So many colors, lines and so much action seems to be "happening" within the chart that it causes me to get feelings of dizzenings.. In other words, I could well faint if I do not take precautions. #justsaying. #gottahaveshades
and I think bitcoins current valuation should be closer to 2.5 to 10 trillion than i think the 1.75 reported atm plenty of room for growth
I agree with the overall points of your post, ToxicMoxic - except, I am not sure about from where you got any figure showing BTC as having a $1.75 trillion market cap. Sure, the overall "crypto" marketcap is around that $1.75 trillion mark, but bitcoin's portion of that is ONLY about $0.75 trillion.
I do understand some of the arguments regarding capital searching for a place to go, and so I also appreciate that there is going to be some movements of value in and out of bitcoin that does not necessarily leave "crypto".. yet unless we really try to figure out the various market cap shenanigans that are being played by various shitcoins, there may well be some swimming aspects when describing overall "crypto" value rather than attempting to stay more focused on bitcoin... though there may well be some validity to some of the value moving in and out of bitcoin and into some of those other coins as being valid.. especially sometimes those moves in and out will give some ideas regarding capital looking for a place to go (as you suggested there to be some representation of that concept within the overall "crypto" space that might not ONLY be what we can see through bitcoin's market cap by itself).