Post
Topic
Board Speculation
Re: Hello $2500
by
shark32
on 04/11/2015, 17:05:52 UTC

I wouldn't say $2500 is easily attainable.  That would raise the btc market cap from roughly $6 billion to roughly $30 billion.

If you think $24 billion is easy to come by, well then pm me, I have some bridges for sale.

While I'm also sceptical about breaching the 2k mark on this runup, your math does not take hodlers into consideration.

If 50% of the coins would not be sold during the rise, the capital needed is actually "only" $13 billion

I'm not sure if my is correct here as I'm too lazy put some effort in it right now, but heres another example to make my point more clear:

If all of the sudden there wouldnt be any possibility to trade btc any more but local bitcoins and one crazy guy would pay $2.5k for the last available bitcoin, the market cap would rise to 30bn just based on this 2.5k injection.