When will Bitcoin catch up with Gold in capitalization?

[|MINER|]

Bitcoin's wealth growth depends on several factors, including investor sentiment.  The current gold market cap is significantly higher. Bitcoin may catch up with gold at some point in market cap, but it's almost impossible to predict.  But we've seen gold so far with a market cap of around $12 trillion, while bitcoin's is significantly lower. Some analysts suggest it could take years or even decades, while others believe so.

Now, if you check the companiesmarketcap website again, you will see that Bitcoin's total market cap is currently $1.271 trillion, while Gold's market cap is currently $16.526 trillion. Then it appears that the market cap of gold is 12.99 times bigger than the market cap of Bitcoin.
And its progress rate is 7.7% so it would be fair to say that even though Bitcoin is one of the best digital assets, it still has a long way to go to cross the market cap of gold.

[KryptoBull]

Now, if you check the companiesmarketcap website again, you will see that Bitcoin's total market cap is currently $1.271 trillion, while Gold's market cap is currently $16.526 trillion. Then it appears that the market cap of gold is 12.99 times bigger than the market cap of Bitcoin.
And its progress rate is 7.7% so it would be fair to say that even though Bitcoin is one of the best digital assets, it still has a long way to go to cross the market cap of gold.

Gold has a history of thousands of years, while BTC has only been around for about 15 years, so we have a lot of time to wait and watch the development of BTC in the future, over many more cycles.

I also don't believe that the BTC market cap can catch up with the Gold market cap anytime soon, I just hope that investors will continue to aim for this goal so that BTC is still seen as Gold 2.0 rather than a pure financial tool in the hands of Wall Street or the world's top asset managers.

[TomPluz]

Now, if you check the companiesmarketcap website again, you will see that Bitcoin's total market cap is currently $1.271 trillion, while Gold's market cap is currently $16.526 trillion. Then it appears that the market cap of gold is 12.99 times bigger than the market cap of Bitcoin. And its progress rate is 7.7% so it would be fair to say that even though Bitcoin is one of the best digital assets, it still has a long way to go to cross the market cap of gold.

While Bitcoin is often called as the digital gold and I even used this comparison myself many times, I am not obsessed on the possibility of BTC taking the lead over physical gold in terms of marketcap. There is no point for such a thing as these two are actually different asset types...for sure Bitcoin will not be able to replace gold and neither gold to Bitcoin. Now, for people who might feel good if Bitcoin will overtake gold...it is estimated that the price of BTC must be around $720,000 or something like that. The question is: will that be possible? Of course it is but it can be taking some time to make it there. So let's all buy more Bitcoin to help it get there as soon as possible.

[dekafee79]

Now, if you check the companiesmarketcap website again, you will see that Bitcoin's total market cap is currently $1.271 trillion, while Gold's market cap is currently $16.526 trillion. Then it appears that the market cap of gold is 12.99 times bigger than the market cap of Bitcoin. And its progress rate is 7.7% so it would be fair to say that even though Bitcoin is one of the best digital assets, it still has a long way to go to cross the market cap of gold.

While Bitcoin is often called as the digital gold and I even used this comparison myself many times, I am not obsessed on the possibility of BTC taking the lead over physical gold in terms of marketcap. There is no point for such a thing as these two are actually different asset types...for sure Bitcoin will not be able to replace gold and neither gold to Bitcoin. Now, for people who might feel good if Bitcoin will overtake gold...it is estimated that the price of BTC must be around $720,000 or something like that. The question is: will that be possible? Of course it is but it can be taking some time to make it there. So let's all buy more Bitcoin to help it get there as soon as possible.

I can't imagine if the price of Bitcoin reaches $ 720k it takes a long time to achieve it. And we should focus on investing in Bitcoin without comparing with gold, as you said both are different and have each lovers. Maybe in the future Bitcoin and other Crypto Currency will replace gold but not in the near future. Because there are still many people who do not understand Bitcoin technology.

[Captain Corporate]

Well gold market cap is assumed to be a little over 16, lets say 17 to be sure. I am sure that there are golds in the world that's not in this calculation, you can't know ALL the golds, but this is the assumption at least. Bitcoin on the other hand is not %10 of that, meaning its 1.3 trillion yet. So if bitcoin goes x10 higher, to 650k per bitcoin, that still wouldn't beat gold market cap. For bitcoin to pass gold, we would need a bit over 800k per bitcoin. Which, we can easily say, won't happen anytime soon. Obviously I am not saying that it will never happen, we "may" see that happen one day, just not right now.

[philipma1957]

Gold will hang on for quite a while.

