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Topic: $1 Trillion Dollar Market Cap - page 2. (Read 501 times)

full member
Activity: 246
Merit: 100
February 07, 2018, 12:23:36 PM
#28
Is that cryptos are nearing a marketcap of nearly $1 trillion,and no single coin is anywhere near mass adoption.Of course I want it to reach one trillion dollar market cap but crypto isn't like stock,where the price is influenced by many other factors.
jr. member
Activity: 238
Merit: 7
February 07, 2018, 12:17:47 PM
#27
It is still a prediction and does not mean it will always come true.
Depends on who want to ride with it.
But as of my own opinion it could always be possible. If somehow 100 people is being introduced to bitcoin per day then the value might go crazy in demands. Out of all the people that will come there will be a percentage of it that will buy for their own reasons. Either be invested or for buying another coin. That is still demand.

The only problem I am concern about is that the people who invest in cryptocurrency are only there for a quick proft. These type of people are more harm to crypto then benefits. Price will go up a little and crash straight down to even a lower low.
hero member
Activity: 3052
Merit: 651
February 07, 2018, 12:11:45 PM
#26
It is still a prediction and does not mean it will always come true.
Depends on who want to ride with it.
But as of my own opinion it could always be possible. If somehow 100 people is being introduced to bitcoin per day then the value might go crazy in demands. Out of all the people that will come there will be a percentage of it that will buy for their own reasons. Either be invested or for buying another coin. That is still demand.
newbie
Activity: 47
Merit: 0
February 07, 2018, 12:00:16 PM
#25
I read an article and found this to be motivating for those who is investing in bitcoin. I not a big fan of CNBC, but they do have some bullish news about bitcoin. Jamie Burke, CEO at Outlier Ventures believes bitcoin can reach $50,000 this year. Once the lightening network is interested, it over. So you guys better start stacking and HODL. You should also get some ethereum because it a utility token and actually have a use, that is definitely going to boom. February will be the only time for these price.

Source:
https://www.c[Suspicious link removed]m/2018/02/07/bitcoin-price-could-hit-50000-this-year-experts-say.html

I think it is possible and this will be the good indication that bitcoin and utility tokens will boom this 2018.
jr. member
Activity: 238
Merit: 7
February 07, 2018, 11:29:33 AM
#24
I read an article and found this to be motivating for those who is investing in bitcoin. I not a big fan of CNBC, but they do have some bullish news about bitcoin. Jamie Burke, CEO at Outlier Ventures believes bitcoin can reach $50,000 this year. Once the lightening network is interested, it over. So you guys better start stacking and HODL. You should also get some ethereum because it a utility token and actually have a use, that is definitely going to boom. February will be the only time for these price.

Source:
https://www.cnbc.com/2018/02/07/bitcoin-price-could-hit-50000-this-year-experts-say.html
Will anyone explain me about market caps and anything that can be base related to it? I'm still really not familiar on these things, would appreciate if someone can share their knowledge about it.

The market cap of one coin is the total amount of circulating coins time the price of coins. For example, the market cap of bitcoin is $137,016,134,746 and it total circulating supply is 16,851,412. Each bitcoin is worth $8,130.84. Now if you multiple the the circulating supply which is16,851,412 and it current price, which is $8,130.84 you will get $137,016,134,746, which the market cap of that one coin. Now for the total market cap will be the sum of all the market cap of each coin. For example, ethereum market cap plus bitcoin market cap plus litecoin market cap, etc. I hope I help. Let me know if I did.

Here the sources if you need to learn more:


https://www.investopedia.com/terms/m/marketcapitalization.asp
https://en.wikipedia.org/wiki/Market_capitalization

Thank you so much! it able me to understand a bit. Other question is, is market cap is fixed or not? if not, is it a good thing if market cap get higher? and if fixed therefore only the supply changes and the price depends on the market cap and supply right?
Sorry to ask you so many questions, but will you give me formulas for this.

