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.
Topic: Bitcoin the new gold - page 5. (Read 6274 times)
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.
I like this expression because bitcoin really can be called the new gold of our days.
Well, one bitcoin already equals to over 3 ounces of gold.. so no. Bitcoin is not the new gold, it's more than that.. it's the asset of the 21st century
That's a bullshit metric
Which people continue to repeat all over again even if they are told every now and then that gold and Bitcoin are completely different assets serving entirely different purposes. Anyway, if we make such comparisons, I can easily bring up the case of Warren Buffett's Berkshire Hathaway and its shares. That is, one Berkshire Hathaway share is worth right now 267,200 dollars which is something like 66 bitcoins at the moment. But does it mean that Bitcoin is an asset stuck in the 19th century?
Well, one bitcoin already equals to over 3 ounces of gold.. so no. Bitcoin is not the new gold, it's more than that.. it's the asset of the 21st century
The amount of Bitcoin is limited and can be said rare like as gold, and looks bitcoin is already proven to have all the same characteristics as gold, it's just the shape in digital form. Bitcoin technology is stable and will not experience degradation, nor is it possible to be made fake Bitcoin. Besides, unlike gold, we can move Bitcoin anywhere in the world in minutes, regardless of the amount of Bitcoin. That's why peoples call Bitcoin a digital gold i guess, bitcoin is a digital gold better than gold.
Bitcoin would never be able to replace gold maybe it is worth more then gold abut gold stays gold you make a golden ring or necklace but you cant make a bitcoin ring or necklace bitcoin cannot be compared with real life items it is very different that is why its called a cryptocurrency.
Bitcoin cannot be equated to gold because Bitcoin and Bitcoin alternatives can be easily created with blockchain technology. On the other hand, gold is truly finite. There is no other element that holds the same characteristics as gold. One common argument I come across is that while there are many altcoins, there is only one Bitcoin. The problem with that argument is that Bitcoin’s main differentiation is really its name, all cryptocurrencies are the same in the general sense in that the underlying technology is identical. If I mark a gold bar with an X, it doesn’t change the fact that it’s a gold bar. Similarly, a cryptocurrency by any other name is still cryptocurrency. Remember that blockchain technology allows us to create literally infinite versions of cryptocurrencies, as such, the parallel to gold doesn’t hold up.
If you ask it's because now bitcoin is the profitable investment. yes i'm agree with you, bitcoin is the new gold even though in my eyes both are different. why i can say both are different because the price of gold never rise very fast like bitcoin.
Not in respect of prices but also the way both are used, they are hell different. We need not to compare them with each other. Bitcoins are the legends of the crypto currencies whereas gold is most widely used metal. There is no doubt that bitcoins have beaten gold in the race of being more valuable. 
If you ask it's because now bitcoin is the profitable investment. yes i'm agree with you, bitcoin is the new gold even though in my eyes both are different. why i can say both are different because the price of gold never rise very fast like bitcoin.
Not in respect of prices but also the way both are used, they are hell different. We need not to compare them with each other. Bitcoins are the legends of the crypto currencies whereas gold is most widely used metal. There is no doubt that bitcoins have beaten gold in the race of being more valuable. Perhaps gold are tangible thing and produce through mining while bitcoin is a digital currency extracted also through mining ,, they are both valuable since they are globally accepted.. Bitcoin exceeded the value of gold due to its limited supply in digital world .. and the more the demand of bitcoin currency increase the value fluctuates also into 30% or upward in a very short time as well when it goes down. Never happen to Gold when it fluctuates its value if we just rely through time frame.
It was really cool but didn't understand which one are you supporting? I prefer digital gold over physical gold because of two most important reasons. First, bitcoins can be transacted to any part of the world cheaply and fast. Second, bitcoins value gain is a lot more than gold for same period of time. 
Perhaps gold are tangible thing and produce through mining while bitcoin is a digital currency extracted also through mining ,, they are both valuable since they are globally accepted.. Bitcoin exceeded the value of gold due to its limited supply in digital world .. and the more the demand of bitcoin currency increase the value fluctuates also into 30% or upward in a very short time as well when it goes down. Never happen to Gold when it fluctuates its value if we just rely through time frame.
If you ask it's because now bitcoin is the profitable investment. yes i'm agree with you, bitcoin is the new gold even though in my eyes both are different. why i can say both are different because the price of gold never rise very fast like bitcoin.
I do not agree with your opinion about bitcoin equal to gold because gold can be a reference of a country in printing money "pseudo gold" them while bitcoin can not.
