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Topic: Can Crypto be more valuable than gold? - page 24. (Read 5086 times)

full member
Activity: 983
Merit: 100
November 12, 2020, 10:49:26 AM
Bitcoin is already more valuable and stronger than gold, it's one of the reasons why bitcoin is slowly growing higher recently, it shows that the world have finally understanding what Bitcoin is capable of, the pandemic period have shown that Bitcoin isn't a joke and its more capable than even world stock market, the sky is the limit for Bitcoin from now on
Yes, and this is a very extraordinary thing for bitcoin because it has shown the world that it is truly strong in the crypto market and can virtually beat others, so it would be natural that many people now salute Bitcoin.
full member
Activity: 1610
Merit: 102
November 12, 2020, 10:44:27 AM
Cryptocurrency is very promising and it has a bright future. Cryptocurrency is considered to be one of the latest innovations of the present time and a medium of exchange in the future. Many countries around the world have already allowed the use of cryptocurrency and many well-known companies are conducting their business transactions through it. Several cryptocurrencies, including Bitcoin Ethereum, have already gained considerable popularity, and their current value has multiplied many times over the time of their invention. If you think about the return on investment, some cryptocurrencies, including Bitcoin Ethereum, have risen in value over a period of time, more than the price of gold. So it can be told that crypto can be more valuable than gold.
hero member
Activity: 1792
Merit: 536
Leading Crypto Sports Betting & Casino Platform
November 12, 2020, 10:39:40 AM
From my point of view, it all depends on utility of commodities and crypto. At the moment, gold investment I'd way more than crypto. There are people who stlll loves physical handling of the asset than digital.but as you said, cryptocurrencies provides transparency over gold and other commodities. Another side is that cryptocurrencies has attracted so many scammers, whereas later has very less chances of getting scammed.

I would agree on this one due to the nature of gold and other precious metals that can be bought as part of your investment. Gold has been around with us for a long long time and has been proven a good investment on any time period, compared to cryptocurrencies that I think is only valuable in our current time period due to our dependence of high technology like computers and advanced communication like the internet and satellites. Better if you can diversify your assets rather than invest them all in one basket of investment.
member
Activity: 784
Merit: 21
November 12, 2020, 10:37:09 AM
Bitcoin is already more valuable and stronger than gold, it's one of the reasons why bitcoin is slowly growing higher recently, it shows that the world have finally understanding what Bitcoin is capable of, the pandemic period have shown that Bitcoin isn't a joke and its more capable than even world stock market, the sky is the limit for Bitcoin from now on
full member
Activity: 1946
Merit: 112
November 12, 2020, 10:28:38 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?

To answer your question, you just need to remember a little history. We have known about gold for a long time and most people know the value of gold. As for cryptocurrencies, this is a new type of asset and few people know about it yet. Moreover, in addition to information, you also need trust and application. These two factors have also long been used for gold, but for cryptocurrencies, this is just the beginning. Everything will depend on these factors, which I indicated above. In any case, gold is now a safe asset, and probably some cryptocurrencies such as BTC.
full member
Activity: 910
Merit: 100
November 12, 2020, 10:11:29 AM
Gold currently has almost the same momentum as bitcoin. I think bitcoin can never beat gold. after several countries announced a recession, gold's position became even stronger. In addition, gold is also more stable, making it a safer investment

gold also has volatility, although gold investment is a safe way,
but gold increases are not like increases in crypto currencies, gold is usually only for storing fiat money but in the form of gold,
full member
Activity: 854
Merit: 140
November 12, 2020, 09:28:56 AM
I think Crypto can be more valuable than gold if many investor make investment in bitcoin and altcoin than keep many good coin for the future without launch with scam coin like DeFi, will give more interested from investor to use bitcoin as their investment assets for the future, although I know how Gold is the best investment in precious metals at this time and the price continues to rise from time to time. But many investor wanna increase money faster and bitcoin and altcoin become best solution way how could growing up on higher price than gold, just know the timing when you have invest on bitcoin or altcoin.
legendary
Activity: 1274
Merit: 1000
November 12, 2020, 08:09:01 AM
Gold currently has almost the same momentum as bitcoin. I think bitcoin can never beat gold. after several countries announced a recession, gold's position became even stronger. In addition, gold is also more stable, making it a safer investment
newbie
Activity: 19
Merit: 0
November 12, 2020, 04:53:00 AM
I keep the majority of my portfolio in gold but who knows.. gold definitly the safer option tho  Grin
member
Activity: 490
Merit: 19
November 12, 2020, 04:40:53 AM
Bitcoin already has more value than gold presently and still climbing up, so far bitcoin have win over gold and it's easier to see, go on coinmarketcap you will see the worth of all crypto marketcap, I don't think gold stands a chance
full member
Activity: 1638
Merit: 122
November 12, 2020, 04:33:56 AM
Volatility belongs to crypto but for gold it's another story, so how can we compare gold with something that can or may lose its value in just an hour? There you have it, crypto is too unstable and gold is way more stable though bitcoin is near identical in performance
volatility is not being ask but its if who is more valueable . we dont need to think hard to answer this  . btc has more value than gold and its still growing . we can compare gold to other characteristics of btc aside from volatility , number one is the price and their supply.  i didnt knew if how much supply gold have but ill say that its unknown but the supply can be lesser now compare to before because miners now are having a dfficult time to mine a gold.  you cant say they are identical in performance because btc has more use than gold , does gold can be use for online shopping and gambling ?
newbie
Activity: 92
Merit: 0
November 12, 2020, 04:14:53 AM
Yes in recent trends, financial institutions take so much interest in bitcoin and block chain some of them are investing in it which is a good indication of crypto industry. Yes crypto will be more valuable in upcoming years because of mass adoption and due to its Limited supply.

