Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: remotemass on April 21, 2019, 12:02:23 PM



Title: Will we reach first 100M market capitalization or 18M BTC in circulation?
Post by: remotemass on April 21, 2019, 12:02:23 PM
What is your best guess?


Title: Re: Will we reach first 100M market capitalization or 18M BTC in circulation?
Post by: leonair on April 21, 2019, 12:45:31 PM
What's the 100M market capitalization?
He meant the total market cap. of Bitcoin, based on Coinmarketcap.com as of this moment it's $92,845,762,145

If we base the average blocks per day to 144 with 12.5 Bitcoins per block then that would be 1,800 Bitcoins added to the circulating supply per day so we'll wait more or less 190 days/6months+. With the current trend of Bitcoin reaching 100 million market capitalization within the span of 6 months is more likely to happen.


Title: Re: Will we reach first 100M market capitalization or 18M BTC in circulation?
Post by: Haunebu on April 21, 2019, 12:55:50 PM
Thanks. I assume that should be 100B. If so, the 100B will be the first.
100B? Think before posting. Its 100M(Million). These figures are nothing but numbers and I would be more excited when actual adoption rates grow with time. More and more people continue treating Bitcoin as an asset primarily and currency secondarily which needs to be reversed hopefully in the near future.


Title: Re: Will we reach first 100M market capitalization or 18M BTC in circulation?
Post by: Razick on April 21, 2019, 01:17:34 PM
Man, we reached $100,000,000 (one hundred million) market capitalization many, many years ago by now. Where have you been? Asleep at the wheel? Under a rock? lol now we're talking in the multi-billions... BTC market cap will always be above $100 million... but I think you were referring to 100 biillion ($100,000,000,000), in which case i think we will reach that market cap before reaching 18 million coins.


Title: Re: Will we reach first 100M market capitalization or 18M BTC in circulation?
Post by: Lucius on April 21, 2019, 01:33:26 PM
Some members seem to have issues with numbers, market cap of bitcoin is currently 93,204,061,964 $, and that is billions - and total market cap is 176,558,719,780 $, also billions by data provided on Coinmarketcap. Only 6.8 $ billion is needed for 100 $ billion MC for bitcoin, and although it seems a lot of money, actually is not.

Market capitalization of some coin is calculated in a very simple way. You need circulating supply and price, and for 100 $ billion MC of bitcoin price should be at this moment only around 5700$. In short, to add some 6.8 $ billion to bitcoin market cap, price only need to go up 450$.


Title: Re: Will we reach first 100M market capitalization or 18M BTC in circulation?
Post by: alisafidel58 on April 21, 2019, 01:34:54 PM
He meant the total market cap. of Bitcoin, based on Coinmarketcap.com as of this moment it's $92,845,762,145

Judging from this I think we will hit 100B first before we can hit 18M bitcoin in circulation. Mining takes a lot of time before you can mine a block but having to reach 100B for market capitalization is fairly easy since there are lots of traders and exchanges nowadays.


Title: Re: Will we reach first 100M market capitalization or 18M BTC in circulation?
Post by: Mandoy on April 21, 2019, 01:50:13 PM
Looking at the market flow we can infer that we will not hitting a 100 million market capitalization first. In my honest opinion we will hit 18M btc first. But this theory of mine will only be realized if there will be no bullrun in the coming days. But what is most important for me is that we will have a big market capitalization since that means that the value of our bitcoin is going up and we will enjoy good fortune if that happens.


Title: Re: Will we reach first 100M market capitalization or 18M BTC in circulation?
Post by: pawanjain on April 21, 2019, 01:59:09 PM
Word correction: it's 100 B and not million.
Well if look out through the charts then the 100 B marketcap is soon to be achieved as the price grows steadily.
18 M BTC supply is yet to take ample amount of time to be achieved as the leonair mentioned.
Anyway, the increase in marketcap certainly won't make a huge difference though.


Title: Re: Will we reach first 100M market capitalization or 18M BTC in circulation?
Post by: Bitinity on April 21, 2019, 06:37:52 PM
Thanks. I assume that should be 100B. If so, the 100B will be the first.
100B? Think before posting. Its 100M(Million). These figures are nothing but numbers and I would be more excited when actual adoption rates grow with time. More and more people continue treating Bitcoin as an asset primarily and currency secondarily which needs to be reversed hopefully in the near future.

