You can compare the times but you can't compare the situation decades ago with the present because it's so different
some people may be just starting out then and now many people are open to investing
Topic: Bitcoin is the fastest asset to hit 1 trillion marketcap - page 6. (Read 793 times)
Bitcoin is such a great asset in the sense that it do wonders, this is why traditional investors always don't like to mention it because it's kills their vibes. But i think we sometimes failed to look the other bad side of bitcoin too.
I mean, what's the point of reaching a destination and you couldn't wait to occupy the position. Bitcoin actually reached more than a trillion market cap but couldn't hold it up to a year which is quite sad. More than 1 trillion has been wipe out from this market since the sell off began, we need to iron out this problems
I mean, what's the point of reaching a destination and you couldn't wait to occupy the position. Bitcoin actually reached more than a trillion market cap but couldn't hold it up to a year which is quite sad. More than 1 trillion has been wipe out from this market since the sell off began, we need to iron out this problems
Sharing another interesting infographic from visualcapitalist.com
https://www.visualcapitalist.com/bitcoin-is-the-fastest-asset-to-reach-a-1-trillion-market-cap/
as we can see from the data above, Microsoft took 44 years to reach 1 trillion market cap, while Bitcoin took only 12 years!
Unfortunately, Bitcoin could not sustain such prices for long, and now the total market cap is about 650 billion USD. ( 1 trillion marketcap is about 56K USD)
Anyway, that is an impressive milestone for Bitcoin!
https://www.visualcapitalist.com/bitcoin-is-the-fastest-asset-to-reach-a-1-trillion-market-cap/
as we can see from the data above, Microsoft took 44 years to reach 1 trillion market cap, while Bitcoin took only 12 years!
Unfortunately, Bitcoin could not sustain such prices for long, and now the total market cap is about 650 billion USD. ( 1 trillion marketcap is about 56K USD)
Anyway, that is an impressive milestone for Bitcoin!
Jump to: