Over a month ago and no more responses... how is bytecoins marketcap so high??
Because 90% of BCN never hit the market. Or even more. They were mined in secrecy in first two years. Now miners get only tiny amounts of BCN when mining. And that was from 2014 when BCN was introduced to public.
So basically it's dramatically inflated because the total circulating supply is dramatically lower than the actual supply and if it ever takes off the creators will show up, cash out and murder it?
Yes you can never be sure when they will dump on you. BCN marketcap is at least 10 times to high. Probably even more.