Bitcoin Ahead of Gold (forget the media)

[X-ray]

Although I'm more of a bitcoin guy than a gold hoarder, there are just some points I don't agree. Gold's recent fall that amounts to 3x of bitcoin's market cap is like comparing apple to orange. In this case you should compare the percentage of the fall not from the market cap value.

Second, gold is decentralized as an asset, it allows you self custody the same way you can self custody with bitcoin and nobody is there to freeze your gold if you are doing self custody.

If we are looking at long term chart, bitcoin actually has more capital gain and I agree on that. Regarding your other points, I think you're being too skeptic and pretty unfair.

But one thing I know is that, even though gold might be outperforming majority of investment instrument, it's more of a FOMO than organic rise, I don't believe gold rise represent inflation anymore at this point and more of a bullish season. Soon enough bitcoin be a choice of investment when gold falls due to correction.

[Danica22]

Actually for the past 24hrs the bitcoin market really witnessed an insignificant fall where it dropped to around $76k and currently trading at $78k, which there are possibility for the price to increase above that. The sudden dump within the two asset was like a surprise to me, although for bitcoin It is a normal market volatility as I have not seen how faster Gold could dump as well because mostly they usually says that Gold is more stable than Bitcoin but seeing it dump this way shows there even Gold can't be trusted and reliable anymore. Instead it would be more better to focused and channel most of our efforts to Bitcoin than buying Gold.

As you mentioned, gold is known to be a relatively stable asset. However, this year we have witnessed a dramatic surge in gold prices, increasing by 70-80% in just one year. This rarely happen with gold, but it is not surprising since everything is proportional. If it can spike, it can also fall sharply

That does not mean gold is no longer reliable, but rather that we have misunderstood Bitcoin all along, calling it a risky and highly volatile asset.
Perhap it is time we reassess gold and Bitcoin, and categorize them as the same asset class.

[Smartprofit]

Unfortunately, in finance, you can't simply make a thesis and win. It's not a debate, not an argument between two people. In financial matters, the winner is the one who makes a profit. Or, at least, doesn't suffer a loss.🦸

We don't know why, amid the current geopolitical uncertainty, gold and silver prices have risen while Bitcoin hasn't. Some experts suggest that Bitcoin's price is being artificially held down by institutional investors. However, if this is true, does that mean Bitcoin isn't such a decentralized asset? If its price can be so easily manipulated?

In my opinion, Bitcoin has certain competitive advantages over gold. However, institutional players are doing everything they can to neutralize this competitive advantage.

For example, many crypto enthusiasts rejoice when Michael Saylor buys Bitcoin.  They rejoice when he says he'll buy up all the Bitcoin on the market and remove it completely from circulation. However, from an asset decentralization perspective, this is a disaster! Personally, I don't know what will happen to Bitcoin in the near future... I also don't know what will happen to gold in the near future... But, in my opinion, at this stage, it's impossible to definitively say that Bitcoin has more potential than gold. We are in the middle of chaos.

[BlockSyntaxs]

Unfortunately, in finance, you can't simply make a thesis and win. It's not a debate, not an argument between two people. In financial matters, the winner is the one who makes a profit. Or, at least, doesn't suffer a loss.🦸

We don't know why, amid the current geopolitical uncertainty, gold and silver prices have risen while Bitcoin hasn't. Some experts suggest that Bitcoin's price is being artificially held down by institutional investors. However, if this is true, does that mean Bitcoin isn't such a decentralized asset? If its price can be so easily manipulated?

In my opinion, Bitcoin has certain competitive advantages over gold. However, institutional players are doing everything they can to neutralize this competitive advantage.

For example, many crypto enthusiasts rejoice when Michael Saylor buys Bitcoin.  They rejoice when he says he'll buy up all the Bitcoin on the market and remove it completely from circulation. However, from an asset decentralization perspective, this is a disaster! Personally, I don't know what will happen to Bitcoin in the near future... I also don't know what will happen to gold in the near future... But, in my opinion, at this stage, it's impossible to definitively say that Bitcoin has more potential than gold. We are in the middle of chaos.

In finance, truth is not determined by the best arguments, but by results. When gold and silver rise amid geopolitical uncertainty while Bitcoin stagnates or weakens, that is a market fact that should be accepted, not ideologically disputed. Claims that Bitcoin is artificially suppressed by institutions are common, but if such pressure is truly effective, then the assumption of price decentralization is questionable. Network decentralization does not automatically mean market decentralization. Concentrated ownership and the dominance of liquidity by large players can create price distortions without violating the protocol. On the other hand, gold has faced institutional manipulation for decades yet remains a viable hedge. In the current chaotic environment, being agnostic about outcomes and acknowledging uncertainty is the most rational position.

