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Topic: Crypto can be less volatile than gold? - page 2. (Read 2302 times)

member
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SESSIA
November 30, 2018, 08:34:34 AM
not now, firstly crypto should grow 10x at least and then it will be more stable in terms of % of fluctuations.
For now it is not stable!
sr. member
Activity: 672
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
November 30, 2018, 08:25:49 AM
Many people compare crypto to gold, and I see so many similarities as well.

I believe one day crypto can be less volatile than gold. If more people adopt, and address values to everyday items, trading in a daily basis, (like for grocery shopping) then crypto will  be easier to use, safer, fluctuate less in terms of prices, and a lot more stable.

What do you guys think?

It could be but not with the way that the coins are being handled right now and certainly now without regulations in the market. Gold is that way because there are a lot of regulations guarding the asset and the trading that revolves around it so if we want cryptos to be less volatile than gold then we would need regulations to stop all the people from manipulating the prices.
member
Activity: 182
Merit: 10
November 27, 2018, 06:07:27 AM
Many people compare crypto to gold, and I see so many similarities as well.

I believe one day crypto can be less volatile than gold. If more people adopt, and address values to everyday items, trading in a daily basis, (like for grocery shopping) then crypto will  be easier to use, safer, fluctuate less in terms of prices, and a lot more stable.

What do you guys think?

It seems to me that the best situation, which was about a year ago. Then we made a lot of money and it was cool. But now I do not see this, as the volatility has fallen at times. This is a bad thing
member
Activity: 616
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FRX: Ferocious Alpha
November 26, 2018, 10:08:01 AM
Using common sense, this is not a short-term, easy thing to achieve!
Because, Gold price is mostly controlled by Central Banks, not just the adoption thing.

Plus, we can make Crypto price stable if we just Back it up with precious metals price, like gold.
If you analyse the fiat currency price, you'll notice its measurable by Gold too. So, in order to resolve the Volatility issue, we have to use Tokenized precious metals.

Gigzi current ICO project will make this possible and more effective, using a unique decentralized business model: https://gigzi.com
member
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November 26, 2018, 10:01:43 AM
Feature of cryptocurrency in high volatility and yet what to take from it all that is possible. I don't think low volatility is what we really need at the moment. And gold do not need to compare
Yes, high volatility - is main feature of the cryptocurrency. And there are many opportunities to earn money because of that. On the other hand, this volatility is too high, so many people just afraid to invest
member
Activity: 322
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November 26, 2018, 09:41:14 AM
There are coins that are backed by gold and most of them are prety stable. You may find more info on the web, but my point should be clear.
member
Activity: 238
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November 26, 2018, 07:26:47 AM
Many people compare crypto to gold, and I see so many similarities as well.

I believe one day crypto can be less volatile than gold. If more people adopt, and address values to everyday items, trading in a daily basis, (like for grocery shopping) then crypto will  be easier to use, safer, fluctuate less in terms of prices, and a lot more stable.

What do you guys think?

I'm not exactly sure about that. It seems to me that if cryptocurrencies are less volatile than gold, then we will not need them as much as now and therefore cease to earn
member
Activity: 322
Merit: 10
November 26, 2018, 05:49:14 AM
Many people compare crypto to gold, and I see so many similarities as well.

I believe one day crypto can be less volatile than gold. If more people adopt, and address values to everyday items, trading in a daily basis, (like for grocery shopping) then crypto will  be easier to use, safer, fluctuate less in terms of prices, and a lot more stable.

What do you guys think?

Gold is not so volatile, but it is clear that amount of gold is limited. We cannot say the same thing about cryptocurrency market and this is the main reason of volatility.
sr. member
Activity: 600
Merit: 256
November 25, 2018, 06:37:33 AM
I don't think that crypto will ever be stable. And it is not supposed to be stable. If you want a stable asset, then you should invest in bullion coins or treasury bonds. Crypto will not serve that purpose.
newbie
Activity: 14
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November 25, 2018, 06:23:49 AM
Just Hodl, friends
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Activity: 272
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www.becent.com
November 25, 2018, 05:11:04 AM
Many people compare crypto to gold, and I see so many similarities as well.

