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jubalix (OP)
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May 24, 2013, 11:26:25 AM
 #1
As crude as the measure is It seems that XRP market cap is

over the BTC market cap

interesting days

however the XRP is much less liquid, I also think it does not have the growth potential of BTC
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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N12
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May 24, 2013, 11:54:50 AM
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Now this is a true bubble.
Sukrim
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May 24, 2013, 11:55:54 AM
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Well, I can create 100 Trillion Sukrimcoins and sell one to somebody for 1 BTC. I could proceed to buy my home country with the rest then... Roll Eyes

Market cap is not the best indicator, as you've already seen. This is valid for BTC too by the way (I've seen comparisons that "BTC's market cap is above that of x small countries, yay!").
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May 24, 2013, 12:00:56 PM
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Quote from: Sukrim on May 24, 2013, 11:55:54 AM
Well, I can create 100 Trillion Sukrimcoins and sell one to somebody for 1 BTC. I could proceed to buy my home country with the rest then... Roll Eyes

Market cap is not the best indicator, as you've already seen. This is valid for BTC too by the way (I've seen comparisons that "BTC's market cap is above that of x small countries, yay!").

Hey c'mon.  That's one of the all-time great threads.
Dankedan: price seems low, time to sell I think...
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