#BTC WHAT IS THE HIGHEST PRICE YOU CAN IMAGINE BITCOIN WILL REACH IN THE NEXT TEN YEARS?LETS SEE SOME NUMBERS.
So, it is estimated that the total amount of money (M1-M5) is around $1,200 trillion or $1.2 quadrillion.
Right now, Bitcoin is worth $190B.
If Bitcoin becomes the global currency the way it's supposed to and replace all money, then 1 Bitcoin
would need to grow 1,200/0.19 = 11,000x, which
would equate a value for 1 Bitcoin to around $68,5
million. That's like the upper ceiling.
So, everyone saying Bitcoin could reach $1M, that's still a very lowball estimate for what it could actuall