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Title: Market Capitalization of top 20 most traded GLBSE assets Post by: GeoRW on May 30, 2012, 08:22:29 PM Hi all,
I was just curious what are the biggest assets according to market capitalization and made a table. Included are only top 20 GLBSE assets according to Total Volume traded, for each is calculated market capitalization based on total number of shares issued and 5 days average price. All is as of: GLBSETime 14:45, Wed May 30
I know it's not perfect, some of the assents haven't sold all shares from IPO yet, so the numbers might be misleading a bit. But still interesting. I was curious how much of the market share the Pirate related assets have taken in particular ;D BTW, total market capitalization of these top 20 assets is 185704.31 BTC. I will try to update this thread in future to see where the market will be heading. If anyone wants to elaborate on the data, go ahead 8) EDIT: Here is the calculation based on number of shares from the dividend payments section.
Title: Re: Market Capitalization of top 20 GLBSE assets Post by: publio on May 30, 2012, 09:20:31 PM GLBSE's Shares Issued is more like Shares Issuable. If dividends have been paid, maybe you can use the Shares Paid as the share count instead?
Title: Re: Market Capitalization of top 20 GLBSE assets Post by: Sukrim on May 30, 2012, 09:36:16 PM Where's DMC in that list? ;)
Title: Re: Market Capitalization of top 20 GLBSE assets Post by: GeoRW on May 31, 2012, 05:13:12 AM GLBSE's Shares Issued is more like Shares Issuable. If dividends have been paid, maybe you can use the Shares Paid as the share count instead? Not sure if that would be a good idea. Average trade price should reflect this fact, no matter who holds those shares. Title: Re: Market Capitalization of top 20 GLBSE assets Post by: GeoRW on May 31, 2012, 05:19:08 AM Where's DMC in that list? ;) I took top 20 assets according to Total Volume in BTC. This way I hope I can avoid much fluctuation in average trade price and only the most established assets get in, it reflects the market interest as well. You need to lure more investors to get into top 20 most traded ;) Title: Re: Market Capitalization of top 20 GLBSE assets Post by: brendio on May 31, 2012, 02:43:42 PM For bonds, you really need to check the shares paid in the dividend section. As an example in addition to TyGrr.Bond.P noted above by Goat, YAMBC paid 40854 bonds in the last payment, which is a fair way below the 150000 issued.
For shares, where the owner holds a significant portion of the company, you would still include issued shares held by the operator, since this information is required to value the company. There are also larger assets than in the list, but which have lower trading volumes because most raising was done pre-launch. For example, BIB.PIRATE is still mostly held by original private depositors and not actively traded, so it doesn't make the top 20 by volume, but it's market cap (at face value of bond) is 13007 BTC. It would be useful for GLBSE to include this info so threads like this are not necessary. Title: Re: Market Capitalization of top 20 GLBSE assets Post by: exahash on May 31, 2012, 05:02:20 PM GLBSE's Shares Issued is more like Shares Issuable. If dividends have been paid, maybe you can use the Shares Paid as the share count instead? Regular stock exchanges (NYSE, NASDAQ, etc) call that number "Shares Authorized" and it's larger than or equal to "Shares Issued and Outstanding" The "Issued and Outstanding" shares get the dividend, that's why people are saying to use that number. GLBSE should really show both and label them with the standard nomenclature. Title: Re: Market Capitalization of top 20 GLBSE assets Post by: exahash on May 31, 2012, 05:09:21 PM For shares, where the owner holds a significant portion of the company, you would still include issued shares held by the operator, since this information is required to value the company. No. Shares held by the company are called Treasury Stock. Treasury stock is not used in computing the market cap of a company, only the shares issued and outstanding are used there. Since we don't have options and warrants on GLBSE, you could include treasury stock to compute the various metrics on a diluted basis. Title: Re: Market Capitalization of top 20 GLBSE assets Post by: JWU42 on May 31, 2012, 10:00:08 PM Yes - shares issued doesn't equal shares sold....
You can look at recent dividend payments to determine what is in circulation... Title: Re: Market Capitalization of top 20 GLBSE assets Post by: smickles on May 31, 2012, 10:56:45 PM Did I miss something or is that "market cap" column mislabeled? shouldn't it be "implied valuation"?
