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The largest bit coin address has 130,248.45240828 BTC so for it to reach 1T USD. 1 BTC would need to be worth 7.7M USD.
by sharemywin 9y ago
The largest bit coin address has 130,248.45240828 BTC so for it to reach 1T USD. 1 BTC would need to be worth 7.7M USD.
- xaedes 9y agoThat is a single address. Isn't it very reasonable to assume that persons with the most bitcoins will have them distributed among multiple addresses?
- bsvalley 9y agoYeah I think the largest owners have between 100k to 300k BTC supposedly. Also, Satoshi Nakamoto has 1 million BTC. 1st market cap is $8 trillion (gold), then next is $200 trillion (currencies). This doesn't include devaluation of the FIAT currencies in between. So it is definitely possible on paper.