Open Market Cap BTC chart
Click on Compare and pick TOTAL2 in 'Company Comparison'
The default setting of style is 'Line'
Pick daily timeframe and you'll see something like this
| Daily diff. | |
| BTC | TOTAL2 |
| 108.216B | 61.272B |
| 78.07% | 100.02% |
| Weekly diff. | |
| BTC | TOTAL2 |
| 108.216B | 58.864B |
| 78.07% | 95.41% |
| Monthly diff. | |
| BTC | TOTAL2 |
| 108.216B | 58.864B |
| 78.07% | 68.28% |
The gap you discover caused by default style LINE's 'Price Source' and while you switch between the different timeframes you'll get different heights and lows. To see both actual heights and lows switch Style to 'Bars'
| Daily heights and lows diff. | |
| BTC | TOTAL2 |
| 108.2165B | 85.091B |
| 78.07% | 150.76% |
Now, that one is a hell of a gap, I got to tell!
Let's see the gap of the actual Close values
Pick Style = Line. Price Source = Close. Ok. Monthly.
| Monthly Close diff. | |
| BTC | TOTAL2 |
43.645B |
44.38B |
| 29.53% | 68.29% |
Immaturity of Altcoins
If so called shadows(resistance indication) and tails(support indication) are important and teach us something then I guess I should say comparing in this case demonstrates well that TOTAL2 is running faster and trying to jump in front of the train, but in the end stick to his father. Far more volatile nature caused by immaturity. On the other hand you can learn something about father watching his son acting. Sometimes father is going to follow him and then you can say you reading his next actions from his son's behavior and sometimes he will move in different direction pulling the son with him forward another lesson.
Altcoins Markets
The question is should you rely on suggestion that one day son will outperform his father? My answer is YES. Reasons are simple and while some say 95% or even 99.5% of altcoins are scam and this is why the TOTAL2 will never outperform BTC Market Cap again(which is actually already happened in late 2017). These kind of short bubbles are temporary and being blown in short period with respect to cryptocurrency lifespan. In the same time new projects falling into altcoins category without even being in fact actual alts of Bitcoin. Take LINK for example which is btw gathering power really fast or ATOM which is solving different task or even EOS that is in fact the number one platform for crypto gambling at the moment. If you still not convinced than you should think about
Total cap of GOLD
Not dominating in market and we already heard specialists say that Bitcoin is actually going to outperform $7.5 Trillion of GOLD Market in upcoming years while same specialists say Bitcoin is going to outperform altcoins which is obviously false even if you put in altcoins category Stable Coins only that are one day obviously going to outperform FIAT pairs like US$/Yen and US$/Euro which are x5 or even x6 bigger by Market Cap than GOLD. Same reason we are most likely going to find ourselves in reality where some projects are actually going to outperform Digital Gold itself. Is that actually good or bad? I think it is fine and this is how things should go in real life. Nothing to really complain about like extremists that trying to brainwash you legends about all the money in the world go into BTC the same way some GOLD Standard freaks dreaming about going back to Gold Standard which never will happen since no real reason to build one system to pull into it all the wealth in the world and if you still can't get it even after Nickson's decision to put the end to Gold Standard for practical reasons then you might find yourself on the wrong side of history one day.
THE END
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