Do you think BTC will usurp Gold as No.1 in marketcap in the next 5-10 years?

[HayKay]

I was someone that was of this school of thought that Bitcoin couldn't surpass the market cap of gold or other valuable items but at the rate at which it's going, it would hit that mark soonest.
Bitcoin hasn't even realised a quarter of it's potential, it's just still scratching the surface.

 

[Bousine123]

I don't think bitcoins can devalue gold because gold also has a high market demand, it is not just used as a currency but can also be used for decoration, for making jewelry and other things which can not be done by any bitcoin.

 

[Bookwormlux]

The problem is with the fact that so many individuals are not ready to adopt crypto currencies, so they would stick to gold and this would give it an upper hand.

 

[Sotherefore]

At the rate at which cryptocurrency is growing it is possible that in the nearest future this may be achieve ,a lot of people will get interest in crypto it's existence still remains. yes it is very much possible.

 

[Immilash]

Yes it will happen is just the matter of time, I believe Bitcoin will usurp gold. I don't know why many people are not investing on golds, don't know why.

 

[Blessedsam60]

Yes. Am seeing it happening but not in the next five years. But rather in the next ten to fifteen years to come. Bitcoin is going to become the number one most valuable asset globally.

 

[Sotherefore]

Yes. Am seeing it happening but not in the next five years. But rather in the next ten to fifteen years to come. Bitcoin is going to become the number one most valuable asset globally.

You are not really so sure of this , but we just have to pray that there is no government rules that might make the price of cryptocurrency to go down , because if the United States decide to banned cryptocurrency now it will obviously affect the whole cryptospace and might even lead to crypto crash
..

 

[greenie]

From the figure on disply bitcoin appear to be doing very well,due to the increasing demand and utility of this coin,it really has a high prospect to go even higher,but it will not be that easy to surpass gold.

 

[Omotayo]

No I don't. I don't think Bitcoin will surpass gold in terms of market cap, because at the end of the day if more bitcoin were available, it would have a negative effect on prices.

 

[GoldenLady]

Recently BTC got past Facebook social media in market capitalization value. Which has seen it now going above 1$ trillion in its overall marketcap. At the moment BTC is peaked at 8th in the log, when it concerns assets with the highest marketcap and highly in-demand. Gold is occupying the number one spot which is more than 11$ trillion in its overall marketcap ever since it came into limelight.
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Do you think BTC will one day surpass the marketcap of Gold and becoming the number one asset with the highest marketcap capitalization value?

It all depends on acceptance across the world especially by government. Truth is, it's easier to deal with Bitcoin for the common man than to losses gold so many people would choose it.

 

[Fizzy_boi]

Recently BTC got past Facebook social media in market capitalization value. Which has seen it now going above 1$ trillion in its overall marketcap. At the moment BTC is peaked at 8th in the log, when it concerns assets with the highest marketcap and highly in-demand. Gold is occupying the number one spot which is more than 11$ trillion in its overall marketcap ever since it came into limelight.
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Do you think BTC will one day surpass the marketcap of Gold and becoming the number one asset with the highest marketcap capitalization value?

Yes because the rate at which individuals are investing on BTC coin is high

 

[Sotherefore]

I don't really have much cryptocurrency in my wallet , I am still looking for an opportunity to buy as many cryptocurrency for long-term purpose as possible , now could have been the best time for me to bag some cryptocurrency for long-term purpose but I don't have the money.

 

[Kunkun]

Well that's a long way to go and it might take more than 10 years too if that were to be achieved but not ruling it out because no one really knows what the future holds and it could even go lower too

 

[Sincerem]

Bitcoin is the overall of coins and the price of bitcoin is increasing everyday and price of bitcoin will continue to increase in the market.

It will increase no doubt but I may not likely sees it coming to take over gold anytime soon. For this to happen that means bitcoins has to pass other top companies take over gold. This may even be possible as more people joins the cryptocurrency space in the far future