BitcoinLong
BTC – What if – Part II – Gold, Coins and Bank Notes
Hi Traders!
So as we promised we will publish another idea basing on the infographic from Jeff Desjardins and visualcapitalist.com
Just to recall they made a massive work to sum up all the money assets all around the world.
As it is more frequently said, especially in the finance world, cryptocurrencies are becoming considered as a new class of assets. Class asset? What is that you may think? Here is the explanation.
All money invested in many ways can be divided into a couple of groups which differ from each other. We can invest money into commodities which are crude, oil, gold, silver etc. This is just one asset type (class). Money can also be invested in real estate – commercial properties, housing, agricultural land. This is another class. We can distinguish a couple of more asset classes such as stock exchange, global money supply, global debt market and finally derivatives.
We are planning to prepare the whole set of analysis “ What If” describing each asset separately.
Here is just the introduction to give you the general idea.
Let’s assume this time we expect 10% of the money influx from global assets from just gold and global currencies (coins and banknotes).
Gold represents the value of around $7.7 trillion and coins and banknotes represent the value of $7.8 trillion. Together they are worth $16.5 trillion dollars.
So let’s take 10% of this sum and invest into crypto which can easily come. Why easily? Cash is close at hand and can be easily spent. BTC is to be considered as a digital gold. We are sure you heard it many times. So there is no any reason why that 10% shouldn’t go to BTC or any other cryptocurrency.
So let us do the math.
10% of $16.5 trillion is $1.65 trillion. The current dominance of the BTC is around 50%.
Let’s say $857,5 billion goes straight to BTC.
So the current market cap of BTC is $113 billion. It means we would have a massive demand on BTC making its capitalization 8,5 bigger (we added 857,5 + 113 as the total market cap of BTC).
So, as a result, we should have 8,5 times higher price of the one BTC which would be at
the level of $ 55 000. So we would like to see such numbers. Preferably before Christmas 2018.
This would be the best Christmas gift ever!
Do You like such scenario guys?
What are your expectations towards this Christmas?
BTC price on such level, new Lambo or pair of socks?
Massive HUGS!
WBM Team
So as we promised we will publish another idea basing on the infographic from Jeff Desjardins and visualcapitalist.com
Just to recall they made a massive work to sum up all the money assets all around the world.
As it is more frequently said, especially in the finance world, cryptocurrencies are becoming considered as a new class of assets. Class asset? What is that you may think? Here is the explanation.
All money invested in many ways can be divided into a couple of groups which differ from each other. We can invest money into commodities which are crude, oil, gold, silver etc. This is just one asset type (class). Money can also be invested in real estate – commercial properties, housing, agricultural land. This is another class. We can distinguish a couple of more asset classes such as stock exchange, global money supply, global debt market and finally derivatives.
We are planning to prepare the whole set of analysis “ What If” describing each asset separately.
Here is just the introduction to give you the general idea.
Let’s assume this time we expect 10% of the money influx from global assets from just gold and global currencies (coins and banknotes).
Gold represents the value of around $7.7 trillion and coins and banknotes represent the value of $7.8 trillion. Together they are worth $16.5 trillion dollars.
So let’s take 10% of this sum and invest into crypto which can easily come. Why easily? Cash is close at hand and can be easily spent. BTC is to be considered as a digital gold. We are sure you heard it many times. So there is no any reason why that 10% shouldn’t go to BTC or any other cryptocurrency.
So let us do the math.
10% of $16.5 trillion is $1.65 trillion. The current dominance of the BTC is around 50%.
Let’s say $857,5 billion goes straight to BTC.
So the current market cap of BTC is $113 billion. It means we would have a massive demand on BTC making its capitalization 8,5 bigger (we added 857,5 + 113 as the total market cap of BTC).
So, as a result, we should have 8,5 times higher price of the one BTC which would be at
the level of $ 55 000. So we would like to see such numbers. Preferably before Christmas 2018.
This would be the best Christmas gift ever!
Do You like such scenario guys?
What are your expectations towards this Christmas?
BTC price on such level, new Lambo or pair of socks?
Massive HUGS!
WBM Team
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