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Author Topic: Will Bitcoin hit a trillion dollar marketcap in the future?  (Read 1255 times)
Abiky (OP)
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November 06, 2018, 07:19:40 PM
 #101

For a market that is growing every day, at this stage, I really would not doubt anything actually. We all know quite alright that no one would have thought that bitcoin is actually going to be in this current market cap pretty soon and we all saw how it moved pretty huge last year, so there is actually nothing that is impossible as far as this market is concerned. For what it is worth, the market is growing and we will get to see more adoption in the long run, coupled with some good level of usage and when we put all these together, it all amounts to one thing, which is growth in value, and as the value increase, and the circulating supply increases, so will the market cap increase as well.

Agree. It's hoped that Bitcoin would continue to increase in mainstream adoption over time, causing a positive uptrend in price. For Bitcoin to hit a Trillion-Dollar market cap, it would need to reach a price of ~$50,000. Considering how fast it rose in price during the last year, Bitcoin could easily reach $50k and above. With the many predictions that have been stated by many experts about Bitcoin, it seems that it will reach far beyond a Trillion-Dollar market cap.

Imagine each Bitcoin being worth $1,000,000 in the future. By then, its market cap will be near the Quadrillion-Dollar valuation meaning that it has reached mainstream adoption at a large scale. During that time, we would be dealing with Satoshis of a Bitcoin, since the price will be too high. However, for all this to happen, it might take a couple of years from now.

Therefore, in the meantime, all we could do is to buy and hold Bitcoin before it reaches a market cap of $1 Trillion and above. Just my thoughts Grin

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November 08, 2018, 06:09:23 AM
 #102

This is even more like asking if it is possible for bitcoin to attain at least as much as $55000 to $60000 in the long run from the current market price, which to me is something that is very realistic as I even believe we will get to achieve more than that in the future and even with huge mass adoption, it will be far more than a trillion dollar market cap.

The great potential is there, we have not even started seeing real life usage to its optimal level alone and with speculation, bitcoin is currently over a 100billion dollar market cap. It is just a little away to achieving trillion which can easily happen even in the next few couple of years.
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November 08, 2018, 07:58:43 AM
 #103

I believe that Bitcoin has chance to reach the trillion dollar level and step over it. In fact, it is not such a big number. It is enough to wait 5 years i think.

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November 09, 2018, 11:17:15 PM
 #104

I believe that Bitcoin has chance to reach the trillion dollar level and step over it. In fact, it is not such a big number. It is enough to wait 5 years i think.

While no one knows for certainty when Bitcoin will reach a Trillion-Dollar market cap, there's no doubt that the cryptocurrency will rise in value over time due to its deflationary design. It's just like Gold, where it's finite, but at the same time, it can be used as a safe-haven asset for the long term. Given how popular Bitcoin has become during the past year, its price rose to unprecedented levels. It should only be a matter of time before the same thing happens again right after the market settles.

No matter how hard governments try to crackdown on Bitcoin and other cryptocurrencies, they wouldn't have success because of the decentralized model of most cryptocurrencies. For that reason, cryptocurrencies will become unstoppable and bigger over time, as people demand them for their daily lives. Once there's a high level of demand, then Bitcoin will reach a Trillion-Dollar market cap, while the rest of the altcoins on the market will rise as well.

Therefore, we may not be far from seeing Bitcoin being worth more than $60k with a Trillion-Dollar market cap. Just my opinion Smiley

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November 10, 2018, 07:04:25 AM
 #105

it might be difficult to happen because the current condition of bitcoin prices for bitcoin demand has started to decrease so you should be careful when you want to buy bitcoin.
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November 10, 2018, 04:15:32 PM
 #106

If it was in the stock market, it would be like that. You can't just buy a share of a crap company for 10$ and make it a 6 trillion market cap company, and I suppose there are some differences between the crypto and the stock market but I’m sure it’s not that different.
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November 10, 2018, 11:15:54 PM
 #107

it might be difficult to happen because the current condition of bitcoin prices for bitcoin demand has started to decrease so you should be careful when you want to buy bitcoin.
as time goes by maybe it could happen because as we know from the beginning of its launch the price movement of bitcoin until now has experienced many developments. it is possible that bitcoin can be very valuable in the future but requires a long time.
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November 10, 2018, 11:58:37 PM
 #108

Yes i believe that is very probable because bitcoin's adaptation rate is increasing almost every month as more and more startups are talking about cryptos and bitcoin. Big companies who already adapted bitcoin can also be a good example for others to follow.

