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Topic: Even at 10kUSD, Bitcoin is undervalued by more than 67,000% - page 2. (Read 926 times)

legendary
Activity: 966
Merit: 1042
It's hard to say how niche or how widely adopted bitcoin will be one day though. If only 1% of the population owned some bitcoins we'd see a massive price increase. We're not even remotely close to that though. I guess we'll never know how many people actually use bitcoin.
sr. member
Activity: 1400
Merit: 347
This price would be if adopted worldwide? I mean, if it was used as a real currency?
newbie
Activity: 6
Merit: 0
A short thing on the growth and projected 'true' values of Bitcoin; the tables for the current and projected valuations are from the last page (page 3) - https://snerx.com/archive/Garon-CryptoInvestmentNotes.pdf

I am probably wrong about my notes on this, so if I'm pulling numbers incorrectly, please let me know. If I'm not wrong, then the data from my notes is a non-arbitrary objective measurement for the future stable price of Bitcoin, which is a big deal, since the conservative estimates still place the 'true' price per coin at $6,733,333.33 USD (formulation in my notes on page 3).

Please discuss, I feel like I am wrong about this number but I can't tell why.

https://i.imgur.com/GDiuVIs.png

[EDIT]
I'm including the other table since you're all too busy to read the actual document lol...
https://i.imgur.com/cD6a42k.png
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