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Topic: Can Crypto be more valuable than gold? - page 5. (Read 5103 times)

full member
Activity: 548
Merit: 100
on the other hand, gold has an infinite supply, so it is possible that the price of crypto, especially bitcoin, will have a greater price increase than gold, especially if the government legalizes it so that more people adopt it, of course it will be more profitable to invest in crypto
Crypto got a positive response from the government because some countries have legalized btc and we just need to wait for some other countries to follow this step in the future, the increase in crypto has previously influenced some gold investors to switch to crypto assets.
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
I think crypto is superior to gold because crypto apart from being an exchange rate can also be for investment but gold is not more than an investment value, the crypto world is wider covering many fields and we will see crypto grow bigger than gold in any case.

When we are considering the investment aspect, it is useless to divert the topic to other subjects. Yes.. some of the cryptocurrencies can be used for purposes other than payments. For example, Ethereum was the first smart contract platform. Chainlink goes one step further and claims to make smart contracts further smart (by bringing external data in to smart contracts). Uniswap acts as a liquidity pool. Stellar Lumens on the other hand, connects different and disconnected modes of payment. All this is true. But when comparing with gold, the only thing that matters is the potential return, acceptability and safety of the investment.
full member
Activity: 548
Merit: 100
I think crypto is superior to gold because crypto apart from being an exchange rate can also be for investment but gold is not more than an investment value, the crypto world is wider covering many fields and we will see crypto grow bigger than gold in any case.
full member
Activity: 1274
Merit: 104
HEX: Longer pays better
I think bitcoin is now more valuable than gold, even though it's still not a safe haven
why do I think bitcoin is more valuable than gold because bitcoin does have a much higher value than gold and also has many users who continue to make transactions every second
besides that bitcoin has advantages over gold, that is, anyone can transact using bitcoin easily
member
Activity: 1540
Merit: 22
For now, the volatility of BTC is being tested plus negative market sentiment. However, I am very sure that when BTC resistance breaks, it will have a positive impact and value and there will be a lot of media posting news related to the above. when this happens then it is clear the comparison of the value of both Crypto and Gold.
full member
Activity: 1890
Merit: 101
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?
we are still in the early stages where cryptocurrencies are attracting the attention of many governments and investors of the world. In the next few years, cryptocurrencies will definitely be more valuable than gold because many people will realize that the supply of gold is unlimited.
member
Activity: 1027
Merit: 11
Currently, crypto is more popular mainly because the value of BTC is higher than gold, but I think that gold will always be more valuable than btc, because gold is a very promising investment and its security is more guaranteed, its price is also very stable, while crypto is an investment that has  very high risk because the price can drop a lot in an instant,
sr. member
Activity: 1722
Merit: 252
The value of cryptocurrency is affected by supply and demand. Bitcoin is the mainstream currency of cryptocurrency, and its total amount is limited, because of the scarcity of Bitcoin, there is a lot of room for increase in the value of Bitcoin.
Cryptocurrency is a trend in the financial field. Now that more people recognize and invest in it, cryptocurrency will become more and more popular and will have higher value.

There is no doubt that crypto is getting more and more popular, after a year of the covid-19 outbreak, many business fields have closed, but crypto continues to grow and always shows the global that the crypto community is very strong
sr. member
Activity: 1988
Merit: 453
It already is. New generation is not interested in tangible assets like storing gold, they are more invested in digital cryptocurrency and such. Give few years or less, crypto market capitualization will get much bigger than gold or even real estate. Take into account the amount of years gold had compare to crypto and you will see how fast it's growing.

Younger generation may be more interested in assets such as Bitcoin and alts. But they have limited purchasing power. The purchasing power lies with older generations, and many of them are averse to such assets. So in terms of absolute valuation, we can expect "traditional" assets such as gold and platinum to have the upper hand, for some more time. In order for the situation to change, Bitcoin needs to be more palatable for the older generation investors. But with the current level of volatility, it is going to be difficult. 
full member
Activity: 1130
Merit: 133
The comparison need to be made carefully. If you want to compare with the entire cryptocurrency market, then compare not just with gold, but with the combined bullion sector (gold, silver, platinum.etc). If you want to compare just with gold, then take just Bitcoin. Right now, the market cap of gold is around $12 trillion, and the market cap of Bitcoin is only around 5% of that figure. And it surprises me that a lot of people claim that Bitcoin has already surpassed gold (they make the wrong comparison, by comparing the price of 1 BTC with that of 1 oz. of gold).

Exactly, considering that today's young people are increasingly digitized, they will have no problem recognizing and appreciating the versatility, accessibility and portability of bitcoin to gold.

