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Author Topic: Can Crypto be more valuable than gold ?  (Read 36893 times)

Offline Danus

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Re: Can Crypto be more valuable than gold ?
« Reply #75 on: October 05, 2019, 06:18:49 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?
Cryptocurrency has its advantages in the way that it seems to me that it is easily convertible and exchangeable. There are many exchanges and growing demand.
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Re: Can Crypto be more valuable than gold ?
« Reply #75 on: October 05, 2019, 06:18:49 PM »

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Re: Can Crypto be more valuable than gold ?
« Reply #76 on: October 05, 2019, 11:09:46 PM »
While this is just a theory and reasoning, but now you can see how Bitcoin dominates the market. Not a single altcoin could compete with it, and the first crypto currency was increasingly called a tool for hedging risks and "digital gold".

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Re: Can Crypto be more valuable than gold ?
« Reply #77 on: October 06, 2019, 12:18:46 AM »
Crypto is valuable and worth but I think Gold is still better. I don't underestimate crypto potential but I still don't see strong reasons to say that crypto is better. Actually, I think it is no need to compare Gold and Crypto since they have own sides and advantages.

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Re: Can Crypto be more valuable than gold ?
« Reply #78 on: October 27, 2019, 06:40:38 PM »
Cryptocurrency and gold are completely different financial assets. Therefore, they are very difficult to compare with each other. In addition, there is an eternal question in which units to compare them with each other. Bitcoin to a kilogram of gold, Satoshi with an ounce of gold or something else? I think that such a comparison will always be conditional. It should be borne in mind that gold will always be of high value, while cryptocurrency has its value intermittently.

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Re: Can Crypto be more valuable than gold ?
« Reply #79 on: October 27, 2019, 08:58:12 PM »
That surely is a dream that might come true one day but for now, gold is generally accepted as a valuable asset which makes it more valuable than crypto.

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Re: Can Crypto be more valuable than gold ?
« Reply #80 on: October 28, 2019, 08:24:51 AM »
Yes, they can be. Because in 2017, the most mainstream of cryptocurrency Bitcoin’s value surpassed the price of one ounce of gold. That price movement marked a weird yet auspicious moment in world economic history. Although gold has traditionally been used as a secure asset and cryptocurrencies are subjected to volatility of their price, still Bitcoin’s rise in value is regarded as encouraging for the other cryptocurrencies. If it continues to gain value like this in the future, Bitcoin can prove itself as an easier to accept and a legitimate form of currency.

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Re: Can Crypto be more valuable than gold ?
« Reply #81 on: October 29, 2019, 03:31:11 AM »
Crypto is based on technology. You know tech changes everytime as many inventions and innovations added on the real world. It's just that crypto is now the golden age where digital is implemented already. Btc already expensive compared to gold right? You can see that it has surpass its value in terms of price and usage. Of course btc supply is fixed too, so there is no issue there about the law of supply and demand. But I believe gold will never perish but only rise as it needed in our world on some aspect.
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Re: Can Crypto be more valuable than gold ?
« Reply #81 on: October 29, 2019, 03:31:11 AM »


Offline Andruha1993

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Re: Can Crypto be more valuable than gold ?
« Reply #82 on: October 29, 2019, 06:56:25 AM »
I think cryptocurrency cannot be more valuable than gold. Because gold has always been, is and will be the most valuable. But I would really like cryptocurrency to be more valuable than gold. But these are just my dreams.
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Re: Can Crypto be more valuable than gold ?
« Reply #83 on: October 30, 2019, 02:01:23 PM »
Crypto could be valuable than gold but it won't be able to replace the stability of gold in the market. Gold still dominates because as far as I know gold never depreciates.

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Re: Can Crypto be more valuable than gold ?
« Reply #84 on: October 30, 2019, 07:18:50 PM »
I think cryptocurrency can be more valuable than gold, but some countries still have restrictions on the circulation of cryptocurrency. Because 1 bitcoin itself costs more than 1 gram of gold.
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Offline Delgboke

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Re: Can Crypto be more valuable than gold ?
« Reply #85 on: October 31, 2019, 03:15:24 PM »
Yes cryptocurrency will be more valueable than gold reason been that in cryptocurrency innovation rules the cryptocurrency market, these are one of the reason cryptocurrency have to be more valueable than gold because I don't think there's any innovation ideal towards gold.
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Offline Lanirex

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Re: Can Crypto be more valuable than gold ?
« Reply #87 on: October 31, 2019, 07:12:28 PM »
Some people think that Cryptocurrency is more valuable than gold, this is said because Cryptocurrency has a value that can change quickly and is higher than Gold, But for some people, of course, other opinions, especially traditional people they prefer gold than gold.

Offline tervel

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Re: Can Crypto be more valuable than gold ?
« Reply #88 on: November 01, 2019, 02:57:03 PM »
Gold has proven that it’s still one of the most solid and long-term investments today.
Bitcoin certainly does not glitter, but that isn't stopping it to interest of traders around the world.Yes BTC can be more valuable than gold.

Offline Confero

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Re: Can Crypto be more valuable than gold ?
« Reply #89 on: November 03, 2019, 12:26:48 PM »
Cryptocurrency can certainly be more valuable than gold, just look at Bitcoin and expensive price coins like BCH and Ethereum.
Cryptocurrency has many advantages over Gold, Cryptocurrency can increase its value in a very short time, and that has never happened in Gold.

 

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