Ethereum vs gold

[tsaroz]

Its another milestone for crypto as another crypto has won over the marketcap of gold which held its position as the most prominent investment assets to hold and trade. People who generally used gold for making their value independent of the local currency are now also investing in crypto. With no borders and boundaries and easy way to carry and transfer, it is the new favorite for people who don't trust their local currency or government.

[Father Bitcoin]

is this a joke? like a photo taken using your smartphone compared to a photo taken using a digital camera, yes it is very unfair, because the context is different, if you compare etherium with other altcoins it might be fairer and more reasonable

[kaka manteng]

it is not correct to compare the two, Ethereum has a price that gold cannot reach at the moment. I have never heard of the price of gold as high as the value of etherum at this time, I am not underestimating the value of gold, I read in an article that said that gold was starting to be abandoned due to the presence of digital currencies such as bitcoin.
this is the article I meant

https://www.wartaekonomi.co.id/read305272/emas-mulai-dibuang-bitcoin-makin-disayang-sayang#:~:text=Emas%20memiliki%20kapitalisasi%20pasar%20US,atau%20sekitar%20Rp2.960%20triliun.

[Jackl87]

Ethereum price is higher than that of gold now.
Ethereum has a large market cap than gold.
Ethereum is overtaking gold in all ways

If you compare 1 Ethereum with 1 ounce of gold than you are right with your statement about the price but i would say you probably have to compare the price of 1kg of gold to the price of 1 full ETH to be correct.
Just look at the total marketcap of ETH in comparison to gold you will see that gold has still the 20x higher market cap than ethereum so ETH has still a long way to go to surpass gold in that matter.
But ETH doesn't even need to get bigger than gold because they are 2 completely different things. Gold is a precious metal and ETH is a blockchain platform.

[devollito]

Ethereum will never replace gold. You dont need such high fees for gold transactions. If people want to replace gold they will probably choose btc instead of ethereum. So dont ever compare ethereum to gold. The function also different here.

[wxxyrqa]

The main advantage of cryptocurrencies over any assets is their decentralization. Of course, gold can be used as a reliable storehouse, but all investments in gold are controlled by government agencies, while Ethereum gives you financial independence. And this is if you do not touch the functional superiority of ETH, which is provided by the global Ethereum ecosystem. Of course, the high volatility of Ethereum does not guarantee stability, but I am sure that after years, when the capitalization of Ethereum increases tenfold, its price will be more stable and then the advantages of Ethereum over gold will be very significant.

[susuberuang]

In my opinion, etherem and gold cannot be compared, because they have very real differences, where etherem is a digital investment that does not exist in the real world, while gold is a perfect investment, but both are profitable investment assets.  However, investing in gold is more efficient and safer, this is in stark contrast to etherem, which can provide benefits but has a very large risk,

[Fivestar4everMVP]

Ethereum price is higher than that of gold now.
Ethereum has a large market cap than gold.
Ethereum is overtaking gold in all ways

LOL, where did you get this information from dude,? And besides, bitcoin which is the father of all crypto currencies isn't even close to gold in terms of market cap, how then are you comparing Ethereum to gold, comparing the two is like comparing a dog to a lion, which we all know is not even appropriate, though this is not to say that Ethereum or crypto currencies as a whole would not suppass gold in terms of market cap, but we just aren't there yet, we are even close but I believe it's not long from now, we will start comparing crypto currencies market cap to that of gold and other precious stones market cap.

[seleme]

Actually you are wrong in comparing ethreum vs gold because currently the price of gold is greater when compared to ethreum and the price of ethreum has not been able to reach the highest price and is very far compared to gold, then you must first look at the gold rank for now the competition is very far with ethreum, then compare that according to each rank.

That is right there is a difference between the price of ETH and gold. But it is not so bigger as expected, Gold price is around 1.8k, and ETH price is near to this number. It seems gold price is better-compared to cryptocurrencies, but not ETH. ETH doesn't deserve 1.7k and this coin will get up in the near future. Investing in Gold is a better choice than investing in other currencies, however, top altcoins always have great potential and l prefer investing in top altcoins including ETH than investing in GOld.

[blockman]

Not a good comparison though. Bitcoin was the one that's mostly being compared to gold. But in terms of individual characteristics, why not have them both? I hold ETH but I won't sell it for gold. Maybe some gold holders would sell gold and will buy bitcoin and ethereum for it.

However, investing in gold is more efficient and safer, this is in stark contrast to etherem, which can provide benefits but has a very large risk,

Yes, the risk that Ethereum has is higher than gold has. It's the asset for those who wants to have a safe investment and slowly but surely in increasing value.

[isaac_clarke22]

I guess OP's basing his/er  comparison through its value.
That's a bad comparison, OP.
It's an apple and orange comparison and it wouldn't make any sense to compare those two.
One is digital and one isn't.

[LUCKMCFLY]

Ethereum price is higher than that of gold now.
Ethereum has a large market cap than gold.
Ethereum is overtaking gold in all ways

You cannot establish a point of comparison for ETH with Gold.
Gold has represented a very great history for many years, so much so that it was exchanged for goods and services, in some economies they use it as a backup for fiat money and it does not have so much volatility, it is considered par excellence the best Safe Haven, the ETH depends widely of Bitcoin, every move that Bitcoin makes, ETH will react, ETH has no life of its own, and it cannot be compared because ETH has a higher price than Gold.

