Will Bitcoin hit a trillion dollar marketcap in the future?

[mornabo]

According to market analysis, the supply of bitcoin will get decrease by 2020 and due to shortage in supply, it is expected that bitcoin will hit more than a trillion dollar market cap.
That's the reason why traders estimate the price of bitcoin will hit $100k in 2021 and i am sure we will see that day

Yeah that might happen, imagine if the number of bitcoin users is not too big right now, but the marketcap has reached hundreds of billions of dollars, of course if everyone in the world that is very likely to adopt bitcoin, of course marketcap will reach trillions of dollars

[blockman]

Nevertheless, do you think Bitcoin will hit a trillion-dollar marketcap in the future?

Yes, you just mentioned on why its possible to hit higher market cap in the future.

How far do you think this is from becoming a reality? I would like to know your thoughts about this.

I think we're going there nearly year by year. There are good news that are coming but it has been ignored due to the media manipulation but if its about the bad news, they are spreading it quickly. Others will say and won't consider that we're going there but that's the reality, early years people won't even think of it that bitcoin will hit $20,000 but it actually did.

[BlackSociety]

If the market can kill 80% of the altcoin, then Bitcoin can reach the market value of trillions of dollars, because when other altcoins die, bitcoin will become more precious!

[Pursuer]

If the market can kill 80% of the altcoin, then Bitcoin can reach the market value of trillions of dollars, because when other altcoins die, bitcoin will become more precious!

bitcoin market cap which is basically its price rising and nothing more, is not rising because altcoins die and it is not no-rising if they don't die!
altcoins exist in a parallel market that is used for higher risk speculation and profit making and not much else. which means with or without them bitcoin will continue to grow. it can reach $50k-$100k and more prices and altcoins still be the same pump and dumps with more or less the same size.

[sheenshane]

If the market can kill 80% of the altcoin, then Bitcoin can reach the market value of trillions of dollars, because when other altcoins die, bitcoin will become more precious!

bitcoin market cap which is basically its price rising and nothing more, is not rising because altcoins die and it is not no-rising if they don't die!
altcoins exist in a parallel market that is used for higher risk speculation and profit making and not much else. which means with or without them bitcoin will continue to grow. it can reach $50k-$100k and more prices and altcoins still be the same pump and dumps with more or less the same size.

Well, you have a point I like your thought. Bitcoin will remain bitcoin nothing will change even how many altcoins emerging every now and then. And those price movement of altcoins were swinging to the price of Bitcoin, so there is a high chance that crypto will never die and lead by bitcoin that surely it will exist.
And that price trillion dollars marketcap will possible to be reached near in the future. (IMO)

[arpon11]

Bitcoin has been on a constant decline in value ever since 2018 started. Most say it has been a result of government regulations, others say that whales are manipulating the market, and some say that it's the result of FUD within the cryptocurrency markets. However, given that Bitcoin was designed to be scarce or limited in supply, it could become much more valuable in the future.

Nevertheless, do you think Bitcoin will hit a trillion-dollar marketcap in the future? How far do you think this is from becoming a reality? I would like to know your thoughts about this.

Bitcion hitting one trillion dollars in the future is very real and one day this thread will remind  us that we have one day desire to get to that level. The current marketcap of below two hundred dollars will be a thing of the past and we should be able to come out of that very soon.

[Mhd-Bobbi]

Bitcoin has been on a constant decline in value ever since 2018 started. Most say it has been a result of government regulations, others say that whales are manipulating the market, and some say that it's the result of FUD within the cryptocurrency markets. However, given that Bitcoin was designed to be scarce or limited in supply, it could become much more valuable in the future.

Nevertheless, do you think Bitcoin will hit a trillion-dollar marketcap in the future? How far do you think this is from becoming a reality? I would like to know your thoughts about this.

