Bitcoin Expert Predicts A $100 Trillion Market Cap

Nobert

Nobert

Article : https://www.cnbc.com/2021/02/23/mic...itcoin-100-trillion-market-value-one-day.html

Im not that good at math, but something doesn't make sense in this prediction.

Maybe this ?

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But based on Crypto-Expert, it makes perfect sense, so 100 Trillion it is.
 
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S2007S said:
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Two average crypto experts laughing at W.Buffet because he called BTC a rat poison.

They used their wallets and found out, that it doesn't kill rats, thus now they laugh at him for being so stupid.
 
Hypothetically you can have a 10000 trillion market cap or whatever because it is a valuation, but it doesn't mean that everyone will be able to exit at that price.

Locked out of reading article due to adblocker, but MicroStrategy is almost entirely a BTC proxy at this point so they are certainly talking their own position.

Edit: Actually I can, anyway it was quite predictable stuff "gold is X large so of course BTC can be 10X bigger, etc".
 
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It makes sense. Let's say I create 20,000,000,000 tokens on the Ethereum blockchain using DeFi. I sell to Nobert 10,000,000,000 tokens for $1. Nobert sells back to me 1 token for $10,000 (come on, it's cheap because it will be worth $100,000 in a couple of months). Based on our last transaction, our current book value is:
$200,000,000,000,000 or $200 trillion! Besides, everything is legit and certified by the Ethereum blockchain!
 
Snuskpelle said:
Hypothetically you can have a 10000 trillion market cap or whatever because it is a valuation, but it doesn't mean that everyone will be able to exit at that price.

Locked out of reading article due to adblocker, but MicroStrategy is almost entirely a BTC proxy at this point so they are certainly talking their own position.

Edit: Actually I can, anyway it was quite predictable stuff "gold is X large so of course BTC can be 10X bigger, etc".
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We would land into history books like some Wright Brothers, so im all in.
 
Saylor laid out his grand vision for bitcoin a day after Treasury Secretary Janet Yellen once again raised questions about the digital coin. Yellen said she was worried about its role in “illicit finance” and the energy consumption used to mine bitcoin.

“It is a highly speculative asset and you know I think people should be aware it can be extremely volatile and I do worry about potential losses that investors can suffer,” Yellen, also a former Federal Reserve chair, added at Monday’s New York Times DealBook conference.
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It would sure be nice if she stopped worrying about illicit finance, energy consumption, and investor losses in a decentralized asset she's got no control over anyway. Dear Mrs. Yellen... How about worrying about the currency you're actually responsible for instead of the one you're not?
 
Baron said:
It would sure be nice if she stopped worrying about illicit finance, energy consumption, and investor losses in a decentralized asset she's got no control over anyway. Dear Mrs. Yellen... How about worrying about the currency you're actually responsible for instead of the one you're not?
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Bless you kind sir for posting the only thing that is indicative of this market versus all the salty nocoiners
 
Baron said:
It would sure be nice if she stopped worrying about illicit finance, energy consumption, and investor losses in a decentralized asset she's got no control over anyway. Dear Mrs. Yellen... How about worrying about the currency you're actually responsible for instead of the one you're not?
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LOL, yup. Focus on your actual job Yellen, FOCUS...
 
Well look at the way she handled mishandled her previous gubmint job.

And to be gender-neutral the job Benny and Greeny (and now Jerome) did during their terms.

Is Volk still above ground?
 
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