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Can bitcoins really makes us rich ?
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[QUOTE="Sotherefore, post: 210787, member: 27033"] Bitcoins was the first cryptocurrency that was invented by satoshi nakamoto in 2009 and ever since then it has grown massively, The all-time high of bitcoins ever since it invention is $69000, the current price of bitcoins is $48000 which really shows there is a progressive depreciation in price of bitcoins generally because of some factors. Bitcoins has the highest market cap in the overall crypto space , it is estimated to be Over 1 trillion dollars . And as a result of this it might really be very difficult to see bitcoins increasing by 100% anytime soon because for this happen we we have to see the market cap of Bitcoin Doubling its current one and this is almost impossible within a short time since it is not easy to double such easily. . At the same time there are cheap and upcoming cryptocurrency with a low market cap , in this case there is a high possibility for you to see these cryptocurrency increasing by 50% to 100% within a short period of time, this is easily achievable because they are able to double it small market cap within a short period of time. Base on the inability of bitcoins to increase by 100% or 200% anytime soon , do you really think bitcoins can make us rich compared to smaller coin with a low market cap ? [/QUOTE]
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