Bitcoin's journey to the top of market cap

I want to kick off this thread, kinda like the one discussing the journey to a million. I really believe Bitcoin’s market cap is gonna reach the top spot one day. But the big question is... when will that happen? Here’s the latest update as of today. I think Bitcoin might grab the number 5 spot pretty soon and, fingers crossed, even hit number 2 this cycle. Now, taking gold off its pedestal will definitely take longer, but I’m confident we’ll get there. This thread is here for us to keep track of our progress toward that goal.

Probably in the next 5 years, bitcoin will be in the second position while those stocks will all be behind it. But for bitcoin to dominate gold, it will take longer time. It will take decades or if not century but gold is a store of value asset for over centuries and which will make it take bitcoin a long time to achieve this. Or probably gold may continue to dominate. If bitcoin remain in the second position for a long time, it is still also good.

I think if we are going to be in parity with Gold, perhaps the price of 1 Bitcoin could be $500k or more. So with that, it could take at least 3 halvings more, or if we reach that 99% of Bitcoin has been mined as we all know that 1% might go up to 2145, give or take. But as we all know that if has cycle though,  so we might remain on that position for so long if ever we become number 1, unless the price is become stable and I'm not sure if we are going to reach that time.

If bitcoin have 22 trillion dollars in marketcap, bitcoin price would have surpass $1 million at the time if it gets to $22 trillion market worth. It will not be easy for bitcoin to surpass gold just as you also posted. This is because people still trust in it and that it has uniqueness because it is a store of value. This should let us know that gold also will continue to grow.

I like the idea of BTC going past Gold one day. maybe sooner than we think.

How many decades will it take for bitcoin to reach $1 million? Although we don't know, reaching $1 million is a long time away, because it won't go up 5x every cycle. I know it's unrealistic to say that in 10 years bitcoin could surpass gold - maybe someday it could happen, it's just that in the near future it's still out of reach. Unless bitcoin is really widely adopted around the world maybe the price increase can affect it.

I agree with you that bitcoin can surpass those 5 stocks in the near future, but not gold because gold is already trusted by everyone as a hedge and this trust will be difficult for bitcoin to surpass even though it cannot be denied that BTC is currently very popular but on the other hand there are still many haters. I just hope before my soul disappears I can see bitcoin surpass gold one day. That would be a great happiness for me.

If we take into account how many years of Bitcoin's existential, a decade plus and other traditional assets and compare their market capitalisation to what market cap that Bitcoin is sitting on right now, you would understand that it just a matter of time Bitcoin is really gonna surpass the 8th position that it's currently sitting on and become the 5th in 1-3 years at least in its market Cap, looking at the difference in their liquidity between the No.7th - 5th. And if we give it a 10- 20 years from now, it most likely gonna near or reach that of 22tri dollars  market Cap of Gold .

BTC has been very high on that scale in recent years, and it will probably continue to move upwards, although the question is at what pace, given that it is not very realistic for it to grow at the speed we have seen in the past. The technology companies that are ahead of BTC in value are so powerful globally that they will likely only continue to increase in value, and the average investor looking for a way to profit still prefers stocks of those same companies to BTC, not to mention silver or gold. I may be wrong, but it will take a very long time for BTC to reach gold, possibly so long that some of us won't even see it.

I the growth rate still stays for another few decades, for sure we're gonna be seeing bitcoin as the largest market cap. Even half of gold market capitalization is already huge for me and remember that we're getting this far with relatively low adoption rate, only fraction of big institutional investors are investing and diversifying their portfolio to bitcoin. Imagine entire world investing in bitcoin, market cap as huge as gold gonna be piece of cake and yes it's only matter of time.

I would take this one step at a time. There are several of you commenting on gold, which is #1 and obviously the top dog to beat. But I think that slowly moving up first to position 5 and then climbing one by one to second would already be a great milestone, something that could happen this very cycle.

It's require Bitcoin price to reach $150K and assuming people don't invest in rank 2-7 assets. It looks possible, $150K isn't that a big amount because Bitcoin ever reach $100K, which is the difference isn't that far. Right now people are heavily invest in gold, this make the gap between gold and Bitcoin become more far. We just only need people to not panic when Trump officially implement his crazy tariffs to other countries.

what cycle they ended when we hit a new ath,before the ½ ing there are no more four year cycles 🔄

Not a fortune teller , but the possibility of bitcoin reaching 2nd position is high a 70% chance if not 80% but the requirements to top gold is very much high so it might take a decade to do that probably 2 cycles more. The level of trust on Gold is so high that it will be so difficult for people to trust bitcoin as much as gold even though I tend to push the narrative that bitcoin is much better till date not even anyone has for once agreement me in my hood. Trump tarrifs are not even supposed to scare bitcoiners but I'm surprised that most of the people panicked so much when it's obvious a temporary change.

Right, it's to big a goal for Bitcoin to even top Gold for now. So it's going to be like 2-3 halving to reach that. So maybe going to be the number 2 spot is more achievable for us at the end of the year. Maybe if we can reach at least $150,000, we might go one or two steps in the ladder. So it will be a great success, never we have thought that Bitcoin can go as high as where we are, and then we still have a good chance to get even higher. That will be big accomplished already for Bitcoin investors.

Waiting for that day to come and that will be a huge kick in the face of those who have mocked Bitcoin for so many years. And the scare that's in the mind of every investor about buying at the peak, they've seen that gold have reached a new ATH. They'll be more happy to buy Bitcoin soon once it becomes the number 1 asset in the world base on highest market capitalization.

Nothing's impossible in this life and I feel that Bitcoin getting to number 1 in market cap can be achieved but it will take long. Bitcoin surpassed Saudi Aramco and moved above the multi trillion dollar oil giant so that should tell us something. Even though gold has had the hearts of many and investors prefer it as a safer, reliable option against Bitcoin, all it would take is for more institutions to shift their attentions to Bitcoin and I we'll see it's market cap going up.  It's not everyone that enjoys taking a risk and Bitcoin is regarded as a highly volatile and risky asset so most will stick to other assets and if there's a timeframe for when Bitcoin will be on the path to being no.1 in market cap, it can't be possible because it would take a very long time.

Isn't bitcoin already at 5th rank for brief moment when it was reaching ATH? I think we should be aiming for 2nd at least, beating gold will be hard, like really hard because gold also backed by various religious belief so there's always demand for it. However, overtime I think the utility for bitcoin will become more and more obvious. The path forward is toward digitalization after all.

I would say it has never been as high as 5. Bear in mind that when bitcoin hit the $109K ATH the stocks were in bull market as well. Someone correct me if I'm wrong but I think 8, the current position, is the highest the bitcoin market cap has ever been.

The highest was 7th, there are many change on the table. https://www.reddit.com/r/Bitcoin/comments/1gsgzyx/bitcoin_is_now_the_7th_largest_asset_by_market/ Yeah the problem of Bitcoin is not tangible, old people are only believe in tangible assets. Stock is not tangible as well, but we can see the company, we can see the product etc, while Bitcoin doesn't. People don't believe in decentralization nor they understand what decentralization is, if we explain the usage for cross border transaction, they will mention PayPal or any other fiat payment processor.