 4. (Read 6274 times)

full member
Activity: 546
Merit: 100
October 15, 2017, 01:19:41 PM
Everything which is precious and important to us we can say it gold or diamond. As in the context of bitcoin it is also valuable currency and it is famous all over the world. So it can be said that it is the new gold. As we see that gold is accepted everywhere and it can be kept as mortgage in banks the same can be said for bitcoin it can be easily transferred into every currency.
hero member
Activity: 728
Merit: 502
October 15, 2017, 12:30:15 PM
Bitcoin is called digital gold with reason, but it's not good to compa at e it with physical gold. But they have one thing common they are both mined.

Many are calling it now as the new digital gold and I preferred to call it that way before even I don't read people calling it here it's a new gold of the modern age. I agree with ya mate, we don't have to compare the real gold to bitcoin as they are in totally different stage of investment. Gold is a legend and many will still look at it as one of the best investment but for us who are into crypto's we can't deny that bitcoin is the best.
There is no doubt that bit coin is the best but the problem is this that real gold is available in every corner of the world and almost every person has the knowledge of it value while bit coin is valuable than gold and profitable than gold but it is not familiar in the common People Specially in these people who have no knowledge of internet.  So bit coin can be valuable than gold but socially it has no comparison with gold.

Gold is the most popular investment so wherever you go in this world when you mention gold they will be aware about it. The reality about bitcoin is this isn't mass adopted so don't expect that there's a lot of people that know bitcoin as of now but there will be the time that bitcoin will be reaching every people and there's a lot of community and society that will talk about bitcoin all of the time.
The people like you are trusting the gold and the bitcoin at the same time but I would like to say that the price of the bitcoin is now very high as compare to the gold, the use of the gold is now increasing and the bitcoin is also being a part of it, the value will be more high when the investors of the gold will turn toward the bitcoin and will invest the high amount in the bitcoin so the circle of the bitcoin will be wider.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
October 14, 2017, 07:20:24 AM
Bitcoin is called digital gold with reason, but it's not good to compa at e it with physical gold. But they have one thing common they are both mined.

Many are calling it now as the new digital gold and I preferred to call it that way before even I don't read people calling it here it's a new gold of the modern age. I agree with ya mate, we don't have to compare the real gold to bitcoin as they are in totally different stage of investment. Gold is a legend and many will still look at it as one of the best investment but for us who are into crypto's we can't deny that bitcoin is the best.
There is no doubt that bit coin is the best but the problem is this that real gold is available in every corner of the world and almost every person has the knowledge of it value while bit coin is valuable than gold and profitable than gold but it is not familiar in the common People Specially in these people who have no knowledge of internet.  So bit coin can be valuable than gold but socially it has no comparison with gold.

Gold is the most popular investment so wherever you go in this world when you mention gold they will be aware about it. The reality about bitcoin is this isn't mass adopted so don't expect that there's a lot of people that know bitcoin as of now but there will be the time that bitcoin will be reaching every people and there's a lot of community and society that will talk about bitcoin all of the time.
full member
Activity: 196
Merit: 100
October 13, 2017, 05:52:04 PM
I seriously doubt that altcoins will see more usage than Bitcoin in the future. Bitcoin has the best developer resources and the greatest acceptance as a method of payment in the real world. Most altcoins are only traded for Bitcoin and have no real market of their own.

Altcoins are a testing ground for new features. The best may be integrated into Bitcoin later. Besides that, there's a lot of innovation happening in Bitcoin development.

I do agree that Bitcoin had a first-mover advantage. But it wouldn't be the most dominant cryptocurrency today without the hard work and improvements done by Core developers.

I believe AltCoins are an escape valve, from the utility point of view, when Bitcoin network is overloaded of transactions people use AltCoins to move their money for cheaper fees and quickly. And from the speculation point of view they are useful currencies to trade and make profit online.

