I'm explaining how Bitcoin will reach 2.3 Million Dollars in next 10-15 years..

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  • Sawyer
    SBR Hall of Famer
    • 06-01-09
    • 7707

    #1
    I'm explaining how Bitcoin will reach 2.3 Million Dollars in next 10-15 years..
    Which Assets We're Using Today as Store of Value?


    When it comes to storing value, several assets are prominent today:




    Real Estate


    Real estate has long been a preferred store of value. With a market capitalization of approximately $350 trillion, it represents a significant portion of global wealth.

    Equities



    Global stocks, collectively worth around $120 trillion, are another major asset class used for storing value.

    Money (Cash)




    Approximately $120 trillion is held in cash globally, serving as a liquid and readily accessible store of value.


    Bonds


    The bond market, with a valuation of about $300 trillion, is a key component of many investment portfolios.


    Gold



    Gold, with a market capitalization of approximately $16 trillion, remains one of the most classic and nostalgic stores of value, cherished for its historical and intrinsic value.


    Fine Arts and Collectibles


    Fine arts and collectibles, including items such as Pokémon cards and baseball player cards, have an estimated market value of $20 trillion. These assets are increasingly recognized for their potential to store value and appreciate over time.


    In total, these assets amount to approximately $926 trillion. Let's round it to $900 trillion.


    If Bitcoin manages to capture just 5% of this total market, it would equate to a $45 trillion market capitalization!


    Currently, Bitcoin has a market cap of $1.2 trillion, with each Bitcoin priced at $62,000. This means if Bitcoin captures 5% of all global assets, one Bitcoin could be priced at $2.3 million!

    I like to use myself as an example. Before I discovered Bitcoin, I primarily invested in real estate. After discovering Bitcoin, this changed. How many people do you think are like me? Maybe not too many right now, but ask yourself this: How many crypto users were there five years ago? How many crypto users are there today?

    This is like internet.

    Bitcoin is internet of money.
  • ChuckyTheGoat
    BARRELED IN @ SBR!
    • 04-04-11
    • 36701

    #2
    A lot of videos on this. One question:

    *How do the ETFs impact the BTC price picture?

    Is there a scenario where the ETFs negatively impact the BTC price? Sort of like the Silver market.

    If it was purely on Supply/Demand for BTC, I'd agree with you. No place to go but Up.
    Where's the fuckin power box, Carol?
    Comment
    • ChuckyTheGoat
      BARRELED IN @ SBR!
      • 04-04-11
      • 36701

      #3
      It's funny you mention the Fine Art and Baseball Cards. A lot of smart guys do allocate a % of their portfolio to this sector. Even a guy like Saylor takes Baseball Cards seriously.

      It's a sector where the Supply/Demand factors ring. Demand for name players is pretty constant. And the older cards are not plentiful in high grade. Won't necessarily appreciate at a fast rate. But they hold their value pretty well.
      Where's the fuckin power box, Carol?
      Comment
      • pologq
        SBR Posting Legend
        • 10-07-12
        • 19899

        #4
        this what is has gotten me back into cards. covid really brought the market back.
        Comment
        • k13
          SBR Posting Legend
          • 07-16-10
          • 18053

          #5
          There's not enough money in the world for it and money will be slowly erased in the future.
          Comment
          • sweethook
            SBR Posting Legend
            • 11-21-07
            • 12667

            #6
            I cant wait that long . been looking into meme coins I want to find a few short term 10-20x coins .. think I have 1 in peipei . tell me if I'm wrong sir.. gl
            Comment
            • Sawyer
              SBR Hall of Famer
              • 06-01-09
              • 7707

              #7
              Originally posted by k13
              There's not enough money in the world for it and money will be slowly erased in the future.
              As I explained above, there is.

              In addition, governments have to print more money in order to keep the system running.
              US Global Debt is 35 Trillion.

              Argentina,Australia,Brazil,Canada,China,United Kingdom,England,France,Germany,Greece,India,Ireland,Italy,Japan,Mexico,Portugal,Russia,Saudi Arabia,South Korea,Spain Debt Clocks

              Originally posted by sweethook
              I cant wait that long . been looking into meme coins I want to find a few short term 10-20x coins .. think I have 1 in peipei . tell me if I'm wrong sir.. gl
              I'm sorry but memecoins, shitcoins are like gambling. Over long haul, they're very likely go to zero against Bitcoin. Sure, you can catch some easy x5-x10 if you pick your spots right but you can do it same in horse racing as well.