Title: Re: Market Capitalization of top 20 GLBSE assets Post by: DeathAndTaxes on May 31, 2012, 11:33:59 PM GLBSE's Shares Issued is more like Shares Issuable. If dividends have been paid, maybe you can use the Shares Paid as the share count instead? Not sure if that would be a good idea. Average trade price should reflect this fact, no matter who holds those shares. You misunderstand. Shares issued is inaccurate. It is shares authorized and authorized but uninsued shares have no value. An example. I form a company (real world). State of VA asks me how many authorized shares. I say 1 million. Now my company is worth about $100K and privately held between a few investors. No need to get fancy. I issue 1000 shares at a par price of $100 ea. $100K company, $100K in issued stock. By your method my company would be worth $100M. Had I arbitrarily told state of VA I have 1 billion authorized shares you would be valuing my company at $100B. Authorized shares have no value. Issued shares do. Issued shares are what are traded. Title: Re: Market Capitalization of top 20 GLBSE assets Post by: GeoRW on June 01, 2012, 08:03:22 AM Ok. I added table where count of shares is taken from dividend payments section. But that's way off too ;D
Until GLBSE will show the number of shares outstanding it is hard to guess the real market cap. Title: Re: Market Capitalization of top 20 GLBSE assets Post by: JWU42 on June 01, 2012, 11:27:16 AM Yep - that looks correct now (edit version) - you will be able to update it again this morning (if you choose) as YABMC is about to pay dividends and the share count has increased about 7K.
Title: Re: Market Capitalization of top 20 GLBSE assets Post by: jamesg on June 01, 2012, 11:40:40 AM Yep - that looks correct now (edit version) - you will be able to update it again this morning (if you choose) as YABMC is about to pay dividends and the share count has increased about 7K. Awesome work OP. Title: Re: Market Capitalization of top 20 GLBSE assets Post by: GeoRW on June 01, 2012, 12:20:55 PM Yep - that looks correct now (edit version) - you will be able to update it again this morning (if you choose) as YABMC is about to pay dividends and the share count has increased about 7K. Before: Updated table (as of GLBSETime 08:01, Fri Jun 01):
Title: Re: Market Capitalization of top 20 GLBSE assets Post by: GeoRW on June 05, 2012, 05:24:59 PM Market Capitalization of top 20 most traded assets on GLBSE, as of GLBSETime 12:44, Tue Jun 05:
Number of shares for all those PPT assets was taken from https://docs.google.com/spreadsheet/ccc?key=0An2G-HmYRtr3dEFBMV9uN3FveU0tMGREdjVaZUVRTGc FZB.A sold all their 30000 shares in IPO and pre-IPO, so I assume those ares still on market. All others are based on number of shares for which dividend was last paid. Since the last time, MU and SS assets left the table and were replaced by FOO.PPPPT and PPT.DIV. Total market cap of all of the top 20 GLBSE most trade assets is 146,749 BTC. Pirate-related assets represent 28.41% of these, mining-related assets represent 55.75%, the rest is 15.84 %. Title: Re: Market Capitalization of top 20 GLBSE assets Post by: Scott J on June 05, 2012, 07:05:13 PM sub
A very useful thread - thank you. Title: Re: Market Capitalization of top 20 GLBSE assets Post by: GeoRW on June 06, 2012, 07:48:27 AM It would be nice to lump all PPT.x (PPT.A through PPT.E) into a single item if possible, they are really all the bonds of a single system. That would be too complicated to do. They are different assets after all, each one differently priced. Fixed table for PPT.DIV:
Title: Re: Market Capitalization of top 20 GLBSE assets Post by: Bitcoin Oz on June 06, 2012, 07:53:04 AM A table showing the top companies by dividend yield would be good.
