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

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

[ VIDEO POST ] Date: 2019-03-25 21:51:43 | Duration: 8:36 | Views: 11356 | Likes: 695 | Dislikes: 22

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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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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My name is Tyler Swope. First thing I should tell you-- I'm a die-hard crypto investor. I also have a passion for writing, editing, and producing videos. I started investing in bitcoin, in late 2013 and have since grown my diverse crypto portfolio to moonshot levels by investing in Ethereum, NEO, ARK, Ripple, and others. The blockchain, the tech I have coveted for 5 years, is getting woven into the fabric of everyday life. Watch as I spread my knowledge and take crypto reviews and information to the next level. Initiate Chico Crypto!

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36 thoughts on “Bitcoin Dominance Exposed! Coinmarketcap Lies? 80% or 50%?

  1. Avatar Chico Crypto says:

    ⏰ 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

    💥Buy A Ledger & Keep Your Crypto Safe💥

    https://www.ledger.com/products/ledger-nano-s?r=c56a&tracker=MY_TRACKER

    🔥Join The Chat On Telegram 🔥 https://t.me/chicocrypto1

    👉🏻Follow Me On Twitter https://goo.gl/gmsDXa

    👌👌Subscribe to The Chico Channel–https://www.youtube.com/channel/UCHop-jpf-huVT1IYw79ymPw?sub_confirmation=1

  2. Avatar Nachannachle says:

    This is a very sleek video! You scaffolded the presentation really well.
    The only reason why CoinMarketCap came to existence was because of the altcoins-rush of Mid-2017. Admitting that BTC has always accounted for 75+% of the trading/market dominance would ruin their "position" in the altcoin-trading space. 🙂

  3. https://miracletele.com/?friend=9e69ed0c4ea0b8 stack this token and earn – now 100 stack pays 3.10 every 2 weeks

  4. Avatar Greg Demko says:

    I never comment on anything on YouTube.. Great Job with this and all of your other videos!! Keep up the good work!!

  5. We all know that the cap is inflated true value is closer to 80% less than what you read on CMC

  6. Thanks Tyler your insight is truly valued

  7. Avatar honouwashi says:

    I was tired of working in an office and wanted to get on my life and become truly successful on my own terms. I heard about bitcoin trading, and i was interested because i only have a few hundred dollars to start out with.

    I spend several months researching the financial markets in-depth and reading about trading strategies developed by other traders. I found a trading method which helped me to consistently profit, and backtests that method on hundreds of trades using old charts. I didn’t achieve the amazing results I hoped for. I wasn’t an expert, I wasn’t good with the trading strategies and the signals. Even though I was making profits but that wasn’t enough for me. Trading without a method or system caused me to lose money and at that moment I realized I needed an expert In bitcoin trading, someone who’s very flexible with a good method of trading and my friend who’s also very good with what he does recommended me to Mauricio Pierce, A very successful and a pro in binary options trading. After chatting with Mauricio Pierce within a week of reaching out to him. I’m happy to say that I’ve been making millions of dollars through trading. I’m a big time bitcoin investor and a successful bitcoin trader all by the help of Mauricio Pierce. You can tell this story too, Get in touch with him now [email protected] if you want to tell a story like this too!

  8. Avatar Tom Clark says:

    JP Thor fits the patreo-distribution wrong: a function like a+deltradistribution is not a classic patreo-distribution … it is a classical patreo distribuion for values above a … i want to say: what jp found is a patreo distribution just for some part of its Volume-weighted-Mcap. Coming to the point that his results are misleading. Im not a hater – but when you try to fit a distribution to some non-specified weighted mcap, you consider it correct when you can write btc has 80% and the rest 20% ;o)

  9. Avatar CaliC4 says:

    thats a terrible wig, its so distracting to watch with a straight face

  10. It always seems good to meet the right man, I keep making $14500 weekly from Mr Kelvin Peter…

  11. Avatar ercrypto 74 says:

    The first problem is that crypto started with the wrong foot by adopting a a Shares style Market Cap metric, adding volume into the equation would help however if this was adopted your can be sure bots would be used to trade amongst themselves to increase volume so the solution is not as easy as it seems.

