Bitcoin Forum

https://i.imgur.com/2GGAWPy.png?1

New All Time High Marketcap.. Now..

 :D

Amazing.

That is the market cap, not the coin price.

That's right, it's an ATH for the market cap, but we are not very far from the truth as it's a genuine ATH for the price too, the 2013-2014 ATM was obviously the result of manipulations at Mt Gox

That's not what all time high means... it means each bitcoin's worth exceeds to more than the highest point in the past. This is the highest market cap we've ever had because there are more bitcoins in existence at this point. There's a big difference.

Did I infer otherwise?

Earlier this year I was looking at the market cap of $6 billion and think that we should already sit at $10 billion.

Finally we have done it as the current market cap sits nearly at $14 billion. This tiny currency is taking some serious shapes.

It's of course nothing compared to the market cap of certain stocks and gold, but it just means that there is a gigantic room for growth.

ATH could mean TX volume, hashrate, difficulty, or any other performance metric..

Per coin price does not hold a monopoly on the use of "all time high"

Total marketcap is meaningful to me because it signifies how well the bitcoin experiment is doing as a whole, and its at an ATH..

As the coin supply increases each coin itself is worth a smaller percentage of bitcoin as a whole, so while your wallet may not be worth what it was when BTC hit $1200, Bitcoin itself is now worth more than ever..

I do love seeing my personal stash increasing in value, don't get me wrong.. But, I am more interested in and optimistic about Bitcoin's potential to change the world and society as a whole..

This new marketcap ATH is a significant milestone to that effect IMO and should give great hope that the future of BTC is very bright..

I don't care if Bitcoins are only worth $1 each if it can provide increased liberty and freedom to people across the world and take power away from the mass manipulators of any and all authority that attempts to limit your freedom to do what you wish with your personal wealth..

Recently their is much increased hope for the future of the free world and I hope that Bitcoin plays a significant roll in that.. 

And we like it next year $40 billion or more!

That may be true but I sold at a higher price than this, and I have a friend who bought at a higher price than this, neither trade was on MTgox so we were trading at the market price.

I'm not real sure why this was moved to speculation..

My OP is to report the FACT of a breached milestone and doesn't really have anything to do with future prediction or opinion of projection..

Since we're here... Strap on your huggies boys, BTC to $10k..

Holy crap, look at the momentum. The increase looks pretty healthy. Not a bubble like before. I could see this getting to 1000 in a few days.

It doesn't look very healthy to me since everything happens in such a quick fashion. I would have a bit more trust in it when it took much longer to reach there. $1000 won't happen this year, but we might very well see the price reach $900 for a short while. So far only one real dump happened earlier today. I expect a few more of those to pop up in the coming days.

I'm not that optimistic either. Would be surprised if it keeps going like this without a few significant setbacks within the next few days.

Now a new ATH in price is needed

Just a matter of time

Sure it makes itself grow beyond the gigantic rooms. You see the market cap from the beginning, now only it has out broken and grown high in a small time scale. This clearly describes that mass adoptions were taking place periodically. Now we have reached ath in the market cap, lets hope for the same with the coin price too.

1100+ incoming.

https://bitcointalk.org/index.php?topic=1709691.msg17136291#msg17136291

Called it 12 days ago.

Do you think it will stop when it reaches the previous ATH? Why?

I think 50/50 if it crosses the previous ath it will breakout much higher.. Their hasn't even been any panic buying yet..

What do ya think?

Congratulations to all the brave Holders after the Gox crash  :-* I include myself  ;D
Blood was everwhere and it were hard times but now all looks good again.

https://i.imgur.com/NF61Aal.png

Kraken ATH..

And the bittrex hack?  Yeah, koodos to the strong hands out there!

Heres to $1000 USD before the New Year...  Will it happen after the correction? :-/

Two weeks ago I would have said that $1000 before the new year is not very probable.
The last few days have shown that (apparently) even $900 is easily sustainable.
I'm still a little concerned that this is a bubble and the price could drop back down, but there seems to be no end to the climb, right now at least.

@OP That's not a new ATH for the individual value of each Bitcoin, it's representing the new ATH for the market cap of all of Bitcoin (assuming that I'm reading it correctly and it is a scaled graph).

The ATH was around $1.2k for each individual Bitcoin, and we're around $270 short of that at the current value.

Huobi is almost @ $1000. This is a psychological barrier for a lot of people and I wonder if it will crash down to 900s back fast or if it will still go up.

Umm...I don't know about that.  I really don't.  It feels like "it's different this time", which is the worst thing you can ever say in finance.  Because it rarely is different.  But the rise hasn't been as sharp, that's for sure, so this might be sustainable.

But if we crash, we're going to crash hard.  That's my prediction (which did not take a lot of brains), and I hope I'm wrong.

Price is up over $950 at most exchanges. Looks like the breakout over $930 is finally happening.
It is only a matter of time before $1000 is crossed across exchanges.

We're already at a new ATH in price in all currencies but USD.  It will come.

Huh ya I guess that's true. What with all the Americans around you sometimes forget that not everything revolves around the USD ATH even if they think it does.

There is no new ATH in Chinese currency. I think the next rise will be led by the west.

Correct, western exchanges will, and are pushing the price where China can only follow. It's pretty obvious how different the markets are behaving now Chinese exchanges are not the significant factor anymore. Remember how afraid people were from whatever type of news coming from China? It mostly wasn't even bad news, and still people started with dumping like there is no tomorrow. Further regulations implemented by the PBOC should have a near zero impact on the price from now on.