Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Mjbmonetarymetals on November 12, 2013, 03:10:01 PM



Title: Litecoin's market cap and altcoins future.
Post by: Mjbmonetarymetals on November 12, 2013, 03:10:01 PM
http://coinmarketcap.com/

Bitcoin's market cap is 50 times bigger than Litecoin.

Litecoin's market cap is 3 times bigger than all the other altcoins added together.

It's certainly been interesting seeing the huge influx of altcoins over recent months, there's only one Bitcoin of course, however if your a fan of altcoins don't forget to support Litecoin too. Altcoins are a great thing but just like *chocolate cake and shepherds pie (*insert local delicacy of choice) too much of a good thing can be a bad thing , 100 altcoins - 1000 altcoins - 10,000 altcoins whatever your tolerance to the total altcoin supply is. A real success story which I believe Litecoin will be is going to pave the way for a select few altcoins to really become a dominant force in the crypto world in years to come.

"We must learn to live together as brothers or perish together as fools"
Martin Luther King

"Coming together is a beginning; keeping together is progress; working together is success"
Henry Ford


Title: Re: Litecoin's market cap and altcoins future.
Post by: Zawamiya on November 12, 2013, 03:25:26 PM
Waiting for the day when Litecoin market cap and bigger then Bitcoin :)


Title: Re: Litecoin's market cap and altcoins future.
Post by: markm on November 12, 2013, 03:26:41 PM
How full of errors is that market cap site, though?

I noticed for example it claims 5,672,870,050 DVC exist, but DVC has always produced 50,000 coins per block. So the total number in existence should be a multiple of 50,000. How do they get that odd 50 on the end? How even do they get the 70,000 part on the end? Something is wrong and who knows how many other coins are just as wrong?

Or is there in fact some odd block in DVC's blockchain in which someone chose not to mint 50,000 coins?

-MarkM-