Times have changed, the presence of the internet has made an easy, safe and profitable investment system, bitcoin is very profitable than gold so it deserves to be an investment priority.
for those who fully understand about cryptocurrency market , both in trading skill mentality psychology and market cycle it is true bitcoin more profitable for long term. and daily volatility could taken as opportunity for short term. But for those prefer long term investment with lower risk  , gold should be their option. Price volatility was not extreme just like bitcoin have.
hero member
Activity: 1540
Merit: 500
It already is. New generation is not interested in tangible assets like storing gold, they are more invested in digital cryptocurrency and such. Give few years or less, crypto market capitualization will get much bigger than gold or even real estate. Take into account the amount of years gold had compare to crypto and you will see how fast it's growing.
member
Activity: 73
Merit: 10
Now that cryptocurrency is a new trend in investment, more people choose to invest in cryptocurrency instead of buying gold.
Encrypted currency is more suitable for investment. It is stored and traded in the blockchain network, and it is not easy to lose or be damaged, and it is safer and more convenient. People's demand for cryptocurrencies increases. Cryptocurrencies will become more and more popular in the market, their liquidity will improve, and their future value will be unlimited.
hero member
Activity: 1302
Merit: 503
can, but fluctuations in the crypto market prevent it all. Gold is a safe-haven investment with low risk. if crypto want to be like gold, the crypto market must be more stable. if that happens, then crypto will outpace gold and will probably be the best investment.


I think crypto has surpassed gold, what I mean is a measure of the rate of profit, we can profit up to hundreds of percent or even more in a year, while the rate of increase in gold is not more than 10% a year.
- You are comparing the weaknesses of gold with the strengths of crypto, the result will be as you want, gold cannot outperform crypto but if you apply a stable ratio, this opinion will be changed because with a metal of value and within the price control zone from a central system like the government, the chances of going over the sensitive mark to go higher are very slim but it already has relatively fixed boundaries of rise and fall, the profit margin will be better. Crypto is to reveal its essence in the short term, but after manifesting, its essence cannot be compared with gold in the long term
copper member
Activity: 54
Merit: 1
Cryptocurrencies like Bitcoin and Dogecoin have created a lot of buzz globally in recent times, and many investors have also jumped on the bandwagon. Meanwhile, gold continues to move sideways.
sr. member
Activity: 882
Merit: 250
Now Bitcoin has already surpassed gold prices.  Bitcoin now is 'digital gold', It will be a valuable asset to store. Bitcoin will be more valuable than gold.
Gold will also always be valuable in real terms and physically so that Bitcoin and Gold are actually very balanced when viewed from the price side, because on the other hand Bitcoin is easier to fall in price, while Gold is not.
gold more solid and hard to manipulate like bitcoin do. Maybe because bitcoin as virtual currency many countries still recognized it as high risk assets and want to controll it with issuing some policy. but for long term investment and if investors accept the risk bitcoin will give bigger return than other portofolio.
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
The comparison need to be made carefully. If you want to compare with the entire cryptocurrency market, then compare not just with gold, but with the combined bullion sector (gold, silver, platinum.etc). If you want to compare just with gold, then take just Bitcoin. Right now, the market cap of gold is around $12 trillion, and the market cap of Bitcoin is only around 5% of that figure. And it surprises me that a lot of people claim that Bitcoin has already surpassed gold (they make the wrong comparison, by comparing the price of 1 BTC with that of 1 oz. of gold).
member
Activity: 99
Merit: 10
Now Bitcoin has already surpassed gold prices.  Bitcoin now is 'digital gold', It will be a valuable asset to store. Bitcoin will be more valuable than gold.
full member
Activity: 1484
Merit: 101
can, but fluctuations in the crypto market prevent it all. Gold is a safe-haven investment with low risk. if crypto want to be like gold, the crypto market must be more stable. if that happens, then crypto will outpace gold and will probably be the best investment.


I think crypto has surpassed gold, what I mean is a measure of the rate of profit, we can profit up to hundreds of percent or even more in a year, while the rate of increase in gold is not more than 10% a year.
jr. member
Activity: 139
Merit: 5
Of course it can. BTC even did it at some point. So at some point it's gonna be steadily more valuable than gold. In modern world it's inevitable. You can't travel with your gold whenever you want. But you can keep your BTC safe and use it easily in almost every part of planet.
hero member
Activity: 1414
Merit: 670
Yeh its right that crypto(BTC) is more valuable than gold because in early days of bitcoin (1)tola gold has price 1420$ while btc has a price 0.08$.
And now if we compare both of them we got this that btc has almost reach to 60000+$ while gold has now 1809$ price. So the result is clear that btc is much much more profitable and valuable than gold.
So leave investing in gold and start to invest in btc
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