Topic: When and how will Bitcoin reach a trillion dollar market cap? (Read 3617 times)
bitcoin value will rise up to such amount only if there is mass adoption. we must take steps to promote and spread knowledge about bitcoin. as more people will use bitcoin, value will rise in a stabilized manner. but i think it is about 10 years in future from now.
we aren't there by any means, a trillion is 1K billion in the short scale, and we are still at a mere 4B
we need to do a x250, which mean a price of 62.5k, something a bit crazy, that won't be reached before 3 halving at least
we need to do a x250, which mean a price of 62.5k, something a bit crazy, that won't be reached before 3 halving at least
You're right . I don't think that Bitcoin will reach a trillion bucks any time soon or in a short period. It will take a very loooong time . At least it will be close to it by 2024 or something hopefully depending on various other criteria. Nobody can predict if it will actually come to reality .
LOL all you guys hoping that bitcoins will multiply 50x 100x over time hahha. That can simply not happen if major mass adoption doesn't take place. How many of us actually take efforts to spread bitcoin? We all should respect the writers, journalists, film makers, etc within us to create content regarding bitcoin. We should hold a competition and offer bitcoins, then we should market it. That's how we spread knowledge. Just an idea!
It is a long way but we are getting there, i expect it to happen within 15 years along with world-wide mass adoption of Bitcoins, what do you guys think?
It can't be foreseen really. It might be huge , or it might be falling down. But most likely the chances are that bitcoin has great awareness,great adoption and awareness, great mass investments which will probably be its road to success. Let's hope for the best.
we aren't there by any means, a trillion is 1K billion in the short scale, and we are still at a mere 4B
we need to do a x250, which mean a price of 62.5k, something a bit crazy, that won't be reached before 3 halving at least
we need to do a x250, which mean a price of 62.5k, something a bit crazy, that won't be reached before 3 halving at least
You're right . I don't think that Bitcoin will reach a trillion bucks any time soon or in a short period. It will take a very loooong time . At least it will be close to it by 2024 or something hopefully depending on various other criteria. Nobody can predict if it will actually come to reality .
A trillion dollar market cap would be extremely high, as that is a 250x increase, assuming the current market cap is 4 billion dollars. That would be massive, but I do wonder what might happen with Bitcoin to cause it to go this high. Who knows if it is possible though.
Something as big as mass adoption by a majorly populated country like China or India could cause such an explosion in price. That could be a very good thing for all the bitcoin investors, its their god damn wet dream
Irrespective of how the chances of that happening is so low, there are factors such as education of the masses, technological barriers and adaptation with fiat to be fixed... that's when such an economic evolution could happen. 
It is technically more scarce, no need to for the italicized "think". It inflation goes down, and the result is a more scarce asset, the total supply is constantly shrinking, and the fact the block reward gets cut in half makes it more valuable instantly. The pump will be epic.
Only the supply becomes more scarce, not the amount of coins. This is what I was trying to point out. So the value doesn't go up because we have suddenly less coins, but because the inflation value goes down a bit. And probably the main influence is because people think that we will have less coins and hence they should be worth more. So the value increase is not because it is suddenly worth more, but because people think it has a higher value (or will have).
A trillion marketcap means that 1 bitcoin will cost about 78.000 Dollar.
Someone will not believe this, but imo it will happen for 100% in the next 5 years, before 2021.
Only some big company must start with bitcoin payment and it will trigger a chain reaction.
Someone will not believe this, but imo it will happen for 100% in the next 5 years, before 2021.
Only some big company must start with bitcoin payment and it will trigger a chain reaction.
True, but keep an safe wallet and use it, Is not easy for many peoples even.
The future market cap of Bitcoin is entirely dependent on the success or failure of currencies throughout the world. If events like Greece, China, and Venezuela continue in the future, mass adoption will occur sooner, rather than later.
You should stop getting yourself under such delusion because the future is still unclear and halvings will mostly affect miners the most and miners are not the one that controls the price. It will happen eventually if there is a demands on it, otherwise it will be just pure cheap talk no matter how many halvings that we have been through
I agree that the halvings leading up to 2024 are reasonably academic, but that one puts the annual coin inflation below 2%. Right now avalanches of coins arrive every day so the sheer dilution makes it hard to tell what the state of the market is.
Post 2024 perhaps it'll start to act in a genuinely deflationary manner.
after halving in 2024 it will happen !!! 1 trillion dollar market cap of bitcoin
This halving thing is actually great... People think that this means the coin is become scarce and it will be more valuable, hence the price must rise. However, all it means that the inflation rate of bitcoin is halving. Nevertheless continuous money input into the network is required just to maintain its price, not rise.
If the market cap stays at say 1 Billion USD and we keep adding new coins by mining, what will happen? Bitcoin has to attract investors and expend or otherwise increase its perceived value just to maintain and possibly increase it's "price" (converted in USD/EUR/etc).
So this illusion of the coin becoming more valuable overnight after block reward halving has little to do with the actual fact of halving, rather than what people think.
Trillion or billion? Last one could happen very soon when Chinese stock exchanges and economy will collapse 
As posted previously, the current market cap is already 4 Billion. (source example)A trillion marketcap means that 1 bitcoin will cost about 78.000 Dollar.
Someone will not believe this, but imo it will happen for 100% in the next 5 years, before 2021.
Only some big company must start with bitcoin payment and it will trigger a chain reaction.
Someone will not believe this, but imo it will happen for 100% in the next 5 years, before 2021.
Only some big company must start with bitcoin payment and it will trigger a chain reaction.
