Is BTC the new gold ?

[jackjones53]

Bitcoin is the digital world of the new world. In the past, investors are now buying Bitcoin as people travel to gold mine sites and mine. Banks receive high commissions for money transfer. Cost of money transfer through block chain technology is lower.

[Keeminakar]

I can't compare these two types of investments because gold still gives me more confidence because it's been tested for centuries. But I like bitcoin as well, so I invest in it.

[Bitbitmaker]

Yes, it is a digital gold that helps us gain such a huge amount of money. It is a new gold. Yes, bitcoin will be our new gold but it doesn't mean that gold wont exist but not that like bitcoin.

[jimbo77]

It is much easier to keep bitcoins safe rather than gold which needs special conditions and a secure place. Your private keys can be stored almost anywhere as long as they are encrypted. Also, it is much easier to use Bitcoin for transactions even though the fees are high

[Sum24]

It is much easier to keep bitcoins safe rather than gold which needs special conditions and a secure place. Your private keys can be stored almost anywhere as long as they are encrypted. Also, it is much easier to use Bitcoin for transactions even though the fees are high

It is significantly less demanded to guard than bitcoin, as we can see bitcoin has a lot of wallet so you can put your bitcoin in your wallet and it will safe for long time but for gold you will have to be worry about safety all the time,. Gold needs extraordinary security. Bitcoin has very high price it is increasing more and more but as compare to bitcoin gold price is not very high,  I trust in bitcoin and I sold all my gold bar in exchange of bitcoin because I trust in bitcoin only.

[swogerino]

Bitcoin is called often the gold 2.0. It is very similar to gold , it can be used as a store of value. The good thing which is different from actual gold is that you are in charge here and it does not take a lot of space like gold and also it does not need any guard to safeguard it for you because bitcoin can be stored in your PC or hardware wallet giving you full control over it.

[hakertajniak]

No bitcoin cannot be the new gold because it is not as stable as gold. Although the percentage of ROI on bitcoin is much higher than that of gold though so they are very different.

yes same opinion. i think bitcoin is not a new gold because the bitcoin price is very volatile, unlike gold.
you can see the graph of bitcoin price and compare it with graph of gold.