Post
Topic
Board Economics
Re: Market cap of crypto 1% of worldwide stock market cap
by
Silberman
on 12/01/2018, 23:47:38 UTC
What is everybody thinking about the fact that the total market cap of crypto is about 1% of the worldwide stock market cap. I would argue that viewing it that way, it’s hard to avoid talking about a bubble. I would suspect a huge correction at some point. Do you guys share that view or do you think I am missing something?
That is interesting and a new milestone that crypto has reached but I will be more interested when bitcoin reaches the 1% of the total money supply which is a lot bigger than that, when that happens bitcoin another cryptos will go up considerably and that point bitcoin will be one of the most important currencies worldwide.