Bitcoin can be attacked  in many ways makes it not quite ideal. Gold is a bit more stable harder to attack.

[pieppiep]

Gold will hang on for quite a while.

Bitcoin can be attacked  in many ways makes it not quite ideal. Gold is a bit more stable harder to attack.

It seems very easy to attack like that but we have to see the technology and support that Bitcoin has will not let the price of Bitcoin fall easily. As we see now the price of Bitcoin is unlikely to return to $ 20k again because of the influence of Bitcoin's very strong support. Unlike Gold support which tends to have a stable price.

[Jamal Aezaz]

I can't imagine if the price of Bitcoin reaches $ 720k it takes a long time to achieve it. And we should focus on investing in Bitcoin without comparing with gold, as you said both are different and have each lovers. Maybe in the future Bitcoin and other Crypto Currency will replace gold but not in the near future. Because there are still many people who do not understand Bitcoin technology.

We should not waste our time in comparing these two investment sources because in this time we can get knowledge about any one of these and can continue our investment. I think it is useless to say bad about any of these because every individual has his own choice and we should invest about our own choices instead of making a comparison between them.

Both are important and both are beneficial but if we talk about the replacement that I don't think that Bitcoin will ever replace gold as many individuals are still interested in it and the demand for gold is higher as compared to Bitcoin and the reason is that gold is known by everyone while Bitcoin is an unknown currency for most individuals especially old generations who do not believe easily in Bitcoin investment.

[KryptoBull]

We should not waste our time in comparing these two investment sources because in this time we can get knowledge about any one of these and can continue our investment. I think it is useless to say bad about any of these because every individual has his own choice and we should invest about our own choices instead of making a comparison between them.

Both are important and both are beneficial but if we talk about the replacement that I don't think that Bitcoin will ever replace gold as many individuals are still interested in it and the demand for gold is higher as compared to Bitcoin and the reason is that gold is known by everyone while Bitcoin is an unknown currency for most individuals especially old generations who do not believe easily in Bitcoin investment.

Gold has always been a valuable asset on a global scale, but BTC has been growing impressively for over a decade and is considered Gold 2.0 or Digital Gold. I believe that with increasing adoption and changes in the age demographic, the older generation who favors Gold will soon transfer their assets to their children and grandchildren, who love and believe in BTC futute. This influx of capital could flow into the BTC market, pushing BTC prices to new heights.

Of course, I don't dare say that BTC marketcap will soon catch up with Gold marketcap, but I believe BTC will achieve that within a few more seasons, until everyone knows about and trusts the value of BTC.

[dekafee79]

We should not waste our time in comparing these two investment sources because in this time we can get knowledge about any one of these and can continue our investment. I think it is useless to say bad about any of these because every individual has his own choice and we should invest about our own choices instead of making a comparison between them.

Both are important and both are beneficial but if we talk about the replacement that I don't think that Bitcoin will ever replace gold as many individuals are still interested in it and the demand for gold is higher as compared to Bitcoin and the reason is that gold is known by everyone while Bitcoin is an unknown currency for most individuals especially old generations who do not believe easily in Bitcoin investment.

Gold has always been a valuable asset on a global scale, but BTC has been growing impressively for over a decade and is considered Gold 2.0 or Digital Gold. I believe that with increasing adoption and changes in the age demographic, the older generation who favors Gold will soon transfer their assets to their children and grandchildren, who love and believe in BTC futute. This influx of capital could flow into the BTC market, pushing BTC prices to new heights.

Of course, I don't dare say that BTC marketcap will soon catch up with Gold marketcap, but I believe BTC will achieve that within a few more seasons, until everyone knows about and trusts the value of BTC.

It is likely that this will happen, the younger generation will prefer bitcoin to gold, because bitcoin is more profitable and easier to transact. The convenience offered by bitcoin and altcoin will make people prefer to invest in crypto in the future, this will be a big change. maybe many people still like to invest in gold today, but everything can change in the future.

[KryptoBull]

It is likely that this will happen, the younger generation will prefer bitcoin to gold, because bitcoin is more profitable and easier to transact. The convenience offered by bitcoin and altcoin will make people prefer to invest in crypto in the future, this will be a big change. maybe many people still like to invest in gold today, but everything can change in the future.

My parents and grandparents have always trusted gold. In fact, they were able to use gold to buy houses or motorcycles a few decades ago. However, my friends and I don't choose gold as a way to accumulate wealth. We only buy gold for weddings, not for long-term holding and waiting for its price to increase.