He is right to say that it should be Billion instead of Million for the market capitalization as the current market capitalization is 93+ Billion already. It would be non senses to compare which one will come first if we use million for the market capitalization as 100M for it has been reached long time ago.


Title: Re: Will we reach first 100M market capitalization or 18M BTC in circulation?
Post by: okala on April 21, 2019, 07:06:31 PM
I will go for the 100milion market capitalization any time because bitcoin current market capitalization is 900+ that is jus a stone throw to 1 billion market capitalization I know before the end of the second quarter of the year 2019 that 1 billion market capitalization will be achieved.


Title: Re: Will we reach first 100M market capitalization or 18M BTC in circulation?
Post by: akamit on April 21, 2019, 07:14:27 PM
Thanks. I assume that should be 100B. If so, the 100B will be the first.
100B? Think before posting. Its 100M(Million). These figures are nothing but numbers and I would be more excited when actual adoption rates grow with time. More and more people continue treating Bitcoin as an asset primarily and currency secondarily which needs to be reversed hopefully in the near future.
Wendelllee assumed it right, that would be $100B not $100M. The current BTC marketcap is $92,904,632,375 (CMC), that's $92B+

And I think OP should edit the title to avoid future misconceptions.


Title: Re: Will we reach first 100M market capitalization or 18M BTC in circulation?
Post by: fcmatt on April 21, 2019, 07:15:07 PM
Man, we reached $100,000,000 (one hundred million) market capitalization many, many years ago by now. Where have you been? Asleep at the wheel? Under a rock? lol now we're talking in the multi-billions... BTC market cap will always be above $100 million... but I think you were referring to 100 biillion ($100,000,000,000), in which case i think we will reach that market cap before reaching 18 million coins.

yes we reached the 100M$ market cap but actually it just because of the high BTC price before
and if you see the bitcoin price chart on CMC, and the highest market cap from bitcoin was 300M which because of the bitcoin price at that moment around 19.5k $


Title: Re: Will we reach first 100M market capitalization or 18M BTC in circulation?
Post by: tuvok007 on April 21, 2019, 07:36:57 PM
Lets say that you meant 100 billion mcap  ;D That is actually a silly question, we only need 7 more billion to get there and that can happen and day. (Of course it can pass 100 bln and than pull back but relatively soon it will stay way above 100 bln) Theres prehalvening pump soon i guess in may/june and dont be surprised if we go to 200 billion mcap,thats only around 11 000 per btc.Even that is highly possible before 18 milionth btc hits the circulation...


Title: Re: Will we reach first 100M market capitalization or 18M BTC in circulation?
Post by: ralle14 on April 21, 2019, 07:59:37 PM
With the price of Bitcoin staying above the $5,000 range right now i'd say it's more likely we'll see the $100 billion capitalization first over the circulation.

But there's also a chance for the circulation to happen first if Bitcoin doesn't go above $5500 and the price stays well under for several months.


Title: Re: Will we reach first 100M market capitalization or 18M BTC in circulation?
Post by: sunsilk on April 21, 2019, 10:31:47 PM
Okay, OP just had some typo-error so understand it. Bitcoin's total market cap as said is currently on $93-B and OP wants to ask when we shall reach the $100B market cap for bitcoin.

$93.5B now and I think we need few more hundreds increase around $5,600 then we'll hit $100-B total market cap for BTC.


Title: Re: Will we reach first 100M market capitalization or 18M BTC in circulation?
Post by: MakeMoneyBtc on April 21, 2019, 10:49:04 PM
Market cap is based on bitcoin price so it's just as someone would ask if bitcoin will reach a certain price before we reach 18M BTC in circulation. 100B market cap is not as big as it seems since there have been periods when it was a lot bigger such as in 2017 when it passed 300B.


Title: Re: Will we reach first 100M market capitalization or 18M BTC in circulation?
Post by: Ailmand on April 21, 2019, 11:18:13 PM
Market cap is based on bitcoin price so it's just as someone would ask if bitcoin will reach a certain price before we reach 18M BTC in circulation. 100B market cap is not as big as it seems since there have been periods when it was a lot bigger such as in 2017 when it passed 300B.

