#bitcoin #crypto #cryptocurrencies
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Buddy what about privacy coin Monero?
We’re one cycle away from dealing primarily in Satoshis.
You mean, the former net worth of somebody like Jeff Bezos.
Nick is ALWAYS the voice of reason.
I call bull but if I am proven wrong I would be happy.
ily <3
Good Information Nick! I'm sharing it with everyone I know!
I don’t like that all these Tubers focus their attention on newbies to drive their Sub count not giving a flying f*** about those that stuck around during last 2 years of bear market. Everyone now talks about “WHAT IS BITCOIN”, “WHAT IS MARKET CAP”, “What is Blockchain”… SmFh ??
ETC ?
Is it true there is a $7k gap that not being filled yet??
Good job dear
I just went all in to bitcoin. Thanks for the vid nick
I have som hopes that this year is a good year (he best year) for cryptocurrency
My Balls are sweaty
$100000 by 2020
Shutup shiller!
Leddin???
The bears are so angry with us moon boys!! Lol ?? they're like triggered Democrats.
You're doing amazing work!
I’ve done very similar assessments on this back in 2017 and completely agree. just thinking of bitcoin as a store of value alternative to gold (which is ~ $10T market), with bitcoin at 10% penetration into the gold market means $100T market cap… or 5x from where we are now.
On top of that, Store of value is just the tip of the iceberg. As an alternative asset class to global stocks and bonds where your talking a $150T market, even a small market share penetration into that means significant price appreciation from where we are today.
Great Video Nick, talking about ratios and future evaluations, what about LTC?!
Tether is validating a use case for digital currencies. Where's the irony though??
$ETHBTC Ethereum ether token will then reach between 7K to 10K USD
BTC ETH LTC DASH BAT LINK. get these baby’s pumped
I agree Nick, most people focus on the price per unit in crypto and don't look at the market cap.
So here is something to think about. You are expecting a crypto market capitalization of $5 – $6 trillion based on what the NASDAQ market capitalization was in 2000 during the Dot.com bubble. Think about what the money supply was at that time and what the NASDAQ market capitalization was relative to that money supply (Nasdaq capitalization/money supply). If you adjust your targets to account for the equivalent Nasdaq market capitalization in today's dollars based on today's money supply, the equivalent Crypto Market Capitalization becomes unimaginable. Hopefully that doesn't go over anyone's head. But that is the potential if we have a Dot.com like rise in Crypto when accounting for the inflation/debasement of currency since 2000. Your $5 – $6 trillion Crypto market capitalizations becomes insanely understated.
Nick what about the massive sell pressure at a price of even $20,000? How will we ever move past that?
Excellent one mate.
Accumulate & HODL! Crypto is the new asset class and it is here to stay!!!
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