RE:RE:RE:RE:Thoughts I think it would be more comparable to view MSFT market cap in 1994 to the bubble burst. When things are frothy with the cash supporting it etc things can go on for a while. You have govts of Japan heavily in the markets via ETF's etc. Everything has a ways to go with corrections to eventually come along the way but they can print and support the markets here and I think that will happen until the final wash out. But could be years from now.
But the price of something is irrelevant. Its the market cap. To me at least and I think it a stretch unless it appears that mining is turning out to be as lucrative as many are suggesting here...for things to go to $50 bil in market cap. Though 5 to 10 could be more realistic.
Was a good bounce off the 2.50 gap which intrigued me but not great follow through. Also what happens now Dec 10 with the huge gains for those folks sitting on the table. Let see.
$50 billion market cap still seems a bit of a stretch for 3 to 4 months out. Can anyone provide the actual crypto transaction rates and their growth? If that is the model for Blockchain companies? And then does that make it realistic that $50 bil is possible?