Bitcoin Forum

According to https://financesonline.com/top-10-most-expensive-stocks-in-the-world-from-chipotle-to-berkshire-hathaway/ and many others if bitcoin was a stock it would come under the 5th most expensive at current prices.

Surely its just a matter of time before investors see the potential in bitcoin and we could end up at no1 on that list. What are your thoughts, and could bitcopin ever be shared on the stock exchange to compete with these top trading stocks?

I'm not someone who is into the financial industry and if the stats are true ... then it is really good. I am sure a lot of investors will find Bitcoin a potential investment in times to come. Hopefully that Bitcoin price will go up high but still remain low for normal people like me to invest in. :).

Doesn't say much. I add more value to the market cap of Bitcoin and stocks instead of just comparing the exchange rate where they being bought and sold at.

It's still possible many trading sites and financial institutions are now looking on the potential of bitcoin in the market who knows tomorrow we'll see it on listed on the top trading stocks ,that would be a big boost in the crypto currency ..

This is exciting news for bitcoin.Bitcoin has a huge potential and unlike other stocks,you dont nedd to be market expert to invest in bitcoin

Well I won't be surprised if this happens. Bitcoin keeps gaining popularity and a lot of people have started embracing it as a way to be paid and get paid. Besides, there are already a lot of company investing in Bitcoins which has only increased it's value the more.

i think that would have been great. bitcoin can surely compete with all those stocks that are listed in the link you provided and it would be the 8th one but i don't think it is all about the price only. it is about popularity and trust too. many are scared of bitcoin for some reason!!

It can be number one once the people realize its potential. We are far away from that from the moment as if you take in consideration world population , people who have access to internet from the world population, people that know and use bitcoin are extremely few in numbers. That's why I say we are far from that day for the moment.

or you can price it in satoshis and it becomes the world's cheapest stock. this is grasping gone a little too far. and it ain't a stock either.

Basically that. These kind of articles don't have much value and are mostly published due to a lack of better news.

Stock prices from time to time will get split into smaller pieces as the stock becomes too expensive per single unit.

Exactly the same can be done with Bitcoin. If you take 1mBTC for example, then it won't even be on that list.

Just for a second, let's pretend that Bitcoin has reached the nr1 spot in that list, then what? It won't change anything.

ease of access are the hallmarks of bitcoin. This is the opportunity for people to more often use bitcoin. power use bitcoin is already very large. bitcoin this opportunity to enter into one of the strengths of the world's financial system.

Tbh imho this is a terrible comparison.

Positive news, I believe we will be no 1 in close future. Bitcoin is going forward and its just a matter of time before bitcoin enter in some serious companies.
People ask what if become no 1, what then? Its unique promotion, people will see it and they will invest their money in bitcoin and block chain. Why there is difference when song is no 1, people listen that song and you can hear it on every station. That why is good to be no 1 on the list in this world.

Belive me investors see the potential in bitcoin. The problem is trust issue. They have no idea how bitcoin will scale, because it is new idea, an experiment first of its kind.
Stock and securities are known for over 100 years so it is natural that investors know everything abut stock market ant its nuances. But Bitcoin is like enigma for most of old investors.

Yes, I think they already see and knew the potential of bitcoin but of course they need some time to research and think about it before taking a risk. There is a big possibility that they are considering bitcoin too, especially because some big companies accepted it already. Really just a matter of time imo.

Well regarding on bitcoin becoming the world's 5th most expensive stock, as you mentioned if it was a stock, but it's not. Another thing is that, I don't see something about bitcoin on the link you provided, it's just all about that top 10 most expensive stocks.

this is very interesting to me to see all these stocks and price of bitcoin in comparison with them. because i always have this big question in my mind about why bitcoin is not so much bigger than the current situation. i mean it is so much better than all those stocks in the list and it has been improving over the years. so i don't get why not?!

What kind of nonsense is that? Qualifying a stock as expensive just because a single share of the company is priced at a few hundred dollar is totally misleading. Expensiveness of a stock has to be determined based on its total market capitalization compared to the economic performance of the underlying company. The ranking is also wrong, since there are numerous less popular stocks on regional exchanges and in other countries that have higher share prices but were not considered for the ranking. Besides that being number one in that ranking doesn't mean anything - the company can still go bankrupt.

I also don't see the point in relating Bitcoin to this ranking. Bitcoin is a currency and an asset class of its own. It would be a great relief for me to see all those trader type speculators leave, because all they want is generating more fiat junk money - they don't care about Bitcoin as a free decentralized currency.

ya.ya.yo!

it's a totally different beast. you can't really compare them. stocks have been around forever and more people understand them. they're a huge part of the whole global economy.

bitcoin's just getting rolling and it has a whole world to convince. stocks have already won.

Bitcoin are being perceived as a commodity and a store of wealth, and not as a currency by most countries. This is exactly the problem at the moment, because if these countries accepted Bitcoin as

a legal currency, more merchants would accept it as legal tender. Bitcoin has been the best performing currency for the last couple of years to, and that says a lot more. If we look at both of these

aspects, Bitcoin is outperforming others as a stock and a currency.  ;D

Bitcoin is legal money in majority of/all countries that matters.

I would totally agree and cant wait to see that happen........ ;D

In many counties in Europe bitcoin isnt considered a currency.

Also the link in the OP is wrong. I know of a couple of stocks worth +1000$ that arent on the list

I'm glad we aren't a stock. We are much more than that :)

Please tell me in which europe country that matters bitcoin isnt considered legal money.

Of the top of my head. Denmark, Sweden and Norway does not consider bitcoin money. I never said that they consider bitcoin illigal but its not a currency.

i was happy to be seeing people pointing out that the comparison with stocks is not good. then even more happy to see your quote. indeed bitcoin is much more than stocks.

In denmark bitcoin is unregulated, norway considers it capital property and sweden says it is a currency for tax purposes.

Even though you are kind of right in denmark and norway they are in no way economies that matters on the world stage.
Im thinking about countries like the USA, Japan, Germany, UK, France and similiar.

That means it's very overvalued at the moment

yeah, bitcoin is way better than stocks and i think that bitcoin is going to have a way brighter future than the stocks have right now and i think that it will make us all good money

Yes, but maybe they compared the value of bitcoin to some stock value per share. Now bitcoin is @670 and continue to rise. Unlike stock, bitcoin is a currency that anyone can owned ;)

They are indeed comparing the prices of stocks with Bitcoin, but as also has been said before, there is really no point in comparing high stock prices with the price of Bitcoin. Bitcoin and stocks are operating in a completely different league.

i cannot wait to see when bitcoin will replace a lot of markets, in this way i will manage to make some good money with the bitcoins i already have, i hope i will be rich

This is nice. I can't see BTC making it into the markets though, because the anonymity is exactly what bothers the governments, the leaders of this world. In short time, which means an year or so, it could be the No. 1 stock in the world, but with just one condition: to make us somehow loose our anonymity when we are using BTC (they can surveil us, I am 100% sure they can), but that would mean the end of Bitcoin.

Congrats, guys for contributing to bringing this currency among the top 5 in the world! :D we have all contributed to it.

Bitcoin's market cap and the daily transactions matter more than the price in my opinion. What good is a high price if there was not really anything meaningful behind it? So it's not really a comparison that will say much.

you can't really compare bitcoin with stocks especially not with those stocks in the list. for example stock of "Amazon.com" belongs to a legit and huge company that we all know and can easily decide that it is a good company even if you don't have any information you can easily see this.
but bitcoin is not like that, it doesn't belong to a company and has no physical form which makes it hard for average joes to trust and invest in it. also it is still so young compared to those.

Just the IT/OIL companies have a market value which exceeds the market cap of bitcoin. In the future the market cap of bitcoin will grow, sure.
But if you have a look at the market cap right now, this is not a fact.

The stock comparison is understandable, strictly from a return standpoint.

Banks are supposedly the most legit companies and the money they have are also just digital on private ledgers. These banks have many investors and the people trust them, because they are backed by the governments. The problem with Bitcoin is, it is not 100% controlled by governments and this bothers a lot of investors. They need control and legislation to protect their wealth, and Bitcoin is still within that grey area, if you not working within the regulated environment. < Exchanges > ^hmmmm^

as for me, it doesn't matter at all, if you're on crypto, you already knew that it is the bitcoin that makes that world go round and if you're on stock, it's based on your preception on what is the real status. guess it's not a matter.

Is this really exciting or just too scary. Yes popularity will come but when there is a stock there is a share. Shares mean shareholders who will be owning parts of bitcoin. Now , is it still exciting?

it would have been so great for bitcoin if more people (investors) look at bitcoin more like an investment and just like those shares. although I believe that bitcoin is so much more than just an investment and it is offering so much more as a currency too.
but it takes time to reach a more stable and suitable state for more investors to feel safe to invest in bitcoin, so maybe in the future we will see bitcoin in lists like this.

I am not really surprised, given the value of bitcoin as it is now.
However, bitcoin is not really a 'stock' as far as I know but it is constantly being traded, bought, and sold and I believe it will be keeping on happening until bitcoin reaches a stable price levels. That stable price might be very much higher levels and must be possible after some 50 or more years.

Yes I also thought like that, that might not be a bitcoin a share. But such a bitcoin digital currency that can be obtained and to some people. If the bitcoin became a stock, then I think it will be a destruction for bitcoin. Because for sure there will be a profitable stock party rules

But if you talking about stocks, the lowest unit you can use and trade is one Satoshi, or hundred million cheaper than you expected. Seems Bitcoin and its Satoshi stock unit is cheapest stock in the world instead.

At least it is my understanding stocks cannot be divided anymore, it has to be the lowest tradable unit.

But the funny thing is the banks are intruiged with bitcoin as a protocol and as a decentralized ledger. By just recognizing that can be considered a win for bitcoin. Satoshi must have done something right if they are considering using the technology for their own needs. It will stay relevant for at least a decade more.

I think your right i think once the snow ball gets rolling we will see massive investment in bitcoin.

It just needs some Recognition more!And it will be possible!We just have to do our best to show around the world a little more!
And i think this is the right time to make people join us. Because of the price rising..

i agree, there is always a lot of popularity coming to bitcoin because of the rise, because the media will start talking about bitcoin nonstop and that is the best thing that can help the adoption of bitcoin.

Yes it is that potential that traders go crazy about bitcoin. It is also the best thing I love about bitcoins. Sooner or later bitcoin will become the center of attention in the world if trading and the crypto economy will be very lively at that time. Bitcoin being number is not just a potential but a reality that is already on the making.

Bitcoin is destined to become a super stock, sort of like Berkshire Hathaway tier A stock. Just for the record, here is how the all time graph of BRK.A looks like:

http://fm.cnbc.com/applications/cnbc.com/resources/files/2014/08/12/Berkshire-Hathaway-Class-A-Close_chartbuilder.png


This is how the all time graph in Bitcoinwisdom.com will look like in about 10 years. Too bad most people can't see it, but we are going to 100k+ per BTC.

and awareness is the key for many investors to come and trade bitcoin, this news is relatively correct
and almost or most of us are anticipating we all got lucky to have it while many are still learning  how
this investment work, thanks OP for sharing this.