30 Trillion Market Cap? - Limerick
A billionaire investor thinks the market cap will reach 30 trillion in the future. This could happen but for now I am looking for a nice bull run to get us out of the 7k range for bitcoin. We will see.
Can the bulls pull such feats,
such crypto candy treats,
market cap to 30 trill,
can afford any bill.
And lambo filled the streets.
We will see. I think it might be a slow few months though.
Here is the link:
https://www.ccn.com/cryptocurrency-will-become-a-20-trillion-market-billionaire-bull-mike-novogratz/
i think it will take some time
It will rise, because it is in its veins , it is slow but progressive.
I agree with you @mudasirfarooq because the world we are in now deals much on marketing with different either coin or gold. It now depend on how bitcoin works it out.
Its inevitable. Once mainstream adoption of crypto starts to shift people out of fiat and into crypto, the money is going to start rolling in. The thing is, who knows how long this shift could take? We could see a 10 trillion market cap by 2019 or it could take 10+ years. Who knows?
Regardless, anyone who isn't in crypto today will be kicking themselves once it gains mainstream adoption. I hate thinking about the fact that I was aware of Bitcoin when it was around $1, I had disposable income, and I never bought ANY. Hindsight though, right?
It's probably more a case of when than if.
For me, the big question is whether we're out of the "wildly speculative" phase (where coins can triple overnight) and into the "new tech growth" stage where the market steadily increases 50-100% a year without too many insane swings back and forth. Like the NASDAQ between 1974 and 1999... from 275-ish to 5500-ish; 20-fold increase in 25 years.
This seems odd because think of what will happen if SO MANY PEOPLE would become rich.
Nobody would be doing the work