The Current market cap is almost at 93B$, and it is derived based on the current market price. So, most likely it will occur first.

Thanks. I assume that should be 100B. If so, the 100B will be the first.
100B? Think before posting. Its 100M(Million). These figures are nothing but numbers and I would be more excited when actual adoption rates grow with time. More and more people continue treating Bitcoin as an asset primarily and currency secondarily which needs to be reversed hopefully in the near future.

Agree, most people are really after numbers, only few are using crypto to utilize it's real use-case as a currency. Most of us see crypto as an investment tool.


Title: Re: Will we reach first 100M market capitalization or 18M BTC in circulation?
Post by: seoincorporation on April 21, 2019, 11:58:11 PM
What is your best guess?

Bitcoin market capitalization already hit more than 100M when btc was at $20k, and now it's really to the goal, so i would say 100M is not a hard goal nowdays, that's why i choose the 100M on this poll  ;)


Title: Re: Will we reach first 100M market capitalization or 18M BTC in circulation?
Post by: lyks15 on April 22, 2019, 01:08:14 AM
It is not hard to hit 100M market capitalization. We already see the number of investors and number of merchant who are already invest and it will increasing everyday so I dont have any doubt that bitcoin can be hit more than 100M market capitalization. I choose 100M on this poll because I know it will be happen soon. Because I believe on the power of bitcoin.


Title: Re: Will we reach first 100M market capitalization or 18M BTC in circulation?
Post by: carlisle1 on April 22, 2019, 02:21:18 AM
Man, we reached $100,000,000 (one hundred million) market capitalization many, many years ago by now. Where have you been? Asleep at the wheel? Under a rock? lol now we're talking in the multi-billions... BTC market cap will always be above $100 million... but I think you were referring to 100 biillion ($100,000,000,000), in which case i think we will reach that market cap before reaching 18 million coins.

Maybe the man was just mistyped the amount but you are right its 100 billions because the current marketcap of bitcoin is around $90,000,000,000

For me its easy for bitcoin to reach 100 billions capitalization than the 18 million bitcoins in circulating were just below $10 billion shorter so if another whales invested for sure we wil take that

It is not hard to hit 100M market capitalization. We already see the number of investors and number of merchant who are already invest and it will increasing everyday so I dont have any doubt that bitcoin can be hit more than 100M market capitalization. I choose 100M on this poll because I know it will be happen soon. Because I believe on the power of bitcoin.
Right and we already hit that cap in the last quarter of 2017 so nothing to wait long and this will be taken,but whats important is of bitcin can hit 200$ billion soon


Title: Re: Will we reach first 100M market capitalization or 18M BTC in circulation?
Post by: Kaller on April 22, 2019, 02:45:39 AM
It is not hard to hit 100M market capitalization. We already see the number of investors and number of merchant who are already invest and it will increasing everyday so I dont have any doubt that bitcoin can be hit more than 100M market capitalization. I choose 100M on this poll because I know it will be happen soon. Because I believe on the power of bitcoin.

yeah 100 billion dollars isn't even that much money. There are lots of groups with the hundred billion dollars we I hear about on a daily basis making huge traits with multibillion-dollar deals so buying Bitcoin in this manner is also a possibility so when you consider all of the group's investing and the fact that one man alone has more than 100 billion dollars it's quite obvious that the Bitcoin market cap will surpass 100 billion dollars before they are 18 million coins in circulation.


Title: Re: Will we reach first 100M market capitalization or 18M BTC in circulation?
Post by: BitBustah on April 22, 2019, 02:53:08 AM
Op made an obvious mistype and a 100 billion marketcap for bitcoin is nothing.  I'm waiting for the day when bitcoin will be in the trillions as it takes a large share of global currency use.  Prices will begin to become much more stable when we reach those heights so you can so goodbye to the crazy volatility at that point.


Title: Re: Will we reach first 100M market capitalization or 18M BTC in circulation?
Post by: Text on April 22, 2019, 07:44:41 AM
We already reached the 100 billion market capitalization and more than that if you go back to late 2017 and early 2018. So of course we will reach again that number again and again, it only depends on their prices.
And yes, we will also reach the 18 Million BTC circulation, but no one knows when it will be. Let's just wait and it will happen.