When will Bitcoin catch up with Gold in capitalization?

[Carbitcoin]

Global changes are currently taking place in the financial market.  At the same time, there is a flow of capital from gold to Bitcoin, and the price of gold has recently dropped very much. I am confident that Bitcoin is inexorably moving towards reaching and exceeding the capitalization of gold. Bitcoin halving will make BTC more scarce than gold.

[sampoerna]

Global changes are currently taking place in the financial market.  At the same time, there is a flow of capital from gold to Bitcoin, and the price of gold has recently dropped very much. I am confident that Bitcoin is inexorably moving towards reaching and exceeding the capitalization of gold. Bitcoin halving will make BTC more scarce than gold.

Even though the current conditions are like this, the journey is still too long for Bitcoin to be able to catch up Gold market capitalization. Gold still becomes number 1 and Bitcoin is still in number 10. But at least, Bitcoin as in number 10, it means that Bitcoin is really highly considered in the world. Even though it takes quite a long time. And hopefully Bitcoin's market cap will be able to rise again and follow or take over other positions 1 by 1. Because it's not easy when fighting against the real market cap power of real companies.

[Google+]

Even though the current conditions are like this, the journey is still too long for Bitcoin to be able to catch up Gold market capitalization. Gold still becomes number 1 and Bitcoin is still in number 10. But at least, Bitcoin as in number 10, it means that Bitcoin is really highly considered in the world. Even though it takes quite a long time. And hopefully Bitcoin's market cap will be able to rise again and follow or take over other positions 1 by 1. Because it's not easy when fighting against the real market cap power of real companies.

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.

[vegasus]

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?

[Peter90]

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?

I think you are addressing the role of gold as monetary reserve of a country.
Yes, while Central Banks have been net buyer of gold for some time, they still don't accumulate BTC.

On the other hand, in the investment sector, the 1% rule is getting established, particularly among institutional investors:


“Nobody got fired for buying IBM” …but you might get fired for not buying Bitcoin

in the next cycle, the institutions will show up, and because of the huge asymmetry in Bitcoin, they will find it compelling enough to allocate a small percentage to it.
I predicted a new investment mantra for institutional fund managers, “The 1% Allocation”.

Let the data points commence: Fidelity, with $12.6 trillion AUM and one of the spot ETF providers (the only one who built out their own custodian to handle it) has added an allocation of “crypto” to their flagship, “All-In-One Conservative ETF” – self professed as, “A one-ticket solution diversified across regions, market caps and investment styles/factors, with the attractions of professional management.”



The new 1% Rule: Buy Bitcoin

We all know the old adage, “Nobody got fired for buying IBM”, which was a mantra back in the “Nifty Fifty” days (which was before my time, but there have always been later iterations: substitute IBM for Microsoft, Google, Apple, etc.)
Here’s what I think happens now: while today nobody may get fired for buying, say, The Magnificent Seven, tomorrow you may very well get fired for not plunking 1% into Bitcoin. Yes, really.

So I now humbly present you with “The Theme” of this cycle:
The Theme is: The Institutions are Coming.
The core driver is: The Bitcoin Spot ETFs.
The mantra will be: Allocate 1% to Bitcoin.

bombthrower.com

[KryptoBull]

Global changes are currently taking place in the financial market.  At the same time, there is a flow of capital from gold to Bitcoin, and the price of gold has recently dropped very much. I am confident that Bitcoin is inexorably moving towards reaching and exceeding the capitalization of gold. Bitcoin halving will make BTC more scarce than gold.

It is true that we are seeing money flowing from Gold ETF to BTC ETF but this does not mean that BTC cap will soon catch up with Gold ETF in the short term, even though the scarcity of BTC will soon surpass the scarcity of Gold. Gold will still be a huge asset that has thousands of years of history and is widely accepted globally.

In the immediate future, I only hope that BTC continues to be mentioned as digital gold to lead the entire crypto market, then BTC will be accepted as a strategic reserve asset of countries around the globe, similar to what Gold did.

[doc]

Even though the current conditions are like this, the journey is still too long for Bitcoin to be able to catch up Gold market capitalization. Gold still becomes number 1 and Bitcoin is still in number 10. But at least, Bitcoin as in number 10, it means that Bitcoin is really highly considered in the world. Even though it takes quite a long time. And hopefully Bitcoin's market cap will be able to rise again and follow or take over other positions 1 by 1. Because it's not easy when fighting against the real market cap power of real companies.

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.

Most people are more confident about investing in gold than bitcoin, because they trust its form. Meanwhile, many people say bitcoin is digital gold. I have a prediction in the future that people will prefer to invest in bitcoin rather than gold, this is just what I see in the future that will happen.

[snowpega]

Well, For now Bitcoin has achieve some more market capital and the market of bitcoin is increasing day after day which seems to be unstoppable. The market capital of bitcoin is $1.07 Trillion on the time when i am creating this post. It is very near to break the market capital of silver which is think is $1.27 trillion. Bitcoin has break a lot of big companies , institutions, Organizations Market capital which includes Tesla work well know Auto Electric car company.

Besides all that if bitcoin keep its path as it is performing from the begging day i would break the Gold market capital as well and in this way bitcoin might be the world strongest digital currency in the coming future. So there is no doubt Bitcoin will gain the majority investors eyes on it who will start to take more than more interest in it.

[NikeFit_7777]

My personal opinion on the matter. If the manipulators wanted it, the capitalization price would have caught up (and maybe even overtaken it) long ago. Let's say bitcoin's capitalization is higher (than gold's). What should be the price for 1 bitcoin? I believe many times higher (from current value). In today's reality, I find that hard to believe. This will require even more popularization of bitcoin (among people who are not familiar with it) + a fairly large injection of funds will be needed.

Found some interesting information from the media:

"Since the beginning of the year, bitcoin's value has increased by more than 160%. It has significantly outperformed other asset classes, including gold and major stock indices."

[Trongduy]

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?

For me, surpassing Microsoft to be in the top 2 is too good for BTC, I don't even dare to dream of doing that this season, because stocks will also increase, assuming BTC reaches 150k USD, technology stocks as Microsoft also has to x2 from the current price. It's okay for BTC to be in the top 10 and gradually move up the rankings to assert its value in the economy.

Gold is still the most valuable asset in the world, to compete with gold, BTC is still young and needs more time. I think in the next 10-20 years we will see BTC become a global reserve asset and replace gold as the national reserve standard.

[Rikafip]

For me, surpassing Microsoft to be in the top 2 is too good for BTC, I don't even dare to dream of doing that this season, because stocks will also increase, assuming BTC reaches 150k USD, technology stocks as Microsoft also has to x2 from the current price. It's okay for BTC to be in the top 10 and gradually move up the rankings to assert its value in the economy.

Honestly, I never understood people's obsessions over bitcoin's marketcap and the news like "BTC overpassed xyz company etc" that we hear all the time during bull market. After all, I think that mcap itself is bad metric that can be easily manipulated, therefore shoulnd't be seen so seriously.

[Peter90]

After all, I think that mcap itself is bad metric that can be easily manipulated, therefore shoulnd't be seen so seriously.

Market cap = number of shares/coins x share/coin price
I don't know how could it be manipulated

I agree with you that market cap per se is pretty much meaningless as a criterium for deciding whether to purchase a coin or not

[tranthidung]

Found some interesting information from the media:

"Since the beginning of the year, bitcoin's value has increased by more than 160%. It has significantly outperformed other asset classes, including gold and major stock indices."

Where did you find it?

Could you share the source, please.

Let me go ahead by sharing a website at which you can get similar chart and information, even more than that.

• https://casebitcoin.com/charts
• From chart to table and with chart, you can choose different time frames like 1 month, 6 month, Year to Date, 1 year, 2 year, 3 year, 5 year, 10 year.
  
  • It's ROI chart
  • https://casebitcoin.com/charts#roi_chart

It seems the chart does not update for S&P500 and Long US bonds some months ago. Not sure why.

[KryptoBull]

Honestly, I never understood people's obsessions over bitcoin's marketcap and the news like "BTC overpassed xyz company etc" that we hear all the time during bull market. After all, I think that mcap itself is bad metric that can be easily manipulated, therefore shoulnd't be seen so seriously.

During the uptrend, investors sentiment is extremely optimistic and the concept of "BTC is Gold 2.0 or digital Gold" is popular. At that time, BTC was often compared to Gold in terms of capitalization and profits with the implication: BTC could defeat and replace Gold. I know this is pretty crazy but that's the story that happened in 2017 and 2021.

I agree with you that this can be manipulated: when Market Makers continuously pump good news into the market to deceive investors in the distribution area, investors will have an unreasonable expectation of an price increase of BTC like 1 BTC = 100K USD, 1 BTC = 250K USD in 2021. Finally, many investors missed the opportunity to take profits on BTC and Altcoins 

[EthereumDev_]

Honestly, I never understood people's obsessions over bitcoin's marketcap and the news like "BTC overpassed xyz company etc" that we hear all the time during bull market. After all, I think that mcap itself is bad metric that can be easily manipulated, therefore shoulnd't be seen so seriously.

Unfortunately, the price of Bitcoin has managed to reach this high and will still rise because the opportunity to rise is still clearly visible. The price of Bitcoin will reach its highest point at the end of this year. If mcap is a manipulation, then Bitcoin is no manipulation, and everything is real; the price is very in line with the exchange.