🔥 How bigger can Bitcoin be? 1,000,000$ possible?

Hello!

It is not easy to put the fair value of an asset, for this reason the prices in the markets change constantly. To get an idea of the value and potential that Bitcoin has, we have to compare it with other assets or other financial instruments.

Bitcoin is always compared to gold, currently with a capitalization of around 10 Trillion dollars. But for a long time, a large number of people think that due to its qualities, its value can exceed this 10 Trillion. Bitcoin is in many ways better than gold, and therefore its value could be higher than gold, but ... what's the limit?

Bitcoin is also known as Gold 2.0, this is going mainstream lately and more and more people are spreading the message. The Winklevoss twins are some of the personalities that share this message with their followers.

Take a look at this picture that shows the value of Bitcoin compared to other assets.

Source

Bitcoin - 750B (Actually less, around 700B)
Gold - 10.9T
Stocks - 89.5T
Money Supply - 95.7T (M2)
Global Debt - 253T
Real State - 281T

Given their properties it doesn't seem unrealistic to say that Bitcoin can be ranged between 11 Trillion and 89 Trillion quite easily. This will put Bitcoin between Gold and Stock, and it would be a good valuation.

This will put Bitcoin price between 500,000$ and 4,500,00$!
This prices are shocking given the current 36,740$ price, but it can happen sooner than most of you can imagine. In fact, I think that we will see this level of prices before the end of the decade in 2030.

Hopefully I am right, this is saved forever in the Blockchain and I can come back and tell everyone I knew that was going to happen.

Enjoy! 😊

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hi @resiliencia,@chesatochi

I don't see it happening ever. What would be market cap if BTC would go all the way to 1mln?

I think that would mean, that BTC market cap would be great number times bigger than entire gold market cap.

Not possible.

Dear @crypto.piotr,
In this matter I disagree with you. I think that Bitcoin will be Gold 2.0.
It has more properties than gold, and I think it can surpass their market capitalization. With Bitcoin at 500,000 it will have the same market cap than Gold.
I see it going way further.
Only time will tell! 😊

Dear @resiliencia

Don't take me wrong buddy. I also agree that BTC will be considered by many (including me) to be Gold 2.0.

It has pretty much all Gold features and is more convinient to transport and liquidity is only growing.

However, GOLD total market cap is approx 11 trillion. So my question is: what would bitcoin market cap be if BTC would grow to 1mln? Around 27 trillion?

My question is: HOW could we ever get there? Even if ALL wealth stored in gold would be moved to bitcoin - we would not get half way to reach that target.

For that particular reason, I do not see it ever happening.

Cheers, Piotr

If Bitcoin hits 1,000,000$ mark, their market capitalization should be around 18,7 Trillions.
This is not doubling the market cap of Gold which is 11 Trillion.
I think this can happen sooner than later. We could get there if some money from institutions starts flowing to Bitcoin. Actually there are Trillions of dollars in state bonds that are yealding 0 or almost 0.
This can flow rapidly into Bitcoin, and at some point a part of that will come.
We just have to be patient!

Everything is possible!

To the infinite and beyond!

Bitcoin can reach to an unexpected limits but we need to have paitaince.

Strong HODLers will be compensated heavily!

One thing is nobody knows the future but one thing I am quite sure of is that BITCOIN will still be much more worth bigger than the present worth it has now

the possibilities are endless and I have no doubts that prices will skyrocket, I just hope we can get our hands on a sufficient amount of btc.

Keep stacking sats no matter what!