Bitcoin as digital gold

[sazzad925379 128]

Absolutely Bitcoin is a digital gold.  Because there is so much demand for gold in the world market and market value is high, Bitcoin market has a lot of demand.

[febriyana 934]

I think Bitcoin have same characteristic with gold. But the different is about physical. Where Bitcoin can only used on internet, but different with gold only used on real world. Bitcoin have intrinsic value, i think the value is coming from their blockchain system. With blockchain we can make transaction without any control from government or people. Also the blockchain is very secure. Bitcoin also have limited supply, so the circulation will keep health time to time.

I think Bitcoin have same characteristic with gold. But the different is about physical. Where Bitcoin can only used on internet, but different with gold only used on real world. Bitcoin have intrinsic value, i think the value is coming from their blockchain system. With blockchain we can make transaction without any control from government or people. Also the blockchain is very secure. Bitcoin also have limited supply, so the circulation will keep health time to time.

[Sumayya 493]

44 minutes ago, md sohel said:

Bitcoin is a very modern currency. If you weigh bitcoin in kilograms with gold, it will not cost much, but if you invest in bitcoin for trading, you will get a lot more value.

Yes it will have more value them gold, gold is kinda stable than the Bitcoin, but Bitcoin provide more profit

[kamalnewaz 150]

Yes,bitcoin is digital gold.The members of here love it very much.Many people although work here as part time but they value it much.Obviously now the bitcoin is digital gold what is known the Worldwide.             

[Epic 289]

Gold has value because the first men viewed gold as the embodiment of the sun owing to the fact that it is the same color so the early people associated gold as having a piece of the sun which to most culture embodies heavenly gods. Thats why royalty usually uses gold as their crown because it represent their right to rule as mandated by the heavens and the god above since they have a piece of heaven. Bitcoin as the logo implies is the gold standard of digital currency being the first of its kind and the most valuable.

[pakjobhelp 1585]

Bitcoin is Digital Gold:-

Wow that great name you take to bitcoins, this is fit according to the bitcoins demand. The bitcoins demand increase day by day and more investor invest in digital gold and hold the digital gold for long term profit purpose.

Digital Gold is good name and perfect for Bitcoins.

[aqua 773]

In real life, we have gold, but in online life, we have crypto. We can consider that bitcoin is gold on the internet, and that is why many people who hold bitcoin are not selling their bitcoin if the price does not increase higher. Gold has its value, and bitcoin has its value too, and we cannot compare bitcoin and gold because they work differently. But bitcoin needs to be accepted in all countries before bitcoin can be gold for all people so they can buy and hold bitcoin for a long time. I am sure that will happen in the future because crypto has a big chance to be accepted.

[Kenan mehoub 540]

Your information really deserves reflection Bitcoin has become a high level of importance and whoever invested in it in the past has achieved a very great wealth, but today it must be treated with caution

[Casinoval 330]

Yeah Bitcoin is the digital gold, Bitcoin value is always rising and many in the digital currency world take Bitcoin has a store of value, just like gold.

[DavCrypto 298]

It seems clear to us that the largest digital currency in the world plays the role of digital gold if you will, it is used for investment more and not in financial transactions on the Internet. Predicting its future potential to reach $ 100,000 and providing it with a limited number, in addition to slowing its mining due to the difficulty of that, are all factors that make us meet these predictions in the end.

[Aereen 456]

Personally, I also see bitcoin as a digital gold, although we all know that bitcoin is the most popular cryptocurrency and its prices fluctuates so much and is so volatile; comparing to how gold is being priced.

[Sapdrx 469]

Just now, ratul43 said:

Yes...Bitcoin is digutal goold coine.Bitcoin also has value as a payment system. The more people use Bitcoin for payments, the more valuable this payment system will be. Buying Bitcoin is like buying Visa shares. Because you pay with your Visa stock, the place to use Visa more and more visa is increasingly widespread and more valuable, 

If Bitcoin is the gold of ecurrencies it would be strange to see it as a payment system. We do also not use gold for transactions. I think it will be more like an investment asset.

[Opinder 1310]

We can say bitcoin is digital gold because btc is an asset like gold and we can earn profit from holding of btc and gold. If crypto would be regulated then btc would be used as price determinant of other coins like gold is used to determine the value of fiat currencies.

[abrahim 29]

Bitcoin is an online digital currency, even Bitcoin is equivalent to kilograms of gold but their prices are not very high, people invest more in Bitcoin, soon it will be worth more gold. Bitcoin prices are rising day by day.

[Mehnil125 431]

Bitcoin is called the digital coin but in the future it may be called the digital gold because it's price is increasing day by day frequently. 

[teminalibug 309]

Just now, Mehnil125 said:

Bitcoin is called the digital coin but in the future it may be called the digital gold because it's price is increasing day by day frequently. 

Bitcoin is considered as digital gold because it acts less like a currency, because it does not have price stability.

[Mohammad Abdullah 2]

Bitcoin currency is very important role in the word. Perhaps it is a gold. Bitcoin gold is very important. Traders can trade this currency all over world. It is called a gold bitcoin .

[DavCrypto 298]

Today's movement shows that the rise in gold does not mean that Bitcoin will rise either. The collapse of currencies in a time of crises and fluctuations in their prices, especially as currencies do not value or rely on gold in their pricing.

[khaler 1549]

Yes, it can be said about Bitcoin that it is like gold, but in digital life, but in real life I do not think that gold can be replaced with bitcoin

[Naga 1250]

to me i think bitcoin is even better than gold because gold takes a lot of time to grow while the other coins in crypto could do the same growth in like a week or so.

[AL SHAIMON 1293]

Yes bitcoin is digital gold. You can say it digital diamond. Bitcoin's price is higher avobe them. The more you hold it it wil be more precious.   

[bitcoin-shark 1928]

you may not know it but an erc20 token was created therefore on the ethereum blockchain which is guaranteed by gold, its value is 1 ekon = 1 gram of gold can be physically withdrawn (gold) in switzerland...

[suzuya 945]

Bitcoin is like a gold in cryptocurrencies because it's price is really high and also it changes as time passes by, sometimes it's rising and sometimes it's dropping. Even though bitcoin is really expensive like gold, it still cannot replace the real gold because many people still prefers using it.

[Benjamin 84]

Well i think this bitcoin reaches the gold because we all know that this bitcoin are volatile, anytime soon the price of it maybe pumped or not, but the price of gold are still stable, so that many people are prefer crypto to used to earned money.

[alexisfuentes 2130]

On 1/5/2020 at 12:20 PM, Humayun Kabir said:

Of course you're right. Bitcoin is now more valuable than gold. It seems to me that the price is increasing day by day and if it continues this way it will become more valuable than gold.

I find it interesting to read Bitcoin is more valuable than gold. There is really no conversion currently allowing comparison, just transform the value  FIAT Gold into Bitcoin.

Gold 1KG= $50,240