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Author Topic: BTC market cap is now $40,000,000,000  (Read 1821 times)
iqlimasyadiqa
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May 25, 2017, 11:03:52 AM
 #21

This is a remarkable achievement. Bitcoin prices and also very high transaction volume. We know right now that people are getting attracted to bitcoin. If so then should the government of a country have started preparing bitcoin as the currency they recognize.
jubalix
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May 25, 2017, 02:44:39 PM
 #22

40B is  drop in the bucket for what BTC can do vs banks and financial mkts.

400B is a good sized company.

get back to me when its 4T~40T, takeing a good chunk from gov/expenditure, financial mkts, banking, gold

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sgravina
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May 25, 2017, 02:53:28 PM
 #23

Right now the Bitcoin market cap is 44.7 Billion.  Mark Zuckerberg is worth 61.9 Billion.  So Bitcoin is worth 0.72 Zuckerbergs.  I predict Zuckerberg parity soon.

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May 25, 2017, 03:00:35 PM
 #24

This is a remarkable achievement. Bitcoin prices and also very high transaction volume. We know right now that people are getting attracted to bitcoin. If so then should the government of a country have started preparing bitcoin as the currency they recognize.

They need to recognize now there is no chance for government because already they are seeing the potential of bitcoin market cap. Large market in the industry bitcoin is the currency where it is accepted by every government.
Febo
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June 02, 2017, 08:57:04 PM
 #25

Right now the Bitcoin market cap is 44.7 Billion.  Mark Zuckerberg is worth 61.9 Billion.  So Bitcoin is worth 0.72 Zuckerbergs.  I predict Zuckerberg parity soon.


Seems Bitcoin is worth only Bitcoin is worth 0.64 Zuckerbergs now.   We seems to move closer to half Zuckerberg then reach a Zuckerberg parity.
freedomno1
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June 03, 2017, 06:05:13 AM
 #26

Noooice (Well slightly less than 40 billion again) That said that is a good market cap
Zuckerberg is laughing all the way to the bank but the Winkeveli are going to get the last laugh ^^

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ASHLIUSZ
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June 03, 2017, 07:33:15 AM
 #27

Right now with the current price we have reached the quoted market capital. This could change depending on the price varying with respect to time. Also the entire coins as calculated is not yet mined, so this will increase much higher when the entire bitcoin gets mined.
South Park
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June 04, 2017, 06:41:20 PM
 #28

Meaning, it's still only worth a fraction of what a tech giant is. (~500B range)
Yes but bitcoin is not like any of those projects, bitcoin is not only a project but money so its potential is way higher than any of those companies, that does not mean bitcoin is going to materialize that potential, but the potential is there and for those that believe in bitcoin that is a number that indicates we must invest even more since there is a lot of room to grow.
cryp24x
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June 04, 2017, 07:14:18 PM
 #29

Just you wait and Bitcoin will be more than zuckerbergs worth.  Bitcoin is just starting, has not even reached 25% of global saturation, there is a lot of room for this currency to grow so I bet just a few years from now Bitcoin will be double of what Zuckerbergs worth.
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June 05, 2017, 04:28:24 AM
 #30

BTC to 10K is a given now inmho

BTC Market cap to 1T ~ 21T also looks pretty likely.

ETH will make FB be measured in fractional VB's

FB = 0.25 VB.

I wonder how Zucks, Gates etc feel about ETH, BTC takeing over the IT market as to value, I mean FB, Google, MS, oracle are going to be side shows a sort of negligible rounding error in about 10 years, and there is nothing they can do about it as open source is not compatible with there money making model.

They could have made a crypto some years ago....but it appears all the "smart" people in SV/IT missed the impact and importance of cryptos.

Cryptos arrange society/the world.

FB de-(rranges) social interactions, MS produces and OS that arranges some software to run, google arranges searching ok some value there.

2025 Here is my copy os windows 95, now give me a house for that.....see how that's not going to work. vs

Here is my BTC I purchased in 2011 for $5, give me house....ok and here is you x 100K change.









 

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The_Dark_Knight
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June 06, 2017, 04:34:02 AM
 #31


And less than two weeks later we are once again past the 2800 per bitcoin and the market cap is at 46 Billion, how big do you think it is going to be the market cap at the end of the year? My prediction is we are going to see a market cap of 57 Billion at the end of the year.
BrewMaster
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June 06, 2017, 04:59:11 AM
 #32

2025 Here is my copy os windows 95, now give me a house for that.....see how that's not going to work. vs

Here is my BTC I purchased in 2011 for $5, give me house....ok and here is you x 100K change.

if you want to compare at least you should compare bitcoin to stock/share of these companies not the product.. like saying here is a Microsoft share that i bought in 95, give me a house!

also i don't get what e.t.h had to do with anything that you just jammed it in your comment here Grin

There is a FOMO brewing...
The_Dark_Knight
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June 08, 2017, 03:01:34 AM
 #33

2025 Here is my copy os windows 95, now give me a house for that.....see how that's not going to work. vs

Here is my BTC I purchased in 2011 for $5, give me house....ok and here is you x 100K change.

if you want to compare at least you should compare bitcoin to stock/share of these companies not the product.. like saying here is a Microsoft share that i bought in 95, give me a house!

also i don't get what e.t.h had to do with anything that you just jammed it in your comment here Grin
I don’t think the comparison is fair either can you imagine someone that bought microsoft shares back in the seventies or the eighties, while I don't like microsoft products because  I think they are overpriced, there is no doubt that microsoft is a very valuable stock.
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