Looks like this is just for fun because you estimate that bitcoin will be trading at almost $1m in 10 years, which would be very difficult to achieve and I'll tell you why. In the last 10 years, so from 2015 -2025 bitcoin's market cap grew from 3.5 B to 2.2 T USD. That would have to go up 10x in the next 10 years. meaning we'd need an inflow of additional 20 T USD!
To give you a perspective, when ETFs entered the scene in 2024, over the course of another ~20 months, the market cap grew by 1.2T, so we'd need to almost double that and not per 20 months, but every 12 months to reach 20T in 10 years. Where do you expect this money to come from?
Are we going to have a never ending bull season from now on with inflows raising exponentially?
What do you expect happens when we go into a bull season ending in $300k in the next 2 years? Because the way I see it we're going to have a reverse FOMO into a bear market because everybody will want to sell some.
Your math seems to count only for a constant growth over the next 10 years which isn't going to happen.
Not only OP, many people on the forum also set similar expectations and goals. Many believe that bitcoin will be able to reach $1 million in the next decade or surpass gold, which I have never agreed with.
No offense but it seems like a lot of people don't understand what numbers mean, and they just think that bitcoin can easily go from 0 to $100k in just 16 years. There is no reason why bitcoin can't increase x10 in the next 10 years, but they forget that market cap is what matters here. We need 21 trillion for bitcoin to reach 1 million and I want to ask them the same. Where will we get that money in 10 or 20 years?