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November 11, 2018, 12:20:10 AM
 #109

I believe that Bitcoin has chance to reach the trillion dollar level and step over it. In fact, it is not such a big number. It is enough to wait 5 years i think.
Many people who still consider cryptocurrency is a threat, fraud or a place that must be avoided by many people. And honestly, people who don't like cryptocurrency are those who have a big influence on those who want to use cryptocurrency, we still have some governments that will fight cryptocurrency. One thing that is unlikely to be achieved by bitcoin is to have a high price if there are still some parties that will continue to make bitcoin undeveloped, and 5 years is too short a time to make them like bitcoin.

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November 11, 2018, 03:20:03 AM
 #110

Yes i believe that is very probable because bitcoin's adaptation rate is increasing almost every month as more and more startups are talking about cryptos and bitcoin. Big companies who already adapted bitcoin can also be a good example for others to follow.

It may not look like bitcoin is getting a traction in the crypto market but then behind the scenes, some companies are slowly getting engage and adopting cryptocurrency because they can see that it would be valuable in the future. It would be better if they would engage when it is not that hot topic because by the time the price gets better then they would be celebrating with us and those that are just buying would have a little profit. A trillion dollar is possible because why not? Bitcoin always surprise us.

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November 11, 2018, 07:33:32 AM
 #111

it seems very hard because bitcoin does not have good news that can trigger to be able to increase the volume as much as it has to have good news and developments, if you just look at it from the influence of supply it can't guarantee.
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November 11, 2018, 07:58:14 AM
 #112

it seems very hard because bitcoin does not have good news that can trigger to be able to increase the volume as much as it has to have good news and developments, if you just look at it from the influence of supply it can't guarantee.
Op is asking about future not now.
No body knew that btc will explode in 2017 and will surpass 10k usd mark.
I hope btc can make trillion usd marketcap.
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November 12, 2018, 05:02:00 PM
 #113

it seems very hard because bitcoin does not have good news that can trigger to be able to increase the volume as much as it has to have good news and developments, if you just look at it from the influence of supply it can't guarantee.

Bitcoin may have stalled in price, but it continues to develop it's second-layer scalability solution (Lightning Network) for the masses. While many people have been panic selling their Bitcoin due to mainstream FUD, the pioneer cryptocurrency's developers have been working hard on making such scalability solution the most secure and reliable one possible for the Bitcoin network. As such, if it becomes widely adopted by businesses, and companies alike, then people would become interested into acquiring and storing Bitcoin for the long term. After all, the Lightning Network provides many benefits that are too hard to ignore such as instant transactions, extremely low fees, and even atomic swaps (to exchange from one crypto to another without using an exchange).

All of this is coming soon, and if successful, then Bitcoin could reach a new ATH without a doubt. In the meantime, we can enjoy Bitcoin's low prices to buy and hodl it for the future. Perhaps, by next year, Bitcoin will surge in price, becoming closer to a Trillion-Dollar market cap than we've ever expected. However, even if it doesn't happen next year, there's always the subsequent year, and the other until Bitcoin reaches the goal of a Trillion-Dollar market cap.

Nonetheless, with many events that will happen in the future such as the halving, and ETF approvals in the US, Bitcoin could reach a Trillion-Dollar market cap and more. All we need to do is to be patient until that happens so that we could profit. Just my opinion Smiley

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November 13, 2018, 09:44:02 AM
 #114

Nothing is impossible, if all people in the world use bitcoin as the most popular money to buy their personal belongings and other things, there is no reason that bitcoin price never hit the top.

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November 20, 2018, 05:46:16 PM
 #115

Nothing is impossible, if all people in the world use bitcoin as the most popular money to buy their personal belongings and other things, there is no reason that bitcoin price never hit the top.

Well, nothing is impossible in crypto land. However, prices have been declining across the whole cryptocurrency market ever since the year started. Now it was become worse, as Bitcoin fell below the $5,000 mark. What's left for us is to wait extensively until the time comes for Bitcoin to reach a Trillion-Dollar market cap. However, many people are impatient and would quickly panic sell their coins due to fear that they'll lose all their investment in the long term.

Despite this, there's a possibility that Bitcoin will reach a Trillion-Dollar market cap in the future. But, in the meantime, you could buy more Bitcoin at discounted prices if you have managed to save a lot of money. If prices head back to their original levels, then you would be able to double or even triple your money. Nonetheless, as popularity grows for Bitcoin over time, prices will increase until the valuation of the pioneer cryptocurrency becomes worth a Trillion Dollars and more (possibly a Quadrillion Dollars). Just my thoughts Grin

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November 20, 2018, 05:58:01 PM
 #116

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. Smiley
As of this moment my answer is totally not,this will never hit in this market movement,sitting at $150 billion we are too far from a trillion bucks dude
Though i am pretty sure that this is not impossible for this great community to expect this to happen,but not today and not for a near future im sure
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November 21, 2018, 05:53:03 PM
 #117

As of this moment my answer is totally not,this will never hit in this market movement,sitting at $150 billion we are too far from a trillion bucks dude
Though i am pretty sure that this is not impossible for this great community to expect this to happen,but not today and not for a near future im sure

That's certainly true, mate. Current movement in price across the whole cryptocurrency market, would delay Bitcoin's growth in market cap. While it's impossible to predict with certainty how cryptocurrencies would behave, there's no doubt that over time, Bitcoin will become valuable due to its deflationary design. The supply is finite, and every 4 years the block reward is cut by half. This would greatly contribute to Bitcoin's price over the long term.

As such, what we're seeing right now, is only temporary. Of course, it could take years before Bitcoin reaches a Trillion-Dollar market cap. However, it's important to keep in mind that Bitcoin has passed through nearly the same thing back in 2013 when the Mt. Gox exchange was gone. Bitcoin prices reached an ATH of $1,000+, but quickly fell below $300 within a short time frame. Just a couple of years later (in 2017), Bitcoin's prices start to rise again, until it reached unprecedented levels of $20k.

Therefore, I believe that the same thing is happening right now with Bitcoin. It's only a matter of time, before we could experience that Trillion-Dollar market cap in Bitcoin. Just my thoughts Grin

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November 22, 2018, 11:47:53 AM
 #118

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. Smiley
As of this moment my answer is totally not,this will never hit in this market movement,sitting at $150 billion we are too far from a trillion bucks dude
Though i am pretty sure that this is not impossible for this great community to expect this to happen,but not today and not for a near future im sure
For getting a billion dollar rocket cap, bitcoin has to be promoted throughout the world. There is big potential in taking this thing up but for that we have to sacrifice so much for bitcoin.
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November 27, 2018, 11:45:31 PM
 #119

For getting a billion dollar rocket cap, bitcoin has to be promoted throughout the world. There is big potential in taking this thing up but for that we have to sacrifice so much for bitcoin.

Exactly. We may need to do our part to help Bitcoin gain mainstream adoption (effectively causing prices to rise, as well as, its market cap). Because if Bitcoin doesn't serve a real purpose in life, other than being a speculative cryptocurrency, then it'll be difficult for it to gain traction. Real usability contributes to higher prices and demand, which is key towards Bitcoin's success in the long term.

We may not see it now, since this bull market has lasted for almost a whole year now, but there's hope that next year will be better. No matter how long it would take for Bitcoin to reach a Trillion-Dollar market cap, it'll be here to stay. A good thing that Bitcoin has is its unique store of value properties. With its deflationary design (by reducing block reward every 4 years), and limited supply, Bitcoin could very well be the next generation of Gold within the future.

Therefore, it's only a matter of time before Bitcoin gets that boost it deserves once people get back into it with the adoption of the Lightning Network. By then, we'll probably see a market cap higher than a Trillion Dollars if all goes well. Just my thoughts Grin

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