I think you don't understand. That is precisely how market caps are calculated.
And now I'm just a tad smarter, too bad I didn't google it in the first place. Self Fail.
LOL we all make noob comments sometimes
Topic: Near match with market cap (Read 909 times)
And now I'm just a tad smarter, too bad I didn't google it in the first place. Self Fail.
LOL we all make noob comments sometimes
I think you don't understand. That is precisely how market caps are calculated.
And now I'm just a tad smarter, too bad I didn't google it in the first place. Self Fail.
I think you don't understand. That is precisely how market caps are calculated.
The current market cap, according to Bitcoinwatch.com:
96,631,106
The current number of bitcoins in existence:
6,738,350
96631106/6738350 = 14.34 (roughly)
Current price on Mt. Gox = $14.39
Have we reached equilibrium for now? Or should those numbers always come out that way? I'm just curious if it's coincidence or normal behavior.
96,631,106
The current number of bitcoins in existence:
6,738,350
96631106/6738350 = 14.34 (roughly)
Current price on Mt. Gox = $14.39
Have we reached equilibrium for now? Or should those numbers always come out that way? I'm just curious if it's coincidence or normal behavior.
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