Bitcoin Forum
May 05, 2024, 11:21:59 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 [3] 4 »  All
  Print  
Author Topic: What is your anticipation on bitcoin market capitalization as for 2030  (Read 608 times)
Adbitco
Hero Member
*****
Offline Offline

Activity: 1428
Merit: 653


Always Act Smart and Play Safe With Your Funds


View Profile WWW
September 09, 2023, 09:12:09 PM
 #41

snip

It's really hard to anticipate and predict what will be the price or the market capitalization by 2030. Similar maybe way back 2015, we don't know what will it be in 2020.

And if we could go back and look for old threads here, all their predictions are way short back then because they don't know have any idea how big it will be in the future. Just like what we are right now this year and then how it is going to be in 2030. Our predictions could really fall short with trillions in difference for all we know.

You are correct but sometimes something gets me worried over bitcoin, because as the years goes the more we might witnessed scarcity of bitcoin and at what points? Since because most people do capitalized on this halving and knowing too well that prices changes, this gives people extremely hoping that by 2030 we might see the market in trillion dollars judging from the past historical movement and it has proven to follow its principles that in every 4 years per say we do have a new price changes but we can't give exact value if it could be lower or higher than the previous.

.BEST..CHANGE.███████████████
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
███████████████
..BUY/ SELL CRYPTO..
1714951319
Hero Member
*
Offline Offline

Posts: 1714951319

View Profile Personal Message (Offline)

Ignore
1714951319
Reply with quote  #2

1714951319
Report to moderator
1714951319
Hero Member
*
Offline Offline

Posts: 1714951319

View Profile Personal Message (Offline)

Ignore
1714951319
Reply with quote  #2

1714951319
Report to moderator
"In a nutshell, the network works like a distributed timestamp server, stamping the first transaction to spend a coin. It takes advantage of the nature of information being easy to spread but hard to stifle." -- Satoshi
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714951319
Hero Member
*
Offline Offline

Posts: 1714951319

View Profile Personal Message (Offline)

Ignore
1714951319
Reply with quote  #2

1714951319
Report to moderator
Ojima-ojo
Sr. Member
****
Offline Offline

Activity: 714
Merit: 429



View Profile
September 09, 2023, 09:47:45 PM
 #42

The Bitcoin's market cap is currently 0.57 trillion dollars, which is already pretty significant, and since the supply is growing very slowly, I think it's ultimately the question of the price and going from there to capitalization. I believe that by 2030, Bitcoin can get to 2 trillion dollars in capitalization, perhaps a bit higher than that. But I'd be surprised if it gets above 5 trillion, to be honest, because I just feel like Bitcoin growth has been slowing down for a while (compare the jump from $1k to $19k in 2017 with $30k to $67k in 2021).
Exactly bitcoin market capitalization will be around 2 billion dollars to 3 billion dollars in 2023, but the ultimate point of debate will be at what price will bitcoin be at that time,  since BTCmarket capitalization does not equal value increase,  and in some cases,  higher market cap may breed a stable market movement which may make some factor that could affect Bitcoin investors.


Is bitcoin higher market capitalization, a guarantee of a positive market outcome for bitcoin?

R


▀▀▀▀▀▀▀██████▄▄
████████████████
▀▀▀▀█████▀▀▀█████
████████▌███▐████
▄▄▄▄█████▄▄▄█████
████████████████
▄▄▄▄▄▄▄██████▀▀
LLBITCRYPTO
FUTURES
[
1,000x
LEVERAGE
][
.
COMPETITIVE
FEES
][
INSTANT
EXECUTION
]██████
██
██
██
██
██
██
██
██
██
██
██
██████
████████████████████████████████████████████████████████
.
TRADE NOW
.
████████████████████████████████████████████████████████
██████
██
██
██
██
██
██
██
██
██
██
██
██████
ScamViruS
Hero Member
*****
Offline Offline

Activity: 1750
Merit: 720


Top Crypto Casino


View Profile WWW
September 09, 2023, 10:24:33 PM
 #43

It's too early to predict anything, because the future potential of Bitcoin is so high that Bitcoin marketcap growth is expected, even more than what we expect Bitcoin marketcap to grow. After Bitcoin's next halving, we expect to see a lot of uptrend in the Bitcoin market, resulting in rapid growth of the Bitcoin marketcap. The current Bitcoin market cap is half a trillion dollars, which is much lower than the last bull market. The new bull market could break Bitcoin's ATH again and take Bitcoin to the $3 trillion marketcap that everyone expects. The next 7 years will be a lot in the Bitcoin market, which can be guessed by those who have seen the last two big bull markets. So I will wait until 2030 to see if my expected bitcoin marketcap can be achieved.

