For me, bitcoin is a digital gold and currency because bitcoin is minable the supply is limited and it has stability like gold. So, it would be advisable to store bitcoins and sell it at the right time you could earn 70% profit. But it is also an currency supposedly bitcoin is an alternative payment method which you can pay anonymously without entering your personal info and your bank details to avoid the hackers stealing your info which is good.

It can be either digital gold or digital cash. If you're into it nvestment and buying great amount of Bitcoin and store it waiting for it's price to hike up then you can considered it as a digital gold.

And since Bitcoin is being used in millions of transactions and some stores are accepting it as a mode of payment, undoubtedly you are using Bitcoin as a digital cash.

gold stability is very popular that sometimes my eyes getting blinded by its promising investment, and the goldy ones you said earlier ain't stable is it? it's just ordinary currency but have additional interesting features

I use Bitcoin in various ways. It's a store of wealth solution, investment solution, remittance solution. It doesn't matter what label you stick on Bitcoin -- Bitcoin is whatever you want it to be. It's a multi functional tool. People have the freedom to use Bitcoin how they want. That's why it really annoys me if people say 'Bitcoin isn't meant for this or that'. Mind your own business!

For me, bitcoin is both a payment system and a currency. This is a unique phenomenon. No single currency can be used that way. Many beatcoins are attracted precisely because they unite both of these phenomena

I'm loving these terms.

Well digital gold I can live with but digital cash is pretty funny.

-Do you have any cash on you?
-Pulls out smartphone.

How about neither and both at the same time.
It is digital, it is like gold but it is not gold, it acts like cash but it is not cash.

It's bitcoin.

Far in the future I think we will see bitcoin server as gold and some other alt coin like DASH or Litecoin serving as quick spending money.  

IMHO unless bitcoin can get its act together, it will ultimately end up as a vehicle of long term storage of value, transfer of wealth, and payment for large value items like homes, businesses, insurance payments and the like. Bitcoin works great, as is, for those purposes. Dash and Litecoin would be great as day to day spending tools. Both Dash and or Litecoin will be valued against bitcoin or gold instead of Fiat. Each coin will serve its unique role. Gold/Bitcoin shall be the Base, Dash/Litecoin shall be the currency used to buy goods from the grocery store. Ethereum will be the mechanism driving and controlling the business world. All other altcoins will be valued against Gold/Bitcoin.

Once we start valuing ALL altcoins against bitcoin or gold, we will truly see the value of bitcoin stabilize and become rock solid.

It's both, but I believe bitcoin is mostly a store of value.  In fact I think it sucks as a currency, and I've said that before many times.  Confirmation times suck, the fees suck, the irreversibility sucks.  You name it, it sucks.  EXCEPT in the dark markets and at the casinos.  Those two places it's great as money and works well.  But try to actually go to a merchant and pay for something with bitcoin.  Not gonna happen in the real world, and I think most people are realizing that fiat money works so much better.

As a store of value, it's great, and if you're a Pakistani worker in the US it's fantastic to send across borders.  I bet most people who do that never, ever actually spend bitcoin.

it is both,
it has always been both,
it will always remain both or it would no longer be bitcoin.

and that is the beauty of it. you can use it as a currency as it was supposed to from the day it was created, but since it is unique and it is secure and also there is a very limited supply it becomes a good investment too, as gold if you like to call it.