I think they should not change their formula, if they do they will just lose their credibility. And it would not mean anything.
Just because Bitcoin is not going to be number one anymore is making alot of people nervous, I see. But the days are numbered as number 1.
Let's take a look at Marinecoin thousands of wallets downloaded by miners and traders, good hashrates upto 1GH on good days down to 100 MH on bad days depending on difficulty.
traded average 45 BTC volume in a few weeks, much more than the majority of the altocoins on the list. and its just a few weeks, that performance take into account its premine.
there are coins that no one is mining with 1 USD 24h volume many of them on the lists.
I think Marinecoin community earned it, as we operate based on a mutual trust relationship. there is no air drop no greedy loser developer here.
Premine %97 average price 1 USD 9.73 billion coins right? Currently by far the biggest market cap.
Mined coins are mined coins they are in the wallets, they can be traded exchanged in the future, now or maybe never. It does not concern anyone except the coins community. It is a private matter of the coins community.
No website can dictate as if they have not been mined, or claim they don't exist. who's to say that?
if there is double standard played to this, just like we created Marinecoin we will just create a stream of websites with marketcap lists and promote the hell out of them.
Stock Markets, national economies have been calculating market cap this way for hundreds of years there is no different way of calculating it or a special different formula, there is only one way and the right way.
Which is what it is now.
Marinecoin
www.marinecoin.org
