Market cap of Bitcoin sure is tiny...just sayin'

[TonyT]

eh there at least 3~5 orders of magnitude left for btc to grow into

3 orders of magnitude is 1000.  So if BTC is $400 today it will be worth $400 000 a coin then.  Five orders is 100000, so btc will be worth $40,000,000 a coin.  Forty million a coin!!!  I will be rich with my tenth of a BTC coin holdings!

Some people think that is rich and some don't. Some people are not happy without many billions. Someday it will be trillions. Besides, he said 3-5, not absolutely 5.

In today's money, 400k a btc --that's three orders of magnitude--is rich by anybody's definition.  However, if we are assuming hyperinflation in the future, then taking about the price of btc is meaningless, since an apple will cost a million dollars and so on.

I myself bought more bitcoin recently...so I can spend it with certain btc merchants that sell products and services I like.  I do have some btc for speculation but that's not the only focus for me.  Good luck!

[cbeast]

eh there at least 3~5 orders of magnitude left for btc to grow into

3 orders of magnitude is 1000.  So if BTC is $400 today it will be worth $400 000 a coin then.  Five orders is 100000, so btc will be worth $40,000,000 a coin.  Forty million a coin!!!  I will be rich with my tenth of a BTC coin holdings!

Some people think that is rich and some don't. Some people are not happy without many billions. Someday it will be trillions. Besides, he said 3-5, not absolutely 5.

In today's money, 400k a btc --that's three orders of magnitude--is rich by anybody's definition.  

Not to them. Besides, with 400k per bitcoin that's only about 5,000,000,000,000 market cap. The Federal Reserve lost and can't account for 3 times that much and nobody cares. That's just not much money.

[FNG]

Netflix lost more than bitcoins entire marketcap in a day

2 days ago

[CryptoCarmen]

eh there at least 3~5 orders of magnitude left for btc to grow into

3 orders of magnitude is 1000.  So if BTC is $400 today it will be worth $400 000 a coin then.  Five orders is 100000, so btc will be worth $40,000,000 a coin.  Forty million a coin!!!  I will be rich with my tenth of a BTC coin holdings!

You are rich already.

[Dalmar]

Those tech stocks can be bought at legit exchanges, while with bitcoin you have to deal with shady Eastern European and Asian exchanges. Nobody is going to send billions to the likes of btc-e and okcoin.

Comparing bitcoin to tech stocks is futile.

[ssmc2]

Those tech stocks can be bought at legit exchanges, while with bitcoin you have to deal with shady Eastern European and Asian exchanges. Nobody is going to send billions to the likes of btc-e and okcoin.

Comparing bitcoin to tech stocks is futile.

For now...

[FNG]

Those tech stocks can be bought at legit exchanges, while with bitcoin you have to deal with shady Eastern European and Asian exchanges. Nobody is going to send billions to the likes of btc-e and okcoin.

Comparing bitcoin to tech stocks is futile.

For now...

Foresight pays off. It's extremely irritating to read comments from people who made it to bitcointalk / /r/bitcoin but then cannot envision that the infrastructure. How did you land here?  Especially when hundreds of millions of $'s from top name VC's are flowing in this direction.

Anyways..after the approval process you can buy a decent amount from coinbase. $50k a day?..or did they change it back to a week now

[maker88]

Those tech stocks can be bought at legit exchanges, while with bitcoin you have to deal with shady Eastern European and Asian exchanges. Nobody is going to send billions to the likes of btc-e and okcoin.

Comparing bitcoin to tech stocks is futile.

tech stocks would be better compared to stock in bitcoin exchange companies or stock in bit pay or other bitcoin related businesses. bitcoin would be better compared to the internet upon which those tech stocks based their businesses.