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Topic: Can Crypto be more valuable than gold? - page 11. (Read 5086 times)

legendary
Activity: 1540
Merit: 1002
April 27, 2021, 09:41:20 AM
Currently, the bitcoin market cap is high. and if the ratio of gold is in value, the price of Bitcoin is indeed higher, but for investment or risk, both are different between gold and bitcoin. I invested in both. since 2017 now the value of gold has increased following inflation in my country. in principle with gold we can maintain the value for money which is inflation every year, I've read many references regarding gold investing
So what are you trying to say? as we know that it is almost impossible in the world of investment to outperform gold. gold has been used as a reference or investment standard since time immemorial. even the parameters of the country's resources can be measured by the gold reserves they have. so it's quite unlikely that bitcoin can outperform bitcoin (in the long run)
sr. member
Activity: 350
Merit: 250
April 27, 2021, 08:09:35 AM
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?
Yes, it is more valuable than gold. You see it as bitcoin, EtH is much more valuable than gold. But its value makes you feel insecure and sure. Gold prices can be stable, not fluctuate much. But as for cryptocurrencies it can go up and down very quickly because of the many effects of the market. If it were me, I'd invest both.
member
Activity: 966
Merit: 25
Ton Together | Save Smart & Win Big
April 27, 2021, 07:40:32 AM
In my personal opinion, technology can be more valuable than fixed assets like precious metals since it always develops. From a long time ago precious metals becomes a standard of investment for many people, but it's not a secret anymore that gold is controlled by a certain party just like fiat does. That's why the decentralization topic arises. We can't argue that the world has changed. Nowadays is only just the beginning of the cryptocurrency journey. When the mass adoption becomes real, I bet cryptocurrency will be further valuable than gold.
sr. member
Activity: 713
Merit: 252
April 27, 2021, 07:26:53 AM
Government isn't just "bad". It depends on the government of course, but having something that rivals with the offerings from the government and the financial industry is important for the global and social equilibrium.
Why do you think that is important? because at this time there are still many governments in different countries that do not like offers that deviate from state regulations, so they also do not want to compete even though this can have an effect on global and social balance.

Because we don't enough infrastructure in place that could govern people on its own. It is a wild dream to believe that at this point in time we would be able to govern every aspect of like without having any government at all. I am not saying it will never be possible, but I believe there will also be some sort of governing body. Imagine in how many countries the military may decide to overtake control? It is not as easy as you think to just live without government.
sr. member
Activity: 1204
Merit: 250
April 26, 2021, 03:30:36 PM
It's possible. Crypto space is already getting the necessary attention and acceptance than Gold. So let's expect anything from boom
Yes, and it is also very natural that the crypto space has received a lot of attention from some parties who previously did not like Crypto, because with that the crypto space will grow faster, and all of this is also not solely to beat Gold because Gold is an asset that has a value that is always stable over a long period of time.
sr. member
Activity: 1204
Merit: 250
April 25, 2021, 03:10:57 PM
I invested gold and crypto both. I think in future more people are using crypto and more are adapts blockchain technology.
So I am not surprised if crypto more valuable than gold
Yes, there is nothing to be surprised about at this time because the times are constantly evolving with very sophisticated technology, so people can definitely see which things are suitable for them to run or they are investing in for the long term even though in general Gold and Crypto are the same- equally valuable even though in value the two of them are far different.
full member
Activity: 349
Merit: 101
Tontogether | Save Smart & Win Big
April 25, 2021, 01:23:53 PM
I invested gold and crypto both. I think in future more people are using crypto and more are adapts blockchain technology.
So I am not surprised if crypto more valuable than gold
hero member
Activity: 1302
Merit: 503
April 25, 2021, 12:50:31 PM
of course for now cryptocurrency is more valuable than gold, because the benefits gained from investing in crypto have multiplied and the process in my opinion is very fast even though the risk is very high compared to gold
so that's why the price of cryptocurrency is very fast when it goes up and down
- Some cryptos are actually worth more than gold but those are just some special individuals, if we underestimate gold from the point of view, it seems to be a subjective intuition to us. In addition, you also talk about the speed at which gold and crypto go up and down, the tendency for the speed of crypto to be too fast becomes a serious minus when we own several cryptos while the eternal lifespan and value of gold will reach a strong balance, there are so many types of comparisons and it is difficult to guarantee the validity of this matter
hero member
Activity: 1792
Merit: 536
Leading Crypto Sports Betting & Casino Platform
April 25, 2021, 12:33:26 PM
Yes it can. The whole crypto space is still new to this world. People started to recognise it as a asset. But not all crypto I am mainly taking bitcoin. And it's already a asset class for many people. And I think if more adoption come to the market. It can easily cross any other company and maybe gold is a hard target but who know what happened 10 yers later.

