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Title: year 2020, just 1% of all assets in the world make bitcoin = 140,000$ Post by: facenew111 on November 02, 2017, 05:51:04 AM year 2020, just 1% of all assets in the world make bitcoin = 140,000$
The total world assets* = $294 trillion Total amount of Bitcoins = 21 million 294 trillion / 21 million = 14 million $14 million = 1 Bitcoin 1% = 140,000$ Title: Re: year 2020, just 1% of all assets in the world make bitcoin = 140,000$ Post by: ahmad21 on November 02, 2017, 05:56:03 AM year 2020, just 1% of all assets in the world make bitcoin = 140,000$ Haha I doubt the analysis because I dont think the supply of assets is limited. And in any way you can relate it to the price of bitcoin. Who says to you that world has 294 trillion of assets? The total world assets* = $294 trillion Total amount of Bitcoins = 21 million 294 trillion / 21 million = 14 million $14 million = 1 Bitcoin 1% = 140,000$ Title: Re: year 2020, just 1% of all assets in the world make bitcoin = 140,000$ Post by: davis196 on November 02, 2017, 06:29:58 AM It`s wrong to compare bitcoin with assets.I still believe that bitcoin is a currency and you should calculate
bitcoin as a part of world`s GDP.I wish that bitcoin could reach that price,but unfortuantely it`s impossible. Too many other factors are involved like government regulations,mass btc adoption,altcoin competitors,blockchain improvement.... Title: Re: year 2020, just 1% of all assets in the world make bitcoin = 140,000$ Post by: Creepings on November 02, 2017, 06:49:48 AM year 2020, just 1% of all assets in the world make bitcoin = 140,000$ The total world assets* = $294 trillion Total amount of Bitcoins = 21 million 294 trillion / 21 million = 14 million $14 million = 1 Bitcoin 1% = 140,000$ Wow, that will be nice, though the usable bitcoin is not really 21 million. Wasted million. year 2020, just 1% of all assets in the world make bitcoin = 140,000$ Haha I doubt the analysis because I dont think the supply of assets is limited. And in any way you can relate it to the price of bitcoin. Who says to you that world has 294 trillion of assets? The total world assets* = $294 trillion Total amount of Bitcoins = 21 million 294 trillion / 21 million = 14 million $14 million = 1 Bitcoin 1% = 140,000$ Supply of assets changes, I've read this article a week ago : http://fortune.com/2015/10/14/1-percent-global-wealth-credit-suisse/, it's last year but the numbers are not that far and as you can see, the number increases. Title: Re: year 2020, just 1% of all assets in the world make bitcoin = 140,000$ Post by: Bittoshi on November 02, 2017, 06:56:30 AM That's the theory but would it work in reality? I think no because there are too many factors like governmental regulations or bans. In my opinion BTC will reach no much higher price than $50.000. Well, hopefully I am wrong. ;)
Title: Re: year 2020, just 1% of all assets in the world make bitcoin = 140,000$ Post by: Theb on November 02, 2017, 07:08:37 AM What is your basis of your assumption that Bitcoin will be worth 14 million dollars per Bitcoin in the future? Are you being too optimistic with your prediction about Bitcoin? Because it is 3 years from now and Bitcoin will still yet to hit the 7000$ mark. If I were you I will be realistic with my target price in order to don't fail in the future setting your target price into millions a coin is really too much.
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