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File: 119 KB, 458x352, bubble.png [View same] [iqdb] [saucenao] [google]

Anonymous Tue Dec 19 14:27:53 2017 No.5227249 [Reply] [Original]

Pop already you piece of shit

here's the math to prove we're(...) Tue Dec 19 14:29:28 2017 No.5227292

>>5227249
market cap / circulating supply = price

$308,272,035,006 / 16,751,912 BTC = $18,402.20

....let's replace Bitcoin's market cap with Apple's

$898.07B / 16,751,912 BTC = $53,609.99

....let's use the S&P500 (as of 9/30/17)

$22.6T / 16,751,912 BTC = $1,349,099.73

(not exact, as people are determining the price; but this is the inverse)

so as you can see, we're literally in the opposite of a bubble

>>	Anonymous Tue Dec 19 14:30:21 2017 No.5227313 >>5227249 Do you think it's gonna happen today?

>>	Anonymous Tue Dec 19 14:33:32 2017 No.5227402 >>5227292 The problem with bait like this is that it could easily be genuine because bitcoiners are just that stupid

>>	Anonymous Tue Dec 19 14:33:33 2017 No.5227403 >>5227249 You missed the train too? :-(

>>	Anonymous Tue Dec 19 14:34:16 2017 No.5227426 In 2020 it will

>>	Anonymous Tue Dec 19 14:35:28 2017 No.5227463 >>5227402 not very good at math, huh?

>>	Anonymous Tue Dec 19 14:36:32 2017 No.5227498 File: 11 KB, 645x773, 1509744920635.png [View same] [iqdb] [saucenao] [google] >>5227292 This. Bitcoin is actually better than the S&P500 since it has a higher ROI. That means it's AT LEAST worth as much as the S&P500.

>>	Anonymous Tue Dec 19 14:37:26 2017 No.5227519 >>5227498 at LEAST but Bitcoin is global, so it'll be in the millions within the next five years

>>	Anonymous Tue Dec 19 14:58:02 2017 No.5228122 File: 58 KB, 645x729, 80c.png [View same] [iqdb] [saucenao] [google] >>5227292 Ok i looked at this multiple times and i still see how that is supposed to make sense

>>	Anonymous Tue Dec 19 14:59:05 2017 No.5228159 >>5228122 dont, i missed the dont

>>	Anonymous Tue Dec 19 15:01:23 2017 No.5228225 >>5228122 see>>5227463

>>	Anonymous Tue Dec 19 15:02:20 2017 No.5228260 >>5228225 well i get the calculations but why would you determine the price of BTC with SP500?

>>	Anonymous Tue Dec 19 15:02:22 2017 No.5228261 Eth will eat it slowly. Bite by bite. Most crypto transactions are in ETH and most real world applications are on ETH. Bitcoin has only speculative value.

>>	Anonymous Tue Dec 19 15:04:54 2017 No.5228347 >>5228261 kek, i remember when BTC was 30 billion Market Cap and ETH was right behind at 20 billion they called it the flippening...that was 6 months ago kek

>>	Anonymous Tue Dec 19 15:07:20 2017 No.5228412 >>5228260 >what is market cap

>>	Anonymous Tue Dec 19 15:12:41 2017 No.5228569 >>5228347 It probably will happen but it will take time. Mostly because media coverage on BTC

>>	Anonymous Tue Dec 19 15:13:39 2017 No.5228609 >>5228261 >T. Schlomo

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