Bitcoin Forum
October 23, 2017, 08:58:33 PM *
News: Latest stable version of Bitcoin Core: 0.15.0.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: [TOP 20] Market cap over/undervalued  (Read 495 times)
Chloroplaste
Newbie
*
Offline Offline

Activity: 26


View Profile
May 30, 2017, 10:40:57 AM
 #1

Hi everybody,

I was looking at the marketcap of the 20 first coins on https://coinmarketcap.com/.
And I was wondering if these marketcaps were legitimate regarding to potential use of the currency/project in the best case scenario ?
I'm also surprised that the ETH marketcap was catching up with the BTC one.

PS: Sorry for my poor english.
1508792313
Hero Member
*
Offline Offline

Posts: 1508792313

View Profile Personal Message (Offline)

Ignore
1508792313
Reply with quote  #2

1508792313
Report to moderator
1508792313
Hero Member
*
Offline Offline

Posts: 1508792313

View Profile Personal Message (Offline)

Ignore
1508792313
Reply with quote  #2

1508792313
Report to moderator
1508792313
Hero Member
*
Offline Offline

Posts: 1508792313

View Profile Personal Message (Offline)

Ignore
1508792313
Reply with quote  #2

1508792313
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
2bfree
Sr. Member
****
Online Online

Activity: 280

NEW Blockchain project consultant =>> FOR HIRE!!!!


View Profile WWW
May 30, 2017, 10:43:32 AM
 #2

Hi everybody,

I was looking at the marketcap of the 20 first coins on https://coinmarketcap.com/.
And I was wondering if these marketcaps were legitimate regarding to potential use of the currency/project in the best case scenario ?
I'm also surprised that the ETH marketcap was catching up with the BTC one.

PS: Sorry for my poor english.

On some of these coins the market cap is a lie forexample if I make a coin and I premine 99% of it and list it on the exage say a million was sold (in fiat dollars) they will multiply with the coins I pre-mind and show huge market cap when it's just a lie.

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
FREE MONEY - IS YOUR TRADING CRYPTO ACCOUNT GIVING YOU FREE MONEY? IF NOT CLICK HERE!
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
Chloroplaste
Newbie
*
Offline Offline

Activity: 26


View Profile
May 30, 2017, 11:33:37 AM
 #3

But according to coinmarketcap, there is no significantly premined coin in the top 20.
To go back to the subject, I know that the whole Ethereum sphere is promising but i'm still doubtful regarding the current market topping 20B billions.
dissident
Full Member
***
Offline Offline

Activity: 224


View Profile
May 30, 2017, 12:10:43 PM
 #4

Marketcap is simply price multiplied by advertised outstanding shares. Whether there's a bunch of shares locked up in big hands or unrecoverable addresses or not is irrelevant. For example, something like 20% of the above ground gold is held by large governments. There's still a large amount of NEM locked up in supernodes and the development fund.  There's a wallet of 80,000 BTC that hasn't been used ever and is likely lost....

https://docs.google.com/spreadsheets/d/1xTROekDerP1TPOB3SOD_1bbQr580BPqbhF3YHdO96pw/edit#gid=189298223


All stocks' marketcaps are determined in this manner.  Of course if everyone tried to cash out all their stock at once, they'd never get out the total marketcap because market caps are more like a game of musical chairs... it requires balanced supply and demand.   Even a slight increase in supply at any given moment would crash the share price unless the sellers set limit orders and refuse to sell below a certain price and don't start trying to outmaneuver each other with lower sell orders. Sell when everything is stable, like right now during this dead cat bounce when people are complacent and rhinos have large buy orders in place. You can then sell a bigger lump and have the market absorb it which is easier to do than during a crash. Smiley

П    |⧛ ☛  Join the signature campaign and earn free PI daily!  ✅ |⧛    П
|⧛         ☛  PiCoin - get in now  ✅     ☛ No ICO!  ✅          |⧛
didzi
Full Member
***
Offline Offline

Activity: 154



View Profile
May 30, 2017, 09:07:50 PM
 #5

Hi everybody,

I was looking at the marketcap of the 20 first coins on https://coinmarketcap.com/.
And I was wondering if these marketcaps were legitimate regarding to potential use of the currency/project in the best case scenario ?
I'm also surprised that the ETH marketcap was catching up with the BTC one.

PS: Sorry for my poor english.

do your own research about the TOP 20 coin on coinmarketcap..
and look at the best exchange that listed the coin,, sometimes each exchange have different price,,
because as i know the value on coinmarketcap is average value from all exchange that listed that coin

BitConscious Foundation  Bit of consciousness shapes the future
Website | Whitepaper | Bitcointalk | Facebook | Twitter | Slack | Telegram
Decentralized charity platform • ICO Starts: OCTOBER 4 • Only 70,000 Tokens
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!