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RE: Which coin has the largest market cap? Hint: It might not be the one you think...

in #crypto7 years ago

I mean, if that's how you want to interpret it. His entire post is assuming that if 100% of supply was circulated today, that price would remain the same thus price x total supply = market cap = "technically" bigger than Bitcoin. If you can't see the logical flaw in that type of reasoning...dunno what to tell you.

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If 100% of the supply was circulated today at the same price, it would be a larger market cap. It's not hard to get this. I think a) you don't believe that demand would allow for the price he imagines, and b) you're just looking for something to disagree with.

Of course I don't think demand would keep up with a 60 billion coin increase in supply...that would be an unnecessary and stupid assumption. See the diamond point I made above, same logic. No one would ever speak like this in a market outside of crypto.

This is all hypotheticals. The fact that you're getting so worked up about this is hilarious.

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