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Topic: Can Crypto be more valuable than gold? - page 13. (Read 5086 times)

legendary
Activity: 2464
Merit: 2094
April 15, 2021, 05:05:55 PM
Cypto will be worth more than gold for certain at some point in time in the future. Are you talking of a specific coin or the whole market cap for all cryptos? I think even Bitcoin can go beyond gold's market cap.
Bitcoin is more valuable than gold, this is because bitcoin can't be controlled by the government and is different from gold. Decentralization is a price that can be labeled much better than gold. When bitcoin can provide financial management freedom for its users, that is where bitcoin is more valuable than gold in my opinion. In terms of value, one unit of bitcoin today is probably the equivalent of 1 kg of gold. But decentralization is the real price that users want.
sr. member
Activity: 713
Merit: 252
April 15, 2021, 04:56:34 PM
Cypto will be worth more than gold for certain at some point in time in the future. Are you talking of a specific coin or the whole market cap for all cryptos? I think even Bitcoin can go beyond gold's market cap.
full member
Activity: 1204
Merit: 162
April 15, 2021, 04:17:57 PM
It is always up to the people to decide what they will choose to be more valuable. But in our time now I think bitcoin is more advantageous or valuable than gold because we are in the digital age and most people will use bitcoin to speed up their transactions.
For the purposes of faster transactions, the choice is Bitcoin and that is very appropriate, but for long-term asset storage, there are three options that can be applied by everyone, first choosing Gold, second choosing a stable currency, and the third choosing Bitcoin can also be too risky if it doesn't get sold during a bear market.
Well it depends how long you plan to hold it. With crypto going to grow in next 5-10years it's better to hold BTC since for sure it will rise in value over bigger period of time.
sr. member
Activity: 1204
Merit: 250
April 15, 2021, 03:55:10 PM
It is always up to the people to decide what they will choose to be more valuable. But in our time now I think bitcoin is more advantageous or valuable than gold because we are in the digital age and most people will use bitcoin to speed up their transactions.
For the purposes of faster transactions, the choice is Bitcoin and that is very appropriate, but for long-term asset storage, there are three options that can be applied by everyone, first choosing Gold, second choosing a stable currency, and the third choosing Bitcoin can also be too risky if it doesn't get sold during a bear market.
full member
Activity: 1365
Merit: 107
Sugars.zone | DatingFi - Earn for Posting
April 13, 2021, 10:38:34 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?
It is always up to the people to decide what they will choose to be more valuable. But in our time now I think bitcoin is more advantageous or valuable than gold because we are in the digital age and most people will use bitcoin to speed up their transactions.
hero member
Activity: 1792
Merit: 536
Leading Crypto Sports Betting & Casino Platform
April 13, 2021, 08:52:52 PM
What I could think of is that right now, Bitcoin is competing with the precious metals like Gold and Silver for dominance in the market. Of course it is just a matter of time when Cryptocurrencies like Bitcoin and Ethereum will be dominating the market and will overtake the precious metals. But right now both coins are now being considered assets, digital assets that can be bought and hold for a profit. All we need to do is wait for a few more years for it to happen.
member
Activity: 854
Merit: 21
April 13, 2021, 07:36:27 PM
i think the answer to this depends on your definition of value.
Gold has always been a way to store value and just like real estate gold is capable of surviving even the most trying economic periods in the history of man.
cryptocurrencies however, can be seen as digital gold. 1 Bitcoin for example is currently prices more expensive than a standard bar of gold. i believe BTC to be more valuable and since the world is technically a digital world and cryptocurrencies still in their early phase, there is the possibility of cryptocurrencies making even bigger strides in the future.
So yes, i believe cryptocurrencies is more valuable than physical Gold.
hero member
Activity: 1218
Merit: 556
Leading Crypto Sports Betting & Casino Platform
April 13, 2021, 05:12:19 PM
BTC has limited supply compare to gold so BTC is definitely more valuable than gold or other metal assets. In span of more than 10 years crypto showed that it has intrinsic value (except shitcoins), the limited supply is very effective thats why people want more.

The limited supplies provide opportunities to those who believes that the value will grow for more,

comparing the 10 years span, crypto really brings huge profits for those early holders. Likewise, except with those shit coins, valuable assets inside crypto really made it happened and now more and more newcomers who are now investing around.
But the number of actual holders are small compare to short-term trader, hypers and fomo investors. However, They are the ones who run the market most crucial. The limited supplies also make cryptocurrencies more valuable compare with other form of currency.

I always dream of going back to the past and hold a bunch of bitcoin. Even with a small amount of money I had, I would have earned a huge profit by now
legendary
Activity: 2982
Merit: 1028
April 13, 2021, 01:39:34 PM
BTC has limited supply compare to gold so BTC is definitely more valuable than gold or other metal assets. In span of more than 10 years crypto showed that it has intrinsic value (except shitcoins), the limited supply is very effective thats why people want more.

