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Author Topic: 10 billions USD market cap reached  (Read 1078 times)
RocketSingh (OP)
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June 12, 2016, 11:51:31 AM
 #1

http://coinmarketcap.com/currencies/bitcoin/

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June 12, 2016, 11:57:21 AM
 #2


Yes the market Cap is now USD 10.150 Billion.  What a great day and great moment for bitcoin. Maybe this is the major reason for the massive price increase today.

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June 12, 2016, 12:08:23 PM
 #3

Great news for bitcoin community, what would be the feedback of the government with this?  Grin
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June 12, 2016, 12:10:00 PM
 #4

Great news for bitcoin community, what would be the feedback of the government with this?  Grin

Exactly the same...
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June 12, 2016, 01:02:42 PM
 #5

I think it's not surprising Bitcoin is now on it's all time high with the halving one of the factor is the hyip industry almost 95% of them shifted to bitcoin,I can see that on all my feeds on facebook every one promoting bitcoin hyip ..

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June 12, 2016, 01:05:22 PM
 #6

I'd hate to see it pop like a bubble and fall back to $400 per BTC. Look at the Gox moment.
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June 12, 2016, 01:05:41 PM
 #7

It's not surprising, the Classic movement dead and the looming halving is being priced in. Expected to settle in the 730$ - 790$ range any day now.

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RocketSingh (OP)
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June 12, 2016, 04:34:32 PM
 #8

I'd hate to see it pop like a bubble and fall back to $400 per BTC. Look at the Gox moment.
Gox like Willy bot is possible when there is only one leading exchange. This time China is leading and the bull run is happening across multiple exchanges. Hence, Gox wont repeat for Bitcoin, though this might happen for some Alt coin.

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June 12, 2016, 05:11:58 PM
 #9

It's just a little overwhelming that the market cap jumped up nearly $3billion in a little over one month.
However, I believe it will still continue to go up because of the hype from the halving (or not really because of that). I'm just really hoping for the best here and trying to make a profit :p

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June 12, 2016, 05:15:29 PM
 #10

I'd hate to see it pop like a bubble and fall back to $400 per BTC. Look at the Gox moment.
d
what make you feel like price will again go back to 400$ from this level? I am not seeing any reason for this, i will hold till end of june.

 
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June 12, 2016, 05:29:46 PM
 #11

I'd hate to see it pop like a bubble and fall back to $400 per BTC. Look at the Gox moment.
d
what make you feel like price will again go back to 400$ from this level? I am not seeing any reason for this, i will hold till end of june.
Market will always go for true price discovery. The true price to produce 1 BTC will be dependent on efficiency of mining manufacturers and difficulty adjustment.

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June 12, 2016, 05:34:36 PM
 #12

I'd hate to see it pop like a bubble and fall back to $400 per BTC. Look at the Gox moment.

I hope that by now people have learnt not to keep the money in exchanges. Be your own bank!

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June 12, 2016, 05:50:20 PM
 #13

Even though the bitcoin has reached the $10 billion market cap, I would be even happier if the market cap is all time high.
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June 12, 2016, 10:14:33 PM
 #14

So what? Market cap is 25% lower from what it was 2 years ago, so it's too early to party, yet. Let's wait some more. Maybe we won't have to wait long...

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June 13, 2016, 01:02:28 AM
 #15

so fun to see this, $ 10,506. It's will take a more attention from some country to consider how bitcoin is potentially currency. And they want to support bitcoin and make bitcoin easily to thrive in their country.

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June 13, 2016, 01:04:31 AM
 #16

Great new but this is due to the increased coins on the market.
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June 13, 2016, 01:05:42 AM
 #17

Nice to see that bitcoin is on the right path to growth.

It was just a few years ago when it was 10b but then i wasnt in bitcoin yet, and now all these past 3 years i`ve been here i have seen only bitcoin grow.

It is a positive experience.

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June 13, 2016, 09:12:22 AM
 #18


Yep, the magical 11 digit number has been reached! Go bitcoin! As I've said, the halving is doing a lot good to bitcoin. It's the second halving but it's definitely something special for us.

Next target: 100 billion USD market cap. I predict 2018.
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June 13, 2016, 09:20:29 AM
 #19

Cool...... the market cap is rapidly approaching the $11 billion mark. And there is a strong chance that some of the altcoins can also reach the 1 billion market cap. Oh.. my bad... Ethereum has already crossed the $1 billion mark. Right now, the ETH market capitalization is $1.347 billion. Litecoin is lagging at $253 million.
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June 13, 2016, 01:43:02 PM
 #20

Cool...... the market cap is rapidly approaching the $11 billion mark. And there is a strong chance that some of the altcoins can also reach the 1 billion market cap. Oh.. my bad... Ethereum has already crossed the $1 billion mark. Right now, the ETH market capitalization is $1.347 billion. Litecoin is lagging at $253 million.

The price is $706 in Bitstamp already. It is rising toooo fast. I have a bad feeling it will drop very soon.
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