Post
Topic
Board Bitcoin Discussion
Re: How to value bitcoin bitmap ordinals and what do you think about them?
by
Bulista
on 27/07/2023, 07:51:15 UTC
If btc has 48% dominance all other coins have 52%. Are you that retarded?

coinmarketcap stats are USELESS

i can create a shitcoin tomorrow with 1trillion coins.. sell just 0.01 coin for $1 and yep i can create a coinmarket cap valuation of $100 trillion. making a shit coin 99% of all crypto markets and bitcoin under 1%

yep its cheap to mess with coinmarket cap stats.. they are meaningless

what you should be looking at is what are the majority of the big services accepting and the volume of their trades. (though that can be manipulated too, its better than the measure you spout)

True is not perfect but they just count the ones that are actively trading, now just any coin you create and make a swap of $1 on uniswap, so it’s not entirely that bad.

The reference to the 52% was just a reply to doomad when he was implying that ICO coins had zero value, I just replied that 52% of the market are those ICO coins and they have value, most of them in that 52% bucket were ICOs. Too much discussion about this 52% when there is nothing to discuss about it, would be much more productive of the discussion continues about bitmaps