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Topic: Finally $200 billion total Marketcap is achieved. - page 2. (Read 1146 times)

sr. member
Activity: 1484
Merit: 276
There will be alot of alot good news for sure to spread the internet maybe few days from now by how much bitcoin gained this past month and will surely create a hype which will then hopefuly kill this bear controlling market.$200B cap is yet too far from last bull but a big milestone specialy after a very very long time of being dormant at dumped price
legendary
Activity: 2044
Merit: 1008
With this current conditions, new investors who's aiming to invest will have enough time to buy in and make their investment, it's an open market to both short term and long term investors, the retracement that's been anticipated usually create more interested people, while some of those day traders already cashing out and enjoying the profits, the sway will continue to bring more positive things to those believers who keep investing and trading.

That may be true, but at the same time, this crazy volatility is going to drive away a lot of the mainstream investors. I was checking the graphs from Bitstamp, and I noticed a sharp 25% drop in just 1 hour. Although the markets have recovered by quite a bit after that, this sort of volatility can harm the image of Bitcoin. Also, I think that the duration of the correction was too small to shrug off the non-serious investors. So in the future also, we can expect a lot of volatility (at least for the remainder of this year).
hero member
Activity: 1302
Merit: 540
I went to sleep yesterday, and then the market cap was $260 billion and the Bitcoin exchange rate was around $8,000. When I woke up 7 hours later, the market cap has declined to $220 billion and the Bitcoin exchange rate has plummeted to $6,800 per coin. What's going on here? Then I checked websites such as Coindesk, to get an idea about this crash. The only interesting news I could find was the decision by Judge Joel Cohen of the New York Supreme Court, who asked Tether to freeze its loan and the line of credit that was provided to Bitfinex. But I don't think that this alone can cause the crash.

In my opinion, retracement begins now. Its good to market because in bitcoin history, after a huge move, there is correction or retracement and its healthy to market to have strenght before bullrun starts.
With this current conditions, new investors who's aiming to invest will have enough time to buy in and make their investment, it's an open market to both short term and long term investors, the retracement that's been anticipated usually create more interested people, while some of those day traders already cashing out and enjoying the profits, the sway will continue to bring more positive things to those believers who keep investing and trading.
full member
Activity: 658
Merit: 100
Yes! And the market will continue to grow in the near future, maybe near the end of 2019 there will be breakthroughs
full member
Activity: 280
Merit: 102
I went to sleep yesterday, and then the market cap was $260 billion and the Bitcoin exchange rate was around $8,000. When I woke up 7 hours later, the market cap has declined to $220 billion and the Bitcoin exchange rate has plummeted to $6,800 per coin. What's going on here? Then I checked websites such as Coindesk, to get an idea about this crash. The only interesting news I could find was the decision by Judge Joel Cohen of the New York Supreme Court, who asked Tether to freeze its loan and the line of credit that was provided to Bitfinex. But I don't think that this alone can cause the crash.

In my opinion, retracement begins now. Its good to market because in bitcoin history, after a huge move, there is correction or retracement and its healthy to market to have strenght before bullrun starts.
legendary
Activity: 2044
Merit: 1008
today the market cap is back to 220 bil after a sudden crash
at one point in time , the price was as low as 6500 ( Bitstamp)
so there is nothing certain in this market - while the analysts and traders were mulling if its a 10.000$ or 9.000$ mark next
bitcoin got 700$ surgically removed from its 8.000$ price just 6 hours ago  Wink

I read somewhere that the lowest point reached in Bitstamp was $6,200 per coin, which represents a 25% decline from the price we had one day back. Anyway, the correction gave users who missed out earlier another chance to accumulate Bitcoin and the altcoins. I really doubt whether they will get another chance to purchase BTC at such low levels.

Now the markets are stabilizing at somewhere between $7,200 and $7,300 per coin. I was expecting 10K by the end of this month, but it looks very difficult now. Now my renewed target is 10K by the end of this year.
legendary
Activity: 2016
Merit: 1106
today the market cap is back to 220 bil after a sudden crash
at one point in time , the price was as low as 6500 ( Bitstamp)
so there is nothing certain in this market - while the analysts and traders were mulling if its a 10.000$ or 9.000$ mark next
bitcoin got 700$ surgically removed from its 8.000$ price just 6 hours ago  Wink
legendary
Activity: 3220
Merit: 1344
Leading Crypto Sports Betting & Casino Platform
Be careful, crypto investment has very big risk. Many fund that converted to bitcoin now it is mean that investors who invest in it are looking for profit. To prevent huge financial loss of new investors I suggest to all of them to sell their btc if the price of it fall 20% from the highest point of this bull run. They still can get profit if they keep am eye on the price chart. For me it is not a problem because I buy bitcoin at cheap price Cheesy .

This is a very risky advice. The peak point reached during the current bull rally is $8,320 per coin (according to coinmarketcap) yesterday. 20% reduction from that level gives you $6,656 per coin. The lowest point reached in Bitstamp today was $6,252. So in case someone follows your advice, they would be selling their coins at the stop-loss price ($6,656 per coin). And right now Bitstamp is showing an exchange rate of $7,319.85 per coin. So it is very clear... had someone followed your advice during the past 48 hours, then he could have lost money.
hero member
Activity: 2772
Merit: 645
No dream is too big and no dreamer is too small
I went to sleep yesterday, and then the market cap was $260 billion and the Bitcoin exchange rate was around $8,000. When I woke up 7 hours later, the market cap has declined to $220 billion and the Bitcoin exchange rate has plummeted to $6,800 per coin. What's going on here? Then I checked websites such as Coindesk, to get an idea about this crash. The only interesting news I could find was the decision by Judge Joel Cohen of the New York Supreme Court, who asked Tether to freeze its loan and the line of credit that was provided to Bitfinex. But I don't think that this alone can cause the crash.

We can call that as FUD, there was an abrupt dump that I have also witness just lately, however it seems like the market is again picking up now.
There is nothing to worry, that news either is not big IMO, so let's keep the optimism as bitcoin is due for a success this year.
As of now, the coinmarketcap is now $232 billion, big improvement in just a short time.
full member
Activity: 784
Merit: 176
I am happy today as finally the total Marketcap is now $200 billion, what can we expect from here?



https://coinmarketcap.com/charts/
Be careful, crypto investment has very big risk. Many fund that converted to bitcoin now it is mean that investors who invest in it are looking for profit. To prevent huge financial loss of new investors I suggest to all of them to sell their btc if the price of it fall 20% from the highest point of this bull run. They still can get profit if they keep am eye on the price chart. For me it is not a problem because I buy bitcoin at cheap price Cheesy .
legendary
Activity: 3220
Merit: 1344
Leading Crypto Sports Betting & Casino Platform
I went to sleep yesterday, and then the market cap was $260 billion and the Bitcoin exchange rate was around $8,000. When I woke up 7 hours later, the market cap has declined to $220 billion and the Bitcoin exchange rate has plummeted to $6,800 per coin. What's going on here? Then I checked websites such as Coindesk, to get an idea about this crash. The only interesting news I could find was the decision by Judge Joel Cohen of the New York Supreme Court, who asked Tether to freeze its loan and the line of credit that was provided to Bitfinex. But I don't think that this alone can cause the crash.
full member
Activity: 924
Merit: 220
This seems really positive for all cryptocurrency holders especially the bitcoin. I just wonder if hoe much it can go further knowing that another bull run could possibly happen. This because the bitcoin and block chain technology now where slowly integrated to businesses and other functions to where block chain is needed.

As much as there are new business that undergone integrating block chain technology creating more demands then bitcoin market price and demand will going to go high.
sr. member
Activity: 826
Merit: 265
If this rally takes us to 10K, then the Bitcoin market cap will be around $180 billion.
When was the last time that you checked the market?or are you joking?bitcoin price now sits at $8,000 and the capitalization is $240 billion already so what more if this reached $10,000?

He is correct and your calculations are wrong.

$240 billion is the combined market capitalization for all the cryptos (BTC + alts). In case the Bitcoin exchange rate climbs to $10,000 per coin, then the Bitcoin market cap will be $180 billion ($10,000 x 18 million coins).
Yeah sorry my bad,and I am stand to be corrected,I missed the part of the word “Bitcoin market Capitalization”
And that point it will be the same as mid December price of 2017 before we hit the highest Value of almost $20,000
Quote
But I am not sure whether the Bitcoin dominance will remain unchanged. The alts are making a big comeback. XRP is up by +26% today.
But XRP is -1% now so this prove of the volatility of the crypto’s,but you might be right since the domination of bitcoin in the last weeks are now being divided as altcoins are growing now and having a greening market while bitcoin is subsiding slowly

But I will not stop holding until we hit $10,000 bitcoin price before Q2 ends
member
Activity: 672
Merit: 14
I am happy today as finally the total Marketcap is now $200 billion, what can we expect from here?



https://coinmarketcap.com/charts/
Today the market cap is around $2.48B and this is a major rise within 6 days. This shows that the crypto market is in a new phase which is heading towards the bull run. Bitcoin is likely to hit $10K by the end of Q2 of this year.
legendary
Activity: 1834
Merit: 1036
If we all have this positive view of Bitcoin and no fud or negative news will come out in the next coming days, we might see Bitcoin breaking the $10,000 level in a few weeks. I am hearing investors shifting to Bitcoins and Ethereum just like what happened last 2017 but I hope  they will not leave and sell it right away just in early 2018. They left as soon as they get their profits.
hero member
Activity: 938
Merit: 501
It's a great achievement actually and it's nice to see that people still believe in the rise of cryptocurrencies. Let's hope we can achieve that over $800M marketcap that we achieved sometime ago.
hero member
Activity: 2772
Merit: 518
★Bitvest.io★ Play Plinko or Invest!
As of now the $245 billion is crossed which is truly a perfect growth. Over the days after crossing the $200 billion barrier there seems a steady growth in the market. This itself can be taken into consideration as an indicator of bull market. Ethereum too is getting strong with its market dominance level reaching above $11% which also gives the sign of growth in the upcoming days.
We have a consistent increase in volume, this will play now to have a huge market pumps in the few days or even this entire year. We are into the look for that last year but it never shows up. Hope this year will have huge changes and seeing the entire market (not only for bitcoin) will increase into 100% or more.

This is how investors contributing a lot into us and all these things might look impossible to happen without them.
hero member
Activity: 2604
Merit: 548
Seabet.io | Crypto-Casino
As of now the $245 billion is crossed which is truly a perfect growth. Over the days after crossing the $200 billion barrier there seems a steady growth in the market. This itself can be taken into consideration as an indicator of bull market. Ethereum too is getting strong with its market dominance level reaching above $11% which also gives the sign of growth in the upcoming days.
jr. member
Activity: 475
Merit: 1
Tackling Climate Change Using Blockchain
i was super excited when i saw the coin marketcap. The market has been down so long and its recent recovery was a thing of joy to all bitcoin investors and holders. More growth is coming, i strongly believe this
full member
Activity: 448
Merit: 100
I am happy today as finally the total Marketcap is now $200 billion, what can we expect from here?



https://coinmarketcap.com/charts/


I wish I did not sell my last bitcoin up until this day where $200 billion marketcap is achieved again but I was so affected with the bear market and fear subsides all over my mind. I sold my one and only bitcoin for  $3k and now all I have is regret. I can't make 1 btc anymore with this market that only favors btc. If only altcoin are doing the same thing then my life would not suck this hard.
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