Topic: CoinMarketCap.com - Market Cap Rankings of All Cryptocurrencies! - page 138. (Read 639542 times)

There is a very good coin out there called Charitycoin that you should consider adding. See the specs below :

WHAT IS CHARITYCOIN?
CharityCoin is a new cryptocurrency with a single goal and purpose, to become the world’s number one charitable cryptocoin helping to fund-raise for charities across the globe. CharityCoin’s strengths lay within its community as ten percent (previusly 5%, increased after community vote) of all mined coins are added to the CharityCoin donation fund and distributed to our supported charities.

Remember that by using CharityCoin you are helping to raise funds for charities currently supported with the charity wallet fund.

CHARITYCOIN SPECIFICATIONS
Algorithm: Scrypt
Max. coins: 500,000,000 CharityCoins
2.5 min block target
500 initial block subsidy
100,000 blocks (~5.8 months) between subsidy reduction
10% reduction (not half)
Kimoto Gravity Well retarget
5% charity donation before block 20,400
10% charity donation since block 20,400
No premine

You can find more info here http://www.charitycoinfoundation.org/

I think the current method should stay as it is with filters applied. If people in this crypto space can't filter through that list and discount those coins they think are scams based on their own preconceptions, then they're in over their head to begin with and lessons get learned. Welcome to life in the free world friends!

I also think the parallel drawn by freebird is closer to actual in terms of SLR than the application of the strict definition of market cap from an equity valuation perspective. And I say that only because of the hours and days I've spent researching every minute aspect of SLR since the end of January! Obviously I'd like to see the price rise because I do own some SLR but I would much rather a slower beginning than a fast and volatile one. Time will tell.

One observation I'd like to offer up for discussion is that this is an entirely new financial space we are in with a yet to be determined set of definitions detailing exactly what a crypto currency really is. Some behave more like equities, some like fixed income, some like real estate, some like currencies and some like a form of derivative even. Then there is the identification of whether the crypto in question is being purchased for its utility value or as an investment or as a pump and dump. Throw all of those competing attributes in where only bits and pieces apply to this coin or that coin and it becomes clear that you can't apply the strict definitions from the fiat financial markets to the crypto markets with one easy stroke.

This is a great adventure we are on and the terms that will eventually define this market will be created by all of us. This entire thread is part of the beginning of all that! It's very exciting.  

Please add Polcoin 

Filter Significantly Premined  !  Please

I didn't say you're wrong. I'm saying that cryptocurrencies are not stocks and the total value of such an asset should not be calculated in the same way as stocks. I used the analogy of gold to show that we would count the gold reserves held by a central bank as part of the total value of all the gold in the world. Because cryptocurrency is treated as "property" (i.e. like a commodity) by the IRS, we have to count its value in that way, not in the way we count the value of stocks issued by a company. Premined cryptocurrency is like gold or whatever other commodity asset held in trust by a central bank.


No, in fact it's very different. 21 million bitcoins have not yet been created, only 12.5 million. The extra 8.5 million bitcoins are nonexistent at this time. For example, let's say somebody wanted to try to steal them. They couldn't, because they literally do not exist. On the other hand, if somebody wanted to try to steal premined coins, they could, because they do exist. It would be like robbing a bank of its gold reserves or dollar reserves or whatever other reserves being held in vaults which is not circulating in the market.

Admittedly, that is a huge risk of premined cryptocurrencies. There are a lot of premined coins sitting in a vault somewhere, and possibly they could be stolen. The market should decide how much they are worth, based on taking this risk into consideration. And I'm sure people do think about it. I certainly did before I bought my SolarCoins. And that's why I'm helping the SolarCoin Foundation to finalize their governing documents so that the control over the premined coins will be strictly governed by a legal structure.


Ask yourself this: If I'm just a shill, would I be pointing out the risks associated with premined cryptocurrencies? SolarCoin and other premined cryptos are essentially trying to create alternative central banks. I happen to think SolarCoin is by far the most legitimate attempt out there, and I like the idea of a currency backed by a system of rewarding people for generating clean renewable electricity. But let's not fool ourselves: The growing trend of premined cryptocurrencies is a trend of people trying to create alternative central banking institutions that release reserves of currency into the marketplace based on whatever is their philosophical criteria. This is something very different from bitcoin, and it may in fact be the future of crypto as bitcoin gradually fades away and is overtaken by premined cryptos based on philanthropic purposes. Premining by institutions that manage cryptocurrencies is a major new trend in the crypto sector, and we would be wise to take it seriously rather than relegate it to "automatic scam" or "pump and dump" status.

Like I said, I don't know anything about it and I'm not saying it's a scam. I'm saying that it's obvious that you and the other people here posting have something to gain from having it appear so highly on the list. Just like that marinecoin dev (higher market cap than apple! lol). And your faulty arguments make it clear as well. Ask your wall street "who's-who" how to accurately calculate market cap (which is a term USED FOR STOCKS. not for commodities.) and they will undoubtedly agree with me.

