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Topic: Cryptos VS Apple (Read 709 times)

full member
Activity: 1204
Merit: 162
June 12, 2021, 03:45:54 PM
#74
there are similarities in both, yes about technology, apple and crypto are both in the same category,
of course the future needs both, and maybe in the future crypto and apple will need each other,
crypto will need apple as a place to store crypto assets, yes crypto wallet, because the wallet must be installed on the device,
and the device is Apple, very interesting isn't it?
They have something that connects them but are different things in their core. Crypto will be bigger than apple with time since more and more adoptions will take place.
legendary
Activity: 2422
Merit: 1083
Leading Crypto Sports Betting & Casino Platform
June 12, 2021, 04:13:09 PM
#72
Sorry but I think this comparison isn't fair, crypto is far different from Apple, first, crypto is not a company, Apple is, Apple is a centralized company owned by one or group of persons while crypto is a decentralized network where any body, and I mean absolutely anybody can build on, there's no way you compare this two without being biased, and the unfairness will always fall on the lower entity which in this case is Apple.
If you wanna be atleast a little fair in your comparison, then compare a single coin like bitcoin or Ethereum to apple and not the entire crypto market, in crypto, everyone and anyone can contribute to the growth of its market capitalization but in Apple, only the owner(s) can, I think you understand what I mean now.
legendary
Activity: 2408
Merit: 4282
eXch.cx - Automatic crypto Swap Exchange.
June 12, 2021, 03:25:06 PM
#71
I know the current market capitalization can have a hard drop in the future, but right now is impressive to see it over $2T.

Well did that last, it wasn't right from the onset with your comparison. The recent raise in the marketcap of the crypto market has alot to with hype then actual development and adoption happening. Lets not forget the success of dogecoin saw many new meme projects coming into the space and that obviously brought in new money which many won't stay long as a dump will chase them all away just as it's currently doing.

A more accepted comparison would had been comparing Apple market cap to that of Ethereum since both are a company (platform). Comparing it to that of bitcoin won't had still been approximate as both aren't in the same category. Bitcoin is more of a currency than an asset, it been used as an asset is just an additional benefit due to the scarcity of her supply.
full member
Activity: 1048
Merit: 102
June 12, 2021, 07:38:29 AM
#70
there are similarities in both, yes about technology, apple and crypto are both in the same category,
of course the future needs both, and maybe in the future crypto and apple will need each other,
crypto will need apple as a place to store crypto assets, yes crypto wallet, because the wallet must be installed on the device,
and the device is Apple, very interesting isn't it?
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
June 11, 2021, 03:07:38 PM
#69
...
Apple is still doing well as long as they will be able to provide better products and development it just happen that bitcoin popularity and adoption hits too high now especially that crypto includes plenty of projects in it that helps many businesses or individual in their job or investment. Many investors from stocks already shift in crypto for wide variety of choices to trade which are actively have volumes.

I don't think Apple is providing better products... The differences between the old iPhone and the new one aren't big at all and the fact that the new phones come without charger talks really bad about the company. And they still sell their products overpriced, if they have right now this market capitalization is because they steal to their customers. They don't want to fix a hardware problem they will tell you how to buy a new one is the right way to fix the problem. And that isn't ethical at all.
At least when Jobs was alive even if the products were overpriced you knew you got quality as he was adamant about that aspect of his company, but like happened the first time he was forced to leave Apple the company lost its edge and soon enough the company was in trouble and it was not until he returned when the company flourished again.

But now this is not possible as he is gone, which is a shame as he died from cancer but he refused to take the recommendations of his doctors and paid the highest price possible for this decision.
hero member
Activity: 2688
Merit: 588
June 11, 2021, 04:42:22 AM
#68
Today i realize the current market capitalization of the cryptos passes the Apple market capitalization... This is crazy because Apple is the company with the biggest market capitalization, and to see the cryptos market bigger than apple just means that bitcoins and cryptos are a bigger company even if it's decentralized.

I know the current market capitalization can have a hard drop in the future, but right now is impressive to see it over $2T.
It is nice to see that the cryptocurrency market has been growing and the market cap keeps getting huge everyday, as of today that I checked it is $1 Trillion. But, I think comparing the whole cryptocurrency market cap to Apple’s market cap is kind of unfair lol. If you’re going to be comparing it, then it should be one cryptocurrency market cap to Apple’s market cap, and currently none of them can match with it.

But, I believe that bitcoin will be the first to reach that level before any other cryptocurrency. It’s not going to be an easy feat to achieve, but it’s likely to happen.
hero member
Activity: 2338
Merit: 953
Temporary forum vacation
June 09, 2021, 09:10:15 AM
#67
if you look at the current market cap difference, it is indeed very far away, the closest when bitcoin has also increased quite sharply, and even then the difference is 12 times and of course if you look at it it will probably be difficult to happen, moreover both are also increasing and there will always be a difference. especially now it has become 20 times the difference in the market cap.

but seeing the developments experienced by bitcoin which continues to increase sharply it could happen but it might take time and obviously there will be a long time difference that can happen, again in crypto it is quite strange sometimes it is difficult to predict and can experience a sharp increase but can also drop sharply.

