For this situation it's small indeed.But it's not so small so to say.Though the market is small but here's a lot of investors.So that's why the market is getting grow up.
So you can be feel lucky that the market isn't very small now it's upgrading and you are a part of this.
Topic: Actually the bitcoin market is very small (Read 4182 times)
I don't think so but for now bitcoin is in a good value now and I think bitcoin is in more value in someday and for me I think I'm satisfied now bitcoin its a great value in the market
i think bitcoin market is very large than we can know because we only know the bigger market and we don't have a time to make a list from all of the market. I am sure that in out there, still many small market which trading bitcoin pair fiat or altcoin or there are any local exchanges in out there. but once bitcoin is become larger than now, I am sure that there will be more market available especially in every country that want to create their own market to serve their people.
yes. that is as of at the moment but bitcoin will continue rising and will be successful as days go by. bitcoin has high potential so there will be no problem
I dont expect bitcoin to ever become a world currency but i dont think the miners are going to stop anytime soon, i actually do wonder sometimes if its just me and a few other people that use bitcoin since no one i ever speak to in real life have ever used it but the market cap shows that theres a few quid in it. You may think its low but it wouldnt take much to make that rise massively.
I don't think so, if the bitcoin's currency continue it's actual success i believe that it can become a worldwide currency used everywhere easily, especially with it's simple and easy to use features.
there are over eight decimals to the BTC 0.00000000
which means you can even send values less than a cent, the fact that there are 21 million BTC's is irrelevant
which means you can even send values less than a cent, the fact that there are 21 million BTC's is irrelevant
I dont expect bitcoin to ever become a world currency but i dont think the miners are going to stop anytime soon, i actually do wonder sometimes if its just me and a few other people that use bitcoin since no one i ever speak to in real life have ever used it but the market cap shows that theres a few quid in it. You may think its low but it wouldnt take much to make that rise massively.
I don't think so, if the bitcoin's currency continue it's actual success i believe that it can become a worldwide currency used everywhere easily, especially with it's simple and easy to use features.
I dont expect bitcoin to ever become a world currency but i dont think the miners are going to stop anytime soon, i actually do wonder sometimes if its just me and a few other people that use bitcoin since no one i ever speak to in real life have ever used it but the market cap shows that theres a few quid in it. You may think its low but it wouldnt take much to make that rise massively.
I don't think so, if the bitcoin's currency continue it's actual success i believe that it can become a worldwide currency used everywhere easily, especially with it's simple and easy to use features.
I dont expect bitcoin to ever become a world currency but i dont think the miners are going to stop anytime soon, i actually do wonder sometimes if its just me and a few other people that use bitcoin since no one i ever speak to in real life have ever used it but the market cap shows that theres a few quid in it. You may think its low but it wouldnt take much to make that rise massively.
There are around 15.5 million btc in the world and 1 btc costs 456 USD.
So all the bitcoins cost around 7 billion USD.
I think that after 21M btc mining will stop (it isn`t very profitable anyway)
7 billion USD is very small and i don`t think that it will increase soon.
All those "Will bitcoin be the new world currency" threads are totally stupid.
Thats just my opinion...
So all the bitcoins cost around 7 billion USD.
I think that after 21M btc mining will stop (it isn`t very profitable anyway)
7 billion USD is very small and i don`t think that it will increase soon.
All those "Will bitcoin be the new world currency" threads are totally stupid.
Thats just my opinion...
The solution to save Bitcoins is to promote other altcoins aside from bitcoin. But if bitcoin collapses as you have mentioned, many altcoins like dogecoins can take its place. Litecoin and Dogecoin is much way better than bitcoin since it can be produced in huge volume. So there is no need to worry even if bitcoin collapses since altcoin generation is already ready for that bitcoin downfall.
How does being produced in huge volume make it better? That's what makes it more worthless. The higher the inflation rate, the less each coin is worth. That's specifically why bitcoin capped the total production at 21 million coins.
There are around 15.5 million btc in the world and 1 btc costs 456 USD.
So all the bitcoins cost around 7 billion USD.
I think that after 21M btc mining will stop (it isn`t very profitable anyway)
7 billion USD is very small and i don`t think that it will increase soon.
All those "Will bitcoin be the new world currency" threads are totally stupid.
Thats just my opinion...
But, the price of Bitcoin may increase even more, and increase their value.So all the bitcoins cost around 7 billion USD.
I think that after 21M btc mining will stop (it isn`t very profitable anyway)
7 billion USD is very small and i don`t think that it will increase soon.
All those "Will bitcoin be the new world currency" threads are totally stupid.
Thats just my opinion...
Do not forget that satoshis can be used if the price goes up a lot.
Bitcoin can not be used by a single country, it is an international currency that everyone can use.
Yes, the Bitcoin market is still too small. But this is only the beginning! Remember the beginning of the 90s and the internet. Then, too, no one has seen sense and prerequisites for mass development and spread of the Internet. And what do we have now? So, I think it will be with Bitcoins. The technological process is not in place. The popularization of smartphones with Internet (there are even very cheap smartphones cost a few dollars for poor countries) will provide a chance for people to learn about Bitcoin, about lite and simple payments and make purchases.
The explanation is relevant we are still in the early stage and so much development needed to invade the world. However, with the current situation we can say that bitcoin has a good future due to increase of adopters overtime.
Yes, the Bitcoin market is still too small. But this is only the beginning! Remember the beginning of the 90s and the internet. Then, too, no one has seen sense and prerequisites for mass development and spread of the Internet. And what do we have now? So, I think it will be with Bitcoins. The technological process is not in place. The popularization of smartphones with Internet (there are even very cheap smartphones cost a few dollars for poor countries) will provide a chance for people to learn about Bitcoin, about lite and simple payments and make purchases.
There are around 15.5 million btc in the world and 1 btc costs 456 USD.
So all the bitcoins cost around 7 billion USD.
I think that after 21M btc mining will stop (it isn`t very profitable anyway)
7 billion USD is very small and i don`t think that it will increase soon.
All those "Will bitcoin be the new world currency" threads are totally stupid.
Thats just my opinion...
So all the bitcoins cost around 7 billion USD.
I think that after 21M btc mining will stop (it isn`t very profitable anyway)
7 billion USD is very small and i don`t think that it will increase soon.
All those "Will bitcoin be the new world currency" threads are totally stupid.
Thats just my opinion...
The solution to save Bitcoins is to promote other altcoins aside from bitcoin. But if bitcoin collapses as you have mentioned, many altcoins like dogecoins can take its place. Litecoin and Dogecoin is much way better than bitcoin since it can be produced in huge volume. So there is no need to worry even if bitcoin collapses since altcoin generation is already ready for that bitcoin downfall.
I guess we will need to wait and see what will happen. Couple more halvings and situation will be more clear. If btc price rise enough we can expect much larger market cap.. logical. And bitcoin is going up, that is visible, altcoins follow. So iy reasonable to assume that btc market will grow, and from small rise to big. Its just a question of time.
"Couple more halvings" is about 12 years out. That's rather an eternity with how quickly things change in the crypto world. I should hope things become clearer far before another couple halvings.
I guess we will need to wait and see what will happen. Couple more halvings and situation will be more clear. If btc price rise enough we can expect much larger market cap.. logical. And bitcoin is going up, that is visible, altcoins follow. So iy reasonable to assume that btc market will grow, and from small rise to big. Its just a question of time.
"Couple more halvings" is about 12 years out. That's rather an eternity with how quickly things change in the crypto world. I should hope things become clearer far before another couple halvings.
Exactly, it is a small market with big people playing with it. We are the early adopters of bitcoins before it will become more popular in the world so let us enjoy the profit of our investments with the current price.
Great things start from small beginnings. That's what I'd like to believe would be bitcoin's path. Although it is not yet recognized by most people, and there are not a lot of regular users, we can see that everyday, bit by bit, there's progress and there's improvement. Couple that with the recent price surge and that draws more attention and more people wanting to have a slice of the bitcoin pie.
I agree. The Bitcoin Market is still pretty small, but it is growing at full steam. This year along it has grown more than many of the other past years and the tendency will be to grow even further.
I guess we will need to wait and see what will happen. Couple more halvings and situation will be more clear. If btc price rise enough we can expect much larger market cap.. logical. And bitcoin is going up, that is visible, altcoins follow. So iy reasonable to assume that btc market will grow, and from small rise to big. Its just a question of time.
Well, the market capitalization as I said doesn't really matter as right now bitcoin is the no. 1 cryptocurrency by volume by a long margin. And it's measured in USD as well, which is highly unstable.
But if the price goes really high, then obviously the market cap will increase alongside it.
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