and ETH would each represent 25 of that.55 trillion,.1375T each. Theres no way to know whether any of these stories are true. Imagine you buy stock in a company, say, Coca-Cola. Waterfall of cash, intrinsic value is this continuous waterfall of cash. How much could one Bitcoin be worth? Im not even saying Im right, but it changes my long term perspective and makes be a more patient investor. Again, this is just an apples to apples comparison, it doesnt take into account market speculations, dividends from Proof-of-Stake or incentives from new BIPs or EIPs, or other external forces that could factor.
The fact is, bitcoin has no intrinsic value at all.
Personally, I coped with my fomo by delighting in other peoples misfortunes, and realizing that investing in Bitcoin or any other cryptocurrency is kind of like playing the lottery.
Heres my simple explanation: Sizing the world economy, the nominal GDP of the world economy (as of 2016) is 78 trillion. BTC would be worth 81,742 2,900 from today. If 5 of the worlds GDP in 2020 is housed on the prevailing blockchains, then the value of crypto will.55 trillion. They panic sell, adding fuel to the micro-bear run and the price continues to drop. Huge numbers of people around the world consume Coke products. How much could one Ether be worth? I'm obsessed with these stories because I always dreamed of winning the lottery (spoiler: its hard to win it if you never play it) and retiring on a private island. Bitcoin, btcusd, -0.31, uS:btcf8 is a complex idea. This is a little harder to calculate due to the somewhat unknown supply of Ether in the future, how Proof-of-Stake might change new Ether issuance, and the impact that the Ice Age will have on time between new ETH issuance. Who buys an unproven web startup certain that it will disrupt an entire industry in short order? For simplicity and bi-partisanship, lets assume that BTC ETH are equally dominant, each with 25 of the total bitcoin core lataa blockchain nopeammin market size of crypto, with the remaining 50 distributed across hundreds of other coins, perhaps private bank and treasury networks.
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