How far can Bitcoin go? - page 18. | Bitcointalksearch.org

iqlimasyadiqa

legendary

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Quote from: JohnHero on December 06, 2017, 03:16:19 PM

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?

Massively, the price of a coin can have fantastic and unexpected value. It all depends on how popular the coin is, if the more popular the more people need it and it will make the demand increase. Usually it will affect the value of coin in the market. Yes it will also be a reference to see the price movement of the coin.

saruxanyan

member

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I have the impression that bitcoin is unlimited and it can be disintegrated in the distant future as a million dollars.

ahrispool

copper member

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https://mvlchain.io

It's really hard to guess the point where bitcoin's price could soar upto, but one thing sure is the impact the blockchain method btc brought would be huge.

_noname_

sr. member

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Bitcoin can get by for ever in light of the fact that bitcoin request is going high step by step and I'm certain in coming time a great deal of nations they will join bitcoin and furthermore some rich organizations will likewise join bitcoin world understood the significance of bitcoin and a few nations they have made bitcoin lawful and now banks are additionally tolerating bitcoin which is useful for bitcoin and I'm sue bitcoin will get by for ever and its cost will likewise go high.

Dudeperfect

hero member

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To be honest, there are infinite opportunities for the growth in future. Even if Bitcoin is popular today, not even 10% of world's population is using Bitcoin at this point so if we are assuming that at least half of the world is using Bitcoin in the coming decades along with the traditional fiat currency then the user base will be more than 4 billion and that's a massive number.

NABILA AKTER SHILA

newbie

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Bitcoin price is not always affected by market cap. Bitcoin prices increase only when there are plenty of Bitcoin demand in the market. Bitcoin demand will be high in the market, its price increases. However, it can not be said exactly how far it will go. It can be assumed that people are attracted to Bitcoin, it can be said that it will continue for a long time.

syamster

hero member

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Quote from: daduremi on January 13, 2018, 02:36:27 AM

bitcoin prices are not influenced by anything let alone just market capitalization, as long as there are people who believe and bitcoin demand is increasing
of course the price will continue to rise, and can not be predicted what the maximum price range that will be achieved bitcoin later

Bitcoin can survive for ever because bitcoin demand is going high day by day and I’m sure in coming time a lot of countries they will join bitcoin and also some rich companies will also join bitcoin world realized the importance of bitcoin and some countries they have made bitcoin legal and now banks are also accepting bitcoin which is very good for bitcoin and I’m sue bitcoin will survive for ever and its price will also go high.

inturist

full member

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Cybersecurity pioneer John McAfee recently set a $1 million price target for Bitcoin by 2020 (revised upward from $500,000).
Others say the market value could match gold’s, which clocks in at $9.7 trillion—roughly $460,000 per coin. For many, this is reason enough to play the long game. Most of the earliest investors seem to be doing just that.

jenny399

newbie

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i dont think it will go that too far, as there are more cryptocurrencies risiing and its been a month that bitcoin is stuck between 15k to 20k , it is not rising from this milestone

Anita1873

full member

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The Bitcoin can rise upto anywhere from here because demand of it regularly increased and its supply is limited and there no chance to increase in supply. We all also well known that it is highly volatile and can go in any direction upwards or downwards, but more chances to it make new high in near future.

daduremi

jr. member

Activity: 252

Merit: 9

bitcoin prices are not influenced by anything let alone just market capitalization, as long as there are people who believe and bitcoin demand is increasing
of course the price will continue to rise, and can not be predicted what the maximum price range that will be achieved bitcoin later

xiaozhang11

newbie

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I don't think there is an answer to this question, and nobody knows what the future will be. Maybe in the future, bitcoin will replace the current currency, or the bitcoin will disappear.

JC btc

sr. member

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Quote from: louie69 on January 13, 2018, 12:19:41 AM

Quote from: chikading2016 on January 12, 2018, 11:32:17 PM

Quote from: kimochidesh on January 12, 2018, 06:00:44 PM

Bitcoin will soon make a new price record.

I also hoping for that to come a new price that will surprise us all, no body knows but we positive thinking that bitcoin will reach to highest value and it will be a new record.

I believe bitcoin can still go into further heights due to its popularity where more and more people are getting involved. Also, the market price value of bitcoin will still continue to soar higher as demand for bitcoin is also increasing. Bitcoin has the potential that it could become a working capital in international trade and is further far more efficient since it can do cross border transactions.

Bitcoin will become the record breaking cyrptocurrency of all time and no one will going to surpass it and will change the world, I believe 5 years from now a lot of country will eventually put bitcoin in their market and all other coins.

btccointalk

member

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I think its just the beginning....bitcoin can go really really far ahead in coming future.

louie69

member

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Quote from: chikading2016 on January 12, 2018, 11:32:17 PM

Quote from: kimochidesh on January 12, 2018, 06:00:44 PM

Bitcoin will soon make a new price record.

I also hoping for that to come a new price that will surprise us all, no body knows but we positive thinking that bitcoin will reach to highest value and it will be a new record.

I believe bitcoin can still go into further heights due to its popularity where more and more people are getting involved. Also, the market price value of bitcoin will still continue to soar higher as demand for bitcoin is also increasing. Bitcoin has the potential that it could become a working capital in international trade and is further far more efficient since it can do cross border transactions.

mxyzptlkof6th

member

Activity: 294

Merit: 26

Quote from: JohnHero on December 06, 2017, 03:16:19 PM

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?

It still depends on the cap of the fiat money that exists. Remember, its worth cannot be more than the market cap because the market cap depends on the FIAT money. Without fiat money, cryptocurrencies will be useless.

chikading2016

member

Activity: 949

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Quote from: kimochidesh on January 12, 2018, 06:00:44 PM

Bitcoin will soon make a new price record.

I also hoping for that to come a new price that will surprise us all, no body knows but we positive thinking that bitcoin will reach to highest value and it will be a new record.

Hui8

sr. member

Activity: 602

Merit: 259

Quote from: JohnHero on December 06, 2017, 03:16:19 PM

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?

First of all, no, its value can not be same as its market cap because thats just not possible to trade in that way. There always needs great amount of money to be circulating in the market as people are selling and buying at the same time. So you may need to spend more money for seller if they are greater in number then the balance disrupts a lot. Thats why it can't be same.

Prices for the coin do depend on the market cap but it will never be dependent upon the fiat viable in the world. There is no linking between both of them and they could just be irrespective investment funds.

For bitcoin to reach the number you shown above, it will take huge percentage of population to invest into BTC and then hold it even after the 21 million BTC are circulated and mined. Then we could think something like that.

sidebyside

member

Activity: 245

Merit: 10

I can not predict how it will be. But now it's high. High value makes many people want it. I think it is even higher because it is attracting a large amount of capital from many investors.

kimochidesh

sr. member

Activity: 518

Merit: 257

Technically speaking BITCOIN has no limits to grow. Increasing demand of BTC is the factor which leads to price surge of BTC. So till the time bitcoin demand keeps on increasing, the price will keep on surging. Bitcoin as in got a huge potential to grow because less than 5% population of the world are aware of bitcoin.

Topic: How far can Bitcoin go? - page 18. (Read 2269 times)