Post
Topic
Board Speculation
Re: Will Bitcoin hit a trillion dollar marketcap in the future?
by
gudongud
on 04/11/2018, 18:44:10 UTC
I think trillion is really at our grips right now, I know we are at 110 million or so in cap but the price needs to be just about 60 thousand dollars to reach the one trillion marketcap and that is definitely not impossible to reach. I know it will take a lot of time to reach there but it certainly will thanks to both increasing difficulties, halving mining and the dollar devaluation. Combining all of that results with bitcoin getting higher and higher every year. I know it may seem like bitcoin was on the downturn this year but if you check the yearly lowest points this year has been the highest in history. I think reaching 60 thousand dollars will not be a problem at all when the banks and investment firms decide to pour their billions of dollars into crypto space.