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RE: I made my own Token on Steem Engine! Another Useless Token! (A)
It's fun, right? As "useless" as they might be, seeing your own token being traded feels somewhat magical :-) I've been doing this with a few different systems, will have to try https://steem-engine.com as well. Lots of good work being done here!
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I actually made the first trade on your token. You now officially have a market cap of over $400k. Congrats to being rich! :-D
And just like that, we all realize that all the crypto marketcaps are bullshit , but it doesnt end there, all stock marketcaps are also bullshit , entire stock market is bullshit
That's always been the biggest issue with crypto market caps.
With stocks it's not that much of an issue - if a company makes 1bn profit at a 20bn market cap, that means a P/E Ratio of 20, so you can compare stocks based on these fundamentals and decide whether they're worth investing. That's not possible with crypto.
Won't argue with your general assessment of the stock market, though :-)
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