If many times they have compared Bitcoin to gold, knowing that the Safe Haven is gold, Powell himself, who is the president of the FED, hinted at it despite the fact that bitcoin has high volatility, and even so, Bitcoin does have life own and a history of more than 10 years.

[Billo_]

To get a comparison for gold, Ethereum must have a fixed cap like Bitcoin. I don't know what dev's latest update was here, but Ethereum isn't capped?

Ethereum price is higher than that of gold now.
Ethereum has a large market cap than gold.
Ethereum is overtaking gold in all ways

You cannot establish a point of comparison for ETH with Gold.

It can.
A crypto just needs to be capped, secured and trusted and people will use it as a store of value.

[tbct_mt2]

If you compare 1 Ethereum with 1 ounce of gold than you are right with your statement about the price but i would say you probably have to compare the price of 1kg of gold to the price of 1 full ETH to be correct.
Just look at the total marketcap of ETH in comparison to gold you will see that gold has still the 20x higher market cap than ethereum so ETH has still a long way to go to surpass gold in that matter.
But ETH doesn't even need to get bigger than gold because they are 2 completely different things. Gold is a precious metal and ETH is a blockchain platform.

Marketcap is not a parameter to use in this comparison. Gold total supply is huge and gold existence is for so long in human civilization. Ethereum is much younger and its total supply is infinite. More supply for gold can be existed with future modern technologies but with current technology, its supply is almost fixed.

Ethereum is an alternate cryptocurrency and the Queen in altcoin kingdom. It is also a digitalized currency that surely brings more convenience and freedom to people who adopt it and use it. I think price of bitcoin, Ethereum and gold will rise when the collapse of central banks are more realistic.

[mulia sabee]

Both have value and market capitalization, both are equally needed by everyone and can also be used as investment assets, but only in different places. ethereum is functional and reliable in the crypto market and gold is reliable in the modern market or the real market. both are the best assets to have.

[yohananaomi]

Both have value and market capitalization, both are equally needed by everyone and can also be used as investment assets, but only in different places. ethereum is functional and reliable in the crypto market and gold is reliable in the modern market or the real market. both are the best assets to have.

in fact, be it gold or ethereum, it is clearly very valuable even though it is true that your word is only the difference that distinguishes it. one is in real form and the other is invisible, but again both are very good and profitable investments. But if the problem is clearly different, the real (gold) is not really, but the unreal (ethereum) is very full of risks, but behind the full risks, there are certainly trade-offs with greater benefits.

[Jating]

I guess we are going to look at how the return of investment (ROI) of both be like in the next 2 years.

So as far as investment goes, I think Ethereum will beat Gold, but for the stability and being store of value, I would say that Gold still takes over. Gold has a trillion marketcap compare to Bitcoin as well, so both can be good as hedge to financial crisis. But the thing is, crypto is now taking over, Gold will be Gold, but we might see a big shift in the next five years to crypto.

[kaka manteng]

The main advantage of cryptocurrencies over any assets is their decentralization. Of course, gold can be used as a reliable storehouse, but all investments in gold are controlled by government agencies, while Ethereum gives you financial independence. And this is if you do not touch the functional superiority of ETH, which is provided by the global Ethereum ecosystem. Of course, the high volatility of Ethereum does not guarantee stability, but I am sure that after years, when the capitalization of Ethereum increases tenfold, its price will be more stable and then the advantages of Ethereum over gold will be very significant.

Your statement about gold and ethereum is very clear, but you forgot to mention what risks they have.
It seems that both of these valuable assets have risks, but a greater risk is in Ethereum, whether you are holding it or when investing in Ethereum. the advantage in ethereum is due to its decentralization while the advantages of holding gold are due to the relatively easy way to cash it in a relatively short time and more flexibility.

[senyorito123]

Both have value and market capitalization, both are equally needed by everyone and can also be used as investment assets, but only in different places. ethereum is functional and reliable in the crypto market and gold is reliable in the modern market or the real market. both are the best assets to have.

in fact, be it gold or ethereum, it is clearly very valuable even though it is true that your word is only the difference that distinguishes it. one is in real form and the other is invisible, but again both are very good and profitable investments. But if the problem is clearly different, the real (gold) is not really, but the unreal (ethereum) is very full of risks, but behind the full risks, there are certainly trade-offs with greater benefits.

To choose among the two is hard to do because both shows proof and very valuable ni terms of investment.Not in the same matter but the same endpoint which is to gain profit. They may differ because one is tangible and other is intangible but have the same goals which is to gain from the investment without hesitations if it's true or not because it was already  proven and tested by many people.

[Myleschetty]

Both have value and market capitalization, both are equally needed by everyone and can also be used as investment assets, but only in different places. ethereum is functional and reliable in the crypto market and gold is reliable in the modern market or the real market. both are the best assets to have.

in fact, be it gold or ethereum, it is clearly very valuable even though it is true that your word is only the difference that distinguishes it. one is in real form and the other is invisible, but again both are very good and profitable investments. But if the problem is clearly different, the real (gold) is not really, but the unreal (ethereum) is very full of risks, but behind the full risks, there are certainly trade-offs with greater benefits.

To choose among the two is hard to do because both shows proof and very valuable ni terms of investment.Not in the same matter but the same endpoint which is to gain profit. They may differ because one is tangible and other is intangible but have the same goals which is to gain from the investment without hesitations if it's true or not because it was already  proven and tested by many people.

I don't see any reason why we have to compare Ethereum and Gold because they are not the same thing or belong to the same market but this is what will always happen when investors focus more on profit making. Choosing among the two is actually not hard but diversification is good.