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"Although I'd like to point out that bitcoin is now a rather small fraction of the whole spectrum of crypto economy." What? It's over 50% of total crypto marke
by guiomie 8y ago
"Although I'd like to point out that bitcoin is now a rather small fraction of the whole spectrum of crypto economy."
What? It's over 50% of total crypto market cap. And a huge chunk of the altcoins are barely liquid.
- bdcravens 8y agoA bit pedantic, but Bitcoin is a hair under 50%, unless you count Bitcoin Cash with it (about 4%)
- guiomie 8y agoI was looking for a chart of that actually, what is your source? My point was also, a big chunk of alts do not have a super liquid market, makes it hard to count them seriously in all aggregate market cap.
- bdcravens 8y agohttps://coinmarketcap.com/charts/#dominance-percentage https://coinmarketcap.com/charts/#dominance-percentage I do of course agree with your overall conclusion - Bitcoin is still the most dominant, it just doesn't have the majority of market cap (since late 2017)