Been a Bitcoin buyer now for about 5-6 years now, usually bought at the top and sold on the way down 2 times now. This is the first time I have held my nose on the bottom and I hope it goes higher.
Caveat, I don't plan on selling my Bitcoin but I am reconsidering if I should keep investing.
I guess my question is, is there enough money for us to see it go to 300k? When it was at $120K it was valued at about 2T if I am not mistaken.
Is it even possible for it to go to the numbers we want it to go? Sorry not a technical person so would love some insight and opinions. For it to be at let's say 300K, would it need to be valued at around 5 trillion, is there even enough liquidity to cover it?
Have a question – is there enough money to push the value to 300k+
byu/Extraordinary_6708 inBitcoin
Posted by Extraordinary_6708
11 Comments
Fiat money is infinite, so yes
If you can wait more than 5 years, then yes. Now you can’t expect explosive movements like before in short term, because of high market cap. We need to be patient.
NVIDIA is worth close to 5T and it’s not remotely as valuable as Bitcoin. Of course there’s enough liquidity for BTC to have 100T market cap especially when price is determined on the margin.
Very much possible, gold has a market cap of 32T.
And technically it can go further than that.
A market cap of 2 trillion doesn’t mean that 2 T have been spent. It is just the price that someone has paid for the last coin multiplied by supply (the about 20 million in existence). So if no one sells the market cap could be way higher.
Yeah it’s absolutely possible in terms of sheer numbers. Global wealth is like 400T plus, 5T is pocket change at that scale.
The real question is adoption and narrative, not “is there enough money.” If Bitcoin keeps creeping into ETFs, balance sheets, sovereign reserves etc, a 5T or even 10T market cap over a cycle or two is not some wild sci fi thing.
If you keep buying, just zoom out and treat it like a 10+ year conviction play, not something you stress over each halving cycle.
Market cap is not how much money went into something. It’s not an account to add to or pull out of.
If everyone stops selling for anything less than $300,000, even $1 worth of trade will print the price @ $300,000.
You’ve been in Bitcoin for that long and still making those mistakes and don’t understand how this works?
People overcomplicate this. It’s not about “is there enough money” sitting somewhere waiting to push it to 300k.
Price moves when buyers are willing to pay higher prices than sellers. That usually comes from demand, hype, liquidity, big players stepping in, not some fixed pot of cash. Market cap just scales with price, it doesn’t mean that exact amount of money went in.
Could it hit 300k? maybe, if enough demand shows up over time. But don’t treat it like a guaranteed target. Way better to think long term and size your position so you’re fine either way. I write about this kinda stuff in a simple way sometimes, link’s on my profile if you want more.
What? Just stack sats
Yes. There isn’t enough Bitcoin