Post
Topic
Board Speculation
Re: BTC is over $9,000,000,000 in market capitalization for the 1st time in months
by
elite3000
on 12/07/2016, 03:36:38 UTC
I'm an economically minded noob.  What does the market cap mean for me and the value of the bitcoin I hold personally?  How is it a good thing?  Will it increase adoption, value, distribution?  Can it answer some of the questions I outlined here in the following thread? https://bitcointalk.org/index.php?topic=1489137.new#new
Im not like you in 100% cjmoles " economically minded noob " (but you made me laugh buddy Cheesy) but i
still dont know too what actually market cap means.
Anyone up to help me understand it?

bitcoins that exists * value of bitcoins

(value can be dollars or shekel or grandpa cookies, w/e)

How is the value calculated if each exchange has his own rate and sometimes there is a big gap between them? Usually Huobi is $20 ahead of btc-e