█████████████████████████
████▐██▄█████████████████
████▐██████▄▄▄███████████
████▐████▄█████▄▄████████
████▐█████▀▀▀▀▀███▄██████
████▐███▀████████████████
████▐█████████▄█████▌████
████▐██▌█████▀██████▌████
████▐██████████▀████▌████
█████▀███▄█████▄███▀█████
███████▀█████████▀███████
██████████▀███▀██████████
█████████████████████████
.
BC.GAME
▄▄░░░▄▀▀▄████████
▄▄▄
██████████████
█████░░▄▄▄▄████████
▄▄▄▄▄▄▄▄▄██▄██████▄▄▄▄████
▄███▄█▄▄██████████▄████▄████
███████████████████████████▀███
▀████▄██▄██▄░░░░▄████████████
▀▀▀█████▄▄▄███████████▀██
███████████████████▀██
███████████████████▄██
▄███████████████████▄██
█████████████████████▀██
██████████████████████▄
.
..CASINO....SPORTS....RACING..
█░░░░░░█░░░░░░█
▀███▀░░▀███▀░░▀███▀
▀░▀░░░░▀░▀░░░░▀░▀
░░░░░░░░░░░░
▀██████████
░░░░░███░░░░
░░█░░░███▄█░░░
░░██▌░░███░▀░░██▌
░█░██░░███░░░█░██
░█▀▀▀█▌░███░░█▀▀▀█▌
▄█▄░░░██▄███▄█▄░░▄██▄
▄███▄
░░░░▀██▄▀


▄▄████▄▄
▄███▀▀███▄
██████████
▀███▄░▄██▀
▄▄████▄▄░▀█▀▄██▀▄▄████▄▄
▄███▀▀▀████▄▄██▀▄███▀▀███▄
███████▄▄▀▀████▄▄▀▀███████
▀███▄▄███▀░░░▀▀████▄▄▄███▀
▀▀████▀▀████████▀▀████▀▀
cryptomaniac_xxx
Hero Member
*****
Offline Offline

Activity: 1498
Merit: 566



View Profile
September 10, 2023, 12:20:42 PM
 #44

It's too early to predict anything, because the future potential of Bitcoin is so high that Bitcoin marketcap growth is expected, even more than what we expect Bitcoin marketcap to grow. After Bitcoin's next halving, we expect to see a lot of uptrend in the Bitcoin market, resulting in rapid growth of the Bitcoin marketcap. The current Bitcoin market cap is half a trillion dollars, which is much lower than the last bull market. The new bull market could break Bitcoin's ATH again and take Bitcoin to the $3 trillion marketcap that everyone expects. The next 7 years will be a lot in the Bitcoin market, which can be guessed by those who have seen the last two big bull markets. So I will wait until 2030 to see if my expected bitcoin marketcap can be achieved.

And it just shows how difficult really is as far as predicting the movement of bitcoin. Just like in the last bull run, when we have thought that we are going to crossed $100k in price but it didn't happen. And we can go back as far as 2017 when people thought that it will go to $50k, again it didn't happen.

So what more with the anticipation of market cap in the next couple of years to 2030? For sure it will be in trillions as right now we are in that ballpark. So maybe we will see x5 or higher in 2030. But I could be wrong though.

.
 airbet 
██
██
██
██
██
██
██
██
██
██
██
██
██
 .

▄████▄▄▄██████▄
███████████████
███████████████
███████▀▀▀▀████
██████████████
▀███▀███████▄██
██████████▄███
██████████████
███████████████
███████████████
██████████████
█████▐████████
██████▀███████▀
▄███████████████▄
████████████████
█░██████████████
████████████████
████████████████
█████████████████
█████████████████
███████░█░███████
████████████████
█████████████████
██████████████░█
████████████████
▀███████████████▀
.
.
.
.
██▄▄▄
████████▄▄
██████▀▀████▄
██████▄░░████▄
██████████████
████████░░▀███▌
░████████▄▄████
██████████████▌
███░░░█████████
█████████░░░██▀
░░░███████████▀
██████░░░██▀
░░▀▀███▀

   
|.
....
██
██
██
██
██
██
██
██
██
██
██
██
██
.
 PLAY NOW 
Baofeng
Legendary
*
Offline Offline

Activity: 2590
Merit: 1658



View Profile
September 10, 2023, 03:31:36 PM
 #45

snip

It's really hard to anticipate and predict what will be the price or the market capitalization by 2030. Similar maybe way back 2015, we don't know what will it be in 2020.

And if we could go back and look for old threads here, all their predictions are way short back then because they don't know have any idea how big it will be in the future. Just like what we are right now this year and then how it is going to be in 2030. Our predictions could really fall short with trillions in difference for all we know.