              Investing in altcoins is like horse racing in my opinion. You can make profit, that's for sure but you should be prepared to lose all your stake also.
              Comment
              • Sawyer
                SBR Hall of Famer
                • 06-01-09
                • 7707

                #8
                Originally posted by ChuckyTheGoat
                A lot of videos on this. One question:
                *How do the ETFs impact the BTC price picture?
                Is there a scenario where the ETFs negatively impact the BTC price? Sort of like the Silver market.
                If it was purely on Supply/Demand for BTC, I'd agree with you. No place to go but Up.
                I'm against ETFs. A Bitcoin ETF is not Bitcoin. It's like buying a cruise ticket but not actually boarding the ship; you're making the trip with your VR glasses on.


                Regarding the price, it will undoubtedly be a short-term catalyst. I hope the amount of Bitcoin in ETFs never exceeds 40% and institutions figure out how to buy Bitcoin and learn about self-custody. When game theory kicks in, there will be no longer any need to worry about ETFs.
                Don't let Coinbase custody your Bitcoin. Not your keys, not your coins.


                The greatest beauty of Bitcoin is that it's the only asset you can truly own. Nobody knows about your Bitcoin or how much you possess. You can carry it anywhere on earth. Why give custody to someone else?

                Not your keys, not your Bitcoin. What if US Government seizes coinbase? They will give you worthless cash in return just like they did in 1933. Stay away from ETFs my friends.
                Last edited by Sawyer; 07-01-24, 01:27 AM.
                Comment
                • sweethook
                  SBR Posting Legend
                  • 11-21-07
                  • 12667

                  #9
                  thank you sir...
                  Comment
                  • raiders72001
                    Senior Member
                    • 08-10-05
                    • 11018

                    #10
                    Originally posted by sweethook
                    I cant wait that long . been looking into meme coins I want to find a few short term 10-20x coins .. think I have 1 in peipei . tell me if I'm wrong sir.. gl
                    Next dip look at Solana meme coins.




                    You can make massive short term gains here but over 99% are going to dump to 0. https://dexscreener.com/solana
                    Last edited by raiders72001; 07-01-24, 01:33 AM.
                    Comment
                    • Sawyer
                      SBR Hall of Famer
                      • 06-01-09
                      • 7707

                      #11
                      Uh, I almost forgot..

                      Final advice,
                      Please be cautious with investing in cryptocurrencies known as "shitcoins."
                      Comment
                      • Sawyer
                        SBR Hall of Famer
                        • 06-01-09
                        • 7707

                        #12
                        By the way, how do you store your Bitcoins?
                        Do you use hardware wallets?
                        Would you like me to create a post about it?
                        Comment
                        • pabonaparte
                          SBR MVP
                          • 01-21-16
                          • 3564

                          #13
                          Originally posted by Sawyer
                          Uh, I almost forgot..

                          Final advice,
                          Please be cautious with investing in cryptocurrencies known as "shitcoins."
                          I'm better off just betting unders in the Euro2024s
                          Comment
                          • Sawyer
                            SBR Hall of Famer
                            • 06-01-09
                            • 7707

                            #14
                            Originally posted by pabonaparte
                            I'm better off just betting unders in the Euro2024s
                            Makes sense. At least you can cash in your ticket within 2 hours, without having to wait for months.
                            Comment
                            • pabonaparte
                              SBR MVP
                              • 01-21-16
                              • 3564

                              #15
                              Originally posted by Sawyer
                              Makes sense. At least you can cash in your ticket within 2 hours, without having to wait for months.
                              In this regard, degenerate sports betting is worse than shitcoins. But I digress...
                              Comment
                              • raiders72001
                                Senior Member
                                • 08-10-05
                                • 11018

                                #16
                                Originally posted by pabonaparte
                                In this regard, degenerate sports betting is worse than shitcoins. But I digress...
                                For the rest of the year, it really doesn't matter what you buy in the top 200 since everything will make money. Although alts, other than SOL and ETH should be a low percentage just in case. Tokens on dexscreener are the degen moves. You can make 50x in a day.
                                Comment
                                • ChuckyTheGoat
                                  BARRELED IN @ SBR!
                                  • 04-04-11
                                  • 36701

                                  #17
                                  Originally posted by Sawyer
                                  I'm against ETFs. A Bitcoin ETF is not Bitcoin. It's like buying a cruise ticket but not actually boarding the ship; you're making the trip with your VR glasses on.


