Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: MrSpasybo on February 19, 2021, 08:14:40 PM

Title: Bitcoin capitalization surpasses $1T
Post by: MrSpasybo on February 19, 2021, 08:14:40 PM
Bitcoin continues to hit a major milestone: for the first time in history, Bitcoin's capitalization surpassed $1,000,000,000,000 = $1T!
Not long ago, we celebrated the milestone when the total crypto market cap surpassed $1T, today we celebrate the same milestone dedicated to Bitcoin.

(https://i.imgur.com/ipoRtU9.jpg)

Perhaps now all doubts about the value of BTC have been resolved. We can confirm that BTC is digital gold!
Compared to the $10.6T gold market cap, Bitcoin's $1,027T market cap is still less than 10%, but that means the opportunity for BTC remains enormous.

Do you think BTC will keep the $1T above capitalization stable? And how long will BTC keep this capitalization?
Title: Re: Bitcoin capitalization surpasses $1T
Post by: Bitstar_coin on February 19, 2021, 08:42:05 PM
Btc is going crazy now so this new capitalization will soon be a thing of the past because the price will keep growing and there will be new capitalization,  I guess all the new investment from institutional investors are reflecting in price indeed.
Title: Re: Bitcoin capitalization surpasses $1T
Post by: Pheonyx on February 20, 2021, 02:52:33 AM
Wow. What a huge success of bitcoin against gold considering it is just a decade in the market. Now we can't cannot tell how far bitcoin can make for the long period of time if this is how bitcoin is dominating the market.
Title: Re: Bitcoin capitalization surpasses $1T
Post by: Malam90 on February 20, 2021, 02:13:12 PM
For the first time in the history of cryptocurrency, Bitcoin just reached $1T marketcap which is amazing to see and good for the crypto lovers. :)
Bitcoin has entered into top 8  Assets by Market Cap (https://companiesmarketcap.com/assets-by-market-cap/) surpassing Facebook, Tesla, Tencent by marketcap.
Title: Re: Bitcoin capitalization surpasses $1T
Post by: Freemind on February 20, 2021, 02:26:46 PM
Which cryptocurrency will be the next to hit that mark?. Ethereum, Polkadot, Binance Coin?. We are facing a historic moment and I am sure that this has only just begun. HODL your coins!. Once again those three words show us the importance of being patient.
Title: Re: Bitcoin capitalization surpasses $1T
Post by: CriptoLH on February 20, 2021, 04:49:07 PM
Looking at the rise in the price of bitcoin is breathtaking. I did not expect that bitcoin's capitalization would reach $ 1 trillion so quickly. And the entire crypto market following bitcoin shows growth especially eth, bnb. This year will be exciting for the cryptocurrency.
Title: Re: Bitcoin capitalization surpasses $1T
Post by: trauchot on February 20, 2021, 05:53:04 PM
While the entire cryptocurrency market and bitcoin are growing, the capitalization of bitcoin will grow, but when the correction of the entire cryptocurrency market and bitcoin will begin, the capitalization of bitcoin will certainly fall, but after the correction, bitcoin will reach new heights and, of course, the capitalization of bitcoin will also grow to new heights.
Title: Re: Bitcoin capitalization surpasses $1T
Post by: Anonylz on February 20, 2021, 06:12:01 PM
It will go even higher before year end, the price speculation of btc is 100k plus so very likely to see a higher capitalization in near future.
Title: Re: Bitcoin capitalization surpasses $1T
Post by: sugarchrisp on February 20, 2021, 09:04:31 PM
This is a real rocket, here we are not far from 2 trillion, I think everything is possible in 2021, projects have recently been impressive! Do you think we can overcome 2 trillion in 2021 in bitcoin or is it a long road?
Title: Re: Bitcoin capitalization surpasses $1T
Post by: MrSpasybo on February 20, 2021, 09:36:31 PM
Quote from: Freemind on February 20, 2021, 02:26:46 PM
Which cryptocurrency will be the next to hit that mark?. Ethereum, Polkadot, Binance Coin?. We are facing a historic moment and I am sure that this has only just begun. HODL your coins!. Once again those three words show us the importance of being patient.
In terms of capitalization, Ethereum is expected to hit $1T if ETH's price peaks during this bullrun ~ $8.8K. However ETH still has a long way to go, I think ETH2.0 needs to launch soon to support ETH.

Quote from: sugarchrisp on February 20, 2021, 09:04:31 PM
This is a real rocket, here we are not far from 2 trillion, I think everything is possible in 2021, projects have recently been impressive! Do you think we can overcome 2 trillion in 2021 in bitcoin or is it a long road?
According to the price & scarcity chart, the potential for BTC in 2021 is $100K, in some cases it can be pumped to $120K, thus the BTC capitalization could reach $2T.
However the fear index is also very high, I'm afraid we won't see $2T anytime soon.
Title: Re: Bitcoin capitalization surpasses $1T
Post by: Malam90 on February 21, 2021, 03:15:33 AM
Quote from: sugarchrisp on February 20, 2021, 09:04:31 PM
This is a real rocket, here we are not far from 2 trillion, I think everything is possible in 2021, projects have recently been impressive! Do you think we can overcome 2 trillion in 2021 in bitcoin or is it a long road?

Agree. Nothing is impossible. The present situation leads the market towards that path. It reached $5k to $58k within one year, so why not for the rest of 2021, i think it's possible to hit 2T by  marketcap. If BTC can hit $2T, definitely it one of the 4th highest assets by marketcap. https://companiesmarketcap.com/assets-by-market-cap/
Title: Re: Bitcoin capitalization surpasses $1T
Post by: ashraf786100 on February 21, 2021, 03:54:42 AM
Considering how much bitcoin's success against gold has been in the market for just a decade. Now we can't say how far Bitcoin can go if bitcoin dominates the market in this way.
Title: Re: Bitcoin capitalization surpasses $1T
Post by: aiviaa485 on February 24, 2021, 02:28:33 AM
Quote from: MrSpasybo on February 19, 2021, 08:14:40 PM
Do you think BTC will keep the $1T above capitalization stable? And how long will BTC keep this capitalization?
There is no way that Bitcoin will be stable in its marketcap because the price of Bitcoin is always changing every time and this will definitely change, I also checked the Bitcoin marketcap when making this thread and it has changed to $ 912,410,178,967.
In less than 1 month, the marketcap of Bitcoin has changed, maybe today it is decreasing or tomorrow and the day after that the marketcap of Bitcoin has returned to 1 T USD. Who knows ?