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Author Topic: Remember today's date 19th Feb, 2021. BTC crossed $1 trillion marketcap  (Read 198 times)
Stedsm (OP)
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February 19, 2021, 04:36:46 PM
 #1

Congratulations guys, we have finally crossed the biggest milestone of the decade and our lovely BTC is now over $1 trillion in marketcap. Hope BTC continues to rally higher and higher, and make many new millionaires in the crypto world and may this bull run give every single person a chance to make a buck as long as they invest wisely and carefully.

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February 19, 2021, 05:13:25 PM
 #2

Bitcoin stands at number 8 or all assets, companies and everything in the marketcap ranking. No one expected bitcoin would reach such height of 1 trillion in very little time period so yes its a day to be remembered and the prices are still in the increase, currently $surging above 54K with no sign of fall back. Cool
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February 19, 2021, 05:25:53 PM
 #3

a very extraordinary day and a new history for bitcoin. This proves that bitcoin is able to continue to grow. from under $ 1 and now over $ 54k. Nobody could have imagined bitcoin capable of reaching this high. In fact, many speculate that bitcoin can break the $ 100k price or more.
Many millionaires or rich people get into crypto because of bitcoin. It is truly extraordinary and congratulations for those of you who get profits of hundreds to thousands of percent.
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February 19, 2021, 06:27:09 PM
 #4

I like someone saying '$ 1 trillion is just a beginning'...
In the following months and years, we will continue to see Bitcoin's market cap hit $ 2 trillion, $ 3 trillion, $ 6 trillion, and $ 100 trillion. Cool



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February 19, 2021, 06:37:05 PM
 #5

Congratulations guys, we have finally crossed the biggest milestone of the decade and our lovely BTC is now over $1 trillion in marketcap. Hope BTC continues to rally higher and higher, and make many new millionaires in the crypto world and may this bull run give every single person a chance to make a buck as long as they invest wisely and carefully.

Yeah that's a huge milestone btc as achieve over the cause of just 12 years, many other project can not record such success within that time frame, despite all the ops and downs btc had to go through it still managed to maintain such outstanding record, a congratulations well deserved,

And yes btc needs to continue rally higher because am not a millionaire yet and I would like to be before the bear will come back to the woods.
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February 19, 2021, 06:47:06 PM
 #6

another Milestone reached today for sure.
$1trillion market cap will mean the super wealthy will look at it even more and
the it is now on the radar of the likes of Amazon and Google.

R


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February 19, 2021, 09:30:32 PM
 #7

All holders rejoice!  Cheesy

Imagine that a few months ago I thought we wouldn't be able to cross 50 thousand dollars without a strong correction and that would happen maybe later this year if we're lucky. That's also what many analysts were saying.

Be warned though, we're slowly crossing into the red zone where bitcoin is extremely overbought. Historically the last 2 bull markets ended somewhere in this area.
It doesn't mean we'll crash today or tomorrow. It can be next month, and another 10 thousand up but don't let FOMO get you Wink
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February 20, 2021, 04:40:34 AM
 #8

This proves that bitcoin is able to continue to grow. from under $ 1 and now over $ 54k.

For real, from under 1 dollars to over 54k mark is a fugure that is highly unimaginable. Btc has really surprised us all. Another milestone has been reached,but there is more to come.

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February 20, 2021, 04:53:00 AM
 #9

No one expected Bitcoin will break this huge mark in just a decade. I am sure more records will be created and many new companies will now enter this industry. Enjoy this big bull run while it last.

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February 20, 2021, 05:25:50 AM
 #10

Yeah..The price of bitcoin crossed another major milestone Friday, as the cryptocurrency’s market value surpassed $1 trillion.

Underlying the rally, analysts say, are the huge amounts of stimulus governments and central banks have funneled into economies during the coronavirus crisis which have lifted nearly all markets. Some other big-name companies have started to sniff around bitcoin in recent weeks, adding legitimacy to the crypto world.
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February 20, 2021, 05:47:30 AM
 #11

As it is the price is above 55,000$ and edging very close to fifty six thousand dollars I think it would cross over to the next double digits, am now getting not sure of if Bitcoin would drop from this price, it's a shame my country think they should place a ban on crypto-currency after seeing Bitcoin price and still stand by their Ban. Everyone should be free to do crypto-currency.

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February 20, 2021, 08:19:32 AM
 #12

No one expected Bitcoin will break this huge mark in just a decade. I am sure more records will be created and many new companies will now enter this industry. Enjoy this big bull run while it last.
It is evident, the growth at such a short amount of time will translate to a long term growth that will definitely cause us to reap bigger benefits, this companies will make this industry bigger so as individuals we have to take advantage of that and make more money while they are hodling out what they are buying.

