I want you to look at this graphic that I came across via the Daily Hodl. Underneath, I’m going to do some back-of-the-napkin math for you.
When I looked at this chart, the $90 trillion in total money currently in the world stood out to me.
Follow along with me:
If the 90% of that $90 trillion, which is digital money, (roughly $82 trillion,) goes all to cryptos, that means that today’s total market value ($252 billion as of July 11, 2018,) represents only 0.003% of that sum.
To get to $90 trillion, the overall size of the crypto market, including tokens, will have to increase by 8,300% from today’s levels.
In this scenario, if bitcoin were to only have 15% dominance, that would be equate to roughly $10 trillion, which if we forward project to the point where the amount of bitcoin created is at 20,000,000 coins, the price of each bitcoin is $500,000.00.
If you are reading this, and if you own any crypto currencies, you have skin in the game before even the early adopter phase, and if you stay in it, you’re going to be along for one helluva ride.
DYOR, but for what it’s worth, I’m going to keep accumulating cryptos.
Be well, Everyone.
Miscellaneous Notes and Tools
to get started with cryptos
Use the Brave browser and block unwanted ads and decide which websites YOU want to support! https://brave.com/tin140
Follow Tiny Crypto Blog on Twitter @tinycryptoblog
And yes, I’m on Facebook
Looking to start purchasing cryptos? Open an account at Coinbase, and you’ll receive $10 in free bitcoin for your first purchase of $100 or more. Link HERE
Are you new to cryptos and want an easy way to mine them? I recommend Minergate as a good way to start out. More Info Here
Need a good, basic crypto wallet? Download the Exodus wallet
Earn free cryptos using crypto faucets
Bonus Bitcoin: earn between 30-150 bitcoin satoshis every 15 minutes. More Info Here
Moon bitcoin faucet: earn and mine free Bitcoin. More Info Here
Moon bitcoin cash faucet: earn and mine free Bitcoin Cash More Info Here
Moon litecoin faucet: earn and mine free Litecoin. More Info Here
Moon dogecoin faucet: earn and mine free Dogecoin. More Info Here
Moon dash faucet: earn and mine free Dash. More Info Here