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Topic: Cryptos VS Apple - page 2. (Read 626 times)

member
Activity: 1120
Merit: 68
June 03, 2021, 05:44:51 AM
#53
If we take a look at the market capitalization today bitcoin had a huge drop in the past weeks, we are not over Apple Cap anymore but at least was nice to be there for a moment.

That's why bitcoin is a high-risk investment, because in a couple of weeks the market can lose half a trillion, and that's a huge amount of money. But what can we say about it... Isn't cheap to build space spaceships, the money has to come from somewhere  Grin
Exactly, to be honest comparing bitcoin market to a company is pretty stupid because it is entirely different plus it's more comparable to forex than stock exchange as they are both a currency. That's the beauty of bitcoin's volatility, you never know what you will get, and you can always enter whenever because the prices are going down.
hero member
Activity: 2212
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June 03, 2021, 05:25:49 AM
#52
such a great feat indeed and that's just very little percentage of people actually uses bitcoin or crypto currencies, imagine if the coverage of cryptocurrency spreading across the globe and atleast 50% of population become bitcoin users, the market cap gonna be the biggest we as human gonna ever see but that's also mainly because bitcoin isn't limiting who can invest to this coin, so the capital coming to blockchain is really rapid and that's why the market cap could overtake Apple just within a decade though it's now already decreasing again.
legendary
Activity: 2982
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Top Crypto Casino
June 02, 2021, 05:34:53 PM
#51
If we take a look at the market capitalization today bitcoin had a huge drop in the past weeks, we are not over Apple Cap anymore but at least was nice to be there for a moment.

That's why bitcoin is a high-risk investment, because in a couple of weeks the market can lose half a trillion, and that's a huge amount of money. But what can we say about it... Isn't cheap to build space spaceships, the money has to come from somewhere  Grin
hero member
Activity: 2646
Merit: 703
June 02, 2021, 05:04:42 PM
#50
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.
legendary
Activity: 3052
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June 02, 2021, 03:03:42 PM
#49
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.

Different asset classes. It doesn't make much sense to make a comparison. You cannot send and receive Apple stocks freely without getting disrupted like how you send and receive crypto. Financially, crypto made a huge run this year and surpassed Apple without a doubt. However Apple has been around for decades. Crypto is 10-12 years old. Maybe crypto will win in the long run, we cannot know it yet.
sr. member
Activity: 1400
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June 02, 2021, 02:58:22 PM
#48
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.
legendary
Activity: 2366
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Leading Crypto Sports Betting & Casino Platform
June 02, 2021, 01:20:02 PM
#47
The total marketcap of crypto reached over $2T, and BTC alone reached above $1T, this is amazing thing because BTC only need about 10 year to reached it, while Apple need longer. The total marketcap of crypto is still very low if compare with the total of stocks marketcap all over the world that reach over $100T, because cryptocurrencies still young market and in the future will keep growing.

If it will continue to grow, in fact not only with Apple, but also with Master Card and many other entities, the market capitalization has grown too much, in fact I think it compares with Apple for what it represents worldwide.

Apple has a stake in the Stock Market, has been in the stock market for years, therefore it is known by many investors worldwide, as interest in Crypto grows and especially in BTC the market capitalization will be much larger, in fact As the presence of BTC through Coinbase is on the stock market, it gradually makes the voice of BTC known, this is entering stealthily, which is not bad at all to be in those areas.
full member
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C O M B O
June 01, 2021, 07:11:20 PM
#46
I will discuss about these two, in terms of technology, they both have something special,
because the times will always need them, Apple is a good and famous brand, like Samsung, Xiaomi, etc.,
because they make chips, it's not surprising that Apple's marketcap is at the top brand, and crypto currency is now also a new brand that is ready to be needed by the world community,
take a look at this https://twitter.com/coinbase/status/1399721265993175400, yes Coinbase made a good first step
legendary
Activity: 3066
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June 01, 2021, 03:56:08 PM
#45
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.
Cryptocurrency market isnt something we can called a company if we do really make out some comparison in between those top companies that do exist as of today.
Imagine on how many projects are engage into crypto world which it isnt really just surprising that it would able to surpass those companies existing when it comes to mcap
but doesnt mean that they do able to beat it up on some sense.They are on different markets so theres no point on making comparison but somehow
having these milestones only just for a decade is something that is great to see.
legendary
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www.Crypto.Games: Multiple coins, multiple games
June 01, 2021, 03:19:53 PM
#44
We can still compare companies to crypto, or we can compare assets (gold, silver, oil etc etc) to crypto as well, hell we can compare price of one bitcoin versus one car as well, that is what lambo has been for so long, we want one bitcoin to worth as much as the best lambo right? Doesn't mean it is right, doesn't mean it is wrong, it is just something.

I personally feel like there is a good reason why we compare these, because we want to know how big it is. For example, when crypto was over apple that means you can consider this : crypto world is a bigger thing than what apple is to the world. That's a good thing, we love to hear those type of things, we are still in top 5, we are over almost every company, that's a good thing to know, I mean facebook owns all facebook+instagram+whatsapp and crypto is still valued more, which means we are bigger than them, that's a very good thing to know.
sr. member
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Eloncoin.org - Mars, here we come!
June 01, 2021, 10:34:24 AM
#43
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
full member
Activity: 791
Merit: 139
June 01, 2021, 09:23:06 AM
#42
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.

