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ngamuk tok
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August 17, 2018, 03:18:23 PM
 #1

What is the most expensive commodity at the moment? besides gold and diamonds.
and is bitcoin included in it? please share your knowledge about this.
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August 17, 2018, 06:26:29 PM
 #2

Many other commodities whose prices exceed gold are new bitcoin technologies because currently 1 Bitcoin is more expensive than 1 ounce of gold and now bitcoin crypto is the most popular in the world.
tot-o
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August 17, 2018, 06:55:06 PM
 #3

Aside from gold and precious stone, food are becoming more and more expensive, new gourmet are now finding new ways of cooking meats with extra care and powerful techniques that make food taste as extra ordinary.... And restaurant sell it as one Bitcoin per plate...
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August 17, 2018, 07:02:13 PM
 #4

It depends on how many karats does gold have, and how big diamond is, bitcoin is a virtual currency and because of it's volatility and being unregulated is a factor that it has an undeprictable price which can overthrew prices of gold and diamonds. 

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August 17, 2018, 07:10:50 PM
 #5

I think that the bitcoin is included because gold is compared to bitcoin but as we all know bitcoin may be included or not is because of bitcoin's unpredictable price.

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The Pharmacist
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August 17, 2018, 07:15:48 PM
 #6

There's no good way to tell if a commodity is "expensive" or not, unless you're looking at previous prices.  Oil isn't at its all-time high, nor is bitcoin, nor are precious metals.  If you were talking about the stock market (which you're not), you could look at price/earnings ratios, and that would tell you if a stock was expensive because there are yardsticks people measure that by.  Not so in the commodity market as far as I know.  If anyone can educate me about that, I'd love it.

Bitcoin is pretty expensive IMO if you compare it to 2010.  This is relative, though.  If it hit $100k in 2025 we could look back and say it was cheap in 2018.  It's kind of a weird question.

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August 17, 2018, 07:49:21 PM
 #7

Most likely some sort of diamond. Some diamonds of the rarer kind go for insane amounts a gram. Of course, the problem is they are often faked, so the market is most likely inaccurate, rigged, since they are very hard to discern from the real deal. See:

https://en.wikipedia.org/wiki/Synthetic_diamond

Another reason to hold Bitcoin above other assets.


There's no good way to tell if a commodity is "expensive" or not, unless you're looking at previous prices.  Oil isn't at its all-time high, nor is bitcoin, nor are precious metals.  If you were talking about the stock market (which you're not), you could look at price/earnings ratios, and that would tell you if a stock was expensive because there are yardsticks people measure that by.  Not so in the commodity market as far as I know.  If anyone can educate me about that, I'd love it.

Bitcoin is pretty expensive IMO if you compare it to 2010.  This is relative, though.  If it hit $100k in 2025 we could look back and say it was cheap in 2018.  It's kind of a weird question.

The most expensive stock has to be Berkshire Hathaway A. I remember in 2008 it had a massive crash from $150,000 to $75,000 and people were tripping and thinking everything was going to 0:



Ten years later and it has finally crossed the $300,000 line:





You can look at that all time graph and get an idea of how the BTC all time graph will be in 20 years, the good news is we can get at near the bottom.

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August 17, 2018, 08:39:54 PM
 #8

I did a Google search of the most expensive and the search result that was returned had one interesting item, which was edible gold. For real, I never knew they was such a term as that.
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August 17, 2018, 08:50:50 PM
 #9

Many other commodities whose prices exceed gold are new bitcoin technologies because currently 1 Bitcoin is more expensive than 1 ounce of gold and now bitcoin crypto is the most popular in the world.
It also depends on how people perceive it to be goods. Diamonds, may be more expensive than gold. And rubies can also be more expensive than diamonds. But if it's real estate, it's more expensive than all. I think so.

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aoluain
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August 17, 2018, 08:54:01 PM
 #10

I would have thought saffron would be the most expensive commodity. Its certainly more
expensive than Gold and yes bitcoin can be considered as one of the most expensive
commodities in the world. Amazing when you think it is not a physical item.

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August 17, 2018, 09:39:33 PM
 #11

What is the most expensive commodity at the moment? besides gold and diamonds.
and is bitcoin included in it? please share your knowledge about this.
Here a near fact from someone I know:
 Smiley

Basing from the informations that I got before, which means someone  told me or I heard it from the news that silver is the the espensive some as well because of this one when nack than the gold itself was the number one best use to make products.

I did a Google search of the most expensive and the search result that was returned had one interesting item, which was edible gold. For real, I never knew they was such a term as that.

Also dear OP ngamuktok you have a word bitcoin here but besides that you can also search google for reason that this person could tell it from the google but not like mine my information was a person or rather the news itself.

___________.


Stil, Come to think about it bitcoin is the new Gold in todays history/era and because it is common you know and see the reason that bitcoin got to help people and make everyone rich way back before bitcoin started.

