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Topic: Is Bitcoin a Digital Gold?? - page 13. (Read 6278 times)

jr. member
Activity: 126
Merit: 1
September 30, 2018, 04:50:06 AM
absolutely right, bitcoin is a digital gold currency that we have to develop, we have to develop digital currencies, we are very lucky to have worked in the bitcoin forum, I am lucky to know very good digital currency
jr. member
Activity: 434
Merit: 1
Pozess - The Photo Sharing Fashion Marketplace Tha
September 30, 2018, 04:03:18 AM
Sure yes!  Since the world of new digital technology is not far off.  And most countries have already started using it.
copper member
Activity: 21
Merit: 0
September 30, 2018, 03:51:47 AM
i think it could be a digital coin . but in the past. what's about the future. very hard to say this thing
copper member
Activity: 34
Merit: 0
September 30, 2018, 03:43:10 AM
yes bro in my opinion i think it's a digital coin. it's popular every people around the world know it
newbie
Activity: 14
Merit: 0
September 30, 2018, 03:39:39 AM
No not at all bitcoin is a digital currency also known as digital crytocurrency . Digital gold i havent heard anywhere its something else people are imagining.
POM
sr. member
Activity: 547
Merit: 254
September 29, 2018, 11:08:18 PM
To be honest, sometimes i think its even better than gold. I really love being into crypto and btc from the day one. I like how its getting stronger day by day. And i see that people just getting more curious about it. Apparently the future is bright.
jr. member
Activity: 63
Merit: 1
September 29, 2018, 10:29:20 PM
First, like gold. Bitcoin is used as digital gold today, bitcoin is a finite resource. Only 21 million Bitcoin will ever be produced, so it’s a deflationary asset that benefits from relative scarcity. Only bitcoin is pure digital gold, all the others tend to give up some of the aspects of Bitcoin. For example, being totally decentralized and having no central control. That's the first one they have to give up to try to have a business model. Moreover, Bitcoin is an asset with a high expected return, and these assets tend to be more volatile.
full member
Activity: 368
Merit: 101
September 29, 2018, 08:30:28 AM
I am not believing on a digital gold maybe the right perspective about bitcoin is the value like a real gold it has a high value no one can replace the real gold because it is a natural resources.
hero member
Activity: 1190
Merit: 500
September 29, 2018, 04:07:59 AM
After reading a lot of posts made by people on this forum, I realized about 75% of them see Bitcoin as a digital Gold. For me, I don't think Bitcoin is a digital gold. Cryptocurrency or Bitcoin to be precise, was developed to be a safer option for transaction of goods and services and also the best mode of payment. Bitcoin was introduced to disable all the restrictions that banks and the financial system presented. A lot of people have lost huge sums of money because they saw bitcoin as a digital gold. I know others will argue that bitcoin has also made people rich but for me, I don't think it is advisable to consider Bitcoin as a digital gold. Bitcoin is a digital currency.

I think bitcoin can't be said to be digital gold, why is that? because in the gold category, fluctuating movements in prices tend to be stable, I think bitcoin is more precisely an alternative payment system besides FIAT currency.

Many think that bitcoin is only in value, but does not really understand the function of bitcoin itself.
Maybe the means not in terms of its fluctuating nature and is different from gold, but how bitcoin becomes the most sought-after/demand
commodity in online, just as gold is most in demand and used in offline investment, so some people call it digital gold..
member
Activity: 350
Merit: 10
September 29, 2018, 03:41:51 AM
I think bitcoin and digital eyes like bitcoin can be very expensive if this bticoin has a very high demand because if you don't have very high demand, bitcoin will be very difficult to get to expensive prices.
sr. member
Activity: 652
Merit: 257
September 29, 2018, 03:38:40 AM
Bitcoin is considered by many to be "Digital" Gold, in the sense that there is a limited amount in existence. The cool thing about Bitcoin is that it can be sent anonymously across the world within seconds. Gold, on the other hand, is usually stored in vaults or used in jewelry, art, and other artifacts.

Did you know that you can actually buy gold with bitcoin? Check out this guide for more information.

I would probably just invest in both. After all, it is called Gold so it will have value in just about any scenario.
member
Activity: 378
Merit: 10
EndChain - Complete Logistical Solution
September 29, 2018, 03:38:08 AM
I think yes, because Bitcoin is the same as Gold, which can be use to mining, trading and payment, therefore I agree that Bitcoin is a Digital Gold
member
Activity: 266
Merit: 10
September 29, 2018, 03:12:03 AM
Actually according to my point of view you are most probably correct. When we look for the market cap of the bitcoin would never be surpassed by anotger coin and people are trying to collect more and more bitcoin according to their capability. So i think not only individual people but also the governments and the banks may try to store bitcoin as much as they can . So, yes i think that bitcoin is the gold of cryptocurrency.
full member
Activity: 381
Merit: 101
September 29, 2018, 02:29:23 AM
In my opinion, Bitcoin can be said to be as Digital Gold. This is because bitcoin prices are so expensive as gold prices. The second reason is that many people are interested in bitcoin and are willing to invest in bitcoin because it is the free money available through the internet.Other that than is bitcoins can be stored or hold in the wallet even for a long terms. However, the security of the wallet password should be well maintained so as not to fall into someone else to prevent the account from being hacked.
sr. member
Activity: 686
Merit: 250
September 29, 2018, 02:21:31 AM
Bitcoin is very valuable at this times, It can be considered valuable assets on the Internet! Gold of Technology 4.0.
copper member
Activity: 20
Merit: 0
September 29, 2018, 02:14:09 AM
i don't think bitcoin is substitute as gold.Because it is can not replace gold as the asset.
sr. member
Activity: 882
Merit: 252
September 29, 2018, 02:10:21 AM
I think bitcoin is not digital gold. It is digital currency. Many people compare it with gold. Price of gold is stable but bitcoin price is not stable. Gold is a thing otherwise bitcoin is digit in computer.
I agree that don't compare bitcoin with gold because it's very different. which must be known bitcoin can make multiple profits but can lose too
sr. member
Activity: 784
Merit: 314
September 29, 2018, 02:02:02 AM
After reading a lot of posts made by people on this forum, I realized about 75% of them see Bitcoin as a digital Gold. For me, I don't think Bitcoin is a digital gold. Cryptocurrency or Bitcoin to be precise, was developed to be a safer option for transaction of goods and services and also the best mode of payment. Bitcoin was introduced to disable all the restrictions that banks and the financial system presented. A lot of people have lost huge sums of money because they saw bitcoin as a digital gold. I know others will argue that bitcoin has also made people rich but for me, I don't think it is advisable to consider Bitcoin as a digital gold. Bitcoin is a digital currency.

I think bitcoin can't be said to be digital gold, why is that? because in the gold category, fluctuating movements in prices tend to be stable, I think bitcoin is more precisely an alternative payment system besides FIAT currency.

Many think that bitcoin is only in value, but does not really understand the function of bitcoin itself.
jr. member
Activity: 84
Merit: 1
September 29, 2018, 01:42:49 AM
Yes, of course, Bitcoin can be called digital gold. Its quantity is limited, and each time it becomes more difficult to obtain. This is the value and significance of Bitcoin for the entire globe.
jr. member
Activity: 179
Merit: 1
September 28, 2018, 05:24:24 PM
yes bitcoin may be a digital gold bitcoin gold is like expensive bitcoin gold. When its price increases. So I bet bitcoin that a digital gold.
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