Darktongue
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January 19, 2021, 07:11:47 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?
Ethereum supply isn't fixed like Gold, but I'm 100 percent sure that Gold will never be valueless as other currency. I will accept Bitcoin cost, but Transaction per second is very slow. After this problem, Bitcoin can be more valuable than gold, where we don't know the accurate supply of gold. still curious to know what will happen that Bitcoin supply will be finished when we're wasting so much Bitcoin.
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VDraci
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January 19, 2021, 07:15:28 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?
Ethereum supply isn't fixed like Gold but I'm 100 percent sure that Gold never be valueless as other currency. I will accept Bitcoin cost but Transaction per second is very very slow. After this problem Bitcoin can be more valuable than gold where we don't know the accurate supply of gold. There are few other cryptos apart from Bitcoin that are more valuable than gold, what gold can't give investors is insane amount of ROI and that's possible when investing on crypto, also to make good amount of money with gold requires good amount of investment, with crypto you can make huge money with just 100$ worth of investment
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imran102
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January 19, 2021, 07:25:36 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?
Crypto's position in the current position is many times better than the demand for gold. Considering the future, the future of crypto is much brighter. The day is not far away when crypto will be legalized in every country and people will be able to freely fulfil all their needs and opportunities through crypto.
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max6575
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January 21, 2021, 02:23:20 PM |
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with works from developer, the unit of token with the cryptocurrency might have with the price that is higher than gold commodity but there with the market not many option with the customs as might to gives of looks or drawing with the price as having of higher price with the gold value.
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CryptoLogo
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January 21, 2021, 04:03:23 PM |
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Of course, yes. But everything, as always, depends on many factors. If we compare gold and bitcoin, then their value will depend on the amount of valuable things that we can exchange for bitcoin or gold. The higher the value of an object, the more useful things you can get for it, which means that the value is determined by buyers. At the same time, everything will depend on the world in which we live. Will it be a world where physical values are still important or a completely digital environment in which Bitcoin is already gold.
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S4VV4S
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January 22, 2021, 07:04:13 AM |
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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?
The future of crypto will shine as time goes by, crypto becomes more and more popular among the general public, obviously crypto is very transparent so that compared to gold, its success both have the same high value but gold is not always transparent while crypto is very transparent, I think crypto will shine more in the future than with gold
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Flowzer
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January 26, 2021, 11:02:56 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?
The future of crypto will shine as time goes by, crypto becomes more and more popular among the general public, obviously crypto is very transparent so that compared to gold, its success both have the same high value but gold is not always transparent while crypto is very transparent, I think crypto will shine more in the future than with gold I agree if crypto will shine more in the future with it's blockchain technology which make it more transparent and anonymously to use but gold itself always being a safe heaven investment to most people rather than crypto which have more risk on it. So it's depends on you guys which side are you Its better to buy crypto if its on the dip price rather than gold which price relatively stable. But when the crypto its already peak, gold is better as investment to many people. Also i think crypto will be more valuable than gold since Gold is just symbol of the luxury of the old people while the younger generations dont see gold like that anymore.
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Wulan_maniez
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January 26, 2021, 11:26:03 PM |
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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.
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adekogbe
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January 28, 2021, 07:32:30 PM |
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It very well may be that in the public some crypto monetary standards are more significant than gold, say the bitcoin for instance. In any case, the thing about crypto is that it is excessively insecure, its in the highest point of the market now however its anyones surmise on the off chance that it stays there or on the off chance that it bites the dust, dissimilar to gold it doesnt plunge to the profundities of significant worth haphazardly, yet all through time gold remained and turns out to be much more important. What im saying is, crypto may seem like above gold however its temperamental and nobody knows when itll go to nothing.
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Wahyuihib
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Artemis
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January 28, 2021, 07:55:58 PM |
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If we talk about valuable or not, of course, crypto is still more valuable than gold. because besides its price which is higher than gold, crypto also has a value that continues to increase from year to year
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drillbot
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January 28, 2021, 08:01:16 PM |
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Bitcoin already is.As for the rest, there are too many cryptos with a few coming up ever week.The more important cryptos would obviously be quite valuable. Run of the mill ones - no.