The limited supplies provide opportunities to those who believes that the value will grow for more,

comparing the 10 years span, crypto really brings huge profits for those early holders. Likewise, except with those shit coins, valuable assets inside crypto really made it happened and now more and more newcomers who are now investing around.
full member
Activity: 1258
Merit: 104
April 13, 2021, 01:32:09 PM
For me both are different from each other. Gold is
asset that can show more powerful and wealth. Crypto is not acceptable in many countries. It is intengible also . But what market saying is anything can possible . Any time crypto can be more valuable than gold .
Crypto only cannot be seen physically or in real like gold, but crypto has been seen as valuable land by some people in the world even though it has not been approved by all countries in the world, so obviously this will be different when compared to gold.
sr. member
Activity: 1526
Merit: 420
April 13, 2021, 01:04:56 PM
BTC has limited supply compare to gold so BTC is definitely more valuable than gold or other metal assets. In span of more than 10 years crypto showed that it has intrinsic value (except shitcoins), the limited supply is very effective thats why people want more.
sr. member
Activity: 1204
Merit: 250
April 13, 2021, 12:41:23 PM
Gold currently has more utilities than crypto ( tech, drugs, accessories...), and the limited quantity of availability makes the gold is more valuable for the moment but it started to change, with DeFi cryptocurrencies are starting to have more utilitiees and will certainly soon dethrone gold.
Gold will not abdicate because in general Gold is still considered a precious precious metal and that regardless of its availability, in contrast to cryptocurrencies whose supply sometimes counts itself in the circulation of the market, so its use will obviously be different because some people still consider Gold it as adornment for itself.
legendary
Activity: 1862
Merit: 1015
April 11, 2021, 06:49:07 PM
For me both are different from each other. Gold is  asset that can show more powerful and wealth. Crypto is not acceptable in many countries. It is intengible also . But what market saying is anything can possible . Any time crypto can be more valuable than gold .
Both are different but the same, different from Value and form, crypto is very volatile whereas gold is not, crypto is digital gold, gold is gold in the real world, has a physical form. But they are the same, both can store currency values.
Accepted or not in many countries, crypto still exists today, even the price has increased very high, and is starting to be recognized as an alternative to payment other than fiat.
newbie
Activity: 20
Merit: 0
April 11, 2021, 05:43:03 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?
Gold currently has more utilities than crypto ( tech, drugs, accessories...), and the limited quantity of availability makes the gold is more valuable for the moment but it started to change, with DeFi cryptocurrencies are starting to have more utilitiees and will certainly soon dethrone gold.
full member
Activity: 1022
Merit: 100
$CYBERCASH METAVERSE
April 11, 2021, 04:30:40 PM
For me both are different from each other. Gold is
asset that can show more powerful and wealth. Crypto is not acceptable in many countries. It is intengible also . But what market saying is anything can possible . Any time crypto can be more valuable than gold .
full member
Activity: 812
Merit: 101
April 11, 2021, 02:58:56 PM
At the moment the market estimates 1 kg of gold is cheaper than 1 bitcoin!
But don't be crazy about it because gold has been valued by humanity throughout life and this wont change in the future.

true, gold has indeed become a luxury item and has long been one of the objects in assessing one's caste, gold is also used as a symbol of wealth or power, indeed 1kg of gold is currently estimated to be worth less than bitcoin, but humans will never forget gold
full member
Activity: 756
Merit: 100
April 11, 2021, 11:58:26 AM
Everything can happen in the world of Crypto, even if crypto will be more valuable than gold, then it is very possible in the future, especially when it is driven by the development of an increasingly modern era, it is very possible for crypto to continue to develop in the future.
sr. member
Activity: 1204
Merit: 250
April 11, 2021, 10:07:26 AM
Yes. It has surpassed the value of Gold ever since Bitcoin marked its first-time USD60k price. But due to volatility, Bitcoin price is not yet stable as compared to Gold. Crypto is a good investment though but with a very high risk as prices tend to increase and decrease. The good thing about crypto is you can earn more as prices are extremely high during bull market unlike Gold, Gold doesn’t increase the price too much over time.
It is very clear, in terms of the benefits that can be obtained by everyone, obviously only in crypto, but in a more stable asset storage, everyone can choose the golden option in that case, because storing assets in crypto is still very risky of losing if a bear market occurs in a long time, regardless of the bullish conditions anyone can benefit at the same time.
full member
Activity: 854
Merit: 100
April 10, 2021, 10:13:27 PM
Of course crypto can. Maybe at this time there are still many who are aware of this, but I believe that in the near future many people will shift their investment from gold to cryptocurrency.
full member
Activity: 468
Merit: 100
Experience the Future of DeFi
April 10, 2021, 07:31:35 PM
When i was entre on market bitcoin was 4000+$ and gold was a stable price now bitcoin is 60000+$ price but gold is not increases price compare with bitcoin or other coin so i think bitcoin or top 10 coin can more valuable from gold i agree this topic.
The increase in Gold occurs gradually and often also stays at the same price for a long time, so that some people think that Gold does not have price movements, even though there are clear price movements, but only in a very small size, in contrast to cryptocurrencies that are price movements tend to be sharp and can even be 100X in one year.

Yes. It has surpassed the value of Gold ever since Bitcoin marked its first-time USD60k price. But due to volatility, Bitcoin price is not yet stable as compared to Gold. Crypto is a good investment though but with a very high risk as prices tend to increase and decrease. The good thing about crypto is you can earn more as prices are extremely high during bull market unlike Gold, Gold doesn’t increase the price too much over time.
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