Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: sann111 on December 17, 2017, 10:39:22 PM



Title: so many markets?
Post by: sann111 on December 17, 2017, 10:39:22 PM
Why are there so many markets 7558 versus currency which is 1360?


Title: Re: so many markets?
Post by: hahahafr on December 17, 2017, 10:44:13 PM
They are exchangers, but you are probably talking about the numbers that you are looking at on coinmarketcap.

Why are there so many markets 7558 versus currency which is 1360?

Let me tell you that this is not the exactly number of exchangers, if you click on there, you will see that there are a lot of lists.

There are more than 30 of bittrex, because those are the pairs in what bitcoin is being tradeable btc/eth btc/us btc/eur btc/gbp, and so on.

The same goes to Bithumb, poloniex, hitbtc, and all theo ther exchanges that are in there.

They are the "pairs" that are listed, not the exactly number of exchanges being trading bitcoin right now.


Title: Re: so many markets?
Post by: squatz1 on December 18, 2017, 02:48:59 AM
This could also be talking about the number of different coins there are (which would be the lower number) and then the number of tokens which there are (tokens out of different coins, probably are a ton of coins which are under ETH which still have a shit-ton of market cap as well)


So yeah, that may be what you're talking about or ^^^^^