Topic: Bitcoin's market value is now larger than Goldman Sachs and Morgan Stanley (Read 209 times)
October 14, 2017, 06:34:06 AM
BTC market's value is constantly growing, and I believe it will continue growing. We may think that this is why Golman and Morgan's people keep making BTC a hot topic, because it can revolutionize the entire financial system. And if this happens, BTC will get going on for a sky value! But there are risks in every crypto, and the more worrying, is having no internet connection! So we will never have a financial system only depending on BTC.
October 14, 2017, 06:27:37 AM
The Market value of bitcoin reached the $96,7 Billions. It has become more valued than some main Market Caps companies and banks of the world. The volatility of cripto-coins doesn´t allow us to say, yet, that Bitcoin is definitely bigger (or more value) than the companies/banks, that were refereed. Therefore a small crash on the price of Btc, would make immediately the value of the Market cap lower.
October 13, 2017, 08:57:38 AM
The article is deceptive in my opinion. Bitcoin is not a company that can be valued by market cap. It's like saying gold is worth more than Google. It just doesn't compute. Ignore such commentary as it adds no value to the discussion and distracts people from what really matters, which is how governments start to react to what is happening with BTC.
October 13, 2017, 08:55:09 AM
https://www.cnbc.com/2017/10/13/bitcoin-market-cap-bigger-than-goldman-sachs-and-morgan-stanley.html
Quote
Bitcoin's market capitalization has surpassed major stocks such as Goldman Sachs and Morgan Stanley, after the cryptocurrency hit an all-time high on Friday.
The virtual currency hit a record high of $5,856.10 in the early hours of Friday morning, according to data from industry website CoinDesk. Its market capitalization, which is the total value of all the bitcoin in circulation, reached $96.7 billion, according to Coinmarketcap.com.
Of course, bitcoin is not a stock. But if it were, its market cap would surpass that of some big companies, including the following:
BHP Billiton with a market cap of $96.6 billion
Goldman Sachs with a market cap of $92.9 billion
Morgan Stanley with a market cap of $89.1 billion
Netflix with a market cap of $84.5 billion.
Bitcoin would be the 15th largest component of the Nasdaq and 58th largest by market cap on the NYSE.
The virtual currency hit a record high of $5,856.10 in the early hours of Friday morning, according to data from industry website CoinDesk. Its market capitalization, which is the total value of all the bitcoin in circulation, reached $96.7 billion, according to Coinmarketcap.com.
Of course, bitcoin is not a stock. But if it were, its market cap would surpass that of some big companies, including the following:
BHP Billiton with a market cap of $96.6 billion
Goldman Sachs with a market cap of $92.9 billion
Morgan Stanley with a market cap of $89.1 billion
Netflix with a market cap of $84.5 billion.
Bitcoin would be the 15th largest component of the Nasdaq and 58th largest by market cap on the NYSE.
This is explaining very well why they attempt to make scam accusations and blamings for bitcoin. I'm not surprised to read this great numbers showing bitcoin surpassed all others.
October 13, 2017, 08:53:01 AM
https://www.cnbc.com/2017/10/13/bitcoin-market-cap-bigger-than-goldman-sachs-and-morgan-stanley.html
Quote
Bitcoin's market capitalization has surpassed major stocks such as Goldman Sachs and Morgan Stanley, after the cryptocurrency hit an all-time high on Friday.
The virtual currency hit a record high of $5,856.10 in the early hours of Friday morning, according to data from industry website CoinDesk. Its market capitalization, which is the total value of all the bitcoin in circulation, reached $96.7 billion, according to Coinmarketcap.com.
Of course, bitcoin is not a stock. But if it were, its market cap would surpass that of some big companies, including the following:
BHP Billiton with a market cap of $96.6 billion
Goldman Sachs with a market cap of $92.9 billion
Morgan Stanley with a market cap of $89.1 billion
Netflix with a market cap of $84.5 billion.
Bitcoin would be the 15th largest component of the Nasdaq and 58th largest by market cap on the NYSE.
The virtual currency hit a record high of $5,856.10 in the early hours of Friday morning, according to data from industry website CoinDesk. Its market capitalization, which is the total value of all the bitcoin in circulation, reached $96.7 billion, according to Coinmarketcap.com.
Of course, bitcoin is not a stock. But if it were, its market cap would surpass that of some big companies, including the following:
BHP Billiton with a market cap of $96.6 billion
Goldman Sachs with a market cap of $92.9 billion
Morgan Stanley with a market cap of $89.1 billion
Netflix with a market cap of $84.5 billion.
Bitcoin would be the 15th largest component of the Nasdaq and 58th largest by market cap on the NYSE.
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