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Author Topic: Can Crypto be more valuable than gold ?  (Read 36996 times)

Offline Joyjoyce0

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Re: Can Crypto be more valuable than gold ?
« Reply #120 on: August 16, 2020, 09:31:12 PM »
Sure,  it can. We all can see the stunt cryptos are pulling in the world financial market. Gold is a commodity with almost fixed uses. But Crypto backed with blockchain technology can be put into diverse applications which will invariably appreciate its values. 

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Re: Can Crypto be more valuable than gold ?
« Reply #120 on: August 16, 2020, 09:31:12 PM »

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Offline Quart

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Re: Can Crypto be more valuable than gold ?
« Reply #121 on: August 16, 2020, 10:30:48 PM »
If we consider the chance to get higher profits, then I agree that crypto is more valuable than gold. We all know that crypto price can increase very significantly, while gold increases gradually. It is not instantly as crypto, also not improve as fast as crypto price. Well, this is the real advantage of crypto.

Offline Gurjasmeet Singh

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Re: Can Crypto be more valuable than gold ?
« Reply #122 on: August 17, 2020, 01:54:14 PM »
Yes ofcourse, l think crypto will be more valuable instead of gold. Although now crypto market is going slow price in the market. But l believed  & good trust in crypto.

Offline TERMINO

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Re: Can Crypto be more valuable than gold ?
« Reply #123 on: August 17, 2020, 02:27:18 PM »
When the world love crypto than gold that will be the right time to say crypto is more valuable than gold. In the last days people will slowly depart from gold and probably will love crypto currency. Obviously, the world now is coming up to high technology revolution including financial aspect the primarily needs of people to buy essential foods.
Cryptocurrency ecosystem services introduce the future life of humanity.
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Offline Michael.sol

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Re: Can Crypto be more valuable than gold ?
« Reply #124 on: August 17, 2020, 05:12:04 PM »
I also believe that Crypto market is still better as compared to gold Market . I never try gold for trading purpose , because I makes good profit in Crypto market.
Gold is also a valuable coin if we used gold coin as a long-term investment .

Offline masterrex

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Re: Can Crypto be more valuable than gold ?
« Reply #125 on: August 17, 2020, 05:33:29 PM »
Yes, cryptocurrency may be more valuable than gold and it's already happening now bitcoin is more valuable than gold today if we look closer why bitcoin is more expensive than gold because bitcoin has fix limited supply meaning it was more scarce than gold thats why its more expensive store of value asset.

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Re: Can Crypto be more valuable than gold ?
« Reply #126 on: August 17, 2020, 08:07:38 PM »
I do not agree that crypto can be more valuable than gold. If we mention profit wise in a short period of time, then definitely crypto offers more profit. But in a neutral sense, if you ask me what do i invest upon, i definitely will get gold, a stable coin, assures my wealth for a very long time.

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Re: Can Crypto be more valuable than gold ?
« Reply #126 on: August 17, 2020, 08:07:38 PM »



Offline highnayem34

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Re: Can Crypto be more valuable than gold ?
« Reply #128 on: August 17, 2020, 08:56:43 PM »
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.
If you was talking about this in 2013 then you are right. At the time of cryptocurrency trading bitcoin start no one could ever thought cryptocurrency like btc, eth can be more profitable than gold. So now in reality it already happened.
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Offline highnayem34

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Re: Can Crypto be more valuable than gold ?
« Reply #129 on: August 17, 2020, 08:59:50 PM »
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.
Nope cryptocurrency is much welthier platform for future investment. Ever side has its different types of risk level. Just think 5 years ago who was invested in bitcoin check theier money now.
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Offline highnayem34

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Re: Can Crypto be more valuable than gold ?
« Reply #130 on: August 17, 2020, 09:02:53 PM »
This could happen if crypto enthusiasts increase and leave gold investment. but it's very difficult this can happen. Gold investment is more real because gold can be used and owned as an item.
It already happened few years back. When bitcoin surges the price over 10 thousand dollars. Obviously cryptocurrency is much more profitable platform than gold investment.
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Re: Can Crypto be more valuable than gold ?
« Reply #131 on: August 17, 2020, 09:07:17 PM »
However, I think that Gold is still more valuable and trustable for future investment even if crypto is also good for investment. Gold has more stable in prices, it tends to be always growing. Gold is also accepted in all countries in the world as a symbol of luxury.

Gold’s valuable as a material for consumer goods such as jewelry and electronics. Regardless of demand, supply remains disproportionately low. Gold cannot be manufactured like a company issues new shares, or a federal bank prints money. On other hand,

Bitcoin is a blockchain-based cryptocurrency that shares some properties with its gold counterpart. In fact, many have called bitcoin “digital gold” in the past due to its weak relationship with all other assets
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Re: Can Crypto be more valuable than gold ?
« Reply #132 on: August 17, 2020, 09:13:28 PM »
I would not want to compare the price of individual cryptocurrencies with gold. These are disparate financial assets that have almost the exact opposite of each other. And in fact, what kind of measurement measures to compare, say, bitcoin with gold. A kilogram of gold with bitcoin, and Satoshi with a gram?
Ha ha ha... a kind of good joke. Cryptocurrency investment or gold investment do you prefer??? I am with gold investment.
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Re: Can Crypto be more valuable than gold ?
« Reply #133 on: August 17, 2020, 09:17:57 PM »
Everything is possible, because cryptocurrency is developing very quickly and when all countries will legalize cryptocurrency, if of course this happens, then cryptocurrency will become more valuable and will develop even faster and then there will be a chance.
Crypto front of course everyone wants to know when is crypto going to have its next big move and I think it will be another year, just because it had such a significant move. It still needs to sort out its high transaction costs and slow transaction dealings right now.”
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Offline highnayem34

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    Third year Anniversary 10 Posts First Post
Re: Can Crypto be more valuable than gold ?
« Reply #134 on: August 17, 2020, 09:22:20 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".
If you understand the potential impact of Bitcoin, it won't be hard to understand why investing in bitcoin may be a good idea.
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