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Author Topic: Bitcoin hit 1 trillion dollars marketcap  (Read 527 times)
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March 18, 2021, 09:11:24 PM
 #41

It's really incredible how bitcoin grew from zero to 1 trillion+ marketcap today, really happy to have witnessed it breaking that 1 trillion market cap, it's so nice seeing bitcoin up there with other top firms in the world, this 1 trillion is still small compared to gold's marketcap and that's the prime target, it's very far off for now cause gold still has large investors and its been around for a longer time than bitcoin, but I believe someday bitcoin will surely flip gold market cap, by then the price of bitcoin could be x5 of this current price now.

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March 18, 2021, 10:23:43 PM
 #42

From zero in 2009 to 1x trillion in 2021, bitcoin proved to be one of the most innovative technology/ asset of entire human history. Although its standing at 60K, no one can predict how far bitcoin can go from here. My prediction is that btc will hit 100k very soon before end of this bull run.

Absolutely! the comparison among those investment assets is really far, we never know yet if how far this coin will proceed, there are lots
of speculations coming from experienced investors.

With the current trend including big well known personalities, and with more institutional investors the success is not done yet, there are many more to expect.

Think more as Bitcoin will continue to surprise everyone from this industry.

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March 18, 2021, 10:55:09 PM
 #43

This is the first time ever bitcoin reached 1 trillion marketcap in dollars, this proves bitcoin as the new age asset. In just 11 years, bitcoin hit 1 trillion dollars. I have just checked this on coinmarketcap. The price of bitcoin at the time is $55,5329 and with a marketcap of 1.03 trillion dollars. Institutions and many people are buying bitcoin which makes its marketcap to reach this great value.

And this will increase to even much higher levels as long as the demand continues to rise. It also looks like we should be accustomed to see it for some time. Because the price really looks like it can break another great record in this year by reaching over $100k, imo. It will also affect the market cap in a very good way.

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March 18, 2021, 10:58:23 PM
 #44

As a Bitcoin holder, I am very happy that Bitcoin has finally touched the 1 trillion dollars market cap, this is a very extraordinary achievement
for Bitcoin. Hopefully this 1 trillion dollars market cap can convince many people that Bitcoin is indeed worthy of being accepted by many people,
quite a long journey for Bitcoin to be up to a 1 trillion dollars market cap. I am confident in the achievements of this Bitcoin, will make Bitcoin's
popularity increase. In the near future there will be an increase in demand for Bitcoin and the price of Bitcoin will also rise even higher.

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March 19, 2021, 04:20:48 AM
 #45

Obviously $1 trillion is a very important milestone. But this should not be our final target. If gold can have a market cap of $11 trillion, then I believe that Bitcoin deserves a market capitalization of much more than $1 trillion. Forget about gold. Even silver is currently having a market cap of $1.45 trillion, which is around 40% higher than that of Bitcoin. So our immediate target should be to overtake silver in terms of market cap.

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March 19, 2021, 07:10:40 AM
 #46

bitcoin is hitting records, marketcap of bitcoin right now is approximately $1.088 trillion and every single hour the market cap is higher and higher. bitcoin has been amazing this pandemic starts many investors are engage right now in bitcoin. bitcoin will probably the future of digital currency .

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March 20, 2021, 04:44:54 AM
 #47

Eterheum will require a 4x jump and why would that happen? Ethereum is a decent coin but for the most part it has facilitated the creation of thousands of coins of which at best we needed less than 5% of them and hundreds of millions of dollars have been invested in those coins and there is almost nothing to show for such a huge amount of money invested in them, so while there is nothing wrong investing in the coin there is no doubt that such a growth will not come soon and will require a 10x pump from bitcoin for that to happen.

Ethereum, as the first second generation cryptocurrency has its own place in the market. But I have a feeling that it's significance is going down with every passing day. Some of the coins that have used the ERC-20 chain have shifted to their own Blockchains, and due to the high fee many of the projects are looking for alternate options such as Cardano and Polkadot. The other projects are still in their infancy, but it is going to take some time for these projects to pose a challenge to ETH.
This trend is not only going to continue but it is going to intensify, the high fees are forcing many new and old projects to reconsider their desire to remain on the ethereum network and if that was not enough institutional investors are showing an interest in coming to this market but they have bought massive amounts of bitcoin but have not bought ethereum at all, and if this continues then many of the investors currently holding ethereum are not going to see the reason to keep holding their ethereum when holding bitcoin is more profitable.
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March 20, 2021, 04:56:30 AM
 #48

Yeah this year is very good start for bitcoin and untill now more and more big company buying bitcoin in high amount.

