Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
philipma1957
on 27/07/2023, 17:11:16 UTC
⭐ Merited by Biodom (1)
A general calculation of assets and BTC

 Total global assets ~ $900T

 Roughly ~ 15M available BTC

 If Bitcoin’s market cap acquires 1% of global assets, we have a $9 Trillion asset class.

 $9T / 15M = $600,000 BTC

 What are your thoughts on this


Where and how did you find the global assets are 900 trillion?

why do you think 15 million BTC are available?


https://www.blockchain-council.org/cryptocurrency/how-many-bitcoins-are-left/

19 million are mined no matter what anyone says all 19 million are 'possibly' available.

Ie all 'lost coins' could simply be recovered and reissued by developers.

so use 19 million not 15 million

as for assets here is an estimate for 520 trillion not 900 trillion.
https://finance.yahoo.com/news/25-wealthiest-countries-world-assets-121841637

"This study estimates that as of November 2021, the global 'balance sheet,' which comprises of the real assets in the economy as well as financial assets, had $510 trillion in financial assets held by corporations, $510 trillion in assets held by households, governments, and others, and $520 trillion in assets for the real economy."


So 1 percent = 5.2 trillion/ 19million = 273,684 USD a coin

vs 600,000 USD a coin

my ideas on 273k to 600k are:

in 2025 138k
in 2029 276k
in 2033 552k