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Author Topic: Can Crypto be more valuable than gold ?  (Read 36858 times)

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Can Crypto be more valuable than gold ?
« on: July 30, 2018, 05:30:40 AM »
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?

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Can Crypto be more valuable than gold ?
« on: July 30, 2018, 05:30:40 AM »

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Offline Sudarmono

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Re: Can Crypto be more valuable than gold ?
« Reply #1 on: July 30, 2018, 06:22:42 AM »
I still strongly believe that crypto will be more valuable than gold, and especially high priced coins such as bitcoin, eth, litecoins and BCH, all have a very good future.
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Re: Can Crypto be more valuable than gold ?
« Reply #2 on: July 30, 2018, 06:58:07 AM »
With today price you can buy about 200 grams of gold with one BTC.  Isn't that already more valuable than gold?

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Re: Can Crypto be more valuable than gold ?
« Reply #3 on: July 30, 2018, 07:20:58 AM »
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?

Gold has also fix supply but then the difference between crypto and gold is that we know in advance how much is the total supply of a coin while in gold, there are still miners out there looking for gold so we don't know yet the exact amount of gold in the world. Regarding being valuable, yes crypto is more valuable in terms of prices since gold has a thousand dollars in price while crypto specifically bitcoin is more valuable.

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Re: Can Crypto be more valuable than gold ?
« Reply #4 on: July 30, 2018, 07:29:46 AM »
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?


I think at the coming future It will happen. Crypto will be more valuable than gold.

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Re: Can Crypto be more valuable than gold ?
« Reply #5 on: July 30, 2018, 07:33:32 AM »
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?

Gold has also fix supply but then the difference between crypto and gold is that we know in advance how much is the total supply of a coin while in gold, there are still miners out there looking for gold so we don't know yet the exact amount of gold in the world. Regarding being valuable, yes crypto is more valuable in terms of prices since gold has a thousand dollars in price while crypto specifically bitcoin is more valuable.

I don't necessarily think rarity always dictates worth though.. but I do agree what if somehow someone finds a cave or 3 full of gold, it may hurt price in an unpredictable way.. at least like you said with cryptos, you know what you are getting ahead of time.

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Re: Can Crypto be more valuable than gold ?
« Reply #6 on: July 30, 2018, 08:27:01 AM »
They are two different things... one is physical (GOLD) and crypto not and one is very stable (GOLD). Crypto have great potential grow so investment in one of them has very different purpose.. hedging for gold, speculating/invest for profits for crypto
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Re: Can Crypto be more valuable than gold ?
« Reply #6 on: July 30, 2018, 08:27:01 AM »


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Re: Can Crypto be more valuable than gold ?
« Reply #7 on: July 30, 2018, 08:42:38 AM »
No it won't. Gold is a lifetime possession of a person that has it and never lose the value instead it becomes more expensive after some time while crypto currency is a kind of system for payment, the new invented technology that can be replace when something greater invention will discover.

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Re: Can Crypto be more valuable than gold ?
« Reply #8 on: July 30, 2018, 08:56:57 AM »
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?

Yes, it's absolutely valuable if more people will use crypto as their mode of assets. With respect to gold investments, the physicality can be appreciated but not totally in demand nowadays.

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Re: Can Crypto be more valuable than gold ?
« Reply #9 on: July 30, 2018, 09:13:20 AM »
Both have valuable values ​​but I am more following the development of crypto than gold. Because crypto will make changes to modern times and make people easy in any transaction. For me crypto is more valuable than gold.
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Re: Can Crypto be more valuable than gold ?
« Reply #10 on: July 30, 2018, 12:52:47 PM »
I think that the crypto currency can be valued more expensively than gold for one reason: gold reserves are unlimited, every day more and more of it is extracted, while the majority of crypto currencies and, above all, bitcoin, have a strictly limited amount. With an increase in demand, this limited number of coins will definitely grow in value many times!

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Re: Can Crypto be more valuable than gold ?
« Reply #11 on: July 30, 2018, 01:06:27 PM »
In the future there is a big possibility that this idea might be in place but only apply for coins that is less volatile like bitcoin.
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Re: Can Crypto be more valuable than gold ?
« Reply #12 on: July 30, 2018, 01:53:52 PM »
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?

Yes I believe it. Crypto currency  will more valuable and potential  than gold. Lets see.

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Re: Can Crypto be more valuable than gold ?
« Reply #13 on: August 07, 2018, 04:36:27 PM »
isn't the price of gold been defeated by Bitcoin. For example:
1 Bitcoin: $ 7,000
1 Ounce Gold: $ 1,400

it is a change with an Ounce, different from Gram, because the average person around the world uses gold around 1-20 Gram

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Re: Can Crypto be more valuable than gold ?
« Reply #14 on: August 07, 2018, 04:41:20 PM »
there are miners out there looking for gold, but we don't know exactly the amount of gold in the world. crypto is more valuable in terms of price because gold has a price of one thousand dollars while crypto specifically for bitcoin is worth more.

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iCoin International Investing in real diamond mining and using the proceeds to create a
                 competitive market for iCoin International
                             
 
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