what if the top 6 coins is worth a trillion each by 2020? - page 2.

nickmax

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Quote from: bitcoinsc on March 23, 2018, 01:21:05 AM

what if the top 6 coins on marketcap is worth 1 trillion each by 2020? where would that put us at? is 10,000$ invested make us a millionaire yet? lets say new york turns into a blockchain city and chicago turns into blockchain city. they start investing we see coins in the trillion. this is where i see the market going. just thinking ahead and the future.

Everything is possible! Very large investors do not enter the crypto-currency market through exchanges, they use funds or private transactions. At this price on the stock exchanges do not change. But soon there will be a deficit of bitcoin, everyone will understand that the end of the issue is near and then it will come to the moon!

Lucius

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Quote from: 1Referee on April 11, 2018, 07:52:57 AM

Quote from: Nylelyn on April 09, 2018, 08:52:53 PM

Bitcoin is so volatile that it affects the value of all the altcoins below its umbrella. But I shall always wait for the highest pump it can produce

Volatility doesn't affect the long term price; current price proves that. The thing here is that you assume the market will stay as it is for ever, but that isn't the case. I don't think we're very far away from the point where current exchanges are severely decreased in number, but those that will remain will be heavily regulated and become similar to what stock markets are right now.

Gold's current market cap; $8,200,000,000,000
Bitcoin, assuming 20 million coins have been minted, will need to be worth $410,000 to be on equal ground with Gold in market cap terms.

If even a relatively small portion of the wealthy individuals and professional parties unload a certain part of their Gold portfolio to have it invested in Bitcoin, then we'll hop over the $10 trillion level without much problems, also with inflation in mind. This is just Bitcoin I'm talking about. Imagine that there will be a few altcoins worth a couple of trillion as well, and there you have a wet crypto dream come true.

It may sound crazy to some people right now, but one thing you should never do with this market, is this early on discarding certain scenarios from becoming reality.

I agree with some of your thoughts,if things sounds crazy this does not mean that it is not impossible to be realized in the future.Few years ago 1000$ per BTC seemed pretty crazy and price is only around 200-250$ for long time,people who say that price will be 10 000$ in 3 years were mostly exposed to ridicule.

When you say only smart portion of what is invest in gold can make such difference,what percentage you think?If gold have 8.2$ trillion market cap and let's say that 10% is relocated to BTC(820$ billion),we still would not have even 1 trillion $,and how you get 10 trillion $?Even if all gold is sold and all that money is flow in BTC,I doubt BTC market cap can be worth so much.

Besides all that gold is something which people do not give up so easily,it proved through human history that it is undeniable store of value.Bitcoin can be also something like that,in digital way-but it is indisputably more risky then gold in terms of infrastructure/no internet,no Bitcoin.

yugyug

sr. member

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It could not happen in the year 2020 and it will never be, if we try to sum up, 6 Trillion for the top 6 coin and another 1 trillion for the rest of the coins and that will be 7 trillion approximate and that market cap value is way too high for the year 2020. Even an estimated guess of 1 trillion in year 2020 is too premature to achieve that value. Market correction will last for more than a year and it will slowly recover the year after 2020 but it will not skyrocketed, that is my wild guess and reasonable forecast.

omonuyak

sr. member

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That will be fine and it is our prayers for that to happen. I know a day will come that ripple, ethereum, bitcoin will be above one trillion dallars each and those day is not too far again. We are at the stage of accumulations and very soon we would start to distribute.

Razick

legendary

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If the top 6 coins were worth that much then a lot of us who have coins now will be very rich by then because prices would just skyrocket with market values like that. Millionaires will be made in the thousands and those of us who are holding now will be very happy campers as we would have more money than we know what to do with.

Faxmate

sr. member

Activity: 1071

Merit: 253

Quote from: bitllionaire on April 10, 2018, 08:22:58 AM

Quote from: romecheo on April 09, 2018, 11:38:40 AM

If that could happen, I among the happiest man living on the earth, only two year to wait and I could visit many places I really wanted to see.

