2024

Bitcoin

when

Nvidia’s stock (NVDA), has surpassed Bitcoin for the last ten years by giving a mind-blowing 23.951% return compared to 12,946.9% earned by Bitcoin according to <a href="https://www.statmuse.com/money/ask/btc-vs-nvidia-over-past-10-years" target="_blank" rel="noopener">Statmuse’s data</a>. Notwithstanding, crypto experts believe that in the next decade, this will not be the case. 
“Near zero chance of Nvidia outperforming Bitcoin over the next 10 years,” asserted Swan Bitcoin CEO Cory Klippsten. Investment strategist Lyn Alden, who highlighted Nvidia’s rare outperformance of Bitcoin in the last decade, stated, “I’d pick Bitcoin over Nvidia for the next ten years, personally.” 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 As of this writing, Nvidia <a href="https://twitter.com/search?q=%24NVDA&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$NVDA</a> is one of the few assets that has outperformed bitcoin over a 10-year time period. <a href="https://t.co/PVgur6uBWY" target="_blank">pic.twitter.com/PVgur6uBWY</a>— Lyn Alden (@LynAldenContact) <a href="https://twitter.com/LynAldenContact/status/1794057128597930297?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">May 24, 2024</a>
 </blockquote> 
 </div>
</figure> 
This difference in opinion comes about as a result of network effects which could amplify its impact crosswise economics so as to make Bitcoin a financial asset throughout. As outlined by Sina from 21st.capital, “There are multiple layers of network effects in money,” but there are none for artificial intelligence where Nvidia operates. 
Some argue whether it was possible to foresee such a trajectory a decade ago when both AI and BTC were budding technologies behind Nvidia’s remarkable growth. In case we go back to 2014 I am sure Daniel Sempere Pico asks himself “Which one would appear more risky and less obvious to achieving such fantastic returns?” 
Although there are optimistic views on Bitcoin’s future, there have been warnings of a significant pullback as well. According to former physics professor Giovanni Santostasi’s “<a href="https://www.reddit.com/r/Bitcoin/comments/9cqi0k/bitcoin_power_law_over_10_year_period_all_the_way/" target="_blank" rel="noopener">Power Law</a>” model, Bitcoin might peak at $210,000 in January 2026 before falling to $60,000. 
This battle between centralized tech giants and decentralized digital assets in the crypto industry is promising an unpredictable yet interesting future. 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 Also Read: <a href="https://www.cryptotimes.io/2024/05/25/kangamoon-raises-6-8m-in-presale-bitmart-listing-nears/">KangaMoon Raises $6.8M in Presale, BitMart Listing Nears</a> 
</blockquote>

Strategists Bet on Bitcoin to Beat Nvidia in Next Decade

The Crypto Times

在 2024年5月25日發表的其他文章

Ethereum Spot ETF Approval: Top 5 Altcoins Set to Soar – ETH, SOL, XRP, SHIB, and ARB

Coinbase Challenges SEC in Court: A Legal Battle Over Staking

This Altcoin Made a Huge Step Forward: Will It Close the Weekly Trade Above the Key Resistance?

Attention: Giant Bankruptcy Firm Starts Sales in This Altcoin – Holding 10 Percent of Total Supply

BlockDAG’s Dashboard Update Supports 30,000x ROI Forecasts Amid Shiba Inu Price Rise & Dogecoin W...

BlockDAG’s 35th Development Release Elevates Crypto Mining as Presale Surpasses $32.7M

訂閱免費電子報，每天收取加密貨幣最新動態！