Quote from: TrueCryptonaire on August 20, 2016, 02:54:56 PM

Quote from: MooneroShill on August 20, 2016, 02:45:58 PM

Quote from: TrueCryptonaire on August 20, 2016, 02:37:44 PM

Do you think thanks to her Darkcoin has a marketcap of 100 million?

You need to educate yourself on how coinmarketcap calculates marketcaps and stop being amazed by that arbitrary number.

What do you mean?
There is around 50 % less Darkcoins (6-7 mil) issued compared with Monero (12 mil) so it should be easier to pump Monero's marketcap. Each 1 dollar rise represents 12 million dollar rise in Monero's and merely 6-7 million dollar rise in Darkcoin's market capitalizations.

Hes talking about what I like to call the ripple effect (since ripple is the poster child for this bait and switch). The price is a function of supply and demand (obviously) but coinmarketcap conflates currency supply for actual supply on the market.

So with ripple (havn't followed ripple so these figures could be out of date) the ripple foundation owns like 90% of the currency supply (or something like that dont quote me as a ripple expert). So only 10% is actually trading on the market at any given time. So the price is a function of the supply and demand in the market where only 10% of the total supply in existance is trading. Coin market cap then proceeds to multiply the price times the TOTAL currency supply rather than the supply in the market.

My understanding with dash is master nodes who facilitate coinjoin transactions (and are compensated well for this privilege) must hold a very large dash stake in perpetuity. So in effect this supply is locked out of the market. Even though in this case its a dash cartel locking away all of the funds rather than a single monopolist in the case of ripple, its the same effect. (yes i over use parentheses)