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Topic: Can Crypto be more valuable than gold? - page 21. (Read 5103 times)

member
Activity: 266
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Sovryn - Brings DeFi to Bitcoin
January 18, 2021, 07:23:35 AM
Crypto is very likely to be more expensive and preferable, but I don't think it's possible to be more valuable than gold. Traditional investors as well as the government/state even make gold a state reserve where it is a high level of confidence in an asset
Gold is more reliable and less Profitable when put side by side to crypto, bitcoin is now more valuable than gold but it's highly volatile, there is a big difference here, another point of mine is gold is not as scarce as bitcoin, we already know bitcoin max supply but not gold, it's why bitcoin beats gold already
legendary
Activity: 1274
Merit: 1000
January 18, 2021, 07:16:54 AM
Crypto is very likely to be more expensive and preferable, but I don't think it's possible to be more valuable than gold. Traditional investors as well as the government/state even make gold a state reserve where it is a high level of confidence in an asset
sr. member
Activity: 1204
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1xbit.com
January 18, 2021, 07:11:11 AM
I think Gold will not be replaced by anything, including bitcoin,
if people say Bitcoin will be worth better than gold, I deny that, because the two are clearly very different.

You are wrong my friend.
Your mindset is like old people.
Now a days people want easy profits in less amount of time.
Thereby the prefer stock market and crypto tradings over holding gold as an asset.
And guess what i too follow the same trend.
Yes i know the opinion on this topic will vary from person to person.
hero member
Activity: 1005
Merit: 502
Sovryn - Brings DeFi to Bitcoin
January 18, 2021, 06:51:34 AM
Of course, crypto is more valuable than gold.
Look at the price of bitcoin.
It is now 19000$. In 2008 it starts its journey. How much price pump do you think ever.
Look at gold.
It is not pump like bitcoin.
And also the demand of crypto is increasing day by day.
I don't think it is aa simple as comparing the performance of gold and bitcoin in the last 5 years . It may very well go on  to become more valuable but it certainly has a long way to go and a long time (centuries) to survive.
member
Activity: 153
Merit: 10
January 18, 2021, 06:15:50 AM
Crypto is more valuable than gold is possible. Gold couldn't be used or invest or not do anything with it instantly.  But on the other hand, the liquidity of crypto is much higher. A lot can be done with it. And we think so, crypto will be brighter in the future. So, we can say that Crypto is more valuable than gold.
sr. member
Activity: 910
Merit: 253
Hodlers Network
December 16, 2020, 03:21:26 PM
For me Crypto can be important than gold is conceivable but exceedingly relative as well. What I implied isn't, all crypto will be more profitable than gold, they are exceptionally few and it begins from Bitcoin and few other altcoins those group are genuine and conscious of long run. Whereas those whose team as it were cares approximately fast benefit and their pockets won't go far nor indeed be working within the close future. So having that mentality, one has to use caution of the ventures to contribute in, on the off chance that you're future cognizant at that point adhere to reliable cryptocurrencies.
legendary
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SellDefi.com | Earn by selling files
December 16, 2020, 08:11:25 AM
Speculative value is quite high in case of crypto. And crypto seems great for short term investment and profit. But gold is always a good investment with stable value, sustained demand. Crypto is more risky and often pays higher rewards. But in future, crypto will be more valuable, in my opinion
full member
Activity: 1526
Merit: 110
December 16, 2020, 07:20:09 AM
I must put Gold ahead when comparing Crypto and Gold. Because there is no country in the world where Gold is not accepted but there are still many countries in the world where Crypto is not accepted. When the whole world is illuminated by the light of cryptocurrency, then crypto must surpass Gold.
sr. member
Activity: 882
Merit: 269
December 16, 2020, 06:59:36 AM
crypto has a fluctuating price whereas gold has a stable price. it all depends on their respective views, there are still many people who don't know crypto and still think that gold is more valuable but for those of us who already know crypto and invest, of course, will think that crypto is more valuable
If we are honest, for safe haven assets, gold is certainly better than Crypto, but if you want to get profit from price fluctuation cycle then Crypto is the right choice, with Volatile prices we can get profit when trading. Gold is suitable for long-term investment because your assets not changing, but stable.
The mere thing about gold was it is a stable investment and you rest assured that even if you keep it for a long time it still has a value while having cryptocurrency will definitely give you a profit even a high profit depend on how you would play your investment but of course a higher risk comparing to have a gold. But today no doubt that having a cryptocurrency accnt and has a coin in it was priceless to be considered.
full member
Activity: 369
Merit: 101
December 16, 2020, 06:44:27 AM
Gold is pretty stable now and one of the most known asset in the world for a long time, well I'm not quite sure how you would compare both was it based on price? 1 gold can be vary depends on its weight and crypto is based on number well what I know is that both of them are valuable.
full member
Activity: 798
Merit: 134
December 16, 2020, 03:52:48 AM
this is just the beginning of crypto currency note that Gold has been in existence so with time crypto would be value same way.
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★777Coin.com★ Fun BTC Casino!
December 16, 2020, 03:03:44 AM
crypto has a fluctuating price whereas gold has a stable price. it all depends on their respective views, there are still many people who don't know crypto and still think that gold is more valuable but for those of us who already know crypto and invest, of course, will think that crypto is more valuable
If we are honest, for safe haven assets, gold is certainly better than Crypto, but if you want to get profit from price fluctuation cycle then Crypto is the right choice, with Volatile prices we can get profit when trading. Gold is suitable for long-term investment because your assets not changing, but stable.

