There's a chart comparing Bitcoin and gold that clearly points out when their paths started to split back in mid-October. Analysts say that’s when investors yanked out a massive $19 billion from crypto and switched it into gold in just one day. Ever since, there's been a steady trend of funds flowing from crypto to precious metals.
Because of this, Bitcoin's charm as an innovative investment seems to be fading. Mike McGlone from Bloomberg Intelligence mentions that crypto is no longer viewed as an alternative to traditional finance.
Institutional investors seem to be feeling the shift too. Those ETF investments were the ones that pushed Bitcoin to hit new heights back in 2025.
Sergio Ermotti, the Chairman of UBS, pointed out that more investment funds and venture capitalists are getting anxious about the quantum threats facing crypto blockchains. Developers of Bitcoin and Ethereum haven't yet shown any solid updates or protocols to safeguard public keys from potential quantum hacking, which is making institutions cash out on profits and scale back their positions whenever there's a price rise.
But don’t expect Bitcoin to crash just yet. These big players quietly drove the BTC price higher earlier this year to create a nice breakout scenario on the charts, making it easier to lure in new investors.
Bitcoin's Investment Appeal Has Diminished
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Different opinions that come out of the analyst's mouth are only limited to diverting the issue or can be considered as an action to take advantage of the trends that occur in the market. Investing is based on logic, analytical skills, experience, and current trends. You shouldn't go against the grain if you don't want to miss out on opportunities. This is the action taken by several crypto investors who withdrew and invested most of their money in gold.
I believe Bitcoin still has great potential and is still considered a scarce digital gold due to its limited supply. Pressure often arises from fragile market sentiment, liquidations, and competition from perceived safer assets like gold. Corrections are a normal part of market cycles, but that doesn't mean there's no potential for recovery. The chart shown in the image does not mean that Bitcoin's appeal will completely disappear, but Bitcoin is being tested by high volatility and shifts in macroeconomic sentiment that have caused investors to sell to profit from gold's movements.
I smell nitpicking of the comparison. Undeniably bitcoin isn't having a good time for now, doesn't mean it has lost its investment allure. Fair comparison should be comparing $100 investment in both asset from 2010 to current date. That $100 being put into gold become roughly $350 and $100 put into bitcoin right now would be worth nearing $100 million.
See how silly that comparison chart is when the timeframe is set to a higher timeframe? Bitcoin is still the best asset to invest in. Soon enough bitcoin will go up alongside other non-precious metal when dust settled.
I recall several months ago seeing analyses linking the price of Bitcoin to the US stock market, highlighting how the Bitcoin market had become completely intertwined with the US technology stock market.
We'll find more of these analyses, all of which are selective, meaning they focus on a specific price period and assume that will determine future behavior, which is incorrect.
Technically, this is simply not true.
Why not just say that Bitcoin 4 year cycle still holds true? Which means by 2026 we should be in the bear market. So by that, it doesn't lost it's investment allure, it's that it's going into it's usual cycle as we have seen in 2018, and then 2022?
Instead of just putting a lot of reasons like quantum computers and it's threat to Bitcoin. This has been discussed many times already in the forum. And for sure developers have mitigate this for many years and everyone is already inform on what to do next.
So for me, we don't need to go to this kind of complicated analysis, sometimes it's the simplest reason and we already know it.
Okay, but we have to be aware that this is only a small sample of time. For me, what happens this year will be key. If gold and silver continue to rise and Bitcoin falls or stays flat, we can start to think that the narrative that Bitcoin was going to replace gold as a safe haven asset is not going to come true. But we would have to wait at least twelve months before making statements like that. This could be a short-term anomaly in the price behavior of both assets, and in the future, Bitcoin could grow much more than gold. Only time will tell.
That is also cherry-picking because you are comparing an asset with thousands of years of history with one that is only 17 years old. In addition, it is typical for assets to have spectacular returns at the beginning, which then level off or fall.
If it still holds true we are fucked because the returns from this cycle have been fucking shit, returns that were already lower in the previous cycle compared to the former one.
humblefarmSenior Member
Posts: 378 · Reputation: 1571
#7Jan 23, 2026, 05:38 PM
Historically, bitcoin has been more profitable than gold. Bitcoin's performance since its creation exceeds gold's returns. I agree that Bitcoin is having a bad time when compared to goldbut this should not be the basis to generalise that it has lost its attractiveness to investors. During times of political uncertainty, investors would smartly diversify into a safe asset, and this is what has kept increasing the price of gold.
I don't think that quantum is the reason why investors are avoiding bitcoin. Simple measures can protect coins from this threat.
This is absolutely nothing other than haters looking for every available point to fud bitcoin because I can categorically say that this points are false. There have been alarms raised over quantum threats about them coming easily to break keys and as said so far this is still a theoretical FUD propagated by those how are looking for anything to use against bitcoin. Because if this threat should arrive today I can confidently tell you a counter measure like a soft fork will happen.
As for the comparison of bitcoin to stocks or other assists its not new that many have actually developed the habit of comparing bitcoin to other assets primarily when bitcoin is at its low and they do not do that when its actually in its bullish period.