You are correct but sometimes something gets me worried over bitcoin, because as the years goes the more we might witnessed scarcity of bitcoin and at what points? Since because most people do capitalized on this halving and knowing too well that prices changes, this gives people extremely hoping that by 2030 we might see the market in trillion dollars judging from the past historical movement and it has proven to follow its principles that in every 4 years per say we do have a new price changes but we can't give exact value if it could be lower or higher than the previous.

I get your point, however, I guess stating some facts based on it's previous historical logs. And it shows that the cycle or pattern still continues, so we might really see trillions added to the market cap.

And as you have said, scarcity as well, by 2030, we might be closer to 99% of bitcoin being mined already, and so it will really push the price upward. So it's hard to predict as how big the market cap of bitcoin alone.

███████████████████████
████████████████████
██████████████████
████████████████████
███▀▀▀█████████████████
███▄▄▄█████████████████
██████████████████████
██████████████████████
███████████████████████
█████████████████████
███████████████████
███████████████
████████████████████████
███████████████████████████
███████████████████████████
███████████████████████████
█████████▀▀██▀██▀▀█████████
█████████████▄█████████████
███████████████████████
████████████████████████
████████████▄█▄█████████
████████▀▀███████████
██████████████████
▀███████████████████▀
▀███████████████▀
█████████████████████████
O F F I C I A L   P A R T N E R S
▬▬▬▬▬▬▬▬▬▬
ASTON VILLA FC
BURNLEY FC
BK8?.
..PLAY NOW..
Asuspawer09
Sr. Member
****
Offline Offline

Activity: 1652
Merit: 425


Cashback 15%


View Profile
September 10, 2023, 05:10:35 PM
 #46

I went on a research on the history of bitcoin, on the process of the research I found out that as of 28 march 2013 bitcoin market capitalization passed $1 billion, which I came to realize if with the high rapid spread of bitcoin global and the introduction of new ways and methods of mining and new traders what is your anticipation on bitcoin market capitalization as of 2030?

It is really difficult to anticipate or even predict the market or how it is going to turn outs in 2030, I mean we dont even know if the cryptocurrency or Bitcoin market is still going to exist at that time because until now Bitcoin market price is still just base on supply and demand, probably right know we can see the market price of Bitcoin continue to skyrocket and sometimes in make a small dip, but because of its volatile market price we could always expect a big dip at any time because the price is just base on supply and demand and if there was no demand already the market price could easily reach 0. We all believed in Bitcoin and cryptocurrency and even though it is still possible for the market price to reach zero its probably not going to happen at all.

But what if for example a war or a lot of natural calamities hit the world that could easily make a big impact so there was still no basis for cryptocurrency for all of its factors even though we are basing our prediction on its past market price, It is still one of the riskiest investment that you could make compared to the stock market, real estates, etc.

.
HUGE
▄██████████▄▄
▄█████████████████▄
▄█████████████████████▄
▄███████████████████████▄
▄█████████████████████████▄
███████▌██▌▐██▐██▐████▄███
████▐██▐████▌██▌██▌██▌██
█████▀███▀███▀▐██▐██▐█████

▀█████████████████████████▀

▀███████████████████████▀

▀█████████████████████▀

▀█████████████████▀

▀██████████▀▀
█▀▀▀▀











█▄▄▄▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.
CASINSPORTSBOOK
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀▀█











▄▄▄▄█
Silberman
Legendary
*
Offline Offline

Activity: 2506
Merit: 1333


View Profile
September 13, 2023, 04:17:59 AM
 #47

It's too early to predict anything, because the future potential of Bitcoin is so high that Bitcoin marketcap growth is expected, even more than what we expect Bitcoin marketcap to grow. After Bitcoin's next halving, we expect to see a lot of uptrend in the Bitcoin market, resulting in rapid growth of the Bitcoin marketcap. The current Bitcoin market cap is half a trillion dollars, which is much lower than the last bull market. The new bull market could break Bitcoin's ATH again and take Bitcoin to the $3 trillion marketcap that everyone expects. The next 7 years will be a lot in the Bitcoin market, which can be guessed by those who have seen the last two big bull markets. So I will wait until 2030 to see if my expected bitcoin marketcap can be achieved.

And it just shows how difficult really is as far as predicting the movement of bitcoin. Just like in the last bull run, when we have thought that we are going to crossed $100k in price but it didn't happen. And we can go back as far as 2017 when people thought that it will go to $50k, again it didn't happen.

