Re:Show HN: Crypto total market cap to stock ratio
by antonkrasov on Wednesday March 05, 2025 @03:52PM
(#43272213)
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.
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.