Author

Topic: XRP v BTC market cap (Read 969 times)

member
Activity: 84
Merit: 10
May 24, 2013, 07:00:56 AM
#4
Well, I can create 100 Trillion Sukrimcoins and sell one to somebody for 1 BTC. I could proceed to buy my home country with the rest then... Roll Eyes

Market cap is not the best indicator, as you've already seen. This is valid for BTC too by the way (I've seen comparisons that "BTC's market cap is above that of x small countries, yay!").

Hey c'mon.  That's one of the all-time great threads.
legendary
Activity: 2618
Merit: 1007
May 24, 2013, 06:55:54 AM
#3
Well, I can create 100 Trillion Sukrimcoins and sell one to somebody for 1 BTC. I could proceed to buy my home country with the rest then... Roll Eyes

Market cap is not the best indicator, as you've already seen. This is valid for BTC too by the way (I've seen comparisons that "BTC's market cap is above that of x small countries, yay!").
N12
donator
Activity: 1610
Merit: 1010
May 24, 2013, 06:54:50 AM
#2
Now this is a true bubble.
legendary
Activity: 2632
Merit: 1023
May 24, 2013, 06:26:25 AM
#1
As crude as the measure is It seems that XRP market cap is

over the BTC market cap

interesting days

however the XRP is much less liquid, I also think it does not have the growth potential of BTC

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