So I was thinking.
According to Google, the 2013 estimates of total m2 money supply in US was 10.5 trillion. So if I owned 1 usd today that would be a so a very small percentage of the total number, yes?
But I can own 1 bitcoin today and that means I can own 0.0000048% of total btc supply..
If you think about it, 0.0000048% of total US m2 money would be 504,000 usd.. half a million
So can we say that 1 Btc = $500,000?
Lets discuss..
few edits
with low supply sometime there is situation when the demand is so huge and the supply is very small and most of the people are holders which mean almost no way to buy coins....this kind of effect drive the value of the coin so high ,
in huge supply coins with billions its never will happen and they need marketcap of trillion of trillions to get small price per coin and demand will never will be huge compare to supply in 30,40,60,100 billions coins,,,,relative to amount of people and other stuff.... the effect that happend to zcash cannot happen on huge supply coins....simple if somebody dont get it just say i will explain more deep
but with low supply there can be effect when the price of coin surge so hard because the demand is so huge and the supply is low....and no body sell them its sky rocket the coin...
zcash spiked to 2.3 milion dollar per coin and was have much but much less marketcap and volume.... then bitcoin and others...
very interesting