he's out there, but alright I guess doesn't really bug me for the most part. I usually just ignore any of his antics for the most part anyways.
he takes the bitcoin stuff way too far personally.
$21,000,000,000,000 - $1,000,000 a coin or at least like $17 - $18 trillion by 2020 was one of his expectations I saw around the internet.
. .
I think it is myself.
$17,000,000,000,000,000 / 7 billion people = $3,000 - that's $3,000 per person worldwide and/or globally.
Well say 17.5 million bitcoin exist currently. It was around 17 million last year. Well say 500,000,000 buy into bitcoin and/or trade fiat currency for Bitcoin itself.
If 500,000,000 buy into Bitcoin. For it to reach $1,000,000 with 17.5 (roughly - might be closer to 17 million still) million coins in circulation currently.
They must all spend $35,000 each for it to reach that $1,000,000 price point per Bitcoin or $17,500 each of the 500,000,000 for Bitcoin to reach $500,000*.
If 1=1 that is and all my calculations are right. I might of screwed this up to, but I'm 99% sure this is outside the realm of reason even within 10 years if not 25 years for that matter.
(post is archived)