CAN WE SAY THE MARKETCAP OF BITCOIN IS FALSE?? - page 3.

Topaz72

member

Activity: 322

Merit: 10

Quote from: Lion_ashy on July 10, 2018, 04:38:43 AM

Quote from: bitcub on July 09, 2018, 06:56:55 PM

Whales cannot completly manipulate btc or else they might lose the trade. They are following the chart of btc.

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?.

Lol and it's not asif they all gather at a place for a meeting or something.😁😁😂

That is hilarious. I do not think they are able to convert Bitcoin into fiat and nor they meet up in particular places assigned. A technology like Bitcoin which is a decentralized as well cannot be easily put to an end. We have a lot of gap and Bitcoin is still to finish it as the demand will rise high when the prices starts rising. Besides, there are government regulations and the activity of the Whales that cause disturbance but the market ultimately recovers.

Mind Control

member

Activity: 224

Merit: 41

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.

drm

legendary

Activity: 1176

Merit: 1005

As long as bitcoin is trading at the value/coin that is currently making up the market cap, I wouldn't call it false.

bryant.coleman

legendary

Activity: 3752

Merit: 1217

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.

Ondre

jr. member

Activity: 238

Merit: 1

https://i.imgur.com/iwknjIj.png

Market cap is where you can see what value of a coin would be in a day in an hour, in a minute or in a seconds. We are to check in there how it is doing and since Bitcoin is on top of every coin in the market then it is TRUE vaue of Bitcoin whether a coin is on top or velow whatever value listed there is true.

gaxfrwpy

newbie

Activity: 164

Merit: 0

I think we are a little over worried. The price of bitcoin is now close to the cost of mining, and if whale continues to lower the price, the miners will collect bitcoin in the market.

googs84

sr. member

Activity: 630

Merit: 256

CryptoTalk.Org - Get Paid for every Post!

I don't think that it is false one because its NOT.

Frist thing, the whole market cap is not just made up of the whales, there is our money too. There is less number of whales (how many are richest?) and rest of the market constitutes of people like you and me.

I guess if they dump the bitcoins that they are holding then also there will be some value to bitcoin for which our money in the market cap will be responsible.

TheClownSong

sr. member

Activity: 1428

Merit: 251

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?.

If tether keep printing more thether, must be oversupply on market and bitcoin price must be increasing. If whales want to sell their bitcoin, they must be not selling all their bitcoin at same time because its affecting on tether supply and bitcoin price.

Lion_ashy

newbie

Activity: 78

Merit: 0

Quote from: bitcub on July 09, 2018, 06:56:55 PM

Whales cannot completly manipulate btc or else they might lose the trade. They are following the chart of btc.

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?.

Lol and it's not asif they all gather at a place for a meeting or something.😁😁😂

Lion_ashy

newbie

Activity: 78

Merit: 0

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

bitcub

sr. member

Activity: 952

Merit: 250

Whales cannot completly manipulate btc or else they might lose the trade. They are following the chart of btc.

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?.

Febo

legendary

Activity: 2730

Merit: 1288

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.

Lion_ashy

newbie

Activity: 78

Merit: 0

Quote from: pitiflin on July 04, 2018, 06:54:35 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?.

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.

Lion_ashy

newbie

Activity: 78

Merit: 0

Quote from: notaek on July 04, 2018, 06:28:32 PM

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

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.

That's not what they are doing by the way. You still seem to be confused again.

Just look at the dominance charts and you'll know that the involvement has lost by many folds when compared to the bullish times.
Its more of a psychological approach of various FOMO investors when Bitcoin reached $20k. That's what fueled the bearish trend.

Hmm. You like master Yoda of cryptocurrency. Always seeing sense in your view. #respect.
I hope to become like you one day. When am done with school. I think am gonna face this shit squarely.

pitiflin

hero member

Activity: 980

Merit: 507

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?.

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.

petronus

jr. member

Activity: 252

Merit: 4

I do not know that. I only see the registered coin and volume amount in coinmarketcap. how anyone can manipulate data on coinmarketcap site?

bombie1

newbie

Activity: 112

Merit: 0

well market cap is based on facts and figures so in order to disprove that,one has to conduct careful research to be able to say that the marketcap of btc is actually true or false.But until a systematic research is done,there will be no valid argument about this topic.

notaek

legendary

Activity: 1268

Merit: 1009

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

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.

That's not what they are doing by the way. You still seem to be confused again.

Just look at the dominance charts and you'll know that the involvement has lost by many folds when compared to the bullish times.
Its more of a psychological approach of various FOMO investors when Bitcoin reached $20k. That's what fueled the bearish trend.

Grayy

member

Activity: 322

Merit: 12

Whales do not exist as a single unit. Can all whales decide to pull out their money all at once? That's impossible because investors would never have a single mind in any form of business. While you're deciding to sell low, someone is also ready to buy and hold and sell it at a higher price.

Lion_ashy

newbie

Activity: 78

Merit: 0

Quote from: Df9898 on July 03, 2018, 10:38:02 PM

yes we can say the maketcap is false if bitcoin have a more mistakes.

I don't get that sir

Topic: CAN WE SAY THE MARKETCAP OF BITCOIN IS FALSE?? - page 3. (Read 557 times)