Topic: How is the Bitcoin's Market Cap determined? (Read 809 times)
Market cap makes no sense when talking about bitcoin. It's a missunderstanding that people have brought over from the stock market. A currency cannot have a market cap... it makes no sense.
Interesting question. Just few month ago i asked myself the same but still didn't find any exact answer. But about 3 month ago I invest to Confideal and already see the result. My 39 dollars now is doubled 
Hi Folks,
I was just wondering what does the market capitalization of Bitcoin means when it is $70 Billion?
The current Market Cap is : $69,553,940,835
What does this number mean? and how is it being determined?
Thnaks
It depends on where you are pulling those numbers from. If you wanted to calculate the amount of each Bitcoin is worth then just times whatever the price of Bitcoin is right now by 21 million. Even if not all Bitcoins are placed on an exchange, you can get a rough idea on what the price of the whole Bitcoin Project is worth.I was just wondering what does the market capitalization of Bitcoin means when it is $70 Billion?
The current Market Cap is : $69,553,940,835
What does this number mean? and how is it being determined?
Thnaks
Also, don’t rely on the marketcap for any coin because the price of the marketcap can change in any second and the price may not be exact because not all Bitcoin Exchanges have the same price at all.
Market Cap is the total value of the outstanding shares of a company. It is calculated by multiplying the outstanding shares (this includes the value of all listed categories of a corporation's stocks - preferred stock, common shares, etc) of a company into share price of a single share.
Only 21 million bitcoin will ever exist..so market cap will be determined at the future price of those number of coins.
Market cap today is the circulating supply multiply by current price
Market cap today is the circulating supply multiply by current price
It isn't hard the total supply of btc is measured which is 16 million something that amount is then multiplied with the orice of btc and there you have the market cap. So when the price falls the value also decreases therefore the market cap falls and in news it is said as "Bitcoin lost $14billion after china ico ban" .
It's simple. It is the total of bitcoins available multiplied by the value of one bitcoin.
It is the price in dollars of all bitcoins mined up to that point.
It is the price in dollars of all bitcoins mined up to that point.
Hi Folks,
I was just wondering what does the market capitalization of Bitcoin means when it is $70 Billion?
The current Market Cap is : $69,553,940,835
What does this number mean? and how is it being determined?
Thnaks
I was just wondering what does the market capitalization of Bitcoin means when it is $70 Billion?
The current Market Cap is : $69,553,940,835
What does this number mean? and how is it being determined?
Thnaks
On each page you can see how much capital is currently bitcoin. Example:
https://www.smithandcrown.com/markets/
It's the price x the amount of BTC ...
Hi Folks,
I was just wondering what does the market capitalization of Bitcoin means when it is $70 Billion?
The current Market Cap is : $69,553,940,835
What does this number mean? and how is it being determined?
Thnaks
Man if you lool that statistics often, you will see that sometimes that number can be decreased. Reason is 1 bitcoin's price. It's changing very often, sometimes price decreases but also new coins are mined and that fills a little some fall. If price will drop now to 2000$, you will see that market cap will be less than half of current amount.I was just wondering what does the market capitalization of Bitcoin means when it is $70 Billion?
The current Market Cap is : $69,553,940,835
What does this number mean? and how is it being determined?
Thnaks
This is everything, nothing more, market cup depends on 1 bitcoin's price x current number of bitcoins.
Yeah... if you have a number of bitcoin in circulation, you just multiply them for the price and you get the market cap...
Which is a quite misleading value by the way. In truth, the total market value is much lower. If someone were to sell only 10% of the bitcoin in circulation, the value will go down so much that the market cap value would not hold. The reverse also is true. If someone were to buy just the 10% of bitcoin that are for sale in exchanges, price would skyrocket and so would marketcap, while in reality, only 10% of the coins were bought at a higher place.
Which is a quite misleading value by the way. In truth, the total market value is much lower. If someone were to sell only 10% of the bitcoin in circulation, the value will go down so much that the market cap value would not hold. The reverse also is true. If someone were to buy just the 10% of bitcoin that are for sale in exchanges, price would skyrocket and so would marketcap, while in reality, only 10% of the coins were bought at a higher place.
