Quote from: FanatMonet on February 18, 2020, 12:04:25 PM

Quote from: gentlemand on February 18, 2020, 01:10:43 AM

If it ever gets there I'll be very interested to see how it compares in market depth versus those markets nominated. My feeling is that it'll still be pitiful.

It could reach $100,000 in a few hours tomorrow. All it needs is a lack of sellers and a surfeit of buyers. Even if flashy figures like that are reached they don't mean all much until the markets are much deeper, broader and more accessible.

Honestly, in such a situation on the market, any product will grow absolutely, be it Bitcoin, some altcoin, or even something from the real sector of the economy.
Here another problem arises, namely the soap bubble, when everyone buys and buys in the hope of profit, but it cannot go on like this forever, and ultimately it can be very bad. Best of all is systematic growth.

According to statistics back in 2018, only 0,5% of world population were in blockchain/cryptocurrency. Half of the world population does not have access to internet and digital media.

Which means the 50% of the world does.

That would make the total users/adopters close to 1%, technically.
This still leaves a window of opportunity at 49% of market potential or even more, depending how much more users gain access to internet and digital media in the future.

On paper, there is a HUGE untapped potential for mass adoption, but not everyone from those 49% will be interested in blockchain/cryptocurrency, logically.
But there are some who eventually will.