Quote from: toknormal on July 05, 2017, 10:14:34 AM

Quote from: paulmaritz on July 05, 2017, 09:51:36 AM

Whatever tickles your fancy. Now go cry a river! Cry

With the recent rise, I'm into this asset well into 5 figures now. I have no conflict of interest in making my case, in fact I'd be more conflicted by not making it. But I invested based on fundamentals, not some stock market 'trick' that came and infected the decentralised world of freely traded digital assets.

Here's the deal why the blockchain-supply is under-reported and why Veritasium's short term viability at least depends on it:

1. Traders make valuations based on marketcap, not coin-exchange rate

2. As such VERI's low marketcap looks extremely good value for new buyers because it's still below such benign offerings as Bytecoin etc al, even with the recent doubling of the last 24 hours

3. However, the small "reported supply" is not the real supply since new OTC trades are supplied from Reggie's 'wallet', not from the coinmarketcap.com reported quantity

4. If the full (blockchain issued) supply were to be correctly reported, what would happen ? You'd see a ranking like the one I posted earlier and an associated market correction since it would be unlikely to give a single token offering a higher valuation than the entire Ethereum blockchain coin supply

What Reggie is doing is making tactical use of marketcap reporting in order to price the non-ICO token supply based on the tiny ICO portion. It's not a bad strategy (and is working so far) but it should be transparent and not hidden behind some "we don't understand institutional markets" nonsense.

I highly doubt it, but if you're really 5 figures into it and peddling the BS you're peddling, then to state it extremely mildly, I feel sorry for you.

According to CoinMarketCap.com...

What is the difference between "Circulating Supply", "Total Supply", and "Max Supply"?

Circulating Supply is the best approximation of the number of coins that are circulating in the market and in the general public's hands.
Total Supply is the total amount of coins in existence right now (minus any coins that have been verifiably burned).
Max Supply the best approximation of the maximum amount of coins that will ever exist in the lifetime of the cryptocurrency.

Why is the Circulating Supply used in determining the market capitalization instead of Total Supply?

We've found that Circulating Supply is a much better metric for determining the market capitalization. Coins that are locked, reserved, or not able to be sold on the public market are coins that can't affect the price and thus should not be allowed to affect the market capitalization as well. The method of using the Circulating Supply is analogous to the method of using public float for determining the market capitalization of companies in traditional investing.

Source: https://coinmarketcap.com/faq/