Bitcoin to $10T(Market Cap) "Sooner Than Later"

I've been throwing around quite some bold numbers for Bitcoin lately, through my blog, and there are probably some of you who read my posts that are already fed up with this super cycle theory and all this circus coming from my side. I stand by my big numbers for this cycle and I also believe it will be like no other.

The fact that everybody expects for it to end after four years and have nailed their price targets and time frames it makes it actually to "screw everything and everybody" and take a different path. Nobody has expected BTC to go from $1,000 to $20,000 in 2017...

Bitcoin is a one trillion dollars asset, it's valued at around $55,000 per coin and has already become legal tender in a small country in the world. Satoshi's "home backed product" is no longer in its incipient phase, it has in my opinion transitioned to the mass adoption stage and at this level it's almost impossible for it not to enter a super cycle.

Bitcoin to $10T(Market Cap) "Sooner Than Later"

That's the title you read and although a part of your brain agrees on that one, the other is laughing and asking: who the hell is going to pour all that money in some digital coin that turned Michael Saylor into its fanatic? I'll answer a potential question with another: did you know that "98% of retirement accounts in the US can’t access Bitcoin"?

That's roughly 38 trillion dollars sitting on the sidelines waiting for a damn Bitcoin ETF to be approved by the SEC and if only 5% of all that money is allocated to "buying into Bitcoin", through a damn ETF, we will have a buying pressure of $1.9T coming solely from the US retirement accounts. They won't go all in and $1.9T is not a number to play with...

A US Bitcoin ETF will be approved by the SEC most probably by the end of the year. It has been delayed for too long, the demand is huge, Bitcoin has already proved "its use case" and there are definitely "leading powers from the country" that have all the reasons in the world to push for the approval of such ETF.

As I wrote in my previous post, there are already investment funds that can't directly buy Bitcoin and have announced they'll buy shares of such an ETF as soon as it is approved. Tesla is already holding BTC on its balance sheet, and has probably bought the dip as the president of El Salvador has done lately, and we will definitely see more large companies following suit.

The financial institutions that we have been waiting for are already here and some of them are on the sidelines waiting to aggressively "buy their share into the asset of the decade". The largest company by market cap is Apple, with $2.382 T and my bet is that Bitcoin(although not a company) will 4x that in no time.

I know some of you might call me nuts for such statements, but I truly believe in what I say. The world's "state of affairs" right now and the level of mass adoption for Bitcoin are favorable catalysts for a Bitcoin $10T market sooner than later.

Look at Hive... Look at where it's gotten in terms of development and it's just a one and half years old blockchain that basically nobody knows about. Bitcoin is no longer just an asset, it's the perfect money we've been waiting for more than a thousand years. It's gonna eat a lot of cash into its belly and that will happen quite soon.

The problem is that the distribution of the coins will no longer be as centralized as it was four or five years ago and that these big players putting their hands on some will not dump them as we plebs do... These individuals will hold em under the mattress for long time ahead. They have the means and the patience to do that.

Bitcoin is already a lost train for many us, myself included. We're not screwed though, on the contrary we're still active participants in one of the most aggressive and impactful revolutions this world has ever experienced. I just wish I could have watched that educational video(on Vimeo I guess) @onealfa has made with his daughter, back in 2013, and put my hands on some Bitcoin at that time...

Imagine buying Bitcoin in 2013... $10T total market cap will come sooner than most are expecting, or I will delete this post :D.

Thanks for attention,
Adrian

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