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9hil (OP)
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January 12, 2018, 08:21:36 PM
Last edit: February 27, 2020, 09:20:30 PM by 9hil
 #1

nour
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January 12, 2018, 10:28:42 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.
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