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Author Topic: what if the top 6 coins is worth a trillion each by 2020?  (Read 589 times)
cryptojac17
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April 11, 2018, 12:38:29 PM
 #41

If that could happen, I among the happiest man living on the earth, only two year to wait and I could visit many places I really wanted to see.

Hoping that the value of everything are not going to come with the same value of crypto currencies.
No doubt that bitcoin is the top crytpo currency of the world , but i think that in altcoin there will always be a close competition and i do not think that it is so easy to say that which four are the next top currencies, I think that still there are some altcoins which have a very good potential and which price can even cross the said limit. i think we should study the crypto market for choosing a good coin.
Top six coin would reach trillions for  2020?  maybe your raising the bar too much, because of competition among coins another competitors are the government sponsored fiat money these competition would dragged down prices of of cryptocurrency. Or unless we have one coins that would serve as the standard bearer of all cryptocurrency, like bitcoin. That every  ICO’s will be converted.

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April 11, 2018, 12:41:15 PM
 #42

If the top 6 coins are 1 trillion worth each, the total market cap will be 10-15 trillion dollars, which is 20% of the current world market cap.

These numbers alone tells it all, this scenario is totally unlikely to become true. However, the world seems to have no limits to madness, so you cannot really ever be sure.

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April 11, 2018, 12:52:57 PM
 #43

Bitcoin is so volatile that it affects the value of all the altcoins below its umbrella. But I shall always wait for the highest pump it can produce

Volatility doesn't affect the long term price; current price proves that. The thing here is that you assume the market will stay as it is for ever, but that isn't the case. I don't think we're very far away from the point where current exchanges are severely decreased in number, but those that will remain will be heavily regulated and become similar to what stock markets are right now.

Gold's current market cap; $8,200,000,000,000
Bitcoin, assuming 20 million coins have been minted, will need to be worth $410,000 to be on equal ground with Gold in market cap terms.

If even a relatively small portion of the wealthy individuals and professional parties unload a certain part of their Gold portfolio to have it invested in Bitcoin, then we'll hop over the $10 trillion level without much problems, also with inflation in mind. This is just Bitcoin I'm talking about. Imagine that there will be a few altcoins worth a couple of trillion as well, and there you have a wet crypto dream come true.

It may sound crazy to some people right now, but one thing you should never do with this market, is this early on discarding certain scenarios from becoming reality.
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April 11, 2018, 01:07:59 PM
 #44

There are still two years to go, and unless there is very good news, it seems that this good wish is hard to achieve!

Many countries in the world are developing the technology of blockchain, and the future block chain technology will be applied to life!
Faxmate
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April 11, 2018, 08:01:55 PM
 #45

If that could happen, I among the happiest man living on the earth, only two year to wait and I could visit many places I really wanted to see.

Hoping that the value of everything are not going to come with the same value of crypto currencies.
No doubt that bitcoin is the top crytpo currency of the world , but i think that in altcoin there will always be a close competition and i do not think that it is so easy to say that which four are the next top currencies, I think that still there are some altcoins which have a very good potential and which price can even cross the said limit. i think we should study the crypto market for choosing a good coin.
For me bitcoin is not going to lose the value for me bitcoin is the unique currency and it will not be at the end,. Bitcoin is unbeatable currency no currency has that potential to reach the level of bitcoin, gradually price of bitcoin is increasing so we should buy bitcoin only to have use for future making don’t sell it at panic price, bitcoin has the potential to make us trillions within few months but wait to see your profit at the end of this year, I know only bitcoin and for me my all wishes is concerned to bitcoin only.
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April 12, 2018, 08:14:01 AM
 #46

If the top 6 coins were worth that much then a lot of us who have coins now will be very rich by then because prices would just skyrocket with market values like that. Millionaires will be made in the thousands and those of us who are holding now will be very happy campers as we would have more money than we know what to do with.

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April 12, 2018, 08:28:32 AM
 #47

That will be fine and it is our prayers for that to happen. I know a day will come that ripple, ethereum, bitcoin will be above one trillion dallars each and those day is not too far again. We are at the stage of accumulations and very soon we would start to distribute.
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April 12, 2018, 09:47:18 AM
 #48

It could not happen in the year 2020 and it will never be, if we try to sum up, 6 Trillion for the top 6 coin and another 1 trillion for the rest of the coins and that will be 7 trillion approximate and that market cap value is way too high for the year 2020. Even an estimated guess of 1 trillion in year 2020 is too premature to achieve that value. Market correction will last for more than a year and it will slowly recover the year after 2020 but it will not skyrocketed, that is my wild guess and reasonable forecast.
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April 12, 2018, 10:25:39 AM
 #49

Bitcoin is so volatile that it affects the value of all the altcoins below its umbrella. But I shall always wait for the highest pump it can produce

Volatility doesn't affect the long term price; current price proves that. The thing here is that you assume the market will stay as it is for ever, but that isn't the case. I don't think we're very far away from the point where current exchanges are severely decreased in number, but those that will remain will be heavily regulated and become similar to what stock markets are right now.

Gold's current market cap; $8,200,000,000,000
Bitcoin, assuming 20 million coins have been minted, will need to be worth $410,000 to be on equal ground with Gold in market cap terms.

If even a relatively small portion of the wealthy individuals and professional parties unload a certain part of their Gold portfolio to have it invested in Bitcoin, then we'll hop over the $10 trillion level without much problems, also with inflation in mind. This is just Bitcoin I'm talking about. Imagine that there will be a few altcoins worth a couple of trillion as well, and there you have a wet crypto dream come true.

