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Topic: Total money invested in cryptocoins? (Read 2073 times)

full member
Activity: 210
Merit: 100
March 28, 2014, 02:53:13 AM
#21
Theres a lot of those sites u can use. Use google search
donator
Activity: 1722
Merit: 1036
March 27, 2014, 03:44:49 PM
#20
http://coinmarketcap.com/ lists 149 coins

Total Market Cap : $ 10,864,804,024

Wow! That a great amount! I totally underestimated cryptocurrencies power and popularity

My research indicates that to raise the market cap of cryptocurrencies to the about $10 billion, 1/4 of the money must have been invested by somebody at some point. So the total amount of fiat somebody has invested is about 2.5 billion.
sr. member
Activity: 476
Merit: 250
March 27, 2014, 09:53:29 AM
#19
http://coinmarketcap.com/ lists 149 coins

Total Market Cap : $ 10,864,804,024
$10 B
hope in end of year will be four times of this Grin

And about half of that is in my cold storage Wink
lol Cheesy
newbie
Activity: 28
Merit: 0
March 26, 2014, 08:58:33 PM
#18

To answer this question we would need net money flows in and out of exchanges.

Even in the financial markets people tend to take ETF net flows as a basis of estimation.
But there at least there is IPO data and top holdings data from which you can fairly well calculate net new money into a stock.

I think using forex market multiples maybe a better approach than saying nothing, but there are so huge differences in long term and short term market participant ratios from market to market that it is fairly unuseful. Take for example huobi's 0 fees, that alone makes forex trading volume uncomparable to Bitcoin's

 Shocked Shocked yeah


member
Activity: 82
Merit: 10
March 26, 2014, 05:07:40 PM
#17
http://coinmarketcap.com/ lists 149 coins

Total Market Cap : $ 10,864,804,024

And about half of that is in my cold storage Wink

The other half is in mine Cheesy
full member
Activity: 150
Merit: 100
March 11, 2014, 11:34:38 AM
#16
http://coinmarketcap.com/ lists 149 coins

Total Market Cap : $ 10,864,804,024

Wow! That a great amount! I totally underestimated cryptocurrencies power and popularity
hero member
Activity: 504
Merit: 500
eidoo wallet
March 11, 2014, 09:40:37 AM
#15
To answer this question we would need net money flows in and out of exchanges.

Even in the financial markets people tend to take ETF net flows as a basis of estimation.
But there at least there is IPO data and top holdings data from which you can fairly well calculate net new money into a stock.

I think using forex market multiples maybe a better approach than saying nothing, but there are so huge differences in long term and short term market participant ratios from market to market that it is fairly unuseful. Take for example huobi's 0 fees, that alone makes forex trading volume uncomparable to Bitcoin's

yep.
newbie
Activity: 24
Merit: 0
March 11, 2014, 08:17:53 AM
#14
To answer this question we would need net money flows in and out of exchanges.

Even in the financial markets people tend to take ETF net flows as a basis of estimation.
But there at least there is IPO data and top holdings data from which you can fairly well calculate net new money into a stock.

I think using forex market multiples maybe a better approach than saying nothing, but there are so huge differences in long term and short term market participant ratios from market to market that it is fairly unuseful. Take for example huobi's 0 fees, that alone makes forex trading volume uncomparable to Bitcoin's
full member
Activity: 238
Merit: 100
Stand on the shoulders of giants
March 10, 2014, 07:27:13 PM
#13
It's impossible to know really...

Consider the venture capital, physical real estate, mining equipment, computer software development/purchase cost, expenses on top of expenses... Then you have the dark market added to all this...

In terms of investment capital, it depends on how you want to look at it... When somebody pays to buy BTC on an exchange, the person they buy from may or may not have previously bought those coins at a different price or mined them... Would you consider the money that they invested as a factor in your output, or would that money be subtracted from the trade leaving only the difference to be included in the sum of total investment?

The market cap is more of an indication towards the ratio between supply vs demand than a tool to determine the sum of investment...

When the price is trending up, the demand to buy is greater than the desire to sell; more money is being injected than is being removed from the marketplace.

indeed, it's makes sense. Thanks
hero member
Activity: 1470
Merit: 504
March 10, 2014, 07:05:28 PM
#12
It's impossible to know really...

Consider the venture capital, physical real estate, mining equipment, computer software development/purchase cost, expenses on top of expenses... Then you have the dark market added to all this...

In terms of investment capital, it depends on how you want to look at it... When somebody pays to buy BTC on an exchange, the person they buy from may or may not have previously bought those coins at a different price or mined them... Would you consider the money that they invested as a factor in your output, or would that money be subtracted from the trade leaving only the difference to be included in the sum of total investment?

The market cap is more of an indication towards the ratio between supply vs demand than a tool to determine the sum of investment...