Bitcoin is the gold of virtual world and the AltCoins are the other ores (Litecoin = Silver, DogeCoin = Bronze).  Cheesy

Bitcoin price has been surging these days doesn't make it into a new digitized version of gold on the country it has surpassed the value of international commodities and assets and it is all new brand in its own. And Bitcoin become alternative tool if take places of gold. Since the price is increasing day by day
hero member
Activity: 798
Merit: 501
October 13, 2017, 05:34:29 PM
Why call it as gold if it can be more than that. Gold is old shit and it's not much valuable if you compare it with bitcoin itself. Bitcoin has surpassed the value of international commodities and assets and it is all new brand in its own. The crypto currencies are wrongly interpreted and compared with asset like gold. They both have different market and also way of working. They are used in complete different way and are also monetised in different aspects. I hope that makes sense. So bitcoin is not new gold but it is itself a something brighter than that.

Bitcoin is not a gold. Bitcoin is prices change day by day so it will easy to change. But gold not to change it you using to the ticketing him self. Bitcoin is any time to change to use. Gold not change at the time. Bitcoin is the give more information about the business investing. You will arrive in the bitcoin any time. Gold is used only for the function or festivals. Not mostly use the gold. But bitcoin the using the future growth.

Not just that physical gold is metal, but many consider Bitcoin as digital gold, and in that sentence this is true. No matter if price variate, this is beauty in this one day you gain and next you lose this is how thing are done with bitcoin.


Bitcoin is the king as far as cryptocurrencies is concerned and probably always will be. Gold in the same way is the king in terms of precious metals and a backer of fiat currencies.

I think Bitcoin can be seen in the same way as gold as a commodity. But for tax purposes, I think I would prefer if Bitcoin was treated more like a currency rather than a commodity. Either way Bitcoin should eventually be a stable store of value that we can hold for decades just like we can with gold.
The argument of holding the bitcoin for decade just like gold is wrong because the value if gold always stable not only stable but it is always sure that in next decade its prices will be high than of today while bitcoin prices are not stable. Although its price can go more high but no one can be 100% sure.  If the rate of bitcoin is base on the interest rate in the concern country like the gold so it can be compare with gold.
full member
Activity: 1140
Merit: 103
Buzz App - Spin wheel, farm rewards
October 13, 2017, 05:31:09 PM
I am proud that bitcoin today is very precious one. If they had a gold before time well today there is bitcoin and other coin currency. It seems that they had an equal value than what we think. I am encourage to do bitcoin and tries to make more in the future. So we could trade it if we wanted to be.
hero member
Activity: 504
Merit: 500
October 13, 2017, 04:58:51 PM
Bitcoin is called digital gold with reason, but it's not good to compa at e it with physical gold. But they have one thing common they are both mined.

Many are calling it now as the new digital gold and I preferred to call it that way before even I don't read people calling it here it's a new gold of the modern age. I agree with ya mate, we don't have to compare the real gold to bitcoin as they are in totally different stage of investment. Gold is a legend and many will still look at it as one of the best investment but for us who are into crypto's we can't deny that bitcoin is the best.
There is no doubt that bit coin is the best but the problem is this that real gold is available in every corner of the world and almost every person has the knowledge of it value while bit coin is valuable than gold and profitable than gold but it is not familiar in the common People Specially in these people who have no knowledge of internet.  So bit coin can be valuable than gold but socially it has no comparison with gold.
hero member
Activity: 1008
Merit: 510
October 13, 2017, 03:20:01 PM
Why call it as gold if it can be more than that. Gold is old shit and it's not much valuable if you compare it with bitcoin itself. Bitcoin has surpassed the value of international commodities and assets and it is all new brand in its own. The crypto currencies are wrongly interpreted and compared with asset like gold. They both have different market and also way of working. They are used in complete different way and are also monetised in different aspects. I hope that makes sense. So bitcoin is not new gold but it is itself a something brighter than that.

