Quote:
Originally Posted by hdbuilder
I wouldn't say 100k but its nice to see it climbing back
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I would...the market cap is fake...I would say that at the moment bitcoin has a 3billion fiat influx...so for it to reach 100K it would have to get another 27 billion in cash in to the system....not at all impossible if you consider its global scale...
the market cap is inflated at least 50x...hot air comprises the rest...mined coins and air drops and forks...air biscuits, farts you can taste
...tether may be the only real crypto with a real market cap of 2 billion in actual fiat IF the FUD is not true....
a 1 million bitcoin may not be far fetched at all....cashing out is a completely different story...but all it would take is for the greater fools to pitch in another 300bil globally...