CuriousGeorge
Sr. Member
Offline
Activity: 1498
Merit: 251
KUWA.ai
|
|
May 24, 2018, 08:48:20 AM |
|
Just speaking the fact here, crypto is being used as a speculative tool heavily where gold, so many people consider as an investment or a form of wealth saving, this alone answers your question that cryptocurrency will never ever become as stable as gold and the market capitalization is kinda too low for bitcoin or any crypto summed up to prevent any form of manipulation, even if bill gates want he would easily manipulate the price of bitcoin.
|
|
|
|
hengha
Member
Offline
Activity: 462
Merit: 10
|
|
May 24, 2018, 09:39:41 AM |
|
I think that cryptocurrency is now an investment commodity, and gold has become a commodity with a horizontal price. The price of cryptocurrency changes every day, so it is very unstable!
|
|
|
|
caisa88
|
|
May 24, 2018, 10:35:55 AM |
|
Yes, in the future the prices of the cryptocurrencies will begin to be more stabilised then they are now. However, now we are still in the early stages and we can see frequently changes in prices for some altcoins of more than 100% in a day.
|
|
|
|
sasisa
Member
Offline
Activity: 154
Merit: 30
|
|
May 24, 2018, 10:46:29 AM |
|
Perhaps if only in the distant future. But now it's impossible to imagine. So far, the price of gold is controlled by Central banks
|
|
|
|
fransxavariustintin
Newbie
Offline
Activity: 140
Merit: 0
|
|
May 24, 2018, 10:55:26 AM |
|
I agree with your opinion, crypto has an unstable value like gold, if crypto is used for daily transactions like the currency we use in the real world, then I think crypto will have a stable value.
|
|
|
|
newcoin01
|
|
May 24, 2018, 11:22:37 AM |
|
There are stocks, banknotes, golds... out there. Some are volatile some are not. We have gold based token, stablecoins are being talked lately so much, and the other ones like security, utility tokens which I expect volatile...
|
|
|
|
efodix
|
|
May 24, 2018, 11:36:18 AM |
|
The market capitalization and liquidity of the gold today is larger comparing to bitcoin which is believed to be new gold (like Worren Buffet says), so it is still more volatile and nothing indicates it become less volatile in the future.
|
|
|
|
billbear
Member
Offline
Activity: 294
Merit: 10
|
|
May 24, 2018, 03:06:56 PM |
|
One my mate said a great thing. Crypto is volative, if not - we would not need a crypto at all. This is the key
|
|
|
|
tony kurniawan
Newbie
Offline
Activity: 151
Merit: 0
|
|
May 24, 2018, 03:11:58 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 crypto the future will be more popular and many stores are receiving payments via bitcoin, but for the price stability I think it's hard because crypto has decentralized system and it will not be stable anytime.
|
|
|
|
MataHati
Jr. Member
Offline
Activity: 280
Merit: 3
|
|
May 24, 2018, 03:17:57 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?
people's perceptions vary the same thing as we work, not necessarily people see our work is easily undertaken. how we live it alone, remain grateful when we live happily.
|
|
|
|
mitrajkt
Newbie
Offline
Activity: 508
Merit: 0
|
|
May 24, 2018, 04:13:54 PM |
|
Gold prices are more stable than crypto and maybe that's one reason why people prefer gold and crypto not everyone knows it and sometimes prices go up sometimes degenerate, but crypto has an advantage in terms of security but if used for everyday purposes I think for now it has not been strong for some countries since it has not been allowed to be a legitimate means of exchange.
|
|
|
|
TirionLannister
Member
Offline
Activity: 476
Merit: 12
|
|
May 24, 2018, 04:20:32 PM |
|
Can be. But this is possible only after all real money has completely disappeared. Therefore, we wait another 10 years.
|
|
|
|
Azna Azhar
Newbie
Offline
Activity: 153
Merit: 0
|
|
May 24, 2018, 04:32:42 PM |
|
Gold prices are more stable than crypto and maybe that's one reason why people prefer gold and crypto not everyone knows it and sometimes prices go up sometimes degenerate, but crypto has an advantage in terms of security but if used for everyday purposes I think for now it has not been strong for some countries since it has not been allowed to be a legitimate means of exchange.
What you say I think is true. People may prefer gold because it has a stable price and always increases over time. Gold becomes a good investment medium and crypto becomes an investment medium that can provide high profits. Today, many people are getting rich by crypto, and I have seen the evidence. However, all forms of investment have risks, I think investing in crypto is higher than gold investment.
|
|
|
|
Nakasoshi
Member
Offline
Activity: 156
Merit: 10
Empowering crypto w/ sustainable energy
|
|
May 24, 2018, 04:33:49 PM |
|
Altcoins will never ever be the same as gold in my opinion they are more comarable to somethink like stocks. But bitcoin is in my opinion ideed comparable to gold
|
|
|
|
nata777
|
|
May 24, 2018, 04:41:16 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 that with gold you can only compare bitcoin. The rest of the coins are more appropriate to compare with the stocks of IT start-ups
|
|
|
|
zalizoll
Newbie
Offline
Activity: 115
Merit: 0
|
|
May 24, 2018, 04:47:58 PM |
|
I think gold is more stable than gold crypto.investasi more difficult to develop when d compare crypto.gold more suitable in say as a savings than in say as an investment.becouse gold can not grow its value.
|
|
|
|
el kaka22
Legendary
Offline
Activity: 3710
Merit: 1170
www.Crypto.Games: Multiple coins, multiple games
|
|
May 24, 2018, 06:33:57 PM |
|
I don't think so. Even if Bitcoin or any other cryptocurrency is adopted by all the people, there will be whales that can manipulate prices. The reason why gold price is more stable is not its adoption. Gold price is controlled by central banks.
Right, but let's not forget that in a market with a lot of potentials, the institutions will always have to get a huge position in such market and I would not be surprised if this market turns out to be like that. However, it would not change its decentralized nature anyway, but the thing here is that with a huge market capitalization and great level of adoption, it is entirely possible to have less fluctuation, but when is what we do not know. With a huge market cap, I believe less volatile than gold is going to be possible. This is still a very small market compared to the larger market and we still do have a long way to go, which I believe anyone who understands the future potential will definitely know better. There would be less fluctuation in the long run, but we are still far from it I believe and with real life usage and main stream adoption, I believe we can get there fast.
|
|
|
|
FreddySelvig
Newbie
Offline
Activity: 125
Merit: 0
|
|
May 24, 2018, 06:41:29 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?
It depends on what place bitcoin will take in the future. If he will be in the role of a payment system or in the role of storing value - these are very different things. In any case, I think that it will not be soon
|
|
|
|
crypmike
|
|
May 24, 2018, 06:50:09 PM |
|
For sure it can Volatility is about liquidity and amount of money in an asset. As more money as less volatility So in far far future when btc will be as common as credit cards I think it's very possible
|
|
|
|
lucemferrum01
Member
Offline
Activity: 245
Merit: 10
The Future Of Work
|
|
May 24, 2018, 06:53:09 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?
If i will choose between crypto and gold? Crypto is definitely my choose. Yeah you're right that crypto and gold has similarities but in becomes of value i think crypto is so different in gold because crypto is can be become more valuable than gold if the market has a moon.
|
|
|
|
|