If you compare Bitcoin market to fiat market, then it is small. Bit don't forget then Bitcoin is a first phenomenon of its kind and that it spread relatively quickly. And the quantity of Bitcoin is limited so when you take all this into count then the figures are still quite good.
I strongly agree with what you said and hopefully bitcoin usage will be increased. However bitcoin is one thing and fiat is another thing and fiat cannot be replaced by bitcoin. 
Topic: Actually the bitcoin market is very small - page 6. (Read 4182 times)
buillions? you are still thinking its just a small at the market.. honestly for me its high amount for me.. if you exchange it in my country you can be a trillionaire or more.. so its not a very small.. but if you are talking about the price of bitcoin still low for the market cap.. the price today is not the real price for bitcoin and i think in the future we will see the good price of bitcoins..
If you compare Bitcoin market to fiat market, then it is small. Bit don't forget then Bitcoin is a first phenomenon of its kind and that it spread relatively quickly. And the quantity of Bitcoin is limited so when you take all this into count then the figures are still quite good.
bitcoin wont be the new world currency except if more people around the world start using it. the market is small now, this is true. but it will expand by time and new blood and money will enter the market
You're right chief ,bitcoin market is very small if we see in marketcap. But there is a still good factor the use of bitcoins , the users and the traders of any crypto's that will make the btc .from.small to big.
Bitcoin market is small but bitcoin and generally cryptocurrecny market is expanding and there will be some critical points of growth for bitcoin in future. 
it is still relatively small, if you compare it to other currencies or even the capitalisation of the blue chips stocks, but it continues to grow.
You're right chief ,bitcoin market is very small if we see in marketcap. But there is a still good factor the use of bitcoins , the users and the traders of any crypto's that will make the btc .from.small to big.
Its just a matter of time, the market and market cap will not be same in the future, we will see major growth in user base of bitcoin in coming years.
You're right chief ,bitcoin market is very small if we see in marketcap. But there is a still good factor the use of bitcoins , the users and the traders of any crypto's that will make the btc .from.small to big.
The market is small for a global market, yes, but that doesn't mean that it isn't scaleable or able to become a global currency.
You could easily take your statement and switch it around. The cap is only 7billion, it should be far more, so the price should rise a lot!
I don't see bitcoin being the global currency, but it could be a means of moving money globally, that would still need a far higher cap than 7bill though!
You could easily take your statement and switch it around. The cap is only 7billion, it should be far more, so the price should rise a lot!
I don't see bitcoin being the global currency, but it could be a means of moving money globally, that would still need a far higher cap than 7bill though!
It is definitely very small if you go by the market cap. And even when all the coins are mined, if bitcoin stays at this price it will still be very small. And that's what speculators are counting on, that the price will grow to the point where many more millions will adopt it as a currency that's worth something--kinda like the U.S. dollar.
Right now you are correct that there are relatively very few people in the world that have any bitcoin. It will take a long time to catch on and maybe it never will. However, since a bitcoin can be divided into satoshis, it can be spread to many more people if it does catch on.
the market cap of bitcoin is indeed very low if you consider the future potential of this piece of technology. that's why it's a great long term (+5 years) investment. i keep saying this to everyone ; buy today and keep holding for years. with enough patience you'll see the coins that you bought increase in value significantly.
You said it yourself how small the bitcoin market is currently so think yourself lucky you arrived at such a drop in the ocean. If and when we get large adoption your peanuts will be worth that little bit more and the market won't be so tiny and you can count your lucky stars you got in early or it may never take off but atleast you never missed out.
Actually the bitcoin market is very small
Over the course of history, people said the same thing about other technologies and innovations during their infancy. e.g. electricity, automobiles, air travel, television, cell phones, computers, internet, etc.
It has a lot of potential to growth precisely because it's very small... intelligent long term investors see a unique opportunity to become filthy rich by having 21 BTC or more (being part of the "1 million people ever or less group"). If you take into account that with only a small % of gold users and other stock users coming into BTC could make the price go to 100,000$, then you understand whats up and how anyone not buying bitcoin daily right now is insane or just dumb.
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...
O how did you know that 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...
. Even if isnt very profitable many of here are earning there. Just think if you earned the small it can create big so do you think this bitcoin will not increase? Theres a possible that this bitcoin will increase because now it is famous and profitable world wide. And the thread "Will bitcoin be the new world currency" is not stupid they post it because it is possible in the future. 
I believe in terms of the number of bitcoin certainly has its limits. although new bitcoin is still priceless in the eyes of the general public and the government, but bitcoin increase very high and I think it was more than the expected creator. if bitcoin already has a number of very much and still maintain the price is very expensive, probably bitcoin could be a revolution of the dollar or other currencies
The market will still grow in the future given the fact that btc's value is also growing and they are used and preferred as its accepted by merchants too.
but either its value grow or not, new coin will replace it.
but either its value grow or not, new coin will replace it.
Since this is a ''virtual'' currency it still scares of a lot of people, maybe ''older'' people like myself?! 
But I think the future lies ahead of us as umaOuma says, time will prove it's value!
But I think the future lies ahead of us as umaOuma says, time will prove it's value! In generally - bitcoin market is small if we compare to all world market. But do not forget that there are a lot of active BTC users base, which grow each day and BTC price can be higher too with time, so BTC niche is small, but with bright future.
Exactly and bitcoin is still new to many people, the things will be different in next 5 years, bitcoin will grow and as user adoption will go to higher level we will see huge market cap of bitcoin too.
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