Post
Topic
Board Speculation
Re: Crypto Market Will ‘Absolutely’ Grow 1000x and More
by
forked human
on 06/10/2018, 11:30:15 UTC
Just don`t wish it next year, but in next 20 we will have a lot more coins and tokens, many halvings, and more people in crypto.
20 seems reasonable time period to have such a big growth. We also have to understand that not everyone globally is absolutely going to end up being in this space, as some will be limited, accessible to some, and it would be a personal decision for some. Also in this case, we are talking about the whole world moving into the crypto space, with a market cap like this, and I wonder how that in itself is really going to work out. Do we even have up to 204 trillion dollar in the whole global market?

to reach 204 trillion market cap you don't need money! you just need to create a lot more shitcoins and increase the supply. it is a simple formula that can easily be manipulated. you have x and y that you multiply and get the total market cap you need money to increase x (being the price) but since you can't do that you increase the other variable which is y (being the supply) and you easily get the huge number. just like what happened last year.
Hmm. That is actually one way to look at it. Increasing the supply could actually work, but what still makes me not dig that much is that, even if the supply is increased, the coin will be in the market, and then, those who are buying it are definitely doing so with money isn't it? Or maybe I am getting myself more confused here but in reality, someone would have to be paying for something for it to even have value in the first place but I totally understand how that can balance up in a way with the increase in supply I guess.