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A comment on Worries Grow That the Price of Bitcoin Is Being Propped Up. Parent comment

Re:Worries Grow That the Price of Bitcoin Is Being Propped Up by lawlessone on Thursday February 01, 2018 @11:18AM (#16283014)
Market cap is a terrible measure. If i make a my on crypto coin mine 100 of them and convince one person to buy one for 1000 euro, my coins market cap is suddenly 100,000 euros.
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Re:Worries Grow That the Price of Bitcoin Is Being Propped Up by ceejayoz on Thursday February 01, 2018 @12:46PM (#16283895)
For example: https://signalvnoise.com/posts/1941-press-release-37signals-...
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Re:Worries Grow That the Price of Bitcoin Is Being Propped Up by JohnJamesRambo on Thursday February 01, 2018 @02:18PM (#16284879)
It's terrible but it's all we have and the market moves by it. Ignore that at your own peril. Just a little bit more and it will rapidly close the gap due to FOMO.
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