Bitcoin is like Gold in the internet, it has a high value, and it is a limited supply like Gold and it also can be mined just like Gold. It is very useful by the help of blockchain technology, can even sent around the world to anyone It is great than Gold. 
Topic: Is bitcoin digital gold? - page 13. (Read 1272 times)
That's very interesting Bitcoin is like Gold in the internet, it has a high value, and it is a limited supply like Gold and it also can be mined just like Gold. It is very useful by the help of blockchain technology, can even sent around the world to anyone It is great than Gold.
Bitcoin is like Gold in the internet, it has a high value, and it is a limited supply like Gold and it also can be mined just like Gold. It is very useful by the help of blockchain technology, can even sent around the world to anyone It is great than Gold.
Some people are pretend bitcoin as gold, but it's totally different. Although both have in common in terms of characteristics but gold has intrinsic value unlike bitcoin. Bitcoin is only used for profit, it is good for speculative investors.
Yeah i think bitcoin is digital gold and I think bitcoin is the first digital cryptocurrency gold. Bitcoin is a digital cryptocurrency gold because of all the coin only bitcoin has the high value in the market. bitcoin is always king in the world of cryptocurrency . so i think bitcoin is digital gold .
I do not agree with this view.
Bitcoin will never be as valuable as gold. Gold is a precious metal. The world gave us something. Bitcoin is completely human production. My opinion gold will always be valuable.
Bitcoin will never be as valuable as gold. Gold is a precious metal. The world gave us something. Bitcoin is completely human production. My opinion gold will always be valuable.
Yes! I agree it's the right, bitcoin is digital gold but its the not real gold.I think bitcoin is digital cryptocurrency gold.it's the very interest and amazing technology.bitcoin some poor people life in gold, because bitcoin people life change,I'm don't believe bitcoin,now I'm believe it,bitcoin from earn money.I'm so happy and it's my digital gold.
Yes ! Bitcoin is built on an amazing technology. There's a limited supply of it, people are trusting it," h "Remember, this whole revolution came out of a breakdown in trust, it came out of the 'financial crisis where people say, 'We no longer trust financial institutions, we no longer trust governments. Above all we can say that Bitcoin is Digital Gold.
Bitcoin is the digital gold, although it cannot replace the real gold, but in cryptocurrency, it is the 1st successful coin and it is hardly to replace by other altcoin. Thus it is a gold in cryptocurrency.
Can be described like that. But the difference is that the price of gold is more stable and even very stable because 90% of the world's population probably knows that gold is a valuable item.
However, bitcoin may only be 20% only knowing and acknowledging that bitcoin is valuable. And this is why it took a long time for Bitcoin to achieve the stability of prices owned by gold
However, bitcoin may only be 20% only knowing and acknowledging that bitcoin is valuable. And this is why it took a long time for Bitcoin to achieve the stability of prices owned by gold
yes,bitcoin can be considered as digital gold.Unlike gold is an asset which can be used for buying our necessities but bitcoin is not available everywhere to buy our needs. ;)Gold is being used for about 100 years but bitcoin is just about 10-12 years old.
Conclusion-gold and bitcoin has some similarity but both are different.BUT bitcoin can be considered as bitcoin gold.
Conclusion-gold and bitcoin has some similarity but both are different.BUT bitcoin can be considered as bitcoin gold.
Bitcoin is termed as digital gold as its value has increased tremendously and also as it has attracted more gold investors.But still,gold has been used as a safer investment for centuries and it's free from high volatile nature which bitcoin lacks.
Yeah, I agree. There are similarities between Bitcoin and Gold. Bitcoin has a limit of production of about 21 million and Gold is a non-renewable resources. Gold served as currency many many years ago, used in trading, payments for services and etc. as Bitcoin does today. And I thing, Bitcoin is equivalent to Gold in the cryptocurrency and may named "DIGITAL GOLD" simply because of its precious value, popularity and being at the top of all currencies.
It is not very correct decision to focus on venture capitalists. These are the most cunning scammers in the world))
Popular maybe but far from digital gold simply because of some other technically more advanced coins. I will mention some of them with better technology behind: litecoin, dash, ethereum, monero as well.
Yes Bitcoin is a popular digital gold now in many countries talking about bitcoin, about its positive impact and its negative impact. Some countries accept bitcoin and there are also some countries that reject it
As for value concern yes bitcoin is a digital gold but in application both are different.
Both differs in many terms bitcoin and gold are two completely different entities and cannot be compared with each other as bitcoin is very volatile and can be highly profitable on the other hand gold is very reliable but less profitable and bitcoin has to be very stable to.be considered as online gold.
As for value concern yes bitcoin is a digital gold but in application both are different.
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.
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.
At present BTC is still criptocurrency#1 and therefore is considered as "digital gold". It is like gold in fiat world (gold also was 1st currency a lot of years ago)
Bitcoin is far closer to gold. It is a digital equivalent of gold. Bitcoin’s supply is strictly limited. There will only ever be 21 million bitcoins. And the code that controls the issuing of the bitcoins is decentralized among thousands, tens of thousands of nodes that operate the bitcoin software. And if it were to change, it would need the majority agreement of everybody involved. Since everybody involved has an interest in maintaining the monetary policy in a way that maintains the value of the money, it is highly unlikely that we’re going to witness any change in the monetary policy. Even technical changes, like changing the block size or various parameters, have been almost impossible to make in bitcoin.
the safest way. I suggest that you use a hardware purse. You can buy it in the market. Examples of some are Trezor or the Ledger nano. I myself have Ledger nano. I would definitely recommend it to you. This is probably the safest method if you are careful when handling it. If you lose your hardware wallet or break it, your Bitcoin is most likely missing. So in a nutshell you save the key on a Ledger or paper wallet, etc. and then use a known expenditure key to create a transaction and sign it. Bitcoin is much more valuable than gold. Gold is mine without a definite supply. Which means more and more gold miners, More gold will be available in the market. Bitcoin is different, it has a fixed amount of 21 million and no more after that. Bitcoin is not a digital gold but rather a huge wealth store that allows one to instantly transfer
For now we can say bitcoin is a digital gold because of all the coin only bitcoin has the high value in the market. No such coin surpass bitcoin for the past years.
I do not agree with this idea.
Bitcoin will never be as valuable as gold.
In other comments I said something like this.
Gold is not human production, bitcoin is completely human production.
Bitcoin will never be as valuable as gold.
In other comments I said something like this.
Gold is not human production, bitcoin is completely human production.
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