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.
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 about ~5 days of huge corrections market wide, the numbers are climbing again.
Today that total Crypto Market Cap after the correctionings week.... is back to about ~ .6 TRILLION. (12/27/2017)
-- meaning over $600B.
-- 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
BTC began the year at about $15.5B total market cap and we have not included the forks of BTC in these numbers either!
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, it's overtaken giants like Oracle ($201 billion), and major drug maker, Pfizer Inc. ($213 billion).
1 Month Chart for BTC - Note 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
-- VISA Inc. with a $258.39 Market Cap!
Previous Weeks!
-- 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
Monero (XMR) - d8ecb02c09f70ec10504b59b96bc1f488af28b05933893dfd1f55b113e23fbff
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.
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 about ~5 days of huge corrections market wide, the numbers are climbing again.
Today that total Crypto Market Cap after the correctionings week.... is back to about ~ .6 TRILLION. (12/27/2017)
-- meaning over $600B.
-- 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
BTC began the year at about $15.5B total market cap and we have not included the forks of BTC in these numbers either!
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, it's overtaken giants like Oracle ($201 billion), and major drug maker, Pfizer Inc. ($213 billion).
1 Month Chart for BTC - Note 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
-- VISA Inc. with a $258.39 Market Cap!
Previous Weeks!
-- 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
Monero (XMR) - d8ecb02c09f70ec10504b59b96bc1f488af28b05933893dfd1f55b113e23fbff
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
Monero (XMR) - d8ecb02c09f70ec10504b59b96bc1f488af28b05933893dfd1f55b113e23fbff
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.
I'm personally waiting for Bitcoin to eclipse Amazon and Apple, combined! Can you imagine the headlines? That will be a truly glorious day.
The best will be for it to pass Fedbook first, because that is closer on the list than Apple.
Ah Mcdonalrd’s. They use to have great fresh fires they really did. Then they switch the oil for “heath concerns” now I just view them as “match stick fry’s” as they might as well sell them in a matchbook…
It’s amazing what use to be hearth and soul of America is now just a rust bucket of sadness slowly decaying into an abyss.
While I was not shocked by some of these numbers I was by Oracle still being worth over 200 billion. Sure they have some amazing software but it’s so crazy expensive most cant afforded to even train on it let alone use it like there inventory or accounting software.
That spammy dude you talked to today, is back here again, he was just flagged man.
I love this series a whole lot, it really puts crypto in a IRL name brand space for people!!!
Ah some just never learn lol.
Ineed this is a great series I like it! Really reminds you just how powerful cryptocurrency is getting even if you just look at btc.
Look at the jerk @yassine04 on my lasagna post and what I said to him, again, in the last hour -- that guy needs to be flagged into oblivion for WEEKS of daily bad behaviour and my SP is so low now.
Well people are talking about separating down votes into having their own bar. ..
Bitcoin truly manifest how powerful crypto currency can be, and how profitable altcoins will be in the future ,, awesome post thanks for the share. resteemed
Bitcoin Will become 30 000 $
Yep.
I really hope the issues get fixed!
-- Like soon times!
Yes yes of corse
after it hits/corrects to 10 or 8k again yes.... mid year probably!
Thanks for the post.
Following
@ohicklin
You pasted this reply out all day long to people, I see on your page / comments tab.
You may want to stop that.
OK. Thanks.
I had just read a help post that suggested making a lot of comments helped. Thought it might help to let others know I was following them.
Think I understand it better now. Finding a niche and getting to know others in that space makes sense.
You obviously have been involved in this a while. How do newcomers learn best how to navigate. And how do things like voting bots we hear so much about fit in. Quite frankly that sounds like cheating if this space is to be idealistic.
Why are practices that allow an unfair advantage tolerated, and worse yet, promoted?
Thanks
Upvoted, following and resteeming this one! Thanks for the great post!
Thanks Sally.
thanks for the information his friend .. please enter my blog a moment and unvote have my friends yes
No, stop spamming people with demands.
oo sorry if i have one friend ya .. please unvote ya kinda have me
Your whole comments page is filled with this kinda crap and pasted replies.
Stop it.
Yep, I think these lows are just the normal market corrections! Bitcoin still has a long way to go, and all in all Crypto will bring about a great and amazing change!
I posted a reintroduction being I have been gone for so long. But Recently I have joined a team working to help promote their coin. I see there is going to be a good future in the coming years for everyone that has been, and will be getting involved in cryptocurrencies!
I hope Bitcoin can learn to keep up!
nice.... for inspirational and motivational quotes follow me @giftedwords
You have been spamming people all day long, that is enough.
Flagged for spam and others have warned you today that I have seen also.
i am very sorry never knew it was wrong, it will never happen again, i am new to steemit please accept my apology.