Topic: Market Cap, Market Cap, Market Cap..... (Read 190 times)
The market cap is used to measure the value of Bitcoin based on the current pricing or value. However, this doesn’t determine the future value of btc.
My opinion is that the futures will affect the price of bitcoin. They will show the trend of sentiment of traders and buyers. We will know the approximate price for the month ahead. This may stabilize the price of bitcoin. Will swing but they will not be as big as it is now. With the rising price of bitcoin surges can be several thousand dollars a day. Probably the traders that are afraid and therefore try to control the volatility due to futures.
In fact, more media does not make the general Market Cap, but only bitcoin. When it overtakes the capitalization of different businesses and the capitalization of currencies of different countries. Undoubtedly, such a threshold as 500B will be noted in the news.
No one should be talking about the market cap anyway. It's basically just the current price x the amount of circulation. If half of those are dumped, the next half wouldn't be worth as much. It can only really be used to compare cryptocurrencies because of their different supply values. Using them in any other context just doesn't work, and more people will be able to take in the growth if you simply use Bitcoin's USD value.
I agree otherwise though. Futures trading takes us one step closer to the mainstream. Even people who don't know anything about the technology can get their feet wet, which is the start.
I agree otherwise though. Futures trading takes us one step closer to the mainstream. Even people who don't know anything about the technology can get their feet wet, which is the start.
Market cap is the measuring stick of fools, especially in this context.
There's no way that $280,000,000,000 of Bitcoin could be sold, so it's irrelevant that the market cap is supposedly that much. It also doesn't mean that that much was invested in it.
There's no way that $280,000,000,000 of Bitcoin could be sold, so it's irrelevant that the market cap is supposedly that much. It also doesn't mean that that much was invested in it.
The futures don’t directly affect the price of BTC but the hype brings exposure.
They could affect the price very much due to the sorts of people that are interested in these more legitimised investment systems, and the ability for richer groups to use larger amounts of money.No one seems to be talking about it. A few weeks ago it was huge news when it hit 300B, now it is approaching 450B.
The futures don’t directly affect the price of BTC but the hype brings exposure. The ups and downs my be tough to take this coming year but it is hard to say that the trend will be anything but up considering the market cap still has a whole crap load of room to grow.
Will be interesting to see if we get a media hype induced craze at 500B.
Me, I’m HODLING!
The futures don’t directly affect the price of BTC but the hype brings exposure. The ups and downs my be tough to take this coming year but it is hard to say that the trend will be anything but up considering the market cap still has a whole crap load of room to grow.
Will be interesting to see if we get a media hype induced craze at 500B.
Me, I’m HODLING!
today Market Cap break all numbers , finally bitcoin have clear proof it isnot bubble
500B is so easy , enjoy holder
No one seems to be talking about it. A few weeks ago it was huge news when it hit 300B, now it is approaching 450B.
The futures don’t directly affect the price of BTC but the hype brings exposure. The ups and downs my be tough to take this coming year but it is hard to say that the trend will be anything but up considering the market cap still has a whole crap load of room to grow.
Will be interesting to see if we get a media hype induced craze at 500B.
Me, I’m HODLING!
The futures don’t directly affect the price of BTC but the hype brings exposure. The ups and downs my be tough to take this coming year but it is hard to say that the trend will be anything but up considering the market cap still has a whole crap load of room to grow.
Will be interesting to see if we get a media hype induced craze at 500B.
Me, I’m HODLING!
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