Marketcap higher or lower will be better?

robelneo

legendary

Activity: 3416

Merit: 1225

Enjoy 500% bonus + 70 FS

Quote from: puremage111 on October 08, 2016, 03:15:18 AM

I don't really understand how marketcap works

Is it

Total Supply * Price = ?

Therefore, a coin with higher / lower marketcap is better?

Is yes, why? If no why?

Thank you!

In my opinion the coins with high marketcap are the coins worth investing in it tells us how many funds are coming in and out,but they are are not the only one that can give you assurance that a certain coin is profitable ,some coins are manipulated to reach a high marketcap..

talkbitcoin

legendary

Activity: 1372

Merit: 1032

All I know is that I know nothing.

market cap is a crappy thing for comparing "altcoins" in the real world it is actually a good way of comparing things because the total supply in real world doesn't come out of nowhere and there is something behind it.

but in altcoins since you can change available supply with a single line of code then you can manipulate the market cap to stay up.

puremage111

hero member

Activity: 1568

Merit: 511

I don't really understand how marketcap works

Is it

Total Supply * Price = ?

Therefore, a coin with higher / lower marketcap is better?

Is yes, why? If no why?

Thank you!

Topic: Marketcap higher or lower will be better? (Read 320 times)