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Author Topic: bitcoin could possible to surpass gold marketcap  (Read 4412 times)

Offline Lutera94

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bitcoin could possible to surpass gold marketcap
« on: February 21, 2021, 06:39:54 AM »
Recently bitcoin reached 1 Trillion marketcap. That is new milestone in crypto, as well bitcoin.day by day many investors are moving from gold to bitcoin. people are losing interest in gold.Total supply of gold  is not limited but bitcoin total supply is limited. it seems that bitcoin is not going to stop soon and i hope bitcoin will be beat gold marketcap very early.
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bitcoin could possible to surpass gold marketcap
« on: February 21, 2021, 06:39:54 AM »

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Offline Malam90

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Re: bitcoin could possible to surpass gold marketcap
« Reply #1 on: February 21, 2021, 06:54:25 AM »
Bitcoin marketcap is now just $1.05T where Gold marketcap is $11.32. To surpass GOLD, Bitcoin price will have to hit $620k at least in the near future if Gold market becomes stable but we know it's not stable. Day by day, price increases owing to its increasing demand. So It's very difficult to surpass Gold by Bitcoin sooner.

Related sites:
https://companiesmarketcap.com/assets-by-market-cap/
https://8marketcap.com

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Re: bitcoin could possible to surpass gold marketcap
« Reply #2 on: February 21, 2021, 07:24:16 AM »
The market of bitcoin is increasing day by day and the interest of investors in it is increasing. Investors are also investing a lot in gold, but if we look at the data, the graph of bitcoin is growing more rapidly. Because in this last few years, bitcoin has given many times more profit than gold.
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Re: bitcoin could possible to surpass gold marketcap
« Reply #3 on: February 21, 2021, 07:29:52 AM »
If we look at the market cap at the moment, we can see that there are a lot of investors in Bitcoin. And the most famous people in the world are investing in Bitcoin, which is one of the reasons why the price of Bitcoin is increasing day by day. If we look at the gold market, we can see that investors are more inclined towards Bitcoin than gold at present.  Which is probably why the price of Bitcoin is going up so much overnight.
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Re: bitcoin could possible to surpass gold marketcap
« Reply #4 on: February 21, 2021, 11:43:38 PM »
Probably we can see how the Bitcoin price is significantly increasing and this also influences how the rank ad also interests from new people to Bitcoin. So far, we can see how the chance of Bitcoin to be in the market cap and stay there. ANd they are good competitor for gold.

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Re: bitcoin could possible to surpass gold marketcap
« Reply #5 on: February 22, 2021, 03:57:50 AM »
~ i hope bitcoin will be beat gold marketcap very early.
I'd love this to happen actually and slap it on Peter's face but nah...ten trillion is too much. It would take a massive decline in Gold's value and an insane surge of BTC price. @Malam90 has given you the figures to think about and not just talk with minimal analysis.

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Re: bitcoin could possible to surpass gold marketcap
« Reply #6 on: February 22, 2021, 04:48:17 AM »
It would be a mistake to compare gold with Bitcoin at present. This is because the price of bitcoins is rising a lot at the moment but the price of gold is going to rise and fall further.Many discussed that holding bitcoin would not be good if holding gold would be better. I have always been in favor of holding bitcoin. Because the price of Bitcoin will go up and the price of gold will go up like this No.
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Re: bitcoin could possible to surpass gold marketcap
« Reply #6 on: February 22, 2021, 04:48:17 AM »


Offline Angel jara

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Re: bitcoin could possible to surpass gold marketcap
« Reply #7 on: February 22, 2021, 09:27:44 AM »
The price of science is increasing exponentially over time. The price of Bitcoin is rising more than the price of gold. At some point, people may panic with Bitcoin seeing its price. Look at the price of Bitcoin, it will be 100000 dollars, then its true form will be revealed.
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Offline trauchot

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Re: bitcoin could possible to surpass gold marketcap
« Reply #8 on: February 22, 2021, 06:45:00 PM »
The price of gold is, of course, stable, but the price of bitcoin is constantly changing and this is a huge problem for someone, well, of course, in the future, the price of bitcoin will only grow and will reach new heights, and gradually more and more people will invest in bitcoin and thus the capitalization of bitcoin in the future will overtake the capitalization of gold.
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Offline Giangphuong8489

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Re: bitcoin could possible to surpass gold marketcap
« Reply #9 on: February 22, 2021, 08:27:25 PM »
I don't think this is possible in the short term, as Bitcoin capitalization is currently only 10% of the gold capitalization. If it want to surpass the capitalization of gold, BTC needs to reach 600K USD. This is an overwhelming price for the current crypto market, and I believe we are not ready for that. Let give this quest to halving 2024 :)
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Re: bitcoin could possible to surpass gold marketcap
« Reply #10 on: February 22, 2021, 11:13:54 PM »
It is very possible since Bitcoin grows very well and fast lately. I am not surprised if Bitcoin can overtake the gold market cap someday or in the near future. Many people also join Bitcoin investment now, not only old investors/traders but many newcomers as well. This will lead bitcoin to grow faster and can overtake gold.
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Re: bitcoin could possible to surpass gold marketcap
« Reply #11 on: February 22, 2021, 11:16:57 PM »
Gold is a very promising investment. This has high market cap. However, right now, Bitcoin is also very hype and we can see that there are some chances to get higher and higher again moreover in this bullish tie with much good fundamental news.
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Offline sugarchrisp

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Re: bitcoin could possible to surpass gold marketcap
« Reply #12 on: February 22, 2021, 11:18:22 PM »
Indeed, bitcoin is becoming more valuable every day, but I think it can become a digital ally of gold, a strong hard currency, but it cannot completely replace it!
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Re: bitcoin could possible to surpass gold marketcap
« Reply #13 on: February 22, 2021, 11:23:03 PM »
Gold is currently number one, but Bitcoin volume is also increasing. If the price of Bitcoin continues to increase, I also believe Bitcoin can take the position of Gold as an asset with number one Market Capitalization Volume.

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Re: bitcoin could possible to surpass gold marketcap
« Reply #14 on: February 22, 2021, 11:50:36 PM »
It is also about because of supply and demand. I this area, we can see also that many more people ofr commodity really get the very big idea t know BTC can surpass the gold from the market cap. But it may still at the same time or wait for the next pump again.

 

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