|
Title: Re: What would a fast exponential run-up look like? Post by: ianbakewell on February 12, 2013, 08:59:42 PM For the Bitcoin network to become a value store worth $100 Billion
(a relatively small amount of cash when looking at companies (paypal/ebay has 73.5bil market cap) and a dismally tiny fraction of any real wealth (APPL has more than 100bil cash on hand)) each bitcoin would need to be priced at upwards of $3000 If the price doubled every six months it would still take three years to get there. I personally think we will get there much quicker than 2016. |