Sunday, 21 February 2021

If bitcoin reaches the same market cap as gold, a single coin will cost around £420,069 - it's meant to be!

My half arse working out:

When bitcoin reached 1 trillion dollars a bitcoin cost around £37,124. gold's market cap is currently at 11.3 trillion dollars. So => (37,124 X 11.3) ≈ 420,069

Therefore I see this as our next checkpoint.

submitted by /u/Flurbar
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