I agree with this, i know that there was a formula to calculate all this thing, but i do not remember how it was done and i am too lazy to search it, because it was on the forum, posted a few months ago.
That magic formula you can't remember is (price of coins) x (number of coins in circulation) = market cap price.
When it hits 1,000,000,000,000, what will be the BitCoin Price?
My Guess: 25,000 USD
BTC Dominance?
My Guess: 49%
Redo the math cause you're failing terribly.
At a 49% domination , and 1 trillion market cap
BTC would have a market cap of 490 billions.
With 25 000 price per
BTC it would mean 19, 6 mined coins ....and we only have 16,7 mined.
So there is no way what you say it's going to become reality.
Thank you stompix!
how do you know that when the market reaches 1 TB, there would be 19.6 mined coins?
)
Well, aside from these: my guesses, as you have already realized for sure, were rough guesses.. without any "good-math" (normal, regular math
involved indeed.. just "guesses".. and I`m in fact very excited about these, all, and follow the prices, market cap, where comes goes to etc etc daily, like crazy and like to guess like this: in a way in my style crazy. The whole thing I mean.
I`m living in a time that banks give 1% for 1 full year if you keep your hard cold cash money, fiat money I mean there, without touching, by promising them, at least 1 full year for waiting for your money to grow +1%
in that time of course I get (you get, he she gets, even the bank workers, bus driver I see in the morning, my mom, everybody on this planet, if it`s oval, round, flat or whatever, without any difference, religion, race, rich or poor, everybody gets +1 years, OLDER and for that, banks pay, gives, offers +1%
One transfer sometimes takes 3-4 days. They are not working on Saturdays, evenings, Sundays, when there is some holy holiday (think about you`re an atheist and think about the majority of the country is celebrating some man`s coming from skies and doing this or that, giving choclate etc I don`t know and because of that banks are not working for 3 whole days, for example) (I like chocolate)
They ask you how and when did you find that money, or if you transfer some bigger money, not hundred thousands I mean, just maybe your salaries 3x, in one time, they may ask you, where did you get that money. They can stop your activities. They can block your account.
On the other hand, there is this crypto currency things and not only bitcoin, but also there are many other technologies evolving here.
When the market cap grows, it means fiat money comes in to this.
It means, usd, euro, whatever "they" own, comes into this.
It means, the change.
Change, finally for something in real. In many things, for real.
Not like by voting, having the right to choose your master.
This time, it seems to me, we, people have something here and we change the life we live on, or built for us. Not by rioting, not by protesting or shouting.
Some tech guys from Berlin for example (IOTA people) changed some. Some from Japan (Cardano is from Japan, no?) changed some.
In market cap, in all. Some from Russia, Ethereum is Russian based, no? Some from, you got the idea.
You know Gulliver, Gulliver`s Travels.. the giant there. It`s like when the market grows, the giant gets strenght.
That`s me, in this story. I`m Gulliver. I bounded by dwarfs. Watching them, watched them for years, with their ropes, making me powerless, stopped, bonded.
Now, my time is coming. I`m very excited about this, as I said. So I make crazy guesses, without caring about the math much.
When it hits 1 TB, I hope it hits very hard, like a big giant punch and then another and then one more.