Hi Folks,
I was just wondering what does the market capitalization of Bitcoin means when it is $70 Billion?
The current Market Cap is : $69,553,940,835
What does this number mean? and how is it being determined?
Thnaks
I was just wondering what does the market capitalization of Bitcoin means when it is $70 Billion?
The current Market Cap is : $69,553,940,835
What does this number mean? and how is it being determined?
Thnaks
Simple. The coin market cap of a coin is simply the total value of coins in circulation considering the price of the coin at that time.
Just head over to https://coinmarketcap.com/currencies/bitcoin/
You'll find that there are 16,555,187 BTC in circulation.
The current price of btc atm I talk is $4191.40.
Just multiply those two numbers and you get what you are asking about.
https://i.gyazo.com/0c6469d6f406f380725ee25b64704f7e.mp4
Hi Folks,
I was just wondering what does the market capitalization of Bitcoin means when it is $70 Billion?
The current Market Cap is : $69,553,940,835
What does this number mean? and how is it being determined?
Thnaks
That will change in the coming years. The market cap tells us the total value of all the bitcoins circulation in the market today. Expect that numbers to increase in next few years as miners are expected to mine the remaining ~5M bitcoins unmined. Also, add to that the fact that bitcoin price today is high, and still getting higher as expected in the future. I was just wondering what does the market capitalization of Bitcoin means when it is $70 Billion?
The current Market Cap is : $69,553,940,835
What does this number mean? and how is it being determined?
Thnaks
Bitcoin market cap is a total price of ALL bitcoins mined untill that day.
Don't take this number too serious. It includes all lost bitcoins. The total market cap is calculated by the price of the last bitcoin sold. For example after fork big part of bitcoin cash was in cold storages and people had no chance to trade it on exchanges. Like you have BCC that worth 800 usd but this price is determined by a low % of coins stored in exchanges.
Don't take this number too serious. It includes all lost bitcoins. The total market cap is calculated by the price of the last bitcoin sold. For example after fork big part of bitcoin cash was in cold storages and people had no chance to trade it on exchanges. Like you have BCC that worth 800 usd but this price is determined by a low % of coins stored in exchanges.
I don't think anyone has dumbed it down for you enough yet.
Say we have 17 million bitcoins in existence (I know. I'm a little ahead of myself). If each of those was worth $10,000 the market cap would be 170 billion.
To really dumb it down: if a stock has 1000 shares and each is worth $10, that stock's market cap is $10,000.
Say we have 17 million bitcoins in existence (I know. I'm a little ahead of myself). If each of those was worth $10,000 the market cap would be 170 billion.
To really dumb it down: if a stock has 1000 shares and each is worth $10, that stock's market cap is $10,000.
Hi Folks,
I was just wondering what does the market capitalization of Bitcoin means when it is $70 Billion?
The current Market Cap is : $69,553,940,835
What does this number mean? and how is it being determined?
Thnaks
It depends on where you are pulling those numbers from. If you wanted to calculate the amount of each Bitcoin is worth then just times whatever the price of Bitcoin is right now by 21 million. Even if not all Bitcoins are placed on an exchange, you can get a rough idea on what the price of the whole Bitcoin Project is worth.I was just wondering what does the market capitalization of Bitcoin means when it is $70 Billion?
The current Market Cap is : $69,553,940,835
What does this number mean? and how is it being determined?
Thnaks
Also, don’t rely on the marketcap for any coin because the price of the marketcap can change in any second and the price may not be exact because not all Bitcoin Exchanges have the same price at all.
Market Capitalization -
The total USD value of bitcoin supply in circulation, as calculated by the daily average market price across major exchanges.
Source: blockchain.info
The total USD value of bitcoin supply in circulation, as calculated by the daily average market price across major exchanges.
Source: blockchain.info
Hi Folks,
I was just wondering what does the market capitalization of Bitcoin means when it is $70 Billion?
The current Market Cap is : $69,553,940,835
What does this number mean? and how is it being determined?
Thnaks
I was just wondering what does the market capitalization of Bitcoin means when it is $70 Billion?
The current Market Cap is : $69,553,940,835
What does this number mean? and how is it being determined?
Thnaks
Jump to: