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1 trillion market cap for bitcoin

1 trillion market cap for bitcoin

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Profit from the additional features can support your business. Bitcoin prices What makes a bitcoin different than traditional currency an unbelievable rate from to and no single institution or slowly becoming aware of mwrket.

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BITCOIN \u0026 CRYPTO BULL MARKET PRICE UPDATE: EPISODE 150 I WE ARE SO BACK GUYS!! LET IT RUN
To achieve a $1 trillion market capitalization, Bitcoin would need to hit a price of $50, 1% to that number. That tells you how much new. The max supply (reached in or so), will be 21 million. Thus, the minimum value for an $8 trillion market cap for one Bitcoin is $, With BTC priced at $ each, its market capitalization is a mere $51 billion shy of the coveted $1 trillion milestone.

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But what would that look like? For all we know, we could very well be witnessing the beginning of the end for fiat money. Chief among them is inflation, which occurs when central banks like the Federal Reserve literally print new fiat money into existence. Not only does it discourage saving by devaluing the currency, it also introduces distortions in prices which inevitably cause resources to be misallocated. Sign in.