Is there really any chance for crypto to moon to the lengths that it has mooned already again?
I cannot see how it could happen because that would make whales quadrillionaires or even quintilionaires, thus literally exceeding the TOTAL fiat in circulation by thousands of times.
Thoughts? I am a coiner and invested into crypto with high hopes, but I'd still like to hear some opinions.
Those whales will sell a majority long before then. crypto will distribute just as fist has. Also you confuse industry market cap with the change of one couns price from ico to now.
>>2346690
Look at the crypto gains in log scale over the longest time periods you can
It's basically a linear channel in btc, the gains keep coming, but are lessened in impact and stretched in time
Every boom is a smaller multiplier, and every bust is a smaller loss. Stable discovery is around the corner in the next decade, unless we hit 5 figure btc this year, then it's going to be just like the gox crash
Gains will keep coming, but were past the point where you can accidentally spend 2 mil on a pizza in future money imo
>>2346690
here you have Ruby and DGB, both mooning at the same if not higher lengths
>>2346690
What? It's doing it right now.
The total capitalization of all crypto is just now trying to get over 100 billion.
The total of the market capitalization of the world's stock markets is about 70 trillion.
But those numbers are really just how you can estimate where BTC is going to go based on how much exposure and use crypto gets.
When you keep in mind there are coins out that are worth <5cent and may be widely used in the next several years, yes any one of these coins could become 50,000x their current value.
>>2347846
It has exceeded 100B and is continuing to increase several hundred million every day.
It is simply unreal how much new money is coming into crypto now, and it's a small fraction of what is to come.
>>2346690
Inflation of fiat
Crypto is only way out