Compared to gold, BTC has performed better in the past decade. Additionally, buying and holding BTC is much easier, without the need to register personal information or visit state banks. This is truly a revolution in investing, even though we all understand the high volatility of the crypto market. I think in about 20-30 years, when assets are transferred from the old to the young, we will see a huge influx of capital into BTC, bringing BTC closer to gold in terms of marketcap.

[dekafee79]

It is likely that this will happen, the younger generation will prefer bitcoin to gold, because bitcoin is more profitable and easier to transact. The convenience offered by bitcoin and altcoin will make people prefer to invest in crypto in the future, this will be a big change. maybe many people still like to invest in gold today, but everything can change in the future.

My parents and grandparents have always trusted gold. In fact, they were able to use gold to buy houses or motorcycles a few decades ago. However, my friends and I don't choose gold as a way to accumulate wealth. We only buy gold for weddings, not for long-term holding and waiting for its price to increase.

Compared to gold, BTC has performed better in the past decade. Additionally, buying and holding BTC is much easier, without the need to register personal information or visit state banks. This is truly a revolution in investing, even though we all understand the high volatility of the crypto market. I think in about 20-30 years, when assets are transferred from the old to the young, we will see a huge influx of capital into BTC, bringing BTC closer to gold in terms of marketcap.

There will be a shift from gold lovers to bitcoin lovers in the future. because generations will change and we will see all that happen in the future. Currently, many gold lovers are starting to invest their funds in crypto, especially Bitcoin. And possibly in another 20 years, we will see crypto lovers dominate.

[KryptoBull]

There will be a shift from gold lovers to bitcoin lovers in the future. because generations will change and we will see all that happen in the future. Currently, many gold lovers are starting to invest their funds in crypto, especially Bitcoin. And possibly in another 20 years, we will see crypto lovers dominate.

I've been really looking forward to this and the good news is we're seeing significant shifts: El Salvador is mining and holding BTC, the US could potentially hold 1M BTC in the future, many investment funds now have BTC & ETH spot ETFs... For the younger generation, BTC is becoming a more attractive investment asset than gold.

I hope that widespread adoption of BTC in the economy can help BTC price grow rapidly and reach gold marketcap in the next 10-20 years. I can't imagine the global economic and social landscape when this happens.

[Dr.Bitcoin_Strange]

Well I believe Bitcoin will even pass Gold it will only take time but it will happen, a lot of people are now going into Bitcoin investment and Bitcoin is really growing very well, Gold has been in existence for thousands of years and since gold is something wealth people use to let people know how rich they are.
If you check the history of Bitcoin you will know that truly Bitcoin is growing very fast and will lead very soon.
The old people have trust in gold some don't even know how Bitcoin works and they keep investing on Gold the only reason gold is doing well than Bitcoin now is because it has been in existence for thousands of years and everybody trust investing on it, they believe the value of Bitcoin will be Same unlike Bitcoin that goes up and down.

Another reason you see Bitcoin not catching up with gold is because some countries till date has made Bitcoin investment illegal and and if caught will be arrested and prosecuted,so this has made it hard for Bitcoin to grow but gold is something that every country accept and is even a source of income for some country they mine it and is with with high regard.
If only Bitcoin will be accepted and made legal in all countries of the world then it will pass.

[KryptoBull]

Well I believe Bitcoin will even pass Gold it will only take time but it will happen, a lot of people are now going into Bitcoin investment and Bitcoin is really growing very well, Gold has been in existence for thousands of years and since gold is something wealth people use to let people know how rich they are.
If you check the history of Bitcoin you will know that truly Bitcoin is growing very fast and will lead very soon.
The old people have trust in gold some don't even know how Bitcoin works and they keep investing on Gold the only reason gold is doing well than Bitcoin now is because it has been in existence for thousands of years and everybody trust investing on it, they believe the value of Bitcoin will be Same unlike Bitcoin that goes up and down.

Another reason you see Bitcoin not catching up with gold is because some countries till date has made Bitcoin investment illegal and and if caught will be arrested and prosecuted,so this has made it hard for Bitcoin to grow but gold is something that every country accept and is even a source of income for some country they mine it and is with with high regard.
If only Bitcoin will be accepted and made legal in all countries of the world then it will pass.

I share the same expectations: with its attractiveness, BTC has the full potential to surpass gold in market cap, the only question is when. My expectation for BTC is that it can be widely accepted like gold on a global scale, while outperforming gold thanks to its high liquidity and convenience in trading.

Currently, BTC is still very small compared to gold, but it's growing rapidly. I think BTC still has plenty of time, perhaps a few cycles, to achieve its goal of reaching the gold market cap.