Post
Topic
Board Speculation (Altcoins)
Re: WILL THE BUBBLE BUST OR NOT
by
wawaTwice
on 05/07/2017, 21:01:18 UTC

I like this image. Actually, this image explains why some shitty pseudo great mind (Snapchat's First Investor) said that
1 bitcoin could be worth 500,000 USD by 2030. How did he come to that conclusion?

Take gold market-cap: 8.2T$
take bitcoin market cap: 42b$

8200/42 = 195

and 2600$ (price of 1 bitcoin for a market-cap of 42b$) x 195 = 507,000$


I don't say that bitcoin won't worth 500,000 USD in 2030. Nobody knows the future, I just explain how such douche bag
can make such prediction. It isn't rocket science and it is not because one Investor says this based on simple maths that even a 5 years old boy can handle
that it will likely to happen in the future!