gurang
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April 25, 2018, 12:01:06 AM |
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How far can Bitcoin go guys? If the the Market Cap currently is $219 000 000 000, can Bitcoin ever be worth $200 000 000 000 with this market cap?
I am just curious, is the Bitcoin (or any coin) price caped by the Market Cap? Or the finite number of fiat money in the world?
Can a coin be worth more than it's market cap or can the value of a coin be equal with it's market cap if it's intensively traded/used?
Its so far if bitcoin share it nation or in the world so that if we want to go far and far the bitcoin we should share it so that we can help them. |
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"The nature of Bitcoin is such that once version 0.1 was released, the
core design was set in stone for the rest of its lifetime." -- Satoshi
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NickromeZo
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April 25, 2018, 12:39:32 AM |
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Oneday, cryptocurrency can replaces a part of traditional money.
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Darker45
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April 25, 2018, 01:13:44 AM |
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How far can Bitcoin go guys? If the the Market Cap currently is $219 000 000 000, can Bitcoin ever be worth $200 000 000 000 with this market cap?
I am just curious, is the Bitcoin (or any coin) price caped by the Market Cap? Or the finite number of fiat money in the world?
Can a coin be worth more than it's market cap or can the value of a coin be equal with it's market cap if it's intensively traded/used?
You are confusing yourself. The value of the market cap of Bitcoin is the overall value of all the circulating supply of Bitcoin. Meaning to say, if you multiply all the circulating supply of Bitcoin and its current price you will come up with the market cap value. This is the same to all coins. The market cap has no limit. It simply moves along with the value of the coin. If the coin's value rises then the market cap will also rise and if the value of the coin goes down it will also go down. It's as simple as that. |
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datmacro
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April 25, 2018, 01:35:05 AM |
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hello, you do not care about market cap because it only shows current price by current BTC supply. The price of a BTC can be twice the current price depending on the purchasing power of the market, or it can be reduced in half in just one day, which is normal.
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fuer44
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April 25, 2018, 01:40:20 AM |
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Do not be fooled by the market cap. It is just a mere multiplication of the current price and the total circulating supply and nothing else. Thus, the market cap is not there to dictate the past, current, nor future price but rather, the market cap is there because there is a price.
Simply saying, there is no limit in Bitcoin's price. The price will continue to increase as long as the demand is constantly increasing.
such is the definition of the effect of bitcoin prices. actually the most influential on the price of bitcoin is supply and demands. let's say the supply of bitcoin is currently limited to 21 million and its circulation on the market has almost reached that limit. but demands on the bitcoin remain high, that's what will make the bitcoin price rise higher, because supply is getting thinning. |
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Sithara007
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Leading Crypto Sports Betting & Casino Platform
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April 25, 2018, 01:57:31 AM |
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Let's compare the market cap of Bitcoin with the total global wealth. As of now, Bitcoin represents around 0.1% of the total global wealth. How far this can go? IMO, we can expect up to 2-3%, if everything goes as per our plans. That would take Bitcoin to the same level as that of gold.
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chrsjrcj
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April 25, 2018, 02:56:08 AM |
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Bitcoin can rise very high!I am sure that as long as people believe it, the price can reach a huge height!
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leavolnhals
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April 25, 2018, 03:07:09 AM |
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Do not be fooled by the market cap. It is just a mere multiplication of the current price and the total circulating supply and nothing else. Thus, the market cap is not there to dictate the past, current, nor future price but rather, the market cap is there because there is a price.
Simply saying, there is no limit in Bitcoin's price. The price will continue to increase as long as the demand is constantly increasing.
Yes, I totally agree with you. These are only general and inaccurate numbers. If the market capitalization to invest in bitcoin is a wrong strategy. The best we should find out about these high value coins is the low price to buy them. Or we can buy altcoin that has a good investment strategy and hold them until its price reaches its true value. |
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NNMT
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April 25, 2018, 03:14:44 AM |
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On the news page, there is much to write about the future of bitcoin, how far will bitcoin go? But they do not predict exactly what the future bitcoin will be, all just conjecture. But at the present time, the bitcoin value is okay. Hopefully next time bitcoin prices will improve.
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Neerunawal
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April 25, 2018, 03:18:08 AM |
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It can reach to great height if proper and efficient txn r made and its info if spread to every citizen. It can attain that platform which can provide employment to million of peoples.
