Topic: When will Bitcoin catch up with Gold in capitalization? (Read 1259 times)

Bitcoin adoption is quite low even if we were to eliminate the countries (locations) that are lacking electricity and/or lacking internet services (or cell phone services that would allow for connection to the internet.. even if the data might be limited).  I was not attempting to suggest that infrastructure is keeping back bitcoin adoption as much as even awareness or hearing the bitcoin name or people thinking they know what is bitcoin, they likely don't really know very much about what bitcoin is, even if they had heard the name and they might speculate that they know what is bitcoin.

Taking whatever factors of bitcoin exposure, bitcoin adoption remains quite low whether we are talking about individuals or institutions and/or even governments.  Many institutions and governments are not lacking information service (such as internet), so bitcoin remains quite immature, even if more and more folks are hearing about bitcoin ETFs, and even the bitcoin ETFs are still not very widely available, even though they have been quite successful in terms of some folks buying bitcoin price exposure through such instruments, but still many RIA (registered investment advisors) are barely coming into having BTC spot price ETFs available for them to offer to their clients... not that ETFs are real bitcoin, even if there may be some requirements that the underlying managers of the ETFs are supposed to be backing the BTC with actual bitcoin (which I am not completely sure about the various terms of how matched the ETF shares have to be matched with actual bitcoin).

Of course. Not everyone knows about BTC. Even though institutions have joined the game, they only constitute a small fraction of the world's population. There are many countries without Internet access and/or reliable access to electricity. How can people living in such countries use BTC that way? For adoption to increase, there needs to be the proper infrastructure to make it happen.

I think we're still early to the game. Set yourself forward 10 - 20 years, and Bitcoin will already be known to almost everyone in the world. Once that's done, nothing should stop BTC from surpassing Gold's market cap. At least, that's what I think.

Probably less than 1% of the world's population has any BTC, so it is very misleading when people try to act like bitcoin is anything even close to approaching a mature asset class.

Bitcoin and gold both have their own pros and cons, and both have different use cases, it is difficult to say that bitcoin is superior to gold in every way and vice versa. But since we are on the bitcoin forum it is understandable why bitcoin is biased and overrated  .

Bitcoin is still in the hype phase. It isn't even mainstream yet.
People often say that stable gold prices mean that gold prices do not increase too quickly, not that gold prices will stop increasing if the economy stabilizes.

Although BTC has made substantial progress within just 15 years, there's a long road ahead before it becomes relatively stable. Stability can only be achieved once the market reaches a certain level of maturity.

A considerable amount of the world's population hasn't bought or used BTC yet. Compared to traditional assets, Bitcoin is just getting started. It will continue to go up until a threshold is reached. Just like Gold.

I know for sure that BTC will surpass Gold's market cap. Especially when adoption is increasing at a fast pace. Let's give it 1-2 more decades to see what happens. Even if BTC surpasses Gold's market cap, that doesn't mean the "yellow metal's" days are over. Neither BTC can replace Gold or viceversa. Each will have their own uses/purpose in life. I'd suggest you hold both for complete peace of mind. You'll thank me later.

Bitcoin's market cap is still growing faster than gold because bitcoin's market cap is still quite small, but as bitcoin gets bigger, this growth rate will slow down. So catching up with gold's capitalization is not easy and may happen in the short term.
People often say that stable gold prices mean that gold prices do not increase too quickly, not that gold prices will stop increasing if the economy stabilizes.

Bitcoin and gold both have their own pros and cons, and both have different use cases, it is difficult to say that bitcoin is superior to gold in every way and vice versa. But since we are on the bitcoin forum it is understandable why bitcoin is biased and overrated  .

Don't you mean it will be easier for Bitcoin to catch up with Gold? After all, BTC's market cap went higher than Gold's within such a short amount of time. I know countries stockpiling Gold will increase its price. But only while wars and geopolitical tensions persist. Once it's over, Gold prices will settle. That's where Bitcoin comes in.

Many institutional investors (and a few governments) are already adding BTC to their portfolio. They consider Bitcoin as the next "digital Gold". With a predictable supply and portability, BTC is already superior to Gold. It just needs time for the world to recognize it. Who knows how valuable BTC will be once it's adopted by almost everyone in the world?

Don't you mean it will be easier for Bitcoin to catch up with Gold? After all, BTC's market cap went higher than Gold's within such a short amount of time. I know countries stockpiling Gold will increase its price. But only while wars and geopolitical tensions persist. Once it's over, Gold prices will settle. That's where Bitcoin comes in.

Many institutional investors (and a few governments) are already adding BTC to their portfolio. They consider Bitcoin as the next "digital Gold". With a predictable supply and portability, BTC is already superior to Gold. It just needs time for the world to recognize it. Who knows how valuable BTC will be once it's adopted by almost everyone in the world?

After ten months, gold market cap rise around 40% while Bitcoin market cap rise for 100%.

If this trend keep continue, it's hard for Bitcoin to catch up gold, although in the long run Bitcoin will.

