Quote from: mrcashking on March 12, 2016, 04:43:16 PM

Quote from: jaysabi on March 12, 2016, 03:42:48 PM

It's getting pretty hard for anyone to make the case that Ethereum isn't a giant bubble. What makes this coin worth a billion dollars?

The coin isn't worth a billion dollar on the first place.It's the market capital and that too considering the highest price possible.If someone dumps only 1% of the supply then the market capital will drop by 50000% or even more and wouldn't be more than a million dollars.There isn't that amount of money in it.No Fluid.

It's pretty obvious that I'm talking about market capitalization, and that market capitalization is what matters. And a coin cannot drop in value by 50000%. Once it drops 100%, it's worth zero.