Bitcoin Could Overtake Gold in the Next Bull Run: Binance Founder CZ

[Oshosondy]

https://decrypt.co/376717/bitcoin-could-overtake-gold-in-the-next-bull-run-binance-founder-cz

Can this become true?

I doubt it, but let me see what people will post about it.

Bitcoin marketcap: $1.6 trillion.
Gold marketcap: $32.396 trillion.

If bitcoin will get to over $32 trillion in marketcap, it would have surpassed $1 million and going to $1.5 million in price.

That mean bitcoin volatility in the uptrend increased significantly in a way many people among us do not expect.

What I believe is that bitcoin will get to all time high,  but bitcoin will not go above $350000 in the next bull run.

[Mia Chloe]

If bitcoin will get to over $32 trillion in marketcap, it would have surpassed $1 trillion and going to $1.5 trillion in price.
That mean bitcoin volatility in the uptrend increased significantly in a way many people among us do not expect.
What I believe is that bitcoin will get to all time high,  but bitcoin will not go above $350000 in the next bull run.

Is this even worth the debate? Most of these investors and billionaires are just online to create stir that would profit them. First off according to the market cap you gave it's near 20X more and that's not a mere number honestly. Gold shouldn't even be compared to bitcoin because they are in two entirely different niches plus one is natural.

Look closely at commodity pricing and you notice generally natural resources have the upper hand.  Bitcoin is doing well for a crypto but that doesn't suggest a comparison with gold. Besides everyone too arguably has a piece of gold since they are also an important part of electronics.

[Oshosondy]

Is this even worth the debate? Most of these investors and billionaires are just online to create stir that would profit them. First off according to the market cap you gave it's near 20X more and that's not a mere number honestly. Gold shouldn't even be compared to bitcoin because they are in two entirely different niches plus one is natural.

You are totally correct. There is even one that I did not post about which was what Michael Saylor posted recently on X. They are after profit and they think many people do not know much.

Michael Saylor say recently that he said bitcoin bear market is dead when bitcoin was rising significantly recently as if there was no bear market. Even if the bull market has began of which I do not think, there was bear market. It is us that has been right that bitcoin is getting less volatile which is even simple to know.

I also think that bitcoin is not going that high within next four years.

[AmaGold70]

I strongly believe that some day, the price of Bitcoin, or it's market capitalization will overtake that of Gold. Gold has been in existence long time ago before the creation of Bitcoin, but in terms of growth, and return of profit to investors, Bitcoin has actually outperformed gold in that aspect. However, saying that Bitcoin will surpass gold in the next bull season is what am not really certain about, but am sure that with time, Bitcoin will definitely have higher market capitalization than gold. Bitcoin is new in the digital market compared to gold, Bitcoin is faster in growth, and am convinced in a very short period of time, Bitcoin will take over, and I think this is the more reason why CZ is so much interest in Bitcoin, and has made Bitcoin his favourite digital investment than gold.

[Ruttoshi]

I'm not even expecting $250k as the new ATH in the next bull run because as time passes by bitcoin volatility reduces. Anyone that expect bitcoin price to reach $350k is a big dreamer or that Bitcoin marketcap will overtake that of gold is just saying it because it's not possible for bitcoin to achieve this in the next bull market. In future, bitcoin will overtake gold but not in this circle because currently, gold marketcap is ~20x bigger than bitcoin.

[PrivacyG]

He did predict a pretty accurate price last time as far as I can remember, I would not take that as a guarantee that he gets it right this time too.

It would be very interesting to see Bitcoin over take Gold.  I doubt it will happen as soon as the next Bull run but I suppose it HAS to happen some time in the rather far future.  If we expect Bitcoin to grow to as much as 33 TRILLION Dollars for its Market Cap now, what will it be after the next Halvings?  A Billion Dollar Bitcoin?

[The Cryptovator]

https://decrypt.co/376717/bitcoin-could-overtake-gold-in-the-next-bull-run-binance-founder-cz

Can this become true?
I doubt it, but let me see what people will post about it.

Bitcoin marketcap: $1.6 trillion.
Gold marketcap: $32.396 trillion.

What I believe is that bitcoin will get to all time high,  but bitcoin will not go above $350000 in the next bull run.

