Topic: Impressive growht of market cap since oct 2015 (Read 732 times)
Oct 2015 was a low point. Lets see if the price holds after the halving. At present people are holding, but after the halving there is nothing to stop people selling if things like the blocksize are not resolved.
I think looking at market cap is quite meaningless, as it is calculated assuming all coins are equal and sold at the same price- the current price. In fact this is not possible.
Therefore market cap is just another way of expressing the current bitcoin price with a much larger number.
Therefore market cap is just another way of expressing the current bitcoin price with a much larger number.
it is not at all meaningless but i understand what you are saying.
the marketcap on its own doesn't offer that much information in my opinion, i always check three things, price + daily trade volume + market cap
that way there is a better image of the market in your mind.
The Bitcoin market cap increased by around 100%. However, it is interesting to not that the same for the shitcoins increased by more than 300%. And also, the older shitcoins (such as Litecoin, Dogecoin, Terracoin, and Icoin) have lost out to the relatively new ones such as Ethereum, Dash, and Monero. During the past 7-8 months, the market cap of Ethereum went up by 1,500%.
Ethereum increase is probably pure manipulation so I don't think there is anything to worry about , they don' t have any chance to defeat bitcoin.
It looks as if the prices are being manipulated. It is approaching a market cap of $1 billion! Eventually, Ethereum will crash and a lot of investors will lose their money (just like what happened with Terracoin, Litecoin, Ripple, Quark, Namecoin, and numerous other shitcoins). But it will bring bad reputation to all the crypto-currencies.
Well duh, that's why people say that halving has been priced in. It's not growth, it's just speculation from traders.
Well, I disagree. If you sum up the increases of the top 10 coins after Bitcoin and Ethereum then you will get a total additional value of around 75-85 million. I think this is not meaningless. Alone NEM for instance, increased from under 1 million to 13 million. Or Maid from around 4 million to 40 million.
yeah but the growth is due to bitcoin + etheruem the other increases is meaningless
80M is nothing, dude we have a tiny 8B marketcap in total in crypto which is already a joke, how can you think that almost 100m added, can be worth a consideration?
Just look BTC emission - 108 000 BTC each month. Awesome mining result. Plus total BTC market cup ~twice more from October 2015. 
You shouldn't take market capitalization too seriously, because once if price starts falling and people start selling , you will notice just how
quickly it will tumble down. It is calculated by current price, but we all know how that even after 1k btc sell order would deflate insanely.
Taking a look at market cap from 2013 and 2014 is even more impressive btw.
Well, I disagree. If you sum up the increases of the top 10 coins after Bitcoin and Ethereum then you will get a total additional value of around 75-85 million. I think this is not meaningless. Alone NEM for instance, increased from under 1 million to 13 million. Or Maid from around 4 million to 40 million.
yeah but the growth is due to bitcoin + etheruem the other increases is meaningless
Just look BTC emission - 108 000 BTC each month. Awesome mining result. Plus total BTC market cup ~twice more from October 2015.
We're about to see that get halved to 54,000, so that might have a very interesting affect on the price. I always thought only something like 25k btc was pumped out each month, but those numbers really put it all into perspective.Do we have any idea how much of the mined coins is being sold in the market/exchanges? Just want to find out how miner handle their coins and are they hodling them?
Just look BTC emission - 108 000 BTC each month. Awesome mining result. Plus total BTC market cup ~twice more from October 2015.
We're about to see that get halved to 54,000, so that might have a very interesting affect on the price. I always thought only something like 25k btc was pumped out each month, but those numbers really put it all into perspective.
Just look BTC emission - 108 000 BTC each month. Awesome mining result. Plus total BTC market cup ~twice more from October 2015.
That's true and it is a very good sign for the crypto currency market. People are slowly coming to know about this new world and they are starting to buy the crypto currency they like.
Bitcoin was always the best, but the etherum and dash has become the another major players during last 6 months.
Hope this trend will continue, because the more the market cap will increase, the more the value will increase.
It could be more investors putting their money into the system as we get closer to the halving, I have a feeling that a lot of investors are going to start buying over the next few months because we are getting progressively closer to the halving, and I guess some people are buying into the idea of a doubling. Bitcoin was always the best, but the etherum and dash has become the another major players during last 6 months.
Hope this trend will continue, because the more the market cap will increase, the more the value will increase.
That's true and it is a very good sign for the crypto currency market. People are slowly coming to know about this new world and they are starting to buy the crypto currency they like.
Bitcoin was always the best, but the etherum and dash has become the another major players during last 6 months.
Hope this trend will continue, because the more the market cap will increase, the more the value will increase.
Bitcoin was always the best, but the etherum and dash has become the another major players during last 6 months.
Hope this trend will continue, because the more the market cap will increase, the more the value will increase.
The Bitcoin market cap increased by around 100%. However, it is interesting to not that the same for the shitcoins increased by more than 300%. And also, the older shitcoins (such as Litecoin, Dogecoin, Terracoin, and Icoin) have lost out to the relatively new ones such as Ethereum, Dash, and Monero. During the past 7-8 months, the market cap of Ethereum went up by 1,500%.
Ethereum increase is probably pure manipulation so I don't think there is anything to worry about , they don' t have any chance to defeat bitcoin.
I think looking at market cap is quite meaningless, as it is calculated assuming all coins are equal and sold at the same price- the current price. In fact this is not possible.
Therefore market cap is just another way of expressing the current bitcoin price with a much larger number.
Therefore market cap is just another way of expressing the current bitcoin price with a much larger number.
This is how the market cap is calculated for precious metals such as gold/platinum, and for equities which are traded on various stock exchanges. This is the standard practice, and there is nothing wrong with it.
I think looking at market cap is quite meaningless, as it is calculated assuming all coins are equal and sold at the same price- the current price. In fact this is not possible.
Therefore market cap is just another way of expressing the current bitcoin price with a much larger number.
So you think what criterion or criteria is good for investing growth of market and can make more sense? Therefore market cap is just another way of expressing the current bitcoin price with a much larger number.
I think looking at market cap is quite meaningless, as it is calculated assuming all coins are equal and sold at the same price- the current price. In fact this is not possible.
Therefore market cap is just another way of expressing the current bitcoin price with a much larger number.
Therefore market cap is just another way of expressing the current bitcoin price with a much larger number.
yeah but the growth is due to bitcoin + etheruem the other increases is meaningless
The Bitcoin market cap increased by around 100%. However, it is interesting to not that the same for the shitcoins increased by more than 300%. And also, the older shitcoins (such as Litecoin, Dogecoin, Terracoin, and Icoin) have lost out to the relatively new ones such as Ethereum, Dash, and Monero. During the past 7-8 months, the market cap of Ethereum went up by 1,500%.
put 1y zoom (top right) on this page https://cryptolization.com/
Since oct 2015 the market cap of all cryptocurrencies has grown more than x3....very impressive...
Since oct 2015 the market cap of all cryptocurrencies has grown more than x3....very impressive...
That is indeed impressive.
Bitcoin which was languishing around $200 for a long time has now doubled.
Ethereum's rise also would have contributed to the overall increase in market cap.
put 1y zoom (top right) on this page https://cryptolization.com/
Since oct 2015 the market cap of all cryptocurrencies has grown more than x3....very impressive...
Since oct 2015 the market cap of all cryptocurrencies has grown more than x3....very impressive...
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