Bitcoin Dominance Exposed! Coinmarketcap Lies? 80% or 50%?

9,231 Views · Posted 5 years ago

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%.

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⏰ 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

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**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.

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