On other occasions, we have made similar analyzes about the wealth generated by cryptocurrencies in relation to traditional markets. Even comparatively among the same cryptocurrencies, we have seen how Bitcoin (BTC) has turned out to be a good investment instrument for many enthusiasts and experts in spite of its volatility.
We have already seen in our previous posts, how Bitcoin has dethroned large traditional markets such as Coca-Cola, Amazon to name some of the most popular and important, in terms of long-term profitability. In this opportunity we will give you a small demonstration of why the cryptocurrency is the leader of the ecosystem, despite being denied and attacked by many institutional investors, governments and traditional sectors of finance; It is equally desired and imitated by its detractors (JP Morgan case) to profit from how never before a stock market has allowed it.
In this opportunity we bring up the fantastic comparison of share prices between the giant of the networks, Facebook and its counterpart, Bitcoin; in the same period of time.
It is worth noting that Facebook is an ambitious project by Mark Zuckberg, a generation of millennials that, parallel to Bitcoin, managed to break into a dormant Internet market and in a certain way revolutionize it, to the point of being today one of the most important and influential corporations in the world. world. Who does not have an account in FB ?. That is why its comparative metric of stock prices of this company from its beginnings to the present day is quite important, to highlight the great capacity of the crypto market that lies ahead.
At the time of Mark Zuckerbeg breaking into the stock market, Facebook quoted at $ 38.23 per stock on May 18, 2012. That same day in parallel, Bitcoin (BTC) had a not so popular quote of $ 5.10. That is, almost -8x the price of the blue giant.
In spite of this, Bitcoin has achieved historical highs that not even a Facebook action has been able to achieve in its years of existence. In the event that at the time of the launch of Facebook that spring of 2012 had bet $ 1000 on shares of the company at the launch price, today would have at the current price a profit of $ 3296.36 USD.
However, if that investor had bet in parallel $ 1000 in Bitcoins at the price of May 2012, his profit at the time of writing would be nothing more and nothing less amazing figure of $ 746 thousand dollars (746017.64 USD).
The scenario is obviously more interesting if we take as a reference the withdrawal of the investor from the respective shares of FB at its historical maximum and similarly the same exercise in relation to Bitcoin.
On July 9, 2018 FB managed to reach its historic high of $ 207.32 per share. If our investor had withdrawn his shares at that time, he would have obtained a total of $ 4422.97 in profits.
On the contrary, if the same investor had sold the **$ 1000 in Bitcoins *invested at the same time on December 17, 2017 at the historical maximum of the cryptocurrency of $ 19,346.60; his investment would have reflected a profit of +3.7 million dollars.*
Once again, cryptocurrencies, and especially Bitcoin; has shown that despite prolonged crypto winter, it continues to be an opportunity for many, with the due caution that investments require. After all, if Wall Street and its entire media apparatus exhort you to invest in companies without solid trajectories or manipulators of the market, do so with a volatile but decentralized asset; I do not see the difference and compelling reasons not to bet.
Facebook, like other big companies like Coca-Cola and Amazon; They have shown throughout history that they are products made to enrich a few. Although Bitcoin is not conceived for this purpose, it is at least if it wants to be cataloged, 'more democratic and representative'.