Cryptos VS Apple

[tvplus006]

Bitcoin is not a company but considered to be as an asset by most of its holders so the actual competitor for bitcoin in the market capitalization should be gold right.

Gold has a capitalization of approximately $12 trillion, which is currently 20 times the capitalization of bitcoin. Even if the bull run continues, it will take a very long time for BTC to match the capitalization of gold. But given the fact that the capitalization of BTC has been declining recently, this goal is becoming increasingly unattainable.

[zanezane]

Gold has a capitalization of approximately $12 trillion, which is currently 20 times the capitalization of bitcoin. Even if the bull run continues, it will take a very long time for BTC to match the capitalization of gold. But given the fact that the capitalization of BTC has been declining recently, this goal is becoming increasingly unattainable.

We just have to trust bitcoin market and see to it that we will be there when it reaches that market cap. People back then wouldn't believe that bitcoin would reach a trillion dollar market cap but look at bitcoin now, it did touch it meaning that there is a possibility that it will surpass it too someday.

[mindrust]

Gold has a capitalization of approximately $12 trillion, which is currently 20 times the capitalization of bitcoin. Even if the bull run continues, it will take a very long time for BTC to match the capitalization of gold. But given the fact that the capitalization of BTC has been declining recently, this goal is becoming increasingly unattainable.

We just have to trust bitcoin market and see to it that we will be there when it reaches that market cap. People back then wouldn't believe that bitcoin would reach a trillion dollar market cap but look at bitcoin now, it did touch it meaning that there is a possibility that it will surpass it too someday.

I agree. Bitcoin can easily make another x100 from here and surpass Gold's market cap by ten folds. When that happens the battle between gold and bitcoin will be settled forever. Gold will lose its little monetary value there is and it will become a common dirt like copper.

Just keep holding and buy more.

[elisabetheva]

Gold has a capitalization of approximately $12 trillion, which is currently 20 times the capitalization of bitcoin. Even if the bull run continues, it will take a very long time for BTC to match the capitalization of gold. But given the fact that the capitalization of BTC has been declining recently, this goal is becoming increasingly unattainable.

We just have to trust bitcoin market and see to it that we will be there when it reaches that market cap. People back then wouldn't believe that bitcoin would reach a trillion dollar market cap but look at bitcoin now, it did touch it meaning that there is a possibility that it will surpass it too someday.

if you look at the current market cap difference, it is indeed very far away, the closest when bitcoin has also increased quite sharply, and even then the difference is 12 times and of course if you look at it it will probably be difficult to happen, moreover both are also increasing and there will always be a difference. especially now it has become 20 times the difference in the market cap.

but seeing the developments experienced by bitcoin which continues to increase sharply it could happen but it might take time and obviously there will be a long time difference that can happen, again in crypto it is quite strange sometimes it is difficult to predict and can experience a sharp increase but can also drop sharply.

[zanezane]

~

I agree. Bitcoin can easily make another x100 from here and surpass Gold's market cap by ten folds. When that happens the battle between gold and bitcoin will be settled forever. Gold will lose its little monetary value there is and it will become a common dirt like copper.

Just keep holding and buy more.

I don't necessarily agree with the part regarding gold being a common dirt if bitcoin has surpassed in a really large margin, I am pretty sure that gold will still find a niche market and people will always find gold as precious as it was discovered as hundreds of thousands of years ago, we are like birds, we like shiny things or at the least we find it entrancing.

[tvplus006]

I agree. Bitcoin can easily make another x100 from here and surpass Gold's market cap by ten folds. When that happens the battle between gold and bitcoin will be settled forever. Gold will lose its little monetary value there is and it will become a common dirt like copper.

I have not yet met such bold forecasts, in which the price of bitcoin was estimated in millions of dollars. It is possible that someday the price of BTC will increase to $1 million, as John McAfee predicted. And the next ATH price will reach $3 million, as you predicted)

[leea-1334]

if you look at the current market cap difference, it is indeed very far away, the closest when bitcoin has also increased quite sharply, and even then the difference is 12 times and of course if you look at it it will probably be difficult to happen, moreover both are also increasing and there will always be a difference. especially now it has become 20 times the difference in the market cap.

but seeing the developments experienced by bitcoin which continues to increase sharply it could happen but it might take time and obviously there will be a long time difference that can happen, again in crypto it is quite strange sometimes it is difficult to predict and can experience a sharp increase but can also drop sharply.

The familiar path of altcoins. They rise so fast, and then everyone is talking about Bitcoin dominance dropping and alts move up quickly on coinmarketcap/gecko.

Then we see the hype fade. Hands drop bags,,, devs start doing trashy influencers.

Supply for alts never changes but burns. Prices dump.

Bitcoin wins:)

[lixer]

Today i realize the current market capitalization of the cryptos passes the Apple market capitalization... This is crazy because Apple is the company with the biggest market capitalization, and to see the cryptos market bigger than apple just means that bitcoins and cryptos are a bigger company even if it's decentralized.

I know the current market capitalization can have a hard drop in the future, but right now is impressive to see it over $2T.

It is nice to see that the cryptocurrency market has been growing and the market cap keeps getting huge everyday, as of today that I checked it is $1 Trillion. But, I think comparing the whole cryptocurrency market cap to Apple’s market cap is kind of unfair lol. If you’re going to be comparing it, then it should be one cryptocurrency market cap to Apple’s market cap, and currently none of them can match with it.

But, I believe that bitcoin will be the first to reach that level before any other cryptocurrency. It’s not going to be an easy feat to achieve, but it’s likely to happen.

[wxa7115]

...
Apple is still doing well as long as they will be able to provide better products and development it just happen that bitcoin popularity and adoption hits too high now especially that crypto includes plenty of projects in it that helps many businesses or individual in their job or investment. Many investors from stocks already shift in crypto for wide variety of choices to trade which are actively have volumes.

I don't think Apple is providing better products... The differences between the old iPhone and the new one aren't big at all and the fact that the new phones come without charger talks really bad about the company. And they still sell their products overpriced, if they have right now this market capitalization is because they steal to their customers. They don't want to fix a hardware problem they will tell you how to buy a new one is the right way to fix the problem. And that isn't ethical at all.

At least when Jobs was alive even if the products were overpriced you knew you got quality as he was adamant about that aspect of his company, but like happened the first time he was forced to leave Apple the company lost its edge and soon enough the company was in trouble and it was not until he returned when the company flourished again.

But now this is not possible as he is gone, which is a shame as he died from cancer but he refused to take the recommendations of his doctors and paid the highest price possible for this decision.

[newdevices]

there are similarities in both, yes about technology, apple and crypto are both in the same category,
of course the future needs both, and maybe in the future crypto and apple will need each other,
crypto will need apple as a place to store crypto assets, yes crypto wallet, because the wallet must be installed on the device,
and the device is Apple, very interesting isn't it?

[CryptopreneurBrainboss]

I know the current market capitalization can have a hard drop in the future, but right now is impressive to see it over $2T.

Well did that last, it wasn't right from the onset with your comparison. The recent raise in the marketcap of the crypto market has alot to with hype then actual development and adoption happening. Lets not forget the success of dogecoin saw many new meme projects coming into the space and that obviously brought in new money which many won't stay long as a dump will chase them all away just as it's currently doing.

A more accepted comparison would had been comparing Apple market cap to that of Ethereum since both are a company (platform). Comparing it to that of bitcoin won't had still been approximate as both aren't in the same category. Bitcoin is more of a currency than an asset, it been used as an asset is just an additional benefit due to the scarcity of her supply.

[Fivestar4everMVP]

Sorry but I think this comparison isn't fair, crypto is far different from Apple, first, crypto is not a company, Apple is, Apple is a centralized company owned by one or group of persons while crypto is a decentralized network where any body, and I mean absolutely anybody can build on, there's no way you compare this two without being biased, and the unfairness will always fall on the lower entity which in this case is Apple.
If you wanna be atleast a little fair in your comparison, then compare a single coin like bitcoin or Ethereum to apple and not the entire crypto market, in crypto, everyone and anyone can contribute to the growth of its market capitalization but in Apple, only the owner(s) can, I think you understand what I mean now.