Crypto can be less volatile than gold? - page 8.

Chachacoin17

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Quote from: robertsu on September 01, 2018, 08:40:24 PM

Usually a cryptocurrency doesn't compare, only bitcoin. Some cryptocurrency are connected with certain companies and products. When talking about stability Bitcoin, It will not be soon.

That's possible that bitcoin can be less volatile than gold in sooner time, and as price will continue to gain at good price then we'll have to experience the great change. With gold's pricing, I guess it's too long to wait for the price to increase because gold was a physical asset compared with cryptocurrency.

Bitfling

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Quote from: brawdias on May 09, 2018, 03:56:18 PM

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?

Its different market between cryptomarket and gold/commodities market. Commodity market are regulated market and its old market. Cryptomarket still new market and not many country in the world regulate this market. Market always volatile including in commodities market

campusnet

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Yes I've seen the price in the trading market crypto. Gold is more stable in price movements, crypto has very rapid price movement in the market, this makes our new gymnastics will definitely be the heart.

robertsu

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Usually a cryptocurrency doesn't compare, only bitcoin. Some cryptocurrency are connected with certain companies and products. When talking about stability Bitcoin, It will not be soon.

sarul

copper member

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Quote from: martabaktelor on September 01, 2018, 04:22:28 PM

Indeed the gold price, if compared to crypto, is the more stable gold price. But in my opinion, it is very different with crypto. Prices are rising when crypto is certainly very high and can earn a lot of money. But if the gold price rises would not necessarily produce a lot of money.

That's the difference, at least people get faster profits by investing in crypto rather than gold and also the increase of crypto in price is not just a little, but it is possible to rise many times quickly. Even though, gold looks slower but is safer to invest than crypto.

Pab

legendary

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We can say gold price is controlled by central banks but bitcoin price is controlled by mining farms.Rather hard to have crypto less volatile than gold
Even if we look only at crypto chips we can see that market volatile much more than gold
There is not all that flash crashes on gold.Maybe if crypto trading will be regulated and protected from illegal than prices can be more stable

stellaekun

newbie

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Gold has been around for a long time, bitcoin is new and is still very volatile.It will eventually become stable as adoption grows, it will take a while for bitcoin to achieve the stability status of gold

Btcepenbob

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Quote from: brawdias on May 09, 2018, 03:56:18 PM

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 think it is hard to say that. Having the current market as the baseline then I could say that it is impossible for cryptocurrency to have lesser volatility rate compared to gold.

ataki

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Until the market volume is low it will be volatile as it can be manipulative. When we will have market volume x10
or x100 then it will become more stable , even more stable than gold price.

martabaktelor

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Indeed the gold price, if compared to crypto, is the more stable gold price. But in my opinion, it is very different with crypto. Prices are rising when crypto is certainly very high and can earn a lot of money. But if the gold price rises would not necessarily produce a lot of money.

Camster

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Activity: 180

Merit: 10

Quote from: brawdias on May 09, 2018, 03:56:18 PM

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?

Huge crypto fan here but gold has 5,000 years of history behind it. I think crypto is awesome and I love it but I think we have a ways to go before we become as stable as gold.

nagasaking

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We can't say anything by comparing bitcoin and gold bro, as now all governments or countries don't accept bitcoin as legal to use but gold is available and valuable in every country.

popolite11

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Quote from: Vulcansalute on August 30, 2018, 04:27:28 AM

I doubt crypto would ever get less volatile than gold, you know why?, gold is an accepted commodity less prone to manipulations than crypto currently is. The big money players in cryptocurrency decide the market now and they are very smart at doing it, we small money players just keep feeding off what they give us. The gold market is a very different ball game. more centralized.

I will support your viewpoint here. Gold has been known for hundreds of centuries. Its value is only growing with time. Crypto is the virtual stuff, and it can be manipulated well. Thus, the cryptocurrency will be always volatile.

kencot

newbie

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I think cryptocurrency and gold have the same advantages as investment. both of them are used as long-term investments. but if we want to get a bigger and faster profit, we can choose cryptocurrency investment. while investing in gold is safer because we have nothing to lose, but the profits that will be obtained is small.

icomaster90

newbie

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i can't imagine now that this time will come anywhere in the near future, but i hope you have right.

thaokhuyen03

newbie

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I do not agree with this point, in this market there are always strong fluctuations. There are abnormal price increases and abnormal discounts, which always create the opportunity to make a profit and risky. When state policies are not strictly controlled, things are not stable; Make sure this market is not stable

CryptoTrip

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How much does the gold market exist and how much does the cryptomarket? This need to be discussed after decades, in the event that the world community starts using crypto-currencies, as in dreams of crypto-enthusiasts.

mh6e

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Quote from: brawdias on May 09, 2018, 03:56:18 PM

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?

For now it can't be happen gold is already stable and keep rising. While crypto is so volatile due to many reasons. One of those is the trust issues between crypto and government. Crypto need to be adopted NY government so that investors will feel safe. Other reason is the vulnerability to scam and hackers it also be addressed and secure.

Vulcansalute

newbie

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I doubt crypto would ever get less volatile than gold, you know why?, gold is an accepted commodity less prone to manipulations than crypto currently is. The big money players in cryptocurrency decide the market now and they are very smart at doing it, we small money players just keep feeding off what they give us. The gold market is a very different ball game. more centralized.

NIuok

newbie

Activity: 109

Merit: 0

This is for sure, the price of gold only needs to look at the dollar. The dollar has become a weaker gold. But cryptocurrency is a new industry, and its ups and downs will be very crazy.

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