Standpoint Founder: Bitcoin Asset Class Will Grow Into $2 Trillion Market .

in #bitcoin7 years ago

Forget $ 5,000

Many times bitcoin and other cryptokurabics are doing a short bit on the price, one bitcane bended one step forward. Standpoints Research Founder Ronnie Moas, Case CryptoWorks is not only a decade long trend, but a functional asset class.

In fact, he called for a massive increase in Cryptokworbach's market cap. His predictions? The total value of all cryptographic assets, valued at $ 150 billion today, will increase to $ 2 trillion in the next 10 years.

And in a new interview, Moas went to CoinDesk through his predictions, explaining how it is seen in the fundamental market in terms of its fundamental analysis and the larger macroeconomic trends he now places.

The standpoint founder's viewpoint has been contrasted with Peter Shiff's highly survived analysis, who said last week that "just general greed" Cryptocurrence is a bubble, a speculative frenzy and a natural pony project.

In the broad sense, Moas during the 1990's Silicon Valley is a current paradigm of cryptocurrency market as a direct parallel, when innovative castings create a breakthrough in new technologies that we work and live and transform and huge resources.

He explains:

"I'm not even more concerned with Bitcoin at record high than Amazon or Google investors when those jumper hundreds of share prices and hit many $ 100 and $ 200 many years ago. Today those stocks are over $ 900. The question is where we are - Where are we going? I do not think we are in the bubble. "

Roadmap for $ 2 trillion

How does Moas get the $ 2 trillion market cap for cryptocurrency in its forecast?

He currently started looking at the $ 200 trillion dollars invested in the capital market, including all major property classes: Cash, Stocks, bonds and Gold Moas, who started the breakdown of traditional markets in the equity market, which also he is currently overvalued with stocks.

According to Moas, the income of three-fourths of the S & P 500 is earned at least 18 times, which is more than 12 times the value of its value. He further added that in 20 months, a stock market was not fixed.

In front of the currency, due to inflation, the US dollar is losing between 1 and 2 percent per year. Moas also indicated that the dollar rate has lost its half because he had high school 35 years ago.

From a global perspective, where most people do not get access to US dollars, Moas believes that the case is more attractive for cryptocovers:

"Now imagine that they are thinking of their own local currency anywhere else in the world. According to you, you are living in Venezuela and you keep your money in the coffin. Do you want to go to Venezuela's Bolivar or you'll take it down, it will not take you too long to decide. "

His thesis breaks further, Moas believes that a conservative estimate that at least 1 percent of the $ 200 trillion bonds between stocks, cash, gold and bonds will migrate into CryptuCurroures in the next decade.

In this case, he said, "Bitcoin may end up with a market capitalization that is more than Amazon and Apple together."

In this situation, it means that the current market capitalization of cryptocovers will increase naturally.

And if Moas' market capitalization targets are correct, investors will get 1,250 percent today to invest an investment in their cryptocurrency.

Diversified Strategy

But he added a major warning to this prediction. Simply, "You've got to be the right name."

You accept to accept Mois' basic bull market thesis for Cryptocurrency, how do you know the correct "name" of cryptocurrency space is invested? And, if the market boom in cryptocurrency is similar to the year of the boom of the technology boom of 1990, how can you invest in the next Pets.com investment?

Moas frames it as:

"Many people say there's a bubble there, when you get down to the top 50 cryptokurabics, you'll see a bubble. Now there are more than 800. In my opinion, what happens outside the top 50 is irrelevant."

Maws has shown that 91 percent of the $ 150 billion dollar market is invested and 70 percent is invested in Bitcoin and Ether.

He recommends, for portfolio diversification, retail investors should invest in their interactive hedges and top 10 or 20 cryptographers.

In view of the Moas, 800 cryptographers are trading now that are equivalent to 800 stocks, which were available at NASDAQ at the height of Dot Com Bubble 20 years ago. Although Amazon and Apple and Microsoft were among the most valuable companies of all time, many companies died for a slow and painful death.

Or, as Moas puts it more colorfully: "Back then, hundreds of pumps and dumps, small cap jumps, such as crypto are today. Today, in the crypto market you are giving the same signal with the name Dash, Wave, Lightkayne, Monroe, Bitcoin, Orrem , No, name, iota and others. "

He adds that there are some risks involved in the cryptoconce investing, but its risks have exceeded the experience of Tech Stack in 10-to-one or 20-to-one drinks.

Bulled Case

Among all major cryptokwaniyuna, however, it seems to be very bullish in his outlook by rigging. Until underlying confidence is a big shakeup, he believes that investors are going to buy and hold for their portfolio for 10 years or more.

There are just 16 million bitcoins that have been issued a total of 21 million coins that are currently made that Moas points out.

In its analysis, it tries to hand over millions of people who are printed in millions of coins.

When asked for a specific value target, Moas is summarized as follows:

"At the beginning of July, Bitcoin was trading for US $ 255. I believe in the next three years that you will get $ 15,000 to $ 20,000 for Bitcoin, it can double twice in the next 36 months."

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Perhaps a bit harsh but come on, predicting a 10-fold increase over a period of 10 years in this digital space....

This is way underestimating the potential for cryptocurrencies. I side with McAfee here.

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