Did you see that Bitcoin just reached its all-time high not too long ago? It's sitting at around $123610, maybe a bit more. Plus, it even outperformed Alphabet (Google).
This is definitely something to celebrate. There's still more to look forward to.
i noticed that quite some minutes ago and of course its a great move in the anticipated price we expected in this Q3. we hope for more height. we need $1.1T market cap to beat the market cap of apple to stand as top 4 instead of this top 5. although i dont know how long it will take btc to achieve that, but lets hope for the best, #upbtc.
Bitcoin doesnt seems to keep amusing one, only when you dont even expect much, it surpass the expectations and achieve a newer all time high. This bull run is just getting start off again in my opinion, this Q3 may end up been the best times in this bull cycle. Now that bitcoin now stands in 4th position, surpassing Apple is not going to be a small push from this point. This may not happen this bull season, but maybe it will happen in the next one. But if it does happen, it is still not something to be too awe about because bitcoin is always full of unexpected happenings like this ones.
While the entire crypto market capitalization is around $4.18T, Bitcoin has got the more than half of its total share in the market with that staggering $2.45T. Having a new ATH of $123,500. We'd definitely see Bitcoin passing through the other tech companies until it's near to gold. It's a dream come true when it's already there and have proven itself that BTC is truly a digital gold. Although this is not a race but we'll see it soon to be at the top of all of these assets categorized by how huge their market caps are.
I agree, likely on the next bull run it will. While Apple could grow more by that time or any other contenders but it's a thing for Bitcoin that every cycle, it keeps growing. Where are those people that have been saying that Bitcoin is a bubble and it's about to burst? hmmmmm...
The Top 3 stocks by market cap are not really that different from each other. So for me, once Bitcoin's market cap reaches above Apple or any other stock from the Top 3, it could easily beat all of them, and Bitcoin will be the second highest asset by market cap after Gold. Just a matter of time.
Well, this isn't the first nor the second time this has happened.
That's right. In this bull run, I think bitcoin can overtake those stocks, becoming number 2, with gold's market cap as the long-term goal, which will be more difficult to beat. I think coming in second would already be cause for celebration. And of course number 1 later on.
Many people used to doubt Bitcoin's growth, saying it was just a temporary trend that would fade. However, Bitcoin has slowly but surely surpassed assets that once seemed so valuable, but now seem very likely to surpass them. Given Bitcoin's current price development, it's very possible that Bitcoin could become the second-largest asset by market cap within a few years, and it might even catch up with gold's market cap, who knows, because anything is possible.
About damn time it gonna overtake APPLE's valuation as well.
Only short 1 trillion which is about 30% from BTC current FDV and 30% gain is a piece of cake for bitcoin if everybody is bullish.
I expect bitcoin to be number 4th asset by the end of the year and that being moderately bullish about bitcoin.
It could've overtaken MSFT as well in no time in my honest opinion.
I think it's fairly safe to say that during the early years of Bitcoin, there are a lot of doubters. Even those early bagholders sold them below market price because they didn't anticipate the massive growth that happen right now.
As for market cap, we are in the bull run, so it's obvious that it's going to break those numbers of some companies and there are even an speculation that we can be high as far as top 2 in this cycle. So everything is possible, it' depends on how big the bull run will be. If we touch a conservative ATH at $150k then good. But there are exorbitant numbers like $180k to $200k++ so that will be huge.
It is no surprise and never doubted that bitcoin will surpass giants like MSFT or NVIDIA to become the world's 2nd largest asset.
The only thing I'm waiting for is the race with gold, but I would be skeptical if someone said bitcoin could surpass gold in the next 10 years. Gold has a market capitalization nearly 10 times higher than bitcoin, and that's not a small gap.
Not to mention, the capitalization value of gold will continue to increase strongly due to the supply being continuously added every year and the demand for gold remains large because of the role gold plays in the economy. Not only are central banks increasing their gold purchases, but demand for gold related luxury goods is also increasing. This makes me think it will take 30-40 years or more for bitcoin to be on par with gold.
Yes, we should slow down as it might take decades to be to get in parity with gold. I know that it's not impossible, but it might take a big of everything in our side. We need a lot of investors in the market, maybe a new set of new ones, or maybe even gold investors switching in the market. But for now, I do agree that this small victory will have to be celebrated by us. Years ago or at least when most of us stays here around 2017, we never thought that this is going to happen. We never see that Bitcoin is possible at $20k, and then at $69k. Now we are looking bigger, like $150k or higher or at least 2.5 of the last all time high. So let's see in the next month or before the end of the year if all of our predictions are going to happen.