Bitcoin is not a gold. Bitcoin is prices change day by day so it will easy to change. But gold not to change it you using to the ticketing him self. Bitcoin is any time to change to use. Gold not change at the time. Bitcoin is the give more information about the business investing. You will arrive in the bitcoin any time. Gold is used only for the function or festivals. Not mostly use the gold. But bitcoin the using the future growth.

Not just that physical gold is metal, but many consider Bitcoin as digital gold, and in that sentence this is true. No matter if price variate, this is beauty in this one day you gain and next you lose this is how thing are done with bitcoin.


Bitcoin is the king as far as cryptocurrencies is concerned and probably always will be. Gold in the same way is the king in terms of precious metals and a backer of fiat currencies.

I think Bitcoin can be seen in the same way as gold as a commodity. But for tax purposes, I think I would prefer if Bitcoin was treated more like a currency rather than a commodity. Either way Bitcoin should eventually be a stable store of value that we can hold for decades just like we can with gold.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
October 13, 2017, 03:18:27 PM
Bitcoin is called digital gold with reason, but it's not good to compa at e it with physical gold. But they have one thing common they are both mined.

Many are calling it now as the new digital gold and I preferred to call it that way before even I don't read people calling it here it's a new gold of the modern age. I agree with ya mate, we don't have to compare the real gold to bitcoin as they are in totally different stage of investment. Gold is a legend and many will still look at it as one of the best investment but for us who are into crypto's we can't deny that bitcoin is the best.
full member
Activity: 691
Merit: 100
October 13, 2017, 02:55:35 PM
It could be said that, new gold. Because, bitcoin has fantastic value right now. Even the profit potential bitcoin higher than other investments. But in my mind, still a sense worry we are complacent with value.
legendary
Activity: 1022
Merit: 1000
Blocklancer - Freelance on the Blockchain
October 13, 2017, 02:34:09 PM
Bitcoin is called digital gold with reason, but it's not good to compa at e it with physical gold. But they have one thing common they are both mined.
legendary
Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
October 09, 2017, 12:08:54 PM
Why call it as gold if it can be more than that. Gold is old shit and it's not much valuable if you compare it with bitcoin itself. Bitcoin has surpassed the value of international commodities and assets and it is all new brand in its own. The crypto currencies are wrongly interpreted and compared with asset like gold. They both have different market and also way of working. They are used in complete different way and are also monetised in different aspects. I hope that makes sense. So bitcoin is not new gold but it is itself a something brighter than that.

Bitcoin is not a gold. Bitcoin is prices change day by day so it will easy to change. But gold not to change it you using to the ticketing him self. Bitcoin is any time to change to use. Gold not change at the time. Bitcoin is the give more information about the business investing. You will arrive in the bitcoin any time. Gold is used only for the function or festivals. Not mostly use the gold. But bitcoin the using the future growth.

Not just that physical gold is metal, but many consider Bitcoin as digital gold, and in that sentence this is true. No matter if price variate, this is beauty in this one day you gain and next you lose this is how thing are done with bitcoin.
sr. member
Activity: 742
Merit: 255
CryptoTalk.Org - Get Paid for every Post!
October 09, 2017, 01:24:04 AM
Why call it as gold if it can be more than that. Gold is old shit and it's not much valuable if you compare it with bitcoin itself. Bitcoin has surpassed the value of international commodities and assets and it is all new brand in its own. The crypto currencies are wrongly interpreted and compared with asset like gold. They both have different market and also way of working. They are used in complete different way and are also monetised in different aspects. I hope that makes sense. So bitcoin is not new gold but it is itself a something brighter than that.

