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December 07, 2017, 04:33:24 PM |
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Hi,
Just to focus on the fact that you barely hear or watch really objective point of view regarding Bitcoin :
everyone (not in the community for a while at least) is talking now about crazy price of BTC. For sure it's high when you say : BTC à 5000$, BTC at 10000$ and now BTC at more than 15000$ !...
BUT that figure is not the good one : the only one important is the marketcap .
Indeed imagine if the total supply of BTC was 21000, the price price of 1 BTC would be : "only 16$"...
Would still a lot of people and medias talk constantly of a bubble (so many still don't know you can have only 1 satoshi...)?? With the same market cap and the same rate of growth but a price at only 16$ ??
I'm not sure...
But it's perhaps better like this because even with that it's already growing sooooo fast !...
Finally when we look at the marketcap vs gold market vs fiat market ... : the road will still last for a long time !
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