Probably the best thing when #coinmarketcap is crashing is to hide from social media & keep working on the products & real world adoption, until everyone is in a better mood. #realbitcoinclub#bitcoinmap
What if Tether never goes away and just goes straight to number 1? What happens then?
Yes that will happen, as #coinmarketcap is totally driven by trading and traders need FIAT backed coins to exit & enter the market quickly. That website is relevant for traders only!
"It feels sooo wrong that tether is on the coinmarketcap page, the assumption of having a top 10 means they can't just print more. Which is not applicable to tethers."
Jeffrey, I have to disappoint you! All the #coinmarketcap values are defined by the amount of fake money printed pumped into these coins. The real value is defined by adoption. #DASH
#Tether is now 4th place on #coinmarketcap this is because even these which call for P2P money are wasting more time on trading than on educating merchants in their neighborhood :( #realbitcoinclub#bitcoinmap
This #bitcoin pump & dump leads to the effect that once again everyone is watching at the #coinmarketcap instead of the real adoption numbers... True value is defined by real adoption. #realbitcoinclub#bitcoinmap