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Author Topic: $1 Trillion Dollar Market Cap  (Read 417 times)
CryptoDemonElite (OP)
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February 07, 2018, 01:25:03 PM
Merited by peter0425 (1)
 #1

I read an article and found this to be motivating for those who is investing in bitcoin. I not a big fan of CNBC, but they do have some bullish news about bitcoin. Jamie Burke, CEO at Outlier Ventures believes bitcoin can reach $50,000 this year. Once the lightening network is interested, it over. So you guys better start stacking and HODL. You should also get some ethereum because it a utility token and actually have a use, that is definitely going to boom. February will be the only time for these price.

Source:
https://www.cnbc.com/2018/02/07/bitcoin-price-could-hit-50000-this-year-experts-say.html
derdgzmn30
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February 07, 2018, 01:34:38 PM
 #2

I read an article and found this to be motivating for those who is investing in bitcoin. I not a big fan of CNBC, but they do have some bullish news about bitcoin. Jamie Burke, CEO at Outlier Ventures believes bitcoin can reach $50,000 this year. Once the lightening network is interested, it over. So you guys better start stacking and HODL. You should also get some ethereum because it a utility token and actually have a use, that is definitely going to boom. February will be the only time for these price.

Source:
https://www.cnbc.com/2018/02/07/bitcoin-price-could-hit-50000-this-year-experts-say.html

If that would happen it is a good news to every body but if they don't have any proof that it might happen maybe I don't believe or maybe I only hope it might gonna happen. Remember cryptocurrency is unpredictable. I think investing a huge amount to buy cryptocurrency is not a good idea. Maybe buy only small amount, just my opinion.

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CryptoDemonElite (OP)
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February 07, 2018, 03:04:56 PM
 #3

I read an article and found this to be motivating for those who is investing in bitcoin. I not a big fan of CNBC, but they do have some bullish news about bitcoin. Jamie Burke, CEO at Outlier Ventures believes bitcoin can reach $50,000 this year. Once the lightening network is interested, it over. So you guys better start stacking and HODL. You should also get some ethereum because it a utility token and actually have a use, that is definitely going to boom. February will be the only time for these price.

Source:
https://www.cnbc.com/2018/02/07/bitcoin-price-could-hit-50000-this-year-experts-say.html

If that would happen it is a good news to every body but if they don't have any proof that it might happen maybe I don't believe or maybe I only hope it might gonna happen. Remember cryptocurrency is unpredictable. I think investing a huge amount to buy cryptocurrency is not a good idea. Maybe buy only small amount, just my opinion.

I usually just buy the dips or do some dollar cost averaging. It have been doing me well. Well compare to last year result, it much better. I can still seeing bitcoin reach pass $20000 at least.
Turkish88
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February 07, 2018, 03:10:21 PM
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We don't how market will go now, but hitting price 20k usd quite possibly. Bitcoin always recover their old price, with todays popularity it will be soon

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February 07, 2018, 03:17:15 PM
 #5

Wow you speak something that can attract anyone into crypto. But I’m not sure if the prices are really going to hit the hall mark of 50K this year or whether it is going to be this month. Also, bitcoin is anyway good currency but this year I’m going to focus more on the ETH because I belive that this utility coin will be used more and more as compared to the BTC. This can get us huge profits and it could be higher than the ETH itself. Other than this such crypto news on big news channels will really help us to spread the crypto currency.
CryptoDemonElite (OP)
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February 07, 2018, 03:22:18 PM
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Wow you speak something that can attract anyone into crypto. But I’m not sure if the prices are really going to hit the hall mark of 50K this year or whether it is going to be this month. Also, bitcoin is anyway good currency but this year I’m going to focus more on the ETH because I belive that this utility coin will be used more and more as compared to the BTC. This can get us huge profits and it could be higher than the ETH itself. Other than this such crypto news on big news channels will really help us to spread the crypto currency.
That how I look at it. We need more bigger networks to speak of bitcoin in order for bitcoin to grow. The only problem is that people are probaly afraid to get back because of the $20000 to $6000 drop. Then you have the bitconnect scam and all this FUD passing around. I am quite bullish ethereum. What do you think ethereum price will be by the end of the year?
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February 07, 2018, 03:27:14 PM
 #7

