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Author Topic: Bitcoin would currently be the worlds 5th most expensive stock  (Read 2249 times)
calkob
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July 17, 2016, 06:39:45 PM
 #21

I would totally agree and cant wait to see that happen........ Grin
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July 17, 2016, 07:00:00 PM
 #22

This news isn't related with Bitcoin being 5th most expensive stock because 2 reason :
1. Bitcoin is a currency
2. It's weird to compare a currency with stock

Also, the news don't mention bitcoin at all. We supposed to compare bitcoin with another currency or at least with centralized payment service.

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.  Grin

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

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July 17, 2016, 07:00:56 PM
 #23

What are your thoughts

I'm glad we aren't a stock. We are much more than that Smiley
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July 17, 2016, 07:17:07 PM
 #24

This news isn't related with Bitcoin being 5th most expensive stock because 2 reason :
1. Bitcoin is a currency
2. It's weird to compare a currency with stock

Also, the news don't mention bitcoin at all. We supposed to compare bitcoin with another currency or at least with centralized payment service.

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.  Grin

Bitcoin is legal money in majority of/all countries that matters.
In many counties in Europe bitcoin isnt considered a currency.


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

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July 17, 2016, 07:24:33 PM
 #25

This news isn't related with Bitcoin being 5th most expensive stock because 2 reason :
1. Bitcoin is a currency
2. It's weird to compare a currency with stock

Also, the news don't mention bitcoin at all. We supposed to compare bitcoin with another currency or at least with centralized payment service.

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.  Grin

Bitcoin is legal money in majority of/all countries that matters.
In many counties in Europe bitcoin isnt considered a currency.


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.

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July 17, 2016, 07:39:06 PM
 #26

What are your thoughts

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

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.
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July 17, 2016, 08:00:33 PM
 #27

This news isn't related with Bitcoin being 5th most expensive stock because 2 reason :
1. Bitcoin is a currency
2. It's weird to compare a currency with stock

Also, the news don't mention bitcoin at all. We supposed to compare bitcoin with another currency or at least with centralized payment service.

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.  Grin

Bitcoin is legal money in majority of/all countries that matters.
In many counties in Europe bitcoin isnt considered a currency.


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.


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.

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July 17, 2016, 08:01:45 PM
 #28

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?

That means it's very overvalued at the moment

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July 17, 2016, 10:39:20 PM
 #29

What are your thoughts

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

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.
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
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July 17, 2016, 10:52:28 PM
 #30

This news isn't related with Bitcoin being 5th most expensive stock because 2 reason :
1. Bitcoin is a currency
2. It's weird to compare a currency with stock

Also, the news don't mention bitcoin at all. We supposed to compare bitcoin with another currency or at least with centralized payment service.

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 Wink

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July 17, 2016, 10:59:17 PM
 #31

This news isn't related with Bitcoin being 5th most expensive stock because 2 reason :
1. Bitcoin is a currency
2. It's weird to compare a currency with stock

Also, the news don't mention bitcoin at all. We supposed to compare bitcoin with another currency or at least with centralized payment service.

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 Wink

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.
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July 17, 2016, 11:02:30 PM
 #32

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

 
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July 17, 2016, 11:44:12 PM
 #33

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! Cheesy we have all contributed to it.
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July 18, 2016, 12:17:42 AM
 #34

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.

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July 18, 2016, 03:43:17 AM
 #35

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?

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.

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July 18, 2016, 04:53:02 AM
 #36

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?

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.
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July 18, 2016, 06:24:14 AM
 #37

The stock comparison is understandable, strictly from a return standpoint.
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July 18, 2016, 08:24:39 AM
 #38

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?

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.

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^

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July 18, 2016, 08:31:39 AM
 #39

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.

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July 18, 2016, 08:34:22 AM
 #40

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?

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?
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