If I rate your post, that can happen. Bitcoin will achieve a market capitalization of one trillion dollars in the future, but can't we know in what year?
I think in 2018 starting from January to August, yesterday decreased, but in September I saw that it was starting to increase, there were still 3 more months to undergo market price movements. I personally still remain patient to do this job.

[BlackPanda]

Bitcoin has been on a constant decline in value ever since 2018 started. Most say it has been a result of government regulations, others say that whales are manipulating the market, and some say that it's the result of FUD within the cryptocurrency markets. However, given that Bitcoin was designed to be scarce or limited in supply, it could become much more valuable in the future.

Nevertheless, do you think Bitcoin will hit a trillion-dollar marketcap in the future? How far do you think this is from becoming a reality? I would like to know your thoughts about this.

As a trusted financial system, Bitcoin currently has a variety of extraordinary attractions, which is why Bitcoin has a very high level of fluctuations and it is greatly influenced by price manipulation by some people or groups that have a large amount of money . Looking at the available data, I feel more suspicious of manipulators because they have a tremendous impact on Bitcoin price movements.

In the future Bitcoin will have tremendous strength in the global financial system. So it is therefore not impossible that Bitcoin will reach a trillion dollar marketcap. We will face the digital era and Bitcoin is the first step towards that.

[Gozie51]

Hitting of trillion dollar is possible but it surely will take a very long time, maybe like 10years time  . Looking at the forex market with all the fiat being traded, we know we are still at trillion. So, it is going to be a big task for bitcoin where cryptos itself is at 237billion plus at the moment.

...because when other altcoins die, bitcoin will become more precious!

Not at all , the demise of shitcoins won't increase the value of bitcoin or decrease it. It can only affect the total market cap of cryptocurrency and not bitcoin.

[YuginKadoya]

Bitcoin has been on a constant decline in value ever since 2018 started. Most say it has been a result of government regulations, others say that whales are manipulating the market, and some say that it's the result of FUD within the cryptocurrency markets. However, given that Bitcoin was designed to be scarce or limited in supply, it could become much more valuable in the future.

Nevertheless, do you think Bitcoin will hit a trillion-dollar marketcap in the future? How far do you think this is from becoming a reality? I would like to know your thoughts about this.

If I rate your post, that can happen. Bitcoin will achieve a market capitalization of one trillion dollars in the future, but can't we know in what year?
I think in 2018 starting from January to August, yesterday decreased, but in September I saw that it was starting to increase, there were still 3 more months to undergo market price movements. I personally still remain patient to do this job.

You sure need to heighten you patients in doing this kind of job and at the movement of the price right now many are having a difficult time thinking when will we see a price increase? But hey it can be around the corner of this year or we can even see a downfall again who knows? But maybe we can see a marketcap of one trillion in the future because I really think we still have a lot more of waiting to do before we can reach the last block to be mine and a lot may still happen regarding the price of bitcoin it will not surely go to nothing but we can see a still increasing market as the years past.

[wuvdoll]

How far do you think this is from becoming a reality? I would like to know your thoughts about this.

I think we're going there nearly year by year. There are good news that are coming but it has been ignored due to the media manipulation but if its about the bad news, they are spreading it quickly. Others will say and won't consider that we're going there but that's the reality, early years people won't even think of it that bitcoin will hit $20,000 but it actually did.

Yeah, we are really getting closer as we keep moving on. One thing for sure now is that we are not where we used to be and in just this short term and even with very little adoption, we still have been able to hit up to a quarter of a trillion dollar market, then I believe it is something we will get to see when more adoption kicks in.

Development keeps coming year in year out and people keep seeing the need to be a part of the space, as this moment keeps going on like that, we will get to see the market soaring higher than before and the likelihood of seeing a bigger market in terms of capitalization.

