How the Bitcoin Market Cap Explains a $1 Million Price Prediction

The Bitcoin market cap plays a key role in making sense of Bitcoin value predictions of $10,000, $100,000 and even $1 million. As of today, the Bitcoin market cap is $3.2 billion. That's 14.22 million bitcoins times $225, the price of Bitcoin on Monday afternoon. That's not a lot of money for a technology that's expected to revolutionize the world of finance. But the way Bitcoin is designed will force the Bitcoin market cap higher as time goes on... Tags: Bitcoin market cap , bitcoin price , bitcoin price predictions , bitcoin value , Bitcoin value predictions , Price of Bitcoin To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2015 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post How the Bitcoin Market Cap Explains a $1 Million Price Prediction appeared first on Money Morning - We Make Investing Profitable .
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