For 1 Bitcoin to be worth $1,000,000, the total market cap of Bitcoin would have to be $21 trillion dollars. What are the odds of this happening?
For reference, the amount of physical $dollars and coins in circulation are around $1.2 trillion. The global M2 money supply of all currencies are around $45 trillion. The market cap of all mined gold is around $7 trillion.
Will 1 Bitcoin be worth a million dollars? Half a million? Thoughts?
The price of bitcoin as of now is 11876.42 but here on the my country almost half a million , so yes I think in future bitcoin value will be half of a million or should I say a million , you see some changes right , I look at some post here they said bitcoin wouldn't reach it but look at now.