Re: Will Bitcoin hit a trillion dollar marketcap in the future?
I can imagine what it would be like when bigger institutions start stepping in and they are beginning to take the piece of the global cake which is what I believe would be the case in the long run, let alone, when we end up hitting the level of mainstream adoption and the real life usage of bitcoin hits some maximal level than what we have now. The thing is that this market sure have the potentials of hitting a trillion dollar market in coming years and that I am hopeful for.
Agree. This could probably happen in the future, as Bitcoin advances in terms of development and mainstream adoption. Serious businesses and companies would become interested in owning a share of Bitcoin's supply, for long term investments. Once the Lightning Network, and several other improvements come into effect, then expect for Bitcoin's market capitalization to become worth trillions of dollars or more in the future.
Since Bitcoin has been the cryptocurrency which brought blockchain technology to the world, everyone would pay close attention to its development over time. As such, if Bitcoin manages to scale successfully to a large mass, then there would be no need to look any further as it'll become the standard cryptocurrency of the Internet. Therefore, people who get into Bitcoin now while the market is on a bull run, would probably become millionaires in the future when the pioneer cryptocurrency's market cap reaches a new ATH. Just my thoughts
