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Author Topic: Can Crypto be more valuable than gold?  (Read 5101 times)
Smartvirus
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February 09, 2021, 10:20:26 PM
 #361

If it doesn't frighten you, then it doesn't affect you @Gold/Crypto! Hope I'm right in this???
The current state of affairs has already raised concerns and comparism between the gold and crypto market which means, cryptos is going a long way to cause some depreciation in the gold market and as such, showing potential as a suitable investment. Coupled with the fact that, you can access and carry it everywhere with ease on like gold. And all this possibilities and growth is when the government are seriously against and frown at it, not to talk of a situation when the world finally gets to recognize it as a legit payment media. It would boom!

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February 09, 2021, 10:42:11 PM
 #362

It relies upon what we think about important. As I would like to think, cryptocurrency is a wide scope of coin, however gold is explicit. The solitary cryptocurrency that can be contrasted with gold as far as worth per unit is bitcoin. Gold has an incentive by its temperament and even a market isn't promptly accessible it very well may be liquefied into a few articles.
Bitcoin is a relatively new technology that has great future potentials, but right now, i believe solid gold still olds more value.

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February 10, 2021, 07:06:30 AM
 #363

In crypto, things can happen that we didn't expect, it is likely that crypto will be more prosperous than gold in the future, all have no doubt with the existence of crypto which is increasingly growing rapidly, now crypto has broken the latest records in its history so gold has long been a power investment since a long time ago and is still active today

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February 10, 2021, 07:19:48 AM
 #364

gold is a traditional asset investment while crypto is a digital asset investment. but from my point of view, crypto is much more profitable than gold, especially Bitcoin. as we can see bitcoin has now reached a price of $ 46k / btc. This is a gold asset in the digital industry, the value of gold increases every year and the price of crypto is very volatile, even though it is risky from gold but crypto is very profitable.


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February 17, 2021, 08:23:43 AM
 #365

Crypto is more valuable than Gold right now. To be specific, Bitcoin (BTC) is more valuable than Gold. The main thing about this is that BTC has a fixed number of supply thats why its price will continue to rise. Volume will keep rising.
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February 17, 2021, 09:30:33 AM
 #366

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?

yes ,, for now the price of digital currency is more popular than the price of gold. The price of gold has decreased since digital currency was more popularized. we expect future digital currency values to exceed current prices

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February 17, 2021, 09:41:31 AM
 #367

If you consider that the capitalization of gold is about $ 9 trillion. and bitcoin is currently $ 950 billion. then with such growth rates, bitcoin has every chance to overtake gold in terms of capitalization in the next 10-20 years, and there is something to strive for.
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February 17, 2021, 02:10:45 PM
 #368

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?

yes ,, for now the price of digital currency is more popular than the price of gold. The price of gold has decreased since digital currency was more popularized. we expect future digital currency values to exceed current prices
I don't think the drop is very significant so it doesn't look like it will be a serious problem,
what is certain is that for me gold is still a profitable investment and is much safer than cryptocurrency,
and in fact gold is still popular with everyone,
so it seems that there is nothing to doubt about gold

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February 17, 2021, 02:17:07 PM
 #369

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?
For many people, cryptocurrency is already more valuable than gold.
One thing is clear that gold wont disappear and gold wont be used to pay for small services and goods.
Cryptocurrency is the future!
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February 17, 2021, 03:01:59 PM
 #370

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?
For many people, cryptocurrency is already more valuable than gold.
One thing is clear that gold wont disappear and gold wont be used to pay for small services and goods.
Cryptocurrency is the future!

I think crypto currencies is for us what Gold was for our parents and grand parents. The older generations needed something to touch and store at home or in a bank locker. Without a physical asset they wouldn't feel safe. Our generations don't really need that anymore, most of my friends if they invest into gold they just buy an ETF or commodity fund. There is no real demand for physically owning gold anymore. So if you just own it on paper than there is no real difference anymore between bitcoins or gold.
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February 17, 2021, 03:32:57 PM
 #371

After gaining immense popularity and being accepted by several countries, cryptocurrency has a bright future that is even more valuable than gold. Although gold and cryptocurrency have their respective communities, but the difference between the two is very far, we can do a lot of things with cryptocurrency, and we can get more profit than gold.