When the price is trending up, the demand to buy is greater than the desire to sell; more money is being injected than is being removed from the marketplace.
full member
Activity: 238
Merit: 100
Stand on the shoulders of giants
March 10, 2014, 03:36:35 PM
#11
Is it possible to add the value of bitcoin network computational power... I mean for example ... Facebook is not worth only what is trade on nasdaq right ? they have a huge datacenters, people, software patents etc..
hero member
Activity: 672
Merit: 500
March 07, 2014, 04:39:03 PM
#10
http://coinmarketcap.com/ lists 149 coins

Total Market Cap : $ 10,864,804,024

I'd take that with a grain of salt as the majority is Bitcoin and I believe a lot of the early mined coins are gone for good.  At least a million coins would be my estimate.
legendary
Activity: 896
Merit: 1000
March 07, 2014, 04:34:19 PM
#9
Just sucking numbers out of my thumb. And my logic probably grossly underestimating reality.

World GDP of $85 trillion
A rough estimate of total money supply M2 is $60 trillion
Forex markets trade about $1515.8 trillion per year
Forex trading is 25 times that of total Monet supply.

Total Market Cap of all Crypto: $ 10,834,351,000 http://coinmarketcap.com/
About 80% are in cold storage, leaving an active Market Cap of all Crypto @ $2,166,870,206
A total fiat equal between, $86, million per year could be circulating in Bitcoin land.

so I guess somewhere between $8 and $80 million has been invested in Crypto.


Thank you for this post. This is a very smart approach.

Although, there may be significant underestimation, I think this is a very strong approach and to me yields the most meaningful results. Two things I would modify are the proportional cap correlation between the ForEx Market and Bitcoin, and summing up all cryptocurrencies in the calculation.

Since 1) ForEx is used for many currencies and crypto-currency exchanges primarily deal with Bitcoin (and maybe some other major coins) and 2) the crypto-currency scene acts as a subsegment (and involves much less people) of currency trade, I say we just use BTC for simplicity sake, and adjust the value to about 8-12x that of the fiat money supply (I'm basing this off a logarithmic comparison).

I would have ~$7.8B + ~$.7B (including some of the other major markets excluding ripple because of how it functions) *.2 = ~$1.7B
This gives around $140-$210M. Considering that Mt. Gox had around 15-20% of this value in buy orders, this seems fairly reasonable.
newbie
Activity: 14
Merit: 0
March 07, 2014, 03:42:37 PM
#8
There's not an accurate figure but its not to far off on those sites
legendary
Activity: 4466
Merit: 3391
March 07, 2014, 03:38:28 PM
#7
Hello,
a question that arises for me when I look at all the hundreds and hundreds of existing crypto coins is, how much fiat-money is currently invested in overall crypto coins including Bitcoin. Is there any research that has been done examining this?

The amount of money that is currently invested in cryptocurrencies is simply the sum of the market caps of all the traded coins, excluding the value of lost coins.
legendary
Activity: 854
Merit: 1000
March 07, 2014, 12:55:07 PM
#6
Just sucking numbers out of my thumb. And my logic probably grossly underestimating reality.

World GDP of $85 trillion
A rough estimate of total money supply M2 is $60 trillion
Forex markets trade about $1515.8 trillion per year
Forex trading is 25 times that of total Monet supply.

Total Market Cap of all Crypto: $ 10,834,351,000 http://coinmarketcap.com/
About 80% are in cold storage, leaving an active Market Cap of all Crypto @ $2,166,870,206
A total fiat equal between, $86, million per year could be circulating in Bitcoin land.

so I guess somewhere between $8 and $80 million has been invested in Crypto.


This is totally wrong. Just Gox had $40 million in open, visible trade orders.
member
Activity: 82
Merit: 10
March 07, 2014, 12:40:38 AM
#5
There's a lot more money invested in crypto than 80m. You can't really compare that with the leverage stuff of forex. You can do 1515 trillion dollar forex trade with $1 if you want to in theory.

And it's not just the money in the coins but the stuff around it. The mining hardware, andressen horowitz (coinbase etc) invested over 50m in Bitcoin startups.

It's a multi-billion dollar industry.
member
Activity: 112
Merit: 10
March 06, 2014, 04:28:21 PM
#4
http://coinmarketcap.com/ lists 149 coins

Total Market Cap : $ 10,864,804,024

And about half of that is in my cold storage Wink
legendary
Activity: 930
Merit: 1010
March 06, 2014, 04:19:15 PM
#3
http://coinmarketcap.com/ lists 149 coins

Total Market Cap : $ 10,864,804,024
full member
Activity: 151
Merit: 100
March 06, 2014, 03:34:20 PM
#2
Yes. There's a lot of info about this.
tyz
legendary
Activity: 3360
Merit: 1533
March 06, 2014, 03:19:25 PM
#1
Hello,
a question that arises for me when I look at all the hundreds and hundreds of existing crypto coins is, how much fiat-money is currently invested in overall crypto coins including Bitcoin. Is there any research that has been done examining this?
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