Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Barikui1
on 15/12/2024, 05:31:27 UTC
Shower thought.
What if we're very lucky to be during a time when we could own an asset that will actually "dethrone" Gold and become the most valuable asset in total market value?

It might not be very obvious for us plebs now, but it might be as Bitcoin becomes higher in market value than Google, Microsoft, Apple, Amazon, and NVDIA.
Buy the DIP, and HODL
With what bitcoin has achieved and shown, I am very happy to be among the investors who are consistently accumulating bitcoin and holding it for a long time. Bitcoin is just new, but yet it has already surpassed Google, Microsoft, Apple, Amazon, and NVIDIA in market value, who have been existing a long time before bitcoin was developed. It's just a matter of time; we will see bitcoin doing the same thing to gold. I will not be surprised when that happens because I know bitcoin has what it takes to dethrone gold in market value.

Are you referring to $crypto$'s post from earlier today?



The chart shows that bitcoin is number seven on the list, and sure probably within this cycle bitcoin will at least get up to number 2, and it may even pass gold this cycle or perhaps in the next cycle?  The path up for bitcoin is not even necessarily directly up, since bitcoin has variance in its valuations.
With just the space of 14 years on it's creation bitcoin has found itself on the top 10 of most valuable assets in the world occupying the 7th position precisely despite it's volatile (fluctuating) nature. There's no doubt it's going to settle up for 2nd position in the next circle. With the widereach acceptance and uses of gold if am to be sincere it would take bitcoin to outperform itself to get pass gold anytime soon but doesn't mean it can't materialize within the shortest frame either.
With the speed of Bitcoin growth, anything is actually possible because at this point if you look at Bitcoin in today's market, more investors are coming in, and they are very much aware that gold have already reach it peak unlike Bitcoin that is just a 15year old boy, so I believe that before Bitcoin can get up to 35 or 40 year old, it will definitely surpass gold by a mile, and and quite positive that it might has gone more than a million dollar by then.

Secondly, looking at what is going on right now in today's market, most investors that have doubted Bitcoin from the start are now changing their view about it, some are even acquiring it secretly, that's alone speaks volumes that everyone, even the haters are now doing the fact, which is if you can't beat them, join them.
So in essence of all am trying to say is that it's just a matter of time that Bitcoin is going to surpass gold and others that has been their since the history of mankind.