Every day another made up out of thin air ICO comes to market...yes just a few clicks on the computer and some new cryptocurrency appears just like that...so of course after hundreds and hundreds of ICOs and now a cryptocurrency market with over 1100 cryptocurrencies, the overall market cap is going to rise.... the more magical fairy like pot of gold at the end of the rainbow cyrprotcurrencies that are brought to the market the greater the overall market cap rises but once the bubble pops you will see most of that huge market cap drop quicker than the dot com bust and financial crisis combined...
......... new ATH in Bitcoin happens. Well it sure seems like it anyway. That is what this topic is about after all.
How is printing crypto currency any different than printing fiat money? There are currently 195 countries in the world... with 180 currencies.... and in the last few years, there have been created (read printed) 1172 crypto currencies as of 6th Nov 2017.