Interesting fact: When Bitcoin reaches $100 000...

imstillthebest

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Quote from: dentolas on February 25, 2020, 02:38:13 AM

This is nice, but we can't forget that there are a ton of billions still missing in order to achieve the first trillion... I have been following the crypto cap on CMC lately and unfortunately it seems to be struggling to keep the current level... let's not forget that to increase the cap, fresh money needs to come in and I think BTC will need to show something more to convince the investors

what you mean by some btc missing ? those are forgotten by the owner ? or those who are being sent on a random address that doesnt exist ? well indeed those were completely lost and those cant circulate anymore but keep in mind that existing btc left are still too much and enough for btc to climb 100k usd and more . yup your right , current trend seem to suffer but this is cause by several bad news that are happening lately . as soon as those are solved , i think the value can easily rise but will still take some time for btc to reach 100k usd because btc adoption is still improving slow

dentolas

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This is nice, but we can't forget that there are a ton of billions still missing in order to achieve the first trillion... I have been following the crypto cap on CMC lately and unfortunately it seems to be struggling to keep the current level... let's not forget that to increase the cap, fresh money needs to come in and I think BTC will need to show something more to convince the investors

okala

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Quote from: Qcrypto on February 17, 2020, 05:32:57 PM

...total Cryptocurrency market capitalization will be at least $2 Trillion.
Many analysts and traders suggest that $100 000 is not a question of IF, it's a question of WHEN.

This means the cryptocurrency market will join the Trillion Dollar club and that is not a small thing.

Stock Market cap: $78 Trillion
Bond market cap: over $100 trillion
Real Estate market cap: $33.3 trillion
Commodities Market cap: $20 trillion
Forex Market cap: $5.1 trillion

This will very likely propel Cryptocurrency to wider adoption.
World will get another Trading Asset along with Stocks, Bonds, Real Estate, Forex, Commodities and such.

cryptocurrencies market capitalization has attempted cross 1 trillion dollars before and I think 2 trillion dollars will soon be achieve. Bitcoin is a high volatile market and just a few events can bring good investors that will push the price extremely up. I will recommend us to take the opportunity of the current pull back and buy low as this is the only way to be part of the next bull run.

Bezobraznike

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Interesting facts, and I agree with a statement that is just a question of time when will Bitcoin join a trillion dollar club. I believe we
are close to that, we will cross a trillion this or next year.
What would be interesting to see how long each of this markets needed to get to trillion dollar market. Stock, bond, real estate markets
exist for many years, I am sure these markets didn't rise so fast.

criza

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This would be a great news for a lot of crypto currency investors and Bitcoin supporters in the community. There is indeed a potential for crypto currency to dominate the current market and become a high value asset overtime especially Bitcoin because its supply is limited and the demand increases day by day as its popularity also increases everyday.

For me, it is a good choice to invest now in Bitcoin or it will be too late to buy its stocks in the future.

Divinespark

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Quote from: Qcrypto on February 17, 2020, 05:32:57 PM

...total Cryptocurrency market capitalization will be at least $2 Trillion.
Many analysts and traders suggest that $100 000 is not a question of IF, it's a question of WHEN.

This means the cryptocurrency market will join the Trillion Dollar club and that is not a small thing.

Stock Market cap: $78 Trillion
Bond market cap: over $100 trillion
Real Estate market cap: $33.3 trillion
Commodities Market cap: $20 trillion
Forex Market cap: $5.1 trillion

This will very likely propel Cryptocurrency to wider adoption.
World will get another Trading Asset along with Stocks, Bonds, Real Estate, Forex, Commodities and such.

