Market cap is the only thing what we should care about.

[lolgato1]

Hi, I have just realized, that crypto was really overvalued in 2017 and probably we will not see these prices again.

Look for example on Ethereum: https://coincheckup.com/coins/ethereum/predictions - Ethereum ATH price was 1500USD it equals 4% of all M1 money in the world, that is lot of money!

Or people think that Bitcoin can reach 100,000USD - it equals 10% of all M1 money in the world.

Don´t you think that the hype of crypto is over?

[ansi]

Market Cap in crypto isn't so accurate, just letting you know.
Market Cap in cryto doesn't reflect the REAL FIAT money coming in, most people don't know this FACT.
Market Cap can be manipulated by the same cryptos over & over again with the same FIAT money !!! YES that's so true & people still don't know this.
The real Market Cap of crypto is so ambiguous so far even though we're crypto is 9 years old now.
The real Market Cap will come once the real monetary institutions comes in & we know how much Real fiat got in & out, that's the only real market cap.

[lolgato1]

Market Cap in crypto isn't so accurate, just letting you know.
Market Cap in cryto doesn't reflect the REAL FIAT money coming in, most people don't know this FACT.
Market Cap can be manipulated by the same cryptos over & over again with the same FIAT money !!! YES that's so true & people still don't know this.
The real Market Cap of crypto is so ambiguous so far even though we're crypto is 9 years old now.
The real Market Cap will come once the real monetary institutions comes in & we know how much Real fiat got in & out, that's the only real market cap.

Thank you for your clarification. But it will not be such a difference to change the main idea of the thread. That without a lot of money we can´t grow. I mean really lot of money, that we can´t imagine.

[Furious 7]

Everyone has believed that crypto is difficult to match in 2017. I've even read that vitalic says ethereum is difficult to reach prices like 2017.
As for various predictions about the increase in the price of bitcoin I also doubt whether they believe in their predictions...

[esetop01tryba]

Hi, I have just realized, that crypto was really overvalued in 2017 and probably we will not see these prices again.

Look for example on Ethereum: https://coincheckup.com/coins/ethereum/predictions - Ethereum ATH price was 1500USD it equals 4% of all M1 money in the world, that is lot of money!

Or people think that Bitcoin can reach 100,000USD - it equals 10% of all M1 money in the world.

Don´t you think that the hype of crypto is over?

I believe that cryptocurrency has great potential and opportunities for development and trade in all spheres of the world economy. Bitcoin has reached huge heights in 10 years,it is known in every country of the world as well as about the dollar or other traditional money. Technology does not stand still ! They're evolving !

[GREENch]

In 2017, many people did not even delve into the essence of the project before investing in it as almost all projects gave a profit when listing on the exchange.

[iyah adrian]

In 2017, many people did not even delve into the essence of the project before investing in it as almost all projects gave a profit when listing on the exchange.

If we look at 2017 crypto development is certainly very good. However, if we see it now, of course, before investing, we have to see in detail how the project is. So that our investment is not in vain. And usually or most projects cannot maintain price stability. When registering on the exchange, the price immediately dropped dramatically.

[lolgato1]

In 2017, many people did not even delve into the essence of the project before investing in it as almost all projects gave a profit when listing on the exchange.

If we look at 2017 crypto development is certainly very good. However, if we see it now, of course, before investing, we have to see in detail how the project is. So that our investment is not in vain. And usually or most projects cannot maintain price stability. When registering on the exchange, the price immediately dropped dramatically.

I am not talking about the development. Crypto is much better than in the year 2017. I am talking about overvalued price according to market cappitalization.

[dcomomal]

I think that the only thing that we should care about are the working products, because the more products, the near is the mass adoption. And I am tired of projects that want to collect funds with an idea. It does not work anymore.

[frchowe214]

Real data from coinmarket cap is useful. Total supply play's a huge factor on price and market cap puts all that data into one useful statistic. Also the graphs are very useful to determine the moving average

[lolgato1]

I think that the only thing that we should care about are the working products, because the more products, the near is the mass adoption. And I am tired of projects that want to collect funds with an idea. It does not work anymore.

If you are an investor, you mainly care about the possible return. If you are an enthusiast then you care about the idea and use of cryptocurrencies.

[rosezionjohn]

Don´t you think that the hype of crypto is over?

There are still some that hypes crypto. The main difference now is that many do not fall for it easily unlike in 2017. Today, even positive news don't always affect the price.

[Evushko]

If the hype is over, then today we would not have discussed this, and would not compare past times with the current situation!

[desticy]

I agree that the larger the market capitalization, the more money circulates throughout the market, and this is exactly what allows the market to grow. However, it is not so easy to ensure that capitalization grows without stopping, as we can see in the cryptocurrency everything is unstable.

[wxxyrqa]

I agree that the larger the market capitalization, the more money circulates throughout the market, and this is exactly what allows the market to grow. However, it is not so easy to ensure that capitalization grows without stopping, as we can see in the cryptocurrency everything is unstable.

The fact is that for the analysis of the cryptocurrency market you need to take a lot of indicators. First of all, I would like to draw your attention to the fact that today the market has grown by almost 10% over the past few days and the total capitalization of trading is equivalent to the beginning of 2018, which is much higher than it was at the end of 2018. And this despite the low prices.

[bitgolden]

Market cap is just taking average of all the exchange and show to people in order for one not to go from one exchange to another to compare prices.

Though market cap is not 100% accurate because it's possible that not all exchange are listed, also you can't know the total number of holders via market cap since not everyone love to leave their coin/token on exchanges.

[Cloud_miner]

I think we should not look at it from that angle. The capitalization of cryptocurrency does not mean that the whole amount will be added immediately to the market. Therefore, I admit that in the end Bitcoin can cost even more than $ 100,000, it is likely that someday it will even cost more than $ 1 million.

[lolgato1]

Market cap is just taking average of all the exchange and show to people in order for one not to go from one exchange to another to compare prices.

Though market cap is not 100% accurate because it's possible that not all exchange are listed, also you can't know the total number of holders via market cap since not everyone love to leave their coin/token on exchanges.

I do not care about total market cap as you can see.
I care about market cap of big altcoins and Bitcoin. Of course that some low market cap coins can make 100x thanks to low market cap.

[kindbtc]

I will not support your argument as i have seen such posts also in previous down trends and dips but personally im sure crypto has a long way to go and it will reach new high values for sure in next big uptrend.

[cytpoway121]

Yes crypto currency was over hyped in 2017 which worked
But I don’t care about the market cap

What matters as a trader is your consistent profit taking strategy