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Author Topic: CAN WE SAY THE MARKETCAP OF BITCOIN IS FALSE??  (Read 285 times)
Harlot
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August 07, 2018, 11:42:54 AM
 #61

We can say that. We cannot rely on the market cap we see online as they also based it on different cryptocurrency exchanges not to mention that some of the  also provide false data such as volume and price to mislead the public. If we only have a regulated and well monitored market that is when we can see rhat the prices are true to its real value. If you look at BTC's market cap right now you will see different values that vary from site to site.

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August 07, 2018, 12:34:56 PM
 #62

Probably, yes, but we should remember that the same situation with traditional stock markets. The thing is that we need some metrics to compare currencies, consider it as market cap not in dollars but in points.
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August 07, 2018, 05:59:21 PM
 #63

Am just scared if Whales decide to convert Bitcoin to Fiat. Will Tether keep printing more Tether to circulation?.
I feel that we as a regular people are so we can manipulate it we are thinking that those things are really valuable and significant but they are just creating and imagining this value so this is not real or that you can feel and touch.

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August 07, 2018, 08:04:21 PM
 #64

If we look at the market ,I think that the marketcap of bitcoin is through ansd so also to other cryptos in the coin market cap, the purpose of the coin market cap is to have guides and refetrence on what is going in the market,the value of the coins is always variable time after time.
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August 07, 2018, 11:31:34 PM
 #65

Am just scared if Whales decide to convert Bitcoin to Fiat. Will Tether keep printing more Tether to circulation?.
It is very unlikely that the whales want to be out of the market, they are the ones that stand the most to lose if they do that, whales like most of us as well do not want to cash out, what they want is for the rest of the world to accept bitcoin so we can use our bitcoin directly without converting it to fiat first, so do not worry about it, besides if tether is found to be some form of scam, that is not related to bitcoin directly and at most the price will go down for some time but it will recover like always.
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August 16, 2018, 07:59:02 PM
 #66

On my opinion, 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. Sounds good, right?
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August 16, 2018, 10:43:03 PM
 #67

Am just scared if Whales decide to convert Bitcoin to Fiat. Will Tether keep printing more Tether to circulation?.
If whales do convert bitcoin to fiat, there's nothing to be afraid of. Irrelevant to what you're talking about.

And yes, bitfinex will keep printing more tether, because they are shady as fuck.

Lol...i think them fuckers got sued.
They somehow managed to get their audit a big success and were able to prove that they have more than enough funds to back tether.

And then again, I hear they printed 50 Million USDT couple of days ago. I don't trust those stupid cunts no matter what.

If they were indeed sued, did they settle or go for the trial?


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August 31, 2018, 12:44:55 AM
 #68

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.
precisely coinmarketcap is fake. the data is always different from other exchange sites. I actually trust the market exchanger website, where I directly sell or buy coins there. coinmarketcap is just an illusionary data.

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August 31, 2018, 01:46:22 AM
 #69

We can say that. We cannot rely on the market cap we see online as they also based it on different cryptocurrency exchanges not to mention that some of the  also provide false data such as volume and price to mislead the public. If we only have a regulated and well monitored market that is when we can see rhat the prices are true to its real value. If you look at BTC's market cap right now you will see different values that vary from site to site.
of course because each site has its own analysis of the total marketcap that exists, they don't manipulate it and that is a real picture of the total marketcap that exists, the difference in each site is also not much different right, it proves that total marketcap doesn't false

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August 31, 2018, 01:58:23 AM
 #70

that's an idea from a pope who is not good, if btc wants to be converted into fiat, so for what is btc so far created, isn't the main objective of btc made to replace fiat money, is that a market strategy? or just an issue that makes your eyes hurt when reading it, don't let this news change your position and make you not think long enough to release BTTC or you will regret it

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