Quote from: HiBlocks on June 05, 2019, 03:11:24 AM

Might be better to use gold. Gold market cap is $7 trillion. By that calculation, given the presumed eventual total Bitcoin supply, a single bitcoin should be currently worth $333,333.

I don't know why you'd use gold as a comparison for Bitcoin, considering that Bitcoin is supposed to be used more as a currency, or at least a method of exchange free from the confines of fiat transactions. Plus, your method of comparing Bitcoin and Gold is flawed, as you're still pricing everything in fiat. Just compare it to fiat from the get-go and you're making a far easier comparison.

Quote from: Astvile on June 05, 2019, 02:00:56 AM

ROFL,
You forgot the main thing that dictates the price on everymarket,the demand.You cant just simply calculate things and convert it to something,if then we all people should have been rich no one is starving no ones poor.Math isnt everything dont put money fortune on just pure calculations

Calculations mean a lot when it comes to wealth, and you can almost predict everything wealth-related from it. Finances are based in math, and you can almost calculate every possible financial outcome using math. Demand can be calculated too, and it's used when determining a price point for a good or service in the financial world. There are entire books dedicated to the study of that one specific type of calculation.