..

How Does Bitcoin Compare With Other Markets

Written by:
Guest
Published on:
Jan/18/2018

The market cap is recording very stunning information each day. Those who are dealing with any form of cryptocurrency can tell you how volatile the market is. But in as much as the market is volatile, digital coins are recording tremendous results just like pay per head business. When you compare the cryptocurrency market cap with some markets, you will be amazed.  The digital currency market cap, which started the other day, is surging fast. 

According to CoinMarketCap, the current standing is at an overall of $677 billion.  Bitcoin leads other digital currencies in the market cap. Analysts say that the current bitcoin market cap is more than those of McDonald’s. Although a renowned world fast-food company for years, bitcoin has surpassed it fast. The other international company that bitcoin market cap has killed is PayPal. This is a global payment processing company. Many people send and receive their money through this company.

The two companies, PayPal (1998) and McDonald’s (1940) have been in operation longer than bitcoin. But the digital currency which came into service in 2009 is way past these pioneers. But even as you continue to feel the awe that has been achieved by bitcoin, there are others that take the lead. The market cap has its owners. These are companies that make bitcoin look extremely tiny.

Apple, the world leading tech firm has a market cap of $800 billion. This is far much than that of bitcoin. You cannot believe what Ronnie Moas, the founder cum; director of Standpoint Research said that bitcoin. This digital coin prognosticator told that given five years, Bitcoin would beat Apple by far.  In other words, what Moas is saying is that if taken seriously, Bitcoin will surpass the $800 billion.
The world’s top 50 richest people have an accumulative of $1.9 trillion! Satoshi Nakamoto, the founder of the bitcoin, is still in the league of billionaires. Advertisement: Stop by TopPayPerHead.com to get your free two week trial free

Other digital currencies are coming up fast. Ripple is one of those coins that are creating a name for themselves. In recent days, the value of the Ripple has surged. This has created a profound effect on the founder, Chris Larsen. Because of the recent surge, Larsen is now among the world’s wealthiest guys. Sources confirm that he owns 5.19 billion in the Ripple cryptocurrency. Just think of that! According to Forbes, this gives Larsen a value of $12.82 billion. So, although bitcoin is growing in market cap, many other things have a large cap.

Business/Financial News

Jeff Ifrah: US Regulators Odds-On to Approve In-Game Tokens

Jeff Ifrah: US Regulators Odds-On to Approve In-Game Tokens

On this week’s CoinGeek Conversations, we spoke to the Founder of Ifrah Law, Jeff Ifrah as he discussed NFTs, possible US regulations in the Gaming and Cryptocurrency industries.

The Bitcoin White Paper: Timestamp Server

The Bitcoin White Paper: Timestamp Server

Continuing to review the series of dialogues between Dr. Craig S. Wright and Ryan X. Charles, where they discuss the Bitcoin White Paper line-by-line, we come to the section concerning the Timestamp Server. Dr. Wright is the inventor of Bitcoin and the Chief Science officer at nChain while Ryan is the founder of Money Button. 

The Bitcoin White Paper: Stealing Bitcoin

In the video discussion about the second paragraph of the Bitcoin white paper between Dr. Craig S. Wright and Ryan X. Charles, the topic of honesty arose with regards to nodes and the security of the system. While there are a number of security features built in to blockchain, the idea of a rogue or criminal node stealing transactions is thwarted from an economic standpoint.  

The Bitcoin White Paper: Proof of Work and Network

The Bitcoin White Paper: Proof of Work and Network

In a series of YouTube videos, Dr Craig S. Wright and Ryan X. Charles discuss the Bitcoin white paper line by line. Their discussions both clarify the original purpose and intent of Bitcoin as well as inspire additional thoughts about and future uses of it. Having the creator of Bitcoin explain it in his own words certainly clarifies some of the areas that have been misunderstood by many for a very long time. 

The Bitcoin White Paper: Part One

The Bitcoin White Paper: Part One

Who better to discuss the nuances and mapping of Bitcoin with than the creator himself, Dr. Craig S. Wright. That’s exactly what Ryan X. Charles was able to do in an interview discussing the Bitcoin white paper, line by line. It was an opportunity to share with the world in an open discussion Dr. Wright’s creation and vision. Let’s take a look at some of the takeaways from that interview.

Syndicate