When will Bitcoin catch up with Gold in capitalization?

[IvugeoEvolutionCoin]

Gold and Bitcoin have different shapes and it is very likely that Bitcoin will not be able to beat Gold even though Gold's supply is greater than Bitcoin, but with Gold having a higher demand than Bitcoin, the price is very expensive, after all, Bitcoin requires many components to function. make transactions while Gold is not as much as Bitcoin requires, So that is why Gold is more expensive than Bitcoin.

Both are very valuable and potential investments. it's just that they're different somehow. Market Cap Gold is currently very high, this is a backup for a country's wealth. And we know that gold has a very important value for a country. Because of this, Gold's market cap has always been number 1 for a long time. Meanwhile, Bitcoin is still a long-standing debate among several parties. Even though this time the development has started to be good, it has not been able to achieve the Gold brand market itself. But what's certain is that if it's in the top 10, that means it's truly recognized, right?

Gold does have a very high demand and a fairly expensive price, but what needs to be noted is that gold has an unlimited supply, and at the moment I have seen many groups that have succeeded in making gold. This means that the circulation of gold is very unlimited, so gold should have a price that is cheaper than Bitcoin, which has a very limited supply.

[pawel7777]

Overtaking gold in terms of market cap is not achievable in this cycle. The best we could hope for, at least for now, is the 2nd place. For that, we would need to have Microsoft not increase their market cap and bitcoin going up to $154,224, calculated on the current supply.
If Bitcoin is here to stay, then it could catch up with gold eventually, but that's a long way to go.

[TomPluz]

I believe in the potential and future of Bitcoin, but I'm quite curious about the possibility that Bitcoin can replace Gold or at least catch up with Gold in capitalization. I personally do not expect that Bitcoin will surpass Gold, because by then, the BTC price will be too high and cause BTC to lose a lot of value in payments, maybe then BTC will only be in reserve account of governments.

One reason why Bitcoin is compared to the real gold is that both can be acting like safe haven for investors most especially in times not normal. Now, I think, beyond that safe haven thing, they are quite different in many ways than one. Gold is something we can see, touch, feel and can be minted in other words it is physical while Bitcoin is the opposite...something that exists only in the realm of computing or digital so we can not see it like gold all we can see are numbers and other details. Now, both are now very valuable but Bitcoin is where the excitement is as we know that more and more people are drawn to Bitcoin than maybe gold (though there is nothing wrong with gold, I must say). In terms of capitalization, gold remains to be a lot, lot more as compared to Bitcoin. Will BTC clubber gold? I am really sure of that or when that can possibly happen. According to the Million Dollar Club member Ark Invest CEO Cathie Wood, BTC can reach a price of 1 million dollar by 2030 so by then maybe finally we can compare Bitcoin wit gold and vice versa.

[bitterguy28]

Gold and Bitcoin have different shapes and it is very likely that Bitcoin will not be able to beat Gold even though Gold's supply is greater than Bitcoin, but with Gold having a higher demand than Bitcoin, the price is very expensive, after all, Bitcoin requires many components to function. make transactions while Gold is not as much as Bitcoin requires, So that is why Gold is more expensive than Bitcoin.

Both are very valuable and potential investments. it's just that they're different somehow. Market Cap Gold is currently very high, this is a backup for a country's wealth. And we know that gold has a very important value for a country. Because of this, Gold's market cap has always been number 1 for a long time. Meanwhile, Bitcoin is still a long-standing debate among several parties. Even though this time the development has started to be good, it has not been able to achieve the Gold brand market itself. But what's certain is that if it's in the top 10, that means it's truly recognized, right?

Gold does have a very high demand and a fairly expensive price, but what needs to be noted is that gold has an unlimited supply, and at the moment I have seen many groups that have succeeded in making gold. This means that the circulation of gold is very unlimited, so gold should have a price that is cheaper than Bitcoin, which has a very limited supply.

Gold has unlimited supply but its getting lower and lower the mining nowadays but yes that is something to be addressed while bitcoin only has 21 million in total but as there are so much  losing from handling there are maybe 15 million in circulation or even lower.
so Indeed that the value of bitcoin must be higher than Gold ,

Overtaking gold in terms of market cap is not achievable in this cycle. The best we could hope for, at least for now, is the 2nd place. For that, we would need to have Microsoft not increase their market cap and bitcoin going up to $154,224, calculated on the current supply.
If Bitcoin is here to stay, then it could catch up with gold eventually, but that's a long way to go.

yeah not in our time now but possible in th future right ? because bitcoin is growing each year in value and in use.

[Wiseman]

To catch up and overtake gold in capitalization is a feasible task, bitcoin grows after each doubling of complexity and if it does not do it this year - next year, when doubling the complexity next time its price should be very large and then it will be able to catch up and overtake gold in capitalization.

[tranthidung]

To catch up and overtake gold in capitalization is a feasible task, bitcoin grows after each doubling of complexity and if it does not do it this year - next year, when doubling the complexity next time its price should be very large and then it will be able to catch up and overtake gold in capitalization.

Before that day, Bitcoin Spot ETFs will surpass Gold ETFs first.

It is so impressive that only a little more than one month, Bitcoin Spot ETFs already reached about half of Gold ETFs and asset values they hold.

• BTC: $40.7B
• Gold: $92B

If the accumulation speed maintains, Bitcoin Spot ETFs will catch Gold ETFs even if Bitcoin price stuck around $60,000 but I am optimistic that we will see a new all time high for Bitcoin very soon.

