BTC Utili

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Anonymous
BTC Utili 2017-09-01 03:37:13 Post No. 3292605
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BTC Utili Anonymous 2017-09-01 03:37:13 Post No. 3292605 [Report]

With the Sudden boom after the fall on Tues/Wednesday, I was curious as to the cause - because our Total Market Utilization of Cyrpto hasnt risen.

So! I made this picture to illustrate that the boom Bull Run was just the influx cannibal effect of certain alt coins such as NEO, ARK, and the like.

If you notice, the TMC hasn't grown today, at any substancial rate, and yet we saw a 3.5% return on BTC today.

Anonymous 2017-09-01 03:43:05 Post No.3292666
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Anonymous 2017-09-01 03:43:05 Post No.3292666 [Report]

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However and moreso, we have seen a boom in LTC - via direct purchase.

So I am saying that the raise in the Total Market Capitalization was strictly from Litecoin, and that BTC gained strictly from absorbing alt coins.

Anonymous 2017-09-01 03:57:20 Post No.3292806
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Anonymous 2017-09-01 03:57:20 Post No.3292806 [Report]

>>3292666
Litecoin has been taking up more of the market I'd agree but what data shows the neo/ark/shitcoin money going to BTC not LTC? Direct purchase numbers for litecoin where?

Anonymous 2017-09-01 03:59:29 Post No.3292828
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Anonymous 2017-09-01 03:59:29 Post No.3292828 [Report]

>>3292666
>>massive speculation

Anonymous 2017-09-01 04:06:10 Post No.3292905
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Anonymous 2017-09-01 04:06:10 Post No.3292905 [Report]

>>3292605

what is the math exaclty?

change in bitcoin market cap / over change in alt coin mkt cap? are we getting anywhere itt?

Anonymous 2017-09-01 04:12:37 Post No.3292989
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Anonymous 2017-09-01 04:12:37 Post No.3292989 [Report]

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>>3292806
>>3292806

Due to the fact that the majority of NEO/ARK is BTC investment. So when the stock falls (Market Cap) Then the money has been pulled out to BTC, this is also why the penny coins have been going crazy, such as RISE.

Sorry, spilled something on the couch - pretty anal so I use rubbing alcohol..

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I'm aware that Imgur.com will stop allowing adult images since 15th of May. I'm taking actions to backup as much data as possible.
Read more on this topic here - https://archived.moe/talk/thread/1694/