Hey everyone!
Many people following me on social media have asked me if I thought that we could be seeing the total market cap go back to normal and reach 1 trillion dollars USD. I decided to do a little more research and dive deeper by looking at the volume in the past month, week and day. As many of you know the market cap did go down due to some crazy amounts of FUD on top of the healthy correction that was needed. We are currently at $563,324,881,135 on January the 27th 2018. I paid close attention to how the market is been going sideways for the past couple of days now. This is showing that we might have a bull run soon! Or maybe even just a small run but something is bound to happen. If you look closely you can see that we are getting closer and closer to having a big run or small dip again. But from what I have been seeing, the market cap is growing gradually back to where it was before the correction thanks to China using Hong Kong to get more crypto to go around the "Ban". We are seeing less FUD now and more interesting news about how crypto is being adopted worldwide. A good example would be the airport of Brisbane that's trying to adopt cryptocurrency to make traveling by plane a reality. You can read more about it with this link ( https://www.coindesk.com/brisbane-airport-to-launch-in-terminal-cryptocurrency-payments/ ). I think we are still at the very beginning stages of cryptocurrency and it's adoption to the mass and general population. Many believe that cryptocurrency will not grow much more but I show them the 24 hour volume from NASADQ and then I show them the the 24 hour trading volume for cryptocurrency and we are still far from being at the same level of NASDAQ which s good because one day soon enough the trading market for crypto will be worth more then Nasdaq's.
Anyways please leave me in the comments what you guys think of the market cap and also please up vote if you enjoyed so I have an idea of if I should do more of these! Thanks again everyone and see you on the next blog!
(( resteemed! ))
A trillion is a big number compared to the difference between a million and a billion (see video below to hear Tony Robbins explain that)...
That being said, it is entirely possible for the market cap to blow beyond a trillion or two, because of the way these coins have been authored and are being authored. There is no real limit, actually.
Good post!
This video helps explain a trillion:
Thanks for the feedback! And I agree with you anything can happen! This is the wild wild West! @ninjad
for sure. this is the first time I've felt like a 'pioneer' on the internet since the internet itself was moving from text to graphics.
keep up the analysis
Yeah thats true! And will do!
If that actually happened it would be amazing!!! This would change a lot of things and some people would be making some big bucks.
Yes I would for sure have a big impact and people would try to understand it and get into it even more! People are scared but once something is in place and works well everyone will jump on board. @reidiotime