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midaslordes
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May 11, 2021, 01:31:01 PM |
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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?
Cryptocurrencies will definitely be more valuable than gold knowing that mass adoptation of digital assets is getting more popular and many institutions, companies, even millionaires and billionaires are entering the crypto space which made cryptos much valuable than gold. |
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wiss19
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May 11, 2021, 01:47:02 PM |
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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?
Cryptocurrencies will definitely be more valuable than gold knowing that mass adoptation of digital assets is getting more popular and many institutions, companies, even millionaires and billionaires are entering the crypto space which made cryptos much valuable than gold. I believe it will be taking more time for cryptocurrencies to be valuing more than gold. I agree right now mass adoption is happening but I believe that will not be enough to make cryptocurrencies value higher than gold. At the same time some cryptocurrency like bitcoin might be getting chances to value higher than gold in the very near future itself. Instead of spending gold for investing into crypto, I like to suggest people to go for saving bitcoin is for more long a period of duration so that it will value higher than gold at any time soon. |
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kenelmark
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May 12, 2021, 09:06:44 AM |
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I just read the news that all cryptocurrencies are worth more than there is circulating cash in the United States. $2.4 trillion for cryptocurrencies vs. roughly $2 trillion in cash circulating in the US. Here we go!  So what's in it for us knowing that, even for me who doesn't live in the United States, is it important to know or it will have a good effect on everyone in the world? try to explain more fully. |
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Republikcoin.com
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May 12, 2021, 10:12:42 AM |
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For now, it is accepted that cryptocurrency is more valuable than Gold, even though it has a very strong price volatility, but Bitcoin has managed to maintain its existence by increasing the price of Bitcoin to a newer price standard of $ 56K.
Bitcoin is very suitable for use as savings or long-term investment for more than one year to be able to get greater profit than gold, buying it, of course, must also be prepared with the risk of asset depreciation that can occur at any time depending on the prevailing trend.
And Bitcoin is very suitable to be stored by anyone in this world.
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m. yasir
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May 12, 2021, 11:42:09 AM |
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Anything is possible because crpyto is currently growing rapidly and can be accepted by many as a very profitable currency exchange or investment. Seeing this development, it is possible that not only gold can be replaced by crypto but national currencies can also be replaced. In my opinion, crypto appears to be an international exchange rate that can be accepted in various countries in the future.
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oioi
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May 12, 2021, 01:34:51 PM |
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crypto cannot be equated with gold, but crypto has a greater price than gold, which is clear that its BITCOIN price exceeds gold, crypto has a very good future for the future. invest in crypto and choose the best crypto coin.
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drwoo
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May 13, 2021, 04:06:26 PM |
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I just read the news that all cryptocurrencies are worth more than there is circulating cash in the United States. $2.4 trillion for cryptocurrencies vs. roughly $2 trillion in cash circulating in the US. Here we go! So what's in it for us knowing that, even for me who doesn't live in the United States, is it important to know or it will have a good effect on everyone in the world? try to explain more fully. It shows that the interest in cryptocurrencies literally exploded. If someone told you in 2013 that cryptocurrencies will exceed the value of all circulating cash in the United States, would you have said that you believe that? It is a comparison that puts a couple of things into perspective. For example comments from Jamie Dimon from JP Morgan who said crypto is going nowhere. |
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kenelmark
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May 17, 2021, 01:05:02 AM |
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It shows that the interest in cryptocurrencies literally exploded. If someone told you in 2013 that cryptocurrencies will exceed the value of all circulating cash in the United States, would you have said that you believe that? It is a comparison that puts a couple of things into perspective. For example comments from Jamie Dimon from JP Morgan who said crypto is going nowhere.
In 2013 I still didn't believe in cryptocurrency because at that time there weren't many people who were successful and tokens that were now popular and alive were just born at that time, so it still made it difficult for me to believe in cryptocurrency even though I had my intention in my heart have an interest in exploring it in depth. |
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apityeh71
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May 17, 2021, 04:17:13 AM |
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Is that you mean the marketcap? Currently marketcap of gold above $10 trillion, silver $1.4 trillion and Bitcoin reached $1 trillion a few aweek ago. I think Bitcoin is the most fastest asset that can reached $1 trillion marketcap compare others asset like bluechip stocks of Apple, Gold and silver. Bitcoin only need about 11 years to reached $1trillion marketcap, but others asset is more longer.
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Atang Sulaeman
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May 17, 2021, 11:37:55 AM |
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Crypto is not more valuable than gold but crypto can exceed the price of gold, so both have their respective functions and uses, because both of them cannot be used as a reference in terms of value, because there are their respective domains.