So what more with the anticipation of market cap in the next couple of years to 2030? For sure it will be in trillions as right now we are in that ballpark. So maybe we will see x5 or higher in 2030. But I could be wrong though.
Short term predictions have the tendency of exaggerate the price we may see, however as mistaken as the people that predicted 100k during the previous bull run were, it is very likely that bitcoin is going to reach that price during the upcoming bull run, so the prediction itself was not wrong, the mistake was on the time frame in which they believed such a price could be reached, as bitcoin due to its huge market cap is incapable of moving as fast as it did during the previous bull runs.
irhact
Hero Member
*****
Offline Offline

Activity: 616
Merit: 749



View Profile
September 13, 2023, 07:31:53 AM
 #48

Is bitcoin higher market capitalization, a guarantee of a positive market outcome for bitcoin?

Yes it is, the higher the market capitalization the higher the price of Bitcoin will increase because Bitcoin has a fixed supply. If bitcoin supply was been increased like some altcoins that's when a higher market capitalization won't affect the price but since bitcoin keep reducing in circulating supply as more investors are holding instead of trading Bitcoin always on the market, it means we'll be having less Bitcoin available in the market for trading.

After halving, the supply of Bitcoin been mined also get reduced and that means a lesser amount of Bitcoin coming into the market and there's less bitcoin circulating. Don't forget some bitcoin that are been lost as some individuals died without any heir to their investment.

R


▀▀▀▀▀▀▀██████▄▄
████████████████
▀▀▀▀█████▀▀▀█████
████████▌███▐████
▄▄▄▄█████▄▄▄█████
████████████████
▄▄▄▄▄▄▄██████▀▀
LLBIT
  CRYPTO   
FUTURES
 1,000x 
LEVERAGE
COMPETITIVE
    FEES    
 INSTANT 
EXECUTION
.
   TRADE NOW   
ScamViruS
Hero Member
*****
Offline Offline

Activity: 1750
Merit: 720


Top Crypto Casino


View Profile WWW
September 13, 2023, 07:21:17 PM
 #49

Short term predictions have the tendency of exaggerate the price we may see, however as mistaken as the people that predicted 100k during the previous bull run were, it is very likely that bitcoin is going to reach that price during the upcoming bull run, so the prediction itself was not wrong, the mistake was on the time frame in which they believed such a price could be reached, as bitcoin due to its huge market cap is incapable of moving as fast as it did during the previous bull runs.
Short-term prediction usually gives traders disappointing results, which we have seen many times in the past. During the bull run of 2017 everyone was randomly predicting that Bitcoin would go to $30000, but at that time Bitcoin failed to reach this target and at that time Bitcoin had an ATH of almost $20000. During the last bull run, we saw the prediction of $100k very common in the crypto market, but Bitcoin failed to meet everyone's expectations this time, so once again we saw disappointment among everyone.

So by looking at the past behavior of the market it can be assumed that Bitcoin can hit the $100k target in the next bull market and create a new ATH, as I expect this bull run to be more exciting.

█████████████████████████
████▐██▄█████████████████
████▐██████▄▄▄███████████
████▐████▄█████▄▄████████
████▐█████▀▀▀▀▀███▄██████
████▐███▀████████████████
████▐█████████▄█████▌████
████▐██▌█████▀██████▌████
████▐██████████▀████▌████
█████▀███▄█████▄███▀█████
███████▀█████████▀███████
██████████▀███▀██████████
█████████████████████████
.
BC.GAME
▄▄░░░▄▀▀▄████████
▄▄▄
██████████████
█████░░▄▄▄▄████████
▄▄▄▄▄▄▄▄▄██▄██████▄▄▄▄████
▄███▄█▄▄██████████▄████▄████
███████████████████████████▀███
▀████▄██▄██▄░░░░▄████████████
▀▀▀█████▄▄▄███████████▀██
███████████████████▀██
███████████████████▄██
▄███████████████████▄██
█████████████████████▀██
██████████████████████▄
.
..CASINO....SPORTS....RACING..
█░░░░░░█░░░░░░█
▀███▀░░▀███▀░░▀███▀
▀░▀░░░░▀░▀░░░░▀░▀
░░░░░░░░░░░░
▀██████████
░░░░░███░░░░
░░█░░░███▄█░░░
░░██▌░░███░▀░░██▌
░█░██░░███░░░█░██
░█▀▀▀█▌░███░░█▀▀▀█▌
▄█▄░░░██▄███▄█▄░░▄██▄
▄███▄
░░░░▀██▄▀


▄▄████▄▄
▄███▀▀███▄
██████████
▀███▄░▄██▀
▄▄████▄▄░▀█▀▄██▀▄▄████▄▄
▄███▀▀▀████▄▄██▀▄███▀▀███▄
███████▄▄▀▀████▄▄▀▀███████
▀███▄▄███▀░░░▀▀████▄▄▄███▀
▀▀████▀▀████████▀▀████▀▀
ShowOff
Legendary
*
Offline Offline

Activity: 2618
Merit: 1181



View Profile
September 13, 2023, 07:32:28 PM
 #50

-
Short-term prediction usually gives traders disappointing results, which we have seen many times in the past. During the bull run of 2017 everyone was randomly predicting that Bitcoin would go to $30000, but at that time Bitcoin failed to reach this target and at that time Bitcoin had an ATH of almost $20000. During the last bull run, we saw the prediction of $100k very common in the crypto market, but Bitcoin failed to meet everyone's expectations this time, so once again we saw disappointment among everyone.

