Bitcoin still bigger in 2019 from all other Commodities

[Wintersoldier]

The superiority of Bitcoin's profitability over all other precious metals and commodities can be explained by the fact that the cryptocurrency market is still very young and has a relatively small capitalization. As a result, the volatility of Bitcoin is strongly influenced by news, as well as both positive and negative actions of regulators in different countries.

As a whole, they are all investment platforms where people could gain profits into, but to be aligned mostly to some metals, I think bitcoin do really have a very different aspect how it performs in the market. And probably, the most likely it could be compared and contrasted should be with the stock market. In which both are digital, and with a huge similarity when it comes to strategies we need to implement to gain profit. In my experience, if we have certain knowledge in investing on stock, indeed, this knowledge is somehow applicable to analyzing market graphs in cryptocurrency.

[lixer]

2019 was indeed a very good year for Bitcoin, but some people really don’t know that.

The increase is far much ahead of what Gold was able to achieve , just that some noobs who invest when price is already at itsapex for the year, they just want it to keep going up so that they can keep making money until they have become rich overnight. They just see Bitcoin as a means for getting rich quick, and when they happen to be unfortunate they start whining in the forum about BTC being a scam and not increasing in price. They forgot that Bitcoin went from $3000 to $13000 last year.

[isaac_clarke22]

I read an article some days ago from CNN saying since bitcoin establishments in 2009 it has been the best Investment asset and the best in the last decade. So 2019 has to be no different, we focus on highs of bitcoin without observing the lows. Assuming we were paying attention to the lows we'll understand bitcoin has always been profitable year in year out. The volatile of bitcoin is what make it profitable, it can be low today but in matter of minutes give you 10-30% return of investment and matter of days give you 100% ROI, that's something most assets can't boost off.

Well if we put it in a big picture, it's like Bitcoin only moves up generally. Every year the price just goes up, and it is the only commodity I am aware of that increases rapidly unlike the mentioned commodities by the OP which is due to inflation as well as the demand plus it is regulated by the government anyway in the end.
I've read this page in Wikipedia about the price each year of Bitcoin: https://en.wikipedia.org/wiki/History_of_bitcoin#Prices_and_value_history
Observe that even if it went from 31 USD to 2 USD the same year of 2011, it still managed to bounce back still.

[coinfinger]

The superiority of Bitcoin's profitability over all other precious metals and commodities can be explained by the fact that the cryptocurrency market is still very young and has a relatively small capitalization. As a result, the volatility of Bitcoin is strongly influenced by news, as well as both positive and negative actions of regulators in different countries.

in its age bitcoin is still said to be the investment that has the youngest age compared to other metals and minerals. but with this young age bitcoin provides potential and price movements that are quite good compared to other investments. Even though the risk is high, investors who choose to invest in bitcoin are also quite a lot, and certainly every year will provide an increase in the number of investors.

The number of investors is always in the ascending manner if we compare from the year 2010 and that is actually what is driving the price of bitcoins higher and higher. We all know the price of each cryptocurrency, including bitcoin depends on the demand and supply factor.

Supply is constant but demand keeps on rising which drives the price for bitcoins on the all time high peak each time. Investors would never lose their faith in bitcoins no matter how hard dump it takes, investors would utilize that dump to buy again and it would again drive the price upwards keeping bitcoins again on the top list as stated by OP.

[wxxyrqa]

2019 was indeed a very good year for Bitcoin, but some people really don’t know that.

The increase is far much ahead of what Gold was able to achieve , just that some noobs who invest when price is already at itsapex for the year, they just want it to keep going up so that they can keep making money until they have become rich overnight. They just see Bitcoin as a means for getting rich quick, and when they happen to be unfortunate they start whining in the forum about BTC being a scam and not increasing in price. They forgot that Bitcoin went from $3000 to $13000 last year.

I completely agree with your opinion that few people know about the prices of Bitcoin and about changes in the cryptocurrency market besides the cryptocurrency user community.  Although information about cryptocurrencies is constantly being heard in the media, few people turn to it from ordinary people.  Nevertheless, I want to really pay attention to the opportunities that were provided at the beginning of 2019, when Bitcoin increased in price by almost 5 times and this was a great opportunity for many cryptocurrency users who invested their money in Bitcoin at the end of 2018.

