[Fun time again] Bitcoin or Gold?

[HONDACD125]

We all know that Bitcoin is known for its crazy volatile movements because we have seen them happening in the past, so there is obviously no doubt that Bitcoin has a higher probability of getting 2x of its current value before Gold, because we know that Gold is known for being a quite stable investment asset, which means that when you invest in it, you know that it's going to go up eventually, but it's surely not going to get you a lot of profit very quickly, because that's not how it moves because of its supply, which doesn't allow it to move at a very fast pace. But when it comes to Bitcoin, we know it has the potential to do that very quickly sometimes.

So without any doubt and hesitation, my vote would go to Bitcoin for doubling its value before Gold, and I believe that is going to happen right in the next bull run we are going to have around 2028 because that's when we are going to witness the next halving, around April of 2028. Gold doesn't really have cyclical movements like Bitcoin, so we can't have a specific expectation from it, but it will surely do good in the future as well, but it won't be as fast as Bitcoin, and we all know it.

[fuguebtc]

Believe me, 3 trillion market capitalization is nothing for now, and the way the adoption of Bitcoin is increasing, it will double in the near future very easily. What do you think?

Bitcoin's current market capitalization is only $1.5T. That is still very small compared to gold, so it is not surprising that Bitcoin is more volatile and will grow faster

Compared to gold, Bitcoin can more easily double in value. However, despite the rapid growth in Bitcoin adoption and popularity, doubling in price will not be easy and may take longer than we expect.


Bitcoin is very small compared to gold, but it has also matured and is no longer as small as it was many year ago. We cannot expect an asset with a market cap of $1.5T to grow as it did when its market capitalization was only $1B or $2B.

 

[Free Market Capitalist]

Will bitcoin first get to $150000 before gold gets to $9000?
Assuming bitcoin marketcap will first get to $3 trillion or gold will first get to $63 trillion?

The question is very similar.

I think it’s more likely that Bitcoin will reach that level first, because it’s more volatile; by the time gold hit $5,000, it had already experienced much higher volatility than usual. Reaching $9,000 would mean doubling in price, whereas for Bitcoin it would mean just slightly surpassing its all-time high.

One of the best moves I did was to convert a small part of my BTC holdings to tokenized gold in the last bull run. I bought some Tether Gold and Paxos Gold.

I think tokenized assets might be the future.

That’s a problem I see right now for Bitcoin’s future profitability. In the early years of Bitcoin’s history, gold wasn’t profitable. Plus, people started talking about Bitcoin as “digital gold” because physical gold was the only option. But today, tokenized gold is becoming a growing competitor.

[cryptomaniac_xxx]

Believe me, 3 trillion market capitalization is nothing for now, and the way the adoption of Bitcoin is increasing, it will double in the near future very easily. What do you think?

Bitcoin's current market capitalization is only $1.5T. That is still very small compared to gold, so it is not surprising that Bitcoin is more volatile and will grow faster

But there is a possibility that we can be at par with gold.

Compared to gold, Bitcoin can more easily double in value. However, despite the rapid growth in Bitcoin adoption and popularity, doubling in price will not be easy and may take longer than we expect.

Bitcoin is very small compared to gold, but it has also matured and is no longer as small as it was many year ago. We cannot expect an asset with a market cap of $1.5T to grow as it did when its market capitalization was only $1B or $2B.

But we have something that gold doesn't have, it's Bitcoin's scarcity. That's why there is a big possibility that in the near future, BTC could be the best asset. I'm not telling that Gold will die, but at least we have a new option for store of value or hedge against inflation and we have seen as well that there are more pros than cons of holding BTC for a long time.

[PostQuantumBTC]

[That’s a problem I see right now for Bitcoin’s future profitability. In the early years of Bitcoin’s history, gold wasn’t profitable. Plus, people started talking about Bitcoin as “digital gold” because physical gold was the only option. But today, tokenized gold is becoming a growing competitor.

Physical gold was not the only option, there are gold ETFs which are tracking the spot price of gold. There are other means that people are exposing themselves to gold digitally on the stocks and commodities exchanges. But you are still right because there are some crypto users that have not been going for stocks and commodities but buying gold on crypto exchanges. The first gold I bought was PAXG at $2200 but I sold it fast not knowing that gold price will increase far further.

[free-bit.co.in]

Will bitcoin first get to $150000 before gold gets to $9000?
Assuming bitcoin marketcap will first get to $3 trillion or gold will first get to $63 trillion?

To be fair, there is still a possibility that the opposite scenario could happen, where gold reaches $9k before Bitcoin reaches $150k.

If geopolitical tensions continue to escalate in the coming years and lead to a large-scale war. That would worsen the global economy, and in that case, demand for gold would certainly increase and exceed demand for Bitcoin. If that happen, the price of gold will skyrocket.

