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bardacuda
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September 21, 2017, 12:54:14 AM |
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Because Coinmarketcap had the wrong supply (static value) and have since gotten it closer to what the actual supply is (block height x 12.5)
Ok thanks. Did this coin have the same slow start like ZCash or was it 12.5/block right from the start? Even if so I guess that would have only affected the first 20k blocks anyway so it wouldn't have a huge effect on total supply at this point. coinmarketcap must have had over 1 million coins unnacounted for :p |
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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oblox
Legendary
 Offline
Activity: 1442
Merit: 1018
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September 21, 2017, 01:00:23 AM |
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Because Coinmarketcap had the wrong supply (static value) and have since gotten it closer to what the actual supply is (block height x 12.5)
Ok thanks. Did this coin have the same slow start like ZCash or was it 12.5/block right from the start? Even if so I guess that would have only affected the first 20k blocks anyway so it wouldn't have a huge effect on total supply at this point. coinmarketcap must have had over 1 million coins unnacounted for :p Correct, the site had the supply as 1.1M for like three months, if not longer. |
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dodopool
Full Member
Offline
Activity: 238
Merit: 100
dodopool.com operator
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September 21, 2017, 01:37:01 AM |
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Jesus christ dude, market cap is measured in dollars. Besides that, I'm 110% sure bitcoin did not more than double in price within the timeframe between 19:25 and 19:45 anyway. Did you even look at the graph??
Why not just say you don't know or just don't reply, instead of typing meaningless words and nonsensical babble?
chill... i already said i was just guessing. Jesus christ dude, market cap is measured in dollars. that is precisely why I mentioned btc, since there is no hush to fiat market (no dollars no nothing) the conversion is hush -> btc -> usd |
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bardacuda
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September 21, 2017, 03:21:35 AM |
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Right, instead of reading what I wrote or trying to understand it, you just imply that I don't understand how market cap is calculated or how to read the chart, as if that clears everything up and the question can be overlooked. Meanwhile you don't bother to look at the chart yourself even after your first reply. Since I was talking about dollar value and market cap, that means btc value is obviously already factored in. Now we have several posts back and forth and it got us nowhere. The same Dunning–Kruger shit happens all the time and it gets pretty annoying after awhile.
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The future will rely on AI. SingularityNET lets anyone create, monetize, and use AI at scale. From the creators of Sophia the Robot. |
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buzzkillb
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September 21, 2017, 04:06:19 AM |
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Can anyone chime in on why coinmarketcap decided to get the supply correct now? This happened with another coin recently and I don't understand where they are getting their data from.
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michaelangelo
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September 21, 2017, 06:10:57 AM |
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Nice i see that price go up... i did expect that...
Well its still far away where was before...
But slowly growt and steady price would be ok..
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Tadzka
Member
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Activity: 70
Merit: 10
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September 21, 2017, 08:31:09 AM |
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Any idea when is this coin coming to different exchanges?
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sebaio
Jr. Member
Offline
Activity: 30
Merit: 1
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September 21, 2017, 08:58:06 AM |
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in the real world this coin just lost 50 % in value,
but we are in disneyland and the price per coin just went up a bit.
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bardacuda
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September 21, 2017, 01:34:17 PM |
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in the real world this coin just lost 50 % in value,
but we are in disneyland and the price per coin just went up a bit.
Nothing actually happened to the supply, just one website's accounting of it. It's only half as undervalued as one would have thought by glancing at it on that site, but that still leaves it incredibly undervalued. |
The future will rely on AI. SingularityNET lets anyone create, monetize, and use AI at scale. From the creators of Sophia the Robot. |
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TRik
Newbie
Offline
Activity: 12
Merit: 0
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September 21, 2017, 02:32:52 PM |
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in the real world this coin just lost 50 % in value,
but we are in disneyland and the price per coin just went up a bit.
Nothing actually happened to the supply, just one website's accounting of it. It's only half as undervalued as one would have thought by glancing at it on that site, but that still leaves it incredibly undervalued. I don't understand what you two are saying, could you explain this to me ? |
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madbuda
Newbie
Offline
Activity: 44
Merit: 0
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September 21, 2017, 02:34:06 PM |
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Can anyone chime in on why coinmarketcap decided to get the supply correct now? This happened with another coin recently and I don't understand where they are getting their data from.
We have been reaching out to them to correct the total supply, looks like they finally decided to manually update it. I'm reaching out again now to find a way to programmatically keep it up to date |
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stupid_seb
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September 21, 2017, 03:03:47 PM |
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What an incredible Gem this coin!
