Bitcoin marketcaps might hit $1 Quad. as Coinbase is listed on Nasdaq

[DashingAgent]

Bitcoin marketcaps might hit $1 Quad. as Coinbase is listed on Nasdaq

Bitcoin marketcaps might hit $1 quadrillion within next 30 years as Coinbase is listed on Nasdaq. What do you think about it? Should Binance go public in the next?

[justdimin]

Bitcoin marketcaps might hit $1 Quad. as Coinbase is listed on Nasdaq
Bitcoin marketcaps might hit $1 quadrillion within next 30 years as Coinbase is listed on Nasdaq. What do you think about it? Should Binance go public in the next?

In next 30 years? lol for kind of that long period of speculation, we do not need to consider the yesterday's event of coinbase listing on nasdaq. Bitcoin itself got potential to grow 1000x in next 4 to 8 years.

Roughly bitcoin grows 10x after every halving which may follow exponential growth as well because 5% of world population adopting bitcoins and spreading awareness about bitcoin will not be the same when 10% of world population will be doing those.

One trillion marketcap has become possible after one decade of time.
But, one quadrillion may not take another ten years for sure.

[Poker Player]

Bitcoin marketcaps might hit $1 Quad. as Coinbase is listed on Nasdaq
Bitcoin marketcaps might hit $1 quadrillion within next 30 years as Coinbase is listed on Nasdaq. What do you think about it? Should Binance go public in the next?

In next 30 years? lol for kind of that long period of speculation, we do not need to consider the yesterday's event of coinbase listing on nasdaq. Bitcoin itself got potential to grow 1000x in next 4 to 8 years.

I agree but what's more, whatever we can speculate about the 30-year future of Bitcoin has a very low probability of resembling reality. It is clear that we expect the price of Bitcoin to continue to rise and fiat to devalue but 30 years is so many years that making predictions seems to me like playing fortune teller with a crystal ball.

[buwaytress]

Pretty normal for decades long outlook in many economic terms but in a sense, yeah 30 years is a bit rich to be considering, when there's a lot of significant milestones happening before that (Bitcoin halvings and block reductions practically mining everything available by 2040, for example). Wonder which European exchange will challenge Coinbase after this. Bitpanda?

Enter the million-dollar forecasts...

[hugeblack]

I am talking then I am here. I give expectations, so I am an expert.
There is no link between coinbase's listing on Nasdaq and Bitcoin's long-term prediction. One of the longest-running models that measure Bitcoin in the long term is S2F model and even this model does not keep the price for 10 years, but rather a maximum of 4 years, so predicting the price for a period of 30 years is a fantasy.

[Willitivity]

Bitcoin marketcaps might hit $1 Quad. as Coinbase is listed on Nasdaq

Bitcoin marketcaps might hit $1 quadrillion within next 30 years as Coinbase is listed on Nasdaq. What do you think about it? Should Binance go public in the next?

30 years is surely a very very long period of time and it's unclear how big bitcoin would be. But if bitcoin does succeed to be the #1 global and most used means of value exchange in the world, then reaching an $1 quad trillion marketcap in the next 3 decades looks very much possible. I would mention that over the course of the next 3 decades, we should have several number of block halvings that will shrink the emission rate which should help to boost the price to a great deal. I have a belief that Bitcoin would be worth much more than it does today. $1 trillion used to be a dream now its past tense.

[tygeade]

Bitcoin marketcaps might hit $1 quadrillion within next 30 years as Coinbase is listed on Nasdaq. What do you think about it? Should Binance go public in the next?

So, next milestone we need to think about in terms of marketcap is quadrillion? I am not familiar with such numbering system anything beyond trillion. By checking in google, quadrillion is 10¹⁵ whereas trillion is 10¹².

Okay, I am just wondering what are other assets or stocks which are already enjoying quadrillion marketcap?
I guess none because gold's marketcap is between 10 trillion to 11 trillion and right now bitcoin's is 1.1 trillion. So, you are saying something like reaching out the level of marketcap of total world wealth or at least marketcap of USA dollars. I guess that is something too big to imagine. (Moreover, I am wondering if bitcoins get another 10x leap then it will beat gold in terms of markectcap, not a big milestone?)

