Cryptocurrency or crypto currency is increasingly being known by many people. This is one of the blockchain representations whose impact is enjoyed directly by the community (consumers), other potentials are still being explored. Interest in cryptocurrencies, generally as an investment, try to imagine in comparison the price of gold is much lower than bitcoin.
We know that now everyone is competing to use digital money with greater profits than gold.
Topic: Can Crypto be more valuable than gold? - page 3. (Read 5103 times)
It is already proved that cryptocurrency has more value and demand than gold nowadays and as the whole world going to adopted digital systems, The value of cryptocurrency and its use cases will going to increase more and more.
yes it can happen. Crypto can be the fastest, easiest place to invest, and can make someone rich quickly. crypto can be the safest place to invest. so it's possible that in the next few years crypto will be much more valuable than gold. but before choosing crypto you have to really understand about crypto itself, don't just follow the trend and actually lead to big losses.
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 need to remember that the value of gold, first of all, lies in the fact that it is stored by countries, and its quantity is constantly increasing. There are other uses for gold, which makes it not only a storage medium, but also a medium for and use in everyday life. Cryptocurrencies to start with gold in value, you also need to repeat the path of gold. But we know that countries are already thinking and working on creating their own digital currencies, and it is likely that the value of cryptocurrencies will only grow in the future, which is certainly very good.
as far as I know that Gold and Crypto are different investment instruments. in terms of investment category. Both are currently equally valuable and are being invested by many. investment category in cryptocurrency is quite high whereas gold is not a high risk. of form also differ between physical and non-physical. but in terms of trust, gold is more trusted because it has been around for a long time and cryptocurrency is a new investment for now
I think it more of adoption. If people turn to understand and use crypto in their daily lives, crypto will become more valuable. What we are lacking now is merchants accepting crypto. We have a few buts we need the majority. I believe things will be better with payment platforms like NOWPayments working hard to help merchants in processing crypto payments.
For me, not all cryptocurrency is going to be valuable as gold. However the top coins may have potential and are has the chance to be more valuable as the gold in terms of price and volume. Bitcoin, ethereum, binance coin are samples that can be more valuable to gold in the long run. Top coins has the possibility and more likely to be real valuable in long terms.
The value of encrypted currency may be higher than the value of gold, but I don't mean all encrypted currencies.
Everyone has their own investment habits, and some people like to invest in gold, this kind of stable asset.
Because of the fluctuations of encrypted currency, everyone sees objective profits to choose investment encrypted currencies.
But now the type of cortex is constantly, not all encrypted currency is suitable for investment, pay attention to prevent fraud.
Everyone has their own investment habits, and some people like to invest in gold, this kind of stable asset.
Because of the fluctuations of encrypted currency, everyone sees objective profits to choose investment encrypted currencies.
But now the type of cortex is constantly, not all encrypted currency is suitable for investment, pay attention to prevent fraud.
Bitcoin and gold are both valuable currencies and more profitable to invest. Its demand is higher in the crypto online world and bitcoin is worth more than gold although there are no alternative methods their value for both investments continues to rise for hundreds of years, gold has dominated safe haven resources and it has made the price increase of the still unknown bitcoin more valuable than gold. If bitcoin can prove its worth the choice of gold could be a real competitor for safe haven.
Basically they're of two different assets. They both have their advantages and disadvantages. None of them mentioned is fiat but Gold is stylishly centralised while Crypto isn't.
Moreover, the world we live in today keeps revolving around digital and technology, and crypto matches that class.
So I believe Crypto will be more valuable than Gold in the near future.
Moreover, the world we live in today keeps revolving around digital and technology, and crypto matches that class.
So I believe Crypto will be more valuable than Gold in the near future.
Well good thing that is your belief. I don't think that your belief will happen in the near future. The market cap of Gold is almost 11 trillions US dollars. The market cap of the entire crypto market is 1.8 trillion. I think it will not be anytime soon, and not really something like a near future where Crypto will be able to overcome gold. As stated by many, gold as a metal has many uses, hence it is valuable not only as an asset but as a metal used in electronics. That kind of value crypto doesn't have. You firmly believe that it will be near to now that Gold will be overtaken. My opinion is different, it will take a long time for crypto to overtake gold. Maybe past our lifetimes.
Hmm 🤔.. But do you realize technology is taking over in our lifetime and crypto is tech. So I don't agree with your opinion of saying crypto overtaking gold in our past existence. I strongly believe it'd come in this existence of ours because the masses keeps adopting bitcoin and every other coins.
Well, anyway.. Let's just be on the lookout!
actually technology has mastered this world and defeated all physical aspects including gold investment which used to be a very trend and now investment has shifted to the crypto world. believe it or not I have read an article in 2016, in an article it is clear that the next year (after 2016 means) the world of databases will come or now called the digital era. so all work, transactions and financial activities are carried out through the digital world. it turns out that now I just realized that now we have entered the digital era and the era of all-technology.
We cannot compare this two different entity, They are different of use cases. Literally crypto is in the internet, and gold has a physical form, In my opinion when the world war has came. And all the economic was down and the infrastructure and the communication will destroyed. What will happen on the entire crypto?So gold in the very important when the that time has come. I wonder that will not happen, So if the peace still exist until next 50 years crypto was very important and valuable for the future.
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This all depends on the character of each individual, where there are some people have the view that Bitcoin is better than gold, and there are those who have the opposite view. Bitcoin is currently the favorite of people who understand internet technology, while gold is more likely to be in demand by older people who still adhere to traditional investing styles.
There is no difference between these two groups, because basically Bitcoin and gold are valuable and can be used as good investment instruments.
There is no difference between these two groups, because basically Bitcoin and gold are valuable and can be used as good investment instruments.
