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A comment on Founders Fund Makes Bet on Bitcoin. Parent comment

Re:Founders Fund Makes Bet on Bitcoin by runeks on Wednesday January 03, 2018 @02:12PM (#16064049)
> That trick costs a bunch of money in fees though.

Only if the exchange in question charges trading fees.

> And If you don't like using the volume or market cap, what do you use?

Market depth. Looking at the order book to see how much money is bidding on/being sold for bitcoins right now. See my reply to other comments for an elaboration.

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Re:Founders Fund Makes Bet on Bitcoin by vasilipupkin on Thursday January 04, 2018 @10:29AM (#16071003)
market depth understates liquidity dramatically because a lot of liquidity is hidden / dark. Nobody is going to show a big order in a super volatile asset.
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