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Topic: Bitcoin surpasses gold - page 2. (Read 233 times)

legendary
Activity: 2338
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There are lies, damned lies and statistics. MTwain
August 19, 2021, 01:28:03 PM
#7
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The title of the thread is misleading, as it states the sorpasso as a fact and done deal, whilst the comment is really a speculative thought, that we may or may not see (the timeframe is ample enough for quite a bunch of us not being around any more, and the prediction is just that – a prediction).

Additionally, it’s Scott Melker.

legendary
Activity: 2394
Merit: 2223
Signature space for rent
August 19, 2021, 01:16:21 PM
#6
Ever I don't want to compare Bitcoin with Gold. The current Gold market cap is $11.323 T and Bitcoin's current market cap is $859.9 B. So here is a big difference. It's because Gold is a natural asset and Bitcoin is a decentralized cryptocurrency. I know anything could happen in these 20 years, but a $1 million Bitcoin price would be hard. Who knows if we discover something new better than Bitcoin? Technically Bitcoin will exist forever, but if the community start to move on to any other things then Bitcoin would fall. As a Bitcoin lover, I love to see Bitcoin's existence forever. But no one can assure about the price and market cap.
jr. member
Activity: 113
Merit: 1
August 19, 2021, 01:06:58 PM
#5
Gold is a precious decoration. But Bitcoin is easier to flow.
legendary
Activity: 2282
Merit: 3014
August 19, 2021, 12:38:32 PM
#4
I think it's important we remember that bitcoin and gold are not the same things.  The whole bitcoin vs gold argument has been kind of frustrating for me to see ever since I found out about bitcoin. Gold is used for physical items, jewelry, wires, car parts etc..so there are plenty of real world cases with gold.  I'm not saying this post is saying otherwise, more so just pointing it out.  But bitcoin certainly is hurting golds upside, that is a fact.
hero member
Activity: 1666
Merit: 709
Playbet.io - Crypto Casino and Sportsbook
August 19, 2021, 12:29:29 PM
#3
Mr Scott is a speculator, maybe someone like Mr Scott had speculated that gold would cross that mark, but transition happened I don't if we keep seeing Bitcoin as alone a to rise commodity how it would be the financial future, I don't want a bitcoin that would be so high that the future would only be about the rich, further more the price in the next ten years will or not rise to  $1million, which even to Bitcoin in ten years is too high to become, but I think Bitcoin would surpass Gold and further more make it irrelevant to so much people.
legendary
Activity: 3304
Merit: 1617
#1 VIP Crypto Casino
August 19, 2021, 12:21:22 PM
#2
It won’t be long, bitcoin is so much better than gold in all ways. The only thing good has going for it over bitcoin is longevity. Bitcoin is the future, good is the past.
newbie
Activity: 14
Merit: 4
August 19, 2021, 12:11:09 PM
#1
Scott Malekner, the leading cryptocurrency market trader, believes that the price of Bitcoin "will cross the $1 million over the next 10 to 20 years" and that its market value will surpass the value of the gold market. Of course, Malekner noted that this situation is only possible if the U.S. Stock Exchange authorizes the launch of tradable funds. The move paves the way for institutions and investors to access Bitcoin, and as a result, Bitcoin can leave gold behind, he added.
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