Bitcoin is new digital Gold

[cryptoboss2020]

Bitcoin is new digital Gold
Like Gold in Bitcoin there used number 325.
The 3x25 means whales buying the dips 3% 25 times and selling  3x 25 % as corrections.
So those guys just love to use numbers...
Same People who created gold the same kind of People created Bitcoin 
Anyways Every Financial asset is ponzi the bigger the volume and investor bases the bigger the ponzi. Bigger the ponzi longer it will last

Gold was and is Pure ponzi so Bitcoin is new much bigger and Better ponzi.

Gold is done there are no More gold investors just.
Now the smarter people selling gold and They buying the bitcoins.

Those who bought gold early are rich now selling gold Bitcoin is going to take the gold place and Will be new gold imagine how big was gold and it was so Long Here....  The Bitcoin Will last even longer It's much bigger and bigger ponzi.

Gold is done and soon all the capital in gold Will go in btc.

If anyone want to say gold has value then yes it has but Not this value what the price is first to know gold value  real value   it has to be stable Not like Up and Down  That's Not shows value but It's only speculation.
Speculation of the gold futures market cant be the true gold neither btc true indicator.

However Bitcoin is designed Same way how the gold is designed it just digital.

It was gold time Now and It's a Bitcoin time *
For Bitcoin there are a lot More investors then for gold but for gold no More investors.

[Nrcewker]

I have seen many people investing in Digital Gold rather than investing in BTC.
The reason for this is simple as BTC and digital gold are both different assets.
I have seen many people specifically old people showing interest in Digital Gold rather than BTC and the possible reason for this is maybe because Gold is present from more years and BTC is still fresh.
Moreover Gold’s price is not so volatile as BTC and other cryptos can make you roller coaster ride .
So it will be better if not to compare each as both have separate fanbase among traders. And all have the rights to choose what they like.
Hope you understand the point OP.

[cryptoboss2020]

I have seen many people investing in Digital Gold rather than investing in BTC.
The reason for this is simple as BTC and digital gold are both different assets.
I have seen many people specifically old people showing interest in Digital Gold rather than BTC and the possible reason for this is maybe because Gold is present from more years and BTC is still fresh.
Moreover Gold’s price is not so volatile as BTC and other cryptos can make you roller coaster ride .
So it will be better if not to compare each as both have separate fanbase among traders. And all have the rights to choose what they like.
Hope you understand the point OP.

Gold is done! 

[butcher_spam]

I have seen many people investing in Digital Gold rather than investing in BTC.
The reason for this is simple as BTC and digital gold are both different assets.
I have seen many people specifically old people showing interest in Digital Gold rather than BTC and the possible reason for this is maybe because Gold is present from more years and BTC is still fresh.
Moreover Gold’s price is not so volatile as BTC and other cryptos can make you roller coaster ride .
So it will be better if not to compare each as both have separate fanbase among traders. And all have the rights to choose what they like.
Hope you understand the point OP.

I agree with you, of course BTC cannot be compared to gold. At least it is too early to talk about it, because the volatility of gold and btc are quite different from each other. Not only gold can be taken as an example, but real estate can also be taken as an example. These assets do not have the volatility of BTC, and if I just want to keep my money, I will definitely choose between real estate and gold. BTC is still a toy, sometimes a very dangerous toy that you can lose if you get hacked by hackers. But real estate, for example, I will never just lose it, on the contrary, the price of real estate is slowly increasing, and I will definitely be able to sell it for at least the amount I bought it for.

[wendy sy]

Personally, cryptocurrency will be a technology for the birth of new gold, but it may not be Bitcoin. For example, there are many kinds of precious metals, but gold has a financial status that is clearly different from other precious metals. There are currently thousands of cryptocurrencies using blockchain technology, and there are still some differences in technology and design. Personally feel that there will be a process of shuffling after the crazy. In the end, digital currencies that have gained some advantages in technology, design, or market position will form the Matthew effect. Furthermore, most other virtual currencies are eliminated and become real digital gold.

[franky1]

people think bitcoins value is its 'spot price'
people think golds value is its 'spot price'

both are wrong
bitcoins/golds real value is mined price.

what people should do. is in their local area.
work out how much their electric price is..
calculate the 'mining profitability' based on the current hashrate vs the latest efficient mining rig costs

and use that as the bases of their value of bitcoin(the real value they could get bitcoin at if their circumstances permitted)

if you use those numbers you can see if the PRICE is way above that amount to be classed as speculatively hyped up(bubble).. or if the price is below the rate you could mine at. means its good value to just buy it

EG the $60k price was very speculatively hyped for majority of countries around the world
but $30k is good value for majority of countries around the world..

..
lets imagine everyone around the world could mine gold in their own back yard using a dinner spoon and a coffee filter for $2/oz .. then obviously a gold price of $1.8k is speculatively hyped up. and deserves to crash
to say $4
if it requires around the world excavators and diesel and sluice machines at say $1.1k
then $1.8k is high but not worthy of a crash to $4. but will correct its $1.8k down to say $1.3k at some point

[noorman0]

Gold was and is Pure ponzi so Bitcoin is new much bigger and Better ponzi.

Gold has intrinsic value and has been used in traditional commerce for a long time even before the banking and fiat system was invented, let alone stablecoins you can believe in.

