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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."