If you think you’ve already missed bitcoin’s biggest price gains, think again. The Winklevoss Twins think bitcoin has plenty of room to run and is wildly undervalued at anything less than a $7 trillion market capitalization. For perspective, bitcoin’s current market cap is $229 billion.
Cameron and Tyler Winklevoss, who reportedly own 1 percent of all bitcoin outstanding, base their theory on BTC surprising the market cap of gold.
Bitcoin has long been considered “digital gold” or a store of value due to its scarce supply and lack of correlation to other market assets. But the digital gold narrative has strengthened throughout 2019.