Post
Topic
Board Bitcoin Discussion
Re: Can Bitcoin surpass Gold?
by
Princess Leah
on 17/12/2024, 22:45:49 UTC
But also when talking about Bitcoin could surpass Gold?  I guess we will find this one in future, but we can say that everything has possibilities that it will happen.
The price of Bitcoin may surpass gold, but it is not expected at the moment. The gold market is on an uptrend, so it is moving forward steadily. On the other hand, Bitcoin is not stable but unstable. Any time a bear market starts, we will see a market crash. Therefore, the price of Bitcoin can surpass gold if it stabilizes and moves forward.

The chances of Bitcoin getting past Gold in the asset class is very high, it has a very strong potential concerning that and it's shown it this year by toping Silver to rank 7th in the chart of asset class, though i don't expect it to happen very sooner but it's very possible and someday in the future we'll witness that happen, I won't be very suprised if it happens sooner too cause I've witnessed the price of Bitcoin dropped from 60 to $48k and later increased to the current price.

 I see people calling Bitcoin a digital Gold and I think they're very correct about that cause it's currently the most valuable Cryptocurrency out there and second to none therefore I'm in support of anyone who believe in the possibility of Bitcoin passing Gold in the future.