Quote from: stupid_seb on August 03, 2017, 11:17:28 PM

Provocative title... but so true...

Today, the market cap off all the Cryptos is north of $100B.

It is EXTREMELY low compared to the values seen in the tech world (except for some shady ICOs ;-) )

In details, Bitcoin counts for $50B mk, and if we only take the top20 alts, we are at roughly $45B mk to add, the rest being peanuts.

If we take the biggest financial places in the world:
NYSE = $16T
NASDAQ = $7.4T
...
...
KOREA Exchange = $1.3T
... etc.

http://money.visualcapitalist.com/all-of-the-worlds-stock-exchanges-by-size/
There are 60 major exchanges in the world, with a mk of $70 Trillion ($70,000 Billion!)

There are lots of sh1t companies listed to the stock exchanges as there are lots of sh1tcoins on the alts-market, it's a "reasonable" statement to compare them as they both deal with a wide array of technology companies.

-> That means a market cap of cca. $13 Trillion to reach for the crypto market. Doable, at least on paper.
Compared vs today, that is a x130 factor vs. the current market cap of the "BTC+ALTS world"

That said, if you have $10,000 worth of BTC+ALTs, you should end with $1.3M in the next years if the market raises to the aforementioned levels.
Of course, not ALL your coins will raise, and you may lose a significant part of your portfolio... but even if 30% goes to dust (or to exchanges...), you should end up with the magic 7-figure.

Your thoughts?

P.S.: if we assume that BTC will continue to trust the top and will account for at least 30%-40% of the total marketcap, it means a BTC mk at cca $5Trillion
with 21M coins, that is $250,000 per coin. John McAffee is just x2 more bullish but we are in the same realm of figures; and he could be right...

I will be very happy if this is true, but unfortunately you are comparing apple to orange.

cychan2

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