Topic: Is bitcoin digital gold? - page 7. (Read 1272 times)
I believe that Bitcoin is more than Gold. If I will compare with a something from the real world I would say BTC is a Diamond.
I think bitcoin is digita currency, not gold and if very high bitcoin volume seems like it is very reasonable because bitcoin is very interested and can benefit for the owner and for those who can play trading, bitcoin is used all over the world so the volume can also be very high.
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.
off course, I think the bitcoin is digital gold, because that is more popular and famous in this generation. Bitcoin is our gold because of its higher price that is more than a gold.
No,it is not digital gold.Because gold has the molecules where as in in bitcoin 
In terms of price also it can't be consider as gold because the price of bitcoin is too volatile and the price of gold is very stable.So no properties are the same between them they why it can be consider as gold.
In terms of price also it can't be consider as gold because the price of bitcoin is too volatile and the price of gold is very stable.So no properties are the same between them they why it can be consider as gold.
The world is always in the process of evolution as proved by the digital currency started by bitcoin as the father of cryptocurrency the main topic on this forum is bitcoin is the digital gold. In my opinion it's more than a digital gold with all of it potential and limited supply.
Many believe that gold features a new contender within the style of Bitcoin.
In the digital world, investors ar preferring to take a position in Bitcoin as a secure investment. however the dimensions of the overall market is therefore tiny, that it's not even one per cent of gold’s market. Bitcoin features a market cap of $60 billion (Dh220.3 billion), and is increasing at a speedy pace each minute, whereas gold features a market cap of $7 trillion.
“People talk about Bitcoin because the new digital gold a pair of.0. Despite the actual fact that we've reached AN incomparable high, Bitcoin is barely concerning $55 billion of worldwide worth,” aforesaid BTCC chief officer police officer Lee.
In the digital world, investors ar preferring to take a position in Bitcoin as a secure investment. however the dimensions of the overall market is therefore tiny, that it's not even one per cent of gold’s market. Bitcoin features a market cap of $60 billion (Dh220.3 billion), and is increasing at a speedy pace each minute, whereas gold features a market cap of $7 trillion.
“People talk about Bitcoin because the new digital gold a pair of.0. Despite the actual fact that we've reached AN incomparable high, Bitcoin is barely concerning $55 billion of worldwide worth,” aforesaid BTCC chief officer police officer Lee.
I think you can say that bitcoin is digital gold, especially if you consider how it stands out among other cryptocurrencies, just like gold among precious metals 
Yes bitcoin is digital gold. Bitcoin give you many earnings opportunity. Have many people get reach man some days in bitcoin. Every day bitcoin price increase. So I think it is online digital gold.
Digital assets. that's the term for bitcoin. today's unnecessarily complicated investments and also promises substantial profits. but also with high risk. anyone can invest here to make a profit
Well it can really be considered to be equivalent to gold in virtual currency world by just seeing how much single bitcoin worth. The difference though is that bitcoin is decentralized but risky to invest because of its volatility. Bitcoin has been the number one coin all the time but Thiel is correct that it is possible bitcoin can be surpassed by ethereum but I guess it might happen after very long time.
I think gold is very different from bitcoin. Since the start of time, gold has been around and it's price keeps on getting higher as time passes. While bitcoin's price is very volatile and keeps on fluctuating and has no stable value. Also, in terms of usage, gold has many uses compared to bitcoin.
Bitcoin is a new digital currency that is open source,distributed,and has no central issuing authority.It is not backed by anthing physical,like gold.Yet it has been designed so that only a fixed number of bitcoins can ever be created.
The digital currency is started by Bitcoin as the father of cryptocurrency. The main topic in this forum is Bitcoin is digital gold, why because Bitcoin is rewarded every day, month and year despite the chaotic market. Many investors around the world are bussinessman, corporate celebrities. Used as a safer investment for centuries and free of high volatile properties.
Yes it is, is in a money that can we use online. Most especially on the online payments that we are doing, it can really ease our daily lives more specifically on the online billings and payments, if that so, it can also be called as digital gold because of its purpose.
Bitcoin is a brand. But over time and the growth of competition in the crypto-currency world, it may happen that there will be new brands capable of competing with BTC.
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.
The world is dependably in the procedure of advancement as demonstrated by the computerized money began by bitcoin as the father of cryptographic money the fundamental theme on this discussion is bitcoin is the computerized gold , why on the grounds that bitcoin acknowledged everyday,months and years notwithstanding of its unstable markets ,numerous financial specialists all around the world bussinessman,celebrity,companies l,singers and so on account of acknowledging an incentive from now to the following time frame if bitcoin is nothing at all why numerous speculators purchase when the bitcoin cost is dump .So bitcoin now is consider as the store of significant worth coin.
Gold cannot be rise like bitcoin price, It is a big different about bitcoin and gold. Gold total supply cannot be calculate by us and its still mine-able in the different parts in the world. And bitcoin was such a unique thing that give us a good profit. Before we got profit on gold we need to wait for a long year before we got a profit. But we can used as accessories. But bitcoin wasn't and its not digital gold for me, Bitcoin can be rise the price immediately. Its nothing.
I think Bitcoin is a digital gold. Because Bitcoin's demand and price increases, it will defeat Gold in the future. Online is the life center of Bitcoin. So, Bitcoin is a digital gold.So i love BTC.
Bitcoin and gold are both have a high value.Gold is considered as a symbol of status and it is very expensive. Elite people wear gold to show their wealth. It is also recognized as the most precious jewel on the face of Earth.
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