  12. In theory this discovery could reign tragedy on the alts but I might have to disagree with JP's volume conclusion. Although volume may be faked, I'm not seeing how this can determine dominance. It's awesome that this is pointed out and I'm going to take some time to work with this but I'm not drawing any conclusions yet.
    Thanks Brotha!

  13. Avatar osirus twits says:

    great video keep it up this is the chico i joined up to see

  14. Avatar Equalizer says:

    Good stuff, Chico. I always learn something from your channel.

  15. Avatar spikfrank says:

    jpphore_ doesn't seem to exist on twitter.

  16. Avatar Euquila says:

    Did you watch Charle's ama? Are you a black and white thinker CC?

  17. Avatar CryptoPhil says:

    Are you wearing a wigg? 😀 Keep a comb i your back pocket man … 😀 Tshirt is cool so you´r ok!

  18. Avatar R W says:

    https://www.youtube.com/channel/UC0Lqxo476c81K5Gk8FxoLNA/videos unterstütz mal den Kanal der bringt euch auch Reichtum in Cents ALLA!

  19. Avatar x_factor says:

    This channel is so lame.

  20. Avatar millyionnnn says:

    Good for bitcoin bad for all a lot these crappy coins. This is definitely going to get dissected in the coming weeks to see the accuracy ,but great info Tyler!!

  21. I dont think you can "volume weighted cap" bitcoin because we mostly convert to bitcoin to buy alts.

  22. Talk about AICHAIN . Crypto from.the CEO of Bitmain

  23. Avatar alter3go says:

    Excellent analysis, but you have to wonder how useful this actually is if most people don't even realize it. When the majority sees a potential for a flippening on coinmarketcap, they'll probably act according to that information. Leaving the minority of investors with accurate information with the short end of the stick. It reminds me of a quote by A. Gary Shilling: Markets can remain irrational a lot longer than you and I can remain solvent.

  24. Avatar David M says:

    There's was an article on Medium and Twitter account about Coinmarketcap lying. There's even shittier site Worldcoinindex which takes coins out of nowhere and pushes them higher on the list. Maybe if SEC will read Bitwise report they will do something with those scammy sites. There should be a good site to check prices.

  25. More! Kill the bitches of this crypto-world!

  26. Avatar Lx ErD says:

    Yolo, wouldn’t wash trading skew this number?

  27. Avatar Mathew WARD says:

    The problem is that the application of the maths taking into account traded volume, which is then adjusted, then applied to the other metrics to determine market cap is that he had a predetermined curve that he was trying to make the data fit, which is not how statistical analysis works. Traded volume is the best indicator of risk as it determines liquidity, people who ignore it are foolish. Also the volume figures are notoriously unreliable and dominance is irrelevant for the most part as long as the assets is liquid or fungible with another liquid asset.

  28. Great bringing attention to this. How are we going to get CMC to change the way they present this data as well as removing fake volume from exchange listings? Only way I can see is if they are boycotted!

  29. Avatar Oh Hey Matty says:

    Could you add JPs twitter to your description for ease of access. The username was hidden behind your end screen and when i manually search for him having some trouble finding him. Want to support him for his work. Ty.

  30. Avatar OneQBit says:

    Hey chico dicko !! Tron going off bruv!! Loving it over here.. making $$$$$ everyday!! Thanks for keeping your subs out 🙂

  31. Sorry couldn’t hear you could you maybe turn up the guy talking

  32. Avatar Batman says:

    Bro you look like you’ve put on 10lbs of muscle 💪 good work

  33. Avatar 3cialo141 says:

    Yet, 95% of btc volume is fake.

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