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Topic: Can Crypto be more valuable than gold? - page 17. (Read 5103 times)

sr. member
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BitByte Crypto: https://link3.to/bitbytecrypto
February 26, 2021, 09:34:45 AM
Seeing the current rocket growth of cryptocurrency, i guess what you are imagining, will be happened but need a lots of time, maybe 50 years.

It's quite a high time for crypto industry or any kind of industry. TBH, it won't take that much time because there will be more development in this field and sooner or later, people all around the world, will be able to use bitcoin or any potential coins as a payment gateway and every industry will adopt it. So, it's ture that crypto is needed more time from what we expect, but 50 years timeline isn't suitable for this as crypto become more popular within a decade. As a result, we might need to wait for another decade, IMHO.  Wink
hero member
Activity: 938
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February 26, 2021, 04:29:03 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?

This topic is quite discussed and in my opinion the only cryptocurrency that has a real chance to become more valuable than gold is Bitcoin.
This is because there is a limited quantity of it and at some point the demand may become much higher than what is available on the market. Apart from this fact, I do not think that any other coin can surpass gold.
jr. member
Activity: 184
Merit: 1
February 26, 2021, 03:37:03 AM
Crypto is more valuable than Gold right now. To be specific, Bitcoin (BTC) is more valuable than Gold. The main thing about this is that BTC has a fixed number of supply thats why its price will continue to rise. Volume will keep rising.

Now cryptocurrency market raise and many people use crypto for investment perposes.
But a lot of depends how useful altcoin will be in future. It is very important to create demand in the token that its price would raise in future.
There are ecological projects that help to protect nature from pollution. Here is information about it https://moss.earth/blog/
It is very important to protect a nature and many people start to understand this. I think that the demand in carbon credits will raise in future because it is very important to protect nature from CO2 emission and fight with global warming.
legendary
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Leading Crypto Sports Betting & Casino Platform
February 26, 2021, 03:19:35 AM
This may be a possible when the cruptocurrency will be popular as a gold. When crypto will to demonstrates himself productivitie, then value of him should be as a gold.

Nowadays, it looks like crypto is becoming an investment option that competes with gold. even people like Elon Musk are interested in investing in bitcoin over gold. In terms of price, I think Bitcoin or some altcoins can be aligned or exceed the current gold price. however, crypto developments are still happening.
hero member
Activity: 1470
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No more Rekt and Bust
February 25, 2021, 04:16:33 PM
Crypto is more valuable than Gold right now. To be specific, Bitcoin (BTC) is more valuable than Gold. The main thing about this is that BTC has a fixed number of supply thats why its price will continue to rise. Volume will keep rising.
You are definitely right cryptocurrencies are more valuable than gold. BTC price is 28 times higher than the gold price. That is right there is only one cryptocurrency whose price is higher than Gold. But ETH price is near to gold price. On the other hand, altcoins have more potential to be better in the future. No doubt we will see it in the near future. Cryptocurrencies will be more interesting and of course profitable than Gold, these currencies give us more opportunity.
jr. member
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February 25, 2021, 04:03:35 PM
Indeed this is conceivable in light of the fact that the cost of crypto currency prices  is expanding and increasing dramatically however the cost of gold is expanding gradually and in some cases it begins diminishing and the main things is digital money can put away carefully yet in gold you need to keep it actually which is hazardous once in a while
member
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February 25, 2021, 03:50:37 PM
As we know  People accept crypto will be brighter within the future. But it is additionally conceivable that there will still be individuals who hold gold since its esteem is protected. There will be individuals who adhere to crypto. So everything comes back to the choice of each individual. I think, crypto as more than gold. Since the benefits can be gotten distant more prominent than gold,Now a days also going more popular around the globe.
full member
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PredX - AI-Powered Prediction Market
February 25, 2021, 03:39:18 PM
Seeing the current rocket growth of cryptocurrency, i guess what you are imagining, will be happened but need a lots of time, maybe 50 years. During that time currency market need to spread itself worldwide.Right now cryptocurrency reach to many people but larger number of people are still disconnected with crypto market. After 50years later, world will br advanced and then if people would use Crypto, then possible for crypto to be more valuable than gold
hero member
Activity: 1442
Merit: 535
February 25, 2021, 02:55:22 PM
This may be a possible when the cruptocurrency will be popular as a gold. When crypto will to demonstrates himself productivitie, then value of him should be as a gold.
member
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February 25, 2021, 01:10:27 PM
This is immortal topic. BTC and Gold are too different assets but someone always trying to compare them. Gold is physical and it will always be a beautiful valuable asset mostly used for wealthy pretty-pretties. BTC is in advance vs gold over a long time ago and its price at cryptoexchanges is really terrific.
hero member
Activity: 1442
Merit: 535
February 17, 2021, 02:33:44 PM
It is a big crypto question. Maybe market will to suggest a chance to this opportunity. We will see it in nearest future. The same market of gold is also fixed, but not so volatil.
legendary
Activity: 1974
Merit: 1150
February 17, 2021, 11:24:36 AM
After gaining immense popularity and being accepted by several countries, cryptocurrency has a bright future that is even more valuable than gold. Although gold and cryptocurrency have their respective communities, but the difference between the two is very far, we can do a lot of things with cryptocurrency, and we can get more profit than gold.
Gold is still one of the main currencies used in general throughout the world and has been used extensively in human civilization for a long time. Having a physical form can be used anywhere as a medium of exchange, becoming a valuable asset even if there is no internet connection. Although gold can still fluctuate, this can be controlled and it is very possible that the price cannot move freely like bitcoin or cryptocurrency.