$1 trillion dollar market cap isn't anything special to be honest. If we look at the total market value of developed assets, $1 trillion for crypto is still nothing more than a joke. This directly indicates how much potential this entire market has, and with a better overall regulated market allowing professional parties to get involved, we might even make the once so 'invincible' considered Gold look like crypto's little brother. It will then be interesting to see how governments will respond to that, taking into consideration that they are major Gold holders. I haven't cashed anything out to my bank account in ages now, and will definitely not do so in the forthcoming years. I like how my wealth in Bitcoin keeps growing, while people's fiat wealth is losing purchasing power with the day.  Wink
cryptorTUX
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February 07, 2018, 03:29:08 PM
 #8

I read an article and found this to be motivating for those who is investing in bitcoin. I not a big fan of CNBC, but they do have some bullish news about bitcoin. Jamie Burke, CEO at Outlier Ventures believes bitcoin can reach $50,000 this year. Once the lightening network is interested, it over. So you guys better start stacking and HODL. You should also get some ethereum because it a utility token and actually have a use, that is definitely going to boom. February will be the only time for these price.

Source:
https://www.cnbc.com/2018/02/07/bitcoin-price-could-hit-50000-this-year-experts-say.html

Ethereum is not the only platform that provides smart contracts and dApps it is just one of the most pop. Others include neo, waves, list etc.

1trillion sounds real if not more.
CryptoDemonElite (OP)
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February 07, 2018, 03:30:02 PM
 #9

We don't how market will go now, but hitting price 20k usd quite possibly. Bitcoin always recover their old price, with todays popularity it will be soon

Yeah I pretty sure once bitcoin hit $20000, it going to fly the same way it did when it hit $3000 and $5000. $20000 is consider the new big milestone. We just need to survive these regulation. It going to be a tough year and only the strongest will survive.
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February 07, 2018, 03:30:44 PM
 #10

I read an article and found this to be motivating for those who is investing in bitcoin. I not a big fan of CNBC, but they do have some bullish news about bitcoin. Jamie Burke, CEO at Outlier Ventures believes bitcoin can reach $50,000 this year. Once the lightening network is interested, it over. So you guys better start stacking and HODL. You should also get some ethereum because it a utility token and actually have a use, that is definitely going to boom. February will be the only time for these price.

Source:
https://www.c[Suspicious link removed]m/2018/02/07/bitcoin-price-could-hit-50000-this-year-experts-say.html

HOLD, HOLD and HOLD  Grin Bitcoin wil be 100K USD in the end of year  Grin
BluRPie
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February 07, 2018, 03:33:31 PM
 #11

Bitcoin's price could make great rally in any of few days of this year. You can wake up in the morning and price will be  $ 50,000.
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February 07, 2018, 03:35:36 PM
 #12

I read an article and found this to be motivating for those who is investing in bitcoin. I not a big fan of CNBC, but they do have some bullish news about bitcoin. Jamie Burke, CEO at Outlier Ventures believes bitcoin can reach $50,000 this year. Once the lightening network is interested, it over. So you guys better start stacking and HODL. You should also get some ethereum because it a utility token and actually have a use, that is definitely going to boom. February will be the only time for these price.

Source:
https://www.cnbc.com/2018/02/07/bitcoin-price-could-hit-50000-this-year-experts-say.html
Will anyone explain me about market caps and anything that can be base related to it? I'm still really not familiar on these things, would appreciate if someone can share their knowledge about it.

13abyknight
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February 07, 2018, 03:40:26 PM
 #13

With so many new projects crowding the altcoin marketplace and a few of them hitting big numbers on their crowdsale, the overall market cap never stops growing. With Bitcoin already on the recovery road from the latest slump and all altcoins following it, the total market cap is expected to keep growing with increasing prices and eventually reaching one trillion dollars. The only question now is how soon this can happen given that bullish period has just begun.
CryptoDemonElite (OP)
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February 07, 2018, 03:41:31 PM
 #14

$1 trillion dollar market cap isn't anything special to be honest. If we look at the total market value of developed assets, $1 trillion for crypto is still nothing more than a joke. This directly indicates how much potential this entire market has, and with a better overall regulated market allowing professional parties to get involved, we might even make the once so 'invincible' considered Gold look like crypto's little brother. It will then be interesting to see how governments will respond to that, taking into consideration that they are major Gold holders. I haven't cashed anything out to my bank account in ages now, and will definitely not do so in the forthcoming years. I like how my wealth in Bitcoin keeps growing, while people's fiat wealth is losing purchasing power with the day.  Wink

Man, I want to be like you some day. I would love to sit down and see my wealth grow like that. If gold become bitcoin I will found that to be hilarious. I known it very possible. It will be interesting to see how the government will react to this. Every champion have to lose eventually.
CryptoDemonElite (OP)
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February 07, 2018, 03:56:10 PM
Merited by reck1ess (1)
 #15

I read an article and found this to be motivating for those who is investing in bitcoin. I not a big fan of CNBC, but they do have some bullish news about bitcoin. Jamie Burke, CEO at Outlier Ventures believes bitcoin can reach $50,000 this year. Once the lightening network is interested, it over. So you guys better start stacking and HODL. You should also get some ethereum because it a utility token and actually have a use, that is definitely going to boom. February will be the only time for these price.