[gundala]

2019 was indeed a very good year for Bitcoin, but some people really don’t know that.

The increase is far much ahead of what Gold was able to achieve , just that some noobs who invest when price is already at itsapex for the year, they just want it to keep going up so that they can keep making money until they have become rich overnight. They just see Bitcoin as a means for getting rich quick, and when they happen to be unfortunate they start whining in the forum about BTC being a scam and not increasing in price. They forgot that Bitcoin went from $3000 to $13000 last year.

Yes, that is true because most people compare it with prices in 2017. Even though if we look more specifically, the price increase in 2019 as a whole has good progress, and for those who succeed in predicting this with the analysis, they will definitely get a profit. and for those who want quick wealth without having sufficient knowledge in the cryptocurrency ecosystem, they will only get losses and excessive expectations will make them hurt. As you explained, they will say a scam.
Bitcoin is indeed a high-value commodity, but on the other hand, it has high volatility as well so the risk is also high. So it needs analysis to determine when the right position to buy and sell or hold.

[crzy]

2019 is a full of challenges and yet bitcoin was still able to end it on top, because of this I’m so excited for bitcoin this year because i know it will continue to grow. There are times that I hate bitcoin when it dump that much, but since then I realized that I have to buy even if there’s a panic, bitcoin is the best and it will still place on top this year.

[vicoma]

The innovation behind Bitcoin will make it outperformed other commodities not only at this present moment but for long. There is nothing compared to having the financial freedom to return back to you in a secure and immutable environment.

[meanwords]

It's a good thing that Bitcoin had that kind of return but let's all remember what happened in 2018. Because of that event, almost all of us are able to buy at a good price which then led us to this return. Let's also not forget that Bitcoin is the most volatile of them all which beat almost all the market in the world. Though it's an impressive number, we are still far from all-time high.

[rodskee]

Indeed! All the people who complain about a bear market seem to forget that we made about 100% last year! If that's a bear market in crypto, then I wonder how we'd call it if BTC only appreciates 20% this year 😉 If my stocks did that this year, I would be a happy man!

Looks like many beginners expect a continuous bull run, instead of a YoY climb (or decline, also possible of course).

forget the complaining because they are not here to support Bitcoin but only to profit so what can we expect from them?the important thing here now is what the status of bitcoin in the world economy and how this are improving years after years.they dont even give credit if the Bitcoin is in Bull market but cries when Bear is there.just let them cry and we as Supporters stays Holding and circulating Bitcoin ,from gambling materials to Payments.

[drlukacs]

yep, this is normal because its value is not controlled.  As for bitcoin, it is a digital asset and is traded in many unregulated decentralized exchanges.  That's why sharks prefer to manipulate the price of Btc to make more profit and inadvertently make it grow stronger than other types of assets.

[Wintersoldier]

yep, this is normal because its value is not controlled.  As for bitcoin, it is a digital asset and is traded in many unregulated decentralized exchanges.  That's why sharks prefer to manipulate the price of Btc to make more profit and inadvertently make it grow stronger than other types of assets.

It is quite ironic to infer that bictoins value isn't controlled but its market price could be manipulated. Or what is more important is to close both of these to the term volatility.That is mainly because bitcoin serves as an investment compared to other cryotos, that is why when people saw it in the market, it always standout but in fact, bitcoin isn't the crypto supposed to be for daily transactions. The reason why I can see bitcoin better than altcoin is because of its price, but if we are to consider more features, I'm sure othe raltcoin can deliver better than bitcoin.

[Boov]

yep, this is normal because its value is not controlled.  As for bitcoin, it is a digital asset and is traded in many unregulated decentralized exchanges.  That's why sharks prefer to manipulate the price of Btc to make more profit and inadvertently make it grow stronger than other types of assets.

