Near match with market cap

[datguywhowanders]

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.

[peach]

I think you don't understand. That is precisely how market caps are calculated.

[datguywhowanders]

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.

[evoorhees]

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