Is BTC the new gold ?

[shafi alam]

bitcoin is bitcoin, gold is gold.
bitcoin is a too volatile market on the other hand gold is not much volatile like bitcon. then how people compare bitcoin with gold.

[Code of Talent]

BTC definitely has gold like characteristics and even more. The world gets digital every day. Gold should do that too.

[DexterOscar0]

It is significantly less demanding to guard bitcoins instead of gold which needs extraordinary conditions and a safe place. Your private keys can be put away anyplace as long as they are scrambled.Its not gold but its value is more on platinum but as what ive said it has its own value that you cannot compare to gold or any precious stones in the world. But if you have it, then it can make you a rich man in the next five years.

[BelieveInBTC]

Bitcoin has the chance to become new gold in terms of long term storage of value. Gold is used not only for value storing but also in electronics, jewellery and in some other exclusive products. More and more people seem to understand that storing Bitcoin is much easier and safe than Gold. You would have to buy a safe for gold or keep it in bank.

[BitcoinLoan]

bitcoin is bitcoin, gold is gold.
bitcoin is a too volatile market on the other hand gold is not much volatile like bitcon. then how people compare bitcoin with gold.

People simply believe in gold. In the end, the price of an asset is what people believe it’s worth. Many people believe that fiat currencies will eventually collapse, and that gold will reemerge as the global currency.The rise of Bitcoin as an alternative hasn’t killed it yet.

[Ozan9]

Bitcoin and Gold are not the same because the value of the gold always increasing ans you can see some drops in BTC, but you can get more profit margain with BTC.

[andylowe]

bitcoin is bitcoin, gold is gold.
bitcoin is a too volatile market on the other hand gold is not much volatile like bitcon. then how people compare bitcoin with gold.

Yes, bitcoin is bitcoin and bitcoin is gold. Bitcoin is our new gold and you must be updated about that. You must really be updated for you to know it. Bitcoin is like a gold or the perfect to say is, bitcoin is more than a gold. Because as we can see how really do bitcoin price increases very high and it can really do helpful for anybody.

[MMysterious]

Seriously I consider that statement as an idiomatic expression. During the early days everyone seeing gold is like the ultimate income or achievement. But these years gold is becoming more stable with its price. Calling btc as the new gold means btc is the new opportunity to earn income or profit.

[rtm125]

We may well read bitcoin with new gold, since the same profitable investment as gold, and even the best value far exceeds the value of this precious metal. And the price grows faster.

[coiner27]

I can't consider bitcoin as the new gold. Yes, bitcoin is a treasure but don't compare it to gold. I don't trust cryptocurrency 100%. I'm still wondering what if  bitcoin goes down until it has no value at all? Gold will remain gold, bitcoin is not infiite.

[Glutius]

Yes, bitcoin can be called a new gold. Each era has its own certain investment value. It used to be gold, stocks, etc., And now in the digital age - is bitcoin.

[ShiroThe5th]

Bitcoin is a new type of money and gold. When you say gold it means a rock that can find undrground of the earth by mining it. Bitcoin is also have a mining, so thats why bitcoin is also a gold. But it isnt came from underground. Maybe we need to use other terminology for the word mining for bitcoin. Gold has a value same also to bitcoin but gold is really different be because it has a actual representation. So i said bitcoin is not a gold.

[Keeminakar]

Yes, I think bitcoin is a real new gold. Its value is much higher than the value of gold, and the prospects for development are much more dynamic. Therefore, I choose bitcoin as an investment.

[GoodLuck2]

I Believe, Btc one day gets the sky. Btc is slowly getting popularity The day's demand is increasing.

So I think, Btc will be transformed into a new gold And make the whole world shine.

Bitcoin is already rocking the world and the whole market of conventional mode of investments have now surrendered to bitcoin. Bitcoin is already the gold of digital world. If we consider the popularity of bitcoin, it has already been used for international transactions in developed states such as Japan, USA and so on which depicts the fame of bitcoin. I am pretty sure that in the coming months, the demand of bitcoin is further going to increase making it more popular.           

[_Mikasa_]

I don’t think some currency can replace gold. Gold is physical which is easier to have assurance that it will not be lost or be hacked. And the value of gold has a definite price unlike bitcoin because the value of bitcoin is volatile.

[Jossy111]

bitcoin is not a gold, though gold has its own worth and can also be mined but bitcoin is a cryptocurency which is an internet currency trade-able, spendable, and mine-able only on internet. bitcoin has its own worth and can declared as an individual asset just like gold.

[edwardnortonn]

How many times you heard some question ?
But the time goes by and I've been wondering if it really what a BTC today really is.

As we discuss here in the forum everyday, the main reason for BTC not to be taken seriously as digital money like it was invented are:

- its fee cost for lower transaction
- delay and time of the transaction to be approved
- its price that change constantly up
- it's not designed to accept so many transactions

What do you think ?
Do you hold like you holding the gol a decade ago ?

Bitcoin has faced lots of challenges but its still the Alpha coin, the delays in transactions work against it but im sure it will overcome it with time as improvements to address this will definitely be made. The price changes are however a crypto characteristic that no one has control or influence over so its beyond BTC's control. its still however the best there is in terms of value so it might just be the new Gold.

[rhamdy]

How many times you heard some question ?
But the time goes by and I've been wondering if it really what a BTC today really is.

As we discuss here in the forum every day, the main reason for BTC not to be taken seriously as digital money like it was invented are:

- its fee cost for a lower transaction
- delay and time of the transaction to be approved
- it's the price that changes constantly up
- it's not designed to accept so many transactions

What do you think?
Do you hold like you holding the goal a decade ago?

Yes for me Bitcoin is like new Gold. Because it is unique and the price is so expensive it makes me say Bitcoin like new Gold. Unfortunately, Bitcoin is not as intangible as Gold. But it is only worth the numbers only. Although Bitcoin does not exist Bitcoin has a very expensive price and can exceed the gold overpriced.

[luxcoin]

How many times you heard some question ?
But the time goes by and I've been wondering if it really what a BTC today really is.

As we discuss here in the forum everyday, the main reason for BTC not to be taken seriously as digital money like it was invented are:

- its fee cost for lower transaction
- delay and time of the transaction to be approved
- its price that change constantly up
- it's not designed to accept so many transactions

What do you think ?
Do you hold like you holding the gol a decade ago ?

Bitcoin will never ever be as a new gold. I believe that bitcoin is an amazing thing that happened in our times and it helps many people who believe in it. And because many are embracing bitcoin it becomes more and more expensive although sometimes it dumps.
But gold is gold and there is no time from the past history up to now that it is consider as no value, in fact as time passes it becomes more and more expensive.


And the best thing about gold unlike bitcoin is no one can and want to dump it.

I'm not agree with.
If you think about gold - try to think in a disruptive way. Can everyone be able to control the market influence its price by mining ( and here yes with physical act ) and extract more ?

Do you still think big corporation do not pretty understand how the market law works? They have the best engineers due to their economical power so they can afford brilliant minds.

They do not knock to your door asking you:" can we mine some more ? Except the price to go little down in a bit "

Come on. Open your eyes: they can control whatever they want.

Same words goes oil - or I should say black gold - too.

[BrentMack]

Gold is always the new gold, no matter how valuable bitcoin gets or how much bitcoin prices rise, it will never replace gold as gold is a much more stable store of value as it always has been