Post
Topic
Board Speculation
Re: $1300 btc and 15b market cap
by
proudhon
on 06/12/2013, 15:11:30 UTC
http://www.coindesk.com/bank-of-america-bitcoin-growth/
http://www.businessinsider.com/bitcoin-can-be-the-new-western-union-2013-12

Assuming Bitcoin becomes (1) a major player in both e- commerce and money transfer and (2) a significant store of value with a reputation close to silver, our fair value analysis implies a maximum market capitalization of Bitcoin of $15bn (1BTC = 1300 USD)

Comments?
how close are we to those goals any way?

I could see us busting through $1300 but it seems like a nice safe number to hit.

This is wonderful.  Now we know exactly how much a decentralized ledger system is worth, and we're almost there!  Almost done folks.  And all before we even came out of beta.  Well done, everyone.  Well done.  So, what's our next project?