Post
Topic
Board Altcoin Discussion
Re: What is Market cap
by
stupid_seb
on 23/09/2017, 03:59:51 UTC
Outstanding coins * value

Is coinmarketcaps reliable - with larger coins yes - with smaller coins no

Probably the only good answer in this thread
Thanks.

I would add that, it is not the size of the mcap that drives its reliability, the $ volume exchanged.
Coins with a lot of volume have a reliable marketcap. With low volumes, you may have pumps and manipulatik s.

One other good indicator is the mcap on total supply, assuming that the coins will be released in a short period (founders rewards, etc...)
See MCO for instance, and XRP on the other hand

Make sure you understand the difference between “current” and “total” supply (rtfwp!)
Avoid low volumes coins except for speculative moves
Use the mcap to drive your decisions. Not the unitsry price.

And ... don’t trust anyone here, we’re all full of shit ;-)