Quote from: Netnox on May 14, 2019, 03:18:42 PM

Quote from: Siren on May 14, 2019, 01:02:34 PM

Quote from: Wayan_Pedjeng on May 14, 2019, 12:34:05 PM

If this rally takes us to 10K, then the Bitcoin market cap will be around $180 billion.

When was the last time that you checked the market?or are you joking?bitcoin price now sits at $8,000 and the capitalization is $240 billion already so what more if this reached $10,000?

He is correct and your calculations are wrong.

$240 billion is the combined market capitalization for all the cryptos (BTC + alts). In case the Bitcoin exchange rate climbs to $10,000 per coin, then the Bitcoin market cap will be $180 billion ($10,000 x 18 million coins).

Yeah sorry my bad,and I am stand to be corrected,I missed the part of the word Bitcoin market Capitalization
And that point it will be the same as mid December price of 2017 before we hit the highest Value of almost $20,000

Quote

But I am not sure whether the Bitcoin dominance will remain unchanged. The alts are making a big comeback. XRP is up by +26% today.

But XRP is -1% now so this prove of the volatility of the cryptos,but you might be right since the domination of bitcoin in the last weeks are now being divided as altcoins are growing now and having a greening market while bitcoin is subsiding slowly

But I will not stop holding until we hit $10,000 bitcoin price before Q2 ends