remotemass (OP)
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April 21, 2019, 12:02:23 PM |
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What is your best guess?
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{ Imagine a sequence of bits generated from the first decimal place of the square roots of whole integers that are irrational numbers. If the decimal falls between 0 and 5, it's considered bit 0, and if it falls between 5 and 10, it's considered bit 1. This sequence from a simple integer count of contiguous irrationals and their logical decimal expansion of the first decimal place is called the 'main irrational stream.' Our goal is to design a physical and optical computing system system that can detect when this stream starts matching a specific pattern of a given size of bits. bitcointalk.org/index.php?topic=166760.0 } Satoshi did use a friend class in C++ and put a comment on the code saying: "This is why people hate C++".
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leonair
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April 21, 2019, 12:45:31 PM |
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What's the 100M market capitalization?
He meant the total market cap. of Bitcoin, based on Coinmarketcap.com as of this moment it's $92,845,762,145 If we base the average blocks per day to 144 with 12.5 Bitcoins per block then that would be 1,800 Bitcoins added to the circulating supply per day so we'll wait more or less 190 days/6months+. With the current trend of Bitcoin reaching 100 million market capitalization within the span of 6 months is more likely to happen.
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Haunebu
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April 21, 2019, 12:55:50 PM |
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Thanks. I assume that should be 100B. If so, the 100B will be the first.
100B? Think before posting. Its 100M(Million). These figures are nothing but numbers and I would be more excited when actual adoption rates grow with time. More and more people continue treating Bitcoin as an asset primarily and currency secondarily which needs to be reversed hopefully in the near future.
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Razick
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April 21, 2019, 01:17:34 PM |
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Man, we reached $100,000,000 (one hundred million) market capitalization many, many years ago by now. Where have you been? Asleep at the wheel? Under a rock? lol now we're talking in the multi-billions... BTC market cap will always be above $100 million... but I think you were referring to 100 biillion ($100,000,000,000), in which case i think we will reach that market cap before reaching 18 million coins.
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Lucius
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April 21, 2019, 01:33:26 PM |
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Some members seem to have issues with numbers, market cap of bitcoin is currently 93,204,061,964 $, and that is billions - and total market cap is 176,558,719,780 $, also billions by data provided on Coinmarketcap. Only 6.8 $ billion is needed for 100 $ billion MC for bitcoin, and although it seems a lot of money, actually is not.
Market capitalization of some coin is calculated in a very simple way. You need circulating supply and price, and for 100 $ billion MC of bitcoin price should be at this moment only around 5700$. In short, to add some 6.8 $ billion to bitcoin market cap, price only need to go up 450$.
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alisafidel58
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April 21, 2019, 01:34:54 PM |
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He meant the total market cap. of Bitcoin, based on Coinmarketcap.com as of this moment it's $92,845,762,145
Judging from this I think we will hit 100B first before we can hit 18M bitcoin in circulation. Mining takes a lot of time before you can mine a block but having to reach 100B for market capitalization is fairly easy since there are lots of traders and exchanges nowadays.
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Mandoy
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April 21, 2019, 01:50:13 PM |
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Looking at the market flow we can infer that we will not hitting a 100 million market capitalization first. In my honest opinion we will hit 18M btc first. But this theory of mine will only be realized if there will be no bullrun in the coming days. But what is most important for me is that we will have a big market capitalization since that means that the value of our bitcoin is going up and we will enjoy good fortune if that happens.
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pawanjain
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April 21, 2019, 01:59:09 PM |
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Word correction: it's 100 B and not million. Well if look out through the charts then the 100 B marketcap is soon to be achieved as the price grows steadily. 18 M BTC supply is yet to take ample amount of time to be achieved as the leonair mentioned. Anyway, the increase in marketcap certainly won't make a huge difference though.
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Bitinity
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April 21, 2019, 06:37:52 PM |
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Thanks. I assume that should be 100B. If so, the 100B will be the first.
100B? Think before posting. Its 100M(Million). These figures are nothing but numbers and I would be more excited when actual adoption rates grow with time. More and more people continue treating Bitcoin as an asset primarily and currency secondarily which needs to be reversed hopefully in the near future. He is right to say that it should be Billion instead of Million for the market capitalization as the current market capitalization is 93+ Billion already. It would be non senses to compare which one will come first if we use million for the market capitalization as 100M for it has been reached long time ago.
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okala
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April 21, 2019, 07:06:31 PM |
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I will go for the 100milion market capitalization any time because bitcoin current market capitalization is 900+ that is jus a stone throw to 1 billion market capitalization I know before the end of the second quarter of the year 2019 that 1 billion market capitalization will be achieved.
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akamit
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April 21, 2019, 07:14:27 PM |
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Thanks. I assume that should be 100B. If so, the 100B will be the first.
