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Handhy

Bitcoin as digital gold

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Well maybe someday in the future btc can be high as gold, but now we can't predict it, we should just believe in btc because it is new technology that might become center of the future. 

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Bitcoin is volatile in price. As for gold, its price is almost fixed and recognized by governments and people in the future will go to use bitcoin more than gold.

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I agree with you that bitcoin can be said to be digital gold because there are indeed similarities to gold, maybe the difference is in relatively high price fluctuations


 

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You are right to Bitcoin is considered like gold, and more because the price is higher than gold and it is on the rise every day and we cannot double the gold unlike bitcoin we can invest it and trade it and double it


 

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When arguing if Bitcoin is worth more than gold then we will probably need a common way of measure.  Like what? 1 Bitcoin versus 1 Ounce of Gold?  Right now then Bitcoin could be considered more valuable than gold.  This is all just for argument's sake, we have not yet established how to do these comparisons (or have we?)

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Bitcoin is unique and may be too hat is why it is seen as a gold in coming as it is at this time awfully important in cost as compared to Gold and the cause of BTC is not in lovely locate is that it is not stable.

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2 hours ago, Dwale2525 said:

In this currency time people or even some of us are seeing bitcoin as a valuable currency exchange.

Bitcoin is nit a cryptocurrency exchange, it is a currency and at the same times works as gold.

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Maybe in a sense bitcoin can be called digital gold but in reakity it is very different from gold. Unlike gold it doesnot have a physical asset to backup its value and its price actually depends upon the market.


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Bitcoin is similar to the main currency among altcoins and any altcoin is measured in the price of bitcoin. Ethereum is in second place.

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10 minutes ago, Kashifjat said:

May be bitcoin is seen as a gold in future because it is currently very high in price as compared to gold and the reason of BTC is not in good position is that it is not stable.

The instability is a very good feature of bitcoin because if it will be stable then the traders will not be able to trade. All the traders are investing in bitcoin because they want the fluctuations in its price. 

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23 minutes ago, Atreus said:

You could say that bitcoin is like investment in gold but in digital form. So it's different, but a bit similar at the same time. Some people prefer gold over bitcoin and vice versa. Both are good in its own way, to be honest.

But the profit in gold is very very smaller so we cannot say that investment in bitcoin is the same as gold. We can say that we have invested in a running business if we invest in bitcoin. 

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4 hours ago, Atif123 said:


I consider that bitcoin has a sustained system to substitute gold, however it is on its style to nature an choice for companies and around countries to look after their finances. At the moment the marketplace is actual unpredictable for them.
 

You can never make people stop mining gold over bitcoin it is delusional and stupid, gold will always have ts place.

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I think you are right that the price of Bitcoin is like gold. Gold is a very valuable asset and a Bitcoin is currently priced at $ 8000. General Chat Chat LoungI think that both Bitcoin and gold are very valuable assets, and I think many members used to be a very valuable commodity, and that is what it is now and is currently. General Chat Chat LoungPeople consider these to be a valuable asset, and I think the only thing Bitcoin is doing is doing the same thing in business as people are using them as a medium for big transactions

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From its icon we can know that they prepared to make it the golden coin in our world  from the first place....

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Bitcoin cannot be used as the digital gold because there already have the digital gold which used for trading, but the bitcoin is called the digital assets


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Welcome with me

You are right, bitcoin is like gold, but it is much better than it
Bitcoin allowed the world to know the advantages of blockchain technology
Bitcoin has revolutionized new concepts in the money

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25 minutes ago, fraviiboi said:

Yes bitcoin is a digital gold because it is limited, as well as you can mine it digital and it is the future gold because its price will definitely increase gradually with the market as market goes up.

 

But bitcoin us limited like you said, hut gold is till being mined everyday.

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I totally agree with you that bitcoin is like a gold and even better. It will soon go to heights that even gold could not goto.

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Yes bitcoin is a digital gold because it is limited, as well as you can mine it digital and it is the future gold because its price will definitely increase gradually with the market as market goes up.

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Bitcoin seeing as gold as dimand because its value is more than gold few time or often same. So btc rate in future must be high and equal to gold.

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Today I am feeling uneasy and frustrated with prices. The value of Bitcoin in the market comes from the truth (which is a bit confusing) that everyone recognizes that gold has a certain value, so gold is considered valuable

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Yes Bitcoin is the best as a digital currency.  Because its price is the highest in the world market.  People around the world are making money by simply posting some forums.  Bitcoin is good in all respects.  Trade investment transactions, etc., help in making huge profits.

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Bitcoin has begun a wave of cryptocurrencies built on the decentralized peer-to-peer network, becoming the standard for cryptocurrency to inspire a growing number of followers and spinoffs.

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On 10/17/2019 at 11:17 PM, Handhy said:

Bitcoin is like gold, but better.

Bitcoin is the best financial instrument in the world. That's my version and hopefully, all of you accept it as I do. In 2021 countries that still prohibit the use of bitcoin and other cryptocurrencies will increasingly lag behind and destroy their own economies.


<Bitcoin> 33UiM7HjYSH9ZuCfdQiRKmWNJdGhLx444W

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