Do not expect too much that you need to regret it later on. Anyone can't predict exactly about the cryptocurrency market what is going to you in the future. As we can see a lot of positive news come together and we become too much interested in Bitcoin, as a result, investors are jumping on it. But do not expect this trend will be continuous. It would not happen all the money will enter in Bitcoin market, it is not possible at all. But of course, we might see a $100K BTC price near future, this year or next year. It depends on the demand of investors.
At the same time, we might see other altcoins in the same trend as Bitcoin. Because as far as we can see most of the time all altcoins just follow the trend of Bitcoin although it does not happen always. But if the price pump significantly then of course the alt market will be the same as well. I am not sure what you mention about investment, I think you are talking about Bitcoin investment, although you can multiply your portfolio by investing in altcoin but just keep in mind investing in altcoin is quite risky always.
Topic: What if all the money in the world entered the cryptocurrency market? - page 4. (Read 581 times)
October 09, 2021, 12:29:38 PM
October 09, 2021, 11:58:38 AM
Remember the law of the market that if demand increases then scarcity will cause price to fly to the moon. This is what would happen to the price of bitcoin if everyone in the world wanted to buy it, trade it, and use it as a mean of payment. I don't want to dream too high because until now bitcoin still has haters and people who don't care about it. It's a huge wall that will never fall, so just enjoy it for what it is.
October 09, 2021, 11:42:17 AM
If all of the base money in the world ($29 trillion) is replaced by Bitcoin, then a bitcoin will be worth about $1.4 million in today's dollars.
Thats what we get from comparing market caps but I'm not sure if its good way of doing that. Mostly because of lost bitcoins, bitcoins in lifetime holders etc. So the amount of bitcoins that can be purchased using those 29 trillions is way lesser than 21 millions, so the price will be much higher. Am I wrong here with my logic?
Lately, we saw some countries about to build their own CBDB. I can consider this just another form of digitalisation of money so the cryptocurrencies won't take all the advantages. I (with many other veterans) always believe that any form of a stable coin is not a cryptocurrency even those developped in top of the Blockchain. Use them with extreme caution or avoid them .
October 09, 2021, 11:25:58 AM
US printed trillions just this year but really the entire economy only have 29T?
That's why everyone is talking about how massive this pump was. They printed 20% of all existing dollars ... in one year. Currency that exist from 1785... Basically US printed in last year more money that was printed from 1785 to 2001. 226 years vs 1 year.
If all of the base money in the world ($29 trillion) is replaced by Bitcoin, then a bitcoin will be worth about $1.4 million in today's dollars.
Thats what we get from comparing market caps but I'm not sure if its good way of doing that. Mostly because of lost bitcoins, bitcoins in lifetime holders etc. So the amount of bitcoins that can be purchased using those 29 trillions is way lesser than 21 millions, so the price will be much higher. Am I wrong here with my logic?
October 09, 2021, 11:23:28 AM
Well for sure crypto market will be under control by those big people around the world, and probably there will be a slow progress if that time happens in my personal opinion like what's happening in the real fiats.lol
and of course there's no freedom, because it's impossible that all country will make not make another law to control all the crypto market especially the enthusiast just to prevent bad habits of some people that using digital currency in other ways. I think it's possible. .
and of course there's no freedom, because it's impossible that all country will make not make another law to control all the crypto market especially the enthusiast just to prevent bad habits of some people that using digital currency in other ways. I think it's possible. .
October 09, 2021, 10:37:04 AM
If all of the base money in the world ($29 trillion) is replaced by Bitcoin, then a bitcoin will be worth about $1.4 million in today's dollars.
However, we haven't seen the full inflationary effects of the recent massive increase in global base money, so I think the value is probably closer to $400k.
There are good reasons for only comparing base money, rather than M1, M2, M3, etc., primarily that fractional reserve banking with Bitcoin is a reality.
This is a good analysis: https://cryptovoices.com/basemoney/
However, we haven't seen the full inflationary effects of the recent massive increase in global base money, so I think the value is probably closer to $400k.
There are good reasons for only comparing base money, rather than M1, M2, M3, etc., primarily that fractional reserve banking with Bitcoin is a reality.
This is a good analysis: https://cryptovoices.com/basemoney/
US printed trillions just this year but really the entire economy only have 29T?
The dollar store today is already $2 store so if it continues, who knows what could happen in the future because of inflation. Of course not all money will go to crypto, it's a pipe dream for shitcoin holders whose tokens they hold are priced with just 1sat but you can never expect that $1 to have a purchasing value of what is it today.
October 09, 2021, 10:25:09 AM
Obviously bitcoin's prices would be far higher if that was the case. But bitcoin doesn't need to be literally 100% fully adopted by the world to reach $1,000,000 at all. It just needs to be bought and held by a good amount of institutions and investors in general with deep pockets, and $1,000,000 is easy.
