When it hit $20k, btc couldn't cope with the number of speculators buying and selling.
Since then its been in slow decline.
It's now being hyped by people trying to get new suckers to buy what is left from mining operations.
Topic: Interesting fact: When Bitcoin reaches $100 000... - page 3. (Read 555 times)
If it ever gets there I'll be very interested to see how it compares in market depth versus those markets nominated. My feeling is that it'll still be pitiful.
It could reach $100,000 in a few hours tomorrow. All it needs is a lack of sellers and a surfeit of buyers. Even if flashy figures like that are reached they don't mean all much until the markets are much deeper, broader and more accessible.
It could reach $100,000 in a few hours tomorrow. All it needs is a lack of sellers and a surfeit of buyers. Even if flashy figures like that are reached they don't mean all much until the markets are much deeper, broader and more accessible.
Liquidity, adoption and other important metrics are still low, so whatever huge marketcap we have now, it only shows that the market is mostly speculative, and this is really not a good thing. It has been largely bullish all this time, and we are yet to see true bearishness, with people seriously doubting Bitcoin and not simply waiting between bull seasons. To me Bitcoin reaching $100,000 is still an "if", not "when".
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.
Many analysts and traders suggest that $100 000 is not a question of IF, it's a question of WHEN.
Market capacity is used to calculate the total value of an asset or business which is usually calculated by multiplying the market price and by the total number of coins in circulation, so to reach $ 100,000 I think bitcoin requires more adoption and regulation, so if bitcoin can increase users in the real world then we will soon see a bitcoin price of that size will be realized.
...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.
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.
Yeah,the global market cap might reach 2 trillion USD.And SO WHAT?Why do we have to care about market caps?Do you realize how difficult it will be for Bitcoin to reach 100K USD?
1.Every time there's a bitcoin pump,many traders sell BTC and buy altcoins,waiting for bigger profits.This pushed the bitcoin price down.
2.Every time there's a bitcoin price pump,the mainstream media "FUD army" starts the same old FUD propaganda campaign that scares away the noobs,who might buy BTC for the first time.
3.If there's a big bitcoin price pump all the governments,central banks,SEC,etc. will start shitting over bitcoin.
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.
...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.
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.
You're dam right new investors would jump in! Once we get closer to new ATH the public eyes will jump right back into bitcoin, hopefully bitcoin's blockchain is better prepared for the stress it's going to receive from the newer investors
New investors will definitely be a breath of fresh air for bitcoin sustainability, but to reach $ 100,000 I think it is still too early to be obtained because it takes a long process, the main thing is that bitcoin can be accepted in every country and countries start using bitcoin as an alternative transaction tool, maybe this can cause bitcoin will reach that price,
But the next question is when the price is really at the price of $ 100,000 what is the next target?
I think to be able to reach $ 100,000 many limits need to be broken if we look at it from technical analysis because as long as bitcoin grows almost in the area of $ 20,000 and many say that in April $ 17,000 could be broken, I feel the next footing when we discuss the nominal issue of $ 100,000 for This bitcoin needs a lot of consideration, at least we have to look at in terms of a nominal $ 20000 whether it can be penetrated again or again reject, then we move on to the area of $ 3000, $ 50000 and so on until $ 100,000 can really be achieved.
...total Cryptocurrency market capitalization will be at least $2 Trillion.
it is not "total Cryptocurrency market cap" it is only "bitcoin market cap" that would be a little less than $2 trillion (~19 mil supply * $100k price).
the "total Cryptocurrency market cap" is going to be a meaningless number that may be in the range of thousands of trillion since there is a huge number of shitcoins each with enormous supplies.
...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.
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.
You're dam right new investors would jump in! Once we get closer to new ATH the public eyes will jump right back into bitcoin, hopefully bitcoin's blockchain is better prepared for the stress it's going to receive from the newer investors
New investors will definitely be a breath of fresh air for bitcoin sustainability, but to reach $ 100,000 I think it is still too early to be obtained because it takes a long process, the main thing is that bitcoin can be accepted in every country and countries start using bitcoin as an alternative transaction tool, maybe this can cause bitcoin will reach that price,
But the next question is when the price is really at the price of $ 100,000 what is the next target?
If it ever gets there I'll be very interested to see how it compares in market depth versus those markets nominated. My feeling is that it'll still be pitiful.
It could reach $100,000 in a few hours tomorrow. All it needs is a lack of sellers and a surfeit of buyers. Even if flashy figures like that are reached they don't mean all much until the markets are much deeper, broader and more accessible.
It could reach $100,000 in a few hours tomorrow. All it needs is a lack of sellers and a surfeit of buyers. Even if flashy figures like that are reached they don't mean all much until the markets are much deeper, broader and more accessible.
...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.
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.
You're dam right new investors would jump in! Once we get closer to new ATH the public eyes will jump right back into bitcoin, hopefully bitcoin's blockchain is better prepared for the stress it's going to receive from the newer investors
It was always a question of when as we already know how bitcoin achieved what was deemed as impossible a few years back. Bitcoin can certainly perform way beyond expectations and people are now realizing that it could bring them potential riches, or even just use it as a hedge against inflation and the worsening economy in their respective countries.
Though I like to differ that increase in value does not equate to wider adoption. It needs more than that tbh, and if people can't afford to get bitcoin, how would they be using it in the first place?
Though I like to differ that increase in value does not equate to wider adoption. It needs more than that tbh, and if people can't afford to get bitcoin, how would they be using it in the first place?
...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.
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.
Jump to: