Quote from: davis196 on January 06, 2018, 07:07:17 AM

Quote from: Hydrogen on January 05, 2018, 11:15:08 PM

This might sound ridiculous but there is a chance market cap isn't truly increasing.

What we may be seeing is a shift of market cap from fiat to crypto currencies. Crypto's rising market cap might better be described as a paradigm shift whereby wealth is shifting from traditional fiat currencies and the economies they represent. If the world's markets and economies are dwindling and growing less wealthy over time, that might be explained by the world's wealth being shifted into bitcoin instead.

What we may be seeing is bitcoin gaining value as people abandon the world's markets and fiat currencies and choose to pour their wealth into bitcoin/crypto, instead.

You say that the market cap isn`t increasing,but you explained how it did increased,actually. Grin

It doesn`t matter that the people redistribute their wealth from other assets into cryptocurrencies.This is still the main reason for the crypto market cap increase.
A market cap is like a bubble, it doesn`t matter if it`s about cryptocurrencies or stocks.It`s not real value,it`s about people`s perceptions about the price of some asset.It might grow to 5 trillion dollars,or it might fall to 100 billion USD.I believe that the market cap will be above 1 trillion USD,this year,but i can`t predict anything more.

I don't believe with bolded lines you said. Market cap can't be measured by just a perception of people. It has a real value, why? Because dollars are converted in order to but cryptocurrency or stocks.

In the current situation of cryptocurrency, all I can say that 1trillion usd can hit with this year but if the bear market will continuously go. The probability of hitting the target cap is impossible.