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[AudraMiller]

There is a lot of news articles that is surrounding the market capitalisation of Bitcoin especially as it is able to reclaim the previous one trillion dollar Mark that it had at the start of this year. However according to many of the financial analysis and the crypto analyst it seems that this is just the tip of the iceberg as they predict that the Bitcoin market cap could actually reach as high as 50 to 150 trillion dollars. This is a massive increase from what we are seeing at the moment and if bitcoin has to reach this value then it is understandable that the price of Bitcoin will have to rise in order to facilitate this. Do you think that this is possible at this point in time or do you think that it will happen many years into the future? Personally I am of the opinion that bitcoin will rise to this value as the companies and countries start to legalize and adopt bitcoin into the financial infrastructure therefore increasing the demand.

 

[Wisdom01]

I think it's possible for bitcoin to reach $50million dollar in market cap value , because of the development going on the coin ,with more investors investing in the project

 

[AudraMiller]

I think it's possible for bitcoin to reach $50million dollar in market cap value , because of the development going on the coin ,with more investors investing in the project

The key to bitcoin reaching this value is that it has to be able to be adopted into various financial infrastructure in order to increase the demand and associate use of the various coin as well. That will be the key deciding thing that will help fit in achieving these milestones.

 

[Wisdom01]

The key to bitcoin reaching this value is that it has to be able to be adopted into various financial infrastructure in order to increase the demand and associate use of the various coin as well. That will be the key deciding thing that will help fit in achieving these milestones.

Although if more development is actually imposed and implemented on the coin frame work ,I believe it would get to that range easily, Bitcoin have lot of potential

 

[btaliat]

Bitcoin has a lot of potential, no doubt about that but I think setting that outrageous target for bitcoin may be somehow hard to achieve even in 5 years time.