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February 17, 2021, 03:42:52 PM
 #372

The main thing about this is that BTC has a fixed number of supply thats why its price will continue to rise. Volume will keep rising.

This is the main thing will makes Bitcoin more valuable than other assets or things. Sooner or later, bitcoin will be the most expensive things than others in this world and it's just about time. Those who're sold out their bitcoins for not buying at that price when bitcoin was only on digit, now they're regretting for that. Eventually, we might do the same thing in future if we don't start to buy at dip , even it's not that much late to do so. Also, fundamentally Bitcoin is the best digital GOLD.

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February 17, 2021, 03:57:34 PM
 #373

if crypto is more valuable my answer is, yes ..
but if the problem of security is better to invest in gold and a few cases that always exist in crypto such as breaching assets that are too easy..

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February 17, 2021, 04:24:36 PM
Last edit: February 17, 2021, 04:38:26 PM by BITCOIN4X
 #374

After gaining immense popularity and being accepted by several countries, cryptocurrency has a bright future that is even more valuable than gold. Although gold and cryptocurrency have their respective communities, but the difference between the two is very far, we can do a lot of things with cryptocurrency, and we can get more profit than gold.
Gold is still one of the main currencies used in general throughout the world and has been used extensively in human civilization for a long time. Having a physical form can be used anywhere as a medium of exchange, becoming a valuable asset even if there is no internet connection. Although gold can still fluctuate, this can be controlled and it is very possible that the price cannot move freely like bitcoin or cryptocurrency.

Cryptocurrency especially Bitcoin come with a number innovation that may differ from common currencies. Bitcoin is accepted as a mean of payment and has an exchange rate that is directly influenced by trust, acceptance, demand and supply. Bitcoin has no physical form, but durable, interchangeable, rare, divisible, and recognizable and is more likely to be a currency over which the authorities cant control. Its decentralized nature makes it a trading currency and asset that may be much more valuable than centralized currencies. Price can move freely and depend on supply and demand. We know that bitcoin and cryptocurrencies can still be considered much better than other currencies when measured by their innovation as currencies.

but if the problem of security is better to invest in gold and a few cases that always exist in crypto such as breaching assets that are too easy..
The most common weakness of Bitcoin occur due to user error itself, you should know about this. Failure to practice security measure will make you a victim. It is common for your important data to be accidentally deleted, lost, or stolen. But you have to realize that you can still find ways to properly secure your wallet and asset.

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February 17, 2021, 07:33:44 PM
 #375

It is a big crypto question. Maybe market will to suggest a chance to this opportunity. We will see it in nearest future. The same market of gold is also fixed, but not so volatil.
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February 25, 2021, 06:10:27 PM
 #376

This is immortal topic. BTC and Gold are too different assets but someone always trying to compare them. Gold is physical and it will always be a beautiful valuable asset mostly used for wealthy pretty-pretties. BTC is in advance vs gold over a long time ago and its price at cryptoexchanges is really terrific.
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February 25, 2021, 07:55:22 PM
 #377

This may be a possible when the cruptocurrency will be popular as a gold. When crypto will to demonstrates himself productivitie, then value of him should be as a gold.
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February 25, 2021, 08:39:18 PM
 #378

Seeing the current rocket growth of cryptocurrency, i guess what you are imagining, will be happened but need a lots of time, maybe 50 years. During that time currency market need to spread itself worldwide.Right now cryptocurrency reach to many people but larger number of people are still disconnected with crypto market. After 50years later, world will br advanced and then if people would use Crypto, then possible for crypto to be more valuable than gold

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February 25, 2021, 08:50:37 PM
 #379

As we know  People accept crypto will be brighter within the future. But it is additionally conceivable that there will still be individuals who hold gold since its esteem is protected. There will be individuals who adhere to crypto. So everything comes back to the choice of each individual. I think, crypto as more than gold. Since the benefits can be gotten distant more prominent than gold,Now a days also going more popular around the globe.
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February 25, 2021, 09:03:35 PM
 #380

Indeed this is conceivable in light of the fact that the cost of crypto currency prices  is expanding and increasing dramatically however the cost of gold is expanding gradually and in some cases it begins diminishing and the main things is digital money can put away carefully yet in gold you need to keep it actually which is hazardous once in a while
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