Author

Topic: nou (Read 123 times)

legendary
Activity: 2562
Merit: 1441
nou
January 12, 2018, 05:28:42 PM
#2
Good post. I like the attention to detail.

I would guess the market cap of PKR is $50. There are 5 coins in circulation with the highest and most recent buy order priced @ $10. (The 5 unmined coins don't factor in, afaik.)

I think market cap is determined more by how much someone is willing to pay for something, rather than what the buy/sell order is listed @. To make this more of a real world example, PKR could be traded on exchanges where there are no buy/sell commissions to move the price upwards without incurring costs. That tendency could partly explain how some alts and market caps become overinflated over time.

Good topic for discussion.
newbie
Activity: 3
Merit: 0
January 12, 2018, 03:21:36 PM
#1
nour
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