So by looking at the past behavior of the market it can be assumed that Bitcoin can hit the $100k target in the next bull market and create a new ATH, as I expect this bull run to be more exciting.

History can still repeat itself in the same cycle, but differences or failed predictions are commonplace. Many short-term predictions fail due to the influence of FUD, but some long-term predictions may be correct.

For the upcoming bullish cycle, I think many people would expect the price of bitcoin to exceed $100k, that's obviously still a reasonable prediction given its history, but something different could also happen. Halving can have a good impact on the price of bitcoin because people take advantage of the momentum to buy, but all of us never know what the next ATH of bitcoin will be after the 2024 halving.

.freebitcoin.       ▄▄▄█▀▀██▄▄▄
   ▄▄██████▄▄█  █▀▀█▄▄
  ███  █▀▀███████▄▄██▀
   ▀▀▀██▄▄█  ████▀▀  ▄██
▄███▄▄  ▀▀▀▀▀▀▀  ▄▄██████
██▀▀█████▄     ▄██▀█ ▀▀██
██▄▄███▀▀██   ███▀ ▄▄  ▀█
███████▄▄███ ███▄▄ ▀▀▄  █
██▀▀████████ █████  █▀▄██
 █▄▄████████ █████   ███
  ▀████  ███ ████▄▄███▀
     ▀▀████   ████▀▀
BITCOIN
DICE
EVENT
BETTING
WIN A LAMBO !

.
            ▄▄▄▄▄▄▄▄▄▄███████████▄▄▄▄▄
▄▄▄▄▄██████████████████████████████████▄▄▄▄
▀██████████████████████████████████████████████▄▄▄
▄▄████▄█████▄████████████████████████████▄█████▄████▄▄
▀████████▀▀▀████████████████████████████████▀▀▀██████████▄
  ▀▀▀████▄▄▄███████████████████████████████▄▄▄██████████
       ▀█████▀  ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀  ▀█████▀▀▀▀▀▀▀▀▀▀
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.PLAY NOW.
TimeTeller
Hero Member
*****
Offline Offline

Activity: 2716
Merit: 588


View Profile
September 13, 2023, 08:28:54 PM
 #51

-
Short-term prediction usually gives traders disappointing results, which we have seen many times in the past. During the bull run of 2017 everyone was randomly predicting that Bitcoin would go to $30000, but at that time Bitcoin failed to reach this target and at that time Bitcoin had an ATH of almost $20000. During the last bull run, we saw the prediction of $100k very common in the crypto market, but Bitcoin failed to meet everyone's expectations this time, so once again we saw disappointment among everyone.

So by looking at the past behavior of the market it can be assumed that Bitcoin can hit the $100k target in the next bull market and create a new ATH, as I expect this bull run to be more exciting.

History can still repeat itself in the same cycle, but differences or failed predictions are commonplace. Many short-term predictions fail due to the influence of FUD, but some long-term predictions may be correct.

For the upcoming bullish cycle, I think many people would expect the price of bitcoin to exceed $100k, that's obviously still a reasonable prediction given its history, but something different could also happen. Halving can have a good impact on the price of bitcoin because people take advantage of the momentum to buy, but all of us never know what the next ATH of bitcoin will be after the 2024 halving.

Besides, 2030 is a long way to go when you talk about this market. 7 years is like forever in crypto.
We will have better prediction on this aspect maybe couple of years before 2030.
However, if you are thinking about your future here, yes, it is good to have plans for your portfolio.
But do remember, when you get involve in this market, make sure your finances are ready to wait for years if you will take the long-term route.
sana54210
Legendary
*
Offline Offline

Activity: 3192
Merit: 1128


View Profile
September 14, 2023, 03:42:15 PM
 #52

Is bitcoin higher market capitalization, a guarantee of a positive market outcome for bitcoin?
Yes it is, the higher the market capitalization the higher the price of Bitcoin will increase because Bitcoin has a fixed supply. If bitcoin supply was been increased like some altcoins that's when a higher market capitalization won't affect the price but since bitcoin keep reducing in circulating supply as more investors are holding instead of trading Bitcoin always on the market, it means we'll be having less Bitcoin available in the market for trading.

