Read on Twitter
1) The total of the electric flux out of a closed surface is equal to the charge enclosed divided by the permittivity.
2) There is only one metric = if FIAT is moving into crypto or in reverse. And since bitcoin is only 37% of total market cap, one can expect that no more than 37% of total invested money is going to bitcoin
3) Probably big exchanges already know such numbers - by extrapolating their data.
4) And passive investing - imagine people creating balanced portfolio of ETH/BTC 1:1 -> then if enough people will be doing this the price (total marketcap) will be in equilibrium
5) So current total market cap % is showing global portfolio #TIL I feel stupid after this realization
6) Sum of all portfolios = total coinmarketcap.
There is question - if new money coming to crypto is investing into bitcoin more than coinmarketcap % ratio?
There is question - if new money coming to crypto is investing into bitcoin more than coinmarketcap % ratio?
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