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Topic: CoinMarketCap.com - Market Cap Rankings of All Cryptocurrencies! - page 204. (Read 639542 times)

legendary
Activity: 2142
Merit: 1010
Newbie
Oh yeah. So mastercoin and quark are not related to bitcoin but peercoin is.

U confuse similarity in codebase with similarity in processes inside corresponding communities. Peercoin enthusiasts r like true bitcoiners (focus on technology) while Quark community is more profit-oriented.
hero member
Activity: 826
Merit: 501
in defi we trust
                                                     The start of a beautiful day , with all the scams in red.




Maybe I'm colourblind, but I'm not seeing any red here?

You wanted the full 3.5 M .bmp version or the 110 kb one.
Besides , I've seen a lot of red lights that looked like green compared to this:))
legendary
Activity: 1232
Merit: 1195
                                                     The start of a beautiful day , with all the scams in red.




Maybe I'm colourblind, but I'm not seeing any red here?
legendary
Activity: 2618
Merit: 1007
Ripple would be called "scam" far more after you take a look at the amount of transactions there... Transactions on Ripple are not only moving value, they are also used to post or update trust lines as well as market offers, thus the volume of them is MUCH higher than you might suspect, which then again looks "susicious" or "pumped".
hero member
Activity: 826
Merit: 501
in defi we trust
Could you display the amount of money that people are willing to pay to use the network based on transaction fees? If you can add the Transaction Fees in USD spent in the past 24h, it is probably a better indicator which currency is more widely used and adding value to people's lives.

Now , this is what I call an interesting idea.
If it adds also the number of transactions /day paying the fees , I would name this the website of the month.


@Sukrim
Just saw you post.
It can still a be a comparison to some extent between the same kind of coins.
Of course , if those clones copied the 27kb free tx also , but with faster blocks it will also lead to some weird and inaccurate data but , it's an interesting thing to know.
legendary
Activity: 2618
Merit: 1007
This (as well as the amount of transactions) can be easily gamed. Also as long as miners get paid transaction fees AND coinbase transactions, costs per transaction are actually much higher than actual fees.

Proof of Stake and Consensus based systems also have it MUCH cheaper to confirm transactions which is reflected in lower fees. Comparing fees and volume only would make sense for the same class of coins (e.g. PoW coins) and STILL lead to some very strage things.

Also the page is called "coinmarketcap", not "coinfeecomparison".
hero member
Activity: 826
Merit: 501
in defi we trust
And Mastercoin is not tied to bitcoin?

No. Mastercoin added extra value on top of Bitcoin. U won't become an apprentice troll until u read more about other coins.

Oh yeah. So mastercoin and quark are not related to bitcoin but peercoin is.

If this is what a troll has to know , even with my overwhelming desire to become one of the Olog-hai,  I have to abandon my dreams. I'm not willing to go full retard for this.
newbie
Activity: 53
Merit: 0
Could you display the amount of money that people are willing to pay to use the network based on transaction fees? If you can add the Transaction Fees in USD spent in the past 24h, it is probably a better indicator which currency is more widely used and adding value to people's lives.
legendary
Activity: 2142
Merit: 1010
Newbie
And Mastercoin is not tied to bitcoin?

No. Mastercoin added extra value on top of Bitcoin. U won't become an apprentice troll until u read more about other coins.
legendary
Activity: 2618
Merit: 1007
I would suggest (since XRP, MSC et. al. would fall in this category) to split the display in 2 categories:

(Currently) inflating float coins
and
(Currently) stable/falling float coins

Inflating would mean that there are still coins created out of thin air (aka. coinbase transactions) and within a certain period of time there will be MORE units of this coin available for transfer than before.

Stable/deflating means that all planned coins have been issued and it is not planned or possible to create more. These coins need to be issued in a way, that they could at least theoretically be spent, e.g. issuing 21 million BTC to a black hole address and then pulling them with a special transaction from there instead of "coinbase" would NOT make it stable float, issuing 100 billion XRP to OpenCoin/RippleLabs and them promising to distribute 55 billion over time does make them stable float, even if not all have been distributed (because they could theoretically enter the market at any time).

This would mean that some coins will "change sides" over time (e.g. Bitcoin will become stable float somewhere around 2140, Protoshares as far as I understood it much earlier) while others are designed to inflate infinitely.

The reason for this is, as others put it so "elegantly" as "scamcoins", that it might be hard to compare market caps of something that is slowly increasing and a lot of activity that goes down once the amout of units expands with something that enters as a huge amount which is not or slowly decreasing with activity rising over time while adoption grows. IMHO "mining" does not really play a role in distinguishing these 2 types and it seems you mean "it is possible to create new units of these coins by mining" anyways with "mineable".


