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Author Topic: Can Crypto be more valuable than gold?  (Read 5101 times)
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February 25, 2021, 09:16:33 PM
 #381

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.
You are definitely right cryptocurrencies are more valuable than gold. BTC price is 28 times higher than the gold price. That is right there is only one cryptocurrency whose price is higher than Gold. But ETH price is near to gold price. On the other hand, altcoins have more potential to be better in the future. No doubt we will see it in the near future. Cryptocurrencies will be more interesting and of course profitable than Gold, these currencies give us more opportunity.

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February 26, 2021, 08:19:35 AM
 #382

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.

Nowadays, it looks like crypto is becoming an investment option that competes with gold. even people like Elon Musk are interested in investing in bitcoin over gold. In terms of price, I think Bitcoin or some altcoins can be aligned or exceed the current gold price. however, crypto developments are still happening.

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February 26, 2021, 08:37:03 AM
 #383

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.

Now cryptocurrency market raise and many people use crypto for investment perposes.
But a lot of depends how useful altcoin will be in future. It is very important to create demand in the token that its price would raise in future.
There are ecological projects that help to protect nature from pollution. Here is information about it https://moss.earth/blog/
It is very important to protect a nature and many people start to understand this. I think that the demand in carbon credits will raise in future because it is very important to protect nature from CO2 emission and fight with global warming.
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February 26, 2021, 09:29:03 AM
 #384

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?

This topic is quite discussed and in my opinion the only cryptocurrency that has a real chance to become more valuable than gold is Bitcoin.
This is because there is a limited quantity of it and at some point the demand may become much higher than what is available on the market. Apart from this fact, I do not think that any other coin can surpass gold.
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February 26, 2021, 02:34:45 PM
 #385

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.

It's quite a high time for crypto industry or any kind of industry. TBH, it won't take that much time because there will be more development in this field and sooner or later, people all around the world, will be able to use bitcoin or any potential coins as a payment gateway and every industry will adopt it. So, it's ture that crypto is needed more time from what we expect, but 50 years timeline isn't suitable for this as crypto become more popular within a decade. As a result, we might need to wait for another decade, IMHO.  Wink

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February 26, 2021, 04:09:25 PM
 #386

Cryptocurrencies' future is really bright, bitcoin and ther altcoins develop really fast. There are lots of people and organizations taking part of it's growth, in fact most of them used crypto as a way for their online transactions. There is no doubt that crypto is more profitable and valuable asset than gold.
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February 26, 2021, 11:54:21 PM
 #387

Bitcoin is indeed already more valuable than Gold. You must be aware if Bitcoin value grows much faster than Gold value. People need a long time to wait for the increase in Gold value and the increase isn't too significant. While in Bitcoin, you can see the increase of its value very significant only in few months. Even, the price can increase significantly only in a week during this bullish trend. So, it is clear that Bitcoin is more valuable than Gold now.

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February 27, 2021, 05:13:36 AM
 #388

yes it is look how bitcoin price right now, with lot of famous people get in to crypto or aware to crypto currency
crypto will have a bright future but we can replace gold
we still need gold, just diverse your investment just dont all in crypto thats my opinion

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March 01, 2021, 04:16:11 PM
 #389

Cryptographic forms of money are more important than gold. fabulous costs at that point don't need an enormous space for capacity to be the benefit of crypto. We are not stressed over putting away Bitcoin contrasted with putting away gold in our homes

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March 03, 2021, 06:43:55 PM
 #390

Cryptocurrency is virtual value, but gold is material. Each of these assets carries its own importance and necessity. I don't understand why people are constantly trying to compare these two things with each other.

Now, in the wake of the worldwide cryptocurrency hype, many come to this industry. But gold will remain forever, and no one knows what will happen to digital currency. Currently, many coins are more valuable than gold, but are you sure that this will continue forever?

It is better to invest your money in several assets at once.
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March 03, 2021, 07:18:30 PM
 #391

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?
Bitcoin and the entire crypto market will in no distant time become much more valuable than the entire Gold market, if i should predict, i did say in the next or even less than five years coming.
if we look from the creation of bitcoin and since when bitcoin has been in existence, and we compare how much value each have added respectively in the years they have existed, we will understand that bitcoin and the entire crypto market has out grown both Gold and silver market respectively, soon, some countries with huge Gold reserve will start selling their Gold to invest the money in crypto currencies , i did say that crypto is for sure the new form of Gold .

