Hello steemians
will crypto marketcap go over 100 Billions$?
Market is ready to crack some record this week.
Even if such short term event isn't what really matter, and it's just another common number in crypto history, still 100B$ is quite a milestone to enjoy.
Fundamentals are here, crypto will free the world from authoritarian governance and give us back financial freedom.
Bitcoin is the bank of unbanked people, the safe heaven from currency inflation, negative rates and economical growth funded by debt schema.
Since 2006 the six biggest central banks have printed 13 000 billions$ and worlwilde debt rose by 70% or 100 000 billions$
Is Bitcoin in a Bubble?
Maybe a better question should be:
Are centralized currencies really valuable to hold long term?
Central banks around the world are printing from nothing 140 Billions$ monthly compared to 40 Billions$ bitcoin valuation it doesn't look hyperinflated to me.
We should ask ourselves, are we talking about a weekly, monthly or yearly bubble?
Because if we zoom out and look long term , Bitcoin and crypto currencies are far away from mass adoption.
Only new insvestors looking for a cheap entry price and short term speculators care about daily price fluctuation. Long term holders, users of the technology and true believer don't care much.
"Bitcoin has become a foundation of a new economic system that is changing the way the world looks at finance internationnally"
http://www.altcointoday.com/not-bubble-investors-start-recognize-bitcoins-power/
When you let your money in banks you win close to zero nowadays, but you still loose purchasing power each year due to inflation.
In the new era of negative rates, investor and simple person are looking to let their money work for them and not for banks.
Debatably in some aspects, Bitcoin and cryptocurrencies could be compared to Gold as digital and deflationnary version of it.
Historically Gold has protected wealth,
Should we expect the same for the digital version?
Don't be fooled by daily price fluctuation noise , we support a life changing technology and it is only the beginning.
Links:
http://www.investopedia.com/news/central-banks-13-trillion-problem/
http://igold.co.il/reasons-to-invest-in-physical-gold-and-silver-bullion-bars-and-coins-in-israel/
I think it'll go higher than $100B
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Yes, it will not only cross 100 Billion but will reach 200 Billion very soon....
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Hello, i will do a blog post probably tomorrow to show what we could expect as valuation in the future.
Agree 200 billions could be very soon :)
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Great.. will wait for your post.....
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100 Billions$ is just the beginning :D
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I think it will get a lot higher.
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Yes, it grows expanentionally
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+1
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I think it will reach more
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I don't think it is unreasonable to expect cryptocurrency to take over a third of the economy in 5 years.
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Yes,very valuable post.But it can be hit more
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Agreed, only the beginning!! Someday we may reach a trillion.
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i am eagerly waiting for that day...
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I just hope I can get my peice of the action. With a 20k bankroll I'd be happy to double my money in the next year . Im not greedy lol.
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if you hold strong, have decent entry prices and you diversify in solid projects i am sure you will reach your target.
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With so many projects on the go it seems like I would be better off starting my own coin lol. But thanks for the info.
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Good morning, I've followed you and I see you make a good post congratulations, follow me and we help each other
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You are right man, there are infinite possibilities at the cryptomarket. Just to remember: Taxation is theft!
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Building a HUB! One stop destination for all cryptocurrency news from quality and well-known sources for the CryptoFans. Please join https://t.me/whatsoncrypto
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100 Billion is coming very soon, the question is how much higher can it go??? I feel as though the answer will blow all our minds! Thank you for this post it was very informative! Find out more about me here, Click the icon below.
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Next Jump
https://steemit.com/bitcoin/@salahuddin2004/bitcoin-will-retest-20-k-before-30-march-2018
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thanks for this post :)
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