Source:
https://www.cnbc.com/2018/02/07/bitcoin-price-could-hit-50000-this-year-experts-say.html
Will anyone explain me about market caps and anything that can be base related to it? I'm still really not familiar on these things, would appreciate if someone can share their knowledge about it.

The market cap of one coin is the total amount of circulating coins time the price of coins. For example, the market cap of bitcoin is $137,016,134,746 and it total circulating supply is 16,851,412. Each bitcoin is worth $8,130.84. Now if you multiple the the circulating supply which is16,851,412 and it current price, which is $8,130.84 you will get $137,016,134,746, which the market cap of that one coin. Now for the total market cap will be the sum of all the market cap of each coin. For example, ethereum market cap plus bitcoin market cap plus litecoin market cap, etc. I hope I help. Let me know if I did.

Here the sources if you need to learn more:


https://www.investopedia.com/terms/m/marketcapitalization.asp
https://en.wikipedia.org/wiki/Market_capitalization
MoonHodler
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February 07, 2018, 03:58:27 PM
 #16

it's just assumptions, it's good to look out for new announcements from big companies or officials, but future values are unknown.

Enjoy your life, one day at a time. Bitcoin Address: 1HrWs3tDzWr13zocV3qP9ENRLgiDuewtsu
koryu
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February 07, 2018, 04:01:28 PM
 #17

I read an article and found this to be motivating for those who is investing in bitcoin. I not a big fan of CNBC, but they do have some bullish news about bitcoin. Jamie Burke, CEO at Outlier Ventures believes bitcoin can reach $50,000 this year. Once the lightening network is interested, it over. So you guys better start stacking and HODL. You should also get some ethereum because it a utility token and actually have a use, that is definitely going to boom. February will be the only time for these price.

Source:
https://www.cnbc.com/2018/02/07/bitcoin-price-could-hit-50000-this-year-experts-say.html

If we reach 50k that will help us break the 1 trillion market cap, cant wait for that to happen. That will be a huge milestone.
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February 07, 2018, 04:04:57 PM
 #18

I read an article and found this to be motivating for those who is investing in bitcoin. I not a big fan of CNBC, but they do have some bullish news about bitcoin. Jamie Burke, CEO at Outlier Ventures believes bitcoin can reach $50,000 this year. Once the lightening network is interested, it over. So you guys better start stacking and HODL. You should also get some ethereum because it a utility token and actually have a use, that is definitely going to boom. February will be the only time for these price.

Source:
https://www.cnbc.com/2018/02/07/bitcoin-price-could-hit-50000-this-year-experts-say.html

It's funny that for the second time in the last 24 hours I see this $50,000 prediction for 2018. For the first time I saw it yesterday in the Business Insider:

Quote
Anthony Pompliano, a former product manager at Facebook, is managing partner at Full Tilt Capital, a North Carolina-based early stage investment firm that is putting all of its next $25 million fund into cryptocurrency startups.

Pompliano said that while his firm focuses on investments such as cryptocurrency infrastructure and technology instead of the more volatile digital coins, he sees bitcoin's crash as a natural part of the market cycle. He stands by his prediction that bitcoin will reach $50,000 in 2018.

Actually this is not far from the truth in my opinion, because Bitcoin showed the ability to reach $20k in December 2017 and that was when according to different researches only from 0.05% to 0.3% of the world population were using Bitcoin. Of course we should understand that 100% of people in the world will never be using Bitcoin or any other crypto because there are kids among them and a certain part of people who never use any kind of money. But it's obvious that that number can be ten times higher in the nearest future. I mean, what are the reasons to think that it's impossible for around 3% of people to start using Bitcoin in the nearest future?

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February 07, 2018, 04:06:29 PM
 #19

Now market started bullish trend also already the big sale gone now is the time for normal offer . I have invested in some good potential coins yesterday but dint have enough dare to invest more now am regretting .

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February 07, 2018, 04:16:44 PM
 #20

If bitcoin goes up that high then its a good news for every bitcoin user. It would lead to more number of investments.
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