If anyone want to say gold has value then yes it has but Not this value what the price is first to know gold value  real value   it has to be stable Not like Up and Down  That's Not shows value but It's only speculation.

The value of gold has always been stable and that made it speculative after fiat started to poison traditional markets and continues today.

Note: I'm sometimes confused about understanding the contents of your thoughts with these writings. Before educating others with crazy thoughts, start educating yourself with the proper use of punctuation.

[samsul1234]

Bitcoin is new digital Gold
Like Gold in Bitcoin there used number 325.
The 3x25 means whales buying the dips 3% 25 times and selling  3x 25 % as corrections.
So those guys just love to use numbers...
Same People who created gold the same kind of People created Bitcoin 
Anyways Every Financial asset is ponzi the bigger the volume and investor bases the bigger the ponzi. Bigger the ponzi longer it will last

Gold was and is Pure ponzi so Bitcoin is new much bigger and Better ponzi.

Gold is done there are no More gold investors just.
Now the smarter people selling gold and They buying the bitcoins.

Those who bought gold early are rich now selling gold Bitcoin is going to take the gold place and Will be new gold imagine how big was gold and it was so Long Here....  The Bitcoin Will last even longer It's much bigger and bigger ponzi.

Gold is done and soon all the capital in gold Will go in btc.

If anyone want to say gold has value then yes it has but Not this value what the price is first to know gold value  real value   it has to be stable Not like Up and Down  That's Not shows value but It's only speculation.
Speculation of the gold futures market cant be the true gold neither btc true indicator.

However Bitcoin is designed Same way how the gold is designed it just digital.

It was gold time Now and It's a Bitcoin time *
For Bitcoin there are a lot More investors then for gold but for gold no More investors.

Hello sir, yes that's true what you say bitcoin is equivalent to gold but there is a slight difference between gold and bitcoin, bitcoin is a digital asset where every hour there will be a live trading market and every hour it changes in price, but gold does not have it. , gold will only change in 3 years and investors may be bored seeing the FLAT gold development, I think bitcoin will replace gold in the trading market in the future

[sherryDEFI]

I don’t think Bitcoin can be a gold-like substance. ①Most people don’t understand the existence of Bitcoin. ②The natural hostility of central banks of various governments to Bitcoin (affecting economic control). ③It is not a material existence, and people have a natural sense of distrust ④Replaceable Too strong, Litecoin, Ethereum, etc. can even be expanded without restriction. However, the precious metal family of gold and other precious metals, palladium, platinum, has actual false value and industrial value corresponding to its own inventory and economy. Even a very small amount of other substances have high prices. However, virtual coins It is determined that similar currencies can be released infinitely to reduce the value of Bitcoin. ⑤There is no regulatory agency to resist the financial risks that may be caused by Bitcoin.

[int03h]

Bitcoin and gold are volatile investments in the short term. But in the long term, they may provide a hedge against unlimited money printing. Both of these assets are scarce and finite commodities. Relative to fiat currency this gives them value.

In this article, we will compare the relative scarcity of bitcoin and gold using the Stock to Flow model.

What is the Stock to flow model?
The stock to flow (S2F) model can be used to measure the relative scarcity or abundance of finite commodities like gold or bitcoin.

The “stock” is the total supply that has already been mined.
The “flow” is how much new supply is mined each year.
The stock to flow ratio is given by the formula below:


S2F = Stock ÷ Flow = Total supply already mined ÷ New supply produced each year



https://www.stopsaving.com/the-stock-to-flow-model-for-bitcoin-and-gold/

https://stats.buybitcoinworldwide.com/stock-to-flow/


Please read carefully the contents of the two links above. I quoted a passage for you to understand that gold and Bitcoin share the same growth pattern.

Gold has existed for thousands of years and its price increase is based on the needs of nations and people.
Bitcoin is a new asset-based on computer science (blockchain technology) and economics. Bitcoin is becoming the new store of value as it gets more applied in economics. Bitcoin's intrinsic value comes from community and government acceptance and scarcity over time. Bitcoin is not a Ponzi, it's a new world asset. On the point of money flow from gold to bitcoin, I disagree because bitcoin and gold are both bullish.

[Lorence.xD]

This was coined as a term for bitcoin a long time ago and I don't think that there's nothing new with the thread that you have posted. Also, I don't think that bitcoin is the digital gold that we are looking for because it connotes the fact that bitcoin can't be its own identity.

[asyakashi]

many people assume that digital gold is bitcoin, and that is not wrong, because one bitcoin is already equivalent or even more than a kilogram of gold. But in reality bitcoin has a much faster price change than gold, but it is very unstable. And when compared to pure gold in investing it would be better pure gold.

[husnija]

both are indeed promising investments for now, most people are starting to open their minds to invest in the digital world
undeniable, the benefits can be many times as well as the risk of loss if you are unable to organize finances and get carried away with emotions

[AakZaki]

Currently, bitcoin cannot be compared to gold and that is still a long way off. Bitcoins are too young to compare and bitcoin voting is very high.
Gold is an asset "safe haven" which of course will be very safe with low votality. However, when compared to bitcoin, Bitcoin is not a safe haven asset because it has many risks.

Bitcoin and gold have both advantages and disadvantages. Bitcoin will not replace gold and vice versa.