After halving, the supply of Bitcoin been mined also get reduced and that means a lesser amount of Bitcoin coming into the market and there's less bitcoin circulating. Don't forget some bitcoin that are been lost as some individuals died without any heir to their investment.
The lesser amount of bitcoin mined everyday is always a good thing for the long term benefit of bitcoin and its price. That means that there could be maybe some higher transaction fee because of it, but at the same time we are talking about a situation where we could make a good chunk of profit from it as well.

The less money is unearthed at a day, means that day must be a lot easier to move higher and that is why most of the time after halvings are done, the price starts to go up. It takes a while because there could be saved some aside, but when those are done, the price starts to go up because otherwise miners do not make a profit and when they do not sell, the price starts to keep growing more and more.
dunfida
Legendary
*
Offline Offline

Activity: 3080
Merit: 1130



View Profile
September 14, 2023, 07:47:43 PM
 #53

Is bitcoin higher market capitalization, a guarantee of a positive market outcome for bitcoin?
Yes it is, the higher the market capitalization the higher the price of Bitcoin will increase because Bitcoin has a fixed supply. If bitcoin supply was been increased like some altcoins that's when a higher market capitalization won't affect the price but since bitcoin keep reducing in circulating supply as more investors are holding instead of trading Bitcoin always on the market, it means we'll be having less Bitcoin available in the market for trading.

After halving, the supply of Bitcoin been mined also get reduced and that means a lesser amount of Bitcoin coming into the market and there's less bitcoin circulating. Don't forget some bitcoin that are been lost as some individuals died without any heir to their investment.
The lesser amount of bitcoin mined everyday is always a good thing for the long term benefit of bitcoin and its price. That means that there could be maybe some higher transaction fee because of it, but at the same time we are talking about a situation where we could make a good chunk of profit from it as well.

The less money is unearthed at a day, means that day must be a lot easier to move higher and that is why most of the time after halvings are done, the price starts to go up. It takes a while because there could be saved some aside, but when those are done, the price starts to go up because otherwise miners do not make a profit and when they do not sell, the price starts to keep growing more and more.
Always the matter of supply and demand in the end of the day on which it would really be just that normal on what prices should really be. Halving events do really lessen up those mined coins and if the demand is there for sure then value increases up but talking up literally on how much coins left to be mined then it isnt really that something big comparing on whats the current actual circulation or mined coins already.
Marketcap for 2030 with Bitcoin? Definitely on trillions but we dont know on how many trillions that it would be. We should only bare in our minds that only a few in the overall population on which do knows about Bitcoins existence or simply talking about less people do still knows about it which means that there's still a plenty of room to grow. Better not to make yourself that too mindful when it comes to price but rather see its potential and its utility which it would really be making yourself that positive when it comes to this. If you do keep mind about the potential price or value on those future years then it would really be just that creating that
sort of stress or might be resulting on getting those bad decision making due to lack of patience or cant wait even more longer.

Captain Corporate
Hero Member
*****
Offline Offline

Activity: 1974
Merit: 575



View Profile WWW
September 14, 2023, 09:45:45 PM
 #54

Higher price would not be really that shocking when you consider it fully. I mean we are talking about a situation that should be improving with time, that's what bitcoin price is all about. The real topic should be if people would be able to wait that long, because I have met with a lot of people in the crypto world and I can tell you that %95+ of them can't or won't hold bitcoin for 7 years in a row. I guarantee you that if you buy bitcoin now, and keep buying some more later on whenever you can, and keep doing that for 7 years without selling? You are going to get a lot richer than your current situation. However, even with this information, most people will not do it.

▄▄███████████████████▄▄
▄█████████▀█████████████▄
███████████▄▐▀▄██████████
███████▀▀███████▀▀███████
██████▀███▄▄████████████
█████████▐█████████▐█████
█████████▐█████████▐█████
██████████▀███▀███▄██████
████████████████▄▄███████
███████████▄▄▄███████████
█████████████████████████
▀█████▄▄████████████████▀
▀▀███████████████████▀▀
Peach
BTC bitcoin
Buy and Sell
Bitcoin P2P
.
.
▄▄███████▄▄
▄████████
██████▄
▄██
█████████████████▄
▄███████
██████████████▄
███████████████████████
█████████████████████████
████████████████████████
█████████████████████████
▀███████████████████████▀
▀█████████████████████▀
▀██████████████████▀
▀███████████████▀
▀▀███████▀▀

▀▀▀▀███▀▀▀▀
EUROPE | AFRICA
LATIN AMERICA
▄▀▀▀











▀▄▄▄


███████▄█
███████▀
██▄▄▄▄▄░▄▄▄▄▄
████████████▀
▐███████████▌
▐███████████▌
████████████▄
██████████████
███▀███▀▀███▀
.
Download on the
App Store
▀▀▀▄











