Looking at Bitcoin within the context of the entire global asset pool, saying that it is currently at a high level is actually an unfounded judgment.



Just gold alone has a market value of up to 30 trillion USD, while Bitcoin's current scale is not even a fraction of that. The two are fundamentally not in the same magnitude.

A comparison over a time dimension makes this clear. Today's Bitcoin is roughly equivalent to gold in 2004. That year, the total market value of mined gold worldwide was about 2 trillion USD, equivalent to approximately 155,000 tons in physical weight. And after that? Everyone can see clearly—what happened over the next twenty years.

So the real question is not "Is Bitcoin too late?" but rather, most people simply haven't been on the right time reference frame.
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Layer3Dreamervip
· 17h ago
theoretically speaking, if we map bitcoin's adoption curve against gold's historical trajectory using a recursive time-series model... the implications for cross-chain value settlement are actually wild. like, we're not even at the bridge-initialization phase yet
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GateUser-6bc33122vip
· 01-09 15:33
Damn, this logic is pretty solid. Gold has already reached 30 trillion, and we're still worried about BTC being high? It should have been calculated like this a long time ago. Most people just haven't got the right time perspective. Gold in 2004 compared to today's BTC? That's interesting. Looking at it this way, we're still early. People who are on the wrong side of the team will never understand this kind of thing. No wonder some always shout bubble. They're not wrong, but the fact is that the reference frame for the vast majority of people is garbage. BTC's market size is still small; compared to gold, it's basically a little brother. This way of thinking is clear, but unfortunately, most people just can't keep up.
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NFT_Therapy_Groupvip
· 01-09 11:54
Bro, this logic is really brilliant. Comparing 30 trillion yuan of gold to Bitcoin, we are really just getting started. --- Looking back at gold in 2004, it’s clear now. There are still people saying that high prices are really not well thought out. --- The key is the reference frame of time. Most people simply haven't found the right coordinates, and that’s the real problem. --- Yes, gold has multiplied several times in twenty years. Why would we think Bitcoin has reached its limit? --- It’s not even a small fraction yet. Is this still considered a high level? Truly shortsighted. --- The more I look, the more I realize that cognition determines everything. A narrow perspective is pointless. --- Gold in 2004 vs. Bitcoin now—once you compare them, it’s obvious. Many people just can’t understand this. --- Honestly, just thinking of this time dimension for comparison already puts you ahead of 80% of people. --- In front of the 30 trillion yuan market cap of gold, Bitcoin’s scale is tiny. But that’s not a problem; it’s an opportunity. --- Getting the reference frame right makes many things suddenly clear. The key is having this mindset.
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InscriptionGrillervip
· 01-09 11:54
Damn, this logic is really tough. Gold is worth 30 trillion, and Bitcoin isn't even close to a fraction of that. It's roughly the same scale as gold in 2004. Do you have no idea how many times it has increased over the past twenty years?
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BearMarketBuyervip
· 01-09 11:53
This logic is quite interesting. Gold took thousands of years to reach 30 trillion, and Bitcoin only a few years to try to compare with it? Using gold from 2004 as a benchmark for Bitcoin indeed刷新了我的认知, it's quite frightening upon closer reflection. Others are still debating whether the price is high or not, but we are actually questioning whether the reference frame itself is off. To be honest, most people's time coordinate systems are indeed not calibrated, but that doesn't mean everyone should all in. If it really happens in one or two decades, I would be speechless, but it's too early to say anything now.
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SmartMoneyWalletvip
· 01-09 11:48
30 trillion worth of gold compared to 2 trillion worth of Bitcoin, the comparison indeed doesn't hold up numerically, but the analogy itself is problematic... That's correct, most people's time reference frames are indeed off, but the problem is—on-chain chip distribution is so scattered, and whale movements are so bizarre, who dares say that the next twenty years will definitely replicate the gold curve? Capital games have never been linear.
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RektRecoveryvip
· 01-09 11:46
nah the 2004 gold comparison is literally the most predictable cope i've seen all week. every cycle someone dusts off this playbook and acts like they've cracked the code lol. funny how nobody compares btc to dotcom valuations when that narrative doesn't fit, right?
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bridgeOopsvip
· 01-09 11:30
Wow, this logic is solid. Comparing gold in 2004 to Bitcoin today, there's definitely a lot of potential.
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