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Author Topic: CAN WE SAY THE MARKETCAP OF BITCOIN IS FALSE??  (Read 285 times)
Lion_ashy
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July 12, 2018, 08:53:33 PM
 #41

Your query is out of line. Marketcap isn't just related with whales, tether and so on...

Am just scared if Whales decide to convert Bitcoin to Fiat.

Just don't. Whales aren't a bunch of fools. They are just waiting for the perfect opportunity to buy and turn a corner.

Will Tether keep printing more Tether to circulation?.

Yes, they might. Nobody knows what their next move is.
But that's irrelevant to your previous query.

Afterall, if you think marketcap is a metric for tracking the total valuation of Bitcoin, then you're wrong.

I know whales are not fools...but selling a huge part of what they hold is a way to manupulate the market. Causing more downfall. And with my little knowlege i believe that it will get a point when tether printing will bring fake marketcap. That was my reason for this topic. A friend of mine said that cryptocurrency was a joke. Sincerely i couldn't argue it. I just smirked.
But you are not giving a reason of why the whales will want to get out now. The price is very low, if they wanted to sell they could have done it at the top or close to the top of the market, also if they sold so many coins at the same time this will alert the markets and the price will go down even further, reducing their profits even more than before.

🤔 that's actually wise. You mean because exchanges might not have the liquidity isn't it?
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July 12, 2018, 09:22:59 PM
 #42

It is very difficult to calculate the real market cap of Bitcoin. Because a huge number of Bitcoins are "lost", i.e no one is having the private key to spend them. This includes the BTC980,000 stash mined by Satoshi.

I guess there is always the possibility of Satoshi's coins entering the market. If he is still around and has access to his private keys, he may still spend them. Even if he isn't attached to material wealth, there is the possibility of him transferring the coins to a Bitcoin Foundation or some charity.


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July 12, 2018, 09:36:26 PM
 #43

Am just scared if Whales decide to convert Bitcoin to Fiat. Will Tether keep printing more Tether to circulation?.
Will in my own thought maybe whales are influencng people in the world of digital currency investment,but acting as main owner or the one who control the black chain market  i thinks thats is a foul,thats why dont scared,because whales did not do nothing  to make the cryptocurrency turns into fiat,while in the other hand the market caps of bitcoin is true,so therefore where did you get thats kind of news? maybe you can read and heard a fakes news about cryptocurrency.

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July 12, 2018, 09:46:50 PM
 #44

In my own opinion yes. The market of bitcoin are false. Because the movement of his market is quetly unpredictable sometimes its up and tomorrow will be down

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July 14, 2018, 12:44:42 PM
 #45

Something tells me that the whales are too wise to do that Smiley  for me it is a great sign that bitcoin is still alive, that they keeping their funds in Bitcoin, because if bitcoin would be dead, I think they would be the first to withdraw the money.

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July 14, 2018, 05:53:23 PM
 #46

I think whales will never give up on this market and they think that if they sell Bitcoin and exchange fiat currency, then the crypto market will probably collapse as soon as the whale does it. They only sell Bitcoin when they no longer want to make money with this market
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July 14, 2018, 06:02:57 PM
 #47

Am just scared if Whales decide to convert Bitcoin to Fiat. Will Tether keep printing more Tether to circulation?.

jes the marketcap and the social support could indeed be illusionary and faked.

people stil think its trustworthy and reliable however,

most traders dont use coinmarketcap anymore btw.
yes its true there is a lot local exchange that not listed on coinmarketcap. So we dont know exactly the capital but for sure marketcap do help us to watch the price and all altcoins. So i believe coinmarketcap still can be trusted.
I think whales will never give up on this market and they think that if they sell Bitcoin and exchange fiat currency, then the crypto market will probably collapse as soon as the whale does it. They only sell Bitcoin when they no longer want to make money with this market

i think whales are invest in crypto for long term and they would not just turn all of their money into fiat like that and i do think if they do it big market crash will happen again.

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July 22, 2018, 06:11:19 PM
 #48

In my own opinion yes. The market of bitcoin are false. Because the movement of his market is quetly unpredictable sometimes its up and tomorrow will be down

Exactly what I thought... But someone gave justice to it already. Go to the first page of this discussion.
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July 27, 2018, 08:47:53 AM
 #49

It is very difficult to calculate the real market cap of Bitcoin. Because a huge number of Bitcoins are "lost", i.e no one is having the private key to spend them. This includes the BTC980,000 stash mined by Satoshi.

I guess there is always the possibility of Satoshi's coins entering the market. If he is still around and has access to his private keys, he may still spend them. Even if he isn't attached to material wealth, there is the possibility of him transferring the coins to a Bitcoin Foundation or some charity.
May. Whales can affect everyone in the world of digital money investing, but playing the role of the main owner or controlling the black market, I think that's a mistake, that's why. you are not afraid,
Because whales do nothing to make electronic money turn into fiat, so you have received the wrong kind of news.
Consider the good news not to lose the opportunity as well as money.

