Bitcoin Expert Predicts A $100 Trillion Market Cap

Discussion in 'Crypto Assets' started by Nobert, Apr 28, 2021.

  1. In 463 days the Stock to Flow model predicts BTC to $100k
    Screenshot 2021-04-29 at 12.01.12.png

    The CME has just announced a micro futures contract, tradeable from May, which will increase awareness, adoption and general liquidity of all things Bitcoin. As their big BTC futures contract is now too expensive for most traders to get involved with.
    BTC is approaching the market cap of Gold, so unless Gold can get out of the 2k-1.7k range, BTC could be a legit store of wealth sooner rather than later.
     
    #41     Apr 29, 2021
  2. Nobert

    Nobert

    I think it's more likely a country or even few.

    Which one/s, how do you think ?
     
    #42     Apr 29, 2021
  3. Snuskpelle

    Snuskpelle

    I watched a documentary on this recently. Some scientists now think that we are _actually_ less violent and more controlled (less impulsive/emotional) than several hundred years back. A key change is that violence and lack of self control started being punished by society, making self controlled individuals more likely to survive to the next generation.
     
    #43     Apr 29, 2021
    Nobert likes this.
  4. virtusa

    virtusa

    I have no idea
    I would logically think the nationality were the biggest wallets are originated from. Chinese are by far the biggest BTC holders.
     
    #44     Apr 29, 2021
    cesfx likes this.
  5. Nobert

    Nobert

    Hmnn. Wouldn't US ban it in a second tho ?

    Besides all of the global bad guys like Iran, Russia, China etc. have strict laws when it comes to it, comparing with western world.
     
    #45     Apr 29, 2021
  6. Nobert

    Nobert

    And society is run by the system.
    (Those got improved in the last few centuries)

    In the times of war, when system collapses, - our true nature shines once more.
     
    Last edited: Apr 29, 2021
    #46     Apr 29, 2021
  7. virtusa

    virtusa

    US should indeed ban it for national security.

    That's logical as they want to keep 100% control of the country they control. For them it is easy as they are dictators. They just liquidate opponents if they make problems. Look at Navalny in Russia.
    That's more difficult in a democracy, and makes it also more vulnerable.

    Russia knows very well how dangerous a crypto is:
    https://bitcoinist.com/russia-fsb-wants-to-interfere-in-crypto-regulation/

    And to be prepared and keep the herd happy they give them a crypto controlled by Russia:
    https://www.dcforecasts.com/altcoin-news/russias-sberbank-wants-approval-to-launch-their-own-crypto/
     
    Last edited: Apr 29, 2021
    #47     Apr 29, 2021
    Nobert likes this.
  8. Nobert

    Nobert

    I have this little theory :

    https://www.elitetrader.com/et/threads/cryptos-to-control-inflation-part-2.358042/
     
    #48     Apr 29, 2021
  9. SunTrader

    SunTrader

    Amazing how many are so so so concerned about BTCUSD.

    What if it had never gone above the value of a bennie.

    A bennie for those who don't know is a Ben Franklin $100.00 bill.

    They would move on and find something else to be so so concerned about.

    Why don't you folks pretend BTCUSD crashed back down to $100.00 and move on anyway.
     
    #49     Apr 29, 2021
  10. What are you talking about? BTC mining right now already consumes more energy than the one consumed by several countries combined. And you compare it to a few soda bottlers and potato chips makers? Lol

     
    #50     Apr 29, 2021
    BONECRUSHER likes this.