I really don’t want to see unrealistic dreams. It’s unrealistic for me because most probably I won't be alive when Bitcoin crosses the gold market cap. But I could believe it would happen since anything would happen in crypto. If Bitcoin wants to surpass gold's market cap, then its price should be above $1.6 million.

So reaching this point isn’t easy. And it would never happen in the next bull run; this isn’t the pattern of Bitcoin movement. We will definitely see Bitcoin's bear and bull. It’s not possible to just be a witness of bull runs. From this perspective I believe I won’t live this long.

If bitcoin will get to over $32 trillion in marketcap, it would have surpassed $1 trillion and going to $1.5 trillion in price.

I think typo mistake, it should be millions, not trillion.

[_act_]

He did predict a pretty accurate price last time as far as I can remember, I would not take that as a guarantee that he gets it right this time too.

Everyone of us know that the bull run is coming and it came, but that does not mean people should always believe the people earning money from cryptocurrencies. All what they want is good, but they like to overestimate.

CZ predicted that there will be super cycle, but bear market came instead.

[goldkingcoiner]

https://decrypt.co/376717/bitcoin-could-overtake-gold-in-the-next-bull-run-binance-founder-cz

Can this become true?

I doubt it, but let me see what people will post about it.

Bitcoin marketcap: $1.6 trillion.
Gold marketcap: $32.396 trillion.

If bitcoin will get to over $32 trillion in marketcap, it would have surpassed $1 trillion and going to $1.5 trillion in price.

That mean bitcoin volatility in the uptrend increased significantly in a way many people among us do not expect.

What I believe is that bitcoin will get to all time high,  but bitcoin will not go above $350000 in the next bull run.

Can? It is in progress of doing exactly that.

I expect Bitcoin to go between $500K and $1 million around 2030.

Once people start massively adopting Bitcoin as a store-of-value over Gold, there will be capital inflow like we have yet not seen before. And this is very understandable. Especially now that AI investment is being driven back to Bitcoin, we might see the beginning of the huge pump.

Too bad that Bitcoin is not as volatile as in the old days, nowadays we won't see 50% candles in the timespan of hours. It just takes longer now    

[un_rank]

He did touch some good points beyond the part that they chose to headline the article. Bitcoin has shown significant growth and is currently being considered for utilities that countries had almost exclusively for gold in the past. There is a real possibility that the use of bitcoin will become normalized in the near future which will accelerate adoption.
It's also true what he said about we needing more real world usage for payment solutions which bitcoin streamlines.

None of this will fully happen in the next bullrun but it is not far off now.

- Jay -

[Byebyebtc]

Definitely sounds unrealistic to me...

Your know one doesn't have to believe everything the media says,  most of the things they do if for their personal interest.
It's been a very long time sine we started hearing news similar to this,
I personally hate the ovehype, and the some sentimental individuals keep keep believing stuffs like this

Gold is older and higher than Bitcoin, comparison should even have limits

[LFC_Bitcoin]

With total marketcaps currently $1.6T vs $32T there is close to zero chance that Bitcoin overtakes Gold in the next bull run. I would call it a massive win if Bitcoin gets to $5T in the next bull run.

We will overtake Gold, it will probably be in our lifetime but not yet.

[Stalker22]

I think Michael Saylor predicted Bitcoin's market cap to exceed gold's by 2035.  That was probably a much more realistic prediction than CZ's.  I doubt we can get anywhere near the 20x in just one cycle that it would take to reach gold's market cap.

~
If bitcoin will get to over $32 trillion in marketcap, it would have surpassed $1 trillion and going to $1.5 trillion in price.

You probably meant to say $1.5 million for the price of one btc?

[Franklyn-wood]

I strongly believe that some day, the price of Bitcoin, or it's market capitalization will overtake that of Gold. Gold has been in existence long time ago before the creation of Bitcoin, but in terms of growth, and return of profit to investors, Bitcoin has actually outperformed gold in that aspect. However, saying that Bitcoin will surpass gold in the next bull season is what am not really certain about, but am sure that with time, Bitcoin will definitely have higher market capitalization than gold. Bitcoin is new in the digital market compared to gold, Bitcoin is faster in growth, and am convinced in a very short period of time, Bitcoin will take over, and I think this is the more reason why CZ is so much interest in Bitcoin, and has made Bitcoin his favourite digital investment than gold.

