$1 Trillion Dollar Market Cap

[TTITA]

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

The hardwork will get its pays when the times comes. How these few days market going health and bull trend still going. I never lost trust about new vision technology of this bitcoin. We should be happy now spectators realize this will going to be accepted widely even some other country being skeptic about it.

[reck1ess]

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

Thank you so much! it able me to understand a bit. Other question is, is market cap is fixed or not? if not, is it a good thing if market cap get higher? and if fixed therefore only the supply changes and the price depends on the market cap and supply right?
Sorry to ask you so many questions, but will you give me formulas for this.

[CryptoDemonElite]

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:

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?

That is big sign that we will be reaching a bull market soon. We manage to reach to $20000 with only .3% of the world population, so it obvious with 2% $50000 is a easy goal. Once these ICO regulation, taxes, and these coins usability are in place we will start seeing some interesting heights.

[CryptoDemonElite]

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

Thank you so much! it able me to understand a bit. Other question is, is market cap is fixed or not? if not, is it a good thing if market cap get higher? and if fixed therefore only the supply changes and the price depends on the market cap and supply right?
Sorry to ask you so many questions, but will you give me formulas for this.

The market cap is the dependent variable. It relives on the coin price and circulating supplies to determine its value. So if the owner increase coin supply and the price doesn't change much the market cap value will increase. If the price increase, but the circulating supplies stay the same the market market cap will still increase. Obliviously if both circulating supply and price increase the market cap also increase. The market cap also decrease if either the circulating supply or prices decreases or both.

[crytobjj]

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

I think it is possible and this will be the good indication that bitcoin and utility tokens will boom this 2018.

[Reid]

It is still a prediction and does not mean it will always come true.
Depends on who want to ride with it.
But as of my own opinion it could always be possible. If somehow 100 people is being introduced to bitcoin per day then the value might go crazy in demands. Out of all the people that will come there will be a percentage of it that will buy for their own reasons. Either be invested or for buying another coin. That is still demand.

[CryptoDemonElite]

It is still a prediction and does not mean it will always come true.
Depends on who want to ride with it.
But as of my own opinion it could always be possible. If somehow 100 people is being introduced to bitcoin per day then the value might go crazy in demands. Out of all the people that will come there will be a percentage of it that will buy for their own reasons. Either be invested or for buying another coin. That is still demand.

The only problem I am concern about is that the people who invest in cryptocurrency are only there for a quick proft. These type of people are more harm to crypto then benefits. Price will go up a little and crash straight down to even a lower low.

[EEEian]

Is that cryptos are nearing a marketcap of nearly $1 trillion,and no single coin is anywhere near mass adoption.Of course I want it to reach one trillion dollar market cap but crypto isn't like stock,where the price is influenced by many other factors.

[Cryptomaniac13]

I would be surprised if we don't reach 5 Trillion by the end of the year

[reck1ess]

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

Thank you so much! it able me to understand a bit. Other question is, is market cap is fixed or not? if not, is it a good thing if market cap get higher? and if fixed therefore only the supply changes and the price depends on the market cap and supply right?
Sorry to ask you so many questions, but will you give me formulas for this.

The market cap is the dependent variable. It relives on the coin price and circulating supplies to determine its value. So if the owner increase coin supply and the price doesn't change much the market cap value will increase. If the price increase, but the circulating supplies stay the same the market market cap will still increase. Obliviously if both circulating supply and price increase the market cap also increase. The market cap also decrease if either the circulating supply or prices decreases or both.

Therefore it cannot be defined whether it is a good thing or a bad thing if the market caps increases or decreases. Thanks for this informations. It helps me a lot, although i still need more, I'll just do my research later.

[Alert31]

     Bitcoin is verry unpredictable. All we have is just speculation of what will  be the future of bitcoin. But if ever it will happen to bitcoin to have $1 trillion dollar market cap is really a good news to everyone.

[budi691]

Gossip bitcoin will touch 50.000 usd actually been a lot of discussing at the end of last year. but I would agree that the bitcoin would now touch the 20,000 usd number, although the process is slow. if not, the fixed bitcoin should circulate in the range of 10,000 usd more.

[Derizo]

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

Bitcoin can easily restore it's price this year. And in general the whole cryptocurrency market may increase it's capital this year. Cryptocurrency won't die for sure.

[TorbiK]

I think this year will repeat 2017 and the whole industry will grow by thousands of percent. But will she hold onto such high levels, hardly anyone knows.

[must_have]

I think this year will repeat 2017

I think this year will repeat 2017 twice that! And I hope that government will not try control ICO and crypto. I want earn more even though i junior member)

[hackzang12]

This is a good sign that a Trillion dollar market cap is coming there's no reason to back out in this kind of field. Technology is emerging we should embrace it. Goodbye to the world of stone era.

[An0nyMoose]

1 trillion really isn't that much anymore globally, thanks to inflation. Dollar is losing value every year.  I don't know when it will be exactly, but it won't take longer than 8 years. I think before or after the next halvening is likely, or maybe the one after that.

[richardsNY]

1 trillion really isn't that much anymore globally, thanks to inflation. Dollar is losing value every year.

It's indeed not much if we look at how much money there is in circulation globally, but the good thing is that crypto in general grows faaaar beyond the rate the dollar is losing value, so it's not even a big deal anyway. I am confident that Bitcoin will be able to catch up to at least 50% of gold's current market cap within 10 years. It means that Bitcoin's market cap should surpass $4 trillion dollars within given time frame. I wouldn't even be surprised if major gold holders will convert a certain fraction of their holdings to Bitcoin at some point in the future. Imagine how that must feel -- Bitcoin easily catching up on an asset that has been used as such for thousands of years....

[dedelp01]

That's a lot to imagine. There are investors that are into BTC but some are investing on other crypto. If its just BTC that investors will invest maybe it will happen, or lots of new major investor would join the crypto world. BTC is like a wheel right now, It goes up it goes down. We don't know what might happen to the cryptocurrency is this passing days.

[squatz1]

No one is able to predict the price in Bitcoin, it's impossible. I've seen people come on the news saying that they're the expert and by their calulations we're going to go to (some absurd number) or (zero) by years end. People have to be smart enough to know that no one knows what the fuck is going on and these people are shilling or FUDing Bitcoin.  The market is going to do what the market does and the price will simply flop around, nothing we can do about that.

I know that people love to see the reassurance of experts, but these people are a nuisance and a drain on us.