| | | does it probably mean pushing Bitcoin up to $162,000 price would take 10x the buying power of the 2017 run
Institutions (e.g. ETFs, hedge funds) and companies like Microstrategy are probably dwarfing individual investments in Bitcoin. BTC is now 711 Billion which is a drop in the bucket compared to other investment vehicles like stocks, real estate, debt and derivatives:
visualcapitalist.com
CategoryValue ($ Billions, USD)Source|
| Silver | $44 | World Silver Survey 2019 | | Cryptocurrencies (edit-now $1,183) | $244 | CoinMarketCap | | Global Military Spending | $1,782 | World Bank | | U.S. Federal Deficit (FY 2020) | $3,800 | U.S. CBO (Projected, as of April 2020) | | Coins & Bank Notes | $6,662 | BIS | | Fed's Balance Sheet | $7,037 | U.S. Federal Reserve | | The World's Billionaires | $8,000 | Forbes | | Gold | $10,891 | World Gold Council (2020) | | The Fortune 500 | $22,600 | Fortune 500 (2019 list) | | Stock Markets | $89,475 | WFE (April 2020) | | Narrow Money Supply | $35,183 | CIA Factbook | | Broad Money Supply | $95,698 | CIA Factbook | | Global Debt | $252,600 | IIF Debt Monitor | | Global Real Estate | $280,600 | Savills Global Research (2018 est.) | | Global Wealth | $360,603 | Credit Suisse | | Derivatives (Market Value) | $11,600 | BIS (Dec 2019) | | Derivatives (Notional Value) | $558,500 | BIS (Dec 2019) | | Derivatives (Notional Value - High end) | $1,000,000 | Various sources (Unofficial)
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