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Friday, 1 January 2021

Did you know that Bitcoin Cash today should be worth more than $185,000?

Bitcoin BTC is at $29,086.41 per coin and aspires to be digital gold addressing a market size of $14T [1].

Total cash in the world according to the CIA is north of $80T.

Thus BTC can only approach less than 15% of BCH's addressable market [2].

Bitcoin BCH today is terribly undervalued and should be worth $185,121.17 or 535 times higher than it is at present [3].

You can invest in BTC at an all-time-high or in BCH at an all-time-low, with a potential market size many trillions larger. Add more BCH merchants folks. Each one brings us closer to the flippening.

  1. There are 244,000 tonnes of gold mined to date, at $61,022/kg x 244 million Kg = $14.88T
  2. 14.88*(14.88+80)) = 15.6%
  3. $29,086.41/15.88% = $185,121.17
submitted by /u/lessfiatmorecrypto
[link] [comments]

from Bitcoin - The Internet of Money https://ift.tt/385CwE6

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