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Bitcoin => Bitcoin Discussion => Topic started by: Ciremik on March 09, 2018, 02:31:44 PM



Title: Bitcoin price increasing but Market Cap is the same
Post by: Ciremik on March 09, 2018, 02:31:44 PM
Currently, 03-09-2018, the Bitcoin price increasing but Market Cap is the same. What does this mean ?
Does it mean few people or group buy bitcoins?



Title: Re: Bitcoin price increasing but Market Cap is the same
Post by: stompix on March 09, 2018, 05:46:43 PM
That thing is impossible.

Please give us some details, price was at x , market cap at y.
Than when price went z , market cap was at still at y.

The market cap is just (price x number of coins), it's impossible for the price to grow and the  market cap to stay the same.






Title: Re: Bitcoin price increasing but Market Cap is the same
Post by: Ciremik on March 10, 2018, 02:00:04 AM
I see market cap looks the same or not much increase, but the bitcoin goes towards 10k.


Title: Re: Bitcoin price increasing but Market Cap is the same
Post by: BitcoinGuruOne on March 10, 2018, 02:08:26 AM
Currently, 03-09-2018, the Bitcoin price increasing but Market Cap is the same. What does this mean ?
Does it mean few people or group buy bitcoins?



it is not possible.

I think that the only thing you can possibly be referring to is the WHOLE market cap of altcoins+bitcoin and in this case , it is possible that btc is growing while alts are going down and the net market cap stay the same or even decreases.