Topic: Bitcoin vs Uber - page 4. (Read 2053 times)
Is there a nice day, we can use bitcoin to pay uber not to! I highly expect bitcoin to pay for services.
Does anyone have a comparison on the number of people that use Uber vs. the number of people using BTC?
Would be interesting indeed, I search and find the number of ride vs the number of bitcoin transaction in bitcoin :
http://www.businessofapps.com/data/uber-statistics/ = 2 billions of ride in 2017
https://www.quandl.com/data/BCHAIN/NTRAN-Bitcoin-Number-of-Transactions = +/- 90 000 000 of transactions in 2017
Uber is a transport enterprise or technology enterprise. In order to get answers they have to go to court. Bitcoin is not recognized as a means of payment!
sr. member
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It's Money 2.0| It’s gold for nerds | It's Bitcoin
Does anyone have a comparison on the number of people that use Uber vs. the number of people using BTC?
This figure would not be entirely relevant. You would need much more data to help understand each's value.
For example if each person that uses bitcoin only buys once per week and then buys a coffee with it and the coffee shop instantly sells the proceeds on coinbase, while each Uber user uses Uber every day both to and from work. Granted this is an extreme example, but the point is you would need to know how much the average person uses each.
Even with this information you would not be able to make an apples to apples comparison as bitcoin does not generate any revenue while Uber does.
Bitcoin market cap: $8.3 billion
Uber the taxi app: $18+ billion
Is it just me, or something is wrong with this picture
Uber the taxi app: $18+ billion
Is it just me, or something is wrong with this picture
What exactly would be wrong with that?
Market cap is the collectively assigned value of an investment item by all market participants.
To mankind, the value of cryptocurrency should be 10s, 100s, if not 1000s times bigger than a taxi app, not a 46%.
The market participants already assigned the value as you have stated here.
Not what you think both are worth.
Bitcoin market cap: $8.3 billion
Uber the taxi app: $18+ billion
Is it just me, or something is wrong with this picture
Uber the taxi app: $18+ billion
Is it just me, or something is wrong with this picture
Uber is revolutionizing urban transportation!
This doesn't seem out of line at all. Uber is a great idea that is already catching on like wildfire.
Plus investors in America are free to speculate on a company like Uber while it's not easy at all for investors to speculate on bitcoin yet. Maybe when that ETF gets listed on NASDAQ.
Does anyone have a comparison on the number of people that use Uber vs. the number of people using BTC?
You have spent too much time on bitcoin and lost contact to reality 
. Besides that what really counts are not absolut values but the speed of growth. If you think of the value when bitcoin was created, it's value was 0. When you take the ratio of a chewing gum to bitcoin back then (10 Cent / 0 Cent = Infinity) you see how stupid this comparism is
. Besides that what really counts are not absolut values but the speed of growth. If you think of the value when bitcoin was created, it's value was 0. When you take the ratio of a chewing gum to bitcoin back then (10 Cent / 0 Cent = Infinity) you see how stupid this comparism is
Totally agree with ShakyHands on this one. These are two different animals entirely and can't be compared soley on the merit of current market cap. Can't say for certain but I'm relatively sure the taxi app doesn't/didn't have nearly the kind of VC money flowing into it that BTC has.
sr. member
Activity: 448
Merit: 250
It's Money 2.0| It’s gold for nerds | It's Bitcoin
Bitcoin market cap: $8.3 billion
Uber the taxi app: $18+ billion
Is it just me, or something is wrong with this picture
Uber the taxi app: $18+ billion
Is it just me, or something is wrong with this picture
You are comparing apples vs oranges.
Urber is a company with revenue and (hopefully profits in the future).
Bitcoin is a "currency" and a method of transmitting money.
Over time as more of the public adapts bitcoin the price and market cap will increase.
Bitcoin market cap: $8.3 billion
Uber the taxi app: $18+ billion
Is it just me, or something is wrong with this picture
Uber the taxi app: $18+ billion
Is it just me, or something is wrong with this picture
What exactly would be wrong with that?
Market cap is the collectively assigned value of an investment item by all market participants.
To mankind, the value of cryptocurrency should be 10s, 100s, if not 1000s times bigger than a taxi app, not a 46%.
Don't quite understand the 'versus' thing...
Think. Harder. Bitcoin market cap: $8.3 billion
Uber the taxi app: $18+ billion
Is it just me, or something is wrong with this picture
Uber the taxi app: $18+ billion
Is it just me, or something is wrong with this picture
What exactly would be wrong with that?
Because people are stupid and if it doesn't say "Legal Tender" they think it's not real.
It's easier to sell an iPhone app @ $10 than it is to give away free Bitcoin.
It's easier to sell an iPhone app @ $10 than it is to give away free Bitcoin.
If you some one to practice giving free coins to
Because people are stupid and if it doesn't say "Legal Tender" they think it's not real.
It's easier to sell an iPhone app @ $10 than it is to give away free Bitcoin.
It's easier to sell an iPhone app @ $10 than it is to give away free Bitcoin.
That's crazy, how can a taxi application be valued at $18 billion USD? It doesn't take a genius to create an application like that.
Why haven't you done it first?
It's an application that generates money in case you don't know how it works.
They've re installed their 20% commission and as well as a tax of 1$.
What if this api would be used worldwide instead of 38 countries?
Think that this will replace the thousands of taxis in all major cities.
We are talking in this case alone on a number of close to 1 million cars. 10 rides a day and you've got 3.65 billions a year in revenue.
That's crazy, how can a taxi application be valued at $18 billion USD? It doesn't take a genius to create an application like that.
Uber is overvalued but some would paint the same picture of bitcoin
Not clear that this comparison makes any sense though other than to illustrate that utility drives value and that our own value perceptions can vary 360 degrees
Not clear that this comparison makes any sense though other than to illustrate that utility drives value and that our own value perceptions can vary 360 degrees
Off-topic post below
360 degree variation is no variation. You end up where you started. Technically
uber should accept bitcoin as an alternate payment method
Retweet this maybe it will happen! https://twitter.com/apicoin/status/476902343678902272
uber should accept bitcoin as an alternate payment method
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