Bitcoin Forum
August 22, 2019, 08:33:58 AM *
News: Latest Bitcoin Core release: 0.18.0 [Torrent] (New!)
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: What is the market cap of the alternative coins?  (Read 1290 times)
ripper234
Legendary
*
Offline Offline

Activity: 1344
Merit: 1000


Ron Gross


View Profile WWW
December 12, 2012, 09:20:40 AM
 #1

All combined / individual alts?

I once had a website called Bitcoin Pie that showed the market caps.
Didn't update it in a while (pull requests are welcome).

Please do not pm me, use ron@bitcoin.org.il instead
Mastercoin Executive Director
Co-founder of the Israeli Bitcoin Association
1566462838
Hero Member
*
Offline Offline

Posts: 1566462838

View Profile Personal Message (Offline)

Ignore
1566462838
Reply with quote  #2

1566462838
Report to moderator
1566462838
Hero Member
*
Offline Offline

Posts: 1566462838

View Profile Personal Message (Offline)

Ignore
1566462838
Reply with quote  #2

1566462838
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1566462838
Hero Member
*
Offline Offline

Posts: 1566462838

View Profile Personal Message (Offline)

Ignore
1566462838
Reply with quote  #2

1566462838
Report to moderator
FuzzyBear
Legendary
*
Offline Offline

Activity: 1246
Merit: 1006



View Profile WWW
December 12, 2012, 01:47:47 PM
 #2

http://proofofstake.com/

is good for PPC market cap... not sure on other coins though

DeathAndTaxes
Donator
Legendary
*
Offline Offline

Activity: 1218
Merit: 1005


Gerald Davis


View Profile
December 12, 2012, 01:50:33 PM
 #3

Wait can those charts be right?

Market cap of PPC is ~4K BTC @ ~0.0004 BTC per PPC.  So roughly 10 million PPC minted?  2 million were minted in one day?  So 20% of the market cap was produced 2 days after the project launched?
ripper234
Legendary
*
Offline Offline

Activity: 1344
Merit: 1000


Ron Gross


View Profile WWW
December 12, 2012, 02:06:02 PM
 #4

Wait can those charts be right?

Market cap of PPC is ~4K BTC @ ~0.0004 BTC per PPC.  So roughly 10 million PPC minted?  2 million were minted in one day?  So 20% of the market cap was produced 2 days after the project launched?

My major issue with PPC was always its rushed delivery.
I also have yet to understand how the coin supply chart looks like.

This is one major advantage to Bitcoin over some variants - it's very simple to understand its behavior.
You buy 1 BTC today for $X, you know exactly how much you'll have out of the future BTC economy forever.
The only variable is "how much will the BTC economy be worth".

Please do not pm me, use ron@bitcoin.org.il instead
Mastercoin Executive Director
Co-founder of the Israeli Bitcoin Association
cunicula
Legendary
*
Offline Offline

Activity: 1064
Merit: 1003



View Profile
December 12, 2012, 02:35:52 PM
 #5

Wait can those charts be right?

Market cap of PPC is ~4K BTC @ ~0.0004 BTC per PPC.  So roughly 10 million PPC minted?  2 million were minted in one day?  So 20% of the market cap was produced 2 days after the project launched?

There are about 14.6 million PPC minted at an average rate of 126,000 per day. Thus 2 million is like 20 days worth of production. It is a lot, but you have to keep in mind that the currency has been around for less than 4 months. This was a gold rush, not premine. (though in my book there is absolutely nothing wrong with a complete premine of all coins).





crazy_rabbit
Legendary
*
Offline Offline

Activity: 1176
Merit: 1001


RUM AND CARROTS: A PIRATE LIFE FOR ME


View Profile
December 13, 2012, 09:15:25 AM
 #6

Wait can those charts be right?

Market cap of PPC is ~4K BTC @ ~0.0004 BTC per PPC.  So roughly 10 million PPC minted?  2 million were minted in one day?  So 20% of the market cap was produced 2 days after the project launched?

There are about 14.6 million PPC minted at an average rate of 126,000 per day. Thus 2 million is like 20 days worth of production. It is a lot, but you have to keep in mind that the currency has been around for less than 4 months. This was a gold rush, not premine. (though in my book there is absolutely nothing wrong with a complete premine of all coins).

14.6 million coins in 4 months, more then bitcoin in 4 years. It's not even a pre-mine, it's a up-down-up-down-left-right-left-right-a-b cheat code.

more or less retired.
cunicula
Legendary
*
Offline Offline

Activity: 1064
Merit: 1003



View Profile
December 13, 2012, 09:34:51 AM
 #7

Wait can those charts be right?

Market cap of PPC is ~4K BTC @ ~0.0004 BTC per PPC.  So roughly 10 million PPC minted?  2 million were minted in one day?  So 20% of the market cap was produced 2 days after the project launched?

There are about 14.6 million PPC minted at an average rate of 126,000 per day. Thus 2 million is like 20 days worth of production. It is a lot, but you have to keep in mind that the currency has been around for less than 4 months. This was a gold rush, not premine. (though in my book there is absolutely nothing wrong with a complete premine of all coins).