It's heartening for us, as the Bitcoin community, that whenever one of these idiots constantly croaking that Bitcoin is a bubble and has no real value comes out, it's heartening that Bitcoin responds to these clowns with a resounding, real-world response.
Yesterday, I was reading an article by one of the idiots who described Bitcoin as worthless. Today, we see this happy news: Bitcoin has reached its ATH at $124k, and more is coming. The next target, we all hope, is for Bitcoin to surpass Apple.
No one can stop these hatters from talking shit about Bitcoin even now its heading for new highs and world is also accepting this as big success in all aspects now after touching this figure of $124K I am expecting in 2026 Bitcoin could be second asset in global world.
In last 15 years many times many things happen, but this community keep positive and always done his best for spreading Bitcoin which is now most talked around financial world this year I am also optimistic about $140K is going to be touched which could be huge success.
Gold is still going to stay at the top but now 2026 surely bring Bitcoin at second spot with most probably price could be double from this because nothing is going to stop this from having these figures.
Oh yes it is just so exciting seeing Bitcoin in the top 5 global market now.
Indeed we are gradually moving to that point in time where Bitcoin really prove itself the asset store of values regardless it volatility overtimes.
It is not a forgotten so soon that the 5th position in the coin market cap has been a trade-by-barter for Bitcoin and the Google (Alphabet). By historical record, April 2023 Bitcoin overtook Google 5th position before Google reclaimed it while Bitcoin has just recently emerged securing over 11% ahead of Google (alphabet).
Let us also not forget so soon that Bitcoin was at the 9th position in the global Market capitalization but gone has come those days to compare Bitcoin to the Saudi Aramco, Silver neither the Mets Platforms by evaluation.
We should be expecting higher volatility while the Bitcoin market price holds some sustainable consolidations. Of course we are seeing more of institutions and public proposals and lot of them buying and already balancing the equation.
Apple at the current rank 4th position with the market Cap valued $3.462T is the next while Bitcoin currently holds a market cap of $2.55T. Let us just see what can outcome at the wrap of 2025 with the prospect of Bitcoin to surpass every other assets in the indefinite future according to Strategy on this link https://cointelegraph.com/news/strategy-michael-saylor-bitcoin-focused-concerns-eth-altcoin-interest
They say trash about Bitcoin could be due to not fully understanding Bitcoin or because they have another agenda to create market panic for their own benefit, just ignore it because Bitcoin does not move based on what they say, it has been proven since the past until now that Bitcoin haters have not been able to prove what they say, because the market moves based on the belief that Bitcoin is a profitable asset, if not, it's impossible for Bitcoin to have come this far.
Today, the movement of Bitcoin suggests that a $130k target for this month is very possible, even more than that.
And that didn't last too long. In less than 24 hours, Bitcoin price suddenly dropped below $120k and was quickly pushed down to 7th place.
Bitcoin is a pretty volatile asset, so I think comparisons like this don't make much sense and we shouldn't celebrate too quickly. I mean, we should wait until bitcoin actually surpasses them, and stays there for a long time and creates some distance, then it's not too late to celebrate. There is no need to celebrate every time bitcoin crosses and the gap is very fragile, because as we all know, bitcoin price is very volatile.
Yes, I pay attention that Bitcoin is translucent at the new ATH at the level of $ 124,474 yesterday August 14.
Top Asset by Marketcap for today Google is again overtaking Bitcoin. If yesterday the Alphabet Marketcap (Google) $ 2,450T, then today the increase is not far from 0.39% and Bitcoin is down the rank as the current price.
This achievement for Bitcoin, does not seem to take long considering the age of other older assets. If to go beyond gold, maybe long.
Yes, I agree. Bitcoin doesn't move according to what these clowns say, whether they truly believe what they say or whether they have other agendas related to inciting panic in the market.
Fortunately, Bitcoin has become far stronger and more stable than to be affected by these claims. Bitcoin is constantly moving forward as we see more large companies and governments joining the Bitcoin club, so we are still at the beginning of the road.
Yeah it broke the ATH and it had a nasty rejection, basically a double top move. It was also accelerated due to the horrible PPI numbers that came out hours later. We also had ETH which was about to break its ATH but it fell short.
I think we will trade sideways until the holidays are over. August is usually a very slow month. For bitcoin and ethereum to have these gains is unusual for August. So I am assuming that Fall is going to be a very exciting time to own both these assets.