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Bitcoin => Bitcoin Discussion => Topic started by: Sex Video Chat VKcams.com on June 01, 2017, 10:12:10 PM



Title: Percentage of Total Market Capitalization of Bitcoin
Post by: Sex Video Chat VKcams.com on June 01, 2017, 10:12:10 PM
http://s019.radikal.ru/i630/1706/54/7240bd535fa1.jpg

https://www.youtube.com/watch?v=n4RjJKxsamQ

Wind Of Change


Title: Re: Percentage of Total Market Capitalization of Bitcoin
Post by: HabBear on June 01, 2017, 10:40:52 PM
This chart is misleading. The graph shows bitcoin's line going down in the most recent period, which implies that less people are using or holding bitcoin. This isn't true. What is true (and is not clearly shown on the chart) is that the total volume of digital currencies is increasing, and therefore every single existing coin's share could go down in comparison to the growing total market size.

It's no surprise that Ethereum has taken off and others will follow.


Title: Re: Percentage of Total Market Capitalization of Bitcoin
Post by: Sex Video Chat VKcams.com on June 01, 2017, 10:53:12 PM
which implies that less people are using or holding bitcoin

That people goes using other currencies in a crescent basis.


Title: Re: Percentage of Total Market Capitalization of Bitcoin
Post by: richardsNY on June 01, 2017, 11:00:08 PM
Doesn't say anything. If you purely look at the actual level of usage of the entire altcoin market, then you'll see that it has increased slightly, but that's all due to the massive amount of speculation going on there. It's pure speculative usage that in reality, holds no real value. Another fact is that most shitcoins have a huge load of coins as total supply. It's basically like this -- an altcoin with 1 billion as total supply just needs 1 coin to sell at $1 to have a $1 billion market cap. Market caps are worthless....


Title: Re: Percentage of Total Market Capitalization of Bitcoin
Post by: Sex Video Chat VKcams.com on June 01, 2017, 11:12:07 PM
It's pure speculative usage that in reality

For Sure.
Who use BTC for trasactions in China?


Title: Re: Percentage of Total Market Capitalization of Bitcoin
Post by: hatshepsut93 on June 01, 2017, 11:39:29 PM
which implies that less people are using or holding bitcoin

That people goes using other currencies in a crescent basis.

All cryptocurrencies are mainly speculative assets at their current state, but Bitcoin is also used as a currency by some people, and it has been used for a while. I frequently see people post their BTC addresses for donations, especially in torrent community, some small businesses already accept Bitcoin, and lets not forget about Microsoft and Steam. Now, who use alts as a currency? Have you seen anyone post their ETH address for donations? As far as I know, only coins like Monero and Zcash are sometimes used on darknet markets because people believe they have stronger anonimity than BTC.


Title: Re: Percentage of Total Market Capitalization of Bitcoin
Post by: Sex Video Chat VKcams.com on June 01, 2017, 11:54:06 PM
Have you seen anyone post their ETH address for donations?

As far as I know, only coins like Monero and Zcash are sometimes used on darknet markets because people believe they have stronger anonimity than BTC.

1.
http://s018.radikal.ru/i528/1706/ca/b00316bbbf36.png

Just go around, they are clear visible.

2. Masternode exist not in BTC


Title: Re: Percentage of Total Market Capitalization of Bitcoin
Post by: FiendCoin on June 02, 2017, 12:14:19 AM
Ethereum and ripple are nothing but scams AND are 100% speculatory centralized shitcoins. Enjoy them while they last, just don't expect them to continue to be around or to have high valuations long term. ETH is due a 90% drop, be warned.


Title: Re: Percentage of Total Market Capitalization of Bitcoin
Post by: Sex Video Chat VKcams.com on June 02, 2017, 12:28:00 AM
ETH is due a 90% drop, be warned.

https://s.tradingview.com/x/mAj6XGM8/


Actually people need to know, who will hit +400% in next 2 weeks, and not what to do for not entering in a bubble.


