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?
Bitcoin is considered to be a virtual currency of the future, possibly in the next few years. Bitcoin will be brought out as a virtual currency to replace the current dollar, But to beat those currencies needs a big startup and high prices.
Having begun, it provokes a chain reaction and will continue until bitcoin has dropped to the level of its first purchase with pizza, or even depreciated. Therefore, investing in bitcoin, you always need to remember about such a sad opportunity. You should always have spare sources of livelihood and always be ready to stop on time.