iv4n
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June 12, 2016, 04:48:06 AM |
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I guess we will need to wait and see what will happen. Couple more halvings and situation will be more clear. If btc price rise enough we can expect much larger market cap.. logical. And bitcoin is going up, that is visible, altcoins follow. So iy reasonable to assume that btc market will grow, and from small rise to big. Its just a question of time.
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MWesterweele
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June 12, 2016, 05:22:02 AM |
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For me even tho bitcoins have bitcoin cap of 21Million bitcoins it is not the same as its price.Its price doesnt have a particular cap and can go up to its highest price every year or lets say every halving.If there where 21million bitcoins and its price is not stable and kts price is rising its market value will be bigger also
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Tanic
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June 12, 2016, 06:00:09 AM |
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In this current moment you are right. But bitcoin market is growing together with price for bitcoin. And as we all know that nowadays bitcoin is rising day by day. I expect it will cross the point of 600 $ per 1 BTC soon. So rising of bitcoin market depends only from the time.
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Cyaren
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June 12, 2016, 06:05:30 AM |
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There are around 15.5 million btc in the world and 1 btc costs 456 USD. So all the bitcoins cost around 7 billion USD. I think that after 21M btc mining will stop (it isn`t very profitable anyway) 7 billion USD is very small and i don`t think that it will increase soon. All those "Will bitcoin be the new world currency" threads are totally stupid. Thats just my opinion...  Certainly bitcoin market cap is very small at the moment, but that means that it's unsustainably small and it'll need to be adjusted sooner or later to a larger capitalization over the market. Also just because something has a small cap doesn't mean it doesn't have potential. |
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hermanhs09
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June 12, 2016, 08:37:35 AM |
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You could definitely say that the bitcoin market is tiny, however you've got to also take into account that it's actually the largest market cap in the cryptocurrency world at the moment by a definitive margin.
Ethereum is coming second but... I don't see why it would ever be first.
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bit1
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June 12, 2016, 07:25:39 PM |
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In this current moment you are right. But bitcoin market is growing together with price for bitcoin. And as we all know that nowadays bitcoin is rising day by day. I expect it will cross the point of 600 $ per 1 BTC soon. So rising of bitcoin market depends only from the time.
I dont understand you, Its price is $645 just now. |
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BitcoinPaw
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June 12, 2016, 10:26:55 PM |
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I don't really know who small is bitcoin market but i am satisfied, people sometimes want more that they need, but who knows maybe somebody want to increase market.
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Cyaren
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June 12, 2016, 11:41:40 PM |
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I guess we will need to wait and see what will happen. Couple more halvings and situation will be more clear. If btc price rise enough we can expect much larger market cap.. logical. And bitcoin is going up, that is visible, altcoins follow. So iy reasonable to assume that btc market will grow, and from small rise to big. Its just a question of time.
Well, the market capitalization as I said doesn't really matter as right now bitcoin is the no. 1 cryptocurrency by volume by a long margin. And it's measured in USD as well, which is highly unstable. But if the price goes really high, then obviously the market cap will increase alongside it. |
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Hatuferu
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June 13, 2016, 03:48:35 AM |
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I guess we will need to wait and see what will happen. Couple more halvings and situation will be more clear. If btc price rise enough we can expect much larger market cap.. logical. And bitcoin is going up, that is visible, altcoins follow. So iy reasonable to assume that btc market will grow, and from small rise to big. Its just a question of time.
Well, the market capitalization as I said doesn't really matter as right now bitcoin is the no. 1 cryptocurrency by volume by a long margin. And it's measured in USD as well, which is highly unstable. But if the price goes really high, then obviously the market cap will increase alongside it. Yeah! that would happen, we cannot really determine how bitcoins will react this year because it seem like we are going again to the moon, the price is acting so crazy that it steadily continue to rise every hour. |
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BTCBinary
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June 14, 2016, 12:27:51 AM |
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I agree. The Bitcoin Market is still pretty small, but it is growing at full steam. This year along it has grown more than many of the other past years and the tendency will be to grow even further.
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Doms
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June 14, 2016, 01:03:02 AM |
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Great things start from small beginnings. That's what I'd like to believe would be bitcoin's path. Although it is not yet recognized by most people, and there are not a lot of regular users, we can see that everyday, bit by bit, there's progress and there's improvement. Couple that with the recent price surge and that draws more attention and more people wanting to have a slice of the bitcoin pie.
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mirakal
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June 14, 2016, 03:30:19 AM |
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Exactly, it is a small market with big people playing with it. We are the early adopters of bitcoins before it will become more popular in the world so let us enjoy the profit of our investments with the current price.
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jaysabi
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June 27, 2016, 08:46:07 PM |
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I guess we will need to wait and see what will happen. Couple more halvings and situation will be more clear. If btc price rise enough we can expect much larger market cap.. logical. And bitcoin is going up, that is visible, altcoins follow. So iy reasonable to assume that btc market will grow, and from small rise to big. Its just a question of time.
