Post
Topic
Board Bitcoin Discussion
Re: BitPico throwing down against Roger Ver
by
Wind_FURY
on 03/07/2018, 05:37:04 UTC
BTC doesn't need that kind of publicity because its already bigger than every single other coin put together.

Hmm. CMC reports Bitcoin dominance at 42.8%.

Must be 'new math'.

"Bigger" would mean different aspects, not only the market capitalization in my opinion. Compare Bitcoin's network effects, security, stability, and usefulness as a decentralized, censorship resistant "hard money"

All those aspects are factored into the market cap. Econ 101.

Then I believe that using market capitalization as the "base of dominance" is flawed because to use Ethereum as an example, it is mainly used for issuing ICO shitcoins for projects that have no real usage in the real world. The other altcoins are more of the same.