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Market Cap - All time high 120 Billion

Discussion in 'Cryptocurrency, Finance, & Gambling Discussion' started by 70i, Aug 8, 2017.

  1. 70i

    70i Forum Addict
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    Market Cap - All time high 120 Billion

    Bitcoin is also at an all time high at $3400. I think cryptourrency over time will continue to increase. There's a lot money in the world compared to the amount in cryptocurrency. It has many advantages over standard currencies and will continue to be developed with technology. Agree/disgree?

    Global Charts | CoinMarketCap

    Note, I'm not saying the market won't take a dive. Bitcoin was $1800 just 3 weeks ago. Specifically saying I don't think there will be more than one or two 5 year periods where the market cap is negative in the next 50 years.
     
  2. Godzhell

    Godzhell Formerly known as Gold247
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    Market Cap - All time high 120 Billion

    agree, we are still in early days for cryptocurrencys
     
  3. kc

    kc Retired Gambling Addict
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    Amazing milestone, next stop 200b.
     
    Last edited: Aug 8, 2017
  4. Erza88

    Erza88 Forum Addict
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    Bitcoin is $4000 dollars now, this is insane!
     
  5. 70i

    70i Forum Addict
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    Market Cap - All time high 120 Billion

    Yeah there's a lot of new people getting into crypto. Market cap is at 135 Billion. I see good times for a while.
     
  6. Erza88

    Erza88 Forum Addict
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    I know, this is insane! I can see bitcoin surpassing $10000 no problem at this rate
     
  7. 70i

    70i Forum Addict
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    It could happen that's how it's been trending.
     
  8. Erza88

    Erza88 Forum Addict
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    I honestly don't see a $150b market cap on bitcoin as being too unreasonable at this point, hopefully it reaches that point and hits $10000.
     
    Last edited: Aug 13, 2017
  9. Erza88

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    I'm just speculating though, anything can happen! We'll see.
     
  10. 70i

    70i Forum Addict
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    Market Cap - All time high 120 Billion

    It's not unreasonable Bitcoin is only 49% of the market cap it was 80% in March. Unless Bitcoin Cash starts to deliver I don't see anything taking over Bitcoin right now.
     
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