rather than gold, why don't say it is a digital USD ?
in my opinion, bitcoin now has used by many peoples around the world.
bitcoin price not stable as gold. it is a quite wrong i think if bitcoin is a digital gold.

I believe in bitcoin. It is traditional usd or gold in cryptocurrency and it will be used for a very long time.

i think it was yes because bitcoin is more than great than gold so i think it was a high quality digital gold or a biggest currency.

Yes, bitcoin is very popular and expensive that we can compare its value to gold. This is very known also as digital gold because of its stability in the market.

I think it depends on the way in which you use it. If you use it like a currency, then no it isn't even close to digital gold. But if you are to use it as an investment, it could be digital gold -- as you're just sitting around and waiting for it to be worth more (which is what a lot of people do with bitcoin and gold)
Gold has been trusted since thousands of years ago as a valuable commodity and the price is stable. I can not guess the bitcoin will last thousands of years.

While many crypto investors have coined Bitcoin as the world’s “digital gold,” others are growing uncertain of Bitcoin’s value.

Howard Wang of New York-based Convoy Investments LLC and Jeremy Grantham of GMO LLC have analyzed Bitcoin’s advance relative to past frenzies and concluded that it’s unsustainable, which was noted in a recent Bloomberg article.



In a letter to investors sent out on January 3, Grantham summed up his concerns over Bitcoin saying, “Having no clear fundamental value and largely unregulated markets, coupled with a storyline conducive to delusions of grandeur, makes this more than anything we can find in the history books the very essence of a bubble.”

However, it is still too soon to tell if the “Bitcoin bubble” will indeed burst. What has become clear though, is that Bitcoin should not be considered a safe-haven asset.



I say this as I examine a chart complied by the data visualization site HowMuch, which displays an illustrative table of all the “horrific Bitcoin crashes” that have occurred since 2012.

Looking at this chart, it appears that Bitcoin lost 83% of its value in just three days between April 10, 2013 to April 21, 2013. Bitcoin’s next biggest crash occurred just recently, losing 70% of its value from December 2017 to February 6, 2018.



Now, compare this with the price of gold. According to data from the London Bullion Market Association, the price of gold appears fairly steady from day-to-day.

Considering this, Bitcoin investors and holders might find it interesting to know that major precious metal retailers have started accepting Bitcoin payments for gold, silver, platinum and other products from various mints. For example, APMEX Inc., one of the largest online retailers of precious metals, recently began accepting Bitcoin payments through the Bitcoin payment processor, BitPay.

Ken Lewis, CEO of APMEX, told me,

“As we are probably all aware, Bitcoin prices have surged in the last year, seeing an overall increase of nearly 1,200% in 2017. Investors started getting excited about Bitcoin and many casual traders even got involved with the cryptocurrency. Relative to Bitcoin, precious metals prices are far more stable, with Gold seeing just over a 12% increase in 2017 (Silver up roughly 5%). While people are obviously still highly interested in Bitcoin, many are turning to precious metals for a more, in a sense, secure investment.”

Now a days,
All are sayied that it is higher then gold

Bitcoin is the number one currency in the crypto world and if we compare this with the gold then it can also be said that it is digital gold but if we say that it is currency it will be more clear and explained. Bitcoin is good to hold just like gold bitcoin is also valuable and the holding is also profitable while if we keep bitcoin it is expected that bitcoin will hit 20k soon.

For me i think bitcoin is not a digital gold. Because unlike gold, gold have it's stable value rather then bitcoin. I will accept bitcoin is digital gold if its price is stable already. But what ever we called bitcoin, bitcoin is always a bitcoin.

Oviously, it is possible to call it digital gold based on the bitcoin's properties. Because it uses the same as gold, but in a little exception. It does not have any trouble to measure. Here a big difference from gold is not centralized. When we compare it to gold, it will be understood that it has many benefits than gold.