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RE: How we can believe in steem-engine data?
Well, I get you, but S-E just takes the total amount of tokens multiplied with the last price it was traded at. Of course this is not accurate when there is so little volume... There is just no accurate way to calculate market cap otherwise.
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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.