▄▄▄▀
▄▀▀▀











▀▄▄▄


▄██▄
██████▄
█████████▄
████████████▄
███████████████
████████████▀
█████████▀
██████▀
▀██▀
.
GET IT ON
Google Play
▀▀▀▄











▄▄▄▀
gunhell16
Sr. Member
****
Offline Offline

Activity: 1694
Merit: 475



View Profile
September 15, 2023, 03:55:22 PM
 #55

In my honest opinion, maybe what I expect Bitcoin's market capitalization to be in the coming year 2030 is between 1 trillion and 10 trillion dollars. This is my speculation about what will happen from now on after 7 years. But I'm not saying this is what will actually happen.

There are still many factors that can affect Bitcoin, and one of them is its adoption, which will happen in the coming years.
The regulation of cryptocurrencies in different countries and the changing economy as well.

So the perceptions I mentioned it could be higher or lower than that; that's just the simplicity of my assessment.

.
SPIN

       ▄▄▄██████████▄▄▄
     ▄███████████████████▄
   ▄██████████▀▀███████████▄
   ██████████    ███████████
 ▄██████████      ▀█████████▄
▄██████████        ▀█████████▄
█████████▀▀   ▄▄    ▀▀▀███████
█████████▄▄  ████▄▄███████████
███████▀  ▀▀███▀      ▀███████
▀█████▀          ▄█▄   ▀█████▀
 ▀███▀   ▄▄▄  ▄█████▄   ▀███▀
   ██████████████████▄▄▄███
   ▀██████████████████████▀
     ▀▀████████████████▀▀
        ▀▀▀█████████▀▀▀
.
RIUM
.
███
███
███
███
███
███
███
███
███
███
███
███
SAFE GAMES
WITH WITHDRAWALS
       ▄▀▀▀▀▀▀▄▄▄▄
 ▄▀▀▀▀▀▀▀▀▀▀▀▀▄  ▀▀▄
█    ▄         █   ▀▌
█   █ █        █    ▌
█      ▄█▄     █   ▐
█     ▄███▄    █   ▌
█    ███████   █  ▐
█    ▀▀ █ ▀▀   █  ▌
█     ▄███▄    █ ▐
█              █▐▌
█        █ █   █▌
 ▀▄▄▄▄▄▄▄▄█▄▄▄▀
       ▄▀▀▀▀▀▀▄▄▄▄
 ▄▀▀▀▀▀▀▀▀▀▀▀▀▄  ▀▀▄
█    ▄         █   ▀▌
█   █ █        █    ▌
█      ▄█▄     █   ▐
█     ▄███▄    █   ▌
█    ███████   █  ▐
█    ▀▀ █ ▀▀   █  ▌
█     ▄███▄    █ ▐
█              █▐▌
█        █ █   █▌
 ▀▄▄▄▄▄▄▄▄█▄▄▄▀
.
███
███
███
███
███
███
███
███
███
███
███
███
▄▀▀▀











▀▄▄▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.
SIGN UP


▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀▄











▄▄▄▀
Silberman
Legendary
*
Offline Offline

Activity: 2506
Merit: 1333


View Profile
September 16, 2023, 06:03:05 AM
 #56

Higher price would not be really that shocking when you consider it fully. I mean we are talking about a situation that should be improving with time, that's what bitcoin price is all about. The real topic should be if people would be able to wait that long, because I have met with a lot of people in the crypto world and I can tell you that %95+ of them can't or won't hold bitcoin for 7 years in a row. I guarantee you that if you buy bitcoin now, and keep buying some more later on whenever you can, and keep doing that for 7 years without selling? You are going to get a lot richer than your current situation. However, even with this information, most people will not do it.
I have seen this too many times, people deep down know what they need to do to improve their lives but they simply refuse to do it, a clear example of this is losing weight, it is not a mystery that if you want to lose a few pounds you need to exercise and eat in a more healthy way, but are people willing to do it? No, despite knowing how they can improve their health by losing some weight they refuse to do it and instead hope a miracle product will allow them to reach their goals with no effort at all, a circumstance that is suspiciously similar to what happens in this market as people want to invest in shitcoins in order to become rich.
kingvirtus09
Full Member
***
Offline Offline

Activity: 826
Merit: 108



View Profile WWW
September 16, 2023, 03:13:49 PM
 #57

Higher price would not be really that shocking when you consider it fully. I mean we are talking about a situation that should be improving with time, that's what bitcoin price is all about. The real topic should be if people would be able to wait that long, because I have met with a lot of people in the crypto world and I can tell you that %95+ of them can't or won't hold bitcoin for 7 years in a row. I guarantee you that if you buy bitcoin now, and keep buying some more later on whenever you can, and keep doing that for 7 years without selling? You are going to get a lot richer than your current situation. However, even with this information, most people will not do it.
I have seen this too many times, people deep down know what they need to do to improve their lives but they simply refuse to do it, a clear example of this is losing weight, it is not a mystery that if you want to lose a few pounds you need to exercise and eat in a more healthy way, but are people willing to do it? No, despite knowing how they can improve their health by losing some weight they refuse to do it and instead hope a miracle product will allow them to reach their goals with no effort at all, a circumstance that is suspiciously similar to what happens in this market as people want to invest in shitcoins in order to become rich.