Hoping that the value of everything are not going to come with the same value of crypto currencies.

No doubt that bitcoin is the top crytpo currency of the world , but i think that in altcoin there will always be a close competition and i do not think that it is so easy to say that which four are the next top currencies, I think that still there are some altcoins which have a very good potential and which price can even cross the said limit. i think we should study the crypto market for choosing a good coin.

For me bitcoin is not going to lose the value for me bitcoin is the unique currency and it will not be at the end,. Bitcoin is unbeatable currency no currency has that potential to reach the level of bitcoin, gradually price of bitcoin is increasing so we should buy bitcoin only to have use for future making don’t sell it at panic price, bitcoin has the potential to make us trillions within few months but wait to see your profit at the end of this year, I know only bitcoin and for me my all wishes is concerned to bitcoin only.

bengca84135120

newbie

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There are still two years to go, and unless there is very good news, it seems that this good wish is hard to achieve!

Many countries in the world are developing the technology of blockchain, and the future block chain technology will be applied to life!

1Referee

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Quote from: Nylelyn on April 09, 2018, 08:52:53 PM

Bitcoin is so volatile that it affects the value of all the altcoins below its umbrella. But I shall always wait for the highest pump it can produce

Volatility doesn't affect the long term price; current price proves that. The thing here is that you assume the market will stay as it is for ever, but that isn't the case. I don't think we're very far away from the point where current exchanges are severely decreased in number, but those that will remain will be heavily regulated and become similar to what stock markets are right now.

Gold's current market cap; $8,200,000,000,000
Bitcoin, assuming 20 million coins have been minted, will need to be worth $410,000 to be on equal ground with Gold in market cap terms.

If even a relatively small portion of the wealthy individuals and professional parties unload a certain part of their Gold portfolio to have it invested in Bitcoin, then we'll hop over the $10 trillion level without much problems, also with inflation in mind. This is just Bitcoin I'm talking about. Imagine that there will be a few altcoins worth a couple of trillion as well, and there you have a wet crypto dream come true.

It may sound crazy to some people right now, but one thing you should never do with this market, is this early on discarding certain scenarios from becoming reality.

BountyX

full member

Activity: 352

Merit: 100

Quote from: shulio on March 24, 2018, 05:56:46 AM

If the top 6 coins are 1 trillion worth each, the total market cap will be 10-15 trillion dollars, which is 20% of the current world market cap.

These numbers alone tells it all, this scenario is totally unlikely to become true. However, the world seems to have no limits to madness, so you cannot really ever be sure.

cryptojac17

full member

Activity: 490

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Quote from: bitllionaire on April 10, 2018, 08:22:58 AM

Quote from: romecheo on April 09, 2018, 11:38:40 AM

If that could happen, I among the happiest man living on the earth, only two year to wait and I could visit many places I really wanted to see.

Hoping that the value of everything are not going to come with the same value of crypto currencies.

No doubt that bitcoin is the top crytpo currency of the world , but i think that in altcoin there will always be a close competition and i do not think that it is so easy to say that which four are the next top currencies, I think that still there are some altcoins which have a very good potential and which price can even cross the said limit. i think we should study the crypto market for choosing a good coin.

Top six coin would reach trillions for 2020? maybe your raising the bar too much, because of competition among coins another competitors are the government sponsored fiat money these competition would dragged down prices of of cryptocurrency. Or unless we have one coins that would serve as the standard bearer of all cryptocurrency, like bitcoin. That every ICO’s will be converted.

bitllionaire

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Quote from: romecheo on April 09, 2018, 11:38:40 AM

If that could happen, I among the happiest man living on the earth, only two year to wait and I could visit many places I really wanted to see.

Hoping that the value of everything are not going to come with the same value of crypto currencies.

No doubt that bitcoin is the top crytpo currency of the world , but i think that in altcoin there will always be a close competition and i do not think that it is so easy to say that which four are the next top currencies, I think that still there are some altcoins which have a very good potential and which price can even cross the said limit. i think we should study the crypto market for choosing a good coin.

