Can Crypto be more valuable than gold?

celot

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Quote from: Akash Crypto on August 16, 2020, 01:13:20 PM

I have thought that one key advantage crypto (bitcoin, litecoin, Dash, monero etc.) has over gold is that its supply level is fixed and transparent, but can this or features make crypto more valuable than gold?

I think this is not suitable to compare gold with cryptos. Because both are asset though but still both have different features. Crypto has more risk than gold. crypto market is valuable but not stable . Gold is one kind of stable asset . Both are valuable in their own way.

Yes, that's right, it all depends on each individual. What kind of investment does he like? If people like challenges with big risks but big rewards, crypto could be the choice for them. However, if they only want to invest with a small risk and only aim to keep their assets stable, gold is an option for them. So they can't be compared because they have their respective advantages.

firmino10

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From my own perspective, I think bitcoin and gold are both similar in a way or another and also different. Bitcoin and gold are both measure and store of value. Although one is digital and the other is a real world asset. The price of bitcoin is presently more valuable than gold and would remain like that for a long time, because bitcoin has a limited supply unlike gold than has an unlimited supply.

Xinarae*

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Quote from: robattfield on September 02, 2021, 02:46:17 AM

At this point we will all have to admit that Bitcoin is showing useful values, I don't want to compare which is better than the other because it depends on each person's point of view. I see that bitcoin is slowly becoming one of the storage assets that, despite its great volatility, we still accept it as having great potential.

I agree it is usually up to the individual to decide which one to invest in and get the most profit because both bitcoin and gold are valuable. The prices of some of them continue to rise on the basis of fluctuations currently bitcoin's price increase is becoming more popular than gold.

josmardugarte

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The crypto movement is unstoppable, for many it has meant a relief in economic movements and that strengthens its value. I stay calm, I invest in Divi. Divi has created tools that allow an orderly transition to the world of cryptocurrencies, for example it stands out for its 5 masternodes and staking that work well. and in the DiviWallet App you do it with a single click. With easy to use options. I am currently staking, and gathering to run a masternode

velive08

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Quote from: NIKUBHI on August 11, 2021, 12:24:18 PM

It is already proved that cryptocurrency has more value and demand than gold nowadays and as the whole world going to adopted digital systems, The value of cryptocurrency and its use cases will going to increase more and more.

for the value of crypto is greater than gold, because crypto has a changing price, can increase and decrease. but for security issues maybe gold is safer, because gold is more stable. but what we are discussing is value, maybe crypto wins from gold and it's natural that nowadays many are shifting assets to crypto instead of gold

Alucard1

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For me Cryptocurrency has a bright future, there are still a lot of people who don't have an idea in cryptocurrency so for sure in the future once all of the people are now being involved in cryptocurrency and there would be a lot of schools and organizations that will help cryptocurrency known by many people then cryptocurrency would be valuable than gold. We are still new compared to gold but we can now see the value of it in terms of investment compared to gold. What more in the future, if I were going to choose between crypto and gold, I will still choose to invest in crypto, the higher the risk the higher the reward.

crypto1010

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Absolutely, why? Because there are crypto projects that can disrupt the old system that is currently being used by many. I just heard a real state project based on blockchain would very much disrupt the real industry soon. Another project I saw was a social media site dedicated for NFT's, it's like Instagram for NFT. If NFT would continue growing, I wouldn't be surprised if it gets more users than IG and Twitter in the future.

amihada

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for now it is very clear that crypto is more valuable than gold if you have alcoins like poolz now you will benefit in the near future, if gold is stable and its price increases in the long term and price movements are slow.

Sir Legend

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Quote from: abralzain17 on September 04, 2021, 01:24:35 AM

Quote from: Akash Crypto on August 16, 2020, 01:13:20 PM

I have thought that one key advantage crypto (bitcoin, litecoin, Dash, monero etc.) has over gold is that its supply level is fixed and transparent, but can this or features make crypto more valuable than gold?

In my opinion, crypto has many advantages, apart from having a large community and transparency in supply. but behind all that crypto has a fluctuating nature so that digital currency is not more valuable than gold, gold will forever be the main choice of people in investing

Crypto is still new and not widely known, many countries are afraid to legalize crypto because crypto is decentralized, of course it will be a problem if price fluctuations are like a roller coaster. while gold is the oldest investment that has been accepted thousands of years ago, I believe gold will always be accepted by anyone and at any time.

iTradeChips

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If a painting can be more valuable than gold then I think it is possible for crypto to be more valuable than gold also. But of course gold is very valuable right now in the beauty industry or jewelry, economics, and also in electronics. Crypto on the other hand is not tangible so its only use is definitely suited on the digital realm. We should be able to see more adoption of cryptocurrency in many payment platforms and that would increase the value of crypto in the long run.

abralzain17

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Quote from: Akash Crypto on August 16, 2020, 01:13:20 PM

I have thought that one key advantage crypto (bitcoin, litecoin, Dash, monero etc.) has over gold is that its supply level is fixed and transparent, but can this or features make crypto more valuable than gold?