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February 20, 2021, 08:30:41 AM
 #13

Started with a Dollar and turned it into 1 Trillion Cheesy

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February 20, 2021, 08:33:44 AM
 #14

If it becomes the reserve currency all the big hedge funds n asset managers

like state street will buy it up if that does eventually happen the market cap

will go too $200 Trillion and potentially even more if the derivatives market

 becomes part of the cap too

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February 20, 2021, 08:36:54 AM
 #15

The position of bitcoin as SOV has grown with massive adoption and confidence from holders. We keep seeing large acquisition from more wealthy names and individuals. We expect as the marketcap crosses trillion we should see other coins join in that size of figure in the year. This size of fund attracts countries and capitalists around the world to take position like their counterparts before they miss out.

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February 20, 2021, 08:51:16 AM
 #16

The position of bitcoin as SOV has grown with massive adoption and confidence from holders. We keep seeing large acquisition from more wealthy names and individuals. We expect as the marketcap crosses trillion we should see other coins join in that size of figure in the year. This size of fund attracts countries and capitalists around the world to take position like their counterparts before they miss out.

I get caught up in the spin stories a bit myself

One thing that is pushing the price up is energy costs

The economic feedback loop from power generation and

usage is probably the biggest price pushing point

rather than adoption, I’ve not dwelled on it much tho

the power consumption running costs seem much higher

than the coin block reward.

Just holding a token dosnt make it increase in value.

Now if the energy economic feedback loop is combined with asset management

transfers in an energy blockchain hash strategy integration fashion

it cud be manageable and also prevent the risks associated with

exchange coin flooding the market, atm I think KYC laws have slowed

to some extent the liquidation of coin once everyone attains these

blcoks it will no longer be a workable strategy


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February 20, 2021, 10:42:03 AM
 #17

I am glad the news. Because it has been a long road that bitcoin has traveled with successes and mistakes. Some did not believe in bitcoin that it could achieve it and now we can verify it. I have great expectations about investment companies and all the innovation that they will bring us.
We are shifting from traditional investments to bitcoin investments with a view to transformation.
It is a future with great challenges, I hope that we are all included.

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February 20, 2021, 10:48:40 AM
 #18

$1 trillion market cap and that's with only overall very few people across the world exposed to the idea of owning bitcoin. Imagine if bitcoin being is used as payment method everywhere across the world for the sake of simplifying shopping process for international buyers which also increases the usage and demand for bitcoin, the market cap gonna grow even more higher in very short time.

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February 20, 2021, 11:28:11 AM
 #19

It's a pretty big deal. I remember just a couple of years Apple reaching this milestone, and Bitcoin seems so far from it. And just after a few years the price jumped up, pushing BTC capitalization up. Now we need a boost of Bitcoin users because adoption is still at a pretty low level. Even more so, we need to remember that Bitcoin is not about investments returns, but about a new type of money. Unfortunately, it seems to me that when the price is rising so incredibly, it overshadows Bitcoin's purpose as money and also sheds light on a serious problem with Bitcoin as money: really high transaction fees.

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February 20, 2021, 11:45:55 AM
 #20

It's a pretty big deal. I remember just a couple of years Apple reaching this milestone, and Bitcoin seems so far from it. And just after a few years the price jumped up, pushing BTC capitalization up. Now we need a boost of Bitcoin users because adoption is still at a pretty low level. Even more so, we need to remember that Bitcoin is not about investments returns, but about a new type of money. Unfortunately, it seems to me that when the price is rising so incredibly, it overshadows Bitcoin's purpose as money and also sheds light on a serious problem with Bitcoin as money: really high transaction fees.
Imo, adoption is gradually coming up, there are now more institutional Investors ready to put funds/reserve assets into the network, also amongst the non-Bitcoin community, you can sense a growing trust in the network, that's why there is a rising case of FOMO; Bitcoin has a variety of uses, of course we all know it's money/currency that it's users are privileged to be their own bank, but that's not just the only purpose, and none is working to the detriment of the other. The use of Bitcoin as an investment option is what's creating high demand for the coin, that's also what's causing this appreciation in price as demand continually increases, imo, by simply buying btc for investment, you're also using 'our' own form of money, whether you use it to process payment or not.

Having said that, all the many uses for Bitcoin, the very better, I use Bitcoin for a myriad of purposes and that's what makes the network unique and pushes it's growth and adoption.

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