Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: Tilbrook007 on April 09, 2018, 01:29:01 PM



Title: Bitcoin market cap is the same as General Electric’s
Post by: Tilbrook007 on April 09, 2018, 01:29:01 PM
BTC make a lot of headlines but in the big scheme of things it is worth the same as one lousy company on Wall Street.
I believe in BTC but the negativity and lack of direction by governments are killing it: So sad!


Title: Re: Bitcoin market cap is the same as General Electric’s
Post by: ene1980 on April 10, 2018, 11:45:52 PM
BTC make a lot of headlines but in the big scheme of things it is worth the same as one lousy company on Wall Street.
I believe in BTC but the negativity and lack of direction by governments are killing it: So sad!
You are comparing a company that is listed in the exchange much longer than the age of bitcoin and it is not a good way to compare things, this is a new market and you have to understand how the market has come up till this way in a much shorter period, this market is less than ten years old and you want to compare it to more than a century old market. ::)