"Couple more halvings" is about 12 years out. That's rather an eternity with how quickly things change in the crypto world. I should hope things become clearer far before another couple halvings. |
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mirakal
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June 28, 2016, 02:52:35 AM |
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I guess we will need to wait and see what will happen. Couple more halvings and situation will be more clear. If btc price rise enough we can expect much larger market cap.. logical. And bitcoin is going up, that is visible, altcoins follow. So iy reasonable to assume that btc market will grow, and from small rise to big. Its just a question of time.
"Couple more halvings" is about 12 years out. That's rather an eternity with how quickly things change in the crypto world. I should hope things become clearer far before another couple halvings. One thing is certain, as time pass by we always see an improvement of the market. This is still continue to happen in the future and every halving is a great opportunity for improvement, the price will always tell how strong bitcoins it. |
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groll
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June 28, 2016, 04:42:04 AM |
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There are around 15.5 million btc in the world and 1 btc costs 456 USD. So all the bitcoins cost around 7 billion USD. I think that after 21M btc mining will stop (it isn`t very profitable anyway) 7 billion USD is very small and i don`t think that it will increase soon. All those "Will bitcoin be the new world currency" threads are totally stupid. Thats just my opinion... The solution to save Bitcoins is to promote other altcoins aside from bitcoin. But if bitcoin collapses as you have mentioned, many altcoins like dogecoins can take its place. Litecoin and Dogecoin is much way better than bitcoin since it can be produced in huge volume. So there is no need to worry even if bitcoin collapses since altcoin generation is already ready for that bitcoin downfall. |
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Enotche
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June 28, 2016, 05:02:20 AM |
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Yes, the Bitcoin market is still too small. But this is only the beginning! Remember the beginning of the 90s and the internet. Then, too, no one has seen sense and prerequisites for mass development and spread of the Internet. And what do we have now? So, I think it will be with Bitcoins. The technological process is not in place. The popularization of smartphones with Internet (there are even very cheap smartphones cost a few dollars for poor countries) will provide a chance for people to learn about Bitcoin, about lite and simple payments and make purchases.
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Hatuferu
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June 28, 2016, 05:26:19 AM |
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Yes, the Bitcoin market is still too small. But this is only the beginning! Remember the beginning of the 90s and the internet. Then, too, no one has seen sense and prerequisites for mass development and spread of the Internet. And what do we have now? So, I think it will be with Bitcoins. The technological process is not in place. The popularization of smartphones with Internet (there are even very cheap smartphones cost a few dollars for poor countries) will provide a chance for people to learn about Bitcoin, about lite and simple payments and make purchases.
The explanation is relevant we are still in the early stage and so much development needed to invade the world. However, with the current situation we can say that bitcoin has a good future due to increase of adopters overtime. |
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Woshib
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June 28, 2016, 10:25:11 AM |
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There are around 15.5 million btc in the world and 1 btc costs 456 USD. So all the bitcoins cost around 7 billion USD. I think that after 21M btc mining will stop (it isn`t very profitable anyway) 7 billion USD is very small and i don`t think that it will increase soon. All those "Will bitcoin be the new world currency" threads are totally stupid. Thats just my opinion... But, the price of Bitcoin may increase even more, and increase their value. Do not forget that satoshis can be used if the price goes up a lot. Bitcoin can not be used by a single country, it is an international currency that everyone can use. |
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jaysabi
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June 28, 2016, 03:57:26 PM |
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There are around 15.5 million btc in the world and 1 btc costs 456 USD. So all the bitcoins cost around 7 billion USD. I think that after 21M btc mining will stop (it isn`t very profitable anyway) 7 billion USD is very small and i don`t think that it will increase soon. All those "Will bitcoin be the new world currency" threads are totally stupid. Thats just my opinion... The solution to save Bitcoins is to promote other altcoins aside from bitcoin. But if bitcoin collapses as you have mentioned, many altcoins like dogecoins can take its place. Litecoin and Dogecoin is much way better than bitcoin since it can be produced in huge volume. So there is no need to worry even if bitcoin collapses since altcoin generation is already ready for that bitcoin downfall. How does being produced in huge volume make it better? That's what makes it more worthless. The higher the inflation rate, the less each coin is worth. That's specifically why bitcoin capped the total production at 21 million coins. |
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helloeverybody
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June 28, 2016, 04:06:26 PM |
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I dont expect bitcoin to ever become a world currency but i dont think the miners are going to stop anytime soon, i actually do wonder sometimes if its just me and a few other people that use bitcoin since no one i ever speak to in real life have ever used it but the market cap shows that theres a few quid in it. You may think its low but it wouldnt take much to make that rise massively.
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