Topic: Tesla Overtakes the Combined Crypto Market Cap - $380 billion market cap reached (Read 244 times)
September 14, 2020, 02:08:09 PM
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September 20, 2020, 06:39:40 PM
I agree with the opinion of Tesla's market increase, because Elon Musk's role is so charismatic. So make investors believe in Tesla's potential.
This should be the case with Bitcoin too, with the popularity of Satoshi Nakamoto being able to attract investors to believe in the future of Bitcoin.
I am still optimistic that Bitcoin will outperform Tesla's success, but Bitcoin will still take much longer to develop. So for investors who are patiently
waiting for the development of Bitcoin, I am sure that they will get a big surprise from Bitcoin. Therefore I never stop to continue collecting as
much Bitcoin as possible.
This should be the case with Bitcoin too, with the popularity of Satoshi Nakamoto being able to attract investors to believe in the future of Bitcoin.
I am still optimistic that Bitcoin will outperform Tesla's success, but Bitcoin will still take much longer to develop. So for investors who are patiently
waiting for the development of Bitcoin, I am sure that they will get a big surprise from Bitcoin. Therefore I never stop to continue collecting as
much Bitcoin as possible.
September 20, 2020, 05:28:57 PM
In the technology sector, it is very important to do something that was not carried out before. Tesla did it exactly. Their success on full-electric cars brought fame to them and they overtook many big companies in a very short time. So, I think they deserve this growth.
September 14, 2020, 01:45:33 AM
It will take time but it will eventually happen, I see cryptocurrency market cap growing past 1 trillion in the near future.
$1 trillion will not come from thin air. When you talk about such a huge figure, you need to give the justification for it as well. Nowadays, most of the cryptocurrencies are being solely used for speculative investment purposes. Unless the other uses, such as payments and smart contracts increase, I don't think that the market capitalization is going to rise in a big way.
August 25, 2020, 06:32:33 AM
What will you do if crypto market cap reach $1 trillion?
I'll take profit if it reaches to $1 trillion market cap. Price by that time will be on estimation of $50,000 - $54,000. As much as I want to drive a Tesla if ever bitcoin's market cap reaches to that high or will surpass $1 trillion market cap, I don't think it's worth for me. 
The tenure is what makes bitcoin greater. We're on the right path so we just have to hold until bitcoin surpass those big tech companies market cap or even reach next to it.
August 25, 2020, 06:18:44 AM
Crypto total market cap has previously hit the current market cap of Tesla. That Tesla has a marketcap higher than crypto is not entirely significant as crypto in itself is a volatile space that can go from one to one hundred within the shortest space of time. i see crypto making waves and hittin a market cap that Tesla can not compete with.
August 25, 2020, 06:14:29 AM
I read a lot of different statistics and if you look at the state of the real sector of the economy and the market sector of the economy, you will see a huge gap between them.
The economy is falling in all countries, GDP is falling, unemployment is growing.
But financial markets are growing, despite all indicators.
Now analysts promise a second wave of the pandemic and a new crisis.
The economy is falling in all countries, GDP is falling, unemployment is growing.
But financial markets are growing, despite all indicators.
Now analysts promise a second wave of the pandemic and a new crisis.
August 25, 2020, 05:40:03 AM
What will you do if crypto market cap reach $1 trillion?
I'll take profit if it reaches to $1 trillion market cap. Price by that time will be on estimation of $50,000 - $54,000. As much as I want to drive a Tesla if ever bitcoin's market cap reaches to that high or will surpass $1 trillion market cap, I don't think it's worth for me. The tenure is what makes bitcoin greater. We're on the right path so we just have to hold until bitcoin surpass those big tech companies market cap or even reach next to it.
August 25, 2020, 04:01:40 AM
The entire crypto market will soon grow rapidly and overtake tesla but on the condition that bitcoin reaches $ 20k. Because altcoins are influenced by bitcoin. Only when bitcoin increases will the altcoins have conditions to increase. The crypto market is accumulating to prepare for a breakout since the March 2020 price drop.
August 25, 2020, 01:33:40 AM
Actually I created a thread comparing bitcoin to the rest of the most valuable companies in the world not just Tesla, Bitcoin lands #27 as top assets by marketcap (Stocks, ETF and Crypto). And if you are going to look at it, Tesla is still way behind in the list.
August 25, 2020, 01:08:53 AM
Who the hell buys a Tesla car nowadays?Only rich and middle class hipsters. 
Is Tesla corporation making any profits?I think that last year was the fist year,when Tesla had made any profits(and their profits were tiny).Tesla stocks are a big bubble and that bubble will get busted sooner or later.
I don't care about whether or not the total crypto market cap will be bigger than the market cap of any big corporation.We have bigger obstacles and bigger problems with crypto adoption.Focusing only on the market cap is pointless.
Is Tesla corporation making any profits?I think that last year was the fist year,when Tesla had made any profits(and their profits were tiny).Tesla stocks are a big bubble and that bubble will get busted sooner or later.
I don't care about whether or not the total crypto market cap will be bigger than the market cap of any big corporation.We have bigger obstacles and bigger problems with crypto adoption.Focusing only on the market cap is pointless.
