The total value of the crypto currency market is near $2 trillion

[franky1]

But if the owner of the asset only holds, it’s unrealized value, and the price the current buyers are willing to pay for them is either higher or lower. Bitcoins purchased at $10.00 during 2011 - 2012 is not $10.00 anymore.

you really are missing the point..

take me i got my btc hoard at $6each in 2012.. and i have no exit price.. but even now i still remember my realized price

yes when i sell. i trigger the next persons realized price because thats what they bought it for

its not about the sell. its about the buy
if 80% of people with active coins have a realized buy price at say $37k+.. thats 80% not willing to sell below $37k

it doesnt matter what the price is now. its a logical fact that people dont want to sell at a loss
if you would sell at a loss.. then give trading up. you will always lose if you sell at a loss

its not about the ATH its not about current price. its not about how high they want to SELL..
its about the low and about what they are NOT WILLING to sell below

..
so lets say there was a 'bank run' (mega dip). people wont sell at a loss. they will 'hodl'.
when you realise that if 18million coins will not all equally get the current price.. you sooner you learn to not base their value on the current price. the better

market cap is a meaningless number that does not represent the actual value line someone values their coin at

i personally dont care about the $55k+ current price.
im still ok even if the price went down to $7. as i still value that as profit

[davis196]

All those market caps and market "value" you are writing about are overinflated due to the Federal Reserve money printing.I don't believe that Google,Facebook and Amazon are worth several trillion dollars.
The financial markets are in a total "madness mode".No wonder that the crypto market cap reached 2 trillion dollars.2 years ago,if somebody told me,that the crypto market cap will exceed 1 trillion USD in 2021,I would think that he is crazy.We live in crazy times.

[Vishnu.Reang]

All those market caps and market "value" you are writing about are overinflated due to the Federal Reserve money printing.I don't believe that Google,Facebook and Amazon are worth several trillion dollars.
The financial markets are in a total "madness mode".No wonder that the crypto market cap reached 2 trillion dollars.2 years ago,if somebody told me,that the crypto market cap will exceed 1 trillion USD in 2021,I would think that he is crazy.We live in crazy times.

Back in 2018 January, the cryptocurrency market capitalization had peaked at around $800 billion. So the current valuation is not that much surprising. It is natural to have 150% rise in valuation during the last two and half years, especially for a new innovation such as cryptocurrency. But it is very difficult to predict the direction of cryptocurrency from here. A lot of people think that it is overpriced now, and they recommend partial profit booking.

[wiss19]

Following the upward trend in the crypto currency market, the total value of the crypto currency market set a new historical record and was near $2 trillion.

The amount of money we are talking about here is basically getting close to some nations stock market, even surpassed some low economy nations, so we are basically talking about something that would be insanely high. And it happened in a year, last year we were nowhere near this level, this year we have reached all time high in the total market cap, and that is the power of bitcoin.

If we keep this up and continue to basically kick ass, we are going to have a lot more power as well and the price will be higher too. Bitcoin is being accepted everywhere and being legal and taxed and considered a currency will be the key to success. I believe we are going to end up going to 1 bitcoin 1 million dollars levels in the future, not saying that will happen today, but it will happen in the future, maybe in 10 years but it will get there eventually.

[jaysabi]

that is not the total "value" it is the total "market cap".
market capitalization can only represent value if every single coin (supply) in this entire market was real and has been bought. when coins have massive premines and huge amounts of supply that is never entering circulatation that means that supply must never be considered in calculation of the market cap while it is.

for example you can create a coin that has a supply of 1 trillion coin and only sell 100 of it on the market. assuming each coin could get the price of equal to $1 that means you have created a coin with a market capitalization equal to $1 trillion while the real market capitalization is actually $100.
unfortunately this is the case for 90% of the altcoins!

for this reason this market can not be compared with other markets for example you can't compare it with Google because when Google's market cap is $1.4 trillion every single piece of share is accounted for. they can't create any out of thin air.

Market cap and total value are indistinguishable.  In your example, the scarcity of the coin should be taken into account when determining the what the fair value price is if the buyers are rational. If a coin has 1 trillion in existence, a rational buyer likely wouldn't be paying a dollar for the coin because as a buyer you should know that the reserves could be released at any time and devalue what you own.  Crypto investors are far from rational though, hence the disparity.

And to correct your misunderstanding, Google can create more shares out of thin air.  In fact, all the shares that Google has authorized are not trading currently.  Public companies never sell as many shares on the open market as actually exist because they may need to raise additional money by selling more shares later.  Google could release more at any time.

[Princejebs]

As more people see the potential of decentralization, more will probably be joining this great technology. This trend will probably go for years to follow and probably be reaching 100's of Trillions.

You think so? I can say the same for institutional investors but not others. The institutional investors are here for bitcoin and bitcoin alone and some other clone btc and Ethereum.
Ask an average person if they really care about the decentralization or the fast money. Believe, 80% will answer the money if they are honest with their answers.
Market capitalization will continue to grow more as long as new projects are been created and heavily pump because I noticed isn't just bitcoin that's longer moving the market but with the altcoins combine.

