How much money must flow in to put the #bitcoin price at $10M per coin?

It’s hard to say how many #bitcoin  that are available to buy, but let’s say 5M. There are around 2M on exchanges, and let’s add 3M held by weak hands.

For the price to reach $10M per coin they would not have to buy all of them for $10M per coin, so let’s calculate with $5M per coin on average.

5M BTC x $5M = $25T would have to flow in.

Reply to this note

Please Login to reply.

Discussion

I got $5 on it.