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Monday, 01/08/2018 9:04:59 PM

Monday, January 08, 2018 9:04:59 PM

Post# of 26502
https://seekingalpha.com/article/4134745-bitcoins-path-1-million-bubble-bursting-anytime-soon

What is most important is the following. If you read the above link you will realize that bitcoin is the next evolution of “money.” Gold millenia ago, paper currency, now bitcoin. If you can take a risk with FnF, you can do bitcoin, and best yet institutions haven’t invested yet = no bubble yet. Read ...

10. Putting a Value on Bitcoin
To attempt to put an objective value on Bitcoin let’s look at BTC's competitors, and other popular asset classes along with their respective market values.

Investable Gold: Roughly $3.5 trillion
Physical Currencies: $7.6 trillion
M1 World Money Supply: $37 trillion
World Stock Markets: $73 trillion
M3 World Money Supply: $90 trillion
Derivative Market: $544 trillion-$1.2 quadrillion
Bitcoin: $223 billion
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