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LostConfidence243
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January 31, 2021, 06:17:04 AM |
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It seems to me that none of us don't know what the future holds for gold or cryptocurrency. However, the value of these two, cryptocurrency is already far from gold But hopefully, the cryptocurrency will one day be much more valuable than gold. This will happen before the next decade start in my opinion.
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deean_3one
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February 01, 2021, 01:02:27 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 it is. I think if used for long-term investment crypto is more valuable than gold. The price of cryptocurrencies can be several times the price of gold.
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TanakabZX
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February 01, 2021, 04:22:25 PM |
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Physical gold is more safer than crypto but less Profitable compares to crypto gains, the only thing I can say here is crypto future remains uncertainty, anything can still happen as there is no single assurance of anything but gold future is 100% certain, the choice is left for us to make
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oprahwindfury
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February 01, 2021, 05:47:41 PM |
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We as a whole accept crypto will be more splendid later on. In any case, it is likewise conceivable that there will in any case be individuals who hold gold since its worth is saved. Furthermore, there will be individuals who stick to crypto. So all that returns to the choice of every individual. As far as I might be concerned, I see crypto as more than gold. Since the advantages can be gotten far more noteworthy than gold.
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GbitG
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February 01, 2021, 05:53:09 PM |
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Physical gold is more safer than crypto but less Profitable compares to crypto gains, the only thing I can say here is crypto future remains uncertainty, anything can still happen as there is no single assurance of anything but gold future is 100% certain, the choice is left for us to make
In current situation Gold is much better and safe heaven for many but those understand crypto they believe its much better then gold this all is going on because both have own values and growth but as technology is spreading many developers working hard for crypto hopefully this could be much better and valued in future right now main thing is legalization of this all which is going to take very long time as currently many countries already banned to crypto due to some rumors or other problems.
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Bitcoinislife09
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February 01, 2021, 07:00:11 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?
For me bitcoin was already a lot of valuable i would consider buying bitcoin than buying gold because it is better as a investment. The supply of gold is unknown and it is now like bitcoin where we know how many bitcoin could just exist. The one thing the gold became more valuable is because it has a physical form unlike bitcoin which is a digital currency that has no physical form it is like investing into codes and has no collateral. And compared to bitcoin the market value is less risky than investing in bitcoin gold is not that volatile compared to the volatility of bitcoin in the market.
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HerbertMarcel
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February 05, 2021, 07:50:34 PM |
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I have mixed reactions to this. Cryptocurrencies are doing really good and they are gaining more popularity with their features. But the problem is this market is too unpredictable on the other hand the market of gold is not much so this is a positive side of gold. There is too much possibility to do scams in the crypto market, but gold has less chance. Both have good and bad sides so that my reaction is mixed. Crypto can go over than gold or even not.
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DarkDays
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February 05, 2021, 08:51:12 PM |
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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.
I agree, technology is nowhere near its peak yet. This is why blockchain technology will grow several times than it currently is, and if anything buying crypto over gold in the long-run would be the best investment ever made. This is even despite the market volatility. Gold is almost stagnant and the world is already moving away from the 'gold standard' anyway. So, if you can buy crypto not gold.
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Koadharber
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February 05, 2021, 08:52:41 PM |
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In the future, years from now, highly probably yes it can overcome Gold in market capitalization, that is not impossible to happen especially to the technological development & digital age we are right now. But as I have mentioned, years from now. To be honest might be 30 years, 40 years, or even more. Who knows. The reason why I said this is Gold has been there for years. Gold was one of the first medium of money for decades and because of it. It built trust to most of the world, making it as a safe haven asset. Its physical form makes it more appealing too in an investor giving them confidence that as long as its there, it will always have value and store their wealth.
Cryptocurrency in the other hand, still have a lot of factors and things to sort out. One is if someone lost his/ her private key, the crypto is lost forever. That is insane. And if an new investor of cryptocurrency hears this will surely back out. The space is also not fully regulated yet.
Overall, I am a crypto maximalist and believes its value in the future. I hope so I still when that time comes
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