Nylelyn

member

Activity: 296

Merit: 13

Quote from: Palmerson on March 24, 2018, 07:35:51 AM

Quote from: shulio on March 24, 2018, 05:56:46 AM

If the top 6 coins are 1 trillion worth each, the total market cap will be 10-15 trillion dollars, which is 20% of the current world market cap.

It seems to me that to dream about such a sharp jump in such a short time is impossible. It's unrealistic. Now we see attempts by governments to legalize cryptocurrencies. Regulation in the cryptocurrency market can push away large capital from them and we will see the opposite effect. I do not see the potential for increasing the capitalization of all cryptocurrencies without exception.

It is good to dream high but this one is far from reality. When we go for our objectives, it should be realistic. It is a reality that crypto currencies are being manipulated, this will involve whales in this agenda. Bitcoin is so volatile that it affects the value of all the altcoins below its umbrella. But I shall always wait for the highest pump it can produce

Vendetta666

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I wish Bitcoin can make it, but the others is only a speculation. And if it is happen, 100% of the people in the world invest in cryptocurrency. I hope it would happen.

disbimanear

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Quote from: bitcoinsc on March 23, 2018, 01:21:05 AM

what if the top 6 coins on marketcap is worth 1 trillion each by 2020? where would that put us at? is 10,000$ invested make us a millionaire yet? lets say new york turns into a blockchain city and chicago turns into blockchain city. they start investing we see coins in the trillion. this is where i see the market going. just thinking ahead and the future.

Probs not the top 6 by 2020 but i believe a couple of the top coins will have that kind of marketcap by then.

bitcoinsc

jr. member

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Yeah I might be wrong. It since people will be dumping there coins when the profits start reeling in. Its jus reality. We have to wait for other investors to come to the party make it pump up again.

romecheo

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If that could happen, I among the happiest man living on the earth, only two year to wait and I could visit many places I really wanted to see.

Hoping that the value of everything are not going to come with the same value of crypto currencies.

fiulpro

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By 2020? I think that's a bit hard to achieve since the banks are vaging war against them and trying to control them .. no matter how small the scale is ..they are still doing it and it will take quite amount of time for the crypto world to get out of all this mess and create their own stand .

To be frank it will take around 10 years because now not only the banks are fighting it they are thinking if introducing new cryptos by themselves so they are just getting jealous and cautious in Advance .. more than 2 years is needed to dilute all this is what I think.

noriksiayol

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It is a big impossible to happen that those top six coins worth trillion of each price. But I'm still hoping that someday there were price level that grows more than what we have been expected.

Jlimao28

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Quote from: bitcoinsc on March 23, 2018, 01:21:05 AM

what if the top 6 coins on marketcap is worth 1 trillion each by 2020? where would that put us at? is 10,000$ invested make us a millionaire yet? lets say new york turns into a blockchain city and chicago turns into blockchain city. they start investing we see coins in the trillion. this is where i see the market going. just thinking ahead and the future.

1trillion dollars seem to be a great speculation in coins! Just imagine what will happen if the price of the top 6 listed coins will move from 1B USD. The effect will result for a total loss of the cryptocurrency.
2020 is a near year and it cannot be reached easily. What happens now is not accurate to your prediction for 2020. But I am glad on how you expect in crypto.

Lucius

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Such speculation is for me just science fiction and it can not happen in 2020,it's too early for that.If we look BTC market cap today it is between 110-120 billion dollars,so it should go up 9 times to hit 1 trillion(1,000,000,000,000 $),and if we roughly calculate there will be 17,000,000(today)+1,300,000 in next 2 years-so let's say 18,300,000 BTC.Price should be around 55 000$ per BTC to reach 1 trillion $.

Maybe this is possible for BTC,but for some other altcoins like BCH it is impossible since this coin is have same amount of total supply like BTC,and it should reach same price as BTC what looks like an impossible mission.

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