Topic: Bitcoin would currently be the worlds 5th most expensive stock - page 2. (Read 2341 times)

This news isn't related with Bitcoin being 5th most expensive stock because 2 reason :
1. Bitcoin is a currency
2. It's weird to compare a currency with stock

Also, the news don't mention bitcoin at all. We supposed to compare bitcoin with another currency or at least with centralized payment service.

Yes, but maybe they compared the value of bitcoin to some stock value per share. Now bitcoin is @670 and continue to rise. Unlike stock, bitcoin is a currency that anyone can owned Wink

They are indeed comparing the prices of stocks with Bitcoin, but as also has been said before, there is really no point in comparing high stock prices with the price of Bitcoin. Bitcoin and stocks are operating in a completely different league.

clickerz

hero member

Activity: 1414

Merit: 505

Backed.Finance

Quote from: d-leit on July 17, 2016, 02:39:06 PM

This news isn't related with Bitcoin being 5th most expensive stock because 2 reason :
1. Bitcoin is a currency
2. It's weird to compare a currency with stock

Also, the news don't mention bitcoin at all. We supposed to compare bitcoin with another currency or at least with centralized payment service.

Yes, but maybe they compared the value of bitcoin to some stock value per share. Now bitcoin is @670 and continue to rise. Unlike stock, bitcoin is a currency that anyone can owned Wink

lister storm

hero member

Activity: 770

Merit: 500

Quote from: unamis76 on July 17, 2016, 02:00:56 PM

Quote from: helloeverybody on July 17, 2016, 05:50:24 AM

What are your thoughts

I'm glad we aren't a stock. We are much more than that

i was happy to be seeing people pointing out that the comparison with stocks is not good. then even more happy to see your quote. indeed bitcoin is much more than stocks.

yeah, bitcoin is way better than stocks and i think that bitcoin is going to have a way brighter future than the stocks have right now and i think that it will make us all good money

RealityTruth

full member

Activity: 210

Merit: 100

narrowpathnetwork.com

Quote from: helloeverybody on July 17, 2016, 05:50:24 AM

According to https://financesonline.com/top-10-most-expensive-stocks-in-the-world-from-chipotle-to-berkshire-hathaway/ and many others if bitcoin was a stock it would come under the 5th most expensive at current prices.

Surely its just a matter of time before investors see the potential in bitcoin and we could end up at no1 on that list. What are your thoughts, and could bitcopin ever be shared on the stock exchange to compete with these top trading stocks?

That means it's very overvalued at the moment

criptix

legendary

Activity: 2464

Merit: 1145

Quote from: Kazadar on July 17, 2016, 02:24:33 PM

Quote from: criptix on July 17, 2016, 02:17:07 PM

Quote from: Kazadar on July 17, 2016, 02:00:00 PM

Quote from: unamis76 on July 17, 2016, 02:00:56 PM

This news isn't related with Bitcoin being 5th most expensive stock because 2 reason :
1. Bitcoin is a currency
2. It's weird to compare a currency with stock

Also, the news don't mention bitcoin at all. We supposed to compare bitcoin with another currency or at least with centralized payment service.

Bitcoin are being perceived as a commodity and a store of wealth, and not as a currency by most countries. This is exactly the problem at the moment, because if these countries accepted Bitcoin as

a legal currency, more merchants would accept it as legal tender. Bitcoin has been the best performing currency for the last couple of years to, and that says a lot more. If we look at both of these

aspects, Bitcoin is outperforming others as a stock and a currency. Grin

Bitcoin is legal money in majority of/all countries that matters.

In many counties in Europe bitcoin isnt considered a currency.

Please tell me in which europe country that matters bitcoin isnt considered legal money.

Of the top of my head. Denmark, Sweden and Norway does not consider bitcoin money. I never said that they consider bitcoin illigal but its not a currency.

In denmark bitcoin is unregulated, norway considers it capital property and sweden says it is a currency for tax purposes.

Even though you are kind of right in denmark and norway they are in no way economies that matters on the world stage.
Im thinking about countries like the USA, Japan, Germany, UK, France and similiar.

d-leit

newbie

Activity: 45

Merit: 0

Quote from: helloeverybody on July 17, 2016, 05:50:24 AM

What are your thoughts

I'm glad we aren't a stock. We are much more than that

i was happy to be seeing people pointing out that the comparison with stocks is not good. then even more happy to see your quote. indeed bitcoin is much more than stocks.

