Bitcoin Dominance Exposed! Coinmarketcap Lies? 80% or 50%?
What is Bitcoin’s true market dominance? Coinmarketcap, the largest resource for cryptocurrency data, has Bitcoin’s market dominance at just above 50 percent. Is this false? New research suggests that Bitcoin’s true market dominance may be upwards of 80 percent if crypto projects volume’s are taken into account as a weighted metric. Today, we will look into the research, break it down, and see if Bitcoin has true crypto market dominance of 80% or if it is really what Coinmarketcap.com says, just 50%. 👌👌Subscribe to The Chico Channel--https://www.youtube.com/channel/UCHop-jpf-huVT1IYw79ymPw?sub_confirmation=1 ⏰ Time Stamps ⏰ 00:08 Introduction 00:39 Bitcoin Controlled The Market In The Beginning 00:57 Bitcoin Dominance Dropped In Early 2017 01:44 How Market Capitalization Is Calculated On Coinmarketcap 02:19 Coinmarketcap Has Flawed Calculation of Market Cap 02:32 Low Volumes Lead To Flawed Market Cap Calculations 03:27 Cryptocurrency & Their Market Cap's Should Follow Some Sort of Pareto or Power Law Distribution 04;17 Plotting Coinmarketcap Data=No Pareto or Power Law Distribution 04;40 Using Log View You Get Some Sort of Power Law Distribution Although It's Still Flawed 05:55 Volume Needs To Be Weighted As A Metric: Volume Weighted Cap: The Results 07:35 What Is Bitcoin's True Dominance Using Volume Weighted Cap? 08:00 Conclusion 📰New Chip Chodeler Episode #5📰 https://www.youtube.com/watch?v=LehJwxJYIHo&t=1s 😱Banned Bitcoin Superbowl Commercial😱 https://www.youtube.com/watch?v=svQ9_IjXaGk 🎤Chico The Rapper Makes His Debut🎤 https://www.youtube.com/watch?v=Ay--0QboLz0 📺Watch These Sweet Videos Again📺 MakerDAO CDP Loan Tutorial https://www.youtube.com/watch?v=yhZbY9Ycep8&t=2s The Slaying of The Bear Whale https://www.youtube.com/watch?v=CNIN71Kl7n4 Which Coin Will Rule The Next Bull Run https://www.youtube.com/watch?v=mMl6JrCzmeU&t=1s 🤫►► ► Chico Crypto Exclusive Links ◄◄◄🤫 🔥Join The Chat On Telegram 🔥 https://ift.tt/2QadgEi 👉🏻Follow Me On Twitter https://goo.gl/gmsDXa 👌👌Subscribe to The Chico Channel--https://www.youtube.com/channel/UCHop-jpf-huVT1IYw79ymPw?sub_confirmation=1 💥Buy A Ledger & Keep Your Crypto Safe💥 https://ift.tt/2SMkP1m 👍Download The Brave Browser $BAT & Support Crypto! https://ift.tt/2IyMkMa 💲 💲Want to buy your first crypto or Bitcoins? Sign up for Coinbase and get $10 in free Bitcoin https://ift.tt/2T3fxm7 📚 📚Educational links and crypto resources for starting in cryptocurrency Check the prices and stats of the most popular cryptocurrencies with Coinmarketcap https://ift.tt/1oKjfXP What is Bitcoin, altcoins, Ethereum and other cryptocurrencies https://ift.tt/2T6W5oH 🏺Cryptocurrency Donations: Support The Channel!!🏺 BTC 3ArFPC5ik9tBy8ART6R2X59qiNXatw5EAG ETH 0xF1d402C0175a9fa80dD770e82fa0BD50FDab0EbD ► ►Thinking of collaborations with Chico Crypto? Business inquires? 📧 Send us an email! tylerswope@chicocrypto.com #bitcion #ethereum #crypto #cryptocurrency #btc #eth #blockchain #trading #altcoin #invest #investment #millionaire #investor #innovation #currency **Disclaimer** The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Purchasing cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome. Past performance does not indicate future results. This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research.
View on YouTube
No comments:
Post a Comment