Speaking of new, I don't think that Cryptocurrency as a whole is old. I mean 2009 is still not a long time ago if we are talking about technologies that can be life changing. The blockchain technology is still in its infancy and would be able to accomplish so many things. And we would be able to see its adoption in many fields. Once that is done, it will propel cryptocurrencies much higher and those who were patient enough to accumulate coins in their lifetime would become richer than ever. Forget Gold, do crypto.
copper member
Activity: 1722
Merit: 1004
Campaign Management & Translation Service
April 25, 2021, 12:15:50 PM
Everyone has different opinion but for me gold is more valuable as there are no restrictions on gold in any country on the other hand crypto have some restrictions in the developed countries. Gold price is more stable than cryptocurrencies, there are many cryptocurrencies existing which has different prices some are profitable and some are scam so gold is always best and save investment. The comparison is wrong buy we can compare gold’s price with btc or eth.
member
Activity: 476
Merit: 12
April 25, 2021, 12:09:40 PM
There are thousands of cryptocurrencies, so is it difficult to say they are more valuable than gold?
To conclude it is necessary to invest the same amount of money at the specified time and time to answer the question of whether cryptocurrencies are more valuable than gold.
Depending on the different functions for cryptocurrency and gold to promote their application capabilities. So when comparing cryptocurrencies and gold, it's a heterogeneous comparison.
full member
Activity: 560
Merit: 105
April 25, 2021, 10:05:29 AM
of course for now cryptocurrency is more valuable than gold, because the benefits gained from investing in crypto have multiplied and the process in my opinion is very fast even though the risk is very high compared to gold
so that's why the price of cryptocurrency is very fast when it goes up and down
full member
Activity: 368
Merit: 101
April 25, 2021, 09:00:17 AM
Without any doubt I have a strongly confidence that cryptocurrencies will definitely more valuable than gold especially that cryptos now are getting more popular and attracts many corporations, companies and institutions, even millionaires and billionaires are being attracted by cryptos as well.
full member
Activity: 523
Merit: 100
April 25, 2021, 07:51:10 AM
The 2 trillion cryptocurrency market is so far away from the 10 trillion market. Cryptocurrency could cross the 10 trillion market as our prediction or some researcher. On the other hand, the cryptocurrency still doesn't fix the position at the 10 trillion market. As a cryptocurrency situation, I would suggest investing in cryptocurrency.
full member
Activity: 812
Merit: 100
April 25, 2021, 07:46:32 AM
I believe bitcoin has already exceeded the value of one kg of gold, however gold is a stable investment but with logistical storage problems instead bitcoin is a high-risk investment but easy to move and manage

I think that is right, bitcoin value is more than gold value because bitcoin demands is high in the market.
Although Gold value is far more stable than cryptocurrency, not all people want to invest on stable thing.
Some people prefer to invest on something volatile like cryptocurrency to gain more profit with the risk.
member
Activity: 1050
Merit: 10
Martian Swap - Anti Whale Measures New Yield Farmi
April 25, 2021, 02:40:28 AM
Yes it can. The whole crypto space is still new to this world. People started to recognise it as a asset. But not all crypto I am mainly taking bitcoin. And it's already a asset class for many people. And I think if more adoption come to the market. It can easily cross any other company and maybe gold is a hard target but who know what happened 10 yers later.
sr. member
Activity: 817
Merit: 250
April 23, 2021, 03:22:16 PM
Many investors say that bitcoin has properties like a yellow metal so that the crypto coin with the largest market capitalization value is dubbed the digital version of gold.  As a result, until recently the market had often compared gold with bitcoin and analyzed which assets could benefit larger investors.

 From the supply side, in fact, these two assets both have a limited supply.  The amount of gold available on Earth is limited and the rate of mining is relatively stable.  Meanwhile, bitcoin will only have 21 million coins spread across the world.  gold and bitcoin can complement each other's portfolio of investors to get bigger profits.
sr. member
Activity: 1204
Merit: 250
April 23, 2021, 03:00:52 PM
I dont think so, sure crypto can be more valuable than dollar, but not gold, because it is real value and you can exchange it on everything in the world and in all points in the world!
Yes, Gold is a real thing that can be seen directly and can also be exchanged in all places in everyone's environment, so in general it is clearly still more valuable because Gold is a precious metal that is liked by everyone, but if we look at it in terms of price then crypto is already much more valuable even though the risk is not as great as Gold.
full member
Activity: 728
Merit: 101
April 23, 2021, 10:49:58 AM
crypto can be very easy to be more valuable than gold in the future, because crypto's upward movement is much faster than gold, but gold has become a legal asset for the country or the world, while crypto has not gone that far, but I believe crypto can still be develop further
jr. member
Activity: 658
Merit: 1
April 23, 2021, 07:40:40 AM
I dont think so, sure crypto can be more valuable than dollar, but not gold, because it is real value and you can exchange it on everything in the world and in all points in the world!
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