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July 27, 2018, 09:23:46 AM
 #50

Am just scared if Whales decide to convert Bitcoin to Fiat. Will Tether keep printing more Tether to circulation?.

jes the marketcap and the social support could indeed be illusionary and faked.

people stil think its trustworthy and reliable however,

most traders dont use coinmarketcap anymore btw.
Shocked Shocked Shocked
Does Coinmartketcap fake Huh. Is it a right information Huh. If yes can you give us a webgite which give us a right information. Thank you so much.
I have used Coinmarketcap at the beginning when the first time I joined this market, I've very liked it and trusted it, so sad to hear it fake informations Sad
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July 27, 2018, 09:30:54 AM
 #51

Am just scared if Whales decide to convert Bitcoin to Fiat. Will Tether keep printing more Tether to circulation?.

Lol, you scared of something so illusionary and far from being a reality. Whales has nothing to do with the market cap of Bitcoin and so as the tether. All that's Bitcoin has achieved is due to the people patronizing it and not the whales.

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July 27, 2018, 09:39:28 AM
 #52

No, I think that the market cap of bitcoin is real. Many exchange are controlling the amount of btc. The market situation is very transparent and you could track the every transactions that are made.
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July 27, 2018, 01:46:29 PM
 #53

Am just scared if Whales decide to convert Bitcoin to Fiat. Will Tether keep printing more Tether to circulation?.

jes the marketcap and the social support could indeed be illusionary and faked.

people stil think its trustworthy and reliable however,

most traders dont use coinmarketcap anymore btw.
Shocked Shocked Shocked
Does Coinmartketcap fake Huh. Is it a right information Huh. If yes can you give us a webgite which give us a right information. Thank you so much.
I have used Coinmarketcap at the beginning when the first time I joined this market, I've very liked it and trusted it, so sad to hear it fake informations Sad

Lol he doesn't mean fake like that...i mean the calculations are extremely perfect. But the marketcap can't give perfect precision about liquidity unless it's added (not volume)
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July 27, 2018, 01:49:08 PM
 #54

Am just scared if Whales decide to convert Bitcoin to Fiat. Will Tether keep printing more Tether to circulation?.

jes the marketcap and the social support could indeed be illusionary and faked.

people stil think its trustworthy and reliable however,

most traders dont use coinmarketcap anymore btw.
Shocked Shocked Shocked
Does Coinmartketcap fake Huh. Is it a right information Huh. If yes can you give us a webgite which give us a right information. Thank you so much.
I have used Coinmarketcap at the beginning when the first time I joined this market, I've very liked it and trusted it, so sad to hear it fake informations Sad

Lol he doesn't mean fake like that...i mean the calculations are extremely perfect. But the marketcap can't give perfect precision about liquidity unless it's added (not volume)

lemme give an instance. If I make coin of 10M total supply, if only 1000 of the coin is mined and sold on a market for 100$ that is 1 token 0.1$. If such coin is added on coinmarket it will have a total volume of $1M mean while only 1000 is in circulation.
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July 27, 2018, 01:58:27 PM
 #55

Am just scared if Whales decide to convert Bitcoin to Fiat. Will Tether keep printing more Tether to circulation?.

 CAN WE SAY THE MARKETCAP OF BITCOIN IS FALSE??

Tether print as much money people gave them.

I dont see a reason why any whale would convert their bitcoins to fiat at this point if they could exchange at double price not so long ago.


Yes the marketplace is false because 20% of Bitcoin s is lost so Bitcoins marketcap is 20% smaller.

Really?  Wow. Thanks. My questions been over answered
[/quote

Wow, Why do you think that Bitcoin Market cap is False?  You have no supporting data presented, on the thread, your statement is different? i am confuse... Market is Volatile, anything can happen at any given time, Whales can simply manipulate the crypto market, it has some effects on their investment, they may loss or gain profits? Bitcoin is still stable even with the ups and down of its price value on the market. there is a lot of indicators that affect the market of Crypto.




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July 27, 2018, 02:16:58 PM
 #56

market cap is nt wrong it is false media which create such rumors market cap is growing healthy and we can see more new money coming in
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July 27, 2018, 02:36:31 PM
 #57

Am just scared if Whales decide to convert Bitcoin to Fiat. Will Tether keep printing more Tether to circulation?.

Its true, there are different cryptocurrency market and the highest price will be always at the top, that is the reason why coinmarketcap.com si the most trusted site by every investors.

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July 27, 2018, 02:41:55 PM
 #58

No, I think that the market cap of bitcoin is real. Many exchange are controlling the amount of btc. The market situation is very transparent and you could track the every transactions that are made.
I also think that the market capitalization of the entire cryptocurrency market is growing steadily over time and that has shown the trend of this market. Cryptocurrency is gaining a lot of investor attention so I believe that this development is inevitable in the present.

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August 07, 2018, 11:22:59 AM
 #59

Am just scared if Whales decide to convert Bitcoin to Fiat. Will Tether keep printing more Tether to circulation?.

Its true, there are different cryptocurrency market and the highest price will be always at the top, that is the reason why coinmarketcap.com si the most trusted site by every investors.

No you don't understand what I mean...am not saying its not trusted but the maths is a bubble. I made an example few weeks ago. Just read up previous discussion.
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August 07, 2018, 11:30:54 AM
 #60

No, I think that the market cap of bitcoin is real. Many exchange are controlling the amount of btc. The market situation is very transparent and you could track the every transactions that are made.
I also think that the market capitalization of the entire cryptocurrency market is growing steadily over time and that has shown the trend of this market. Cryptocurrency is gaining a lot of investor attention so I believe that this development is inevitable in the present.

Not only the present even in the future. 😎
I mean this is the future
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