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RE: How we can believe in steem-engine data?
Dear @pele23,i understood it, but i think it would be more correct if instead Market Cap they write Teoretical Market Cap....
Dear @pele23,i understood it, but i think it would be more correct if instead Market Cap they write Teoretical Market Cap....
Indeed, but what is that exactly marketcap? I never look at that, the order book tells way more about the value!
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Dear @pele23, market cap is the amount of real fiat money are invested to buy this virtual coin, so Bitcoin have $187.409.417.306 because people give such money to get BTC, when it value was 3.000 usd, its market cap was over third part of what is now....
I know, but it is just an abstract number, for me it has very little value
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I think, people just need to understand what is market cap... adding a false sense to it, would not help in my view. Making people believe in a value, is as missleading as not wanting to understand what it means.