For me it doesn't matter, for what is important is that in cryptocurrency I got earned most of the time for a couple of years. Because, in Apple it
didn't help me actually. Meaning, I don't care about it my only concern is for the crypto business only. Though both of them I can't deny they are the same popular worldwide.
full member
Activity: 574
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https://adonx.one
June 01, 2021, 07:13:21 AM
#41
The total marketcap of crypto reached over $2T, and BTC alone reached above $1T, this is amazing thing because BTC only need about 10 year to reached it, while Apple need longer. The total marketcap of crypto is still very low if compare with the total of stocks marketcap all over the world that reach over $100T, because cryptocurrencies still young market and in the future will keep growing.
full member
Activity: 365
Merit: 100
May 13, 2021, 02:08:38 PM
#40
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.

That is true but the comparison doesn't make a lot of sense frankly speaking. If you want to compare the two, you should also take the whole industry that Apple belongs to the same way as you now take all cryptocurrencies. Whether you bring up the comparison or not, the amount of money in crypto is amazing.
legendary
Activity: 2030
Merit: 1189
May 13, 2021, 01:44:44 PM
#39
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.
Yes, it is quite impressive but let's not forget that the crypto craze has only recently grown to the number we see today, while Apple has had a steady growth.


Just for consoling purposes regarding the market situation, looking at the markets on crypto vs stock markets it does seem that NOT many markets are surviving whatever is happening right now, both stocks and cryptos are being hit with crypto the hardest of course but the overall patern is there.
hero member
Activity: 2534
Merit: 657
Dimon6969
May 13, 2021, 12:22:02 PM
#38
We also have to consider that most altcoins are scams or not future on it. I guess the best way to compare is bitcoin vs apple and though Apple is still on the lead I'm pretty sure over time bitcoin will surpass the market cap of Apple and it will be next to gold.

it will be rank.. 1. Physical gold, 2, Digital Gold (bitcoin).
Bitcoin Rank moves too fast and any time sooner it may reach another milestone. In terms of where to invest next it will depend on our preference as trader or investors since they are both different market as well risk. Many still doubt BTC but knows how Apple works but the gains might be more if we know how to trade btc thank investing only at apple which will depend on how much we can invest to gain a profit faster.
legendary
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Merit: 1128
Leading Crypto Sports Betting & Casino Platform
May 13, 2021, 12:02:49 PM
#37
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.
Hold on, we're going to surpass apple's networth with bitcoin's marketcap alone in next few months. I mean there will be nothing to be glad on seeing total market capitalization is passing over apple's marketcap because it is a combined one by having both bitcoin and all other altcoins and we are all know how many altcoins are existing till date and how many are good and solving some problem of human beings.

I know the current market capitalization can have a hard drop in the future, but right now is impressive to see it over $2T.
Never be bothered about that. Right now bitcoin is trading around $50k level and in future after the bitcoin will be having its final ATH, I am speculating it will not come down near to $50k levels and even with any hard drop, we never need to worry about anything drastically to happen. It will happen but not in significant levels unlike previous drops.
hero member
Activity: 2758
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No dream is too big and no dreamer is too small
May 13, 2021, 08:15:09 AM
#36
We also have to consider that most altcoins are scams or not future on it. I guess the best way to compare is bitcoin vs apple and though Apple is still on the lead I'm pretty sure over time bitcoin will surpass the market cap of Apple and it will be next to gold.

it will be rank.. 1. Physical gold, 2, Digital Gold (bitcoin).
member
Activity: 478
Merit: 66
May 13, 2021, 05:39:18 AM
#35

I always wonder whether the market cap is the true estimation because market cap is calculated by the price of the coin/token multiplied by the total supply but if seriously everyone decides to dump a particular coin or token then isn't it true that the market price of the coin will pummel and hence the market cap is just an illusion? I am only wondering and my concept about the market cap isn't crystal clear either.

Yeah we're starting to see that fake market cap unfold with the dips today. I've heard that Tether and other stables are what can mostly make up the total market cap of crypto. The stables can manipulate it like they did in 2017 and even now.
sr. member
Activity: 1862
Merit: 322
May 12, 2021, 03:03:30 PM
#34
Apple is now a rotting Apple without the lead of Steve Jobs (RIP) as they really don't innovate as much with the new guy Tim Cook. All they have is a surplus of cash and the fact that they make high quality electronics. Other than that nothing hype going for them. Tesla is the new Apple if you ask me. Cryptos are in a different league than Apple they're all on a 24-7 market while Apple/Tesla are stuck in the 9:30-4pm market of old. I know FTX has added a token for both stocks to be traded there 24-7. If more exchanges add stock tokens then Apple would have more relevance.
It is true that the face value and innovations Steve was able to bring are not matched by his successor Tim but I was looking at the graph and Apple hasn't done badly at all. I mean crypto taking over doesn't necessarily tell that Apple is doing bad or declining although it might be, it only tells how the crypto industry has seen a gigantic growth especially with the involvement of Elon Musk into dogecoins and Bitcoins.

I always wonder whether the market cap is the true estimation because market cap is calculated by the price of the coin/token multiplied by the total supply but if seriously everyone decides to dump a particular coin or token then isn't it true that the market price of the coin will pummel and hence the market cap is just an illusion? I am only wondering and my concept about the market cap isn't crystal clear either.
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