[Swordsoffreedom]

We don't know why, amid the current geopolitical uncertainty, gold and silver prices have risen while Bitcoin hasn't. Some experts suggest that Bitcoin's price is being artificially held down by institutional investors. However, if this is true, does that mean Bitcoin isn't such a decentralized asset? If its price can be so easily manipulated?

I simply think that because Bitcoin is still considered a risky asset, and in a geopolitically unstable world like today, assets considered safe havens will alway be preferred. Therefore, it is entirely understandable that cash flows temporarily shift to gold

Regarding the decentralized nature of Bitcoin. We need to understand that only its network is decentralized, nobody is saying that the price of Bitcoin is also decentralized. The price of Bitcoin depend largely on the flow of money, and that flow is primarily controlled by large institutions. Therefore, the fact that they can manipulate Bitcoin price is normal, and this has nothing to do with the Bitcoin network

[Lucius]

The never ending Gold versus Bitcoin debate seems to die only for it to be revived almost immediately again soon after.

You can not really compare the two.  Even if Bitcoin gets to replace its Market Cap, this only means monetary value.  Gold still has its physical properties that Bitcoin can not replicate and Bitcoin allows a financial Freedom that Gold can not replicate either.  There are differences, some times I feel like people compare these two only because their color is gold for both.
~snip~

It has nothing to do with color or anything logical, it's just that people always make comparisons, and I guess gold is the closest thing most people can compare Bitcoin to. It never made sense to me (it doesn't even today), because if we just take into account that there is practically unlimited amounts of gold (if we take into account the possible deposits in the universe) with the fact that Bitcoin has a known max supply that will practically be mined in about 5 years (99%).

On the other hand, it's better to make comparisons with gold than with tulips, right?

[Patikno]

This is for Bitcoin.
The initial fall landed the market at $87,000 before the correction made its way and rose back to $90,000, then came the second fall, which we found the market fallen to $81,000 and corrected to $84,000, which is a big opportunity to buy the dip and hold.

Bitcoin will always remain the first priority as an asset of investment because it leads and others follow. You can't compare a centralized asset (Gold) to a decentralized one (Bitcoin) and expect Bitcoin to lead and in the years to come, not to have achieved even more.

Any investment asset will inevitably experience a decline in value at some point. Gold and Bitcoin will also experience this, and market movements are determined by many factors, whether due to specific events that cause a decline or an increase. Historically, gold existed long before Bitcoin, making it more widely known and trusted. However, performance-wise, Bitcoin clearly holds the upper hand. We can see Bitcoin growth from its inception to the present, and I believe Bitcoin has clearly experienced significantly better growth than gold during its early years.

In terms of utility, Bitcoin and gold both have uses in the real world and the digital world, and I believe its use as a safe haven has begun to be implemented in several countries, which have designated it as a national strategic reserve, similar to gold. So, I think both are excellent investments, especially over the long term. However, my main focus is on the very limited supply of Bitcoin compared to gold. I believe Bitcoin is a very good choice for a long-term investment compared to gold (from the profit side), and Bitcoin performance over time can be a reference for that.

[Xxmodded]

I am more skeptical about how people overrate gold as if it were the most valuable asset currently in the world. However, we can't deny the fact of its consistent all-time high, and this has become perpetual, then comes the news yesterday that Bitcoin has been placed as the 11th most valuable asset, with gold being the lead.

The first news
https://x.com/i/status/2017198827913060822


Later, we hear that gold also plummets immediately when the bitcoin market falls, affecting every other asset, and here's what we can see from gold performance, even though the reason for the fall of markets to that extent could not be well defined, even as of the time of writing this post.

The second news



The Third News



Gold fall in about ~3x of Bitcoin market capitalization.


This is for Bitcoin.
The initial fall landed the market at $87,000 before the correction made its way and rose back to $90,000, then came the second fall, which we found the market fallen to $81,000 and corrected to $84,000, which is a big opportunity to buy the dip and hold.

Bitcoin will always remain the first priority as an asset of investment because it leads and others follow. You can't compare a centralized asset (Gold) to a decentralized one (Bitcoin) and expect Bitcoin to lead and in the years to come, not to have achieved even more.
[/quote
gold and Bitcoin are two very different asset although people compare the value and how much they will rise and fall. i feel like many others in times of uncertainty that gold if always going to be a long term safter choice even if Bitcoin is more valuable.  especially in time where globally there is so much uncertainty hanging over us. so even if Bitcoin will be ahead of gold i fear people see it as safter overall.