August 25, 2020, 12:42:58 AM
What is the point of this thread exactly? You can make a thread like this every few weeks when positions of big stocks changes. Today Bitcoin is bigger than company X, tomorrow a company Y is bigger than Bitcoin. Who cares? No one bases any of their decisions on this kind of information, it's just a little bit of trivia and nothing more.
That's what I've been wandering. It's not like Bitcoin is a company that is being handled by someone. Bitcoin isn't even a stock. He should have compared Bitcoin to other currencies like the USD, EUR, or Pound because that will make more sense.
Even then, Bitcoin is far behind the market cap of USD, EUR or even pound! If we compare bitcoin to these age old established currency system, we will have to keep in mind that Bitcoin is just 11 years old! Also it is not a suitable comparison because people use bitcoin according to their will, but they use currency because they have no other choice! Hope that makes sense!
August 25, 2020, 12:15:15 AM
What is the point of this thread exactly? You can make a thread like this every few weeks when positions of big stocks changes. Today Bitcoin is bigger than company X, tomorrow a company Y is bigger than Bitcoin. Who cares? No one bases any of their decisions on this kind of information, it's just a little bit of trivia and nothing more.
That's what I've been wandering. It's not like Bitcoin is a company that is being handled by someone. Bitcoin isn't even a stock. He should have compared Bitcoin to other currencies like the USD, EUR, or Pound because that will make more sense.
August 24, 2020, 08:13:05 PM
What is the point of this thread exactly? You can make a thread like this every few weeks when positions of big stocks changes. Today Bitcoin is bigger than company X, tomorrow a company Y is bigger than Bitcoin. Who cares? No one bases any of their decisions on this kind of information, it's just a little bit of trivia and nothing more.
August 24, 2020, 05:20:30 PM
The current market cap that we have now doesn't really tell the whole story. Tesla right now has that market cap because it reach to the point that they have a lot of investors in the stock market and at the same time having a few shares all in all they have, resulting to them having a bigger market cap compared to the whole crypto market. The crypto market on the other hand is spread out of hundreds of different coins all of which have millions or even billions of coin count in their supply, the more coins they have in circulation the more cheaper they get as well as the less contribution they give to the crypto market, there is no doubt like multi-billion dollar companies like Amazon, Tesla, or Google will overtake the who crypto market as it is just basic supply and demand of its shares.
August 24, 2020, 05:14:08 PM
To all the comments above: Tesla has obviously been brought up to the top through Elon, so did Bitcoin get propped up by Satoshi and all of our devs. That's just obvious.
But I'm not sure if Tesla can be compared to cryptos. Like, does it even make sense? They're two completely different things. I don't get the idea of comparing BTC to literally anything..
But I'm not sure if Tesla can be compared to cryptos. Like, does it even make sense? They're two completely different things. I don't get the idea of comparing BTC to literally anything..
Same position here. Tesla is producing actual products where btc is a form of digital currency. Those 2 have different nature and usage to mankind. So whatever is their market cap, it is what it is. And there's no point of comparing them.
August 24, 2020, 05:09:28 PM
Tesla might be a Game Changer even greater than Bitcoin.
Yeah, I agree with this one, Tesla has been in the forefront of many innovations, specially the SpaceX project. But if anyone is not aware of, it was not Elon Musk who founded the company, he was one of the Venture Capitalist though and then rest is history.
I would say that he can on par with Steve Jobs as being a visionary and that's why Tesla took off and now has one of the biggest valuation. But I think they should be compare to a car company like Toyota, which they obviously surpassed.
August 24, 2020, 05:07:32 PM
To all the comments above: Tesla has obviously been brought up to the top through Elon, so did Bitcoin get propped up by Satoshi and all of our devs. That's just obvious.
But I'm not sure if Tesla can be compared to cryptos. Like, does it even make sense? They're two completely different things. I don't get the idea of comparing BTC to literally anything..
But I'm not sure if Tesla can be compared to cryptos. Like, does it even make sense? They're two completely different things. I don't get the idea of comparing BTC to literally anything..
August 24, 2020, 05:00:15 PM
Elon Musk is basically the main reason why Tesla's valuation skyrocketed these past few years. Investors' confidence is high on the company given that the CEO running the show isn't some scandalous dimwit that is ready to disparage anything and everything for their own gain. He just works and updates everyone on what's happening with their product line with little to no bs added. If someone is this transparent and this open to innovation and improvement in this area of the market where they are currently the leaders, I wouldn't also think much before investing my money to the said company knowing my money is in good hands.
August 24, 2020, 04:37:35 PM
Tesla might be a Game Changer even greater than Bitcoin.
Tesla might change all of our energy matrix, even impacting bitcoin mining farms.
As tesla exponentially advances in batteries capacities technologies, a new world of possibilities open for many industries.
There are even rumors that its founder, Elon Musk, might have created bitcoin, as he created PayPal he some knowledge about it.
Tesla might change all of our energy matrix, even impacting bitcoin mining farms.
As tesla exponentially advances in batteries capacities technologies, a new world of possibilities open for many industries.
There are even rumors that its founder, Elon Musk, might have created bitcoin, as he created PayPal he some knowledge about it.
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