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Author Topic: What is the market cap of the alts?  (Read 1205 times)
ripper234
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Ron Gross


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March 18, 2013, 08:15:08 PM
 #1

According to the wiki, the market cap of Litecoin itself is ~$10m ? So 2% of Bitcoin?
I sort of thought that all the alts combined are < 1% of BTC market cap.

Can anyone sum up the major alts' market cap?

Please do not pm me, use ron@bitcoin.org.il instead
Mastercoin Executive Director
Co-founder of the Israeli Bitcoin Association
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xorxor
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March 18, 2013, 08:22:17 PM
 #2

According to the wiki, the market cap of Litecoin itself is ~$10m ? So 2% of Bitcoin?
I sort of thought that all the alts combined are < 1% of BTC market cap.

Can anyone sum up the major alts' market cap?


its done.  live!

http://dustcoin.com/mining

fuck deeponion, fuck bitcoincash, all glory to one BITCOIN
nameface
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March 18, 2013, 08:38:27 PM
 #3

According to the wiki, the market cap of Litecoin itself is ~$10m ? So 2% of Bitcoin?
I sort of thought that all the alts combined are < 1% of BTC market cap.

Can anyone sum up the major alts' market cap?


its done.  live!

http://dustcoin.com/mining
wow that's great ty
ripper234
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Ron Gross


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March 18, 2013, 09:40:17 PM
 #4

According to the wiki, the market cap of Litecoin itself is ~$10m ? So 2% of Bitcoin?
I sort of thought that all the alts combined are < 1% of BTC market cap.

Can anyone sum up the major alts' market cap?


its done.  live!

http://dustcoin.com/mining

Thanks for the hard work, you saved me some embarrassment this week.

I'm going to talk about the Alt Currencies in the next Israeli Bitcoin Meetup (this Thursday).
I had planned to say the market cap of all alts together is < 1% of bitcoin ... then I thought I'd actually do some fact checking, and find this.
Now I actually see that a coin such as DevCoin, which I thought would be meaningless (because frankly I never got the idea of why it should be a worthwhile coin), is equal to PPCoin in its market cap.

I'm now adding this slide to my ppt (will publish it after the talk)


Please do not pm me, use ron@bitcoin.org.il instead
Mastercoin Executive Director
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Sunny King
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March 18, 2013, 10:00:49 PM
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good job ripper!
nameface
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March 18, 2013, 10:19:15 PM
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I sort of thought that all the alts combined are < 1% of BTC market cap.

It was before LTC price shot through the roof just last week.
ripper234
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Ron Gross


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March 19, 2013, 08:14:58 AM
 #7

I sort of thought that all the alts combined are < 1% of BTC market cap.

It was before LTC price shot through the roof just last week.

I smell a bubble.

Please do not pm me, use ron@bitcoin.org.il instead
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nameface
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March 19, 2013, 02:53:39 PM
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I sort of thought that all the alts combined are < 1% of BTC market cap.

It was before LTC price shot through the roof just last week.

I smell a bubble.
See what happened to LTC yesterday amidst the BTC price rally? It tanked pretty hard, down to $0.48 from it's crazy high of over $0.70. Has the bubble burst yet?
Sunny King
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March 27, 2013, 05:15:28 AM
 #9

Just found Ron's slides on altcoins
http://www.slideshare.net/ripper234/alternative-payment-technologies-march-2013

Good introduction to altcoins. Thanks Ron!
ripper234
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Ron Gross


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March 27, 2013, 05:57:34 AM
 #10

Just found Ron's slides on altcoins
http://www.slideshare.net/ripper234/alternative-payment-technologies-march-2013

Good introduction to altcoins. Thanks Ron!

Thanks, meant to publish it here, haven't had the chance yet.
I opened a thread about it and posted it properly.

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