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I will restrict myself to Bitcoin as I don't believe as strongly in the rest though I do own some of those as well. Bitcoin is at a market cap of 1T. That's les
by silentsea90 5y ago
I will restrict myself to Bitcoin as I don't believe as strongly in the rest though I do own some of those as well. Bitcoin is at a market cap of 1T. That's less than major tech cos (Apple 2.5T, Google ~2T), gold(10T), total USD (~30-40T) etc. If you believe BTC will be used as the global store of wealth and currency, buying anytime (until the time BTC gets there) will make anybody who buys rich.
Of course, after price discovery is more or less complete, we can't all be rich as the value relative to goods and services will stagnate, and BTC will become as boring as gold.
> From where I'm sitting....if somebody else buys it for more.
Sure, and they will if the value of said coin keeps going up. Note that you don't need to sell it for USD, you could be paying for services in said coin directly. Point being that the exchange doesn't need to happen in USD, it can happen in any form of value.