14.6 million coins in 4 months, more then bitcoin in 4 years. It's not even a pre-mine, it's a up-down-up-down-left-right-left-right-a-b cheat code.
I'm not understanding you. It follows the rules which I explained above. I think the rules are fine.
You seem to think that the absolute number of coins released has some significance. It doesn't.






FuzzyBear
Legendary
*
Offline Offline

Activity: 1246
Merit: 1006



View Profile WWW
December 13, 2012, 09:40:34 AM
 #8

Wait can those charts be right?

Market cap of PPC is ~4K BTC @ ~0.0004 BTC per PPC.  So roughly 10 million PPC minted?  2 million were minted in one day?  So 20% of the market cap was produced 2 days after the project launched?

There are about 14.6 million PPC minted at an average rate of 126,000 per day. Thus 2 million is like 20 days worth of production. It is a lot, but you have to keep in mind that the currency has been around for less than 4 months. This was a gold rush, not premine. (though in my book there is absolutely nothing wrong with a complete premine of all coins).

14.6 million coins in 4 months, more then bitcoin in 4 years. It's not even a pre-mine, it's a up-down-up-down-left-right-left-right-a-b cheat code.
I'm not understanding you. It follows the rules which I explained above. I think the rules are fine.
You seem to think that the absolute number of coins released has some significance. It doesn't.


Yeah more coins means that we have faster millionaires in PPC.... still worth not much though Tongue

smoothie
Legendary
*
Offline Offline

Activity: 2128
Merit: 1016


LEALANA Monero Physical Silver Coins


View Profile
December 13, 2012, 09:43:48 AM
 #9

Wait can those charts be right?

Market cap of PPC is ~4K BTC @ ~0.0004 BTC per PPC.  So roughly 10 million PPC minted?  2 million were minted in one day?  So 20% of the market cap was produced 2 days after the project launched?

There are about 14.6 million PPC minted at an average rate of 126,000 per day. Thus 2 million is like 20 days worth of production. It is a lot, but you have to keep in mind that the currency has been around for less than 4 months. This was a gold rush, not premine. (though in my book there is absolutely nothing wrong with a complete premine of all coins).

14.6 million coins in 4 months, more then bitcoin in 4 years. It's not even a pre-mine, it's a up-down-up-down-left-right-left-right-a-b cheat code.
I'm not understanding you. It follows the rules which I explained above. I think the rules are fine.
You seem to think that the absolute number of coins released has some significance. It doesn't.


Just like you can't predict the absolute path of money supply growth when the Dollar was introduced...i don't see how prediction matters.

Keep in mind there are trillions of dollars in this world, let alone more of other currencies.

14 million is just a number. Could be 14,000 or 140,000,000....so what.

Psychologically 14,000 would be too small i think....and 14 million when compared to BTC is "plenty"...but that is ignoring the outside world of FIAT.

███████████████████████████████████████

            ,╓p@@███████@╗╖,           
        ,p████████████████████N,       
      d█████████████████████████b     
    d██████████████████████████████æ   
  ,████²█████████████████████████████, 
 ,█████  ╙████████████████████╨  █████y
 ██████    `████████████████`    ██████
║██████       Ñ███████████`      ███████
███████         ╩██████Ñ         ███████
███████    ▐▄     ²██╩     a▌    ███████
╢██████    ▐▓█▄          ▄█▓▌    ███████
 ██████    ▐▓▓▓▓▌,     ▄█▓▓▓▌    ██████─
           ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌          
           ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌          
    ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─  
     ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩    
        ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀       
           ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀`          
                   ²²²                 
███████████████████████████████████████

. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.                  History of Monero development Visualization ★☆ .
LEALANA  PHYSICAL MONERO COINS 999 FINE SILVER.
 
cabin
Sr. Member
****
Offline Offline

Activity: 607
Merit: 250


View Profile
December 14, 2012, 03:12:23 PM
 #10

http://proofofstake.com/

is good for PPC market cap... not sure on other coins though

Nice charts. I didn't realize so few proof-of-work blocks were being generated recently. For example it looks like on Dec 7th only 10451 PPC were generated. At around 700PPC per block that implies only 15 proof of work blocks that day. Is it expected that the proof-of-stake blocks will continue to crowd out the proof of work blocks more and more?
Sunny King
Legendary
*
Offline Offline

Activity: 1205
Merit: 1001



View Profile WWW
December 14, 2012, 07:30:22 PM
 #11

Nice charts. I didn't realize so few proof-of-work blocks were being generated recently. For example it looks like on Dec 7th only 10451 PPC were generated. At around 700PPC per block that implies only 15 proof of work blocks that day. Is it expected that the proof-of-stake blocks will continue to crowd out the proof of work blocks more and more?

It likely won't go much more sparse than that. The proof-of-work spacing target is variable but has a max value of 2 hours.
ripper234
Legendary
*
Offline Offline

Activity: 1344
Merit: 1000


Ron Gross


View Profile WWW
January 05, 2013, 11:36:48 AM
 #12

I'm dead tired right now so I can't even go through this thread, but if anyone cares to update the individual wiki entries for the coins, and/or the new wiki entry List of alternative cryptocurrencies, that would be most welcome.

Please do not pm me, use ron@bitcoin.org.il instead
Mastercoin Executive Director
Co-founder of the Israeli Bitcoin Association
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!