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Viscore
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May 17, 2021, 11:54:52 AM |
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Is that you mean the marketcap? Currently marketcap of gold above $10 trillion, silver $1.4 trillion and Bitcoin reached $1 trillion a few aweek ago. I think Bitcoin is the most fastest asset that can reached $1 trillion marketcap compare others asset like bluechip stocks of Apple, Gold and silver. Bitcoin only need about 11 years to reached $1trillion marketcap, but others asset is more longer.
The best way to measure is through their marketcap, so yeah, that's probably what OP meant in his question. For me, I believe that crypto could be valuable or even higher in value in marketcap against gold. We are not seeing a massive adoption yet, and some predict that bitcoin could reach $1 million, so that price would already say that it will exceed the marketcap of gold. It may take time but I believe it will happen, that's the motto of long-term investors, which is to HODL! |
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kenelmark
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May 18, 2021, 03:26:55 PM |
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Crypto is not more valuable than gold but crypto can exceed the price of gold, so both have their respective functions and uses, because both of them cannot be used as a reference in terms of value, because there are their respective domains.
Yes, because crypto is just a room to work in terms of obtaining digital currency, while Gold is a real valuable item among all the goods in this world, so the valuation of value will certainly be very different in both. |
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Alohadanc3
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June 04, 2021, 11:49:00 PM |
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Ant this point bgold us the biggest asset class available for investors. Marketcap of gold is way higher than bitcoin or whole crypto market. I think we should compare gold with bitcoin not with the whole market. And I think in few years (it will take a little bitt time) bitcoin will surely cross gold. The main reason is bitcoin is the investment of young eras. And also it's supply is fixed. So more people will educate about bitcoin the price go up and up. This is fixed for me that bitcoin will cross gold as a asset class but the question is when.
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Blowon
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June 05, 2021, 01:02:57 AM |
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I think it can, because today we are in the age of technology, it is certain that bitcoin can beat gold in value. However, if the value is taken from the fundamentals of gold but will be the top. that's because gold is true of a nature that can not be renewed by humans, if bitcoin has many other cryptocurrencies. Gold has only a few rivals. And Gold is certainly very potential in the future.
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shadow123
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June 05, 2021, 07:17:50 AM |
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I think there is no point to thinking. The reason is as we all know some crypto coins already more valuable than gold at this time. But the when we think the security reasons It is better to hold gold that is physical item and countries are acceptable thank crypto.
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warg2017
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June 05, 2021, 07:55:54 AM |
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Nope, gold is well established as a currency and more importantly is the financial strength of a country depends on its gold reserves. I am never heard of a country whose financial resources depend on cryptocurrency reserves.
I admit that some cryptocurrencies now have a higher market value than gold, but i don't think this proves anything. The price of cryptocurrencies has changed too much, and their recognition is far less than gold's in people's minds.
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fvb
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June 05, 2021, 08:33:25 AM |
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Precisely no one can claim that it will be so. Cryptocurrencies are moving forward and conquering the market. They are increasingly being used in various spheres of the economy. But gold is also a valuable product and is used in many technological developments. So no one will give a definite answer.
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revilo
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June 05, 2021, 10:06:17 AM |
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Nope, gold is well established as a currency and more importantly is the financial strength of a country depends on its gold reserves. I am never heard of a country whose financial resources depend on cryptocurrency reserves.
I admit that some cryptocurrencies now have a higher market value than gold, but i don't think this proves anything. The price of cryptocurrencies has changed too much, and their recognition is far less than gold's in people's minds.
 It almost broke my brain to read your comment. Countries rely on their gold reserves, interesting. And gold is used as a currency, also interesting. If you have any book recommendations for me, I would be more than happy to receive them as quickly as possible. It is always good to broaden your own horizon and I must admit I have never heard about the stuff you are talking about. |
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Dexion
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June 05, 2021, 10:15:53 AM |
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Precisely no one can claim that it will be so. Cryptocurrencies are moving forward and conquering the market. They are increasingly being used in various spheres of the economy. But gold is also a valuable product and is used in many technological developments. So no one will give a definite answer.
Yes, both are valuable objects today that are a means of investment, the difference is that crypto refers more to market circulation, where crypto can be a means of payment in various transactions, gold is more likely to be a luxury item even anything wrapped in gold will be of high value, not only pure gold bar. Both will have their place. |
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Finestream
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June 29, 2021, 09:54:39 PM |
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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?
Of course, crypto such as Bitcoin is more valuable than Gold. Unless you ask those who are not familiar with Crypto. Gold is also very rare, and difficult to obtain, but so far there has been no gold price that has increased to $500. it could be, but at the moment, gold is more valuable than crypto according to its marketcap. As you can see in https://8marketcap.com/Gold is currently at $11.189 T, rank number 1, while bitcoin is $680.25 B rank number 10. If bitcoin will grow in the long run, it will certainly surpass gold. |
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