Topic: Is bitcoin digital gold? (Read 1272 times)
It is right Bitcoin is now every one take it like gold and hold it for long time same like gold holders are doing. so we can say it the digital gold for new generation and in my opinion now Bitcoin is more popular than gold, gold investment is more than bitcoin because world wide all govt have big reserves in gold like China,India,USA,Russia have invested in gold and when these govt's not individual investor will invest in Bitcoin then Bitcoin price will uncontrolled.
Well it can be something close to that, its the most valuable cryptocurrency at the moment and its value keeps soaring as days go by, BTC's use has continued to rise, increasing its market cap to relatively high levels keeping its prices high in the process, if it continues to develop at this rate then there will be no stopping BTC
Yes, bitcoin is a digital gold because it is very expensive or it is a crypto currency with a great value. It is like a gold that we consider as an asset because of the certain value.
Almost in the same way I think, because you can see yourself soaring enthusiasts about virtual money like Bitcoin this.
The billionaire venture capitalist is doubling down on BTC, likening the digital coin to gold’s online equal.
Thiel touts the No. 1 cryptocurrency for its size and its ability to compete with gold as a safe haven, saying at the Economic Club of New York:
“I would be long bitcoin, and neutral to skeptical of just about everything else at this point with a few possible exceptions. There will be one online equivalent to gold, and the one you’d bet on would be the biggest,” said Thiel.
But with the exception of a few digital coins, Thiel remains neutral on the rest of the cryptocurrency pack. He didn’t dismiss the possibility that bitcoin could be surpassed by Ethereum or other altcoins that prey on the leading cryptocurrency’s weaknesses, but bitcoin’s strength is in its size.
Bitcoin controls more than 40% of cryptocurrency market cap compared to almost one-fifth for Ethereum, as per Coin Market Cap data cited in CNBC.
I think the bitcoin will be very useful and more useful compared to the precious metal gold. if the precious metals gold he market prices will fall on the market and the price will go down in the market and the price will fall in the market. bitcoin is a generation of today's gold is very useful for its users, moreover can get huge profits, even can be many times the price will be much more expensive in gold. because it is now starting to use a lot of bitcoin in gold compared to precious metals may be just this opinion that I can spend Thiel touts the No. 1 cryptocurrency for its size and its ability to compete with gold as a safe haven, saying at the Economic Club of New York:
“I would be long bitcoin, and neutral to skeptical of just about everything else at this point with a few possible exceptions. There will be one online equivalent to gold, and the one you’d bet on would be the biggest,” said Thiel.
But with the exception of a few digital coins, Thiel remains neutral on the rest of the cryptocurrency pack. He didn’t dismiss the possibility that bitcoin could be surpassed by Ethereum or other altcoins that prey on the leading cryptocurrency’s weaknesses, but bitcoin’s strength is in its size.
Bitcoin controls more than 40% of cryptocurrency market cap compared to almost one-fifth for Ethereum, as per Coin Market Cap data cited in CNBC.
It is often said that bitcoin is digital gold and, this is a very true judgment. Bitcoin is an exhaustible asset, like gold.
Yes, bitcoin is a digital gold because it is very expensive or it is a crypto currency with a great value. It is like a gold that we consider as an asset because of the certain value.
Bitcoin forks, such as Bitcoin Cash, and the already-canceled Segwit2x were aimed at increasing the block size and, consequently, solving the problem of network congestion. But still, these improvements have not made the new crypto currency more popular and expensive. Why was bitcoin created? ... "Someone says that it's like digital gold. It's amazing how fast it became mainstream "
We have all different opinion about this topic, comparing bitcoin to a good as a digital gold. For me I some aspect bitcoin can be a digital gold, a precious digital curenccy that have many characteristics to earn money.
I do believe it is equivalent to gold. If only it is not so volatile it could have been gold's counterpart. The volatility of bitcoin is greater which causes the big difference between the two not considering that it is digital while the other one is physical.
I think so, because now bitcoin is less used to transfer coins, but more as a means of accumulating values, like gold in our world!
yes of course bitcoin is a digital currency like gold because bitcoin for now is the best cryptocurrency currency and can be used for all countries and can benefit from bitcoin so make the movement of trading volume of bitcoin is very big.
Being the best cryptocurrency does not constitute that it is equated to gold. They may have similar aspects but gold is indispensable. Unlike bitcoin, gold has been existing ever since time immemorial. Countries transact golds and view it as a legal process of payment. Its tangible natire and expensive price make it an investment tool for futute perspective.
Though much has been said, bitcoin cannot be a currency yet as it has to conform with the requisities.
Some countries prohibit the use of such despite having positive economic benefits.
I consider it as a digital gold that i value too much. I can see a great future and great income with the digital currency. There is a good characteristics behind this digital currency that makes it more special and so useful to all believers.
Yes, bitcoin is digital gold, the value of bitcoin is like gold.It brings us great income.Bitcoin is the new generational gold.Bitcoin is one of the biggest inventions ever. It is such a discovery that makes people's business much easier.it will make your life much more easier.Bitcoin is really great and useful for everyone.
indeed bitcoin is very useful for everyone, ranging from for transactions, then as learning, and as a tool that can for the recording of the data can not be to be changed
Yes, bitcoin is digital gold, the value of bitcoin is like gold.It brings us great income.Bitcoin is the new generational gold.Bitcoin is one of the biggest inventions ever. It is such a discovery that makes people's business much easier.it will make your life much more easier.Bitcoin is really great and useful for everyone.
I think it is more appropriate to say as a Digital mine because the mined not only gold but diamonds and coal as well, and I think Bitcoin and another Cryptocurrency are more valuable than gold and other real minerals 
Yes, bitcoin can really be called gold in the sense that it brings us great income as an investment. Although gold is more reliable, as it has been tested for centuries.
In my opinion, Bitcoin is a much more valuable asset than Gold. Gold is just a metal, the only thing that makes it worthwhile is the limited scale. So, instead of gold, there could be iron or any metal.
But, Bitcoin is one of the biggest inventions ever. It is such a discovery that makes people's business much easier and we can call it a ''NEW ERA''.
But, Bitcoin is one of the biggest inventions ever. It is such a discovery that makes people's business much easier and we can call it a ''NEW ERA''.
Yeah of course, what can be if not?
At this present time bitcoin as a store of value just as gold is also a store of value is more then gold already when you take about the Price in the stock market, bitcoin can not be compared to gold because what bitcoin offer is much more then what gold can offer. If not just as a store of value what else can gold do, what need can cold meet apart from it just being an investment and an assets but bitcoin apart from being a store of value and also an assets bitcoin is also a currency that is use for payments online and without limitations in terms of boundary restrictions. Bitcoin is the new generational gold.
To some extent, bitcoin can really be called digital gold, although it is something completely different, special. And perhaps it is not even quite correct to compare the cryptocurrency with gold, so they are different.
Jump to: