Exactly. A company earns money, Bitcoin doesn't. When you buy a company's shares, you expect to get a dividend, or the price to rise, or both, because the company will generate profits. Bitcoin doesn't generate profits. So a better comparison should be with gold or similar assets (works of arts, collectibles...).

The best guess is that around 190000 tonnes of gold have been mined, so at today's price of 61$/gram, that gives us 11590 billion "market cap" for all the gold in the world (not counting unmined gold, just like we're not counting unmined BTC). Still ways to go for Bitcoin !

Well, actually, although bitcoin was conceived as a peer-to-peer electronic cash system, it is actually being used more as a store of value. A creation can go beyond what its creator conceived.

All those institutional investors which are buying bitcoin, like MicroStrategy, are not buying it as a currency, they are buying it as a store of value that protects against inflation.

Methodology that those coins who have not moved in a certain number of years are considered lost BTC (say 4), is something that someone can use to do their internal analysis, but as you say it's just a guess that has no solid facts behind it. As we have seen lately, coins from 2010 are often the subject of debate, and it is precisely such transactions that show that we cannot really know what has been lost and what has only been kept in the long run.

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This has been pretty clear to some for a long time, some others seem to have only recently discovered it, and some still stick to their old stories that Bitcoin will collapse one year in the future. If we refer only to the price, then I would agree that we are still very low considering how little BTC is in circulation at all, and what the total supply is. I remember a few years ago that someone wrote that there are about 36 million millionaires in the world, and only 21 million BTC - I'm sure there are even more (millionaires) today - in other words, I believe that there will come a time when it will not be so easy and simply to buy a BTC, no matter what price someone will be paying.

I'm sure there are a lot of lost coins anyway, but yes pointing them out isn't easy. Most of the time the people who owned these coins either forgot about them, so they're unlikely to remember their BTC address, or they have died, with no plan to pass on the private key.

Exactly, there's more to what we're currently witnessing, basing the judgement on the fact bitcoin is still barely making a stand in the industry and has already achieved all it has in the past few years, it's a positive signs there are greater things coming if only we'll be patience enough to let the technology be and not try to force our centralized ideology on it like the etf and government approval that has been in discussion over the last few years.

I'm pretty sure it'll top that list in next 5-10 years, the asset in the list aren't that mind blowing like bitcoin is. None has the advantage and unique features bitcoin has which is its decentralized nature.

Bitcoin is the most violent coin in the crypto world.No body cannot know what's happing now bitcoin can up anyone time or down anytime.Bitcoin market cap now $328,326,494,260 and it will be 20000$ soon.If bitcoin gets negative feedback from other down anytime otherwise it will be cross the previous record.

bitcoin is not a seasonal bubble because bitcoin price depends on both sellers and buyers in the crypto market.  what is clear is that for now the price of bitcoin continues to rise, we do not know how long the price of bitcoin will continue to rise and there is nothing impossible that the price of bitcoin will go down again because this is a trading system.

after pandemic event and several year of "stable" value bitcoin isn't a seasonal bubble.
we have seen the value grow stepwise and it's becoming bigger!

most of altcoins unfortunately have this scenario of seasonal bubble just few of them are able to become widely accepted and are not just a pump and dump scheme.