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Author Topic: We're reaching $3,000 soon!  (Read 15603 times)
BlackPanda
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June 07, 2017, 10:29:59 PM
 #381

Bitcoin leader of digital currency with outstanding market capitalization.

Agreed with that statement, but at the same time I have to chip in and say that the competition is getting more and more tough these days. Ether has managed to cross the $25 billion market cap. The market capitalization of Ripple now stands at $11 billion. Apart from Bitcoin, there are another 36 different crypto-currencies, which are having a market cap in excess of $100 million.

There is no real competition. If you look at the sort of usage that altcoins enjoy, then it's nearly all speculative. People like to gamble-bet on altcoin pumps, as the rewards are significant in case you happen to open and close positions at the right time. Other than that, stop focusing on market caps -- they mean nothing. Ripple that you think has a market cap of $11 billion, has in reality a market cap of $29 billion....
bitcoin prices can also be influenced by the existing altcoin. Altcoin is not always appropriate and difficult to predict. Is it possible just a seduction from dev or not? only he knows . The most important is the path bitcoin price increases continued to experience positive trends.
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June 07, 2017, 10:48:41 PM
 #382

Ripple that you think has a market cap of $11 billion, has in reality a market cap of $29 billion....
$29 billion based on which source?

It seems he made some typo, I think it is rather $29 million considering the actual coins that is circulating and actively traded.



I also agree that with the bullish trend of bitcoin, there is no doubt that Bitcoin is reaching $3000 soon.  With the upcoming Australia acceptance and several Big companies in Japan that will soon join the Bitcoin blockchain, Bitcoin will definitely increase in value.
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June 07, 2017, 10:59:18 PM
 #383

I am very optimistic $3000 will be achieved before 2017 ends. Bitcoin increasingly in demand by people in the world as an option for investment. Bitcoin leader of digital currency with outstanding market capitalization.
Just yesterday the price of bitcoin was about to reach to $3000 but it then again start to fluctuate to lower and now when it start again to up level then it is sure tat its price will cross $3000 and it will not take much time that we will wait for the end of the year but within a week or two we will see the price at $3000.
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June 07, 2017, 11:14:31 PM
 #384

Ripple that you think has a market cap of $11 billion, has in reality a market cap of $29 billion....
$29 billion based on which source?

It seems he made some typo, I think it is rather $29 million considering the actual coins that is circulating and actively traded.

It's not a typo. It's funny how you guys don't know anything of how market caps are set up, and what value they actually have. If it's really that hard for you to believe that Ripple has a $29 billion market cap, how difficult will it be for you to swallow the fact that MalCoin has a market cap of $35 billion?

Here, see for yourself -- https://coinmarketcap.com/currencies/views/market-cap-by-total-supply/
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