Do you have any idea how much $20 trillion market cap is? You know there isn't THAT much money worldwide to pump a single chuck e cheese token, right? You know how long it'll take AFTER global adoption it would be even worldly possible to reach that fabled goal, right?

>>60577424 (OP)
Anon, your ignorance is a black hole. $20 trillion market cap is not some mythical ceiling; it's the floor when people realize the only unconfiscatable, truly scarce asset in existence.
You're talking about money worldwide like you understand monetary aggregates. Meanwhile, central banks are literally playing Monopoly with your purchasing power. The total value of everything on this planet — bonds, real estate, gold, stocks, every single worthless fiat currency — dwarfs your pathetic $20 trillion number. Bitcoin isn't "pumped" by that money; it absorbs it as people awaken to its superiority.

>>60577424 (OP)
Yeah you're right, Bitcoin can also reach 3 million desu

>>60577424 (OP)
Yes because Bitcoin is a swarm of cyber hornets serving the goddess of wisdom, feeding on the fire of truth, exponentially growing ever smarter, faster, and stronger behind a wall of encrypted energy.

>>60577424 (OP)
Youll really blow a gasket when it hits $10M.

>>60577460
> it absorbs it as people awaken to its superiority

You had me until that cringe last sentence. Proof that this board isn't serious anymore. Why the fuck am I even wasting time here fuck I miss old biz.

>>60577424 (OP)
$1 million is fud

>>60577466
in her light we will be bright
Total btc domination

>>60577424 (OP)
Bitcoin is a religion now. You can anything and people believe it.

It is an inevitability.

Bitcoin is a better economic unit than gold, this is simply the math. Understand that belief plays no part in value, price carries information precisely because it is the product of supply and demand alone, any ‘belief’ component is encoded via these and is not an additional variable. Bitcoin is a more useful economic unit than gold as its perfectly inelastic supply increases the fidelity of the price signal.

@$1m BTC only needs $164bn in annual inflows to offset current subsidy. To put BTC into perspective: $270bn of gold is mined every year, gold market needs $270bn in net inflows every year just to tread water. Bitcoin subsidy halves every 4yrs, so net nominal inflows necessary to support a given price also half every 4yrs.
>b-but muh industrial demand for muh shiny rock!
We have 500 YEARS of functional demand for gold sitting idle above ground, we mine a DECADE of functional use every year. Manufacturing plays zero part in gold price, other than the ~$25bn in annual demand (1/10 of mining production). Gold still needs ~$250bn/year in net inflows sans ALL functional use just to tread water

>>60577424 (OP)
market cap doesn't mean shit.

>>60577424 (OP)
Forget it, anon. They are under the influence of Saylor, their high priest. They live in a self-perpetuating bubble because the institutions have chosen to enrich it with a little Bitcoin, but it won't last. They'll get their act together at some point when it no longer amuses them. All it takes is for Trump to change his mind again. But they don't want to see that, and they sincerely believe that BTC will become the world's reserve currency. It's outrageously ridiculous, but that's how it is. So take advantage of the rise in BTC and dump it when you see the slightest sign of a reversal from the institutions, otherwise you'll be stuck forever.

sure but everything else will too. a median house is like 500k today. when btc was ~70 that number was 260. bitcoin has lost real world value since 2021/2022.

higher dollar price does not mean gained real world value. we will see btc hit 7 figures. a new car will be 500k. a house will 5 million. the value is not going to increase, the number will just go up. same deal with minium wage, you're going to see 50/hr minimum wage in your lifetime, because fucking money printing how does it work?

>>60577498
>believe
Belief not needed.

Economic units have demand not because of belief, but because their supply properties allow demand to alter price primarily instead of supply, enabling economically useful functionality such as Store of Value and other economic abstractions. This is why grain et al, despite having great “intrinsic value” and near-universal acceptance performs poorly as an economic unit, grain has huge elastic supply so increasing demand results in increased supply, instead of increased price, preventing the encoding of economic state information into the price of grain and therefore preventing the use of grain et al as an economic unit.

Gold has been used as an economic unit since antiquity because its low elastic supply render it a fine natural approximation of a unit, but it still possesses elastic supply, bitcoin surpasses gold primarily by possessing perfect inelastic supply, while network effects keep BTC ahead of newer imitations as they fail to improve on the systemically important properties of bitcoin.

>>60577424 (OP)
>theres no way nvidia can reach a market cap of 4 trillion, thats more than all money in existence
t. dumbfuck from 1993

>>60577475
This is an extremely large part of why bitcoin increases in value, the other being inflation of fiat and goods.

>>60577552
BTC was only +$60k for 30 days in 2021, using peaks heavily distorts the true price over time of such a (currently) volatile asset

>>60577498
has a mathematically proven religion that can never be corrupted ever existed before?
kek

>>60577424 (OP)
and yet single countries created more debt than this in 2020 for some reason.

>>60577424 (OP)
Tons of coins are already lost so you could reach a $1million/coin with really an effective market cap that's much lower. I'd guess around 7 million coins have been lost,.since so many haven't moved and come from a time when they just weren't valuable enough to really protect

>>60577460
Who is going to buy Bitcoin up to that price exactly? It's pretty much already completely saturated, institutions are here, nobody left to pump your ponzi.

How will tokenized assets like gold and real estate affect the Bitcoin price? If you can own tokenized real estate that gives a yield why would you even bother still owning Bitcoin? Tokenized assets have physical value but can exchange as easy as Bitcoin right? Will there be a Bitcoin rug or is there still a value prop after tokenization appears?

>>60577424 (OP)
It's the only viable currency that can't be manipulated. Most people probably don't realize that inflation isn't like mold. It doesn't happen naturally. Inflation requires constant mismanagement. Once people realize that then all bets are off.

>>60580115
Nobody is tokenizing anything okay, do you know how long crypto grifters have been pushing that narrative?

>>60580120
They might want to come up with a different name for the shares to differentiate those offered through mutual funds that are just a stylized stock "vehicle" as opposed to actual shares.

>>60580120
But sir you didn't answer my question. Just assume that tokenized assets do become a reality. How might that affect the value prop of Bitcoin? Do I just need to ask AI and post it?

>>60577527
They're fucking cult idiots and deserve everything they get. I'm going to continue stacking gold and silver like the central banks and rich people are doing.

>>60577556
Belief not needed? Then everyone would have adopted shitcoin by now. Instead, central banks are buying up gold.

>>60580098
governments

>>60580098
The fact that bitchcoin is still falling in real term value since COVID is hilarious especially because these cultists just think numbers going up means value. The price going nowhere means the whales are selling to bag holders.

>>60577424 (OP)
>can use btc as collateral
>noone anywhere needs to sell as price goes up
Yeah, all it needs for 1 million is people not selling cos line go up.

>>60577424 (OP)
>I too am skeptical