Today my overview is about the expected market capitalization of Bitcoin. Next, let's take a look at a new retail payment system for Ripple XRP and other topics.
Chris Burniske is a partner of the venture capital firm Placeholder VC. Over Twitter, Burniske has now announced its forecast for the future market capitalization of Bitcoin. It was based on a chart showing the market capitalization of the crypto currencies at the end of the year from 2013 to 2018. From this overview, Burniske deduced that Bitcoin would reach a market capitalization of $ 1 trillion in the next bull market.
Looking at the top 10 cryptoassets at the end of each year makes me think #bitcoin (blue) gets to $ 1 trillion on its own in the next bull market. pic.twitter.com/75YaGesYxR
– Chris Burniske (@cburniske) April 20, 2019
Further, Burniske pointed out another circumstance. So show the graph that the other cryptocurrencies would slowly catch up on Bitcoin. Especially since 2017, these “dwarfs”, according to Burniske, have experienced rapid growth spurts.
By comparison, at the peak of the last bull market, Bitcoin had a market capitalization of just over $ 330 billion. Currently, the capitalization of the king of cryptocurrencies is approximately $ 93 billion. To reach Burniske's projected market capitalization, the price of a bitcoin would need to rise to about $ 56,000.
XRPL Labs has tested its new point-of-sale system called XRPayments. The mobile app allows merchants to accept payments in cryptocurrencies. The owners of the coins, however, send their funds through the XRP Tip Bot. The field test was conducted as part of a local meeting in Amersfoort in the Netherlands. At the meeting, participants paid for beer with Ripple XRP. The platform proved that the transactions were executed almost immediately.
Buying beer with $ XRP !!!!!
I have DREAMED of this day! @ mvdb01 used the @xrptipbot and the payment was faster than I could adjust my camera to view the app on his screen! @WietseWind & @XRPLLabs are superheroes! #XRPCommunity pic.twitter.com/iMaH6y76jk
– Tiffany Hayden (@haydentiff) April 20, 2019
The current blog entry “Week in Ethereum” has been published. This week's edition is about Ethereum 2.0. In addition, the author highlights a number of platforms based on Ethereum, such as 0X and Dharma.
Litecoin founder Charlie Lee has an interesting vision for Bitcoin. In an interview with Wharton University, he said:
“I believe that in the future, we will use cryptocurrencies in everyday life without realizing it.”
Next he explained:
“When Bitcoin really becomes as ubiquitous as money, it has to be easy to use. This will be very different from our current usage. Who knows which devices we use then. It could be that you spend Bitcoin and buy things without noticing. Maybe it's not even called Bitcoin. It could just be called “money.”
The Tron Foundation has released a new app. This app is intended for the Ledger Nano S and Ledger Blue crypto wallets. With the update, both wallets now support Tron-based TRC20 tokens.
The latest installment of the podcast “The Cardano Effect” is online. This episode deals with the IOHK Summit 2019 in Miami, USA. The guest commentator is computer scientist Duncan Coutts. Also included are guests from other Cardano projects. These include, for example, the blockchain consultant Vasil St. Dabov, who deals with sustainability issues.
Author: Peter Joost – Source Post: https://www.kryptovergleich.org/investor-geben-bitcoin-btc-prognose-von-1-billion-usd-ab-plus-ripple-xrp-ethereum-litecoin-tron- and-cardano-news /
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