Cryptocurrency especially Bitcoin come with a number innovation that may differ from common currencies. Bitcoin is accepted as a mean of payment and has an exchange rate that is directly influenced by trust, acceptance, demand and supply. Bitcoin has no physical form, but durable, interchangeable, rare, divisible, and recognizable and is more likely to be a currency over which the authorities cant control. Its decentralized nature makes it a trading currency and asset that may be much more valuable than centralized currencies. Price can move freely and depend on supply and demand. We know that bitcoin and cryptocurrencies can still be considered much better than other currencies when measured by their innovation as currencies.

but if the problem of security is better to invest in gold and a few cases that always exist in crypto such as breaching assets that are too easy..
The most common weakness of Bitcoin occur due to user error itself, you should know about this. Failure to practice security measure will make you a victim. It is common for your important data to be accidentally deleted, lost, or stolen. But you have to realize that you can still find ways to properly secure your wallet and asset.
full member
Activity: 1260
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SOL.BIOKRIPT.COM
February 17, 2021, 10:57:34 AM
if crypto is more valuable my answer is, yes ..
but if the problem of security is better to invest in gold and a few cases that always exist in crypto such as breaching assets that are too easy..
sr. member
Activity: 1456
Merit: 280
BitByte Crypto: https://link3.to/bitbytecrypto
February 17, 2021, 10:42:52 AM
The main thing about this is that BTC has a fixed number of supply thats why its price will continue to rise. Volume will keep rising.

This is the main thing will makes Bitcoin more valuable than other assets or things. Sooner or later, bitcoin will be the most expensive things than others in this world and it's just about time. Those who're sold out their bitcoins for not buying at that price when bitcoin was only on digit, now they're regretting for that. Eventually, we might do the same thing in future if we don't start to buy at dip , even it's not that much late to do so. Also, fundamentally Bitcoin is the best digital GOLD.
hero member
Activity: 1372
Merit: 500
February 17, 2021, 10:32:57 AM
After gaining immense popularity and being accepted by several countries, cryptocurrency has a bright future that is even more valuable than gold. Although gold and cryptocurrency have their respective communities, but the difference between the two is very far, we can do a lot of things with cryptocurrency, and we can get more profit than gold.
hero member
Activity: 1974
Merit: 534
February 17, 2021, 10:01:59 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?
For many people, cryptocurrency is already more valuable than gold.
One thing is clear that gold wont disappear and gold wont be used to pay for small services and goods.
Cryptocurrency is the future!

I think crypto currencies is for us what Gold was for our parents and grand parents. The older generations needed something to touch and store at home or in a bank locker. Without a physical asset they wouldn't feel safe. Our generations don't really need that anymore, most of my friends if they invest into gold they just buy an ETF or commodity fund. There is no real demand for physically owning gold anymore. So if you just own it on paper than there is no real difference anymore between bitcoins or gold.
sr. member
Activity: 1064
Merit: 300
February 17, 2021, 09:17:07 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?
For many people, cryptocurrency is already more valuable than gold.
One thing is clear that gold wont disappear and gold wont be used to pay for small services and goods.
Cryptocurrency is the future!
member
Activity: 669
Merit: 10
February 17, 2021, 09:10:45 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 ,, for now the price of digital currency is more popular than the price of gold. The price of gold has decreased since digital currency was more popularized. we expect future digital currency values to exceed current prices
I don't think the drop is very significant so it doesn't look like it will be a serious problem,
what is certain is that for me gold is still a profitable investment and is much safer than cryptocurrency,
and in fact gold is still popular with everyone,
so it seems that there is nothing to doubt about gold
member
Activity: 896
Merit: 17
February 17, 2021, 04:41:31 AM
If you consider that the capitalization of gold is about $ 9 trillion. and bitcoin is currently $ 950 billion. then with such growth rates, bitcoin has every chance to overtake gold in terms of capitalization in the next 10-20 years, and there is something to strive for.
full member
Activity: 1246
Merit: 103
February 17, 2021, 04:30:33 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 ,, for now the price of digital currency is more popular than the price of gold. The price of gold has decreased since digital currency was more popularized. we expect future digital currency values to exceed current prices
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