Is bitcoin at 10 Million impossible? Not if you assume that it can gain a certain market share of other assets which have been monetized as a store of value because of the lack of better alternatives.

@`petermccormack`whatbitcoindid podcast with Jesse Myers showed a couple of interesting slides which I copy below courtesy of @`petermccormack`

The above shows the value of several assets classes such as stocks, Bonds, Real Estate Gold etc to be cumulatively approx. US$ 900 Trillion. The second below shows Jesse Myers allocation of a % of any such assets classes to bitcoin. You can play with that as you like and come out with your preferred bitcoin market cap and divide that for 21 million (actually I would divide for 19 million to account for the lost keys and Satoshi holdings which never moved since inception).

Say what is your forecasted bitcoin price and how far down the line you see that happening.