The familiar path of altcoins. They rise so fast, and then everyone is talking about Bitcoin dominance dropping and alts move up quickly on coinmarketcap/gecko.

Then we see the hype fade. Hands drop bags,,, devs start doing trashy influencers.

Supply for alts never changes but burns. Prices dump.

Bitcoin wins:)
legendary
Activity: 2268
Merit: 1655
To the Moon
June 09, 2021, 05:36:33 AM
#66
I agree. Bitcoin can easily make another x100 from here and surpass Gold's market cap by ten folds. When that happens the battle between gold and bitcoin will be settled forever. Gold will lose its little monetary value there is and it will become a common dirt like copper.

I have not yet met such bold forecasts, in which the price of bitcoin was estimated in millions of dollars. It is possible that someday the price of BTC will increase to $1 million, as John McAfee predicted. And the next ATH price will reach $3 million, as you predicted)
full member
Activity: 868
Merit: 150
★Bitvest.io★ Play Plinko or Invest!
June 09, 2021, 02:44:15 AM
#65
~

I agree. Bitcoin can easily make another x100 from here and surpass Gold's market cap by ten folds. When that happens the battle between gold and bitcoin will be settled forever. Gold will lose its little monetary value there is and it will become a common dirt like copper.

Just keep holding and buy more.
I don't necessarily agree with the part regarding gold being a common dirt if bitcoin has surpassed in a really large margin, I am pretty sure that gold will still find a niche market and people will always find gold as precious as it was discovered as hundreds of thousands of years ago, we are like birds, we like shiny things or at the least we find it entrancing.
full member
Activity: 1708
Merit: 105
June 09, 2021, 02:37:14 AM
#64
Gold has a capitalization of approximately $12 trillion, which is currently 20 times the capitalization of bitcoin. Even if the bull run continues, it will take a very long time for BTC to match the capitalization of gold. But given the fact that the capitalization of BTC has been declining recently, this goal is becoming increasingly unattainable.
We just have to trust bitcoin market and see to it that we will be there when it reaches that market cap. People back then wouldn't believe that bitcoin would reach a trillion dollar market cap but look at bitcoin now, it did touch it meaning that there is a possibility that it will surpass it too someday.
if you look at the current market cap difference, it is indeed very far away, the closest when bitcoin has also increased quite sharply, and even then the difference is 12 times and of course if you look at it it will probably be difficult to happen, moreover both are also increasing and there will always be a difference. especially now it has become 20 times the difference in the market cap.

but seeing the developments experienced by bitcoin which continues to increase sharply it could happen but it might take time and obviously there will be a long time difference that can happen, again in crypto it is quite strange sometimes it is difficult to predict and can experience a sharp increase but can also drop sharply.
legendary
Activity: 3276
Merit: 2442
June 08, 2021, 07:41:47 AM
#63
Gold has a capitalization of approximately $12 trillion, which is currently 20 times the capitalization of bitcoin. Even if the bull run continues, it will take a very long time for BTC to match the capitalization of gold. But given the fact that the capitalization of BTC has been declining recently, this goal is becoming increasingly unattainable.
We just have to trust bitcoin market and see to it that we will be there when it reaches that market cap. People back then wouldn't believe that bitcoin would reach a trillion dollar market cap but look at bitcoin now, it did touch it meaning that there is a possibility that it will surpass it too someday.

I agree. Bitcoin can easily make another x100 from here and surpass Gold's market cap by ten folds. When that happens the battle between gold and bitcoin will be settled forever. Gold will lose its little monetary value there is and it will become a common dirt like copper.

Just keep holding and buy more.
full member
Activity: 868
Merit: 150
★Bitvest.io★ Play Plinko or Invest!
June 08, 2021, 07:27:23 AM
#62
Gold has a capitalization of approximately $12 trillion, which is currently 20 times the capitalization of bitcoin. Even if the bull run continues, it will take a very long time for BTC to match the capitalization of gold. But given the fact that the capitalization of BTC has been declining recently, this goal is becoming increasingly unattainable.
We just have to trust bitcoin market and see to it that we will be there when it reaches that market cap. People back then wouldn't believe that bitcoin would reach a trillion dollar market cap but look at bitcoin now, it did touch it meaning that there is a possibility that it will surpass it too someday.
legendary
Activity: 2268
Merit: 1655
To the Moon
June 08, 2021, 07:16:16 AM
#61
Bitcoin is not a company but considered to be as an asset by most of its holders so the actual competitor for bitcoin in the market capitalization should be gold right. Grin

Gold has a capitalization of approximately $12 trillion, which is currently 20 times the capitalization of bitcoin. Even if the bull run continues, it will take a very long time for BTC to match the capitalization of gold. But given the fact that the capitalization of BTC has been declining recently, this goal is becoming increasingly unattainable.
legendary
Activity: 3346
Merit: 3125
June 07, 2021, 05:15:21 PM
#60
...
Apple is still doing well as long as they will be able to provide better products and development it just happen that bitcoin popularity and adoption hits too high now especially that crypto includes plenty of projects in it that helps many businesses or individual in their job or investment. Many investors from stocks already shift in crypto for wide variety of choices to trade which are actively have volumes.

