At about $10.40 we will break the USD $100M market cap. = O
That number is somewhat hypothetical since a wide majority of bitcoins were never sold in the first place.
A better market cap figure would be something like 21M*(all btc ever sold)*(prices they were sold at)/(currently currently issued btc)
Well, theoretically at least.
So coins mined when they could be bought for .06 and saved (aka declined $1, declined $5, declined $30 and currently declining $10.60) are only valued by the holder at .06? No.
Yes, and it's a fact.
U mad?
To clarify: Coins never exchanged for Currency are have no business being valued at the market price.
That may be an inconvenient truth for some, it doesn't matter as long
BTC are going in the direction of triple digits or something, it does however if they are not.