Post
Topic
Board Bitcoin Discussion
Re: This is getting serious ... Total CryptoCurrency Market Cap to $30 billion !!
by
Alicia Keys
on 21/04/2017, 08:04:27 UTC
This infographic sums up my thoughts on this.

https://ip.bitcointalk.org/?u=http%3A%2F%2Fi64.tinypic.com%2F200rx2t.jpg&t=575&c=pew7Jfsf4PsMgA

See that tiny dot above the words: "bitcoin $19 billion"?

That's bitcoin's market cap in comparison to the global economy which is pictured to the right of that.

 Smiley

market cap is bullcrap bubble number.

i can make an altcoin with 5 trillion coins.
put just 1 coin onto an exchange sell it to myself for $1..

thus my coins are now valued at $1 a coin.
making the market cam $5 trillion.

Be honest.

If it were that easy, everyone would do it.

Which means, its not that simple.

He can't do that because other people will dump before him.   Grin  He wants to buy at 1 usd? He should eat the sell walls first, maybe cost billions usd.