Can bitcoin realistically 10x from its current level in the foreseeable future?

I bought some bitcoin and started wondering whether I should keep buying, given its current market cap. Right now bitcoin’s circulating supply is probably about 16 million coins, accounting for several million coins whose keys have been lost forever. So I guess the market cap is about $1.4 trillion.

Now imagine 10x increase: price ~$900k, market cap ~$14 trillion. That’s roughly the same as the total value of all the gold on the planet. It seems that to hit this level, bitcoin would essentially need to replace gold as a store of value.

100x increase? price ~$9 million, market cap $140+ trillion. That’s comparable to the entire global stock market. It would mean the dollar is dead.

Does it seem reasonable to expect a 10x increase over the next few years?

Sorry if these thoughts seem obvious or if the answers are already clear to everyone else.

submitted by /u/Practical-Option-104 to r/btc
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Quelle: bitcoin-en