Both have its own advantages and need to allocate some percentage to your portfolio for both gold and crypto. Neither both can be replaced by each other but just in terms of returns Bitcoin has a better return possible due to its volatility not undermining the risk too involved is much higher.


member
Activity: 308
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December 16, 2020, 02:51:05 AM
If we are honest, for safe haven assets, gold is certainly better than Crypto, but if you want to get profit from price fluctuation cycle then Crypto is the right choice, with Volatile prices we can get profit when trading. Gold is suitable for long-term investment because your assets not changing, but stable.
Yes, I agree with you in that of which gold is more safer as an asset or an investment compare to bitcoin or other cryptocurrency. However, because people do want quick or instant like instant noodles, instant cafe and instant earnings then this is why people are chosing cryptocurrency rather than gold. Gold is a traditional form of investment and there is nothing wrong holding to it that even myself would be love doing it.
hero member
Activity: 1442
Merit: 510
December 16, 2020, 02:38:45 AM
crypto has a fluctuating price whereas gold has a stable price. it all depends on their respective views, there are still many people who don't know crypto and still think that gold is more valuable but for those of us who already know crypto and invest, of course, will think that crypto is more valuable
If we are honest, for safe haven assets, gold is certainly better than Crypto, but if you want to get profit from price fluctuation cycle then Crypto is the right choice, with Volatile prices we can get profit when trading. Gold is suitable for long-term investment because your assets not changing, but stable.
jr. member
Activity: 319
Merit: 1
December 15, 2020, 11:41:44 PM
Of course, crypto is more valuable than gold.
Look at the price of bitcoin.
It is now 19000$. In 2008 it starts its journey. How much price pump do you think ever.
Look at gold.
It is not pump like bitcoin.
And also the demand of crypto is increasing day by day.
full member
Activity: 1330
Merit: 147
December 15, 2020, 04:52:05 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?
Have you compare bitcoin and gold price? Is there a difference in price?

Bitcoin price now is traded above $19.000 per one bitcoin and gold is currently traded below $2000 per ounce.

So, what do you think? which one is more valuable? I think we don't need to wait for long time to see which one is more valuable because bitcoin is more valuable.
full member
Activity: 378
Merit: 101
December 15, 2020, 04:46:02 PM
of course you can, crypto will be more valuable than gold, just look at the price of bitcoin that continues to increase, and now a lot of new investors are plunging into crypto.  so the possibility of crypto future will be bright and can beat gold, I myself prefer to invest in crypto than gold. make me gold is just jewelry.
full member
Activity: 589
Merit: 102
December 15, 2020, 04:21:57 PM
crypto has a fluctuating price whereas gold has a stable price. it all depends on their respective views, there are still many people who don't know crypto and still think that gold is more valuable but for those of us who already know crypto and invest, of course, will think that crypto is more valuable
full member
Activity: 862
Merit: 100
December 15, 2020, 04:09:32 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?
Bitcoin beats gold already, the whole marketcap beats gold, since many years now many entities have compare gold with bitcoin and truth speaking bitcoin is digital gold, this worth have been proven many times before, bitcoin have died hundreds of time before and it's still coming back alive

Gold is in price at all times, only once in history was that silver was worth more than gold. Bitcoin is an unstable currency compared to gold, but it makes sense when you buy cheap and sell expensive, and gold is a hard currency, you won't earn much on it.
jr. member
Activity: 68
Merit: 7
December 15, 2020, 02:53:22 AM
Hi,

I believe that each one has its place, cryptocurrencies unlike Gold` is a non-tangible asset with its immediate exchange advantages.

There are things that you can logically or not do with cryptocurrencies, gold by history has always kept an exclusive financial place due to its physical properties.

I leave this link where these two assets are discussed in more depth.


https://www.investopedia.com/news/should-you-buy-gold-or-bitcoin/


Regards,
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