Post
Topic
Board Economics
Re: Why market cap is irrelevant
by
stompix
on 16/07/2017, 22:47:11 UTC
Imagine you own a rock that is worth $2,500.

A few days later the same rock is valued at $1,800.

It is clear the value of your holdings has decreased.

I don't see what's "irrelevent" about that.

 Huh



And the value of the rocks has decreased because somebody has sold rocks x usd worth ?

Your example lacks everything.
What was the market cap of the rocks? How many rocks were sold?

It only proves exactly my point.
The value of the unit is relevant not the market cap.