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My comment is intended to speak to cryptocurrency as a whole (the OP topic) rather than Bitcoin specifically relative to other cryptocurrencies. I welcome link
by jessriedel 8y ago
My comment is intended to speak to cryptocurrency as a whole (the OP topic) rather than Bitcoin specifically relative to other cryptocurrencies. I welcome links to charts that show, e.g., total crypto market cap on a log scale.
- CyberDildonics 8y ago> My comment is intended to speak to cryptocurrency as a whole (the OP topic) rather than Bitcoin specifically You said bitcoin twice and linked to btc's price over time, I'm not sure why anyone would take that to mean crypto-currencies in general. This seems like a textbook example of moving goal posts.
- jessriedel 8y agoThis isn't a competition. I intended my comment to make one point, you interpreted it as another.
- CyberDildonics 8y agoI interpreted you talking about bitcoin and linking to bitcoin's price graph as referring to bitcoin.
- nosuchthing 8y agoMarket cap is meaningless due to spot price and order book spoofing on unregulated exchanges. Without 3rd party audits, all the cryptocurrency exchanges can be assumed to be operating fractional reserves and wash trading. Notice how once Chinese exchanges were forced to implement a fee on trades, their entire trading volume nearly disappeared. See the integrity report from the New York Attorney Generals office: https://ag.ny.gov/sites/default/files/vmii_report.pdf https://ag.ny.gov/sites/default/files/vmii_report.pdf