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Author Topic: Can Crypto be more valuable than gold?  (Read 5101 times)
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February 06, 2021, 06:02:07 AM
 #341

yes of course, of course crypto can be more valuable than gold, but gold has a lower risk even almost no risk, otherwise crypto has a high risk. but the crypto trend is currently positive and very good for investing

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February 06, 2021, 07:10:47 AM
 #342

The future is unpredictable. So is crypto. As long as the technology does not die from something, for example, there is a meteor falling to earth and destroying the technology,
then crypto will disappear and gold will be lucky. But I hope that’s not the case, so the popularity of crypto will beat gold, but at the moment the world gold marketcap is worth
$10 trillion, and crypto is not achieving that. But people are already literate about crypto, so crypto has opportunities.

But the value is not only in the abstract market capitalization, because in modern times it is just numbers in fiat (which everyone around who loves the crypto hates). The value is also the quality of the object itself as such. Gold has this quality because it is a physical object with many practical applications. And cryptocurrency is devoid of this value in principle.
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February 06, 2021, 07:22:38 AM
 #343

As far as I know, Bitcoin (BTC) already surpassed Gold in every way possible. Thats like an inevitable event. Volume of BTC is considerable growing even faster than we all have anticipated.
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February 06, 2021, 07:36:20 AM
 #344

As far as I know, Bitcoin (BTC) already surpassed Gold in every way possible. Thats like an inevitable event. Volume of BTC is considerable growing even faster than we all have anticipated.

Nobody doesn't expect such a huge trend for Bitcoin, which it has already surpassed more valuable than gold, now Bitcoin has become more valuable than gold, due to because most of the institutional investors will start holding the Bitcoin instead of Gold. We should Bitcoin is also one of the commodities like gold.

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February 06, 2021, 07:05:25 PM
 #345

gold and bitcoin are almost similar but different, especially with Gold may still be a safe asset for everyone, but for sure only outdated investors will love this option. I put my trust in Bitcoin because this coin will definitely change the world one day and will be an asset for everyone to consider. As we see this market situation exploding, that the price of BTC has increased significantly and some other top altcoins like ETH.

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February 06, 2021, 07:13:59 PM
 #346

Crypto currencies are more valuable than gold. fantastic prices then do not require a large space for storage to be the advantage of crypto. We are not worried about storing Bitcoin compared to storing gold in our homes.

Good point. Also if we every sort out astroid mining there goes any scarcity for gold. Obviously sci-fi ish but you get my drift.
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February 06, 2021, 07:39:11 PM
 #347

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?

crypto can definitely be more valuable than gold. now the price of 1 bitcoin is equivalent to 1/2 kilogram of gold. This is very fantastic for people who are unfamiliar with bitcoin .. if they know the price of bitcoin will soar far then I am sure that gold holders will switch to investing in bitcoin. but in the crypto world there is a high risk so many people don't want to take that risk and stick to pure gold.

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February 06, 2021, 11:15:01 PM
 #348

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?

crypto can definitely be more valuable than gold. now the price of 1 bitcoin is equivalent to 1/2 kilogram of gold. This is very fantastic for people who are unfamiliar with bitcoin .. if they know the price of bitcoin will soar far then I am sure that gold holders will switch to investing in bitcoin. but in the crypto world there is a high risk so many people don't want to take that risk and stick to pure gold.
In fact it's not just a matter of higher or lower prices. if the OP asks about which one is more expensive, of course bitcoin. But if it's a matter of value, I think gold is still superior. gold is better in terms of physical value and also trust in the public

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February 09, 2021, 01:35:20 PM
 #349

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 gained much more popularity in a very short period of time. But I think there is still a long way to go to be more valuable than gold. Because the value of cryptocurrency is more volatile than gold. Bitcoin of $19000 in 2017, $3000 in 2018-19 and $44000 in 2021. Bitcoin is still banned in many countries of the world. But I hope one day crypto will be more valuable than gold.
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February 09, 2021, 01:50:16 PM
 #350

very much the possibility of exceeding the price of gold,and people now understand better what digital money is, especially bitcoin, a good long-term investment, but all of that is also full of challenges because you have to be tidier in your bitcoin investment..

