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Topic: Cryptos VS Apple - page 4. (Read 709 times)

legendary
Activity: 3346
Merit: 3125
May 05, 2021, 12:16:55 PM
#13
I read your comments guys, and as you say, bitcoin should be compared with gold and not with a company, but since cryptos and mac has a market capitalization that's why decide to compare them.

But here my point is that we break the wall, and cryptos right now have a bigger market capitalization than the company with the biggest market cap. This should make us all happy, is a big step for cryptos.  Wink
member
Activity: 868
Merit: 63
May 04, 2021, 10:56:04 PM
#12
The only reason that Apple has a big capitalization is that they have a criminally expensive product that doesn't perform that well compared to other cheaper products that have better performance, I guess you could say that Apple products is a status symbol to look like you have a lot of money.
copper member
Activity: 2940
Merit: 1280
https://linktr.ee/crwthopia
May 04, 2021, 09:32:41 PM
#11
I know the current market capitalization can have a hard drop in the future, but right now is impressive to see it over $2T.
Would this drop be caused by people cashing out or just turning into another asset in the future? Once they have realized that it's profitable to keep it in crypto, that will stay, I think unless another tragedy hits or something.



Comparing a company to projects/protocols isn't even a good comparison in the first place. And knowing that Bitcoin takes a huge chunk of the total marketcap to start with, it would probably make more sense to compare bitcoin to gold than a company.
I agree with you on this one. You can't compare it, but if we're talking about just "Assets" in general, it could be there could be an overlap of some sort. If you look at it fundamentally, it's different, but if you are looking at numbers and what they mean, I think it's okay. I guess the OP shows that there are many investors in the crypto market in terms of value only, not because it became like that in the first place.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
May 04, 2021, 09:22:53 PM
#10
Comparing a company to projects/protocols isn't even a good comparison in the first place. And knowing that Bitcoin takes a huge chunk of the total marketcap to start with, it would probably make more sense to compare bitcoin to gold than a company.
sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
May 04, 2021, 06:58:51 PM
#9
This is expected as we grow over time and its good that finally, cryptocurrency is being supported by many big institutions and individuals. We can go for more heights as long as we continue the path we’re taking right now. Maybe, one day bitcoin alone will take over the top spot in terms of market cap, the future is bright for us.
hero member
Activity: 2884
Merit: 579
Hire Bitcointalk Camp. Manager @ r7promotions.com
May 04, 2021, 06:45:43 PM
#8
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.
If it's just a realization and comparison of crypto which represents as a company, it's very impressive. And as we know, Apple and other popular companies won't just get a pump on their market cap because they're not as volatile as crypto.

The volatility thing of crypto makes it better but has always been risky yet truly rewarding.
hero member
Activity: 2268
Merit: 579
Vave.com - Crypto Casino
May 04, 2021, 03:17:04 PM
#7
For crypto users they will say that crypto is better than Apple, and vice versa for Apple users they will say Apple is better than crypto. so here only the data will prove it. We as crypto users are very happy that the growth of crypto market capitalists is increasing day by day. With this data, crypto positions can be taken into account in world markets. it's just that some Apple lovers disowned us.
The ridiculous surge in the price of the market calls for celebration, so we may compare the crypto market cap with Apple but only an inexperience cryptocurrency investors will say crypto is better than Apple because there's no reason in comparing the two like that since they don't serve the same concept or purpose neither did they belong to the same setting
legendary
Activity: 2436
Merit: 1008
May 04, 2021, 03:16:33 PM
#6
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.

But with just a blink of an eye and some manipulations, the crypto market can have a crash. Unlike in Apple, where everything is stable because their products have a real use-case and demand grow. The market capitalization of crypto is the combined market cap of all cryptocurrencies, a thousand of it. Not appropriate to compare it to a standalone company.

The data might be impressive for us crypto-people but I think Apples' and Crypto market capitalization should not be compared.
full member
Activity: 1064
Merit: 101
May 04, 2021, 02:54:28 PM
#5
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 this is not very impressive, because the crypto market capitalization that reaches $ 2T is not permanent and stable like some other market captions,
yes the nature of cryptocurrencies of course we all know that, high volatility is one of the special things for crypto itself, if this volatility can balance,
then this capitalization is of course a special thing too, look ahead, if Bitcoin is still above $ 40k in the next few years this is good for the market, if not then be careful
full member
Activity: 700
Merit: 182
May 04, 2021, 02:44:41 PM
#4
There was a time when people just try to think compared crypto with facebook. And now we are compared with apple. In my opinion it is still underrated for crypto. No worries we do not need to wait much more time to cross gold market cap. And that day bitcoin will be second on that market and crypto will be the first capital genarator. That day will be our biggest achievement. And that news will be a slap for those country who still banned crypto in there country. Crypto its show time. Show the world how powerfull you are. And we are with you. And show the world that you have  power ninjas like bitcoin, ethereum, Ripple, bnb, dogecoin. Lets grow together.
sr. member
Activity: 2226
Merit: 347
May 04, 2021, 02:35:02 PM
#3
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.
Nope, Bitcoin or lets say that whole crypto market isnt really just right for you to compared on a certain company but rather go target out with forex/stocks/indices if we are really serious
about total marketcap.
When do talk about surpassing out company caps then it had been breaking out records which is really impressive and soon we would see further breaking records which it isnt surprising.
In terms of adoption and recognition then this market is really getting some as we passed on year.
This do shows on how amazing this market is and wont be reaching out those numbers if it werent relevant.
hero member
Activity: 2464
Merit: 519
May 04, 2021, 02:22:08 PM
#3
Checking the https://8marketcap.com/ put Bitcoin and Ethereum on 8 and 21 spot respectively is a better format, Cryptocurrency do not make the list of the marketcap which is reasonable. Bitcoin and Ethereum makes 60% of market that contain altcoins that will like lose 95% of their value in few months from now. I believe the volatility of bitcoin is reducing with time and could retain its spot on top 20
member
Activity: 364
Merit: 14
May 04, 2021, 02:13:57 PM
#2
For crypto users they will say that crypto is better than Apple, and vice versa for Apple users they will say Apple is better than crypto. so here only the data will prove it. We as crypto users are very happy that the growth of crypto market capitalists is increasing day by day. With this data, crypto positions can be taken into account in world markets. it's just that some Apple lovers disowned us.
legendary
Activity: 3346
Merit: 3125
May 04, 2021, 01:22:36 PM
#1
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.
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