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Topic: Bitcoin vs Uber (Read 2053 times)

newbie
Activity: 97
Merit: 0
September 20, 2018, 03:13:26 AM
#90
I think today Uber is more useful than Bitcoin. In any city of any country, the demand for UBER drivers is high. The comparison is interesting but it makes sense the difference
What's the logic ?i don't get it about Verse ?. Why you're comparing bitcoins with uberapp ?. Are you trying to say that uber has more value than bitcoins ?.
full member
Activity: 1582
Merit: 101
September 15, 2018, 11:11:41 AM
#89
uber should accept bitcoin as an alternate payment method

Yes, i think so also. Uber is a most popular in worldwide. I think Uber can hit BTC in market so easily if they accept it. Though government has restrictions in using BTC but people using it for their backup money. So when Use accept it, government will think about this and can be more popular to all.
newbie
Activity: 103
Merit: 0
September 15, 2018, 09:32:15 AM
#88
UBER provides basic needs for transportation and this is a very profitable business, but if bitcoin can become a payment tool in many countries, UBER is no longer a counterpart to bitcoin
member
Activity: 952
Merit: 41
September 15, 2018, 09:27:22 AM
#87
I don't get the picture at all, and to make it more harder for me both Uber and bitcoin are two different thing the uber app is design to serve a single purpose and is not a commodity nor a store of value like bitcoin is, and bitcoin as a currency which has value in the world exchange market serve multiple purpose. So at that market capitalization alone is not a enough analysis tool.
hero member
Activity: 700
Merit: 500
September 04, 2018, 02:57:37 AM
#86
Bitcoin market cap:  $8.3 billion
Uber the taxi app:  $18+ billion
 
Is it just me, or something is wrong with this picture  Huh
Someone already answered your question, every product is worth as much as the market is willing to pay for it. And by the way you shouldn’t be comparing Bitcoin to Uber, Uber is a huge company and available in lots of countries and even well trusted by investors around the world, whereas in Bitcoin investors are still scared of investing in it and lot of people are doubting it. But this is just the beginning.
full member
Activity: 364
Merit: 100
September 01, 2018, 12:31:54 PM
#85
I think these technologies can unite in the future, uber is already considering blockchain for implementation
jr. member
Activity: 658
Merit: 1
August 27, 2018, 05:11:11 PM
#84
I am not surprised about these numbers because the stock market is incredibly overvalued and as a fact we have such strange situations when some companies cost more than GDP of many countries. I am sure that such a situation will be changed soon because companies must not cost so expensive.
hero member
Activity: 900
Merit: 503
August 27, 2018, 10:54:23 AM
#83
Bitcoin market cap:  $8.3 billion
Uber the taxi app:  $18+ billion
 
Is it just me, or something is wrong with this picture  Huh
Bitcoin is certainly undervalued, maybe that's because blockchain is technologically much harder to understand than a comfortable and simple Uber's app.
And also historically we all are more familiar with the process of calling a cab than calculating btc's hashrate.
full member
Activity: 630
Merit: 172
August 27, 2018, 10:12:07 AM
#82
The total marketcap is deceiving, a lot of those bitcoins are lost forever and no one is sure on the exact amount.  It's easily in the millions so the actual cap is much lower than it is currently.  It's' not like a stock can be lost forever but a bitcoin can.

The total marketcap is still extremely small compared to fiat money and gold's marketcap.
sr. member
Activity: 462
Merit: 515
August 27, 2018, 10:05:02 AM
#81
Bitcoin market cap:  $8.3 billion
Uber the taxi app:  $18+ billion
 
Is it just me, or something is wrong with this picture  Huh

As it has been explained on numerous occasions already, Bitcoin market cap as well as the whole cryptomarket cap is meaningless and useless for comparison with assets of a different nature. In simple terms, you are trying to compare incomparable things just because they happen to be measured in the same dollars and seemingly represent the same thing. But they are not even if it is the same dollars (though these are not the same dollars anyway).

