CAN WE SAY THE MARKETCAP OF BITCOIN IS FALSE?? - page 2.

boyknightvn

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Quote from: KingScorpio on June 27, 2018, 01:46:48 PM

Quote from: Lion_ashy on June 27, 2018, 11:58:03 AM

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.

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

jeronimosuykens

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Quote from: aso118 on July 12, 2018, 04:22:59 PM

Quote from: bryant.coleman on July 10, 2018, 09:34:09 AM

It is very difficult to calculate the real market cap of Bitcoin. Because a huge number of Bitcoins are "lost", i.e no one is having the private key to spend them. This includes the BTC980,000 stash mined by Satoshi.

I guess there is always the possibility of Satoshi's coins entering the market. If he is still around and has access to his private keys, he may still spend them. Even if he isn't attached to material wealth, there is the possibility of him transferring the coins to a Bitcoin Foundation or some charity.

May. Whales can affect everyone in the world of digital money investing, but playing the role of the main owner or controlling the black market, I think that's a mistake, that's why. you are not afraid,
Because whales do nothing to make electronic money turn into fiat, so you have received the wrong kind of news.
Consider the good news not to lose the opportunity as well as money.

Lion_ashy

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Quote from: Chrisjay29 on July 12, 2018, 04:46:50 PM

In my own opinion yes. The market of bitcoin are false. Because the movement of his market is quetly unpredictable sometimes its up and tomorrow will be down

Exactly what I thought... But someone gave justice to it already. Go to the first page of this discussion.

v3liana

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Quote from: KingScorpio on June 27, 2018, 01:46:48 PM

Quote from: Lion_ashy on June 27, 2018, 11:58:03 AM

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.

yes its true there is a lot local exchange that not listed on coinmarketcap. So we dont know exactly the capital but for sure marketcap do help us to watch the price and all altcoins. So i believe coinmarketcap still can be trusted.

Quote from: PayneCharity on July 14, 2018, 12:53:23 PM

I think whales will never give up on this market and they think that if they sell Bitcoin and exchange fiat currency, then the crypto market will probably collapse as soon as the whale does it. They only sell Bitcoin when they no longer want to make money with this market

i think whales are invest in crypto for long term and they would not just turn all of their money into fiat like that and i do think if they do it big market crash will happen again.

PayneCharity

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I think whales will never give up on this market and they think that if they sell Bitcoin and exchange fiat currency, then the crypto market will probably collapse as soon as the whale does it. They only sell Bitcoin when they no longer want to make money with this market

ImTree

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Something tells me that the whales are too wise to do that

for me it is a great sign that bitcoin is still alive, that they keeping their funds in Bitcoin, because if bitcoin would be dead, I think they would be the first to withdraw the money.

Chrisjay29

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In my own opinion yes. The market of bitcoin are false. Because the movement of his market is quetly unpredictable sometimes its up and tomorrow will be down

cryptoalfs76

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Quote from: Lion_ashy on June 27, 2018, 11:58:03 AM

Am just scared if Whales decide to convert Bitcoin to Fiat. Will Tether keep printing more Tether to circulation?.

Will in my own thought maybe whales are influencng people in the world of digital currency investment,but acting as main owner or the one who control the black chain market i thinks thats is a foul,thats why dont scared,because whales did not do nothing to make the cryptocurrency turns into fiat,while in the other hand the market caps of bitcoin is true,so therefore where did you get thats kind of news? maybe you can read and heard a fakes news about cryptocurrency.

aso118

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Quote from: bryant.coleman on July 10, 2018, 09:34:09 AM

It is very difficult to calculate the real market cap of Bitcoin. Because a huge number of Bitcoins are "lost", i.e no one is having the private key to spend them. This includes the BTC980,000 stash mined by Satoshi.

I guess there is always the possibility of Satoshi's coins entering the market. If he is still around and has access to his private keys, he may still spend them. Even if he isn't attached to material wealth, there is the possibility of him transferring the coins to a Bitcoin Foundation or some charity.

Lion_ashy

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Quote from: aeternus on July 11, 2018, 09:02:04 PM

Quote from: Lion_ashy on June 29, 2018, 02:53:01 PM

Quote from: notaek on June 27, 2018, 02:00:59 PM

Your query is out of line. Marketcap isn't just related with whales, tether and so on...

Quote from: Lion_ashy on June 27, 2018, 11:58:03 AM

Am just scared if Whales decide to convert Bitcoin to Fiat.

Just don't. Whales aren't a bunch of fools. They are just waiting for the perfect opportunity to buy and turn a corner.

Quote from: Lion_ashy on June 27, 2018, 11:58:03 AM

Will Tether keep printing more Tether to circulation?.

Yes, they might. Nobody knows what their next move is.
But that's irrelevant to your previous query.

Afterall, if you think marketcap is a metric for tracking the total valuation of Bitcoin, then you're wrong.

I know whales are not fools...but selling a huge part of what they hold is a way to manupulate the market. Causing more downfall. And with my little knowlege i believe that it will get a point when tether printing will bring fake marketcap. That was my reason for this topic. A friend of mine said that cryptocurrency was a joke. Sincerely i couldn't argue it. I just smirked.

But you are not giving a reason of why the whales will want to get out now. The price is very low, if they wanted to sell they could have done it at the top or close to the top of the market, also if they sold so many coins at the same time this will alert the markets and the price will go down even further, reducing their profits even more than before.

🤔 that's actually wise. You mean because exchanges might not have the liquidity isn't it?

aeternus

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Quote from: Lion_ashy on June 29, 2018, 02:53:01 PM

Quote from: notaek on June 27, 2018, 02:00:59 PM

Your query is out of line. Marketcap isn't just related with whales, tether and so on...

Quote from: Lion_ashy on June 27, 2018, 11:58:03 AM

Am just scared if Whales decide to convert Bitcoin to Fiat.

Just don't. Whales aren't a bunch of fools. They are just waiting for the perfect opportunity to buy and turn a corner.

Quote from: Lion_ashy on June 27, 2018, 11:58:03 AM

Will Tether keep printing more Tether to circulation?.

Yes, they might. Nobody knows what their next move is.
But that's irrelevant to your previous query.

Afterall, if you think marketcap is a metric for tracking the total valuation of Bitcoin, then you're wrong.

I know whales are not fools...but selling a huge part of what they hold is a way to manupulate the market. Causing more downfall. And with my little knowlege i believe that it will get a point when tether printing will bring fake marketcap. That was my reason for this topic. A friend of mine said that cryptocurrency was a joke. Sincerely i couldn't argue it. I just smirked.

But you are not giving a reason of why the whales will want to get out now. The price is very low, if they wanted to sell they could have done it at the top or close to the top of the market, also if they sold so many coins at the same time this will alert the markets and the price will go down even further, reducing their profits even more than before.

xbl1008

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yes I think so it can be just an estimation of what is on the market but it is a big help in determining such effect can happen on the market with the volume forecasted there we can conclude our analysis on what will be going on the market if such news will be made and how will it react because just like the indicators its only the pass history of the movements of the market a accurate digits on time is hard to post when there is too many players in the market

shield132

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Quote from: pooya87 on July 03, 2018, 10:34:15 PM

Quote from: Lion_ashy on June 29, 2018, 02:53:01 PM

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I know whales are not fools...but selling a huge part of what they hold is a way to manupulate the market. Causing more downfall. And with my little knowlege i believe that it will get a point when tether printing will bring fake marketcap. That was my reason for this topic. A friend of mine said that cryptocurrency was a joke. Sincerely i couldn't argue it. I just smirked.

then what do you think has been happening so far? and why did you just think about it now? do you think they are going to start now that we had a 70% drop?
what you need to know is that any manipulation also has its own power and will soon run out of. you can't manipulate the price from $20000 down to $1 there is millions of other traders in the market too and they are also buying and selling bitcoin. at some point you reach a strong resistance (which is most probably the $6000 that we saw tested 3 times and remain strong) that can not be broken so the reversal happens.

tether has nothing to do with market cap! 90% of the things you read about it online is pure bullshit created during the downtrend to create panic

People's argument is always panic, yeah understand everyone wants panic in people but why do they want it? You'll say: to lower price. Then answer me, can you just give me one argument about why the hell do we need higher price of bitcoin? No, there is no way because bitcoin works well on 300$, 600$ and on 6000$ too as we see currently.
We can't say it's 100% sure. Btw here I remember coinmarketcup and how they manipulated price in minutes.