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buzzkillb
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September 21, 2017, 03:06:29 PM |
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Can anyone chime in on why coinmarketcap decided to get the supply correct now? This happened with another coin recently and I don't understand where they are getting their data from.
We have been reaching out to them to correct the total supply, looks like they finally decided to manually update it. I'm reaching out again now to find a way to programmatically keep it up to date DNR ended up making a supply api for cmc to query for their feed. Took a while for them to get it going, but much better than adding nearly 1mil Hush to the supply randomly one day. To those wondering why this matters, some are judging a coins worth on marketcap. Whattomine pulls their supply number from coinmarketcap. |
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madbuda
Newbie
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Activity: 44
Merit: 0
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September 21, 2017, 03:51:50 PM |
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Can anyone chime in on why coinmarketcap decided to get the supply correct now? This happened with another coin recently and I don't understand where they are getting their data from.
We have been reaching out to them to correct the total supply, looks like they finally decided to manually update it. I'm reaching out again now to find a way to programmatically keep it up to date DNR ended up making a supply api for cmc to query for their feed. Took a while for them to get it going, but much better than adding nearly 1mil Hush to the supply randomly one day. To those wondering why this matters, some are judging a coins worth on marketcap. Whattomine pulls their supply number from coinmarketcap. Working on an api, older versions of insight had this, but it was removed since it was slow... Should have it in the next week or so |
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bardacuda
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September 21, 2017, 05:30:45 PM |
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in the real world this coin just lost 50 % in value,
but we are in disneyland and the price per coin just went up a bit.
Nothing actually happened to the supply, just one website's accounting of it. It's only half as undervalued as one would have thought by glancing at it on that site, but that still leaves it incredibly undervalued. I don't understand what you two are saying, could you explain this to me ? I'm saying his statement would only be true if the supply of coins had actually doubled. Since that did not happen, the value did not change. What I was saying was that if you were taking the previous (false) coin supply numbers reported by coinmarketcap at face value, then it would appear that the coin went down in value. But even if that were the case, it's still very undervalued. For example; compare the market cap of ~4M to ZCash's ~400M. Even if you think 1 HUSH is only worth, say, 1/10th what 1 ZEC is worth, then 1 HUSH is still worth 10x its current price, as opposed to the previously perceived 20x. |
The future will rely on AI. SingularityNET lets anyone create, monetize, and use AI at scale. From the creators of Sophia the Robot. |
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CrazyCreeptonaut
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September 21, 2017, 06:07:53 PM |
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I just saw the Hush coin on the list of SuperNET assets
the interesting thing it that they dont have any other zcash forks (only zcash and Hush)
so i believe it is for a reason. can be even corporation in long future.
i am getting in
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Demartini (OP)
Member
Offline
Activity: 115
Merit: 11
twitter.com/iolardemartini
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September 21, 2017, 06:31:38 PM |
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Hello guys,
As many of you might have noticed the market cap grew a lot a few days ago, the reason for this is that Coinmarketcap has updated the circulating supply.
The circulating supply is static on Coinmarketcap because insight-API is removed. Hopefully Coinmarketcap will update the circulating supply more frequently.
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TRik
Newbie
Offline
Activity: 12
Merit: 0
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September 21, 2017, 06:51:17 PM |
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in the real world this coin just lost 50 % in value,
but we are in disneyland and the price per coin just went up a bit.
Nothing actually happened to the supply, just one website's accounting of it. It's only half as undervalued as one would have thought by glancing at it on that site, but that still leaves it incredibly undervalued. I don't understand what you two are saying, could you explain this to me ? I'm saying his statement would only be true if the supply of coins had actually doubled. Since that did not happen, the value did not change. What I was saying was that if you were taking the previous (false) coin supply numbers reported by coinmarketcap at face value, then it would appear that the coin went down in value. But even if that were the case, it's still very undervalued. For example; compare the market cap of ~4M to ZCash's ~400M. Even if you think 1 HUSH is only worth, say, 1/10th what 1 ZEC is worth, then 1 HUSH is still worth 10x its current price, as opposed to the previously perceived 20x. OK seems rational, at least far more than what i understood. Anyway i agree with you. |
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CrazyCreeptonaut
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September 22, 2017, 02:31:58 AM |
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Hello
i was reading now about a project called Zencash
what are the difference between zencash and hush?
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