If BTC were a company, its market cap would rank #10 in the world now (293B)

in bitcoin •  7 years ago  (edited)

airplanes-713662_1280.jpg

With Bitcoin price rising so fast and ouch, I investigate again its market cap against those big giants in the world. As per the moment I write this post, Bitcoin has a marketcap of 293 billion US dollars.

From a source named Statista (data date is in April but still approximately usable I think), the world's most valuable company is no surprise Apple from the US with a market cap of 752B! Well done! The 2nd one is Alphabet (aka Google) with 579.5B. Again, no surprise.

So, Bitcoin, if viewed as a company, where would it be on the list?

Number 10 now!!


Replacing Tencent from China and chasing JPMorgan #9! Even so, I assume it may @surpassinggoogle and @surpassingapple soon, although might not happen this year but definitely within one year...

It's also interesting to compare cryptocurrency as a whole. The total marketcap is 443B. This would be #3 between Microsoft and Amazon now.

This comparison is for fun and to give you some sense about how big these coins are, but of course cryptocurrencies are very very different from companies.

If you are wondering how #2 and onward cryptocurrencies' ranking, well, I can tell you that all of them are off the table as the last (#100) one Mitsubishi has a marketcap of 83.9B. Still twice as large as Ethereum.

For your information and leisure. ^_^


Information and image sources:
https://pixabay.com
https://coinmarketcap.com/
https://www.statista.com/statistics/263264/top-companies-in-the-world-by-market-value/ (they made some mistakes on this page but I believe the stats are good except one typo on ExxonMobil)

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pesawatnyan terlihat keren dan menakjubkan sekali .

great going kudos to bitcoin

This market has gone insane, the question is, where is the money going to go next?

BAT? haha... you are the master, you tell me. :)

Hopefully BAT ;) probably back to USD

Seems it's BCH's turn now...

That seems so incredibly high! I'm hoping it will stabilize, but I'm kind of worried about a crypto crash.

I've been watching it too. I've even plotted out the next 350 days. I think it will pass the Apple in less than 80 days, pass the US dollar is less than 300 days, and pass the US debt and the S&P 500 in less than 350 days.

If BTC were a city...it's Gross Municipal Product would be less than Dallas-Ft. Worth.
It's capitalization would be MUCH less.

but btc is no company so no one cares

Wait until it's #1 :D

If BTC were a company, the admin would have steal all the coins away already haha.

Yeh yesterday when market cap is around $370 billion it crossed J.P Morgan's value. I must see face of the companies CEO when that happened 😂

Wont it be profitable to convert crypto into some currency with lower market capacity????????? bitcoins are making so mucg progress right now all for what coz it has only 21 million market cap max... if u invest into something into even lower market cap then today or tomorrow u can make way more money...plus bitcoin mining is becomng so expensive now that unfortunately people will lose interest i think investing into btc wont be the best option u hv right nw