There are Crypto Bulls and there are Crypto Bears. For instance the Reddit Co Founder, Alexis Ohanian sees Ethereum at $15,000 at the end of 2018, while on the other Hand the Oracle of Omaha, Warren Buffet thinks that investing in Cryptocurrencies is gambling.
Let’s face it, Cryptocurrencies are not going to go up forever. The Market Cap is limited !!! Goldman Sachs mentioned recently, that the Global Market Cap is heading towards $100 trillion ($100,000,000,000,000).
The Market Cap of all Cryptocurrencies that are listed at CoinMarketCap is at $435,902,485,433
So, I’ve done a little Calculation. If we divide $100,000,000,000,000 by $435,902,485,433 we get 229.4. So if all Cryptocurrencies combined should ever reach the same Market Cap that Stocks have, each Cryptocurrency would be worth 229 times more on Average. We would see Prices like these:
Of course this will never happen. But what if 10% of the Money that is invested in Stocks would flow into Cryptocurrencies? Then we could reach these Prices:
Not that bad either…..