Bitcoin becomes one of the greatest assets and i think the marketcap will surge more than this in the next few years.
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March 20, 2021, 07:01:22 AM
 #49

Yeah this year is very good start for bitcoin and untill now more and more big company buying bitcoin in high amount.

Bitcoin becomes one of the greatest assets and i think the marketcap will surge more than this in the next few years.
Do not forget to prepare for any possibility that bitcoin can get in the short term because with the fluctuation of the price, we can hard to know what will bitcoin price do, and we can miss the chance to buy low and sell high. But the big company in the bitcoin world gives new hope to us because that can attract more people to trust bitcoin and use bitcoin without a problem. If more big companies come to the bitcoin world, that can lift the price to increase higher.

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March 24, 2021, 05:31:03 AM
 #50

Inflation concerns have again started to creep into the minds of market participants. It's intriguing that they are now eyeing bitcoin as a way to avoid the risks of weaker purchasing power. But according to some experts, it is better to look somewhere else to catch up with inflation.
The recent debate of Bitcoin VS gold has also challenged and tried to threaten gold’s throne.
Hardcore Bitcoin enthusiasts say cryptocurrencies is the world’s best hedge against inflation. The underlying premise being, unlike U.S. dollars or any other fiat currency, it’s programmed to have a limited supply. Therefore, their purchasing power is bound to rise to catch up with inflation. https://www.kalkinemedia.com/news/cryptocurrency/can-bitcoin-serve-as-an-effective-balm-for-inflation-injuries


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March 24, 2021, 09:37:45 AM
 #51

the more people who are interested in bitcoin, the better it will be in the future because it will make bitcoin soar

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March 24, 2021, 11:47:26 AM
 #52

Obviously $1 trillion is a very important milestone. But this should not be our final target. If gold can have a market cap of $11 trillion, then I believe that Bitcoin deserves a market capitalization of much more than $1 trillion. Forget about gold. Even silver is currently having a market cap of $1.45 trillion, which is around 40% higher than that of Bitcoin. So our immediate target should be to overtake silver in terms of market cap.

Bitcoint could have much higher utility than gold too, every day use being one.

The ease of transfer gives it a huge advantage over gold so seeing bitcoin overtake gold in terms of MC wouldn't be overly surprising.

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March 24, 2021, 02:05:05 PM
 #53

bitcoin is getting better development and more and more people who have large capital want to invest in bitcoin they believe bitcoin is very good to be stored in the long term.

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March 24, 2021, 02:11:14 PM
 #54

This year is very true in contrast to what is in 2017. At that time no major institutions or companies came in. Just a few fomo like hardrop and other snapsot. However, this year there is a tesla that is right to make bitcoin as their investment. And recently tesla can be purchased with bitcoin. It's just incredible.

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March 24, 2021, 04:42:29 PM
 #55

This year is very true in contrast to what is in 2017. At that time no major institutions or companies came in. Just a few fomo like hardrop and other snapsot. However, this year there is a tesla that is right to make bitcoin as their investment. And recently tesla can be purchased with bitcoin. It's just incredible.
and of course there will be many and other institutions that will follow in Tesla's footsteps by adopting bitcoin. But there are also some people or groups who hate bitcoin, and there will even be some FUDs deployed to drop bitcoins.

Bitcoin reaching a capitalization of 1 trillion dollars is a milestone and it will continue.
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March 24, 2021, 09:08:24 PM
 #56

The acceptable strategy is to require in to account all the revolving coins in the market. No need  whether cant use since no one possesses the private keys. The prior technique utilized for calculating advertise cap of different values within the stock showcase. A part of the offers are possessed by unskilled individuals  and a few of them are in possession debate. But for calculating the showcase cap, all these offers are included together.

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