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Topic: CAN WE SAY THE MARKETCAP OF BITCOIN IS FALSE?? (Read 560 times)

jr. member
Activity: 406
Merit: 2
that's an idea from a pope who is not good, if btc wants to be converted into fiat, so for what is btc so far created, isn't the main objective of btc made to replace fiat money, is that a market strategy? or just an issue that makes your eyes hurt when reading it, don't let this news change your position and make you not think long enough to release BTTC or you will regret it
hero member
Activity: 1148
Merit: 504
We can say that. We cannot rely on the market cap we see online as they also based it on different cryptocurrency exchanges not to mention that some of the  also provide false data such as volume and price to mislead the public. If we only have a regulated and well monitored market that is when we can see rhat the prices are true to its real value. If you look at BTC's market cap right now you will see different values that vary from site to site.
of course because each site has its own analysis of the total marketcap that exists, they don't manipulate it and that is a real picture of the total marketcap that exists, the difference in each site is also not much different right, it proves that total marketcap doesn't false
member
Activity: 714
Merit: 11
BountyMarketCap
Am just scared if Whales decide to convert Bitcoin to Fiat. Will Tether keep printing more Tether to circulation?.

jes the marketcap and the social support could indeed be illusionary and faked.

people stil think its trustworthy and reliable however,

most traders dont use coinmarketcap anymore btw.
precisely coinmarketcap is fake. the data is always different from other exchange sites. I actually trust the market exchanger website, where I directly sell or buy coins there. coinmarketcap is just an illusionary data.
hero member
Activity: 980
Merit: 507
Am just scared if Whales decide to convert Bitcoin to Fiat. Will Tether keep printing more Tether to circulation?.
If whales do convert bitcoin to fiat, there's nothing to be afraid of. Irrelevant to what you're talking about.

And yes, bitfinex will keep printing more tether, because they are shady as fuck.

Lol...i think them fuckers got sued.
They somehow managed to get their audit a big success and were able to prove that they have more than enough funds to back tether.

And then again, I hear they printed 50 Million USDT couple of days ago. I don't trust those stupid cunts no matter what.

If they were indeed sued, did they settle or go for the trial?
newbie
Activity: 14
Merit: 0
On my opinion, the market cap of bitcoin is real. Many exchange are controlling the amount of btc. The market situation is very transparent and you could track the every transactions that are made. Sounds good, right?
sr. member
Activity: 994
Merit: 257
Am just scared if Whales decide to convert Bitcoin to Fiat. Will Tether keep printing more Tether to circulation?.
It is very unlikely that the whales want to be out of the market, they are the ones that stand the most to lose if they do that, whales like most of us as well do not want to cash out, what they want is for the rest of the world to accept bitcoin so we can use our bitcoin directly without converting it to fiat first, so do not worry about it, besides if tether is found to be some form of scam, that is not related to bitcoin directly and at most the price will go down for some time but it will recover like always.
newbie
Activity: 140
Merit: 0
If we look at the market ,I think that the marketcap of bitcoin is through ansd so also to other cryptos in the coin market cap, the purpose of the coin market cap is to have guides and refetrence on what is going in the market,the value of the coins is always variable time after time.
member
Activity: 239
Merit: 10
Am just scared if Whales decide to convert Bitcoin to Fiat. Will Tether keep printing more Tether to circulation?.
I feel that we as a regular people are so we can manipulate it we are thinking that those things are really valuable and significant but they are just creating and imagining this value so this is not real or that you can feel and touch.
jr. member
Activity: 114
Merit: 7
Probably, yes, but we should remember that the same situation with traditional stock markets. The thing is that we need some metrics to compare currencies, consider it as market cap not in dollars but in points.
hero member
Activity: 1806
Merit: 672
We can say that. We cannot rely on the market cap we see online as they also based it on different cryptocurrency exchanges not to mention that some of the  also provide false data such as volume and price to mislead the public. If we only have a regulated and well monitored market that is when we can see rhat the prices are true to its real value. If you look at BTC's market cap right now you will see different values that vary from site to site.
newbie
Activity: 78
Merit: 0
No, I think that the market cap of bitcoin is real. Many exchange are controlling the amount of btc. The market situation is very transparent and you could track the every transactions that are made.
I also think that the market capitalization of the entire cryptocurrency market is growing steadily over time and that has shown the trend of this market. Cryptocurrency is gaining a lot of investor attention so I believe that this development is inevitable in the present.