Title: Re: Market Capitalization of top 20 GLBSE assets Post by: GeoRW on June 12, 2012, 02:13:15 PM Updated table as of GLBSETime 09:50, Tue Jun 12:
MU is back in top 20 most traded, FZB.A is out. Total market capitalization of these top 20 most traded assets is 175116. Mining related assets represent 56.64% of these, pirate related 28.62% and the rest is 14.74%. Title: Re: Market Capitalization of top 20 GLBSE assets Post by: smickles on June 19, 2012, 05:46:57 AM I'm actually about to launch an index etf for glbse assets based on market cap. I actually poll outstanding shares from glbse instead of using the last dividend of the assets
https://mostofmany.com/etf/1/ (https://mostofmany.com/etf/1/) has a table of the market cap percentages. updated every few minutes I thought you might be interested Title: Re: Market Capitalization of top 20 GLBSE assets Post by: GeoRW on June 19, 2012, 05:56:02 AM I'm actually about to launch an index etf for glbse assets based on market cap. I actually poll outstanding shares from glbse instead of using the last dividend of the assets https://mostofmany.com/etf/1/ (https://mostofmany.com/etf/1/) has a table of the market cap percentages. updated every few minutes I thought you might be interested Yep, I will use the newly created API for outstanding shares from next time on (later today) as well. I'll include always only top 20 most traded assets on GLBSE. Title: Re: Market Capitalization of top 20 GLBSE assets Post by: Garr255 on June 19, 2012, 06:01:00 AM Thanks for the thread! I can't wait to see how high Cognitive gets when we get our Singles :)
Title: Re: Market Capitalization of top 20 GLBSE assets Post by: wirmola on June 19, 2012, 10:28:10 AM nice..! keep up with this..
Title: Re: Market Capitalization of top 20 GLBSE assets Post by: GeoRW on June 19, 2012, 05:03:24 PM Ok, so here's update as of GLBSETime 12:45, Tue Jun 19:
MU is again out of top 20 traded, MOVETO.FUND is in instead. Total market capitalization of these top 20 most traded assets is 160086. Mining: 57.00% Pirate: 28.43% Other: 14.57% Title: Re: Market Capitalization of top 20 GLBSE assets Post by: GeoRW on June 19, 2012, 05:37:14 PM How did you know tygrr-bot only has 2114 out? There's new API for outstanding shares: https://glbse.com/api/quantity_trading/TYGRR.BOT Title: Re: Market Capitalization of top 20 GLBSE assets Post by: MrTeal on June 19, 2012, 07:00:28 PM Where's BIB.PIRATE? It should be 4th on that list.
Title: Re: Market Capitalization of top 20 GLBSE assets Post by: GeoRW on June 19, 2012, 07:11:28 PM Where's BIB.PIRATE? It should be 4th on that list. not among top 20 most traded assets on GLBSETitle: Re: Market Capitalization of top 20 GLBSE assets Post by: MrTeal on June 19, 2012, 08:01:59 PM Where's BIB.PIRATE? It should be 4th on that list. not among top 20 most traded assets on GLBSEBut the criteria is market cap and not trade volume, correct? It isn't as trade as TYGRR, PPT or FOO because shares are transferred instead of bought, but the market cap is the same. Title: Re: Market Capitalization of top 20 GLBSE assets Post by: GeoRW on June 20, 2012, 05:38:43 AM Where's BIB.PIRATE? It should be 4th on that list. not among top 20 most traded assets on GLBSEBut the criteria is market cap and not trade volume, correct? It isn't as trade as TYGRR, PPT or FOO because shares are transferred instead of bought, but the market cap is the same. The first criteria is the total trade volume. Only top 20 most traded assets get into this table. Then the market cap is calculated. Title: Re: Market Capitalization of top 20 GLBSE assets Post by: smickles on June 20, 2012, 05:26:59 PM Where's BIB.PIRATE? It should be 4th on that list. not among top 20 most traded assets on GLBSEBut the criteria is market cap and not trade volume, correct? It isn't as trade as TYGRR, PPT or FOO because shares are transferred instead of bought, but the market cap is the same. The first criteria is the total trade volume. Only top 20 most traded assets get into this table. Then the market cap is calculated. Will you explain your reasoning for this so that I might understand it better :) Title: Re: Market Capitalization of top 20 GLBSE assets Post by: GeoRW on June 20, 2012, 05:36:03 PM Where's BIB.PIRATE? It should be 4th on that list. not among top 20 most traded assets on GLBSEBut the criteria is market cap and not trade volume, correct? It isn't as trade as TYGRR, PPT or FOO because shares are transferred instead of bought, but the market cap is the same. The first criteria is the total trade volume. Only top 20 most traded assets get into this table. Then the market cap is calculated. Will you explain your reasoning for this so that I might understand it better :) I already did somewhere at the start of this thread ;) And also I'm pretty lazy to make more complicated script :D Title: Re: Market Capitalization of top 20 GLBSE assets Post by: yochdog on June 20, 2012, 08:48:04 PM Ok, so here's update as of GLBSETime 12:45, Tue Jun 19:
MU is again out of top 20 traded, MOVETO.FUND is in instead. Total market capitalization of these top 20 most traded assets is 160086. Mining: 57.00% Pirate: 28.43% Other: 14.57% Why are you not including BTCMC? Our market cap is easily in the top 10....... Title: Re: Market Capitalization of top 20 GLBSE assets Post by: nimda on June 20, 2012, 09:44:57 PM trade volume...
