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.
As a trusted financial system, Bitcoin currently has a variety of extraordinary attractions, which is why Bitcoin has a very high level of fluctuations and it is greatly influenced by price manipulation by some people or groups that have a large amount of money . Looking at the available data, I feel more suspicious of manipulators because they have a tremendous impact on Bitcoin price movements.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.
In the future Bitcoin will have tremendous strength in the global financial system. So it is therefore not impossible that Bitcoin will reach a trillion dollar marketcap. We will face the digital era and Bitcoin is the first step towards that.