member
Activity: 252
Merit: 29
Sovryn - Brings DeFi to Bitcoin
November 12, 2020, 03:59:39 AM
Hmm good question mate, I can't think of any coin that's on par with gold right now than bitcoin but Bitcoin can lose value faster than gold, how about CBDC? Since they will be stable and no volatility? Hmm that won't work either since they aren't more valuable, they will forever remain the same, the answer you seek is BITCOIN
member
Activity: 518
Merit: 30
$CYBERCASH METAVERSE
November 12, 2020, 03:32:34 AM
Volatility belongs to crypto but for gold it's another story, so how can we compare gold with something that can or may lose its value in just an hour? There you have it, crypto is too unstable and gold is way more stable though bitcoin is near identical in performance
full member
Activity: 546
Merit: 101
#SWGT PRE-SALE IS LIVE
November 12, 2020, 03:27:38 AM
It is difficult to say that the value of crypto will be higher than that of gold. Yes maybe the crypto system is strong in the market because of its good quality to the investors who use it, but let’s not belittle the value of it because gold is really a good kind of investment in any kind of time.
member
Activity: 224
Merit: 18
Sovryn - Brings DeFi to Bitcoin
November 12, 2020, 02:18:11 AM
I don't think that crypto will be more valuable than gold but Bitcoin can make this happen some day, that's if it breaks the 20k last ATH and hit a new ATH then atleast it will be recorded in history, but since bitcoin and other coins are high volatility that's a big difference here, gold isn't highly volatility like crypto
True,  real gold don't lose value like volatility, real gold is more stable but all crypto projects are highly volatile, so even if Bitcoin surpass gold and reach 100k per BTC it makes no difference if it goes down again, this volatility is the reason why we can't compare gold to crypto
member
Activity: 196
Merit: 12
November 12, 2020, 02:14:58 AM
I don't think that crypto will be more valuable than gold but Bitcoin can make this happen some day, that's if it breaks the 20k last ATH and hit a new ATH then atleast it will be recorded in history, but since bitcoin and other coins are high volatility that's a big difference here, gold isn't highly volatility like crypto
hero member
Activity: 1005
Merit: 502
Sovryn - Brings DeFi to Bitcoin
November 12, 2020, 02:11:25 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?

I don't think this is something that's gonna happen anytime soon.unless each and every government decides to use digital currency and you decide to call it crypto .
Gold has been there practically since the start of civilization and crypto is 12 years old so it's not a fair comparison.
copper member
Activity: 238
Merit: 0
MYID
November 12, 2020, 01:55:29 AM
It is very unreal that you compare crypto with the Gold. As everybody knows that Gold has the same value in the mind of the person in every country and it is not only physical but virtual also. Cryptoscan't be valuable in comparison to any fiat or any commodity like Gold.
sr. member
Activity: 854
Merit: 264
Crypto is not a religion but i like it
November 12, 2020, 01:29:38 AM
The most obvious and most correct answer is of course not.
Do you even understand the difference between the value of cryptocurrency and gold?
in that gold is valuable in itself-without additional external influences and fraud. Gold is used in industry, electronics, and other technical things. Even your phone or computer has some gold in it.
Where are cryptocurrencies used? On the exchange, in the process of speculating one worthless (in fact) active to another.
You are trying to compare the incomparable and do not want to even think about it.
Enough, please. Don't show yourself more stupid than you are.
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