Finally $200 billion total Marketcap is achieved.

[stadus]

I am happy today as finally the total Marketcap is now $200 billion, what can we expect from here?



https://coinmarketcap.com/charts/

[CryptoBry]

I am happy today as finally the total Marketcap is now $200 billion, what can we expect from here?

Finally, the Bitcoin market is beaming with so much energy, excitement and enthusiasm as there is definitely now a continuing upward movement for our favorite coin. Now, I am asking myself the same question: Will this continue on for weeks or will there be the possible retracement? I am sure that there are now many who are thinking of reentering Bitcoin again but are just looking for the right timing or the time when Bitcoin will slow down the pace and dip a little. I am just wishing that along with Bitcoin, leading alts will also go for green.

[bryant.coleman]

One thing I have noticed is the sharp rise in Bitcoin dominance. It has now reached 59.1% and a couple of months ago it was below 50%. Completely different from the scenario we had in 2017, when the dominance was decreasing along with the progress in the bull rally. XRP is the laggard, with the sharpest decrease in the market share. As of now, ETH and BCH are somewhat holding on to their market shares.

[stadus]

One thing I have noticed is the sharp rise in Bitcoin dominance. It has now reached 59.1% and a couple of months ago it was below 50%. Completely different from the scenario we had in 2017, when the dominance was decreasing along with the progress in the bull rally. XRP is the laggard, with the sharpest decrease in the market share. As of now, ETH and BCH are somewhat holding on to their market shares.

That makes altcoins down, but it will not stay that high, once altcoins starts to join the party, bitcoin dominance will drop and that's good for everyone
of us since we are not only investing on Bitcoin but also in altcoins as well.

[darklus123]

This is actually good thing because unlike before more investors have been gaining enough experience and they become much wiser, As we can see there is a good slowly bitcoin uprise of price unlike before in which within just a few months the price skyrocketed.

[Kasabus]

This is actually good thing because unlike before more investors have been gaining enough experience and they become much wiser, As we can see there is a good slowly bitcoin uprise of price unlike before in which within just a few months the price skyrocketed.

Compared before at the same of bitcoin price, the trading volume is only 20% of lower compared to the current trading volume which is $60 billion already.
This is good as more investors are putting their money at this bullish market, so we could go higher from here.

[Yaunfitda]

And bitcoin dominance is almost at 60% as well. So maybe when we did touched $6400 we can now call that the bear market has officially ended. We have more than doubled our last all-time-high and I don't think that we will see that bottom again.

So let's see how far the market can go, I'm seeing $6700-$7400 in the next coming days or weeks.

[xvids]

This is actually good thing because unlike before more investors have been gaining enough experience and they become much wiser, As we can see there is a good slowly bitcoin uprise of price unlike before in which within just a few months the price skyrocketed.

Yes and because of us learning the lesson Bitcoin price is now moving up slowly and making sure that it would stay up.
The market is making sure of it by creating a great wall to support it.

[davis196]

One thing I have noticed is the sharp rise in Bitcoin dominance. It has now reached 59.1% and a couple of months ago it was below 50%. Completely different from the scenario we had in 2017, when the dominance was decreasing along with the progress in the bull rally. XRP is the laggard, with the sharpest decrease in the market share. As of now, ETH and BCH are somewhat holding on to their market shares.

If a really big crypto price bubble occurs,the bitcoin dominance should go under 50%,because all the speculative traders will start mass buying altcoins,due to the bigger profit margins.We are at the begining of a new price bubble.I guess that the BCH guyes (Ver,Wright,etc.) will at some point start spreading FUD and ruining everything by creating some "bitcoin forked coins" drama.

[EmmaLory]

Yeah Now Very Good condition BTC Market, btc doing well i think this months btc price up $8000 Dollar
Everyone Just Wait & See , Btc Bullish start

[btc_angela]

This is actually good thing because unlike before more investors have been gaining enough experience and they become much wiser, As we can see there is a good slowly bitcoin uprise of price unlike before in which within just a few months the price skyrocketed.

Compared before at the same of bitcoin price, the trading volume is only 20% of lower compared to the current trading volume which is $60 billion already.
This is good as more investors are putting their money at this bullish market, so we could go higher from here.

It's either new money is flowing in the market, or some investors are selling their altcoins and with to bitcoin. I'm sure everyone right now is very happy to see the price just exploded in the last 24 hours breaking barriers of $6400-$6500 and billion cap is increasing. Indicative that we are really in the bullish cycle.

[Beerwizzard]

Compared before at the same of bitcoin price, the trading volume is only 20% of lower compared to the current trading volume which is $60 billion already.
This is good as more investors are putting their money at this bullish market, so we could go higher from here.

And that might be even the main thing. Just because Market Cap is a pure fiction. It is just calculated by the price of latest trade price, so if now someone is bought BTC 100$ over the latest price than market cap is increasing for 100$ per every existing coin. So in this case trade volume is showing the real interest from the side of traders instead of baseless MC.

[Fabienne_ayy]

I am happy today as finally the total Marketcap is now $200 billion, what can we expect from here?

https://imgbbb.com/images/2019/05/11/marketcap.png

https://coinmarketcap.com/charts/

Let's get $300 billion of total Marketcap, it's not the time to stop

[edisystem]

The huge increase on bitcoin price is really helping the total marketcap increased to $200 billion total. What next? Well, if there is no bad news about crypto, then it will continue increase.

2019 is still long and we already reached this one, so i will expect more, maybe 2017 scenario will happen in this year, who knows.

[waynechong1995]

Bitcoin is gaining enormous dominance over the past few days, good news for those holding solely bitcoins but not for the rest of alts, when BTC exhausted a little i would bring down other alts as well, and the values will move to BTC again when the rally reforms, we know healthy growth is necessary but seems things are going too quick. Its not like reports of bitcoins usage are overwhelming or have been closely related to other assets

[okala]

I just woke up to see bitcoin price is at $6770 and market capitalization is already $2000 billion which is so exciting and the level of energy bitcoin is pushing into the market with it steady price increase within the couple of day is amazing and we can be bold to say that the bull run is here again.

[Odonko]

I also woke up with this shock of surprise on my face when i reloaded by blockfolio application only to realize that BTC has risen by such a great amount. But it's quite strange that the altcoins are not doing good even in this little rise of BTC. Let's hope we see the normal trend once again, BTC up, alts up too

[SaShiRaJaVu]

I am happy today as finally the total Marketcap is now $200 billion, what can we expect from here?

The market is showing its strength and breaking many barriers on its way and you never know what will happen next, even with the negative news a few days back with the binance hack, there was a momentarily lapse in market movement but then it recovered in a few hours time and the rally continues and broke the resistance and kept on moving higher, even in the worst case scenario i expect the market to stabilize above $5800.

[Genemind]

The market is standing steadily and even soaring better.
It's surprising that it's reaching beyond all our expectations.
The price of bitcoin is changing and booming so fast and
we could see a positive price in the future.
Despite all the controversies that it has been through,
I think we could now say that the long wait is over.

[Ailmand]

If so, then we should have our own preparation for this. I'm sure that most of us have accumulated bitcoin during the bear market. It's just really unexpected that the price could rise that fast. Who knows, we might wake up with a higher price. Better hold and wait for the best profit that we could gain.