Quote from: Lucius on September 18, 2018, 10:17:38 AM

Interesting speculation by Tim Draper, it would really be huge crypto market if we compare it with today's market value. He is always very positive toward cryptocurrency and his last prediction in April of this year was 250 000$ by 2022, but since time frame for this is 15 years it is very hard to say how much he is right or wrong. This can happen only if cryptocurrency become something generally accepted in all the sectors he has mentioned.

I like Tim, but he's preaching too much speculative oinkie oinkie language in my opinion.

I rather see these perma bulls actively highlight how important it is to have people at least hedge a part of their fiat wealth using Bitcoin. Governments will mess up, and we'll yet again face tough economical times which as always, hits the normal folks the hardest. I did so years ago already and I'm pretty close to a point at which even if the economy around me collapses, I'm not much affected by it.

I'm not going to wait for governments to mess up. I know that it will happen so I took the right measures beforehand. People should do so too.

Quote from: Lucius on September 18, 2018, 10:17:38 AM

How much value would have a BTC in such huge crypto market, I guess maybe close to 1$ million or something like that - in next 15 years 99% of all BTC will be mined and most today's altcoins will be dead.

With all coins minted, and a value of $1 per coin, we're talking about a $21 trillion market cap. Based on Tim's $80 trillion estimate, that would put Bitcoin's market cap dominance close to 26%. Gold's current market cap is $7.3 trillion.

Let's first see Bitcoin hit $100,000 first before dreaming of $1 million.