Cryptocurrency Market Could Hit $1 Trillion This Year

[Searing]

not even at 1/4 of this OP's guess at this time...and I think it is gonna get worse!

Aug 7th  2017  $3,638.38 usd seems the last year was but a 'dream'  but still better ....not sure what to think....currently $6,335.00 usd btc.

My view is NOW it will bounce below 5K in that even big miners (data halls) can't pow scrypt mine ANY crypto BTC or whatever at these prices and not be at a loss....thus

they have bankers to pay etc. So I expect a big dump of btc and crypto. Or at least what I've been told by a couple of owners of such.

The choice is pay off the debts/banks and any loans with crypto. If it all goes tulips and the folk pull their contracts for miners or you are under water..you at least salvage the building

and shut your stuff off (hopefully for now). I'm talking 200 -500 unit data halls. Hell, I doubt bitmain is even making $$$ at these prices over costs...at least for their stuff in the states.

so, with those folk, in HODL mode, due to revenue and that revenue goes away as folk shut down....again gonna be ugly yet I think.

likely, now at least 3 years away from OP's prediction in my view...or longer.

brad

[1713510225]

1713510225

[laracastvue]

"Cryptocurrency market could hit $1 trillion this year with bitcoin surging to $50,000, experts say"
Hopefully, it will come true!!!

In my own opinion, reaching $1 trillion is not possible but for the price of bitcoins to reach $50k dollars, there is a huge chance for it since there is a good growth for bitcoins in the market.

[usorin]

"Cryptocurrency market could hit $1 trillion this year with bitcoin surging to $50,000, experts say"
Hopefully, it will come true!!!

I try to stay positive but i think Bitcoin will hit only 40 000$ this year, but in the same time, in 2019 it will not fall down under 20 000$, so it will be a stronger and better Bitcoin.

[Searing]

you are correct if BTC survives in the future..



It MAY hit 1 Trillion...but that may be 3 or 4 years down the line (if it survives that is)

In the short term I

myself, I see it as going down more, with miners and data halls (big guys) now feeling the pinch. Sell some coin, keep the building/etc as a hedge, seems to be the game

now. Can't count on income and thus that would keep the banker at bay. But ugly. If BTC and crypto is not FUD'ed to death after all this, again IMHO, no ETF will be allowed with the price dump of from 18,000 usd to

now $6,358 or using these figures a dump of 64% from the bubble..in less than a year. They will use the too volatile argument and pass on all ETF's IMHO, well into 2020. This likely is the reason for the dump in price

people have lost all hope on ETF's.

So that is the choice indeed. Believe in BTC and crypto and ride it out with 1) what you have 2) with what you have and add to the stash 3) bail and sell

But, the lower the price the more the 'powers that be" gov't/regulation and just plain pushback from big money....the more likely we will lose even more ground ..under 5k IMHO.

So thems the breaks/ and bets now, the above 3 choices...crypto poker as it were....1) HODL 2) raise 3) fold.

If an asset SURVIVES it always goes back to its ATH. Say a stock from the 1920's. However, it may only be due to inflation and time..but survival is the key. So yeah, eventually BTC can get to $ 1 Trillion

be it 4 years to 40 years if it survives as a 'store of value' and has legit use etc

As of now though, I'd be shocked it we got to that point in less than 5 years at the current pump and fud of how the process seems to work.

later

brad

[BaraxLo]

To my mind, this is the best news I have ever heard and could expect. I am sure that this will happen in the nearest future and we will see how great it will be, our life will change for the better

Exactly as more and more countries starts accepting Bitcoin, the demand for Bitcoin will rise high with the passage of time. Besides, it is also because Bitcoin has been chosen by the corporate sector for businesses dealing. So the more demand rise, the more will the worth of Bitcoin rise and it is possible for it to hit the $1trillion. Actually this has provided an easy way of earning money for people and that is the only reason it has caught people’s attention.

[TheNotoriouss]

We all could just wait and see what will happen. I've interest in ICO field, willing to participate in Kelvin Blockchain project, this project is flexible and could provide multi-transaction speed, have you heard about this one??

[South Park]

In 2017, the crypto market grew strongly in the fourth quarter, making market capitalization grow rapidly. and many forecasts from market experts, investors will reach $ 1 trillion by 2018. Overcap of apple corporation. but everything from the beginning of the year to now. I find it hard to do that. The market is unstable and bitcoin can hardly reach $ 50k / 1 bitcoin.

Bitcoin can barely maintain its price above 6k, people need to stop dreaming while awake, I know that it is very tempting to think about the price that bitcoin can reach but it is better to wait until that actually happens than to keep dreaming with that especially since there are many people that will get disappointed when what happened in the last year does not happen again in this year.

[Nabilo]

Anything can happen, It's right in theory. But in reality, I don't see any chance for cryptocurrency market to hit $1 trillion this year. I'm worrying that It will back to $100 million at the end of 2018.

If we talk on the basis of the facts and figures, then I don’t think so that this is something which can happen and that there are quite few chances of this thing to happen. The entire crypto market is gaining more fame and popularity and that the demand of different crypto currencies is also increasing but still it will take more years for the crypto market to achieve this milestone.

