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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 Sure, if you're calculating market share us
by EpicEng 8y ago
>Although I'd like to point out that bitcoin is now a rather small fraction of the whole spectrum of crypto economy
Sure, if you're calculating market share using the metric "how many crypto coins exist?", which makes no sense.
- garmaine 8y agoNo, just by the metric of market caps of fairly liquid coins (btc, bch, eth, sia, etc.). Bitcoin is the minority coin now.
- xwvvvvwx 8y agoBitcoin has always been the largest coin, and in fact has increased it's dominance by ~20% this year. Scroll to the botttom for the chart: https://coinmarketcap.com/charts/ https://coinmarketcap.com/charts/
- EpicEng 8y agoBTC is, by a _vast_ margin, the largest liquid coin, representing a hair under 50% of the market. So... what are you talking about?
- garmaine 8y agoUnder 50% is the definition of minority. For example, California is now minority-white, in that “white” is the reported ethnicity of less than 50% of the population, despite being still the largest sub-population.
- EpicEng 8y agoYeah, well there's no other coin out there which even approaches BTC's share, so calling it a "minority coin" is a bit disingenuous. You make it sounds like there are bigger players out there, which there aren't, and the entire point of your initial comment was to downplay the importance of BTC. >Although I'd like to point out that bitcoin is now a rather small fraction of the whole spectrum of crypto economy So really, a "rather small fraction"? c'mon.