Quote from: boomboom on November 07, 2018, 04:14:07 AM

Quote from: tarmo888 on November 07, 2018, 03:44:30 AM

https://www.collinsdictionary.com/dictionary/english/out-of-context

You quoted me by cutting out everything that explained why the rankings are meaningless because you wanted to make me look stupid. Let me explain you again: if the prices of almost all cryptocurrencies dropped over 90%, but also a lot of new cryptocurrencies were created during the bull-run then did Byteball dropped in rankings because it lost a lot more in price or because a lot new cryptocurrencies were created. That's why rankings are meaningless, because rank 51 and 52 itself doesn't tell you anything besides the order of marketcap size.

Oh come on bro, editing reply posts to make them more readable is standard practice on forums, don't be a dick

Your logic is flawed, I can find numerous examples of coins that have stayed in the top50 for years now, despite all the new coins, BUT, during this same period byteball dropped approx 150 ranking places, and you say that is meaningless ... XMR, NEM, LTC, Dash are all still top20, most next tier coins down to rank 50 are relatively stable in rankings too. Yes, prices have tanked for everything, but CMC rankings are quite stable especially the top50, despite all the new coins.

CMC ranking is an important metric, especially over time.

Your logic is ridiculous if it doesn't recognize a ranking drop of approx 150 places is very meaningful, some new projects struggle for recognition which explains their low rankings, BUT byteball was a top50 coin (not exactly sure what the highest rank BB achieved was), it was highly visible with lots of support, and then BB LOST it, people who liked Tony as a dev, and the tech itself have stopped supporting. That is clearly shown by the ranking drop of 150 places on CMC, and it's meaningful, despite all the obvious flaws with young crypto markets.

Trimming quotes is fine, if you don't take them out of context.

Of course there are coins that stayed in TOP50 for years, these are TOP20 coins you are talking about. The ranking there is less to change because marketcap is in billions. The further down the ranking list, the more meaningless the ranking becomes. There is huge difference if the coin is on 7th place or 8th place, there is little difference, if the coin is on 157th or 207th. TOP10 is stable now, it used to be that TOP5 was stable, even so that many index funds won't touch anything out of TOP5. TOP50 is not stable, many new coins shot up in there during bull-run.