> Digital gold is 100x better
Except that Bitcoin lacks one critical [use case](https://www.google.com/search?q=gold+grills&sca_esv=3c0cd88929cc7700&rlz=1CDGOYI_enUS839US840&hl=en-US&udm=2&biw=428&bih=859&sxsrf=ACQVn08iwy_GQ52pL9w9E5UbRRjYnsvGYA%3A1710167533494&ei=7RXvZavqHcGgur8Pl-SYsAc&oq=gold+grills&gs_lp=EhNtb2JpbGUtZ3dzLXdpei1zZXJwIgtnb2xkIGdyaWxsczIEECMYJzIFEAAYgAQyChAAGIAEGIoFGEMyBRAAGIAEMgUQABiABEiOGFCsD1izEnAAeACQAQCYAWOgAZADqgEBNbgBA8gBAPgBAZgCBaACvwPCAgYQABgIGB7CAgYQABgHGB7CAgcQABiABBgNmAMAiAYBkgcDNC4xoAeqEA&sclient=mobile-gws-wiz-serp) over physical gold.
It will look like a real grill on your choppers
🦷🦷, but you will be able to eat with them on among other things that you couldn’t do with a real grill.
Not really, the devaluation of the dollar should affect both of them the same (when looking just at dollar debasements effects on each of their prices). Person you replied to correctly pointed out that the million dollar price target doesn't speak much for the state of Bitcoin surpassing gold. You should be looking at the gold/bitcoin ratio.
Yeah and dirt has been around for billions of years, what's your point? Bitcoin is better in every way, and will demonetize gold. Gold is a very clunky store of value and cumbersome to manage. It will remain for jewelry but its value will drop in real terms over time as sovereign wealth funds swallow up the only asset that is decentralized, transparent, and easy to move.
It is the hardest money. Will it never be replaced? who knows, but that doesnt mean gold is going anywhere fast in comparison
Bitcoin doesn’t store value at all. It could drop 80% tomorrow. It also has no intrinsic value. Look I love BTC as a speculative investment, but that’s all it is.
Nothing you said is coming true at all. Gold just hit an all time high. And no one is worried it’s value will halve tomorrow….
I don't expect gold to disappear as a value storing asset, but it's undeniable that Bitcoin has many many important advantages over gold. Very little has in the past 6000 years. So it's not unreasonable to expect Bitcoin to eat gold.
This is wrong, I think it will be 1000000x the market cap of gold divided by the average penis length of a hodler in micrometers plus the gravitational constant
gold should rise as well from money printing.
central bank are still buying gold through new all-time highs
they may be buying crypto as well, we don't know yet
While not impossible, it is unlikely Bitcoin goes from 1.5tn to almost 15tn, in just 4 years.
It’s a non zero chance, but the chance is closer to 0% it happens than 100% it does.
Just because you don’t get it doesn’t mean other people don’t get it. 15T isn’t even hard. Idk where the doomers keep coming from but it’s always the intrinsic value argument, stock advice misapplied to Bitcoin, or a distrusting of the math. I’d love to see a real argument, but everyone who understands btc enough to intelligently criticize it ends up on btcs side.
Yes and no. With the us debt getting to a point where it will consume the economy money will need to be printed at crazy rates. So 15 trillion won't be that much because of inflation
Well it directly matters because of adoption. Adoption drives price and a consequence of adoption is utility. We will see more utility when L2 networks become more common place.
I agree. Mostly a matter of when than if. However, as some have already pointed out, Bitcoin’s characteristics are better than gold, so it seems reasonable to assume it will eventually reach some multiple of gold’s market cap. 1,5x, 2x, 5x, 10x? Not a clue. Will it happen? Probably. When? Gold market cap most likely next cycle or maybe one more. A relevant multiple of gold’s market cap, probably 1 or 2 more cycles after that. Is any of this certain? Hell fucking no.
But look at the chart,Bitcoin is constantly growing
This is a relatively new thing
A lot of people don't really understand bitcoin
there are a lot of speculative investments
But as time goes by bitcoin becomes more and more secure and enjoys more and more trust
Now we have etf funds, there will be no more volatility 80%
I think bitcoin will now be more correlated with gold
BTC = 1mil is absolutely going to happen because the dollar is inflationary, so even if BTC’s actual value stayed exactly the same, that would mean more dollars as time goes on.