I believe one day crypto can be less volatile than gold. If more people adopt, and address values to everyday items, trading in a daily basis, (like for grocery shopping) then crypto will  be easier to use, safer, fluctuate less in terms of prices, and a lot more stable.

What do you guys think?

Not all tokens are volatile. For example, XRP and LTC are much more stable than gold, but still they are not pretty widespread. I hope for situation to change.
full member
Activity: 462
Merit: 103
November 25, 2018, 05:03:08 AM
Many people compare crypto to gold, and I see so many similarities as well.

I believe one day crypto can be less volatile than gold. If more people adopt, and address values to everyday items, trading in a daily basis, (like for grocery shopping) then crypto will  be easier to use, safer, fluctuate less in terms of prices, and a lot more stable.

What do you guys think?

Some coins may be stable, but most of prices are formed by demand and supply, so it is not like for crypto to become much more stable than gold.
sr. member
Activity: 630
Merit: 252
November 17, 2018, 05:39:12 AM
Many people compare crypto to gold, and I see so many similarities as well.

I believe one day crypto can be less volatile than gold. If more people adopt, and address values to everyday items, trading in a daily basis, (like for grocery shopping) then crypto will  be easier to use, safer, fluctuate less in terms of prices, and a lot more stable.

What do you guys think?
Crypto world is just new market, but gold has existed for a long time so it has lost it's volatility. After 5-10 years we can see more stable market for crypto when something can be controlled and big whales can not speculate, then we can see less volatility.
sr. member
Activity: 348
Merit: 250
The Exchange for EOS Community
November 17, 2018, 05:30:24 AM
Many people compare crypto to gold, and I see so many similarities as well.

I believe one day crypto can be less volatile than gold. If more people adopt, and address values to everyday items, trading in a daily basis, (like for grocery shopping) then crypto will  be easier to use, safer, fluctuate less in terms of prices, and a lot more stable.

What do you guys think?

It seems to me that this can only happen after a while. This is a very complex process and it needs at least some stability, which the crypto-currency market can not exactly boast of

You can't say this for cryptocurrency, maybe one of those cryptos (ripple, ethereum, bitcoin etc.) can be used for grocery shopping in the near future but not all cryptos can do that.
member
Activity: 253
Merit: 10
November 17, 2018, 05:29:00 AM
Many people compare crypto to gold, and I see so many similarities as well.

I believe one day crypto can be less volatile than gold. If more people adopt, and address values to everyday items, trading in a daily basis, (like for grocery shopping) then crypto will  be easier to use, safer, fluctuate less in terms of prices, and a lot more stable.

What do you guys think?

It seems to me that this can only happen after a while. This is a very complex process and it needs at least some stability, which the crypto-currency market can not exactly boast of
full member
Activity: 434
Merit: 100
November 16, 2018, 07:23:25 AM
Without the participation of the regulator to reduce volatility will be very difficult, at any time a big player can affect the market.
yes I agree with you, Fiat and Gold prices can be stable and have low volatility because there are regulators who protect them so to reduce the volatility in cryptocurrency it seems very impossible considering more liquid and decentralized
member
Activity: 546
Merit: 11
November 16, 2018, 07:05:46 AM
Without the participation of the regulator to reduce volatility will be very difficult, at any time a big player can affect the market.
full member
Activity: 672
Merit: 176
November 16, 2018, 07:03:33 AM
Now, it’s probably not necessary to talk about it at all, because in general, cryptocurrency is probably the very sector of the market that is not predictable today, since it is manipulated by very rich people who have already managed to buy a lot of BTC
I fully agree with you and I want to add that I work in the field of cryptocurrency business cannot be sure of anything at all. But I want to say that the Chinese government is doing the right thing when it starts buying all precious metals with the help of cryptocurrency.
full member
Activity: 672
Merit: 100
November 16, 2018, 06:59:36 AM
Now, it’s probably not necessary to talk about it at all, because in general, cryptocurrency is probably the very sector of the market that is not predictable today, since it is manipulated by very rich people who have already managed to buy a lot of BTC
member
Activity: 294
Merit: 14
November 16, 2018, 06:55:11 AM
Feature of cryptocurrency in high volatility and yet what to take from it all that is possible. I don't think low volatility is what we really need at the moment. And gold do not need to compare
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