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not sure I understand. cryptocurrencies in aggregate still have a market cap in the billions, which points to some demand.
by pushtheenvelope 8y ago
not sure I understand. cryptocurrencies in aggregate still have a market cap in the billions, which points to some demand.
- bduerst 8y agoMarket cap is misleading as a signal for demand, since it's based only on the last few transaction prices. That doesn't mean the whole market can be traded at that price, especially for something as volatile as Bitcoin.