You compare incomparable things. It's like comparing God's gift to an omelet.There are companies whose capitalization has reached a much higher level. For example Apple/ she's capitalization 904,61 billion.It Facebook, Amazon, Microsoft, Johnson and Johnson, General electric, etc. This list can be continued still very long. I do not understand why you compare bitcoin with HUBERT?
I think that you do not understand Bitcoin or Uber, something between these two. Your point of thinking is only on market capitalization and not on innovative and disruptive technology that is behind these two. We can compare Bitcoin and Uber because they both are disruptive in their fields. Bitcoin disrupts banks system, Uber disrupts taxi system. Here is definition on what disruptive actually means from Wikipedia - "Disruptive innovation is a term in the field of business administration which refers to an innovation that creates a new market and value network and eventually disrupts an existing market and value network, displacing established market leading firms, products, and alliances." Do you understand now how these two are comparable?
Bitcoin market cap: $8.3 billion
Uber the taxi app: $18+ billion
Is it just me, or something is wrong with this picture
im guessing that your questioning how come uber the taxi app has a larger marketcap compare to bitcoin
the answer is quite obvious uber is part of a normal ,average and even to some important people's lives,
almost everyday people use this app as means of transportation
while bitcoin on the contrary has a small percentage of community using it as per date
This is 2014 chart But we are all live in 2018.
1. Uber market cap is 51 billion .
2. Bitcoin market cap is 152 billion.
So everything is depends on demand currently cryptocurrency is rule the entire market so no one compare to the Bitcoin market cap.
Monalia, thanks for information about Uber market cap... In 2014. we can see that Bitcoin had lower market capitalization than Uber. Now in 2018. Bitcoin have higher market capitalization than Uber, which is logically to me, Bitcoin have so much larger market to disrupt when is Bitcoin compared to Uber.