this might help
example:
http://www.criptovalute.it/quark
my favorite:
http://www.criptovalute.it/redcoin
Topic: True Market Value of Alt Coins (Read 581 times)
Interesting topic.
Nearly every altcoin is tied to Bitcoin, anyhow...
I think that's where the question could be. Which alts are more likely to abandon bitcoin... I can onlythink in XPM as it has intrinsic value
Nearly every altcoin is tied to Bitcoin, anyhow...
Is there a website out there which shows actual amount of US Dollars (or bitcoins) flowing through each alt coin?
And how would you calculate such an amount?
Interesting topic.
Actually it would be impossible to track all the altcoin "commerce" and get an exact number for each coin, but you can get a rough estimate taking data from sites like http://cryptocoincharts.info (volume * average price).
Actually it would be impossible to track all the altcoin "commerce" and get an exact number for each coin, but you can get a rough estimate taking data from sites like http://cryptocoincharts.info (volume * average price).
Is there a website out there which shows actual amount of US Dollars (or bitcoins) flowing through each alt coin?
And how would you calculate such an amount?
So everyone knows the "Market Cap" page for alt coins.
http://coinmarketcap.com/
But I realized this information is utterly useless.
If 1 million coins are pre-mined, of a brand new coin, and only 1 purchase of 1 coin for $1.00 is made ...
That $1 value goes on all the pre-mined coins.
And suddenly a brand new coin, with zero trading volume, is valued with a market cap of $1,000,000.
Even if it only has a whopping $1 of actual money flowing through it.
Is there a website out there which shows actual amount of US Dollars (or bitcoins) flowing through each alt coin?
And the trading volume, purchases, etc?
That would be significantly more telling as to the value and success and interest (from the public) of each coin.
http://coinmarketcap.com/
But I realized this information is utterly useless.
If 1 million coins are pre-mined, of a brand new coin, and only 1 purchase of 1 coin for $1.00 is made ...
That $1 value goes on all the pre-mined coins.
And suddenly a brand new coin, with zero trading volume, is valued with a market cap of $1,000,000.
Even if it only has a whopping $1 of actual money flowing through it.
Is there a website out there which shows actual amount of US Dollars (or bitcoins) flowing through each alt coin?
And the trading volume, purchases, etc?
That would be significantly more telling as to the value and success and interest (from the public) of each coin.
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