The market cap is the dependent variable. It relives on the coin price and circulating supplies to determine its value. So if the owner increase coin supply and the price doesn't change much the market cap value will increase. If the price increase, but the circulating supplies stay the same the market market cap will still increase. Obliviously if both circulating supply and price increase the market cap also increase. The market cap also decrease if either the circulating supply or prices decreases or both.
jr. member
Activity: 238
Merit: 7
February 07, 2018, 11:25:04 AM
#23
I read an article and found this to be motivating for those who is investing in bitcoin. I not a big fan of CNBC, but they do have some bullish news about bitcoin. Jamie Burke, CEO at Outlier Ventures believes bitcoin can reach $50,000 this year. Once the lightening network is interested, it over. So you guys better start stacking and HODL. You should also get some ethereum because it a utility token and actually have a use, that is definitely going to boom. February will be the only time for these price.

Source:
https://www.cnbc.com/2018/02/07/bitcoin-price-could-hit-50000-this-year-experts-say.html

It's funny that for the second time in the last 24 hours I see this $50,000 prediction for 2018. For the first time I saw it yesterday in the Business Insider:

Quote
Anthony Pompliano, a former product manager at Facebook, is managing partner at Full Tilt Capital, a North Carolina-based early stage investment firm that is putting all of its next $25 million fund into cryptocurrency startups.

Pompliano said that while his firm focuses on investments such as cryptocurrency infrastructure and technology instead of the more volatile digital coins, he sees bitcoin's crash as a natural part of the market cycle. He stands by his prediction that bitcoin will reach $50,000 in 2018.

Actually this is not far from the truth in my opinion, because Bitcoin showed the ability to reach $20k in December 2017 and that was when according to different researches only from 0.05% to 0.3% of the world population were using Bitcoin. Of course we should understand that 100% of people in the world will never be using Bitcoin or any other crypto because there are kids among them and a certain part of people who never use any kind of money. But it's obvious that that number can be ten times higher in the nearest future. I mean, what are the reasons to think that it's impossible for around 3% of people to start using Bitcoin in the nearest future?

That is big sign that we will be reaching a bull market soon. We manage to reach to $20000 with only .3% of the world population, so it obvious with 2% $50000 is a easy goal. Once these ICO regulation, taxes, and these coins usability are in place we will start seeing some interesting heights.
member
Activity: 350
Merit: 30
February 07, 2018, 11:24:56 AM
#22
I read an article and found this to be motivating for those who is investing in bitcoin. I not a big fan of CNBC, but they do have some bullish news about bitcoin. Jamie Burke, CEO at Outlier Ventures believes bitcoin can reach $50,000 this year. Once the lightening network is interested, it over. So you guys better start stacking and HODL. You should also get some ethereum because it a utility token and actually have a use, that is definitely going to boom. February will be the only time for these price.

Source:
https://www.cnbc.com/2018/02/07/bitcoin-price-could-hit-50000-this-year-experts-say.html
Will anyone explain me about market caps and anything that can be base related to it? I'm still really not familiar on these things, would appreciate if someone can share their knowledge about it.

The market cap of one coin is the total amount of circulating coins time the price of coins. For example, the market cap of bitcoin is $137,016,134,746 and it total circulating supply is 16,851,412. Each bitcoin is worth $8,130.84. Now if you multiple the the circulating supply which is16,851,412 and it current price, which is $8,130.84 you will get $137,016,134,746, which the market cap of that one coin. Now for the total market cap will be the sum of all the market cap of each coin. For example, ethereum market cap plus bitcoin market cap plus litecoin market cap, etc. I hope I help. Let me know if I did.

Here the sources if you need to learn more:


https://www.investopedia.com/terms/m/marketcapitalization.asp
https://en.wikipedia.org/wiki/Market_capitalization

Thank you so much! it able me to understand a bit. Other question is, is market cap is fixed or not? if not, is it a good thing if market cap get higher? and if fixed therefore only the supply changes and the price depends on the market cap and supply right?
Sorry to ask you so many questions, but will you give me formulas for this.
full member
Activity: 378
Merit: 100
February 07, 2018, 11:19:30 AM
#21
I read an article and found this to be motivating for those who is investing in bitcoin. I not a big fan of CNBC, but they do have some bullish news about bitcoin. Jamie Burke, CEO at Outlier Ventures believes bitcoin can reach $50,000 this year. Once the lightening network is interested, it over. So you guys better start stacking and HODL. You should also get some ethereum because it a utility token and actually have a use, that is definitely going to boom. February will be the only time for these price.