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February 09, 2021, 01:52:01 PM
 #351

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?
crypto today when viewed from any side is more valuable than gold. because as we know that crypto is easy to get high prices if the market is good, in contrast to gold it will be difficult to get high prices because it has to go through a moment.
so crypto will still be more valuable than gold

crypto is more valuable than gold I think yes you are right
but behind the advantages there are definitely weaknesses where crypto has a volatile nature where the price tends to be unpredictable and can hurt the owner's financial suddenly
different from gold from what I have seen and learned if it goes up it is difficult to go down if possible only little

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February 09, 2021, 03:19:52 PM
 #352

very much the possibility of exceeding the price of gold,and people now understand better what digital money is, especially bitcoin, a good long-term investment, but all of that is also full of challenges because you have to be tidier in your bitcoin investment..
Until now, cryptocurrency is much better known to many people than 3 to 5 years ago,
and of course people have also learned or at least read about cryptocurrency,
and to invest especially investing in crypto is not as easy as imagined by people who just buy then hold and sell when the price is high,
however, investing certainly requires a strategy in order to get the desired profit

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February 09, 2021, 03:28:15 PM
 #353

The transition is taking place before our eyes, if you take a closer look at what is happening, then we see a big gap from the conservative way of investing in a new digital format. The answer to your question is, yes, I think it can and will.
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February 09, 2021, 04:14:04 PM
 #354

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?
crypto today when viewed from any side is more valuable than gold. because as we know that crypto is easy to get high prices if the market is good, in contrast to gold it will be difficult to get high prices because it has to go through a moment.
so crypto will still be more valuable than gold

crypto is more valuable than gold I think yes you are right
but behind the advantages there are definitely weaknesses where crypto has a volatile nature where the price tends to be unpredictable and can hurt the owner's financial suddenly
different from gold from what I have seen and learned if it goes up it is difficult to go down if possible only little
Agree that crypto is more valuable than gold but we need to define exactly that the value of crypto is always temporary, short-term value is the essence of crypto, there are no exceptions in this market. However, considering the long term, the value of gold has more stable and developed milestones, this year may be a bad year for gold but after the economy stabilizes, gold will still go forward, while crypto is very good this year but the next year is something that is hard to predict, a few years I see people in a crypto crisis when the value of crypto falls to its bottom too deep

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February 09, 2021, 05:17:44 PM
 #355

Yes, obviously. Also crypto coins are more secure than your gold and more profitable.

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February 09, 2021, 05:19:28 PM
 #356

I'm not so sure about Bitcoin beating gold. Bitcoin is still a new category in the world whereas gold is hundreds of years old and has proven to be strong in confidence. gold has gone through many crises or wars.
 If you look at the market chart last year, how much did bitcoin decline because of the global pandemic? bitcoin is only suitable for short term investment or trading
for now, don't look at the past. To be honest, there are quite a few cryptos that have beaten gold in terms of price and attractiveness. even though this is my opinion, but the current crypto price continues to grow, even Elon Musk is also very interested in it and makes crypto even more popular. even today the price of bitcoin is almost beating 1 kg of gold, or even surpassing that.

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February 09, 2021, 06:48:26 PM
 #357



If, for example, long-term investments are taken into account for 10-15 years, gold will increase its value quite strongly. If we consider a short period of time - a month or a year, the cryptocurrency will bring its owner much more. Therefore, you need to act only out of personal preference.

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February 09, 2021, 08:24:27 PM
 #358

Its Hard to predict such kind of thing but not impossible. gold market is trillions of dollars and crypto industry is still smaller than it but its getting bigger with time.crypto wasn't so polular some years ago but mainwhile it touched four hundred billion dollar marketcap and going on.still there are many people who don't know about Crypto.if crypto could reach to among, then crypto industry will more bigger than now,even maybe than gold

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February 09, 2021, 08:31:10 PM
 #359

Its Hard to predict such kind of thing but not impossible. gold market is trillions of dollars and crypto industry is still smaller than it but its getting bigger with time.crypto wasn't so polular some years ago but mainwhile it touched four hundred billion dollar marketcap and going on.still there are many people who don't know about Crypto.if crypto could reach to among, then crypto industry will more bigger than now,even maybe than gold
Imagine if crypto will become globally well-known. In Asia around only 25% of the people know the basic concept of crypto, just the basic. 10% of that 25% are the real crypto literate. The rest 70% to 75% of the population don't have any idea or even didn't the existence of crypto. So if all the people will become educated about crypto, imagine the financial capabilities of it. Maybe all type of business in business industry will be dominated by crypto.

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February 09, 2021, 09:37:09 PM
 #360

base on current situation it can happen, but the unique thing about gold is that it can stand the test of time, but crypto possess fluctuation as it major characteristics since it value is determine by force of demand and supply. so we can say that maybe in short run it can, but never in long run.

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