October 08, 2021, 11:46:20 PM
Also, how did you come up with the price that bitcoin has when all the money is invested in it?
One of the easiest way is to divide the amount of money with bitcoin supply (or circulating supply, whatever you like). It's not gonna be precise, and I don't think you should expect a precise calculation for something like this. Even the number of money in the world might change when you're posting this right now. October 08, 2021, 09:50:08 PM
If all of the base money in the world ($29 trillion) is replaced by Bitcoin, then a bitcoin will be worth about $1.4 million in today's dollars.
Is this for real? That's all the money that the world has right now? Is this the final number with the lost paper money and coins and the decommissioned currency? Also, how did you come up with the price that bitcoin has when all the money is invested in it? 
October 08, 2021, 07:46:51 PM
Will we see the price of Bitcoin at fantastic prices? i'm talking about +1.000.000$ For 1 BTC
Definitely. If all other currencies and assets owned were all up for an exchange with cryptocurrencies, that would result in an outrageous demand making prices unpredictably high.Will this be a positive thing for cryptocurrency!
Higher demand would definitely be a positive thing.Or is there risks and negative things that will happen in this market?
I can not think of any, except that s scenario where all the money in the world wants to enter cryptocurrency is most improbable. For one, a sale is an exchange and there has to be someone on the other end willing to exchange their bitcoins for fiat or some asset class...Because eventually there is a chance that this will happen
I mean If Crypto-currencies win and become one of the foundations of the new economic system.
Cryptocurrencies is not trying to win, Bitcoin simply wants to give people an option to bypass the need for a third party and most other CI mean If Crypto-currencies win and become one of the foundations of the new economic system.
Cryptocurrencies were launched to lace the pockets of the devs.
October 08, 2021, 07:32:01 PM
If all of the base money in the world ($29 trillion) is replaced by Bitcoin, then a bitcoin will be worth about $1.4 million in today's dollars.
However, we haven't seen the full inflationary effects of the recent massive increase in global base money, so I think the value is probably closer to $400k.
There are good reasons for only comparing base money, rather than M1, M2, M3, etc., primarily that fractional reserve banking with Bitcoin is a reality.
This is a good analysis: https://cryptovoices.com/basemoney/
However, we haven't seen the full inflationary effects of the recent massive increase in global base money, so I think the value is probably closer to $400k.
There are good reasons for only comparing base money, rather than M1, M2, M3, etc., primarily that fractional reserve banking with Bitcoin is a reality.
This is a good analysis: https://cryptovoices.com/basemoney/
October 08, 2021, 04:11:59 PM
You are building sand castles in the clouds..... this will never happen. The different countries in the world are very protective of their Fiat currencies and they will never relinquish their hold on their own fiat currencies. Something that might happen... will be that these countries might digitize their Fiat currencies and you will see a DollarCoin or a YenCoin ..or even a EuroCoin. (We call these "GovCoins")
There is approximately US$ 40 trillion in circulation: this includes all the physical money and the money deposited in savings and checking accounts. Money in the form of investments, derivatives, and cryptocurrencies exceeds $1.3 quadrillion. Source : https://www.rankred.com/how-much-money-is-there-in-the-world/
There is approximately US$ 40 trillion in circulation: this includes all the physical money and the money deposited in savings and checking accounts. Money in the form of investments, derivatives, and cryptocurrencies exceeds $1.3 quadrillion. Source : https://www.rankred.com/how-much-money-is-there-in-the-world/
October 08, 2021, 04:03:54 PM
This question has been on my mind at this times ..
Will we see the price of Bitcoin at fantastic prices? i'm talking about +1.000.000$ For 1 BTC
And then what will happen to the other currencies (ALTS) ?
Will this be a positive thing for cryptocurrency!
Or is there risks and negative things that will happen in this market?
Because eventually there is a chance that this will happen
I mean If Crypto-currencies win and become one of the foundations of the new economic system.
Not Today , Not Tomorrow ,But this will happen .
Think about it ! It will be a good opportunity if we invest a small amount and leave it to our grandchildren in the future
Will we see the price of Bitcoin at fantastic prices? i'm talking about +1.000.000$ For 1 BTC
And then what will happen to the other currencies (ALTS) ?
Will this be a positive thing for cryptocurrency!
Or is there risks and negative things that will happen in this market?
Because eventually there is a chance that this will happen
I mean If Crypto-currencies win and become one of the foundations of the new economic system.
Not Today , Not Tomorrow ,But this will happen .
Think about it ! It will be a good opportunity if we invest a small amount and leave it to our grandchildren in the future
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