BagzMM
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October 22, 2018, 12:51:33 AM
 #12

In my opinion, as what we had experience in our country. The most expensive commodity are goods. The high increase of the price of rice, the most affected are those belong to the lower level community.

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Ewinsane
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October 22, 2018, 07:12:54 PM
 #13

What is the most expensive commodity at the moment? besides gold and diamonds.
and is bitcoin included in it? please share your knowledge about this.
Probably those sapphire, emerald, ruby type things, they feel like they must be really expensive as well and I think they pass as comodity. Not sure if they are really commodity or if they are expensive for that scale but it feels like it.

Oil is a "comoddity" if you count that, it is not really that expensive if you take a litre of it but if you consider the sales of that happens by galons that could be considered expensive as well. If we are looking at as less space as possible for as much money as possible than we can count bronze and silver and also platinum could be one of the highest ones as well and truffles are really expensive for each one as well.

There are many stuff that really worths a lot but it all depends on the size you want and what you are looking for in price. If you collect a million iphone X together it probably only covers couple dozen containers at most but it would worth insanely.
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October 22, 2018, 09:04:48 PM
 #14

Aside from gold and other currencies and including crypto, a commodity that is steadily increasing and hurts my purse is the price of gas. Everyday I travel and as days gone by the price is increasing. The fact that Christmas is coming will make things harder as all general needs will dramatically hike in price. I will disregard this event if crypto will also follow and doubled even from past ATH.

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October 22, 2018, 10:15:28 PM
 #15

The most expensive commodity is: time.

Inflation growing at a faster pace than wages places the average worker further behind via declining standard of living. The greater number of distractions society faces from social media and other time wasting / time draining content can make it more difficult to focus on goals. It becomes harder to differentiate between what is important and what is not.

Basic necessities like healthcare, higher education, homes and student loans becoming more expensive generally implies greater quantities of time are required to afford these things. Rent, food and basic living prices are also inflating which implies less time.

Many people need to work 2 or 3 jobs to make ends meet. This leaves them with little or no time to devote to other things. Having the time to pursue hobbies, side hustles, personal interests. Or even having the time to spend with love ones, family or people you care about. These things are increasingly becoming a luxury. And so I'll go out on a limbe and say time is the most expensive commodity. And possibly also one of the more key commodities which will determine success/failure in a person attempting to attain financial freedom, start their own business, become their own boss, get a college degree or otherwise invest in things which could dramatically affect the quality of their life for the better.

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October 22, 2018, 10:25:45 PM
 #16

Except for diamonds of great value because it is extremely rare Bitcoin is also a valuable asset today and the value of bitcoin is growing year by year. With a small amount of money I still believe that the value of Bitcoin will continue to increase over time if the cryptocurrency market does not die.

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October 22, 2018, 11:12:19 PM
 #17

You should specify your question, is this on physical commodity or digital. If you mean that is physical commodity of course the answer is diamond. This is the most expensive today or even in the future because the quantity is limited by the entity such as government and others. It aims to maintain the existence of source nature of diamond itself. In digital, I think Bitcoin is the highest value be because a single Bitcoin similar to a car price. 

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October 22, 2018, 11:38:08 PM
 #18

What is the most expensive commodity at the moment? besides gold and diamonds.
and is bitcoin included in it? please share your knowledge about this.

You can also include oil in the discussion. Of course its obvious if we are talking about physical commodities because diamond and gold are very expensive. But there's another category that just recently pop-up, that is digital commodities so there's no doubt that bitcoin is the most expensive. Heck the price of 1 BTC is more expensive that a ounce of gold or 1 carat of diamond.

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October 22, 2018, 11:47:52 PM
 #19

Aside from gold and other currencies and including crypto, a commodity that is steadily increasing and hurts my purse is the price of gas. Everyday I travel and as days gone by the price is increasing. The fact that Christmas is coming will make things harder as all general needs will dramatically hike in price. I will disregard this event if crypto will also follow and doubled even from past ATH.
finally, a real talk user. I firmly believe oil can play a vital part in the economy of the world. Oil is a commodity that has the ability to impact everything that we have and need in this world. Take for example, goods in the groceries. If the price of Oil spiked in price, the prices of other commodities like groceries also increases, from production to delivery. everything depends on oil. Adding up to that let us be aware that the sources of natural gas is depleting, so expect that in the coming years, prices of other commodities will also increase. Diamonds, jewels, and other stones even fiat and crypto cannot be used to operate production. just saying. Smiley

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October 23, 2018, 01:28:59 AM
 #20

If you're just talking about the most expensive"thing" in the market then I'll say precious gems and stones since they have absolutely no use and are just merely decorative. But if we're takling about a commodity where people iuse it all the time then I'd say crude oil is at the very top, considering that it is getting harder to get that stuff now.

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