Bitcoin crosses $10B market cap again
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Bitcoin crosses $10B market cap again
1–10 of 62 posts
Re: Bitcoin crosses $10B market cap again
#2$10B down, a few trillion to go.
Re: Bitcoin crosses $10B market cap again
#3Surpassing Western Union's market cap.
Re: Bitcoin crosses $10B market cap again
#4Also bigger than Twitter.
Bitcoin has maybe 3 million users (maybe). Twitter has 300 million. I'm investing in both, and I wonder how much Bitcoin would be worth at 300 million users. The network effects are going to be fun to watch
Re: Bitcoin crosses $10B market cap again
#5Surpassing Western Union's market cap.
I've seen this comparison a lot but I have no idea what the significance is. Why does this matter?
Re: Bitcoin crosses $10B market cap again
#6Re: Bitcoin crosses $10B market cap again
#7This is inevitable as everyone saw what happened at the litecoin halving last summer (if you don't pay attention to such things, it was a massive spike then dump).
Re: Bitcoin crosses $10B market cap again
#8A lot of this has to do with unease within the Chinese economy. Gold is also being bought around the same clip, and long term bonds have yields that are plummeting despite a possible rate hike.
Re: Bitcoin crosses $10B market cap again
#9There is question as to whether this is even real, or just Willybotted up. This article is from March, but it hasn't stopped: http://www.bitcoinfuturesguide.com/bitcoin-blog/reminder-chi...
What happens if you try to cash in at these prices? There's no actual demand, so the price flash-crashes: http://qntra.net/2016/06/mere-265-bitcoin-sell-causes-flashc...
Re: Bitcoin crosses $10B market cap again
#10This is inevitable as everyone saw what happened at the litecoin halving last summer (if you don't pay attention to such things, it was a massive spike then dump).
So I take it you bought loads of bitcoin a few weeks ago?