BitShares Forum

Other => Random Discussion => Topic started by: Catchfire on March 25, 2015, 08:07:51 pm

Title: Rimbit
Post by: Catchfire on March 25, 2015, 08:07:51 pm

Just discovered Rimbit....I see that it is gaining in market cap.  Any opinions?

Title: Re: Rimbit
Post by: JA on March 25, 2015, 08:28:05 pm

yeah   with 800$ 24hr trading volume  8)

Title: Re: Rimbit
Post by: liondani on March 25, 2015, 08:40:05 pm

Quote from: jabbajabba ༼ つ ◕_◕ ༽つ on March 25, 2015, 08:28:05 pm

yeah   with 800$ 24hr trading volume  8)

with one sentence you get all the picture  ;)

Title: Re: Rimbit
Post by: Ander on March 25, 2015, 08:45:58 pm

Quote from: Catchfire on March 25, 2015, 08:07:51 pm

Just discovered Rimbit....I see that it is gaining in market cap.  Any opinions?

I looked at the chart on CMC and it looks like the price is dropping while the market cap is increasing, which means its in a hyperinflationary release phase.  If you buy coins and the market cap of the coin goes up but the price of your coins goes down, that doesnt help you.

Title: Re: Rimbit
Post by: kenCode on March 27, 2015, 02:05:13 pm

Quote from: Ander on March 25, 2015, 08:45:58 pm

I looked at the chart on CMC and it looks like the price is dropping while the market cap is increasing, which means its in a hyperinflationary release phase.  If you buy coins and the market cap of the coin goes up but the price of your coins goes down, that doesnt help you.

Ripple is doing the same thing today. Check out their 1-day on CMC:
http://coinmarketcap.com/currencies/ripple/#charts