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Author Topic: McDonalds has the same market cap as Bitcoin!  (Read 356 times)
hulla
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June 20, 2018, 10:53:35 AM
 #41

Bitcoin is a baby in a big world!
Bitcoin is not as big as people think!

You can't directly compare the McDonald's share to Bitcoin. Because the vast majority of the McDonald's shares are held by the promoters and they are not free-float. The volume of shares available for trading is much lower than the total supply. That is not the case with BTC.
To top it up. We both know that bitcoin market cap is much than this before and McDonald was supported by the government, regulators and SEC while bitcoin is/not gaining their support. However, do you know the level of negatively, price manipulation, challenged and the FUD bitcoin is facing which lead to it dump in price and cap.

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jamesashmore1964 (OP)
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June 20, 2018, 10:56:10 AM
 #42

Bitcoin is a baby in a big world!
Bitcoin is not as big as people think!

It is true, the Bitcoin market is smaller like a baby than the larger McDonald's market, but Bitcoin's record at the end of last year can not be solved by the current McDonalds. This proves that Bitcoin can compete in the stock market.
of course bitcoin can compete in the stock market, the increase in bitcoin value last year it became the biggest jump in the history of bitcoin. we hope in this year all that can be repeated in this year that leaves half of the year.

At the moment it not playing out how you describe!
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June 20, 2018, 11:02:08 AM
 #43

Comparing of this two, i think they are not the same you know why McDonalds are legal it is license to the government while bitcoin is not legal because of itself decentralization and its not license to the government in short  we call this illegal economic activity.

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June 20, 2018, 11:06:41 AM
 #44

Absurd, come on! Bitcoin deserve a much higher Market capitalisation!
if those whales stop to dump all the goddamn day!!
we need another boost from long term investors!
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June 20, 2018, 11:08:35 AM
 #45

Do not miss just such a time, how many years McDonald's and how many years of bitcoin, and see how many times in 2 to 3 years the capitalization of bitcoins will exceed the capitalization of McDonald's
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June 20, 2018, 11:09:27 AM
 #46

Bitcoin is a baby in a big world!
Bitcoin is not as big as people think!
You are right that bitcoin is not as big as what people think but remember all great things comes from a small beginning, bitcoin has a bright future as a currency as an asset.
 
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June 20, 2018, 11:13:21 AM
 #47

Bitcoin is a baby in a big world!
Bitcoin is not as big as people think!

It is pretty obvious that there is no need to compare this two thing you have mentioned above. They are totally different from each other. On the other hand, bitcoin is as powerful as people think. And, It will  also double the worth of mc donalds in the near future.

 
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Fire316
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June 20, 2018, 11:17:28 AM
 #48

   McDonalds is too old comparing to bitcoin market cap. It means bitcoin as a digital currency is great than a known company that already build years ago. Bitcoin is just a baby in comparing that company and it means bitcoin will grow more and has a bright future in the years to come.
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June 20, 2018, 11:18:33 AM
 #49

Bitcoin is a baby in a big world!
Bitcoin is not as big as people think!
bitcoin grows from year to year through the process. can you explain the similarities or differences of bitcoin and McDonalds? thank you
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June 20, 2018, 11:21:24 AM
 #50

It's true for now bitcoin is still like a baby, but I think bitcoin has a very fast development in the financial world and I believe that bitcoin will be great in the future.
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June 20, 2018, 11:32:49 AM
 #51

Bitcoin is a baby in a big world!
Bitcoin is not as big as people think!

Its true based on what you are comparing with in terms of value of bitcoin and even there are some several not too known companies whose value could be more than the total amount of ETH or any popular crypto currency that we are all 'crazy' about. But beyond that, when value are being ascribe to certain items, its not only about the quantitative factors alone but other ground breaking barriers that are being met on a daily basis.

Today, several personalities are talking about bitcoin, Bill Gates will make comments and would be reported in the news, World Bank will make statements about bitcoin and lives will be touched, governments, regulatory bodies, experts, entrepreneurs etc but I have not read about McDonald being referenced to with so much relevance. I know that there are several countries that McDonald does not have outlets but I also know that all over the world with the exception with those without internet, bitcoin has touched more lives and continues to do that more than what McDonald would be able to do now or in the future.
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June 20, 2018, 11:56:01 AM
 #52

The difference between the two is that McDonald's bring something 'physical' for our short-term consumption while bitcoin prepares us for the 'future' by keeping our money intact even with the severe inflation happening all around us. Bitcoin has a long way to go, and with the positive reception from the IMF, among other countries, I can say that bitcoin has somewhat proven itself on some of the most well-known financial institutions. The market capitalization alone doesn't speak much, tbh, but to be ranked with one of the most known companies, I'd say it's pretty impressive to say the least.

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June 20, 2018, 12:03:01 PM
 #53

This is mind boggling to see and comprehend.

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August 18, 2018, 04:55:10 AM
 #54

Bitcoin has a long way to go, and with the positive reception from the IMF, among other countries, I can say that bitcoin has somewhat proven itself on some of the most well-known financial institutions. It means bitcoin as a digital currency is great than a known company that already build years ago. Bitcoin is just a baby in comparing that company
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