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Author Topic: Dash over 100 dollars per coin, but market cap still below 1 billion  (Read 401 times)
mkc
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March 23, 2017, 05:32:17 PM
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I am surprised to find this out today. I thought in terms market cap, dash beat ETH already.
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March 23, 2017, 05:38:59 PM
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I am surprised to find this out today. I thought in terms market cap, dash beat ETH already.
Do you have any idea how Ponzi schemes work? There's your answer.


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The Crypto Baron
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March 23, 2017, 06:42:05 PM
 #3

Market cap = price X # of coins (or shares if referencing traditional stocks)

I walk through market cap in this video here:

https://youtu.be/PiZwKJqbleQ

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March 23, 2017, 08:07:00 PM
 #4

The only reason this lower market cap with the high price is because Ether has been popular for a while and there seem to be more miners of it then dash, take for example minergate, that company has so many users but it doesn't mine dash. Once dash has the user base of ETH it will catch up and beat it very quickly. Say I had a crypto coin worth $775 million for 1 coin and I had the only coin in existence its market cap would be $775 million because there is only one coin worth $775 million. Hope this helps explain it.

https://www.bitcointask.com/r/bitmillionaire
nanonymousx
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March 24, 2017, 05:31:03 AM
 #5

Okay expect Dash market can go over 1 b, which translate to another 20 to 30 percent gain from here.
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