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I've been playing around with this simulator of Bitcoin's long-term value. Thanks to @elvismercury for turning me on to it.
It's hard not to feel like Bitcoin is still wildly underpriced after feeding in a bunch of different sets of seemingly reasonable parameters.
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This thing is too bearish for me. Haha.
Just kidding. It's quite fun. I will add this to my list of procrastination tools along with nfl mock draft simulators and nba lottery simulators.
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The element it highlights that I wasn't giving enough consideration is discounting those future projections to present value.
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Have you tried setting everything at max and seeing what result you get?
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No, that would mean considering every asset to be pure monetary premium and saying that bitcoin will certainly capture all of that value this year.
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Best I could do is $333,036,345
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I only got $27 million. Did you inflate all the market caps?
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Yes but only to 999 trillion each. I was reasonable.
@DarthCoin should we critisize this as well as directed. The long term value is being calculated in terms of 💩 here. Just asking😜 no offense to you @kr.
However, I must admit after reading the article I can say that it touched upon some of the points I hardly knew. Enjoyed reading it and well done.
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If I had to bet on what the Bitcoin adoption curve will look like, I would say it should be similar to that of the mobile phone. I tried to find data on this but couldn't find any. Do you have any knowledge of these numbers?
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stackers have outlawed this. turn on wild west mode in your /settings to see outlawed content.