[dothebeats]

I don't know how would Coinbase propel cryptocurrency to new heights alone, but the possibilities are endless since there are a lot of eyes on crypto already and people are starting to pick up the hype and dump some $ on it. 30 years, also, is a long time, though a short one if we are to think about changes in the system and whatnot. I couldn't see any major shifts on the world's economy that would make a $1 quad crypto market a reality. Perhaps hyperinflation? But that usually solves itself, too.

[The Sceptical Chymist]

There is no link between coinbase's listing on Nasdaq and Bitcoin's long-term prediction.

Yep, that was my first thought.  It's all well and good that Coinbase decided to go public, but they're one exchange out of many, and history has shown that bitcoin's price doesn't react much to whatever's happening with any given exchange--hacks, scams, you name it, bitcoin's behavior is independent of any of that.

And as far as 30 year predictions go, you can make them if you want but I'm sure as hell not going to believe any of them.  People can barely predict what bitcoin is going to do within a week's time frame, much less 30 years.  If I'm honest, I'm not entirely convinced that bitcoin will even have a 10th of its current value in 30 years.  It might not even exist (though I'm guessing it will) that far down the road.

[wiss19]

I couldn't see any major shifts on the world's economy that would make a $1 quad crypto market a reality. Perhaps hyperinflation? But that usually solves itself, too.

After getting know about the current marketcap of gold, I realize how big is quadrillion and this way OP is not making sense. There are very less possibility for bitcoin market to be reaching such huge marketcap.

But, we cannot say anything about the future when some governments will be discovering more number of goldmines and all the investments from gold will be shifting into bitcoin then this kind of marketcap may happen. But if you ask about the possibility then I would say it will be around 0.001%

[TheGreatPython]

Hmmm you’re kind of making it seem like without all these things that we are not going to keep moving. Whether there are such things happening or not, the market will always continue with its growth, what these things are doing is that they are fastening the speed at which we are moving to that level you’re talking about. But whether they are happening or not, the community will keep on growing and we are going to get to that level no matter what.

It is clear that we expect the price of Bitcoin to continue to rise and fiat to devalue but 30 years is so many years that making predictions seems to me like playing fortune teller with a crystal ball.

And nobody can make that prediction for you, no one can do it and tell you when it’s going to happen. The thing is that we should always appreciate how far the community have gotten, and we shouldn’t be letting some things like this to bother us too much.

[blockman]

With that range, possibly yes. But we'll have no idea what's with the market by that time. Maybe after 10 years, you can give an outlook on what's your prediction to bitcoin by that time.
Predictions even for 5 years long are sometimes hard to believe.

[GreatArkansas]

(....)
What do you think about it? Should Binance go public in the next?

Speaking of Coinbase being public listed on Nasdaq.
And a lot of people starting talking about other exchanges that will also go to the public, especially Binance which is currently a popular crypto exchange.
I read an article in which they interviewed the CEO of Binance which is CZ, that they don't have any plan at all to get public listed.
You can read more here about the reasons of CZ - https://www.coindesk.com/binance-will-not-go-public

[DoublerHunter]

^ Coinbase's successful listing in Nasdaq will definitely affect Bitcoin’s state. It is just that, Coinbase may either make or break it. Being a publicly listed company is very risky and requires a lot of works especially in legal and paperwork. One wrong move from Coinbase might negatively affect Bitcoin and the entire cryptocurrency community. Even the simplest type of business can go wrong when listed. And coinable is the first company to be listed that is focusing on cryptocurrency and we can actually consider them as a pilot that has to test the field.

[el kaka22]

Roughly bitcoin grows 10x after every halving which may follow exponential growth as well because 5% of world population adopting bitcoins and spreading awareness about bitcoin will not be the same when 10% of world population will be doing those.

One trillion marketcap has become possible after one decade of time.
But, one quadrillion may not take another ten years for sure.

Trillion marketcap to quadrillion in less than a decade? I doubt as there are beyond our calculations; for example, gold is doing with only 11 trillion marketcap. Still, we cannot under estimate the potentials of bitcoin just because of gold as bitcoin got multiple other utilities to keep attracting more investors whereas gold is limited in that aspect.

Ten trillion to 100 trillion is something, I guess within reachable with current progress and beyond that, we must need some extraordinary things to happen. Anything possible in bitcoin ecosystem hence we can expect even quadrillion to happen in coming years.