Title: Re: Market Capitalization of top 20 GLBSE assets Post by: GeoRW on June 27, 2012, 08:10:55 AM Updated table as of GLBSETime 03:57, Wed Jun 27:
BTC-MINING is out of top 20 GLBSE most traded, replaced by BIB.PIRATE. Total market capitalization of these assets is 163506. Mining: 51.24% Pirate: 31.39% Other: 17.37% Title: Re: Market Capitalization of top 20 GLBSE assets Post by: smickles on July 04, 2012, 10:20:46 PM Ok, so here's update as of GLBSETime 12:45, Tue Jun 19:
MU is again out of top 20 traded, MOVETO.FUND is in instead. Total market capitalization of these top 20 most traded assets is 160086. Mining: 57.00% Pirate: 28.43% Other: 14.57% Why are you not including BTCMC? Our market cap is easily in the top 10....... Title: Re: Market Capitalization of top 20 GLBSE assets Post by: MrTeal on July 04, 2012, 10:39:57 PM Nope, 29th https://docs.google.com/spreadsheet/ccc?key=0AslZ6jrt1-_zdHhOS0VrQTB5cjhIc3hhXzUydE44TGc What are the units on those numbers? Title: Re: Market Capitalization of top 20 GLBSE assets Post by: smickles on July 04, 2012, 10:50:07 PM Nope, 29th https://docs.google.com/spreadsheet/ccc?key=0AslZ6jrt1-_zdHhOS0VrQTB5cjhIc3hhXzUydE44TGc What are the units on those numbers? Sorry for the confusion, i just did a quick copypasta for this. Title: Re: Market Capitalization of top 20 GLBSE assets Post by: GeoRW on July 13, 2012, 10:13:36 AM Updated table as of GLBSETime 05:51, Fri Jul 13:
No one dropped from top 20 most traded since last time. Total market capitalization of these top 20 most traded assets is 180352. Mining: 52.05% Pirate: 34.91% Other: 13.04% Title: Re: Market Capitalization of top 20 GLBSE assets Post by: GeoRW on July 18, 2012, 05:34:09 AM Updated table as of GLBSETime 01:18, Wed Jul 18. Last time I was a few days late, so this is back on schedule.
No one dropped from top 20 most traded since last time. Total market capitalization of these top 20 most traded assets is 173001. Mining: 50.90% Pirate: 36.17% Other: 12.93% Title: Re: Market Capitalization of top 20 GLBSE assets Post by: GeoRW on July 25, 2012, 01:46:25 PM Updated table as of GLBSETime 09:34, Wed Jul 25.
No one dropped from top 20 most traded since last time. Total market capitalization of these top 20 most traded assets is 179355. Mining: 53.43% Pirate: 34.69% Other: 11.87% Title: Re: Market Capitalization of top 20 GLBSE assets Post by: GeoRW on August 01, 2012, 10:20:29 AM Updated table as of GLBSETime 04:10, Wed Aug 01.
PPT is out, BDT is in. Total market capitalization of these top 20 most traded assets is 194053. Mining: 53.12% Pirate: 34.00% Other: 12.88% Title: Re: Market Capitalization of top 20 GLBSE assets Post by: GeoRW on August 01, 2012, 06:07:59 PM Updated table as of GLBSETime 04:10, Wed Aug 01.
PPT is out, BDT is in. Total market capitalization of these top 20 most traded assets is 194053. Mining: 53.12% Pirate: 34.00% Other: 12.88% Hi, just curious why CPA and BMF aren't on the list -- both should have market caps over 4,000. First criteria is total traded volume. These are top 20 most traded assets. Title: Re: Market Capitalization of top 20 most traded GLBSE assets Post by: yochdog on August 02, 2012, 02:42:12 PM I think it would be more informative if you excluded the pass through bonds. They are traded purely on time-value, and are not really indicative of investors view of the underlying value.
