So we hit $100 billion cryptocurrency market cap the past few days. How long do you think it will take to reach $200 billion? 6 months? a year? longer?
And how long do you think it will take the two main cryptos, bitcoin and ethereum to hit $100 billion market cap each?
Personally I think we'll see the $200 billion mark passed right around the end of this year, with Bitcoin and Ethereum both passing $100 billion by March 2018. Ethereum I think will catch up to Bitcoin right around the $100 billion mark.
I think we should get there by early 2018. If we do get there, Bitcoin has to provide the boost. I don't think the journey to $200 Bn will be driven by alts. If the scaling debate gets resolved, the overall market cap should get close to $200 Bn.