Putting A Value On Bitcoin / Cryptocurrency

I've been thinking about putting a value on the cryptos, what the heck are they worth really. If your buying something, you need to put a value on it.

The amount of narrow money that is held in banks and wallets, under mattresses and in piggy-banks around the world: $31 trillion.

'Narrow' money is defined as physical money: the coins and notes that used to be the standard form of currency before the rise of more derivative forms of payment, such as checks and electronic forms of money

Broad money is a measure of the money supply that includes more than just physical money such as currency and coins (also known as narrow money). It generally includes demand deposits at commercial banks, and any monies held in easily accessible accounts.

http://www.businessinsider.com/bitcoin-compared-to-all-of-the-worlds-money-2017-6

• World Narrow Money: $31,000,000,000,000

• CryptoCurrency Market Cap: $136,919,013,412 add a zero? = 3% total world narrow money supply add 2 zeros? = 44% total world narrow money supply

• Bitcoin market cap: $65,980,283,070 circulating supply - 16,575,087 BTC

• Bitcoin Price - $4000 add a zero = $40,000 add a 2 zeros = $400,000

• Take into consideration a lot of the cryptos are junk……… lets put 2 zeros behind $100,000,000,000 (round number)

This would include:

Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Dash, Nem, Monero....... maybe a couple others (just using rough numbers)

I wouldn't count the tokens in this, tokens are more like income producing instruments....... my opinion.

• $10,000,000,000,000 = 30% total world narrow money supply

In ending - who the hell knows

A ten bagger from here should be easy enough........... perhaps.

After that, it would be harder to make a buck

The easy money has been made already, If you want to call it that, considering it was like riding a wild stallion the whole time.