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Author Topic: Bitcoin surpasses gold  (Read 189 times)
Kong Hey Pakboy
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August 20, 2021, 09:39:33 AM
 #21

Didn't bitcoin already passed through the gold in terms of marketcap? I think that the bitcoin's next adversity is the biggest companies in the world like Amazon, Saudi Aramco and Tencent. Hopefully, I get to see that time when bitcoin goes up to a million and when that time comes, I hope to have a lot of bitcoin so I can profit from it's growth.

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August 20, 2021, 10:53:58 AM
 #22

bitcoin surpasses gold,? if it is said that bitcoin exceeds gold, it makes a lot of sense, because bitcoin is an asset of the future, because the price of bitcoin can be said to be very tempting, even though there is a risk of a drastic decline, but if the price increases, it can increase three times, the trend of rising world gold prices still continues while the price of bitcoin is still lying and struggling to rise. The decline in the price of crypto assets is one of the triggers for the increase in the price of precious metals to near the highest level in the last 5 months.
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August 20, 2021, 10:59:14 AM
 #23

Scott Malekner, the leading cryptocurrency market trader, believes that the price of Bitcoin "will cross the $1 million over the next 10 to 20 years" and that its market value will surpass the value of the gold market. Of course, Malekner noted that this situation is only possible if the U.S. Stock Exchange authorizes the launch of tradable funds. The move paves the way for institutions and investors to access Bitcoin, and as a result, Bitcoin can leave gold behind, he added.

Not really that fan on comparing a natural mineral of this world into something which had been created by man or simply been composed of codes.I dont see the point on why there are really
some people whom do really love to make out some comparison or making out some competition between these two things considering that they do really serve out different market.
Surpasses or not but still Gold would exist no matter what but for Bitcoin? We wouldnt know on how long it would really be existing.
Lets just cherish out its total relevance and utility for the meantime.

R


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August 20, 2021, 11:01:15 AM
 #24

Indeed, it is possible that in the future Bitcoin can reach $ 1 million, but we are also not too sure about gold that will just be left behind and as if it has no value anymore. Gold is indeed relatively stable, is it a big milestone for us to continue to show that the US can be more pro to crypto with all its systems that are still like this?

It might surpass gold in the future but we cannot be sure that gold will lose its value when that time comes. I personally believe when bitcoins become a global trend and create another non-stop ATH, the value of gold will dramatically subside because people will dump their gold to invest in bitcoins. Nevertheless, the era of cryptocurrency will officially be taken over the economy by that time and those who didn't invest in it will regret it big time when that happened.

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August 20, 2021, 08:19:16 PM
 #25

the more people who adopt it will certainly increase the price of bitcoin. especially if most countries legalize bitcoin, then I think bitcoin can easily surpass gold
I can't say that Bitcoin will easily surpass Gold, but surely it is possible to surpass Bitcoin. Although no guarantee that the Bitcoin value can be higher once most countries legalize Bitcoin, the chance of Bitcoin to have higher value will be bigger. You can imagine if there will be much positive news on social media every day, it probably triggers the massive increase in Bitcoin price.


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