100B? Think before posting. Its 100M(Million). These figures are nothing but numbers and I would be more excited when actual adoption rates grow with time. More and more people continue treating Bitcoin as an asset primarily and currency secondarily which needs to be reversed hopefully in the near future. Wendelllee assumed it right, that would be $100B not $100M. The current BTC marketcap is $92,904,632,375 (CMC), that's $92B+ And I think OP should edit the title to avoid future misconceptions.
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fcmatt
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April 21, 2019, 07:15:07 PM |
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Man, we reached $100,000,000 (one hundred million) market capitalization many, many years ago by now. Where have you been? Asleep at the wheel? Under a rock? lol now we're talking in the multi-billions... BTC market cap will always be above $100 million... but I think you were referring to 100 biillion ($100,000,000,000), in which case i think we will reach that market cap before reaching 18 million coins.
yes we reached the 100M$ market cap but actually it just because of the high BTC price before and if you see the bitcoin price chart on CMC, and the highest market cap from bitcoin was 300M which because of the bitcoin price at that moment around 19.5k $
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tuvok007
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April 21, 2019, 07:36:57 PM |
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Lets say that you meant 100 billion mcap ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) That is actually a silly question, we only need 7 more billion to get there and that can happen and day. (Of course it can pass 100 bln and than pull back but relatively soon it will stay way above 100 bln) Theres prehalvening pump soon i guess in may/june and dont be surprised if we go to 200 billion mcap,thats only around 11 000 per btc.Even that is highly possible before 18 milionth btc hits the circulation...
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ralle14
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April 21, 2019, 07:59:37 PM Last edit: April 21, 2019, 09:06:31 PM by ralle14 |
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With the price of Bitcoin staying above the $5,000 range right now i'd say it's more likely we'll see the $100 billion capitalization first over the circulation.
But there's also a chance for the circulation to happen first if Bitcoin doesn't go above $5500 and the price stays well under for several months.
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sunsilk
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April 21, 2019, 10:31:47 PM |
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Okay, OP just had some typo-error so understand it. Bitcoin's total market cap as said is currently on $93-B and OP wants to ask when we shall reach the $100B market cap for bitcoin.
$93.5B now and I think we need few more hundreds increase around $5,600 then we'll hit $100-B total market cap for BTC.
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MakeMoneyBtc
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April 21, 2019, 10:49:04 PM |
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Market cap is based on bitcoin price so it's just as someone would ask if bitcoin will reach a certain price before we reach 18M BTC in circulation. 100B market cap is not as big as it seems since there have been periods when it was a lot bigger such as in 2017 when it passed 300B.
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Ailmand
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April 21, 2019, 11:18:13 PM |
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Market cap is based on bitcoin price so it's just as someone would ask if bitcoin will reach a certain price before we reach 18M BTC in circulation. 100B market cap is not as big as it seems since there have been periods when it was a lot bigger such as in 2017 when it passed 300B.
The Current market cap is almost at 93B$, and it is derived based on the current market price. So, most likely it will occur first. Thanks. I assume that should be 100B. If so, the 100B will be the first.
100B? Think before posting. Its 100M(Million). These figures are nothing but numbers and I would be more excited when actual adoption rates grow with time. More and more people continue treating Bitcoin as an asset primarily and currency secondarily which needs to be reversed hopefully in the near future. Agree, most people are really after numbers, only few are using crypto to utilize it's real use-case as a currency. Most of us see crypto as an investment tool.
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seoincorporation
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April 21, 2019, 11:58:11 PM |
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What is your best guess?
Bitcoin market capitalization already hit more than 100M when btc was at $20k, and now it's really to the goal, so i would say 100M is not a hard goal nowdays, that's why i choose the 100M on this poll ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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lyks15
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April 22, 2019, 01:08:14 AM |
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It is not hard to hit 100M market capitalization. We already see the number of investors and number of merchant who are already invest and it will increasing everyday so I dont have any doubt that bitcoin can be hit more than 100M market capitalization. I choose 100M on this poll because I know it will be happen soon. Because I believe on the power of bitcoin.
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carlisle1
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April 22, 2019, 02:21:18 AM |
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Man, we reached $100,000,000 (one hundred million) market capitalization many, many years ago by now. Where have you been? Asleep at the wheel? Under a rock? lol now we're talking in the multi-billions... BTC market cap will always be above $100 million... but I think you were referring to 100 biillion ($100,000,000,000), in which case i think we will reach that market cap before reaching 18 million coins.
Maybe the man was just mistyped the amount but you are right its 100 billions because the current marketcap of bitcoin is around $90,000,000,000 For me its easy for bitcoin to reach 100 billions capitalization than the 18 million bitcoins in circulating were just below $10 billion shorter so if another whales invested for sure we wil take that It is not hard to hit 100M market capitalization. We already see the number of investors and number of merchant who are already invest and it will increasing everyday so I dont have any doubt that bitcoin can be hit more than 100M market capitalization. I choose 100M on this poll because I know it will be happen soon. Because I believe on the power of bitcoin.
Right and we already hit that cap in the last quarter of 2017 so nothing to wait long and this will be taken,but whats important is of bitcin can hit 200$ billion soon
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