Bitcoin can be called as the digitized form of Gold as both are earned by mining and there is only limited blocks of bitcoin and gold. Bitcoin is more valuable than gold in other wordd bitcoin can be as the future money, bitcoins can be transacted from any part of the world. Bitcoin is used as media of exchange of payments.
I've been analyzing all this happening with bitcoin and I'm coming to the following conclusion:
Before the most important asset was the gold in which everyone wanted and possessed, the governments were displacing gold with money a centralized asset which lost its value day by day.
Bitcoin is an asset that goes up in price for all the features that Satoshi thought and gave to it.
Today there are hundreds of altcoins and for sure there are some that are much better than bitcoin, and that these will be more used than bitcoin in the future, but bitcoin will be the king of all the new digital gold. People will use other altcoins as well, but the savings and investments will be in bitcoin, and this is for the simple reason that it was the first altcoin, and that people believed in it from its beginnings.
The bitcoin is here to stay and has created a revolution in the monetary system around the world. And we can be proud to be living the moment when this is happening.
Bitcoin is heading to $4,000 usd per coin and I am sure that the price of bitcoin in 3 years will be exponentially higher than is today.
In Bitcoin we trust, god bless you all
I agree, because same with Gold, Bitcoin is a good investment that its market value increases from time to time as well as the profit that its user will get. Both of it can be considered as an asset or as a currency. Asset because both Bitcoin and Gold has market value that increases over time, it is just that Gold has a physical value. Also, earning profit online is the new trend which is an advantage of Bitcoin because it is related to technology. Before the most important asset was the gold in which everyone wanted and possessed, the governments were displacing gold with money a centralized asset which lost its value day by day.
Bitcoin is an asset that goes up in price for all the features that Satoshi thought and gave to it.
Today there are hundreds of altcoins and for sure there are some that are much better than bitcoin, and that these will be more used than bitcoin in the future, but bitcoin will be the king of all the new digital gold. People will use other altcoins as well, but the savings and investments will be in bitcoin, and this is for the simple reason that it was the first altcoin, and that people believed in it from its beginnings.
The bitcoin is here to stay and has created a revolution in the monetary system around the world. And we can be proud to be living the moment when this is happening.
Bitcoin is heading to $4,000 usd per coin and I am sure that the price of bitcoin in 3 years will be exponentially higher than is today.
In Bitcoin we trust, god bless you all
I don't think Bitcoin and gold have anything in common when it comes to the utility part of it. Gold has gained the value due to increase in the demand as an ornament whereas Bitcoin emerged as a solution for the limitations of the traditional fiat system. Further, you can not distribute gold in denominations whereas the ability to distribute in smallest part is one of the core features of Bitcoin. Yes, the price might be fluctuating but again, we are still in developing mode whereas gold is there from centuries. It will take some time for Bitcoin to establish.
All disputes boil down to the fact the better to keep savings in bitcoins or gold. I think it should be one or the other. It's a totally different assets and they don't fight among themselves. They just complement each other. Never be greedy. You should always keep savings in different assets.
Yes bitcoin is the new gold because now a day bitcoin is a popular currency and most of people are join to this bitcoin side and earn more money than gold also many people wear be rich so quick to work this project so i think bitcoin is the new gold.
i think bitcoin is now more important and more previous than gold i think, i think that people now using bitcoin instead of gold for investment as bitcoin can certainly give you good profit in a short period of time as there is alway big fluctuation in the price of bitcoin, while gold has a very stable price and we cannot think about to get some reasonable profit form investing money in gold. There is indeed a point if you say that bitcoin is gold, which was changed to digital, because of all the advantages and also the color of the bitcoin itself has a pretty good likeness. It's just gold and also have the distinction of bitcoin manage as well as in the system. If the bitcoin is in digital and give you an advantage in the transaction, just give the gold sector profits on transactions or trading. Where the two are indeed fundamentally have different things, just that the gains obtained have in common but not all.
bitcoin is new gold, I agree with this statement, the price in a matter of days can go up to 3% and never price drop until a long time. bitcoin is a new gold for the future.
Gold is a jewelry, in contrast to Bitcoin.Bitcoin is money, and everybody is interested in money, it's like a dollar.
all hunted him and raced to get it.
It's been long debate on which is good investment among those two assets since both of them are really good one to put our money on, but we should think smarter interms of investing and if we've got huge money to put on then it would be better if we drop off on gold as well bitcoins. Gold is passive investment and bitcoins is unpredictable ones so its better to have an option to gain more in future.
Jump to: