Topic: How far can Bitcoin go? - page 11. (Read 2295 times)
Bitcoin can rise very high!I am sure that as long as people believe it, the price can reach a huge height!
Let's compare the market cap of Bitcoin with the total global wealth. As of now, Bitcoin represents around 0.1% of the total global wealth. How far this can go? IMO, we can expect up to 2-3%, if everything goes as per our plans. That would take Bitcoin to the same level as that of gold.
Do not be fooled by the market cap. It is just a mere multiplication of the current price and the total circulating supply and nothing else. Thus, the market cap is not there to dictate the past, current, nor future price but rather, the market cap is there because there is a price.
Simply saying, there is no limit in Bitcoin's price. The price will continue to increase as long as the demand is constantly increasing.
such is the definition of the effect of bitcoin prices. actually the most influential on the price of bitcoin is supply and demands. let's say the supply of bitcoin is currently limited to 21 million and its circulation on the market has almost reached that limit. but demands on the bitcoin remain high, that's what will make the bitcoin price rise higher, because supply is getting thinning. Simply saying, there is no limit in Bitcoin's price. The price will continue to increase as long as the demand is constantly increasing.
hello, you do not care about market cap because it only shows current price by current BTC supply. The price of a BTC can be twice the current price depending on the purchasing power of the market, or it can be reduced in half in just one day, which is normal.
How far can Bitcoin go guys? If the the Market Cap currently is $219 000 000 000, can Bitcoin ever be worth $200 000 000 000 with this market cap?
I am just curious, is the Bitcoin (or any coin) price caped by the Market Cap? Or the finite number of fiat money in the world?
Can a coin be worth more than it's market cap or can the value of a coin be equal with it's market cap if it's intensively traded/used?
I am just curious, is the Bitcoin (or any coin) price caped by the Market Cap? Or the finite number of fiat money in the world?
Can a coin be worth more than it's market cap or can the value of a coin be equal with it's market cap if it's intensively traded/used?
You are confusing yourself. The value of the market cap of Bitcoin is the overall value of all the circulating supply of Bitcoin. Meaning to say, if you multiply all the circulating supply of Bitcoin and its current price you will come up with the market cap value. This is the same to all coins. The market cap has no limit. It simply moves along with the value of the coin. If the coin's value rises then the market cap will also rise and if the value of the coin goes down it will also go down. It's as simple as that.
Oneday, cryptocurrency can replaces a part of traditional money.
How far can Bitcoin go guys? If the the Market Cap currently is $219 000 000 000, can Bitcoin ever be worth $200 000 000 000 with this market cap?
I am just curious, is the Bitcoin (or any coin) price caped by the Market Cap? Or the finite number of fiat money in the world?
Can a coin be worth more than it's market cap or can the value of a coin be equal with it's market cap if it's intensively traded/used?
Its so far if bitcoin share it nation or in the world so that if we want to go far and far the bitcoin we should share it so that we can help them. I am just curious, is the Bitcoin (or any coin) price caped by the Market Cap? Or the finite number of fiat money in the world?
Can a coin be worth more than it's market cap or can the value of a coin be equal with it's market cap if it's intensively traded/used?
The market cap does not determine the price of Bitcoin but rather it just helps people who want to decide on what to buy. The bitcoin price is just determined by the demands of people and Bitcoin can get to any price if the demands keep on increasing.
With every conservative mindset and based on the logic of human socio-economic evolution that we have seen over a few decades, bitcoin and cryptos will really go far cos they present solutions to bugging life questions. The concept of blockchain as a public ledger which can help improve transparency in governance, smart contract execution, ease of moving funds anywhere in the world with little to mention but a few
I think bitcoin can go very far! we are at the very beginning of spring growth! Until summer, bitcoin will show new price records! look at how for polsdenie 2 weeks the capitalization of the crypto market increased by 25%! it's very good and fast!
Honestly, watching Decentralized TV and other news sources daily, SO much good news is comming out. The blockchain technology is thriving, more institutes comming in and partnerships are being made.
I see BTC breaching through its all time highs after the summer months and perhaps see a 40k BTC? 1.5 Trillion Total market cap ?
What are your expactations??
I see BTC breaching through its all time highs after the summer months and perhaps see a 40k BTC? 1.5 Trillion Total market cap ?
What are your expactations??
I believe this year it will go beyond 20k.
bitcoin can go at highest peak. after some months its price is unbelieveable.
I think more and more bitcoin demand and bitcoin prices will follow higher price increases.
bitcoin prices do not affect the price of market capitalization, the rise in bitcoin prices is affected by the demand for bitcoin in the market
Generaly looking Bitcoin is still young and there is plenty of time and space for further growth. I think that nobody can't estimate at the moment how far can it go but if you ask me it still hasn't reaced the final peak.
And what that peak will be it's defined by market and the users, they will set the limits.
And what that peak will be it's defined by market and the users, they will set the limits.
TO THE MOON! however critically, I expect Bitcoin to get over the modern dip and climb to at the least $25,000 in the subsequent 6 months.
Bitcoin’s call alone assures it’s not going anywhere, and it’s gold-like nature and high call for must keep using the price up.
Bitcoin’s call alone assures it’s not going anywhere, and it’s gold-like nature and high call for must keep using the price up.
bitcoin can go at highest peak. after some months its price is unbelieveable.
I think Price depends on the law of supply and demand, which means that if there is no demand then it will not reach that price and if ever reach the market price limit at that time will also double or double the current price.
Regarding market cap, bitcoin can not reach the same amount. If you mean 1 BTC equals 219000000. If that's the problem then the answer is Yes and No, It may reach that amount but it will take a very long time.
One very famous business owner in my country gave prediction about bitcoin last year, when btc price was $19 000.
He said that btc price will reach $100 000 in 1 year.
After that, btc price failed a lot and recovering now
So, it's really difficult to predict such things but I really hope that btc eventually reach such high level.
He said that btc price will reach $100 000 in 1 year.
After that, btc price failed a lot and recovering now
So, it's really difficult to predict such things but I really hope that btc eventually reach such high level.
i think it can hypothetically reach the market cap but this is not a realistic scenario
i don't know. i wish it will grow a lot
Bitcoin is unlimited) The future behind the crypto currency, so if you believe in it, then invest. The price of bitcoin by the end of May is $ 20k +. I think so 
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