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A comment on Bitcoin 2014 – Top predictions. Parent comment

Re:Bitcoin 2014 – Top predictions by DanBC on Monday January 13, 2014 @07:19AM (#7050125)
What does "percentage market cap growth" mean? (Is there a glossary of financial for beginners that anyone can recommend?)

If dogecoin takes off on Reddit and 4Chan as a way of showing appreciation I can see it having many users.

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Re:Bitcoin 2014 – Top predictions by reitzensteinm on Monday January 13, 2014 @07:40AM (#7050194)
Market cap is a term borrowed from the share market[1]. I don't think it's technically correct applied to BTC but it commonly is.

Market cap growth as a percentage just means, if all BTCs in circulation are worth $10bn today, and $15bn tomorrow, then the market cap has grown by 50%.

I didn't use the price of the coins themselves as BTC is being minted more slowly than DOGE.

[1] http://en.wikipedia.org/wiki/Market_capitalization

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Re:Bitcoin 2014 – Top predictions by TomGullen on Monday January 13, 2014 @08:55AM (#7050524)
"Total dollar value" is the correct terminology for currencies
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Re:Bitcoin 2014 – Top predictions by paromi on Monday January 13, 2014 @09:07AM (#7050583)
you can check the market cap for bitcoin and dogecoin here : http://coinmarketcap.com/ dogecoin is at 8 mil for now , bitcoin at 10 bil.
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