Currently the total market capitalization is only at 200 billion $, and are you expecting it to go up to 2 trillion $ ? That is a huge growth for this market and if it happens then this will be a huge phenomenon in the entire economic market. It is difficult for it to grow so with the current conditions, the market is too cold

pawanjain

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Nothing lasts forever

I am a bitcoin fanboy and I love it. I am sure bitcoin has great potential and will boom the crypto industry some day.
Though bitcoin has great potential, I think it will struggle to be a globally accepted currency since online payment methods such as credit cards provide more number of transactions in a second.
Obviously there are many other factors to consider as well but what I am saying is that in future there will be other cryptocurrencies which will be more decentralized and better than bitcoin.
For now, bitcoin is inspiring many others and hence its price is increasing steadily over the years.
Bitcoin has full capability of reaching $100,000 but will have to face many hurdles before it achieves the target.

rajasobdar786

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i love Blockchain every one need to invest in bitcoin because its a future The blockchain space is getting to the point where there’s a ceiling in sight. If you talk to the average educated person at this point, they probably have heard of blockchain at least once. There isn’t an opportunity for yet another 1,000-times growth in anything in the space anymore

Boomspeedometer

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Bitcoin has outperformed most investment in a 10 years period. I’m just looking forward to see what it does in the next decade

Xampeuu

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Quote from: bitbunnny on February 22, 2020, 03:21:07 PM

It's interesting how you are confident that Bitcoin will reach 100.000,00$. Having in mind how Bitcoin is volatile and unpredictable that is possible but at the sane time a bit exaggerated and we can't tell for sure if that will happen or not.
No matter that we will have limted supply and probably increased demand after all Bitcoins are mined let's be more moderate and realistic in predictions.

right, no one knows whether it will happen or not. It is possible that by halving the amount of bitcoin and regulations of all countries will increase demand and reach the intended price. if people know when that will happen, I think there will be many new successful people and many people will lose money

Qcrypto

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bitbunnny

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It's interesting how you are confident that Bitcoin will reach 100.000,00$. Having in mind how Bitcoin is volatile and unpredictable that is possible but at the sane time a bit exaggerated and we can't tell for sure if that will happen or not.
No matter that we will have limted supply and probably increased demand after all Bitcoins are mined let's be more moderate and realistic in predictions.

fiulpro

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Well I do think when we will mine all the bitcoins out , all those 21 million then we would be able to see such changes , people will recognize it more and since the demand and supply will reach a turning point with people struggling to get their hands on bitcoins the value will rise like never before , I do think that would be the time you are talking about.
Just some years more and we would be able to own something which is limited in this world , if we keep on holding we will be able to make immense profit one we never would have even though of 😂 but then again holding is the hardest part.

ChrisPop

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Bitcoin will reach $100,000 if no black swan will show up I personally have no doubt about that. Just taking into account the limited supply and the increasing demand for it + I'm sure there is a number of units being lost on a daily basis due to people misusing or losing their wallets.

Looking forward to the day when we'll reach $100k..champagnes are ready haha

rdluffy

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Last time when BTC reached ATH of almost 20k USD I remember that we almost touched 1 Trillion USD
So I think we need more than 2 Trillion total marketcap to achieve such price of 100k USD, I'm confident that we can reach 1 trillion, because if you look another markets, it's way bigger than cryptos
And of course there's something very important, the dominance of BTC, this fact can helps BTC (or not) to achieve higher prices

shoreno

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Quote from: Moshaid on February 22, 2020, 05:56:31 AM

In as much as I believe in the power of bitcoin, bitcoin reaching 100k$ is something have always been pessimistic about.

you believe that bitcoin is powerful but you dont believe that its value can go 100k or over than that .

Quote from: Moshaid on February 22, 2020, 05:56:31 AM

The growth of bitcoin will emerge it's current ATH price but hitting 100k$ is clearly unrealistic based on my opinion.

can you picture out when first bitcoin came out . people never thought that bitcoin have a potential to pump this high starting from a cent only . can you imagine that ? same scenario can also happen in the future .

Quote from: Moshaid on February 22, 2020, 05:56:31 AM

Although have seen several analysts made videos, post about what will become of bitcoin in the future but I will rather choose bitcoin being a globally recognized and accepted currency than an unrealistic price speculation.

if bitcoin is accepted globally , that means it will become more idemand and as a result its value will pump more . 100k usd will be more realistic if that happens

Artemis3

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Quote from: Qcrypto on February 17, 2020, 05:32:57 PM

...total Cryptocurrency market capitalization will be at least $2 Trillion.
Many analysts and traders suggest that $100 000 is not a question of IF, it's a question of WHEN.

