MARKET MAKING EDITION! ​Bitcoin is Bigger Than: By the Numbers. | #19 | Bitcoin Uptrending to $142B Market Cap. | BTC is Bigger Than IBM, McDonald's, Goldman Sachs, IBM, Ford and.......

in #bitcoin6 years ago


A series to show how large the crypto currency is, compared to other well known things in the world, to help translate and show value and perspective!

It is a TLDR / Short Form Series, covering ONLY that topic

It is specifically designed this way to keep it short and simple.


People can then search out extra info if they wish, or share this relevant info / company names with people to help show the growth, reality and legitimacy of $BTC/$XBT and cryptocurrency!


I've never seen a regular series or resource running on Steemit to continually address this basic need so I decided to do it.


Recent Market Facts/Stats:


We have been in a steady market decline for 120 days + days now, period, no sweet talking this.

Minor ups but mostly down since then.

Some recovery and consolidation lately = Good News!!

Here is the 1-year BTC Core chart showing our yearly and ATH on Dec. 17th, at $10, 840 $USD or so,.

I hovered over the ATH there for you in the chart just above. R. click / open in new image to enlarge if you like.

BTC Market Cap Today: $141,944,406,397 USD - UP $7B from last week in this series.


March was a RED month nearly the whole time, bleeding out everywhere, it has been ugly, no other way to say it.

1st half of April was no better.

With BTC (Core/Legacy chain only) crossing the $200B market cap just Dec. 5th, 2017 ago for the 1st time (aprx. 1:30 pm UTC time or 8:30 am EST) and with more countries relaxing rules for its use, it is a real thing.

This is real money in Crypto. Total Crypto Market Cap Approaching $1 Trillion!

2 weeks later (Dec. 19th, 2017, 2:50 pm EST) --- we literally crossed the $335B mark ... JUST for the one Bitcoin chain -- and we just crossed the total crypto market cap of HALF A TRILLION $$ around the same day.

The market contined to moon across all coins until around Dec. 21st when things started to correct. Total Market Cap had crossed the $830B range, it was amazing!

After many days of huge corrections market wide, the numbers were UP a few days in a row here but kept dipping again the past few days or so.

The last 24 hours... and week has been great for the entire market.


-- TOTAL Crypto Market Cap after another 7 days .... is UP (now) to about ~ .37 TRILLION. (4/19/2018)

-- Market Cap: $365,228,181,157

-- meaning ~$365B. -- Up $50B / 7 days.

-- It is fun to write that out in "Trillion" form, & remind everyone crypto is serious money now.

BTC crossed the $300B market cap / 1st time on Dec. 8th, approx. 12:15 am UST/ or ~7:15 pm EST

Corrections the next while pulled that total number back below that as we know.

CMC.com charts have been down for most of the last month / many days, sorry. They have kinda sucked for awhile now!

If they are down I tend to use CoinCap.io , OnChainFX... or another.


1 Week BTC Chart:


BTC began the 2017 year at about $15.5B Market Cap and we have not included the forks of BTC in these numbers either!

BTC begins the 2018 year at $255B Market Cap.


~1 Year Bitcoin (Core/legacy chain) Chart: (BitcoinWisdom.com/Bitstamp - USD):

  • We are back to where we were in BTC on Nov. 19th to 26th of last year, about ~150 days ago.

  • That is where I pinned the cross hairs if you can see it or open image in new tab to enlarge it.


-- With the $200 billion mark now long eclipsed, (except for these now extended Correction periods) - it's overtaken giants like Oracle ($201 billion), and major drug maker, Pfizer Inc. ($213 billion).


~1 Month Chart for BTC -

  • Note - many weeks ago, around the Jan. 5th date, were our last days/times in hanging around the $300B Market Cap, and note those big corrections (red dips) around that time and afterwards.


-- Market Cap / BTC today:

-- Market Cap: $141,944,406,397 USD


Bitcoin at $142B Market Cap Today...

Bitcoin is Bigger Than:


This Week's List!


TransGlobe Energy Corporation / Market Cap of $ 139.84M!


Previous Weeks!


-- Morgan Stanley. / Market Cap of $ 96.491B !

-- NIKE Inc. / Market Cap of $ 108.094B!