Source:
https://www.cnbc.com/2018/02/07/bitcoin-price-could-hit-50000-this-year-experts-say.html
The hardwork will get its pays when the times comes. How these few days market going health and bull trend still going. I never lost trust about new vision technology of this bitcoin. We should be happy now spectators realize this will going to be accepted widely even some other country being skeptic about it.
newbie
Activity: 50
Merit: 0
February 07, 2018, 11:16:44 AM
#20
If bitcoin goes up that high then its a good news for every bitcoin user. It would lead to more number of investments.
full member
Activity: 476
Merit: 103
homt.net
February 07, 2018, 11:06:29 AM
#19
Now market started bullish trend also already the big sale gone now is the time for normal offer . I have invested in some good potential coins yesterday but dint have enough dare to invest more now am regretting .
legendary
Activity: 3500
Merit: 2246
🌀 Cosmic Casino
February 07, 2018, 11:04:57 AM
#18
I read an article and found this to be motivating for those who is investing in bitcoin. I not a big fan of CNBC, but they do have some bullish news about bitcoin. Jamie Burke, CEO at Outlier Ventures believes bitcoin can reach $50,000 this year. Once the lightening network is interested, it over. So you guys better start stacking and HODL. You should also get some ethereum because it a utility token and actually have a use, that is definitely going to boom. February will be the only time for these price.

Source:
https://www.cnbc.com/2018/02/07/bitcoin-price-could-hit-50000-this-year-experts-say.html

It's funny that for the second time in the last 24 hours I see this $50,000 prediction for 2018. For the first time I saw it yesterday in the Business Insider:

Quote
Anthony Pompliano, a former product manager at Facebook, is managing partner at Full Tilt Capital, a North Carolina-based early stage investment firm that is putting all of its next $25 million fund into cryptocurrency startups.

Pompliano said that while his firm focuses on investments such as cryptocurrency infrastructure and technology instead of the more volatile digital coins, he sees bitcoin's crash as a natural part of the market cycle. He stands by his prediction that bitcoin will reach $50,000 in 2018.

Actually this is not far from the truth in my opinion, because Bitcoin showed the ability to reach $20k in December 2017 and that was when according to different researches only from 0.05% to 0.3% of the world population were using Bitcoin. Of course we should understand that 100% of people in the world will never be using Bitcoin or any other crypto because there are kids among them and a certain part of people who never use any kind of money. But it's obvious that that number can be ten times higher in the nearest future. I mean, what are the reasons to think that it's impossible for around 3% of people to start using Bitcoin in the nearest future?
hero member
Activity: 681
Merit: 507
February 07, 2018, 11:01:28 AM
#17
I read an article and found this to be motivating for those who is investing in bitcoin. I not a big fan of CNBC, but they do have some bullish news about bitcoin. Jamie Burke, CEO at Outlier Ventures believes bitcoin can reach $50,000 this year. Once the lightening network is interested, it over. So you guys better start stacking and HODL. You should also get some ethereum because it a utility token and actually have a use, that is definitely going to boom. February will be the only time for these price.

Source:
https://www.cnbc.com/2018/02/07/bitcoin-price-could-hit-50000-this-year-experts-say.html

If we reach 50k that will help us break the 1 trillion market cap, cant wait for that to happen. That will be a huge milestone.
member
Activity: 114
Merit: 10
Bitcoin: 1HrWs3tDzWr13zocV3qP9ENRLgiDuewtsu
February 07, 2018, 10:58:27 AM
#16
it's just assumptions, it's good to look out for new announcements from big companies or officials, but future values are unknown.
jr. member
Activity: 238
Merit: 7
February 07, 2018, 10:56:10 AM
#15
I read an article and found this to be motivating for those who is investing in bitcoin. I not a big fan of CNBC, but they do have some bullish news about bitcoin. Jamie Burke, CEO at Outlier Ventures believes bitcoin can reach $50,000 this year. Once the lightening network is interested, it over. So you guys better start stacking and HODL. You should also get some ethereum because it a utility token and actually have a use, that is definitely going to boom. February will be the only time for these price.

Source:
https://www.cnbc.com/2018/02/07/bitcoin-price-could-hit-50000-this-year-experts-say.html
Will anyone explain me about market caps and anything that can be base related to it? I'm still really not familiar on these things, would appreciate if someone can share their knowledge about it.