Lion_ashy

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Quote from: Nunoluck on July 10, 2018, 09:09:15 PM

Quote from: Lion_ashy on June 27, 2018, 11:58:03 AM

Am just scared if Whales decide to convert Bitcoin to Fiat. Will Tether keep printing more Tether to circulation?.

Convert bitcoin to fiat is not wise decision they should convert bitcoin into gold. That is the right way to save their wealth. Fiat will be useless,I think sell their bitcoin for fiat is their habbit, but they always buy it bitcoin again at lower price.

Although gold is kinda stable than btc but Is gold that much of a long term asset. It's sinking day by day.

Lion_ashy

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Quote from: Mind Control on July 10, 2018, 10:31:18 AM

Quote from: Lion_ashy on June 27, 2018, 11:58:03 AM

Am just scared if Whales decide to convert Bitcoin to Fiat. Will Tether keep printing more Tether to circulation?.

Most must be scared if ever these whales converts their Bitcoins to Fiat. This would really make the market crash dramatically. However, I believe that we won't be seeing this in the near future. Most of these whales are already rich and are just making their money grow.

Tether could produce more if ever they believe that this is necessary but I think consensus is necessary before this happens.

Quote

CAN WE SAY THE MARKETCAP OF BITCOIN IS FALSE??

If you are talking about the market cap reflected in CMC or alike, then I suppose they are true because the market cap is just a multiplication between the current price and the current circulating supply. There's no point faking them. However, market cap is irrelevant. Since it is just digits, it doesn't mean anything of significant to Bitcoin at all.

Thank you. This am following.👆👆

bitcoinerjawa

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no, marketcap is already naturally like that, will not be able to update every second, because market cap just as a place of information at a glance only, different from the market that always update every second.

jcarlo

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If whales converting their bitcoin to tether or fiat, its must be affecting on bitcoin price and maybe give big profits in short term for whales. They must be want make profits in long term and i think they will not selling all their bitcoin.

Nunoluck

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Quote from: Lion_ashy on June 27, 2018, 11:58:03 AM

Am just scared if Whales decide to convert Bitcoin to Fiat. Will Tether keep printing more Tether to circulation?.

Convert bitcoin to fiat is not wise decision they should convert bitcoin into gold. That is the right way to save their wealth. Fiat will be useless,I think sell their bitcoin for fiat is their habbit, but they always buy it bitcoin again at lower price.

avikz

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Quote from: Lion_ashy on June 27, 2018, 11:58:03 AM

Am just scared if Whales decide to convert Bitcoin to Fiat. Will Tether keep printing more Tether to circulation?.

Market capitalization is a illustration of the strength of a currency. So I can't say it is 100% correct and may be misleading sometimes. Let me give you an example,

Lets assume a coin named ABC has launched 1000 coins in the market. The coin is listed in an exchange and someone buys 1 coin with $5 price. The market cap of ABC coin will immediately become $5000 without the rest 999 coins hitting the market.

Also to your question, there is no corelation between bitcoin conversion to tether printing. So chill!

Twentyonepaylots

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Quote from: Lion_ashy on July 10, 2018, 04:36:27 AM

Quote from: Febo on July 09, 2018, 06:37:53 PM

Quote from: Lion_ashy on June 27, 2018, 11:58:03 AM

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

Assuming your right about the Marketcap, about the manipulation of Whales ? Do you think we can do something about it? Whales converted Bitcoin to Fiat, printing more FIAT? I see no reason pointing this topic in this forum, it create negative impression, and possible lost of confidence on crypto currency digital transaction. Crypto is Decentralized digital transaction, with support system, Blockchain in place, fundamentals are stable, market structure are clear on the market, one should always remember that Market is Volatile, anything can happened at any given time, with whales manipulation or not? marketcap is false? we can do nothing about it except to protect our investment.

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