Declining Bitcoin market cap dominance

[username18333]

. . .

Even if we gave every man 3 acres and a cow (pure Distributism), it wouldn't be long before rich and poor emerge. The currency in use is irrelevant to human nature.

. . .

Great Empire Coin™ (GEC™) is the official currency of Great Empire of Earth, is divisible into cents and mills, and has denominations of mega-, terra-, and exacoins.  Earth (i.e., Great Empire of Earth), being an anarchist despotism (Earth law is licensed to the general public for its [non-mandatory] enforcement thereby), has Writcoin clients serve as a heterarchical monetary authority: anyone may “mint” GE coins; however, the coins have to be “minted” through official channels (e.g., Writcoin) to be guaranteed official recognition.

. . .

(Red colorization added.)

Your statement is not entirely accurate.

[BillyBobZorton]

Is username for real? You write like a bot, plus it doesnt make sense, Eamorr is completely right. Distribute everything equally, then after a while those that are more genetically gifted/lucky will be above the rest and create new monopolies.
Might as well have our beloved friend satoshi as the rothchild (in terms of wealth) of bitcoin.

[neurotypical]

Ripple should not be on the list, it is not a decentralized "Alternate cryptocurrency".

Ripple Labs marketing folks certainly would not want to be ranked alongside geek coinz, ponzi coinzs, hippie coinz, black market coinz and terrorist coinz.

It would be wrong to say Ripple is centralised. It's not. It's distributed.

If Ripple Labs marketing folks had any knowledge they would know starting by the name they already lost against something as cool sounding as Bitcoin. Enjoy bag holding.

[Dread Pirate Roberts]

i think thats not alwayas accurate but close with real chart .

[Eamorr]

Ripple should not be on the list, it is not a decentralized "Alternate cryptocurrency".

Ripple Labs marketing folks certainly would not want to be ranked alongside geek coinz, ponzi coinzs, hippie coinz, black market coinz and terrorist coinz.

It would be wrong to say Ripple is centralised. It's not. It's distributed.

If Ripple Labs marketing folks had any knowledge they would know starting by the name they already lost against something as cool sounding as Bitcoin. Enjoy bag holding.

Have you ever marketed anything in your life?

You do know that the "Bitcoin" brand is toxic, right?

You should have a look at the LinkedIn profiles of the non-technical folks at Ripple Labs.

Oh wait, you won't bother, because YOU know better.

Best of luck with everything.

[AtheistAKASaneBrain]

Ripple should not be on the list, it is not a decentralized "Alternate cryptocurrency".

Ripple Labs marketing folks certainly would not want to be ranked alongside geek coinz, ponzi coinzs, hippie coinz, black market coinz and terrorist coinz.

It would be wrong to say Ripple is centralised. It's not. It's distributed.

If Ripple Labs marketing folks had any knowledge they would know starting by the name they already lost against something as cool sounding as Bitcoin. Enjoy bag holding.

Have you ever marketed anything in your life?

You do know that the "Bitcoin" brand is toxic, right?

You should have a look at the LinkedIn profiles of the non-technical folks at Ripple Labs.

Oh wait, you won't bother, because YOU know better.

Best of luck with everything.

Oh yeah, its so toxic that Microsoft and Paypal just partened with Bitcoin related businesses. Dude we are on the early days and Bitcoin is already lightyears from what Ripple will ever try to amount. Ripple will always be a boring knockout, Bitcoin is the real shit, deal with it.

[Eamorr]

Ripple should not be on the list, it is not a decentralized "Alternate cryptocurrency".

Ripple Labs marketing folks certainly would not want to be ranked alongside geek coinz, ponzi coinzs, hippie coinz, black market coinz and terrorist coinz.

It would be wrong to say Ripple is centralised. It's not. It's distributed.

If Ripple Labs marketing folks had any knowledge they would know starting by the name they already lost against something as cool sounding as Bitcoin. Enjoy bag holding.

Have you ever marketed anything in your life?

You do know that the "Bitcoin" brand is toxic, right?

You should have a look at the LinkedIn profiles of the non-technical folks at Ripple Labs.

Oh wait, you won't bother, because YOU know better.

Best of luck with everything.

Oh yeah, its so toxic that Microsoft and Paypal just partened with Bitcoin related businesses. Dude we are on the early days and Bitcoin is already lightyears from what Ripple will ever try to amount. Ripple will always be a boring knockout, Bitcoin is the real shit, deal with it.

Why would large companies only look at Bitcoin and exclude newer developments such as Ripple? (not to mention the NXT community and Stellar)

Good old Bitcoin will be around for a bit longer, but don't think that Bitcoin is the silver bullet for solving the world's currency problems. It isn't. It's debatable whether the Bitcoin is up to the task at all. Instead of arguing how best to fix Bitcoin, others have already done it and are demonstrating the capabilities to the big fish.

[Nxtblg]

Have you ever marketed anything in your life?

You do know that the "Bitcoin" brand is toxic, right?

You should have a look at the LinkedIn profiles of the non-technical folks at Ripple Labs.

Oh wait, you won't bother, because YOU know better.

Best of luck with everything.

Oh yeah, its so toxic that Microsoft and Paypal just partened with Bitcoin related businesses. Dude we are on the early days and Bitcoin is already lightyears from what Ripple will ever try to amount. Ripple will always be a boring knockout, Bitcoin is the real shit, deal with it.

That can be read in two ways. On the one hand, they may have gotten the idea that Bitcoin will be huge. On the other hand, they could have decided just to use Bitcoin as a payment processor in the hopes of getting that whale money for their products. If the latter, all they'll do is provide more selling pressure.

I think Eamorr is making the point that the "Bitcoin brand" isn't that enticing for ordinary folks to buy Bitcoin, for the reason he stated.

At least for now, anyways."The public's memory is short."

[Febo]

As of today, Bitcoin's market cap is only x6 its nearest competitor.

http://coinmarketcap.com/

As the days and weeks go by, I see us going x5, x4, x3...

Should we start getting worried at x2? What then?

There are coins, that you can barely say are coins, that were issued and 90%+ are held by few and those never hit any market. So those few coins that are on market are priced quite high and then when you multiply with whole coin number you get huge capitalization.

Thing is, there should be separate list of crypto coins. Mine able like Bitcoin should be on one list, then can be several other lists.

[oblivi]

Ripple should not be on the list, it is not a decentralized "Alternate cryptocurrency".

Ripple Labs marketing folks certainly would not want to be ranked alongside geek coinz, ponzi coinzs, hippie coinz, black market coinz and terrorist coinz.

It would be wrong to say Ripple is centralised. It's not. It's distributed.

If Ripple Labs marketing folks had any knowledge they would know starting by the name they already lost against something as cool sounding as Bitcoin. Enjoy bag holding.

Have you ever marketed anything in your life?

You do know that the "Bitcoin" brand is toxic, right?

You should have a look at the LinkedIn profiles of the non-technical folks at Ripple Labs.

Oh wait, you won't bother, because YOU know better.

Best of luck with everything.

Oh yeah, its so toxic that Microsoft and Paypal just partened with Bitcoin related businesses. Dude we are on the early days and Bitcoin is already lightyears from what Ripple will ever try to amount. Ripple will always be a boring knockout, Bitcoin is the real shit, deal with it.

Why would large companies only look at Bitcoin and exclude newer developments such as Ripple? (not to mention the NXT community and Stellar)

Good old Bitcoin will be around for a bit longer, but don't think that Bitcoin is the silver bullet for solving the world's currency problems. It isn't. It's debatable whether the Bitcoin is up to the task at all. Instead of arguing how best to fix Bitcoin, others have already done it and are demonstrating the capabilities to the big fish.

When I see Bill Gates big upping Ripple i'll buy some:

https://www.youtube.com/watch?v=e6KRp91YAw8

[Eamorr]

Ripple should not be on the list, it is not a decentralized "Alternate cryptocurrency".

Ripple Labs marketing folks certainly would not want to be ranked alongside geek coinz, ponzi coinzs, hippie coinz, black market coinz and terrorist coinz.

It would be wrong to say Ripple is centralised. It's not. It's distributed.

If Ripple Labs marketing folks had any knowledge they would know starting by the name they already lost against something as cool sounding as Bitcoin. Enjoy bag holding.

Have you ever marketed anything in your life?

You do know that the "Bitcoin" brand is toxic, right?

You should have a look at the LinkedIn profiles of the non-technical folks at Ripple Labs.

Oh wait, you won't bother, because YOU know better.

Best of luck with everything.

Oh yeah, its so toxic that Microsoft and Paypal just partened with Bitcoin related businesses. Dude we are on the early days and Bitcoin is already lightyears from what Ripple will ever try to amount. Ripple will always be a boring knockout, Bitcoin is the real shit, deal with it.

Why would large companies only look at Bitcoin and exclude newer developments such as Ripple? (not to mention the NXT community and Stellar)

Good old Bitcoin will be around for a bit longer, but don't think that Bitcoin is the silver bullet for solving the world's currency problems. It isn't. It's debatable whether the Bitcoin is up to the task at all. Instead of arguing how best to fix Bitcoin, others have already done it and are demonstrating the capabilities to the big fish.

When I see Bill Gates big upping Ripple i'll buy some:

https://www.youtube.com/watch?v=e6KRp91YAw8

I don't think Bill Gates is the Bitcoin zealot you think he is. He's much smarter than that.

Have a look at the articles quoted here: https://xrptalk.org/topic/5226-i-think-bill-gates-just-outed-himself-as-a-ripple-supporter/

Finally:

(real) Market cap ratio is nearly 8:1 right now...

[Eamorr]

As of today, Bitcoin's market cap is only x6 its nearest competitor.

http://coinmarketcap.com/

As the days and weeks go by, I see us going x5, x4, x3...

Should we start getting worried at x2? What then?

There are coins, that you can barely say are coins, that were issued and 90%+ are held by few and those never hit any market. So those few coins that are on market are priced quite high and then when you multiply with whole coin number you get huge capitalization.

Thing is, there should be separate list of crypto coins. Mine able like Bitcoin should be on one list, then can be several other lists.

coinmarketcap.com takes into account these reserves. The theoretical market cap of Ripple (for example, and has been pointed out above) is much higher.

Regarding your stubborn interest in mineable-only coinz: https://www.coingecko.com (there you can exclude un-minable coinz to your heart's content)

[Febo]

As of today, Bitcoin's market cap is only x6 its nearest competitor.

http://coinmarketcap.com/

As the days and weeks go by, I see us going x5, x4, x3...

Should we start getting worried at x2? What then?

There are coins, that you can barely say are coins, that were issued and 90%+ are held by few and those never hit any market. So those few coins that are on market are priced quite high and then when you multiply with whole coin number you get huge capitalization.

Thing is, there should be separate list of crypto coins. Mine able like Bitcoin should be on one list, then can be several other lists.

coinmarketcap.com takes into account these reserves. The theoretical market cap of Ripple (for example, and has been pointed out above) is much higher.

Regarding your stubborn interest in mineable-only coinz: https://www.coingecko.com (there you can exclude un-minable coinz to your heart's content)

I can issue 1000 coins i name Apple. and i keep 990. 10 i slowly place on sale. 1 a month. This Apple will get huge price since few will just be hungry and want it so bad. Capitalization will be that apple sold *1000

[Eamorr]

As of today, Bitcoin's market cap is only x6 its nearest competitor.

http://coinmarketcap.com/

As the days and weeks go by, I see us going x5, x4, x3...

Should we start getting worried at x2? What then?

There are coins, that you can barely say are coins, that were issued and 90%+ are held by few and those never hit any market. So those few coins that are on market are priced quite high and then when you multiply with whole coin number you get huge capitalization.

Thing is, there should be separate list of crypto coins. Mine able like Bitcoin should be on one list, then can be several other lists.

coinmarketcap.com takes into account these reserves. The theoretical market cap of Ripple (for example, and has been pointed out above) is much higher.

Regarding your stubborn interest in mineable-only coinz: https://www.coingecko.com (there you can exclude un-minable coinz to your heart's content)

I can issue 1000 coins i name Apple. and i keep 990. 10 i slowly place on sale. 1 a month. This Apple will get huge price since few will just be hungry and want it so bad. Capitalization will be that apple sold *1000

Good for you.

[zebedee]

As of today, Bitcoin's market cap is only x6 its nearest competitor.

http://coinmarketcap.com/

As the days and weeks go by, I see us going x5, x4, x3...

Should we start getting worried at x2? What then?

Lulz, yeah get a brain transplant.  Meanwhile I'll happily take all your value.

[zebedee]

As of today, Bitcoin's market cap is only x6 its nearest competitor.

http://coinmarketcap.com/

As the days and weeks go by, I see us going x5, x4, x3...

Should we start getting worried at x2? What then?

No it is not, it Is already only x2..
https://www.ripplecharts.com/#/

Coinmarketcap shows you  <14 million BTC are in circulation. If an extra 26 Million BTC existed right now at protocol level-- in the hands of corporations, private entities, HNWI's etc it would probably make sense to factor those coins into your calculation of market cap unless everyone else is pretending they don't exist as well.

Ripples (XRP) exist in large quantities outside of the bounds of "available supply" given by coinmarketcap. I'd argue even factoring in lock-up agreements and such, 'non public' coins are still very much available supply, Ultimately At your intepretation of x2, ripple will have already have fully surpassed btc

Lulz, the essence of a Ripple bagholder.  But his bag probably isn't half as heavy as yours would be should you take it.

[username18333]

Is username for real? You write like a bot, plus it doesnt make sense, Eamorr is completely right. Distribute everything equally, then after a while those that are more genetically gifted/lucky will be above the rest and create new monopolies.
Might as well have our beloved friend satoshi as the rothchild (in terms of wealth) of bitcoin.

Your deficiencies do not dictate the general intelligibility of a statement.

[neurotypical]

Is username for real? You write like a bot, plus it doesnt make sense, Eamorr is completely right. Distribute everything equally, then after a while those that are more genetically gifted/lucky will be above the rest and create new monopolies.
Might as well have our beloved friend satoshi as the rothchild (in terms of wealth) of bitcoin.

Your deficiencies do not dictate the general intelligibility of a statement.

The deficiencies of Bitcoin are not strong enough for any other alt(shit)coin to replace it anytime soon(ever).

[Eamorr]

Is username for real? You write like a bot, plus it doesnt make sense, Eamorr is completely right. Distribute everything equally, then after a while those that are more genetically gifted/lucky will be above the rest and create new monopolies.
Might as well have our beloved friend satoshi as the rothchild (in terms of wealth) of bitcoin.

Your deficiencies do not dictate the general intelligibility of a statement.

The deficiencies of Bitcoin are not strong enough for any other alt(shit)coin to replace it anytime soon(ever).

At least we have you now admitting that there are some deficiencies.

We're making progress. We'll eat the elephant eventually - one bite at a time.