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That's a huge reason. Look into the declining total % of bitcoin and increasing % of all the other altcoins.
by ktta 9y ago
That's a huge reason. Look into the declining total % of bitcoin and increasing % of all the other altcoins.
- cdrark 9y agoAnd look at how much of that is occurring on Poloniex. And then try and find out who runs or owns Poloniex, or how they are licensed, or how they store customer funds.
- Jach 9y agoMarket cap is kind of a BS indicator though. If I release a new altcoin and "pre-mine" a billion coins, and start selling small amounts of these for a penny, the market cap of my new coin is around $10m.
- revmoo 9y agoThat isn't what market cap means...