[corel]

Following the upward trend in the crypto currency market, the total value of the crypto currency market set a new historical record and was near $2 trillion.
According to CoinGecko and CoinMarketCap, the total market value of crypto currencies on March 31 exceeded $ 1.9 trillion. The total market reached $ 1.99 trillion earlier in the day, setting a new record in history.
After the next correction, the total value of the cryptocurrency market fell slightly to $ 1.89 trillion at the time of writing.
The crypto currency market has surpassed Saudi oil giant Aramco, the world's second most valuable company after Apple, to reach its all-time high. According to TradingView, Aramco’s Saudi is worth about $ 7 trillion, or $ 1.86 trillion at the time of writing.
After surpassing Google's market cap of $ 1.4 trillion in February, it now surpasses the world's largest companies, including Amazon and Microsoft. At this moment of writing this post, the market value of Amazon and Microsoft is $ 1.5 trillion and $ 1.7 trillion.

Source: https://cointelegraph.com/news/total-crypto-market-capitalization-posts-new-all-time-high-above-1-9t

Interestingly, falsely boosted volumes were also taken into account? Is the fact was taken into account that 99% of all altcoins are air sellers

[jostorres]

Interestingly, falsely boosted volumes were also taken into account? Is the fact was taken into account that 99% of all altcoins are air sellers

We cannot do anything about that. Total valuation of this crypto space is being calculated from the services like coinmarketcap or coingeko or similar services and I am sure there should be some other coins which are not yet listed any of these services are still existing which means that $2 trillion number might grow further as well. Overall, $2 trillion is inclusive of all real and shit coins because both are just part of this space.

(Honestly I do not have any example for a good coin which is not yet listed on any of marketcap services. I assume about this because coinmarket is charging a big fee for listing with them and I heard congeko also started asking fee for listing hence some devs who got potential might be thinking about "free listing" after proving their worth on this crypto space).

[Febo]

Interestingly, falsely boosted volumes were also taken into account? Is the fact was taken into account that 99% of all altcoins are air sellers

But those 99% of all coins have maybe 1% of overall marketcap.  Only few coins own most of marketcap.  Top10 coins have 80% of marketcap. Probably top 100 have more then 90%. If we should be worried about fake marketcap we should definitely look into top10 coins and forget random low marketcap scams.

[DrBeer]

All those market caps and market "value" you are writing about are overinflated due to the Federal Reserve money printing.I don't believe that Google,Facebook and Amazon are worth several trillion dollars.
The financial markets are in a total "madness mode".No wonder that the crypto market cap reached 2 trillion dollars.2 years ago,if somebody told me,that the crypto market cap will exceed 1 trillion USD in 2021,I would think that he is crazy.We live in crazy times.

It is not worth comparing approaches to the valuation of corporate assets and the crypto market. Any of the listed companies has a completely different value, yes, yes, the price is different. For example, Amazon's assessment - you can count all of its assets - from the pen of a person on guard to warehouse complexes. This will be the price of low-liquid, highly liquid assets ... But for example, in the situation with the coronavirus, when any delivery service becomes 100 times in demand, the cost of the Amazon delivery unit can be estimated more expensive than the total cost of the 3 most expensive companies. This is a commercial grade.
Cryptocurrency market capitalization is an indicator of speculative demand, trust, investment. But you cannot, having, for example, sell the whole cue ball for 1 trillion - the price will instantly collapse. Or, for example - suddenly it turns out that the private key can be easily calculated from the available data such as the public key and the wallet address - and bitcoin will instantly turn into real 0. And warehouse complexes will still have a consumer value

[bryant.coleman]

Interestingly, falsely boosted volumes were also taken into account? Is the fact was taken into account that 99% of all altcoins are air sellers

But those 99% of all coins have maybe 1% of overall marketcap.  Only few coins own most of marketcap.  Top10 coins have 80% of marketcap. Probably top 100 have more then 90%. If we should be worried about fake marketcap we should definitely look into top10 coins and forget random low marketcap scams.

You are right. For many of the altcoins, the market cap seems to be inflated. The promoters hold 80% to 90% of all the coins, and they keep these coins away from trading. And this creates an artificial scarcity, which pushes up the unit price. And in most of the cases, these shitcoins will be traded only in one or two small-sized exchanges, which makes it easier for the promoters to manipulate them. And I have seen this inflated market cap strategy in top altcoins as well, and XRP is a perfect example.

[sana54210]

For many of the altcoins, the market cap seems to be inflated. The promoters hold 80% to 90% of all the coins, and they keep these coins away from trading. And this creates an artificial scarcity, which pushes up the unit price. And in most of the cases, these shitcoins will be traded only in one or two small-sized exchanges, which makes it easier for the promoters to manipulate them. And I have seen this inflated market cap strategy in top altcoins as well, and XRP is a perfect example.

The top ten is already like 1.6+ trillion dollars already, and I do not think that any of that could be fake, those are really big names and they are really traded that much and volume has nothing to do with the price there. The fake volume thing that some exchanges do is buy and sell from itself without changing the price of that coin to look bigger, that is the only thing, they do not really change the price or the market cap because they only care about what is going on with the volume and not the price.