Basically they're of two different assets. They both have their advantages and disadvantages. None of them mentioned is fiat but Gold is stylishly centralised while Crypto isn't.
Moreover, the world we live in today keeps revolving around digital and technology, and crypto matches that class.
So I believe Crypto will be more valuable than Gold in the near future.
Moreover, the world we live in today keeps revolving around digital and technology, and crypto matches that class.
So I believe Crypto will be more valuable than Gold in the near future.
Well good thing that is your belief. I don't think that your belief will happen in the near future. The market cap of Gold is almost 11 trillions US dollars. The market cap of the entire crypto market is 1.8 trillion. I think it will not be anytime soon, and not really something like a near future where Crypto will be able to overcome gold. As stated by many, gold as a metal has many uses, hence it is valuable not only as an asset but as a metal used in electronics. That kind of value crypto doesn't have. You firmly believe that it will be near to now that Gold will be overtaken. My opinion is different, it will take a long time for crypto to overtake gold. Maybe past our lifetimes.
Hmm 🤔.. But do you realize technology is taking over in our lifetime and crypto is tech. So I don't agree with your opinion of saying crypto overtaking gold in our past existence. I strongly believe it'd come in this existence of ours because the masses keeps adopting bitcoin and every other coins.
Well, anyway.. Let's just be on the lookout!
gold or bitcoin get different sight from investors, they have various opinion especialy about bitcoin which is considered as speculation assets not as new technology in ledger system, But we could not blamed them due its risk and their ways to manage risk and money. for long term , either gold or bitcoin were good portofolio to have.
Young people is no longer saving golds because they knew that the technology is already safe, right now young people are investing in stocks, cryptos, or investing mutual funds for those who don't have time managing their investment. Everything is digital right now, working from home, etc. So i think in the future there are no longer physical things that so much valueable excepts properties and vechicles
Gold has begun to be ignored by young investors, gold has ancient profit prospects with little financial returns compared to the cryptocurrencies market. Today's young people have a greedy spirit in the digital era, their reach is wider than older investors who rely more on investing in the gold market.
gold or bitcoin get different sight from investors, they have various opinion especialy about bitcoin which is considered as speculation assets not as new technology in ledger system, But we could not blamed them due its risk and their ways to manage risk and money. for long term , either gold or bitcoin were good portofolio to have.
Young people is no longer saving golds because they knew that the technology is already safe, right now young people are investing in stocks, cryptos, or investing mutual funds for those who don't have time managing their investment. Everything is digital right now, working from home, etc. So i think in the future there are no longer physical things that so much valueable excepts properties and vechicles
Crypto can easily become more valuable than gold, bitcoin especially. It's limited and more convenient. But on the other hand gold is physical and beautiful - that features make it more interesting for the people.
People with a good understanding of technology view gold as an old and impractical asset. Meanwhile, people with an old understanding of investing will view Bitcoin as a high-risk investment because it is still new and speculative. But Gold is an investment that is well known by many, so in my opinion having gold is not wrong and can be a long-term investment
Basically they're of two different assets. They both have their advantages and disadvantages. None of them mentioned is fiat but Gold is stylishly centralised while Crypto isn't.
Moreover, the world we live in today keeps revolving around digital and technology, and crypto matches that class.
So I believe Crypto will be more valuable than Gold in the near future.
Moreover, the world we live in today keeps revolving around digital and technology, and crypto matches that class.
So I believe Crypto will be more valuable than Gold in the near future.
Well good thing that is your belief. I don't think that your belief will happen in the near future. The market cap of Gold is almost 11 trillions US dollars. The market cap of the entire crypto market is 1.8 trillion. I think it will not be anytime soon, and not really something like a near future where Crypto will be able to overcome gold. As stated by many, gold as a metal has many uses, hence it is valuable not only as an asset but as a metal used in electronics. That kind of value crypto doesn't have. You firmly believe that it will be near to now that Gold will be overtaken. My opinion is different, it will take a long time for crypto to overtake gold. Maybe past our lifetimes.
Basically they're of two different assets. They both have their advantages and disadvantages. None of them mentioned is fiat but Gold is stylishly centralised while Crypto isn't.
Moreover, the world we live in today keeps revolving around digital and technology, and crypto matches that class.
So I believe Crypto will be more valuable than Gold in the near future.
Moreover, the world we live in today keeps revolving around digital and technology, and crypto matches that class.
So I believe Crypto will be more valuable than Gold in the near future.
It’s only a matter of time until the total bitcoin market-cap is higher than gold. Gold has had its time in the sun, bitcoin beats it in all aspects & is the future of finance.
Agreed, Bitcoin is gonna get served as the future of finance. This is getting real through the adoption of bitcoin by large scale firms that are already in a well established status on the global market. This adds more value to bitcoin adoption. Gold through its years of existence reached massive marketcap. Now Bitcoin does it through its innovative mechanism.I do agree that in time, btc market cap may exceed the market cap of gold. But the tangible use cases of gold in electronics, jewelry or other important industries can't be address by bitcoin. Just think that most mining equipment have gold parts. So how can miners mine btc if they don't have mining equipment? This is why, gold will remain to be valuable in the market because it serves a lot of vital usage in many industries. We should not ignore this fact.
It’s only a matter of time until the total bitcoin market-cap is higher than gold. Gold has had its time in the sun, bitcoin beats it in all aspects & is the future of finance.
Agreed, Bitcoin is gonna get served as the future of finance. This is getting real through the adoption of bitcoin by large scale firms that are already in a well established status on the global market. This adds more value to bitcoin adoption. Gold through its years of existence reached massive marketcap. Now Bitcoin does it through its innovative mechanism. Jump to: