Gold has been around since long before Bitcoin was born, so most people invest there, because investing in gold is profitable because the price continues to increase, but after the birth of Bitcoin, many people opened their eyes that storing money in digital gold (Bitcoin) is much more profitable as evidenced by the price of Bitcoin which continues to increase every year, so it's just a matter of time for Bitcoin to surpass gold.
Topic: Can Bitcoin surpass Gold? - page 5. (Read 2140 times)
Yes, they should be compare in terms of marketcap,
So far BTC = currently at $2 trillion, while Gold is around $18 trillion++. So there is still a huge difference in terms of the price. Nevertheless, BTC might surpassed Gold in the next 2 halving if we will see around $1m=BTC.
And now that we have seen the price reaching $100k, we can only speculate that we can reach $1m as well.
But it's important to note that we're talking trillions of dollars, and that's not a small number. It's not as easy as bitcoin's market cap going from $1 billion to $100 billion even if bitcoin increases 100x in price but we only need $99 billion to do that. Meanwhile, for bitcoin to reach $1 million, we would need to spend more than $16 trillion, 160 times more than the amount needed to take bitcoin's market capitalization from $1 billion to $100 billion.
Not to mention, gold's capitalization will not stop, gold's capitalization will continue to increase due to demand and the amount of gold mined each year. Every year, the world mines tons of gold, but that does not reduce the price of gold but on the contrary helps increase the capitalization value of gold. So I suspect that bitcoin's market capitalization will likely surpass gold's in the next decade.
The price of Bitcoin may surpass gold, but it is not expected at the moment. The gold market is on an uptrend, so it is moving forward steadily. On the other hand, Bitcoin is not stable but unstable. Any time a bear market starts, we will see a market crash. Therefore, the price of Bitcoin can surpass gold if it stabilizes and moves forward.
Nobody talk about Bitcoin surpass gold in price, because how do you compare them in price, 1 bitcoin compares to 1 ounce of gold, it's not a fair comparision.A better comparison is for their market caps, Market cap of Bitcoin compares to Market cap of Gold. It's better than price comparison, but it's still not good one because there are many things different between Bitcoin and gold.
Bitcoin will need its price to be about 8 times higher than current price to take over the first position in market cap that is currently held by Gold.
https://companiesmarketcap.com/assets-by-market-cap/
Yes, they should be compare in terms of marketcap,
So far BTC = currently at $2 trillion, while Gold is around $18 trillion++. So there is still a huge difference in terms of the price. Nevertheless, BTC might surpassed Gold in the next 2 halving if we will see around $1m=BTC.
And now that we have seen the price reaching $100k, we can only speculate that we can reach $1m as well.
We can't ignore both assets. Each have their own advantages/disadvantages.
Sound reasoning. If an asset (one or another) gives you an advantage, then you should use it, and not ignore it for ideological reasons.I think for the time-being, BTC and Gold will remain the best stores of value.
What about stocks like technology companies like Apple and Nvidia?But as we shift into a digital and cashless society, Bitcoin will ultimately take the reigns as Gold's successor.
It is not excluded. At least, there are no other alternatives to gold.People's perception of the "yellow metal" as a store of value or long-term investment will diminish.
If the perception of digital gold (BTC) increases.It will be solely used for industrial purposes and jewelry.
I am not entirely sure that gold-holding countries will get rid of their gold reserves so easily.The future belongs to intangible assets. Bitcoin, NFTs, and CBDCs are part of this. Gold is not. It only exists in physical form.
Maybe NFT on gold?I'm yet to see if tokenizing Gold would prove to be a success or a failed experiment.
I believe that the digitalization of gold is also inevitable.BTC has been on a long journey since it's inception. Yet, it has achieved gains at at much faster rate than any other asset on Earth. Who knows what surprises we'll find in the future?
Satoshi knows. 
With less stable conditions, Bitcoin can fight Gold, which if Bitcoin can be truly stable in price, of course Gold will immediately lose to Bitcoin, so for now the opponent that is truly equal to gold is Bitcoin and I am also sure that one day Bitcoin will definitely be able to beat gold in anything including in terms of dominance and enthusiasts in the future. Because if we look at the price of one Bitcoin for today even though it is in a correction condition, of course the comparison is with 1kg of gold and even then Bitcoin is still much more expensive even though the market capitalization of gold is still quite large than Bitcoin for now.
Gold will still be there for orthodoxs.
Those who know the real deal will see BTC as a better opportunity in the times to come.
But also when talking about Bitcoin could surpass Gold? I guess we will find this one in future, but we can say that everything has possibilities that it will happen.
The price of Bitcoin may surpass gold, but it is not expected at the moment. The gold market is on an uptrend, so it is moving forward steadily. On the other hand, Bitcoin is not stable but unstable. Any time a bear market starts, we will see a market crash. Therefore, the price of Bitcoin can surpass gold if it stabilizes and moves forward.Which team do you fall into Digital Gold or Traditional Gold?
Of course i fall under the category of digital gold. Digital gold has been proven to be more reliable than traditional gold just as it is also functioning as an alternative to traditional banking system. In which ever way you want to quantify bitcoin or digital Gold, it is very important even as it function is not to replace other form of asset but to function as an alternative. Meaning both are very important and should be used when the need arises or which ever one is necessary to use at a point in time. I would be eager to see somebody on the forum that would choose the other category just to try to argue with the other side
After all, it's a bitcoin forum, not a gold one. 
Which team do you fall into Digital Gold or Traditional Gold?
Of course i fall under the category of digital gold. Digital gold has been proven to be more reliable than traditional gold just as it is also functioning as an alternative to traditional banking system. In which ever way you want to quantify bitcoin or digital Gold, it is very important even as it function is not to replace other form of asset but to function as an alternative. Meaning both are very important and should be used when the need arises or which ever one is necessary to use at a point in time. 
We can't ignore both assets. Each have their own advantages/disadvantages. I think for the time-being, BTC and Gold will remain the best stores of value. But as we shift into a digital and cashless society, Bitcoin will ultimately take the reigns as Gold's successor. People's perception of the "yellow metal" as a store of value or long-term investment will diminish. It will be solely used for industrial purposes and jewelry.
The future belongs to intangible assets. Bitcoin, NFTs, and CBDCs are part of this. Gold is not. It only exists in physical form. I'm yet to see if tokenizing Gold would prove to be a success or a failed experiment. BTC has been on a long journey since it's inception. Yet, it has achieved gains at at much faster rate than any other asset on Earth. Who knows what surprises we'll find in the future?
But is a cashless world coming soon? I know that everything is getting digitalized and the world is moving towards the digital age but I don't think we will soon abandon the traditional model that has existed for thousands of years.
If you watched the Fed meeting and what Powell said today, you would see that a world without cash, without gold is not happening anytime soon. The Fed has stated that they have no intention of holding bitcoin or cryptocurrencies, they want to maintain the stability of the world economy by maintaining what is going on in the world. That means they will continue to print USD and will protect USD at all costs . Not to mention , Powell has stated that they have no plans to develop a CBDC.
With all this in mind, a cashless world is not coming anytime soon, and a world where bitcoin surpasses gold or replaces its role is not coming anytime soon either .
https://forkast.news/fed-chair-powell-no-immediate-plans-for-us-cbdc/
I can totally see both sides of the argument.
On one hand, BTC's potential for huge frowth is hard to ignore especially with how it's been gaining popularity and breaking new ground. It has clear advantages like being easy to transfer and divide which gold can't match.
But on the other hand, gold has stood the test of time. It's been a go-to store of value for centuries and people trust it especially in times of crisis.
It's really about balancing both in a portfolio and understanding their respective roles.
On one hand, BTC's potential for huge frowth is hard to ignore especially with how it's been gaining popularity and breaking new ground. It has clear advantages like being easy to transfer and divide which gold can't match.
But on the other hand, gold has stood the test of time. It's been a go-to store of value for centuries and people trust it especially in times of crisis.
It's really about balancing both in a portfolio and understanding their respective roles.
We can't ignore both assets. Each have their own advantages/disadvantages. I think for the time-being, BTC and Gold will remain the best stores of value. But as we shift into a digital and cashless society, Bitcoin will ultimately take the reigns as Gold's successor. People's perception of the "yellow metal" as a store of value or long-term investment will diminish. It will be solely used for industrial purposes and jewelry.
The future belongs to intangible assets. Bitcoin, NFTs, and CBDCs are part of this. Gold is not. It only exists in physical form. I'm yet to see if tokenizing Gold would prove to be a success or a failed experiment. BTC has been on a long journey since it's inception. Yet, it has achieved gains at at much faster rate than any other asset on Earth. Who knows what surprises we'll find in the future?
The price of Bitcoin may surpass gold, but it is not expected at the moment. The gold market is on an uptrend, so it is moving forward steadily. On the other hand, Bitcoin is not stable but unstable. Any time a bear market starts, we will see a market crash. Therefore, the price of Bitcoin can surpass gold if it stabilizes and moves forward.
Nobody talk about Bitcoin surpass gold in price, because how do you compare them in price, 1 bitcoin compares to 1 ounce of gold, it's not a fair comparision.A better comparison is for their market caps, Market cap of Bitcoin compares to Market cap of Gold. It's better than price comparison, but it's still not good one because there are many things different between Bitcoin and gold.
Bitcoin will need its price to be about 8 times higher than current price to take over the first position in market cap that is currently held by Gold.
https://companiesmarketcap.com/assets-by-market-cap/
But also when talking about Bitcoin could surpass Gold? I guess we will find this one in future, but we can say that everything has possibilities that it will happen.
The price of Bitcoin may surpass gold, but it is not expected at the moment. The gold market is on an uptrend, so it is moving forward steadily. On the other hand, Bitcoin is not stable but unstable. Any time a bear market starts, we will see a market crash. Therefore, the price of Bitcoin can surpass gold if it stabilizes and moves forward.I see people calling Bitcoin a digital Gold and I think they're very correct about that cause it's currently the most valuable Cryptocurrency out there and second to none therefore I'm in support of anyone who believe in the possibility of Bitcoin passing Gold in the future.
But also when talking about Bitcoin could surpass Gold? I guess we will find this one in future, but we can say that everything has possibilities that it will happen.
The price of Bitcoin may surpass gold, but it is not expected at the moment. The gold market is on an uptrend, so it is moving forward steadily. On the other hand, Bitcoin is not stable but unstable. Any time a bear market starts, we will see a market crash. Therefore, the price of Bitcoin can surpass gold if it stabilizes and moves forward. 
It's already much harder to move the price of BTC: and it slowly will become harder and harder for institutions too, in my opinion.
A lot of bitcoin is concentrated in the hands of a few. Take Blackrock and all the ETFs or MicroStrategy, for example. They have what it takes to move the market. Bitcoin is a collateral for one type of bonds that MicroStrategy is selling to investors. If it becomes necessary to sell a big chunk of it due to a downward trend, it would cause a lot of panic selling, with other individuals and companies dumping their bitcoin. I guess this became the disadvantage of Bitcoin now since those big institution could pull a manipulation antics if they want to create certain movements that aligned to what they want to happen. That's why this situation is I think goes in favor with those institution that hold a lot of Bitcoin since they can influence a lot of people on each action they made. That's why somehow people should stop basing their decision on statement release by those big players since that clearly state that they want to control people minds. Also we need to exert effort to get updated on somethings happening in the market so that we will not get left behind once those manipulators will do a big move that can possibly move the market.
But also when talking about Bitcoin could surpass Gold? I guess we will find this one in future, but we can say that everything has possibilities that it will happen.
Which team do you fall into Digital Gold or Traditional Gold?
Diversification of investment would be better especially since these are two different investments.
Gold investment although always considered traditional still provides profit for its holders and Bitcoin takes a long time to reach gold, even young people still like gold, so it is difficult to choose, if I can have both of course I will choose both
It's already much harder to move the price of BTC: and it slowly will become harder and harder for institutions too, in my opinion.
A lot of bitcoin is concentrated in the hands of a few. Take Blackrock and all the ETFs or MicroStrategy, for example. They have what it takes to move the market. Bitcoin is a collateral for one type of bonds that MicroStrategy is selling to investors. If it becomes necessary to sell a big chunk of it due to a downward trend, it would cause a lot of panic selling, with other individuals and companies dumping their bitcoin. 
-snip-
Which team do you fall into Digital Gold or Traditional Gold?
I appreciate both Bitcoin and Gold and I will always take them seriously as part of my regular investment assets and will always find ways to manoeuvre my way around them, for I have discovered that the two have their time for earning maximization in investment and trading, it all depends on our experience and how we can unlock these earning potentials. So, I do not have any preference between the two, but from what your topic reads, if countries started recognising Bitcoin has its reserves, it might surpass Gold in market cap in a short period. Which team do you fall into Digital Gold or Traditional Gold?
With time, everything in human beings changes. Since ancient times, people have been very attracted to gold. It was valuable and still existed, but if we consider advantages in the current world, then we will put Bitcoin ahead of gold. The price of gold increases very slowly, whereas Bitcoin has the ability to increase much more than it in a short period of time. Moreover, there is no limitation in the price of gold, where if new minerals are found, the amount of gold will increase.
But the amount of Bitcoin will remain the same. That is why the demand for Bitcoin is very high. Moreover, the benefits that people get by using Bitcoin are not possible by using gold. Bitcoin is very easy to carry, which is not possible in the case of gold. We can definitely say that Bitcoin is a digital gold which is more expensive and attractive than gold.
But the amount of Bitcoin will remain the same. That is why the demand for Bitcoin is very high. Moreover, the benefits that people get by using Bitcoin are not possible by using gold. Bitcoin is very easy to carry, which is not possible in the case of gold. We can definitely say that Bitcoin is a digital gold which is more expensive and attractive than gold.
Gold prices are rising slowly because it has become so big, gold has a market capitalization of $18 trillion and is the world's largest asset. Meanwhile, Bitcoin is still quite small compared to gold so there will be more volatility but as Bitcoin gets bigger, volatility will also decrease.
Gold has no fixed supply, but its demand and utility are many times higher and more diverse than bitcoin. It is used in many industrial fields, not just for investment or jewelry making. Meanwhile, digital assets like bitcoin are currently only used as a form of investment or speculation. So the demand for gold will clearly always outstrip bitcoin. So, expecting bitcoin to surpass gold is possible but not as easy as many people think.
We can also say about defi, but of course - BTC is the coin not used in that field due to the fact it's - the - coin, and giving somebody the privilege of keeping your BTC without you being at the helm is considered poor decision-making.
It will not be easy - but digital always beats traditional.
With time, everything in human beings changes. Since ancient times, people have been very attracted to gold. It was valuable and still existed, but if we consider advantages in the current world, then we will put Bitcoin ahead of gold. The price of gold increases very slowly, whereas Bitcoin has the ability to increase much more than it in a short period of time. Moreover, there is no limitation in the price of gold, where if new minerals are found, the amount of gold will increase.
But the amount of Bitcoin will remain the same. That is why the demand for Bitcoin is very high. Moreover, the benefits that people get by using Bitcoin are not possible by using gold. Bitcoin is very easy to carry, which is not possible in the case of gold. We can definitely say that Bitcoin is a digital gold which is more expensive and attractive than gold.
But the amount of Bitcoin will remain the same. That is why the demand for Bitcoin is very high. Moreover, the benefits that people get by using Bitcoin are not possible by using gold. Bitcoin is very easy to carry, which is not possible in the case of gold. We can definitely say that Bitcoin is a digital gold which is more expensive and attractive than gold.
Gold prices are rising slowly because it has become so big, gold has a market capitalization of $18 trillion and is the world's largest asset. Meanwhile, Bitcoin is still quite small compared to gold so there will be more volatility but as Bitcoin gets bigger, volatility will also decrease.
Gold has no fixed supply, but its demand and utility are many times higher and more diverse than bitcoin. It is used in many industrial fields, not just for investment or jewelry making. Meanwhile, digital assets like bitcoin are currently only used as a form of investment or speculation. So the demand for gold will clearly always outstrip bitcoin. So, expecting bitcoin to surpass gold is possible but not as easy as many people think.
I can totally see both sides of the argument.
On one hand, BTC's potential for huge frowth is hard to ignore especially with how it's been gaining popularity and breaking new ground. It has clear advantages like being easy to transfer and divide which gold can't match.
But on the other hand, gold has stood the test of time. It's been a go-to store of value for centuries and people trust it especially in times of crisis.
It's really about balancing both in a portfolio and understanding their respective roles.
On one hand, BTC's potential for huge frowth is hard to ignore especially with how it's been gaining popularity and breaking new ground. It has clear advantages like being easy to transfer and divide which gold can't match.
But on the other hand, gold has stood the test of time. It's been a go-to store of value for centuries and people trust it especially in times of crisis.
It's really about balancing both in a portfolio and understanding their respective roles.
Simply put - BTC is about the future.
It's the digital evolution, made by people with ideals in mind.
And these ideals are still upheld today.
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