Just my .02. Title: Re: Market Capitalization of top 20 most traded GLBSE assets Post by: sunnankar on August 02, 2012, 03:38:36 PM I think it would be more informative if you excluded the pass through bonds. They are traded purely on time-value, and are not really indicative of investors view of the underlying value. Just my .02. I think pirate pass throughs should be included. Interest rates are the price for currency and regulate production through time. The pirate pass through bonds are indicative of investors view on the margin value derived from holding cash balances. Thus, the interest rate is a critical price to be discovered by the market, giving valuable information about both the supply and demand for bitcoins, along with any bond premium or discount on the pass throughs. Plus, should there be a credit contraction, perhaps investors may have a shift in confidence, and they will decide that the marginal value from holding bitcoins in their wallet is greater than the interest rate paid via Pirate then for some it will be fun to watch the destruction of the illusory wealth, determined by the capital value of the bonds, as a result of the decreased liquidity as the bitcoin price rises due to increased demand caused by changes in time preference. Title: Re: Market Capitalization of top 20 GLBSE assets Post by: yochdog on August 02, 2012, 03:47:18 PM Hi, just curious why CPA and BMF aren't on the list -- both should have market caps over 4,000. First criteria is total traded volume. These are top 20 most traded assets. ! Given that the # of outstanding shares is publicly available I find this quite surprising. Why do you call it the top 20 by market cap then? No offence but it's not the top 20 by market cap... The list would look completely different if it was actually done by market cap. On second look I notice you multiply total shares as well.. Ahh you mean unsold shares too? This is really a weird way of doing it. This isn't a reliable method. This. Title: Re: Market Capitalization of top 20 most traded GLBSE assets Post by: nimda on August 02, 2012, 05:01:36 PM GLBSE's Market page is sorted by "Total Vol฿"
Title: Re: Market Capitalization of top 20 GLBSE assets Post by: GeoRW on August 02, 2012, 05:40:33 PM Hi, just curious why CPA and BMF aren't on the list -- both should have market caps over 4,000. First criteria is total traded volume. These are top 20 most traded assets. ! Given that the # of outstanding shares is publicly available I find this quite surprising. Why do you call it the top 20 by market cap then? No offence but it's not the top 20 by market cap... The list would look completely different if it was actually done by market cap. On second look I notice you multiply total shares as well.. Ahh you mean unsold shares too? This is really a weird way of doing it. This isn't a reliable method. I already changed the title on the OP some time ago. The old title is though still displayed as subject of all posts. And I only count shares outstanding, not total shares. Don't know what you mean by not reliable method. Title: Re: Market Capitalization of top 20 most traded GLBSE assets Post by: yochdog on August 02, 2012, 05:41:01 PM GLBSE's Market page is sorted by "Total Vol฿" Volume is not Market Cap though :) Here's the real deal, courtesy of yours truly: AS AT AUG. 2nd, 2012 Code: # Holding Shares Value Market Cap How did you manage to miss BTCMC? We are easily top 15 Title: Re: Market Capitalization of top 20 most traded GLBSE assets Post by: matthewh3 on August 19, 2012, 01:03:20 AM GLBSE's Market page is sorted by "Total Vol฿" Volume is not Market Cap though :) Here's the real deal, courtesy of yours truly: AS AT AUG. 2nd, 2012 Code: # Holding Shares Value Market Cap It'be interesting to see how the table changes now with all the PPT's going off the market. Title: Re: Market Capitalization of top 20 most traded GLBSE assets Post by: Factory on August 19, 2012, 01:18:46 AM GLBSE's Market page is sorted by "Total Vol฿" Volume is not Market Cap though :) Here's the real deal, courtesy of yours truly: AS AT AUG. 2nd, 2012 Code: # Holding Shares Value Market Cap It'be interesting to see how the table changes now with all the PPT's going off the market. I agree. I have been looking forward to this for quite some time. Will get rid of all the clutter on GLBSE. Title: Re: Market Capitalization of top 20 most traded GLBSE assets Post by: Bitcoin Oz on August 19, 2012, 01:50:30 AM Now remove all the pirate ones and ZIP.A and BDT which are shut down or under a cloud.
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