Topic: Bitcoin surpasses gold (Read 235 times)
We cannot say this yet because there are still many countries that prohibit the circulation of bitcoin for widespread adoption.but if this can be realized then it is not impossible to say that bitcoin almost resembles gold or what is better called digital gold, because something has not been adopted. completely, it is very difficult for the public to use bitcoin widely.including for the community in general
we can't say that because bitcoin currently has a very low price, Banyumanik coin has not been recognized or adopted by several countries so it is very difficult to say that bitcoin surpasses gold, but if it has been adopted by several countries and is recognized as a currency digital, then it is not impossible that bitcoin will be able to match gold in general
the more people who adopt it will certainly increase the price of bitcoin. especially if most countries legalize bitcoin, then I think bitcoin can easily surpass gold
I can't say that Bitcoin will easily surpass Gold, but surely it is possible to surpass Bitcoin. Although no guarantee that the Bitcoin value can be higher once most countries legalize Bitcoin, the chance of Bitcoin to have higher value will be bigger. You can imagine if there will be much positive news on social media every day, it probably triggers the massive increase in Bitcoin price. 
Indeed, it is possible that in the future Bitcoin can reach $ 1 million, but we are also not too sure about gold that will just be left behind and as if it has no value anymore. Gold is indeed relatively stable, is it a big milestone for us to continue to show that the US can be more pro to crypto with all its systems that are still like this?
It might surpass gold in the future but we cannot be sure that gold will lose its value when that time comes. I personally believe when bitcoins become a global trend and create another non-stop ATH, the value of gold will dramatically subside because people will dump their gold to invest in bitcoins. Nevertheless, the era of cryptocurrency will officially be taken over the economy by that time and those who didn't invest in it will regret it big time when that happened.
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.
Not really that fan on comparing a natural mineral of this world into something which had been created by man or simply been composed of codes.I dont see the point on why there are reallysome people whom do really love to make out some comparison or making out some competition between these two things considering that they do really serve out different market.
Surpasses or not but still Gold would exist no matter what but for Bitcoin? We wouldnt know on how long it would really be existing.
Lets just cherish out its total relevance and utility for the meantime.
bitcoin surpasses gold,? if it is said that bitcoin exceeds gold, it makes a lot of sense, because bitcoin is an asset of the future, because the price of bitcoin can be said to be very tempting, even though there is a risk of a drastic decline, but if the price increases, it can increase three times, the trend of rising world gold prices still continues while the price of bitcoin is still lying and struggling to rise. The decline in the price of crypto assets is one of the triggers for the increase in the price of precious metals to near the highest level in the last 5 months.
Didn't bitcoin already passed through the gold in terms of marketcap? I think that the bitcoin's next adversity is the biggest companies in the world like Amazon, Saudi Aramco and Tencent. Hopefully, I get to see that time when bitcoin goes up to a million and when that time comes, I hope to have a lot of bitcoin so I can profit from it's growth.
gold is very good in investing in the long term as well as bitcoin is very good in investing in the long term but what distinguishes gold and bitcoin is that the price of gold is stable and the price increase or decrease is not drastic in minutes but if bitcoin in seconds the price can change So if you invest in bitcoin, the risk is big and the profit is big.
In my opinion bitcoin is digital gold, currently bitcoin is getting more and more in demand and many people believe that bitcoin investment is much more profitable than gold investment, but it must also be remembered that there are many risks that must be borne as well.
As the king of cryptocurrency, bitcoin has brought the era of digital economy as well as the era of blockchain technology. Bitcoin has also brought a comprehensive innovation in the traditional currency industry. It is an important symbol of the evolution of currency from physical to digital. Bitcoin will occupy an important position, which also provides important support for the value.
With the development of the blockchain, the consensus of Bitcoin has been continuously strengthened. Many people have realized the benefits and innovation of Bitcoin, and the value of Bitcoin has been recognized and recognized by more people. The value and characteristics of Bitcoin itself also have its ideas and consensus，it has sufficient conditions to become an important asset reserve in the digital economy.
With the development of the blockchain, the consensus of Bitcoin has been continuously strengthened. Many people have realized the benefits and innovation of Bitcoin, and the value of Bitcoin has been recognized and recognized by more people. The value and characteristics of Bitcoin itself also have its ideas and consensus，it has sufficient conditions to become an important asset reserve in the digital economy.
Bitcoin had a different view in traders as compared to others. Both experience and new traders will buy and sell bitcoin. But the capacity or quantity of bitcoin vary. And the profit percentage is very simple. It's depond the market and not by the individual. The holders of bitcoin should old till the price pump in market.
