Topic: Bitcoin will replace the Silver Marketcap - page 2. (Read 380 times)
Frankly speaking, I don't care about other company market caps, but gold and silver are the most trusted, used, and traded assets in every situation and in every part of the planet. It's definitely great news for all of the crypto community when Bitcoin crosses Silver and aims towards Gold. We all dreamed of that world where Bitcoin proves that it's a better asset than Gold and we have more support here.
With Bitcoin's improving performance, it is possible that Bitcoin can eventually replace Silver's position. Especially now that many institutions have
started investing in Bitcoin, so I am optimistic that it will only take a few more months for Bitcoin to pass through the Silver market cap. Now on
the internet there are many articles that talk about Bitcoin, so the popularity of Bitcoin has increased very significantly. In fact, there are many
celebrities who are getting enthusiastic about Bitcoin too. Bitcoin should be able to replace Gold's position in the future, although this will take quite
a long time.
started investing in Bitcoin, so I am optimistic that it will only take a few more months for Bitcoin to pass through the Silver market cap. Now on
the internet there are many articles that talk about Bitcoin, so the popularity of Bitcoin has increased very significantly. In fact, there are many
celebrities who are getting enthusiastic about Bitcoin too. Bitcoin should be able to replace Gold's position in the future, although this will take quite
a long time.
to overtake silver it looks like bitcoin is not that difficult, it only needs to increase the market by a few percent and the time needed is also not too long. but what we hope is that bitcoin can overtake gold. if this could happen it seems very extraordinary and proud for us to see today.
Well, if this will continue the bull run at least for how many months, there is no doubt that the market cap of silver will be surpassed by the bitcoin. Bitcoin investing now is very trending everywhere and the fixed amount that gives the price fluctuated too much compared to silver which has an unlimited supply. Look at this news, [ https://www.apnnews.com/bitcoin-market-cap-nears-50-of-silver-surpasses-32-of-ftses-100/ ], if you see, bitcoin was almost there and ready to surpass silver.
to overtake silver it looks like bitcoin is not that difficult, it only needs to increase the market by a few percent and the time needed is also not too long. but what we hope is that bitcoin can overtake gold. if this could happen it seems very extraordinary and proud for us to see today.
People who invest be it stocks gold silver or bitcoin are a special group, usually smarter than the average wage worker and we are all in the same team. More or less 
Completely depends. Tell me that 5 years ago and I'll agree a lot more. Today though? Where investing is gamified enough that even people who don't know crap about investing can invest in just a few taps on their phone? While I don't disagree, I definitely have mixed opinions; only somewhat agree.
You're right about access to investments being easier than ever but the group that invests by a phone app is mostly weak hands. I might be wrong but I would not expect someone whose first idea of investment is an app from google store to be a long term investor or to treat this as a way to build a portfolio or secure their future.
These are fish we're talking about here. Real investors who own silver will keep it as a hedge even if it loses to bitcoin in market cap.
The dynamics of bitcoin growth is surprising. Now the 8/10 position seems unimaginable to us, but one day the day will come when bitcoin will take 1st place of that list. Most people now find it hard to believe. But we know here that this is inevitable, don't we?
I completely agree with you, fellow. I know some people do can find it's hard to believe such ideas but not for me. I'm a crypto enthusiast to the core. 1 BTC coin already costs more than one pound of gold. It's only a matter of time when Bitcoin's market cap will be in the first position in this list. 
we will see you playing to the top soon. After 2020, bitcoin will be constantly on the world's economic agenda. I think that the countries' efforts to release or extract stable coins are due to their fear of bitcoin. I believe we will come to a situation that can compete with gold.
It look like bitcoin is heading to replace the silver marketcap this year. How quickly bitcoin is moving up, no one can't imagine.
This is achievable with the current bull run we are experiencing, if the bull run continues till the end of this year, then bitcoin might just surpass the marketcap of silver by then the price of bitcoin must have risen to $85k+, also looking at the chart the marketcap of gold is really large it might take bitcoin more than 5years+ to be able to beat that, cause it still needs to gain the trust of other large investors not just the current ones, nevertheless anything is possible. 
Gold is the no.1 target, and not silver. The case with silver is a bit complicated, because silver is widely used for various purposes in industry, and not just for investment. Silver is used in solar panels, conductors, water filtering.etc. So it is quite difficult to get the amount of silver, that is being held as bullion. Gold also has industrial usage, but that represents less than 0.1% of its annual mine production.
