Post
Topic
Board Speculation
Re: Doubts about 2018 Market cap and Price Predictions
by
btcone111
on 25/11/2017, 11:29:46 UTC
Everyone knows from the january 2017 bitcoin price went up %900 . Only 2017 was really profitable when we look at the time chart.
And everyone thinks  that it will be the same in 2018. But it wouldnt be so easy?

the adoption stages are like this. they are slow at first then they keep speeding up. it becomes faster and faster until it can even reach a nearly vertical state.
right now we are in first stages where it has revved up a little. this can continue for a while.

Quote
Also market cap went up 130 billion$ in one year.
I looked at companies with highest market cap in Stock markets like nasdaq.

market capitalization is a false factor for cryptocurrencies and in my opinion it should not even be used let alone used for comparison among themselves or used to compare them with a company.

it is a term which is *falsely imported* from stocks market into crypto market.

Your phrase is slightly worrying - that reminds me of a bubble that will eventually burst and "kill" a lot of people.
Anything that went up vertically, historically, came down vertically.