If bitcoin can account for even 10 percent of the global offshore banking industry, bitcoin’s market cap can surpass $3.2 trillion. Based on the fixed supply of 21 million, a $3.2 trillion market cap values bitcoin at $152.380.
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that makes sense! especially comparing BTC to gold rather than other coins. Let's hope future markets will not destroy this fantasy...
What do you think: could it happen, that excessive shorting = price dumping is making the mainstream people now entering the market lose interest in bitcoin?
Thanks for sharing
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What I know is there are many hedge funds and institutional companies waiting outside this market. Once the BTC price drops quickly in the short run, these experienced financial companies will fly in. If you believe the future belongs to blockchain and cryptocurrencies, a portion of your own money should be invested in cryptocurrencies expercially BTC. 😆😆
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