kevinzxz
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 1470
Merit: 105
👉bit.ly/3QXp3oh |🔥Launchpad on TON
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 16, 2020, 10:28:53 PM |
|
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 it can happen, because as we see that the price of crypto is increasing faster than the price of gold, so it makes a lot of people interested to investing in crypto, because investing in crypto gives us a lot of profit than investing in gold, so I believe that in the future crypto will be more valuable than gold.
|
|
|
|
CaVO32
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 16, 2020, 10:29:15 PM |
|
For me, most of our opinions about this are kinda more on speculation only. We still don't know what is the future of Gold or Cryptocurrency, that's why we are here talking about these. But speaking of the value of these two, Gold is already far with cryptocurrency and I am amazed with Gold since the volatility of it is kinda small compared to cryptocurrency. We are still far, especially the market cap of cryptocurrency compared to GOLD. But there are lot of possibilities that cryptocurrency can be more valuable than gold.
Maybe, if we are talking about the price only. However, gold has other vital uses like in electronics and computers industry, jewelry industry, dentistry and medicine, and others. And I don't think that will ever change. These tangible uses of gold is irreplaceable so maybe crypto can be more valuable than gold in the future, in terms of price, but crypto can never be actually used where gold has its significant applications. We can compare their price value but I don't think we can live without physical gold because of its crucial part in various industries.
|
|
|
|
kopijos
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 523
Merit: 11
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 16, 2020, 10:32:44 PM |
|
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 it can happen, because as we see that the price of crypto is increasing faster than the price of gold, so it makes a lot of people interested to investing in crypto, because investing in crypto gives us a lot of profit than investing in gold, so I believe that in the future crypto will be more valuable than gold. gold is only suitable for long-term investment, and crypto can be short term and can profit through its rapid increase in price. so it has been seen from now on that crypto will be more valuable than gold
|
|
|
|
tracyhayley
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 16, 2020, 10:40:21 PM |
|
we're going into digital era now. so everything goes digital now, even the valuable thing. so i think digital currency won't lose against the physic one. so yes, crypto are more valuable than gold. both of them are good for your investment. but crypto price are fluctuative, so you must check it frequently.
|
|
|
|
flagpara
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 16, 2020, 11:04:41 PM |
|
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?
Gold is still minable where Bitcoin, Litecoin and monero have limited supply. Based on this case, cryptocurrency can be more valuable than gold. But my question is how do you compare between gold and Bitcoin? Take the price of gold at the time of 2009 and Bitcoin, you can see how valuable Bitcoin price is? Other altcoins prices could be different.
|
|
|
|
shollyen
Jr. Member
Offline
Activity: 344
Merit: 1
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 16, 2020, 11:08:58 PM |
|
There is this misconception - some people take value to be price, which are two different entities. Presently, gold has more value than cryptocurrency, because bit is legally recognized and that already gives it it's value. As for crypto, it's just the price, which fluctuates a lot.
|
|
|
|
Rengga Jati
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 16, 2020, 11:34:24 PM |
|
There will be always this kind of comparison, Crypto vs Gold. Which one is more valuable? It will depend on who you are and how this world will stare into these two things. So far, in the world, gold is considered much valuable than other commodities or digital assets. Gold in the world is limited and the value will not be decreasing. Moreover, gold is something limited and cannot be grown again. In this case, I also a holder of those two, both crypto and gold. Whatever and whichever more valuable, I personally will be happy. Moreover, if the two are all valuable and acceptable in the world.
|
|
|
|
alisonwonder
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 16, 2020, 11:43:01 PM |
|
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?
Gold is still minable where Bitcoin, Litecoin and monero have limited supply. Based on this case, cryptocurrency can be more valuable than gold. But my question is how do you compare between gold and Bitcoin? Take the price of gold at the time of 2009 and Bitcoin, you can see how valuable Bitcoin price is? Other altcoins prices could be different. of course cryptocurrency like bitcoin has a very good potential in the future because of course the price of bitcoin will always increase and become expensive because bitcoin is increasingly difficult to obtain, so you must be able to make the best of bitcoin as possible.
|
|
|
|
suryogandul
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 16, 2020, 11:45:22 PM |
|
crypto will be easier to get on top of gold, from the perspective of crypto travel will be easier to be able to get high prices. but keep in mind now if gold has also increased. but in terms of crypto value it will be more than the gold position
|
|
|
|
denasha92
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 616
Merit: 10
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 16, 2020, 11:52:37 PM |
|
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?
yeah, crypto will valuable than gold. as you said, crypto supply is fixed. so in the future the crypto like bitcoin will become a rare assets and have a high price. it good for investors and traders to spend their money in crypto. it will give you some profit fast.
|
|
|
|
KimmyF
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 16, 2020, 11:59:28 PM |
|
Cryptocurrency is already more valuable than gold. I wish if I invest in Bitcoin rather than gold, today I could be a millionaire. Some top altcoins will be valuable in the future. From the top 20-30 coins have the highest chances. I'm telling it because of the supply of Bitcoin, although every four years, Bitcoin halving is happening. Supply increase is going to slow but supply is fixed by Bitcoin and Litecoin. Burning coins is also included in a valuable case of gold.
|
|
|
|
maxreish
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 17, 2020, 12:50:05 AM |
|
They are both have different characteristics that is valuable. But to compare these two? I don"t think it is reasonable. First off, gold has physical appearance with a great use and cost.