Gold is in a downtrend after a strong rally over the past year, leading many to underestimate it. However, many people are unaware that the world's second-largest economy is quietly buying up gold in massive quantities, regardless of the price.
Clearly, gold remains a reliable asset for governments and central banks. Therefore, the scenario of gold prices doubling before Bitcoin is entirely possible.

[_act_]

To be fair, there is still a possibility that the opposite scenario could happen, where gold reaches $9k before Bitcoin reaches $150k.

If geopolitical tensions continue to escalate in the coming years and lead to a large-scale war. That would worsen the global economy, and in that case, demand for gold would certainly increase and exceed demand for Bitcoin. If that happen, the price of gold will skyrocket.

This is unfair.

No opposite scenario that will happen. There was a time during the Iran war that bitcoin was increasing, gold and stocks were falling in price.

Bitcoin is a store of value.

Gold is in a downtrend after a strong rally over the past year, leading many to underestimate it. However, many people are unaware that the world's second-largest economy is quietly buying up gold in massive quantities, regardless of the price.
Clearly, gold remains a reliable asset for governments and central banks. Therefore, the scenario of gold prices doubling before Bitcoin is entirely possible.

Bitcoin is still going there, just be patient.

[michellee]

I can't predict which will first but I believe Bitcoin will get to $150,000 and gold gets to $9,000. I voted Bitcoin because this becomes more popular and a new type of investment. Both will becomes the choice for those who cares about saving their wealth and as hedge against inflation and as we are in Bitcoin community, many will choose Bitcoin but they will also use gold as their investment.

[bubilas]

I know most of us will know which asset between the two will first attain 2x, but let us just have the fun.

Will bitcoin first get to $150000 before gold gets to $9000?
Assuming bitcoin marketcap will first get to $3 trillion or gold will first get to $63 trillion?

The question is very similar.

Both are stores of value and hedge against inflation, but one is more of an investment than the other if you need higher RoI.

Gold is an asset that has been recognized by all states since ancient times, but now it looks rather unattractive for investment. Firstly, because it is already overvalued after its insane rally, and secondly, because there is a very large spread in the banks of the country where I live, for example, of course, you can only buy tokenized gold online, but why do that if you can buy bitcoin, which has fallen to 74,000, but we saw that it was 124k. And if you buy bitcoin, then you just have to wait a little bit, and as always, it will update its price highs again.

[Iranus]

Gold is an asset that has been recognized by all states since ancient times, but now it looks rather unattractive for investment. Firstly, because it is already overvalued after its insane rally, and secondly, because there is a very large spread in the banks of the country where I live, for example, of course, you can only buy tokenized gold online, but why do that if you can buy bitcoin, which has fallen to 74,000, but we saw that it was 124k. And if you buy bitcoin, then you just have to wait a little bit, and as always, it will update its price highs again.

The truth is that gold seems less attractive than bitcoin because it is more stable and has lower potential for profit, not for any other reason.

Gold has never been considered an attractive investment compared to other investments like stock, even before bitcoin emerged. It is primarily viewed as a store of value rather than a growth asset. Investor often turn to gold for its ability to preserve value, rather than for the expectation of high returns.

Bitcoin will win the race for profit.

[fuguebtc]

Bitcoin's current market capitalization is only $1.5T. That is still very small compared to gold, so it is not surprising that Bitcoin is more volatile and will grow faster

But there is a possibility that we can be at par with gold.

Of course, but it will take longer than you think, and the chances are very low because the distance between them is too great. Gold will not stand still and let Bitcoin surpass it.

Compared to gold, Bitcoin can more easily double in value. However, despite the rapid growth in Bitcoin adoption and popularity, doubling in price will not be easy and may take longer than we expect.

Bitcoin is very small compared to gold, but it has also matured and is no longer as small as it was many year ago. We cannot expect an asset with a market cap of $1.5T to grow as it did when its market capitalization was only $1B or $2B.

But we have something that gold doesn't have, it's Bitcoin's scarcity. That's why there is a big possibility that in the near future, BTC could be the best asset. I'm not telling that Gold will die, but at least we have a new option for store of value or hedge against inflation and we have seen as well that there are more pros than cons of holding BTC for a long time.

The value of an asset is determined not only by its supply but also by both supply and demand. The demand for gold is enormous because it is widely used in almost every industry, not just for investment. This is something no other asset class can achieve, and that is why the greater the supply of gold, the larger its market capitalization and the higher its value

Bitcoin does not need to surpass gold to become the best asset. Bitcoin itself is already very good, and which asset is best will depend on each person's preferences and tastes. There is no single best type of asset for everyone because everyone has different preferences.