Is bitcoin digital gold?

[Dimon8]

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.

[1714689954]

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[inyakizuryel]

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.

[kasemin]

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.

[Ehrakeziah]

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.

[codered000]

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.

[jpespa]

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.

[avarnet]

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

[Tingtong]

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.

[nicko122]

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

[emili1020]

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.

[neerajimittal]

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.

[St4yInTh3D4rk]

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.

[yaghoniyu]

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.

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.

[$anounimus$]

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.

[Beroximos]

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.

[@Mhaiang]

With the current trends that bitcoin has, it's already a mainstream that it's referred to as the new gold of the era. With its high price as gold, no wonder why people are so attracted to invest on it while others became the most advanced miners who don't use pickaxe anymore but computers already.

[Arifulislam1010]

every crypto lover treat btc is a digital gold even myself too. btc is the first and leading cryptocurrency in the world  and its value always increasing its all ready proved its demand .

[GreenPowerRanger]

I would say thats exactly what bitcoin will be in the future. The price is alread that high and at least always ten times higher then the second place from cryptocurrencies. And in the future, there will be more value of bitcoin. In fifty years im sure you cant pay a bitcoin because it will be more worth then hundred thousand dollars. So thats why im sure that bitcoin will be the digital gold in future. So be prepared and save one of them for the future, it will make your life much more easier!

[Ankhesenamun]

Well, at some time it was him,well,it also depends on the market,prices are falling and falling, and gold remains always the same irreplaceable.

[Bitcoin_Delivery]

Well, at some time it was him,well,it also depends on the market,prices are falling and falling, and gold remains always the same irreplaceable.

yeah  between bitcoin and also digital gold is very different. both have only the same in investment. but in terms of risk or otherwise very contradictory