Quote from: BartS on August 20, 2018, 09:16:38 PM

Quote from: totol05 on March 10, 2018, 01:16:53 AM

"Cryptocurrency market could hit $1 trillion this year with bitcoin surging to $50,000, experts say"
Hopefully, it will come true!!!

That is probably not going to happen this year, the market cap is just above 200 billion dollars so the price of everything will need to go at least 5 times up in the last 4 months of the year and while we have seen this market doing weirder stuff than that at the same time something needs to cause that huge growth, and even if the ETF was approved, something that seems very unlikely to me, that is not going to be enough to cause such a huge bull run.

No I do not think this can happen.Cryptocurrencies are down from a long time now and there is no sign of recovery as the prices are not rising.The demand of cryptocurrencies are also decreasing due to the fall in price.Cryptocurrencies are also getting banned in some nations too.The investors are suffering from losses.This process will take a lot of time.For this to happen the whole world must be in these cryptocurrencies as demand and supply forces play an important role in determining the prices.