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Author Topic: Is bitcoin digital gold?  (Read 1180 times)
B4rk4d4
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April 25, 2018, 07:47:44 AM
 #141

Yes, for me it is now a digital gold. But its difference in gold is that its price is more higher than gold and also its price isn't stable.
And just like gold, it is good in terms of investments too especially in long term investment.
The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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VasiloviKola
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April 25, 2018, 07:49:01 AM
 #142

It is digital asset, which differs from gold in my opinion, as it has different system, but both are assets for investment, which one you choose depends on the purpose you have.
qwertyuiop0987654321
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April 25, 2018, 07:51:17 AM
 #143

Yes, bitcoin is digital gold, the value of bitcoin is like gold, it is also popular and many investor keep it is as a treasure. Bitcoin is also use in daily needs.

Maybe, or I could say BTC is an instant gold, value basis. Basing upon the value of the two, they are comparable. But basing upon their description, they ain't the same.
PinkFox
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April 25, 2018, 08:08:51 AM
 #144

Today bitcoins can buy anything you want. If you compare whether you can buy something for gold or diamonds, you will be faced with more obstacles, because it will simply be harder for you to do this. It can be concluded that gold and diamonds are very uninteresting because they are not accepted by stores. Therefore it is more flexible to have Bitcoin than to have gold and diamonds.
steveabrahams
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April 25, 2018, 08:14:56 AM
 #145

I think we can say that, bitcoin is a digital version of gold because the price of bitcoin that really expensive for each coin same like gold but if we compare it both gold and bitcoin, bitcoin is more riskier than gold because the price can easily pump and dumb but yes in my opinion bitcoin is digital gold.
MakeMoneyBtc
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April 25, 2018, 08:17:22 AM
Last edit: April 27, 2018, 10:11:49 PM by MakeMoneyBtc
 #146

It looks like it is but people don't consider it that way because gold is different than bitcoin. Everyone knows what gold is and how to buy it but if you go and ask random people about bitcoin I doubt more than 5% will know what it is and how it works. This also depends on the regions and what age are the persons you are asking but I talk in general.
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April 25, 2018, 08:32:46 AM
 #147

I don't think, that bitcoin is digital gold, of course.
Gold - it is another piece, bitcoin is another piese of economic.
I prefer thinking, that bitcoin is like digital USD  Cheesy

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April 25, 2018, 08:37:03 AM
 #148

Bitcoin will always rule all the altcoins because altcoins' exchange rate will always be related to bitcoin exchange rate.

Since most of the altcoins don't have really strong support on exchanges – by that I mean they cannot be traded directly to other altcoins – it is difficult to say that one altcoins will be powerful enough to displace the King of Crypto – Bitcoin.

I hope though, that bitcoin dominance will still decrease since more money will be distributed among new blockchain projects with their own cryptocurrencies listed on exchanges.
upekhaanthony
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April 25, 2018, 09:44:48 AM
 #149

Yes, of course, Bitcoin is modern gold. Price of the bitcoin increase faster than gold but with fluctuations. very limited supply make bitcoin more valuable. Get some bitcoin and store it for future. It will the best investment for entire life.

richan
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April 25, 2018, 10:35:31 AM
 #150

Bitcoins is a digital gold because it possesses the characteristics of a traditional gold. As normal gold is an asset that increases or decreases in price base on world demand and supply. So is bitcoins. Bitcoins however fluctuate in price higher than gold. The risk /reward ratio of bitcoin is much higher too than bitcoin.
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April 25, 2018, 10:38:16 AM
 #151

BITCOIN Is a diamond in digital world  Smiley Smiley
zelenkova
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April 25, 2018, 10:53:42 AM
 #152

To some extent, yes, I can agree that bitcoin is really digital gold, because bitcoin is a leader in the digital market
Impros88
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May 01, 2018, 10:10:54 AM
 #153

I think yes, btc is a digital gold equivalent, that's more popular and famous in this generation. Bitcoin is our gold because of it has price that even more than a gold
speedboy07
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May 01, 2018, 10:28:55 AM
 #154

Of course, Bitcoin is Digital Gold. Because bitcoin's value is much more than Gold. Bitcoin has become very popular nowadays. Bitcoin has now become the most valuable resource for the people.
standbay29
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May 03, 2018, 04:20:47 AM
 #155

depends on the way in which you use it, But still,gold has been used as a safer investment for centuries and it's free from high volatile nature which bitcoin lacks.
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May 03, 2018, 04:36:53 AM
 #156

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.
rony01941
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May 03, 2018, 04:41:00 AM
 #157

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.

SabrinaBianka
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May 03, 2018, 04:44:59 AM
 #158

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.
Chaelbrin
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May 03, 2018, 04:49:46 AM
 #159

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.
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May 03, 2018, 05:04:52 AM
 #160

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.

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