It is quite ironic to infer that bictoins value isn't controlled but its market price could be manipulated. Or what is more important is to close both of these to the term volatility.That is mainly because bitcoin serves as an investment compared to other cryotos, that is why when people saw it in the market, it always standout but in fact, bitcoin isn't the crypto supposed to be for daily transactions. The reason why I can see bitcoin better than altcoin is because of its price, but if we are to consider more features, I'm sure othe raltcoin can deliver better than bitcoin.

May have tried to beat the bitcoin as a number one cryptocurrency at all times but nobody succeed. The other countries luched and made their own cryptocurrency as their national virtual currency and also to beat the bitcoin but still they are unfortunate. Bitcoin is the most famous and efficient coin at all times even if its price is volatile.

[ttcsalam]

The beginning of the year made Bitcoin much better than 2019. This is true but it does not mean that it will go well throughout the year. However, everyone hopes that the plaintiffs spend a good year. Because it depends on all the coins and the whole market.

[Soots]

yep, this is normal because its value is not controlled.  As for bitcoin, it is a digital asset and is traded in many unregulated decentralized exchanges.  That's why sharks prefer to manipulate the price of Btc to make more profit and inadvertently make it grow stronger than other types of assets.

Typically, the whales can go over investing and risking their money due to huge funds that they've been holding for years. Money isn't the serious issues for but rather how to strategize the market situation. Many times they tried to create more hypes but didn't effect as the ways they desire to do it aggressively.

[BlackFor3st]

As we close out 2019, Bitcoin has come out on top compared to all other commodities once again. It brought the highest returns this year by far.

Bitcoin’s returns in 2019 trumps all other commodities. The leading cryptocurrency brought in returns almost double that of the second-best performing commodity this year.

• Bitcoin: +100%
• Palladium: +57%
• Gasoline: +34%
• Coffee: +30%
• Lumber: +27%
• Platinum: +19%
• Gold: +18%
• Silver: +15%
• Sugar: +13%
• Wheat: +11%

Full Source here

Despite of all the ups and downs we had this year so far, it really looks good so far in terms of economic growth.

Probabily it will grow even more after upcoming halving and more new investors and countries will most likely start their way into such investment option.

This just show us who's the boss when comparing Gold with Bitcoin considering Gold being only +18%

It is a positive output that we are going in a right road as bitcoin continues to dominate the other commodities and as time passes by bitcoin became more and more popular.

This year there is a big chance that bitcoin will reach a new ATH especially if after the halving the demand of bitcoin will continue to grow and it's dominance over other currencies will also goes up.

[slashz9]

it depends on what you are comparing in terms of if indeed the price increases, maybe you are right because the price in the crypto market is very volatile you buy today and can already benefit tomorrow.
but if in terms of trust and interest, gold and other commodities are still much higher in demand, so i think all is balance.

[darkangel11]

it depends on what you are comparing in terms of if indeed the price increases, maybe you are right because the price in the crypto market is very volatile you buy today and can already benefit tomorrow.
but if in terms of trust and interest, gold and other commodities are still much higher in demand, so i think all is balance.

Gold has a bigger market because it has been around for ages and used as a tradable asset for 50 years. Bitcoin was invented 10 years ago and there was almost no markets in the beginning so the real history of tradable Bitcoin is much shorter. It's really hard to compare an asset traded for the last 50 years with one that's been available for trading for a small fraction of that time.

[kecha1]

In 2020, we expect the same thing. It is unlikely that anything will change.

[supercanada1]

yep, this is normal because its value is not controlled.  As for bitcoin, it is a digital asset and is traded in many unregulated decentralized exchanges.  That's why sharks prefer to manipulate the price of Btc to make more profit and inadvertently make it grow stronger than other types of assets.

Typically, the whales can go over investing and risking their money due to huge funds that they've been holding for years. Money isn't the serious issues for but rather how to strategize the market situation. Many times they tried to create more hypes but didn't effect as the ways they desire to do it aggressively.

As whales are the biggest investors in the market that is why they can manipulate the whole market in the way they want to. I support your idea of making good strategies, by making god strategies for our business we can control the downfalls also. You can bring it under your control by setting a good method having a backup plan and a key with you. It is very stable and will gain more stability, also you should prepare your mind for risks because they are the part of every business.