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The present market capitalization of Bitcoin is seriously underestimated, with the reasonable worth being someplace in the millions per coin in existing dollar terms, stated Dan Held, director of growth at Sea serpent.
Speaking to David Lin, anchor for Kitco News, Held claimed that "I assume Bitcoin's market capitalization should be in between $10 as well as $200 trillion, would be one of the most appropriate valuation."
Adhere To David Lin on Twitter: @davidlin_TV ()
Follow Dan Held on Twitter: @danheld ()
0:00 – Bitcoin fostering curve
6:35 – Bitcoin Rate Cycle
11:57 – Bitcoin's Worth Projection
18:25 – Rules on Cryptocurrencies
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Why Bitcoin’s market cap should be $10-$200 trillion – Dan Held (Pt. 2/2)
The current market capitalization of Bitcoin is severely undervalued, with the fair value being somewhere in the millions per coin in current dollar terms, said Dan Held, director of growth at Kraken.
Speaking to David Lin, anchor for Kitco News, Held said that “I think Bitcoin’s market capitalization should be between $10 and $200 trillion, would be the most appropriate valuation.”
Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV)
Follow Dan Held on Twitter: @danheld (https://twitter.com/danheld)
0:00 - Bitcoin adoption curve
6:35 - Bitcoin Price Cycle
11:57 - Bitcoin's Value Projection
18:25 - Regulations on Cryptocurrencies
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
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