I don't know if anyone on this board also tracks these numbers (and sadly, I haven't found a good source online for charts, so I would appreciate it if someone could post one or create one). However, I have been tracking the relative market share of the Bitcoin market cap vs. the total crypto market cap since around Jan 2014. Interestingly, despite a change in value of over 75% since the peak, the market share of Bitcoin has remained remarkably stable. I've been tracking this on coinmarketcap.com, and just plugging it into a calculator to divide it out.
Other altcoins, not so much. There has been a lot of movement in the altcoin space up and down the rankings for second place and below, as I'm sure everyone on this board is keenly aware.
So per my numbers, which sadly I did not record in any systematic way, Bitcoin had around 90% market share, with daily volitility of less than 0.01%. You read that right. It seems that the market is very uncertain about the proper pricing of cryptocurrencies / cryptocommodities in general, but believes that the value of Bitcoin within that market is very stable. Bitshares and the rest have been competing over the remaining 10%, and there has been a fair amount of movement in this space, although Bitshares is also an island of stability here. This is good, in that we aren't really losing market share, but it is bad, because we aren't really gaining it much beyond the initial push.
However, recently, Bitcoin dropped to 80%, and has continued to be very stable after this sudden jump. This happened around the same time that Ripple "inflated" their distribution numbers, but they didn't inflate them by enough to account for the whole difference, so I'm confused.
I'd like to put out a call for real data. Let's track our market share over time. Specifically, I'd like to track the ACTUAL amount of XRP that has been distributed to the market, not the fake number that includes their "agreements to distribute" or whatever marketing speak they are calling it. There is good data on Bitcoin, but I'd also like to see the data on Bitshares. We can ignore Litecoin as a dead man walking with no real compelling use case other than laundering money back and forth between Bitcoin and Litecoin for obfuscation purposes. Similarly we can ignore PayCoin as an obvious scam, and all the other ones are too small to really make a difference in the numbers. (Plus, Stellar has way too little actual distribution for the market to price it correctly, and DogeCoin has hitched its wagon to Litecoin's fading star).
1) Can anyone point me to data on a "GINI coefficient for XRP" or wealth distribution or similar for XRP?
2) Can any point me to similar data on BitShares?
I will come back with fun graphs in exchange.