Quote from: wintercooled on July 15, 2016, 06:08:24 AM

Am I right in thinking that the steem currnecy was pre-mined and in the hands of the owner of Steemit?

So when they talk about Steem's market cap are they including the 60% (or whatever it is) that he owns?

There was a discussion about that on the coinmarketcap thread. Some or all of the steemit coins are excluded from cmc's calculation similar to how the calculation is done for ripple.

Quote from: CoinHoarder on July 15, 2016, 05:56:44 AM

Well, this has turned into quite the anti-Steem circle jerk. It is clear some of you have not read the white paper, as you are wrong/confused about several things. Yet, I have wasted enough time with trolls already. I am certain there are at least a couple sock puppets posting here too. It us funny that as soon as Steem shot up coin market cap all the other bag holders feel the need to tear it down to prop up whatever they are bag holding. Very sad indeed.

Are you new around here?