Hello
so i am aware of the hard fork that generated BTC cash and the hard fork that will generate BTC gold, but what confuses me is the prices and market caps that these coins gains so fast !!
i was here when BTC cash is forked, in the first hours it reached 10B market cap !!
does that mean that the whole cryptocurrency market increased 10B ??
is it like 10B $ just transferred to the crypto world from fiat ??
marketcap is just calculated based on the highest demand then they do x the number of supply, is not a good value to see the real capitalization of a coin, because not all the coins in circulation are being traded on exchange, just a small portion