It may sound crazy to some people right now, but one thing you should never do with this market, is this early on discarding certain scenarios from becoming reality.

I agree with some of your thoughts,if things sounds crazy this does not mean that it is not impossible to be realized in the future.Few years ago 1000$ per BTC seemed pretty crazy and price is only around 200-250$ for long time,people who say that price will be 10 000$ in 3 years were mostly exposed to ridicule.

When you say only smart portion of what is invest in gold can make such difference,what percentage you think?If gold have 8.2$ trillion market cap and let's say that 10% is relocated to BTC(820$ billion),we still would not have even 1 trillion $,and how you get 10 trillion $?Even if all gold is sold and all that money is flow in BTC,I doubt BTC market cap can be worth so much.

Besides all that gold is something which people do not give up so easily,it proved through human history that it is undeniable store of value.Bitcoin can be also something like that,in digital way-but it is indisputably more risky then gold in terms of infrastructure/no internet,no Bitcoin.

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nickmax
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April 12, 2018, 10:48:49 AM
 #50

what if the top 6 coins on marketcap is worth 1 trillion each by 2020? where would that put us at? is 10,000$ invested make us a millionaire yet? lets say new york turns into a blockchain city and chicago turns into blockchain city. they start investing we see coins in the trillion. this is where i see the market going. just thinking ahead and the future.

Everything is possible! Very large investors do not enter the crypto-currency market through exchanges, they use funds or private transactions. At this price on the stock exchanges do not change. But soon there will be a deficit of bitcoin, everyone will understand that the end of the issue is near and then it will come to the moon!
nur rochid
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April 14, 2018, 07:45:16 AM
 #51

It could not happen in the year 2020 and it will never be, if we try to sum up, 6 Trillion for the top 6 coin and another 1 trillion for the rest of the coins and that will be 7 trillion approximate and that market cap value is way too high for the year 2020. Even an estimated guess of 1 trillion in year 2020 is too premature to achieve that value. Market correction will last for more than a year and it will slowly recover the year after 2020 but it will not skyrocketed, that is my wild guess and reasonable forecast.
i think too. now it's 2018, for the year 2020 to stay 2 more years, especially now market is declining, and the end of the new year will recover, in the next year i think will be same, so to jump with great value i think need longer time
BillCoin
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April 14, 2018, 08:17:35 AM
 #52

Then it means that bitcoin will be worth about 50K$, which also means that the total cryptocurrency market will almost match the gold market cap.
It's nearly impossible at the current state, we need a massive global adoption in order to get to that point.

After the recent decrease in volumes I think that this year can't be more tougher, and I believe that once the regulators realize that it is impossible to stop bitcoin and they should support it instead, we will stand in a much different point.
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April 14, 2018, 08:27:53 AM
 #53

If the top 6 coins are worth a trillion, then bitcoin will see the least growth, as that's only about 8x its current market cap, whereas EOS which occupies the 6th position will increase from $7B -> $1T, that's around a 140x growth. So if this is your prediction, it is most logical to begin your investment with EOS, as you'll turn $10,000 into around $1.4M

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April 14, 2018, 08:54:12 AM
 #54

That will be great. Better to buy now while the other coins are still affordable to buy. Who knows things are getting better and better in cryptocurrency these days.

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April 14, 2018, 08:58:35 AM
 #55

Better think about this option that your invested this year ten thousand dollars will cost a couple of years one thousand.
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April 14, 2018, 09:19:50 AM
 #56

what if the top 6 coins on marketcap is worth 1 trillion each by 2020? where would that put us at? is 10,000$ invested make us a millionaire yet? lets say new york turns into a blockchain city and chicago turns into blockchain city. they start investing we see coins in the trillion. this is where i see the market going. just thinking ahead and the future.
If that will happen no one can be poor a lot of people who use cryptocurrencies will be millioner and it will be great but sometimes too much is not good it may bring you to be bad person.

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April 14, 2018, 09:39:00 AM
 #57

That would be great for everybody and for sure most of us will regret this time when the coins are too low to buy, but I think trillion is too high to have in year 2020.
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April 14, 2018, 10:53:58 AM
 #58

Dreaming is not bad! Are you sane? What is a trillion? You forget that bitcoin has a limited number of coins. There are not enough dollars for all bitcoins.I'm not talking about other coins that are issued without restrictions. Let's say they print more dollars. But then there will be hyperinflation and the whole economy will collapse and the dollar will turn into wrappers.

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April 14, 2018, 12:00:10 PM
 #59

Yes, many are not sure to reach trillions by 2020 is too short for Bitcoin to pass it, do not talk about 5 coins under Bitcoin, Bitcoin is also the most popular nowadays it is very difficult to raise prices as at the end of 2017. now it has been in a quarter of a year no signs of maturity of the market, until the end of the year may be for me Bitcoin will show fantastic value, will not reach trillions in 2020, early in 2019 also still unimaginable who may be experiencing the same thing as now.

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April 14, 2018, 12:20:14 PM
 #60

That was absolutely great if that will really happen because I'm pretty confident to say that I'll become an instant millionaire (maybe even billionaire) by that time Smiley. Possessing such a huge amount of money, I think I am not only able to sustain my needs for a lifetime (take note, without even working for a job) but also have remaining money to live luxuriously and do whatever I want. Well, I don't have any intentions to destroy your dream but I think what you assumed is so very hard to attain and maybe this means that all of us must switch first to crypto to make it happen.

Anyway, when we assume that each of the current top six coins reach a market cap of trillions (but very ideal) I'm sure that the competence between one of them will become stronger making the crypto world more exciting since the throne of becoming no. 1 is possible for all of them.
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