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