Bitcoin bypassed PayPal by market capitalization

in #bitcoin7 years ago

bitcoin-pic905-895x505-25517.jpg

Taking last barrier in $ 4000, the price of bitcoin continued rapid ascent. At some point, the weighted average rate of the crypto currency, according to Coinmarketcap, reached $ 4323.29, and the market capitalization exceeded $ 70 billion.

bitcoin-price-aug14-chart.jpg

The last achievement is noteworthy and the fact that in this way bitcoin on this indicator has bypassed such a giant of the payment industry as PayPal.

At this moment bitcoin capitalization reached $ 72.2 billion.Market capitalization of PayPal, according to Yahoo Finance, is estimated at $ 70.18 billion at the same time.

Now you can, perhaps, talk about the real Flippening - bitcoin, finally, bypassed not only one of the most centralized processing systems in the world, but also considered a direct antipode crypto currency payment structure. And although some doubts as to whether bitcoin will be able to gain a foothold on the achieved heights, still remain, today can rightfully enter the history of "digital gold"

Sort:  

This post has received a 0.54 % upvote from @bellyrub thanks to: @anonimous.

Coin Marketplace

STEEM 0.19
TRX 0.15
JST 0.029
BTC 63635.72
ETH 2597.20
USDT 1.00
SBD 2.91