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Show HN: Crypto total market cap to stock ratio

cryptostockratio.com

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Re: Show HN: Crypto total market cap to stock ratio

#2
I like this a lot, interesting to track whether it goes up and down.

But the absolute ratio is probably completely meaningless, because the crypto total market cap is nearly meaningless. I could mint a billion coins and I could probably get you to buy one for a dollar for fun. So the market cap is one billion dollars. What does that actually mean? Not much really. It has no relation to something actually worth a billion dollars.

Re: Show HN: Crypto total market cap to stock ratio

#3
post #2

I like this a lot, interesting to track whether it goes up and down. But the absolute ratio is probably completely meaningless, because the crypto total market cap is nearly meaningless. I could mint a billion coins and I could probably get you to buy one for a dollar for fun. So the market cap is one billion dollars. What does that actually mean? Not much really. It has no relation to something actually worth a bill…

Thank you! Interesting assumption, but I guess it's not so easy to fool coinmarketcap (API I used), although I'm definitely a noob here.