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Re: HokieHead post# 14280

Saturday, 12/16/2017 8:16:36 PM

Saturday, December 16, 2017 8:16:36 PM

Post# of 63466
been looking at valuations of BTC/ETH/LITE. $500B. These are internet protocols, and the Internet of Things is histories largest internet protocol and really just started around when these coins and their tech started. The IOT is worth about $10T. But, I saw a article today that there are about $1200T in fund derivatives out there. If just 1% of fund derivatives pushed into crypto, that is $12T. Have to figure some of these call for $1M BTC are plausible. At $20T valuation, BTC would be about $600,000, ETH $20,000 and LTC about $9000

crypto is a way to value the IOT and add some Derivatives.

Basically with the Derivatives, they are hedges against loss of value for large funds. Some will move into Crypto.

Can see $75,000 BTC 2018 and upward of $500,000 by 2020.[url][/url][tag]insert-text-here[/tag]

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