He suggested that this might be the case since, despite the fact that there is a significant price drop for Bitcoin every year, the value of Bitcoin continues to rise. However, I have not witnessed a decline in the price of Bitcoin during any of the recent bull runs.

Then, for those who think Bitcoin would climb after a year, everything he said holds true. The sole difference between Bitcoin and mutual funds, in the eyes of the others, may be that Bitcoin is more erratic. I only take notice of that aspect of it.

Ojima-ojo
Sr. Member
****
Offline Offline

Activity: 714
Merit: 429



View Profile
September 19, 2023, 09:21:01 AM
 #58

Is bitcoin higher market capitalization, a guarantee of a positive market outcome for bitcoin?

Yes it is, the higher the market capitalization the higher the price of Bitcoin will increase because Bitcoin has a fixed supply. If bitcoin supply was been increased like some altcoins that's when a higher market capitalization won't affect the price but since bitcoin keep reducing in circulating supply as more investors are holding instead of trading Bitcoin always on the market, it means we'll be having less Bitcoin available in the market for trading.

After halving, the supply of Bitcoin been mined also get reduced and that means a lesser amount of Bitcoin coming into the market and there's less bitcoin circulating. Don't forget some bitcoin that are been lost as some individuals died without any heir to their investment.
That means we are set for a more exciting years ahead with Bitcoin because bitcoin market capitalization have hit ATh multiple time within the last months and this should become a positive sign for a more promising Bitcoin market price in the coming months.


Yes since the bitcoin halven will reduce Bitcoin supply by half, it then means that, bitcoin will be having higher value a guarantee of 2x price as all time, since it current supply will be halfed during the halven.

R


▀▀▀▀▀▀▀██████▄▄
████████████████
▀▀▀▀█████▀▀▀█████
████████▌███▐████
▄▄▄▄█████▄▄▄█████
████████████████
▄▄▄▄▄▄▄██████▀▀
LLBITCRYPTO
FUTURES
[
1,000x
LEVERAGE
][
.
COMPETITIVE
FEES
][
INSTANT
EXECUTION
]██████
██
██
██
██
██
██
██
██
██
██
██
██████
████████████████████████████████████████████████████████
.
TRADE NOW
.
████████████████████████████████████████████████████████
██████
██
██
██
██
██
██
██
██
██
██
██
██████
WatChe
Hero Member
*****
Offline Offline

Activity: 896
Merit: 543


View Profile WWW
September 19, 2023, 09:58:08 AM
 #59

You are correct but sometimes something gets me worried over bitcoin, because as the years goes the more we might witnessed scarcity of bitcoin and at what points? Since because most people do capitalized on this halving and knowing too well that prices changes, this gives people extremely hoping that by 2030 we might see the market in trillion dollars judging from the past historical movement and it has proven to follow its principles that in every 4 years per say we do have a new price changes but we can't give exact value if it could be lower or higher than the previous.

TBH there is nothing we can say what price and adoption Bitcoin will have in 2023. Right now all eyes are on the halving event that is coming up next year. Although it's not confirmed that Bitcoin may rise after havling but there is speculation based on previous halvings.  Price of Bitcoin is very much stable in 25 to 30k window and this tells the story that momentum is building for a bull run. No one wants to miss this piece of cake and thats why the majority are hodling.
kotajikikox
Full Member
***
Offline Offline

Activity: 2380
Merit: 207


★Bitvest.io★ Play Plinko or Invest!


View Profile
September 19, 2023, 11:49:50 AM
 #60

I went on a research on the history of bitcoin, on the process of the research I found out that as of 28 march 2013 bitcoin market capitalization passed $1 billion, which I came to realize if with the high rapid spread of bitcoin global and the introduction of new ways and methods of mining and new traders what is your anticipation on bitcoin market capitalization as of 2030?
I don't wanna jump that fast mate because there are even longer that we need to wait like 2024 halving and the 2028 .
why jump fast in 2030 ? this is not that actually why we have to understand , instead we must develop our trust for the next halving.
why have you asked this? are you planning also to invest for that long term?

Pages: « 1 2 [3] 4 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!