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RE: The Real Value Of Everything!
Thanks @teamsteam, good article. I just start reading your articles, saw couple other good ones already. I have couple questions;
I could not understand how you came up with $120T?
Do you think, ICOs are creating bubble in coin valuations?
Looking forward to see your upcoming posts. Thanks again
The market cap increase 908% in the last 365 days.
The current market cap is 117 billions.
117 * 9.08+117= 1179 after a year.
or
11710.08=1179 after a year
and
11710.0810.0810.08=120 Trillions after 3 years.
I've said away from most ICO besides EOS. They might be creating little bubbles but compare to Bitcoin and other cryptocurrencies, with the exception of EOS, these ICO are still relatively small and these bubbles if they one shouldn't affect the market too much.
Good thinking, I like the way you are simplifying the numbers.
I think, I made it unnecessarily complicated in my mind. In my calculations, I was looking for the total available bitcoin (with consideration of the new segwit and supply issues) x future bitcoin price (with factoring the future increase demand).
Thanks again :)