I wonder where the altcoin market increase went.
Doesn't look like dash, ethereum nor any alt coin prices shifted.
Is it sustaining a massive sell off of alt coins?
Not for all the scammers sitting on / selling their pre minted crap.
Exacta.
Could be a good time to short dash, eth, whatever alts are selling at high volume.
yeah it went in dash and ethereum, and a bit over many other alt, just look at their market rate, it's way higher now, at least 30% cap of bitcoin now
market cap is a meaningless number
i can create an alt tomorrow with 5trill coins.. get just 1 coin on an exchange and sell it to myself for $1.. and instantly my alt is market capped at $5trillion...
there are NOT $25billion fiat sitting around in bank accounts ear-marked to back the entire cryptocoin market.
anyone can make the market cap spiral up to trillions just by using small numbers.
this is true, but the bitcoin real marketcap, based on how many coins where actually traded, and not on simple math, is still high enough, there is a way to calculate this number maybe?