http://www.bloomberg.com/news/2014-07-17/bitcoins-can-t-shake-bubble-image-in-poll-after-45-drop.html
Many think bitcoin is in bubble.
Topic: Could Bitcoin's market cap stall at $8 billion forever? - page 2. (Read 3822 times)
it's not going to happen, and if it were, that would mean that the price of bitcoin would be going down steadily, since new coins are mined every day. the longer that bitcoin goes unchanged, the more you might see weak hands cashing out. i mean, if bitcoin is still sitting at around $620 in a year, i'd think more people would be concerned.
I doubt it. Even with the entire currency fractional reserved x10, you still get only the equivalent of $80 Billion, if merchant adoption continues you're going to need at least 100 times that to have a market cap large enough to make a dent in global trade.
Really doubt it, if it doesn't continue to grow merchants will probably not continue to accept btc, and naturally its use as a currency will decline.
No
maff says no
Bitcoin's market cap is often compared to that of companies like Facebook and Apple. Pushing this company analogy further, isn't it true that many companies have had relatively stable market caps for years to decades? Microsoft's market cap barely changed between 2000 and now. Sony's market cap has been going sideways since 2002. Would it be possible for Bitcoin's market cap to stop growing and stay at the present level forever?
Bitcoin would still continue to exist as an alternative currency for the Internet, of course. And with a stable value, it would be a positive thing in terms of its use as a currency and a store of value.
Bitcoin would still continue to exist as an alternative currency for the Internet, of course. And with a stable value, it would be a positive thing in terms of its use as a currency and a store of value.
they're market caps stagnated because of a competitive force taking market share. in 2000 apple made its triumphant comeback with the iPod and then the iPhone. microsoft had nothing to compete. bitcoin has no real competition(no alt coins are not competitive with bitcoin)
Good point. Could Bitcoin's market cap stall? Absolutely. Will it? Doubtful.
The market cap could stay stable if everyone decided to only use BTC for money transfer, exchanging to and from fiat currencies at either end of the transfer. I don't see that happening.
Bitcoin's market cap is often compared to that of companies like Facebook and Apple. Pushing this company analogy further, isn't it true that many companies have had relatively stable market caps for years to decades? Microsoft's market cap barely changed between 2000 and now. Sony's market cap has been going sideways since 2002. Would it be possible for Bitcoin's market cap to stop growing and stay at the present level forever?
Bitcoin would still continue to exist as an alternative currency for the Internet, of course. And with a stable value, it would be a positive thing in terms of its use as a currency and a store of value.
Bitcoin would still continue to exist as an alternative currency for the Internet, of course. And with a stable value, it would be a positive thing in terms of its use as a currency and a store of value.
they're market caps stagnated because of a competitive force taking market share. in 2000 apple made its triumphant comeback with the iPod and then the iPhone. microsoft had nothing to compete. bitcoin has no real competition(no alt coins are not competitive with bitcoin)
Bitcoin's market cap is often compared to that of companies like Facebook and Apple. Pushing this company analogy further, isn't it true that many companies have had relatively stable market caps for years to decades? Microsoft's market cap barely changed between 2000 and now. Sony's market cap has been going sideways since 2002. Would it be possible for Bitcoin's market cap to stop growing and stay at the present level forever?
Bitcoin would still continue to exist as an alternative currency for the Internet, of course. And with a stable value, it would be a positive thing in terms of its use as a currency and a store of value.
Bitcoin would still continue to exist as an alternative currency for the Internet, of course. And with a stable value, it would be a positive thing in terms of its use as a currency and a store of value.
Jump to: