Qcrypto (OP)
Member
Offline
Activity: 339
Merit: 15
|
|
February 17, 2020, 10:32:57 PM Last edit: February 18, 2020, 12:17:21 AM by Qcrypto |
|
...total Cryptocurrency market capitalization will be at least $2 Trillion. Many analysts and traders suggest that $100 000 is not a question of IF, it's a question of WHEN.
This means the cryptocurrency market will join the Trillion Dollar club and that is not a small thing.
Stock Market cap: $78 Trillion Bond market cap: over $100 trillion Real Estate market cap: $33.3 trillion Commodities Market cap: $20 trillion Forex Market cap: $5.1 trillion
This will very likely propel Cryptocurrency to wider adoption. World will get another Trading Asset along with Stocks, Bonds, Real Estate, Forex, Commodities and such.
|
|
|
|
dothebeats
Legendary
Offline
Activity: 3766
Merit: 1354
|
|
February 17, 2020, 10:56:51 PM |
|
It was always a question of when as we already know how bitcoin achieved what was deemed as impossible a few years back. Bitcoin can certainly perform way beyond expectations and people are now realizing that it could bring them potential riches, or even just use it as a hedge against inflation and the worsening economy in their respective countries.
Though I like to differ that increase in value does not equate to wider adoption. It needs more than that tbh, and if people can't afford to get bitcoin, how would they be using it in the first place?
|
|
|
|
conhela
Jr. Member
Offline
Activity: 41
Merit: 4
|
|
February 17, 2020, 11:20:43 PM |
|
...total Cryptocurrency market capitalization will be at least $2 Trillion. Many analysts and traders suggest that $100 000 is not a question of IF, it's a question of WHEN.
This means the cryptocurrency market will join the Trillion Dollar club and that is not a small thing.
Stock Market cap: $78 Trillion Bond market cap: over $100 trillion Real Estate market cap: $33.3 trillion Commodities Market cap: $20 trillion Forex Market cap: $5.1 trillion
This will very likely propel Cryptocurrency to wider adoption. World will get another Trading Asset along with Stocks, Bonds, Real Estate, Forex, Commodities and such.
You're dam right new investors would jump in! Once we get closer to new ATH the public eyes will jump right back into bitcoin, hopefully bitcoin's blockchain is better prepared for the stress it's going to receive from the newer investors
|
|
|
|
gentlemand
Legendary
Offline
Activity: 2590
Merit: 3014
Welt Am Draht
|
|
February 18, 2020, 01:10:43 AM |
|
If it ever gets there I'll be very interested to see how it compares in market depth versus those markets nominated. My feeling is that it'll still be pitiful.
It could reach $100,000 in a few hours tomorrow. All it needs is a lack of sellers and a surfeit of buyers. Even if flashy figures like that are reached they don't mean all much until the markets are much deeper, broader and more accessible.
|
|
|
|
valuater
|
|
February 18, 2020, 03:46:42 AM |
|
...total Cryptocurrency market capitalization will be at least $2 Trillion. Many analysts and traders suggest that $100 000 is not a question of IF, it's a question of WHEN.
This means the cryptocurrency market will join the Trillion Dollar club and that is not a small thing.
Stock Market cap: $78 Trillion Bond market cap: over $100 trillion Real Estate market cap: $33.3 trillion Commodities Market cap: $20 trillion Forex Market cap: $5.1 trillion
This will very likely propel Cryptocurrency to wider adoption. World will get another Trading Asset along with Stocks, Bonds, Real Estate, Forex, Commodities and such.
You're dam right new investors would jump in! Once we get closer to new ATH the public eyes will jump right back into bitcoin, hopefully bitcoin's blockchain is better prepared for the stress it's going to receive from the newer investors New investors will definitely be a breath of fresh air for bitcoin sustainability, but to reach $ 100,000 I think it is still too early to be obtained because it takes a long process, the main thing is that bitcoin can be accepted in every country and countries start using bitcoin as an alternative transaction tool, maybe this can cause bitcoin will reach that price, But the next question is when the price is really at the price of $ 100,000 what is the next target?
|
|
|
|
pooya87
Legendary
Offline
Activity: 3598
Merit: 10944
Crypto Swap Exchange
|
|
February 18, 2020, 04:53:41 AM |
|
...total Cryptocurrency market capitalization will be at least $2 Trillion.
it is not "total Cryptocurrency market cap" it is only "bitcoin market cap" that would be a little less than $2 trillion (~19 mil supply * $100k price). the "total Cryptocurrency market cap" is going to be a meaningless number that may be in the range of thousands of trillion since there is a huge number of shitcoins each with enormous supplies.
|
|
|
|
lizarder
|
|
February 18, 2020, 05:22:22 AM |
|
...total Cryptocurrency market capitalization will be at least $2 Trillion. Many analysts and traders suggest that $100 000 is not a question of IF, it's a question of WHEN.
This means the cryptocurrency market will join the Trillion Dollar club and that is not a small thing.
Stock Market cap: $78 Trillion Bond market cap: over $100 trillion Real Estate market cap: $33.3 trillion Commodities Market cap: $20 trillion Forex Market cap: $5.1 trillion
This will very likely propel Cryptocurrency to wider adoption. World will get another Trading Asset along with Stocks, Bonds, Real Estate, Forex, Commodities and such.
You're dam right new investors would jump in! Once we get closer to new ATH the public eyes will jump right back into bitcoin, hopefully bitcoin's blockchain is better prepared for the stress it's going to receive from the newer investors New investors will definitely be a breath of fresh air for bitcoin sustainability, but to reach $ 100,000 I think it is still too early to be obtained because it takes a long process, the main thing is that bitcoin can be accepted in every country and countries start using bitcoin as an alternative transaction tool, maybe this can cause bitcoin will reach that price, But the next question is when the price is really at the price of $ 100,000 what is the next target? I think to be able to reach $ 100,000 many limits need to be broken if we look at it from technical analysis because as long as bitcoin grows almost in the area of $ 20,000 and many say that in April $ 17,000 could be broken, I feel the next footing when we discuss the nominal issue of $ 100,000 for This bitcoin needs a lot of consideration, at least we have to look at in terms of a nominal $ 20000 whether it can be penetrated again or again reject, then we move on to the area of $ 3000, $ 50000 and so on until $ 100,000 can really be achieved.
|
|
|
|
davis196
|
|
February 18, 2020, 06:21:37 AM |
|
...total Cryptocurrency market capitalization will be at least $2 Trillion. Many analysts and traders suggest that $100 000 is not a question of IF, it's a question of WHEN.
This means the cryptocurrency market will join the Trillion Dollar club and that is not a small thing.
Stock Market cap: $78 Trillion Bond market cap: over $100 trillion Real Estate market cap: $33.3 trillion Commodities Market cap: $20 trillion Forex Market cap: $5.1 trillion
This will very likely propel Cryptocurrency to wider adoption. World will get another Trading Asset along with Stocks, Bonds, Real Estate, Forex, Commodities and such.
Yeah,the global market cap might reach 2 trillion USD.And SO WHAT?Why do we have to care about market caps?Do you realize how difficult it will be for Bitcoin to reach 100K USD? 1.Every time there's a bitcoin pump,many traders sell BTC and buy altcoins,waiting for bigger profits.This pushed the bitcoin price down. 2.Every time there's a bitcoin price pump,the mainstream media "FUD army" starts the same old FUD propaganda campaign that scares away the noobs,who might buy BTC for the first time. 3.If there's a big bitcoin price pump all the governments,central banks,SEC,etc. will start shitting over bitcoin. 4.Probably 3/4 of all bitcoin users HODL their BTC.If there's a big price pump,they will simply start selling their BTC,thus the price will go down.
|
|
|
|
Xxmodded
Sr. Member
Offline
Activity: 2296
Merit: 315
SOL.BIOKRIPT.COM
|
|
February 18, 2020, 06:28:41 AM |
|
total Cryptocurrency market capitalization will be at least $2 Trillion. Many analysts and traders suggest that $100 000 is not a question of IF, it's a question of WHEN.
Market capacity is used to calculate the total value of an asset or business which is usually calculated by multiplying the market price and by the total number of coins in circulation, so to reach $ 100,000 I think bitcoin requires more adoption and regulation, so if bitcoin can increase users in the real world then we will soon see a bitcoin price of that size will be realized.
|
|
|
|
hatshepsut93
Legendary
Offline
Activity: 3038
Merit: 2160
|
|
February 18, 2020, 06:39:17 AM |
|
If it ever gets there I'll be very interested to see how it compares in market depth versus those markets nominated. My feeling is that it'll still be pitiful.
It could reach $100,000 in a few hours tomorrow. All it needs is a lack of sellers and a surfeit of buyers. Even if flashy figures like that are reached they don't mean all much until the markets are much deeper, broader and more accessible.
Liquidity, adoption and other important metrics are still low, so whatever huge marketcap we have now, it only shows that the market is mostly speculative, and this is really not a good thing. It has been largely bullish all this time, and we are yet to see true bearishness, with people seriously doubting Bitcoin and not simply waiting between bull seasons. To me Bitcoin reaching $100,000 is still an "if", not "when".
|
|
|
|
coinycoiny
Member
Offline
Activity: 273
Merit: 18
|
|
February 18, 2020, 07:10:59 AM |
|
When it hit $20k, btc couldn't cope with the number of speculators buying and selling.
Since then its been in slow decline.
It's now being hyped by people trying to get new suckers to buy what is left from mining operations.
|
|
|
|
xvids
|
|
February 18, 2020, 07:16:12 AM |
|
It was always a question of when as we already know how bitcoin achieved what was deemed as impossible a few years back. Bitcoin can certainly perform way beyond expectations and people are now realizing that it could bring them potential riches, or even just use it as a hedge against inflation and the worsening economy in their respective countries.
Though I like to differ that increase in value does not equate to wider adoption. It needs more than that tbh, and if people can't afford to get bitcoin, how would they be using it in the first place?
The more higher the price of Bitcoin goes the more popular it would get and that means that there would be more to accept crypto. The only problem when BTC price is so high is the transaction fee, Peopl doesn't need to afford 1 BTC to use it they could always purchase it on smaller bills like Sats but the problem would be the transaction fee. If they couldn't find a way to cut it short then the high price and adoptaton would be pointless since people wouldn't use it for payment.
|
|
|
|
roc080
Newbie
Offline
Activity: 5
Merit: 0
|
|
February 18, 2020, 07:48:10 AM |
|
I agree with you on the question of not IF but WHEN. I would like to know that as well. Since most governments are against crypto, it would something real special for btc to pull that price off, without any help from governments. Of course the global mood is changing but its not changing fast enough. Lets keep fingers crossed, and hope it happens before we die.
|
|
|
|
buwaytress
Legendary
Offline
Activity: 2954
Merit: 3679
Join the world-leading crypto sportsbook NOW!
|
|
February 18, 2020, 08:11:56 AM |
|
That definitely is interesting but it also begs the question: is Bitcoin really worth 40% of the forex market? We know forex is big but the world's market for all the different fiat currencies wouldn't be questioned much by anyone. Fiat is still responsible for a major portion of the world's commerce and economy. Can we say Bitcoin or any crypto can rival fiat? If so, that will be the reason BTC is $100k.
|
|
|
|
livingfree
|
|
February 18, 2020, 10:02:47 AM |
|
Time will tell then. We're here to witness whatever lies ahead in the future for bitcoin. As long as you are confident that it's here to stay, no matter how much the market cap will be, your patience will be fruitful.
Professional investors and traders still says that it's young and there's a long way to go to be recognized by most people in the world. But, we will see it then, one step at a time, no need to rush and while waiting for that day be $500M or $1T or $2T market cap, hold your horses and accumulate.
|
|
|
|
gentlemand
Legendary
Offline
Activity: 2590
Merit: 3014
Welt Am Draht
|
|
February 18, 2020, 10:16:55 AM |
|
and we are yet to see true bearishness, with people seriously doubting Bitcoin and not simply waiting between bull seasons.
So 2014/15 was a walk in the park? Sheesh. TONS of people walked away having declared it fully dead. There were hours between posts on the main threads on this forum. If that had been a conventional market it would be talked about for centuries after recovering from such deadness. Alt fans certainly got a kicking in 2018 too. Overall this round has been milder but it was still hairy for many.
|
|
|
|
1Referee
Legendary
Offline
Activity: 2170
Merit: 1427
|
|
February 18, 2020, 10:39:49 AM |
|
Professional investors and traders still says that it's young and there's a long way to go to be recognized by most people in the world.
That's true. Bitcoin has had quite an easy ride thus far with how the stock market went on a parabolic ride similar to Bitcoin's parabolic ride (obviously not percentage wise). I am really curious to see how Bitcoin's 'safe haven' narrative holds whenever we see the US stock market takes a massive multi year dump. I'm afraid that it will also drive Bitcoin down because it's treated as a very risky and speculative investment asset, which in general, is sold off the first whenever markets start to turn bearish. I am not going to hold a bag of coins in that situation and will unload a chunk to buy back lower when most of the hot air has escaped. It's better to think rationally whenever that happens because it sucks sitting out 80ish % corrections. No matter how much I like Bitcoin, it just sucks because you could have bought many more coins back lower.
|
|
|
|
gentlemand
Legendary
Offline
Activity: 2590
Merit: 3014
Welt Am Draht
|
|
February 18, 2020, 10:46:09 AM |
|
I am really curious to see how Bitcoin's 'safe haven' narrative holds whenever we see the US stock market takes a massive multi year dump. I'm afraid that it will also drive Bitcoin down because it's treated as a very risky and speculative investment asset, which in general, is sold off the first whenever markets start to turn bearish.
I am not going to hold a bag of coins in that situation and will unload a chunk to buy back lower when most of the hot air has escaped. It's better to think rationally whenever that happens because it sucks sitting out 80ish % corrections. No matter how much I like Bitcoin, it just sucks because you could have bought many more coins back lower.
I think it's only the type of people who post threads about a bank having its toilet blocked with 'Bitcoin user not affected' thrown in there who buys the safe haven narrative. Maybe in another 10-15 years it might be thought of that way by enough people around the world. Until that point everyone'll run screaming just like with everything else and probably even more so.
|
|
|
|
bering
Legendary
Offline
Activity: 2912
Merit: 1006
Leading Crypto Sports Betting & Casino Platform
|
|
February 18, 2020, 10:58:08 AM |
|
Very interesting opinion from the experts that they change the word "if" to "when" which is probably this will be happend soon and it's only a matter of time and market cap achievement also very high when bitcoin reach to $100000 and also the gapped between forex market cap also will nearest but i was wondering when this will happend
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
Slow death
Legendary
Offline
Activity: 3164
Merit: 1129
Leading Crypto Sports Betting & Casino Platform
|
|
February 18, 2020, 11:03:44 AM |
|
Well, dreaming Is something that was always free. But when we wake up we have to face reality, and reality is that $100,000 is a very high and exaggerated price. So far, I haven't even managed to stay above $13000 and be stable. We have not yet reached $20,000 and are already forecasting a price of $100,000? The curious thing about all this is that they only do this type of price forecast when the price increases a lot
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
|