https://www.cnbc.com/2017/10/24/bitcoin-market-cap-to-overtake-apple-in-five-years-analyst.html
- Bitcoin's market value will catch up with Apple in five years, according to a bitcoin proponent
- Ronnie Moas from Standpoint Research told CNBC that bitcoin's price could jump to $50,000 in the next decade
- He argued that critics of bitcoin are heavily invested in U.S. banks that are being directly threatened by the cryptocurrency
Currently, the bitcoin market cap is around 100 billion. Apple's market cap is about 800 billion. I think there is a while for bitcoin to best Apple's market cap. In that time, a lot can happen -- apple can fall, or bitcoin can go up like crazy. I think it's unlikely that bitcoin will reach that threshold in 5 years, but if the same growth that we've been seeing is somehow sustained for the next 5 years, it's very possible.