People ask me a lot about marketcapcoin. Marketcapcoin is the most successful altcoin yet. marketcapcoin is what I call a “second-generation” cryptocurrency: the first generation was bitcoin, the second generation is marketcapcoin.
marketcapcoin has been around for about two years now. It’s not very big, with a total circulation of under ten million bitcoins (about $15 million). But it has been growing at a steady rate in recent months, and I think it’s probably going to be bigger than bitcoin by next year.
Marketcapcoin is easier to explain than bitcoin because it isn’t trying to be anonymous or untraceable. You can trace every transaction to a unique address, so if you want to find out who owns it, there are only a few possibilities: they’re the creator of marketcapcoin; they’re someone who bought some coin from them and then sold it again; or they’re one of the other people who own coin in that address.
marketcapcoin is designed for speculation rather than money transfer. So you can buy and sell it on an exchange just like any other coin, and you can use exchanges to trade with anyone else holding coin. But if you hold more than one thousand coins, your
I have been told by people who have known me a long time that they never saw what I am doing coming. They were surprised, because they know how I love markets, and how much I always loved coin values.
But by the time I was ready to launch my project, the stock market had become the chief way to track coin values. It wasn’t just that it was easy to do: it was also easy for people who didn’t understand the coins to do. This made it possible for anyone with a portfolio of coins to see what their holdings were worth in dollars, euros or whatever.
And so the first thing I did was take out all the names from our site – you can still find them on a list of bitcoin projects – and replace them with a single global stock exchange: marketcapcoin.com
But this was not enough. The point of marketcapcoin is not just to track prices; it is also to help people make money by following the prices.
Marketcapcoin allows people to buy and sell coins, thus changing their net worth according to their views about future changes in prices. It lets traders bet on whether they think prices will go up or down in the next minute. It lets them give advice on which price moves will be
Marketcapcoin is a coin that’s designed to have a large market cap, in the hope of creating an attractive investment. Marketcapcoin has no intrinsic value, but it does have one thing that all other coins don’t: it has a large market cap.
As long as it’s smaller than the rest of the coins, marketcapcoin will always be worth more than its actual currency-like value. It’s like the dollar bill in a world where everyone makes their own money.*
This is not at all obvious to people who think about money only in terms of things that have intrinsic value. They think that if Bitcoin is worth something, then so should all the other bitcoins. But we could ask them to compare £1 with all £1s and they wouldn’t know what to do with the comparison; they’d just think you were being silly.
We can do better than that by comparing marketcapcoins with other marketcapcoins, and saying that marketcapcoins are worth more than those other marketcapcoins if their total market cap is larger.
The basic idea is that marketcapcoin is a new kind of currency, issued and controlled by people who hold shares in a company called Bitcoin, Inc. I call it marketcapcoin because its value comes from the market cap of Bitcoin Inc. It is an attempt to be a way of doing crowdfunding for startups that don’t need capital but do need attention.
Bitcoin has a market cap of about $4 billion. That is about ten times as much as all the Bitcoins ever mined. It’s not a huge amount to start with, since it takes time to build up a company that large, but it’s big enough to offer investors a significant return if they put their money in now and get their money out later when Bitcoin Inc sells shares to raise money.
The problem is that Bitcoin Inc doesn’t exist yet, so the shares won’t be selling for anything anytime soon. So this new kind of currency will probably have no value at first except as an investment.
A marketcapcoin is a coin whose market capitalization is equal to its circulating supply. It is a way of measuring the value of an asset, by comparing it to a standard unit.
The idea goes back to the eighteenth century, when merchants would buy gold and silver coins in one country and then sell them for different currencies in other countries, with some profit for themselves. They would then melt down the coins to make bullion bars and sell them to other people.
But there was no convenient way of doing this. If you wanted to know how much a given coin was worth, you had to go through all your records and do an audit. And this wasn’t easy because coins were often only recorded on paper; if there was no record of it being melted down, someone could pretend that it had been destroyed and claim bullion from the government on that basis.
But if you knew what market capitalization was, you could simply multiply the price of gold by its market cap value (the amount everyone else wants to buy it for).
Market capcoin is an altcoin that provides a way to measure market capitalization. The basic idea is that it is hard to compare the value of one coin to another. But if you can compare the value of one coin, you can compare the value of many coins. Market capcoins provide a way to do this.
Market capcoins are not like other altcoins. They do not have an underlying technology or a specific purpose beyond being market caps, and they don’t have any particular advantage in being market caps.
But they are better than other altcoins because they are not like other altcoins.
Market cap of a cryptocurrency is the price of all the coins multiplied by their total quantity. A good estimate of how much it takes to buy a bitcoin from someone who already has one is 0.09 bitcoins. If you want to invest in a cryptocurrency, an educated guess as to its market cap is your best guide.
There are now hundreds of cryptocurrencies, and new ones appear every day. The market cap of most ranges between $5 billion and $100 billion, but some are worth much more. One with 8 million coins was selling at half a million dollars apiece on November 24, 2017; one with 7 billion coins, with 5% annual inflation, was trading for $1,000 per coin; and another, which I own, is valued at almost $1 trillion (there are only 8 billion coins). Many other cryptocurrencies have smaller market caps than Market Cap Coin, so it’s not too hard to find something that seems promising.