Kazadar

hero member

Activity: 658

Merit: 500

Quote from: criptix on July 17, 2016, 02:17:07 PM

Quote from: Kazadar on July 17, 2016, 02:00:00 PM

Quote from: Kazadar on July 17, 2016, 02:00:00 PM

This news isn't related with Bitcoin being 5th most expensive stock because 2 reason :
1. Bitcoin is a currency
2. It's weird to compare a currency with stock

Also, the news don't mention bitcoin at all. We supposed to compare bitcoin with another currency or at least with centralized payment service.

Bitcoin are being perceived as a commodity and a store of wealth, and not as a currency by most countries. This is exactly the problem at the moment, because if these countries accepted Bitcoin as

a legal currency, more merchants would accept it as legal tender. Bitcoin has been the best performing currency for the last couple of years to, and that says a lot more. If we look at both of these

aspects, Bitcoin is outperforming others as a stock and a currency. Grin

Bitcoin is legal money in majority of/all countries that matters.

In many counties in Europe bitcoin isnt considered a currency.

Please tell me in which europe country that matters bitcoin isnt considered legal money.

Of the top of my head. Denmark, Sweden and Norway does not consider bitcoin money. I never said that they consider bitcoin illigal but its not a currency.

criptix

legendary

Activity: 2464

Merit: 1145

Quote from: helloeverybody on July 17, 2016, 05:50:24 AM

This news isn't related with Bitcoin being 5th most expensive stock because 2 reason :
1. Bitcoin is a currency
2. It's weird to compare a currency with stock

Also, the news don't mention bitcoin at all. We supposed to compare bitcoin with another currency or at least with centralized payment service.

Bitcoin are being perceived as a commodity and a store of wealth, and not as a currency by most countries. This is exactly the problem at the moment, because if these countries accepted Bitcoin as

a legal currency, more merchants would accept it as legal tender. Bitcoin has been the best performing currency for the last couple of years to, and that says a lot more. If we look at both of these

aspects, Bitcoin is outperforming others as a stock and a currency. Grin

Bitcoin is legal money in majority of/all countries that matters.

In many counties in Europe bitcoin isnt considered a currency.

Please tell me in which europe country that matters bitcoin isnt considered legal money.

unamis76

legendary

Activity: 1512

Merit: 1012

What are your thoughts

I'm glad we aren't a stock. We are much more than that

Kazadar

hero member

Activity: 658

Merit: 500

This news isn't related with Bitcoin being 5th most expensive stock because 2 reason :
1. Bitcoin is a currency
2. It's weird to compare a currency with stock

Also, the news don't mention bitcoin at all. We supposed to compare bitcoin with another currency or at least with centralized payment service.

Bitcoin are being perceived as a commodity and a store of wealth, and not as a currency by most countries. This is exactly the problem at the moment, because if these countries accepted Bitcoin as

a legal currency, more merchants would accept it as legal tender. Bitcoin has been the best performing currency for the last couple of years to, and that says a lot more. If we look at both of these

aspects, Bitcoin is outperforming others as a stock and a currency. Grin

Bitcoin is legal money in majority of/all countries that matters.

In many counties in Europe bitcoin isnt considered a currency.

Also the link in the OP is wrong. I know of a couple of stocks worth +1000$ that arent on the list

calkob

hero member

Activity: 1106

Merit: 521

I would totally agree and cant wait to see that happen........ Grin

criptix

legendary

Activity: 2464

Merit: 1145

This news isn't related with Bitcoin being 5th most expensive stock because 2 reason :
1. Bitcoin is a currency
2. It's weird to compare a currency with stock

Also, the news don't mention bitcoin at all. We supposed to compare bitcoin with another currency or at least with centralized payment service.

Bitcoin are being perceived as a commodity and a store of wealth, and not as a currency by most countries. This is exactly the problem at the moment, because if these countries accepted Bitcoin as

a legal currency, more merchants would accept it as legal tender. Bitcoin has been the best performing currency for the last couple of years to, and that says a lot more. If we look at both of these

aspects, Bitcoin is outperforming others as a stock and a currency. Grin

Bitcoin is legal money in majority of/all countries that matters.

Kprawn

legendary

Activity: 1904

Merit: 1074