Post
Topic
Board Economics
Re: When and how will Bitcoin reach a trillion dollar market cap?
by
arallmuus
on 22/06/2015, 09:00:31 UTC
after halving in 2024 it will happen !!! 1 trillion dollar market cap of bitcoin

You should stop getting yourself under such delusion because the future is still unclear and halvings will mostly affect miners the most and miners are not the one that controls the price. It will happen eventually if there is a demands on it, otherwise it will be just pure cheap talk no matter how many halvings that we have been through

But recent stats and developements points to a decline in Bitcoin adoption and usage

Where did you get this recent status from? As far as I know the status pointed that we are having more and more transaction also you can check at the block explorer that blocks are averaging on 600kb . Which means that there is only one possible fact for this, more and more people is using BTC and that would be how the marketcap reach higher milestone

The trade volumes are significantly down for the past 6-7 months

Trade volume has nothing to do with adoption or BTC usage. If you want to have a data about this then you should point your view to the number of BTC project that keep on increasing and also BTC transaction as well.