Bitcoin is Bigger Than: By the Numbers. | #6 | Bitcoin Corrections: Back to $185B Market Cap After Corrections. | BTC is Bigger Than IBM, McDonald's, Goldman Sachs, IBM, Ford and.......
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.
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.
After many days of huge corrections market wide, the numbers are sideways/still dipping again the past week.
--
Today that Total Crypto Market Cap after another " Correctionings " week.... is up to about ~ .52 TRILLION. (1/17/2017)
-- meaning ~$513B.
-- 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 few days, sorry. They are back up now....
1 Month View:
BTC began the 2016 year at about $15.5B Market Cap and we have not included the forks of BTC in these numbers either!
BTC begins the 2017 year at $255B Market Cap.
1 Year Bitcoin (Core/legacy chain) Chart: (BitcoinWisdom.com/Bitstamp - USD)
https://bitcoinwisdom.com/markets/bitstamp/btcusd
-- With the $200 billion mark now long eclipsed, (except for the 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 days ago, we DID cross the $300B Market Cap, and note those big corrections (red dips)
Bitcoin is Bigger Than:
This Week's List!
Source
Merck and Co. - w. Market Cap of $169.052B
Previous Weeks!
-- 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)
Some of the Backstory/History:
20 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.
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.
Past Episodes:
(Newest to Oldest)
https://steemit.com/bitcoin/@barrydutton/bitcoin-is-bigger-than-e-1
Trading Candle Cheat Sheet:
--
Further Reading/Source/Resources
Friend of the People -- Enemy of the State.
--
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!
--
Some of my recent blogs:
--
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.
--
LiteCoin (LTC) - LKdsnvSXk9JW99EiNicFMGKc1FXiBo9tUE
EOS (EOS) - 0xD37bEFf5bf07E3aa432de00cE0AaA8df603A4fB0
Ethereum (ETH) - 0x3Ad69Ff057C9533ca667B2d7E3E557F5eeFd4477
Ethereum Classic (ETC) - 0x5ab2b08d4ce8d454eb9d1ecc65c6d8b0c5f9784c
Bitcoin (BTC) - 18J6RRuzX4V7b2CDbx7tWZYNBLkkGWsvWX
DASH - XgZvsvSZgPkNbmGbRhc3S1Pt2JAc7QHwiS
PIVX - DA3azxQqJiX9t7EviuacpamfNhMi2zGAUh
Stratis (STRAT) - SNsJp6v1jXvKWy4XcXSXfNQ9zhSJJppJgv
ZCash (ZEC) - t1aCPEYELkGaf3GtgGTiCEDo7XfPm4QEwmL
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.
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.
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.
After many days of huge corrections market wide, the numbers are sideways/still dipping again the past week.
--
Today that Total Crypto Market Cap after another " Correctionings " week.... is up to about ~ .52 TRILLION. (1/17/2017)
-- meaning ~$513B.
-- 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 few days, sorry. They are back up now....
1 Month View:
BTC began the 2016 year at about $15.5B Market Cap and we have not included the forks of BTC in these numbers either!
BTC begins the 2017 year at $255B Market Cap.
1 Year Bitcoin (Core/legacy chain) Chart: (BitcoinWisdom.com/Bitstamp - USD)
https://bitcoinwisdom.com/markets/bitstamp/btcusd
-- With the $200 billion mark now long eclipsed, (except for the 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 days ago, we DID cross the $300B Market Cap, and note those big corrections (red dips)
Bitcoin is Bigger Than:
This Week's List!
Source
Merck and Co. - w. Market Cap of $169.052B
Previous Weeks!
-- 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)
Some of the Backstory/History:
20 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.
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.
Past Episodes:
(Newest to Oldest)
https://steemit.com/bitcoin/@barrydutton/bitcoin-is-bigger-than-e-1
Trading Candle Cheat Sheet:
--
Further Reading/Source/Resources
Friend of the People -- Enemy of the State.
--
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!
--
Some of my recent blogs:
--
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.
--
LiteCoin (LTC) - LKdsnvSXk9JW99EiNicFMGKc1FXiBo9tUE
EOS (EOS) - 0xD37bEFf5bf07E3aa432de00cE0AaA8df603A4fB0
Ethereum (ETH) - 0x3Ad69Ff057C9533ca667B2d7E3E557F5eeFd4477
Ethereum Classic (ETC) - 0x5ab2b08d4ce8d454eb9d1ecc65c6d8b0c5f9784c
Bitcoin (BTC) - 18J6RRuzX4V7b2CDbx7tWZYNBLkkGWsvWX
DASH - XgZvsvSZgPkNbmGbRhc3S1Pt2JAc7QHwiS
PIVX - DA3azxQqJiX9t7EviuacpamfNhMi2zGAUh
Stratis (STRAT) - SNsJp6v1jXvKWy4XcXSXfNQ9zhSJJppJgv
ZCash (ZEC) - t1aCPEYELkGaf3GtgGTiCEDo7XfPm4QEwmL
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.
--
LiteCoin (LTC) - LKdsnvSXk9JW99EiNicFMGKc1FXiBo9tUE
EOS (EOS) - 0xD37bEFf5bf07E3aa432de00cE0AaA8df603A4fB0
Ethereum (ETH) - 0x3Ad69Ff057C9533ca667B2d7E3E557F5eeFd4477
Ethereum Classic (ETC) - 0x5ab2b08d4ce8d454eb9d1ecc65c6d8b0c5f9784c
Bitcoin (BTC) - 18J6RRuzX4V7b2CDbx7tWZYNBLkkGWsvWX
DASH - XgZvsvSZgPkNbmGbRhc3S1Pt2JAc7QHwiS
PIVX - DA3azxQqJiX9t7EviuacpamfNhMi2zGAUh
Stratis (STRAT) - SNsJp6v1jXvKWy4XcXSXfNQ9zhSJJppJgv
ZCash (ZEC) - t1aCPEYELkGaf3GtgGTiCEDo7XfPm4QEwmL
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.
The whole market is recovering well.. Bitcoin recovered 20% already...
So quick! It's like it has springs! Lol:)
Bitsy!
Bitcoin don't care, it just un FUDS when it is ready LOL
It is still early days, and there are challenges every day. We need to remind people of this.
Bitcoin is the future ,
For a moment at almost touched $11k on Bitfinex. It was 0,06% higher than the same time yesterday. It's now -3% and for me it's not fully clear how it could end up by the end of today.
I'm using the BTC price to determine the micro moves LTC and EOS movements and trade some amounts.
I think the correction is more or less over. Let's see what happens tomorrow.
Well said all round.
Great post as usual. 2018 is the year of the crypto. It’s going to be exciting
Thanks for all the support.
You're right, more forks, more ICO's and more projects will dump.
What a time LOL
It’s so amazing. We are miles ahead of 98% of the worlds population right now.
I would partially agree that we are more or less trying to use our creativity in a kind of an innovative for our times way.
And yet, we are miles behind in knowing each other, loving each other and taking enough care of each other.
You are correct. Very sad. Followed and thanks for commenting
Hope it was ok to include your shotgun of useful info in my work in progress, the Third Edition of JT STEEM MAGAZINE
Never a problem buddy, keep on Steemin man.
Wow: I still remember reading a daring analysis by a Bank of America analyst that more-or-less said that Bitcoin should match the market cap of Western Union. Back in those days, it was a cautious buy recommendation.
Now, this makes for a real giggler from the past:
BofAML Sees Bitcoin Fair Value At $1300
Wow.
One for the history books LOL