Bitcoin is not a gold. Bitcoin is prices change day by day so it will easy to change. But gold not to change it you using to the ticketing him self. Bitcoin is any time to change to use. Gold not change at the time. Bitcoin is the give more information about the business investing. You will arrive in the bitcoin any time. Gold is used only for the function or festivals. Not mostly use the gold. But bitcoin the using the future growth.
sr. member
Activity: 602
Merit: 259
October 02, 2017, 12:20:39 PM
Why call it as gold if it can be more than that. Gold is old shit and it's not much valuable if you compare it with bitcoin itself. Bitcoin has surpassed the value of international commodities and assets and it is all new brand in its own. The crypto currencies are wrongly interpreted and compared with asset like gold. They both have different market and also way of working. They are used in complete different way and are also monetised in different aspects. I hope that makes sense. So bitcoin is not new gold but it is itself a something brighter than that.
newbie
Activity: 7
Merit: 0
October 02, 2017, 12:11:23 PM
I think many people jump into bitcoin because they want to achieve in a while but dangerously when the bitcoin mourn
sr. member
Activity: 415
Merit: 250
September 29, 2017, 07:28:42 AM
I think it can be a new competitor for Gold. Maybe in future Bitcoin become alternative tool if take places of gold. Since the price is increasing day by day ,most of sites and hotels start accepting bitcoin as payment method with the increased popularity of bitcoins.  Bitcoin is becoming a precious item like Gold.
hero member
Activity: 518
Merit: 500
September 27, 2017, 08:21:20 AM

I would not call bitcoin a new gold, if only because how many years gold is held in price and how many bitcoins. But as an investment bitcoin is worth considering.

I agree,bitcoin is not a new gold. I think bitcoin is more than a gold. They are both considered as an investment. But one of the advantages of bitcoin is we can trade Bitcoin 24/7 with no need for a place to keep it physically. Physical gold cannot always be bought instantly, and you need to have a place to store it as it's a physical commodity.
legendary
Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
September 27, 2017, 03:47:17 AM
I like this expression because bitcoin really can be called the new gold of our days.
Yes bitcoin can be called as the gold of this time like gold its prices are also high and attracting to the investor to invest so that when that get more price one should get more profit. Bitcoin also made a lot of people rich by investing in BTC and holding it for the right time, it is more profitable than gold and it owner can enjoy its richness with sake of time.
Actually the volatility of the Bitcoin market is the main of reason makes many traders are interesting. If you compare the fluctuation price of Bitcoin to Gold, you will see Bitcoin has more opportunities make profit than Gold.
The volatility of bitcoin is the reason why people are getting into it and the gold is such a boring investment since it is not that profitable for an average investor who got a small amount to average amount of capital to invest while if you will invest in bitcoin and try to have a good timing in buying and selling bitcoin then you can easily get a good profits in a shorter period of time than holding a gold.

If you look on just profit then bitcoin is good to make some extra money cuz price is changing every day, while gold is something that is almost same price for quite some time. However they are some that consider gold much better option. Maybe main reason why people trade bitcoin cuz with small amount they can get huge rewards while with gold you cannot.

hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
September 26, 2017, 07:54:09 AM
I like this expression because bitcoin really can be called the new gold of our days.
Yes bitcoin can be called as the gold of this time like gold its prices are also high and attracting to the investor to invest so that when that get more price one should get more profit. Bitcoin also made a lot of people rich by investing in BTC and holding it for the right time, it is more profitable than gold and it owner can enjoy its richness with sake of time.
Actually the volatility of the Bitcoin market is the main of reason makes many traders are interesting. If you compare the fluctuation price of Bitcoin to Gold, you will see Bitcoin has more opportunities make profit than Gold.
The volatility of bitcoin is the reason why people are getting into it and the gold is such a boring investment since it is not that profitable for an average investor who got a small amount to average amount of capital to invest while if you will invest in bitcoin and try to have a good timing in buying and selling bitcoin then you can easily get a good profits in a shorter period of time than holding a gold.
member
Activity: 84
Merit: 100
🌟 eSports ICO: 01/11/2017 🌟
September 26, 2017, 02:22:13 AM

I would not call bitcoin a new gold, if only because how many years gold is held in price and how many bitcoins. But as an investment bitcoin is worth considering.
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