I think some people are way too optimistic. The current market cap is negligible compared to 1 trillion, meaning that yearly 200 billion would be needed to get into the bitcoin economy. Not saying it is impossible, but looking at it realistically, its rather unlikely.
It is technically more scarce, no need to for the italicized "think". It inflation goes down, and the result is a more scarce asset, the total supply is constantly shrinking, and the fact the block reward gets cut in half makes it more valuable instantly. The pump will be epic.
A trillion dollar market cap would be extremely high, as that is a 250x increase, assuming the current market cap is 4 billion dollars. That would be massive, but I do wonder what might happen with Bitcoin to cause it to go this high. Who knows if it is possible though.
You should stop getting yourself under such delusion because the future is still unclear and halvings will mostly affect miners the most and miners are not the one that controls the price. It will happen eventually if there is a demands on it, otherwise it will be just pure cheap talk no matter how many halvings that we have been through
I agree that the halvings leading up to 2024 are reasonably academic, but that one puts the annual coin inflation below 2%. Right now avalanches of coins arrive every day so the sheer dilution makes it hard to tell what the state of the market is.
Post 2024 perhaps it'll start to act in a genuinely deflationary manner.
after halving in 2024 it will happen !!! 1 trillion dollar market cap of bitcoin
This halving thing is actually great... People think that this means the coin is become scarce and it will be more valuable, hence the price must rise. However, all it means that the inflation rate of bitcoin is halving. Nevertheless continuous money input into the network is required just to maintain its price, not rise.
If the market cap stays at say 1 Billion USD and we keep adding new coins by mining, what will happen? Bitcoin has to attract investors and expend or otherwise increase its perceived value just to maintain and possibly increase it's "price" (converted in USD/EUR/etc).
So this illusion of the coin becoming more valuable overnight after block reward halving has little to do with the actual fact of halving, rather than what people think.
Trillion or billion? Last one could happen very soon when Chinese stock exchanges and economy will collapse
As posted previously, the current market cap is already 4 Billion. (source example)A trillion marketcap means that 1 bitcoin will cost about 78.000 Dollar.
Someone will not believe this, but imo it will happen for 100% in the next 5 years, before 2021.
Only some big company must start with bitcoin payment and it will trigger a chain reaction.
Someone will not believe this, but imo it will happen for 100% in the next 5 years, before 2021.
Only some big company must start with bitcoin payment and it will trigger a chain reaction.
I think some people are way too optimistic. The current market cap is negligible compared to 1 trillion, meaning that yearly 200 billion would be needed to get into the bitcoin economy. Not saying it is impossible, but looking at it realistically, its rather unlikely.
A long way to go. But we cannot say that the question seems far away from the actual reality. Bitcoin is taking baby steps into the global economy, days are not far when the bitcoin would have gained enough masses to raise a trillion dollar market cap.
A trillion marketcap means that 1 bitcoin will cost about 78.000 Dollar.
Someone will not believe this, but imo it will happen for 100% in the next 5 years, before 2021.
Only some big company must start with bitcoin payment and it will trigger a chain reaction.
Someone will not believe this, but imo it will happen for 100% in the next 5 years, before 2021.
Only some big company must start with bitcoin payment and it will trigger a chain reaction.
Trillion or billion? Last one could happen very soon when Chinese stock exchanges and economy will collapse
we are already at billion market cap, he is talking about trillion, which mean 65k+ for each bitcoin
a bit crazy to thing about that right now, certainly not impossible
Trillion or billion? Last one could happen very soon when Chinese stock exchanges and economy will collapse
It can do if banks accept bitcoin and enters a fractional reserve banking phase. You will have loans, bonds, futures and other derivatives. Then the bitcoin sector could be worth a trillion. Not impossible in 2020.
Yes, it would be a wise future for bitcoin to have an acceptance with said financial institutions and enter a fractional reserve banking phase, exactly which you are talking about. But being involved with banks is the one thing which destroys the whole function of bitcoin... being decentralized. The banks will make sure that they would control it, rather than just have a reserve banking 'phase'.
It is a long way but we are getting there, i expect it to happen within 15 years along with world-wide mass adoption of Bitcoins, what do you guys think?
Why Bitcoin Could Be the Best Investment of the Centuryhttps://atriark.com/blog/bitcoin-best-investment-century/
You should stop getting yourself under such delusion because the future is still unclear and halvings will mostly affect miners the most and miners are not the one that controls the price. It will happen eventually if there is a demands on it, otherwise it will be just pure cheap talk no matter how many halvings that we have been through
I agree that the halvings leading up to 2024 are reasonably academic, but that one puts the annual coin inflation below 2%. Right now avalanches of coins arrive every day so the sheer dilution makes it hard to tell what the state of the market is.
Post 2024 perhaps it'll start to act in a genuinely deflationary manner.
after halving in 2024 it will happen !!! 1 trillion dollar market cap of bitcoin
You should stop getting yourself under such delusion because the future is still unclear and halvings will mostly affect miners the most and miners are not the one that controls the price. It will happen eventually if there is a demands on it, otherwise it will be just pure cheap talk no matter how many halvings that we have been through
But recent stats and developements points to a decline in Bitcoin adoption and usage
Where did you get this recent status from? As far as I know the status pointed that we are having more and more transaction also you can check at the block explorer that blocks are averaging on 600kb . Which means that there is only one possible fact for this, more and more people is using BTC and that would be how the marketcap reach higher milestone
The trade volumes are significantly down for the past 6-7 months
Trade volume has nothing to do with adoption or BTC usage. If you want to have a data about this then you should point your view to the number of BTC project that keep on increasing and also BTC transaction as well.
after halving in 2024 it will happen !!! 1 trillion dollar market cap of bitcoin
Jump to: