Altf4
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August 11, 2018, 07:50:13 AM |
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Bitcoin can be compare to a digital Gold because bitcoin has also a value not just a littlevalue but a huge value ,which can be compared to gold with high value, so it is in digital value it can be called as digital gold and an digital asset which is in the digital world circulating.
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"Your bitcoin is secured in a way that is physically impossible for others to access, no matter for what reason, no matter how good the excuse, no matter a majority of miners, no matter what." -- Greg Maxwell
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Gurjasmeet
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August 11, 2018, 08:38:53 AM |
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I think bitcoin is not digital gold but we can concede red as the same. because bitcoin is also expensive just like gold.bitcoin price will be increase in future. another word we can say bitcoin is digital assets l think so.
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asadbd1
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August 21, 2018, 04:15:16 AM |
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Yes Bitcoin can be called gold. But Bitcoin is not gold.Gold and bitcoin two different things. gold is a precious metal and bitcoin is a digital currency. gold and bitcoin are worth a lot. Bitcoin is much safer.
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renc77
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August 21, 2018, 05:04:38 AM |
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After reading a lot of posts made by people on this forum, I realized about 75% of them see Bitcoin as a digital Gold. For me, I don't think Bitcoin is a digital gold. Cryptocurrency or Bitcoin to be precise, was developed to be a safer option for transaction of goods and services and also the best mode of payment. Bitcoin was introduced to disable all the restrictions that banks and the financial system presented. A lot of people have lost huge sums of money because they saw bitcoin as a digital gold. I know others will argue that bitcoin has also made people rich but for me, I don't think it is advisable to consider Bitcoin as a digital gold. Bitcoin is a digital currency.
Indeed Bitcoin is a digital currency. It becomes being a Gold when someone took a risky business like investing the person’s asset and raise to its maximum value. Also it considered as Gold, when someone has enough dedication of working to produce and acquire Bitcoin. It is a Gold for a country who uses Bitcoin to eliminate unemployment to contribute for the economic growth Therefore, for me, every positive outcome of the procedures of Bitcoin will define to a word Gold and treasure  |
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Kasliono
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August 21, 2018, 05:08:28 AM |
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After reading a lot of posts made by people on this forum, I realized about 75% of them see Bitcoin as a digital Gold. For me, I don't think Bitcoin is a digital gold. Cryptocurrency or Bitcoin to be precise, was developed to be a safer option for transaction of goods and services and also the best mode of payment. Bitcoin was introduced to disable all the restrictions that banks and the financial system presented. A lot of people have lost huge sums of money because they saw bitcoin as a digital gold. I know others will argue that bitcoin has also made people rich but for me, I don't think it is advisable to consider Bitcoin as a digital gold. Bitcoin is a digital currency.
In my opinion, bitcoin is not a digital gold, how could you make the gold into digital thing? Can you make a digital gold become a ring or something? Gold and digital stuff is a very different thing. Bitcoin is a world digital currency with decentralized system. So, there is no one will manipulate the prices |
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Cryptotissue
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August 21, 2018, 05:18:55 AM |
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Well for me i don't see bitcoin as a digital gold. I believe the reason for this misconception is the sudden increase in the market price of bitcoin to $20k in the year 2017. Such increase made people to look at bitcoin as an asset and a digital gold. Bitcoin is a digital currency not a digital gold in my opinion.
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bitfocus
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August 21, 2018, 06:20:38 AM |
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no, Bitcoin is a P2P currency that no government can trace or track or control, but most people are using this awesome model of currency as Investment.
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thuthanh
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August 21, 2018, 07:04:44 AM |
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My view Bitcoin as a digital gold, a "hoarding of value" that, like the precious metal itself, does not necessarily have many useful new practical value. As we know Bitcoin has made investors much richer than gold in recent times, in the past 12 months, this currency yielded profit, far outnumbered the number yet to by gold. However, investors are still turning to gold to diversify their portfolio, using gold as a safe haven to protect them from a decline in the stock market and Securities.