The market cap of one coin is the total amount of circulating coins time the price of coins. For example, the market cap of bitcoin is $137,016,134,746 and it total circulating supply is 16,851,412. Each bitcoin is worth $8,130.84. Now if you multiple the the circulating supply which is16,851,412 and it current price, which is $8,130.84 you will get $137,016,134,746, which the market cap of that one coin. Now for the total market cap will be the sum of all the market cap of each coin. For example, ethereum market cap plus bitcoin market cap plus litecoin market cap, etc. I hope I help. Let me know if I did.

Here the sources if you need to learn more:


https://www.investopedia.com/terms/m/marketcapitalization.asp
https://en.wikipedia.org/wiki/Market_capitalization
jr. member
Activity: 238
Merit: 7
February 07, 2018, 10:41:31 AM
#14
$1 trillion dollar market cap isn't anything special to be honest. If we look at the total market value of developed assets, $1 trillion for crypto is still nothing more than a joke. This directly indicates how much potential this entire market has, and with a better overall regulated market allowing professional parties to get involved, we might even make the once so 'invincible' considered Gold look like crypto's little brother. It will then be interesting to see how governments will respond to that, taking into consideration that they are major Gold holders. I haven't cashed anything out to my bank account in ages now, and will definitely not do so in the forthcoming years. I like how my wealth in Bitcoin keeps growing, while people's fiat wealth is losing purchasing power with the day.  Wink

Man, I want to be like you some day. I would love to sit down and see my wealth grow like that. If gold become bitcoin I will found that to be hilarious. I known it very possible. It will be interesting to see how the government will react to this. Every champion have to lose eventually.
sr. member
Activity: 602
Merit: 252
February 07, 2018, 10:40:26 AM
#13
With so many new projects crowding the altcoin marketplace and a few of them hitting big numbers on their crowdsale, the overall market cap never stops growing. With Bitcoin already on the recovery road from the latest slump and all altcoins following it, the total market cap is expected to keep growing with increasing prices and eventually reaching one trillion dollars. The only question now is how soon this can happen given that bullish period has just begun.
member
Activity: 350
Merit: 30
February 07, 2018, 10:35:36 AM
#12
I read an article and found this to be motivating for those who is investing in bitcoin. I not a big fan of CNBC, but they do have some bullish news about bitcoin. Jamie Burke, CEO at Outlier Ventures believes bitcoin can reach $50,000 this year. Once the lightening network is interested, it over. So you guys better start stacking and HODL. You should also get some ethereum because it a utility token and actually have a use, that is definitely going to boom. February will be the only time for these price.

Source:
https://www.cnbc.com/2018/02/07/bitcoin-price-could-hit-50000-this-year-experts-say.html
Will anyone explain me about market caps and anything that can be base related to it? I'm still really not familiar on these things, would appreciate if someone can share their knowledge about it.
hero member
Activity: 896
Merit: 504
February 07, 2018, 10:33:31 AM
#11
Bitcoin's price could make great rally in any of few days of this year. You can wake up in the morning and price will be  $ 50,000.
copper member
Activity: 14
Merit: 0
February 07, 2018, 10:30:44 AM
#10
I read an article and found this to be motivating for those who is investing in bitcoin. I not a big fan of CNBC, but they do have some bullish news about bitcoin. Jamie Burke, CEO at Outlier Ventures believes bitcoin can reach $50,000 this year. Once the lightening network is interested, it over. So you guys better start stacking and HODL. You should also get some ethereum because it a utility token and actually have a use, that is definitely going to boom. February will be the only time for these price.

Source:
https://www.c[Suspicious link removed]m/2018/02/07/bitcoin-price-could-hit-50000-this-year-experts-say.html

HOLD, HOLD and HOLD  Grin Bitcoin wil be 100K USD in the end of year  Grin
jr. member
Activity: 238
Merit: 7
February 07, 2018, 10:30:02 AM
#9
We don't how market will go now, but hitting price 20k usd quite possibly. Bitcoin always recover their old price, with todays popularity it will be soon

Yeah I pretty sure once bitcoin hit $20000, it going to fly the same way it did when it hit $3000 and $5000. $20000 is consider the new big milestone. We just need to survive these regulation. It going to be a tough year and only the strongest will survive.
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