Blocktivity.info - The other face of the Blockchain and perhaps the real value of Blockchains versus market capitalizationNandibear.com
by Nandi Bear
January 24, 2018 - 12:08 am
Excerpt:
How should the value of a cryptocurrency be calculated? The Nandi Bear has previously written about figuring the value of Bitcoin: [url=https://www.nandibear.com/the-first-bitcoin-exchange-site-and-how-the-value-of-bitcoin-was-determined-new-liberty-standard-5050-bitcoins-sold-for-5-dollars]The first Bitcoin exchange site and how the value of Bitcoin was determined - New Liberty Standard - 5050 Bitcoins sold for 5 Dollars[/url]. Evidently back in 2009 the price of bitcoin was calculated by the rough cost of electricity needed to generate the coin (using NewLibertyStandard's electricity bill).
Most of us are familiar with [url=https://coinmarketcap.com/]Coinmarketcap.com[/url] which, as the name of the site implies, ranks a blockchain by the total dollar market value of each cryptocurrency's respective circulating supply.
[url=http://blocktivity.info/]Blocktivity.info[/url] presents an alternative, and remarkable, method of determining the value of blockchains by observing the activity on the blockchain. According to their site:
We are observing which project is actually being used by people, which is in our opinion, the best predictive indicator of value you can have.
Read entire article here:https://nandibear.com/blocktivity-info-the-other-face-of-the-blockchain-and-perhaps-the-real-value-of-blockchains-versus-market-capitalization
