Bitcoin Forum

Economy => Speculation => Topic started by: Gleb Gamow on June 03, 2016, 09:03:41 PM



Title: (Update: We made it!) U$9B Market Cap here we come [again]!
Post by: Gleb Gamow on June 03, 2016, 09:03:41 PM
https://coinmarketcap.com/currencies/bitcoin/

https://i.imgur.com/mnwJiy3.jpg


Title: Re: U$9B Market Cap here we come [again]!
Post by: jjacob on June 04, 2016, 02:27:35 AM
Although market cap is important, people tend to place more emphasis on price/bitcoin landmarks.
An ATH in bitcoin's price would attract a lot of attraction, whereas an ATH in market cap might not.


Title: Re: U$9B Market Cap here we come [again]!
Post by: Yakamoto on June 04, 2016, 02:31:58 AM
I'm incredibly excited that we're bordering on the edge of $9b again, It's definitely something that isn't worth scoffing at, and it is a huge difference from the $7b market cap we had just 4 or 5 months ago.

Maybe we'll see some more big players start getting involved if the market cap keeps going up like it has been, but you never know. We'll just have to wait and see, unless some of us have a sixth sense.


Title: Re: U$9B Market Cap here we come [again]!
Post by: sotisoti on June 04, 2016, 03:03:56 AM
There are 3600 bitcoins mined each day, so we need around $630 ~ $640 per coin to reach $10bil market cap before halving...


Title: Re: U$9B Market Cap here we come [again]!
Post by: Gleb Gamow on June 04, 2016, 06:59:48 AM
Next milestone - U$10B. I give it less than a week.

https://i.imgur.com/ts3eazu.jpg


Title: Re: U$9B Market Cap here we come [again]!
Post by: Searing on June 04, 2016, 07:09:50 AM
Next milestone - U$10B. I give it less than a week.

https://i.imgur.com/ts3eazu.jpg

Zoom. Zoom. Zoom. ( On Oct 8th 2013 got my newbie KNC 550gh Jupiter BTC miner. ROI'd in like 3 weeks and the price was over 1,000 usd
in 6 weeks. I want to see that kinda action again. AS A NEWBIE at the time that seemed the 'proper' speed imho :)

https://direclown.files.wordpress.com/2016/04/bitcoin-meme-2.jpg?w=430



Title: Re: (Update: We made it!) U$9B Market Cap here we come [again]!
Post by: zimmah on June 04, 2016, 12:47:50 PM
lol, did we just go from a 7 billion to a 9 billion market cap in a week or so?



Title: Re: U$9B Market Cap here we come [again]!
Post by: zimmah on June 04, 2016, 12:49:26 PM


Zoom. Zoom. Zoom. ( On Oct 8th 2013 got my newbie KNC 550gh Jupiter BTC miner. ROI'd in like 3 weeks and the price was over 1,000 usd
in 6 weeks. I want to see that kinda action again. AS A NEWBIE at the time that seemed the 'proper' speed imho :)

https://direclown.files.wordpress.com/2016/04/bitcoin-meme-2.jpg?w=430



nothing can grow that fast forever,

that being said, bitcoin has still a long way to go before it's 'forced' to stop growing.

once we reach a market cap of several trillions, that's about the time bitcoin has reached it limits.