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Ngewex Yuk
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April 25, 2018, 03:20:42 AM |
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I have never doubted the future of bitcoin, it keeps me from buying bitcoin because I'm sure someday the bitcoin price is very expensive, and I'm happy because the price is almost $ 10k but I will not sell, instead I will continue to buy because the price end of year will reach at least $ 100k.
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TIME
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SLEEP
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Bodiul1975
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April 25, 2018, 03:26:54 AM |
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It can not be said exactly how much Bitcoin can go, and if it was correctly told that he would have owned billions of Bitcoin.
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maianh09
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April 25, 2018, 03:28:24 AM |
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How far can Bitcoin go guys? If the the Market Cap currently is $219 000 000 000, can Bitcoin ever be worth $200 000 000 000 with this market cap?
I am just curious, is the Bitcoin (or any coin) price caped by the Market Cap? Or the finite number of fiat money in the world?
Can a coin be worth more than it's market cap or can the value of a coin be equal with it's market cap if it's intensively traded/used?
No Altcoin can be capitalised at the same level as the market cap for Crypto because there is a lot of Altcoin in the Crypto market. Especially Ethereum is an Altcoin that occupies a significant market capitalisation compared to all another Altcoin present. |
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Sinecoin
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April 25, 2018, 03:32:40 AM |
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How far can Bitcoin go guys? If the the Market Cap currently is $219 000 000 000, can Bitcoin ever be worth $200 000 000 000 with this market cap?
I am just curious, is the Bitcoin (or any coin) price caped by the Market Cap? Or the finite number of fiat money in the world?
Can a coin be worth more than it's market cap or can the value of a coin be equal with it's market cap if it's intensively traded/used?
The bitcoin market cap does not dictate the price. But if you are interested in where the price of bitcoin could go, I would say 50k-100k is not out of the question. People never in a million years would have though bitcoin would have reached 1k. But it did and then it hit 10k and then even 20k. These prices would have been considered imaginary just a few years ago so there is no telling how high they can get a few years from now. |
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dbutp
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Streamity Decentralized cryptocurrency exchange
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April 25, 2018, 04:02:29 AM |
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When the bitcoin is created, its price is $ 110, now its price is $ 9000. Even the price of bitcoin increased to $ 18,000. This is a strong development of bitcoin. it is increasingly popular. I believe it will last forever.
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gahsh
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April 25, 2018, 05:03:57 AM |
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of course no one knows the extent to which bitcoin will go, it is very difficult for us to know and predict it, if people expect it bitcoin will go even further so that others will not be able to pursue it, and bitcoin will always be a coin the number one of the other coins.
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zero714309
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April 25, 2018, 05:36:13 AM |
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Technically I don't know because sometimes btc often give you a surprise,I just tried to follow the direction of the game but also be careful not to get trapped,and when the market is not healthy I just want to sit and watch eating popcorn.
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Mazda17
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April 25, 2018, 05:53:16 AM |
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the bitcoin price does not affect the price of the market cap, the bitcoin price increase is influenced by the demand for bitcoin in the market, and the more bitcoin demand the more and the bitcoin price will follow the higher price increase.
Yes it's true what you say, bitcoin will not affect the market price even bitcoin only has its own capacity of market price so how far bitcoin stepping is where bitcoin always exists at a high price because this bitcoin greatly affects the market world and everyone to follow it. |
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Babyrica0226
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April 25, 2018, 06:14:51 AM |
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No one can answer that precisely, just all I know was as long as there is a bitcoin users patronizing it, the existence of bitcoin will continue to progress as time goes by for sure. Aside from that the price value of bitcoin is very unpredictable also.
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SnapDown22
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April 25, 2018, 06:35:39 AM |
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How far can Bitcoin go guys? If the the Market Cap currently is $219 000 000 000, can Bitcoin ever be worth $200 000 000 000 with this market cap?
I am just curious, is the Bitcoin (or any coin) price caped by the Market Cap? Or the finite number of fiat money in the world?
Can a coin be worth more than it's market cap or can the value of a coin be equal with it's market cap if it's intensively traded/used?
no one can reliably analyze the forecast bitcoin the higher the bitcoin value does not affect the real market price value bitcoin can rise in price belief and bitcoin confidence will make its value rise |
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