The war in many countries still not yet ended and we've heard South Korea attempted martial law in the last week, if there are more countries join in war, gold price will keep rising.

After ten months, gold market cap rise around 40% while Bitcoin market cap rise for 100%.

If this trend keep continue, it's hard for Bitcoin to catch up gold, although in the long run Bitcoin will.

The war in many countries still not yet ended and we've heard South Korea attempted martial law in the last week, if there are more countries join in war, gold price will keep rising.

There's no denying it
We may not know when, but Bitcoin will surely surpass Bitcoin Gold

Although since gold has been in existence for centuries, it won't be an easy task compared to gold, Bitcoin is still very new to the market

There's no denying it
We may not know when, but Bitcoin will surely surpass Bitcoin
One of the major reasons this will happen is because
Unlike GOLD, people can easily be able to see and track any transactions made with Bitcoin so the government can't lie about it(decentralized)

Although since gold has been in existence for centuries, it won't be an easy task compared to gold, Bitcoin is still very new to the market

While Bitcoin recently reach above 100,00K and its achievement of over 10% of gold's market cap demonstrate impressive progress, to have equal market cap as gold at 850K will need much more. Bitcoin will need much broader adoption and significant technological improvements,  even maybe better than the Lightning Network.

While the value of gold is based on its physical and historic use, Bitcoin currently is more like digital utility and speculation. The higher the price of Bitcoin goes, the less it will be used as a payment system but more as a reserve asset. Whether this shift would be beneficial does depend on market dynamics and government regulation. All that being said, I believe in Bitcoin, and I hope that Bitcoin can finally reaching gold's market cap in few decades, with better global economic trends I think that's possible.

While Bitcoin recently reach above 100,00K and its achievement of over 10% of gold's market cap demonstrate impressive progress, to have equal market cap as gold at 850K will need much more. Bitcoin will need much broader adoption and significant technological improvements,  even maybe better than the Lightning Network.

While the value of gold is based on its physical and historic use, Bitcoin currently is more like digital utility and speculation. The higher the price of Bitcoin goes, the less it will be used as a payment system but more as a reserve asset. Whether this shift would be beneficial does depend on market dynamics and government regulation. All that being said, I believe in Bitcoin, and I hope that Bitcoin can finally reaching gold's market cap in few decades, with better global economic trends I think that's possible.

Bitcoin is portable, while Gold is not. This is one of the main advantages of holding BTC. You can carry millions of dollars' worth of BTC hidden in plain sight. It can be on a small piece of paper, a microSD card, a small usb drive, or even an implant. You can't do that with Gold. Between storage and transporation fees, carrying large amounts of Gold across the world becomes utterly-expensive and inconvenient. Besides, Bitcoin has a predictable/fixed supply. Everybody knows there will only be 21m BTC. But no one knows the exact amount of Gold in existence.

People like to compare bitcoin and gold because bitcoin was largely designed around several of the premises of gold as sound money, yet bitcoin was designed in such a way to be even more sound money than gold with storage of value and peer to peer transaction, and bitcoin has both.  Surely, also bitcoin does not have the same kinds of third-party costs and obstacles as gold, and the fact of the matter is that many of us have likely come to understand that bitcoin is not only better than gold in a lot of aspects, and that bitcoin is likely in the ballpark of 1,000x or more better than gold in terms of various aspects of bitcoin's monetary qualities, so not only the scarcity of bitcoin, but also the verifiability, transportability, divisibility and the lack of dependency on third parties that end involving extra costs and even security issues. 

Surely there are aspects of financial sovereignty that can take place when there is authority over one's own money and value, and gold is not completely lacking in such qualities, since both gold and bitcoin are bearer instruments, but there still can be questions in regards to with whom any of us might be able to transact.

Currently, in terms of price, bitcoin is about 1/10th the market cap of gold, and so if it were to get to 1,000x gold's market cap, then that is about a 10,000x price adjustment with either bitcoin going up or gold coming down or both... and so getting to gold's parity in market cap could happen this cycle or it may take a bit of time, such as even another cycle or two (yet I have my doubts it would take a couple of cycles to reach mere parity with gold), and as others have said one thing is to reach bitcoin/gold parity, yet another thing is to sustain such parity... and then maybe getting to 10x higher than gold might not even be that difficult as compared with bitcoin potentially becoming way less volatile (relatively speaking) as compared to today when in the future bitcoin might be bouncing around and going from 10x of gold's market cap to 1,000x gold's market cap, which also could take 50-200 years to achieve.

There are likely going to continue to be battles along the way, since status quo rich probably do not appreciate their value being transferred into bitcoin, which has been happening in the past 10 years and is likely going to continue to happen at a considerably increasing rate.. the transfer of wealth from the no coiners to the coiners, and even ongoing and various confusions along the way in regards to figuring out what asset(s)/ currencies are more valuable, while at the same time people are figuring it out and are going to continue to figure out that bitcoin is the place to keep their value or to gravitate their own value into bitcoin in line with Gresham's law kinds of principles, even if most normies have no clue about what is Gresham's law, they still likely realize to spend their less valuable assets/currencies first.

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