How much is a bitcoin network worth?

If a hypothetical network of 10 people is worth $100, then when the network hits 100 people, it will be worth $10,000, and 1,000 members will bring it up to $1 million. More than 100 million people have about $1 trillion stored in the Bank of Bitcoin. What’s it going to take for the adoption curve to continue? Not much, actually.

What happened to bitcoin?

Bitcoin was trading at about $11 at the time of the first halving in November 2012. It then peaked in December 2013 to about $1,100 -- an increase of almost 10,000%. From the next halving in July 2016, Bitcoin's price rose from around $650 to a new high in December 2017 of just under $20,000 -- almost a 3,000% gain.

Will BTC hit a $2 trillion market cap?

BTC price breaking through the $100,000 ceiling and hitting a $2 trillion market cap will pave the way for mass adoption and large institutional investment. Follow me for more valuable crypto content. The Bitcoin network really hasn’t been around very long — about 12 years.

Is bitcoin rising to infinity?

Celebrity investors like Chamath Palihapitiya and Mike Novogratz tell anyone who is willing to listen that Bitcoin will inevitably exceed $100,000 per unit in value. Other Bitcoin advocates claim the price is rising “ to infinity ” — or a global market cap of $100 trillion.