Author

Topic: [Interesting Chart] Price Per Bitcoin vs. Bitcoin Market Cap (Read 1727 times)

legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
^^
  • PayPal was established in 1998, not to mention it is working with "fiat" which people know and understand.
  • the concept of credit cards was introduced in 1887 (yeah that's right). the first issued cards were from 1921.
  • gold has been considered a valuable asset and was being traded in form of real coins back in 600 BC!
  • world physical currencies is coming from 2000 BC.

  • now bitcoin was introduced back in 2008. i say we are making excellent timing compared to all these assets in that list above.
full member
Activity: 154
Merit: 100
***crypto trader***
Update ... ?


Ha ha .... So, we need to reach $5K to touch paypal and $10K to touch Credit/Debit card
legendary
Activity: 1512
Merit: 1012
sr. member
Activity: 303
Merit: 250
Hello all,

While browsing reddit as usual, I came across this chart



Credits go for "bitcoinruss @ reddit"

- What do you think about the market cap ?

- In 5/10 years from now, where do you see the market cap ?
Wonderful chart !!!
hero member
Activity: 560
Merit: 500
interesting chart.  I think btc is taking a large chunk out of the transactions that paypal and other payment processors would normally be handling.  I know I've moved a lot of my transactions into btc for ease of use and savings in fees!
legendary
Activity: 1582
Merit: 1001
I think in 5 years Bitcoin market cap will touch 10 billion.  Grin

And for 10 years Bitcoin market cap will touch 20 billion.  Wink



I think you forget a zero on the market cap size after 5 and ten years
legendary
Activity: 3248
Merit: 1070
I think in 5/10 years it'll reach 11-13  Shocked

Or die forever  Grin

this is what satoshi said, but what i think, is that even if bitcoin will not be successful in 10 years but at the same time nothing better will come out, we can still have some chances to rise in a more distant future like 20-30 years

hero member
Activity: 994
Merit: 1000
I think in 5/10 years it'll reach 11-13  Shocked

Or die forever  Grin

Yes, nobody is going to put any more dollar into something which couldn't get adopted in 10-15 years, the attention span of humans trips down every day Tongue Nobody will pay attention to something which be referred as digital scrap if nothing works out for it. Either bitcoin might sell for something less and is just left as something as simple as payment gateway  (MAYBE)
legendary
Activity: 889
Merit: 1013
Somewhere between $0 and $1 Trillion on an inverse bell curve distribution =)
legendary
Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
In 5-10 years, the bitcoin market cap will reach about 1000 Billion, so we're looking at $500000 or so.


I fixed it for you.

He is troll, forget about him.

Your input makes much sense, thank you Smiley

Edit : 1000 Billion, will make us at $50K per bitcoin and not $500K Wink

I'll take the $50k Wink

Not alone, give me some please Tongue
legendary
Activity: 1652
Merit: 1265
In 5-10 years, the bitcoin market cap will reach about 1000 Billion, so we're looking at $500000 or so.


I fixed it for you.

He is troll, forget about him.

Your input makes much sense, thank you Smiley

Edit : 1000 Billion, will make us at $50K per bitcoin and not $500K Wink

I'll take the $50k Wink
legendary
Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
In 5-10 years, the bitcoin market cap will reach about 1000 Billion, so we're looking at $500000 or so.


I fixed it for you.

He is troll, forget about him.

Your input makes much sense, thank you Smiley

Edit : 1000 Billion, will make us at $50K per bitcoin and not $500K Wink
sr. member
Activity: 379
Merit: 250
In 5-10 years, the bitcoin market cap will reach about 1000 Billion, so we're looking at $500000 or so.


I fixed it for you.
legendary
Activity: 3248
Merit: 1070
was already posted under the name of " bitcoin bibble code ", still an estimate because at 4.1B marketcap(current marketcap) we are around 290 and not 200

hero member
Activity: 728
Merit: 537
I think in 5/10 years it'll reach 11-13  Shocked

Or die forever  Grin
sr. member
Activity: 308
Merit: 250
I think anything can happen.  Long term it is impossible to say if bitcoins will still be the king.  Personally I think that the value of cryptos will lean towards a better, more anonymous option in the future.  But in any case imo the chances of bitcoin market cap going up are really good.  It is just a matter of how attractive it looks to investors.  It might eventually replace gold as a safe investment or storage of wealth, because it is so much easier to deal with than gold.  If I had to put a number on it, I would say 5 bil market cap in 5 years, but honestly there is no way to predict such things.
legendary
Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
Looking for more contributions.
full member
Activity: 318
Merit: 100
In 5-10 years, the bitcoin market cap will reach about 10 Billion, so we're looking at $500 or so.
legendary
Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
Hello all,

While browsing reddit as usual, I came across this chart



Credits go for "bitcoinruss @ reddit"

- What do you think about the market cap ?

- In 5/10 years from now, where do you see the market cap ?
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