Thread: Money Bitcoin Take?
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Old 02-07-2018, 10:14 AM   #1420
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Quote:
Originally Posted by ChiefRocka View Post
Pardon the pun but you're selling some of these coins short. There are a few that will make comparable gains to BTC and ETH today. If you think the train has left the station you're sorely mistaken but of course only time will tell. Just some Chief's fan prediction.

In comparison to world markets there is very little money invested in the crypto sphere today.
I like to watch Bitcoin Ticker as I found it pretty fascinating watching the price/volume action on Bitcoin. One time, I saw a 40% price swing on Bitcoin in a 10 minute period; that, in and of itself, isn't rational. It gets really nutty when you look at the volume it took to move the price that much: Looking across the different exchanges that Bitcoin Ticker tracks, it only took about 1,210 Bitcoins to move that market by 40%--understanding that there are currently 16,851,412 Bitcoins in circulation currently, that means that .00665% created such a drastic change. To put it in perspective, imagine Berkshire Hathaway fluctuating in price by 40% based on one quarter of its average daily volume.
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