So, I wonder how reliable a market cap figure might be in relation to supply and demand....could the bitcoin market cap be skewed also? I mean, if everybody started trading off their coin at current price, would the market cap really mean anything or is there some other number in which it would achieve an equilibrium?
I think it's all utter bollocks myself. I remember Marinecoin or something causing humongous excitement amongst its wee fans when they hit a $7 million market cap. When I looked up the trade volume it was a heady $1200 that day.