Question: Where Does Bitcoin Stand?

in #bitcoin7 years ago

Summary

Let's take a look at where bitcoin stand. Bitcoin appears to be in a small bubble from the far right to left. In this picture below, we can see that as it moves from right to left, the bubble appears to be bigger in which also demonstrates the potential risks. It's very interesting to see the market cap that ranges from cryptocurrency, to actual individuals, the corporate world, gold, fiat, and the overall market cap. The current value per bitcoin at the moment is actually worth more than gold.


Source: http://www.marketwatch.com/story/how-big-is-bitcoin-really-this-chart-puts-it-all-in-perspective-2017-06-21

Conclusion

What is your prediction based upon the value of bitcoin in 10 years from now? Comment below!

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