Quote from: Beerwizzard on November 12, 2017, 05:15:47 AM

On the other side I admire the resilience of Ethereum. Both times when Bitcoin goes up and down ETH remains somewhere closely to 300$.

Quote from: Don Pedro Dinero on November 12, 2017, 04:37:23 AM

Quote from: knircky on November 12, 2017, 04:34:36 AM

If the price of an asset goes up 20b does not mean that 20b moved into it. U can create that price with a fe million if u wanted

Could you explain this, please?

It seems like he wanted to say that you dont need to spend XX billions to increase BCH market cap by the same amount. For example someone is buying a coin for 1$ over the last deal and it becomes a new actual price so with the total abount of 16 mln coins the market cap increases by 16$mln

Is crypto market cap calculated in a different way than stock market cap?

In the stock market, a company with 1 million shares worth $1 has a market cap of $1 million. To raise market cap to $2 million its not enough to buy 10.000 shares for $2. 1 million shares would need to be bought for that.

Quote from: cpfreeplz on November 12, 2017, 05:21:58 AM

Hahaha oh my god. The MARKET CAP is up 20B.

If I make a new coin, set the limit to 1 million, open two accounts and sell for $1 to myself BOOM. $1 million market cap.

There are NOT an extra 20 billion put into BCH and this is an ovious attempt at manipulation just like every other time in the past. It's to get newbies hypes thinking they should invest in it because of the wonderful gains. They cannot and will not last.

This seems to me a reasonable explanation.

(BTW: I edited the subject of this post adding "seem to have been")