Not only the present even in the future. 😎
I mean this is the future
newbie
Activity: 78
Merit: 0
Am just scared if Whales decide to convert Bitcoin to Fiat. Will Tether keep printing more Tether to circulation?.

Its true, there are different cryptocurrency market and the highest price will be always at the top, that is the reason why coinmarketcap.com si the most trusted site by every investors.

No you don't understand what I mean...am not saying its not trusted but the maths is a bubble. I made an example few weeks ago. Just read up previous discussion.
member
Activity: 392
Merit: 10
No, I think that the market cap of bitcoin is real. Many exchange are controlling the amount of btc. The market situation is very transparent and you could track the every transactions that are made.
I also think that the market capitalization of the entire cryptocurrency market is growing steadily over time and that has shown the trend of this market. Cryptocurrency is gaining a lot of investor attention so I believe that this development is inevitable in the present.
member
Activity: 294
Merit: 10
Am just scared if Whales decide to convert Bitcoin to Fiat. Will Tether keep printing more Tether to circulation?.

Its true, there are different cryptocurrency market and the highest price will be always at the top, that is the reason why coinmarketcap.com si the most trusted site by every investors.
member
Activity: 420
Merit: 18
market cap is nt wrong it is false media which create such rumors market cap is growing healthy and we can see more new money coming in
sr. member
Activity: 1498
Merit: 374
Leading Crypto Sports Betting & Casino Platform
Am just scared if Whales decide to convert Bitcoin to Fiat. Will Tether keep printing more Tether to circulation?.

 CAN WE SAY THE MARKETCAP OF BITCOIN IS FALSE??

Tether print as much money people gave them.

I dont see a reason why any whale would convert their bitcoins to fiat at this point if they could exchange at double price not so long ago.


Yes the marketplace is false because 20% of Bitcoin s is lost so Bitcoins marketcap is 20% smaller.

Really?  Wow. Thanks. My questions been over answered
[/quote

Wow, Why do you think that Bitcoin Market cap is False?  You have no supporting data presented, on the thread, your statement is different? i am confuse... Market is Volatile, anything can happen at any given time, Whales can simply manipulate the crypto market, it has some effects on their investment, they may loss or gain profits? Bitcoin is still stable even with the ups and down of its price value on the market. there is a lot of indicators that affect the market of Crypto.



newbie
Activity: 78
Merit: 0
Am just scared if Whales decide to convert Bitcoin to Fiat. Will Tether keep printing more Tether to circulation?.

jes the marketcap and the social support could indeed be illusionary and faked.

people stil think its trustworthy and reliable however,

most traders dont use coinmarketcap anymore btw.
Shocked Shocked Shocked
Does Coinmartketcap fake Huh. Is it a right information Huh. If yes can you give us a webgite which give us a right information. Thank you so much.
I have used Coinmarketcap at the beginning when the first time I joined this market, I've very liked it and trusted it, so sad to hear it fake informations Sad

Lol he doesn't mean fake like that...i mean the calculations are extremely perfect. But the marketcap can't give perfect precision about liquidity unless it's added (not volume)

lemme give an instance. If I make coin of 10M total supply, if only 1000 of the coin is mined and sold on a market for 100$ that is 1 token 0.1$. If such coin is added on coinmarket it will have a total volume of $1M mean while only 1000 is in circulation.
newbie
Activity: 78
Merit: 0
Am just scared if Whales decide to convert Bitcoin to Fiat. Will Tether keep printing more Tether to circulation?.

jes the marketcap and the social support could indeed be illusionary and faked.

people stil think its trustworthy and reliable however,

most traders dont use coinmarketcap anymore btw.
Shocked Shocked Shocked
Does Coinmartketcap fake Huh. Is it a right information Huh. If yes can you give us a webgite which give us a right information. Thank you so much.
I have used Coinmarketcap at the beginning when the first time I joined this market, I've very liked it and trusted it, so sad to hear it fake informations Sad

Lol he doesn't mean fake like that...i mean the calculations are extremely perfect. But the marketcap can't give perfect precision about liquidity unless it's added (not volume)
newbie
Activity: 161
Merit: 0
No, I think that the market cap of bitcoin is real. Many exchange are controlling the amount of btc. The market situation is very transparent and you could track the every transactions that are made.
member
Activity: 350
Merit: 10
Am just scared if Whales decide to convert Bitcoin to Fiat. Will Tether keep printing more Tether to circulation?.

Lol, you scared of something so illusionary and far from being a reality. Whales has nothing to do with the market cap of Bitcoin and so as the tether. All that's Bitcoin has achieved is due to the people patronizing it and not the whales.
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