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sabihanazir
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August 21, 2018, 07:17:41 AM |
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In my opinion I think bitcoin is not digital gold it is digital currency . But many people call bitcoin is digital gold because of value. Moreover Gold and bitcoin two different things. gold is a precious metal and bitcoin is a digital currency.So bitcoin is a digital currency not a digital gold in my opinion.
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Leonardo1987
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August 21, 2018, 07:21:17 AM |
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Bitcoin may be digital gold. Bitcoin has made investors much richer than gold in recent times. Bitcoin can bring better profit than gold.
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Paigewatkins
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August 21, 2018, 07:28:49 AM |
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Indeed, Bitcoin has made investors much richer than gold in recent times. However, they also use gold as a safe haven to protect them from a decline in the stock market. Bitcoin's erratic moves are hardly the same as gold in the eyes of investors. So, bitcoin and gold are different.
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ntodntodan69
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August 21, 2018, 07:31:19 AM |
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yes! bitcoin can be said to be digital gold, why is that like that? because bitcoin has a very high value even though it is a digital asset, while gold is a real asset and also has a very high value! maybe that kind of understanding that I can convey. thanks.
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richman3451
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August 21, 2018, 07:53:13 AM |
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if you compare the cost of bitcoin with gold, then its price is as high as gold, it is neither as costly as it is possible, but both are very expensive
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adjong
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August 21, 2018, 08:19:11 AM |
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for me the Bitcoin can be called Digital gold not as much as possible with Cryptocurrency when it's real money you will use it. Since the use of tokens in the market for tokens or coins in the market is Bitcoin digital money that's why you can buy the markets . Since Bitcoin is also a Digital money when it comes to Bitcoin talks
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Roberttran
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August 21, 2018, 08:19:39 AM |
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Gold represents the preciousness and the value of gold is very high. I still think bitcoin is digital gold because bitcoin is even more valuable than gold and its supply is less than gold. Bitcoin is exactly cryptocurrency but bitcoin can also store and invest as gold.
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tuturutmunding
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August 21, 2018, 08:29:42 AM |
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As digital gold? Maybe it can be said yes and maybe not because of course the price of bitcoin is not as stable as the price of gold can sometimes exceed the price of gold and sometimes the decline can be much worse than gold
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Piggymonster
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August 21, 2018, 08:33:45 AM |
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For me, bitcoin is somewhat like a digital gold it is because you can get it through mining using expensive equipments that's why it is precious and valuable and it is limited in quantity. Many became rich just owning some of it and everyone is willing to pay just to have it as an investment.
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Sabana1952
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August 21, 2018, 09:14:03 AM |
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Yes bitcoin is a digital gold because most of the people had become billionaire in the previous year in the history of cryptocurrency and with this bitcoin is a digital gold.
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Gontxi
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August 21, 2018, 09:20:35 AM |
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After reading a lot of posts made by people on this forum, I realized about 75% of them see Bitcoin as a digital Gold. For me, I don't think Bitcoin is a digital gold. Cryptocurrency or Bitcoin to be precise, was developed to be a safer option for transaction of goods and services and also the best mode of payment. Bitcoin was introduced to disable all the restrictions that banks and the financial system presented. A lot of people have lost huge sums of money because they saw bitcoin as a digital gold. I know others will argue that bitcoin has also made people rich but for me, I don't think it is advisable to consider Bitcoin as a digital gold. Bitcoin is a digital currency.
it's up to you to want bitcoin as you want. everyone has different perceptions and different goals, in this industry bitcoin is more likely to be a trading center for all crypto and investment. |
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cok_elat
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August 21, 2018, 09:26:53 AM |
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I think if bitcoin is said to be digital gold there is also a right point, because bitcoin can be used as an asset to store wealth like gold, the price of bitcoin also fluctuates like gold. if some people consider it as a transaction tool, that is also true because bitcoin can make it easier for transactions both domestically and between countries
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