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Topic: 10 billions USD market cap reached (Read 1140 times)

hero member
Activity: 602
Merit: 500
June 14, 2016, 07:56:28 AM
#23
Cool...... the market cap is rapidly approaching the $11 billion mark. And there is a strong chance that some of the altcoins can also reach the 1 billion market cap. Oh.. my bad... Ethereum has already crossed the $1 billion mark. Right now, the ETH market capitalization is $1.347 billion. Litecoin is lagging at $253 million.

The price is $706 in Bitstamp already. It is rising toooo fast. I have a bad feeling it will drop very soon.
it might drop really fast too when people will start selling to take out profit though lets hope it wont happen soon

its a huge milestone for bitcoin i hope the price will continue growing for a while

Reaching 10 billion USD is a great milestone for this bitcoins. This only indicates the faith people have in this digital Currency. The thing to concern is the price of bitcoin has is rising enormously since the last 3 days. This may be good in the the short term but  as per the history of this coin, once the price rises high all of a sudden, it can fall also all of sudden. And when a price rises slow and steadily, more are the chances that it will never fall back soon.
hero member
Activity: 1372
Merit: 564
June 14, 2016, 06:37:53 AM
#22
Thats very shocking seeing how rapidly its market price rises and reaches the cap of its price.But i think reachinh its cap amy result for a downfall but hope not too
sr. member
Activity: 462
Merit: 250
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June 13, 2016, 08:46:21 AM
#21
Cool...... the market cap is rapidly approaching the $11 billion mark. And there is a strong chance that some of the altcoins can also reach the 1 billion market cap. Oh.. my bad... Ethereum has already crossed the $1 billion mark. Right now, the ETH market capitalization is $1.347 billion. Litecoin is lagging at $253 million.

The price is $706 in Bitstamp already. It is rising toooo fast. I have a bad feeling it will drop very soon.
it might drop really fast too when people will start selling to take out profit though lets hope it wont happen soon

its a huge milestone for bitcoin i hope the price will continue growing for a while
full member
Activity: 226
Merit: 100
June 13, 2016, 08:43:02 AM
#20
Cool...... the market cap is rapidly approaching the $11 billion mark. And there is a strong chance that some of the altcoins can also reach the 1 billion market cap. Oh.. my bad... Ethereum has already crossed the $1 billion mark. Right now, the ETH market capitalization is $1.347 billion. Litecoin is lagging at $253 million.

The price is $706 in Bitstamp already. It is rising toooo fast. I have a bad feeling it will drop very soon.
legendary
Activity: 3766
Merit: 1217
June 13, 2016, 04:20:29 AM
#19
Cool...... the market cap is rapidly approaching the $11 billion mark. And there is a strong chance that some of the altcoins can also reach the 1 billion market cap. Oh.. my bad... Ethereum has already crossed the $1 billion mark. Right now, the ETH market capitalization is $1.347 billion. Litecoin is lagging at $253 million.
hero member
Activity: 574
Merit: 500
June 13, 2016, 04:12:22 AM
#18

Yep, the magical 11 digit number has been reached! Go bitcoin! As I've said, the halving is doing a lot good to bitcoin. It's the second halving but it's definitely something special for us.

Next target: 100 billion USD market cap. I predict 2018.
hero member
Activity: 854
Merit: 1009
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June 12, 2016, 08:05:42 PM
#17
Nice to see that bitcoin is on the right path to growth.

It was just a few years ago when it was 10b but then i wasnt in bitcoin yet, and now all these past 3 years i`ve been here i have seen only bitcoin grow.

It is a positive experience.
legendary
Activity: 938
Merit: 1000
June 12, 2016, 08:04:31 PM
#16
Great new but this is due to the increased coins on the market.
hero member
Activity: 3094
Merit: 537
Leading Crypto Sports Betting & Casino Platform
June 12, 2016, 08:02:28 PM
#15
so fun to see this, $ 10,506. It's will take a more attention from some country to consider how bitcoin is potentially currency. And they want to support bitcoin and make bitcoin easily to thrive in their country.
legendary
Activity: 3066
Merit: 1047
Your country may be your worst enemy
June 12, 2016, 05:14:33 PM
#14
So what? Market cap is 25% lower from what it was 2 years ago, so it's too early to party, yet. Let's wait some more. Maybe we won't have to wait long...
full member
Activity: 226
Merit: 100
June 12, 2016, 12:50:20 PM
#13
Even though the bitcoin has reached the $10 billion market cap, I would be even happier if the market cap is all time high.
hero member
Activity: 593
Merit: 505
Wherever I may roam
June 12, 2016, 12:34:36 PM
#12
I'd hate to see it pop like a bubble and fall back to $400 per BTC. Look at the Gox moment.

I hope that by now people have learnt not to keep the money in exchanges. Be your own bank!
legendary
Activity: 1662
Merit: 1050
June 12, 2016, 12:29:46 PM
#11
I'd hate to see it pop like a bubble and fall back to $400 per BTC. Look at the Gox moment.
d
what make you feel like price will again go back to 400$ from this level? I am not seeing any reason for this, i will hold till end of june.
Market will always go for true price discovery. The true price to produce 1 BTC will be dependent on efficiency of mining manufacturers and difficulty adjustment.
legendary
Activity: 1120
Merit: 1008
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June 12, 2016, 12:15:29 PM
#10
I'd hate to see it pop like a bubble and fall back to $400 per BTC. Look at the Gox moment.
d
what make you feel like price will again go back to 400$ from this level? I am not seeing any reason for this, i will hold till end of june.
hero member
Activity: 3220
Merit: 678
www.Crypto.Games: Multiple coins, multiple games
June 12, 2016, 12:11:58 PM
#9
It's just a little overwhelming that the market cap jumped up nearly $3billion in a little over one month.
However, I believe it will still continue to go up because of the hype from the halving (or not really because of that). I'm just really hoping for the best here and trying to make a profit :p
legendary
Activity: 1662
Merit: 1050
June 12, 2016, 11:34:32 AM
#8
I'd hate to see it pop like a bubble and fall back to $400 per BTC. Look at the Gox moment.
Gox like Willy bot is possible when there is only one leading exchange. This time China is leading and the bull run is happening across multiple exchanges. Hence, Gox wont repeat for Bitcoin, though this might happen for some Alt coin.
full member
Activity: 138
Merit: 102
June 12, 2016, 08:05:41 AM
#7
It's not surprising, the Classic movement dead and the looming halving is being priced in. Expected to settle in the 730$ - 790$ range any day now.
sr. member
Activity: 504
Merit: 250
June 12, 2016, 08:05:22 AM
#6
I'd hate to see it pop like a bubble and fall back to $400 per BTC. Look at the Gox moment.
legendary
Activity: 3416
Merit: 1225
Enjoy 500% bonus + 70 FS
June 12, 2016, 08:02:42 AM
#5
I think it's not surprising Bitcoin is now on it's all time high with the halving one of the factor is the hyip industry almost 95% of them shifted to bitcoin,I can see that on all my feeds on facebook every one promoting bitcoin hyip ..
legendary
Activity: 1512
Merit: 1012
June 12, 2016, 07:10:00 AM
#4
Great news for bitcoin community, what would be the feedback of the government with this?  Grin

Exactly the same...
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