Bitcoin Forum

Economy => Speculation => Topic started by: mamamu111 on February 20, 2021, 10:17:33 AM



Title: Bitcoin price hits $55K, reaching a $1T market cap faster than Amazon & google
Post by: mamamu111 on February 20, 2021, 10:17:33 AM
Bitcoin’s market capitalization pushed above the $1 trillion level. This milestone occurred less than a year after its market cap dipped below $100 billion on Black Thursday and the move to a new all-time high took place right as BTC price is on the verge of overtaking $55,000. READ THE COMPLETE ARTICLE HERE: https://worldpublicityblog.com/index.php/2021/02/20/bitcoin-price-hits-55k-reaching-a-1-trillion-market-cap-faster-than-amazon-and-google/


Title: Re: Bitcoin price hits $55K, reaching a $1T market cap faster than Amazon & google
Post by: dunfida on February 20, 2021, 09:19:23 PM
Why why linking giants with cryptocurrency? Bitcoin has a small market capacity in which demand (which is increasing) and steady supply means that the price will rise to record levels.
Bitcoin is a store of value that we must compare it to gold or silver, not technology networks or companies that have shares.

Silver market cap is 1.7T Bitcoin 1 T and gold is about 12T. if bitcoin price break 600k we can say bitcoin is better than gold
Nah, it isnt something new that people do really love on attaching and comparing things which isnt really right on the line but well it isnt really
that bad to make it as a reference but honestly speaking Bitcoin is a different market on its own and its not even worth for it to be compared
with those natural resources minerals like silver and gold to put up on the list.
Bitcoins price and adoption is rising up fast and this thing what matter most and if it happens to break out that gold mcap then
that would be great to see but it would be still far off.


Title: Re: Bitcoin price hits $55K, reaching a $1T market cap faster than Amazon & google
Post by: XCANA on February 20, 2021, 09:30:20 PM
Bitcoin’s market capitalization pushed above the $1 trillion level. This milestone occurred less than a year after its market cap dipped below $100 billion on Black Thursday and the move to a new all-time high took place right as BTC price is on the verge of overtaking $55,000. READ THE COMPLETE ARTICLE HERE: https://worldpublicityblog.com/index.php/2021/02/20/bitcoin-price-hits-55k-reaching-a-1-trillion-market-cap-faster-than-amazon-and-google/
Bitcoin has already overcome the $55k as it price hit above the said price, this is just another millstone from bitcoin, we are going to see more highs in bitcoin price soon. Sometimes i disagree with those comparing the Gold and Silver to Bitcoin because they have different time frame existence, bitcoin just clock at 12 year while the aforementioned products have been in existence, so, why comparing bitcoin to the likes of gold and silver?.


Title: Re: Bitcoin price hits $55K, reaching a $1T market cap faster than Amazon & google
Post by: Yaunfitda on February 20, 2021, 10:08:17 PM
Bitcoin’s market capitalization pushed above the $1 trillion level. This milestone occurred less than a year after its market cap dipped below $100 billion on Black Thursday and the move to a new all-time high took place right as BTC price is on the verge of overtaking $55,000. READ THE COMPLETE ARTICLE HERE: https://worldpublicityblog.com/index.php/2021/02/20/bitcoin-price-hits-55k-reaching-a-1-trillion-market-cap-faster-than-amazon-and-google/
Bitcoin has already overcome the $55k as it price hit above the said price, this is just another millstone from bitcoin, we are going to see more highs in bitcoin price soon. Sometimes i disagree with those comparing the Gold and Silver to Bitcoin because they have different time frame existence, bitcoin just clock at 12 year while the aforementioned products have been in existence, so, why comparing bitcoin to the likes of gold and silver?.
Yes, perhaps it's just a comparison to other commodities like Silver and then To Gold for being mine and store of value. As far as the trillion market, another milestone for a very young market. And we could be hitting even higher this year as this bull run can't stop and we don't know what will be the top price of this year. $60k-$100k is the next target and we will see that marketcap growing big as we march towards 2021-2022.