Quote from: jonald_fyookball on March 25, 2017, 04:11:37 PM

Quote from: odolvlobo on March 25, 2017, 04:04:52 PM

It depends on whether or not you are a speculator. If you are not a speculator, then it really doesn't matter. If you are a speculator, then you really don't matter. Angry

I'm a relatively small Bitcoin investor but I also actually pay my employees in Bitcoin. It saves me thousands of dollars a year vs Paypal. The recent network congestion was a firsthand exposure of the dangers of failing utility as transactions started getting stuck and fees became dangerously uncompetitive.

Hence it really is using utility for employers like you who found a haven in bitcoin for avoiding those fees imposed by Paypal and the likes. Until we can come up with a solid solution as to how we're going to fix this problem, that is the time we can, at the least try to chill out.

Quote from: franky1 on March 26, 2017, 02:34:33 AM

Quote from: gkv9 on March 25, 2017, 09:10:52 PM

Is market cap not the Current value of bitcoins in circulation X Current price of bitcoins???
Is it just "Volume" that you are saying??? Because if these numbers are baseless, then what is the base that should be used to calculate the actual worth of Bitcoins' cap???

the answer is simple there is no actual "worth" of bitcoins cap...

simply you dont base bitcoins infrastructure and economy on the market cap.
i can make an alt tomorrow with 5trill coins. put just 1 coin on an exchange and sell it to myself for $1.. and suddenly my alt has a $5trillion market cap, all for the cost to myself of 1cent(1% exchange fee of the $1 trade)

you base bitcoins "value" on its UTILITY
but that involves not using stupid todler level maths. but actually look at the bigger things like monetary value of combined asics. the real audited worth of companies actively in bitcoin and other things.
but thats too complex for some people to understand/measure

I agree. Bitcoin's value is not measured by the dollars / coin, it's actually more than that. What keeps it afloat is the millions of dollars companies spent to mine these coins in the first place.