This realtes to a recent discussion between Josh Sigurdson and blockchain expert Stephen Kendal over on World Alternative Media channel.
During the interview Josh Sigurdson conducted with blockchain expert Stephen Kendal, Stephen broke down his firm belief that Bitcoin would hit 1 million dollars and onwards based on both the mathematical fundamentals as well as the mass adoption we are currently seeing.
I checked recently the amount of money in circulation and in various accounts worldwide when converted into US dollars is an estimate $80 trillion.
If all bitcoins were mined (21 million) which may not happen for decades, and the bitcoin price was $1million each, then the total market cap would equate to $20 billion (of course you have to assume several million bitcoins are 'lost' permanently and no longer claimable)
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Bitcoin cannot surprise me anymore...
I'm holding till it goes to the moon, even if that means going down to 0 first!
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I sure hope so!