[0t3p0t]

As you said, I also hope that BTC price will rise to ~$150K in 2025 to be able to compete for 2nd or 3rd place with Apple and Microsoft!

Well I can say that there really is a huge possibility on this one. I could be wrong but I am very much bullish about this and I also think that this will happen next year as well. Big time investors will always choose the right investments and that is Bitcoin. Though big brands out there just like Apple and Windows is no doubt very consistent but with Bitcoin, a newly renowned asset will soon take over on that list no doubt about that. As you can see that diagram above me it is really not possible because it even reach half of golds ETF in just more than a month so how much more if we are talking about years?

[dekafee79]

To catch up and overtake gold in capitalization is a feasible task, bitcoin grows after each doubling of complexity and if it does not do it this year - next year, when doubling the complexity next time its price should be very large and then it will be able to catch up and overtake gold in capitalization.

Bitcoin has the potential to overtake gold in capitalization in the future. We have also heard some people say bitcoin will replace gold in the future, I do not agree with this because it is two different things.  Gold has a physical form and is very popular in the world.  Meanwhile, bitcoin is not yet as popular as gold.  Bitcoin is a digital asset.

[Wiseman]

To catch up and overtake gold in capitalization is a feasible task, bitcoin grows after each doubling of complexity and if it does not do it this year - next year, when doubling the complexity next time its price should be very large and then it will be able to catch up and overtake gold in capitalization.

Before that day, Bitcoin Spot ETFs will surpass Gold ETFs first.

It is so impressive that only a little more than one month, Bitcoin Spot ETFs already reached about half of Gold ETFs and asset values they hold.

• BTC: $40.7B
• Gold: $92B

If the accumulation speed maintains, Bitcoin Spot ETFs will catch Gold ETFs even if Bitcoin price stuck around $60,000 but I am optimistic that we will see a new all time high for Bitcoin very soon.

Let's see what time will show, now everything looks very good, I hope that everything will look the same, after this division of bitcoin everyone is waiting for it for 100-200k and fixing at that level.

[Jamal Aezaz]

Bitcoin has limited supply and gold has unlimited supply as well as there is a volatility issue that gold does not have such higher volatility as that of bitcoin therefore people are accepting gold more often than bitcoin.

Other thing is that people are all aware of gold as it is present in physical state whereas bitcoin is online source of earning therefore people if cannot reach to the asset then they get fear of losing money in that thing. The value not only depends on the supply but also it is more dependent on demand so I think gold is highly demanded as compared to bitcoin.

[bhadz]

$13T for gold's marketcap while for Bitcoin is currently at $1.2T. So, there's a need to 10x for Bitcoin's market cap to reach gold's market cap. And that means that if it's for the value, Bitcoin should be around $600k for its price as indication for its value to reach gold's market capitalization. It takes time but as we all know, Bitcoin's growth is fast. Maybe a three or more halving and we'd see that in the future but  I wouldn't focus on that part.

[pawel7777]

Bitcoin has limited supply and gold has unlimited supply as well as there is a volatility issue that gold does not have such higher volatility as that of bitcoin therefore people are accepting gold more often than bitcoin.

Gold also has an unlimited supply because there is a finite supply of gold in the world. Some of it is already mined and some of it is not, We don't know the exact quantities that are still left unmined, but it's estimated to be something around 60 thousand tonnes. The total amount of gold mined throughout the human history is said to exceed 200 thousand tonnes. So, similar to Bitcoin, most of it has already been mined.
Of course there could be more gold outside of Earth, but that's a different story.

[Peter90]

Some of it is already mined and some of it is not, We don't know the exact quantities that are still left unmined, but it's estimated to be something around 60 thousand tonnes. The total amount of gold mined throughout the human history is said to exceed 200 thousand tonnes.

Are you saying that all mined bitcoins are considered for BTC market cap, but of all mined gold (200k tons) only 60k tons are considered for gold market cap?


Question to all: when you say gold market cap, are you talking about
a) all gold above ground? so jewellery too? gold teeth? gold within industrial products? or just
b) monetary gold (coins and bars)?

If you are comparing gold vs. BTC, currency vs. currency, shouldn't you consider only monetary gold?

[Fivestar4everMVP]

Anything is possible, as long as bitcoin and crypto currencies are concerned, and even judging from how old gold is, and how old bitcoin is, it is easy to tell that bitcoin is an asset that is on steroid looking at how far it has grown in just a few years of its existence.

Bitcoin market cap will surpass that of gold, but when this will happen is what I can possibly tell, since it's very hard to predict the future, and also, we should remember that, as far as bitcoin is already here, the growth of gold will be reduced significantly because, right now, gold may likely lose some of its investors to bitcoin, that is, some gold holders may at a point ape in on bitcoin, which simply means that gold may continue to lose some of, or a significant portion of its marketcap to bitcoin.

So, rest assured that bitcoin marketcap will one day catch up with that of gold, but when (like I said before) is what I can't predict.

[pacar_tiri]

$13T for gold's marketcap while for Bitcoin is currently at $1.2T. So, there's a need to 10x for Bitcoin's market cap to reach gold's market cap. And that means that if it's for the value, Bitcoin should be around $600k for its price as indication for its value to reach gold's market capitalization. It takes time but as we all know, Bitcoin's growth is fast. Maybe a three or more halving and we'd see that in the future but  I wouldn't focus on that part.

I think that Bitcoin still requires quite a longer process than gold. So far gold is also very easy to get but still has an expensive price, while Bitcoin is currently very difficult to get and the price will become expensive in the future.