Bitcoin still bigger in 2019 from all other Commodities

[DreamStage]

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%

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[johant123]

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).

[Wysi]

We often tend to missout of long term vision as we just look at the recent market situations but don't consider the overall view. The reason whys till people cry about bearish market is for the fact that they have invested into bitcoin when it was at peak at the end of 2017, bitcoin is yet to touch that mark again. Overall it would be a good growth for bitcoin last year but when we think from 2017 investor's point of view they are still at loss as they invested in hurry without any proper knowledge under FOMO.

[Eugenar]

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).

Any thing, a decline or a bull trend could happen in this year 2020, basically some says the past could influence the market price but with the latest bitcoin halving that will occur, we are still uncertain what could be the price of bitcoin could be. But one thing I am sure of, is that, for the past years, bitcoin is becoming the best investment platform in terms of ROI or the return of investment it could give from its investors even if they are newbies or not.

[danherbias07]

True!

Thank you for bringing that out.
It seems like others are forgetting about that and all they do was scatter FUD that bitcoin is still not in a good spot.
Greedy people does that.
They want 50k, 100k and even 1 million USD in exchange for 1 bitcoin.
It ain't right and should not happen that fast.
The slow movement is still what I prefer so that there will be a real reason behind it and not just an imaginary number.

[Vision2020s]

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.

[bitcampaign]

that's because many people are short-term traders so they don't recalculate, always shouting at the bear market that is saturated and the bloody market, even though in 2019 at the beginning to the end, since the beginning of 2019 the price of $ 3000 has reached $ 7000 now has got 100% profit, at early 2020 the price of bitcoin will start as low as $ 7,000, everyone must stop screaming bitcoin to death, try investing long term in a year starting from the beginning of this year, bitcoin doesn't always go up all the time, sometimes it has to go down in a while, please remember that your little traders are like whining kids

[red4slash]

with the data attached we can see that bitcoin is still a good investment in 2019 although the pump does not have much impact on altcoin. but with that data we can see that bitcoin still has the trust of users who invest, and hopefully this year bitcoin still has good trust to be invested by investors

[sunsilk]

It can't be denied that bitcoin's recovery on 2019 was amazing than any other commodities but I've come to realized that we can't compare it to gold. Tangible and intangible investment that are almost near to what most investors like but that's it. Bitcoin is bitcoin and gold is gold.

We're in the new year where bitcoin's popularity might increase due to the recovery it has done last year. And we're already thinking of the possibilities what might happen by halving, we might or we might not surpass the 2019's good run made by bitcoin, I have excluded 2017.

[Darker45]

This is not to burst our bubble but Bitcoin has the highest return this year primarily because we were near bottom when the year started. We need to remember that the price of Bitcoin when 2019 started was only around $3,700. That was very low and it could not get much much lower than that. When it's at the bottom, there is no other way but up.

[znation]

Perhaps Bitcoin is traded and invested quickly and conveniently in both space and time, the higher the profit level than other commodities, the higher profitability is visible, other goods are dominated. by many areas like shipping costs, consumer demand. in 2020 when bitcoin halves in terms of having it, it could go much higher.

[tsaroz]

Bitcoin was just 3.7K in January 2019 and had a growth of 100% by one year.
Bitcoin has always been priced low at the end of the year and has always increased in mid year. It reached $12K in July 2019. i.e. more than 350% profit from January in just 7 months.

[audaciousbeing]

This is a good news though. 2019 in retrospect came with lots of challenges as it applies to the crypto world with a lot of hopes dashed and all sorts of prediction and conjectures put to shame concerning the price of bitcoin. It also to a large extent was able to retain the consistent guys which is why the volatility was not seriously sharp across the year. In all it shows that in all of the investment commodities, bitcoin still maintained the top position. As we continue year 2020, there is still more to look out for and more to expect. Brace up people.

[luckyflop]

It would be lame if you compared Bitcoin to gold. The growth of bitcoin is more than gold because the total capitalization of Bitcoin is very small compared to gold and other markets. Also this market and bitcoin are controlled by whales and they can make the price go up as much as they want.

[Eternad]

Nice,  we can't deny how bitcoin perform this year after the huge dump in 2018,we see how bitcoin tries to sustain it's price. There were time that the prices stays in that range in a month trying not to be break any resistance unlike in 2018 that it falls too law in every minute. Adoption and use of bitcoin is still improving despite of all the dump it experience since it really came from a too high price last 2017.

[romero121]

Though there is no big growth as expected, what's been reached by bitcoin is simply higher than rest of the commodities and other investments. People who invested by the starting months of the year were the one to get big yield out of the bitcoin investment. This year probably will give much big return on the investment, particularly halving is the one giving hope for the year 2020.

[CarnagexD]

True!

Thank you for bringing that out.
It seems like others are forgetting about that and all they do was scatter FUD that bitcoin is still not in a good spot.
Greedy people does that.

Well I guess some are spreading FUD for their own benefit, bitcoin has been sitting for a decade now and people already know a lot about these FUD, luckily they don't give a damn about it.

They want 50k, 100k and even 1 million USD in exchange for 1 bitcoin.
It ain't right and should not happen that fast.
The slow movement is still what I prefer so that there will be a real reason behind it and not just an imaginary number.

haha we still have people whose optimism level is unreachable, prediction from $50K to $1m is exaggerated given that the supply is limited and I'm sure that won't happen until the last bitcoin is mined. As bitcoin is at the top, the more it is intriguing and eye-soring to people who has a business and connection to the government.

[Edraket31]

It would be lame if you compared Bitcoin to gold. The growth of bitcoin is more than gold because the total capitalization of Bitcoin is very small compared to gold and other markets. Also this market and bitcoin are controlled by whales and they can make the price go up as much as they want.

Agree and we can see it in the data and analysis from the financial groups and they have seen and we are all agree with it that Bitcoin brought a big chances and high returns over the decade compare to gold and any other type of investments. So for me, still it is worth it to buy Bitcoin rather than gold or better if you don't want to risk all, better to invest both.

[buwaytress]

I'm big on Bitcoin, guys, but let's face it. How many of us here actually have any commodity holdings of gold, coffee, sugar, etc. Or any inkling of how we might get our hands on any?

I think an investor may very well want to compare commodities but it's a bit unfair on the others to compare. We might as well compare oranges, peppers, and all manner of actual physical commodities traded by merchants. Bitcoin isn't even traded to be consumed, so maybe let's make more relevant comparisons?

[BrewMaster]

first of all from the start of the year's price that was $3200 to the end of the year price which was around $7300 is a ~130% rise not 100% since your other numbers are accurate to 1% this also needs to be accurate.

secondly bitcoin is not a commodity even if some government say so. it is a currency and it shouldn't really be compared with commodities.
of course i don't think you'd care. you are just filling your website with clickbaits