In my opinion, crypto has many advantages, apart from having a large community and transparency in supply. but behind all that crypto has a fluctuating nature so that digital currency is not more valuable than gold, gold will forever be the main choice of people in investing

Sithara007

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There is no rule written in stone that Bitcoin can't be more valuable that gold. Already there are several assets, which are more valuable when compared to gold. For example, the stocks in NYSE are having a combined valuation of around $30 trillion, which is almost three times the market cap of gold. Bitcoin is just 12 years old (compared to gold, which has been in use for 5,000+ years). In another decade or so, I expect Bitcoin and cryptocurrency in general to reach the same level as any other mainstream investment asset.

zachyboy090118

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Quote from: Akash Crypto on August 16, 2020, 01:13:20 PM

I have thought that one key advantage crypto (bitcoin, litecoin, Dash, monero etc.) has over gold is that its supply level is fixed and transparent, but can this or features make crypto more valuable than gold?

Absolutely it happen in the future, now a day crytocurrency dominating the market. Even if the crypto not as publitise my the world government but we can see the different even in price its always rising. Probably it will happen soon because the crypto market is growing and doing variety of thing in all aspect as an eye catcher of big investor.

hidingyou

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Crypto is popular than gold because even though it is volatile, the price return is worthwhile, crypto is not for the faint of heart traders and investors

What makes crypto valuable is because we are now in a digital age in which all transactions of our daily life is now on digital. it's not surprising cryptocurrency will be there.

Abiky

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Quote from: Akash Crypto on August 16, 2020, 01:13:20 PM

I have thought that one key advantage crypto (bitcoin, litecoin, Dash, monero etc.) has over gold is that its supply level is fixed and transparent, but can this or features make crypto more valuable than gold?

In terms of price per unit, crypto is already more valuable than Gold. Consider how Bitcoin is worth around $48k at the time of this writing, while Gold just costs $1.8k per ounce. In terms of market cap, that's another story. The total market capitalization of crypto is much smaller than Gold. Crypto has a $2T market cap, while Gold has $11T. It's getting closer, but still has a long way to go. It's expected crypto will surpass Gold in the future as adoption continues to grow at an unprecedented rate. We should give crypto some time to mature since it's just starting to blossom. Gold has been around the scene for a very long time, so investors trust it more than anything else.

Scarcity and demand is what ultimately determines an asset's value. Most cryptocurrencies have demand, but only a few are scarce. Coins like Bitcoin, Litecoin, and Dash have a high probability of increasing in price over time than others. What matters is not the price but how useful crypto is. As long as crypto is useful, nothing else matters. Just my thoughts Grin

Silver80

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Quote from: Akash Crypto on August 16, 2020, 01:13:20 PM

I have thought that one key advantage crypto (bitcoin, litecoin, Dash, monero etc.) has over gold is that its supply level is fixed and transparent, but can this or features make crypto more valuable than gold?

the price of BTC once beat the price of gold in one kilo gram during Elon tweet, gold is a comedy throughout history even before money was known now gold is a medium of exchange in finance, its value tends to be facultative

herizal85

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For now crypto has had yet another significant rise, therefore crypto is more sparkling than gold, but let's look back at how it had lost a significant price. And which could judge more valuable between crypto and gold as its own wearer, but I personally prefer crypto because given the current price position we might be able to hit our target if we want to invest.

Al Qiyamah

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I think it depends on how someone uses both, if someone has always invested in gold and made a profit from gold, it is clear to him that gold is better valuable. On the other hand, if someone knows how to trade and take profit with the virtual currency, it is clear that it is more valuable for him. But both are clear have advantages and disadvantages of each.

Bikan

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We all feel that the future of cryptocurrency will be brighter.
However, it is feasible that some people will continue to own gold because its value has been preserved.
There will also be those who cling to cryptocurrency.
So it's up to each individual to make their own decision.
Crypto, in my opinion, is more valuable than gold.
Because the advantages are significantly bigger than those of gold.

Cryptmuster

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Quote from: Alucard1 on September 02, 2021, 02:58:25 AM

For me Cryptocurrency has a bright future, there are still a lot of people who don't have an idea in cryptocurrency so for sure in the future once all of the people are now being involved in cryptocurrency and there would be a lot of schools and organizations that will help cryptocurrency known by many people then cryptocurrency would be valuable than gold. We are still new compared to gold but we can now see the value of it in terms of investment compared to gold. What more in the future, if I were going to choose between crypto and gold, I will still choose to invest in crypto, the higher the risk the higher the reward.

I think that cryptocurrencies are still a very risky investment, gold is more reliable, time-tested investment. Although you need to use both bitcoin and gold for investing, both will bring profit, some more, some less, time will tell, but the most important thing is that both directions will generate income and will be able to protect your investments from inflation well.

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