chabapok
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The World’s First Blockchain Core
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November 08, 2018, 11:32:43 PM |
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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 seems impossible for me. Yes many people comparing crypto to gold because cryptos have limited supply and need to be mined but too many people invested in cryptocurrencies because market is very volatile and it seems like attractive for investors. So i think volatility is the most important thing in crypto market. If it will end in the future crypto will be less popular. But surely it can be for coins which have big marketcap.
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triciaa478
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November 08, 2018, 11:41:22 PM Last edit: November 09, 2018, 01:17:54 AM by triciaa478 |
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I think gold is more stable than crypto. The price of gold in the five year period is quite stable and hang around a particular price range. Unlike crypto like Bktcoins or Ether which within the same five year period has seen a volatile price swing from high to low or vice versa .
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Luna0120
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November 16, 2018, 10:55:11 AM |
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Feature of cryptocurrency in high volatility and yet what to take from it all that is possible. I don't think low volatility is what we really need at the moment. And gold do not need to compare
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jan.nicolas
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November 16, 2018, 10:59:36 AM |
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Now, it’s probably not necessary to talk about it at all, because in general, cryptocurrency is probably the very sector of the market that is not predictable today, since it is manipulated by very rich people who have already managed to buy a lot of BTC
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allohha
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November 16, 2018, 11:03:33 AM |
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Now, it’s probably not necessary to talk about it at all, because in general, cryptocurrency is probably the very sector of the market that is not predictable today, since it is manipulated by very rich people who have already managed to buy a lot of BTC
I fully agree with you and I want to add that I work in the field of cryptocurrency business cannot be sure of anything at all. But I want to say that the Chinese government is doing the right thing when it starts buying all precious metals with the help of cryptocurrency.
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hrunya102
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November 16, 2018, 11:05:46 AM |
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Without the participation of the regulator to reduce volatility will be very difficult, at any time a big player can affect the market.
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MelodyCrypto
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November 16, 2018, 11:23:25 AM |
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Without the participation of the regulator to reduce volatility will be very difficult, at any time a big player can affect the market.
yes I agree with you, Fiat and Gold prices can be stable and have low volatility because there are regulators who protect them so to reduce the volatility in cryptocurrency it seems very impossible considering more liquid and decentralized
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nemesio
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November 17, 2018, 09:29:00 AM |
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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 seems to me that this can only happen after a while. This is a very complex process and it needs at least some stability, which the crypto-currency market can not exactly boast of
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bitbabba
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November 17, 2018, 09:30:24 AM |
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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 seems to me that this can only happen after a while. This is a very complex process and it needs at least some stability, which the crypto-currency market can not exactly boast of You can't say this for cryptocurrency, maybe one of those cryptos (ripple, ethereum, bitcoin etc.) can be used for grocery shopping in the near future but not all cryptos can do that.
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Hc01
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November 17, 2018, 09:39:12 AM |
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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?
Crypto world is just new market, but gold has existed for a long time so it has lost it's volatility. After 5-10 years we can see more stable market for crypto when something can be controlled and big whales can not speculate, then we can see less volatility.
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Fedots83
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November 25, 2018, 09:03:08 AM |
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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?
Some coins may be stable, but most of prices are formed by demand and supply, so it is not like for crypto to become much more stable than gold.
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Barbatos
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November 25, 2018, 09:11:04 AM |
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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?
Not all tokens are volatile. For example, XRP and LTC are much more stable than gold, but still they are not pretty widespread. I hope for situation to change.
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siequelahe
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November 25, 2018, 10:23:49 AM |
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Just Hodl, friends
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Maheshkumar_Hrangkhawl
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November 25, 2018, 10:37:33 AM |
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I don't think that crypto will ever be stable. And it is not supposed to be stable. If you want a stable asset, then you should invest in bullion coins or treasury bonds. Crypto will not serve that purpose.
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memFISTO
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November 26, 2018, 09:49:14 AM |
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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?
Gold is not so volatile, but it is clear that amount of gold is limited. We cannot say the same thing about cryptocurrency market and this is the main reason of volatility.
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wareck
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November 26, 2018, 11:26:47 AM |
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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'm not exactly sure about that. It seems to me that if cryptocurrencies are less volatile than gold, then we will not need them as much as now and therefore cease to earn
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TamaraKul
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November 26, 2018, 01:41:14 PM |
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There are coins that are backed by gold and most of them are prety stable. You may find more info on the web, but my point should be clear.
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Uguande
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November 26, 2018, 02:01:43 PM |
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Feature of cryptocurrency in high volatility and yet what to take from it all that is possible. I don't think low volatility is what we really need at the moment. And gold do not need to compare
Yes, high volatility - is main feature of the cryptocurrency. And there are many opportunities to earn money because of that. On the other hand, this volatility is too high, so many people just afraid to invest
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chakhigh
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November 26, 2018, 02:08:01 PM |
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Using common sense, this is not a short-term, easy thing to achieve! Because, Gold price is mostly controlled by Central Banks, not just the adoption thing. Plus, we can make Crypto price stable if we just Back it up with precious metals price, like gold. If you analyse the fiat currency price, you'll notice its measurable by Gold too. So, in order to resolve the Volatility issue, we have to use Tokenized precious metals. Gigzi current ICO project will make this possible and more effective, using a unique decentralized business model: https://gigzi.com
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Alexeu00011
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November 27, 2018, 10:07:27 AM |
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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 seems to me that the best situation, which was about a year ago. Then we made a lot of money and it was cool. But now I do not see this, as the volatility has fallen at times. This is a bad thing
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