Bitcoin Forum

The market capitalization for all cryptocurrency rose above 300 B$ after a long time above this range,Is the momentum going to be sustained

The momentum is going to be sustained and it will rise up more. There is no going back since cryptocurrency market have already bloomed and people are starting to notice and everyday hundreds to thousands of people across the globe are joining in. On the long run the 300 billion $ total market capitalization will be a miniscule to the futures market capitalization.

I believe that this momentum will continue and the price will raise more. Actually after the rise of bit coin, the market of crypto currency has started to rise slowly.

Looking at cryptocurrencies, they are at a young start. The total market capitalization will be sustained and even move higher than $300B, I see it reaching $2T in the few years to come.

Right now, it has fallen below that mark. The current crypto market cap is $297 billion. But the overall trends are quite positive. If the ETF gets approved, then we may even touch $500 billion.

As the higher the value, the stronger the community, the greater the sustainability.
When the total capitalization of all e-currencies rises to a very high value and the interest of everyone is greater, then value and sustainability have only increased rather than decreased.

The market is now holding back and waiting for positive news to pick up. This news has rekindled hopes and has given some momentum to bitcoin price. [1]
The real assessment of the market is the extent of people's trust in the currency and not the rapid fluctuations that occur due to random sales
Looking at the market capacity will not help to predict the future more than knowing the news. "As the limited number of bitcoin makes it easier to increase market capacity if demand increases."
If we take Bitcoin as an example, the market was about $ 237 billion, and then it dropped to $ 117 billion. Does that mean anything?[2]

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Sources:
[1] SEC Commissioner Disagrees with Agency's Winklevoss Bitcoin ETF Rejection (https://www.ccn.com/sec-commissioner-disagrees-with-agencys-winklevoss-bitcoin-etf-rejection/)
[2] https://www.statista.com/statistics/377382/bitcoin-market-capitalization/

Yes, I think this will continue. In the last month, there are some positive signals in the market. I think the market will soon end the correction and the new funds will enter the encrypted market in the short term.

in the long run after a couple of years, i think not because most part of this total market capitalization comes from useless shitcoins with huge supplies and high prices while having huge premines. as time goes by their large supply will bite them in the ass and their price starts decreasing which leads to a much smaller market cap.  and eventually all these ICO tokens and useless fork coins will die too and that takes another big chunk of the market cap with it.
in the end there will only be bitcoin's market  cap and a couple of other altcoins that survived in the long run.

This rate of capitalization is due only to a rise in the price of the most expensive cryptocurrency of the market - Bitcoin BTC.

I don't want to bothered at hat as it seems  to be  read or rmany surprises. The bull season is coming. This increase is just a little one. Lets  wait for it.

Given that the market cap of the worldwide stock market is over $100 trillion and the market cap of the derivatives market is $1.2 quadrillion, I think the crypto market cap definitely has room for upward movement  :)

It’s will rise  gradually and I think never decreases because everyday many newbie’s join here and invested on cryptocurrency. By this we can assume cryptocurrency as a sustainable platform.

The crypto market is now the most popular and widely used. The interest here is much more than before. Because there is no time wasted in the transaction here. I think the crypto capital will soon come to 300 billion dollars. Which is a good sign for crypto.

It is definitely sustainable, going up more each day.  Cryptocurrencies are on the run themselves, growing ever so rapidly each second. Many big investors are various countries are trying to legalize it. In future it is very likely to cross prediction marks of $300 B, if this momentum and pace continues.  :'(

we are still at the level of October-November 2017. Therefore, I believe that it is too early to consider that the trend has become upward. The trend change will be gradual

I hope that this was going on because despite of decreasing prices we are going upwards in general. All the things that are taking place now are showing to whole world, we are having a serious attitude.

Cap: $226.09B | Vol: $12.82B | BTC Dom: 53.0%
What will we see first? Bitcoin pass the $ 10,000 or the market pass 300 billion?

It is still very uncertain how Bitcoin will dominate. At the moment it is 53%. But it could drop to 38% or go over 55%. All other assets are much more volatile.

300 billion in marketcap is nothing, it will eventually be in the trillions when cryptos are the dominant currency across the world.

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You're asking if momentum would be sustained or not,in a volatile market yet a bearish one? These types of answers are subjective , and are opinions based on "speculation".

You'll go nowhere with these "answers". But I don't think you'd ever even bother to read these replies or understand it.

I believe such market capitalization will be sustained also.
As the usage of cryptocurrencies is becoming popular, more and more industries are adopting the utilization of these cryptos in their financial transactions.
Blockchain projects will just be a regular thing for businesses that wanted to alter the way they handle their business activities.
So such 300B$ market cap today will be easily surpassed, indicated by how things are progressing in the crypto world.


Yes, answers are just speculations. But, it's good to read the opinion of others on how things will turn out in crypto.
As you said, they are subjective. We have our own minds on what to believe what will happen next.  ;)

Its better to stay away. Most opinions are made without having proper knowledge of what exactly goes around in crypto. So they are just mere bullshit. Like, I said, reading opinions of how things would turn in crypto would lead you nowhere, plus, you might get into a false delusional mindset.

Remember my warning.  ;D

I doubt that would be the case. Many people who bought at higher prices will try to breakeven thus drive the price lower again after some time. And as I see it, less people are buying in atm so I expect a downward trend.

The market is currently looking forward to more information from ETF Bitcoin. I think it is too early to look at the current market trend.
This is a good time to study the market, learn about technology, knowledge. Do not worry too much

We just started. The future movement of Bitcoin is very important. As predicted, figures such as 100K, the market value reaches an incredible size.

Let's forget about ETF for a minute and just enjoy the ride. If by any chance SEC approves it then good, we might see a sudden U-turn and see the price goes to another all-time-high and marketcap getting into the 1 trillion mark. Otherwise, we all can do is wait for a bit because the market seems to be on a lull with no significant move whatsoever.

I think the market will soon end the correction phase and new funds will enter the short-term market. This increase is just a bit. Given that the stock market capitalization of the global stock market is over $ 100 trillion and the market capitalization of the derivatives market is $ 1.2 trillion, In this way, we can assume electronic money as a sustainable foundation. I think the encryption capital will soon up to 300 billion dollars.

market capitalization does not always show accurate information, so you should be prepared to evaluate different information

Crypto market is very young, compare to stock market so we can assume that a lot of thing can happened and even $100k is within our grasp. Regarding the market cap, its obvious that when the price goes to the moon, market cap will increase as well. We have reached $300b if I'm not mistaken so I have no doubt that we are going to see it again once the bull season starts.