CryptoCurrency Market Cap Nears $90 Billion - What's Next?

Once a fringe notion, cryptocurrencies are now a fact of life, and the value of the market is increasing daily. While Bitcoin accounts for almost half the value of the market, the other $45 billion is divided among hundreds of lesser-known currencies from those you may have heard of like Ethereum and Litecoin to others like RonPaulCoin and HealthyWormCoin that you likely have not.

One called 42-coin only has 42 coins in existence and is valued at even more than Bitcoin on a per-coin basis as a result.

While it may be too late to get in on the ground floor, as it were, and turn pennies into millions over just a few years, there is still virtually unlimited potential for growth in the cryptocurrency market. While $90 billion is a lot of money by most standards, it's still relatively small compared to the $1.5 trillion in US currency which is circulating right now.

It only took three weeks for the cryptocurrency market to double to its current high and two months for the prior doubling. Could it happen again in a matter of weeks or even days? It's certainly possible.

One day we may look back on $2,800 Bitcoins the way folks are looking back at $100 Bitcoins today.

No one can predict the future with absolute certainty, but betting on cryptocurrency has paid off big for early adopters and—in the big scheme of things—it's still early in this new frontier. There's still a whole lot of money to be made. Will some of it be yours?