At $2,000, bitcoin is worth 0.5% of golds market cap. Is there still room for growth?

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Price per Coin % of gold value
$200 0.05%
$500 0.1%
$1,000 0.2%
$2,000 0.5%
$5,000 1%
$10,000 2%
$20,000 5%
$50,000 12%
$100,000 24%
$200,000 48%
$500,000 121%
$1,000,000 242%

Assumptions:

  • 1) Gold market cap is $1.6tn.
  • 2) There are 14m bitcoins in circulation.

submitted by /u/ib927
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247 Bitcoin

Bitcoin News Search

1 News - 247 News - 247 Bitcoin - 1 Search


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