As the king of cryptocurrency, bitcoin has brought the era of digital economy as well as the era of blockchain technology. Bitcoin has also brought a comprehensive innovation in the traditional currency industry. It is an important symbol of the evolution of currency from physical to digital. Bitcoin will occupy an important position, which also provides important support for the value.
With the development of the blockchain, the consensus of Bitcoin has been continuously strengthened. Many people have realized the benefits and innovation of Bitcoin, and the value of Bitcoin has been recognized and recognized by more people. The value and characteristics of Bitcoin itself also have its ideas and consensus，it has sufficient conditions to become an important asset reserve in the digital economy.
With the development of the blockchain, the consensus of Bitcoin has been continuously strengthened. Many people have realized the benefits and innovation of Bitcoin, and the value of Bitcoin has been recognized and recognized by more people. The value and characteristics of Bitcoin itself also have its ideas and consensus，it has sufficient conditions to become an important asset reserve in the digital economy.
I personally think that Bitcoin's value transfer and value preservation properties have advantages over gold. Currency as a technological product is constantly evolving, from paper money to electronic products. Now the Internet and blockchain technology have brought us into the digital age, especially now that young investors prefer this field, prefer this kind of convenience and security, so I think it’s only a matter of time before the market value of Bitcoin surpasses gold，and the time will not be very long, in the expected time.
Scott Malekner, the leading cryptocurrency market trader,
In other words some random dude which nobody cares about.Quote
believes that the price of Bitcoin "will cross the $1 million over the next 10 to 20 years"
Repeating one of the oldest price predictions...Quote
and that its market value will surpass the value of the gold market.
Bitcoin has to reach around $500k in the next 10-20 years to surpass Gold market capitalization. Which by the way means nothing.Quote
Of course, Malekner noted that this situation is only possible if the U.S. Stock Exchange authorizes the launch of tradable funds.
This is nonsense because for starters bitcoin has been going up millions of percentage without any of that and in the future the continuation of this rise doesn't need it either. Secondly believe it or not there is an entire world beyond US with 7.3 billion people in it. for now we do not dare to think so because with the prohibition of bitcoin from various countries so that we have not been able to equate bitcoin with gold in general
Why not? Nothing wrong with predicting or assuming "Bitcoin can surpass Gold". Even some countries ban or prohibit Bitcoin, it cannot stop Bitcoin to develop. In the next 10 to 20 years, I am sure that the Bitcoin value can improve much higher than the current price. Moreover, if Bitcoin adoption continues well around the world. Then, we may see Bitcoin be the most recommended asset in the future. In this time, Gold will be left behind. 
Another BTC vs Gold thread? BTC is superior to gold etc as an investment asset, but gold and other popular currencies are superior as payment methods. This is a fact and I don't think any of this will change anytime soon.
Also, his speculation about BTC crossing a million bucks over the next 10-20 years is just a wild speculation at the end of the day.
Also, his speculation about BTC crossing a million bucks over the next 10-20 years is just a wild speculation at the end of the day.
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.
You just have to look as to who is Scott Malekner and obviously, he has incentives to tell us that bitcoin price will go to $1 million, he is after all a crypto trader.
As for the comparison, we don't need that, let the bitcoin market flows into its natural course. If it became $1 million in the future so be it. But one things for sure, bitcoin has already attracted a lot of investors and it's just a matter of time before we can breach all time highs in the 6 or 7 digit levels.
This is mere speculation but there are tendecies this speculation will be accurate.
50-50 chance, but bitcoin has big potential since it always broke it's records ATH after ATH. Bitcoin at +$60k becomes the 2nd top assets by market cap and the 1st is still gold. It's base here btw - https://companiesmarketcap.com/assets-by-market-cap
This is mere speculation but there are tendecies this speculation will be accurate.
50-50 chance, but bitcoin has big potential since it always broke it's records ATH after ATH. Bitcoin at +$60k becomes the 2nd top assets by market cap and the 1st is still gold. It's base here btw - https://companiesmarketcap.com/assets-by-market-cap 
I totally agree. If the US really does it btc will be above gold. And as we know gold is a high-level inflation protector, if investors leave gold and switch to btc does the dollar exchange rate change? if Yes, this will not be agreed upon by the US.
That time will come to bitcoin but it takes too long because crypto market is so volatile and unlike stocks market whrein very stable, perhaps if there no manipulators in crypto market maybe it already happened or the value is now ahead in gold since bitcoin growth rate always skyrocketed to make all time high values especially if it's bullish season. But the fact that when it keep climbing there's always a chance for it to plunges so dip because of whales in the market and its makes bitcoin very slow to be honest . But yes it will happen very very soon in the future just keep believing in bitcoin, indeed there's no impossible on the crypto space so just keep waiting for it to happen.
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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.
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.
Gold is a precious decoration. But Bitcoin is easier to flow.
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.
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.
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.
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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