[BitcoinNewbie15]

If the market can kill 80% of the altcoin, then Bitcoin can reach the market value of trillions of dollars, because when other altcoins die, bitcoin will become more precious!

bitcoin market cap which is basically its price rising and nothing more, is not rising because altcoins die and it is not no-rising if they don't die!
altcoins exist in a parallel market that is used for higher risk speculation and profit making and not much else. which means with or without them bitcoin will continue to grow. it can reach $50k-$100k and more prices and altcoins still be the same pump and dumps with more or less the same size.

I'm not sure about this, I think altcoins dying would help with Bitcoins market cap. Investors will sell their altcoins and allocate their holdings into Bitcoin as a safe haven. A lot of people in the crypto space wouldn't just leave the entire market if their altcoin dies, they would just take their money and put it into the only coin that matters. If BCH where to disappear, a significant % of the money in BCH would come back to Bitcoin and only a small percent would likely leave the market entirely. This is the reason why I believe altcoins dying would help BTC's price and market cap.

[Abiky]

It's going to happen sooner or later. People tend to write this off as some kind of far sighted prophecy, but it really is not. We've seen a market cap that was around 30-40% of that figure already last year, so it's closer than people think.

With a limited supply and growing adoption that we've seen that will continue well into the next decades, bitcoin is bound to be more valuable in the long run. It's simple economics, supply of bitcoin isn't going to get much bigger since it is emitted in a limited manner, while the demand of coins will go up over time as more merchants accept it for payments. That's not to mention the imminent inflation that will debase the value of fiat as well, which would mean that when bitcoin is traded in relation to fiat, its value will rise in the long run, at least theoretically speaking.

Agree. The one thing that would greatly contribute towards the massive price rise within the future, would be the scarcity inherent within Bitcoin's supply. Satoshi designed it in a way that it remains a deflationary cryptocurrency, while at the same time being limitless (as Bitcoin is divisible to 8 units). While at current times, Bitcoin is not even close to reaching a trillion-dollar market cap, it will be in the future as demand grows along with it. People will begin to see Bitcoin as the next successor of Gold, hence they'll start to massively invest into it.

Once Bitcoin reaches a trillion-dollar market cap, then other altcoins would've reached values that were never imagined. They’ll quickly capture Bitcoin's price movement in the market, so if Bitcoin becomes extremely valuable, altcoins will do so too. As fiat currency (like the US Dollar) becomes inflated over time, Bitcoin will become scarcer over time, which means that you'll get more spending power in the future if you just hodl your coins in your wallet.

I'm sure that many early Bitcoin adopters who got in now when prices had been on a downfall, will greatly benefit in the future with the next bull market run. Just my opinion

[fullhdpixel]

According to market analysis, the supply of bitcoin will get decrease by 2020 and due to shortage in supply, it is expected that bitcoin will hit more than a trillion dollar market cap.
That's the reason why traders estimate the price of bitcoin will hit $100k in 2021 and i am sure we will see that day

Yeah that might happen, imagine if the number of bitcoin users is not too big right now, but the marketcap has reached hundreds of billions of dollars, of course if everyone in the world that is very likely to adopt bitcoin, of course marketcap will reach trillions of dollars

I can imagine what it would be like when bigger institutions start stepping in and they are beginning to take the piece of the global cake which is what I believe would be the case in the long run, let alone, when we end up hitting the level of mainstream adoption and the real life usage of bitcoin hits some maximal level than what we have now. The thing is that this market sure have the potentials of hitting a trillion dollar market in coming years and that I am hopeful for.

[Abiky]

I can imagine what it would be like when bigger institutions start stepping in and they are beginning to take the piece of the global cake which is what I believe would be the case in the long run, let alone, when we end up hitting the level of mainstream adoption and the real life usage of bitcoin hits some maximal level than what we have now. The thing is that this market sure have the potentials of hitting a trillion dollar market in coming years and that I am hopeful for.

Agree. This could probably happen in the future, as Bitcoin advances in terms of development and mainstream adoption. Serious businesses and companies would become interested in owning a share of Bitcoin's supply, for long term investments. Once the Lightning Network, and several other improvements come into effect, then expect for Bitcoin's market capitalization to become worth trillions of dollars or more in the future.

