Hi folks,
It is been several times on this forum I read "Bitcoin is too expensive now", and every time I reply that it is just a matter of supply and demand and nothing else. Noobs get "impressed" by the $7 000 number (or 5 / 6 000 whatever) without thinking properly IMO. This number of 7 000 means nothing if not put into comparison with all the different markets in the world.
This
article will save me from writing more. Please read and see how tiny Bitcoin is when compared to other markets.
Enjoy, and I hope it will educate some.
One last thing: this is the reason why (IMO) Bitcoin has a huge potential in price in next 5 years. This is my personal opinion and not a recommendation to buy.
Regards.