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Title: nou Post by: 9hil on January 12, 2018, 08:21:36 PM nour
Title: Re: My friends and I are in disagreement about the answer to this question: Post by: Hydrogen on January 12, 2018, 10:28:42 PM 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. |