Bitcoin's capitalization is still very small compared to gold's capitalization, so it is still very early and there are many opportunities for those who want to find life-changing opportunities. People often look at the price of bitcoin and think that it is too expensive and that investing in it at this point will no longer bring significant profits. But if they look at the supply and market capitalization, they will realize everything is still very early and there are still many opportunities.

The capitalization of gold has surpassed 15 trillion USD, while the capitalization of bitcoin is only 1.3 trillion USD. Think about what percentage of profit we will achieve if the capitalization of bitcoin is equal to the capitalization of gold in the next 10-20 years? We are still very early in investing in bitcoin.

Bitcoin's title as a digital gold isn't new. Bitcoin has been labeled as such for years already. There was news of BlackRock's Larry Fink calling Bitcoin digital gold, but it wasn't Larry who coined it. But, yeah, if the impression of Bitcoin being a digital gold is spreading among the influential financial players across the globe, it indeed means demand.

But, again, demand doesn't necessarily mean belief. Many who buys Bitcoin doesn't believe in Bitcoin. That includes Fink and the rest of them. So, indeed, it would still be a rollercoaster ride from here on. These actors could quickly dump Bitcoin as soon as they made a profit from it.

Bitcoin will definitely beat gold’s marketcap in the future. All we need is more diamond hands. As long as nobody sells and there is still demand, theoretically the price of a bitcoin can go to infinity. However we know that there will always be some sellers who will create even more pressure on the price as the price goes higher. That’s why every once is a while btc goes into a bear market. So don’t feel bad if btc goes back to $30k’s or even lower soon. If that happens, btc will come back even stronger because more diamond hands will be buying the dip. We have had many price cycles in the past and there will always be more.

Well thats inevitable I guess we saw the pattern in each cycle that after halving it should do its work. But since this market us upredictable expect the unexpected always. Right now btc is moving up and down for the past few weeks and as we get closer to halving we can see the potential movement of overall market which either can go bullish all the way or have some misfit along the way.

In case of bitcoin it kinda does because its supply is real, so is its price. Every single satoshi in circulation was created fairly and through actual "work" aka mining. And the price is decided in the market through demand.
Market cap is mostly meaningless when it comes to altcoins that have fake supply (eg. premined coins) and fake price (eg. pumped and are before dump).

I don't think the reason is market cap being high, at least not the main/biggest reason.
When you are comparing 2013-17 with today you should also compare the economy of 2013-17 with today. We've already had 2 major recessions in the past 5 years and that takes toll on the economy and people's investment habits and capabilities.

For example in 2017 when price soared to $20k in a couple of months people across the globe weren't struggling to make ends meet like today and they weren't struggling to pay back their loans at a much higher interest rate that went up overnight.

Now I believe not only such massive rises (eg. going from $70k to $1 mil in 6 months) is possible but it can be very easy IF the recession ends and they reduce interest rates. Because first of all after interest rates coming down, the extra money people paying back their loans are going to be left with is going to be invested in things like bitcoin. And the money that had gone into the scammy bonds government print is going to exit and flood into other markets including bitcoin. The tsunami of money coming into bitcoin can shoot up the price very easily.

It takes Bitcoin 15 years to have 19,676,487 BTC in its circulating supply that is 93.7% of its total supply.

Altcoins with Proof of Work can be premined a lot like Ethereum, or can be mint all at the beginning with TGE by smart contracts. Their developers can create an altcoin with very high total supply like Shiba Inu or very low total supply like Shiba Inu with 589,534,086,491,242 SHIB (all minted at TGE) or Yearn Finance YFI with only 36,647 YFI in its total supply.

Market cap with altcoins is useless to assess altcoins.

In 2020, YFI rose to nearly  $40,000 when Bitcoin still did not get its $20,000. It's success of YFI developers but any YFI holders, from 2020 to 2024, will lose money, now it is about $8,400.

https://coinmarketcap.com/currencies/shiba-inu/
https://coinmarketcap.com/currencies/yearn-finance/

It’s honestly a delight to see bitcoin achieve great things and I can not believe that I am seeing it happen right in front of my eyes.



Exactly as we’ve seen, no one expected for bitcoin to break into its new ath before halving but it did so now we have an idea when should we watch the market carefully and invest.

Several years ago, many of the people here have already said that Bitcoin is the new gold standard and can be described as the digital gold which is now being reported by these folks.

That's why if you've been here for a long time, you know what I am saying that it's been said and treated already as a digital gold even long time before.

Thanks to the most holders out there as we treat our Bitcoins as the digital gold that everyone will not have. Yeah, it's not going to be on the hands of most people because many are still skeptic of buying because before, they're scared of it thinking it was a scam. Now, they're thinking of it as something expensive that they don't want to buy while waiting for its price drop which is unlikely at these moments.

Hmm TBH, I haven't checked it I'm not sticking to market all day as I was sticking to it a couple of days before, due to some really urgent affairs but I was following the price action I haven't checked anything surprising but yup hope are still on the Bitcoina nd holding tight to visit a new ATH with the market cap of $2.4T haha in the round 1 and then you know a good correction and boom again but things are not in the favor from the side I was checking on, it may be due to the early pressure on the market.