-- BP Oil - BP plc / Market Cap of $ 130.011B!

-- PepsiCo, Inc. / Market Cap of $ 155.17B !

-- NetFlix, Inc / Market Cap of $ 114.805B!

-- Altria Group, Inc / Market Cap of $134.222B!

-- NVIDIA Corporation / Market Cap of $143.24B !

-- Merck and Co. - w. Market Cap of $169.052B

-- Advanced Micro Devices, Inc -- Market Cap of $11.539B

-- Intel Corporation with a $211.817B Market Cap!!

-- VISA Inc. with a $258.39 Market Cap!

-- Bank of America with a 307.3B Market Cap! (We corrected from $335B so last week this was right LOL)

-- General Electric (Market cap: $157 billion)

-- Walt Disney (Market cap: $154 billion)

-- McDonald's (Market cap: $134 billion)

-- IBM (Market cap: $140 billion)

-- Goldman Sachs (Market cap: $95 billion)

-- Target (Market cap: $31.8 billion)

-- American Airlines (Market cap: $27.7 billion)

-- Ford Motor Company (Market cap: $43.5 billion)

-- Deutsche Bank (Market cap: $37.7 billion)

Stats Source / Yahoo Finance


Some of the Backstory/History:

Bitcoin Pizza Day!


Nearly 10 years ago a Florida man paid someone in Bitcoin to deliver him two Papa John's pizzas--which may go down as the worst financial transaction of all time.

Today, a slice of Pizza will cost you still a few dollars, as opposed to the price of Bitcoin which is now touching $12,000 $USD.

Back in 2010, Florida programmer Laszlo Hanyecz talked someone into accepting the 10,000 Bitcoins he'd "mined" on his computer in exchange for two pizzas. “It wasn't like Bitcoins had any value back then, so the idea of trading them for a pizza was incredibly cool,” Mr. Hanyecz told the New York Times recently.Dec 23, 2013

Look up Bitcoin Pizza Day: A Yearly Celebration for the $20+ Million Pizza Order)

The biggest player in the cryptocurrency market, Bitcoin, set another record when its total value topped $200 billion for the first time Dec. 5th/2017 as discussed earlier.

2 weeks later (Dec. 19th, 2017, 2:50 pm EST) --- we literally crossed the $335B mark ... JUST for the one Bitcoin chain -- and we just crossed the total crypto market cap of HALF A TRILLION $$ around the same day, as mentioned earlier in this post.


Past Episodes (in part)

(Newest to Oldest):


https://steemit.com/bitcoin/@barrydutton/market-recovery-edition-bitcoin-is-bigger-than-by-the-numbers-or-18-or-bitcoin-uptrending-to-usd135b-market-cap-after-dips-or

https://steemit.com/bitcoin/@barrydutton/crashening-edition-bitcoin-is-bigger-than-by-the-numbers-or-17-or-bitcoin-corrections-down-to-usd116b-market-cap-after-dips-or

https://steemit.com/bitcoin/@barrydutton/bitcoin-is-bigger-than-by-the-numbers-or-15-or-bitcoin-corrections-down-to-usd147b-market-cap-after-dips-or-btc-is-bigger-than

https://steemit.com/bitcoin/@barrydutton/bitcoin-is-bigger-than-by-the-numbers-or-14-or-bitcoin-corrections-down-to-usd138b-market-cap-after-big-dips-or-btc-is-bigger

https://steemit.com/bitcoin/@barrydutton/bitcoin-is-bigger-than-by-the-numbers-or-13-or-bitcoin-corrections-down-to-usd171b-market-cap-after-corrections-or-btc-is-bigger

https://steemit.com/money/@barrydutton/bitcoin-is-bigger-than-by-the-numbers-or-11-or-bitcoin-corrections-back-to-usd180b-market-cap-after-corrections-or-btc-is-bigger

https://steemit.com/money/@barrydutton/bitcoin-is-bigger-than-by-the-numbers-or-10-or-bitcoin-corrections-back-to-usd160b-market-cap-after-corrections-or-btc-is-bigger

https://steemit.com/money/@barrydutton/bitcoin-is-bigger-than-by-the-numbers-or-9-or-bitcoin-corrections-back-to-usd130b-market-cap-after-corrections-or-btc-is-bigger


Trading Candle Cheat Sheet:

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Further Reading/Source/Resources


Friend of the People -- Enemy of the State.

