I'm more and more convinced that bitcoin is nor digital gold, and certainly not digital cash, but is rather like a digital naked derivative speculative asset.
Topic: Is Bitcoin digital gold or digital cash? - page 18. (Read 12063 times)
BTC is a combination of these two phenomena. This is a coin and payment system. But now I use more bitcoin for investment. I buy bitcoins and just hold them, then to sell more expensive
Yes bitcoin is a combination because you can use it to buy things and pay bills online or you can hold it just like gold that just after a year you can get at least doubled profit from your investment which is good for people who are tired of risky investments that are available in the market unlike in bitcoin that they can have a peace of mind and up to 90% assurance that they will get profit if they just have patience and keep their coins for long term. 
BTC is a combination of these two phenomena. This is a coin and payment system. But now I use more bitcoin for investment. I buy bitcoins and just hold them, then to sell more expensive
It can be called digital gold. Gold value changes over time, so is the bitcoin. Its more than just virtual currency. It gives us opportunities to earn more and different ways. In the near future, I don't see any obstacles, which can harm its value. But not sure about long term like 50 or 100 years.
There is digital gold currency or DGC or e-gold which is somewhat equivalent to digital cash. On the other hand bitcoin ain't digital gold, but digital cash. Compared to bitcoin, digital gold definitely has much more stability. But as digital cash, bitcoin outweighs DGC because apart from being an investment it cannot be used for wider purposes.
its great analogy, i think, its more like virtual gold .
Bitcoin is supposed to do both but at the moment bitcoin is behaving a lot closer to gold than to cash, also bitcoin has a big weakness compared to cash it is not truly anonymous and that hurts it is usage since if you want to be anonymous you need to use tumbling services.
Cash is anonymous only in p2p environment. So you are going to tell me that you are not using any 3rd party service to process your fiat payments?You don't have a bank account, you receive your wage directly from your employer in cash form, and no one keeps tabs how much you earn?
Bitcoin was pseudonymous at best, if you want full privacy there are better altcoins (Zcash, Monero) dedicated to keep your payments confidential.
After years, when bitcoin will be having stable prices, it may turn as pure digital cash. In between times, we will be having users who will be using bitcoins as both digital cash and digital gold.
Both bitcoin is a digital gold because you can also mine bitcoin like a gold and that's were the production of bitcoin come from and that where the bitcoin could exist created in mining also bitcoin is also a digital cash as we all know bitcoin is a digital currency so bitcoin is treated like a money but many store dont accept bitcoin yet.
Recently by the starting of the year made an investment on gold with the same amount nearing to the value of single bitcoin. Now I think if Ihave made the same investment on bitcoin I could have got a 20% profit in a very short time which can never got through any form of investment or buying and holding.
That is a wrong move for you, If you are planning to invest again on a certain stock like gold, make sure that you ask yourself first if what you want, a long and safe investment or a short but volatile and high possibility of profit. Then after you answer that then you can easily choose between those two and you will not regret your possible decision.
If it cant solve its scalability in the future then it will become like gold
Recently by the starting of the year made an investment on gold with the same amount nearing to the value of single bitcoin. Now I think if Ihave made the same investment on bitcoin I could have got a 20% profit in a very short time which can never got through any form of investment or buying and holding.
Bitcoin is supposed to do both but at the moment bitcoin is behaving a lot closer to gold than to cash, also bitcoin has a big weakness compared to cash it is not truly anonymous . Bitcoin was pseudonymous at best, if you want full privacy there are better altcoins (Zcash, Monero) dedicated to keep your payments confidential.
At first,bitcoin was used only as a digital currency.Then its value started rising and people found it as an asset instead to invest in a long term basis. In the mean time,bitcoin can be used to buy any products or services and hence it could be also called as Digital cash. bitcoin it's like gold that was turned to cash and can be used far more easily than carrying gold around, the similarity is also very obvious,
Bitcoin is both digital gold as well as Digital currency. One thing that makes it better than the digital gold or digital cash is it's evolution within the system or technology unlike the commodity value. The value has now getting closer to gold and soon it would cross it growing big.
Bitcoin it is better than gold, while gold can be carried in big quantities with ease you will need to be very lucky to be able to move big quantities of gold over boarders but this is not a problem with bitcoin, you can move huge quantities of it in an USB. 
Why not both ? S payment system and an asset. An asset because it's like gold and goes up in value. Unlike good a currency too. That can be used to directly ourchase things. Bitcoin is so much more then merely a currency and asset.
I agree that. Bitcoin can be both money and investment. It is a good place for investors to keep there money and save it and wait for the price to go up. There is no inflation in Bitcoin and I can guarantee that the prices will always go up
it will always remain both or it would no longer be bitcoin. you can use it as a currency as it was supposed to from the day it was created, but since it is unique and it is secure and also there is a very limited supply it becomes a good investment too, now bitcoin price it rise up
Bitcoin can be termed as an digital asset as well as an digital cash and the beauty of bitcoin is that you can term according to your choice as you can either store you assets in bitcoin or can be used as a digital currency where you can use it as a payment network to send without much hurdle.
Why not both ? S payment system and an asset. An asset because it's like gold and goes up in value. Unlike good a currency too. That can be used to directly ourchase things. Bitcoin is so much more then merely a currency and asset.
yes that is right that bitcoin has both the characteristic. as in some places where the facilities of bitcoin to be use as currency in local shops is available, there bitcoin is a digital cash, in in such area where people are using bitcoin for investment purpose there bitcoin is just like a gold but the different is that bitcoin has more potential to increase as compare to gold.
Both probably, it has granularity like cash and it's decentralized like gold
Bitcoin is both digital gold as well as Digital currency. One thing that makes it better than the digital gold or digital cash is it's evolution within the system or technology unlike the commodity value. The value has now getting closer to gold and soon it would cross it growing big.
Exactly once. Bitcoin and gold also have differences on the level of use or profit levels obtained. Gold has always had a stable growth and also the advantages are also quite stable so to can benefit greatly need quite a long time. Unlike the bitcoin where at will have tremendous possibilities.When a person already know well bitcoin, then I am sure when they make investments accounting for or already full with ripe then luck or great profit will always be obtained
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