THE MARKET CAP OF CRYPTO IS A LIE ? MARKET CAPITALIZATION ?

in #bitcoin6 years ago

Today I want to explain why the total market capitalization, or "market cap" of a cryptocurrency, can be pretty deceiving. I've heard people say things like, "50 billion dollars just left the bitcoin economy," just because the market cap fell by that amount, and that kind of logic is simply wrong.

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The market cap of a coin DOESN'T tell you about how much money is entering or leaving the ecosystem, and in this essay, I'll explain why.

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At the time of this recording, the price is about $14,000 for one coin, and the total supply is approaching 17 million coins. Multiply those two numbers to get $384 billion dollars, which is the total market cap. But then, it's not so simple to tell what to do with that number, and here's why. You simply can't tell how much of the supply is available for trading, how much is in long-term storage, and how much is simply lost. For example, nearly all the coins mined in the first year of bitcoin's existence, back in 2009, are still in their original addresses.

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We can see that on the blockchain. It's generally believed that many of these coins are owned by Satoshi Nakamoto, the anonymous inventor of bitcoin. But there's no way to tell if he will someday use them, or the private keys may even be lost forever! If they are lost, then they really aren't a part of the supply, so maybe the official market cap shouldn't include them, but it's impossible to know for sure.

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Also, when the market cap moves, it's hard to tell what that really means. For example, imagine a crypto that has 100 coins, and I own all of them. What's the market cap? Well it doesn't really have one, because there is no market price. But then I sell you a coin for $5. Now the market cap is $5 times 100 coins, for a $500 market cap. But if you turn around and sell that coin for $2 to your friend, that reduces the market cap down to $200, even though only $2 changed hands!

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The 99 coins that are not available for trade are really what's impacting the market cap here. And if I had 999 coins hidden away instead, the market cap would be jumping around like crazy. I hope this helps you to understand a little more about what's going on behind the scenes, the next time somebody tells you that billions and billions of dollars are entering or leaving a specific crypto. Now you know, it's just not that simple. If you have any questions, I'd be happy to answer them just throw them below the comment section.

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Güzel bir yazı, ellerinize sağlık, sizce bitcoin bir sene sonra iner mi çıkar mı, devketlerin spekülasyon haberleri ne şekilde etkiler bitcoini.
😃

Birkaç tavsiyede bulunmak isterim, yazılarınızı esteem den paylaşırsanız post geliriniz artacaktır. Yaklaşık 0.80 sbd. Ayrıcatr etiketini kullanarak bu yazıyı hem türkçe hem ingilizce paylaşmanız, tr etiketinin yükselmesini sağlayacaktır. cointurk etiketini yazarsanız da ekstra yazınız seçilip ödül alabilirsiniz.

Yorumunuz icin oncelikle tesekkur ederim @baycan hanim. Genelde pc uzerinden yazdigim icin mobil pek kullanmiyorum. Birde inanin icimden hic turkce birseyler yazmak gelmiyor :)

Anadilimiz türkçe ama,😃
Yazmak daha kolay, bir de çevreniz varsa harika oluyor. 😃

dogrudur,haklisiniz. Cevrem var ama onlar burda degil :)

Airdrop ta mı

hayir @baycan hanim benim youtube kanalim var yaklasik 24.000 bin abonem var :) youtube a girip ismimi yazin :)

Şu an 1 milyon kişi Bitcoin kullanıyor. Bunun 100 milyon olduğunu düşünün. Başka bir şey demeye gerek yok herhalde. :)

O günleri görebilirsek ne mutlu bize. Bizim arkadaşlar daha bitcoinden haberleri yok 😃 ben de burada olup projeler yazdığım için biliyorum en son 21 milyonla sınırlı olan bitcoinden 17 milyon bitcoin piyasadaydı. Şu anda son durum nedir bilmiyorum 😄

Zamanla illa olucaktir :)Ayrica btc sınırlı sayıda üretildiği için ve blok ödülleri azaldığı için bitcoinin fiyatı sürekli artacaktır. Burada önemli olan ülkelerin nasıl tavır alacağı. Güney Kore, Çin gibi ülkelerden gelen olumsuz söylemler bitcoin fiyatlarına kötü yansıyor.

Spekülasyonlar inişlere ve çıkışlara neden oluyor, bu da devletler politikası, kar etmek istedikleri zaman düşürüp, ucuzdan stoklamak, sonra yükseltip kara geçmek. 😃

evet kesinlikle, al - sat ile yuksek kazanc saglamaniz mumkun.

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