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RE: BITCOIN at $500,000 in 3 years..!! "....if not, I will eat my dick on national television."..!! These are not my words but at $500k BITCOIN will still be CHEAP..!!

in #bitcoin • 7 years ago

@stephenkendal I am new to crypto and have a basic doubt. If Bitcoin reaches USD 1Mil then the total valuation of BTC would become USD 1mil*21mil= USD 21 trillion. Now that is huge, actually 30% of the world GDP. Is that even possible?

7 years ago in #bitcoin by
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     7 years ago  

    Yes. 100%..!! Considering that the Global UNFUNDED FUTURES LIABILITIES are a jaw dropping +$750 trillion and growing at an astonishing $7 trillion / year..!! $21 trillion is pocket change..!! Stephen

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     7 years ago  

    @stephankendal But what if the conference on August 1 goes in the wrong direction? Is there a possibility that Bitcoin and consequently other cryptos may fall apart as a result?

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