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Author Topic: Tracking total Market Cap of all Cryptocurrencies  (Read 1258 times)
TheTribesman
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November 19, 2014, 01:56:35 PM
 #1

In Jan 2014 http://coinmarketcap.com showed total market cap of all cryptocurrencies as >$8bn. It's now <$6bn. The site shows the total as a snapshot at the top of the page.

Is there a website out there that tracks and graphs this change over time, maybe for the top 50 or 100? I think it might be useful for creating a form of Cryptocurrency price index like the dow or ftse (if it's not already been done).


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November 21, 2014, 12:59:33 PM
 #2

In Jan 2014 http://coinmarketcap.com showed total market cap of all cryptocurrencies as >$8bn. It's now <$6bn. The site shows the total as a snapshot at the top of the page.

Is there a website out there that tracks and graphs this change over time, maybe for the top 50 or 100? I think it might be useful for creating a form of Cryptocurrency price index like the dow or ftse (if it's not already been done).



Yeah definitely, I'm working on that (the graphs of total marketcap over time)

Crypto-currency market cap rankings @ https://coinmarketcap.com
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November 27, 2014, 02:10:36 PM
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90% or even more marketcap of all crypto coins is Bitcoin. So whatever price Bitcoin will have that high will be  total market cap of all cryptocoins.
You should check the one on October 2013 and see the difference towards January 2014.

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TheTribesman
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November 27, 2014, 02:33:01 PM
 #4

90% or even more marketcap of all crypto coins is Bitcoin. So whatever price Bitcoin will have that high will be  total market cap of all cryptocoins.
You should check the one on October 2013 and see the difference towards January 2014.
Very true. Maybe marketcaps just for clones, i.e. everything but BTC, and then match it against BTC marketcap for calculating the index.

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