Bitcoin Surpasses Meta and Mastercard

Tytanowy Janusz

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Quote from: Aanuoluwatofunmi on January 14, 2023, 06:13:16 AM

Bitcoin moves ahead Mastercard and Meta

Its not the first time. It was way above Mastercard and Meta during bull run. Bitcoin ATH marketcap was at $1.24T - more than current amazon and google marketcap. I don't think that this "news" needs to be announced. We just pumped to 20k after dump from 69k to 15k. Its nothing big so far. A rally to 40k would be impressive so far its just a relief rally.

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Quote from: Jating on January 14, 2023, 06:26:36 AM

For a full list you can check this link:

https://coinmarketcap.com/largest-companies/

We are in the 20th spot, just ahead of Walmart and Tesla, but below JP Morgan and NVIDIA. And on top, Apple, MicroSoft, Google and Amazon.

20th spot for such a young product on the market is not bad! Now imagine how the world will take crypto if it can sit any where among the top 5... its going to be something the world can't ignore anymore and I expect panic buying for fear of missing out on the new gold.

Aanuoluwatofunmi

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Quote from: Jawhead999 on January 14, 2023, 06:32:11 AM

Shame on how people want to create good news about Bitcoin due to recent small pump, reaching $370 billion in market cap isn't new for Bitcoin.

Actually 2 years ago Bitcoin already reach $1 trillion market cap [1] and if I'm not mistaken Bitcoin already reach top 10 among the highest market cap assets [2].

Which mean Bitcoin market cap is actually 3x times lower from 2021 (of course it's because Bitcoin price is decrease for 66%), so it's not a good news to be honest if we compare from the last ATH.

[1] https://www.globaldata.com/data-insights/financial-services/bitcoins-market-capitalization-history/
[2] https://companiesmarketcap.com/assets-by-market-cap/

You're actually right because if we are to channel it from the angle of the highest peak bitcoin price has ever attained then we could say this is nothing but just a warning up compared to the rate it has attained when we had the all time high when bitcoin was about $69,000 but let's consider it from this perspective as well ever since the recent down trend and how long it has maintained the zone of $15,000 to $19,000 low, this new emergence is a sign to trigger it pull out of the low it has been for a while and of course during these periods many of the international organizations has outsm before while it was low before now when it begins to regain back it hold against them in the market cap.

Jawhead999

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Shame on how people want to create good news about Bitcoin due to recent small pump, reaching $370 billion in market cap isn't new for Bitcoin.

Actually 2 years ago Bitcoin already reach $1 trillion market cap [1] and if I'm not mistaken Bitcoin already reach top 10 among the highest market cap assets [2].

Which mean Bitcoin market cap is actually 3x times lower from 2021 (of course it's because Bitcoin price is decrease for 66%), so it's not a good news to be honest if we compare from the last ATH.

[1] https://www.globaldata.com/data-insights/financial-services/bitcoins-market-capitalization-history/
[2] https://companiesmarketcap.com/assets-by-market-cap/

Jating

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For a full list you can check this link:

https://coinmarketcap.com/largest-companies/

We are in the 20th spot, just ahead of Walmart and Tesla, but below JP Morgan and NVIDIA. And on top, Apple, MicroSoft, Google and Amazon.

In any case though, not sure if comparison is needed by Bitcoin against this company, I mean the market is very volatile that we can jump several places below/higher. Just wait till the next bull run, for sure we may crack top 10-15, and then goes down hard again in a bear market.

Aanuoluwatofunmi

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Bitcoin moves ahead Mastercard and Meta

Bitcoin vs Meta
https://twitter.com/DocumentingBTC/status/1613932377499205634?t=K1KdNPF9FtawwK7xNZ92ZQ&s=19

Bitcoin vs Mastercard
https://twitter.com/DocumentingBTC/status/1613938245481496577?t=z9w-n5cWeEi0iAtWtIOgFQ&s=19

Due to the recent events going through the bitcoin network as the price has turn a speedy bullish this weekend after it has been maintaining a steady and average moves since the beginning of this year, but now breaking the bond of 21,000 limitation is a good step for bitcoin gaining world international recognition as a profitable asset not only that but it has over shadow Facebook Meta and Mastercard in worth within it's recent achievements, there's no doubt that bitcoin is presently the talk of the town currently.

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