I think bitcoin is a digital currency that can be traded freely. many people think bitcoin is a substitute for gold in the future, but gold is still gold. with bitcoin we can make transactions such as sending money out of the country freely.
Yeah and there are many functions that bitcoin could be incorporate with for the business and to other areas where bitcoin could be use. Actually the one who made the thread made some confusions on why he thinks that bitcoin is a digital gold where in fact there is no such thing as digital gold. He just made those things up and then made his opinion that he made. 
Topic: Is Bitcoin a Digital Gold?? - page 32. (Read 6311 times)
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.
Bitcoin is a digital gold and not currency because bitcoin still lack some features of a currency but have a many characteristics to be gold. Bitcoin is the application on Blockchain to be successful and trusted
So far as the word "digital currency is concerned, nothing comes close to bitcoin. So bitcoin is definitely a digital gold. Gold itself is worth much lower than bitcoin. This fact alone answer's your question!
Its actually very difficult to say that bitcoin is a digital gold or not because it make many people rich on the darker side make poor also.Its actually a thing which was introduced for a particular reason but use for an other reason(design to use as a currency and become investment market).The bitcoin is now become an investment market as well a mode of transactions but to use it as a investment people must have a knowledge of any investment market because every investment market is a place of risk a person can get a huge profit or sometime nothing.Moreover the use of bitcoin as a currency is quite easy.
To be honest one can say bitcoin is the digital gold. Its just a "little bit" more volatile then gold. Its the way you look at it. If you store it for a long time it kinda acts the same as if you store cash for gold, but in this cryptomarket its unscertain how much of your investment will come back to you. you can end up with the same amount or a lot less (or more ofc 
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) Bitcoin can atually be termed a digital gold due to the amount of value attatched to it. What gives gold its importance is the value attatched to it and bitcoin posses such if not more so i dont think anyone will be wrong to call it a digital gold but we all need to be wise when investing in bitcoin.
I think this is virtual money that is completely intangible and stored online. Like ordinary currencies, it can be used to buy items electronically, functioning in a manner comparable to conventional dollar, euro or yen denominations, which are also traded digitally.
I think just like you. Bitcoin is not like gold. This is a digital asset and functions as a payment method.
Sure, you could compare it, but the thing that worries me with bitcoin is what if another digital gold comes along, maybe digital platinum, or digital diamonds and so forth. I think bitcoin needs to be more than just a digital asset and I think it is with it being both a currency and a payment system and that's where its true value lies.
People aren't saying they're the same. They're comparing bitcoin to a *digital* version of gold, which there are many similarities,
gold and btc are clearly different, how can anyone think btc is digital gold, indeed what I know and I see many stories of people who are suddenly rich because of btc, but that is true, with them investing with btc they get big profits but that is not the reason for making btc the same as digital gold, if you hear someone who loses his money in BTc, I know for sure that the person is not patient enough and always wants everything instantly even though the name of the investment requires time, patience in waiting is the key, especially in the market the bad now is very unlikely to get a lot of profit in a short period of time
People aren't saying they're the same. They're comparing bitcoin to a *digital* version of gold, which there are many similarities,
Bitcoin is gold in the digital world because bitcoin has high value. And because bitcoin is the highest value, bitcoin is very good as a currency and also a good investment.
In my opinion, bitcoin already deserves to be digital gold. Because bitcoin is a good investment tool, many investors have invested in bitcoin.
Bitcoin can atually be termed a digital gold due to the amount of value attatched to it. What gives gold its importance is the value attatched to it and bitcoin posses such if not more so i dont think anyone will be wrong to call it a digital gold but we all need to be wise when investing in bitcoin.
I think this is virtual money that is completely intangible and stored online. Like ordinary currencies, it can be used to buy items electronically, functioning in a manner comparable to conventional dollar, euro or yen denominations, which are also traded digitally.
I think just like you. Bitcoin is not like gold. This is a digital asset and functions as a payment method.
Bitcoin is a digital gold because like gold when ever we hold it we get more and more profit though some time the value fall but it is only for limited times.
gold and btc are clearly different, how can anyone think btc is digital gold, indeed what I know and I see many stories of people who are suddenly rich because of btc, but that is true, with them investing with btc they get big profits but that is not the reason for making btc the same as digital gold, if you hear someone who loses his money in BTc, I know for sure that the person is not patient enough and always wants everything instantly even though the name of the investment requires time, patience in waiting is the key, especially in the market the bad now is very unlikely to get a lot of profit in a short period of time
It is not wrong to analogize Bitcoin as gold in digital form. Because to get it, you have to "mine it" first. The trick is to solve mathematical problems that involve a series of complicated algorithm calculations on the computer.
Most of the people invests in the Gold becoz its prises varies from day to day and like that Bitcoin gave the endless price hikes to its investors and even in future it may be determine as digital gold.
Gold has become a measure of value and a repository of value due to the fact that it is fairly stable in price and against the background of the depreciation of the usual currencies, its rate is gradually growing. Bitcoin can not be digital gold, because it constantly changes its value. Therefore, it can not be a reliable repository of value. When he was constantly growing in price every year, people were euphoric about this. When bitcoin ceases to increase substantially in price, then it will stop comparing it with digital gold.
I think that it can be called the digital gold because it is the best one in the market today and it is really valuable. to my mind, choosing it is a good idea if you want to become rich in the nearest future
The definition of BTC can vary but I would say that BTC is actually a digital gold and as much as some people disagree, I don’t think so, I think it is digital gold.
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.
People consider Bitcoin as a store of value, that is the reason that they continue to hold it in the hope that the price will triple from the price they've bought, each one of us have different views on our Bitcoin, but as long as we believe in it and believe in the technology behind it, I don't see any conflict among us
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.
Yes, im totally agree with your opinion, because to be honest i think we can't equated bitcoin with gold, or saying that bitcoin is a digital gold. Gold and bitcoin is completely different. So, i think it will be better if we stay to make them different.
Yeah sure,within the crypto world bitcoin is digital gold,the real gold though ain't digital you know
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