Re: Will Bitcoin hit a trillion dollar marketcap in the future?
Bitcoin has been on a constant decline in value ever since 2018 started. Most say it has been a result of government regulations, others say that whales are manipulating the market, and some say that it's the result of FUD within the cryptocurrency markets. However, given that Bitcoin was designed to be scarce or limited in supply, it could become much more valuable in the future.
Nevertheless, do you think Bitcoin will hit a trillion-dollar marketcap in the future? How far do you think this is from becoming a reality? I would like to know your thoughts about this.
I believe it can definitely, I mean we know that hitting trillion dollar marketcap for all coins together is not a surprise it can be done with a bull run however bitcoin itself hitting would be a real newsworthy big deal.Nevertheless, do you think Bitcoin will hit a trillion-dollar marketcap in the future? How far do you think this is from becoming a reality? I would like to know your thoughts about this.
I think back when all cryptocurrency market hit the one trillion market the world was not prepared for it, when it happens next the world will be watching, back than most people just either "heard about it" or "checked it out" but none of them were really "in the market" this time around when that happens there will be more eyes on the prices and if bitcoin hits one trillion than I doubt the drop could be as fast as this time around.