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Topic: McDonalds has the same market cap as Bitcoin! (Read 418 times)

newbie
Activity: 154
Merit: 0
August 17, 2018, 11:55:10 PM
#53
Bitcoin has a long way to go, and with the positive reception from the IMF, among other countries, I can say that bitcoin has somewhat proven itself on some of the most well-known financial institutions. It means bitcoin as a digital currency is great than a known company that already build years ago. Bitcoin is just a baby in comparing that company
legendary
Activity: 1540
Merit: 1029
This is mind boggling to see and comprehend.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
The difference between the two is that McDonald's bring something 'physical' for our short-term consumption while bitcoin prepares us for the 'future' by keeping our money intact even with the severe inflation happening all around us. Bitcoin has a long way to go, and with the positive reception from the IMF, among other countries, I can say that bitcoin has somewhat proven itself on some of the most well-known financial institutions. The market capitalization alone doesn't speak much, tbh, but to be ranked with one of the most known companies, I'd say it's pretty impressive to say the least.
hero member
Activity: 1330
Merit: 569
Bitcoin is a baby in a big world!
Bitcoin is not as big as people think!

Its true based on what you are comparing with in terms of value of bitcoin and even there are some several not too known companies whose value could be more than the total amount of ETH or any popular crypto currency that we are all 'crazy' about. But beyond that, when value are being ascribe to certain items, its not only about the quantitative factors alone but other ground breaking barriers that are being met on a daily basis.

Today, several personalities are talking about bitcoin, Bill Gates will make comments and would be reported in the news, World Bank will make statements about bitcoin and lives will be touched, governments, regulatory bodies, experts, entrepreneurs etc but I have not read about McDonald being referenced to with so much relevance. I know that there are several countries that McDonald does not have outlets but I also know that all over the world with the exception with those without internet, bitcoin has touched more lives and continues to do that more than what McDonald would be able to do now or in the future.
full member
Activity: 504
Merit: 100
It's true for now bitcoin is still like a baby, but I think bitcoin has a very fast development in the financial world and I believe that bitcoin will be great in the future.
sr. member
Activity: 518
Merit: 250
Bitcoin is a baby in a big world!
Bitcoin is not as big as people think!
bitcoin grows from year to year through the process. can you explain the similarities or differences of bitcoin and McDonalds? thank you
newbie
Activity: 281
Merit: 0
   McDonalds is too old comparing to bitcoin market cap. It means bitcoin as a digital currency is great than a known company that already build years ago. Bitcoin is just a baby in comparing that company and it means bitcoin will grow more and has a bright future in the years to come.
sr. member
Activity: 672
Merit: 251
Bitcoin is a baby in a big world!
Bitcoin is not as big as people think!

It is pretty obvious that there is no need to compare this two thing you have mentioned above. They are totally different from each other. On the other hand, bitcoin is as powerful as people think. And, It will  also double the worth of mc donalds in the near future.
member
Activity: 335
Merit: 10
Bitcoin is a baby in a big world!
Bitcoin is not as big as people think!
You are right that bitcoin is not as big as what people think but remember all great things comes from a small beginning, bitcoin has a bright future as a currency as an asset.
 
jr. member
Activity: 154
Merit: 3
Do not miss just such a time, how many years McDonald's and how many years of bitcoin, and see how many times in 2 to 3 years the capitalization of bitcoins will exceed the capitalization of McDonald's
newbie
Activity: 30
Merit: 0
Absurd, come on! Bitcoin deserve a much higher Market capitalisation!
if those whales stop to dump all the goddamn day!!
we need another boost from long term investors!
jr. member
Activity: 199
Merit: 2
Comparing of this two, i think they are not the same you know why McDonalds are legal it is license to the government while bitcoin is not legal because of itself decentralization and its not license to the government in short  we call this illegal economic activity.
jr. member
Activity: 336
Merit: 3
Bitcoin is a baby in a big world!
Bitcoin is not as big as people think!

It is true, the Bitcoin market is smaller like a baby than the larger McDonald's market, but Bitcoin's record at the end of last year can not be solved by the current McDonalds. This proves that Bitcoin can compete in the stock market.
of course bitcoin can compete in the stock market, the increase in bitcoin value last year it became the biggest jump in the history of bitcoin. we hope in this year all that can be repeated in this year that leaves half of the year.

At the moment it not playing out how you describe!
hero member
Activity: 1834
Merit: 566
Bitcoin is a baby in a big world!
Bitcoin is not as big as people think!

You can't directly compare the McDonald's share to Bitcoin. Because the vast majority of the McDonald's shares are held by the promoters and they are not free-float. The volume of shares available for trading is much lower than the total supply. That is not the case with BTC.
To top it up. We both know that bitcoin market cap is much than this before and McDonald was supported by the government, regulators and SEC while bitcoin is/not gaining their support. However, do you know the level of negatively, price manipulation, challenged and the FUD bitcoin is facing which lead to it dump in price and cap.
legendary
Activity: 2044
Merit: 1008
Bitcoin is a baby in a big world!
Bitcoin is not as big as people think!

You can't directly compare the McDonald's share to Bitcoin. Because the vast majority of the McDonald's shares are held by the promoters and they are not free-float. The volume of shares available for trading is much lower than the total supply. That is not the case with BTC.
sr. member
Activity: 817
Merit: 250
Bitcoin is a baby in a big world!
Bitcoin is not as big as people think!

It is true, the Bitcoin market is smaller like a baby than the larger McDonald's market, but Bitcoin's record at the end of last year can not be solved by the current McDonalds. This proves that Bitcoin can compete in the stock market.
of course bitcoin can compete in the stock market, the increase in bitcoin value last year it became the biggest jump in the history of bitcoin. we hope in this year all that can be repeated in this year that leaves half of the year.
full member
Activity: 414
Merit: 100
Bitcoin is a baby in a big world!
Bitcoin is not as big as people think!

It is true, the Bitcoin market is smaller like a baby than the larger McDonald's market, but Bitcoin's record at the end of last year can not be solved by the current McDonalds. This proves that Bitcoin can compete in the stock market.
legendary
Activity: 2576
Merit: 2880
Catalog Websites
Bitcoin is a baby in a big world!
Bitcoin is not as big as people think!
Maybe that's a good example to make people understand how small this market is. We're nothing right now, nothing. The moment will start growing seriously well, just sit down, relax and get some pop corn to enjoy the show  Grin
jr. member
Activity: 294
Merit: 1
Staker.network - POS Smart Contract ETH Token
I'm not amazed at all. McDonalds company is much older than Bitcoin. It served burgers when none of us had a computer at home and Bill Gates was just a sperm his father's balls. We can't really compare something that was invented to work in the Internet with a company that existed long before anybody even thought about creating the Internet.

You are right, we cannot compare between company of foods and digital assets as this really have a big difference. Anyway, still it will be nice to add it as new knowledge about market cap and it's good to know that bitcoin already have this big market cap.
newbie
Activity: 154
Merit: 0
McDonald's is a McDonald's fast-food chain business that has 80 percent of its sales in just four countries - the United States, Germany, Britain and France. The comparison between bitcoin and McDonald's is not straightforward
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