Could Bitcoin's market cap stall at $8 billion forever?

[sinner]

calm your wetness. we're gonna be at a trillion market cap in <10 years.

[Bobsurplus]

November it will be over 16B

You have been advised!

This is confirmed as valid information!

[OgNasty]

I think a market cap of 8-20 billion is appropriate for the current market ($380-$952 BTC).  I think if paypal/ebay/amazon start accepting it, you could make the case for an 80 billion dollar market cap ($3,800 BTC).  If investors begin to embrace the coming ETF and companies like Walmart start accepting it, you could probably make a case for a 200 billion dollar market cap ($9,500 BTC).  If small countries start using it as their national currency and organizations like OPEC use it to price their products, you could see >400 billion dollar market cap (>$19,000 BTC).  I personally think it will continue to grow until it settles in somewhere around an 80 billion dollar market cap for a while.  My $0.02.

[Ibian]

We don't need metoric growth. The recent period of relative stability is a good trend. Volatility is bad if we want bitcoin to become a major meduim for exchange. Also the longer it stays low the easier it is for noew adapters to get into the market. 

Enough with that bullshit already. Major adoption can't happen without the price going up. By the time even 5% of the world uses it the price will be well into 5 digits. Stop seeing the world the way you want it to be and look at how it actually works.

[giveBTCpls]

Bitcoin's market cap is often compared to that of companies like Facebook and Apple. Pushing this company analogy further, isn't it true that many companies have had relatively stable market caps for years to decades? Microsoft's market cap barely changed between 2000 and now. Sony's market cap has been going sideways since 2002. Would it be possible for Bitcoin's market cap to stop growing and stay at the present level forever?

Bitcoin would still continue to exist as an alternative currency for the Internet, of course. And with a stable value, it would be a positive thing in terms of its use as a currency and a store of value.

they're market caps stagnated because of a competitive force taking market share. in 2000 apple made its triumphant comeback with the iPod and then the iPhone. microsoft had nothing to compete. bitcoin has no real competition(no alt coins are not competitive with bitcoin)

This is true tho. And most importantly, Bitcoin has the biggest, most tested and oldest network, with the biggest usage. This is a big plus when you are talking money. You don't want to gamble with that shit. This is more important than a good looking wallet or some gimmick. The only place I see for another coin to have a big spot along with Bitcoin is Monero, or another legitimate anonymous currency for the pirates of the world that want 100% anonimity.

[giveBTCpls]

calm your wetness. we're gonna be at a trillion market cap in <10 years.

That graph is just insane. It's kind of funny how it looks like a skycrapper. Sort of like "please, get up here then jump by not investing in Bitcoin before". 
What do you say about this graph, is the analogy legit for you?


If that was the case, im still wondering what sort of price could we be expecting in 20 years, judging by that comparasion?

[K128kevin2]

I think that people shouldn't focus on the price or even historic data about the market cap. High prices and a high market cap will come naturally as bitcoin use becomes more widespread. In asking when (if ever) bitcoin will reach a market cap of $1 trillion, you have to think about what degree of popularity and adoption is needed to reach this level. The money that will bring the market cap this high will come from consumers using bitcoin and companies accepting bitcoin.

[jubalix]

Crypto's are going multi trillion in today's prices, eg 2.1 ~ 21 T no worries.

Microsoft was just another os/word processor, not a breakthrough.

BTC is money itself and a lot more.

Just one difference is , if Microsoft spends all of its money it has to make it back.

Bitcoin does not the buying power always sits there.

The magnitude of the break through that is BTC is hard to comprehend.

There is no conceivable way FIAT, old style banking, law making, regulation or states will survive as they are now.

[freedomno1]

Someone brought up this wonder from last year
Kevin O Leary on Bitcoin
http://www.cbc.ca/player/News/Business/ID/2375415659/

Time period a year ago price collapsed to 60 dollars from a high of 266

[OgNasty]

I think a market cap of 8-20 billion is appropriate for the current market ($380-$952 BTC).  I think if paypal/ebay/amazon start accepting it, you could make the case for an 80 billion dollar market cap ($3,800 BTC).  If investors begin to embrace the coming ETF and companies like Walmart start accepting it, you could probably make a case for a 200 billion dollar market cap ($9,500 BTC).  If small countries start using it as their national currency and organizations like OPEC use it to price their products, you could see >400 billion dollar market cap (>$19,000 BTC).  I personally think it will continue to grow until it settles in somewhere around an 80 billion dollar market cap for a while.  My $0.02.

As we waive goodbye to the 8 billion dollar market cap, I think my 2 year old valuations and prediction are still spot on.