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Thanks for reading, have a nice day.


PixaBay has tons of free pictures for us all to use!!!
Super Easy/Fast Picture Edits / Resizing at: http://www.picresize.com/ and also https://www298.lunapic.com/editor/






If you liked this blog post - please Resteem it and share good content with others!

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Some of my recent blogs:

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https://steemit.com/politics/@barrydutton/how-i-feel-about-the-property-taxes-in-my-city-well-about-half-of-how-i-feel

https://steemit.com/bitcoin/@barrydutton/live-now-trading-bitcoin-from-a-moscow-bar-at-2am-what-can-go-wrong-or-crypto-101-video-60-mins-tone-vays-former-wall-st-trader

https://steemit.com/gold/@barrydutton/p5n5u-bitcoin-vs-gold-max-keiser-debates-peter-schiff-it-gets-heated-great-watch-to-learn-about-gold-crypto-bitcoin

https://steemit.com/curation/@barrydutton/hey-steemit-family-what-was-your-1st-blog-post-you-authored-on-here-and-why-or-e-47-or-post-it-or-community-engagement-series

https://steemit.com/bitcoin/@barrydutton/cryptocurrency-on-hodl-what-are-you-hodl-g-or-sodl-g-today-28-or-origin-of-hodl-always-included-for-newer-crypto-folks

Most Images: Gif's - via Giphy.com , Funny or Die.com / Pixabay. Today:


If you feel my posts are undervalued or you want to donate to tip me - I would appreciate it very much.

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LiteCoin (LTC) - LKdsnvSXk9JW99EiNicFMGKc1FXiBo9tUE

EOS (EOS) - 0xD37bEFf5bf07E3aa432de00cE0AaA8df603A4fB0

Ethereum (ETH) - 0x3Ad69Ff057C9533ca667B2d7E3E557F5eeFd4477

Ethereum Classic (ETC) - 0x5ab2b08d4ce8d454eb9d1ecc65c6d8b0c5f9784c

DASH - XgZvsvSZgPkNbmGbRhc3S1Pt2JAc7QHwiS

PIVX - DA3azxQqJiX9t7EviuacpamfNhMi2zGAUh

Stratis (STRAT) - SNsJp6v1jXvKWy4XcXSXfNQ9zhSJJppJgv

ZCash (ZEC) - t1aCPEYELkGaf3GtgGTiCEDo7XfPm4QEwmL

Bitcoin (BTC) - 18J6RRuzX4V7b2CDbx7tWZYNBLkkGWsvWX



Please note -- I will have limited internet access for awhile -- so PLEASE do not be upset that I cannot reply right away, or to everyone. I am dealing with some changes, and will have limited time online and will be happy if I get a few blog posts up a week.
This has really upset some people but I do not force my opinions on others, or need to communicate every detail of my life or issues, most people do not care anyways. I invested around 10 hours or more a day on Steemit most of my first 13 mths here, trying to build community, put out content and engage people, help and donate to people, and I just do not have that time in my life right now, and that includes for replies and voting/curation.
I have done my best, sorry if you do not understand like some are clearly having a problem with. It's a blogging platform, and I will do my best at everything, and to keep blogging.
Carry On.

Sort:  

Still one of the best series going on Steemit, it is too bad some of the whales bully you.

excellent post quite complete and I think a good projection for the markets of cryptoactive congratulations continues so

This is a good way to put the volume into perspective. I use figures like this when talking to outsiders about crypto and when I tell them that Bitcoin is worth more than GE and Walt Disney that usually makes them stop and say “whoa!” Thanks for the post @barrydutton!

UV comments with many thanks for the nice words here, I feel the same!

Pay no attention to the bot in the replies who badgers me with prejudice every post I make now but will not discuss the matters with me.

The 1% sad mindset on this platform continues with a handful of people who think they are above everything else and everyone else.

Report the bot bullying if you wish to a decent witness like @ timcliff.

Thanks and have a good day!

This user is on the @buildawhale blacklist for one or more of the following reasons:

  • Spam
  • Plagiarism
  • Scam or Fraud

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