$1 Trillion Dollar Market Cap for Crypto's within 12 Months!

in #bitcoin7 years ago

$1 Trillion Dollar market cap is only 12 months away! The current growth of the Crypto currency/token market will reach a fantastic milestone of $1 Trillion Dollars by this time next year. We will hit $500 Billion Dollars by summer time (northern hemisphere).

What will the world critics of Bitcoin and crypto's do when this happens? They will eat their shorts, what else can they do? The block chain will go down in human history as one of the greatest inventions to have ever liberated mankind. An example of such a liberating invention would be the printing press discovered by Johann Gutenberg in the late 1430's. Interesting enough, he was desperate for money and on hard times when he invented the printing press.

His desperation lead to his ingenuity by designing replaceable type set metal letters that could be interchanged quickly and used repeatedly. Like the printing press of the 1430's, Bitcoin is an ingenious invention to revolutionize our decrepit, corrupt monetary system of today called FIAT money (paper money not backed by any precious metals or value of any kind). The block chain and Bitcoin came just in time. The world needs this technology now. Very soon, all Fiat currencies will reach their true intrinsic value of zero. If we did not have the block chain and Bitcoin, we would have mass global death and mayhem.

Today, we have global debt of $215 Trillion Dollars and a global derivative debt of over $2000 Trillion. These numbers are literally beyond our ability to comprehend. Take a look at this visual chart of the worlds money and debt markets http://money.visualcapitalist.com/all-of-the-worlds-money-and-markets-in-one-visualization/.
At the end of the chart on the far right, you will see one gold block that represents Bitcoin. Yes, we are $Trillions of Dollars away from Bitcoin or any crypto currency from being in a "Bubble".

When does Bitcoin enter a true "Bubble" market definition? When one Bitcoin reaches $12,800,000,000.00 Dollars per coin. Yes, that is right. Once Bitcoin reaches $12.8 Billion Dollars each, then we can say it is in a "Bubble". That is a long way from now. The crypto market will, by then, be well over $300 Trillion Dollars. Within ten years, we will be saying "I remember the days when Bitcoin was under $10,000.00" as people look at you and laugh saying "yeah right". People have short memories, people will argue that we remember Bitcoin being so cheap. That is why just owning 1 Bitcoin could generate enough wealth for 3 to 4 generations. When you think of it in these terms, is it still too late to get into Bitcoin? Absolutely not.

I might not be here when Bitcoin reaches $12.8 Billion Dollars each (perhaps 50 years from now) but my kids/grand kids most likely will. We need to think long term, not just in 6 month to 1 year when visualizing Bitcoin and crypto's. Try and think what the world will look like 10 years from now. That is when one Bitcoin will be $1 Million Dollars each. 10 years is really not that far off. Be patient and work towards getting at least one Bitcoin to secure your families future. Buy a portion of a Bitcoin each month and let time be on your side. Heck, even owning 1/2 of a Bitcoin will be a big deal 10 years from now.

images by: blog.itthinksolutionsonline.com, academeblog.org, modernsurvivalblog.com

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I hope your are right =), we need altcoins to pump more, bitcoin will not kill every alternatives, together we are more strong.

Yes, you are right. My article was meant to imply that Bitcoin and all other crypto's will hit the $1 Trillion market cap and eventually $300 Trillion cap all together as one giant crypto market

Yo ,
Very interesting read, Thanks you for sharing it!

You are welcome. Thank you for your comment. Have a great day!

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