Quote from: Mrpumperitis on February 18, 2018, 03:27:24 AM

Quote from: tekmobile on February 17, 2018, 06:02:56 PM

Quote from: Mrpumperitis on February 17, 2018, 04:37:54 AM

^lols...try it... Cheesy

imo...I think we could see alot of red around here...40%-60% drop is possible.

The numbers are already calculated on CMC just need to work out the percentages

BTC Market Cap is at 36$ Daily Volume is at 38%
ETH Market Cap is at 18% Daily Volume is at 11%
XRP Market Cap is at 9% Daily Volume is at 5%
BCH Market Cap is at 5% Daily Volume is at 3%
LTC Market Cap is at 2.5% Daily Volume is at 4.3%

Using these numbers

BTC is running at 105% of its Market Cap
ETH is running at 61% of its Market Cap
XRP is running at 55.5% of its Market Cap
BCH is running at 60% of its Market Cap
LTC is running at 172% of its Market Cap

Now as a example I will use U.Cash
This has a market cap of $732,848,366 putting it at #37 but the amount being transacted is just $852,434
The Market Cap is 1.4% but trading is only 0.004%
This means its running at 0.28% of its Market Cap

This is why market cap is a useless metric

Good work m8..another alternative analysis is always appreciated.

I also look at the cost to create the coin (mining hardware,elec etc)
Then i think the miners at some point have to mine at a loss,near cost price or make small gains..not every coin can be mined at high profits forever.
(unless the coins are hodled for yrs)

I think currently its around $2000 to mine an old btc...so even it goes to $3k (which im sure it will) the miners still are doing well.

Don't know how much it is I don't mine any SHA256 coins all my hardware is doing currently is Equihash (ZCL) on MiningPoolHub that is auto traded to Bitcoin although when the price of BCH gets down quite a bit and I feel a price pump is due I do sometimes set AutoExchange to BCH and then go back to BTC and sweep the BCH over for auto exchange