Bitcoin just broke the $5 billion market cap for the first time this year

kingcolex

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Quote from: 600watt on November 03, 2015, 02:53:49 PM

Quote from: Erkallys on November 02, 2015, 02:40:10 PM

That's sure that it is quite an important milestone. However, the chance that Bitcoin break the 6$ billion dollars of marketcap is really really low. I don't think at all that it will happen.

Quote from: the_poet on November 03, 2015, 01:13:38 PM

$6 billion market reached! Now on to $7 billion.

i think this says it all. not making fun of anyone. this took us all by surprise.

Maybe the 300$ resistance was just holding us back that mixed with all the investment magazines talking about bitcoin right now may have just convinced a lot of people.

the_poet

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Quote from: the_poet on November 03, 2015, 01:13:38 PM

$6 billion market reached! Now on to $7 billion.

I stand corrected. $7 billion market reached! Now on to $8 billion.

Cheesy

target

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Looks like its happening so fast. Roll Eyes

I haven't earn a dime yet and its now more than I expect.

vuduchyld

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Probably a stupid question, but...

Is there a significant amount of arbitrage between Huobi and Bitfinex? The difference is about $50. It wouldn't seem like it would take much to buy on Bitfinex, sell on Huobi, wash, rise, repeat.

NEVERMIND! Wrong thread.

600watt

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Quote from: Erkallys on November 02, 2015, 02:40:10 PM

That's sure that it is quite an important milestone. However, the chance that Bitcoin break the 6$ billion dollars of marketcap is really really low. I don't think at all that it will happen.

Quote from: the_poet on November 03, 2015, 01:13:38 PM

$6 billion market reached! Now on to $7 billion.

i think this says it all. not making fun of anyone. this took us all by surprise.

Erkallys

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Quote from: LFC_Bitcoin on November 03, 2015, 02:38:44 PM

Above 6 billion now gentlemen!

Supercell, Clash of Clans' studio, that create mobile games, has a market cap close to one of the greatest technology invention of all times Undecided

. We still are way undervaluated...

LFC_Bitcoin

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Above 6 billion now gentlemen!

Erkallys

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Quote from: the_poet on November 03, 2015, 01:13:38 PM

$6 billion market reached! Now on to $7 billion.

So I was wrong. In a so little time frame, we've achieved so many milestones ! I think we're living exciting times, but better didn't come yet Wink

!

the_poet

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$6 billion market reached! Now on to $7 billion.

LFC_Bitcoin

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Quote from: the_poet on November 02, 2015, 01:38:32 PM

This is a big milestone for bitcoin, especially from a psychological point of view. Do you think we'll break $6 billion by December 31st?

I don't know but this price rise is incredible. I remember seeing the marketcap on Stamp as about 3.6 billion USD. This is crazy, in a good way of course.

Bitcoiner2015

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It's big in that it's important, but it is a very small number in the grand scheme of things.

the_poet

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Quote from: the_poet on November 02, 2015, 01:44:09 PM

Quote from: ?? on ??

That would be quite a pump in a little amount of time to break $6, I think a slower rise would be a bit better than another fast rise.

I agree. A slow and steady rise is what Bitcoin needs, but we can't exclude a big leap toward the next milestone within a couple of months.

Next couple of months??? It looks like I have to correct myself to the next couple hours! Cheesy

All this is crazy!

the_poet

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Quote from: gentlemand on November 02, 2015, 02:15:52 PM

Let's not forget that there are over two million more coins than there were this time two years ago. That often slips minds.

Yes, that's why I'm not referring to the price per BTC, but the market cap.

Kanapka

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Nice to know.

Even if the price is not as big as before there are more and more coins every day, so more market cap.

I hope the cap reaches ATH again too

Erkallys

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That's sure that it is quite an important milestone. However, the chance that Bitcoin break the 6$ billion dollars of marketcap is really really low. I don't think at all that it will happen.

gentlemand

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Welt Am Draht

Let's not forget that there are over two million more coins than there were this time two years ago. That often slips minds.

richardsNY

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It's nice considering all the negativity we have seen. I hope we'll go over $10 billion market cap after the halving. It's possible, but it will take time and a lot of effort.

the_poet

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Quote from: ?? on ??

That would be quite a pump in a little amount of time to break $6, I think a slower rise would be a bit better than another fast rise.

I agree. A slow and steady rise is what Bitcoin needs, but we can't exclude a big leap toward the next milestone within a couple of months.

the_poet

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This is a big milestone for bitcoin, especially from a psychological point of view. Do you think we'll break $6 billion by December 31st?

Topic: Bitcoin just broke the $5 billion market cap for the first time this year (Read 1550 times)