This means the cryptocurrency market will join the Trillion Dollar club and that is not a small thing.

Stock Market cap: $78 Trillion
Bond market cap: over $100 trillion
Real Estate market cap: $33.3 trillion
Commodities Market cap: $20 trillion
Forex Market cap: $5.1 trillion

This will very likely propel Cryptocurrency to wider adoption.
World will get another Trading Asset along with Stocks, Bonds, Real Estate, Forex, Commodities and such.

Hmm 10% after 11 years, only 90% to go. Do you know that price increase will take longer as time passes? (maturity). Sure it might eventually get there, but i wouldn't hold my breath.

So to answer your question of "WHEN", my answer is: a ten fold price increase has to take longer than the previous ten fold price increase. And pay close attention how long it took for the previous one and the previous to that, the closer you get to the beginning the faster it is.

Check the time it took to go from: 1 to 10, 10 to 100, 100 to 1000, 1000 to 10000, now 10000 to 100000...

You will notice a pattern, its a logarithmic curve. This curve exists elsewhere, in historical price of certain things, such as gold....

The late investors always earn less, that's the other side of the coin. Less risk (record proven) but also less gain (everyone is already in).

Moshaid

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In as much as I believe in the power of bitcoin, bitcoin reaching 100k$ is something have always been pessimistic about. The growth of bitcoin will emerge it's current ATH price but hitting 100k$ is clearly unrealistic based on my opinion. Although have seen several analysts made videos, post about what will become of bitcoin in the future but I will rather choose bitcoin being a globally recognized and accepted currency than an unrealistic price speculation.

SophieMil996

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Quote from: davis196 on February 18, 2020, 01:21:37 AM

Quote from: Qcrypto on February 17, 2020, 05:32:57 PM

...total Cryptocurrency market capitalization will be at least $2 Trillion.
Many analysts and traders suggest that $100 000 is not a question of IF, it's a question of WHEN.

This means the cryptocurrency market will join the Trillion Dollar club and that is not a small thing.

Stock Market cap: $78 Trillion
Bond market cap: over $100 trillion
Real Estate market cap: $33.3 trillion
Commodities Market cap: $20 trillion
Forex Market cap: $5.1 trillion

This will very likely propel Cryptocurrency to wider adoption.
World will get another Trading Asset along with Stocks, Bonds, Real Estate, Forex, Commodities and such.

4.Probably 3/4 of all bitcoin users HODL their BTC.If there's a big price pump,they will simply start selling their BTC,thus the price will go down.

Wasn’t that even more true when BTC did worth $1,000? But it reached $10,000 anyway….
I think users that HODL are very likely to buy more BTC in near future, and newcomers potential is higher due to larger mainstream awareness.

bgaf

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Quote from: pixie85 on February 19, 2020, 12:36:45 PM

Here's another interesting fact for you. USD is inflating and BTC is deflating. 100 years ago people were earning $5 a day, now they're earning $50 and they can't even buy same quality products their grandparents were paying $5 for.

Its safe to say that you are right however youre mistaken by the facts that inflation will continue to rise in the future. BTC deflating? Why? The example is pretty bias and turn into USD. I think most will not agree with this.

Reaching that amount for btc could change a lot in the econimic growth of different country and as well as yours.

Quote from: The Sceptical Chymist on February 19, 2020, 12:42:12 PM

I have a feeling bitcoin will get to $100k, but it might be a while. Still, it's "only" a 10x gain from where it's at now, and I've seen that sort of growth since I've been into crypto.

Last 2017 right more or less? Btc price is expounding in terms of value but the sad fact about its volatility makes investor bleed out when bear season arrives also for those fomo guys who are buying when halving and hype of btc reaching ATH is near.

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