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Author Topic: Explains the terms for beginners  (Read 449 times)
lucky_girl (OP)
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August 27, 2017, 07:15:01 AM
 #1

Could someone tell me what means those terms which are written on Coin Market Cap:

- Market cap
- Volume 24 hour
- Circulating Supply
- Max Supply

How to know which coin has brigther future? What those terms really mean in practice? From this, can I figure out what will be the top price of coin?

Thank you for explanation.  Smiley
styca
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August 27, 2017, 07:51:12 AM
 #2

Market cap is market capitalisation. It's how much the total current supply of that coin is worth. It's [total current coins] x [price of one coin]. So if a coin price is $10 and there are 1,000 coins in circulation, its market cap is $10,000. Same if there are 10 coins and each has a price of $1,000... $10,000 market cap again. This is why market cap is important. Price of an individual coin is only relevant when compared with number of coins in supply.

Volume 24h is the amount of that coin traded in last 24 hours.

Circulating supply is the number of coins currently in circulation. Multiply this by coin price to get market cap.

Max supply is total limit of number of coins that will ever be in circulation. E.g., there are 16 million bitcoins in circulation, but only 5 million more can ever be mined, giving a max supply of 21 million.


Bitzure
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August 27, 2017, 07:56:51 AM
 #3

Could someone tell me what means those terms which are written on Coin Market Cap:

- Market cap
- Volume 24 hour
- Circulating Supply
- Max Supply

How to know which coin has brigther future? What those terms really mean in practice? From this, can I figure out what will be the top price of coin?

Thank you for explanation.  Smiley



Market Cap - Circulating Supply x Price Per Coin
24Hr Volume - Total amount of coins traded in a 24hr period
Circulating Supply - Current amount of total available coins
Max Supply - Total coins to ever be created
Herbert2020
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August 27, 2017, 08:22:12 AM
 #4

How to know which coin has brigther future? What those terms really mean in practice? From this, can I figure out what will be the top price of coin?
most of these don't really have much effect on the future of a coin. some of them like the supply and how it is distributed can affect things but some others like market capitalization have no effect on anything whatsoever.

- Market cap
- Volume 24 hour
- Circulating Supply
- Max Supply

- market capitalization:
is a useless thing here for cryptocurrencies. it is a term used for stocks of a company and it is used for them because it has a meaning. here it is a 100% abstract number without meaning. and you shouldn't even be using it to compare
- 24h Volume
shows how much market is interested in that coin in that day only.
- volume in general
it can show how much market is interested in a coin in a longer period. and if it is always high that is a good coin for trading and if it was high only a couple of days and dropped to nearly nothing that shows it is a pump and dump.
- Circulating Supply
the supply that was mined, distributed,...
- Max Supply
the maximum allowed supply, cap, final amount when mining is over,...
- premine
what they have created out of thin air. it is considered a negative aspect

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
BogdanGFTP
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August 27, 2017, 08:37:01 AM
 #5

Could someone tell me what means those terms which are written on Coin Market Cap:

- Market cap
- Volume 24 hour
- Circulating Supply
- Max Supply

How to know which coin has brigther future? What those terms really mean in practice? From this, can I figure out what will be the top price of coin?

Thank you for explanation.  Smiley



Market Cap - Circulating Supply x Price Per Coin
24Hr Volume - Total amount of coins traded in a 24hr period
Circulating Supply - Current amount of total available coins
Max Supply - Total coins to ever be created
Most righteous explanation
veraoktav127
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August 27, 2017, 09:06:19 AM
 #6

Could someone tell me what means those terms which are written on Coin Market Cap:

- Market cap
- Volume 24 hour
- Circulating Supply
- Max Supply

How to know which coin has brigther future? What those terms really mean in practice? From this, can I figure out what will be the top price of coin?

Thank you for explanation.  Smiley



Market Cap - Circulating Supply x Price Per Coin
24Hr Volume - Total amount of coins traded in a 24hr period
Circulating Supply - Current amount of total available coins
Max Supply - Total coins to ever be created
Most righteous explanation

yes, short but clear, i will try to practice it, besause i am also a begginer

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Manuj
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August 27, 2017, 09:23:23 AM
 #7

Market cap is market capitalisation. It's how much the total current supply of that coin is worth. It's [total current coins] x [price of one coin]. So if a coin price is $10 and there are 1,000 coins in circulation, its market cap is $10,000. Same if there are 10 coins and each has a price of $1,000... $10,000 market cap again. This is why market cap is important. Price of an individual coin is only relevant when compared with number of coins in supply.

Volume 24h is the amount of that coin traded in last 24 hours.

Circulating supply is the number of coins currently in circulation. Multiply this by coin price to get market cap.

Max supply is total limit of number of coins that will ever be in circulation. E.g., there are 16 million bitcoins in circulation, but only 5 million more can ever be mined, giving a max supply of 21 million.




I should have posted my own explanation but when I came across yours, I think I don't have to. Yours is already very simple and concise but very precise. Thanks for this reply. I could not have made the explanation myself better. Great job, dude!  Cool
Mahanton
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August 27, 2017, 10:24:22 AM
 #8

Market cap is market capitalisation. It's how much the total current supply of that coin is worth. It's [total current coins] x [price of one coin]. So if a coin price is $10 and there are 1,000 coins in circulation, its market cap is $10,000. Same if there are 10 coins and each has a price of $1,000... $10,000 market cap again. This is why market cap is important. Price of an individual coin is only relevant when compared with number of coins in supply.

Volume 24h is the amount of that coin traded in last 24 hours.

Circulating supply is the number of coins currently in circulation. Multiply this by coin price to get market cap.

Max supply is total limit of number of coins that will ever be in circulation. E.g., there are 16 million bitcoins in circulation, but only 5 million more can ever be mined, giving a max supply of 21 million.




I should have posted my own explanation but when I came across yours, I think I don't have to. Yours is already very simple and concise but very precise. Thanks for this reply. I could not have made the explanation myself better. Great job, dude!  Cool
The things in my mind regarding on the question is already been explained concisely with his reply which same as you said there no need to repeat since its being  said already and hopefully that op did read this things that he ask since most members here did already give the best and the most accurate definition on the terms hes asking and better to lock this thread to avoid repitition of answers.

R


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windydean
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August 27, 2017, 10:31:52 AM
 #9

is marketcap value of all circulating coins or total supply?
Bitzure
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August 27, 2017, 10:33:57 AM
 #10

is marketcap value of all circulating coins or total supply?

Circulating Coins
gribble
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August 27, 2017, 12:49:28 PM
 #11

is marketcap value of all circulating coins or total supply?
Marketcap is cryptocurrencies market capitalizations all of the information about digital coins include
Market Cap - Circulating Supply digital coins Price Per Coin
24Hr Volume - Total amount of coins traded in a 24hr period
Circulating Supply - Current amount of total available coins
Max Supply - Total coins to ever be created
Almost all of information about digital coins around the world list on https://coinmarketcap.com/
If you are read carefully comments above me and visit the link, your question was answered
So please try to learning about the website of coinmarketcap.
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August 27, 2017, 01:06:00 PM
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Market Cap - Circulating Supply x Price Per Coin
24Hr Volume - Total amount of coins traded in a 24hr period
Circulating Supply - Current amount of total available coins
Max Supply - Total coins to ever be created

That is right. Usually those terms you will encounter while trading because these info you'll needed when buying or selling. Also you will need the ICO price, the price during its Initial Coin Offering.
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