Title: Re: Percentage of Total Market Capitalization of Bitcoin
Post by: Sex Video Chat VKcams.com on June 05, 2017, 10:38:24 PM
http://s015.radikal.ru/i330/1706/5d/a45a17bfcde0.jpg


Title: Re: Percentage of Total Market Capitalization of Bitcoin
Post by: franky1 on June 05, 2017, 10:44:14 PM
market caps are meaningless!!

i can create an alt with 5trillion premined coins.. sell 1 coin, yes ONE coin for $1 and make the altcoin be market capped at $5trillion
thus causing bitcoin to look like it is now only 0.6% of all crypto markets.

all because of 1 trade of $1


Title: Re: Percentage of Total Market Capitalization of Bitcoin
Post by: Sex Video Chat VKcams.com on June 05, 2017, 10:52:34 PM

all because of 1 trade of $1

Trade Volume Rankings  (https://coinmarketcap.com/currencies/volume/monthly/) are showing the same currencies in competition.



Title: Re: Percentage of Total Market Capitalization of Bitcoin
Post by: Variogam on June 05, 2017, 11:18:30 PM


So in the last years, its now third Ripple top of the marketshare bubble and third top of the Ethereum marketshare bubble. Pretty funny everytime when the marketshare bubbles popped, both Ripple and Ethereum went to very small marketshares values. Ripple seems the downtrend already started, so the question is when the Ethereum downtrend starts again (unless you want to claim #thistimeisdifferent  ;D).

What Ripple and Ethereum have in common is huge amounts of premined coins.


Title: Re: Percentage of Total Market Capitalization of Bitcoin
Post by: gracia0023 on June 06, 2017, 05:42:57 AM
http://s019.radikal.ru/i630/1706/54/7240bd535fa1.jpg

https://www.youtube.com/watch?v=n4RjJKxsamQ

Wind Of Change



Possible bitcoin decline it's percentage on your graph shown but your statistic percentage shown is only one side of market capitalization in cryptocurrencies. In your graph from year 2014 the percentage is almost 90% and for the succeeding year its continuously decline. Do sure that is possible to happen for a short period of time? since in the reality bitcoin user in the market is blown up. This one thing we need to consider, if you look to the cryptocurrency Market capitalization only bitcoin cryptocurrency is stable and increasing it's volume within 24 hour and if you see the statistic bitcoin is the only capital have a higher value and volume in USD.


Title: Re: Percentage of Total Market Capitalization of Bitcoin
Post by: foxbat on June 06, 2017, 06:00:13 AM
Ethereum and ripple are nothing but scams AND are 100% speculatory centralized shitcoins. Enjoy them while they last, just don't expect them to continue to be around or to have high valuations long term. ETH is due a 90% drop, be warned.

I do not think so, looking at the ethereum's development, we can see its stability, with its clever foundation, it can be a bitcoin competitive. Its value is always fluctuating in medium and high, and is suitable for investment and business.


Title: Re: Percentage of Total Market Capitalization of Bitcoin
Post by: ladydark on June 14, 2017, 06:20:37 AM
Bitcoin's market share which had hovered around 80% in past years have fallen below 50% now surprisingly.In the mean time,Ethereum's share has grown considerably.The increasing transaction fee might have made bitcoin investors to shift to other altcoins.But other altcoins have not been yet checked handling large number of transactions which bitcoin does every day.So,for bitcoin,in order to recover,transaction fees has to be reduced.


Title: Re: Percentage of Total Market Capitalization of Bitcoin
Post by: Sex Video Chat VKcams.com on June 20, 2017, 06:18:37 AM
http://s04.radikal.ru/i177/1706/5e/e3a7139106a5.jpg


Title: Re: Percentage of Total Market Capitalization of Bitcoin
Post by: deisik on June 20, 2017, 06:30:49 AM
So in the last years, its now third Ripple top of the marketshare bubble and third top of the Ethereum marketshare bubble. Pretty funny everytime when the marketshare bubbles popped, both Ripple and Ethereum went to very small marketshares values. Ripple seems the downtrend already started, so the question is when the Ethereum downtrend starts again (unless you want to claim #thistimeisdifferent  ;D).

What Ripple and Ethereum have in common is huge amounts of premined coins

That's why they can "compete" with Bitcoin in terms of market cap

If these coins have never entered circulation, the price would likely be times less (if not orders less). Bitcoin is also kinda premined, but 1M bitcoins of Satoshi makes only like 100/16×1=~6%. So in the very least we should subtract that value from the market cap. In this way, if 50% of Ethereum coins never entered circulation, its market cap should be halved right away. Ultimately, we should take into account only the coins that are actually traded or used in commerce. Stashed away coins swell the market cap above its real value making it mostly an irrelevant metric for crypto