[edited out]
You are right, I can't deny this
But I'm sure we will get to $240B investments poured into the system.
I believe that part of the reason that I participate in these kinds of forums is in order to bounce around my own ideas with other bitcoin enthusiasts (and sometimes even the bears, shills and trolls can be helpful to my considering how to protect my investment and my trade positions).
Accordingly, I get pointed in the right direction a lot (sometimes directly and sometimes, the information causes me to have an ah ha moment to recognize my own misconceptions).
Yeah, so accordingly, if we can avoid it, we do not want to accidentally misread some of the charts and to rely to our own detriment on some misreadings.
Who knows how long it is going to take to get to $240 billion, and whether we are going to get there. I certainly hope so, and even with fairly bullish scenarios, it is quite possible that the bitcoin space could arrive at that number in a few years, but it could also take close to 10 years (which would still be bullish, but just a more mild form of bullishness).
Also, the bitcoin space remains very interesting, and I am not sure about what all of those numbers mean. The reality of the matter is likely that bitcoin is having economical rippling effects that go much beyond its market cap and much beyond the amount directly invested, so depending upon which numbers you rely upon, I believe that currently more than $30 billion of direct and indirect economic value is not unrealistic.
I believe that in recent months there has been pretty decent fees generated through on block chain transactions that have been largely ranging between $80k and $220k per month.. and that is just on chain transaction fees.
Here's the seven day average chart:
https://blockchain.info/charts/transaction-fees-usd?showDataPoints=false×pan=&show_header=true&daysAverageString=7&scale=0&address=Anyhow, those of us watching the bitcoin space continuously recognize these bullish growth numbers in a variety of the sectors, and mining is one of those areas that simply remains amazing, whether the purchase of mining equipment or the exponential growth in hashing power, and on an ongoing basis, we also witness increasing public and finacial sector interest and ongoing research and developments that boggle the mind and largely exceed any other Crypto.