Topic: The market is nearly 119 billion, it can increase 25 billion? (Read 808 times)
the only way the market cap will increase is if more money comes into bitcoin. how can that be done? right now crypto currencies have the lowest adoption rate of all new techs , because of all the downside of crypto. exchange defaults,hacked wallet,lost wallets, the system has to become better than the existing system for people to use it not worst. GBTC is a 100% premium over bitcoin because of convenience and insurance. if the current crypto market could do that that is were bitcoin and all crypto price would be 100% than now.
September 17, 2017, 01:15:27 PM
The market is nearly 119 billion, it can increase 25 billion?
I think you got your answer. The price is now $4,350+ and increasing $100 every day. The market cap just passed PayPal, for crying out loud!
I think it will pass Apple in a few years. Then it will be more than Gold.
Apple's market cap is $850 Bn. So it is still some distance away. It might take more than a few years. But if I was asked to bet whether Apple will reacg $1 Tn first or cryptocurrencies, I would bet on cryptocurrencies.
I think it will take 3 to 5 years for the bitcoin price to be $100,000 each. So it will overtake the Apple. It also depends the Bitcoin can be traded in China again.
The market is nearly 119 billion, it can increase 25 billion?
I think you got your answer. The price is now $4,350+ and increasing $100 every day. The market cap just passed PayPal, for crying out loud!
I think it will pass Apple in a few years. Then it will be more than Gold.
Apple's market cap is $850 Bn. So it is still some distance away. It might take more than a few years. But if I was asked to bet whether Apple will reacg $1 Tn first or cryptocurrencies, I would bet on cryptocurrencies.
The market is nearly 119 billion, it can increase 25 billion?
I think you got your answer. The price is now $4,350+ and increasing $100 every day. The market cap just passed PayPal, for crying out loud!
I think it will pass Apple in a few years. Then it will be more than Gold.
The market is nearly 119 billion, it can increase 25 billion?
You are counting altcoins too, which is in my opinion not very correct, because it's very easy to create millions of marketcap "value" by launching new coin (or just ERC20 token) and trading it on exchange. Also, Bitcoin is the main cryptocurrency, and value of all altcoins is pegged to it automatically, because they are mostly traded against it, instead of fiat. And this 90-100 billion range is actually quite small if you compare it with classical assets, or even just marketcap of Apple, so there is a lot of space to grow. Basically, Bitcoin will either grow 10-20 times in next 5-10 years, or will crash for some reason. This is why it's better to just hodl if you are not an expert trader.
Everything will depend upon the institutional investors and the performance of the altcoins. There seems to be a lot of interest from the institutional investors in Japan, but those from the other countries are not following the trend. Also, if the altcoins continue with their downward journey, then it is going to be good for Bitcoin. No one has noticed that BTC has silently moved past the 50% mark in crypto market capitalization.
Japan has the most advanced technology in the continent of Asia and the whole world agrees on this. If Japanese investors are showing interest in it, it will definitely attract investors from other countries soon. I think altcoins has entered its diminution era. This will give more value to bitcoins as it is already. I am happy for bitcoins on its achievements.There are many ICO have been started from the various country people but they are choosing are choosing altcoin as their business module. Since, japanese doing good job in adopting bitcoin in wide number other countries should think well and move towards it to invest on blockchain based business. Bitcoin is being rocking from this month and hitting peak value again and again when we see the bumps.
you want a answer here ,i can give you that of course it can .there is no doubt
Market Capitalization is a number without much use.
What matters is the price you get at the moment for one share of whatever.
The whole market capitalizatzion gives a theoretical number that would come out if everybody would sell the coins they have right now.
But if everybody would sell, the price for one coin would be completely different than for what it is sold at the moment.
What matters is the price you get at the moment for one share of whatever.
The whole market capitalizatzion gives a theoretical number that would come out if everybody would sell the coins they have right now.
But if everybody would sell, the price for one coin would be completely different than for what it is sold at the moment.
Everything will depend upon the institutional investors and the performance of the altcoins. There seems to be a lot of interest from the institutional investors in Japan, but those from the other countries are not following the trend. Also, if the altcoins continue with their downward journey, then it is going to be good for Bitcoin. No one has noticed that BTC has silently moved past the 50% mark in crypto market capitalization.
Japan has the most advanced technology in the continent of Asia and the whole world agrees on this. If Japanese investors are showing interest in it, it will definitely attract investors from other countries soon. I think altcoins has entered its diminution era. This will give more value to bitcoins as it is already. I am happy for bitcoins on its achievements.
I think it will increase more than that. Preferable not this year. Because I think it will continue to increase yearly because of the investment of ICO and other new wallets around the world. But for now enjoy the bullish of the bitcoin and prepare for the dump. I'am planning to buy if the dump will happen just for an investment.
The market is nearly 119 billion, it can increase 25 billion?
$119B + $25B = $144B. Currently it's $138B, so you draw your own conclusion.
1 week later:
$138,258,064,875
$138,258,064,875
The market capitalization of all the cryptocurrencies are now unstoppable because it is getting a lot of attention from different part of the world because they are now realizing that there is a bright future in cryptocurrencies so if they will get into cryptocurrencies and put some money for long term then they can get huge profits and that is why the market can increase 25 billion or more.
Wow I remember when the bitcoin market cap was $10 Billion and that was a big deal. I'd like to see the price come down just so I can pick up some more bitcoin, then have it take off again 
Same goes for me. We need a chance to buy some more coins. But maybe this is our chance now with the price still under 5000$? What if it now rallies to 50.000$?
It was unexpected and shocking news especially for my goverment who still forbid bitcoin usage
By seeing now, there will be selling trend and the moment since people may sell it for profit
By seeing now, there will be selling trend and the moment since people may sell it for profit
Yes I think the crash will happen soon before $7,000 it is only a matter of time.
It was unexpected and shocking news especially for my goverment who still forbid bitcoin usage
By seeing now, there will be selling trend and the moment since people may sell it for profit
By seeing now, there will be selling trend and the moment since people may sell it for profit
Wow I remember when the bitcoin market cap was $10 Billion and that was a big deal. I'd like to see the price come down just so I can pick up some more bitcoin, then have it take off again
I am wishing the same. I have been waiting for it to happen. But it looks like Bitcoin has already gained the momentum it really needs for it to run unstoppable. I am starting to switch to alts that are a lot cheaper than BTC. But I am pooling over some savings at the same time to invest to the really trusted one, which is BTC.
legendary
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The first decentralized crypto betting platform
Everything will depend upon the institutional investors and the performance of the altcoins. There seems to be a lot of interest from the institutional investors in Japan, but those from the other countries are not following the trend. Also, if the altcoins continue with their downward journey, then it is going to be good for Bitcoin. No one has noticed that BTC has silently moved past the 50% mark in crypto market capitalization.
Hi mate, I am a newbie and I had already noticed that BTC recently moved past the 50% mark in market cap as I watch coinmarketcap every day so I think quite a few people have noticed that.
Everything will depend upon the institutional investors and the performance of the altcoins. There seems to be a lot of interest from the institutional investors in Japan, but those from the other countries are not following the trend. Also, if the altcoins continue with their downward journey, then it is going to be good for Bitcoin. No one has noticed that BTC has silently moved past the 50% mark in crypto market capitalization.
legendary
Activity: 1344
Merit: 1547
The first decentralized crypto betting platform
I don't know why you ask specifically for that figure (25 billion). Just now it has already increased 19 billion and in the long term 144 billion (the total figure you are asking about) will seem a very small figure for the market cap.
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