Post
Topic
Board Bitcoin Discussion
Re: Interesting fact: When Bitcoin reaches $100 000...
by
SophieMil996
on 22/02/2020, 10:44:10 UTC
...total Cryptocurrency market capitalization will be at least $2 Trillion.
Many analysts and traders suggest that $100 000 is not a question of IF, it's a question of WHEN.

This means the cryptocurrency market will join the Trillion Dollar club and that is not a small thing.

Stock Market cap: $78 Trillion
Bond market cap: over $100 trillion
Real Estate market cap: $33.3 trillion
Commodities Market cap: $20 trillion
Forex Market cap: $5.1 trillion

This will very likely propel Cryptocurrency to wider adoption.
World will get another Trading Asset along with Stocks, Bonds, Real Estate, Forex, Commodities and such.



4.Probably 3/4 of all bitcoin users HODL their BTC.If there's a big price pump,they will simply start selling their BTC,thus the price will go down.

Wasn’t that even more true when BTC did worth $1,000? But it reached $10,000 anyway….
I think users that HODL are very likely to buy more BTC in near future, and newcomers potential is higher due to larger mainstream  awareness.