/biz/ - Business & Finance

>>15923384
Not talking about the adoption of btc. I'm talking about crypto as a whole. In the dot com bubble 16% of americans had money in dot com companies. About 7.95% of americans have purchased crypto. In the next bubble which will be the dot com bubble equivalent for crypto about 16% of americans will own crypto and the total crypto market cap will aproach the market cap of gold which currently sits at $8 trillion usd. The market cap of gold in late 1999 was just under 4 trillion usd. The market cap of dot com companies in late 1999 hit just under the market cap of gold before it collapsed ~3.5 trillion.

>>5094387
I disagree. The big money isn't here yet. Compare the amount of money in Stock Markets, we are talking 60 TRILLION. Bitcoin is now sitting under $300 billion. That is 1/200 of the money that you get in stocks.

You think investors will not risk their money with cryptos? I expect the cryptocurrency ecosystem to attract at least 1/5 of the money that stocks attract. Let's be extremely pessimistic, let's say crypto coins will only reach 1 trillion. That's 1/60th of the stock market. At 1 Trillion, bitcoin will cost around $100,000

So no, I don't think we've seen the end of money yet.