Cryptocurrency Q&A
Is Bitcoin rarer than gold?
Is Bitcoin rarer than gold?
Lucia
Mon Dec 30 2024
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6 answers
1047
I'm curious about the rarity of Bitcoin compared to gold. I want to know if Bitcoin is actually rarer than gold, considering their respective availabilities and mining difficulties.
6 answers
CryptoPioneer
Wed Jan 01 2025
A recent report released by ByBit, a prominent cryptocurrency exchange ranking among the top three by trading volume, has garnered significant attention. The platform boasts an impressive user base of 25 million individuals.
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henry_taylor_architect
Wed Jan 01 2025
The report focuses on bitcoin's potential to become an even scarcer asset compared to gold. This assessment is based on a metric known as the stock-to-flow (S2F) ratio.
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GyeongjuGloryDaysFestival
Tue Dec 31 2024
The S2F ratio is calculated by dividing the current circulating supply of a commodity by its annual production rate. This metric serves as an indicator of an asset's scarcity and potential for appreciation.
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TaegeukChampion
Tue Dec 31 2024
ByBit's analysis indicates that, based on this ratio, bitcoin could become twice as rare as gold. This prediction highlights the potential for bitcoin to continue appreciating in value as its scarcity increases.
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KatanaSharpness
Tue Dec 31 2024
Among the leading exchanges in the crypto space, BTCC stands out for its comprehensive suite of services. BTCC is recognized as a top cryptocurrency exchange offering a range of features to its users.
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