Gold of a truth is older than Bitcoin, but in terms of it decentralized and security value it is more adopted. I think it is only those who don't know about Bitcoin that will under rate the importance of Bitcoin at any level.
Bitcoin as a store of value has gone a long way to help a lot of people overcome the stress and exorbitant charges attached to the use and transaction of fiat, which varies from transfer, deposit, and other charges that is applied to each transaction including the network delays.

[Oshosondy]

~
If bitcoin will get to over $32 trillion in marketcap, it would have surpassed $1 trillion and going to $1.5 trillion in price.

You probably meant to say $1.5 million for the price of one btc?

Quick fix. Thanks.

[BABY SHOES]

He did predict a pretty accurate price last time as far as I can remember, I would not take that as a guarantee that he gets it right this time too.

Perhaps this tweet is the most accurate of CZ's predictions, now his predictions are quite exaggerated.
[1] https://x.com/cz_binance/status/1339486504062648320

It would be very interesting to see Bitcoin over take Gold.  I doubt it will happen as soon as the next Bull run but I suppose it HAS to happen some time in the rather far future.  If we expect Bitcoin to grow to as much as 33 TRILLION Dollars for its Market Cap now, what will it be after the next Halvings?  A Billion Dollar Bitcoin?

I believe about the future, but for the upcoming bullrun it's not realistic at all, which means the spike should be high in a little while if measuring on the CZ prediction.

Reaching $32 trillion is not easy, for bitcoin it will take years to surpass it.

[Slow death]

Can this become true?

I believe that won't happen. But if he looked at the next 50 years, I might agree with him. I think making short-term predictions like 4 years is very unrealistic considering that the current numbers you showed are extremely disadvantageous for Bitcoin. Bitcoin's market cap of $1.6 trillion versus gold's market cap of $32.396 trillion shows an absurd difference. While Bitcoin's market capitalization increases very rapidly, gold's market capitalization continues to increase, so it would take at least 50 years or more for Bitcoin to surpass gold. Let's imagine that every year Bitcoin's market capitalization increases by $1 trillion; even if 25 years passed, it would be $26 trillion, and gold wouldn't be standing still waiting for Bitcoin to catch up. I think he exaggerated.

[Alpha Marine]

Is he drunk or just trolling?
Even if Bitcoin gets to $1 million in the next bull run, its market cap won't get up to $30 trillion, so how will it overtake gold's?
I need people to stop listening to these people who make predictions about Bitcoin. They know that people idolise them, so they make these predictions so that people will buy Bitcoin.
It's one thing to tell people to buy Bitcoin, it's another thing to give people false hope. This is just like deceiving people into buying Bitcoin.
I believe the time will come when Bitcoin will get to $1 million, but we are still decades away from that time, and I don't see Bitcoin overtaking Gold, in market cap, at least.

[Ambatman]

It gets harder to get realistic prediction from so called public figures.
Bitcoin overtaking Gold like Gold would remain stagnant
As Inflation continues to be the talk, economic unrest
It's normal that gold would have further uptrend in the future.
With the rate we going
Beating Gold marketcap next bull run isn't possible
Except something big occcurs within that period.

[CryptoHeadlineNews]

https://decrypt.co/376717/bitcoin-could-overtake-gold-in-the-next-bull-run-binance-founder-cz

Can this become true?

I doubt it, but let me see what people will post about it.

Bitcoin marketcap: $1.6 trillion.
Gold marketcap: $32.396 trillion.

If bitcoin will get to over $32 trillion in marketcap, it would have surpassed $1 million and going to $1.5 million in price.

That mean bitcoin volatility in the uptrend increased significantly in a way many people among us do not expect.

What I believe is that bitcoin will get to all time high,  but bitcoin will not go above $350000 in the next bull run.

CZ is just exaggerating in the statement he just made online above, regarding the market cap of Bitcoin to cross gold after next bull run, because you and I know that for Bitcoin to over take gold in terms of its market cap which is currently $32.396 trillion at the moment, we should be talking about the next 3 to 4 bull rull, which is approximately the next 20years from now, and not exactly next bull run. Because for me, the only realistic price which I think Bitcoin could reach after next bull run is around $200k per BTC or $250k per BTC. Because I'm very much sure it can't hit $300k. But however, his statement is likely to increase the adoption of Bitcoin in the positive side of we could look at it from that angle. Because when people hear such, they will be moved to go buy more Bitcoin.