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RE: Mike Novogratz - "This will feel like a bubble when we are $20 Trillion"

in #crypto6 years ago (edited)

I watched the interview too! He was really promoting EOS at the beginning. I didn't know he has been in Crypto since 2012. I liked how he said the crypto markets are a lot like macro trading because of "momentum".

That's crazy that the potential market for crypto is $20 trillion :O. I'm expecting conservatively somewhere in the $3-5 trillion land in 2019/2020. Based on the NASDAQ hitting $3 trillion in 2000, and with today's inflation that could be $9-10 trillion if we are comparing apples to apples.

I've never heard of the Uber concept. It'd be great to have a liquid marketplace available to the public. It's just a theory for now!

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Novogratz said the Nasdaq hit $6 trillion in 2000, though I haven't verified that number.

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