The supply of Bitcoin is transparent indeed, but not all cryptocurrency are like that.
Some of them are not defined, like Ethereum for example, it has no max supply. My point is, cryptocurrency is very valuable not just because it is transparent, but it is also because decentralized.
Topic: Can Crypto be more valuable than gold? - page 28. (Read 5103 times)
As the cryptocurrency community, I must be optimistic that someday crypto can be more valuable than gold.
Even we're from the cryptocurrency community, be optimistic about something that can't happen is a bit unrealistic. Gold is vastly different than crypto. If there are the gold-backed token that still requires real gold to function properly then you can already see the difference of gold and crypto.But in the next few years, I am sure many people will realize that crypto is more valuable than gold.
I think crypto still has a long way to goes and it doesn't need to be the next gold or have more valuable than gold next in the next few years. What many people need to realize that crypto will change the way of how currency work, gold, and fiat will be outdated in the future. 
maybe this coin can answer your question (YFI). This is a coin that has a much higher price than bitcoin, and is listed in various markets. This is a coin that has a very high price, even if you find out about the highest price, it is extraordinary. I hope the price of bitcoin can be like that. however, it is much higher than gold.
You should not only look at the price of one coin, but also look at the capitalization of all issued coins. The capitalization of YFI is 720 million dollars, the capitalization of bitcoin is 190 billion dollars. I think the numbers speak for themselves.
It might be that in the public some crypto currencies are more valuable than gold, say the bitcoin for example. But the thing about crypto is that it is too unstable, its in the top of the market now but its anyones guess if it stays there or if it dies, unlike gold it doesnt plummet to the depths of value randomly, but through out time gold stayed and becomes even more valuable. What im saying is, crypto might seem like above gold but its unsable and no one knows when itll turn to nothing.
Things value are decided on their need and demands.As much it has demand on people,the rate will increase and at the case of crypto vs gold.Bitcoin ethereum's values had already defeated the gold price.Extra activities will pay extra surely.
Bitcoin is the most scare asset in the universe. I think bitcoin is more valuable than gold in many aspects. Just an opinion.
In short, Bitcoin and cryptos in general are not more valuable nor less valuable than gold. They are different entities entirely which serve a very different purpose than gold does.
Cryptocurrency (bitcoin) will be more valuable than gold in the nearest future because gold has been existence for ages. Bitcoin has just be one decade and has performed incredibly well beyond many cryptocurrency enthusiasts, am very much surprise the level this Bitcoin has gotten to, hope to see good result from Bitcoin. I rather make my investment into bitcoin than to make my investment into gold. Cryptocurrency will be more valuable compare to gold In few years to come.
You can only call bitcoin the gold of the 21st century with a great desire. At the moment, bitcoin and gold can't be compared. Go to any person and ask if they need gold, with a 99% probability they will answer "Yes". Do the same with bitcoin, and in 50% or more cases you will hear the answer "what is it?".
Then that means it'll heavily depends on the person we ask whether they are knowledgeable about bitcoin or not. I'm 100% sure people want gold just because it can be sold not because people really need it because in my opinion gold is just a stone and really have no use other than storing value because human kind have come to agree it has value.even out there some people are exchanging their crypto for gold and other way around means it could be considered that both gold and bitcoin could be compared value wise.
People want gold because everyone knows that it can be sold for any currency or exchanged for any value. Many people have not heard of bitcoin at all, and do not know not only how it can be sold, but also that it is generally of some value.
and in my opinion, before becoming Hype, this is certainly a good opportunity to collect it
You can only call bitcoin the gold of the 21st century with a great desire. At the moment, bitcoin and gold can't be compared. Go to any person and ask if they need gold, with a 99% probability they will answer "Yes". Do the same with bitcoin, and in 50% or more cases you will hear the answer "what is it?".
Then that means it'll heavily depends on the person we ask whether they are knowledgeable about bitcoin or not. I'm 100% sure people want gold just because it can be sold not because people really need it because in my opinion gold is just a stone and really have no use other than storing value because human kind have come to agree it has value.even out there some people are exchanging their crypto for gold and other way around means it could be considered that both gold and bitcoin could be compared value wise.
People want gold because everyone knows that it can be sold for any currency or exchanged for any value. Many people have not heard of bitcoin at all, and do not know not only how it can be sold, but also that it is generally of some value.
Cryptos already being more valuable then gold but still cannot challenge the whole gold market in the world. So i think cryptos can still grow bigger then gold if only peoples accepting the use case for cryptos. Just like gold was almost all in the world like gold so we hope someday everybody will like cryptos then gold.
when crypto totally adopted in any stores like gold crypto could compete the gold value. it will create demand to cryptocurrency from any merchants that use crypto as their payment. adoption still be the key for crypto now, and many project build usefull product that can applied in our real life.
Gold is stable, not like crypto that volatile, this is can be compared. almost no risk when you buy and keep gold as your asset, but in crypto, you will always worry with the price because crypto is unstable like gold.
But in the future, people will need crypto as their moving asset to replace fiat, this is how crypto will overtake gold as old asset.
But in the future, people will need crypto as their moving asset to replace fiat, this is how crypto will overtake gold as old asset.
Gold and Crypto are completely different, so you cannot compare them. If you buy gold your assets will always be safe and it will go up in the long run, with less risk when you invest in them. But if you invest in crypto, you will be more profitable because its volatility is huge, or you will lose a lot if the market crashes. It all happened in a short time
There are a lot of expectations in such that which more valuable or can crypto step up. Many says that it will, all of these meaningful argued are better for those expectations .
in my opinion it is possible and many have proven that the price of crypto is higher than gold only difference from this problem is only stability and loss
crypto can go up and down at any time meaning the level of risk is higher While gold prices are stable and if it has decreased only slightly
crypto can go up and down at any time meaning the level of risk is higher While gold prices are stable and if it has decreased only slightly
In recent days cryptocurrency is getting to be a guaranteed investment. In terms of value, the price of bitcoin have grown high than gold. With time the crypto market is widening, which assure the growth will happen in the future. Same as gold the liquidity level of bitcoin is found as it is traded in large volume. For users who have known about cryptocurrency and it's growth pattern prefer bitcoin over gold.
smart users don't choose one thing. they invest in both gold and bitcoin, because even in such large assets, you should not forget about diversifying your risks.
It's hard today at this moment. But in recent years we see a good uptrend in crypto and it's still not recognised by the mass. The market is quite small than gold. But the acceptance of crypto is growing day by day. Normally crypto should use as a digital currency but somehow it's changed a bit by people who accepted it. They are store it as a asset. In both case crypto could be popular. But it's sure that in upcoming years crypto will grow more. It may or may not suppress gold in market cap. But it will grow more than gold.
I have never put both crypto and gold in the same category. In some sense, we can argue that which one has more value than the other but let be real, there is no way they can replace its other. The supply level is fixed and transparent for crypto and wide adoption for gold and each has its own value by having that advantage.
In recent days cryptocurrency is getting to be a guaranteed investment. In terms of value, the price of bitcoin have grown high than gold. With time the crypto market is widening, which assure the growth will happen in the future. Same as gold the liquidity level of bitcoin is found as it is traded in large volume. For users who have known about cryptocurrency and it's growth pattern prefer bitcoin over gold.
Of course, it does not rule out if the price of crypto can exceed the price of gold later, but under certain conditions gold investment is also a pretty good choice at this time because every year the price of gold always moves up from year to year, different from crypto, which is unpredictably the same. Once, but what makes crypto a choice is because of its fluid movement, so that it can provide benefits in the near future, and even profits obtained can exceed the capital we have spent so far.
Jump to: