Post
Topic
Board Bitcoin Discussion
Re: Can Bitcoin surpass Gold?
by
CryptoBuds
on 29/04/2025, 14:15:54 UTC
On the other hand, gold has pumped only 33% in the last 10 years.


The price of gold in 2015 was $1,061/ounce and as of April 29, 2025, gold is trading at $3,330/ounce. That means the price of gold has tripled over the past 10 years, equating to an increase of nearly 10% per year. Not to mention, those who invested in gold in 2023 at around $1.8k and have so far made a decent return, over 82%. All of which is not a bad return for an asset that is considered the world's safest and has a market capitalization in the trillions of dollars.

Gold could double its market cap from $10 trillion to $22 trillion in just a few years, something I doubt bitcoin can do. So I am skeptical when people claim that bitcoin will surpass gold in the near future.