Will bitcoin become the new gold?
Despite all the fuss, Bitcoin’s market cap is still below $500 billion --- about the same as Procter & Gamble, Nvidia, or Visa... but only about ¼ or ⅕ of Apple’s market cap.
Meanwhile, gold’s total value is about $9 trillion, meaning gold is about 22 times larger than bitcoin.
Meanwhile, gold’s total value is about $9 trillion, meaning gold is about 22 times larger than bitcoin.
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Independent institute with 20 years experience in US stocks
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curtaincall : When the consensus in Bitcoin is solid enough, bitcoin will become the digital gold. Same as any other stuffs as long as there are larger number of people believe it’s valuable imho
Ilona : Thanks for sharing, but Bitcoin is not behaving the way it used to...
Ming-ChiKuo Tracking : It’s another great day for those Bitcoins!
Meltyy : Wanting to get into bitcoin, anyone here willing to let me dm then a couple of questions about bitcoin?
FiveHundredCents : Bitcoin's intrinsic value will rise in the coming months while gold may struggle as institutional investors flock to crypto, JPMorgan says
Allen : paying close attention to bitcoin’s monthly trendline