This is why I am pretty sure that 2+ trillion number is correct, at the very least there could be few billion dollar differences but the reality is that we are doing fine. This 2+ trillion number means a lot, we are getting closer to gold marketcap, that means a lot because being over gold marketcap would mean that we are really both retail investors and corporate investors first choice.

[Renampun]

As more people see the potential of decentralization, more will probably be joining this great technology. This trend will probably go for years to follow and probably be reaching 100's of Trillions.

You don't know what you are talking about when you said 100s of trillions because that is quitely close to impossible,  just because bitcoin is growing and it is becoming more popular among the capitalist circles doesn't mean that it will reach 100 trillion, give me one company that has that market cap and I might retract my words.

for now, it may not exist but I am sure in the future there will definitely be...
Since the beginning of Bitcoin circulating I am sure 99% of people at that time would not have believed the Bitcoin market cap would reach $ 1 trillion, but over time, it is happening now. Trust me, the future is a mystery and nothing will be impossible, $ 100 trillion? maybe!

[slapper]

As more people see the potential of decentralization, more will probably be joining this great technology. This trend will probably go for years to follow and probably be reaching 100's of Trillions.

You don't know what you are talking about when you said 100s of trillions because that is quitely close to impossible,  just because bitcoin is growing and it is becoming more popular among the capitalist circles doesn't mean that it will reach 100 trillion, give me one company that has that market cap and I might retract my words.

for now, it may not exist but I am sure in the future there will definitely be...
Since the beginning of Bitcoin circulating I am sure 99% of people at that time would not have believed the Bitcoin market cap would reach $ 1 trillion, but over time, it is happening now. Trust me, the future is a mystery and nothing will be impossible, $ 100 trillion? maybe!

I agree with you. $100 trillion is possible. No company is able to do that but the story is different in bitcoin. Moreover, inflation will continue to push the value of crypto bigger and bigger compared with the USD.

Cryptocurrency can be considered as a disruptive technology that gains huge attraction in a short time and has the capability to alter the world on a massive scale. Not only that, bitcoin is recognized by many people around the world and they can easily access the blockchain as long as they have the internet. You might find it hard to buy an Apple or an Amazon product if you live in a third-world country but it is never hard to buy bitcoin.

In Bitcoin we trust. It will soon replace gold and become the backbone of the future decentralized economy

[ReiMomo]

Market cap is never the metric you have to consider if you’re looking for the valuation of an asset.
Market capitalization is way different than the real valuation of the entire cryptocurrency ecosystem.

Before when Cryptocurrency’s market capitalization was only around $1m, we tried to do our best to see that real valuation of the market. However, it was very hard back then. But we were able to come up with an established result that the valuation of the cryptocurrency (possibly) was only 20% of $1m which is $200,000.00. And still, we were happy with the result as we all know that Bitcoin almost came from nothing. 

But this was before more than thousands of cryptocurrencies or altcoin became involved so I find it hard to apply the same principle. But if we did, the possible valuation of the entire market is now at blinking $40Billion and this is enough to be considered as a success.

[SquallLeonhart]

Market cap is never the metric you have to consider if you’re looking for the valuation of an asset.
Market capitalization is way different than the real valuation of the entire cryptocurrency ecosystem.

But when more number of people are considering it is a is a valid metric to compare and for decision making then market cap is getting its significance among traders and investors. I agree, it is an easily manipulable metric still people are considering it as vital one before all their investment decisions. It is like how the dogecoin is enjoying its stay right now because more number of people are believing into it even it was not basically designed to solve any economic related problems but when mass adopt it, it is getting its rank in this crypto space.

[bryant.coleman]

for now, it may not exist but I am sure in the future there will definitely be...
Since the beginning of Bitcoin circulating I am sure 99% of people at that time would not have believed the Bitcoin market cap would reach $ 1 trillion, but over time, it is happening now. Trust me, the future is a mystery and nothing will be impossible, $ 100 trillion? maybe!

If wishes were horses, beggars would ride.
If turnips were watches, I'd wear one by my side.
If "ifs" and "ands" were pots and pans,
There'd be no work for tinkers' hands.

The total global wealth is somewhere around $300 billion and right now cryptocurrency represents around 1% of that. You are claiming that it can be increased to 25%-33%. Theoretically you can claim anything. You can even claim that cryptocurrency can amount to 90% of the global wealth, and amount to a market capitalization of $3,000 trillion. But how much of this is possible in real life? IMO, cryptocurrency market cap can never be as large as the market cap of gold, and the latter stands at $11 trillion right now.

[doomloop]

I think there is an error in your post where you said that the Saudi Arabian Aramco is worth $7 trillion, I guess you wanted to write 1 and not 7??? Even Apple is worth around $2 trillion ($2.08 trillion the last time I checked it), and if Apple is worth more than Aramco, then it shouldn’t $7 trillion.

The cryptocurrency market is getting close to crossing the $2 trillion mark, it is somewhere around $1.9 trillion, although recently it seems the market has kind of slowed down and might drop. But I believe that after the next halving we are going to see the market is surely going to cross that market of $2 trillion.