Post
Topic
Board Speculation
Re: BTC is over $9,000,000,000 in market capitalization for the 1st time in months
by
nururochac
on 11/07/2016, 15:45:00 UTC
It's amazing, as I write we're experiencing incredible numbers. Let's hope the uptrend continues!

June 3 update: having reached $576 per BTC, market capitalization has touched $9,000,000,000!
Look at the price we all know that this is impossible and it is not going to happen, we should be more realistic here and focus on what really can happen.
I am hoping for the value to be $1000 which is pretty realistic but some people on here hope for miracles.


Kind of like the many miracles that have happened in Bitcoin? What about the two miracles in 2013? Reality has shown that what really can happen in Bitcoin in a time frame of only 12 months is a 5,000% increase in price

If the Core team release the 2MB block size increase and the SegWit as agreed in the Hongkong meeting, the price will rise a lot.

They promised to release it in the July. So the price could rise a lot in the next 20 days, we will see.
All are still allegations, putting word IF still on a process of deciding if it will happen or not. Things will be better if they release the 2m block size increase but even if they it will still be better for bitcoin because that's not the only thing that makes the bitcoin's price rise, the demand has a big role too.