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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: duola9527 on November 27, 2017, 07:17:05 PM



Title: Crypto Market Cap Surges Past Bank of America’s Total Valuation
Post by: duola9527 on November 27, 2017, 07:17:05 PM
hello everybody,The total cryptocurrency market cap has achieved another historic milestone. Buttressed by a record-setting bitcoin price rally, the total crypto market cap has crossed the $300 billion threshold for the first time — making the combined capitalization of all cryptocurrencies more valuable than Bank of America.


Title: Re: Crypto Market Cap Surges Past Bank of America’s Total Valuation
Post by: BillCoin on November 27, 2017, 07:23:36 PM
hello everybody,The total cryptocurrency market cap has achieved another historic milestone. Buttressed by a record-setting bitcoin price rally, the total crypto market cap has crossed the $300 billion threshold for the first time — making the combined capitalization of all cryptocurrencies more valuable than Bank of America.

This is really crazy.
It just shows how strong the crypto community is.

I would stay that this number really represent the actual market cap of crypto( as there is a large amount of bitcoins that are being counted "IN CIRCULATION" but are actually out of the circulation).
People are sometime mistakenly compare the market cap to the total worth, the fact that someone paid 9000$ for that last transaction in bitcoin, doesn't mean that if all the bitcoins in the world would be sold,they would have been sold for that last price.
There is not much liquidity in the market.


Title: Re: Crypto Market Cap Surges Past Bank of America’s Total Valuation
Post by: xiaohang07 on November 27, 2017, 07:28:54 PM
This is just a start. The innovations in the crypto-world should be acknowledged by the people from traditional financial industry.


Title: Re: Crypto Market Cap Surges Past Bank of America’s Total Valuation
Post by: Aleister Crowley on November 27, 2017, 07:43:44 PM
the current crypto currency is very prominent ,, and we all have seen its growth. this managed to attract the attention of huge market prey. and I'm sure that the world's roosters can be overwhelmed by crypto currency exchanges. This shows that the digital age has come and provides a great opportunity to open up vast and global business opportunities