I don't think Apple is providing better products... The differences between the old iPhone and the new one aren't big at all and the fact that the new phones come without charger talks really bad about the company. And they still sell their products overpriced, if they have right now this market capitalization is because they steal to their customers. They don't want to fix a hardware problem they will tell you how to buy a new one is the right way to fix the problem. And that isn't ethical at all.
hero member
Activity: 2716
Merit: 698
Dimon69
June 07, 2021, 11:31:10 AM
#59
I really think that companies like apple will slowly lose their market cap because of how thier bussnies model is, as for the cryptomarket in general it is a fairly new and for it hitting the market cap of 2 trillion is insane, especialy for bitcoin since it holds almost more than half, and that is whith the current price so i am sure that in a couple of years that we are gonna see bitcoin taking over and becomeing the number one go to investment especially if companies like tesla start investing in it.

Apple is still doing well as long as they will be able to provide better products and development it just happen that bitcoin popularity and adoption hits too high now especially that crypto includes plenty of projects in it that helps many businesses or individual in their job or investment. Many investors from stocks already shift in crypto for wide variety of choices to trade which are actively have volumes.
legendary
Activity: 2674
Merit: 1226
Livecasino, 20% cashback, no fuss payouts.
June 07, 2021, 02:58:23 AM
#58
People are now being practical, and the competitions are very tight as many companies are also introducing different approach, but like what you have said, Steve Jobs established the brand and until now the company still harvesting the success of what he did, but sooner or later it won't be enough and the market will go to other directions.

It's applies to anything, if you can't sustain it the bigger chance that you'll lose investors, moving to Bitcoin now, it's what also happening right now, sideways and the money are moving out for a while.

Yeah I think what Steve Jobs did was one of the first leaders to really shape the company culture and attitudes, and that's translated into continuity even after he's gone. But that's a corporate thing and very opposite to what Bitcoin does, where there is no culture except the ones the separate communities decide to adopt. And there's no right or wrong or continuity:)
sr. member
Activity: 1330
Merit: 326
June 06, 2021, 09:33:08 PM
#57
To think that crypto is widely known today and often patronized and used. Thats why the market capitalization increase and surpass other like apple. However, they have different case use and comparing both market cap's wont be that reasonable.

But one of  the reasons, the adoption plays a big role for crypto's market cap massive movement.
jr. member
Activity: 619
Merit: 1
June 06, 2021, 12:50:36 PM
#56
There are various asset classes. Making a comparison doesn't make much sense. Apple makes useful gadgets, which crypto cannot, but crypto can be a better investment and currency. Both are beneficial in their own ways.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
June 04, 2021, 12:44:31 PM
#55
I really think that companies like apple will slowly lose their market cap because of how thier bussnies model is, as for the cryptomarket in general it is a fairly new and for it hitting the market cap of 2 trillion is insane, especialy for bitcoin since it holds almost more than half, and that is whith the current price so i am sure that in a couple of years that we are gonna see bitcoin taking over and becomeing the number one go to investment especially if companies like tesla start investing in it.
It is known that when it comes to apple products people are not only buying the product for what it can offer them they are also buying the product by the brand itself, and while this can be a great way to sell an inferior product at a high price eventually people realize what is happening and begin to look for better products at better prices.

So with that in mind the size of apple is bound to go down, a great deal of its value came from the influence that Steve Jobs had, but now that he is gone what we are seeing is just his legacy keeping the company afloat, but this is not going to be enough to keep it growing during the next decades.

People are now being practical, and the competitions are very tight as many companies are also introducing different approach, but like what you have said, Steve Jobs established the brand and until now the company still harvesting the success of what he did, but sooner or later it won't be enough and the market will go to other directions.

It's applies to anything, if you can't sustain it the bigger chance that you'll lose investors, moving to Bitcoin now, it's what also happening right now, sideways and the money are moving out for a while.
full member
Activity: 1946
Merit: 112
June 04, 2021, 12:35:49 PM
#54
Today i realize the current market capitalization of the cryptos passes the Apple market capitalization... This is crazy because Apple is the company with the biggest market capitalization, and to see the cryptos market bigger than apple just means that bitcoins and cryptos are a bigger company even if it's decentralized.

I know the current market capitalization can have a hard drop in the future, but right now is impressive to see it over $2T.

Indeed, the cryptocurrency market has grown significantly lately. If we consider cryptocurrencies as financial assets, then here is the answer to why the crypto market has a larger capitalization than Apple. It's all about finance. The fact is that more people want to make money on cryptocurrency than those who want to use Apple products. But I believe that this is not the limit for cryptocurrencies and the capitalization of the crypto market continues to grow.
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