Quote from: pitiflin on September 18, 2018, 04:04:10 PM

Quote from: OmegaStarScream on September 18, 2018, 02:59:46 PM

Just like the price, the marketcap is not really important. It actually means nothing and It's much lower then 100B If we take in consideration the lost and untouched coins.

What you really need to look into to know If we're progressing or not is the number of ATMs, services, local shops etc. that accepts bitcoin and how are they growing over the months.

Yeah adoption ain't gonna happen, definitely not when people think of it as an asset. Because of that mindset, the price matters, the "marketcap" markets.

Market cap is a statistic, as useless as this: http://www.joe-ks.com/archives_feb2004/Useless_Stats.htm

So it's totally unimportant if you ask me.

I think, more time the better, bear markets don't last forever, the longer the price stays above a certain point, the more people will regain faith in the price and will start opening up new positions.