You didn't answer my question. Should we count the total number of coins to be mined for all of the coins out there? Should bitcoin's market cap be based on the 21 million that will eventually be mined It's no different than the pre-mine in that they will exist on the market some day...obviously this is a terrible way to do it and is precisely what counting pre-mined coins do.

If I made a coin with a trillion coin supply and pre-mined all but one, and then sold that one to my friend for $1...it doesn't mean that the coin has a trillion dollar market cap. No matter how much you think so.

If you're at all intelligent, you know that I'm right, but keep shilling for the coins you want to magically appear high on the list.

I bet the governments of the world really care about how much their printing.

I think your argument is even worse considering you don't even have one.

You can use the Zimbabwe Dollar also:

Governments don't care.

I bet you can't find more stupid argument! Is this even an argument?
No one wants to force you to use or stop using whatever shitty coin you want. Like Solarcoin.
You still will be able to use it! You're free to use whatever you want, no one cares!

Or perhaps we should stop using the "Dollar"?

Ripple.

+1

Solarcoin is NOT scam!! Plz refer press releases.

http://solarcoin.org/news/

Please ad solarcoin 

Well, all these comments are understandable! I see your point, premined coins are not necessarily bad/scam.
Of course if I'm the dev and the coin could make me a millionaire, sure it's not bad(for me). How could it be?  

I think we should not just distinguish some coins premined or non-premined. are all non-premined coins are good or all pre-mined (IPO) coin are bad?

now, pre-mined coin might be a new trend. could you guys definitely say it is scam? it's not fair!!!

let the market judge its total market value of the coin.

if a pre-mined coin is scam, it would be valueless. we should trust the judgement of people. if a pre-mined coin is good coin, it might be valuable. even more valuable than BTC is not a weird thing.

Mate SOLAR coin is 99 percent premined of 98 billion coins in total. That is incredibly dangerous precendent. It is no different from Marine coin and the marine dev with his delusions of grandeur to build Atlantic or Marine city or whatever the fuck he claims. These greedy bastards don't deserve the spot light.

Not all "premines" are necessarily bad. Not all alt-coins are crap. Let the market decide.

I'm wondering how much Solarcoin is a factor in this myself.

Listen, there's no perfect way to do this.

Yes, premined coins which are held in reserve can make a coin appear higher in the rankings. However, that's really irrelevant, because if all of those premined coins were dumped on the market at once, the coin would drop to the bottom of the rankings.

There's no way to know how many coins are available. You just don't know who owns them and what their intention is.

You can look at the blockchain and see total supply, and you can look at the exchanges and see price. Everything else is conjecture.

Sure, make an option to filter out coins with sizable premines, just like you can filter out non-minable coins.

Coinmarketcap is a cool site and I check it daily. Keep up the good work.

Look at all you idiotic con artists trying to pass off your premined shites as legitimate. No one gives a fuck about your garbage coins considering we are supposed to trust you scammers with more than 90 percent of your coin's supply with little insurance based on your claims. Cry some more mates.

The guy doesn't get it he is basing the entire market cap of the Crypto Domain on Bitcoin, the BTC price is dwindling soon they will sell the 700k stolen BTC and BTC price will plummet  taking the entire Market cap of crypto domain with it, according to his world view.

This is very very bad for Crypto in general, in a few months it may be from 10 billion market cap to 2 Billion total market cap because of his calculations and Bitcoin fanatics, people like Warren Buffet are gonna come out and start saying "We told you to stay away from Bitcoin" how ever artificial it may be we should increase the total market cap of Crypto to astounding levels to generate publicity and assure public opinion that Crypto is getting bigger not shrinking.

This guy is trying to undermine everything for Crypto single handedly. Marinecoin is designed to have immense market cap that will surpass Apple inc. and beyond to get attention and publicity not for its community but Crypto in general. He just doesn't get it.

Gotta agree…think whomever is doing this has it all wrong. 

Solar coin just may be the most credible and well-backed coin in the entire coin industry/market?

Their pre-mined coins serve the purpose of those people in the world that contribute by producing solar energy, and are reserved as reward to them for such activity.

You totally messed it up big time this time, where do you get those numbers from for Marinecoin especially, rumours??? You are changing the coin supply of Marinecoin based on premine, just saying if you keep on doing what you are doing you will lose your business, Mark my word, All market cap for any stock of corp. is calculated the same way, in a few weeks no one will take your site seriously, suit yourself. go to targetmoon.com Marinecoin is number two, what you are trying to do is insane.

I would like to now announce that Marinecoin is not Pre-mine first 1000 Blocks for 9billion+ coins were block bonus, How about that.