Bitcoin already had an ATH of $69k from absolutely $0 before ETF was approved so it doesnt makes sense to say bitcoin achieved even its current high because of ETF approval or its institutions, yes they were like catalyst which fasten the process to its six figure price but even without them bitcoin was definitely pose for that price
The market is a gamble, and i found out recently that investors pay more attention to news and follows the trending path. For the fact that crypto investors placed $19billion on gold doesn't mean that they value gold more but they are kind of trying to make profits out of the surge in the price of gold but later they will still invest in cryptocurrency when the market begins a trend. However, bitcoin was not built as an investment innovation so i wonder why the analyst will say that cryptocurrency is no longer viewed as fiat alternative. If he was talking in the aspect of decentralization i would have seen reasons with him.
looks pretty much like an analogy that suggest that most of the things that are happening now in the bitcoin sphere is somewhat manipulated. As much as we are trying to point at the reason for most of the things we seeing now as potential factors that are influence by some few to cause bitcoin to take a certain turn, fact stands that in the long run, no single entity or group of person actually manipulates the price of bitcoin. gold might in the short term be doing well but it will just be a matter of time before we experience a major breakout that will last a long time.
vault_2009Full Member
Posts: 198 · Reputation: 739
#11Jan 24, 2026, 05:19 AM
Not entirely sure if we can say "historically" considering gold has been around for thousands of years. But if we limit it from 2009 until today then yeah of course bitcoin has been more enticing to invest and made more profit to people. And it will not stop just because it got up, yes it won2t get up as much as it used to but it's still better than gold on the long term.
If you buy a thousand dollars worth of gold today and thousand dollars of bitcoin, there will be times when gold is higher, but I guarantee you on the long enough time period bitcoin will be the best and will stay the best and won't back down. So that is why I invest into bitcoin and not gold, because I know long term that is better.
All I see you say is according to this, according to that; what about you according to you? has bitcoin really lost its allure? well what I know is that bitcoin has now got the same role who were not in the area of bitcoin into it and of course they won most of the wealth in the world so whatever decision they make makes things go in the direction they desired, well we are supposed to be in the bear market according to what we have known for long but well we aren't yet but definitely will so if they took out of bitcoin into precision metals, that could be taking profit only and don't forget that it's saying precious metals that they took out from and invested in bitcoin
mark_whaleSenior Member
Posts: 238 · Reputation: 968
#13Jan 24, 2026, 03:50 PM
Such articles are just full of only bullshit. Why aren't we looking at bitcoin at the longer time frames before making such conclusions. It's not like both assets started trading in the recent months
I am personally sick and tired of articles and posts that just single out particular points in the time frame so it appears that gold is now doing much better than BTC and will leave out where BTC has beaten gold hands down.
If Bitcoin has lost its Investment allure, the give us how much Gold would make for you in the past 4 years vs BTC if you invested lets say $10K in both in the same time frame.
Bitcoin has an Achilles' heel, and its the mining infrastructure. Right now, the network has already lost 40% of its hashrate due to severe weather in the US. This shows how fragile it really is.
What happens if the Democrats, following their election win, decide to pull the plug on miners or create a hostile regulatory environment? These mining farms have nowhere to go. Canada and Europe aren't exactly welcoming, and markets like China and Kazakhstan are already closed off. Miners are effectively trapped.
Back in 2010, Bitcoins investment value was literally the price of a pizza. If big institutional money had actually shown interest back then, a 51% attack would have followed immediately. In fact, the network was so fragile that hackers took down the worlds first Bitcoin exchange as early as 2011.
My point is: you wouldnt have put serious capital into Bitcoin in 2010, and youre likely not doing it now.
Look at Michael Saylor. Hes been buying BTC since 2020, starting at $11K. Yet, despite the hype, his actual annualized return is less than 5%. When you account for the risk, those aren't exactly "to the moon" numbers.
Time is already telling the story. Bitcoin is constantly under fire from one threat after another. First, it was the China mining ban, then the global crackdown on ICOs. Today, were seeing crypto being turned into a family cash cow by Trump, while North Korea is literally funding its nuclear program through massive crypto heists.
By 2028, the threats will only escalate: well be looking at energy shortages for miners due to AIs massive power demands and the looming shadow of quantum computing.
You have to agree that these issues cause major investor anxiety. Gold, on the other hand, doesnt suffer from any of these digital-age headaches.
Quoting a bunch of people's opinions provides zero value here.
The question is: why you are on the bitcointalk forum?
To manipulate people into selling so you may buy lower?
You said your piece, now go the gold forum or something.
Hamsters...and who are you?
Some daddy-financed schmuck?
yield_hawkSenior Member
Posts: 197 · Reputation: 1334
#18Jan 30, 2026, 04:13 PM
It's only a gamble if you invest on it in short term, but if you look at the bigger picture or as what others say, a full cycle investment? Your money might return in X folds. Obviously, it's not as big as the previous cycles as the market grows bigger, the profit might be slower.
But still though, it's a good investment for us in that 4 year cycle. And so, I don't think that it's lost the allure from investors, it's that maybe we are just waiting for a good sign to buy in this bear market.
Nah, people would always be wanting to have that multiple folds of their investment and thats the reason on why they do get derailed on investing into altcoins and even worst they do touch up altcoins because they do wanted that easy 10x or 100x with their investment. Sooner or later they would be able to realize that Bitcoin would be always the safer choice, not totally safe since there's no guarantee on any investment but if we do speak about potential and solid community support then we can definitely say that Bitcoin does have. In regarding about Bitcoin cycle then we are all eyeing basing up on the pattern on what happened on the past and this is why lots or tons of us had been that disappointed considering the ATH only hit up 120k+ on which there are tons of speculations that we will be able to hit up 250-500k on which we are that too far off.
Are we already on the bear market? No one could able to tell not until if we would be able to hit up the extreme bear market just like into those previous cycles on which the market is that completely having that fear.
How do they know it's all about quantum computing? Were they in their heads, controlling their minds or something? Thank goodness you added that they aren't speaking about their fears, maybe some are afraid of something unrealistic, but their main purpose is to make a profit.
Institutional investors aren't like every other investor. They are only focused on profit, and they could divert large chunks of investment into anything they like at any time they want.
The thread itself has some traces of FUD in correlation with what has been addressed so many times. Yeah, it's good to prepare, and I believe the devs are also working towards that.
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