Would we have next CYCLE? BTC vs GOLD vs Amazon + global economy

2021년 10월 20일

BTC vs GOLD
Oh boy, we just started. When you look at the logarithmic Gold price it seems like it is a straight line. In reality, it is just too small period of time for gold (2011-2021 -> 10 years).
You can have a look at how GOLD behaves in wider perspective - 20-25 years here: goldprice.org/
In my opinion, it just shows that in a long term BTC is going to be more stable, but still grow with inflation as GOLD does in 20-25 years long term perspective.

BTC VS Amazon
BTC in volume is right behind Amazon: coinmarketcap.com/largest-companies/
Amazon made from 170 - 3500 USD per stock.
BTC has grown much more than that.
That let me think it Crypto movement is something much bigger than just one of the biggest companies in the entire world.
It connects countries, economies, peoples. It gives financial freedom we all need like EU GDPR data freedom.

What is next?
If you could compare BTC volume with Chinese Yuan: coinmarketcap.com/fiat-currencies/
It seems like BTC requires about 30 times growth to have the same Market Cap as Yuan.
And this is just, freaking Yuan.
What if BTC Market Cap could grow like all top 10 currencies together?
Let me calculate this for you ~= 1 645 076 799 BTC of Market Cap. Currently, we have about 19 000 000 BTC mined.
1 645 076 799 BTC / 19 000 000 BTC = 86,58 times to grow.
BTC current price is 64 000. Times 86,58 = 5 541 120 USD per single BTC.

Some countries would ban BTC or regulate it. Banks would lose control and they would try to fight it somehow.
But you can not win with this because of its decentralized nature.
We've got stone, bronze, iron age, now is crypto age - this is how big this is.

If from cycle to cycle peak we grow 10 times on average, then we could have like 8 more cycles.
If 100 times then we could reach the above goal in at least one more cycle.

I've tried to answer myself if BTC cycles would occur once again or not. IMO yes.

Let's see. Do what you feel.