Published: 2022-04-11
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Predictions from this Video
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Prediction
Topic
Status
Bitcoin is predicted to reach $1 million per coin by the year 2030.
"bitcoin will reach one million dollars a coin by 2030."
Pending
By 2022, over 90% of the total 21 million Bitcoin supply had already been mined, with the remaining to be mined by 2140.
"there's only ever supposed to be 21 million bitcoins in all of existence but it will take us another 118 years before we mine all the bitcoins and before all 21 million actually exist that will take us to the year 2140 but as of today over 90 of bitcoins entire supply already exists"
Pending
Approximately 4 million Bitcoin (about 20% of the supply) are lost forever, making the actual circulating supply closer to 17 million.
"roughly 20 of bitcoins entire supply has been lost forever something like 4 million bitcoins will never be recovered which means the real supply of bitcoin is closer to 17 million"
Pending
For Bitcoin to reach $1 million per coin, its market cap would need to be approximately $20 trillion.
"the market cap at that point would be worth closer to 20 trillion dollars"
Pending
Achieving a $1 million Bitcoin price might require only $2 to $4 trillion in capital inflows, representing 10-20% of its potential market cap.
"it would be as little as 10 to 20 percent of its market cap which means instead of needing 20 trillion dollars we might only need two to four trillion dollars in inflows to make a million dollar bitcoin possible"
Pending
To reach a $1 million Bitcoin price within eight years, an average of $21 billion in monthly inflows would be required.
"that averages out to 96 months in the next eight years which would break that down to 21 billion dollars a month"
Pending
If Bitcoin captures 50% of the remittance market, it could add $300 billion to its market cap, equating to $14,000 per coin.
"if bitcoin can capture 50 of the remittance market that would add roughly 300 billion dollars to its market cap or 14 000 a coin"
Pending
If Bitcoin captures 10% of the global emerging market currency market, it could add $2.8 trillion to its market cap, or $133,000 per coin.
"if bitcoin can capture 10 of the global market here this would add 2.8 trillion dollars or roughly 133 000 a coin to the value of bitcoin"
Pending
If Bitcoin captures 25% of the economic settlement network market, it could add $3.8 trillion to its market cap, or $181,000 per coin.
"if bitcoin could capture just 25 of the market share here that would add 3.8 trillion dollars or a hundred eighty one thousand dollars a coin"
Pending
If Bitcoin captures 1% of the nation state treasury market, it could add $3.8 trillion to its market cap, or $181,000 per coin.
"if bitcoin can capture just one percent of the global market here that would add another 3.8 trillion dollars or a hundred eighty one thousand dollars a coin"
Pending
If High Net Worth Individuals hold 5% of their assets in Bitcoin, it could add $4 trillion to its market cap, or approximately $190,000 per coin.
"if those people held five percent of their assets in bitcoin that would add another four trillion dollars to the market cap or roughly 190 000 a coin"
Pending
If institutional investors hold 2.5% of their assets in Bitcoin, it could add $4.1 trillion to its market cap, or approximately $196,000 per coin.
"if only two and a half percent of their assets were held in bitcoin that would add another 4.1 trillion dollars to the market cap or roughly 196 thousand dollars a coin"
Pending
If 5% of corporate treasury bond funds were held in Bitcoin, it could add $4.2 trillion to its market cap, or approximately $200,000 per coin.
"if only five percent of their money was held in bitcoin here that would add 4.2 trillion dollars to the market cap or roughly 200 000 to the value of bitcoin"
Pending
If Bitcoin's market cap reaches half of gold's market cap ($5.5 trillion), it would add $260,000 to the value of Bitcoin.
"if bitcoin can reach half of gold's market cap at 5.5 trillion dollars that would add 260 000 to the value of bitcoin"
Pending
A combined market cap of $28.5 trillion across various sectors would imply a Bitcoin price of $1.36 million.
"altogether the grand total market cap would be 28.5 trillion dollars which would imply a bitcoin price of 1.36 million dollars"
Pending
The Mayer Multiple for Bitcoin is currently 0.89, which is below the historical buying threshold of 2.4.
"any time the mayor multiple was below 2.4 that's when historically it's been a good time to buy anything above that is expensive now as of right now with the current price of 42 700 the mayor multiple is 0.89"
Pending
Given the belief in Bitcoin reaching $1 million, the current time is suggested as a good opportunity to begin dollar-cost averaging.
"if you believe bitcoin will reach a million dollars someday now might be a good time to start dollar cost averaging"
Pending
By 2030, Bitcoin is not expected to replace traditional finance but will achieve a $1 million price through gaining market share in various industries.
"by 2030 i don't believe that bitcoin is going to replace banking it's not going to replace the dollar and it will not replace gold and it doesn't have to all it needs is a little market share from a couple different industries which is exactly what's happening right now to get us to a million"
Pending