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$100,000/BTC isn't a raw extrapolation to my knowledge and I've been in the crypto space since early 2009. It's a popular number chosen that'd represent BTC @ ~
by uncoder0 9y ago
$100,000/BTC isn't a raw extrapolation to my knowledge and I've been in the crypto space since early 2009. It's a popular number chosen that'd represent BTC @ ~1/4 the market cap of Gold.
Which I don't think is that unreasonable if you're evaluating it as a store of value.
- JumpCrisscross 9y ago> It's a popular number chosen that'd represent BTC @ ~1/4 the market cap of Gold Is this where "if we only get 1% of the market we'll all be billionaires" goes to summer?