Quote from: plainsight on September 19, 2019, 06:33:00 AM

Hey guys, Vortex on this podcast says bitcoin will likely be taken more seriously at a Marketcap of 1 Trillion USD.

https://youtu.be/ewOGlF_AVUg

So, back of the envelope calculations put the price around 55 000 USD if we get to that market cap. Wow, if we can get there... I guess the FOMO would blow off the charts! Me thinks if we hit that we won't stop there!

$55k is a realistic price IMO, we are not far from reaching it. But do we really need all that hype around 1 Trillion? We should first come to a conclusion on what we understand by Bitcoin, what its purpose is, etc. Because you see if we are pushing for mass adoption, we gotta make it possible. And currently, Bitcoin handles way less than enough transactions per second, so real regular usage won't be possible until there's a popular off-chain solution, for instance. And if we don't want mass adoption, then we should not be interested in more attention to Bitcoin that will come along with the high price.