Looking at silver chart Silver seems really strong, and even though it mostly follows Gold chart, Wouldn't surprise me if it starts having 0.5%-1% upward movements on its own uncorrelated with Gold, Gold is getting too expensive and what I'm seeing is that people are looking for the next(future) Gold in terms of price movements and they're mostly going for Silver considering how cheap it still is comparing to other valuable metals such as gold and palladium.
Comparison between Gold and Silver chart on daily:
Comparison between Gold and Silver chart on daily:
Isn't that the exact price of silver's market cap? Almost everything there AFAIK is an estimate of the whole thing. 400 billion is a lot of money for bitcoin market cap to accumulate which means that there is still a lot of hurdles before we can surpass the silver market cap, not to mention that Google is on the way so we have to surpass this one before doing so with the other.
It is too early for me to say Bitcoin surpasses silver. Because silver has been around for a long time and is considered a valuable commodity. Right now Bitcoin is still hype because big companies are starting to invest but if they suddenly back down on Crypto investing, I'm sure Crypto will collapse in lightning fast.
It look like bitcoin is heading to replace the silver marketcap this year. How quickly bitcoin is moving up, no one can't imagine.
The dynamics of bitcoin growth is surprising. Now the 8/10 position seems unimaginable to us, but one day the day will come when bitcoin will take 1st place of that list. Most people now find it hard to believe. But we know here that this is inevitable, don't we?
A lot of money is moving from gold to silver right now. I wouldn’t be surprised if the silver market cap rises quite a bit from here. Granted Bitcoin will as well, but it might require Bitcoin to hit 100K if you want to see it surpass silver.
From my perspective the movement of bitcoin via increment this year is very astonished and I think it deserved jubilation, saying that bitcoin will replace silver, you're not mistaking because the length people are buying and investing in cryptocurrency in general is highly expensive so marketcap of bitcoin is changing everyday and everytime, but the problem is that we have to know exact price of silver and compare it to existing price of bitcoin before we call for conclusion.
Isn't that the exact price of silver's market cap? Almost everything there AFAIK is an estimate of the whole thing. 400 billion is a lot of money for bitcoin market cap to accumulate which means that there is still a lot of hurdles before we can surpass the silver market cap, not to mention that Google is on the way so we have to surpass this one before doing so with the other. 
People who invest be it stocks gold silver or bitcoin are a special group, usually smarter than the average wage worker and we are all in the same team. More or less
Completely depends. Tell me that 5 years ago and I'll agree a lot more. Today though? Where investing is gamified enough that even people who don't know crap about investing can invest in just a few taps on their phone? While I don't disagree, I definitely have mixed opinions; only somewhat agree.
People who invest be it stocks gold silver or bitcoin are a special group, usually smarter than the average wage worker and we are all in the same team. More or less
As you mention stocks and gold... maybe another part of the value of Bitcoin is just as kind of a neutral vanilla diversifier, that can add value to the entire investment universe. Sort of like Dark Matter.
Max Keiser (Bitcoin pundit on Russia Today) was saying today that Bitcoin was going to take value from gold, the dollar and stocks.
He is probably the original Bitcoin bull, but I don't think there is anything wrong with taking a bit of heat out of the bubbling-over stock market.
I always thought silver was too overrated, very well!
I always liked silver jewelry more then gold and silverware is beautiful
Let's not hate on silver. If it gets overtaken by Bitcoin that's great beacuse it will mean Bitcoin will once again prove people like Peter Schiff wrong, but I don't think that it will make holders of gold suddenly dump it all.
People who invest be it stocks gold silver or bitcoin are a special group, usually smarter than the average wage worker and we are all in the same team. More or less
From my perspective the movement of bitcoin via increment this year is very astonished and I think it deserved jubilation, saying that bitcoin will replace silver, you're not mistaking because the length people are buying and investing in cryptocurrency in general is highly expensive so marketcap of bitcoin is changing everyday and everytime, but the problem is that we have to know exact price of silver and compare it to existing price of bitcoin before we call for conclusion.
This is purely insane! Look how the mcap looked like during the previous ATH bull runs:
- 2014: $11B ($933)
- 2017: $320B ($19,140)
- 2021: $1050B ($55,531)
Sources: 2014, 2017
By the looks of it, we should be getting past the silver mcap easily by 2025. I see it happening, a lot of precious metal investors seem to be moving from them to crypto.. the Bitcoin is the digital gold argument might actually not be in vain
- 2014: $11B ($933)
- 2017: $320B ($19,140)
- 2021: $1050B ($55,531)
Sources: 2014, 2017
By the looks of it, we should be getting past the silver mcap easily by 2025. I see it happening, a lot of precious metal investors seem to be moving from them to crypto.. the Bitcoin is the digital gold argument might actually not be in vain
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