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RE: Bitcoin to hit $250,000 by 2022? It might not be as crazy as it sounds...

in #bitcoin7 years ago

250,000 for one Bitcoin just means that the Bitcoin's market cap is HALF that of the gold market cap. It means that Bitcoin is worth 30 times more than today - or about 4 trillion market cap. That is NOTHING for a revolutionary technological advancement. But it's a lot for a failed crypto currency. We will see how Bitcoin keeps up. I'm sure there will be cryptos worth 2 or even 4 trillion in terms of market cap..will it be Bitcoin? I would not bet my dick on it.

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