The scarcity of Bitcoin is twice that of gold, analysts say BTC is undervalued by 10 times.

[Coin World] Analysts believe that "the market capitalization of gold is about 20 trillion dollars, while the market capitalization of Bitcoin is about 2 trillion dollars. Therefore, the value of gold is 10 times that of Bitcoin. The scarcity of gold (stock-to-flow ratio) is about 60, while the scarcity of Bitcoin is about 120. Therefore, the scarcity of Bitcoin is twice that of gold. I believe Bitcoin is at least undervalued by 10 times."

BTC-2.12%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Share
Comment
0/400
BearMarketBrovip
· 07-21 18:36
Gold standard? Even meme tokens are laughing.
View OriginalReply0
MemeEchoervip
· 07-21 12:49
You coin returns to me, my gold returns to you?
View OriginalReply0
AirdropHunter007vip
· 07-21 12:48
Just go with the btc bull.
View OriginalReply0
LiquidityWizardvip
· 07-21 12:36
theoretically speaking, metrics aligned w/ my 3am liquidity analysis
Reply0
CryptoTarotReadervip
· 07-21 12:27
buy the dip this wave is stable
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)