Post
Topic
Board Speculation (Altcoins)
Re: Anybody with $10,000 worth of BTC+Alts today should be a Millionnaire in 2025
by
puvanb
on 06/08/2017, 14:28:19 UTC
Provocative title... but so true...

Today, the market cap off all the Cryptos is north of $100B.

It is EXTREMELY low compared to the values seen in the tech world (except for some shady ICOs ;-) )

In details, Bitcoin counts for $50B mk, and if we only take the top20 alts, we are at roughly $45B mk to add, the rest being peanuts.



If we take the biggest financial places in the world:
NYSE = $16T
NASDAQ = $7.4T
...
...
KOREA Exchange = $1.3T
... etc.


http://money.visualcapitalist.com/all-of-the-worlds-stock-exchanges-by-size/
There are 60 major exchanges in the world, with a mk of $70 Trillion ($70,000 Billion!)


There are lots of sh1t companies listed to the stock exchanges as there are lots of sh1tcoins on the alts-market, it's a "reasonable" statement to compare them as they both deal with a wide array of technology companies.


-> That means a market cap of cca. $13 Trillion to reach for the crypto market. Doable, at least on paper.
Compared vs today, that is a x130 factor vs. the current market cap of the "BTC+ALTS world"

That said, if you have $10,000 worth of BTC+ALTs, you should end with $1.3M in the next years if the market raises to the aforementioned levels.
Of course, not ALL your coins will raise, and you may lose a significant part of your portfolio... but even if 30% goes to dust (or to exchanges...), you should end up with the magic 7-figure.




Your thoughts?

P.S.: if we assume that BTC will continue to trust the top and will account for at least 30%-40% of the total marketcap, it means a BTC mk at cca $5Trillion
with 21M coins, that is $250,000 per coin. John McAffee is just x2 more bullish but we are in the same realm of figures; and he could be right...


John McAfee was trolling he said $500,000, but in any case, it is very possible that $10,000 worth right now means a million in 2025. BTC will grow exponentially, it will not be some smooth walk in the park. It will hit the world like a storm, specially when we establish the second layer solutions such as the lightning network, and just wait for sidechains to kick in, it will be crazy the amount of technology that can be used with bitcoin by then.

The market will explode overnight with billions coming daily.

But just to be sure, I would aim to get $100,000 worth of BTC as soon as possible, then it's just guaranteed that you will be rich in 10 years.

$100,000 worth of bitcoins will guarantee that you will be rich in 10 years. That is exactly my opinion