Since Bitcoin has been the cryptocurrency which brought blockchain technology to the world, everyone would pay close attention to its development over time. As such, if Bitcoin manages to scale successfully to a large mass, then there would be no need to look any further as it'll become the standard cryptocurrency of the Internet. Therefore, people who get into Bitcoin now while the market is on a bull run, would probably become millionaires in the future when the pioneer cryptocurrency's market cap reaches a new ATH. Just my thoughts

[omonuyak]

Bitcoin has been on a constant decline in value ever since 2018 started. Most say it has been a result of government regulations, others say that whales are manipulating the market, and some say that it's the result of FUD within the cryptocurrency markets. However, given that Bitcoin was designed to be scarce or limited in supply, it could become much more valuable in the future.

Nevertheless, do you think Bitcoin will hit a trillion-dollar marketcap in the future? How far do you think this is from becoming a reality? I would like to know your thoughts about this.

I seriously believe that bitcoin is going to hit 1 trillion dollars one day in market capitalization.  I also believe that we are still at the early stages of cryptocurrencies development. If we keep moving the ways it has been we are going to hit trillions in around 5 to 8years to come.  I know many people that have said good things about cryptocurrencies and those things are going to come to pass one of this days.

[thecodebear]

Of course it will. It will very likely hit a trillion dollar market cap in 2020. In fact I think it is very possible it will hit 2 trillion in 2020 at the height of the next bitcoin boom.

[naidray]

Bitcoin itself and the crypto market are two very different stuff to compare. Bitcoin is about $6-$7k right now and has a marketcap of 120 billion dollars, which means if the price of bitcoin increases about 8 times it will reach 1 trillion dollar in price and that is about $55k or so in price.

This is definitely possible for bitcoin, it is not that unlikely that dollar value will go down with time (inflation) as well and bitcoin always gains value over long periods of time (even tho 2018 was bad, look at what it was last year and now) so I can definitely see bitcoin price reaching about 55-60 thousand dollar levels one day, it may not be tomorrow of course but in a span of 5-10 years it looks like quite achievable price.

However, if we were to talk about the crypto market in general its already over 200 billion dollars and just needs to hit 5 times bigger to reach to a trillion dollars which I believe will be quite easy to achieve, new money keeps pouring in and the value of altcoins can skyrocket much easier than bitcoin.

[niublity]

I believe that with some inferior altcoins dying in a bear market, the price of Bitcoin will be raised again in two years!

[splacque]

I can imagine what it would be like when bigger institutions start stepping in and they are beginning to take the piece of the global cake which is what I believe would be the case in the long run, let alone, when we end up hitting the level of mainstream adoption and the real life usage of bitcoin hits some maximal level than what we have now. The thing is that this market sure have the potentials of hitting a trillion dollar market in coming years and that I am hopeful for.

Agree. This could probably happen in the future, as Bitcoin advances in terms of development and mainstream adoption. Serious businesses and companies would become interested in owning a share of Bitcoin's supply, for long term investments. Once the Lightning Network, and several other improvements come into effect, then expect for Bitcoin's market capitalization to become worth trillions of dollars or more in the future.

Since Bitcoin has been the cryptocurrency which brought blockchain technology to the world, everyone would pay close attention to its development over time. As such, if Bitcoin manages to scale successfully to a large mass, then there would be no need to look any further as it'll become the standard cryptocurrency of the Internet. Therefore, people who get into Bitcoin now while the market is on a bull run, would probably become millionaires in the future when the pioneer cryptocurrency's market cap reaches a new ATH. Just my thoughts

It will be more than trillion dollars in the future, because people are going to put their money in bitcoin as they know the importance and benefits of it. When there is no other currency in the market in the future, there would be no need to price it with dollar or any other currency. It will be new world order. One world and one currency and no other currency will be usable in the whole world.