id	author	title	date	pages	extension	mime	words	sentences	flesch	summary	cache	txt
blog-dshr-org-9748		DSHR's Blog: The Bitcoin "Price"			.html	text/html	4796	518	80	The "price" of BTC in USD has quadrupuled in the last three months, and thus its "market cap" has sparked claims that it is the 9th most valuable asset in the world. Just like you would calculate a company's market capitalisation by multiplying its stock price by the number of shares outstanding, with bitcoin you just multiply its price by its total "supply" of coins (ie, the number of coins that have been mined since the first one was in January 2009). The graph shows that the vast majority of the "very small number of bitcoins that wash around the retail market" are traded for, and thus priced in USDT. Four posts worth reading inspired by Elon Musk's pump-and-HODL of Bitcoin. Third, David Gerard's Number go up with Tether — Musk and Bitcoin set the world on fire points out that Musk's $1.5B only covers 36 hours of USDT printing:	./cache/blog-dshr-org-9748.html	./txt/blog-dshr-org-9748.txt