                                  Regarding the price, it will undoubtedly be a short-term catalyst. I hope the amount of Bitcoin in ETFs never exceeds 40% and institutions figure out how to buy Bitcoin and learn about self-custody. When game theory kicks in, there will be no longer any need to worry about ETFs.
                                  Don't let Coinbase custody your Bitcoin. Not your keys, not your coins.


                                  The greatest beauty of Bitcoin is that it's the only asset you can truly own. Nobody knows about your Bitcoin or how much you possess. You can carry it anywhere on earth. Why give custody to someone else?

                                  Not your keys, not your Bitcoin. What if US Government seizes coinbase? They will give you worthless cash in return just like they did in 1933. Stay away from ETFs my friends.
                                  For the most part, I agree with this. I hate Coinbase. Fee are too way too high, b/c the CEO can gouge.

                                  And to your point on Self-custody. If Coinbase goes away, your Coins are gone. Sorry, they're gone.

                                  I've tried to wrap my head around the impact of ETFs on the price. In the end, it should be minor. It's a Supply/Demand game. The # of coins available for sale on Exchanges is small. And it will be even smaller, so # go up.
                                  Where's the fuckin power box, Carol?
                                  Comment
                                  • raiders72001
                                    Senior Member
                                    • 08-10-05
                                    • 11018

                                    #18
                                    SOL memes




                                    SOL ecosystem https://www.coingecko.com/en/categor...lana-ecosystem

                                    The biggest problem right now is the German and US government dumping on exchanges such as Kraken instead of OTC.
                                    Last edited by raiders72001; 07-01-24, 03:22 PM.
                                    Comment
                                    • GunShard
                                      SBR Posting Legend
                                      • 03-05-10
                                      • 10026

                                      #19
                                      I'm expecting another crash later in July and August. When that happens then we buy the dip. It should be the last low price before the bull market starts in October.
                                      Comment
                                      • Sawyer
                                        SBR Hall of Famer
                                        • 06-01-09
                                        • 7707

                                        #20
                                        Originally posted by pabonaparte
                                        In this regard, degenerate sports betting is worse than shitcoins. But I digress...
                                        There isn't much difference between two actually.
                                        Comment
                                        • Arky
                                          SBR MVP
                                          • 12-09-11
                                          • 1093

                                          #21
                                          Originally posted by Sawyer
                                          Which Assets We're Using Today as Store of Value?


                                          When it comes to storing value, several assets are prominent today:
                                          ...............

                                          Ewww, I wouldn't invest in at least 3 of those:

                                          1. Equities - See 1929 stock market crash followed by the Great Depression. It can happen again.

                                          2. Cash - gets weaker every day. As long as money printer go "brrrr", cash will inflate away. The dollar is doomed. It may not be next month or next year but it is inevitable.

                                          3. Bonds - a big cog in the debt-based system we have. The Fed, the government and Wall Street are all in cahoots to keep you poor while the rich get richer. The SEC and IRS are working overtime to try to tame crypto.

                                          Even real estate is kind of iffy. If you own property, you are paying rent - they call it "county taxes". Don't pay your rent and they come seize your property.

                                          There's talk of using stablecoins to keep the entire system on life support. Be careful of any CBDC, I mean "stablecoin", that the government endorses.

                                          As for Bitcoin.... LFG!
                                          Comment
                                          • JAKEPEAVY21
                                            BARRELED IN @ SBR!
                                            • 03-11-11
                                            • 29217

                                            #22
                                            Sawyer, I don't see it getting anywhere close to that high but I really hope you are right and I'm wrong!
                                            Comment
                                            • raiders72001
                                              Senior Member
                                              • 08-10-05
                                              • 11018

                                              #23
                                              Originally posted by JAKEPEAVY21
                                              Sawyer, I don't see it getting anywhere close to that high but I really hope you are right and I'm wrong!
                                              I'm still with $250k this run.
                                              Comment
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