Bitcoins Market Cap Is Only $281 Billion (Projection to $1M)

8월 29일

Never wanted to make a post about this until I had my positions set in stone, its more of a log book (future time capsule) but who knows how information could spread.


The public consensus is pricing Bitcoin incorrectly and Institutions have jumped on this opportunity as in hindsight it would be very obvious we have calculated it wrong for the last cycles.


Gold is priced by the total actively traded known supply in the market / price
(Active Supply × Price)

How is Bitcoin priced?
(Total Supply × Price)

Clearly this is very wrong and miss leading as if you compare Bitcoin to Gold it suddenly becomes inflated based on the standard commodity calculations.


How do we get the Gold equivalent Bitcoin Market Cap?
(Active Supply × Price)

Utilizing *Realized Cap HODL Waves* *Glass Node* we get an active supply of 4,750,000 BTC and this shrinking and the upper range of the Bitcoin supply over the last years that is active and not lost.

4,750,000BTC × $59,300USD / BTC= $281,675,000,000USD

Institutions have known this since the Stock To Flow model and why the S2F gets ridiculed its on the track to calculating Bitcoin correctly.

Now what happens to an asset under 300b in market cap and Spot ETF Options launch and the largest retirement funds in the world ramp the allocations and switch out Gold / Equities into Bitcoin? there's a reason institutions are slowly testing marketing / retirement fund allocations making sure there is no hick ups as when the green light is on and real capital flows into Bitcoin its going to make Nvidia look normal.