Simply put, cryptomarket cap is fake as it doesn't reflect real number of coins traded. Technically, to get a correct assessment of the cryptomarket cap you should take into account only the coins that actually get traded or circulated. If you were able to do that (you can't), you would quickly find out that the figure thus obtained would be a tiny fraction of what you are being led to believe as Bitcoin or any other coin market cap.
member
Activity: 101
Merit: 10
August 27, 2018, 09:55:35 AM
#80
I think today Uber is more useful than Bitcoin. In any city of any country, the demand for UBER drivers is high. The comparison is interesting but it makes sense the difference
newbie
Activity: 126
Merit: 0
August 27, 2018, 09:51:35 AM
#79
Will Uber accept Bitcoin payments? Although there are many ways to apply Bitcoin to Uber, many people still expect the company to integrate cryptocurrency directly. It may take some time to consider the possibility that the Uber can be Token
newbie
Activity: 164
Merit: 0
August 27, 2018, 09:29:23 AM
#78
in my opinion there is a growing body of evidence showing that cryptocurrency like Bitcoin is accepted as a form of financial payment and Uber is a mother on this issue she accepts Bitcoin payments from third party vendors like coinBase but Uber does not accept crypto payments directly for ride sharing services.

That's not very comfortable to involve third party. I wish I can pay with Bitcoin or any other crypto directly to Uber, so we can lower the comission.
full member
Activity: 448
Merit: 100
August 27, 2018, 09:21:38 AM
#77
in my opinion there is a growing body of evidence showing that cryptocurrency like Bitcoin is accepted as a form of financial payment and Uber is a mother on this issue she accepts Bitcoin payments from third party vendors like coinBase but Uber does not accept crypto payments directly for ride sharing services.
member
Activity: 350
Merit: 10
August 26, 2018, 05:27:56 AM
#76
Uber is one the best technology app for ride a cab, Actually they can fit each other you can pay bitcoin for a ride that's it! but if you going to compare on marketcap. Uber is way more attractive than bitcoin as of now..
Each field has its own strengths. But the problem here is not generally stated purpose. If I understand uber is the car taxi company. Electronic money is bitcoin to pay for online transactions. If the uber payment is made using bitcoin money. This is also considered a great development.
full member
Activity: 293
Merit: 100
August 25, 2018, 04:41:19 PM
#75
Bitcoin market cap:  $8.3 billion
Uber the taxi app:  $18+ billion
 
Is it just me, or something is wrong with this picture  Huh
For me it is the same as I would say that bread in the store costs $0,5 and the hammer is for $5. I can agree with what I hear that you are comparing absolutely different things Smiley
legendary
Activity: 2044
Merit: 1115
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August 24, 2018, 05:31:39 PM
#74
Bitcoin market cap:  $8.3 billion
Uber the taxi app:  $18+ billion
 
Is it just me, or something is wrong with this picture  Huh

Bitcoin is a nonproductive asset that is only worth what everyone else is willing to pay for it. Uber is a company that has an in-demand service and generates cash flow off of that. The market cap of the company is the value of future expected cash flows. $18 billion seems a bit high to me personally based on an inability to turn a profit and a horrible business culture that may prove to limit growth, but nowhere near as overpriced as the Bitcoin market cap is.
full member
Activity: 406
Merit: 101
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August 24, 2018, 02:43:47 PM
#73
Uber is one the best technology app for ride a cab, Actually they can fit each other you can pay bitcoin for a ride that's it! but if you going to compare on marketcap. Uber is way more attractive than bitcoin as of now..
newbie
Activity: 182
Merit: 0
August 24, 2018, 02:19:32 PM
#72
This uneven comparison made me laugh. Uber is a large, revenue-generating corporation with the purpose of transferring customers, which is widely recognized and appreciated for its ease of use and ease of payment. You can pay by several methods. Bitcoin is an electronic coin that people are skeptical about, and is not well received in many countries. But over time everything will go in a different direction. You believe me.
hero member
Activity: 1022
Merit: 538
August 22, 2018, 01:57:06 PM
#71
Uber has already created immense troubles for themselves already. In many countries uber has trouble facing taxi owners and in many places with taxes and even on their headquarters they have been faced with sexists behavior rumors and have been shunned by feminist organizations and even got back lash from female users of uber because of it.

Lately I heard about exit of Uber from few major Asian countries as they are unable to compete against the local cab opeartors. When things are going like this, adopting bitcoin by uber may not bring big differences into the entire ecosystem of bitcoins. Still, we must welcome any new business to adopt bitcoins as one of their payment systems.

Now considering they have ton of issues to solve before anything else happens, I am not really comfortable with uber being talked together with bitcoin, maybe they should clear their own problems before they can use bitcoin as an advertisement opportunity. Just my thoughts on that company, doesn't really mean it is facts and truth.
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