However, when we are talking about future, we can't really say whether cryptocurrency wil be more valuable rather than other physical assets like gold. But the existence of gold is long compared with cryptocurrency like bitcoin.
|
|
|
|
meanwords
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 17, 2020, 02:00:22 AM Last edit: August 17, 2020, 02:34:43 AM by meanwords |
|
They are both have different characteristics that is valuable. But to compare these two? I don"t think it is reasonable. First off, gold has physical appearance with a great use and cost.
However, when we are talking about future, we can't really say whether cryptocurrency wil be more valuable rather than other physical assets like gold. But the existence of gold is long compared with cryptocurrency like bitcoin.
That is quite true. In terms of Price, then cryptocurrencies maybe have the advantage but in terms of practicality, I'd say gold is more practical. Not only gold is physical but also has physical implication in real world that is actually being used in a day-to-day life. That's the reason why the market cap of gold is significantly bigger than all of cryptocurrencies combined.
|
|
|
|
sourish
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 17, 2020, 04:09:04 AM |
|
Valuable yes, because crypto has already surpassed gold prices. But as an asset base and with its real-time use, it is globally valued and possessed. Bitcoin is already being named 'digital gold', and maybe the two universally become the most valuable assets.
|
|
|
|
X-ray
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 17, 2020, 05:13:32 AM |
|
Sure, Infact currently cryptocurrency is more valuable than gold, with the way new project keeps surfacing everyday, it is sure very soon cryptocurrency will be much more valuable than gold.
Crypto offers various things while gold is offering the store of value and it can be used as a commodity too. I think that crypto is already more valuable rather than gold. In the future, crypto will become the main replacement for gold to be considered as a digital commodity that offered various advantages to the holders.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
dragon695
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 449
Merit: 103
Decentralized Ascending Auctions on Blockchain
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 17, 2020, 05:50:22 AM |
|
Sure, Infact currently cryptocurrency is more valuable than gold, with the way new project keeps surfacing everyday, it is sure very soon cryptocurrency will be much more valuable than gold.
Crypto offers various things while gold is offering the store of value and it can be used as a commodity too. I think that crypto is already more valuable rather than gold. In the future, crypto will become the main replacement for gold to be considered as a digital commodity that offered various advantages to the holders. I would not say all of the cryptocurrencies are more valuable than gold, but some of them do! I would say cryptocurrencies have more applications than gold, it can offer real solutions for real issues, a store of value, or a medium of exchange. Cryptocurrencies are doing very good in role of a store of value and medium of exchange. Some cryptocurrencies are based on projects that offers real applications. In my opinion, I choose to invest in cryptocurrency rather than gold since cryptocurrency has more ability and potential!
|
|
|
|
davinchi
Legendary
Offline
Activity: 2100
Merit: 1058
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 17, 2020, 06:05:45 AM |
|
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?
Well, gold amount in the world is sort of "fixed" level as well. We may not know if there is more gold somewhere in the earth that we haven't mined, surely there must be without a doubt, however if you consider how much gold there is left unmined, it must be very very little compared to what has been mined so far, with the high tech in the mining industry we are literally mining the last grams of gold left in the unmined places. So, technically speaking there is no more gold produced, there is a limited number of it as well, I am not a chemist or miner so I can't speak 100% sure about this but I think after all the golds are mined, there will be no more golds on earth since we can't produce it ourselves. Which is basically exactly the same thing as the bitcoin system.
|
|
|
|
The cure
Jr. Member
Offline
Activity: 448
Merit: 4
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 17, 2020, 07:15:49 AM |
|
I think it isn't right that gold and crypto be compared, because they have their own characteracteristic and they are different, the gold is an ancient treasure of our ancestors and will continue to exist until the new generation, it has been tested and it's value doesn't decrease compared to crypto the value is unpredictable. But in this era that almost everything is digital I think crypto is the best.
|
|
|
|
bgaf
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 644
Merit: 257
Worldwide Payments Accepted in Seconds!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 17, 2020, 07:29:00 AM |
|
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?
How about gold? I think it is safe to assume that gold also ha scarce supply since its a mineral mined from a limited resources. If you think of it, gold products has been circulating and some consume as material for different products. Some decayed or decompose and be part of a certain material that cant be circulate. But crypto has keeping its circulation everyday unless no one want yo spend it. So its a balance match up they have some pros and cons too.
|
|
|
|
LimLims
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 17, 2020, 07:36:20 AM |
|
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?
What will happen in future no one can predict, but yes we can estimate. By seeing the rise and growth of cryptos it's completely visible that cryptos will soon take down gold. But there are still many countries who consider these coins are illegal. For this the growth of cryptos are hampering a lot. Moreover if still more people will show the same love that they are giving to the coins from the past time and it keeps on growing and growing, then soon Bitcoin will become a valuable asset to store.
|
|
|
|
|