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March 19, 2021, 11:33:50 PM
 #392

The entire world is all moving towards transforming their fiat into blockchain based token or coins. It could undoubtedly transform into a standard. In the event that that occurs, the consolidated fiat estimation of the world would surely be more prominent than that of gold.
More importantly gold is a solid mineral and its reallys scare meaning, its very valuable but crypto can be used interesting over long distances and gold cannot be used in that manner which makes crypto more valuable for me

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March 19, 2021, 11:38:40 PM
 #393

From what aspect do you mean more valuable? More significant profits? If you mean investing in crypto can get higher significant profits, then it is true. So, basically, crypto is already more valuable than gold in the term of possible profits. But remember that investing in crypto has a high risk if you just invest your funds in a careless way. Please note that crypto is more profitable but high risk as well.
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March 20, 2021, 01:59:33 AM
 #394

The entire world is all moving towards transforming their fiat into blockchain based token or coins. It could undoubtedly transform into a standard. In the event that that occurs, the consolidated fiat estimation of the world would surely be more prominent than that of gold.
More importantly gold is a solid mineral and its reallys scare meaning, its very valuable but crypto can be used interesting over long distances and gold cannot be used in that manner which makes crypto more valuable for me
]
gold isn't as scarce as you think they are and the biggest drive of gold price in my opinion is the fact that people keep saying how it's so scarce, valuable etc while cryptocurrency here we get all the benefits and advantages that far surpasses mineral like gold.
Even today, many people already consider bitcoin as more valuable than gold based on price.

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March 20, 2021, 02:52:33 AM
 #395

It is undeniable that bitcoin is currently much more valuable than gold, and of course crypto will always dominate for a long time, but we need to know that investing in crypto has a very high risk, such as a sudden drop in price, its security is very vulnerable.  against hackers, because this investment is not real, different from real gold investment, therefore we must always be vigilant and careful in investing in crypto ,,,,
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March 20, 2021, 07:09:10 AM
 #396

Who knows what lies in future? Right now gold market cap is way more than Bitcoin and people invest more in gold as it's a reliable and trusted asset for centuries. In comparison bitcoin is new and will take time to establish his market.
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March 20, 2021, 07:18:37 AM
 #397

Right now I think crypto currency value is greater than the value of gold, thus I concluded in my self that crypto currency or bitcoin has a greater value than gold. I'm just confuse why bitcoin became more expensive that bitcoin as I saw in the article in the internet there is a big difference between the value of good than the value of bitcoin maybe because bitcoin is very convenient to use why many people use it or buy it that the reason why it has a good price not and great value in the people.

I include here the link of that article: https://charts.woobull.com/bitcoin-vs-gold/

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March 20, 2021, 09:09:07 AM
 #398

At the moment the market estimates 1 kg of gold is cheaper than 1 bitcoin!
But don't be crazy about it because gold has been valued by humanity throughout life and this wont change in the future.
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March 21, 2021, 09:49:18 AM
 #399

Cryptocurrency is virtual value, but gold is material. Each of these assets carries its own importance and necessity. I don't understand why people are constantly trying to compare these two things with each other.

Now, in the wake of the worldwide cryptocurrency hype, many come to this industry. But gold will remain forever, and no one knows what will happen to digital currency. Currently, many coins are more valuable than gold, but are you sure that this will continue forever?

It is better to invest your money in several assets at once.

May be cryptocurrency is a virtual value but it has a real price and it is impossible to sell cryptocurrency for fiat. Cryptocurrency raise in price, gold not.
It is good that now there are platforms like https://www.koinal.io/ that allow to buy and sell cryptocurrency using credits cards.
The more simple to buy and sell cryptocurrency the more people use it.

Cryptocurrency market raise and it attracts more people to the market. Fo people it is very important to simply buy crypto using bank cards.
People buy crypto because it raise more in price than gold.
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March 21, 2021, 10:18:16 AM
 #400

Cryptocurrency is virtual value, but gold is material. Each of these assets carries its own importance and necessity. I don't understand why people are constantly trying to compare these two things with each other.

Now, in the wake of the worldwide cryptocurrency hype, many come to this industry. But gold will remain forever, and no one knows what will happen to digital currency. Currently, many coins are more valuable than gold, but are you sure that this will continue forever?

It is better to invest your money in several assets at once.
Yea I invested to many assets and diversify my portfolio but honestly investing to gold just never cross my mind, by holding gold you're either getting burdened to guard the gold you bought or just buy those certificate that you can't even see the gold you were supposed to own. Maybe stock, etc but gold although it always the value is stable but the price rise of gold only enough to fill the gap caused by fluctuation.

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