The battle of golds: victory of digital gold

[Traderbtcc]

The rapid growth of cryptocurrencies has actually dragged more investors from other forms of investment like gold and stocks, for sure it's obvious that cryptocurrencies especially bitcoin gives more profit than gold and people will always go for what is more beneficial.

[jonathancool220]

It is not time for real gold to be defeated by digital gold because this digital gold is in the form of a scrypt code that is not physically visible and it can be called Bitcoin.
Bitcoin may even decline in price and plunge past its previous price due to the effects of being decentralized.
This will be a fundamental understanding if real gold is more worth investing in than digital gold (Bitcoin).

[indexx]

It could be said that Bitcoin is gold in the digital world, while altcoins are silver and the like. The selling value of both of them will change according to the market. And maybe someday Bitcoin and altcoins will be able to be much more desirable than gold and silver.

[Galley]

Digital gold is too risky an investment to preserve savings. It is rather a tool for traders who prefer highly risky speculative operations. Real gold for those who love reliability.

[masterrex]

I think it's just temporary because as we all know most countries in the world are badly hit by this COVID 19 pandemic even those rich countries are also affected and the Gold demand was reduced while some other countries were selling some parts of their Gold reserves to back up the economy, thats I believe its not a victory of cryptocurrencies that was often called a Digital gold it's only temporary I guess. 

[pacar_tiri]

I think it's just temporary because as we all know most countries in the world are badly hit by this COVID 19 pandemic even those rich countries are also affected and the Gold demand was reduced while some other countries were selling some parts of their Gold reserves to back up the economy, thats I believe its not a victory of cryptocurrencies that was often called a Digital gold it's only temporary I guess.

Well, as you said the victory of digital gold I'd temporary , because pandemic covid 19. I think It is reasonable. But I believe at the digital era coming, we will see digital currency more popular than gold. Let's see.

[MishaSER]

I think digital gold is winning. But crypto cant replace gold because it is made out of nothing.It doesnt have any real value. It can go to 0 any time. Also some big institutional investors holding most of the BTC. Which is not good for crypto future.

Perhaps we can agree with you, but considering the cryptocurrency is worthless is a big mistake. Theoretically, if you turn off all the electronics in the world, then yes, the cryptocurrency will cost zero, but it still will not disappear. The cryptocurrency will be dormant. Gold is also useless and costs zero when it is in the ground.

[Coin63@]

Bitcoin of course a digital gold and better than gold . People all over the world preferring to invest bitcoin digital gold instead of gold . I think bitcoin will valuable than diamond.

[Gyrgen]

Personally, I assume that this is how public opinion is formed. Some authoritative publication is trying to impose its point of view. But the problem rests on the basic values, and they are material and not virtual.

[Unbunplease]

Virtual gold differs from real gold in that you can see the real amount at any time.  This is very important, since real gold cannot be honestly calculated.

[masudginanjar]

I think bitcoin will valuable than diamond.

If the problem of price maybe this could be the trigger but for everyone to see then diamonds will be the best because diamonds are a symbol of fashion.
But Bitcoin can also be the best when the price continues to rise, past the price of the following year, as in 2009 the price of Bitcoin was cheap and now the price of Bitcoin has become very expensive.

[Black ID]

In my opinion, Bitcoin is very well known as digital gold and altcoins as digital silver. Where both of them will soon become official investment assets in the digital world.

[Shahinaz]

I am not sure crypto can replace traditional gold, in the near future, the government still cannot accept crypto, and Gold will always represent a stable value. However, gold grew slowly, and did not decline in value as fast as cryptocurrencies. maybe that's a golden advantage

[MrSpasybo]

Temporarily ignore the BTC price adjustment that took place today, 2 days ago, on many forums that shared this image, when the price of 1 BTC is equal to the value of 1 kg of gold. For me this really makes sense, this photo has a huge impact on the fans of gold. It seems that the world has begun to accept the value of Bitcoin instead of seeing it as a scam.

[Freemind]

A picture is worth a thousand words. How many times in our life have we heard and said that phrase?. I think this time, with the image shared by @MrSpasybo, it has more value than ever for those of us involved in the world of Bitcoin and cryptocurrencies in general, and shows us the way forward, this is just the beginning.