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Topic: Is bitcoin digital gold? - page 6. (Read 1191 times)

newbie
Activity: 93
Merit: 0
May 03, 2018, 04:52:21 PM
Bitcoin is definitely digital gold, even if it is now inferior in performance to other coins. I'm sure he will continue to grow.
jr. member
Activity: 201
Merit: 1
May 03, 2018, 04:50:03 PM
In the real world we know the name of gold and if in the digital world then Bitcoin is the Gold. Btc price is so high to make Btc much in demand to be invested. So high the expectations of people against Bitcoin make Btc likened to gold. Gold is a very valuable item as well as Bitcoin. By having Bitcoin then we will have a great chance to earn a profit.
sr. member
Activity: 686
Merit: 250
May 03, 2018, 12:28:08 PM
It can be said at the present time, Bitcoin storage as gold storage is not reasonable! Bitcoin may lose value at any time, unlike precious metals
newbie
Activity: 168
Merit: 0
May 03, 2018, 12:09:16 PM
This is like trying to find similarity between fruits and rootcrops, very different but somehow share similarities.
Like prices could drop or fluctuate vigorously with bitcoin, but with gold pretty stable and you are sure of your security with regards to price.



I think gold has been used as an investment safer for centuries and it's free of the nature of volatile high not owned bitcoin. bitcoin termed as gold digital because of its value has increased rapidly and also because it has attracted more investors gold.
full member
Activity: 326
Merit: 104
Santa Coin
May 03, 2018, 11:57:47 AM
In every way shape or form it is digital gold and adding to the properties of gold, it is divisible into 100 million parts. That alone is more powerful than gold, the only question is whether Bitcoin will catch on worldwide or not.
newbie
Activity: 140
Merit: 0
May 03, 2018, 11:36:52 AM
yes it truly is gold it is something which has turned out to be more important than gold it will be an important part of our future
newbie
Activity: 172
Merit: 0
May 03, 2018, 11:12:07 AM
I think gold was first popular since time immemorial and many people save and use gold as a saving and tool to invest but bitcoin is digital so bitcoin prices can nasik down we can also try investing in bitcoin but we also must be prepared to assume risk to invest in bitcoin but botcoin can provide a big advantage if we buy it at a low price and we sell it back when the price is high and I think bitcoin is indeed digital gold Wink
legendary
Activity: 1110
Merit: 1000
May 03, 2018, 11:06:52 AM
definitely yes ,,that bitcoin is like a gold,when we say investment gold and bitcoin are both identified as safe haven assets,and also both of them are speculative investments,but in some aspect we have also different when it come to existence,gold has great tenure than bitcoin and use more than 2,000 years ago while bitcoin will exist since january 2009.
Well for me, bitcoin can be considered as a digital gold where the importance of bitcoin today is the same as the importance of gold back at the time where people are seeking for gold to become their wealth. But at the present, gold is still seeking by people today because it is worth it to seek but bitcoin is now a new trend of investment where they wouldn't trying hard to dig the ground to find for a gold instead they were only have to acquire knowledge about bitcoin, easy right.
full member
Activity: 379
Merit: 100
May 03, 2018, 11:06:36 AM
BTC is revolution type of money, digital online money, that could to allow you to buy something on web, or will make a good investment
jr. member
Activity: 224
Merit: 8
May 03, 2018, 11:02:48 AM
Yeah more likely a gold but function digitally so i guess you are correct on the description of bitcoin. Bitcoin is more on like a digital gold. I never thought this way until i read this thread though there is a little bit difference between and digital currency but still their concept is having the same. As we all know that gold increases its price as time goes by and that is also what is happening to bitcoin. But the difference is the time because bitcoin has shorter span of time in increasing its price compared to gold. Bitcoin could go higher anytime and could also go lower price in any time unlike gold that it will surely go high as time passes by.
member
Activity: 627
Merit: 14
Crypto Article Sharer!!!
May 03, 2018, 10:58:45 AM
Gold is the most acceptable and used ornament of the world. Its most attractive and cultured thing is its beauty.As the basis of activity bitcoin is more acceptable than gold.Because gold is for just show its beauty but btc perform a lot.So in activity they can't be compared but in value they are top of the popularity
So btc called digital gold.
newbie
Activity: 78
Merit: 0
May 03, 2018, 10:52:24 AM
bitcoin is not digital gold but bitcoin is a digital currency that only exists on the internet but has real value and value nyua also exceeds the real currency
newbie
Activity: 115
Merit: 0
May 03, 2018, 10:39:52 AM
definitely yes ,,that bitcoin is like a gold,when we say investment gold and bitcoin are both identified as safe haven assets,and also both of them are speculative investments,but in some aspect we have also different when it come to existence,gold has great tenure than bitcoin and use more than 2,000 years ago while bitcoin will exist since january 2009.
newbie
Activity: 29
Merit: 0
May 03, 2018, 10:37:13 AM
it is a digital gold also it can become mud anytime
hero member
Activity: 1008
Merit: 501
May 03, 2018, 10:33:09 AM
Well, at some time it was him,well,it also depends on the market,prices are falling and falling, and gold remains always the same irreplaceable.
yeah  between bitcoin and also digital gold is very different. both have only the same in investment. but in terms of risk or otherwise very contradictory
for in general bitcoin may be like digital gold version. if many people prefer physical investment in gold, then bitcoin dominates for the most used commodity for online investment. maybe that's called digital gold. although the magnitude of the risk in gold and bitcoin is very much different
hero member
Activity: 952
Merit: 500
May 03, 2018, 10:14:12 AM
Well, at some time it was him,well,it also depends on the market,prices are falling and falling, and gold remains always the same irreplaceable.
yeah  between bitcoin and also digital gold is very different. both have only the same in investment. but in terms of risk or otherwise very contradictory
full member
Activity: 322
Merit: 100
May 03, 2018, 10:03:03 AM
Well, at some time it was him,well,it also depends on the market,prices are falling and falling, and gold remains always the same irreplaceable.
member
Activity: 223
Merit: 10
May 03, 2018, 09:59:30 AM
I would say thats exactly what bitcoin will be in the future. The price is alread that high and at least always ten times higher then the second place from cryptocurrencies. And in the future, there will be more value of bitcoin. In fifty years im sure you cant pay a bitcoin because it will be more worth then hundred thousand dollars. So thats why im sure that bitcoin will be the digital gold in future. So be prepared and save one of them for the future, it will make your life much more easier!
newbie
Activity: 280
Merit: 0
May 03, 2018, 09:57:07 AM
every crypto lover treat btc is a digital gold even myself too. btc is the first and leading cryptocurrency in the world  and its value always increasing its all ready proved its demand .
member
Activity: 294
Merit: 10
W12 – Blockchain protocol
May 03, 2018, 09:31:22 AM
With the current trends that bitcoin has, it's already a mainstream that it's referred to as the new gold of the era. With its high price as gold, no wonder why people are so attracted to invest on it while others became the most advanced miners who don't use pickaxe anymore but computers already.
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