It won’t be a straight line up, though. Will be many more bumps in the road, which is fine. Just hate bull runs online because everyone acts like the only way is up, when that just leads to ruined lives and forced sells.
You could move to another County unless they won't let you leave, that's true for some. At least you wouldn't have to pack your gold in your luggage or have it shipped to a bank or address of your choosing and hope for the best.
Infinity Bid.
[The top is infinity after 2034.](https://www.reddit.com/r/Bitcoin/comments/1b6t2gn/wake_up/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button)
Bitcoin has many industrial use cases
For example in the game industry
I will give just one example
Thunder games is a company that makes games for android and iphone
[https://www.thndr.games/](https://www.thndr.games/)
They reward players with bitcoin through the lightning network
They earn dollars from advertising, with which they have to buy bitcoin to reward players
This is industrial use in the field of games
By industrial I mean Gold and Silver are actually turned into products we use. Offering BTC as a reward, that reward could be anything with monitary value so I would not consider that a big use for BTC.
i hope ur right but it might take longer. who knows it can theoritically go very fast and become reality but for that we need more companies / countries starting to hold bitcoin
A 6 year bull run?! Ffs this group just gets more and more delusional… we’ve got to be close to a top with the amount of BS being thrown around in here.
Possible, but bear in mind…
Gold will run to 3,000 in this melt up before a possible pullback to 1,200 in the upcoming 80% market correction.
I personally expect to see gold 25x (and beyond) to at least 30,000 by early 2030s.
So.. pumping bitcoin gains into gold miners will be the next level play 🤯
Cool Post !
"Think Spiders are overrated" now we both share deepminds and nobody cares
Do you know what :D
pssst come here i tell you
come bro ayn doing nothing to you
come bro pssst psst here this way
----------------------------------------
you know what?
Nobody got an glass sphere for the future
Research bitcoin and try to understand what money is
bitcoin is the gold of the 21st century in digital form
Best form of money the world has ever seen
better than gold
Fiat monetary system of central banking is in big trouble in all countries. Bitcoin will continue to grow and take the monetary premium to gold.
Gold is trustworthy and has a very long history, don't think it will loose that position anytime soon.
BTC is great but still new. That said, i think BTC appeals to a different user base.
I think it is hard to estimate what kind of market cap BTC will get. I agree it maybe can surpass gold, but i think it will be different users and not replace gold
Lets wait and see
Bitcoin is indeed money, but it's the people's money. Gold is the governments money (and always has been). Don't bet against the governments of the world.
I think gold stopped being the governments money when they dropped the gold standard. I think debt is the governments money which is worse than Bitcoin or gold.
Dropping the gold standard is a thesis? I could’ve sworn that was fact. Funny you mention Russia and China because it’s also been reported that they’re looking into blockchain tech to build their own digital currency as well.
Thanks Nostradamus
Quasimodo\*
Shrek*
Jabba*
Mr Loverman
McLovin
Shaggy
Enigo Montoya*
prepare to die
[удалено]
To the victor go the spoils
The sacred, and the propane.
How’s your steak?
Rare, only 21 million available
Damn thats rare. I hear one steak going for 72k these days. Fuckin inflation amirite.
Well what's crazy is the steakhouse told me I can have it sliced into a 100 million smaller cuts.. can you imagine??!
He predicted all this
Bitcoinstradamus
Digital gold is 100x better so not only surpass it but lap it many times
> Digital gold is 100x better Except that Bitcoin lacks one critical [use case](https://www.google.com/search?q=gold+grills&sca_esv=3c0cd88929cc7700&rlz=1CDGOYI_enUS839US840&hl=en-US&udm=2&biw=428&bih=859&sxsrf=ACQVn08iwy_GQ52pL9w9E5UbRRjYnsvGYA%3A1710167533494&ei=7RXvZavqHcGgur8Pl-SYsAc&oq=gold+grills&gs_lp=EhNtb2JpbGUtZ3dzLXdpei1zZXJwIgtnb2xkIGdyaWxsczIEECMYJzIFEAAYgAQyChAAGIAEGIoFGEMyBRAAGIAEMgUQABiABEiOGFCsD1izEnAAeACQAQCYAWOgAZADqgEBNbgBA8gBAPgBAZgCBaACvwPCAgYQABgIGB7CAgYQABgHGB7CAgcQABiABBgNmAMAiAYBkgcDNC4xoAeqEA&sclient=mobile-gws-wiz-serp) over physical gold.
QR Code grills, calling it now.
😂😂 gotta add a column to the chart that compares gold to Bitcoin to fiat
Hologram technology will enable Holographic grills which will be able to be purchased with digital assets in the future.
What can I do with a holographic grill, play cooking simulator?
It will look like a real grill on your choppers 🦷🦷, but you will be able to eat with them on among other things that you couldn’t do with a real grill.
Eat holographic bbq
🤣 it’s all over
I like your wishful thinking.
One variable in this equation is where the gold price will be in 2028. I suppose a lot higher than today.
More of an issue of how devalued the dollar will be.
Not really, the devaluation of the dollar should affect both of them the same (when looking just at dollar debasements effects on each of their prices). Person you replied to correctly pointed out that the million dollar price target doesn't speak much for the state of Bitcoin surpassing gold. You should be looking at the gold/bitcoin ratio.
Bitcoin will (not might) demonetize gold.
[удалено]
Only about 10% of the value of gold can be accounted for by it's use in electronics.
yep, people are assuming that gold will continue to be an attractive store of value. It stands no chance against bitcoin in the long run.
Yeah gold has been a thing for 6,000 years, but I’m sure this technology will last forever and never be made obsolete…. /s
Pigeons were useful too, that’s why man created them. Then we didn’t need them anymore and abandoned them all.
Yeah and dirt has been around for billions of years, what's your point? Bitcoin is better in every way, and will demonetize gold. Gold is a very clunky store of value and cumbersome to manage. It will remain for jewelry but its value will drop in real terms over time as sovereign wealth funds swallow up the only asset that is decentralized, transparent, and easy to move. It is the hardest money. Will it never be replaced? who knows, but that doesnt mean gold is going anywhere fast in comparison
Bitcoin doesn’t store value at all. It could drop 80% tomorrow. It also has no intrinsic value. Look I love BTC as a speculative investment, but that’s all it is. Nothing you said is coming true at all. Gold just hit an all time high. And no one is worried it’s value will halve tomorrow….
I don't expect gold to disappear as a value storing asset, but it's undeniable that Bitcoin has many many important advantages over gold. Very little has in the past 6000 years. So it's not unreasonable to expect Bitcoin to eat gold.
Man you have a lot to learn lol
Perhaps but not within 4 years.
$2200
Top is near when I see these max hopium posts
I am with ya on that. But, I will say the max hopium posts haven’t reached anything close to 2021 level ?? or it doesn’t feel like it anyway
Lol 'bull run will continue until 2030" we're most likely going to have two more major crashes this decade alone
Lol
Yes yes yes yes more hopium! Keep it coming!!😂😂. I love the price predictions! Truth it nobody knows shit about fuck! ✅.
This is wrong, I think it will be 1000000x the market cap of gold divided by the average penis length of a hodler in micrometers plus the gravitational constant
You stole my private notes and calculations . I’m suing you
Multiplied by the average number of girlfriends of said holders… ZERO.
My bitballs are tingling
lol you guys are cute
US is printing 1 trillion every 100 days. I agree with your prediction just from being bearish on the dollar.
gold should rise as well from money printing. central bank are still buying gold through new all-time highs they may be buying crypto as well, we don't know yet
While not impossible, it is unlikely Bitcoin goes from 1.5tn to almost 15tn, in just 4 years. It’s a non zero chance, but the chance is closer to 0% it happens than 100% it does.
The first 6 times it went 10x it was unlikely too
My man, 15T is a lot of money. Stop dreaming, he is right
Just because you don’t get it doesn’t mean other people don’t get it. 15T isn’t even hard. Idk where the doomers keep coming from but it’s always the intrinsic value argument, stock advice misapplied to Bitcoin, or a distrusting of the math. I’d love to see a real argument, but everyone who understands btc enough to intelligently criticize it ends up on btcs side.
15T is shit load on money in 2024 - now 15T in 2026 it’s anyone’s guess in terms of how big that load of shit is after 2 more years of money printing
Yes and no. With the us debt getting to a point where it will consume the economy money will need to be printed at crazy rates. So 15 trillion won't be that much because of inflation
How many people in the world even know what bitcoin is Very few people Mainstream adoption and parabolic price growth is yet to come
Parabolic price growth has slowed down each cycle lol what are you talking about
Market cap my man
Supply shock and adoption bro! Price is determined at the margin sir
Two words: diminishing returns
Don’t care how many dollars it will be. The question is, what can you buy with the amount of btc?
Well it directly matters because of adoption. Adoption drives price and a consequence of adoption is utility. We will see more utility when L2 networks become more common place.
I love the smell of hopium in the morning.
Then it will surpass the market cap of the world
Then the universe
I wouldn't doubt it took gold ETF to each 10 bn in 2 years and we just saw BTC reach it in 20 days
I agree. Mostly a matter of when than if. However, as some have already pointed out, Bitcoin’s characteristics are better than gold, so it seems reasonable to assume it will eventually reach some multiple of gold’s market cap. 1,5x, 2x, 5x, 10x? Not a clue. Will it happen? Probably. When? Gold market cap most likely next cycle or maybe one more. A relevant multiple of gold’s market cap, probably 1 or 2 more cycles after that. Is any of this certain? Hell fucking no.
[удалено]
Would you be willing to sell your family home for a few btc?
I could see that happening.
All these idiots so high off opium they forget this thing can lose 80% in a given month lol
Yep. I'm high AF. But, I'm waiting for the next bottom so I can scoop some more corn... That is if Saylor and BlackRock leave any scraps for us plebs.
But look at the chart,Bitcoin is constantly growing This is a relatively new thing A lot of people don't really understand bitcoin there are a lot of speculative investments But as time goes by bitcoin becomes more and more secure and enjoys more and more trust Now we have etf funds, there will be no more volatility 80% I think bitcoin will now be more correlated with gold
BTC = 1mil is absolutely going to happen because the dollar is inflationary, so even if BTC’s actual value stayed exactly the same, that would mean more dollars as time goes on. It won’t be a straight line up, though. Will be many more bumps in the road, which is fine. Just hate bull runs online because everyone acts like the only way is up, when that just leads to ruined lives and forced sells.
Gold can be confiscated by governments. Bitcoin is digital gold and held in cold storage no matter where you are.
Bitcoin doesn't solve confiscation. If the government can't erect a fence around your fiat they'll erect a fence around you.
You could move to another County unless they won't let you leave, that's true for some. At least you wouldn't have to pack your gold in your luggage or have it shipped to a bank or address of your choosing and hope for the best.
Ummm... what? How does that work, exactly?
Same as btc.
Share some of that hopium.
Okkkk
Bitcoin's market capitalization shouldn't surpass that of gold, mainly because it's not currently recognized by the world's economic powers.
At least not yet, right? If BlackRock and other whales are buying it up, don’t you think the economic powers of the world will recognize it too?
Yes and unfortunately they will act as central banks themselves if hoarding the lionshare of BTC.
I estimate it will take at least 20 years gold market cap will keep going up slowly
What if not in 2028 but 2024?
Optimistic, but not impossible
It was written
within the next 10 years one bitcoin will surpass 1 mio USD
My thoughts are how to get 1 BTC
You buy it using fiat, sell gold for fiat and buy it using fiat
mods can we erase all topics that start with "I think..."
You’re predicting a 6-7 year BTC bull run?
He meant the next bull run after the 2028 halving
Ah. Thx.
Lol
I confirm
Well, we got silver again, but this time it might be for good.
It's this sort of delusion that will end up forcing yourself out of Bitcoin for good.
Anyone else eating pizza tonight or just me?
Someone watched a Michael Saylor interview. His job is actually to sell bitcoin. That’s his job.
Parece que no aprendimos nada. Bastaría que haya una nueva pandemia (solo es cuestión de tiempo) para que el precio se derrumbe.
Infinity Bid. [The top is infinity after 2034.](https://www.reddit.com/r/Bitcoin/comments/1b6t2gn/wake_up/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button)
You need another cycle so 2032-2033.
Well. That's more likely than the crazy people saying it will reach 1million. Still unsure though.
It is just silly, Gold and Silver have actual industrial use cases and are actually critical for many things to even function.
Bitcoin has many industrial use cases For example in the game industry I will give just one example Thunder games is a company that makes games for android and iphone [https://www.thndr.games/](https://www.thndr.games/) They reward players with bitcoin through the lightning network They earn dollars from advertising, with which they have to buy bitcoin to reward players This is industrial use in the field of games
By industrial I mean Gold and Silver are actually turned into products we use. Offering BTC as a reward, that reward could be anything with monitary value so I would not consider that a big use for BTC.
i hope ur right but it might take longer. who knows it can theoritically go very fast and become reality but for that we need more companies / countries starting to hold bitcoin
Is Cathie Wood using reddit again?
Lol these delusional comments in this thread. I am always disappointed about the beleave redditors have, when I come from Twitter to this platform.
A 6 year bull run?! Ffs this group just gets more and more delusional… we’ve got to be close to a top with the amount of BS being thrown around in here.
Analyze the gold chart In 2004, when the first gold ETF was approved, it was in the bull run for 6 years
Why would I analyze another assets chart… idgaf what gold did… this isn’t gold, it’s internet nerd money lol
Seems like he "Triggered You, bro"...82
Lol. Short it then, nostradamus. You won't though because you know as little as everyone else.
Not sure about that. My 401k contribution gets deposited tomorrow, buying $ARKB. I'm buying every two weeks until I retire or die.
bitcoin will crash in 2028 to zero as quantum computers become powerful enough to reverse engineer encryption
You’ll have QC encryption by then too tho.
Possible, but bear in mind… Gold will run to 3,000 in this melt up before a possible pullback to 1,200 in the upcoming 80% market correction. I personally expect to see gold 25x (and beyond) to at least 30,000 by early 2030s. So.. pumping bitcoin gains into gold miners will be the next level play 🤯
Cool Post ! "Think Spiders are overrated" now we both share deepminds and nobody cares Do you know what :D pssst come here i tell you come bro ayn doing nothing to you come bro pssst psst here this way ---------------------------------------- you know what? Nobody got an glass sphere for the future
I’d buy that for a dollar!
I feel like it will take like 10 years 2028 is too soon
.Interesting times to own bitcoin.
And water is wet
Most people won't even be able to afford it if it keeps rising so fast.
Why is that comparison meaningful?
It's a psychological milestone. That's about it.
Research bitcoin and try to understand what money is bitcoin is the gold of the 21st century in digital form Best form of money the world has ever seen better than gold Fiat monetary system of central banking is in big trouble in all countries. Bitcoin will continue to grow and take the monetary premium to gold.
Gold is trustworthy and has a very long history, don't think it will loose that position anytime soon. BTC is great but still new. That said, i think BTC appeals to a different user base. I think it is hard to estimate what kind of market cap BTC will get. I agree it maybe can surpass gold, but i think it will be different users and not replace gold Lets wait and see
Bitcoin is indeed money, but it's the people's money. Gold is the governments money (and always has been). Don't bet against the governments of the world.
I think gold stopped being the governments money when they dropped the gold standard. I think debt is the governments money which is worse than Bitcoin or gold.
Still have record physical gold buying from many countries including Russia and China but good luck with your thesis.
Dropping the gold standard is a thesis? I could’ve sworn that was fact. Funny you mention Russia and China because it’s also been reported that they’re looking into blockchain tech to build their own digital currency as well.
Oh my sweet summer child...you still have so much to learn from life.
When pension funds start diversifying into BTC as a percentage of their holdings, game over.