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Author Topic: Tesla Overtakes the Combined Crypto Market Cap - $380 billion market cap reached  (Read 207 times)
jerrison
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August 25, 2020, 11:18:44 AM
 #21

Crypto total market cap has previously hit the current market cap of Tesla. That Tesla has a marketcap higher than crypto is not entirely significant as crypto in itself is  a volatile space that can go from one to one hundred within the shortest space of time. i see crypto making waves and hittin a market cap that Tesla can not compete with.

john_nautica
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August 25, 2020, 11:32:33 AM
 #22

What will you do if crypto market cap reach $1 trillion?
I'll take profit if it reaches to $1 trillion market cap. Price by that time will be on estimation of $50,000 - $54,000. As much as I want to drive a Tesla if ever bitcoin's market cap reaches to that high or will surpass $1 trillion market cap, I don't think it's worth for me.  Cheesy

The tenure is what makes bitcoin greater. We're on the right path so we just have to hold until bitcoin surpass those big tech companies market cap or even reach next to it.
Agreed. I will also do the same, besides I am not much of a fan of Tesla. And Bitcoin is not also some kind of company, so I will just take the profit.

bryant.coleman
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September 14, 2020, 06:45:33 AM
 #23

It will take time but it will eventually happen, I see cryptocurrency market cap growing past 1 trillion in the near future.

$1 trillion will not come from thin air. When you talk about such a huge figure, you need to give the justification for it as well. Nowadays, most of the cryptocurrencies are being solely used for speculative investment purposes. Unless the other uses, such as payments and smart contracts increase, I don't think that the market capitalization is going to rise in a big way.
Expecto
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September 20, 2020, 10:28:57 PM
 #24

In the technology sector, it is very important to do something that was not carried out before. Tesla did it exactly. Their success on full-electric cars brought fame to them and they overtook many big companies in a very short time. So, I think they deserve this growth.

Shasha80
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September 20, 2020, 11:39:40 PM
 #25

I agree with the opinion of Tesla's market increase, because Elon Musk's role is so charismatic. So make investors believe in Tesla's potential.
This should be the case with Bitcoin too, with the popularity of Satoshi Nakamoto being able to attract investors to believe in the future of Bitcoin.
I am still optimistic that Bitcoin will outperform Tesla's success, but Bitcoin will still take much longer to develop. So for investors who are patiently
waiting for the development of Bitcoin, I am sure that they will get a big surprise from Bitcoin. Therefore I never stop to continue collecting as
much Bitcoin as possible.

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