Do you mean cryptocurrencies like alt coins surpass the bitcoins?
If yes then it impossible. It has been seven years since bitcoin release it is in the top in cryptocurrency list altcoins can never surpass bitcoins they seem dead.
It might happen that bitcoin will touch 50,000$ dollars but its nearly impossible for altcoins to reach 1 trillion

[JPage]

"Cryptocurrency market could hit $1 trillion this year with bitcoin surging to $50,000, experts say"
Hopefully, it will come true!!!

Experts can so many things also they are saying completely opposite and contradicting things, so we can only hope that the case, which would be positive for us will be taking place in the near future.

[Silberman]

"Cryptocurrency market could hit $1 trillion this year with bitcoin surging to $50,000, experts say"
Hopefully, it will come true!!!

People have been saying that for a long time and it has not happened and we have little incentive to believe that is going to be the case, it is better that people like you accept the reality, it is very unlikely we are going to see a price like that and to me that is not wrong since the only thing we need to do is to wait but unfortunately many people in this market only want to get fast profits and nothing more.

[ivankoh]

"Cryptocurrency market could hit $1 trillion this year with bitcoin surging to $50,000, experts say"
Hopefully, it will come true!!!

Experts can so many things also they are saying completely opposite and contradicting things, so we can only hope that the case, which would be positive for us will be taking place in the near future.

I really hope for the strong growth of the cryptocurrency market but I think the recovery is temporary and the downtrend has not ended yet. Need to closely monitor the evolution of the market to make the right decision at this time.

[shulio]

It may happen only if the ETF will approved. Otherwise I do not think the market could get that big.

[Koobtcgal]

Sometimes, people see it as a big deal when we see statements like bitcoin to 50K but I am one person who always believes that bitcoin can even surpass the said price predictions. When bitcoin was less than 1K, who ever thought it could get to 5K? Some of us have hope even if there is no hope.

[sheryl26]

"Cryptocurrency market could hit $1 trillion this year with bitcoin surging to $50,000, experts say"
Hopefully, it will come true!!!

That is a good news I assume because that means that the community of the bitcoins is increasing but the fact that the bitcoins are gonna reached 50k dollars I am doubting that because the ber months are coming but still the bitcoins are still not on the half the price of what we are expecting so I am not hoping for that high goal just surpassing the past highest I am okay with it. Because it takes a lot of time to climb to the top again

[aaeeggoo]

For me yes, its possible because bitcoin is keeping its market cap without any hype or any triggers a natural correction occurs and after this I doubt that bitcoin can rally back climbing its price again to break the all time high and not only bitcoin but other coins are getting big also like  ethereum its market is keep getting big many coins are being introduce to the market.

[BitBustah]

In 2017, the crypto market grew strongly in the fourth quarter, making market capitalization grow rapidly. and many forecasts from market experts, investors will reach $ 1 trillion by 2018. Overcap of apple corporation. but everything from the beginning of the year to now. I find it hard to do that. The market is unstable and bitcoin can hardly reach $ 50k / 1 bitcoin.

Bitcoin can barely maintain its price above 6k, people need to stop dreaming while awake, I know that it is very tempting to think about the price that bitcoin can reach but it is better to wait until that actually happens than to keep dreaming with that especially since there are many people that will get disappointed when what happened in the last year does not happen again in this year.

Too much panic and fud all around.  Bitcoin is still up a very high amount from a year ago.  There is no reason we can't reach new all time highs by the end of this year.  Crypto prices move extremely quick and all it takes is a few buyers with deep pockets to start the next bull run.

[Solidum Capital]

Future is bright for sure! Problem was that cryptomarket grew too quickly too much, but there are signs of technology and adoption catching up with the price.
Here is take of our CEO of digital asset fund SolidumCapital about when and how can we expect next bull run 

Institutional investors leading the future bull run

[TheClownSong]

with current market condition, i think its hard to reach $1 trillion dollar market cap. It will happen i am believe but i think that target will achieve in next 2 years. But if on september ETF approved by regulator, i am believe that target market will reach sooner

[leavefifa]

Cryptocurrency reached $ 1 billion this year is a big question. It is difficult to accurately assess this issue. If this question is asked in January 2018, many people will not hesitate in this matter. But now the majority of investors are concerned about this number. With the current gloomy situation, by the end of 2018 the Cryptocurrency market could not reach the $ 1 billion mark. This is my personal opinion.

[leavefifa]

Sometimes, people see it as a big deal when we see statements like bitcoin to 50K but I am one person who always believes that bitcoin can even surpass the said price predictions. When bitcoin was less than 1K, who ever thought it could get to 5K? Some of us have hope even if there is no hope.

Maybe. When Bitcoin is low in value, many investors have not had confidence in Bitcoin. As Bitcoin added value quickly, it was a good time for Bitcoin because many investors now recognize the strategic role of the future Cryptocurrency market, recognizing the value big of electronic money. And at the same time, many big investors have spent huge amounts of money on Bitcoin. Bitcoin prices have skyrocketed. But the situation is different now. Everything is probably saturated. But we still hope for some mutation. At that time, Bitcoin prices will change again.