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 seriously believe that bitcoin is going to hit 1 trillion dollars one day in market capitalization. I also believe that we are still at the early stages of cryptocurrencies development. If we keep moving the ways it has been we are going to hit trillions in around 5 to 8years to come. I know many people that have said good things about cryptocurrencies and those things are going to come to pass one of this days. 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.