Post
Topic
Board Bitcoin Discussion
Re: How far can Bitcoin go?
by
Mokter
on 27/04/2018, 16:55:39 UTC
How far can Bitcoin go guys? If the the Market Cap currently is $219 000 000 000, can Bitcoin ever be worth $200 000 000 000 with this market cap?

I am just curious, is the Bitcoin (or any coin) price caped by the Market Cap? Or the finite number of fiat money in the world?
Can a coin be worth more than it's market cap or can the value of a coin be equal with it's market cap if it's intensively traded/used?
I am not sure what the price of the coin will stop at. Maybe the coin will be a million dollars each, that would make 21 million people millionaires if they all held a single coin.

Same here.We can not predict the future of bitcoin accurately. But as far we can understand, it has huge potential. Therefore limiting future price of bitcoin would be a wrong prediction. Bitcoin may go limitless.