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A comment on Ask HN: I have 1 BTC, what can I do with it?.

Re:Ask HN: I have 1 BTC, what can I do with it? by joaogfarias on Saturday December 26, 2020 @10:31AM (#25543987)
If you think the project makes sense, I would suggest hold into it.

Bitcoin has a market cap of ~472 billion dollars. The amount of dollars in circulation is on the magnitude of hundreds of trillions.

Therefore, it's still way too undervalued.

https://howmuch.net/articles/worlds-money-in-perspective-201...

(Note: "Very old chart", but the idea is the same)

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Re:Ask HN: I have 1 BTC, what can I do with it? by leoplct on Saturday December 26, 2020 @10:41AM (#25544050)
I do think the real circulating supply is lower (Lost wallet, Seized wallets) therefore the real market cap is lower. About valuation, you cannot compare a company which gives investors dividends/buyback vs a currency only used for holding and trading.
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