Dude, you are way off. I mean really. You should look at the marketcap of a crypto. Smaller cryptos can still grow like this, but the big ones can't. There is only so much money in the world.
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Dude, you are way off. I mean really. You should look at the marketcap of a crypto. Smaller cryptos can still grow like this, but the big ones can't. There is only so much money in the world.
Not sure if you commented before or after I made edits as I found some errors including Steem Q4 prediction and forgot to dress up some of the fonts. You're right there is only so much money in the world, around $5 trillion according to the Bank for International Settlements.
In order for Sia to reach my target for 2018 Q4 it would need a marketcap of around $86B - to put that into perspective, Amazon's marketcap is $309B.
In order for Steem to reach my target for 2018 Q4 it would need a marketcap of around $10B - to put that into perspective, Twitter's marketcap is $18B
Does a marketcap for Ripple alone of close to 2 Trillion seem right to you?
Like I said - everything sounds impossible until it is achieved.
Apple on the 17th December 2017 hit a record of $909.8B market cap.
PetroChina on 5th November 2007 hit a record of $1 trillion market cap.
According to Bank for International Settlements there is $5 trillion around the world.
According to the CIA, the total amount is $80 trillion if you include "broad money."