As a second remark:
I'd like to see sources added for the volume and price of the individual coins, especially BTC, maybe also XRP (since it seems to me you use the number from bitcoincharts.com which reflects only a single market: XRP/BTC.Bitstamp).
Also I'd like to hear your stance on what is considered a "market" that you would add as data source - after all it would be trivial to set up a web page, deposit BTC and XXX, trade these back and forth and create huge wolumes out of nowhere. Which criteria need to be met and how do you deal for example with the fact that BTC are also sold for EUR - do you ignore this, convert EUR to USD or do something else?

Final remark to the new influx of daily trolls:
https://bitcointalksearch.org/topic/poll-should-coinmarketcapcom-re-list-ripple-381016
I doubt RippleLabs paid anything ("Ripple" itself is not an entity, it is software), just like the Bitcoin Foundation did not pay to have BTC listed.
hero member
Activity: 826
Merit: 501
in defi we trust
CoinMarketCap.com how much did ripple pay you to display ripple as the number 2 coin?

Even if I dislike the principles of ripple , and even nxt , in my opinion they should be there.
They are cryptos nevertheless.
hero member
Activity: 770
Merit: 500
CoinMarketCap.com how much did ripple pay you to display ripple as the number 2 coin?
hero member
Activity: 826
Merit: 501
in defi we trust
                                                    The start of a beautiful day , with all the scams in red.


http://s30.postimg.org/63oia97pd/scamcoins.jpg

This just shows coins that r not tied to Bitcoin. Troll harder.

Why should i try , the fishshills have already taken the bait.

And Mastercoin is not tied to bitcoin? What r u smoking? Out of reindeerweed?
legendary
Activity: 2142
Merit: 1010
Newbie
                                                     The start of a beautiful day , with all the scams in red.


http://s30.postimg.org/63oia97pd/scamcoins.jpg

This just shows coins that r not tied to Bitcoin. Troll harder.
hero member
Activity: 826
Merit: 501
in defi we trust
                                                     The start of a beautiful day , with all the scams in red.


sr. member
Activity: 258
Merit: 252
I just added a special filter to filter out coins that can't be mined (Ripple, Mastercoin, Nxt).  Let me know what you guys think about it.

Since You got charts with data on them, would it be possible to get this data somehow so that we can actually make more sense out of it?

In the end if we are gonna trade them we gotta know a bit more than daily difference.

I would be ready to help You out with data munging, or donate specific amount towards this idea.

All the best

Sure, what did you have in mind?

Hi Gliss, CAT is on Cryptcy please could you add their price feed? Cheers -Kisa

Yes, Lottocoin and Catcoin now grab from Cryptsy.

Add RonPaulCoin (RPC) please

Hello Gliss

I would like to suggest CENT coin:

How do you get the total supply?

Hi, I find very usefull the BTC button, to have an option of viewing all prices in terms of bitcoin. Right now the "% Change (24h)" column is calculated with respect to USD price. Thus when see prices in USD or I see them in BTC, I see the same number in % change. I think this is not the good way. In BTC price mode the bitcoin % change, should be always 0% and other altcoins % changes should be calculation with respect to bitcoin price. What do you think?

Good point.  I'll see what I can do.

Added volume numbers.  I'll get around to adding some new coins soon.  Thanks to all who gave feedback and support over the last few days Smiley  I'm doing my best accommodate everyone's requests.

It looks like the Ripple volume is only based on XRP traded against BTC.Bitstamp. There are several other pairs with comparable volume, so XRP seems to be underreported by coinmarketcap (BTC.Bitstamp often has less volume than USD.Bitstamp and CNY.RippleCN).

https://ripplecharts.com/markets shows most of the markets. Several more markets, like XRP/NXT, have developed since ripplecharts.com stopped being updated while v2 of the site is being developed, but the biggest markets are on there.

BTW: Thanks for adding XRP back to the main page!

Thanks reporting about the volume, will fix soon.
full member
Activity: 132
Merit: 100
Ripple
The crazy thing about Ripple investors is that, do they not realize that ripple is just used to pay for a transaction.
You can learn more about the role of XRP on page 10: https://ripple.com/ripple_primer.pdf
legendary
Activity: 868
Merit: 1000
Cryptotalk.org - Get paid for every post!
The crazy thing about Ripple investors is that, do they not realize that ripple is just used to pay for a transaction.

This transaction is usually next to zero in the Bitcoin world.   

What we are actually seeing here is that PoW coins prices are more efficient that PoS prices.

The PoS prices are controlled by the current owners while the PoW prices undergo constant selling by miners.

hero member
Activity: 907
Merit: 1003
full member
Activity: 168
Merit: 100
Hi Gliss, CAT is on Cryptcy please could you add their price feed? Cheers -Kisa
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