I made a similar comment of this on another post in here (updated the numbers for today) (and I think it would make a nice discussion)
So do you think we more likely to reach gold or apples market cap (1 BTC = $661 now, 1 BTC = $505k+ (golds valuation) or 1 BTC = $43k+ (apple's valuation)
Gold market cap
$ 6,524,132,579,184
Btc market cap
$ 8,524,107,695
Apple market cap
$555.68B Billion
Divide gold m.c by btc m.c and you get 765.374255303 (gold is that many times more than bitcoin)
if 1 bitcoin is currently $661 then if we had gold market cap, 1 btc would be $505,912.382755
doing the same for apple m.c, ($555,680,000,000 around) divide by $8,249,485,143
is 65.189227997 (apple is this many times greater than btc m.c)
so if 1 btc is $661 now, then if we had apples market cap, 1 btc would be $43,090.079706
Topic: Is bitcoin more likely to reach Apple or Gold's market cap (calculations shown) (Read 601 times)
June 05, 2014, 09:42:34 AM
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